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		<title><![CDATA[Forex Software — m1 Scalper]]></title>
		<link>https://forexsb.com/forum/topic/1672/m1-scalper/</link>
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		<description><![CDATA[The most recent posts in m1 Scalper.]]></description>
		<lastBuildDate>Tue, 03 Aug 2010 18:13:07 +0000</lastBuildDate>
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			<title><![CDATA[Re: m1 Scalper]]></title>
			<link>https://forexsb.com/forum/post/5939/#p5939</link>
			<description><![CDATA[<p>Hey dodgy,</p><p>Thanks for answering in my topic - please find some strategies I created for 1 minute attached. But since it is different broker probably they will not work for you....but try them and optimize them. At least my CPU power can be useful for someone else.<br />I have Instaforex datafeed. Last number in the name is what profit would be in a month starting from 10000.</p><p>Some image examples:</p><p><a href="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/listo.png"><span class="postimg"><img src="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/th_listo.png" alt="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/th_listo.png" /></span></a></p><p><a href="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/grabbo.png"><span class="postimg"><img src="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/th_grabbo.png" alt="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/th_grabbo.png" /></span></a></p><p><a href="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/disposition.png"><span class="postimg"><img src="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/th_disposition.png" alt="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/th_disposition.png" /></span></a></p><p><a href="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/rewrite.png"><span class="postimg"><img src="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/th_rewrite.png" alt="http://i614.photobucket.com/albums/tt229/Haridas100/FSB%20forex/th_rewrite.png" /></span></a></p>]]></description>
			<author><![CDATA[null@example.com (acharyadas)]]></author>
			<pubDate>Tue, 03 Aug 2010 18:13:07 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5939/#p5939</guid>
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			<title><![CDATA[m1 Scalper]]></title>
			<link>https://forexsb.com/forum/post/5933/#p5933</link>
			<description><![CDATA[<p>Hi everyone,</p><p>I saw a few requests for EAs that trade off the one minute chart.&nbsp; I set the following criteria for setting my strategy:</p><p>1.&nbsp; Profit target was to increase account balance by at least 0.5% each week.<br />2.&nbsp; Trade regularly.&nbsp; (I get antsy waiting for setups, not a good trait for a forex trader, but i know myself).<br />3.&nbsp; A preference for short profit targets over long ones if possible to optimize for the same sort of profits.<br />4.&nbsp; Minimal drawdown.&nbsp; Much more than 1% of account balance would make me nervous.<br />5.&nbsp; Not over optimized.&nbsp; I believe all the setting still turn a profit if changed to slightly higher or lower settings.</p><p>This strategy is set to run with GO Markets.&nbsp; Usual EURUSD spread is about 1 - 1.5 pips (although they say it&#039;s tighter) so they are a good candidate for a scalping broker.&nbsp; However, they are a five digit broker and MT4 reads the pip settings as point settings (at least in the way i have it set up), so the following conversions apply 10 points = 1 pip.&nbsp; For example, the stop loss set at 141 pips is actually 14.1 pips.</p><p>I am now forward testing it on MT4. I have attached the strategy.&nbsp; I would very much like to hear about any mistakes i have made, or modifications that could improve it.&nbsp; Don&#039;t foget to change the pip setting to match your broker if you need to.</p><p>Please remember, this is not intended to be an EA for traders looking to hit home run trades.&nbsp; If it would deliver steady returns of 10%- 20% a year, using good money management, i&#039;d be delighted.</p><p>Thanks everyone.</p><p>Enjoy.</p><br /><p>Strategy Properties<br />Same direction signal - Nothing <br />Opposite direction signal - Close <br />Permanent Stop Loss - None <br />Permanent Take Profit - None <br />Opening Point of the Position<br />Bar Opening<br />Enter the market at the beginning of the bar<br />Base price - Open <br />Opening Logic Condition<br />Moving Averages Crossover<br />The Fast MA is higher than the Slow MA<br />Base price - Close <br />Fast MA method - Simple <br />Slow MA method - Simple <br />Fast MA period - 26 <br />Slow MA period - 180 <br />Fast MA shift - 2 <br />Slow MA shift - 3 <br />Use previous bar value - Yes <br />Opening Logic Condition<br />RSI<br />The RSI is lower than the Level line<br />Smoothing method - Simple <br />Base price - Close <br />Smoothing period - 24 <br />Level - 35 <br />Use previous bar value - Yes <br />Opening Logic Condition<br />Stochastics<br />The Slow %D changes its direction upward<br />Smoothing method - Simple <br />%K period - 5 <br />Fast %D period - 2 <br />Slow %D period - 1 <br />Level - 23 <br />Use previous bar value - Yes <br />Opening Logic Condition<br />Moving Averages Crossover<br />The Fast MA is higher than the Slow MA<br />Base price - Close <br />Fast MA method - Simple <br />Slow MA method - Simple <br />Fast MA period - 83 <br />Slow MA period - 165 <br />Fast MA shift - 11 <br />Slow MA shift - 4 <br />Use previous bar value - Yes <br />Closing Point of the Position<br />Trailing Stop Limit<br />Exit at the trailing Stop Loss or at the constant Take Profit level<br />Initial Stop Loss - 141 <br />Take Profit - 90<br /><a href="http://www.postimage.org/image.php?v=TsRKH6J"><span class="postimg"><img src="http://s2.postimage.org/RKH6J.jpg" alt="http://s2.postimage.org/RKH6J.jpg" /></span></a></p>]]></description>
			<author><![CDATA[null@example.com (dodgy)]]></author>
			<pubDate>Tue, 03 Aug 2010 05:47:18 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5933/#p5933</guid>
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