Scalping system #15 (Black Magic)

If someone can confirm that it will profit consistently, I can post an indicator that will show the figures easily enough. Unfortunately the EAs I write are for $, which may be counter to the spirit of this great site. However, I can do the indicator easily enough, then hopefully we can be happy to work this idea out. Obviously M1 wouldn't work, so it would be interesting to know if this is just an idea or a workable strategy.

I am testing indicators for this.

First, 2 things for clarification in this thread:

1) HL/2 is properly defined as the High (upper shadow or "wick" of a candle) minus the Low (lower shadow or "wick" of that candle) divided by 2. For a candle gaining value, the uppermost body (or "bar") of the candle is properly defined as the Close. The lowermost body (or "bar") of the candle is properly defined as the Open. The inverse applies to a candle losing value. I mention this because the strategy author refers to "bars" in a post here, but HL/2 is actually calculated on the "wicks." My indicators use the actual HL/2 ("wicks").

2) Strategy states open a buy position upon HL/2 decrease and open a sell position upon HL/2 increase, but a post here states open a sell position upon HL/2 decrease and open a buy position upon HL/2 increase. My indicators use the original strategy (open a buy on decrease, sell on increase).

I have found that backtesting is notoriously unreliable in MT4, especially for shorter timeframes. I received a 0% accuracy during backtesting and I am not surprised. However, I am forward testing on the M1 EUR/USD chart now. I am using 3 Simple Moving Averages. Each is set to calculate the median (HL/2) average of only 1 period (1 candle). Basically, it's a HL/2 price per closed candle calculator. I added 11 pips to the sell indicator caluculation, and subtracted 11 pips from the buy indicator calculation, and shifted both forward 1 period. Basically, when the current candle closes with its HL/2 MA above or below either of the previous candles' MAs (shifted forward to current time), a buy or a sell is triggered respectively.

These indicators also use 5 digit micro pips because regular 4 digit pips almost never trigger (I use .00011 difference in price instead of .0011 difference in price). This is actually 1.1 pips instead of the stated 11 pips.

I should note, I wrote the EA using a code generator (Molanis) so it is useless outside of my pc. However, I will post the indicators (coded on my own) in the Scalping Systems section if they are profitable.

Testing complete. Stay away from this scalping system. It will drain your account. Forward tested using Hign+Low/2... and a 2nd version using Open+Close/2 just in case. Suggest the system be removed from the list.

all r here r a***holes......
first trade and then learn it urself...
then try this ..
here is most of fuc*ing guys dont know H+L/2.shame on u.
experience in mkt is important.
i just wanna tell u guys, this mkt is very risky, dont trade with ur money.
u'll loose everything....yeah everything..
Beware... thinks on it.. and stay away 4m forex mkt.
ITS RISKY mkt.
after 4yrs of experience in mkt, i just wanna tell u i was loosing money till 1 yr .... in th8 1 yr i also made money with my talent or trading analysis... b8 it was like recovering account after loss ,so there was no profit actually, i was recovering my lost money till 1 and half yr..i loss bcoz of fuck*ng indicators, EA, forex signlas. after that i realized the mkt is risky,so i started trading again with my own strategy...now i tell u dont follow indicators, EA, forex signlas. these r totally fakes they will make to divert ur mind 4m trading, makes u sick...

Can somone help to provide profitable EA with this system? Thanks in advance!

dudes don't you get it? this strategy is magic, black magic.. help yourself by asking how to use it to a voodoo doll (not available in nearby stores).

This system is great if you like to receive a call from Mr Margin!

please post pictures