ForPipSake 1 minute scalper EUR/USD (By whicked)
The user has deleted this strategy.
ForPipSake 1 minute scalper EUR/USD Discussion
Oct 06, 2013 at 17:48
Current EA still underdevelopment. Current system uses a set lot size.
Modifications underway:
- MM system
- Minor tweaks to entry and exit
- Currently testing with EU, GU, EJ, GJ
Current features:
- Trade with trend - EA works on any timeframe
- Set TP and SL
- News filter - does not trade with news, customizable to trade low medium or other types of news or disable trading
Please discuss if you have any questions.
Modifications underway:
- MM system
- Minor tweaks to entry and exit
- Currently testing with EU, GU, EJ, GJ
Current features:
- Trade with trend - EA works on any timeframe
- Set TP and SL
- News filter - does not trade with news, customizable to trade low medium or other types of news or disable trading
Please discuss if you have any questions.
I do not follow the path of others, I create my own path and leave a trail behind me
Oct 07, 2013 at 19:02
Additional features added:
- Slippage now in use
- Trailing Stop is now available
- Break even setting is now available
Modifications underway:
- MM system
- Slippage now in use
- Trailing Stop is now available
- Break even setting is now available
Modifications underway:
- MM system
I do not follow the path of others, I create my own path and leave a trail behind me
Member Since Nov 03, 2013
1 posts
Nov 04, 2013 at 07:25
Hey whicked,
Where can I get a copy of your EA?
Where can I get a copy of your EA?
Nov 05, 2013 at 07:28
Hello AussieForexMelb,
Currently we are optimizing and backtesting/walk-forward testing the EA and making modifications to it. Once it is available we will let those that are interested know.
Currently we are optimizing and backtesting/walk-forward testing the EA and making modifications to it. Once it is available we will let those that are interested know.
I do not follow the path of others, I create my own path and leave a trail behind me
Member Since Dec 15, 2010
795 posts
Dec 12, 2013 at 20:20
KIeep us in touch..
aloha
Garry
aloha
Garry
Click on my Name to see My Live Charts and Bio.
Dec 15, 2013 at 09:32
Agreed, it seems good, but as we all know, M1 scalpers in BT should be taken with extreme caution as there is no slippage/requote in BTs. It also doesn't take into account the delay to execute a trade.
A smooth sea never made a skillful sailor.
Member Since May 04, 2012
1608 posts
Dec 16, 2013 at 05:40
(edited Dec 16, 2013 at 05:41)
Thalantas posted:
Agreed, it seems good, but as we all know, M1 scalpers in BT should be taken with extreme caution as there is no slippage/requote in BTs. It also doesn't take into account the delay to execute a trade.
Yes, Thalantas is absolutely right. Slippage and execution delays are HUGE FACTORS for scalpers. Any demo statistics for a scalper are practically useless.
I wonder why this strategy has not been forward tested on a LIVE account - even on a very small account...
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Dec 19, 2013 at 07:12
Hello all,
Just an update. The EA has been trading on our customers accounts and with great success. We have actually had % or profit on very small lot sizes (0.01-0.05 trades). The accounts range from $250.00 to the thousands.
The slippage and filling of orders is a huge factor I agree. We currently are using a broker and have had no issues will filling of orders with scalping in mind. The usual time of filling of orders is 1-2 seconds, even through major news events.
As well, we are working on a much bigger trading system and hope to have results from that system soon. However, for those that are interested, please feel free to message me for more information.
As well, the EA is owned by a company and is incorporated. The broker that we use is based within Finland and has segregated funds.
Thanks all for the interest. We hope to share the live trading results here soon.
Just an update. The EA has been trading on our customers accounts and with great success. We have actually had % or profit on very small lot sizes (0.01-0.05 trades). The accounts range from $250.00 to the thousands.
The slippage and filling of orders is a huge factor I agree. We currently are using a broker and have had no issues will filling of orders with scalping in mind. The usual time of filling of orders is 1-2 seconds, even through major news events.
As well, we are working on a much bigger trading system and hope to have results from that system soon. However, for those that are interested, please feel free to message me for more information.
As well, the EA is owned by a company and is incorporated. The broker that we use is based within Finland and has segregated funds.
Thanks all for the interest. We hope to share the live trading results here soon.
I do not follow the path of others, I create my own path and leave a trail behind me
Member Since Dec 15, 2010
795 posts
Dec 30, 2013 at 08:34
Pretty good chart... a tad better than mine. SMile
Click on my Name to see My Live Charts and Bio.
Member Since Dec 27, 2013
42 posts
Jan 06, 2014 at 06:39
Why do I only see 3 months of data on your track record? What happened to the past 6 months???????
When the waves are good- Ride them, If they are not, wait for the next set
Jan 06, 2014 at 07:49
JC,
The results you are seeing are just a strategy test run. Currently we are working on getting the real account information available.
The system that you see above was a beta system and has evolved in to a large data system capable of calculating very high probability trades. Most refer to the system as a neural network.
We are currently still running the above system, but some of our clients/customers are now trying out the 'neural network' EA that we are developing.
Best Regards,
whicked
The results you are seeing are just a strategy test run. Currently we are working on getting the real account information available.
The system that you see above was a beta system and has evolved in to a large data system capable of calculating very high probability trades. Most refer to the system as a neural network.
We are currently still running the above system, but some of our clients/customers are now trying out the 'neural network' EA that we are developing.
Best Regards,
whicked
I do not follow the path of others, I create my own path and leave a trail behind me
Jan 06, 2014 at 20:01
Here are the live accounts with the EA. We just started collecting the data.
https://www.myfxbook.com/members/NextGenFX/fps-trader/785898
https://www.myfxbook.com/members/NextGenFX/fps-trader-multi-pair/796027
https://www.myfxbook.com/members/NextGenFX/fps-main-trader/796032
Thanks
https://www.myfxbook.com/members/NextGenFX/fps-trader/785898
https://www.myfxbook.com/members/NextGenFX/fps-trader-multi-pair/796027
https://www.myfxbook.com/members/NextGenFX/fps-main-trader/796032
Thanks
I do not follow the path of others, I create my own path and leave a trail behind me
Member Since Oct 28, 2009
1435 posts
Jan 08, 2014 at 14:41
Looks interesting and an expectancy of 6.1 pips should soak up a fair amount of slippage on live accounts. I'd certainly be interested in taking a look at this. Message me with further details please.
Best regards Steve
Best regards Steve
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Member Since Dec 27, 2013
42 posts
Jan 08, 2014 at 16:02
I see.. The first live account looks great.. Best of luck!
When the waves are good- Ride them, If they are not, wait for the next set
