Volatility Quality Index - page 49

 

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

Statements by pairs and visual statements are attached to this post (inside zip file).

===================

Some profit/loss in dollars from the beginning of trading since 21st of March:

AUDJPY: 7 dollars

AUDNZD: 36

AUDUSD: -141

CHFJPY: -277

EURAUD: -479

EURCHF: -1

EURGBP: 66

EURJPY: 569

EURUSD: -95

GBPUSD: -605

USDCAD: -15

USDCHF: 36

USDJPY: -79

====================

Some profit/loss in dollars for this week (in dollars):

AUDJPY: -286 dollars

AUDNZD: 1

AUDUSD: 28

CHFJPY: 26

EURAUD: -262

EURCHF: -243

EURGBP: 36

EURJPY: 71

EURUSD: 6

GBPUSD: 35

USDCAD: 14

USDCHF: 41

USDJPY: 0.

The other pairs did not have any trades yet.

=====================

So, I am continuing trading/forward testing using M5 timeframe.

Just some of the visual statements (from the beginning of the trading since 21 of March) - all visual statements - see zip file attached to the post:

EURJPY:

EURGBP:

AUDNZD:

All the statements (including Metatrader's statements by pairs, by pips and by dollars) - see zip file attached.

----------

My comments for this week:

3 pairs are profitable since 21st of March:

- EURJPY - this pair is our champion which is profitable from the beginning without any lossing.

- AUDNZD.

- EURGBP - it is new pair to become a profitable: this pair recovered the losses.

No open trades for now.

That's all news

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

 

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

Statements by pairs and visual statements are attached to this post (inside zip file).

===================

Some profit/loss in dollars from the beginning of trading since 21st of March:

AUDJPY: 13 dollars

AUDNZD: 46

AUDUSD: -133

CHFJPY: -259

EURAUD: -479

EURCHF: -159

EURGBP: 68

EURJPY: 592

EURUSD: -76

GBPUSD: -594

USDCAD: -139

USDCHF: 95

USDJPY: -178

====================

Some profit/loss in dollars for this week (in dollars):

AUDJPY: 6 dollars

AUDNZD: 10

AUDUSD: 8

CHFJPY: 18

EURAUD: 0

EURCHF: -158

EURGBP: 2

EURJPY: 23

EURUSD: 19

GBPUSD: 11

USDCAD: -123

USDCHF: 59

USDJPY: -99.

The other pairs did not have any trades yet.

=====================

So, I am continuing trading/forward testing using M5 timeframe.

Just some of the visual statements (from the beginning of the trading since 21 of March) - all visual statements - see zip file attached to the post:

EURJPY:

EURGBP:

AUDNZD:

USDCHF:

All the statements (including Metatrader's statements by pairs, by pips and by dollars) - see zip file attached.

----------

My comments for this week:

3 pairs are profitable since 21st of March and 4th pair became profitable for now:

- EURJPY - this pair is our champion which is profitable from the beginning without any lossing.

- AUDNZD.

- EURGBP - it is new pair to become a profitable: this pair recovered the losses.

- USDCHF - this pair recovered after losses for now.

No open trades for now.

That's all news

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

 

is there any indicator that detect widening of pips-spread than narrow the pipspread [normal] later on

or

volatile in price within 30minute, then the price go stable again

I think those are good indication to enter into direction trade (entry)

 

To monitor the spread?

many tools:

https://www.mql5.com/en/forum/176191

https://www.mql5.com/en/forum/180012

https://www.mql5.com/en/forum/176191

https://www.mql5.com/en/forum/173574/page123

https://www.mql5.com/en/forum/178888

https://www.forex-tsd.com/forum/debates-discussions/116-something-interesting-please-post-here/page52#comment_336935

Personally, for scalping EAs - I am using SpreadoMeter indicator created by Igorad (this indicator is showing the spread in separate window as a histogram indicator). It is in elite section sorry. There is the other tool (Spread_Recorder) created by Boxter. Elite section too sorry.

It is the example of SpreadoMeter for Broco Investor Platform - floating spread:

It is for Broco Trader Platform. It is fixed spread.

This spread is not increased/decreased during the news time:

Some public tools (see links on this post) can do some good job too.

But it is most important for scalping (to select right broker with right pairs to trade) then for this EA as this VQ_ Ea_v2 ecn-1a EA is having take profit as 15 (4 digit) pips so it is not a scalping. And as we know - no any trade can be opened/closed without spead pips giving to the broker whatever we are winning or losing ... so it is 15 pips as a net pips take profit.

 

This image will give some idea about how this EA works:

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

Files:
 

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

Statements by pairs and visual statements are attached to this post (inside zip file).

===================

Some profit/loss in dollars from the beginning of trading since 21st of March:

AUDJPY: 23 dollars

AUDNZD: 46

AUDUSD: -267

CHFJPY: -245

EURAUD: -455

EURCHF: -137

EURGBP: 80

EURJPY: 643

EURUSD: 26

GBPUSD: -573

USDCAD: -137

USDCHF: 101

USDJPY: -178

====================

Some profit/loss in dollars for this week (in dollars):

AUDJPY: 9 dollars

AUDNZD: 0

AUDUSD: -127

CHFJPY: 13

EURAUD: 23

EURCHF: 22

EURGBP: 12

EURJPY: 51

EURUSD: 102

GBPUSD: 20

USDCAD: 1

USDCHF: 6

USDJPY: 0.

The other pairs did not have any trades yet.

=====================

So, I am continuing trading/forward testing using M5 timeframe.

Just some of the visual statements (from the beginning of the trading since 21 of March) - all visual statements - see zip file attached to the post:

EURJPY:

EURGBP:

AUDNZD:

USDCHF:

All the statements (including Metatrader's statements by pairs, by pips and by dollars) - see zip file attached.

----------

My comments for this week:

3 pairs are profitable since 21st of March and 2 pairs (USDCHF and EURUSD) became profitable for now:

- EURJPY - this pair is our champion which is profitable from the beginning without any lossing.

- AUDNZD.

- EURGBP - it is new pair to become a profitable: this pair recovered the losses.

- USDCHF and EURUSD - those pairs recovered after losses for now.

That's all news

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

 

Trailing Settings?

Thanks to Newdigital and Mrtools for all your fine work here!

I am testing the EA now, but i noticed that you are using the default settings on M5 charts. The default settings have the trailing/breakeven settings to trigger at 50 pips.

Isnt that a lot for a M5 chart?

Thanks again!

 

Yes, I am using VQ_ Ea_v2 ecn-1a EA from this post https://www.mql5.com/en/forum/general with default settings (this version is working with ECN/stp broker, and with any other broker with is not ECN/stp).

Take profit is 15 pips (4 digit pips) just because I am having the following:

DynamicTP = false; // Use ATR for pips of TakeProfit

Stop loss is dynamic one because I am using

DynamicSL = true; // Use ATR for pips of InitialStop

So, this 50 pips for trailing is not used as take profit is just 15 pips only.

It is profitable for some pairs (especially for EURJPY).

It may be good to trade with DynamicTP = true so in this case - take profit will be calculated by EA using ATR but in this case - the settings for this EA may be changed completely.

 

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

Statements by pairs and visual statements are attached to this post (inside zip file).

===================

Some profit/loss in dollars from the beginning of trading since 21st of March:

AUDJPY: 23 dollars

AUDNZD: 55

AUDUSD: -253

CHFJPY: -240

EURAUD: -445

EURCHF: -118

EURGBP: 83

EURJPY: 664

EURUSD: 32

GBPUSD: -471

USDCAD: -136

USDCHF: 103

USDJPY: -126

====================

Some profit/loss in dollars for this week (in dollars):

AUDJPY: 0 dollars

AUDNZD: 8

AUDUSD: 6

CHFJPY: 4

EURAUD: 10

EURCHF: 18

EURGBP: 2

EURJPY: 20

EURUSD: 6

GBPUSD: 102

USDCAD: 1

USDCHF: 1

USDJPY: 52.

The other pairs did not have any trades yet.

=====================

So, I am continuing trading/forward testing using M5 timeframe.

Just some of the visual statements (from the beginning of the trading since 21 of March) - all visual statements - see zip file attached to the post:

EURJPY:

EURGBP:

AUDNZD:

All the statements (including Metatrader's statements by pairs, by pips and by dollars) - see zip file attached.

----------

My comments for this week:

3 pairs are profitable since 21st of March and 2 pairs (USDCHF and EURUSD) became profitable for now:

- EURJPY - this pair is our champion which is profitable from the beginning without any lossing.

- AUDNZD.

- EURGBP - it is new pair to become a profitable: this pair recovered the losses.

- USDCHF and EURUSD - those pairs recovered after losses.

That's all news

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

 

ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

Some trades for this week.

USDCHF:

GBPUSD:

EURGBP:

EURAUD:

and it is our champion - EURJPY:

===================

- Explanation of ATR settings is on this post.

- ATR + 15 pips settings: VQ_ Ea_v2 EA for normal and ECN/stp Metatrader's broker with default settings is on this post.

- ATR Stop Loss + Non-ATR 15 pips Take Profit settings: VQ_ Ea_v2 ecn-1a EA for normal and ECN/stp Metatrader's broker with default settings is on this post - there is no close on trend change on this EA coded a version with it.

- VQ_ Ea_v3 EA is on this post. It is improved version of VQ_ Ea_v3 ecn EA: added a trend confirmation, using 3 different time frames; also added a time frame control for VQ indicator; all these time frames can be adjusted by the user.

- Non-ATR 5 pips Take Profit settings + Non-ATR 5 pips Stop Loss settings: VQ_ Ea_v3 ecn EA is on this post - It is the version with regular stop loss and take profit set by default to 5.

- statements for M1 timeframe for VQ_ Ea_v2 EA ecn with ATR + 15 pips settings is on this post.

- statements for M5 timeframe for VQ_ Ea_v2 ecn-1a EA ecn with ATR Stop Loss + Non-ATR 15 pips Take Profit settings - more to follow.

Files:
Reason: