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Ata's Trend Hunter V3.5 All Time Return:
102.2%
Simply "grid" system, no hedge, no martingale 9 replies
ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies
Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply
Disliked{quote} Hi Ata-Turkoglu, welcome to the thread. Here is your answer. Hope this help you. {image}Ignored
Disliked{quote} That was very helpful Kfx, thanks.. I am happy to see that I am close to understand the system. To understand more I need to ask another question. Here it goes: Now since you explained that we open a buy trade at Level-1: When you say "set all TPs at level 1" should we even set the TP of this trade to Level-1? If yes then it means the first long we opened brings us 0 profit? Right? Many ThanksIgnored
Disliked{quote} Your welcome. Yes, al TPs of the 3 trades to Level-1. That means, first long give us 0 pips, second long 10 pips and third long 20 pips, total = 30 pips.Ignored
DislikedI know all visitors will make use of your answers to questions so allow me to ask another crucial question: How do you start your trading day? You open any chart.. no matter what pair.. what timeframe.. and look for the price to touch coming from above or below and proceed without hesitation? Or is there a trick to find out where the optimal Level-1 could be?Ignored
DislikedWhat you called Level-2 could be Level-3 for another person. What you called Level-3 could be level-1 for some other and the whole story would change.. or???? I am thinking out loud.. how you decide, what are you looking for before you start with your first trade of the day with this system???? (Please keep your answer connected to example 1 only.. the other situations are still too complex to understand so I want to go step by step if you don't mind..) Many ThanksIgnored
Disliked{quote} No problem. Currently I'm not using this system. As I said earlier is a Work In Progress (WIP) project and I hope all interested members and myself can improve it. To trade this system in the future, it would be necessary to crate an EA because it is a full time (24 hours) system. But I think it is better left this for later and focus on the details of the system first. For backtesting I have used M5 EUR/USD, buy maybe it works better in other pairs. Yes, no specific rules for entry. No secrets, Just wait to touch a level. {quote} What I...Ignored
DislikedKfx Will you be addressing MM and lot sizing. Seems like the rational huge drawdown of martingale would be tempered by the many TP's along the wayIgnored
Disliked{quote} Thanks again, very well explained Okay, no more questions for the first and simple example for now.. I will go and check this simple version on different pairs and different timeframes. I will test it on GBP/JPY, the FDAX index and Gold... soon I will let you know about the results after testing this for a while.. Happy TradesIgnored
Disliked{quote} Here is the "Hedge x16 Inside Grid" example. I think the picture speak by itself. 1000 pips or more target for this example, by the way. {image}Ignored
DislikedHi Kfx, How do we determine the profit target for each hedge? I mean hedge x2 is 100pips, hedge x4 is 250pips, hedge x8 is 500pips, hedge x16 is 1000pips? How about hedge x32? 1000pips x2 = 2000 pips? I'm kinda curious to know what would happen when its hedge x32? will the drawdown wipe out the account like normal martingale strategy? Anyway, thanks for this strategy, it seems very original to me (i have yet to encounter strategy like this). Subscribed!Ignored
Disliked{quote} If i'm getting this right, let's say the price moves back up to hedge_x8_level 1, we will have closed 3 x8 buy trades. At this price level, we have 3 x4 sell trades and 3 x16 sell trade still opening. Assuming the x16 trades have not collected gains yet. The drawdown would be: x4_level 1= 8 x 4 x 10 pips = 320 x4_level 2= 7 x 4 x 10 pips = 280 x4_level 3= 6 x 4 x 10 pips = 240 x16_level 1= 7 x 16 x 10 pips = 1120 x16_level 2= 6 x 16 x 10 pips = 960 x16_level 3= 5 x 16 x 10 pips = 800 Total drawdown for open trades = 3720 pipsIgnored
DislikedHope we're not asking too many questions...must mean there's interest So let's say you have x1 sells open...price moves up to start x2 buys...price moves down and you start x4 inside sells...price moves back up and hits x2 buy TP, but you still haven't reached your 100 net pips...you have x1s and x4s open, all sells. Now what?Ignored
Disliked{quote} Wilson...did you net out against all the profits you took along the way?Ignored
Disliked{quote} If i'm getting this right, let's say the price moves back up to hedge_x8_level 1, we will have closed 3 x8 buy trades. At this price level, we have 3 x4 sell trades and 3 x16 sell trade still opening. Assuming the x16 trades have not collected gains yet. The drawdown would be: x4_level 1= 8 x 4 x 10 pips = 320 x4_level 2= 7 x 4 x 10 pips = 280 x4_level 3= 6 x 4 x 10 pips = 240 x16_level 1= 7 x 16 x 10 pips = 1120 x16_level 2= 6 x 16 x 10 pips = 960 x16_level 3= 5 x 16 x 10 pips = 800 Total drawdown for open trades = 3720 pipsIgnored
Disliked{quote} As spyderman say, you have to add all profits gained in the way until the x16 or x32 hedge level was opened. Depends on how many profits you have closed, but yes, you have about 3.000 pips max DD when you go from x16 to x32 if you have not earnet too much profit before.Ignored
Disliked{quote} Hi Kfx and spyder, both of you are correct. I have explained myself in post 73 that i exclude them on intention. Hope you guys are cool for me being negative. I have seen enough 'impossibles' in casino. Imagine the roulette having 20-30 plus consecutive RED. With a good MM, even if we reach x32 or x64, i believe the strategy is good at recovering, especially grinding profits through inside-grids.Ignored
DislikedSo Kfx...let me recap some permutations in my mind so I have them straight. If the reaching of a level (let's say from the top side coming down) closes out a series and starts a new one, than we would be placing a new 1x buy at that level. For an x2 or any subsequent outside grid (like the x8 mentioned above) the entry comes after moving another level from the previous trade. An inside grid is formed if there is at least 3 levels between the nearest levels of the two outside grids. Inside grid starts at 1/2 way between outside grids (or next level...Ignored