Thread: Powerful 1 Min Scalping System EA

This expert advisor is based on the "Powerful 1 Min Scalping System" (final template in the first post) presented by Canadian Dude on ForexFactory.

It strictly follows the rules of this system.

Note that I have added a second Heiken Ashi to have the "M5 trend filter".

The DoublecciWoody and Heiken_Ashi_Smoothed have to be put in the indicators folder. You don't need the SpudFibo, it has been integraded into the code of the EA.

You have to modify the Time Filter settings depending on the location of your broker. The StartHour is supposed to be 3AM and the EndHour : 11AM, both east time.

For people which have a Time Range that includes 0 (midnight), there is the "Powerful 1 Min Scalping System EA 0" version.

Originally Posted by johngh

Hi funyoo,
Like the EA and am closely following original CD concept.
Your EA has 2 HA's...one for 1min and one for 5min, how do you show the 5min HA on the 1min chart?

Here is the template with the second HA (5 min HA). This is a HA with a period of 30 (5x6).

Originally Posted by johngh

2ndly the time factor, if i want to use it 24/7 can I use the "O" ea with time start "0" and end "24"?

I have also attached the expert advisor without the time filter.

Originally Posted by johngh

I think the 5min HA to help prevent an early trade exit.
Thanks

Nice idea, I have added a confirmation of the 5 min HA for the exit to this new version.

There is also a version for higher timeframes with fibo levels drawn on a weekly basis instead of daily.

Originally Posted by AlanJ

What I am looking for is a description of how Funyoo's EA works and what is required for the "inputs" to the EA, i.e.

According to the system, you have not to modify the default settings of the EA.

Originally Posted by AlanJ

what does RealSL_Enabled mean? - and all the others.

Open the code with MetaEdito, it is explained.

Originally Posted by AlanJ

How does "Reverse Positions" work?

If you put reverse = true, instead of buy on the conditions of the system, it will sell. Instead of sell, it will buy.

Originally Posted by AlanJ

How does "Add Positions" work?

If Add Positions is set on true, then each time that the conditions are matched, the EA will enter an order even if there is already an order of the same kind (long/short).

Originally Posted by AlanJ

I have had the EA running for a few hours now and quite a number of trades have occurred - however, none of them resemble the rules of the system! Furthermore, the trades are losing badly! The trades seem to be triggered far too late - like several bars too late.

I have tried it, and it works fine with the "final template" combined to the "5 min HA". The "5 min HA" (a HA with a period of 30) represents the 5 min trend that is used to filter the orders.

You have to note that in the system, the first thing that you see is the color change of the 1 min HA then other indicators. In the EA, this is the sudfibo that was a resistance/support and that becomes a support/resistance, then we see the other indicators, it is almost the same. I could do exactly as the system with first the color change of the HA but then there will be a lot of conditions to add in the code for the spudfibo, it would take too many time for a similar result.

If you think that the rules are different, don't hesitate to say in what :

- Trade between 3am east time till 11am east time,
- S/L 10 pips

Long Trade
Heiken Ashi changes colour (red > blue)
Fibo line becomes support
CCI 170 Over the 0 Line must be the first to cross
CCI 34 Over 0 line
RSI over 55
Exit : Heiken Ashi turns red

Short Trade
Heiken Ashi changes colour (blue) > red)
Fibo line becomes resistance
CCI 170 under 0 line must be the first to cross
CCI 34 under 0 line
RSI under 45
Exit : Heiken Ashi turns blue