Posts by Chip4Pips
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Just curious which settings you are using for the unsupported pairs: GBPUSD and USDJPY.
Pretty risky scalping USDJPY during 22-23 GMT; however, live results look decent so far.
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Is this an Elite Section EA or one from your private collection? Just curious. Excellent work.
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This one looks likes it could be a stud.
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Well, equity protection doesn't look to work so well for me with a nine pairs setup. Too many open positions are eating up the drawdown buffer and stopping out more trades, compared to the default setup.
Looks like EURJPY is pretty solid so far with this logic.
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Looks like the default parameters are having a rough time with the two commodity pairs.
Given the highly correlated nature of the remaining test pairs, it seems logical that an equity protection EA running with a slightly wider stop of 10.0 than the default 6.7 may improve the equity curve. I'm running this setup now on my own forward demo test, along with the GBPJPY pair.
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Are you using the EURUSD M5 set file from the backtest, or have you optimized the settings for each individual pair? Just curious. Results look great, so far.
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[quote]pc8multifx posted:
You don't get it... Demo acc. are useless when it comes to show the real performance of these scalping EAs, no matter what sort of broker.
[/quote]
I don't find demos on traditional dealing desk accounts to be worth anything, and ECN/STP demos to be only slightly better than worthless. That's why I requested an ECN/STP demo, as it would be better than what we are currently looking at, but again, still not worth much.
I have personally experienced slippage live of as much as 10 full pips on entry using a scalper on an ECN that shall remain nameless, while the sam......
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Yeah, how about setting up a demo on an STP broker like Go Markets, or an ECN for that matter? Scalpers typically have done well on these brokers, so why not.
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What I mean is that the perf looks quite similar to an EA called FX Genius, which works great on demo, but is impractical for real world application. It arbitrages the latency between the price feed from two different brokers, and given how fast this one opens and close positions, the trade pattern that Dragon generates looks similar to me. In live trading the "slave" or slower broker always ends up requoting you to death, and you never get the fill the demo feed got.
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FX Genius anyone?
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