Preparing scalping
Volchansky, don't let me down.
I'll give you my full support,
I love rich professionals.
Volchansky, don't disappoint.
In what?
Right,
- Why I started this thread. In order to:
- To better understand the dark side ofthe power of scalping.
You remember, Star Wars has always been won by others
Right,
- Why I started this thread. In order to:
- To better understand the dark side ofthe power of scalping.
You remember, Star Wars was always won by others.
I only watched the first old movies, the newer ones I couldn't get through. Skywalker blew up the Death Star.
I've got a guy from Kenya who's quite the earner, sort of a tester. But it's not a machine. All right, I'll put together a manual today, post it in about two hours.
Hmmm... Let's see, let's see...
Scalpers are something I've never been good at at all. No way. Even the tester graals weren't coming out for shit. My tester graals are as good as the minutes. And those TCs in the League that show something sane are usually on the hours...
I'll be watching this thread with interest.
Hmmm... Let's see, let's see...
Scalpers are something I've never been good at at all. No way. Even the tester graals weren't coming out for shit. My tester graals are as good as the minutes. And the TCs in the League that show anything sane, they're usually on the clock...
I will watch the thread with interest.
Let's see what's out there, I even made a picture for him to sell
see what's up, I even made him a picture to sell.
no sales, don't set me up
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A brief description of the scalper.
This is the second generation of ScalpHunter with slightly different and hopefully better mathematics. I am making it cross-platform at once, here is a fork for MT4, we will switch to cross a bit later.
Still works on price samples at 1Hz. Let's consider the parameters, which are not clear from the name. The important feature of setting various levels like SL, TP and others. They are not set in points, they are set in the universal value
(base currency unit / lot). Why have I set them in this way, and not in pips? Because if we do it in pips, then for each pair we should calculate and set its own value. It is clear that 100 points for EURUSD does not equal 100 points for USDJPY. But if we shift to a non-dimensional value
(Deposits unit / lot) or (EVD / lot), this limitation is removed and the settings become universal for any pair.
A simple example: Depo currency USD, five digit account. We need to set TP=550 pips for EURUSD. 1 pip 0.00001 will be equal to $1/lot, hence we set $550/lot. For other pairs, the value will be recalculated internally.
Please note: if you prefer, you may use the traditional pip based system as well. Feel free to write in the comments.
Parameter description.
Fixed lot - Now scalper is working with fixed lot, in future it will be dynamic.
Profit, EVD/lot after which trailing stops - Virtual trailing stop-loss mode is implemented in scalper. When a certain profit is reached, the order is closed if the micro-trend is considered to be over.
The lower the value, the lower the profit and risk.
StopLoss, EVD/lot
TakeProfit, EVD/lot
Virtual grid step, EVD/lot - The step the scalper attempts to open orders with. In the case of strong movements, the actual step may be larger than this value.
Maximal number of orders for all instruments - should be changed (or added?) to "for this instrument".
Placing SL and TP after the order has been opened - There are very few brokerage companies that do not allow you to place SL and TP right after the order is opened. This usually happens on "honest" ECN. The brokerage company does not know in advance what price will actually open
The order and cannot guarantee the SL and TP at the same time with the opening. If true, the order opens first, then the SL and TP are set.
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Around 6 or 7 p.m. I'll post the scalper version as a first sign. I'll translate it into multiplatform version in a waltz. To be more precise, I will continue, because I have started and then abandoned it.
In principle, the archive is already posted on my blog, I need to write instructions.