Question orion ea scalper
- Thread starter Sandeep Ratha
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very interesting question, I changed them, I think remember that it not work well with the same magic number....
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no, I didn't test it yet because I am testing Orion first and the people say that is the same EA.
It's the same as Orion? Orion came with a shitload of indicators. Not this EA. I wil have a look this weekend.
I don't know if you noticed in the film, he has no minuses in history. Which is very strange, and I'm really curious how to achieve this.
I can make it open only one position is not a problem, but how to set it to look like in the movie, that's a big question.
I can make it open only one position is not a problem, but how to set it to look like in the movie, that's a big question.
Yes it is the same, these nice-looking indicators are completely unnecessary.
Hi
Nice results...
My concern with strategy would be that there are 3 EUR pairs with max order on each pair set at 20 ( but the EA generates up to 40 for some reason) so if you get caught on the wrong side of a strong EUR trend you could potentially have 120 x 0.01 trades open in a $2000 account? The EA does occasionally seem to generate some hedging trades but still potentially risky on small balances. Some lengthy forward testing in different market conditions should show how it copes though...
Thanks
Every EA must be approached wisely, careful and not greedy, if someone thinks that EA with $100 will make $10k and will do so until the end of the world, is a huge mistake.
And certainly Orion is not like that, Orion is one of the better if not the best EA I've encountered, but it needs more capital and constant monitoring.
You can use it as a day trading , and this gives mega results, turn on 9:00 CET and turn off 18:00 CET where at that time it will make u even 10 -100% profit, of course risk-dependent.
Test it, find the perfect pair, use up to 3, I think it's better as 1 because they support each other. I am testing different variants of Orion EA, with opening only 1 position, 10, 20 ... also as Automagico wrote, one chart sell second chart buy and and and, to understand EA and choose perfectly you have to spend time on it.
Most just wait for ready settings and solutions, do nothing, do not test themselves, and later write that EA is bad, EA is weak, EA blows acc.
With this approach, each EA will work identically - Blow ACC
In addition, most always do their own thing, the creator writes that a minimum required dep is $1000 and they give $100 and have a claim, the creator writes that only works on EU they give XU and they have a claim.
And certainly Orion is not like that, Orion is one of the better if not the best EA I've encountered, but it needs more capital and constant monitoring.
You can use it as a day trading , and this gives mega results, turn on 9:00 CET and turn off 18:00 CET where at that time it will make u even 10 -100% profit, of course risk-dependent.
Test it, find the perfect pair, use up to 3, I think it's better as 1 because they support each other. I am testing different variants of Orion EA, with opening only 1 position, 10, 20 ... also as Automagico wrote, one chart sell second chart buy and and and, to understand EA and choose perfectly you have to spend time on it.
Most just wait for ready settings and solutions, do nothing, do not test themselves, and later write that EA is bad, EA is weak, EA blows acc.
With this approach, each EA will work identically - Blow ACC
In addition, most always do their own thing, the creator writes that a minimum required dep is $1000 and they give $100 and have a claim, the creator writes that only works on EU they give XU and they have a claim.
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totally agree.
This is the second best EA I know of, I am doing 99% BT to pick the best pairs etc, no need to change much settings, just try with or without MA200 and with or without Reverse, for some counterintuitive reason not I still understand the Reverse option is usually better (if it contradicts my logic I take it as a good sign because following my logic I have lost money so I suppose it is similar to the logic of the majority who lose money and not that of those who earn it) . Soon I will be uploading the results that I have obtained so you can replicate them and confirm or not.
This is the second best EA I know of, I am doing 99% BT to pick the best pairs etc, no need to change much settings, just try with or without MA200 and with or without Reverse, for some counterintuitive reason not I still understand the Reverse option is usually better (if it contradicts my logic I take it as a good sign because following my logic I have lost money so I suppose it is similar to the logic of the majority who lose money and not that of those who earn it) . Soon I will be uploading the results that I have obtained so you can replicate them and confirm or not.
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This is my review for this thread:
One of the 4 or 5 profitable EAs that I have found among thousands during years of testing.
One of the 4 or 5 profitable EAs that I have found among thousands during years of testing.
Automagico / Arkuda,
Great advise / tips and thanks for sharing.
I also see the potential in this EA as I've been forward testing for a few weeks and results are good but you always have in the back of your mind that with no stop loss and loads of trades being generated you can get caught out. At the moment though that hasn't been the case and Orion has performed well.
I'm also going to forward test with a stop loss just to compare - I know returns won't be anywhere near what it can generate without one or even may not be profitable but it's worth trying it on demo which I'm going to start next week....
Do you trade of a 5 min chart? Or a different TF?
I have m5 but I am thinking about m30
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hello comrades
Maybe you had already seen it but from me I discovered that the EA works mainly with the 21-period Bollinger Bands and 10-period Envelopes, it also uses a 10-period MA but I'm not sure how, I suppose as a filter in some way ...
the point is: as it works with the bankrupt and reverse BB and Envelopes, it would be good to take into account the schedules, Reverse to work within a range, for example in Asian hours and without that option to work with London and NY hours .. .
Do you know any EA that can be added to the platform to control trading hours? that is, to enable or disable Autotrading according to the hourly?
It is also good to know this because you start to see a reasonable logic behind the EA ...
Maybe you had already seen it but from me I discovered that the EA works mainly with the 21-period Bollinger Bands and 10-period Envelopes, it also uses a 10-period MA but I'm not sure how, I suppose as a filter in some way ...
the point is: as it works with the bankrupt and reverse BB and Envelopes, it would be good to take into account the schedules, Reverse to work within a range, for example in Asian hours and without that option to work with London and NY hours .. .
Do you know any EA that can be added to the platform to control trading hours? that is, to enable or disable Autotrading according to the hourly?
It is also good to know this because you start to see a reasonable logic behind the EA ...
I was wondering about that because i saw youtube video where they use 1hr tf.
Brian Andreas
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U're right . . Based on video orion ea is very very profitable . . But i try in backtest and forward test . . Its very very hard to survive from market condition (i use 5m and 15m eurusd) . . I dont know and want to know how they use best setfile on video . . Maybe anybody know about it . . Please share . .
I asked the maker of this video about the set file. He wanted to know if i paid for the EA before giving me the file.
Paid...yeah right....
Lol.. of course you did..