Dislikedopps sorry, i'm change already, https://www.myfxbook.com/portfolio/mt4-478805/755113, tqIgnored
wow this is nice. 126%+
good run!
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Dislikedopps sorry, i'm change already, https://www.myfxbook.com/portfolio/mt4-478805/755113, tqIgnored
DislikedHi I am still getting the " Cannot load IndicatorMethods.Dll". Can you please help me. {image}Ignored
DislikedI cannot backtest and live testing using demo.. pls help.. although the errors has gone.. and the logs shows {image} while doing testerIgnored
DislikedPromised EA is a grid system based on my own indicator to detect trend change together with martingale strategy. Starting lot is 0.01. If trade goes deep more than 8 level I use 5 pips profit target to close all trades. I demo this system since August and yet still not have a losing month and max DD is 20% and monthly return around 30%. Unfortunately Global Prime changed their demo server so I have start over again since last month. If you are afraid of martingale, this system is not for you. On another thread I have been attached and lectured by...Ignored
NOW HOW TO TRADE... updated on 15-10-2013
Rules of trading SSII
1.Your account balance must be greater than USD 7000
2.We divide the balance into two stages :
a.Stage one for trading : 60% of your account
b.Stage two for safety : 40% of your account
3.Your account must be micro : meaning the first deal you can make is 0.01 lot = 0.1 $a.The maximum trade size is 0.05 lot = 0.5 $
b.The minimum trade size is 0.01 lot = 0.1 $
4.You choose two different pairs and you check the correlation between them, it must be –ve value ( the –ve sign here to show that both pairs are in opposite direction. ) and must be higher than a limit value , this limit value depends on the system you used to get correlation factor, I advise you to check forex street site, however, whatever the unit of the figure will be, the number should be above -5, or -0.5 or -50% meaning, from -5 to -10, or from -0.5 to -1.0 , or from -50% to -100% .a.What is the maximum top and what is the lower bottom for each pair compared to the recent and today ask/bid price.
b.Then if the difference is less or equal to a range 1000 pips to 1200 pips ( this is up to you to decide ) but I advise less than 1000 , then
c.The pair in the bottom will be your buy x 0.01 lot
d.The pair in top will be your sell x 0.01 lot
e.Sometimes I look to the swap to determine if I will add more trade size in the +ve sign of the swap to make more money at night if the market goes against my trade.
6.The question why we used the unit 1000 pips, that is, it is noticed that in most of short areas lets from 3 years and above, the market will not exceed a certain top or a certain bottom.a.So, the trade 0.01 lot = 0.1 $
b.You have spared 60% of your account as above
c.Then if you want to protect your deal , without stop loss, then safety pips you need are 100$/(0.1$/pips) = 1000 pips , and if you are inside the range of this then you will not lose the deal, and
d.Even if the market goes against you, it will not reach the top unless there are stronger conditions but this night nit happen always,
e. The after a certain distance from going against you begin to make counter trend deals of let’s say same 0.01 lot or higher till you reach to 0.05 ay most
f.The distance depends on how much you are aggressive, I advise the beginners to use grid of 100 pips, then 110 pips and so on
g.At the same time when the trend goes in your direction of the open trade, do not be greedy, just simply collect 12 to 25 pips profit at most, and I advise 15 pips ( before I was saying 21 pips ) it is up to you
h.But do not be greedy, and smaller profits will allow you to avoid in the last trade in the direction of the trend any further floating losses, then when the market passes 21 pips against you after you open the last trade in its direction, directly begin opening counter trend deals beginning of 0.01 lot
i.Sometimes I am aggressive, so I do not wait to reach 21 pips against the last trade, then I open my counter trend deal, and sometimes I do not wait 100 , 110 ..etc. pips, but I open it faster by lest say 24 or 50 or 80 pips, this is up to you but the best is 100 pips
j.Do not close the floating loss trades, try to make compounding, I do advise to use the manual way by using the as built program in \mt4
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k.And just wait , simply this is not scalping system, as you might wait few minutes to one month to collect your deal, but at the end , the market will go in your favor or in the direction of your old opened trades, and because of this I said earlier try to use the +ve swap to gain some income from carry trade at night
7.That is all, do not be greedy, and good luck…· Small lot size 0.01 to 0.05 lot
· Try to trade the +ve swap only and follow the above methods, but, if you want to trade the –ve swap instruments ( pairs ) then try to use the least –ve swap, that is : use the +ve swap and run away from –ve swap.
· Keep 40% of your account for safety, because soon or later the market will retrace to your wrong trades if you use the method 1 above.
· Use the +ve swap to overcome the commissioning rates by the broker and o return your paid expenses to the broker by the same method he is using it against your trades .
Dislikedeven our curves of the balance are nearly identical... Yes here is my system curves. {image}Ignored
Dislikedso where can i find promisedEA? the attached file is only indicatorIgnored
Disliked{quote} sorry Mr. Xlitang if i use your thread to post my first thread page, i am really sorry, but as the two systems i feel they have the same output i posted mine here. i like your system too much and i am a fan of your way of trading.. again thank you samer :nerd:Ignored
DislikedHi, Xlitang, For the past week, the ea just open long position. Is that normal? I'm using Alpari uk. https://www.myfxbook.com/portfolio/mt4-478805/755113 Thanks!Ignored