ShareFastScalp (by blu88100) Quick Stats
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FastScalp Discussion
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Member Since Mar 23, 2012 9 posts
Feeko
Jun 14 2012 at 12:30
hello blue
is this ea for sale? if so, where can i find out more about it? |
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Member Since Jan 12, 2012 1 posts
PIPermint
Jun 22 2012 at 14:33
Ciao amico!
Che EA stai usando?. sembra FAP Turbo Quali sono le settings? Grazie. |
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Member Since Jul 01, 2010 6 posts
F. Pellegrino (blu88100)
Jun 22 2012 at 15:20
Hello everyone, FastScalp is a system of non-traditional scalping. It has nothing to do with other systems on the market. Work on the Majors, has an indicator that we have created that analyzes the volatility of the market instantly and tries to identify Microtrend very short term. By next month we will do a test sale. We are evaluating the price and method of placement. Thanks and see you soon.
De la causa, principio et uno |
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Member Since Apr 08, 2011 122 posts
geektrader
Jun 23 2012 at 05:13
(edited Jun 23 2012 at 05:20 )
Very interesting EA, seems like it is not just scalping spikes. Nice work if that works live indeed. I just find the broker 4XP a bit suspicious since they have a lot bad reviews on the net (which account are you using there, the classic or ECN?). Does this EA work with 'serious' brokers as well, like Armada Markets or LMAX, etc? Is it possible to preview / beta-test your EA? Do you have a website for the test-sale yet? Thank you.
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Member Since Dec 06, 2010 4 posts
Sustratus
Jun 23 2012 at 11:18
Does it mean instant volatillity = daily volatility?. Microtrend must be identified in 1 m. TF chart? In any case Thanks Pellegrino.
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Member Since Oct 03, 2010 78 posts
jsintl
Jun 23 2012 at 14:55
Very interesting EA. Any idea about the cost of this EA?
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Member Since Nov 25, 2011 22 posts
Dan (islandTraderFX)
Jun 24 2012 at 03:16
What 4XP account do you use? You state 200:1, but the classic 4xP account is 300:1, and the ECN is 150:1, so I was wondering what type you use.
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Member Since Jul 01, 2010 6 posts
F. Pellegrino (blu88100)
Jun 24 2012 at 12:20
(edited Jun 24 2012 at 12:51 )
Hello everybody.
We are currently working with 4XP and we are arranging for the system to Lmax and Sunbird. We are testing several other brokers but at this time 4XP is the broker that we perform better. The account is an ECN, the leverage is 150:1 (apologize for the error). We are evaluating the price and method of placement of the EA. The website will be available shortly. And you can find the commercial an tecnical answers you seek. Thanks and see you soon. De la causa, principio et uno |
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Member Since Nov 02, 2010 25 posts
pipsquick
Jun 24 2012 at 18:47
Mr Pellegrino this seems to be a arbitrage EA, and you can call it what ever you want but this is clearly an EA that most brokers will not tolerate sir, which makes it almost worthless.
Even if it actually was not based on arbitrage concept the average trade time is 30 seconds which will not make any bank (liquidity provider) very happy. So once you start getting into the big money the banks will simply widen the spreads which will kill any performance as per say. |
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Member Since Apr 08, 2011 122 posts
geektrader
Jun 24 2012 at 20:18
That´s not true, it´s a kind of a tick-scalper that trades on spikes as I see from the trade history and there are many other tick-scalpers that work just fine with a good broker. Number One, NMI Super Scalper (just look at MyFxBook in various account statements for these EAs), etc etc all do well. Spread-widening happens if the broker deals against you, with a market marker! But on a serious ECN broker they are happy the more you trade because they get commission and you trade on the real market.
The problems you are mentioning does not apply anymore nowadays with a good ECN brokers. I as an example, run NMI Super Scalper with great results on various ECN brokers for months (and my own tick-scalper for over 1,5 years) without any problems. And my average trade-duration is about 20 seconds and less. Surely if you go to a ugly market maker wich such a EA you will get kicked, but there are more than enough good ECN brokers nowadays like Armada Markets, FXPig, Pepperstone Razor where such EAs do wonderful. Just see: http://www.myfxbook.com/members/Lorenzo Those are all real accounts with great results and average trade-duration is as quick as this EA here. Same here: http://www.myfxbook.com/members/NewMillenniumInc/nmi-super-scalper-v111-v115/293402 |
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