Near blowing account (90%) Although I made an adaptation to the system which now gives it 20% dd with that kind of volume.

Using a compounding version I could up the risk to 10,000 volume (0.1 lots), meaning I couldve started with 0.1 lots per 1k anywhere between 2015-now without blowing the account (max risk).

No SL, No martingale as OP said 'If price goes from last entry against the direction of the trade, open at the Open of every new day an additional market order with same lot size as original trade.'. This is not martingale, this is just doubling ...

GBPCAD (01/01/2015 - now) Balance: 1000 Volume: 5000 (0.05 lots) TP: 50 pips Prev bar pips: 150

The platform is cTrader, the language it uses is cAlgo which is based on C#.

Coded this strategy for myself, has great results.

How would you propose programming this without using hindsight? Using the fictional basket of trades?

I coded the EA into cTrader so I could backtest it using tick data. The EA gets good results at first, but goes through deep drawdowns and always ends up bust. I'm not 100% sure I coded the algo correctly and definitely implemented some features ...

I coded an aglo (EA) for the predator strategy for cTrader if anyones intrested, you can get it for free (or donation) at: url Email me at { email address deleted by staff } for the source code.

I coded the predator box for cTrader if anyones intrested, you can get it for free (or donation) at: url

How can one do this without getting a margin call?

Hoping to break the drama lol: Valid setup? Thoughts? Thanks in advance!

How does this have to do with "avoiding losers"? The only thing you'll achieve is missing more setups and perhaps even better ones. Trading is not a one way street, you could (maybe) trade one way after you've identified a clear trend, but even this ...

This won't work, renko bricks repaint and you show past actions which you could not have predicted. Don't want to be a pessimist. Wish you the best anyways!

I am very dissapointed in this thread, eventhough this is over 10 years ago. I have been trying to find the diffirence between wma and lmafor a while now. Maybe if one of you guys took the time to answer instead of critique lots of people would have ...

Don't know about the indicator, but maybe you could use diffirent platforms to seperate your demo and live accounts. You could for example use the official mt4 platform for your demo-accounts and your brokers platform for your live accounts. Just an ...

Pen and paper.

Rule three of the buy setup states: “3. Bar 3 closes above the CLOSE PRICE OF BAR 1 (if it has a BEARISH BODY” By this logic isn’t this a false signal?