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Help needed to improve my scalping ea.

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Sameer Shariff
389
Sameer Shariff 2014.11.03 16:35 

I've written an EA with simple money management and trailing stop, based on 5 EMA High and 5 EMA Low.

The idea is to sell when overbought and buy when oversold.

If you run the EA with 0.3 or 0.4 spread, i.e 3 to 4 points it is profitable. Thanks to trailing stop i get about 88% success rate.

The problem is that because the profits are so small, it is often not enough to cover commission costs.

Can anyone suggest ways on how I can get this to be profitable even after commission costs?

Attached is the full code.

Any help would be appreciated.

Kind Regards,

Sameer

Rozana Sustar
2274
Rozana Sustar 2014.11.03 19:04  

First of all on which currency, timeframe and which settings are you running?

Sameer Shariff
389
Sameer Shariff 2014.11.04 15:57  
Matija14:

First of all on which currency, timeframe and which settings are you running?

Hi Matija

This is for EURUSD, 1 Minute timeframe. Settings are the defaults specified in the code posted above.

Icham Aidibe
10044
Icham Aidibe 2014.11.05 11:42  
samsha:

Hi Matija

This is for EURUSD, 1 Minute timeframe. Settings are the defaults specified in the code posted above.

Can't see the code.
Engkar Supriatna
156
Engkar Supriatna 2014.11.14 08:31  

Hai Samsha

what you need is Code for MM Setting,...mean increasing lot order one after another, or you change to broker without commision fees.

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