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FX Laser Scalper System

  • #161
  • Nov 25, 2013 5:13am Nov 25, 2013 5:13am
Quoting sdestiny
{quote} Great Indicator forexmoments, thank you for sharing ,I agree though with some traders here that EA would be ideal and work real good using this indicator as winners rate is way higher than losers. Thx again for sharing..

Lots of people have asked me to make an EA. I personally don't believe an EA would be best suited for this, but I keep getting told the opposite, hehe.

Maybe I'll look into getting an EA made for this in the future sometime, but even then, it wouldn't be as good as trading manually. Never is.
  • #162
  • Nov 25, 2013 7:04am Nov 25, 2013 7:04am
No signals so far for the day.... lets see what NY has to offer.... patience is key!
  • #163
  • Nov 25, 2013 7:47am Nov 25, 2013 7:47am
am i right in saying we havent had a signal thus far today yet ?
  • #164
  • Nov 25, 2013 7:47am Nov 25, 2013 7:47am
Quoting forexmoments
{quote} Lots of people have asked me to make an EA. I personally don't believe an EA would be best suited for this, but I keep getting told the opposite, hehe. Maybe I'll look into getting an EA made for this in the future sometime, but even then, it wouldn't be as good as trading manually. Never is.

EA'S are rubbish. never used them myself.
  • #165
  • Nov 25, 2013 10:20am Nov 25, 2013 10:20am
Hi forexmoments,

I backtested USDJPY with your exceptional indicator v2.1 from November 1 - 22 with fix SL=TP=10 pips. The result was impressive. 40 trades, 39 wins (= 97,5% !!) and I took every trade.

With 5% risk (you may hold the opinion that this is too much, but if you have such a winrate) my accont grows 500%!!

It is obvious that it can`t go on like that, but if the future results go approximately in this direction, this would be the greatest tool I`ve ever seen.
In this case an EA would really make sense, as discretionary control would be unnecessary.

I hope this is not only a beautiful dream.
  • #166
  • Nov 25, 2013 5:14pm Nov 25, 2013 5:14pm
i see there was a sell signal at 21.55 (GMT +2 ) . i was in the gym when it came about !

did you folks trade that ?

sometimes i wish i could view my mt4 charts on my mobile phone, i.e. remote access my laptop....
  • #167
  • Nov 25, 2013 5:44pm Nov 25, 2013 5:44pm
hi,forexmoments,the asian time signal should we take?
  • #168
  • Nov 25, 2013 6:59pm Nov 25, 2013 6:59pm
I like the fact it's giving more signals now but still very hard to catch every one of them as they can come at any time.
An EA would be perfect for this system. I would gladly give a donation to the authors favorite charity if one would be built.
I have a few very good moneymaking EA's that i've bought so i can say that they can work well as long as the strategy is great.

Paris
  • #169
  • Nov 26, 2013 8:08am Nov 26, 2013 8:08am
just had a sell signal on this about 30 mins ago.

but it failed reaching stop loss.

it appears that sell signals dont normally profit with this system, only buy signals.
  • #170
  • Nov 26, 2013 8:19am Nov 26, 2013 8:19am
Quoting whatfx
just had a sell signal on this about 30 mins ago. but it failed reaching stop loss. it appears that sell signals dont normally profit with this system, only buy signals.
Thats not true whatfx... just take a look back in the history and you'll find plenty of examples of winning short trades. It just so happens that the last few were losers, but hey thats apart of the forex business right, we win some we lose some!
  • #171
  • Nov 26, 2013 8:19am Nov 26, 2013 8:19am
Ok guys, the latest sell signal we got was not supposed to appear within v2.1, according to the new trend following rules. I am not sure what happened. Looking into this now. I would advise non-use of 2.1 until I resolve the matter.
  • #172
  • Nov 26, 2013 4:19pm Nov 26, 2013 4:19pm
Quoting forexmoments
Ok guys, the latest sell signal we got was not supposed to appear within v2.1, according to the new trend following rules. I am not sure what happened. Looking into this now. I would advise non-use of 2.1 until I resolve the matter.

i was using the original version
  • #173
  • Nov 26, 2013 9:07pm Nov 26, 2013 9:07pm
hi guys....
how can I know, the broker Im using is on a +2GMT zone? how can I find out the timezone for a broker...?

can U guys.. pls tell me some good brokers in the +2 GMT? thanks... in advance!
  • #174
  • Nov 26, 2013 9:28pm Nov 26, 2013 9:28pm
Quoting vinforex7
how can I find out the timezone for a broker...?
Compare the platform time and GMT time.
MT4/MT5 EAs/Indicators/Alerts coder
  • #175
  • Nov 27, 2013 3:08am Nov 27, 2013 3:08am
its been pretty quiet so far this week... hopefully we see a few signals pop up today
  • #176
  • Nov 27, 2013 9:51am Nov 27, 2013 9:51am
Quoting whatfx
{quote} i was using the original version
Please don't use the original version any more. You're going to get less signals and a higher % of false ones.

I'm going to upload the new v2.2 in the next few mins, so please use that from now on.
  • #177
  • Nov 27, 2013 9:52am Nov 27, 2013 9:52am
Quoting vinforex7
hi guys.... how can I know, the broker Im using is on a +2GMT zone? how can I find out the timezone for a broker...? can U guys.. pls tell me some good brokers in the +2 GMT? thanks... in advance!
I'm not too keen on telling people which brokers to use. However, for demo purposes, it's probably easier to use FXDD, as they're already GMT+2.

As is FxPro. Any others people are aware of?

I think Alpari might be, need to double check.

Thanks.
  • #178
  • Nov 27, 2013 9:55am Nov 27, 2013 9:55am
Quoting crameka
its been pretty quiet so far this week... hopefully we see a few signals pop up today
Yeah, been pretty quiet, although there was a signal earlier today. It should have appeared on v2.1, but I realised an issue which didn't take into account the proper trend-following rules.

v2.2 is ready, just about to upload.
  • #179
  • Nov 27, 2013 10:41am Nov 27, 2013 10:41am
UPDATE: FX Laser Scalper v2.2 now released.

Please start using v2.2 and discard any previous versions with immediate effect.

Version 2.2 is downloadable from the opening post.
  • #180
  • Nov 27, 2013 10:53am Nov 27, 2013 10:53am
Quoting christine
hi,forexmoments,the asian time signal should we take?
Generally speaking, you can trade virtually any arrow now, as long as you're awake!
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