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Daily Scalping EA - Discussion Thread

Hi Skyline,

i'm in asia and can't download your EA. Could you please post it or something? Really want to try the EA on my demo account. Please help.


Regards,
EG
loss 100k in Forex, up 1k, still have 99% to go!!
Quoting nubchai
Hi There. I read the daily scalping thread by Kimble. My question is that this EA doesn't seem to follow the rules. Or maybe I am missing it. It was my understanding that at 2400 GMT you enter and order in the direction of the previous day's trend. And you then enter a trade in the opposite direction 40 pips away.

Does this EA enter both orders for you or only one? And you then have to enter the opposite direction order.

Thank you!!!
When I last tried this EA it opened only either long or short orders - depending on which broker I used - not the daily trend.
Seme traders have had success with it, if I am not mistaken.

http://www.forexfactory.com/showpost...postcount=9478

It is possible brokers know about this EA so they filter it out some how?
Quoting evilglory
Hi Skyline,

i'm in asia and can't download your EA. Could you please post it or something? Really want to try the EA on my demo account. Please help.


Regards,
EG
Here is one version, the latest one taken from the first post.
Attached File
File Type: mq4 Daily Scalping EA v1.0h.mq4   20 KB | 2,300 downloads
Hi,

I've been reading all TK's and this Thread. Great works thumbs up for Skyline and TK. Its just... your link, we cant access it somehow when u r in east asia. Can u place it at another link The stable version v1.0h1 or v1.0f. Bcause with v1.0h, somehow it open position at 00:34 GMT (which i place my v1.0h EA on 1H chart). That cant be rite... am i rite. Im using Fxopen which is +3 GMT so my setup for GMTShift is 3.
Without EA its abit annoying wake up on 4 AM in my time(GMT+7). I would apreciatte it when u give me the stable version. Thx


byens
My suggestion :

- Use Local PC time for close position.( which is easier for everyone)
- Use Open Position Daily Candle for OP.
- Weekly Scalping in EA ( so u dont have to open 2 charts in 1 pair).

Idea Weekly scalping is to take long term trading, as backup we have daily trading. So if Weekly make Doji or spinning tops, we still gain pips or either way.

Only my suggestion .

Im testing manual in mean time, so i wake up or even sleep after OP... if i have to . Its the only way to test original version Daily Scalping from TK for me.

Thx.


byens
  • Post #327
  • Quote
  • Edited at 7:21am Jun 24, 2008 6:07am | Edited at 7:21am
And what is the GMT setting, when trading hours are from Sun 17:00 EST - Fri 16:00 EST?
Broker is http://www.fxclearing.ca/eng/
When i have time, i read this EA done from my admin skyline
Hi

First: please - excuse my english
Second: tribute to tkimble - greate strategy - simplycity rules
Third: Skyline - fantastic work - thx for your efforts

4th: one "small" problem with EA - in strategy tester it dosn't reverse position when hit SL - i'm using 1h version (last)
Can anyone help my?
Hi Guys

Having read and re-read this thread just wondered where the ‘veterans’ of this thread are at

(Daemien, Petersurrey, Scrat, Yezbick, Skyline, Aktur, Bullrock, toti1972, Piprage, Ryanmel, Driftwood, Hoss, Forexdude, Hondakoron, Grajo, JeremyA, MillerHighLife, Ronald Raygun, U2DaMax, BHoliday, Coolshades etc

Has the system been successful over the 18 months?
any better EA now?
[email protected]
Hey Skyline
Im a new member and have some questions
1. Can you please tell me what time frame to use Daily Scalping v1.0h.mq4 on ( 1,min, 5min etc...)
2. I would like to use trailing stop with Daily Scalping v1.0h.mq4 , can you please tell me if I can use this with the MM = false?
3. Do you have an explanation on how Daily Scalping stretegy works?
3. Can you please tell me what time frame to use Firebird v1.0a on ( 1,min, 5min etc...)
Much appriciate your assistance
Quoting skyline
Hi All
this is the thread related to automating using EA , the trading system Part Time Wealth Builder - Daily Scalping started by Tkimble (thanks a lot to him for all his great trading system shared over this forum)
Since this post cannot further be modified by me when 48 hours are due, you will find latest EA update in my signature.
The Daily Scalping EA is intended to be used with original Tkimble's rules so please refer to his thread to know how it works.



[b]User...


Skyline Sir,


I have some question regarding the setting...

same asking as member above my post.

What's the money management covers, izit including the maxlossestradeperday, slippage and trailing stop besides the risk?

fairylord found most of the EA has MM, but not sure how to clarify which setting is included for the particular EA?


another question: what is slippage?


thanks, wish to get your reply soon^^



Thanks for sharing


Fairylord
Sir Skyline,

I have new questions.. regarding the GMT_Shift and HourstoCloseOrders setting (what again???), i know that Sir has give great explanation and fairylord had also go through those relevant post+reply in this thread.....may be i'm poor in english and lack of relevant timezone knowledge, i still can't get it....



I'm using IBFX and located in Malaysia with GMT+8....
I understand that the GMT_Shift should be followed the broker server time not where the EA located.

Hence, My setting for GMT_Shift should be 0, cause IBFX server broker's is GMT 0...So that the EA could open position from 00:00 GMT?
But this setting presents not much orders opened.
Then, i also tried set it to 8 (cause GMT+8 where i located), somehow the frequency of order opening is much more instead of 0.


Now, i confused whether the GMT_Shift should be 0 or 8.


Another is regarding the HourstoCloseOrder, default is 17, what does that mean? Izit broker server time 17. all the opened position would be closed regardless the position in profit or loss condition?

Or

the 17 is the depends on the local time (shown in my pc) where i located?

Or

the 17 means that if the position in floating situation, but it will float for 17 hours only, then it would be closed if still floating (Without SL setting)?




Thanks, Sir..

I really need your reply and support since this is the EA giving the best performance among those I used, at the moment.
Anybody still using this EA?
Quoting Fxscalp
Just tested this EA on several brokers and it seems I am experiencing some undesired results.

When trades take place a SL, TP is used but it not respected, the EA still closes trades regardless. It does this in seconds or less.

I tested the EA with the following brokers Alpari, IBFX, SGB and Aleccoh.

I only want to go off Alpari and Aleccoh for now because Aleccoh FX is meant to have no slippage or requotes.

When attached to the alpari account it only opens buy trades, but when attached to aleccoh it only opens sell trades.

The EA also ignores...
Was interested in the setting of the ea used to get those results...working on a reverse system...would love to chat or email with you about it... my email is [email protected] .... thanks
Anybody still testing this one or is it Dead
This is another scalping EA from the family of fractal scalpers. This is however an entropy scalper.
The EA is free to download only for copyright reasons it can't be uploaded here directly.

http://beathespread.com/blog/view/15...chaotic-kernel

The idea of the EA is to use pockets of predictability. The EA is tested to work on 15 time frame for EURUSD.

The EA is brand new so there are not out of sample tests, unlike for the Fractal scalper where there are almost six months of out of sample testing.

What I can say is that the EA is not based on the traditionnal technical analysis. The concepts are fairly different.

The concept of pocket of predictability: a place of increased predictability, for unknown reason. The EA is measuring it through entropy indicator.
If the entropy drops belows a certain level it is time to take a directionnal indication.

The directionnal indication comes from a second component, that is a kind of a neural network using the native genetic algorythm.

The idea here is that by using it we train to predict only on places that are predictable enough. And that is a main difference from the other artificial intelligence systems that train on unpredictable stuff.

The prediction component is using something that exists only under metatrader it is a chaotic kernel that is deemed to be completely novel a very experimental ai design.

So this is the basic idea with the main components. Predicatbility component and Prediction component.

The final component is about the stop loss, take profit and live hours. Here it is about the market state. Use your judgement here. I have written a lot about market state.

Have fun
Hi i like to use the ea a minimum acount start 200 eur. Can somebody giwe me the set file for that
Regards kristjan
Hi everybody. Good day... being a newbie I have no access to some of the categories of the esteemed forum, particularly creating new topic is also lock for me. Since I am one of the small fishes in the river of the FX world, hence I love to exchange some useful stuffs, info and my experience with friends about trading online. If you guys have any tasted EA or decent indicators may share as well.

I have been using one of my tasted indicators having clear trend for both the Short and Long Positions. It works so far great, It does auto trades as well but very often. however it helps getting the right trend and placing order and exiting theme right time. If anyone else here is using the same please share your experience. I am so far happy with this tool.

Wish you all better luck.

Regards
Prince
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