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Need4Speed Scalping

  • #121
  • Apr 28, 2015 1:15am Apr 28, 2015 1:15am
Quoting Magix
{quote} Having a look through the trades in your TE under list...overall, I'd say that they don't look terrible. Looking at the charts and positions, this seemingly is a damn decent way to trigger, but I would think that you may want to qualify the trades a little better. As a single source, it does find times when there is volume and movement, it's just typically more so on the wrong side of things, thus the equity curve. I've compared a few of the trades over a couple of the time frames as available, and even though I can only kind of get a handle...
Thanks Magix for your input , Glad to have you here.

I agree with what you said. I just wanted to start with "raw" entry/exit to test the idea in a native fashion.
If we skip the initial manual trades, I think its promising.
I am analyzing the performance and will see what best fits this EA. Oscillator you mentioned is one of the options for sure .

Regards,

Khalil
No guts, no glory
  • #122
  • Apr 28, 2015 1:21am Apr 28, 2015 1:21am
Quoting Ahmedtat
hello Khalil I trying your EA... you doning work well done ...bro i have one Idea why you not Creat EA for TRIANGULAR ARBITRAGE . simply calculate cross pair's value find opportunity and place order then take profit and close all trade... this is risk free straight ... I have forumla for this cross pairs calculation...Please think about TRIANGULAR ARBITRAGE bro you are a special person .you hace quality to built risk free EA... And FOR N4S you must add multiples order's...because first buy order is open in EURUSD at 1.08000 then N4S suggest to sell...
Hi Ahmed,

For new robot ideas, you are welcome to post in "Robot Lab Project" thread here on FF.
For hedging, I don't think its a good idea. As for opposite signals while in a trade , I am studying this and might add an option for exit and reverse if the opposite signal is stronger than the previous signal.

Remember So Far, I have used ONLY one Entry and one Exit option from the ones stated on the 1st post.

Safe Driving
No guts, no glory
  • #123
  • Apr 28, 2015 1:22am Apr 28, 2015 1:22am
Attached Image (click to enlarge)
Click to Enlarge Name: statement.jpg Size: 11 KB


Results for a 8h (6h before to 2h after Tokyo Open) N4S_03_auto trading with 27 pairs. Loss abot 5%.
  • #124
  • Apr 28, 2015 1:29am Apr 28, 2015 1:29am
Quoting Traffex
{image} Results for a 8h (6h before to 2h after Tokyo Open) N4S_03_auto trading with 27 pairs. Loss abot 5%.
Loss is expected using the conditions in post # 120.
I'd be surprised if it won .
No guts, no glory
  • #125
  • Apr 28, 2015 1:33am Apr 28, 2015 1:33am
Stage 1 Completed:

Does the idea make sense?

I think it does.

Does it need further enhancements to become a winner?

Of course it does.

No guts, no glory
  • #126
  • Apr 28, 2015 1:38am Apr 28, 2015 1:38am
Quoting abokwaik
{quote} Loss is expected using the conditions in post # 120. I'd be surprised if it won .

I'm not surprised too. I think it's not a bad result for over 200 trades, all pairs and only default settings.
  • #127
  • Apr 28, 2015 1:43am Apr 28, 2015 1:43am
Did any one have a chance to try Pending Stop Orders (3 rd option for entry)

3- Pending Orders

  1. ​​Buy Stop at High break of the bar with high number of Bullish and Bearish Impulses.
  2. ​​Sell Stop at Low break of the bar with high number of Bullish and Bearish Impulses.

I am keen to know if it makes sense, in order to incorporate or not in coming version.

No guts, no glory
  • #128
  • Apr 28, 2015 1:51am Apr 28, 2015 1:51am
Quoting abokwaik
Stage 1 Completed: Does the idea make sense? I think it does. Does it need further enhancements to become a winner? Of course it does.


Request:
It's possible to have a popup alarm? Because it's hard to switch thru 6 mt4 until I got the one with the alarm!

Recommendation(s):
Please let user decide between auto trade and signal only
Add user defined trading sessions (4 at least)

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #129
  • Apr 28, 2015 1:53am Apr 28, 2015 1:53am
Hi abokwaik,
Something occured to me which I thought I could share. It is slightly out of the box, and I haven't seen it on the thread yet.
It might be interesting to test robots in the contrarian mode, i. e. if the signal is to sell, it should buy etc.
I don't mean it as a joke (I really think you are doing an excellent job), I think this way of testing could be quite useful if you happen to have a spare demo account and a processor.

You have several possibilities which imo lead to following conclusions:
1. The original is better than the contrarian, and it wins while the contrarian loses => idea is good and sound.
2. The original is better than the contrarian, but still loses => Idea is good, but the spread is killing it. Probably some filtering needed.
3. The contrarian is better than the original, but still loses => Idea is wrong, but insufficiently wrong. The spread still kills it.
4. The contrarian wins while the original loses => The idea is incorrect, and one needs to readjust the original thinking. But apart from the hurt ego, you do have a winner.

Cheers,
k
  • #130
  • Apr 28, 2015 1:57am Apr 28, 2015 1:57am
Nice EA, just taken GU sell on 1 min and the price went all the way to 10 pips postive, my way to manage the trade is to closed 80% at 10 pip and breakeven,but my existing trade managment EA does not recognize the magic number, it only recognize 0 as a magic number, is it possibple for you to remove the comment and leave it blank, i guess coz of the the EA comment my trade manager cant close it at 10 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 35 KB
NEVER go against the Daily trend
  • #131
  • Apr 28, 2015 2:02am Apr 28, 2015 2:02am
Quoting kprsa
Hi abokwaik, Something occured to me which I thought I could share. It is slightly out of the box, and I haven't seen it on the thread yet. It might be interesting to test robots in the contrarian mode, i. e. if the signal is to sell, it should buy etc. I don't mean it as a joke (I really think you are doing an excellent job), I think this way of testing could be quite useful if you happen to have a spare demo account and a processor. You have several possibilities which imo lead to following conclusions: 1. The original is better than the contrarian,...
Nice to have you here k,

Contrarian attached.

Any Volunteers ?
Attached File(s)
File Type: ex4 N4S_03_Auto_Contra.ex4   24 KB | 821 downloads
No guts, no glory
  • #132
  • Apr 28, 2015 2:09am Apr 28, 2015 2:09am
O.K. I'll test it.
  • #133
  • Apr 28, 2015 2:10am Apr 28, 2015 2:10am
Quoting shaikjun
Nice EA, just taken GU sell on 1 min and the price went all the way to 10 pips postive, my way to manage the trade is to closed 80% at 10 pip and breakeven,but my existing trade managment EA does not recognize the magic number, it only recognize 0 as a magic number, is it possibple for you to remove the comment and leave it blank, i guess coz of the the EA comment my trade manager cant close it at 10 pips {image}
Post # 99
No guts, no glory
  • #134
  • Apr 28, 2015 2:15am Apr 28, 2015 2:15am
Quoting JibalaPasan
{quote} Request: It's possible to have a popup alarm? Because it's hard to switch thru 6 mt4 until I got the one with the alarm!
I thought it would be annoying so I made it sound only, but since it is needed I will make it as an option.

Quoting JibalaPasan
{quote} Recommendation(s): Please let user decide between auto trade and signal only
Coming

Quoting JibalaPasan
{quote} Recommendation(s): Add user defined trading sessions (4 at least) Jibala
I'll start with trading hours (one session). and later on add additional if really needed.

Thanks for the input Jibala
No guts, no glory
  • #135
  • Apr 28, 2015 2:17am Apr 28, 2015 2:17am
Quoting Traffex
O.K. I'll test it.
Thanks Traffex,

What you need to do Traffix is to run both N4S_03_Auto and N4S_03_Auto_Contra with same settings, same pairs on two separate account and report the results at end of day.

God Bless
No guts, no glory
  • #136
  • Apr 28, 2015 2:17am Apr 28, 2015 2:17am
Quoting abokwaik
{quote} Post # 99
NEVER go against the Daily trend
  • #137
  • Apr 28, 2015 2:33am Apr 28, 2015 2:33am
Hi all.
I was trying to do similar robot with speed as confirmation but based on ticks rather then time, and with that Strength indicator as main direction and what currency pair to trade. Although it is maybe to early for this project to think about that for implementation I believe that it would be good direction for this project to move on.

Green pips
  • #138
  • Apr 28, 2015 3:28am Apr 28, 2015 3:28am


Here are some modifications/enhancements for version 4:

  1. Auto/Manual Option
  2. Remove Buttons (if manual trading you can use MT4 standard commands)
  3. Popup Alert (enable/disable)
  4. User-Defined Trade Comment
  5. Trading Hours (broker time) for opening trades
  6. Entry Options:

    1. Least Risky
    2. Aggressive

  7. Close/Reverse on Opposite Signal (true/false)
  8. Filters:

    1. Candle Direction (trade only in enabled directions) - Enable Disable

      1. Current Time Frame 1
      2. Current Time Frame 2
      3. Previous Time Frame 1
      4. Previous Time Frame 2

    2. Indicators

      1. Moving Average (Buy only above, Sell only below) - Enable/Disable

        1. Time Frame
        2. Period
        3. Method

  9. Trade Management

    1. Break Even Stop
    2. Trailing Stop

  10. Position Sizing:

    1. Risk Percentage per trade (SL based)

....

No guts, no glory
  • #139
  • Apr 28, 2015 3:34am Apr 28, 2015 3:34am
Nice Catch
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 26 KB
NEVER go against the Daily trend
  • #140
  • Apr 28, 2015 4:16am Apr 28, 2015 4:16am
Quoting shaikjun
Nice Catch {image}
Good Trades shaikjun

Do you Auto or Manual scalp ?
No guts, no glory
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