PolyFitScalper - page 10

 

PolyFitScalper_v1.58 and v1.59

Version of the EA: PolyFitScalper_v1.58

Please find attached the new version of this EA.

Download.

There are 2 files are attached to this post:

PolyFitScalper_158_sigma2.zip

and

PolyFitScalper_158_sigma25.zip

Inside each zip file: EA for EURCHF M1 timeframe with default settings and Schedule file (EURCHF_M1.txt).

Difference between those sigma2 and sigma2.5 is the settings of the EA concerning PS_Sigma_min. Read this post about safe, medium and risky settings: https://www.mql5.com/en/forum/179781

Installation.

- Unzip 2 files (PolyFitScalper_158_sigma2.zip and PolyFitScalper_158_sigma25.zip).

- Please EAs to experts directory,

- Place EURCHF_M1.txt file to experts/files directory for trading or tester/files for testing or optimization.

- Download PolyFitBands_v2.3 indicator and SpreadoMeter_v2 indicator from the first post of this thread https://www.mql5.com/en/forum and place them to experts/indicators directory.

- Compile EA and the indicator using MetaEditor.

- Open Metatrader, open EURCHF chart, M1 timeframe, and attach EA to the chart.

Settings/input of the EA and the Metatrader.

Settings of the EA are default ones for EURCHF, M1 timeframe. Some explanation of the settings you will find on the following posts:

- safe, medium and risky settings: https://www.mql5.com/en/forum/179781

- settings for Alpari UK, LiteForex and MB Trading: https://www.mql5.com/en/forum/179781

- more detailed explanation of the EA's settings/input: https://www.mql5.com/en/forum

Metatrader's settings:

In Metatrader's menue - Tools - Options:

- enable EA - yes

- disable experts when ... - no

- disable experts when ... - no

- allow live trading - yes

- ask manual confirmation - no

- allow dll imports - yes

- confirm dll - no

- allow external ... yes

Click on EA face on the chart - and the same:

- allow live trading - yes

- ask manual confirmation - no

- allow dll imports - yes

- confirm dll - no

- allow external ... yes

Before trading with this EA please try to find brokers with low spreads. For this purpose I suggest to use SpreadoMeter_v2 from the first post of this thread https://www.mql5.com/en/forum

That's all news.

-------------

Updated.

New version - PolyFitScalper_v1.59 EA - was uploaded to this post.

- Moderate settings is on this post.

- Agressive settings is on this post.

Changes - new MM inputs were added for martingale feature:

- MM = 3; // ММ Switch(0-off,1-%% of Free Margin,2-L.Williams formula,3-Martingale (when MM = 3 so EA is woring in martingal way).

- MGLotMultiplier - multiplier for the "next" order opened in martingale mode.

- MGPipStep - if set to greater than 0, then the next order is opened only if the price difference in pips is greater than or equal to pip step.

- MGStopOnMaxLot - if set to true and the lot size for the next order would exceed MaxLot size (MaxLotSize must be greater than 0) then the order will not be opened, if set to False, the order will be opened with a MaxLotSize lot size.

For martingale exit only - use default settings for 1.59.

 

Old 1.57 version.

I am trading EURCHF with sigma = 2.8.

It is the statement:

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

- For PolyFitScalper EA all the versions, to download settings and so on: https://www.mql5.com/en/forum/179816

- what is sigma/risk and which values to use (safe, medium and risky settings): https://www.mql5.com/en/forum/179781

- the setting/input for settings for Alpari UK, LiteForex and MB Trading (and any other broker): https://www.mql5.com/en/forum/179781

- new version with the settings: https://www.mql5.com/en/forum/179781/page4

 

Version 1.59

Version 1.59 deffinetly seems to be working very well that is awesome!

Congratulations!!

 

New Polyfit

This new version really going good this is from late this morning till now, using moderate set file.Great job guys!!!!!!!!!!!!!

Files:
new_polyfit.gif  119 kb
 

I am with you mrtools...I have the moderate file testing on IBFX...Thanks to ND.

ES

P.S. I still have 158 going also...it is awesome too!

mrtools:
This new version really going good this is from late this morning till now, using moderate set file.Great job guys!!!!!!!!!!!!!
 

polyfit

I had Polyfit running for a full day. I noticed it was going really well except for a few trades. I noticed it tried to go against negative pin bars and market corrections. Its a real shame aswell because it would make serious money if it didn't do this. Mind you last night the euro was up and down like a yoyo and blew a lot of my stop losses out (50 pips) kinda bet against them both ways on the up and down.

I am not sure about the idea of the martingale method last night it would have killed me and compounded my losses.

All in all it still made about 2% for the day what is pretty good however instead of using the martingale method it may be better to incorporate something like Price Action AHA into this a flag from this stops polyscalper for trading for a minute or two and throws a trade down with the way the trade is going and not try and fight it.

The red in the following pic seems to be how this bot operates is it possible to make it work like the blue arrows? Huge gains are made just doing this - one can manually do it but not to all currency pairs and not when you sleep.

All in all I really think this program has HUGE potential just needs a few minor tweaks - damn nice work.

BTW I was using 1.59 with 2.5 min sigma. the moderate settings from a user that posted before. I can see the logic why polyfit placed the trade but market corrections do happen and its much better to go with them.

Can i ask a question? does trailing stop follow the price up and try and take close to the highest price it can obtain? like follow the bell curve up and take it a little below the top or a zig zag that blows the limit out.

attached is a pic how polyfit seems to work (the red arrows) How can we get it working like the blue arrows are?

Files:
untitled_5.jpg  101 kb
 

Trailing stop?

I do not know sorry ...

try to trade to see.

If martingale 1.59 version so instead of blowing - we will have the next trade in martingale way.

 

PolyFitScalper_v1.59 EA: agressive settings

It is the agressive settings for this new version of the EA (pre-set file is attached).

I am trading EURUSD, GBPUSD, USDJPY, USDCHF, EURCHF, GBPJPY and GBPCHF.

It is the statement:

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

- For PolyFitScalper EA all the versions, to download settings and so on: https://www.mql5.com/en/forum/179816

- what is sigma/risk and which values to use (safe, medium and risky settings): https://www.mql5.com/en/forum/179781

- the setting/input for settings for Alpari UK, LiteForex and MB Trading (and any other broker): https://www.mql5.com/en/forum/179781

- new version with the settings: https://www.mql5.com/en/forum/179781/page4

 

Old 1.57 version.

I am trading EURCHF with sigma = 2.8.

It is the statement:

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

- For PolyFitScalper EA all the versions, to download settings and so on: https://www.mql5.com/en/forum/179816

- what is sigma/risk and which values to use (safe, medium and risky settings): https://www.mql5.com/en/forum/179781

- the setting/input for settings for Alpari UK, LiteForex and MB Trading (and any other broker): https://www.mql5.com/en/forum/179781

- new version with the settings: https://www.mql5.com/en/forum/179781/page4

 

poly fit 1.59

Nice and steady here using moderate settings.

Files:
pf1.59.gif  120 kb
Reason: