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Thread: Level scalper v4

  1. #41

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    Quote Originally Posted by wannaberich View Post
    Thanks funyoo, great work once again
    Thanks funyoo & wannaberich for your effort. I started to use this EA on demo account yesterday, since the GU was trending so I managed to get 396 pips for 12 hours drive. Started from 2am EST till 3pm EST. I use this EA semi auto. basically where price started ranging, may be for at least 100 minutes. I calculate the high & low of the range & launch the EA at the beginning of 1hr candle.

    Here, i would ask that if we could set the price that we want the EA to calculate the pending order instead of automatic.

    Let say price is ranging at the resistance at 1.4550 & the current price is 1.4534. So we want the EA to place the pending orders above 25pip for buy stop & below 25pip for sell stop from 1.4550 instead of 1.4534. So we have not to wait for price to come to that level to launch the EA.

    This concept is similar to grid builder indicator, where we enter the range it will calculate from 0 instead of current price.

    Thanks again funyoo.

    I attached my screenshot on my yesterday trade.
    Last edited by dazrul; 03-24-2009 at 07:51.

  2. #42

    Default

    Quote Originally Posted by funyoo View Post
    Another try :

    EU H1.

    Total Net Profit: 75.56%
    RDD : 0.62%

    The ea has made big money and then no more trades... !?
    hello everybody, very nice forum! great job admin in testing all those EAs! this is very helpful!
    Last edited by Swisstrader1; 05-29-2009 at 20:23.

  3. #43
    Junior Member
    Join Date
    May 2009
    Posts
    25

    Default Canīt confirm your experiences so far

    Hi Guys,

    I have been running Level Scalper out of the box, except for the lotsize which I changed to 0.02 with 5000 Euros account, since May, 27th now on demo and it made a very nice profit.

    It survived all moves in this time and the max. DD was about 700 Euros and 700 Euros in margin...not too bad on a 5000 Euro account.

    You can see the attachment - it is the statement until today.- sorry, canīt upload the file because it is too big...so I will send it by email request without a problem....balance is currently 5892 Euros...

    The only thing I find strange is, that it closes the pending orders if the Metatrader is restarted....then it finishes the open trades and starts new process with pending orders.

    Also, if you set "ContinueTrading=true" it keeps trading like crazy...

    So with the right MM I canīt see the danger so far....maybe time will prove me wrong ;-)

    And: why would it need any indicators? It works with price...it opens only 10 pending orders, 10 pips away from the current price and another 10 pips step for each order.
    Then later it starts adding pending orders and those will also grow in lotsize by the original lotsize ( so if you opened with 0.02...it will make 0.04, 0.08 and so forth ).....this way you can reach the DD, but you will end in profit.


    Greetings,

    4rexlady

  4. #44
    Junior Member
    Join Date
    May 2009
    Posts
    25

    Default

    Quote Originally Posted by dazrul View Post
    Thanks funyoo & wannaberich for your effort. I started to use this EA on demo account yesterday, since the GU was trending so I managed to get 396 pips for 12 hours drive. Started from 2am EST till 3pm EST. I use this EA semi auto. basically where price started ranging, may be for at least 100 minutes. I calculate the high & low of the range & launch the EA at the beginning of 1hr candle.

    Here, i would ask that if we could set the price that we want the EA to calculate the pending order instead of automatic.

    Let say price is ranging at the resistance at 1.4550 & the current price is 1.4534. So we want the EA to place the pending orders above 25pip for buy stop & below 25pip for sell stop from 1.4550 instead of 1.4534. So we have not to wait for price to come to that level to launch the EA.

    This concept is similar to grid builder indicator, where we enter the range it will calculate from 0 instead of current price.

    Thanks again funyoo.

    I attached my screenshot on my yesterday trade.
    Seeing on your screenshot that you used 0.1 lots with apparently $500...I bet you blew your account pretty soon....I had blown a demo account with even 3000 Euros and 0.1 lotsize.....the numbers do not fit..

    Now I am using 0.02 lots with 5000 Euros...this seems to work very well...at least until now ;-)

  5. #45

    Default

    Quote Originally Posted by 4rexlady_de View Post
    Seeing on your screenshot that you used 0.1 lots with apparently $500...I bet you blew your account pretty soon....I had blown a demo account with even 3000 Euros and 0.1 lotsize.....the numbers do not fit..

    Now I am using 0.02 lots with 5000 Euros...this seems to work very well...at least until now ;-)
    can you share your set files?

  6. #46
    Junior Member
    Join Date
    May 2009
    Posts
    25

    Default

    Quote Originally Posted by serdarso View Post
    can you share your set files?
    Hi serdarso,

    set-file is like original except for the changed lotsize....and, of course, you have to adjust the pips, if you have a 5-digit-broker (instead of 10 pips step, you need to have 100 )....

    Hope, that helped

    Greetings,
    4rexlady

  7. #47
    Junior Member
    Join Date
    May 2009
    Posts
    7

    Default Test on Little and very little lot

    Hello Funnyo,

    Is what I can test in demonstration this EA on brokers with 4 or 5 digits with the French sessions (GMT+ 2).

    Finally I would like to test this EA in reality on accounts has 2000 with batch of 0.1 (5 Digits) and on an account with 250/300 $ (4 Digits - 00.01 Lot ) at the hours of sessions Franįaises/US (GMT+2).

    is this possible. ??

    If I say that c' is that j' made a backtest of your RSIPower, d' access with an account has 10000 with your arrangements. j' had formidable results on EURUSD with your arrangements

    But in Backtest with an account of 500 or 1000 c' was catastrophic, with same arrangements

    I n' ever succeeded has to have a quality of modelling higher than 42%. How to explain that J' had this error regularly

    2009.06.17 23:48: 56 TestGenerator: unmatched dated error (volume limit 329 At 2009.06.08 14:20 exceeded)

    I do not include/understand Thanks

  8. #48
    Banned
    Join Date
    Jan 2009
    Location
    Canada
    Posts
    43

    Default Don't waste your time

    Hi all,

    Don't waste your time trying this EA. It's blow up your AC all times !

  9. #49

    Default This Expert Advisor is Amazine

    This expert is one of the best expert I've used in the past. If you are not greedy. I was able to demo trade for two months $2500 account turn $8K plus its ok I beleive.

  10. #50

    Default

    Quote Originally Posted by funyoo View Post
    Hi Denoiser,

    Here it is.
    funyoo I need the 5 digit of Level scalper or how do I use it to trade if the decimal point is 5

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