Scalping Machine Trading on ECN account | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Cheapest ECN Comissions - Vantage FX ECN 10 replies

Bank account and FX ECN account (SG, HK or Switzerland) help! 0 replies

Scalping with ECN brokers 32 replies

live acc trial ... ecn/scalping brokers allowing micro/mini lots 1 reply

Oanda: Sweet Scalping Layout with execution like ECN 0 replies

Attachments: Scalping Machine Trading on ECN account
Exit Attachments

Scalping Machine Trading on ECN account

  • #21
  • Jul 21, 2015 7:31pm Jul 21, 2015 7:31pm
so far during Asia Session

1) Short below the Support 1 Level formed at 1.0931 has been triggered but the momentum was not strong enough causing some minor lost of the 3 EURUSD positions opened.

Im not able to monitor much till probably London Session as i have few things to do in the office
  • #22
  • Jul 21, 2015 7:33pm Jul 21, 2015 7:33pm
Love some info on this ea please email me also
gaztrader29
  • #23
  • Jul 21, 2015 8:49pm Jul 21, 2015 8:49pm
emptycube

dont tease us anymore

please send info asap so we too can get rich
  • #24
  • Jul 21, 2015 8:50pm Jul 21, 2015 8:50pm
hi emptycube ,Please share your EA

Best Regards,
Saad007
  • #25
  • Jul 22, 2015 12:22am Jul 22, 2015 12:22am
Entering London Session today pose to be a bad one due to low where 3 long EURUSD position was closed in RED when the price break the 1.0960 but due to low volume causing the position to close hitting the SL on negative profit.

Next possible long post break is yesterday high at 1.0969 for buy or;
Next possible short post break is today's at 1.0923

Lets see where it goes.
  • #26
  • Jul 22, 2015 12:42am Jul 22, 2015 12:42am
Hi emptycube, could you mind share The EA?
  • #27
  • Jul 22, 2015 1:28am Jul 22, 2015 1:28am
Quoting emptycube
Entering London Session today pose to be a bad one due to low where 3 long EURUSD position was closed in RED when the price break the 1.0960 but due to low volume causing the position to close hitting the SL on negative profit. Next possible long post break is yesterday high at 1.0969 for buy or; Next possible short post break is today's at 1.0923 Lets see where it goes.
Hi EmptyCube:

Could you please also share with me ?

Waiting for your response

Regards
  • #28
  • Jul 22, 2015 2:17am Jul 22, 2015 2:17am
Quoting emptycube
{quote} {quote} Hi Budidharma19 and Wanzriot I used some commercial EA and coded another script to work together with the EA. i dont really share the information publicly but do check your PM and the Pro and Cons of using my approach.
Hi emptycube please share what is the EA and how it works with your script. I also wait PM from you
Thanx
  • #29
  • Jul 22, 2015 4:08am Jul 22, 2015 4:08am
Hi All,

My strategy is based on pending order buy/sell based on MTF Resistance Support which i got from here .

i then wrote a script to incorporate the trades opened by the EA, if the script condition is OK on both indicator end and EA end, an order will be placed. I dont intend to share the name of the EA here as its a commercialize EA and if i did the thread will become a commercial thread while my intention is to keep tracking my own trading via the strategy i outlined. Anyway, there are Pro's and Con's on using the EA hence my approach.

I hope everyone understand, me for not being that open, there are few earlier members whom ive pretty much share everything.

As of entering London Mid-day Session Today, a total of 11 Closed Positions Opened

6 closed positions in RED on EURUSD with gross lost of $160.2
3 closed positions in GREEN on EURUSD with gross gain of $15.9
2 closed positions in GREEN on GBPUSD with gross gain of $111.11

All closed position above had a total commission of $59.2

Making the entire nett lost for now entering London mid Session at $92.4

lets see whats the rest of the trading day heading, in GREEN or RED
  • #30
  • Jul 22, 2015 4:23am Jul 22, 2015 4:23am
Potential Position for the rest of the day

EURUSD
1) Long above Resistance level of 1.0967
2) Unconfirmed for now as Previous support has been shy breached. waiting for another support level formed below today's low 1.0915

GBPUSD
1) Long above 16th July Resistance 3 at 1.5650
2) unconfirmed for now as today's support 1 is way below at 1.1555. waiting for another support level formed in between
  • #31
  • Jul 22, 2015 9:06am Jul 22, 2015 9:06am
Quoting emptycube
Hi All, My strategy is based on pending order buy/sell based on MTF Resistance Support which i got from here . i then wrote a script to incorporate the trades opened by the EA, if the script condition is OK on both indicator end and EA end, an order will be placed. I dont intend to share the name of the EA here as its a commercialize EA and if i did the thread will become a commercial thread while my intention is to keep tracking my own trading via the strategy...
Hi, thanx for sharing a bit. I downloaded the MTF Resistance Support Indicator. Its useful for detecting supports & indicators quickly. By the way, does it repaint? just asking as i just put the indi on my chart.

Thanx
  • #32
  • Jul 22, 2015 7:35pm Jul 22, 2015 7:35pm
Hi dearest,

all MTF indicator are repaint hence suitable to use only on higher timeframe. in my strategy, i used on H1. MTF indicator repaint until it gets a confirmation from closed candle on higher timeframe.

--------------------------

as for yesterday's trade, total net gain is in RED with nett loss of $92.4

Potential trade for today

EURUSD
1) Long above Resistance (double top) at 1.0967
2) Short on today's support at 1.0920

GBPUSD
1) Long above yesterday's High at 1.5647
2) Short on today's low at 1.5604
  • #33
  • Jul 22, 2015 7:38pm Jul 22, 2015 7:38pm
example of my chart for today's possible positions on EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 21 KB
  • #34
  • Jul 23, 2015 3:51am Jul 23, 2015 3:51am
Quoting emptycube
example of my chart for today's possible positions on EURUSD {image}
Thanx for the answer.
I use it on higher time frame (D1). So even though its repaint, its still useful to decide entry. I also use stochastic. As i attach the chart, i placed long 2 days a go. TP 80 pips, SL 100 pips. But its still on demo
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDailyMTFsuppres.png Size: 56 KB
  • #35
  • Jul 23, 2015 5:04am Jul 23, 2015 5:04am
as for today entering mid-day London Session, a total of 8 closed positions recorded

3 closed positions in RED on EURUSD pair with a gross loss of $-233.7
2 closed positions in RED on GBPUSD pair with a gross loss of $-73.66
3 closed positions in GREEN on EURUSD pair with a gross gain of $418.11

Total commission for all 8 closed positions is $67.52

Making a total nett gain so far mid-day London Session $43.23

-------------------------------------------------

Lets see whats US session today will do, im expecting some volatility and hope today's trading session will close in gain.

Potential trade

EURUSD
1) Long Above 15th July Resistance at 1.1035
2) Short Below today's support at 1.0922

GBPUSD
1) Long Above today's Resistance at 1.5671
2) Short Below today's Support at 1.5583
  • #36
  • Jul 23, 2015 5:07am Jul 23, 2015 5:07am
Quoting dearest
{quote} Thanx for the answer. I use it on higher time frame (D1). So even though its repaint, its still useful to decide entry. I also use stochastic. As i attach the chart, i placed long 2 days a go. TP 80 pips, SL 100 pips. But its still on demo
Hi Dearest,

placing MTF Resistance Support indicator on D1 chart will lessen the potential entry, try to have it on H1, since you are running Demo, do test it. im sure you will have more idea on how my EA trades and how i incorporate my script on it. by placing on H1 you can see that my post on "potential trades" is exactly following the indicator confirmation on support & resistance lines.
  • #37
  • Jul 23, 2015 5:39am Jul 23, 2015 5:39am
Quoting emptycube
{quote} Hi Dearest, placing MTF Resistance Support indicator on D1 chart will lessen the potential entry, try to have it on H1, since you are running Demo, do test it. im sure you will have more idea on how my EA trades and how i incorporate my script on it. by placing on H1 you can see that my post on "potential trades" is exactly following the indicator confirmation on support & resistance lines.
Ok, i'll watch closely the MTF Resistance Support indicator on H1. Let see if i can guess how your EA trades .
Btw, you trades EU & GU only? So trading within session its matters for the EA? just asking
Thanx
  • #38
  • Jul 23, 2015 5:49am Jul 23, 2015 5:49am
Hi Dearest,

No secret, really im having my dinner now and will send you something over PM later. do check out your PM
  • #39
  • Jul 23, 2015 5:56am Jul 23, 2015 5:56am
Quoting emptycube
Hi Dearest, No secret, really im having my dinner now and will send you something over PM later. do check out your PM
Lol, okay bro
  • #40
  • Jul 23, 2015 7:02pm Jul 23, 2015 7:02pm
Yesterday's trading day close a total in GREEN with additional two closed position for GBPUSD pair in RED;

that brings to final nett gain of $41.64 and total commission paid is $74.24 for yesterday

-----------------------------------------

Im expecting low volatility today heading to the weekend

Asian Session proves to mostly result in bad trade due to low volatility on EURUSD and GBPUSD pair. 3 closed positions on EURUSD opened this morning are closed in RED

Potential trade for today are as follow;

EURUSD
1) Long above today newly formed resistance 1 at 1.0994
2) Long above yesterday's double top resistance at 1.1016
3) Short below yesterday formed resistance at 1.0951

GBPUSD
1) Short below Yesterday;s Low at 1.5508
2) Long above today newly formed resistance at 1.5523
0 traders viewing now