• 概要
  • レビュー (7)
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GerFX Density Scalper

For additional user reviews please have a look at the old product page.
IMPORTANT: Please contact me after buying or renting for the correct key paramter. 

Before you buy a night scalper please be aware of the risks involved:

1) Past performance is no guarantee of future profitability (the EA could also make losses). 

2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading.

3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but still execution of the SL depends on your broker.

4) Night scalpers are dependent on good brokerage conditions, like low spread and slippage, which might be worse on high lot sizes.

Density Scalper is a mean reversion system during the quiet hours of the day. It is similar to QuantFlow Scalper but optimized in a few ways to reduce slippage. For example, the entry logic was reduced to make the calculation faster and the exit is done via take profit orders, which can even lead to positive slippage on exiting a trade.

Additionally, it offers various paramters for optimization of entry conditions and other improvements. 

It does not use martingale or grid and has a stop loss for every position. 

Symbols: EURUSD, GBPUSD, EURCHF, USDCHF, USDCAD, EURCAD, EURAUD, (experimental: AUDUSD, AUDNZD, AUDCAD, EURNZD, CHFJPY, GBPCAD, GBPAUD)

Time frame: M5

Max. drawdown in 16 year backtest: $35-50 per 0.01 (depending on number of pairs)

Live monitoring (my signals are also using the breaking news filter)

Please read the blog post for instructions on how to set up the EA.

If GMT auto settings are used, the EA will automatically try to detect the GMT offset. Best double check it manually when used the first time. 

The EA should run on a VPS continuously without interruption (also Friday evening) to store the historic data. 

Please allow web requests to the following URLs for the calendar news filter and automatic GMT offset calculation:

  • http://fxdata.cc
  • http://backup.fxdata.cc
  • http://breaking.fxdata.cc (only needed if you use the breaking news filter)

Ideally, backtests should be done with Tick Data Suite GMT+2 with US DST. 

It is important to use real spread in backtesting and not some fixed spread. But be aware that the spread can be very different between brokers at that time.

The EA should be turned off on days of important events, for example general elections in UK, US or Europe!


Parameters


General Trade Settings
  • dailyEquityStopPercentage: IMPORTANT: please read point 6 in the blog post.
  • orderComment - Each trade will show this comment in history tab.
  • magicNumber - individual magic number. The EA will only manage position of the chart symbol with this magic number.
  • lotType - "fixed" or "increasing", where the lot size is calculated automatically.
  • fixLots - fixed lot size in case lotType = fixed.
  • lotStep - how much the lot size should be increased every equityPerStep (if lotType = increasing).
  • equityHardStop - if the equity falls below that level the EA will close open positions (only of this strategy) and will not open any new positions.
  • pipInPoints - for 5-digit brokers, this should be 10, for 4-digit brokers 1.
  • maxSpreadPips - maximum spread allowed for entry. If smaller 0, auto settings will be used, which are different for each currency pair.  


Time Settings

  • startHourGMT - when to start trading (GMT).
  • endHourGMT - when to stop trading (GMT).
  • waitMinutesBetweenSameSideEntry- After a buy position another buy position will only be allowed after the given time. Same for sell positions. If you are sleeping during the trading hours you could limit the potential total risk with this parameter. If the last hour was a loss the EA will automatically increase waitMinutesBetweenEntries by 15 minutes.

  • autoGMT - whether to determine GMT offset automatically.
  • manualGMToffsetWinter - manual GMT offset in winter (if autoGMT=false or in Tester)
  • manualGMToffsetSummer - manual GMT offset in summer (if autoGMT=false or in Tester)

Please also have a look at the blog post and the "What's new" tab for additional parameters.


レビュー 7
azers
267
azers 2020.09.01 18:34 
 

Its working well and author is responsive and helpful.

Byte1999
102
Byte1999 2020.08.29 00:34 
 

I have to admit I was a bit cautious about Density Scalper because of the low average pips, but I was proven completely wrong. My experience so far has been incredibly positive, with very consistent gains. Are there some differences to the reference account? Of course, as you would expect from an EA with the low average pips but at the same time, the returns/pips are very similar compared to the reference account. For testing purposes, I have been running the EA on three brokers with some variation but all successful running all pairs, starting 7/27/2020 (pulling this from myfxbook, only using recommended pairs not experimental): - ICMarkets: all pairs in the green, 71% of trades winners, 66 trades, expectancy 1.8 pips, 121.9 pips gained, total gains 1.51% vs. 0.34% max DD - GlobalPrime: all pairs positive, 79% of trades winners, 57 trades, expectancy 3.4 pips, 192.7 pips gained, total gain 5.57% vs. 0.42% max DD - AYC Securities: All pairs except EUR/CHF profitable, 74% winners, 62 trades, expectancy 2.3 pips, 144.1 pips gained, total gain 4.14% vs. 0.71% max DD - compared to the public Pepperstone same period: all pairs but USDCHF profitable, 76% winners, 71 trades, 2.1 pips expectancy, total gain 2.42% vs. 0.92% max DD I probably have to review the settings for my ICMarkets account, but the EA seems incredibly consistent with average won pips actually higher than average lost and highest loss so far just a little higher than the highest gain. For a scalper, that is really impressive. I am a fan of Forex Cyborg but it seems this EA is beeting it. Now I have to figure out, if I can reasonably increase the risk per trade or if I just got lucky so far. I hope things stay so positive. It is a bonus that I trust the team. I have been running Forex Cyborg for a while now and it made me a good amount of money contrary to a lot of other EAs I have tried but the service was also always perfect.

razandrei88
46
razandrei88 2020.08.15 12:09 
 

very good EA, maybe the best from the market

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フィルタ:
azers
267
azers 2020.09.01 18:34 
 

Its working well and author is responsive and helpful.

Byte1999
102
Byte1999 2020.08.29 00:34 
 

I have to admit I was a bit cautious about Density Scalper because of the low average pips, but I was proven completely wrong. My experience so far has been incredibly positive, with very consistent gains. Are there some differences to the reference account? Of course, as you would expect from an EA with the low average pips but at the same time, the returns/pips are very similar compared to the reference account. For testing purposes, I have been running the EA on three brokers with some variation but all successful running all pairs, starting 7/27/2020 (pulling this from myfxbook, only using recommended pairs not experimental): - ICMarkets: all pairs in the green, 71% of trades winners, 66 trades, expectancy 1.8 pips, 121.9 pips gained, total gains 1.51% vs. 0.34% max DD - GlobalPrime: all pairs positive, 79% of trades winners, 57 trades, expectancy 3.4 pips, 192.7 pips gained, total gain 5.57% vs. 0.42% max DD - AYC Securities: All pairs except EUR/CHF profitable, 74% winners, 62 trades, expectancy 2.3 pips, 144.1 pips gained, total gain 4.14% vs. 0.71% max DD - compared to the public Pepperstone same period: all pairs but USDCHF profitable, 76% winners, 71 trades, 2.1 pips expectancy, total gain 2.42% vs. 0.92% max DD I probably have to review the settings for my ICMarkets account, but the EA seems incredibly consistent with average won pips actually higher than average lost and highest loss so far just a little higher than the highest gain. For a scalper, that is really impressive. I am a fan of Forex Cyborg but it seems this EA is beeting it. Now I have to figure out, if I can reasonably increase the risk per trade or if I just got lucky so far. I hope things stay so positive. It is a bonus that I trust the team. I have been running Forex Cyborg for a while now and it made me a good amount of money contrary to a lot of other EAs I have tried but the service was also always perfect.

BitcoinLife
418
BitcoinLife 2020.08.15 16:08 
 

It worked well, until 3 weeks ago, since then I have not stopped having losses while the author's signals have been maintained and sometimes they have had benefit. I do not know what will be happening, but I am very disappointed, in a matter of 2 weeks I have lost what I gained in 2 months.

razandrei88
46
razandrei88 2020.08.15 12:09 
 

very good EA, maybe the best from the market

Simon M
150
Simon M 2020.08.07 11:03 
 

Really good ea & great customer service.

mdurham
131
mdurham 2020.07.31 06:37 
 

this is the best EA I have used so far, have had consistently good results

Jiecong Deng
430
Jiecong Deng 2020.07.29 10:27   

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