Comments for What to do... http://xelsson.se Discussions on financial investments and trading. Sat, 04 Sep 2010 19:34:37 +0000 http://wordpress.org/?v=2.7.1 hourly 1 Comment on Follow-up on scalper performance at JadeFX by admin http://xelsson.se/?p=895&cpage=1#comment-2960 admin Fri, 03 Sep 2010 09:47:54 +0000 http://xelsson.se/?p=895#comment-2960 Hi Matt. I shouldn't keep it secret of course. No point in doing that. Basically the one that have been making 95% of the trades on the JadeFX account is The Channel Scalper v1.12 (from tradingsystemsforex elite section) with three different setups. All of them trade EURGBP. The first one used a TP of 4 and SL of 49. The second set used a TP of 4 but a SL of 18 and the third one a TP of 3 and SL of 18. It is the third one that have been working far better than the other two. With a TP of 3 it is able to close more trades and get new ones going. The newly introduced EA is the RSI MA Scalper trading EURUSD. I have optimized it using tick data which resulted in a trading window of just two hours every night (think it is 1930-2130 GMT, at work now so I can't check). I use the v1.02 mod by Lordorly still, haven't tested the lastest version (1.03). I've also started optimizing v1.13 of the Channel scalper and found some differences. Seems like a TP of 5 and SL of 17 can be good with it. I've been running it in demo for a week and the entries are better than with 1.12 (which is why the TP can be increased and SL decreased I guess). I'm also trying to find a EA that can trade GBPUSD nicely, and the XBars MA Scalper seems to be the best pick right now. Running some optimizations. I'll do another post about it with some info from the backtests soon. Hi Matt.

I shouldn’t keep it secret of course. No point in doing that. Basically the one that have been making 95% of the trades on the JadeFX account is The Channel Scalper v1.12 (from tradingsystemsforex elite section) with three different setups. All of them trade EURGBP. The first one used a TP of 4 and SL of 49. The second set used a TP of 4 but a SL of 18 and the third one a TP of 3 and SL of 18. It is the third one that have been working far better than the other two. With a TP of 3 it is able to close more trades and get new ones going.

The newly introduced EA is the RSI MA Scalper trading EURUSD. I have optimized it using tick data which resulted in a trading window of just two hours every night (think it is 1930-2130 GMT, at work now so I can’t check). I use the v1.02 mod by Lordorly still, haven’t tested the lastest version (1.03).

I’ve also started optimizing v1.13 of the Channel scalper and found some differences. Seems like a TP of 5 and SL of 17 can be good with it. I’ve been running it in demo for a week and the entries are better than with 1.12 (which is why the TP can be increased and SL decreased I guess).

I’m also trying to find a EA that can trade GBPUSD nicely, and the XBars MA Scalper seems to be the best pick right now. Running some optimizations.

I’ll do another post about it with some info from the backtests soon.

]]> Comment on Follow-up on scalper performance at JadeFX by Matt http://xelsson.se/?p=895&cpage=1#comment-2959 Matt Fri, 03 Sep 2010 09:08:53 +0000 http://xelsson.se/?p=895#comment-2959 Hi - Great to know that your scalpers are still doing well. August for me was a good month too - my Alpari account showed about a 30% increase which was really impressive. Out of curiosity - What EA's are you now using to achieve the above results? Email me at my email address if you don't want to post the names on here... Hi - Great to know that your scalpers are still doing well. August for me was a good month too - my Alpari account showed about a 30% increase which was really impressive.

Out of curiosity - What EA’s are you now using to achieve the above results? Email me at my email address if you don’t want to post the names on here…

]]> Comment on Scalpers on fire the last month(s) by Matt http://xelsson.se/?p=879&cpage=1#comment-2860 Matt Wed, 18 Aug 2010 11:13:51 +0000 http://xelsson.se/?p=879#comment-2860 Hi, you're right in the fact that I can't Back test the combination of the two EA's. However - I've Backtested the scalper that I use and it's reliably given an overall profit for a 4 year backtest. It's just that If I can cap the profits consistently each day, then I'll limit myself and the risk and have more control over my Money Management (which on a small account I want). Also - I'm thinking that as the lot size grows, the quicker the TP of $8 will be hit. I'm not sure if I follow you with regards to the TP EA monitoring DrawDown. All I can see the options that it uses is that it can close all trades or based on specific Magic Numbers using Fixed Times; Profit or Loss in Pips and dollars; and can also hedge trades and open trades based on certain profit or loss etc. Will dig out the forum link that I got it from if you interested. It's quite reliable. Hi, you’re right in the fact that I can’t Back test the combination of the two EA’s. However - I’ve Backtested the scalper that I use and it’s reliably given an overall profit for a 4 year backtest. It’s just that If I can cap the profits consistently each day, then I’ll limit myself and the risk and have more control over my Money Management (which on a small account I want). Also - I’m thinking that as the lot size grows, the quicker the TP of $8 will be hit.

I’m not sure if I follow you with regards to the TP EA monitoring DrawDown. All I can see the options that it uses is that it can close all trades or based on specific Magic Numbers using Fixed Times; Profit or Loss in Pips and dollars; and can also hedge trades and open trades based on certain profit or loss etc.

Will dig out the forum link that I got it from if you interested. It’s quite reliable.

]]> Comment on Excellent tick data for 100% backtests by admin http://xelsson.se/?p=876&cpage=1#comment-2857 admin Wed, 18 Aug 2010 07:56:26 +0000 http://xelsson.se/?p=876#comment-2857 I opted to only download the majors and EURCHF, GBPCHF, EURGBP crosses. Cut back on download and processing time. It took about 5 hours to do the processing on my computer for each pair, but I ran four at a time to fill my quad-core CPU. So I have CSV's laying here now, but still haven't gotten around to run the rest of the steps... Wish someone would have made a complete download-process-install script :) I opted to only download the majors and EURCHF, GBPCHF, EURGBP crosses. Cut back on download and processing time. It took about 5 hours to do the processing on my computer for each pair, but I ran four at a time to fill my quad-core CPU. So I have CSV’s laying here now, but still haven’t gotten around to run the rest of the steps… Wish someone would have made a complete download-process-install script :)

]]> Comment on Scalpers on fire the last month(s) by admin http://xelsson.se/?p=879&cpage=1#comment-2856 admin Wed, 18 Aug 2010 07:51:49 +0000 http://xelsson.se/?p=879#comment-2856 Sounds very good on $8 on $400. The only drawback of the setup I guess is that you can't backtest it. Does the TP EA also monitor total drawdown? Sounds very good on $8 on $400. The only drawback of the setup I guess is that you can’t backtest it. Does the TP EA also monitor total drawdown?

]]> Comment on Scalpers on fire the last month(s) by Matt http://xelsson.se/?p=879&cpage=1#comment-2839 Matt Mon, 16 Aug 2010 10:18:12 +0000 http://xelsson.se/?p=879#comment-2839 My scalpers have been doing pretty good for the last 2 months as well. I'm using an asian session scalper on my main account, with a medium sized lot size, but then I also use a profit monitoring EA that will automatically close all open trades from a specific Magic number once a target profit in dollars has been met. This way, what I'm seeing is that sometimes the scalper I use has a large take profit in pips, and since it is hidden, I'm not sure of the exact criteria it uses to exit. So in effect, I use the asian scalper to give entry signals and the TakeProfit EA to close the trades. Working pretty well so far for me - Making $8 a trade, and it usually opens about 2 trades a night, which is ok for currently a $400 account. My scalpers have been doing pretty good for the last 2 months as well. I’m using an asian session scalper on my main account, with a medium sized lot size, but then I also use a profit monitoring EA that will automatically close all open trades from a specific Magic number once a target profit in dollars has been met. This way, what I’m seeing is that sometimes the scalper I use has a large take profit in pips, and since it is hidden, I’m not sure of the exact criteria it uses to exit. So in effect, I use the asian scalper to give entry signals and the TakeProfit EA to close the trades.

Working pretty well so far for me - Making $8 a trade, and it usually opens about 2 trades a night, which is ok for currently a $400 account.

]]> Comment on Excellent tick data for 100% backtests by admin http://xelsson.se/?p=876&cpage=1#comment-2634 admin Wed, 28 Jul 2010 21:00:59 +0000 http://xelsson.se/?p=876#comment-2634 Oh, is it _that_ huge. I will have to wait til I get back home. :) Oh, is it _that_ huge. I will have to wait til I get back home. :)

]]> Comment on Excellent tick data for 100% backtests by Matt http://xelsson.se/?p=876&cpage=1#comment-2632 Matt Wed, 28 Jul 2010 16:00:58 +0000 http://xelsson.se/?p=876#comment-2632 Large volumes are invovled. I've used 17 currency pairs, ran the download twice (to fill in a few missed gaps during first download pass) and the raw tick data has come to around 9 GB, and processing into the CSV files is coming into around 4GB CSV files per pair so ~ 70GB for CSV. Still doing the conversation on my PC - around 40 Hours for download, and its looking like 36 hours for CSV conversion! Will let you know once I can actually perform a backtest! Large volumes are invovled. I’ve used 17 currency pairs, ran the download twice (to fill in a few missed gaps during first download pass) and the raw tick data has come to around 9 GB, and processing into the CSV files is coming into around 4GB CSV files per pair so ~ 70GB for CSV.

Still doing the conversation on my PC - around 40 Hours for download, and its looking like 36 hours for CSV conversion!

Will let you know once I can actually perform a backtest!

]]> Comment on Excellent tick data for 100% backtests by admin http://xelsson.se/?p=876&cpage=1#comment-2629 admin Wed, 28 Jul 2010 06:51:32 +0000 http://xelsson.se/?p=876#comment-2629 I missed my window this weekend, as I'm on a business trip to Belgium for two weeks now. If I don't download to one of the VPS's that is... Worth a go perhaps. :) I missed my window this weekend, as I’m on a business trip to Belgium for two weeks now. If I don’t download to one of the VPS’s that is… Worth a go perhaps. :)

]]> Comment on Excellent tick data for 100% backtests by Matt http://xelsson.se/?p=876&cpage=1#comment-2628 Matt Tue, 27 Jul 2010 23:04:33 +0000 http://xelsson.se/?p=876#comment-2628 Thanks for this - I started with the tutorial and the php script to download the tick data. I started it at around 4pm yesterday and it's still going - pulled down about 8 gigs so far. I recommend you get it going as soon as you can as it takes ages! Thanks for this - I started with the tutorial and the php script to download the tick data. I started it at around 4pm yesterday and it’s still going - pulled down about 8 gigs so far. I recommend you get it going as soon as you can as it takes ages!

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