Hey Guys,
I am super happy to release today the OGT Zone Recovery EA v1.0.
The Zone Recovery trading system is a money management hedging strategy that allows you to profit EVEN WHEN PRICE GOES AGAINST YOU!.
You set a fixed take profit which if hit the EA closes out at a profit. If the market moves against you by x pips (which you define) it opens a trade in the opposite direction (hedge trade) at a slightly higher lot size (again which you define). This process continues until price breaks in either direction.
You can watch my journal where I go through the system in more detail and me trading the strategy with a paid EA here.
I thought there was real potential with the system that I set out to create a similar version for FREE! I've partnered with another FF member Alistair, who was kind enough to take the time to code this indicator for us (big shout out to him - he is an excellent coder).
I got him on my OGT YouTube channel where we talk about:
1) EA Input Settings
2) Two Modes (Semi Automated / Fully Automated)
3) Fully Automated Back Test Example
4) Our Preferred Settings
Like we mention in the video, there are two modes semi automated where you place the initial trade and the EA manages the trade based on your settings. There is also a fully automated mode which uses the RSI MTF strategy which can be found here.
Both Alistair and I are keen on developing this EA with more functionality and trading systems and would love to hear your guys thoughts on how we can make this the best Zone Recovery EA out there for FREE!
Looking forward to your feedback.
OGT Zone Recovery EA v1.0
OGT Zone Recovery EA v1.1
OGT Zone Recovery EA v1.2
OGT Zone Recovery EA v1.3
Thanks,
Zoheb.
I am super happy to release today the OGT Zone Recovery EA v1.0.
The Zone Recovery trading system is a money management hedging strategy that allows you to profit EVEN WHEN PRICE GOES AGAINST YOU!.
You set a fixed take profit which if hit the EA closes out at a profit. If the market moves against you by x pips (which you define) it opens a trade in the opposite direction (hedge trade) at a slightly higher lot size (again which you define). This process continues until price breaks in either direction.
You can watch my journal where I go through the system in more detail and me trading the strategy with a paid EA here.
I thought there was real potential with the system that I set out to create a similar version for FREE! I've partnered with another FF member Alistair, who was kind enough to take the time to code this indicator for us (big shout out to him - he is an excellent coder).
I got him on my OGT YouTube channel where we talk about:
1) EA Input Settings
2) Two Modes (Semi Automated / Fully Automated)
3) Fully Automated Back Test Example
4) Our Preferred Settings
Like we mention in the video, there are two modes semi automated where you place the initial trade and the EA manages the trade based on your settings. There is also a fully automated mode which uses the RSI MTF strategy which can be found here.
Both Alistair and I are keen on developing this EA with more functionality and trading systems and would love to hear your guys thoughts on how we can make this the best Zone Recovery EA out there for FREE!
Looking forward to your feedback.
OGT Zone Recovery EA v1.0
Inserted Video
Attached File(s)
OGT Zone Recovery EA v1.0.ex4
49 KB
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3,298 downloads
OGT Zone Recovery EA v1.1
Inserted Video
Attached File(s)
OGT Zone Recovery EA v1.1.ex4
52 KB
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1,324 downloads
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Uploaded Oct 21, 2020 11:46am
OGT Zone Recovery EA v1.2
Inserted Video
Attached File(s)
OGT Zone Recovery EA v1.2.ex4
51 KB
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1,809 downloads
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Uploaded Oct 21, 2020 11:45am
OGT Zone Recovery EA v1.3
Inserted Video
Attached File(s)
OGT Zone Recovery EA v1.3.ex4
60 KB
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3,518 downloads
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Uploaded Dec 8, 2020 5:11pm
Thanks,
Zoheb.
Never stop investing. Never stop improving. Never stop doing something new