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Need4Speed Scalping

  • #341
  • May 5, 2015 10:32am May 5, 2015 10:32am
Quoting Hermez
Hello everyone! AbokWaik, could put some pictures for Traders Manual? What indicators uses beyond N4S? This would serve as examples for traders beginners like me. thank you

Here is a quick example using only Round Number as Resistance. Although Bears were not very strong at this area, but the trade has high probability.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5.png Size: 49 KB


More to come later on.
No guts, no glory
  • #342
  • May 5, 2015 1:11pm May 5, 2015 1:11pm
Hi Abokvaik,

If i would use a robot like nfs, i would only use it at places marked in yellow, above or below Bollinger band deviaton 1 (red line), (BB deviaton 2 is black)). And only in the direction of the bands.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 43 KB


Dragan
fxkeys
  • #343
  • May 5, 2015 1:48pm May 5, 2015 1:48pm
Quoting dragan9
Hi Abokvaik, If i would use a robot like nfs, i would only use it at places marked in yellow, above or below Bollinger band deviaton 1 (red line), (BB deviaton 2 is black)). And only in the direction of the bands. {image} Dragan
yes it will be .v.good around h/l bb. But I won't care much about the direction if enough impulses are present. Even at middle band as Support/Resistance. It was on my mind to show an example on BB when a whole candle prints outside the bands then watch for counter trend impulses for an expected reversal targeting middle band. Thanks for sharing your thoughts Dragan
No guts, no glory
  • #344
  • May 5, 2015 2:12pm May 5, 2015 2:12pm
Hi all

I have red back all history and I will give my feedback after testing this strategy on demo.

Thank you for sharing this EA : )

Cheers
  • #345
  • May 5, 2015 2:18pm May 5, 2015 2:18pm
Quoting abokwaik
{quote} yes it will be .v.good around h/l bb. But I won't care much about the direction if enough impulses are present. Even at middle band as Support/Resistance. It was on my mind to show an example on BB when a whole candle prints outside the bands then watch for counter trend impulses for an expected reversal targeting middle band. Thanks for sharing your thoughts Dragan
I don't understand why would you look for counter trend. Point is to make it easier, not harder. Also the middle band (20SMA is too tricky).

I would do it like this:
1. price on D1 must be below or above BB1 outer band
2. price on H1 must be below or above BB1 outer band
3. outer band must be pointing up for buy, or down for sell
4. robot starts looking for trades ONLY in the direction of the trend
If the price is below or above BB1 outer band, then it is trending.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYDaily.png Size: 49 KB
fxkeys
  • #346
  • May 6, 2015 7:01am May 6, 2015 7:01am
Shukran Khalil for your work,

I want to share how I have been using your indicator this week.

The picture is pretty self explanatory.

Just scalping 3-10 pips but hey...still better than nothing, especially if there is almost no drawdown.

Attached Image (click to enlarge)
Click to Enlarge Name: PipForSpeed - 2.png Size: 512 KB
Faber est suae quisque fortunae
  • #347
  • May 6, 2015 7:26am May 6, 2015 7:26am
Hello, I am unable to install it on my MT4. just put the indicator in indicators folder? if I am not able to put it in my template.
  • #348
  • May 6, 2015 7:50am May 6, 2015 7:50am
Quoting Hermez
Hello, I am unable to install it on my MT4. just put the indicator in indicators folder? if I am not able to put it in my template.
Hi Hermez,

There are two versions working as indicators
1. n4s_indy_01.ex4 : Is a Real Indicator, you copy it to the Indicators Folder.

2. n4s_ind_01.ex4 : Is an Expert acting as an indicator, you copy it to the Experts Folder.

You only need one of these. And its better to use the real indicator. n4s_indy_01.ex4
No guts, no glory
  • #349
  • May 6, 2015 7:53am May 6, 2015 7:53am
Quoting Protex
Shukran Khalil for your work, I want to share how I have been using your indicator this week. The picture is pretty self explanatory. Just scalping 3-10 pips but hey...still better than nothing, especially if there is almost no drawdown. {image}
Hi Protex, Good for you .
No guts, no glory
  • #350
  • May 6, 2015 7:57am May 6, 2015 7:57am
I have to say that I might have made a super car but i couldn't drive it.

I am sure that many of you can drive it better than me.

Or may be we should put Sting in it (for TopGear fans).

Well, I am still discovering the ways the indicator/expert can be used.

The original idea came to fill the gap for retailers who don't have access to Real Volume.
So the target was to provide some indication on real volume instead of MT4 tick volume.
No guts, no glory
  • #351
  • Edited 8:49am May 6, 2015 8:05am | Edited 8:49am
Right and what would be the N4S_05.ex4?
I put it on the indicators folder but not pressed the template.
  • #352
  • Edited 8:39am May 6, 2015 8:08am | Edited 8:39am
Quoting abokwaik
{quote} Hi Protex, Good for you .
Hi Khalil,
thanks for your effort, just suggestion I like Protex idea how to use it so maybe as a first step can we or better you change the logic of your EA to the mentioned by Protex to see how performing? If ok we can integrate more suggested features by other users. just my two cents
  • #353
  • May 6, 2015 8:14am May 6, 2015 8:14am
Hello everyone,


I received a PM today from a good guy, saying:

Hi it may be possible to bring these 2 projects together

http://www.forexfactory.com/showthread.php?t=536931

http://www.forexfactory.com/showthread.php?t=538347


First of all, I think MathTrader7 is doing a very good job .


Let me also share with you a PM I received from MathTrader on Apr 29, 2015 6:54pm with title "EA to Post ?"

Hi abokwaik,

I have written an EA based on your idea, and I would like to share it with other traders. Do you let me to post it in your thread? If not, I understand you, and there will be no offense :-)

Best,
Math

I replied to him on Apr 29, 2015 10:03pm my reply :

Hi Math, Your most welcome. Thanks. Khalil


Now I knew that he made a new thread about similar idea ... That's OK although he didn't mention or referred anything to me or about this thread.

However, My Answer to the First PM and to you all guys,


My Answer to the Message is YES, Why Not, I am ready to share all related information.
I will be very pleased if these 2 projects are brought together under MathTrader name as he might have more free time than me.

Thank you all,

Khalil
No guts, no glory
  • #354
  • May 6, 2015 9:01am May 6, 2015 9:01am
Quoting abokwaik
Hello everyone, I received a PM today from a good guy, saying: Hi it may be possible to bring these 2 projects together http://www.forexfactory.com/showthread.php?t=536931 http://www.forexfactory.com/showthread.php?t=538347 First of all, I think MathTrader7 is doing a very good job . Let me also share with you a PM I received from MathTrader on Apr 29, 2015 6:54pm with title "EA to Post ?" Hi abokwaik, I have written an EA based on your idea, and I would like to share it with other traders. Do you let me to post it...
Hi Khalil! You are doing a great job man!
The reason I didn't post my EA to your thread was just that I thought, after your confirmation PM, that it may be better not to mess your thread up here with my posts. Another reason that I opened a separate thread was because this thread is about a trading system, while I decided to first share my indicator under the Platform Tech forum to receive traders opinion about and further development.
Nevertheless, we both are following more or less the same idea for scalping the market. At the moment I'm doing some scalping experiment with my EA, with and without server side stop loss and take profit. I'm closely following your great work mate!
Best,
Math
Trading is the hardest way to make easy money...
  • #355
  • May 6, 2015 9:05am May 6, 2015 9:05am
Quoting abokwaik
{quote} Hi Hermez, There are two versions working as indicators 1. n4s_indy_01.ex4 : Is a Real Indicator, you copy it to the Indicators Folder. 2. n4s_ind_01.ex4 : Is an Expert acting as an indicator, you copy it to the Experts Folder. You only need one of these. And its better to use the real indicator. n4s_indy_01.ex4
Right and what would be the N4S_05.ex4?
I put it on the indicators folder but not pressed the template.
  • #356
  • May 6, 2015 9:07am May 6, 2015 9:07am
Quoting Hermez
{quote} Right and what would be the N4S_05.ex4? I put it on the indicators folder but not pressed the template.
N4S_05.ex4 is an EA, it goes under Experts Folder.
No guts, no glory
  • #357
  • May 6, 2015 9:16am May 6, 2015 9:16am
Quoting abokwaik
{quote} N4S_05.ex4 is an EA, it goes under Experts Folder.
OK thank you!
Please be possible to place the option to choose the x and y axis? do I use other indicators and it is getting on top of the other.
  • #358
  • May 6, 2015 9:37am May 6, 2015 9:37am
Quoting Hermez
{quote} OK thank you! Please be possible to place the option to choose the x and y axis? do I use other indicators and it is getting on top of the other.
You can set the Display Corner.

No Further Development on this atm.
No guts, no glory
  • #359
  • May 6, 2015 10:31am May 6, 2015 10:31am
Quoting abokwaik
{quote} You can set the Display Corner. No Further Development on this atm.
OK thank you!
I will test it for 1 month if you give good resusltados there'm going to a real account.
  • #360
  • May 6, 2015 10:47am May 6, 2015 10:47am
Two sharp brains together will make a killing:nerd:...So, Math and abokwaik join forces...
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