ok daddy here it is
this is my start of the math monster martin...
Ok first here are related links
http://www.forexfactory.com/showthread.php?t=150293
http://www.forexfactory.com/showthread.php?t=129813
http://www.forexfactory.com/showthread.php?t=144198
http://www.forexfactory.com/showthread.php?t=120926
http://www.forexfactory.com/showthread.php?t=59775
These links above have helped me come up with this method.
I would say the most important would be 100x80. That EA works similar to this method.
The spread sheet is up for download but it may change if better ones or updates are added.
When an EA is formed from this method it will be placed here as well.
Method
the method is based similarly to the 100x80 method but was not using offset numbers.
For programmers
The start of the method is checking the spread vs. average spread for a pair. If the spread is too wide, it is not going to trade (wide spread usually indicates news moves). We also might want an option to close all trades until spread returns to normal (in the EA these settings should be optimized for each pair).
Step 1
If spread is normal range, then enter long and short at step 1 price. (To be determined)
Step 2
If movement of "x" pips achieved (movement of x to be determined) enter new trades. One long one short. Confirm new trades. Price of new trades based on step 2 price (step 2 to be determined) also close losing trade from step 1 at the same time.
Step 3
If movement = x , activate step 3 if movement returns price of step 1 then close all trades and reset to (Step 1) if then movement = x in trend direction (away from start at step 1) enter new trades. One long one short. Confirm new trades. Price of new trades based on step 3 price (step 3 to be determined). Also close losing trade from step 2 at the same time.
Step 4-9
These are similar to step 3 other that inputs numbers.
last step
(last step to be defined) closing all trades and resetting to step 1
inputs
Enter trade entry price per pip on all steps.
Winning side and losing side each step has its own entry price.
There must be a limit of steps (fewer steps for smaller accounts)
magic number.
Define super trend or last step
super trend is calculated with (0 SL possible trailing stop) (does not follow last step rules)
last step closes all trades and resets EA
if you need more info please ask away.
Method to the madness
ok this is how the method works and why it would work.
In the 100x80 or 60x90 and all the others they work great until your pair begins to trend beyond the limits of your margin or your account balance- aka the death trade. Well this method works just like their’s but instead of a death trade we are left with a profit. This profit can be achieved because of stacking the deck during trend plus having the retracing for safety.
This method is calculated so it leaves you in a set up at the last step where you win either way it goes.
Explaining the jpeg below
red circled area
this area is the price of each step starting with .20 and moving down
the yellow boxes in there are inputs for movements in this example it’s placed at 20 pips.
blue circled area
the blue box in the example "43.00" is the close of the seventh level the 43.00 = profit of close you will need to factor spread.
yellow circled area
in this area you have 2 colors an orangish brown and light green
first the orange/brown you see 1.00/11.00/23.00/43.00/87.00/179.00 those numbers are your profit if the pair you are trading has reversed after reaching this its level and closed all trades.
the light green area is your loss/profit if closed at that level
this does not factor spread
black circled area
this is accumulated profit/loss you can note that we leave more open on the winning side vs. the losing side this creates an advantage to the winning side.
This is the secret to the math.
this is my start of the math monster martin...
Ok first here are related links
http://www.forexfactory.com/showthread.php?t=150293
http://www.forexfactory.com/showthread.php?t=129813
http://www.forexfactory.com/showthread.php?t=144198
http://www.forexfactory.com/showthread.php?t=120926
http://www.forexfactory.com/showthread.php?t=59775
These links above have helped me come up with this method.
I would say the most important would be 100x80. That EA works similar to this method.
The spread sheet is up for download but it may change if better ones or updates are added.
When an EA is formed from this method it will be placed here as well.
Method
the method is based similarly to the 100x80 method but was not using offset numbers.
For programmers
The start of the method is checking the spread vs. average spread for a pair. If the spread is too wide, it is not going to trade (wide spread usually indicates news moves). We also might want an option to close all trades until spread returns to normal (in the EA these settings should be optimized for each pair).
Step 1
If spread is normal range, then enter long and short at step 1 price. (To be determined)
Step 2
If movement of "x" pips achieved (movement of x to be determined) enter new trades. One long one short. Confirm new trades. Price of new trades based on step 2 price (step 2 to be determined) also close losing trade from step 1 at the same time.
Step 3
If movement = x , activate step 3 if movement returns price of step 1 then close all trades and reset to (Step 1) if then movement = x in trend direction (away from start at step 1) enter new trades. One long one short. Confirm new trades. Price of new trades based on step 3 price (step 3 to be determined). Also close losing trade from step 2 at the same time.
Step 4-9
These are similar to step 3 other that inputs numbers.
last step
(last step to be defined) closing all trades and resetting to step 1
inputs
Enter trade entry price per pip on all steps.
Winning side and losing side each step has its own entry price.
There must be a limit of steps (fewer steps for smaller accounts)
magic number.
Define super trend or last step
super trend is calculated with (0 SL possible trailing stop) (does not follow last step rules)
last step closes all trades and resets EA
if you need more info please ask away.
Method to the madness
ok this is how the method works and why it would work.
In the 100x80 or 60x90 and all the others they work great until your pair begins to trend beyond the limits of your margin or your account balance- aka the death trade. Well this method works just like their’s but instead of a death trade we are left with a profit. This profit can be achieved because of stacking the deck during trend plus having the retracing for safety.
This method is calculated so it leaves you in a set up at the last step where you win either way it goes.
Explaining the jpeg below
red circled area
this area is the price of each step starting with .20 and moving down
the yellow boxes in there are inputs for movements in this example it’s placed at 20 pips.
blue circled area
the blue box in the example "43.00" is the close of the seventh level the 43.00 = profit of close you will need to factor spread.
yellow circled area
in this area you have 2 colors an orangish brown and light green
first the orange/brown you see 1.00/11.00/23.00/43.00/87.00/179.00 those numbers are your profit if the pair you are trading has reversed after reaching this its level and closed all trades.
the light green area is your loss/profit if closed at that level
this does not factor spread
black circled area
this is accumulated profit/loss you can note that we leave more open on the winning side vs. the losing side this creates an advantage to the winning side.
This is the secret to the math.
Attached File(s)
forex nigthmare.xls
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