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Attachments: Tick Chart Scalper
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Tick Chart Scalper

  • #21
  • Feb 11, 2016 6:57am Feb 11, 2016 6:57am
This is version 2 of the indicator, some bugs fixed.
Attached File(s)
File Type: ex4 Tick_Scalper_02.ex4   11 KB | 3,273 downloads
No guts, no glory
  • #22
  • Feb 11, 2016 8:04am Feb 11, 2016 8:04am
I can't seem to attach this to my chart?
Any idea's?
  • #23
  • Feb 11, 2016 8:11am Feb 11, 2016 8:11am
Got it to attach..
I don't know much about tick chart indicators what am I looking for here?
  • #24
  • Feb 11, 2016 8:16am Feb 11, 2016 8:16am
patiently waiting, looks good
  • #25
  • Feb 11, 2016 8:41am Feb 11, 2016 8:41am
Abokwaik, sorry I am bit of noob here so still learning. So this is probably two stupid questions.
I see your signals can I assume red x is sell signal and blue x is a buy?
Then what can I use to set automatic SL's and TP's?
  • #26
  • Feb 11, 2016 11:17am Feb 11, 2016 11:17am
Quoting SpencerBizze
I can't seem to attach this to my chart? Any idea's?


this is a indicator not a EA
  • #27
  • Feb 11, 2016 12:37pm Feb 11, 2016 12:37pm
yes sorry I realized that afterwards and loaded the indicator.
  • #28
  • Feb 11, 2016 12:41pm Feb 11, 2016 12:41pm
Hello Abokwaik,
I don't undertsand how works this indi. Could you explain please?
Thanks
S
  • #29
  • Feb 11, 2016 3:02pm Feb 11, 2016 3:02pm
I want to tell you a truth

your broker sucks

and without commission?

even worse
  • #30
  • Feb 11, 2016 3:06pm Feb 11, 2016 3:06pm
I am really anticipate your EA, and this is very interesting approach.
  • #31
  • Feb 12, 2016 1:26am Feb 12, 2016 1:26am
Cool I have got an EA to do the automated SL and TP, but I am still struggling understanding this indicator.
Abokwaik, we need some training please. Just a couple of screenshots with a small explanation.
  • #32
  • Feb 12, 2016 2:39am Feb 12, 2016 2:39am
Quoting SpencerBizze
Cool I have got an EA to do the automated SL and TP, but I am still struggling understanding this indicator. Abokwaik, we need some training please. Just a couple of screenshots with a small explanation.
I was taking a look at the indicator. It seems the first two buffers show the ask and bid line. And the other two are triggers with sound. It shows buy signals with blue x on red line, and sell signals with red x on blue line.
  • #33
  • Feb 12, 2016 6:09am Feb 12, 2016 6:09am
I was very interested in this approach, so I made a fast EA for this indicator to check the results.

I also added a RSI filter if you are interested in filtering signals to those only in extreme levels, not just anywhere.
Options also include an overall expected profit order closing.

Please check and see if you have any ideas. My problem is, I cannot check the results in a back-test.

@abokwaik Can you please explain why the indicator fails to produce signals in back-testing?

To enable trading, set BlockTrades to false in inputs.
Needless to say, you must have Tick_Scalper_02 in your indicators folder.

This is a quick EA, so there maybe bugs, please inform me if you find one.

Note: NEVER test the EA on real accounts.
Attached File(s)
File Type: mq4 Test Tick Scalper.mq4   7 KB | 1,465 downloads
  • #34
  • Feb 12, 2016 9:58am Feb 12, 2016 9:58am
Quoting beheruzu
I was very interested in this approach, so I made a fast EA for this indicator to check the results. I also added a RSI filter if you are interested in filtering signals to those only in extreme levels, not just anywhere. Options also include an overall expected profit order closing. Please check and see if you have any ideas. My problem is, I cannot check the results in a back-test. @abokwaik Can you please explain why the indicator fails to produce signals in back-testing? To enable trading, set BlockTrades to false in inputs. Needless to say,...
In mt4 there are no ticks available in backtesting, and this indicator needs live ticks feed...
  • #35
  • Feb 12, 2016 11:29am Feb 12, 2016 11:29am
This can be a great addition to my SND trading. Will test it next week. I've been looking for this bid/as/spread based indicator for a while now. I'll post my findings using it along with SND zones
  • #36
  • Feb 12, 2016 11:30am Feb 12, 2016 11:30am
Quoting beheruzu
I was very interested in this approach, so I made a fast EA for this indicator to check the results. I also added a RSI filter if you are interested in filtering signals to those only in extreme levels, not just anywhere. Options also include an overall expected profit order closing. Please check and see if you have any ideas. My problem is, I cannot check the results in a back-test. @abokwaik Can you please explain why the indicator fails to produce signals in back-testing? To enable trading, set BlockTrades to false in inputs. Needless to say,...
I have tested it and it seems to work fine. However, the results for 4 hours running, is around BE. I know that is not an indication of anything, for this would have to run for a much longer time. I also like this method alot. Best, Josh
  • #37
  • Feb 12, 2016 11:40am Feb 12, 2016 11:40am
Quoting GoldTheHun
{quote} In mt4 there are no ticks available in backtesting, and this indicator needs live ticks feed...
I guessed so. That's a shame. This makes testing a bit longer and harder.
  • #38
  • Feb 12, 2016 11:46am Feb 12, 2016 11:46am
Quoting JoshuaHope
{quote} I have tested it and it seems to work fine. However, the results for 4 hours running, is around BE. I know that is not an indication of anything, for this would have to run for a much longer time. I also like this method alot. Best, Josh
It needs tuning and a nice filtering method. It would have been great if it worked in backtesting to be able to optimize inputs. With good settings and a not so bright a broker service it would be great.
  • #39
  • Feb 12, 2016 12:08pm Feb 12, 2016 12:08pm
Quoting beheruzu
{quote} It needs tuning and a nice filtering method. It would have been great if it worked in backtesting to be able to optimize inputs. With good settings and a not so bright a broker service it would be great.
True. I would like to know how Khalil traded it on his explorer..he was doing great for the first days.
Best, Josh
  • #40
  • Feb 12, 2016 12:24pm Feb 12, 2016 12:24pm
Quoting JoshuaHope
{quote} True. I would like to know how Khalil traded it on his explorer..he was doing great for the first days. Best, Josh
Didn't last though, he got -976 pips today (-99.9% loss).
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