The Channel Scalper

[rsmereka]

Originally Posted by misterocupo

hi mate
i have checked my mt4:
-i have all thick right, now i am understand the problem, my broker has my real account only read.
thank you
i update you soon

Glad you found the problem.

Good luck.

Rick

[misterocupo]

now it works very well, on USD/CAD risk 1, minlot 1

much money

at moment i miss to watch magadroi in working

thank's

PS
do you have any informations about scooby ea?

[rsmereka]

Originally Posted by misterocupo

now it works very well, on USD/CAD risk 1, minlot 1

much money

at moment i miss to watch magadroi in working

thank's

PS
do you have any informations about scooby ea?

Can you please post the set file based on your USDCAD settings?

I never heard of scooby ea.

Rick

[misterocupo]

hi rick
this is my set.
i have important question:
why this ea have opened all order in sell, also when the take profit is in buy?
i write yesterday order
time 2010.08.05 00:22
type SELL
size 0.60
symbol GBP\USD
price 1.5884
S\L 1.59434
T\P 1.58944
clouse price 1.5944
profit -36.00

can you halp me? please

[rsmereka]

Originally Posted by misterocupo

hi rick
this is my set.
i have important question:
why this ea have opened all order in sell, also when the take profit is in buy?
i write yesterday order
time 2010.08.05 00:22
type SELL
size 0.60
symbol GBP\USD
price 1.5884
S\L 1.59434
T\P 1.58944
clouse price 1.5944
profit -36.00

can you halp me? please

Thanks for the set file,

This EA only ever opens sell orders. I have never seen it open buy orders. There is nothing that I have seen in the settings to change this so I suspect it has been programmed by the author in the code.

If you want the EA to do both sides, I think you should ask the EA author.

Rick

[sriniurs]

Is it normal for it open 110 trades at a time. i tried all settings but not able control it. but the fun is it is winning all, but for how long?? doubled my account in 2 days. too bad i was running it on demo account!!!!!!!!!

[rsmereka]

Originally Posted by sriniurs

Is it normal for it open 110 trades at a time. i tried all settings but not able control it. but the fun is it is winning all, but for how long?? doubled my account in 2 days. too bad i was running it on demo account!!!!!!!!!

Hello and Welcome,

No, it is not normal. I think you need to use a good set file to load the settings. Download the set file I posted in post #26 of this thread. Load this set file into your running EA. You will also need to set the time offset.

What broker are you using?

Rick

[kwazycool]

Hi rsmereka,

Thank you for starting this thread on The Channel Scalper, kinda jumped in here after reading your post on the Megadroid thread, do you have any idea on the ROI for channel scalper from the time that you started to trade it from May this year? Thanks.

[rsmereka]

Originally Posted by kwazycool

Hi rsmereka,

Thank you for starting this thread on The Channel Scalper, kinda jumped in here after reading your post on the Megadroid thread, do you have any idea on the ROI for channel scalper from the time that you started to trade it from May this year? Thanks.

Hi kwazycool and Welcome,

I assume you are referring to running Channel Scalper on my live account. The start date on this was Feb 23, 2010. All of this information is in my trading journal. I have been posting week end and month end live results forever. I just went back and summarized the data.

Month  Trades     ROI     Post #
=====  ======     ===     =====

 Feb       9      .34%     363
 Mar       7     6.10%     383
 Apr      18     2.53%     393
 May      35    33.98%     418
 Jun      18     2.11%     460
 Jul      18    15.50%     472

The total ROI is 60.56% or 10.09% per month average (based on 6 months).

Rick

[nivti1]

Hi,
where could I find "channel scalper" release 1.06 or 1.11?
which one seems work better?
How to set the multi-options?
On Which currency pairs could Channel-Scalper run?

Thank you for advance