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Need4Speed Scalping

  • #621
  • Edited 9:55am Jun 25, 2015 9:40am | Edited 9:55am
good morning, I've been testing the NS TURBO for a few days, make good entries, I believe that one way to improve a little robot and minimize losses would add some options:
-Only Add new trades in profit.
-Option to put BE, and BE profit
Thanks for your great work !!
  • #622
  • Jun 25, 2015 9:57pm Jun 25, 2015 9:57pm
good day!! im scalper here. i have been following your thread here. based on malaysia time, do i need to change the starting hours in the setting for n4s_05?
  • #623
  • Jun 26, 2015 4:56am Jun 26, 2015 4:56am
Hello Abokwaik,
Maybe you could add some filters like oscilators to avoid false signals.
what do you think?
Stephane
  • #624
  • Jun 26, 2015 6:35am Jun 26, 2015 6:35am
Quoting mzzkawi
good day!! im scalper here. i have been following your thread here. based on malaysia time, do i need to change the starting hours in the setting for n4s_05?
It uses the broker time not local time, so you can change as appropriate based on your broker time.
No guts, no glory
  • #625
  • Jun 26, 2015 6:43am Jun 26, 2015 6:43am
Quoting Clipi
good morning, I've been testing the NS TURBO for a few days, make good entries, I believe that one way to improve a little robot and minimize losses would add some options: -Only Add new trades in profit. -Option to put BE, and BE profit Thanks for your great work !!
Quoting sbenichou1
Hello Abokwaik, Maybe you could add some filters like oscilators to avoid false signals. what do you think? Stephane
I am working on the new version, and will try to incorporate some of the ideas posted in the thread.
No guts, no glory
  • #626
  • Jun 26, 2015 7:31am Jun 26, 2015 7:31am
ok fine
great job
S
  • #627
  • Jun 26, 2015 9:17am Jun 26, 2015 9:17am
Hi Abokwaik,

I ran version 05 for the last two days using stop loss 100 points and tp 100 points with trailing stop starting at 35 points for multiple pairs. The results are not that good. Are you using 200 points stop loss with tp 600 points? Is this still considered scalping? Is the signal at M15 sufficiently strong to give a 600 point tp? Thanks and waiting for your advice.
  • #628
  • Edited 1:29pm Jun 26, 2015 1:15pm | Edited 1:29pm
Quoting fanatics
Hi Abokwaik, I ran version 05 for the last two days using stop loss 100 points and tp 100 points with trailing stop starting at 35 points for multiple pairs. The results are not that good. Are you using 200 points stop loss with tp 600 points? Is this still considered scalping? Is the signal at M15 sufficiently strong to give a 600 point tp? Thanks and waiting for your advice.
After 2 months experimenting this system here are my findings:

1. Lower time frames can be misleading, unless if they were combined with Higher TF confirmation.
2. The system/indicator can be used for manual trading as a supporting factor for other entry methods.
3. Use at bar close
4. Ratio should be greater than 0.5 ... Bulls Ratio = (Bulls-Bears)/(Bulls+Bears), while Bears Ratio = (Bears-Bulls)/(Bears+Bulls)
5. Signal must be in the Daily Direction ... If Signal is Bullish D1 must be up, if Bearish D1 must be down, to take the signal.
6. Entry can be made on a decent retrace
7. Stop Loss Above or Below the Signal bar.
8. Take Profit at least 1xSL
9. Better close all trades before end of day wither in profit or loss.
10. Single trade per setting (per EA instance).

I am going to put these findings in an EA, and publish the results.
No guts, no glory
  • #629
  • Jun 26, 2015 7:13pm Jun 26, 2015 7:13pm
This is version 6 with the above points implemented (except for points 6 and 9).
This version can be back tested as it uses the N4S_Histogram indicator (available on this thread)

This is a back test on EUR/USD 2015

Attached Image (click to enlarge)
Click to Enlarge Name: n4s_06.png Size: 52 KB
Attached File(s)
File Type: ex4 N4S_06.ex4   11 KB | 706 downloads
No guts, no glory
  • #630
  • Jun 26, 2015 8:21pm Jun 26, 2015 8:21pm
Quoting abokwaik
This is version 6 with the above points implemented (except for points 6 and 9). This version can be back tested as it uses the N4S_Histogram indicator (available on this thread) This is a back test on EUR/USD 2015 {image} {file}
Hi Abokwaik,

Can you publish some trade screenshot for better understanding ?

Thank you for your work.

Tom
  • #631
  • Edited 1:31pm Jun 28, 2015 1:20pm | Edited 1:31pm
Hello Abokwaik,

Thank you very much for all this hard work of yours.
Can we get a BE+LOCK PROFIT next version?
I see there are a lot less options in this new version.

[EDIT]
Not sure what would be the minimum needed to trade this version, looks like it should be more then 1K.
  • #632
  • Jun 28, 2015 2:46pm Jun 28, 2015 2:46pm
Quoting Reamasesa
Hello Abokwaik, Thank you very much for all this hard work of yours. Can we get a BE+LOCK PROFIT next version? I see there are a lot less options in this new version. [EDIT] Not sure what would be the minimum needed to trade this version, looks like it should be more then 1K.
This is version 6 with trailing stop option (which can serve both BE+LOCK PROFIT).

I think its better to trade this as intra-day system instead of quick scalping system.

As for the starting balance, you can start with 100, and trade micro lots. Demo first.
Attached File(s)
File Type: ex4 N4S_06.ex4   14 KB | 760 downloads
No guts, no glory
  • #633
  • Jun 29, 2015 9:52am Jun 29, 2015 9:52am
Quoting abokwaik
{quote} This is version 6 with trailing stop option (which can serve both BE+LOCK PROFIT). I think its better to trade this as intra-day system instead of quick scalping system. As for the starting balance, you can start with 100, and trade micro lots. Demo first. {file}
Great job!

Let's forward test
  • #634
  • Jun 30, 2015 2:25am Jun 30, 2015 2:25am
Quoting abokwaik
{quote} This is version 6 with trailing stop option (which can serve both BE+LOCK PROFIT). I think its better to trade this as intra-day system instead of quick scalping system. As for the starting balance, you can start with 100, and trade micro lots. Demo first. {file}
thk abokwaik...

wat setting is that u used?

i try backtest no trades entered...hmm
  • #635
  • Jun 30, 2015 9:12am Jun 30, 2015 9:12am
Hi Abokwaik,

IS your latest version of EA not showing the details for daily, H4, H1... as well as speed..?
Attached Image (click to enlarge)
Click to Enlarge Name: abok.png Size: 29 KB
"What would you attempt to do, if you knew your success was a certainty?"
  • #636
  • Jul 4, 2015 4:42pm Jul 4, 2015 4:42pm
Quoting abokwaik
{quote} After 2 months experimenting this system here are my findings: 1. Lower time frames can be misleading, unless if they were combined with Higher TF confirmation. 2. The system/indicator can be used for manual trading as a supporting factor for other entry methods. 3. Use at bar close 4. Ratio should be greater than 0.5 ... Bulls Ratio = (Bulls-Bears)/(Bulls+Bears), while Bears Ratio = (Bears-Bulls)/(Bears+Bulls) 5. Signal must be in the Daily Direction ... If Signal is Bullish D1 must be up, if Bearish D1 must be down, to take the signal....
Thanks Mr Khalil,
I am going to run N4S_5 next week on a demo and i will post the result as per your findings

StOoOk
if there is market there will be opportunities
  • #637
  • Jul 5, 2015 1:39am Jul 5, 2015 1:39am
It looks amazing, but in my test using tick data from Tickstory lite, we have 99% chart accuracy and a much pooer result on the similar dates and settings you have shown in your example. Can you tell me what I have done wrong or what I can alter to try and emulate your results? Can you supply your sets to check on my EA?
Attached Image (click to enlarge)
Click to Enlarge Name: realtest.jpg Size: 158 KB
  • #638
  • Jul 5, 2015 5:05pm Jul 5, 2015 5:05pm
Hello Abokwaik,

I have your EA on my chart and sometimes it gives sounds like crazy.

What do these sound alerts mean?

What does the ring alert sound for and how about the other sound?
  • #639
  • Jul 5, 2015 5:35pm Jul 5, 2015 5:35pm
Quoting Jared77
It looks amazing, but in my test using tick data from Tickstory lite, we have 99% chart accuracy and a much pooer result on the similar dates and settings you have shown in your example. Can you tell me what I have done wrong or what I can alter to try and emulate your results? Can you supply your sets to check on my EA? {image}
Hi Jared,

Nothing wrong, your data is better than mine no doubt.

Thanks for sharing your test results.

Khalil
No guts, no glory
  • #640
  • Jul 5, 2015 5:40pm Jul 5, 2015 5:40pm
Quoting wowzers
Hello Abokwaik, I have your EA on my chart and sometimes it gives sounds like crazy. What do these sound alerts mean? What does the ring alert sound for and how about the other sound?
The nice sound indicates a bullish impulse, the devil sound indicates a bearish impulse.
If you hear these sounds very often, you might need to increase the speed threshold.
No guts, no glory
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