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TickScalper EA with FXCM broker. All the pairs (Metatrader statement):
USDCHF:
===============
All the versions: https://www.mql5.com/en/forum/176044/page3
Version #3.44 with the settings: https://www.mql5.com/en/forum/179720/page8
Visual statement is forward testing/trading results. More about it: Signal Performance Factor and visual statements: this post with the explanation and on those 2 posts as detailed comments: this post and this one.
TickScalper EA with Super Safe Settings.
M1 timeframe.
Many pairs.
Since August 2010.
Metatrader statement:
EURUSD:
EURGBP:
USDCHF:
MT4Live.com - Share Your MT4 Statements Free
===============
All the versions: https://www.mql5.com/en/forum/176044/page3
Version #3.44 with the settings: https://www.mql5.com/en/forum/179720/page8
Visual statement is forward testing/trading results. More about it: Signal Performance Factor and visual statements: this post with the explanation and on those 2 posts as detailed comments: this post and this one.
Code Explanation
Hi,
As somebody that is really interested in understanding how things work can someone describe how MGMode, MGRatio, MGStep and MGPips interact? I think MGRatio is the lots multiplier and MGStep is the distance in pips between new trades but not sure on the other 2.
Thanks in advance.
Hi twodogs,
I think - I can not help here as I am not using MM for this EA - I switched MM to false (to 0):
This EA is complicated/confused by coding and the author Igorad is not here for now. May be - MrTools can explain more as he created TickScalper_v3.44 news filter EA as the next version which I did not test/trade yet.
I also have MM set to zero, I will ask Mrtools.
Thanks
I also have MM set to zero, I will ask Mrtools. Thanks
Hi Twodogs,
The mm set to zero just means no money management, which from my understanding of the code mm= 1 means pretty much regular money management using risk and account balance mm= 2 same as 1 except it takes your max loss settings into account.
Now the MgMode = 0 means no martingale, if MgMode = 1 then martingale style trading. MgPips is how many pips profit if in martingale mode, and exit mode = 11. MgStep is when in martingale mode its pips between orders.MgRatio is guess you could call it a lot multiplier during martingale sequence for supposed true martingale set it at 2 so as you go in lot progression if you start with .01 lotsize, then next will be .02,.04,.08,.16,.32 every lotsize multiplied by 2 myself personally prefer something like 1.5 others prefer a fibonacci sequence which would be 1.63.
Hopefully this helps somewhat
TickScalper EA with More safe settings.
M1 timeframe.
EURGBP
MT4Live.com - Share Your MT4 Statements Free
===============
All the versions: https://www.mql5.com/en/forum/176044/page3
Version #3.44 with the settings: https://www.mql5.com/en/forum/179720/page8
Visual statement is forward testing/trading results. More about it: Signal Performance Factor and visual statements: this post with the explanation and on those 2 posts as detailed comments: this post and this one.
TickScalper EA with Super Safe Settings.
M1 timeframe.
Many pairs.
Since August 2010.
Metatrader statement:
EURUSD:
EURGBP:
GBPJPY:
MT4Live.com - Share Your MT4 Statements Free
===============
All the versions: https://www.mql5.com/en/forum/176044/page3
Version #3.44 with the settings: https://www.mql5.com/en/forum/179720/page8
Visual statement is forward testing/trading results. More about it: Signal Performance Factor and visual statements: this post with the explanation and on those 2 posts as detailed comments: this post and this one.
trading times
Was the trading times in the settings set for brokers based off of 0 GMT?
I am using same for Alpari and for FXCM.