Mr. Cash, are there certain situations where we should do the SSB instead of BBS? Or it doesn't really matter and we can always do the BBS? thanks
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Dislikedhi guys, i have ea for this system, created by awank
profit$ = 10; //close when profit $10
loss$ = -20; //create another batch (averaging) when loss -$20, if you dont want to averaging, set this number with huge number.Ignored
Dislikedthis ea should have another feature if you trade a bbs after you profit and it close the trade it should open automaticly a ssbIgnored
DislikedMr. Cash, are there certain situations where we should do the SSB instead of BBS? Or it doesn't really matter and we can always do the BBS? thanksIgnored
DislikedWhat I have seen from Spieler's Hedge thread long time back is that, Std. deviation of the third pair (gbpchf when gbpusd, usdchf an gbpchf are used) is used for direction finding, SSB or BBS. It could assist somewhat in choosing the initial direction. If Std. Dev is above 0.5 sell gbpchf and buy other two and vice versa.
Spieler's thread started with trading eurusd and usdchf with the help of eurchf deviation and later on traded only eurchf..So all three pairs were not used.
SwingMan's indicator used for std. dev. is attached. I only hope that...Ignored
Dislikedthe reason to reverse it is because actually in calculation it should go evenly but if it didnt move evenly and you profit about 20 pips you need to do a opposite direction because eventually it will pull back is like a swing rubber band but if you go only 1 direction only bbs all the time it doesnt make sense in calculation that it will move all the time in profitIgnored
DislikedGood-day Cash4u2,
I don't think we need anymore proof to give that this strategy is high profitable with minimal risk.
Thank you cash and God Bless you.Ignored
DislikedThank you very much for your kind words, oluwadare.
I am glad to read, that the number of happy people is growing on this thread.
Anyway, we need a better Expert Advisor than those we had already.
I told you that I have contacted two coders, to help to create an EA, with which it is possible to trade both directions, bbs and ssb on a single basket (three pairs). The problem is the first one does not answer and the second one wanted money to code it, but did not tell me how much he/she wanted to code it and pulled the coding offer back.
So if...Ignored
DislikedCash,
You dont want to balance out the tick value. The unbalanced value is what lets you take profit on the synthetic pair you created with the basket. If you balance out the tick values there would be no exposure and no exposure, no profit.
As an example look at the acct statement oluwadare posted few posts back. Now take a look the last 2 baskets on there. Both are creating a synthetic usd/jpy short trade. Now notice both baskets were open for around 2 days. Now pull up a chart for usd/jpy and notice how from the time the baskets were open,...Ignored