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Open Scalping Strategy

  • #541
  • Jan 5, 2015 4:02am Jan 5, 2015 4:02am
@Math Trader : Are you working on version 6?
  • #542
  • Jan 5, 2015 5:04am Jan 5, 2015 5:04am
Quoting anuj20jain
@Math Trader : Are you working on version 6?
I'm busy with some other projects right now. I may back to work on V6 later...
Trading is the hardest way to make easy money...
  • #543
  • Jan 6, 2015 12:43am Jan 6, 2015 12:43am
waiting for gbpusd

http://s14.postimg.org/sw4tz81kx/sw_os.png
Profit is on the other side of your mind
  • #544
  • Jan 6, 2015 6:15am Jan 6, 2015 6:15am
hit on GBPUSD +10Pips

http://s10.postimg.org/c95hjhvtl/image.png
Profit is on the other side of your mind
  • #545
  • Jan 8, 2015 7:14am Jan 8, 2015 7:14am
Anybody having currency wise best inputs?
  • #546
  • Jan 17, 2015 4:55am Jan 17, 2015 4:55am
@ Mathtrader : Any update on version 6 of the EA
  • #547
  • Jan 17, 2015 5:01am Jan 17, 2015 5:01am
Quoting anuj20jain
@ Mathtrader : Any update on version 6 of the EA
Unfortunately, it is not trivial to program a trading method which is subjective to the human being feelings/judgements... However, I'm working on a Fuzzy Logic implementation that may be able to mimic the retracement judgement in this strategy...
Trading is the hardest way to make easy money...
  • #548
  • Jan 20, 2015 2:43am Jan 20, 2015 2:43am
Quoting MathTrader7
{quote} Unfortunately, it is not trivial to program a trading method which is subjective to the human being feelings/judgements... However, I'm working on a Fuzzy Logic implementation that may be able to mimic the retracement judgement in this strategy...
Very impressive MT7 ... yeah, logic was always a bit fuzzy to me aswell (LOL!) - what is fuzzy logic?
  • #549
  • Edited 4:53am Jan 20, 2015 3:32am | Edited 4:53am
Quoting griffinssoul
{quote} what is fuzzy logic?
With Fuzzy Logic we can assign a real number between 0 and 1 to the truth of a statement. This gives us a powerful tool in programming statements such as "if the CCI value is high and the RSI value is moderate and the distance of close price to MA is low, then open a short position". From programming point of view, words such as high, moderate and low have no meaning, unless we define thresholds to compare the values. But thresholds are not able to capture human being judgements. For example, what if the value of the CCI is just 0.000001 lower than the threshold? Is that mean that the conditions are not met yet? Well, from logic point of view, they still not met, although a human would take an action in this situation. We, as human being, do not act mechanically for our judgements. Our logic is fuzzy, if we feel that some value is high enough, then we consider it high. Fuzzy Logic theory has been developed to try to mimic this behavior of the human being. You can find out more about Fuzzy Logic here.
Trading is the hardest way to make easy money...
  • #550
  • Jan 20, 2015 3:40am Jan 20, 2015 3:40am
Quoting MathTrader7
{quote} With Fuzzy Logic we can assign a real number between 0 and 1 to the truth of a statement. This gives us a powerful tool in programming statements such as "if the CCI value is high and the RSI value is moderate and the distance of close price to MA is low, then open a short position". From programming point of view, words such as high, moderate and low have no meaning, unless we define thresholds to compare the values. But thresholds are not able to capture human being judgements. For example, what if the value of the CCI value is just 1e-6...
Wow that is really interesting MT7 - so if computers work from 0 & 1s can you make a fuzzy logic computer (not just a program?). Thanks for the link i will read about this cause it sounds amazing. So the idea is to try and build an EA to mimic a human trader but still have the no emotional responses of a machine (i think i saw a movie about this... LOL!). Many thanks MT7!
  • #551
  • Edited 4:50am Jan 20, 2015 4:08am | Edited 4:50am
Quoting griffinssoul
{quote} Wow that is really interesting MT7 - so if computers work from 0 & 1s can you make a fuzzy logic computer (not just a program?).
In order to create a computer to use just one more level than two levels (0 and 1), there is an essential problem that is not trivial to be solved by electic signals we use, for example, L voltage to indicate digit 0, and H voltage (H>L) to indicate digit 1. If we want to use any other voltage level (between L and H, lower than L or higher than H, it doesn't matter) to indicate another digit, the voltage signal has to pass one level to reach another which makes confusion. For example, if we choose 0 volt for digit 0, +2.5 volt for digit 1 and +5 volt for digit 2, in order to have a three digits representaiton instead of binary representation, then when the voltage level is in 0 volt and it wants to take the value 2 (+5 volts), it has to pass the voltage 2.5 volts, which means our computer receives the digit 1 before it receives digit 2 for some computation....
Trading is the hardest way to make easy money...
  • #552
  • Jan 20, 2015 5:04am Jan 20, 2015 5:04am
Quoting MathTrader7
{quote} In order to create a computer to use just one more level than two levels (0 and 1), there is an essential problem that is not trivial to be solved by electic signals we use, for example, L voltage to indicate digit 0, and H voltage (H>L) to indicate digit 1. If we want to use any other voltage level (between L and H, lower than L or higher than H, it doesn't matter) to indicate another digit, the voltage signal has to pass one level to reach another which makes confusion. For example, if we choose 0 volt for digit 0, +2.5 volt for digit...
I see, that sounds understandable [you can only have an on & off switch... lol... no dimmer] but way over my head with all the technicals - thank you so much for sharing, you really know a lot about this so i hope you can come up with an EA
  • #553
  • Jan 25, 2015 12:41am Jan 25, 2015 12:41am
hi swilliam and friends,

hows everybody here? still trading this system for scalps. What is the latest devt?
Reaction is better than Prediction
  • #554
  • Jan 25, 2015 2:35am Jan 25, 2015 2:35am
Quoting mikajap
hi swilliam and friends, hows everybody here? still trading this system for scalps. What is the latest devt?
Hi mikajap, as you know with this system there are long periods of no trading and if you then impose further restriction, like trading LO etc, this results in even less trades so i just have this as an extra method. So, if MT7 produces the EA you can just switch it on when required.
  • #555
  • Jan 27, 2015 10:48pm Jan 27, 2015 10:48pm
@ mathtrader : any update on EA?
  • #556
  • Feb 14, 2015 1:06am Feb 14, 2015 1:06am
@ Mathtrader : Any update on the EA?
  • #557
  • Feb 17, 2015 9:02am Feb 17, 2015 9:02am
Quoting anuj20jain
@ Mathtrader : Any update on the EA?
mt7 looks busy right now. lets wait his update
Profit is on the other side of your mind
  • #558
  • Feb 22, 2015 6:12pm Feb 22, 2015 6:12pm
looking for some breakouts later
Goodluck
Profit is on the other side of your mind
  • #559
  • Jul 24, 2015 6:08am Jul 24, 2015 6:08am
Quoting griffinssoul
{quote} .
Hey Griffinsoul, I've got your open scalping strategy.mq4 onboard. I've been right back in this thread until you joined it without being able to find what I'm looking for (unless I missed it somehow) But that is the meaning of the letters DNA, MWGG, WMGG, etc etc. Currently I'm watching USDCAD 4hr with a trade signal on the indicator and the letters MWGG. I haven't taken it as it was above the trigger price when I noticed it. It would have been a good trade long but,,,,I missed it. Actually I'm also watching what appears to be good divergence which means she's about ready to short but that's another method.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCADH4.png Size: 37 KB
"You know what needs to be addressed , completely completely reverse that".
  • #560
  • Sep 22, 2015 11:44am Sep 22, 2015 11:44am
anyone still using? 7pip SL and TP still looks good
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