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Scalping Gold using WPR

  • #781
  • Jun 11, 2021 6:34am Jun 11, 2021 6:34am
Quoting Phenotype
This idea is genius. Many thanks to Anthon25. I have been using it manually with great results. I am not a coder and I do not know if this can be done but if someone pops a 200 EMA and only take positions accordingly I think the success will be much higher on 1m Gold. Also not closing if opposite signal hits but only if S L is hit and only if there is not a cross of the 200 EMA.
What time frame are you trading on manually? If its M1 you're seated all day at the trading desk.

This is the first time anyone ever spoken about making the strategy work with some type of enhancement,taking buys and sells according to WPR 9/54 - 30/70 levels,don't work well.Good knowing that people are thinking,I have sent him emails on how to use WPR properly and gain better results and re-engineer the EA to really take profit.Hope he listens because i'm not here to waste time my friends.
  • #782
  • Jun 11, 2021 8:19am Jun 11, 2021 8:19am
Quoting scsstnt
{quote} What time frame are you trading on manually? If its M1 you're seated all day at the trading desk. This is the first time anyone ever spoken about making the strategy work with some type of enhancement,taking buys and sells according to WPR 9/54 - 30/70 levels,don't work well.Good knowing that people are thinking,I have sent him emails on how to use WPR properly and gain better results and re-engineer the EA to really take profit.Hope he listens because i'm not here to waste time my friends.

Yes you are right M1 manually one has to be glued to the screen many hours until your profit is hit. Maybe 2h London and 2h NY.

Just guys and girls look at today Gold just with a 200 EMA and anthon's system but manually. Very pretty.


As is the EA can be dangerous without a babysitter.
  • #783
  • Jun 11, 2021 8:24am Jun 11, 2021 8:24am
Quoting Phenotype
{quote} Yes you are right M1 manually one has to be glued to the screen many hours until your profit is hit. Maybe 2h London and 2h NY. Just guys and girls look at today Gold just with a 200 EMA and anthon's system but manually. Very pretty. As is the EA can be dangerous without a babysitter.
Congrats you're thinking out of the box......thanks very much Phenotype. Keep up your good work
  • #784
  • Jun 11, 2021 8:31am Jun 11, 2021 8:31am
Quoting scsstnt
{quote} Congrats you're thinking out of the box......thanks very much Phenotype. Keep up your good work
Also different S L on London and NY.

Then you got to battle greed etc as we all know and have a set target as Anthon already has.

That is why maybe some people are chasing after EAs to control the greed or to save time as we cannot all be in front of the pc all the time.
  • #785
  • Jun 11, 2021 8:37am Jun 11, 2021 8:37am
Quoting Phenotype
{quote} Also different S L on London and NY. Then you got to battle greed etc as we all know and have a set target as Anthon already has. That is why maybe some people are chasing after EAs to control the greed or to save time as we cannot all be in front of the pc all the time.

Target - 0.5 - 1.5%

Greed is gambling,we all know the result,short-term lifespan......nobody wants to go there

Next week I will test what you suggested
  • #786
  • Jun 11, 2021 4:27pm Jun 11, 2021 4:27pm
good night

TF M1

Steering must always be below or above the EMA 200.

The trigger has to be only if EMA 20 is above or below EMA 200, with signal WPR 54/9

Just a suggestion

Good weekend for all.
  • #787
  • Jun 11, 2021 7:55pm Jun 11, 2021 7:55pm
Quoting Phenotype
This idea is genius. Many thanks to Anthon25. I have been using it manually with great results. I am not a coder and I do not know if this can be done but if someone pops a 200 EMA and only take positions accordingly I think the success will be much higher on 1m Gold. Also not closing if opposite signal hits but only if S L is hit and only if there is not a cross of the 200 EMA.

This is an updated EA

with filter MA 200

Also I have add Max Daily Loss Entry
Attached File(s)
File Type: ex4 BUMAN.ex4   60 KB | 687 downloads
I am completely a lazy Trader & Pennies Rebate Hunter
  • #788
  • Jun 12, 2021 7:56am Jun 12, 2021 7:56am
Quoting anthon25
{quote} This is an updated EA with filter MA 200 Also I have add Max Daily Loss Entry {file}
The trigger has to be only if EMA 20 is above or below EMA 200, with signal WPR 54/9




EMA 200
EMA 20
  • #789
  • Jun 12, 2021 8:02am Jun 12, 2021 8:02am
Quoting forex1x8
{quote} The trigger has to be only if EMA 20 is above or below EMA 200, with signal WPR 54/9 EMA 200 EMA 20
Keep your hand on the steering wheel (EMA 200) - lap & shoulder belts required
  • #790
  • Jun 12, 2021 10:54am Jun 12, 2021 10:54am
Quoting forex1x8
{quote} The trigger has to be only if EMA 20 is above or below EMA 200, with signal WPR 54/9 EMA 200 EMA 20
Sure ... you can adjust the filter MA by EMA on option, i have added all Varian Moving Average on EA
I am completely a lazy Trader & Pennies Rebate Hunter
  • #791
  • Edited 9:32am Jun 13, 2021 5:14am | Edited 9:32am
Hi anthon25,

I worked on your strategy by WPR(9) and WPR(54). I wrote an expert on 5Min (XAU/USD). every things was good. Just one problem:
When I use spread >=1 and <=7 our results is acceptable. but when spread is <1 or is "current" our result is really bad.
would you please help me to solve this problem. I can send you my expert file.

this is my email: { email address deleted by staff }

Regards
Ali
  • #792
  • Jun 13, 2021 7:30am Jun 13, 2021 7:30am
The EA(Expert) has to have the possibility of the two EMAs together.

EMA 200 (direction) EMA 20 below EMA 200 + WPR (Sell trigger)


EMA 20 above EMA 200 + WPR (Buy trigger)
  • #793
  • Jun 13, 2021 8:03am Jun 13, 2021 8:03am
Quoting forex1x8
The EA(Expert) has to have the possibility of the two EMAs together. EMA 200 (direction) EMA 20 below EMA 200 + WPR (Sell trigger) EMA 20 above EMA 200 + WPR (Buy trigger)
Sounds good, I can backtest manual historically looking at XAU/USD and this is where TF matters most for intraday trades
  • #794
  • Jun 13, 2021 8:12am Jun 13, 2021 8:12am
Attached Image (click to enlarge)
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  • #795
  • Jun 14, 2021 1:53am Jun 14, 2021 1:53am
Thanks again Anthon for the updated EA with the MA.

Anyone who uses it (and Anthon) some questions.

1)''Percentage Risk'' option, i placed 0.25

Does this mean 0.25 % ? That is what I want. The EA however seems to open small sizes than the 0.25% On previous EAs i did not face this issue. The percentage calculation by the previous EA was correct.


2) ''Lot'' option is 0.01 .

Is this the minimum option for each broker ? Is this the reason for the option the different digit brokers ?


3) ''Daily target (Base Amount) '' is by default 20 . What does this mean ? as there is another option'' Percentage Daily target '' which is 1.




If someone has time like I do and wants to give this a shot manually I recommend it. If you wait as well for pull backs while there is a trend above/below 200 EMA, and follow the WPR rules as Anthon suggested from the start of this thread and not be greedy this can be your daily driver for 1%-2% daily.

While on the M1 you get some ranging and false signals on the M5 when you get the signal then sometimes it reverses. What I am trying to say I personally prefer the M1.

SL and TP can be at your discretion and I am still trying different takes. Risk has to be 0.25%- 0.5% no more.

Cheers everyone.
  • #796
  • Jun 14, 2021 7:31am Jun 14, 2021 7:31am
Good Morning

I work with the 3 classes as follows:
Tokyo 03:00 to 23:00
London 09:00 to 23:00
NY 15:00 to 23:00

Use the EMA 200 as a filter. Profit from just 50 pipettes.

Tokyo won the 1st entry.

London won on 3rd entry (If you have the EMA 20 filter together with the EMA 200 it would be 2nd entry.)

NY I won on the 1st entry.

green pips for everyone
  • #797
  • Jun 14, 2021 8:07am Jun 14, 2021 8:07am
Quoting forex1x8
Good Morning I work with the 3 classes as follows: Tokyo 03:00 to 23:00 London 09:00 to 23:00 NY 15:00 to 23:00 Use the EMA 200 as a filter. Profit from just 50 pipettes. Tokyo won the 1st entry. London won on 3rd entry (If you have the EMA 20 filter together with the EMA 200 it would be 2nd entry.) NY I won on the 1st entry. green pips for everyone

Greaaaaat.....
I am completely a lazy Trader & Pennies Rebate Hunter
  • #798
  • Jun 14, 2021 8:28am Jun 14, 2021 8:28am
Quoting ak1784
Hi anthon25, I worked on your strategy by WPR(9) and WPR(54). I wrote an expert on 5Min (XAU/USD). every things was good. Just one problem: When I use spread >=1 and <=7 our results is acceptable. but when spread is <1 or is "current" our result is really bad. would you please help me to solve this problem. I can send you my expert file. this is my email: { email address deleted by staff } Regards Ali

I will try my best... just PM me...
I am completely a lazy Trader & Pennies Rebate Hunter
  • #799
  • Jun 15, 2021 9:26am Jun 15, 2021 9:26am
Good Morning today I use the EMA 200 as a filter.
Profit with just 50 pipettes.

Tokyo 1st entry.
London 1st entry
NY 1st entry

green seeds for everyone
  • #800
  • Jun 18, 2021 4:15am Jun 18, 2021 4:15am
Greetings to all!
I signed up with great interest as I trade on XAUUSD .
All green pips!
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