profitable tickscalper EA | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

New profitable System - Sidus 1,849 replies

Profitable strategies in range trading conditions 22 replies

How long the learning time to breakeven/be profitable? 8 replies

Neural Programming for Profitable trading 22 replies

PivotMagic v4 EA: Something new, could prove profitable! 0 replies

Attachments: profitable tickscalper EA
Exit Attachments

profitable tickscalper EA

  • #1
  • First Post: Edited 6:25am Feb 26, 2016 5:50am | Edited 6:25am
tickscalper ea made over 400->34k in profits(using cfds us30/ger30) at ppstone, its broker sensitive works with specific brokers only..

please see the live journal for the same



https://app.box.com/s/wivr11ol63hw7ry6mnkqocujbvbpegyo
Scoobi doobi doo
  • #2
  • Feb 26, 2016 7:50am Feb 26, 2016 7:50am
good result
  • #3
  • Feb 26, 2016 7:58am Feb 26, 2016 7:58am
Do you plan to share the EA on this Forum?
  • #4
  • Feb 26, 2016 11:53am Feb 26, 2016 11:53am
thanks guys!, EA is very much broker sensitive and not be shared on public domain however if any broker that you have I can check /confirm if it will work or not ..

make sure you have us30 and ger30 instruments with low spreads and also 1pip=1lot = 1$ on the same i will try to help.
Scoobi doobi doo
  • #5
  • Feb 26, 2016 2:03pm Feb 26, 2016 2:03pm
this will only work for a short period of time then once you moved to ECN model book, you will not make profit. Get out while you still can. AND NO ONE I MEAN NO ONE buy this EA, if he is selling which it looks like he is.
All posts are my personal opinion
  • #6
  • Feb 26, 2016 11:15pm Feb 26, 2016 11:15pm
If it worked on CFD, there is a good chance that it would work on the FUTURES MARKETS which are highly regulated and CENTRALIZED markets, so there is no "funny business" from brokers.
  • #7
  • Feb 26, 2016 11:18pm Feb 26, 2016 11:18pm
Quoting Rtm
this will only work for a short period of time then once you moved to ECN model book, you will not make profit. Get out while you still can. AND NO ONE I MEAN NO ONE buy this EA, if he is selling which it looks like he is.

Agreed RTM, it worked for a week to make enough profits and its not long term system to take advantage of .. No sell/buy ea its just a week success story in specific broker we keep track of other potential brokers where it can work too thats about it. thanks!
Scoobi doobi doo
  • #8
  • Feb 27, 2016 2:52am Feb 27, 2016 2:52am
Quoting Scoobidoobi
{quote} Agreed RTM, it worked for a week to make enough profits and its not long term system to take advantage of .. No sell/buy ea its just a week success story in specific broker we keep track of other potential brokers where it can work too thats about it. thanks!
Its a good learning experience though, really opens up to you the broker model and learning order execution in live time.
All posts are my personal opinion
  • #9
  • Feb 27, 2016 4:43am Feb 27, 2016 4:43am
True RTM , not all the brokers will allow to perform the way it goes they will introduce bad slippage straight away once they spot you.

FYI on the very same broker(pepperstone) where it made $$ , the ea system doesn't work any longer as they have set their counter measures by introducing deadly bad slippages/spikes.

Its good learning curve to keep moving away from brokers one by one , as the tickscalper (<1min scalps) doesnt start to work the way it should . cheers!
Scoobi doobi doo
  • #10
  • Feb 27, 2016 7:11am Feb 27, 2016 7:11am
Quoting Scoobidoobi
True RTM , not all the brokers will allow to perform the way it goes they will introduce bad slippage straight away once they spot you. FYI on the very same broker(pepperstone) where it made $$ , the ea system doesn't work any longer as they have set their counter measures by introducing deadly bad slippages/spikes. Its good learning curve to keep moving away from brokers one by one , as the tickscalper (<1min scalps) doesnt start to work the way it should . cheers!
How about running the strategy on the e-mini Futures (S&P, Nasdaq, Dow Jones, Russels)...?

As mentioned above, brokers simply CANNOT do any tricks on these markets as they are centralized.
  • #11
  • Feb 27, 2016 8:56am Feb 27, 2016 8:56am
Quoting MasterGuru
{quote} How about running the strategy on the e-mini Futures (S&P, Nasdaq, Dow Jones, Russels)...? As mentioned above, brokers simply CANNOT do any tricks on these markets as they are centralized.
Guru, Its been trading on us30(dow jones) and ger30(dax) which performs the best.
Scoobi doobi doo
  • #12
  • Edited 6:52pm Feb 27, 2016 4:58pm | Edited 6:52pm
Quoting Scoobidoobi
{quote} Guru, Its been trading on us30(dow jones) and ger30(dax) which performs the best.
That is what I mean. Since practically all Forex brokers are tricksters, trading US30 and DAX as CFDs exposes your trades to their "virtual dealer plug-ins" which eventually destroy your strategy - as you have already noticed it.

My suggestion: If you transfer the strategy to the real FUTURES markets and trade it via FUTURES BROKERS you could avoid all the tricks Forex brokers use. As the real futures markets are centralized and completely transparent, Futures brokers cannot use the tricks of Forex brokers.

Of course, you might have to use a different trading platform (e.g. Ninja Trader) and reprogram the EA, but it is only a technical challenge which is easy solve.
  • #13
  • Feb 28, 2016 4:21am Feb 28, 2016 4:21am
so you mean CFD brokers manipulate, future indices are better to trade which brokers you recommend I can give it a try.

Currently there are very few brokers on which the system works for < 1 month, before that we should scalp the most and put withdrawal as they dont allow for long haul.
Scoobi doobi doo
  • #14
  • Feb 28, 2016 5:58am Feb 28, 2016 5:58am
Quoting Scoobidoobi
so you mean CFD brokers manipulate, future indices are better to trade which brokers you recommend I can give it a try. Currently there are very few brokers on which the system works for < 1 month, before that we should scalp the most and put withdrawal as they dont allow for long haul.
Exactly! Futures brokers simply cannot manipulate executions as the futures markets are centralized (i.e. ALL ORDERS are sent to a single market place), so there is only ONE (bid/ask) price at a time and they cannot slip individual orders. If an order is slipped, then the entire market is slipped (which happens very rarely).

I suggest trying NINJA TRADER Futures or AMP Futures as brokers. Min. account size is 500 USD.

Again, the technical difficulty is that these brokers do not use MT4, so the strategy has to be transferred to NINJA TRADER platform, which is the "gold standard" futures trading platform. (Unfortunately it is not free, but it is worth its price.)
  • #15
  • Feb 28, 2016 10:20am Feb 28, 2016 10:20am
Quoting MasterGuru
{quote} Exactly! Futures brokers simply cannot manipulate executions as the futures markets are centralized (i.e. ALL ORDERS are sent to a single market place), so there is only ONE (bid/ask) price at a time and they cannot slip individual orders. If an order is slipped, then the entire market is slipped (which happens very rarely). I suggest trying NINJA TRADER Futures or AMP Futures as brokers. Min. account size is 500 USD. Again, the technical difficulty is that these brokers do not use MT4, so the strategy has to be transferred to NINJA TRADER...

Thanks master for the insight, but unfortunately i need to migrate the system from mt4 to ninja to get it working thats the cost involved. I will try to hunt few brokers on offer with mt4 where its working till then
Scoobi doobi doo
  • #16
  • Feb 28, 2016 6:36pm Feb 28, 2016 6:36pm
Quoting Scoobidoobi
{quote} Thanks master for the insight, but unfortunately i need to migrate the system from mt4 to ninja to get it working thats the cost involved. I will try to hunt few brokers on offer with mt4 where its working till then
I have a Ninja Trader programmer, and if you were willing to share the algorhithm (privately), I am willing to pay for the Ninja Trader programming.

Also, I have a life-time license for Ninja Trader, so we could forward test the EA on a shared VPS.

Please let me know.
  • #17
  • Mar 4, 2016 8:20am Mar 4, 2016 8:20am
Quoting MasterGuru
{quote} I have a Ninja Trader programmer, and if you were willing to share the algorhithm (privately), I am willing to pay for the Ninja Trader programming. Also, I have a life-time license for Ninja Trader, so we could forward test the EA on a shared VPS. Please let me know.

Its about specific brokers (market makers) where this system works not universal on stp/ecn. I can't name the brokers in public. PM me for more details. thanks
Scoobi doobi doo
  • #18
  • Mar 4, 2016 9:26am Mar 4, 2016 9:26am
If you are using a broker with just a base spread of 1 tick on these contracts you know for sure you are going against the broker as liquidity cost is higher than that.

Would this system work if the spread was 1 tick + 1/2 tick comm?
  • #19
  • Mar 4, 2016 8:19pm Mar 4, 2016 8:19pm
Quoting Scoobidoobi
{quote} Its about specific brokers (market makers) where this system works not universal on stp/ecn. I can't name the brokers in public. PM me for more details. thanks
@Scoobidoobi

Probably my message did not go through, as I was referring to the centralized FUTURES markets, not STP/ECN.

I was proposing a solution by which - potentially & hopefully - your strategy could work long-term, and not just until a (B-booking, i.e. market maker) broker realizes what was going on killing the strategy by its "virtual dealer plug-in" parasite software within a few days (or weeks).
  • #20
  • Mar 7, 2016 10:40pm Mar 7, 2016 10:40pm
Got it, whats your take on mtcook financials,jfdbrokers and activtrades brokers... are all of them market makers?
Scoobi doobi doo
0 traders viewing now