TrendScalping EA (By forex_trader_122035)
The user has deleted this system.
TrendScalping EA Discussion
forex_trader_122035
Member Since Apr 13, 2013
34 posts
Sep 18, 2015 at 19:32
Dear myfxbook users,
I would like to present you my automated trading system for trend trading. It always trades in the direction of the trend, so basically you are almost always going be trading on the right side of the market (excluding times, when the trend changes).
Now what's the trend. You might heard some definition higher highs/ higher lows => uptrend, lower highs/lower lows => downtrend. But on the chart it's more complicated.
So we are doing huge datamining simulations on historical data on our cloud servers. Examining thousands of trends on various timeframes. We have found out some traits, that chart is showing to you in 85+% of trends. Based on this knowledge we have developed a mechanical strategy that discovers trend in an early stage.
We are checking it on weekly timeframe. That enables us to deploy the bot on a trend, let it trade and not to worry about it for serveral weeks. Some trends last like from weeks to months. So basically, trading trends, we do care only about 3 things and our strategy checks all of them.
Good entries (based on great reward/risk) Overbought/oversold levelt (high probable areas where the pulback in the trend my start) Exhaustion of trend (sign of weakness and trend polarity change)
We have implemented best trading principles in our trading bot like entering on limit orders only, to protect the trader from negative slippage or spread widening, layering orders (not putting all eggs in one basket), configurable parameters to adjust the bot to any trader’s risk profile.
You can look at our trading results here: https://www.myfxbook.com/members/applesia1990/trendscalping-ea/1342601
This product is commercial very successful and you can order it on www.trendscalp.com with the voucher code MYFXB189 so that you can get now 10% discount.
Feel free to discuss the TrendScalping EA System here.
I would like to present you my automated trading system for trend trading. It always trades in the direction of the trend, so basically you are almost always going be trading on the right side of the market (excluding times, when the trend changes).
Now what's the trend. You might heard some definition higher highs/ higher lows => uptrend, lower highs/lower lows => downtrend. But on the chart it's more complicated.
So we are doing huge datamining simulations on historical data on our cloud servers. Examining thousands of trends on various timeframes. We have found out some traits, that chart is showing to you in 85+% of trends. Based on this knowledge we have developed a mechanical strategy that discovers trend in an early stage.
We are checking it on weekly timeframe. That enables us to deploy the bot on a trend, let it trade and not to worry about it for serveral weeks. Some trends last like from weeks to months. So basically, trading trends, we do care only about 3 things and our strategy checks all of them.
Good entries (based on great reward/risk) Overbought/oversold levelt (high probable areas where the pulback in the trend my start) Exhaustion of trend (sign of weakness and trend polarity change)
We have implemented best trading principles in our trading bot like entering on limit orders only, to protect the trader from negative slippage or spread widening, layering orders (not putting all eggs in one basket), configurable parameters to adjust the bot to any trader’s risk profile.
You can look at our trading results here: https://www.myfxbook.com/members/applesia1990/trendscalping-ea/1342601
This product is commercial very successful and you can order it on www.trendscalp.com with the voucher code MYFXB189 so that you can get now 10% discount.
Feel free to discuss the TrendScalping EA System here.
Sep 19, 2015 at 14:28
Hi applesia1990,
I have checked performance of your trading system and i find it awesome. 3 months of trading, over 200 trades and consistent winning. I'm considering to buy, however i have some questions before:
1. what broker do you recommend for it?
2. is the trading system sensitive on the spread size?
3. on what FX pairs this system works best?
4. what account size do you recommend for the start?
5. on which timeframe do you trade this?
Thanks for answering my questions.
I have checked performance of your trading system and i find it awesome. 3 months of trading, over 200 trades and consistent winning. I'm considering to buy, however i have some questions before:
1. what broker do you recommend for it?
2. is the trading system sensitive on the spread size?
3. on what FX pairs this system works best?
4. what account size do you recommend for the start?
5. on which timeframe do you trade this?
Thanks for answering my questions.
forex_trader_122035
Member Since Apr 13, 2013
34 posts
Sep 19, 2015 at 19:46
(edited Sep 19, 2015 at 20:07)
Thank you for your interest in my trading system.
TrendScalpingEA and I would like to answer your questions:
1. Recommending MyFxChoice or Hotforex.
2. Not at all. This trading system trades 24h/day in any market conditions, the bigger the volatility is, the better profits.
3. On all trending pairs. Essential part of the trading success is to trade only trends, because your odds are much bigger than if you would just trade against it or on non-trading pairs. That's what is most important in trading, trade only when the chance of getting into profit is high. Like said above, we have developed mechanical trading strategy for discovering trends and it comes pre-bundled with the EA.
4. I would recommend any account with 1K capital or above.
5. The beauty is, that this EA it timeframe independent, it means, time plays no role in its trading, as it trades 24h/day.
TrendScalpingEA and I would like to answer your questions:
1. Recommending MyFxChoice or Hotforex.
2. Not at all. This trading system trades 24h/day in any market conditions, the bigger the volatility is, the better profits.
3. On all trending pairs. Essential part of the trading success is to trade only trends, because your odds are much bigger than if you would just trade against it or on non-trading pairs. That's what is most important in trading, trade only when the chance of getting into profit is high. Like said above, we have developed mechanical trading strategy for discovering trends and it comes pre-bundled with the EA.
4. I would recommend any account with 1K capital or above.
5. The beauty is, that this EA it timeframe independent, it means, time plays no role in its trading, as it trades 24h/day.
forex_trader_122035
Member Since Apr 13, 2013
34 posts
Sep 19, 2015 at 20:14
@Nortstar
You can trade it with any broker you want (our recommendation of brokers, you will find on our website). Spread doesn't matter, as we use the word scalping for taking chunks of profits from the trend. And you can trade it on any pairs, that are currently in trend (for the defintion of trend, you will need to know the straegy from our trading guide, that is part of the EA).
You can trade it with any broker you want (our recommendation of brokers, you will find on our website). Spread doesn't matter, as we use the word scalping for taking chunks of profits from the trend. And you can trade it on any pairs, that are currently in trend (for the defintion of trend, you will need to know the straegy from our trading guide, that is part of the EA).
Sep 20, 2015 at 06:04
It's some type of grid strategy.
How are the losing 'floaters' closed? Those are always what crashes any grid system.
How are the losing 'floaters' closed? Those are always what crashes any grid system.
Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing.
Member Since Aug 25, 2015
1 posts
Sep 24, 2015 at 13:01
Hello, here is my review about the product !
At first it wasn't a very profitable bot but after experimenting with the parameters it shows extensive gains on my trading life without even lifting a finger! Now i can sleep in peace at night and work without caring about my account.
kind regard
At first it wasn't a very profitable bot but after experimenting with the parameters it shows extensive gains on my trading life without even lifting a finger! Now i can sleep in peace at night and work without caring about my account.
kind regard
forex_trader_122035
Member Since Apr 13, 2013
34 posts
Sep 24, 2015 at 14:32
Dear sgmanhunter,
we are glad that you like the EA and are trading profitable with our EA.
Your result is amazing, happy trading using the EA.
we are glad that you like the EA and are trading profitable with our EA.
Your result is amazing, happy trading using the EA.
forex_trader_122035
Member Since Apr 13, 2013
34 posts
Sep 24, 2015 at 15:09
(edited Sep 24, 2015 at 15:12)
@bhanu545
Yes, because we are always trading in the direction of trends. However sometimes trends are really choppy, so it might come to drawdown periods.
You should monitor our account for the next few days.
As we are already getting out of that drawdown zone.
Yes, because we are always trading in the direction of trends. However sometimes trends are really choppy, so it might come to drawdown periods.
You should monitor our account for the next few days.
As we are already getting out of that drawdown zone.
Oct 04, 2015 at 06:02
I bought this EA and need to say i really like it. It was really easy for me to start trading with this EA, all i needed to was follow the profitable strategy described in the trading guide, that was sent to me with the EA, when i bought it. Strategy told me which instruments are in a trend and i deployed the EA to trade them and set several parameters. I followed the rules precisely to the last point and the results are very amazing. I made 175% in September 2015.
@applesia1990 thank you for your amazing EA i'm very happy with it and i recommend it to all my friends.
@applesia1990 thank you for your amazing EA i'm very happy with it and i recommend it to all my friends.
forex_trader_122035
Member Since Apr 13, 2013
34 posts
Oct 08, 2015 at 07:37
@SubTh3ory
The spike UP in the profit was caused by: when we have traded NZDUSD and at that time this pair dropped 10% that day and as we are always trading with the trend we were able to get nice profit on it.
Regards
The spike UP in the profit was caused by: when we have traded NZDUSD and at that time this pair dropped 10% that day and as we are always trading with the trend we were able to get nice profit on it.
Regards
Oct 09, 2015 at 09:58
applesia1990 posted:
@SubTh3ory
The spike UP in the profit was caused by: when we have traded NZDUSD and at that time this pair dropped 10% that day and as we are always trading with the trend we were able to get nice profit on it.
Regards
Thank you for the response~!
Member Since May 20, 2011
724 posts
Oct 09, 2015 at 10:42
When I see 0 loss I am very skeptic. So many system like this, eventually one day they will fail. losses are to be celebrated.
