Silly Scalping Shocker

Filed Under (EA System, Journal) by Casey on 05-11-2009

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I recently started a project… Project Silly Scalping.

This project started when I was nostalgically retesting both FAPTurb0 and DragonPips, but with a different twist.

Instead of following their recommendation, I only focus their scalping strategy on only one currency pair, which was EURCHF. Why only one currency pair?

Well firstly it was because the backtesting result for these scalping EA does well with EURCHF… Don’t know if it’s the pair characteristic or the EA, but somehow that particular currency pair does well for all scalpers…

Secondly, it was easier to manage. Previously I followed their manual, and open up a lot of charts and MT4 just to accommodate the results. It was a killer… I kinda killed myself trying to manage and at times tweak the settings here and there… if I did it for one I had to do it for the rest in order to see consistency.

It was kind of stupid… but hey… it’s meant to be a lesson to me. And a lesson I have learned. So two simple reason, even if I do backtest and try to optimize the settings. I won’t go crazy…

Anyway… coming back to my story…

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