High/Low Breakout Scalper - page 10

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I cant undertstand this how it works

 
scorpion:
This expert advisor buys when price is above yesterday high and sell when below yesterday low. It closes the order when price reaches target net profit (5 pips ) or net loss (-5 pips) or when it's opened for 5 minutes. Parameters and Features:
  • Redefinable breakout pips. (Breakout_Pips = x pips away from yesterday High or Low)
  • Order lifetime = 5 minutes. (Order_Life_Mins = x mins)
  • Time session filter. (From_Hour, From_Min, To_Hour, To_Min, 00:00 to 24:00 chart time by default)
  • Initial stop loss = 3 pips + 2 pips spread = 5 pips net loss.
  • Initial take profit = 7 pips – 2 pips spread =5 pips net profit.
  • Mini account support. (Pip_Value = 1 for Mini)
  • Multiple pairs support.
Enjoys!

hello modreter and frinds .

i m not well in this ..so plz i request u ur this sys work fine on daly bur after some change i cant run on h4 or m30

plz change this setting and send to us ...

i have one stetergy ..tls .only lock after entry +5 pip..and not trail .... after close time exit

this close entry

 

HI Scorpion,

I was looking that strategy from soime time ago, as I trade that rules on manual trading on futures with good results, yesterday high and low are the most importants levels, to see if buyers or sellers are in the control. Unfortunetelly I cant run your EA, i dont know why, it doesnt work any more? I tried to make a back test and nothing happen. I would be glad if you posted updated version. Thanks!

 

As i know from my own long experience. Scalping is most dangerous strategy you can choose. First, only few brokers allowed aggressive scalping, second, you can't foretell market in most cases, you will guess only and hope it will be success. That is why most guru of forex use longterm trading instead daytrading or scalping

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