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Sathish FxP-C4 Scalper

  • #241
  • Sep 19, 2016 6:22am Sep 19, 2016 6:22am
Quoting wealthpro
{quote} hi can you post your chart with entry and exit
Hiya, not at the moment no....I have just worked out how to have both my demo and live account running on the same PC.
The demo account i was using this morning was for a different broker and it wasnt an ECN account.
This new one is...I'll trial it for a couple of days and get back to you.
To be honest with you i think the problem was me this morning.
  • #242
  • Sep 19, 2016 6:37am Sep 19, 2016 6:37am
Quoting Slackbladder
{quote} Hiya, not at the moment no....I have just worked out how to have both my demo and live account running on the same PC. The demo account i was using this morning was for a different broker and it wasnt an ECN account. This new one is...I'll trial it for a couple of days and get back to you. To be honest with you i think the problem was me this morning.
ok.take your time.thank you
  • #243
  • Sep 19, 2016 7:53am Sep 19, 2016 7:53am
Hi
I understand that this system gives profits on 1 min trading.. but my spread for eg - GBPUSD is 1.4.. Is it ok to trade in 1 min?
  • #244
  • Sep 19, 2016 8:18am Sep 19, 2016 8:18am
Quoting Kavneet
Hi I understand that this system gives profits on 1 min trading.. but my spread for eg - GBPUSD is 1.4.. Is it ok to trade in 1 min?
yes.test for a month then go to live.if live account trade with minimum lot.then go to normal lot
  • #245
  • Sep 19, 2016 3:40pm Sep 19, 2016 3:40pm
Hi
can you give me recomended broker for this?
  • #246
  • Sep 19, 2016 3:44pm Sep 19, 2016 3:44pm
Quoting arief86
Hi can you give me recomended broker for this?
see post 185
  • #247
  • Sep 20, 2016 11:54am Sep 20, 2016 11:54am
Here is another EA for setting TP & SL. Three things about this one are, you can set TP & SL in fractions of one pip. i.e.: 2.5 pips. Add 0 to all settings. 100=10 pips.

It also hides you TP & SL from the broker.

But the real beauty of this one, is you can adjust the settings, while trade is in progress, including trailing.

I just took a demo trade, with original TP & SL set to 10 pips. During the trade, while it was in profit, I reset EA to 250 (25 pips) TP, & -60 (+6 pips) SL. On retrace, trade was closed out @ 4.4 pips in profit. Note; The one minute candle that triggered the close, was 11 pips. Some times the price volatility can create some slippage, but usually not more than a pip or two.

Here's what that looks like in EA:
Attached Image
Attached File(s)
File Type: ex4 Hidden TP&SL.ex4   3 KB | 568 downloads
  • #248
  • Sep 22, 2016 2:32am Sep 22, 2016 2:32am
17 pips
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 57 KB
  • #249
  • Sep 22, 2016 3:26am Sep 22, 2016 3:26am
wealthpro, EAServant has a "lock profit" function. Can you explain how it works? Its set to 25 pips. Does it mean it sets SL= open price when it moved 25 pips? Thkx
"Hoe ur pips mate?" fxcarllos
  • #250
  • Sep 22, 2016 4:13am Sep 22, 2016 4:13am
Quoting Carllos
wealthpro, EAServant has a "lock profit" function. Can you explain how it works? Its set to 25 pips. Does it mean it sets SL= open price when it moved 25 pips? Thkx
if you set lock profit 25 pips. when reach 25 pips it will lock 1 pip after that every 1 pip increment it will lock 1 pip. if you put 5 pip lock profit when reach 5 pip it will lock 1 pip then each 1 pip increment it will lock 1 pip.
  • #251
  • Sep 22, 2016 4:18am Sep 22, 2016 4:18am
two long -4, +13
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 69 KB
  • #252
  • Sep 22, 2016 4:27am Sep 22, 2016 4:27am
Quoting wealthpro
two long -4, +13 {image}
Thanks Wealthpro for sharing this excellent system. I scalp the indices each day and am going to add this to my existing method.
  • #253
  • Sep 22, 2016 4:48am Sep 22, 2016 4:48am
Quoting IndexScalper
{quote} Thanks Wealthpro for sharing this excellent system. I scalp the indices each day and am going to add this to my existing method.
Thank you
  • #254
  • Sep 22, 2016 5:06am Sep 22, 2016 5:06am
Quoting IndexScalper
{quote} Thanks Wealthpro for sharing this excellent system. I scalp the indices each day and am going to add this to my existing method.
do you scalp DAX? I'm looking for good scalping system for DAX. Can you write something more..
  • #255
  • Sep 22, 2016 3:04pm Sep 22, 2016 3:04pm
I just recently joined and now subscribing.... Thanks for your system....
Doing the demo first....
  • #256
  • Sep 24, 2016 4:23pm Sep 24, 2016 4:23pm
Hi WP, nice system. I appreciate your insights re. risk. I would not read your thread otherwise. Curious on your execution method- I know your are trading via the razor account- are you using the web platform or the Ctrader client? If you have tried both, do you find any difference in execution?
  • #257
  • Sep 25, 2016 5:38am Sep 25, 2016 5:38am
Quoting cw150
Hi WP, nice system. I appreciate your insights re. risk. I would not read your thread otherwise. Curious on your execution method- I know your are trading via the razor account- are you using the web platform or the Ctrader client? If you have tried both, do you find any difference in execution?
thank you. i trade with MT4 i am not tried others
  • #258
  • Sep 25, 2016 6:18am Sep 25, 2016 6:18am
Quoting wealthpro
two long -4, +13 {image}
To make it convenient to show the transaction on the chart, there are several indicators.
Here is one of them.
Attached File(s)
File Type: rar #VISUAL ORDERS_corr.rar   26 KB | 547 downloads
Only the price on the chart can show the entrance to the deal...
  • #259
  • Sep 25, 2016 8:13am Sep 25, 2016 8:13am
Quoting vvFish
{quote} To make it convenient to show the transaction on the chart, there are several indicators. Here is one of them. {file}
thank you
  • #260
  • Sep 25, 2016 8:22am Sep 25, 2016 8:22am
i like scalping too. I am a scalper my self and always interesting something new.Wish you the best with your thread.
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