Performance based on SaadScalper:   https://www.mql5.com/en/signals/129208  

Interesting equity curve.....if you like to take HUGE risks smashing the account to ZERO :) But wait a moment, i'm done complaining and actually i spent some time playing around with this scalper and found out that it's not that bad at all. If you aim taking small gains every trade it becomes almost harmless and the most important thing is to find the best TIME settings this scalper should trade!!!!! This is the critical and most important setting of them all! With right settings there will be an almost straight smooth uppwards pointing curve without horrible euity drawdowns. 

So my conclusion after testing around; Time setting very IMPORTANT and so the GAIN you try to achive every trade. Aim low on gains and find suitable trading hrs and this one i think have a great potential ;)

Thanks author for submitting this robot and i wish you all traders good luck.

With a more conservative trading style of this ea i think it has great potential. Performed a strategy test on my real micro account and got this curve. No critical huge Equity drawdowns and small steady profits. The more you bargain for ofcourse the more you risk with this and then Everything change dramatically. Could be interesting to see theese settings work in real trading inviroment.

Initial balance 10$ , lot 0.3 ,target pips 1.8, Equity Control 300

Non trading hours: Duration 1; 9-14 and Duration 2; 16-23 GMT +2

Test performed between 151026-151203 on M15 chart (not M1 or M5)

Thanks Kenneth for your comments. Yes Time is key factor specially when a news is expected to change the trend. Due to change in Trend some time these drawdown in equity curves are appearing. I was trying to control its mathematics but could not find a way. So only time factor is working on it so far.

Hi,

Please note that Live/Demo SAADScalper is considering time at desktop for non trading hrs. In Backtesting it will consider time of backtest data.

Settings for 11 to 17 will be. Duration1: 1 to 10 and Duration2: 17 to 23. (Unfortunately this setting will allow scalper to trade during Hr "0"). In current version there is no any setting to skip for Hr "0".   Idea behind to skip time of high volatility during news time so it was not considered. 

I am trying out this scalper, thank you for creating it.  I live in Central time USA, what would the hour settings be for me time zone to avoid news?  Thanks.

Hi Luis,

To avoid time zone headache for different brokers/servers, I preferred time of desktop/laptop in this EA. Please note that if you are using this EA in Demo/Live Account set hrs as per your computer settings according to the news time.  If you are doing backtesting, it will consider time of broker data on which you are doing backtest.

Oh ok, that makes it easier, thanks, have a great New Year!

Luis

All this talk about time zones is confusing, why not do it like everyone else, and set everything to GMT and also have inputs as time to start trading.

This setting to , Non trading hours is very confusing.

Why does each Non Trading hours start with 0, there is only one zero in a 24 hr clock.

One of my VPS has a difference of +16hr's and the other has a difference of +7hr's, but im at a loss of what the 0 means, what time is 0.

If you have non trade from 0-14 and then 0-18, that means to me that there are no trades from Midnight to 1800hrs

Non trading hours: Duration 1; 9-14 and Duration 2; 16-23 GMT +2.

Does the above mean that trading is not allowed between 900hrs and 1400hrs, and then not allowed from 1600hrs to 2300hrs computer time.

This would imply that you do not trade Asia time, but you do trade London, but you do not trade New York.

Is my assumptions correct.

TY

Alf

TY Very much for your quick reply.

And thank you for making this EA, i like it and it seems to be very profitable, and it does seem to be time settings that need to be correct as Kenneth has posted.

Alf

Hello,

please explain how the 'Equity Controls' exactly works.

Thanks.

Hello Adnan, Im looking forward to the new updated EA, how long do you think before you have finished it.

I would suggest that you do all settings to GMT, as this is the normal setting used by most Coders.

I can not code, and any suggestion by myself is only to help.

I like this EA and its potential.

Alf