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scalper strategy on Gold

#41
(05-17-2019, 08:43 AM)bobby2001hk Wrote: do you dare to use it on real money? Confused

Of course not, I never believe the tests on the demo. If even on a test 99% gives a bad result, it makes no sense to even try. I try only sets that give a good result on the test. But this also does not give you any guarantees on a real account.
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#42
(05-17-2019, 10:50 AM)dmitrir Wrote: Of course not, I never believe the tests on the demo. If even on a test 99% gives a bad result, it makes no sense to even try. I try only sets that give a good result on the test. But this also does not give you any guarantees on a real account.

so now, is the result on MFB good enough to make you use it on real?
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#43
(04-02-2019, 09:06 AM)nwesterhuijs Wrote: As far as I am aware it is not slashed to 30:1 because you live in France but because Cyprus (the country your broker resides in) is part of the EU and as such need to stick ESMA regulations. I reside in the Netherlands, when it concerns FX trading, and had no issues to switch to Australian based brokers with the leverages indicated earlier. Give it a shot and you might be surprised. 

Not sure it works with 30:1 leverage, but you can demo it and see how it works and maybe also demo it with GP or IC at higher leverage (generally lower leverage needs compensation with account balance). Since MM is on I normally have either

1a)  New Risk = (Original Risk/Original Leverage)*New Leverage

whereby I ensure that the minimum lot size calculated needs to equal 0.01 or higher (as a start generally first 0.01)

1b) Minimum lot size = ((AccountBalance*Leverage)/Broker_Contract_Size)*Risk/100 

This setfile has a real take profit and if I am not mistaken (not behind a terminal now to confirm) also an EquityTrail. You can let the real TP take control, but normally I would adjust the EquityTrail in a similar way: 

2)  New EquityTrail% = (Original EquityTrail/Original Leverage)*New Leverage

-----------------------------------------------------------------------------------------------------

I would say check out the Australian broker option, because it is a good alternative for EU residents. 

If any other users have input on setfile modification to fit a different leverage, please share, since I might be limited in my knowledge and approach as well. 

Cheers,

Norbert

Hi nwesterhuijs hi hassanov2007 

Since 2 weeks I launched on a demo account the robot and it works correctly for the moment without loss.

However I would like to understand how the robot calculates the 1st trade.

Balance Demo : 10 000USD
Leverage : 200:1
Robot : 4.81
Risk : 0.2

If I understand the new method of calculating the 1st trade

Minimum lot size = ((AccountBalance*Leverage)/Broker_Contract_Size)*Risk/100 
Minimum lot size = ((10000*200)/100000)*0.2/100 = 0.04

But in reality it opens at 0.33

Where is my mistakes ?


Attached Files Thumbnail(s)
   
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#44
(05-16-2019, 08:52 PM)bobby2001hk Wrote: maybe.
why you set 30% VT?  is it better to use higher like 50 in real trading?
in backtest, it blow account every 3 or 4 months

i just saw that 30% on gold is good for scalping 

let us see if will blow in the forward test better than BT Big Grin
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#45
(05-17-2019, 02:43 PM)hassanov2007 Wrote: i just saw that 30% on gold is good for scalping 

let us see if will blow in the forward test better than BT Big Grin
hi 

just a quick ques on your gold scalper , why has it got a actual TP 29 and also uses the equity trail ? 

many thanks !
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#46
(01-30-2019, 05:43 PM)hassanov2007 Wrote: ______________
UPDATE: I have added new account (details as below) for the strategy.
______________


Hello Guys

I'm posting here my scalper strategy using 4.81 Flex EA version on GOLD only (one chart)


Details as follows:

Account Balance: 5000$
Leverage: 1:500
Broker: Fxopen

Pair: XAUUSD only 
Time Frame: H4
------------------------
TP: 29
Add to TP: 5
SL: 0
Pipstep: 21
Lot Multiplier: 1.7
Max Buy/Sell: 15
Risk: 0.2
Equity Trail TP: 0.8
Equity Trail SL: 0.4
News Filter: Turned ON (120Min before and after)
Working Days: Monday to Thursday 

MQL5 Link:
[/url][url=https://www.mql5.com/en/signals/573260]https://www.mql5.com/en/signals/573260

Myfxbook Link:
https://www.myfxbook.com/members/hassano...-2/3287271

Any feedback would be greatly appreciated. Thank you

Have you gone real with this, it looks great! Nice job!
Saving up for that private island. Cool
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#47
(05-17-2019, 09:55 PM)charlieb2019 Wrote: hi 

just a quick ques on your gold scalper , why has it got a actual TP 29 and also uses the equity trail ? 

many thanks !

I prefer to control the profits through two ways, sometimes the price will not hit the fixed TP so the best to reserve some of profits using the equity trail at least before the price goes in the wrong direction

(05-18-2019, 05:12 PM)geoholt3 Wrote: Have you gone real with this, it looks great! Nice job!

No, I have not, its early to go real i need more time to make sure its good enough

Thank you  Blush
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#48
(05-18-2019, 11:48 PM)hassanov2007 Wrote: I prefer to control the profits through two ways, sometimes the price will not hit the fixed TP so the best to reserve some of profits using the equity trail at least before the price goes in the wrong direction


No, I have not, its early to go real i need more time to make sure its good enough

Thank you  Blush

how long the testing need to use in real?
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#49
(05-19-2019, 01:05 PM)bobby2001hk Wrote: how long the testing need to use in real?

Not less than 3 months
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#50
hi hassanov2007 

I don't know why i have this error 

order buy 0.05 XAUUSD opening at 1287.17 sl: 0.00 tp: 0.00 failed [Invalid S/L or T/P]

How it's posible when EA tried to start a trade he has 0 for the T/P ?

However the values are those : 

RealTakeProfit=29
AddToTP=5
RealStopLoss=0
TrailingMode=2
TrailingStep=2.0
TrailTP=5.0
TrailSL=5.0
EquityTrailStep=0.0
EquityTrailTP=0.8
EquityTrailSL=0.4


Attached Files
.set   AY.set (Size: 4.8 KB / Downloads: 13)
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