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Posts Tagged ‘scalpers’

In’s and Out’s

May 28th, 2009 Sam J No comments

OK, a big update here.

LMT is GONE because I can’t handle it’s bugginess currently.

Later on I’ll give it another go, probably in a month or two when a newer version is ready.

I’ve been searching for a good scalper over the past week, and found nothing.

After throwing away FAPt, I have learnt INCREADIBLE amounts about the forex market and how to optimize the EAs.

Sooooooo, I decided to pull FAPt back off the dusty old shelves and try a little FAPt optimizing.

Here is what I have come up with.

INs and OUTs

Out:

  • LMT Formula:

Can’t be bothered dealing with its bugs and the manual aspect.

Besides, there are many other, better, semi-manual EAs out there.

In:

Version=1.11

Stealth=TRUE

Aggressive=TRUE

GmtOffset=2.00000000

AutoGmtOffset=TRUE

RiskLevel=0.30000000

RecoveryMode=1

TradeStartHour=18

TradeEndHour=22

MaxOrder=5

TakeProfit=25.00000000

StopLoss=200.00000000

EURGBP (Running Two Instances for Different Time Periods):

UseScalperStrategy=TRUE

Scalper_UseMM=TRUE

Scalper_LotsRiskReductor=11.00000000

Scalper_UseAutoGMToffset=0

Scalper_ManualGMToffset=2

Scalper_StartWorkTimeHour=2

Scalper_EndWorkTimeHour=5

Scalper_EURGBP_TakeProfit=6

Scalper_EURGBP_StopLoss=28

Scalper_UseCustomLevels=0

Scalper_MaxSpread=5.00000000

&

UseScalperStrategy=TRUE

Scalper_UseMM=TRUE

Scalper_LotsRiskReductor=11.00000000

Scalper_UseAutoGMToffset=0

Scalper_ManualGMToffset=2

Scalper_StartWorkTimeHour=20

Scalper_EndWorkTimeHour=1

Scalper_EURGBP_TakeProfit=6

Scalper_EURGBP_StopLoss=28

Scalper_UseCustomLevels=0

Scalper_MaxSpread=5.00000000

EURCHF

UseScalperStrategy=TRUE

Scalper_UseMM=TRUE

Scalper_LotsRiskReductor=11.00000000

Scalper_UseAutoGMToffset=0

Scalper_ManualGMToffset=2

Scalper_StartWorkTimeHour=20

Scalper_EndWorkTimeHour=1

Scalper_EURCHF_TakeProfit=5

Scalper_EURCHF_StopLoss=53

Scalper_UseCustomLevels=0

Scalper_MaxSpread=5.00000000

 

——————————–

Looking foward to giving FAPt a second chance :D

Happy Trading,

Sam J

Forex Results 26th May ‘09

May 28th, 2009 Sam J No comments

Expert Advisor Trading

MegaDroid

Didn’t trade on the 26th

Euro-Blaster

Didn’t Trade on the 26th.

Semi-Manual Trading

LMT Formula

Only 2 Trades

+$4.91(+24 Pips)

USD/JPY

1 Trade

+$3.22 (+6 Pips)

GBP/USD

1 Trade

+$1.69 (+18 pips)

EUR/USD

No EUR/USD Trades on the 26th

Manual Trading

No manual trading for me on the 26th.

Total

+$4.91 for the day.
Still no where near my $20 per day target!
I’m looking for another bot or indicator that I can trade during the day, because I have  MD and EB both trading at times when I’m usually asleep :D
Maybe I best try a day scalper.
Might try out FAPt’s scalpers for a while and see if they have improved at all.

Today:

I’ll get FAPt scalper setup.
———————
Cheers,
Sam J