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Thread: Scalping-pro - the next Holy Grail?!

  1. #1
    Solved, please Tablet8's response below
    I've recently discovered this EA that reveals amazing results in tests. The www does not say much.
    Attachment 1766726
    Problem is that the coder made it so it cannot be used on live trading, be it actual or demo account. And this makes me raise an eyebrow.
    I usually dismiss these magical money making tools, but this one intrigues me because I can't get how it functions. Usually once I test an EA I get at least an idea and I will understand it. This one, no. I couldn't find any plausible explanation about how trades are opened. They seem arbitrary. Have a look below.
    Attachment 1766736
    So this really is a question for the experienced traders and coders. How does it work? What is the main idea? What do you believe?
    Curiosity is killing me lol
    Feel free to download and test it, if you desire. Also, please understand I don't have any connection with the creator and I'm not trying to advertise anything here. Actually I think that one must be insane to cover an EA that can not even be tested on a demo account.
    https://forexintuitive.com/attachmen...1294088343.ex4

  2. #2
    There are brokers with disperse less than 1.0 pips (e.g. IC Markets EURUSD around 0.0 pips, but you have to pay comission).

    In scalping a spread of two points is unrealistic. With a lot of scalping procedures you will lose with this spread.

  3. #3
    Hi should give demonion.
    This is how real LIVE scalper should operate: http://www.myfxbook.com/members/trad...yz-414/1287306

  4. #4
    Quote Originally Posted by ;
    hi should give demonion. This is how actual LIVE scalper need to work: http://www.myfxbook.com/members/trad...yz-414/1287306
    u have a nice broker !!

    Is your disperse constantly mended? (even at the time of very important news like FOMC or unemployment rates... ?)
    And how much is the spread for all those pairs u trade with mad beaver?

    I understand a person who purchased this robot for 2449 $ but he was constantly loosing in actual.

    Several months back I was very curious about angry beaver, at the time I didn't knew that the key is the disperse and disperse slippage when I found that I forget about it .

  5. #5
    Im gunna give you a valuable tip: Anything that has the name scalping in it, you're best just to stay away. Don't waste time on broker sensitive progr, that's all you.

    Spend the brief quantity of time you have in life seeking to last out to the marathon of trading, maybe not the primary 100m sprint.

    THIS EA WILL NOT WORK IN LIVE

  6. #6
    Quote Originally Posted by ;
    Im gunna give you a valuable tip: Anything which has the name scalping in it, you're best simply to keep away. Do not waste time on broker sensitive systems, that is everything you doing wasting your own time. Spend the short quantity of time you have in life looking to continue out to the marathon of trading, not the initial 100m sprint. THIS EA WILL NOT WORK IN LIVE
    you're only basing that on past experience.
    I ran my own system 6 weeks in average and live 37% a month scalping automated.
    Most scalpers neglect cos they are programmed too slowly.
    Thats why they backtest nicely.
    But they are too slow in real trading.
    Mine is quickly in both.

  7. #7
    Quote Originally Posted by ;
    quote you are only basing that on previous experience. I ran my system 6 weeks in average and live 37 percent a month scalping automated. Most scalpers neglect cos they're programmed. Thats the reason they backtest. But they're too slow in real trading. Mine is fast in both.
    I scalp successfully and profitable(look at my TE).

    IM not saying it CANT be done, I am simply saying as general advice to individuals on forums and also this post since it is basing claims from a backtest/demo account that exploits the fact of 0 slippage and ideal fixed spread(unrealistic in live environment).

  8. #8
    Quote Originally Posted by ;
    quote the true name of the rubbish expert is mad beaver, it cannot make any profit in actual account , in back test it gives u tremendous result having a spread less than 9 point or 0.9 pips mended , since there's absolutely no broker with such a tiny fixed spread , therefore it is not possible to make money from this robot is tricking people by spread tick and trick !! Here's the link for this rubbish robot ! Https://www.mql5.com/en/market/product/1982 if u want to test it place the spread to 20 point , then u can see the true outcome ...
    Thanks. Now I know how it manages the cash so that it will test
    I still can't figure out how it selects the trades. I think random

  9. #9
    It Can't Be used on real account or Demonion, well that says it and additionally, It's always better to go Direct rather than trust your account to Another party software..just my 2 cents

  10. #10
    Quote Originally Posted by ;
    So this really is a matter for the knowledgeable traders and coders. How does this function?
    If you want a programmer to reverse engineer the egy from the code, you will have to supply the .mq4 file.

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