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Suggestion Any profitable EA

monkey said:
my demo results of last 2 weeks 17% gain on fpmarkets with just GBPUSD

View attachment 113432

note: this is SolidarityEA

come together people!

In South Africa... we praise solidarity amid the pandemic
Click to expand...


I have one very similar it's called price action scalping. It does work but you need to have a vps close to the mt4 server to reduce latency and not overusing the vps
 
monkey said:
it is one of my own strategies I code, FREE and UNRESTRICTED for all. It used to be named RawIncome on the market but I have modified recently, ( no it is not monkeypips or a derivative )

Bottlom line you need a very good broker.

here is the writeup:


Raw Income is a breakout strategy that uses pending orders to catch quick movements in the market.
This strategy is typically a spike trader and is more active at high impact news.

Pairs:
  1. EURUSD
  2. GBPUSD
  3. USDJPY
  4. USDCAD
  5. Others...


Settingsv
  • Comment
    The Trade Comment.
  • Magic
    1 = Magical Trading
  • Market Slippage
    The slippage in each order request.
  • Tick Filter
    A value of 2 means the pending orders are only adjusted every 2nd tick, higher values enable higher trading frequency and lower values allow better quality trading.
    Values: 1 - 5
  • Tick Samples
    The number of ticks used to calculate the average spread value.
    Values: 30 - 300
  • Trade Request Seconds
    The minimum number of seconds between each trade request. Some brokers only allow 1 request per second.
    Values: 1 - 60
  • Order Modify Seconds
    The number of seconds to adjust the pending stop orders.
    Values: 60 - 900
  • Start Hour
    The start hour for trading each day.
    Values: 0 - 23
  • End Hour
    The end hour for trading each day.
    Values: 0 - 23
  • Aggressive
    The factor at which aggressive trading is activated.
    A value of 1 is least aggressive and does not allow additional trades to be opened.
    Values: 1 - 5
    If you trade with a value greater than 1.0 then its recommended that you have a Secondary Terminal.
  • Max Spread Limit
    The maximum spread in points used to open new trades.
  • Min Spread Limit
    The minimum spread in points used to calculate trade parameters.
    This is an important parameter for pairs that have low spread it allows the strategy to trade similar to larger spreads.
    The following settings are all measured as a representation of the pair's spread.
  • Signal Size
    The distance measured in spreads that the strategy uses as it's signal to open positions or adjust orders.
    Values: 0.5 - 5.0
  • Order Distance
    The distance measured in spreads that the order will be placed from the market price.
    Values: 1.0 - 100.0
  • Max Distance
    The maximum distance to keep orders within this distance in spreads from the price.
    This value must be greater than Order Distance.
  • Stop Loss
    The number of spreads used for the Stop Loss.
    Values: 1.0 - 100.0
  • Max Trailing
    The maximum distance the trailing stop will be set.
    Values: 1.0 - 100.0
  • Trailing Target
    The distance used to calculate the lag on the trailing stop.
    Values: 1.0 - 50.0
    This value should be greater than the Max Trailing value.
Click to expand...
whats the timeframe?

also you are using the default setting?
 
i am using shark scalper EA that you can find on the mql5 and it's doing a good job. dragon scalper pro from the same developer is good too.
 
monkey said:
it is one of my own strategies I code, FREE and UNRESTRICTED for all. It used to be named RawIncome on the market but I have modified recently, ( no it is not monkeypips or a derivative )

Bottlom line you need a very good broker.

here is the writeup:


Raw Income is a breakout strategy that uses pending orders to catch quick movements in the market.
This strategy is typically a spike trader and is more active at high impact news.

Pairs:
  1. EURUSD
  2. GBPUSD
  3. USDJPY
  4. USDCAD
  5. Others...


Settingsv
  • Comment
    The Trade Comment.
  • Magic
    1 = Magical Trading
  • Market Slippage
    The slippage in each order request.
  • Tick Filter
    A value of 2 means the pending orders are only adjusted every 2nd tick, higher values enable higher trading frequency and lower values allow better quality trading.
    Values: 1 - 5
  • Tick Samples
    The number of ticks used to calculate the average spread value.
    Values: 30 - 300
  • Trade Request Seconds
    The minimum number of seconds between each trade request. Some brokers only allow 1 request per second.
    Values: 1 - 60
  • Order Modify Seconds
    The number of seconds to adjust the pending stop orders.
    Values: 60 - 900
  • Start Hour
    The start hour for trading each day.
    Values: 0 - 23
  • End Hour
    The end hour for trading each day.
    Values: 0 - 23
  • Aggressive
    The factor at which aggressive trading is activated.
    A value of 1 is least aggressive and does not allow additional trades to be opened.
    Values: 1 - 5
    If you trade with a value greater than 1.0 then its recommended that you have a Secondary Terminal.
  • Max Spread Limit
    The maximum spread in points used to open new trades.
  • Min Spread Limit
    The minimum spread in points used to calculate trade parameters.
    This is an important parameter for pairs that have low spread it allows the strategy to trade similar to larger spreads.
    The following settings are all measured as a representation of the pair's spread.
  • Signal Size
    The distance measured in spreads that the strategy uses as it's signal to open positions or adjust orders.
    Values: 0.5 - 5.0
  • Order Distance
    The distance measured in spreads that the order will be placed from the market price.
    Values: 1.0 - 100.0
  • Max Distance
    The maximum distance to keep orders within this distance in spreads from the price.
    This value must be greater than Order Distance.
  • Stop Loss
    The number of spreads used for the Stop Loss.
    Values: 1.0 - 100.0
  • Max Trailing
    The maximum distance the trailing stop will be set.
    Values: 1.0 - 100.0
  • Trailing Target
    The distance used to calculate the lag on the trailing stop.
    Values: 1.0 - 50.0
    This value should be greater than the Max Trailing value.
Click to expand...

Thank you very much for your great contribution, you can give me a bit of knowledge for its use, I still cannot understand how it works and that makes it difficult for me to fine-tune the parameters according to the pair, or maybe you have the sets saved per pair, I would like to try it out in demo . Thanks a lot!!!
 
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