How to use Polyfitscalper for 3,000-5,000 deposit? - MQL4 and MetaTrader 4

acidevil 2010.01.06 15:56 #81

so i just have a single M1 chart, and i already follow all the instruction u stated..thanks

will see how it goes.

rusty1975 2010.01.07 00:11 #82

scalper

hello Newdigital

can you tell me which is the best broker for using scalper and martingale EA please , can they blocked an EA .

Do you keep good result with polyfitscalper?

thanks

rusty

Sergey Golubev 2010.01.07 07:34 #83

Broker?

It depends on spead. You can check the spread using SpreadoMeter indicator o the first post of this thread.

Polyfitscalper is same as ay other scalpers. Difference from here is that we can adjast the risk in Polyfitscalper.

But scalpers are usually very risky by system (any scalper). Because big stop loss and small profit value.

Suggestion to forum admins News Trader EA Questions: to start with

rusty1975 2010.01.07 07:56 #84

poyfitscalper

thank you ,

is frank ea is a scalper for you ?

Sergey Golubev 2010.01.07 12:10 #85

Martingale.

acidevil 2010.01.09 07:35 #86

still no trade open...funny

Oliver Knefel 2010.01.09 11:19 #87

...but today is market closed;)

Sergey Golubev 2010.01.12 15:23 #88

Template #3.

This template is for 3,000 - 5,000 deposit, trading with MM (money management),

MAs confirmation paramenets with M15 timeframe (not risky).

Explanation about installation is inside readme text file (attached).

It is not very risky template: trading on M1 timeframe with stop loss for M15 MAs.

Files:

readme_2.txt 1 kb

trades_2_3010_1.jpg 110 kb

trades_gbpusd_3010_1.jpg 95 kb

with_mm.zip 160 kb

Stochastics the professional's preferred Envelopes Brainwashing System / Asctrend

Sergey Golubev 2010.01.12 15:33 #89

Because stop loss = 0 in the settings I am trading.

I am using ExitMode = 10: it is exit on Bollinger bands indicator on open bar M15 timeframe.

Trading on M1 having exit on M15 - it is MTF EA and it is risky as 1 loss may be much more highier then the profit for 1 week. That is why I said that it is at least for 3,000.

and would it be possible to add a function to reverse the direction of entry? because I am getting the impression that it often takes trades at the local minimum/maximum and the Tp often only gets hit by luck at least 1 hour later or so...

Can you give more explanation about reverse the direction of entry? Means: if trade is going to have stop loss so use martingale instead of stop loss? If opposite direction so it can be hedge and not every broker can allow the hedge ...

Well working Trading System PriceChannel Parabolic system OnInit - Controlling Optimization/Tester

surfer90 2010.01.12 21:10 #90

newdigital:
Because stop loss = 0 in the settings I am trading.

I am using ExitMode = 10: it is exit on Bollinger bands indicator on open bar M15 timeframe.

Trading on M1 having exit on M15 - it is MTF EA and it is risky as 1 loss may be much more highier then the profit for 1 week. That is why I said that it is at least for 3,000.

Can you give more explanation about reverse the direction of entry? Means: if trade is going to have stop loss so use martingale instead of stop loss? If opposite direction so it can be hedge and not every broker can allow the hedge ...

but what about the risk level if you use the sl? is the sl calculated to fit the risk level or what is the risklevel for?

TickScalper EA - page 9