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- Acolyte replied Jul 18, 2024
And how do you determine support and resistance levels? What kind of indicator - in-built or custom one of your own? Also, what is the exit strategy?
Share your trading systems
- Acolyte replied Jul 17, 2024
But how often do you open the positions? Price moves very often, and opening new positions is going to run you to margin call very quickly.
Share your trading systems
- Acolyte replied Jul 17, 2024
What are the other risk-to-reward ratios that make sense? We optimized our signals for the cases that it would be highly unlikely to loose the entire deposit. People are different, and we wanted to see what other options are there. Would you be ...
Quantum foam of the market
- Acolyte replied Jul 16, 2024
Not too bad - we also started there, trying to maximize the profits while missing on the risk management basics. What kind of strategy do you use with your example?
Quantum foam of the market
- Acolyte replied Jul 16, 2024
What do you mean by the "order manipulation"? As for the floating we think it's good enough - we were planning to lower it to 300$, but overall 500$ is much better in terms of risk-to-profit.
Quantum foam of the market
- Acolyte replied Jul 16, 2024
Here's an example backtest for last 1.5 years on one pair, AUDCAD image And here its breakdown image We simulated withdrawals every 30 days when total profit exceeds 100$. Of course, it can be done without it, but we prefer to reduce the risk of ...
Quantum foam of the market
- Acolyte replied Jul 16, 2024
Yes, we tested it on Gold and have a couple of demo accounts running on it. It's very trendy and already blown a couple of demo accounts, requiring a minimum of 5k to run it without running into 50% drawdown. Same for GBPUSD/EURUSD. We don't offer ...
Quantum foam of the market
- Acolyte replied Jul 15, 2024
I wasn't saying it would not be valid, I'm saying you, as an owner of YOUR strategy, need to know nitty-gritty details about each and every bit. That's the only way to minimize risks and avoid blaming the maker that he/she didn't account for ...
Automated trading vs Manual Trading
- Acolyte replied Jul 15, 2024
The best backtests are in the trade explorers we have - they're real accounts, and some are running for well over a year. Not sure how good trade explorer is here for you, but here's the MQL5.com statistics. You will be able to find more detailed ...
Quantum foam of the market
- Acolyte replied Jul 15, 2024
We have variations for entering the market with the first order, mainly SuperTrend and RSI, sometimes MAs/EMAs. It could've been skipped entirely and replaced with a coin toss, but we decided to add a little extra and start opening orders in the ...
Quantum foam of the market
- Acolyte replied Jul 15, 2024
It's only a loss if positions are closed. There is another grid strategy which does the opposite, BUT you will need to make the correct guess about where the price will be going. With what I've described there's no need to guess, you let the market ...
Quantum foam of the market
- Acolyte replied Jul 15, 2024
Hello Erebus, The strategy is quite simple - wait for a signal to open an order, and then continue opening others with the same direction/type on a fixed distance. Take profit is set at break-even, with a little extra added to make it profitable, ...
Quantum foam of the market
- Quantum foam of the marketStarted Jul 14, 2024|Trading Discussion|20 replies
Hello everyone! On this forum there are many discussions of strategies & tactics on how to ...
- Acolyte replied Jul 13, 2024
Heyas there! It's likely because most people try EAs, and do not add any effort on making them work. It's understandable since it's not their EAs and they cannot change them much without having the source code, or the knowledge of its inner ...
Automated trading vs Manual Trading
- Acolyte replied Jul 13, 2024
System #1 Sell when price goes up Keep selling when it keeps going up, on preset grid distance Set take profit on break-even, with a little bit of extra Rinse-and-repeat System #2 Buy when price goes down Keep buying when it keeps going down, on ...
Share your trading systems
- Acolyte replied Apr 27, 2021
Join to above poster - where on MQL is it available on for testing and purchase?
SunCoin EA - Quality and Quantity
- Acolyte replied Dec 14, 2020
T4Trade, to each of their own, I believe it is simple enough as basic rules are very simple. It’s the mistake of ones’ mind that tries to overcomplicate things, or thinking that it needs to do some work (improvement), or make a contribution before ...
Trading is as simple as 1-2-3
- Acolyte replied Dec 14, 2020
Short GU +5 locked image Decided to stick just to GBPUSD for the time being as multiple instruments dilute the sense of the market, making everything very blurry.
Trading is as simple as 1-2-3
- Acolyte replied Dec 11, 2020
And that idea of adjusting self is the hardest, and that's what I meant in the first place. I've been trading for a while, adjusting myself to different methods, and this time it's no different.
Trading is as simple as 1-2-3
- Acolyte replied Dec 11, 2020
Yeah, that's what happening to me quite often - I rush for an entry without evaluating it deep enough. It appears to me as satisfying primary rules, but I fail to assess other conditions and hope for the best. Though my profit-to-stoploss ratio is ...
Trading is as simple as 1-2-3