Scalping Strategy

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Amol Sahare
  • updated

I am working on the strategy and need help for configuration.

Indicator  setting as below:

Stochastic 

    Image 3304

    MACD (Retracement): 

    Image 3305

    MACD (Trend Direction): 

    Image 3306

    Condition for Sell order: Stochastic a touch 80 both line  and line crossover and MACD (Retracement) histogram buying direction and MACD (Trend direction)  histogram selling direction.

    Condition for Buy order: opposite of selling condition.

    Refer below screenshot for your reference.

    Target: 1:2

    Image 3307

    Setting File

    CP_MACD_Scalper_Ver1.0

    MT version:
    Set for MT5 only
    EA version:
    2.48
    Symbol:
    EURUSD
    TimeFrame:
    1M
    Replies 5
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    Ulises Cune

    Hello Amol,

    This is the strategy with CP v2.48

    I don't know how to close the trade with "Target=1:2", I think CP doesn't have this option, so it closes with Stoch in profit.

    Some modifications can be made to improve it, if you do, please share them.



    EURUSD_1000USD.set

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    0
    Ulises Cune

    Sorry, I sent a correction from me about your strategy:

    Stochastic a touch 80 both line and line crossover


    EURUSD_1000USD.set

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    Amol Sahare

    Ok,

    Actually i am trying to configure MACD setting, if histogram is in green then it should generate the sell signal and another MACD histogram red then it should generate sell signal.

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    Ulises Cune

    Buy on Main > 0 / Sell on Main < 0 and Reverse=True. Check the images.

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    Amol Sahare

    Hi Ulises sir,

    Thanks for your input.

    Please find the below output and setfile. (OctaFX)

    Setting file:

    CP_EURUSD_Scalper_200USD_Ver2.0.set

    Need improvement.

    Thanks