FastScalp (By blu88100)

Gain : +931.97%
Drawdown 5.77%
Pips: 2890.2
Trades 1136
Won:
Lost:
Type: Real
Leverage: 1:150
Trading: Automated

FastScalp Discussion

May 02, 2012 at 11:52
9,412 Views
93 Replies
Member Since Jun 30, 2012   7 posts
Jul 01, 2012 at 06:22
@geek: so these trades are not GMT+0, then it explains why I cannot find those traded prices. So what is the correct time offset ?

Nobody is willing to pay a billion dollars for the 1 year old EA. This is for sure. Why to sell system cheaper if you can do it by your own. So this is not valid anymore.

Best of luck to all of you who are going to buy.
Member Since Jun 30, 2012   7 posts
Jul 01, 2012 at 06:25
Oh I forgot to comment also, that you are right. This system is not for sale yet. BUT it will be. It is very common technigue first to talk and introduce things in the spirit of community and when the lambs are ready there will be an offer.

I am very sure most of you are very clever buddies so use your own common sense.

If this system will not be for sale then I apologize my pessimistic approach and lesson learned.
Member Since Jun 30, 2012   7 posts
Jul 01, 2012 at 11:41
Member Since Jul 01, 2010   6 posts
Jul 01, 2012 at 13:19
tietaja, I used to be fair to those who do not know, even with those who are signing with a nickname, and prefers to remain anonymous.
Your tones are not the best.
Just because I'm not going to eat anyone, I decided to suspend indefinitely the sale of the system.

Just for those who have nothing else to do:

https://aijaa.com/0001110458799

If you are not convinced yet downloaded a platform 4XP and shows the market.
I thank all those who are interested and have posted valid comments and questions. Who is still interested and all you need to write me privately, please email me with your NAME and SURNAME. The anonymous are not welcome. If the system will never be sold will be contacted.

Thanks again to all especially to those who are trying their brokers with real accounts.
De la causa, principio et uno
pipsquick
forex_trader_21787
Member Since Nov 02, 2010   99 posts
Jul 01, 2012 at 14:51
Can you post your email address please, I sent you a PM but you have not responded yet Mr Pellegrino??
Member Since Jun 30, 2012   7 posts
Jul 01, 2012 at 19:34
So you don't see any problem here ?

You are trading prices which are not 'real'.

myfxbook.com charts, netdania.com charts and my broker's charts are showing the prices right but your broker's prices are something bad.

Now I understand why your system produces so good results.

I hope I have missed something badly but this is how I see this situation.
Member Since Jul 01, 2010   6 posts
Jul 01, 2012 at 22:15 (edited Jul 01, 2012 at 22:19)
I note with pleasure that does not even know to read a chart!!! You did not even realize that you have specified an incorrect time.
Who would be your broker?

Alpari NZ
https://aijaa.com/0006010462160

Pepperstone
https://aijaa.com/0061810462159

You said Myfxbook 4:16
https://aijaa.com/0068210462176

and also indicate their prices wrong??? Back to school newbee.
De la causa, principio et uno
Member Since Apr 08, 2011   153 posts
Jul 02, 2012 at 00:06
Stop talking crap, I can see the prices the EA used for entry on my ECN Broker. And also on 4XP it´s there, so all is good and even if the system just would work on 4XP it would be great.

Don´t let yourself put down by the comments, I would buy it and I hope you put it on sale soon!
Member Since Jun 03, 2011   17 posts
Jul 02, 2012 at 09:15
why 4xp? could you show other broker's result?
Valuable investment make you richer
Member Since Jun 30, 2012   7 posts
Jul 02, 2012 at 10:36
You are right F. Pellegrino.

I was sloppy and drunk.

Now I checked your trades and they all are valid.

People! This system looks GOOOD.
Member Since Oct 24, 2010   3 posts
Jul 02, 2012 at 12:15
Hi F. Pellegrino,
I've sent you 2 messages, I'm wondering if you received it? I don't care what other people said. let me know when you wanted to let us participate in the purchase. this is my email for contact, [email protected]
  Thanks
Member Since Oct 25, 2009   19 posts
Jul 03, 2012 at 10:15

   tietaja posted:
   You are right F. Pellegrino.

I was sloppy and drunk.

Now I checked your trades and they all are valid.

People! This system looks GOOOD.

hehe shit happens 😄
Member Since Nov 25, 2011   26 posts
Jul 03, 2012 at 15:54
Hi Blue,
FastScalp is still doing great! How do you think its trading will be affected when your account grows to be large? With bigger lot sizes, it might cause a delay in execution that could hurt the performance? I guess if you find a roll off in performance, you could always simply limit the lot size to some maximum amount perhaps.
Dan
Member Since May 24, 2012   49 posts
Jul 04, 2012 at 14:08
Hey pellegrino i sent a PM!
TRADE WHAT YOU EXPECT NOT WHAT YOU SEE :) !!!
Member Since May 01, 2012   11 posts
Jul 05, 2012 at 21:17

   islandTraderFX posted:
   Hi Blue,
FastScalp is still doing great! How do you think its trading will be affected when your account grows to be large? With bigger lot sizes, it might cause a delay in execution that could hurt the performance? I guess if you find a roll off in performance, you could always simply limit the lot size to some maximum amount perhaps.
Dan

Not to reveal much about this EA unless Pellegrino allows me to. I would say that the delay in the execution is one thing you do not really have to worry about.
This EA is definitely unlike any other EAs out there, I can assure you . Basically it looks out for short trends that are going to happen in the markets and quickly enters and exits with a very quick profit.
I would like to warn you that the results varies from broker to broker, well actually most EAs do.

In all honesty, if i am Pellegrino, i wouldn't even release this EA to public. ;)
There are so many people out there who will tell you that you can’t. What you’ve got to do is turn around and say, ‘watch me’
Member Since Nov 25, 2011   26 posts
Jul 06, 2012 at 03:48
@Jeremy,

I would not sell it either if I was him. Yeah, you are right... every EA has problems going from broker to broker.

It is ok for a private EA, because it is optimized for one broker, but it must be a real problem for selling and EA to the public for many brokers.

Are you working with Pellegrino? Both of you guys have some great work! I am just now getting into the tick domain, which seems to be the way to go if you want to get in and out in sub-M1 time frames.

Dan
Member Since May 01, 2012   11 posts
Jul 06, 2012 at 07:57
@Dan

Nope i am not working with Pellegrino but it would be cool to work with some people.
Thanks for the compliment! However those are still unreliable until forward/Live test are done.

Yeah,I believe tick works wonders and i personally hate leaving a trade over night especially if you wan to integrate it with other systems. As the equity will be affected which may result in a lower performance on both systems providing that you use MM.
There are so many people out there who will tell you that you can’t. What you’ve got to do is turn around and say, ‘watch me’
Member Since Jun 30, 2012   3 posts
Jul 06, 2012 at 18:58
Pellegrino - I sent you PM due to intrest in this EA. 😂
Member Since Jan 26, 2010   27 posts
Jul 06, 2012 at 22:09
Pellegrino,

I am interested in your EA. Can I buy it soon?
Member Since Sep 03, 2011   13 posts
Jul 09, 2012 at 00:20

   pipsquick posted:
   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.

Yeah scammy brokers/greedy markets makers(some banks) won't be happy...but have you ever heard of hft?..well yeah it has been in the fx markets for quite some time. To participate in the 'real' market(with good spreads) you need big money.
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