When this ea opens a position 90℅ of the time it is right. But happens sometimes (especially with low tf) that take profit isn't hit, and the price reverses and your profit become a loss. Yes, there is a recovery system inside your ea that double the lot in a new trended position to recover the loss, but I would prefer a different strategy: if TP is not hit, a sl is triggered before the position become a loss. Also making profit 0, but in this way you don't have to keep for long time a loss.
Hello , I bought today the last version of $aad trend tracker but now loooking at the parameter, there is some difference in the windows from the fisrt image that you posted.
It's without the loy miltipler and the trend traker imputs is without the ttp period and tt mui
can you explain, please if change from the first 2 setting posted?
When this ea opens a position 90℅ of the time it is right. But happens sometimes (especially with low tf) that take profit isn't hit, and the price reverses and your profit become a loss. Yes, there is a recovery system inside your ea that double the lot in a new trended position to recover the loss, but I would prefer a different strategy: if TP is not hit, a sl is triggered before the position become a loss. Also making profit 0, but in this way you don't have to keep for long time a loss.
What do you think about this?
Dear Sestante,
Thanks for your valuable feedback and suggestion. I am already working on Sl and Trailing SL feature for next release at the request of other users and it will be available in next release. Although I dont prefer SL in this strategy.
Hello , I bought today the last version of $aad trend tracker but now loooking at the parameter, there is some difference in the windows from the fisrt image that you posted.
It's without the loy miltipler and the trend traker imputs is without the ttp period and tt mui
can you explain, please if change from the first 2 setting posted?
thank you
regards
Marco
Hi Marco
Thanks for your interest, In default settings Middle TF and Higher TF is zero due to some restriction from mql5 support. Please don't use default settings. Kindly use published settings as aggressive recovery or moderate recovery.
Thanks for your valuable feedback and suggestion. I am already working on Sl and Trailing SL feature for next release at the request of other users and it will be available in next release. Although I dont prefer SL in this strategy.
BR
Adnan
Thanks for your support and for listening our requests.
Like this last user I think a news filter would help.
I'm currently using your SAAD Scalper EA, but am considering upgrading to this new one. Unfortunately I have 35 open positions using SAAD Scalper. Can this new EA take over the running of my open positions?
I'm currently using your SAAD Scalper EA, but am considering upgrading to this new one. Unfortunately I have 35 open positions using SAAD Scalper. Can this new EA take over the running of my open positions?
Hi Amiddup
This EA has different strategy . It is not using stepping that is used in scalper. If only one trade is open it can handle but if 35 trades of same pairs are opened it is not suitable for this EA to handle.
This EA has different strategy . It is not using stepping that is used in scalper. If only one trade is open it can handle but if 35 trades of same pairs are opened it is not suitable for this EA to handle.
Hi Adnan,
Thanks. Do you know if there is a way to leave the scapler on the charts to manage the existing open positions, but not take any new positions? Would setting the take profit level to 0 achieve this? I'm thinking I can then leave scalper to close out open positions whilst using SAAD TrendTracker to manage all new trades - would that work?
Thanks. Do you know if there is a way to leave the scapler on the charts to manage the existing open positions, but not take any new positions? Would setting the take profit level to 0 achieve this? I'm thinking I can then leave scalper to close out open positions whilst using SAAD TrendTracker to manage all new trades - would that work?
No, Setting TP 0 will not achieve this. Only way is to disable to open trades along specific direction in MT4 EA settings as shown below. In this case EA will not be allowed to open trades in specific direction but it will close trades when it is required.
No, Setting TP 0 will not achieve this. Only way is to disable to open trades along specific direction in MT4 EA settings as shown below. In this case EA will not be allowed to open trades in specific direction but it will close trades when it is required.
Once again, thanks for your quick response and help. Greatly appreciated.
No, Setting TP 0 will not achieve this. Only way is to disable to open trades along specific direction in MT4 EA settings as shown below. In this case EA will not be allowed to open trades in specific direction but it will close trades when it is required.
untilisleep: I would lik to know the difference between this scalper and your other scalper?
SaadScalper is using steps to recover losses for market order and POs and best fit for M1 and M5. It can open multiple trades.
SaadTrendTracker is not using steps, instead it is carrying losses of one trade and trying to open same trades from lower level/higher level of market using Trend Tracker to compensate initial trade. And best fit for M5, M15 and M30. Relative drawdown is low.
Is EA trades with 0.01 lots
Hi Vasiliy,
Yes if margin is ok it trades with .01.
Hello , I bought today the last version of $aad trend tracker but now loooking at the parameter, there is some difference in the windows from the fisrt image that you posted.
It's without the loy miltipler and the trend traker imputs is without the ttp period and tt mui
can you explain, please if change from the first 2 setting posted?
thank you
regards
Marco
Hi,
Hello , I bought today the last version of $aad trend tracker but now loooking at the parameter, there is some difference in the windows from the fisrt image that you posted.
It's without the loy miltipler and the trend traker imputs is without the ttp period and tt mui
can you explain, please if change from the first 2 setting posted?
thank you
regards
Marco
Dear Sestante,
Thanks for your support and for listening our requests.
Hi Sestante,
Its my pleasure, I will check its feasibility and will include.
Adnan i request filter to avoid news if possible... Thank you!
Hi James,
I sent you PM for further detail to discuss about its feature in detail.
Adnan, this EA is build for trend or ranging market? i meant the main strategy?
Hi Vin,
It has two stages for trades.
1) Initial trades with comment "SaadSellA" or "SaadbuyB". It is designed for ranging market and based on SaadScalper
2) If initial trades is loosing. Second trade is initiated "SaadSellB" or "SaadBuyB" based on trending market and using TrendTracker Indicator.
So it is mixed strategy based on ranging and trends.
Hi Adnan,
I'm currently using your SAAD Scalper EA, but am considering upgrading to this new one. Unfortunately I have 35 open positions using SAAD Scalper. Can this new EA take over the running of my open positions?
Hi Adnan,
I'm currently using your SAAD Scalper EA, but am considering upgrading to this new one. Unfortunately I have 35 open positions using SAAD Scalper. Can this new EA take over the running of my open positions?
Hi Amiddup
Hi Adnan,
Thanks. Do you know if there is a way to leave the scapler on the charts to manage the existing open positions, but not take any new positions? Would setting the take profit level to 0 achieve this? I'm thinking I can then leave scalper to close out open positions whilst using SAAD TrendTracker to manage all new trades - would that work?
Hi Adnan,
Thanks. Do you know if there is a way to leave the scapler on the charts to manage the existing open positions, but not take any new positions? Would setting the take profit level to 0 achieve this? I'm thinking I can then leave scalper to close out open positions whilst using SAAD TrendTracker to manage all new trades - would that work?
No, Setting TP 0 will not achieve this. Only way is to disable to open trades along specific direction in MT4 EA settings as shown below. In this case EA will not be allowed to open trades in specific direction but it will close trades when it is required.
No, Setting TP 0 will not achieve this. Only way is to disable to open trades along specific direction in MT4 EA settings as shown below. In this case EA will not be allowed to open trades in specific direction but it will close trades when it is required.
No, Setting TP 0 will not achieve this. Only way is to disable to open trades along specific direction in MT4 EA settings as shown below. In this case EA will not be allowed to open trades in specific direction but it will close trades when it is required.
I would lik to know the difference between this scalper and your other scalper?
SaadScalper is using steps to recover losses for market order and POs and best fit for M1 and M5. It can open multiple trades.
SaadTrendTracker is not using steps, instead it is carrying losses of one trade and trying to open same trades from lower level/higher level of market using Trend Tracker to compensate initial trade. And best fit for M5, M15 and M30. Relative drawdown is low.