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- metalhead replied Mar 2, 2010
Anyone a millionaire yet?
- metalhead replied Jun 1, 2009
bump for discussion of this strategy in the futures market
- metalhead replied May 21, 2009
I was running some simulations with a variation of this strategy on futures. It gets super expensive very quickly. One poster said they did it with the YM... I'm curious how because if you start with 1 contract (the lowest possible), at level 10 you ...
- metalhead replied May 14, 2009
I'm interested in this if you still check this thread ever
- metalhead replied May 5, 2009
Thanks for the reply. You're right. I don't know why I didn't realize that there's no loss on the spread until I read your reply. Each time you're just buying or selling more than the previous time. I think I was confusing it in my head with a ...
- metalhead replied May 3, 2009
bump for answer to that question
- metalhead replied Apr 27, 2009
Bump for answer to this question?
- metalhead replied Apr 20, 2009
i've been away from a few weeks working on other projects. How are you guys doing in this thread?
- metalhead replied Mar 24, 2009
what's a .tpl file? Which folder do I put it in? Sorry I'm new.
- metalhead replied Mar 23, 2009
Did I miss the section in this thread where you guys talk about the spread? If you buy at 1.3000 with a TP at 1.3040 and SL at 1.2990, when price goes down to 1.2990, depending on if you use the bid or the ask, the buy order will close at 1.2990 and ...
- metalhead replied Mar 22, 2009
nanningbob, While I agree 100% that no one would let a $18,000 account go to zero... If manually closing trades out after x dollar losses is part of the system, then why not code the EA to do that? In other words, if the EA is programmed to allow an ...
- metalhead replied Mar 19, 2009
You know I thought about that, but then you would have to be sure to un-hedge in a similar position. For example: You're at level 3 going short and don't feel like taking the loss. A news release is coming up. You hedge. Price spikes up 1000 pips ...
- metalhead replied Mar 19, 2009
But sometimes when it ranges nothing happens. What if you're at level 2 or 3 and FOMC is coming up tomorrow in 24 hours... you can't close your position cuz it'd be a loss... but maybe nothing will happen for the next 18 hours to trigger another ...
- metalhead replied Mar 19, 2009
This may be of some help to the stuff discussed in this thread. It's from Aug 04 so it's a bit dated, but it shows average hourly range by pair: url
- metalhead replied Mar 19, 2009
In for support. Looks good so far. Also in for a discussion about hedging martingales. Does your system allow for trading multiple positions on the same currency at the same time?
- metalhead replied Mar 18, 2009
Actually, on that note, what do you do if you're already in a trade, say level 3, and an important news release is coming in the next 2 hours (before you think your trade will exit on its own)? Do you take the loss and restart later?
- metalhead replied Mar 18, 2009
So basically it says "omg this price is moving way too fast! Abort!!!"
- metalhead replied Mar 18, 2009
What is your anti-spike protection? Hedging?
- metalhead replied Mar 18, 2009
what just happened on the EURUSD? A 200 pip spike on the 1 min chart. Was that FOMC? Holy crap! Never seen that before (never traded Forex before tho).
- metalhead replied Mar 18, 2009
Is it true that there's no way to change the timezone on MT4? Mine defaults to GMT. I googled it and read a few threads on other forums where they said you cannot change it, but the threads were from 2007 so hopefully they've implemented this ...