Scalper.. (By EAScalper)

The user has deleted this system.

Scalper.. Discussion

Sep 24, 2010 at 18:08
1,144 Views
14 Replies
Member Since Jul 21, 2010   106 posts
Sep 29, 2010 at 00:32
nice trading, please,what EA are you using?
Member Since Feb 16, 2010   1332 posts
Sep 29, 2010 at 05:47
It's our comrade fxlucky(Vip21K) under new identity because he's ashamed of what he has written under the fxlucky(Vip21K) profile. He's obviously trying to escape from the past.😀

It's all here if you wanna see who you're dealing with, read system comments: https://www.myfxbook.com/members/fxlucky
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Feb 16, 2010   1332 posts
Sep 29, 2010 at 05:53 (edited Sep 29, 2010 at 06:14)
temitope123 posted:
    nice trading, please,what EA are you using?

But anyway I have to agree with you, nice results. If only fxlucky could change that 'broker'. Digital Dealing puts some mistery and shadows here, I don't know if it's a broker or some 2-nd hand PC with MT4 server in a basement somewhere in the big Russia as Stephanus likes to say.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Sep 23, 2010   3 posts
Sep 29, 2010 at 12:09

temitope123 posted:
    nice trading, please,what EA are you using?



Yes, it's one of my projects.
Member Since Aug 22, 2009   52 posts
Oct 03, 2010 at 20:17
Hi,

1.How many pips is the maximum stop loss ? Is it 52 pips ?

2.What are the hours that this ea trades ? does it trade 24 hours a day or just certain hours ?

3.Did you backetst this ea ? if yes for how many years and how were the results ?

4.Will it work on an ECN broker ?

thank you
Member Since Sep 23, 2010   3 posts
Oct 03, 2010 at 20:30 (edited Oct 03, 2010 at 20:32)
Hi,

1. Feet are visible in the positions for each having a calculator is not hard to calculate...

2. Yes, the robot trades around the clock...

3. It is easy...

4. Needs to trade on ECN accounts do not, if need be made under the ECN account.
 (ECN, it is not a broker, a technology transfer orders)
Member Since Aug 22, 2009   52 posts
Oct 04, 2010 at 02:07
Are you planning to limit how many copies of the ea you will sell ? If yes,then what is the limit ?

Thank you
Member Since Sep 04, 2009   879 posts
Oct 04, 2010 at 02:48
LOL
Member Since Sep 26, 2009   3 posts
Oct 04, 2010 at 13:56
it uses martingale
Member Since Feb 16, 2010   1332 posts
Oct 04, 2010 at 14:23 (edited Oct 04, 2010 at 14:35)
kript posted:
    it uses martingale

Good observation, I hadn't looked deeper. I wonder how it will look when 2 x 0.1 lots and the 0.3 lots hammer hit the SL all together - it will be a massacre.
That will happen some day, inevitable.

Basically it's the same as https://www.myfxbook.com/members/MQLHome/smart-scalper-11/34421 which is exactly a ticking time bomb.
In fact, looking at the trades I think it's repacked and rebranded Smart Scalper.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Sep 23, 2010   3 posts
Oct 04, 2010 at 15:02

forexma posted:
    
kript posted:
    it uses martingale

Good observation, I hadn't looked deeper. I wonder how it will look when 2 x 0.1 lots and the 0.3 lots hammer hit the SL all together - it will be a massacre.
That will happen some day, inevitable.

Basically it's the same as https://www.myfxbook.com/members/MQLHome/smart-scalper-11/34421 which is exactly a ticking time bomb.
In fact, looking at the trades I think it's repacked and rebranded Smart Scalper.


Maybe they look than what I'm tired of you and I always argue SOLAR. Disputes with people like you SOLAR, I do not care. All the questions only on the merits, I'm not going to another war, people do not understand that either.

 SOLAR, Or maybe you already have enough foolishness to suffer?
Member Since Feb 16, 2010   1332 posts
Oct 04, 2010 at 15:11 (edited Oct 04, 2010 at 15:15)
We have the history and the SL values.
So... if it hits triple stop loss it will look like this:
1-st trade: 0.1 lots X 150 pips SL = -$150
2-nd trade: 0.1 lots X 120 pips SL = -$120
3-rd trade: 0.3 lots X 70 pips SL = -$210
= -$480 loss.

This is inevitable. If that had happened in the beginning it would have wiped the whole account.
BUT the probability this to happen is even bigger because it trades 2 pairs unlike Smart Scalper which trades EURUSD only.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Feb 16, 2010   1332 posts
Oct 05, 2010 at 15:10
Would you update this account?
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Feb 16, 2010   1332 posts
Oct 15, 2010 at 16:14

forexma posted:
    We have the history and the SL values.
So... if it hits triple stop loss it will look like this:
1-st trade: 0.1 lots X 150 pips SL = -$150
2-nd trade: 0.1 lots X 120 pips SL = -$120
3-rd trade: 0.3 lots X 70 pips SL = -$210
= -$480 loss.

This is inevitable. If that had happened in the beginning it would have wiped the whole account.
BUT the probability this to happen is even bigger because it trades 2 pairs unlike Smart Scalper which trades EURUSD only.

And it happened:
https://www.forexpeacearmy.com/metatrader_expert_advisor/ea_scalper/real
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Member Since Feb 16, 2010   1332 posts
Oct 15, 2010 at 16:18
<a href='' target='_blank'><img src=''/></a>

Attachments:

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.