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New EA Prototype M1 Scalper

GreenWitch

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Hello

Need testing/optimize and review of my latest EA creation.
This is my first attempt to make a minute chart scalper
For use with low spread under 25 but can change to 0 & up.
 

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  • DensityScalperEA.ex4
    DensityScalperEA.ex4
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  • density scalper testing 3.png
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Last edited:
Hello

Need testing/optimize and review of my latest EA creation.
This is my first attempt to make a minute chart scalper
For use with low spread under 25 but can change to 0 & up.

Set it up last night. So far am I amused. But it is V1.
Density Scalper.png

Should I stop it and use v2?
 

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  • Density Scalper.png
    Density Scalper.png
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I think this makes all the highs and lows amazingly with the minute chart but doesn't handle risk appropriately
 
Hello, is it possible to reduce the limit orders?
I think is to much.
I tried it in the settings, unfortunately no success

Thanks, Volker
 
You can by these settings

input int limitquantity = 40;
input int limitbuffer = 20;

And due to the strategy there can be many trades occurring from the envelopes so they follow the right direction so I dont know that it helps reducing trades just without the settings but also reducing entries.
 
You can by these settings

input int limitquantity = 40;
input int limitbuffer = 20;

And due to the strategy there can be many trades occurring from the envelopes so they follow the right direction so I dont know that it helps reducing trades just without the settings but also reducing entries.

OK, thanks, I'll try
 
Here's a template and an image of the inner and outer entry and exit.
The EA is setup to take these crosses and keep expiry open until exit.
Let me know if some other way is better
 

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