So what is the problem with normal range break out and why do we need a trap The problem is that we have so many false break outs The other important reason is that we are LAZY We either don't want to bather with TA/FA, or we simply don't ...

Trap Breaker

Good Question, although you missed the +42 number. My Answer +35, -21, +66, -25,-22, +42 1. Bullish Impulse translates to +35/20 = +1 (rounded) 2. Bearish Impulse translates to -21/20 = -1 (rounded) 3. Bullish Impulse translates to +66/20 = +3 ...

Need4Speed Scalping

The Range_Detective Indicator will not be used in the Trap Breaker Robot but the concept will be built in the Robot itself. I just made the indicator for visual understanding of the idea. The problem with Trap Breaker is that it can ruin the account ...

Trap Breaker

Range_Detective Inputs : - Range Bars : Minimum Number of Bars (candles) to check for the Range Points (or Pips depending on broker digits) - Range Points : Max Number of Points (Or pips) to consider a range - History Bars : Number of bars to go ...

Trap Breaker

This is the Golden Question Actually some fellows already shared their method of how they trade it manually. What I offered here (IMHO) is a better interpretation of Volume, compared to Tick Volume. So one way of trading it is to Watch the Speed at ...

Need4Speed Scalping

Not at all belief, Lets first define the Speed, as everything else is related to it. Speed : You car speed is measured by Kilo Meter Per Hour (KMPH) or Miles Per Hour (MPH) Price speed ​is measured by Points Per Second (PPS). So basically it means ...

Need4Speed Scalping

True. The thing is that I didn't have the chance to do any development last week. As I mentioned earlier, we will have EAs with different driving modes: Turbo, 4x4, RushHour, ... etc.

Need4Speed Scalping

I am using N4S_05 which is an EA but I am using it as an indicator (disable live trading), and used the impulses count to decide on entry/exit. There is a link to it in 1st post.

Need4Speed Scalping

Yes. Manually I've been using stochastic with default settings and wait for a bounce off 50, or a cross down above 80 or cross up below 20.

Need4Speed Scalping

I am using the robot for signals and trade them manually around overbought/oversold and range areas with averaging up/down based on signal power. For E/U & G/U speed=20 pps. For U/J speed=15 and for GOLD speed=30. As I said earlier I am still ...

Need4Speed Scalping

Beginner's Luck !

Need4Speed Scalping

Version 4 counts the number of impulses regardless of impulse power while Version 5 takes impulse power into consideration.

Need4Speed Scalping

Hi doerpn, The 3 time frames used in your settings are D1, W1 & MN1. Having a SL of 25 pips will generate large number of consecutive losses ---> large draw down. Also using Trailing Stop of 35 pips will stop profits from running. ---> difficult ...

Robot Lab Project

Thanks doerpn, Regarding the spread issue, if your broker is 5-digit (i.e. EURUSD has 5 decimals), you should use a spread of 20, While if your broker is 4-digit (i.e. EURUSD has 4 decimals) then you use 2 for the spread. Note : CLS is designed for ...

Robot Lab Project

Hi gharti, do you still have this issue ? If yes, check the Journal for any errors.

Need4Speed Scalping

Hi maxtill, I missed your post. It can open trades auto. Or you can "disable live trading" from EA properties, and trade the signals manually.

Need4Speed Scalping

Actually I didn't invest more on Correlation Divergence, but I have pending requests on making an MT4 version. My schedule is very crowded these days, and the only way to implement all ideas is to quit my job, which I certainly will not do. Or maybe ...

Robot Lab Project

Hi GoldTheHun, I moved the basket project to a separate thread Basket Robots. But haven't got the time lately to continue the project, Hopefully Soon. Regards, Khalil

Robot Lab Project

Signals on OB/OS Plus Market Bias, nothing solid yet, still experimental and traded manually. I think I should remove the Trade Explorer as it might be confusing

Need4Speed Scalping