Best Scalper (By forexgermany)
| Gain : | +1713.7% |
| Drawdown | 59.72% |
| Pips: | 3627.9 |
| Trades | 3655 |
| Won: |
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| Lost: |
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| Type: | Real |
| Leverage: | 1:500 |
| Trading: | Automated |
Best Scalper Discussion
Jan 23, 2019 at 07:40
I used to think this was one of the best strategies on myfxbook. Sometimes I wonder if the successful strategies here are simply just lucky. All the ones that do not succeed simply would be deleted. But this system compared to a lot is still pretty good. Saying that my faith in forex as a long term investment is not that high. Overtime 4 years plus it appears that all strategies eventually go into large drawdown.
slowlikepanda@
Jan 23, 2019 at 07:52
the new version has been online, you can upgrade to ver 23.
as you know the hard year in 2018 year, most market situation was so bad , due to BEXIT and abnormal world market economy issue, but we are still alive, not like other strategy go to dead.
as you know the hard year in 2018 year, most market situation was so bad , due to BEXIT and abnormal world market economy issue, but we are still alive, not like other strategy go to dead.
Jan 23, 2019 at 11:34
EOSFX posted:
the new version has been online, you can upgrade to ver 23.
as you know the hard year in 2018 year, most market situation was so bad , due to BEXIT and abnormal world market economy issue, but we are still alive, not like other strategy go to dead.
And you are completely right. No matter if you have a temporarily loses. The main thing - you are still in the game!
Member Since Apr 28, 2012
231 posts
Jan 23, 2019 at 11:39
@RoboFX123 How small?
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Member Since Aug 22, 2012
170 posts
Jan 24, 2019 at 03:02
@forexgermany Are you using version 2.3 with the new set files?
Member Since Apr 06, 2018
254 posts
Jan 29, 2019 at 07:32
slpanda posted:Night scalper is a profitable strategy. Best Scalper trade only major pair EURUSD/GBPUSD. But from my experience Night scalpers best suited for cross currency pair. If this EA also trade cross then there may be low volatility and better return on capital.
I used to think this was one of the best strategies on myfxbook. Sometimes I wonder if the successful strategies here are simply just lucky. All the ones that do not succeed simply would be deleted. But this system compared to a lot is still pretty good. Saying that my faith in forex as a long term investment is not that high. Overtime 4 years plus it appears that all strategies eventually go into large drawdown.
The market will trade through it’s path of least resistance .
Member Since Oct 04, 2010
147 posts
Feb 06, 2019 at 21:51
The account was upgraded to version 2.3 running the new set files last weekend.
Member Since Apr 28, 2012
231 posts
Mar 28, 2019 at 08:54
@forexgermany Did you suspend trading on the 27th in light of the Brexit vote?
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Member Since Oct 04, 2010
147 posts
Mar 28, 2019 at 11:09
Nope.
Member Since Apr 28, 2012
231 posts
Mar 28, 2019 at 17:44
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Dec 10, 2019 at 12:23
@forexgermany I see your latest trades have different open trade than usual, is there any change on the setfile? If so, what changes are they? Do you mind to share the setfile?
Thanks a lot.
Thanks a lot.
Member Since Oct 04, 2010
147 posts
Dec 10, 2019 at 20:08
That wasn't intended - just the old auto EST offset bug (-6 instead of +7).
Member Since Apr 28, 2012
231 posts
Dec 12, 2019 at 22:32
(edited Dec 12, 2019 at 22:32)
Best Scalper looks like it just opened a bugged position: a killer sell order with no stop loss and no TP which is completely uncharacteristic of the EA during the UK election.
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Member Since Apr 28, 2012
231 posts
Dec 15, 2019 at 21:55
@Afron to be fair, the EA is still profitable over time per @forexgermany 's account, even with this factored in.
Having said that though, I advised the maker of the EA to feature a check on positions for their TPs/SLs, and if there are none, to either set the appropriate TP/SL, or close the position if the gain or loss would trigger the TP/SL normally.
Hopefully we'll see a patch/update soon.
Having said that though, I advised the maker of the EA to feature a check on positions for their TPs/SLs, and if there are none, to either set the appropriate TP/SL, or close the position if the gain or loss would trigger the TP/SL normally.
Hopefully we'll see a patch/update soon.
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Member Since Oct 04, 2010
147 posts
Dec 16, 2019 at 19:35
Surrealistik posted:
Best Scalper looks like it just opened a bugged position: a killer sell order with no stop loss and no TP which is completely uncharacteristic of the EA during the UK election.
I have checked the logs. The EA didn't even try to set SL/TP or to close the order earlier. However, I was lucky. The order was opened miles away from the limit, otherwise I would have lost more than twice as much.
Member Since Apr 28, 2012
231 posts
Dec 16, 2019 at 23:34
Another issue I've noticed is that when there is a strong move, pending orders do not seem to account for this in a timely fashion. For example, a GBPUSD buy order was triggered during a strong move down, and then was immediately liquidated at a loss before even the 15 minute candle close.
If the EA could account for and recognise such strong moves, adjust pendings accordingly, it may help with performance.
Alternately, it might account for heavier than usual volatility by opting not to trade at all.
If the EA could account for and recognise such strong moves, adjust pendings accordingly, it may help with performance.
Alternately, it might account for heavier than usual volatility by opting not to trade at all.
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Dec 17, 2020 at 09:53
