Scalping strategy, what do you think about it?

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07/03/2017 at 11:49 PM #39740 quote

Cameron
Participant

New

sorry guys just worked out how to do it 🙂

07/04/2017 at 8:58 PM #39822 quote

T-rader
Participant

Average

Hey man!

I don´t know if it´s IG australia that have so few days in 100´000 bars or what it is but this is how it looks to me with a little bit longer test frame. and 0.6p spread.

cam2.png cam1.png

07/04/2017 at 11:38 PM #39832 quote

Cameron
Participant

New

Hi T-man, Thanks heaps for that……. I was hoping that it would do a little better but thems the breaks. Think I will try some tweaks and again appreciate your help.

07/05/2017 at 2:07 PM #39883 quote
T-rader
Participant

Average
No worries mate. FYI you can´t have a 4p stop in Eur/usd. 5p is minimum.

Beware – extremely over-optimized code
```
// Definition of code parameters
DEFPARAM CumulateOrders = True // Cumulating positions deactivated
// Conditions to enter long positions

indicator10 = Average[200](close)
indicator22 = Average[100](close)
c10 = (indicator10 > indicator22[1])

indicator1 = CALL bolcam(close)
c1 = (indicator1 < 0)
indicator2 = RSI[14](close)
c2 = (indicator2 < 45)
indicator3 = RSI[18](close)
indicator4 = BollingerDown[50](RSI[18](close))
c3 = (indicator3 < indicator4[1])
indicator5 = RSI[20](close)
indicator6 = BollingerDown[10](RSI[20](close))
c4 = (indicator5 CROSSES OVER indicator6)
 
IF c10 and c1 AND c2 AND c3 AND c4 THEN
BUY 1 CONTRACT AT MARKET
ENDIF
 
// Stops and targets
SET STOP pLOSS 20
SET TARGET pPROFIT 10
```
eu.png
07/05/2017 at 5:02 PM #39896 quote

JR1976
Participant

Veteran

HI Guys,

IT’s seems working well , but will be interesting to test before april , when EUR/USD is in bearish trend … ?

07/07/2017 at 4:00 AM #39981 quote

victormork
Participant

Veteran

Just a quick add to this: should the cumulated orders be set on true and not false?

07/07/2017 at 7:14 AM #39983 quote

Cameron
Participant

New

Hi. Yes it seems to perform better (at least when I have ran it live) with it set to true
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