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5 minute binary options/scalping strategy EA

  • #21
  • May 16, 2017 12:44am May 16, 2017 12:44am
It is really hard to give feedback without knowing exactly what the strategy is.
  • #22
  • May 24, 2017 4:23pm May 24, 2017 4:23pm
Quoting jlares
It is really hard to give feedback without knowing exactly what the strategy is.
I posted the strategy again
  • #23
  • May 24, 2017 5:03pm May 24, 2017 5:03pm
Quoting vasalahaimer
{quote} thanks for posting i wonder if your still working to update. I am using it for AUDUSD
great how is it? I dont think its ready for use yet but if you are finding success please share
  • #24
  • Edited 5:20pm May 24, 2017 5:05pm | Edited 5:20pm
Also last time I found people were not contributing and just using the strategy video. I want to actually build a automated system so I am uploading a password protected video soon.
  • #25
  • May 24, 2017 5:56pm May 24, 2017 5:56pm
I have posted the video strategy now, pm me if you are interested in contributing for the password
  • #26
  • May 24, 2017 7:28pm May 24, 2017 7:28pm
I Just ran the script and it doesnt do any buy and sells. Whoever I did recreate a new script with the strategy you provided and it just hits only stoploss 90% of the time...

Here is also a way to reproduce the buys without running the script:

-----------------------------------------------------------------------------------
string StratPerBar(int BarNo){
string ret = "noAdvice";


double plusDI=iADX(NULL,PERIOD_M5,14,PRICE_CLOSE,MODE_PLUSDI,BarNo);
double minusDI=iADX(NULL,PERIOD_M5,14,PRICE_CLOSE,MODE_MINUSDI,BarNo);
double MALine= iMA(NULL,PERIOD_M5,30,0,MODE_EMA,PRICE_CLOSE,BarNo);
double currentRSI=iRSI(NULL,PERIOD_M5,2,PRICE_CLOSE,BarNo);
if (currentRSI<30 && plusDI>minusDI && iClose(NULL, PERIOD_M5, BarNo)>MALine+20*Point ){
setVline("Buy_"+IntegerToString(BarNo), iTime(NULL, PERIOD_M5, BarNo),clrGreen);
ret = "Buy";
}
if(currentRSI>70 && minusDI>plusDI && iClose(NULL, PERIOD_M5, BarNo)<MALine+20*Point){
setVline("Sell_"+IntegerToString(BarNo), iTime(NULL, PERIOD_M5, BarNo),clrRed);
ret = "Sell";

}


return ret;


}


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

Please if you have more info on this strategy then i would like to know, can you also send me the vimeo password. Hopefully we can automate this script :-)

Thanks in advance.


This is a screenshot Green line = buy, Red line = Sell

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m5-ava-trade-ltd.png Size: 65 KB
  • #27
  • May 24, 2017 7:51pm May 24, 2017 7:51pm
Quoting Beerbelly
I Just ran the script and it doesnt do any buy and sells. Whoever I did recreate a new script with the strategy you provided and it just hits only stoploss 90% of the time... Here is also a way to reproduce the buys without running the script: ----------------------------------------------------------------------------------- string StratPerBar(int BarNo){ string ret = "noAdvice"; double plusDI=iADX(NULL,PERIOD_M5,14,PRICE_CLOSE,MODE_PLUSDI,BarNo); double minusDI=iADX(NULL,PERIOD_M5,14,PRICE_CLOSE,MODE_MINUSDI,BarNo); double MALine= iMA(NULL,PERIOD_M5,30,0,MODE_EMA,PRICE_CLOSE,BarNo);...

Great, thanks for contributing

I cannot message you right now for some reason.

If you can message me and I will send you password for vimeo video or I can see what else I can do if that does not work
  • #28
  • May 24, 2017 8:56pm May 24, 2017 8:56pm
Due to new members contributing and not being able to message, I have opened up the video to anyone for now but if I see there are people not contributing I will put on password again.
  • #29
  • May 24, 2017 9:01pm May 24, 2017 9:01pm
Quoting Beerbelly
I Just ran the script and it doesnt do any buy and sells. Whoever I did recreate a new script with the strategy you provided and it just hits only stoploss 90% of the time... Here is also a way to reproduce the buys without running the script: ----------------------------------------------------------------------------------- string StratPerBar(int BarNo){ string ret = "noAdvice"; double plusDI=iADX(NULL,PERIOD_M5,14,PRICE_CLOSE,MODE_PLUSDI,BarNo); double minusDI=iADX(NULL,PERIOD_M5,14,PRICE_CLOSE,MODE_MINUSDI,BarNo); double MALine= iMA(NULL,PERIOD_M5,30,0,MODE_EMA,PRICE_CLOSE,BarNo);...
Also please share this ea with everyone
  • #30
  • May 24, 2017 9:21pm May 24, 2017 9:21pm
Ok, here the code as attachment.

I took out the buy and the sell so people don't run this with live money since it's not profitable as yet.

You can see the lines on the 5M chart.
Attached File(s)
File Type: mq4 ScalpingForexPairs.mq4   3 KB | 518 downloads
  • #31
  • May 24, 2017 9:27pm May 24, 2017 9:27pm
Quoting Beerbelly
Ok, here the code as attachment. I took out the buy and the sell so people don't run this with live money since it's not profitable as yet. You can see the lines on the 5M chart. {file}
Awesome, also were you able to see the video now?
  • #32
  • May 24, 2017 9:38pm May 24, 2017 9:38pm
No not yet, not sure where i can see or send private messages
  • #33
  • May 24, 2017 9:43pm May 24, 2017 9:43pm
Quoting Beerbelly
No not yet, not sure where i can see or send private messages
its on the first post, the link now works without a password as I mentioned before

I think new members cannot private message

https://vimeo.com/218865665

here is video link again if needed
  • #34
  • May 24, 2017 10:02pm May 24, 2017 10:02pm
Thanks, i watched it and updated the values in the script.

here is the new EA this one you can backtest, maybe change your takeprofit and stoploss pips.

The video was also talking about rsi above or below 50... in your example it was set to 30 / 70... which makes more sense
Attached File(s)
File Type: mq4 ScalpingForexPairs.mq4   3 KB | 400 downloads
  • #35
  • May 24, 2017 10:15pm May 24, 2017 10:15pm
Quoting Beerbelly
Thanks, i watched it and updated the values in the script. here is the new EA this one you can backtest, maybe change your takeprofit and stoploss pips. The video was also talking about rsi above or below 50... in your example it was set to 30 / 70... which makes more sense {file}
Yes, the video is correct, I was trying to follow it but coding wise my logic was not correct

Please follow the video in coding this EA.

Thanks
  • #36
  • May 24, 2017 10:24pm May 24, 2017 10:24pm
Quoting Beerbelly
Thanks, i watched it and updated the values in the script. here is the new EA this one you can backtest, maybe change your takeprofit and stoploss pips. The video was also talking about rsi above or below 50... in your example it was set to 30 / 70... which makes more sense {file}
This is what I got from backtest
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 53 KB
  • #37
  • May 24, 2017 10:37pm May 24, 2017 10:37pm
I think it is supposed to be run on M1 as in the video

I get alot of alerts which I added into the code to see how often condition triggers
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 81 KB
  • #38
  • May 24, 2017 11:03pm May 24, 2017 11:03pm
I changed it to M1 but didn't help... i think it takes to much spread to actual hit the Takeprofit.

New version attached.
Attached File(s)
File Type: ex4 ScalpingForexPairs.ex4   8 KB | 367 downloads
File Type: mq4 ScalpingForexPairs.mq4   4 KB | 416 downloads
  • #39
  • May 24, 2017 11:19pm May 24, 2017 11:19pm
mine showed minimum stop level= 0.0 points. EA couldnt start.
  • #40
  • May 25, 2017 2:58am May 25, 2017 2:58am
video is private, requires a password.
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