Scalpel EA

[ryaz]

Scalpel is my latest creation and isn't a scalper, enjoy

http://codebase.mql4.com/6141

regards

[syk1kz]

Re: Scalpel EA

 

nice, does it only work on M1 ?

[saendee]

Re: Scalpel EA

 

^:)^ many thanks will have a look :shand:

[syk1kz]

Re: Scalpel EA

 

tp/sl settings are bad i dont like them at all.

 

almost 9wins = 1 loss, way to high.

 

but change the s/l to 50 and t/p to 100 and it works even better, you make more money overall, but you have more loosing trades.

 

atleast if you win 3 trades in a row you can afford 6 loosing trades before you are back to breakeven

 

this is for eurjpy on m1

 

default

http://i33.tinypic.com/wjb9l0.gif

 

with trailingstop 50pip sl 100pip tp

http://i33.tinypic.com/2rrm6mg.gif

 

without trailing stop 50pip sl 100pip tp

http://i34.tinypic.com/280tgko.gif

 

without trailing stop 40pip sl 100pip tp

http://i35.tinypic.com/212alv5.gif

[saendee]

Re: Scalpel EA

 

:-bd please keep thread informed & many thanks in advance ^:)^

[ryaz]

Re: Scalpel EA

 

nice, does it only work on M1 ?

No, but default settings are for M1.

regards