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scalping system - m1 is possible

  • #21
  • Feb 25, 2015 9:02am Feb 25, 2015 9:02am
Well...

London got a little trippy on Cable, and the hardstop kicked in for a bit of a set back...but then all came back to profit and added a little more to the heap.

Martingaled with a stoploss and a simple M1 trigger on trend...

Attached Image (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #22
  • Feb 25, 2015 9:27am Feb 25, 2015 9:27am
Now a full 24 hours in trade...I like where this is going...
Attached Image(s) (click to enlarge)
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #23
  • Feb 25, 2015 10:55am Feb 25, 2015 10:55am
Quoting Magix
Now a full 24 hours in trade...I like where this is going... {image} {image}

Lookin nice.. Keep it up.
  • #24
  • Feb 25, 2015 11:02am Feb 25, 2015 11:02am
Play along version for the home viewer?

Sure...why the fuck not??

Broker - Armada - DEMO
Login : 2088920305
Investor : wftd7jv

FX Blue Trade Copier ->HERE

Play along at your own risk, or just check it out for trade guidance and a market view.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #25
  • Feb 25, 2015 12:13pm Feb 25, 2015 12:13pm
Quoting Magix
Well... London got a little trippy on Cable, and the hardstop kicked in for a bit of a set back...but then all came back to profit and added a little more to the heap. Martingaled with a stoploss and a simple M1 trigger on trend... {image}
Nice recovery. Will definitely keep an eye on this.
I like the idea of having a hard stop, working without SL is not my favorite.
  • #26
  • Feb 25, 2015 12:34pm Feb 25, 2015 12:34pm
Quoting Justin
{quote} Nice recovery. Will definitely keep an eye on this. I like the idea of having a hard stop, working without SL is not my favorite.
I currently like the Entry and it's base as well as having the price channel allow for a lot longer range, this does have some potential.

Personally, I'm not a huge fan of stop losses...but in the case of working with Martingales, they do have a place.

The current logic is set to force profit before close, so it isn't necessarily a "Dynamic" range of play, but more of a Dynamic Profit that is being utilized. I like this, because it does prevent the EA from shitting the sheets and exiting prior to profit.

Commissions and swaps have also been taken into account, so even the most minimal profit, will not should not result in a net loss for all trades...

On the other side of things, having a secondary exit trigger to allow for a shorter loss might keep us from only using the hard stop in extreme situations...I think I can drop in a wussy out close on trend change, and serve this exact purpose...

Still a lot to be considered, given the relatively new to market Auto system...but it definitely is in keeping with the spirit of the thread, "M1 is possible".
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #27
  • Feb 25, 2015 12:54pm Feb 25, 2015 12:54pm
Another example of where the wussy out close would have actually been a little better for not only prosperity but also for risk management...

EURJPY just closed a fist full with a small profit, but there was a better exit after the trend had changed...

Attached Image (click to enlarge)
Click to Enlarge Name: woc.png Size: 73 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #28
  • Feb 25, 2015 7:29pm Feb 25, 2015 7:29pm
Wussy Close added - New Account.

Will run it along side of the original, just to, ya know...see how shit goes...

Broker - Armada - DEMO
User : 2088920879
Investor : 2cpyipe

MYFXBOOK Link - HERE.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #29
  • Feb 25, 2015 8:32pm Feb 25, 2015 8:32pm
Quoting Magix
Wussy Close added - New Account. Will run it along side of the original, just to, ya know...see how shit goes... Broker - Armada - DEMO User : 2088920879 Investor : 2cpyipe MYFXBOOK Link - HERE.

magix - Very interested in what you are doing with this, also I want to thank the presenter - Reizamy we appreciate your time to post your trading sys.

Magix, Thanks for putting all the info up for us to follow. I am following !!

[attach]1619520[/attach
I tried the stochastic and I find the TDI with a fancy MACD to be a good filter or feel good factor- and works much better for me. see attached

I have been back testing and I see good things
Attached File(s)
File Type: mq4 QQE Pcm smoothed new histo alerts.mq4   10 KB | 674 downloads
Live today like theres no tomorrow-- Prioritize like you will die today
  • #30
  • Feb 25, 2015 8:40pm Feb 25, 2015 8:40pm
Quoting iamsovereign
{quote} magix - Very interested in what you are doing with this, also I want to thank the presenter - Reizamy we appreciate your time to post your trading sys. Magix, Thanks for putting all the info up for us to follow. I am following !! [attach]1619520[/attach I tried the stochastic and I find the TDI with a fancy MACD to be a good filter or feel good factor- and works much better for me. see attached I have been back testing and I see good things {file}

I am not new to the TDI...in fact, had a pretty good run with a very simple system based on that alone...HERE​, you're a member, have a boo and check it out.

That being said, it was without a lot of the same tools I now have the ability to add to the code.

Only issue is, with any idea or any improvement/modification, I can only truly get a handle on your thoughts through a little more by way of visual presentation.

Feel free to drop down a chart and help a brother understand where you are coming from.

It's still a pretty fresh year for me, haven't done a lot until I came across this thread.

Additionally...if you want to see our account doublers and fancy toys, make sure ya get your name down for the testing lab...

Check yer inbox.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #31
  • Feb 25, 2015 8:56pm Feb 25, 2015 8:56pm
I know a person who had a EA based on strategy like this, hi had the EA working on demo account for now, its making a huge profit, but still in demo.... BROKER OCTA FX. Regards
  • #32
  • Feb 25, 2015 11:14pm Feb 25, 2015 11:14pm
Interesting Thred....MMMMMMMMMMMMMM
  • #33
  • Feb 26, 2015 1:14am Feb 26, 2015 1:14am
Hi Magix ,
Thank you very much for your time and efforts, Its a nice system, I definitely will be a follower.
btw, can you please explain how to put 5 min stochastic in to 1 min chart.? appreciate your time. Thanks
Cheers, MrRijk.
Human beings are members of a whole, In creation of one essence and sol.
  • #34
  • Feb 26, 2015 5:45am Feb 26, 2015 5:45am
Quoting MrRijk
Hi Magix , Thank you very much for your time and efforts, Its a nice system, I definitely will be a follower. btw, can you please explain how to put 5 min stochastic in to 1 min chart.? appreciate your time. Thanks Cheers, MrRijk.
There is an MTF stoch indicator on page 1 - HERE.

For my testing, I am using somewhat of a dirty version in just using a stochs 70 on M1, instead of actually using the M5 stochs...

It's not as true - 14xM5=70, might be better to actually go with the M5 for delay purposes, at least on a primary trigger...

For the EA, it's pretty simple. Just set the variable and let it run...

Would be:
smc5=iStochastic(NULL,PERIOD_M5,k,d,slowing1,MODE_SMA,1,MODE_MAIN,0);
instead of
smc5=iStochastic(NULL,0,k,d,slowing1,MODE_SMA,1,MODE_MAIN,1);
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #35
  • Feb 26, 2015 5:53am Feb 26, 2015 5:53am
I kinda messed up the coding on the wussy exit...

Not bad in that it did actually stop losses from getting large, but bad in the fact that improperly written, it may have caused losses that would have otherwise generated profit...

Ooooooooooooooooops!!

Well, I got that fixed...

Both accounts are seemingly in the shitter this morning...typically the site of what happens when the there is a large movement and a big retrace...Trend EAs especially as sensitive on the M1 charts can easily have their asses handed to them.

Positives - The accounts never blew up...
Negatives - True testing will have to begin on Market Open, so, will be restarting both accounts for the new week.

In addition to this, it would seem that the Martingale is a bit of a pig in sinking profits in these narrow ranges on a Stop Loss...so, options would be.
1. Single trade only - variable stop loss and take profit...
2. Single trade only - dynamic stop loss and take profit...
3. Cost average on increment - subsequent trades to read - 1, 2, 3, 4, 5 instead of 1, 2, 4, 8, 16, 32, 64.
4. Cost average with same lot size - each trade to be exactly the same as the first. This would see a $60 stop loss not get hit for a really long time, in which it really could be a user manual exit and only in place for mass spikes...or, could narrow down the range of loss on the wussy trigger.
5. Move the cap on stop loss to $100...see if that helps. Some will definitely last longer, some will still inevitably hit this mark.
6. Increase the minimum step for the Trigger on Grid to a higher number....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #36
  • Feb 26, 2015 5:56am Feb 26, 2015 5:56am
Quoting iamsovereign
{quote} magix - Very interested in what you are doing with this, also I want to thank the presenter - Reizamy we appreciate your time to post your trading sys. Magix, Thanks for putting all the info up for us to follow. I am following !! [attach]1619520[/attach I tried the stochastic and I find the TDI with a fancy MACD to be a good filter or feel good factor- and works much better for me. see attached I have been back testing and I see good things {file}
Wow, the ole QQE, haven't seen that since I started with Russ Horner's Forex Rebellion system back in 09.
Audentes Fortuna Juvat
  • #37
  • Feb 26, 2015 8:29am Feb 26, 2015 8:29am
Alright...

So, a little more rocky roads for the Wussy Close version...but I think once all previous entries are cleared, a faster trend recognition and a quicker exit should balance the load...

Whipsaw days are going to produce a little by way of loss...but hey, if you are looking for perfection, quit forex and look at quilting...there's less of a learning curve.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #38
  • Feb 26, 2015 9:01am Feb 26, 2015 9:01am
Quoting EasyRyder
Attached is a clean compile under MT4 Build 765. The variable "char" is a reserved variable under MT4 Build 600+. I simply changed the name to "Char" and recompiled. {quote} {file} {file}
If I read this correctly, you capitalized char and it compiled?
You cannot be extraordinary by being normal
  • #39
  • Feb 26, 2015 9:04am Feb 26, 2015 9:04am
Hi Magix;

Thanks a lot , for helping me out God bless you. cheers.
Human beings are members of a whole, In creation of one essence and sol.
  • #40
  • Feb 26, 2015 2:14pm Feb 26, 2015 2:14pm
Shaping up a little nicer on the Wussy Out Version...

Gone with incremental adds and the wussy close on trend...though I am not 100% sure that I couldn't create a little better wussy out close, I will see how this one plays out.

So far, since the shit trades closed, only one negative trade on the afternoon on the Dragon...I can live with that.
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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