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5 minute binary options/scalping strategy EA

  • #41
  • May 25, 2017 3:36pm May 25, 2017 3:36pm
Quoting menpowerup
mine showed minimum stop level= 0.0 points. EA couldnt start.
did you try the newer version?
  • #42
  • May 25, 2017 3:55pm May 25, 2017 3:55pm
Quoting x-x
video is private, requires a password.
pm me for password
  • #43
  • May 25, 2017 3:58pm May 25, 2017 3:58pm
yesterday trade closed in profit

today it opened a trade and closed it immediately

then another one closed in profit

although I turned it off for a while before restarting

also we should probably add comment to system
Attached Image (click to enlarge)
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  • #44
  • May 25, 2017 4:16pm May 25, 2017 4:16pm
so far 2 wins 2 losses

no one else has any results?
  • #45
  • May 25, 2017 4:27pm May 25, 2017 4:27pm
I am getting this error often

order buy 0.01 AUDUSD opening at market sl: 0.74540 tp: 0.74566 failed [Off quotes]
  • #46
  • May 25, 2017 4:54pm May 25, 2017 4:54pm
if you are trading this on binary broker manually please share screenshot of results
  • #47
  • May 25, 2017 7:21pm May 25, 2017 7:21pm
still works now
Inserted Video
  • #48
  • May 25, 2017 10:31pm May 25, 2017 10:31pm
I changed the strategy here and there, but it seems to help a lot; i back tested this one and got 45 dollars.
Attached File(s)
File Type: mq4 ScalpingForexPairs.mq4   4 KB | 484 downloads
  • #49
  • May 25, 2017 11:15pm May 25, 2017 11:15pm
Quoting Beerbelly
I changed the strategy here and there, but it seems to help a lot; i back tested this one and got 45 dollars. {file}
very nice, I just tested it in strategy tester also was positive profit on M1

testing it on multiple pairs to see if any problems show up.
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  • #50
  • May 25, 2017 11:28pm May 25, 2017 11:28pm
Quoting Beerbelly
I changed the strategy here and there, but it seems to help a lot; i back tested this one and got 45 dollars. {file}
I noticed you were using a ema which the video says to use a sma so I changed it to that and ran the test again and got slightly better profit factor

great job overall
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 51 KB
Attached File(s)
File Type: mq4 ScalpingForexPairs (4).mq4   4 KB | 522 downloads
  • #51
  • May 25, 2017 11:35pm May 25, 2017 11:35pm
not so good on USDJPY. maybe stop losses too low because most trades were profitable?
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  • #52
  • May 26, 2017 6:31am May 26, 2017 6:31am
results from yesterday

some of the stop losses I notice are huge compared to take profit

300 pip sl to 10 pip tp on AUDUSD which is currently open

also I think we should add a comment to the system to differentiate the versions of the EA

No one else has any results to share?
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  • #53
  • May 26, 2017 6:34am May 26, 2017 6:34am
I tried 200 tp and 3000 sl. That helps a lot.
  • #54
  • May 26, 2017 6:35am May 26, 2017 6:35am
Quoting Beerbelly
I tried 200 tp and 3000 sl. That helps a lot.
I think we should have a closer SL because 3000 is almost like no SL at all. One bad trades can take out all your winnings

I think we should try a tighter range since this is scalping like 10 pips tp 15 pips SL
  • #55
  • May 26, 2017 6:56am May 26, 2017 6:56am
added tighter tp sl range but results not good
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  • #56
  • May 26, 2017 7:22am May 26, 2017 7:22am
What does the video say about sl?
  • #57
  • May 26, 2017 7:44am May 26, 2017 7:44am
Quoting Beerbelly
What does the video say about sl?
Its made for 5 min binaries so it exits after 5 minutes automatically but for SL if we look at the video the line he drew for strike price could be a possible level for a SL.
  • #58
  • May 26, 2017 7:59am May 26, 2017 7:59am
Most forex have a higher spread. So lets say spread is 30...

Then sl is always 40 pips. And tp 50 pips. Which results in lot of sl hits
  • #59
  • May 26, 2017 8:01am May 26, 2017 8:01am
Quoting Beerbelly
Most forex have a higher spread. So lets say spread is 30... Then sl is always 40 pips. And tp 50 pips. Which results in lot of sl hits
probably want to focus on majors then like EURUSD, USDJPY, GBPUSD, and AUDUSD for now
  • #60
  • May 26, 2017 10:43am May 26, 2017 10:43am
I find 5 pips works for pvsra scalping thread which many people profit from so 10 pips should be good tp and 15 pips is more than enough for sl
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