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Thread: Scalping idea

  1. #1

    Default Scalping idea

    I have an idea for scalping on 1M timeframe.If any on can code it i would be honoured. Takeprofit of 10,stoploss of 20,trailingstop.A really fast scalper,in and out of a position with profit within 1minute.
    double diClose0=iClose(NULL,5,0); double diMA1=iMA(NULL,5,7,0,MODE_SMA,PRICE_OPEN,0); double diClose2=iClose(NULL,5,0); double diMA3=iMA(NULL,5,6,0,MODE_SMA,PRICE_OPEN,0);
    if ((diClose0<diMA1)){ OpenSell(); return(0); } if ((diClose2>diMA3)){ OpenBuy(); return(0); }. Thank you

  2. #2
    Junior Member
    Join Date
    Jan 2012
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    22

    Default

    Hey, I have it coded, I'm on my phone right now. I'll post it in 4 hours. It works ok, I was optimizing it and it did ok. Cool!! If you have any more ideas just pm me and I can get it all set up for you! Join the elite section and you cam see some of my indicators.

    Cheers!

  3. #3
    Junior Member
    Join Date
    Jan 2012
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    Default Here you go!!

    My results were rather lackluster, but I barely optimized and had 25% data quality. Post your results! haha

    -Cheers!
    Attached Files Attached Files

  4. #4

    Default thanks

    Quote Originally Posted by rooster44 View Post
    My results were rather lackluster, but I barely optimized and had 25% data quality. Post your results! haha

    -Cheers!
    Thanks rooster. I just downloaded it. Would test it when i am back from work. Many thanks

  5. #5

    Default MAXIMUM TRADES setting needed

    I have this very rude ea that has no respect for trend and thats why it always hit tp. It can place more 700trades a day and that is not good for an account. Was wandering if you can input a "MAXIMUM TRADES" setting into the ea for me to be able to set the trade limit so that as soon as the "maximum trades" is reached then the ea won't open any more trades until i re-attach it.
    Attached Files Attached Files

  6. #6

    Default Example of its trade

    aggressive scalper 50k System | Myfxbook and aggressive me scalper System | Myfxbook If we can put a maximum number of trade restriction then we have a holy grail.Imagine it had 20trades limit,that is alot of pip

  7. #7

    Default Example of trades

    aggressive scalper 50k System | Myfxbook and aggressive me scalper System | Myfxbook If we can put a maximum number of trade restriction then we have a holy grail.Imagine it had 20trades limit,that is alot of pip

  8. #8
    Junior Member
    Join Date
    Sep 2009
    Posts
    4

    Default EA trading with CandlePatterns

    Quote Originally Posted by rooster44 View Post
    My results were rather lackluster, but I barely optimized and had 25% data quality. Post your results! haha

    -Cheers!
    Just wondering if you could create a new EA or modify your MAClose EA to trade with candlestick patterns...will be much efficient

    1. Ability to trade in different time frames.

    2. Opening Trade: After closing of two similar candle patterns whether for buy or sell, it should open open a trade in the direction of the last two similar Candle stick pattern...otherwise wait for last two candles to be similar to open a trade.

    3. Exit Trade: It should wait to close the trade immediately until the formation of next candle pattern in opposite direction of the opened trade. And start all over again to repeat the same procedure as above to open a new trade.

    4. Adjustable TP, SL & TS. Default should be zero. // whichever hits first, SL or formation of opposite candles...should close position


    5.extern double OpenNumberOfcandles=2; // no. of candle patterns after which the EA will open trades
    extern double ExitNumberOfcandles=1; // formation of opposite candle(default is opposite i.e 1) or no. of candle patterns after which the EA will close trades...whichever chosen

    It will open more trades in M1 and less in H1. But it may help to test the best timeframes.


    Regards

  9. #9
    Junior Member
    Join Date
    May 2014
    Posts
    2

    Default

    Hi,
    it is a good idea, maybe SL is too tight, but it should work fine. I have seen a similar scalper working on real and apparently is working fine.

    Following the link: https://www.fxcopy.com/profile/BedalFX/A/trades

    With the right broker and the right settings, it should win more then loose.

    Besides, I believe that not many brokers allow this tight SL and TP.

    Thank you

  10. #10
    Junior Member
    Join Date
    May 2014
    Posts
    2

    Default

    Hi,
    it is a good idea, maybe SL is too tight, but it should work fine. I have seen a similar scalper working on real and apparently is working fine.

    Following the link: https://www.fxcopy.com/profile/BedalFX/A/trades

    With the right broker and the right settings, it should win more then loose.

    Besides, I believe that not many brokers allow this tight SL and TP.

    Thank you

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broker, brokers, candlestick, closing, ea trading, elite, indicators, real, scalper, scalping, sma, stoploss, system, test, thank you, time, trading, trailingstop, trend

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