Thread: FT_Scalp Parabolic

Hi Funyoo

Do you know what the offset for GMT is for his EA.I see you tested it on Masterforx .I cant find their time diffeance.I would like to use GMT.
Thanks

John

very good system. I have bactested it on all time frams and get ok results, the best results were using 15 min EURUSD with MM set at true and my account goes from $1000 to $10458 in about 4 months. If i take of MM it goes from $1000 to $1228 in the same time using 0.01 lots.

Would be interesting to see how it performs LT

Put this EA on EU 15 min chart and had a successful trade overnight.
Setting were per funyoo set file in first post. MM was set on with Risk setting at 5.8.
This resulted in a 3.92 lot trade on a $3000 mini account.
Seems to be an extreme high risk setting.
Have now turned off MM and set lots to .1 for more testing

Thanks for all you do funyoo

I have had it running on the demo account all today on the settings funyoo has given on the EURUSD i have had, i have had 3 trades for 3 winners using 0.01 lots with MM set to false

Wannaberich,

Which broker are you testing with? I had it on my charts overnight, but didn't get any trades. :-|

I will continue monitoring it though...

I live in Australia and using a broker that is local to me called gomarkets GO Markets...First choice for trading - Home. You will allways get different results when using different brokers just how it goes, not much you can do about that.

So before you run any EA on a live account do some backtests or fowardtests on a live account to determine what the best pair and time frames to use. It just happens to be that the settings funyoo has given for this EA seems to work well for me.

but you allways need to test the EA on your data before you use it on a live account

here is my backtest!

Forgot to add the backtest