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TrendScalping EA (By applesia1990 )

The user has deleted this system.

TrendScalping EA Discussion

Sep 18 2015 at 19:32
34 posts
Dear myfxbook users,

I would like to present you my automated trading system for trend trading. It always trades in the direction of the trend, so basically you are almost always going be trading on the right side of the market (excluding times, when the trend changes).

Now what's the trend. You might heard some definition higher highs/ higher lows => uptrend, lower highs/lower lows => downtrend. But on the chart it's more complicated.

So we are doing huge datamining simulations on historical data on our cloud servers. Examining thousands of trends on various timeframes. We have found out some traits, that chart is showing to you in 85+% of trends. Based on this knowledge we have developed a mechanical strategy that discovers trend in an early stage.

We are checking it on weekly timeframe. That enables us to deploy the bot on a trend, let it trade and not to worry about it for serveral weeks. Some trends last like from weeks to months. So basically, trading trends, we do care only about 3 things and our strategy checks all of them.

Good entries (based on great reward/risk) Overbought/oversold levelt (high probable areas where the pulback in the trend my start) Exhaustion of trend (sign of weakness and trend polarity change)

We have implemented best trading principles in our trading bot like entering on limit orders only, to protect the trader from negative slippage or spread widening, layering orders (not putting all eggs in one basket), configurable parameters to adjust the bot to any trader’s risk profile.

You can look at our trading results here:
This product is commercial very successful and you can order it on with the voucher code MYFXB189 so that you can get now 10% discount.

Feel free to discuss the TrendScalping EA System here.

Sep 19 2015 at 10:31
17 posts
Hello, is this ea broker sensitive, does it ned low spred or very low spread. Does it trade other pair than you show.

Sep 19 2015 at 14:28
94 posts
Hi applesia1990,

I have checked performance of your trading system and i find it awesome. 3 months of trading, over 200 trades and consistent winning. I'm considering to buy, however i have some questions before:
1. what broker do you recommend for it?
2. is the trading system sensitive on the spread size?
3. on what FX pairs this system works best?
4. what account size do you recommend for the start?
5. on which timeframe do you trade this?

Thanks for answering my questions.

Sep 19 2015 at 16:37
10 posts
it is good if u can show us your history of trades as well.

Sep 19 2015 at 19:46
34 posts
Thank you for your interest in my trading system.

TrendScalpingEA and I would like to answer your questions:
1. Recommending MyFxChoice or Hotforex.
2. Not at all. This trading system trades 24h/day in any market conditions, the bigger the volatility is, the better profits.
3. On all trending pairs. Essential part of the trading success is to trade only trends, because your odds are much bigger than if you would just trade against it or on non-trading pairs. That's what is most important in trading, trade only when the chance of getting into profit is high. Like said above, we have developed mechanical trading strategy for discovering trends and it comes pre-bundled with the EA.
4. I would recommend any account with 1K capital or above.
5. The beauty is, that this EA it timeframe independent, it means, time plays no role in its trading, as it trades 24h/day.

Sep 19 2015 at 20:14
34 posts

You can trade it with any broker you want (our recommendation of brokers, you will find on our website). Spread doesn't matter, as we use the word scalping for taking chunks of profits from the trend. And you can trade it on any pairs, that are currently in trend (for the defintion of trend, you will need to know the straegy from our trading guide, that is part of the EA).

Sep 20 2015 at 06:04
10 posts
It's some type of grid strategy.

How are the losing 'floaters' closed? Those are always what crashes any grid system.

Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing.
Sep 20 2015 at 21:42
34 posts

There are several techniques used in combination with trend trading and the losses are accepted, when the trend changes or the stoploss is hit.

Sep 24 2015 at 13:01
1 posts
Hello, here is my review about the product !

At first it wasn't a very profitable bot but after experimenting with the parameters it shows extensive gains on my trading life without even lifting a finger! Now i can sleep in peace at night and work without caring about my account.

kind regard

Sep 24 2015 at 14:32
34 posts
Dear sgmanhunter,

we are glad that you like the EA and are trading profitable with our EA.

Your result is amazing, happy trading using the EA.

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