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  #25 (permalink)  
Old 05-08-2010, 09:04
MDunleavy's Avatar
MDunleavy MDunleavy is offline
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Join Date: Aug 2009
Posts: 228
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Forex Scalping Expert Advisor “Stomper”

Expert advisor “Stomper” is forex scalping expert advisor. The expert advisor “Stomper” was created at finding a certain trend in the forex market. Using the channel method, we managed to reach unprecedented results. It appears that the market is so regular that each period of time, taken for optimization, will be repeated until a currency movement trend changes (it hasn’t happened very often lately). The channel method of identifying a market entry is easy: we should identify channel calculation diapason, draw channel borders (the forex scalping system “Stomper” will draw them virtually), and enter the market at rebound from border. Exit is carried out on the same principle; you just need to wait for an opposite signal. You can use only one order when you are in the market! After that for optimization of the process you should choose working hours of the forex scalping system “Stomper”. It is very easy: choose any currency pair and figure out the most flat and regular period, then correct working hours, and start testing. This principle turns out to be very simple and easy. Let’s give an example in addition to the above:
Choose time from 22 till 1 Server time: GMT +1
Parameters of the advisor:
OpenHour1 ;
CloseHour1=1;
OpenHour2=21;
CloseHour2=23;
Then choose a channel:
ChannelBars = 8;
The default currency pair was GBPCAD with spread no more than 11!



pic.1 Forex Scalping Expert Advisor “Stomper” trading mechanism explanation

learn more about forex scalping expert advisors

BJF Trading Group inc.
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