Hello everyone
Im sharing my trading method v2 Its f=gone through quite a lot of refining and I would not say its perfect ( thats one of the reasons Im posting it here ) . Hopefully better coders than I can help refine the strategy . As of today it works well both in Trend(95% accurate) and Range(60% accurate).
It has only two Indicators : Envelope Indicator and Recursive Stochastics. Down Side - It uses Martingale.
v I cant say it will always work but Ive attached it to an Explorer just to show how it works so far.
I would attache both the indicator and the Expert for review and opinions.
Heres GU till today
Heres EU till today
Indicator :
Envelope (55) Exponential, Open , 0.15 Deviation
Expert :
As can be observed Lot size for $500 is set to 0.03 => 10 pip == $0.3
Multiplied by 2 on every Loss.
SL is determined on entry : bands of the Envelope : Upper band for Short Orders , Lower Band for Long Order
TP is also determined at Entry = SL pips
on each new Candle the SL is adjusted to correspond with the Band of the Envelope.
The EA is tested to work on M5 , but should work same on any timeframe ( only that settings would be altered).
It makes its money from Losses, as some loss end up beng so low and the TP is fixed, hence Profit is dynamic.
Im sharing my trading method v2 Its f=gone through quite a lot of refining and I would not say its perfect ( thats one of the reasons Im posting it here ) . Hopefully better coders than I can help refine the strategy . As of today it works well both in Trend(95% accurate) and Range(60% accurate).
It has only two Indicators : Envelope Indicator and Recursive Stochastics. Down Side - It uses Martingale.
v I cant say it will always work but Ive attached it to an Explorer just to show how it works so far.
I would attache both the indicator and the Expert for review and opinions.
Heres GU till today
Heres EU till today
Indicator :
Attached File(s)
Recursive smoothed stochastic.ex4
44 KB
|
948 downloads
Envelope (55) Exponential, Open , 0.15 Deviation
Expert :
Attached File(s)
Envelope_RecursiveStoch.ex4
28 KB
|
911 downloads
As can be observed Lot size for $500 is set to 0.03 => 10 pip == $0.3
Multiplied by 2 on every Loss.
SL is determined on entry : bands of the Envelope : Upper band for Short Orders , Lower Band for Long Order
TP is also determined at Entry = SL pips
on each new Candle the SL is adjusted to correspond with the Band of the Envelope.
The EA is tested to work on M5 , but should work same on any timeframe ( only that settings would be altered).
It makes its money from Losses, as some loss end up beng so low and the TP is fixed, hence Profit is dynamic.