Ciao a Tutti,
the scalper version of OndaFX EA – aka OndaFX_Scalper EA – is piling up its first profits after the first 8 days of forward testing. The current closed profit is +3.37% and there are no open trades at the moment. This EA – unlike the “standard” OndaFX – does not have very prolonged drawdown periods because it accepts both profits and losses quite fast (most trades get closed before the first 24 hours and a trade rarely stays open for a week or more).
You can track OndaFX_Scalper on MyFxBook on the following link: https://www.myfxbook.com/portfolio/mt4-5163985/820000
If you don’t know why we sent out this free upgrade on OndaFX a couple of week ago, here are some useful links:
Many OndaFX users keep asking if they should use the 1st or the 2nd set file we provided along with OndaFX_Scalper. The answer is simple: trade both! (don’t forget to use different magic numbers though).
- Set file # 1 makes OndaFX_Scalper aim at very short term trades (about 30 pips of take profit and 30 pips of stop loss on each trade)
- Set file # 2 makes OndaFX_Scalper aim at medium short term trades (TP and SL are duynamic and there is also a mechanism for anticipating exits if necessary)
In the forward test account I’m trading both set files pretty aggressively for an expected yearly return around 100%. That means – on a 10K USD account – trading 0.5 lots on the 1st set file and 0.3 lots on the 2nd set file. But of course you can trade smaller lot sizes for having less risk – especially if you already trade other EAs or manual strategies on the same account.
I hope you enjoy this bonus EA If you are interested in OndaFX_Scalper and you don’t currently own a license of OndaFX, then the only way to get it is through the sell page of OndaFX, because the two EAs are sold together in a bundle (and the price is still the same of OndaFX alone