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Attachments: FX Laser Scalper System
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FX Laser Scalper System

  • #221
  • Nov 30, 2013 4:17am Nov 30, 2013 4:17am
Next trades
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Love for all; Hatred for none.
  • #222
  • Nov 30, 2013 5:29am Nov 30, 2013 5:29am
Yes, but the problem is that it is a "black box". If Forexmoments wants, they could not receive the signals, because the indicator does not calculate anything, just now, calls to an external site owned by Forexmoments
  • #223
  • Nov 30, 2013 6:53am Nov 30, 2013 6:53am
I wish you great success with your system!
  • #224
  • Nov 30, 2013 11:56pm Nov 30, 2013 11:56pm
Quoting forexmoments
{quote} 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.

Thanks Ferrufx and Forexmoments for your reply...! Will check it with the names mentioned... thank you!
  • #225
  • Dec 1, 2013 5:19am Dec 1, 2013 5:19am
The signals so far seem to be very good
fixed sl/tp=10 is very profitable because of the high winning rate
I tried to backtest the indi with an EA, but gave up because one day of data takes about 30-40 minutes to process
My suggestion is that an EA is setup as a signal at mql5.com so anyone interested can subscribe
That also would solve any performance issues on client and server side
The server might be the bottleneck the more are using the indicator
  • #226
  • Dec 1, 2013 6:42am Dec 1, 2013 6:42am
Quoting forexmoments
Remember, my indicator only shows entries, but in actual fact - the most strenuous of tasks in FX is mastering the exit. Entry only consists of one part, where as the exit consists of at least two parts; namely the stop loss and the take profit. A master of exits can make a bad entry become good. A master of entries can barely take advantage of a good entry unless he learns how to exit. I do not consider myself an expert of exiting by any stretch of the imagination, but I will share some of my "knowledge" here, specifically concerning support/resistance...
Hi Forex Moments...
Thanks for the indi.... Im yet to test it in my pc, as I have some issues with downloading the FXDD demo platform...! Internet issues... may be I can sort out on monday...!

We r infact eagerly waiting for your inputs on the exit strategies... U were mentioning. Ur wisdom on S & R and Price action...! Thanks in advance...!

Vin
  • #227
  • Dec 1, 2013 7:26am Dec 1, 2013 7:26am
Quoting vinforex7
{quote} Hi Forex Moments... Thanks for the indi.... Im yet to test it in my pc, as I have some issues with downloading the FXDD demo platform...! Internet issues... may be I can sort out on monday...! We r infact eagerly waiting for your inputs on the exit strategies... U were mentioning. Ur wisdom on S & R and Price action...! Thanks in advance...! Vin
God stuff mate. As for exiting my advice is to learn PA, as it applies to all charts and all timeframes. There are many traders here on this forum better than me when it comes to exits. Check out the James16 thread - there is a wealth of information there, virtually infinitely more than I could ever teach.
  • #228
  • Dec 1, 2013 7:27am Dec 1, 2013 7:27am
Quoting iwjw
The signals so far seem to be very good fixed sl/tp=10 is very profitable because of the high winning rate I tried to backtest the indi with an EA, but gave up because one day of data takes about 30-40 minutes to process My suggestion is that an EA is setup as a signal at mql5.com so anyone interested can subscribe That also would solve any performance issues on client and server side The server might be the bottleneck the more are using the indicator
Interesting, but I believe things should be cool though, no worries.
  • #229
  • Dec 1, 2013 7:29am Dec 1, 2013 7:29am
Quoting TravoltaImp
I wish you great success with your system!
Sure, appreciate it.
  • #230
  • Dec 1, 2013 7:32am Dec 1, 2013 7:32am
Quoting christine
{quote} Your idea is excellent!Have an EA when a signal appears,take the trade,SL=BE=10pips,it's wonderful! forexmoments,could you make such an EA?
Difficult really, due to MT4's limitations.
  • #231
  • Dec 1, 2013 7:33am Dec 1, 2013 7:33am
Quoting aahmad29
{quote} First of all, i wanted to congratulate the forexmoments for amazing indicator. I did my analysis for last 16 signals. I will continue this analysis with different settings. Settings: TP=10 Pips SL=10 Pips Total Trades = 16, Win = 15, Lost = 1 {image} {image} {image} {image} {image} {image}
No probs.

I like your analysis. Very decent stuff mate.
  • #232
  • Dec 2, 2013 1:08am Dec 2, 2013 1:08am
What's this ?

Quote
2013.12.02 12:33:39 fx_laser_scalper_v2.2 USDJPY,M1: bad page
MT4/MT5 EAs/Indicators/Alerts coder
  • #233
  • Dec 2, 2013 3:28am Dec 2, 2013 3:28am
Quoting forexmoments
{quote} No probs. I like your analysis. Very decent stuff mate.
Hi foremoments

is there any specific reason to choose only Usd/Jpy pair?
Love for all; Hatred for none.
  • #234
  • Dec 2, 2013 7:09am Dec 2, 2013 7:09am
Quoting FerruFx
What's this ? {quote}
Not quite sure. Ignore any minor bugs. Main thing is that trades are only taken when an arrow appears.
  • #235
  • Dec 2, 2013 7:11am Dec 2, 2013 7:11am
Quoting aahmad29
{quote} Hi foremoments is there any specific reason to choose only Usd/Jpy pair?

Well, this is the pair that suits my style of technical analysis the most. I have a pretty unique style, and whilst others pairs do have some merit with my style, it's the USDJPY that coincides the closest, by quite a distance.
  • #236
  • Dec 2, 2013 7:18am Dec 2, 2013 7:18am
Quoting forexmoments
{quote} Not quite sure. Ignore any minor bugs. Main thing is that trades are only taken when an arrow appears.
Anyway even with the platform set to load only 500 candles, the indicator is freezing the platform most of the time. Something is wrong somewhere.

FYI, I am not running MT4 on an old pc ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #237
  • Dec 2, 2013 7:26am Dec 2, 2013 7:26am
Quoting FerruFx
{quote} the indicator is freezing the platform most of the time. Something is wrong somewhere.
I agree,
  • #238
  • Dec 2, 2013 8:51am Dec 2, 2013 8:51am
Signal just appeared, moved a few pips into profit and has now reversed... Also be aware USD manufacturing PMI coming out in 10 mins!!
  • #239
  • Dec 2, 2013 9:05am Dec 2, 2013 9:05am
Hey,

I did everything you said, I am even using FXDD as you recommended I only set it up last night so I just got my first signal but I received it 20 minutes late. Any idea why?

I received the signal when my chart was where I put the red line.

I have a very high end computer and the chart is not lagging, I am not having any other issues about from the delayed signal.
Attached Image
  • #240
  • Dec 2, 2013 12:21pm Dec 2, 2013 12:21pm
As mentioned guys, the indicator is heavy, so it's important to restart your platform twice a day. Once before you sleep, and once when you wake up.

However, I am looking to optimise this later on.
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