A candle by candle scalping EA .GOOD CHALLENGE TO CODERS

 

Hello Traders and coders

My Idea is nothing new and funny.when it comes to trial and error., for every novice looses as well a expert trader looses with a little difference.

My idea is not a fun,but born of wrath towards brokers who accrue spreads and try to field out as many traders as they can.

1000's of lagging indicators ,price action theories nothing in superficial fruit.

A successful trader may be 10%-50% yielder., on seldom fluke it runs to 100% a day., may be trend that works .

so based on the above facts I seek an expert to code this simple EA.

No indicators first of all.

Rules;

open a buy when the chart shows up a green(buy) bar with a pending order to open position of sell below the buy price or bar opening price.

Here comes a little crook now -while the bar moves up with profit (exactly on profit say count on 1,2,3,4 pips above the bar opening price(uptrending prices)., if reversal happens here close it and let the pending order work on selling.)

The same idea is followed when a sell order opens in the chart open the sell order when a white bar shows up with a pending order to buy above the bar opening price.

The same profit crook here (say profit count on 1,2,3,4 pips and trend reverses close on 4,3,2,1 profit) as stepping down prices.

Lot sizes should be easy to adjust .The profits should be stealth and should not appear on orders.an order visible to the broker is an order with no tp/sl.

Mostly I tend to work on little higher time frames from M30 to H4.so the probability will work well to my knowledge .,

...........................................................................................................................................................................................................

One thing to quote I am not a novice as far as concerned .

SO BEYOND COMMENTS LET US CHECK THE WAY TO PROFITS (OFCOURSE TINY BROKER DRIVEN OR PRICE DRIVEN LOSS'S) No long term fishing as for me.

Okay and welcome to any coders ., beyond comments willing to work this way.

This is my way and odd comments are not welcomed from my forum friends., Of all I am a trader trying to put stop to sucking loss's and trying another method.

welcome to coders and expert developers., aslong as I am testing this way I cannot pay any coders but If it works the coder is full of gold.

am I right? so Hope someone with a flair will help me code the above concept into an EA.

regards

nair

 

Have you done any significant testing of this idea? It would be nice to have a sense that this would actually work before taking the time to write an EA.

 

yes Dennis

Yes dennis

I managed to get good yield but due to manual watching I missed and got tired watching,I took h4 and h1.while placing sl and tp or while creating pending orders while in the move is a killing game .I am using figfx a one spread broker who is also a great chiller,they often make requotes.

ok as far as policy is concerned there is nothing in a trial and errror right., Of all you would have beleived 1000's of indicators and systems.And of all failed in every indicator and system.No rescue.

while throwing stones in water why not try this approach?

let us get some trial over .If you are a coder try this and give me a EA.Let's try to perfect it.

regards

Nair

Reason: