Hi guys, I’m a MQL programmer and would like to provide You with my services.
Since I’m new here, it’s a good idea to start with some community projects - I would like to code few things exclusively for babypips users. Preferably some supporting scripts/indicators for manual scalping as I became a fan of it recently
I’m waiting for Your ideas that we could all benefit from
I just read the Cheetah thread and didn’t like it.
Entries based on 2-bar hi/lo are as good as random, they don’t give You any edge over the market. His exit rules are blurry(if they exist at all). System was supposed to be traded with success for a long time and based on daily hi/lo levels only - this has suddenly changed, a bit BS too me.
I can write an expert that would place buy/sell stop once per day but with fixed SL and TP it would be a total loser - trades would have to be managed disctretionary.
Wouldn’t it be better to have just an indicator that sounds an alert, or even sends an email, when price approaches 2-day H/L ? This way You could decide if You want to take the trade and manage it by yourself.
How are demo forward tests useless when it comes to scalpers? I have no interest in testing it on a micro live account, I feel like if it works on a forward tested demo account…then it works, if it doesn’t…it doesn’t xD
I just sent a link where You can see a guy making $1billion from $1k in less than 24hours with his demo-scalper and You are still claiming that there’s no big difference between trading demo and trading live? :eek:
Keywords for You: slippage, requotes, lagging datafeed, broker’s policy re scalping -those are the main reasons why demo results will always be much, much better than live.
lol…that isn’t with all brokers mate. gcg apparently has a a terrible datafeed…i’ve never even heard of that broker. i feel pretty confident that if you were to forward test on a demo account with a decent broker…your results might be a little different. To quote the author of the ea results you sent me: “GCG has an extremely slow feed and, from what I’ve been reading, is a very dishonest broker”…might wanna look more into the broker’s your testing your stuff on mate ;D
@ the well known fact about scalping…if you mean taking advantage of mediocre data feeds then yes i agree
@ the question: I don’t trade systems that do not suit my trading style…if i am not comfortable with it for whatever reason–whether it be trading style, parameters, or wtv–additionally, even if it did suit my trading style, i don’t have the capital atm to invest in a live account that would be worth it (making a living off of imo) so ye…hope that answers your question
You haven’t even tested fully automated system of Your own design on live account because it doesn’t suit your trading style. Well… in some way it does answer all my questions.