I actually know first hand that this will work.
- Joined Feb 2009 | Status: Half in the Bag | 17,827 Posts
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
Disliked{quote} Yes I too had the same experience after 5 trades it stopped DEAD! I will now - trash it! Its useless!!! Thanks for answering back...Ignored
Disliked{quote} Good luck with the Indian traders. We thank you for coding remon78eg. It really does have promise Voldemar you just need a BIG account to trade it probably like $50,000 to $100,000 I think a good idea to slow down the increased lots would be to have rounds of lots. Example: The first say 5 orders would be 0.01 Then the next 5 orders 0.02 Then the next 5 orders 0.03 With say 10 lot levels... This would be a gradual increase of lots and would be safer. What do you think Voldermar?Ignored
Disliked{quote} @soeasy69 Increasing lot sizes only after "X" subsequent entries (as you suggested) and/or increasing GridStep gradually as DD gets larger (as suggested by @AntonioLegaz) would give infinite testing options. On of them might just be the "Holy Grail"...Ignored
Dislikedof course, to decrease grid only apply where there is a chance to do so, like from 5 pip to 4 or 3....if you have 1 pip grid in the first place this isn't a possibility.Ignored
Disliked{quote} I am sorry, but I don't see any edge in hedging the same pair. Unless you are trading the same pair using multiple methods, for example you have a long-term buy position on a pair, and you trade intra-day sell scalps on the same pair.Ignored
Disliked{quote} It goes into EXPERT folder, it's a EA, just open any chart stick on it and it will control entire MT4 Platform Trades, Never less there is also option to Stop loss either % of Equity or $$$ Amount... Just want to point out that we are still waiting for Original EA to be released, it's hard to evaluate anything without final product... Looking forward to test it ones it's available Maybe it was slow night, but I run all night 0.10 LOT STEP 2 Original EA with Martingale on 2 EU charts one SELL Only other BUY Only, it made $300 overnight......Ignored
Disliked{quote} I tried the other EA called fixlot and it looked to not trade right to me. It keep putting on 0.01 orders but never take profit. I bet you that the fixlot hardly makes any profit compared to the EA that the lots increase right MasterGuru?Ignored
Disliked{quote} if something, an increasing grid after a deep DD will work the other way, and delay/deny a chance of recovery. especially if the price strayed already far from initial start. as silly as it might sound, the better option would be to decrease the grid size, anticipating a pullback with an increasingly higher probability. ie. price cant keep falling near linear, some point the sentiment change. ( not referring a balck swan, obviously, that just a slaughter one cant really avoid once in any position). of course, to...Ignored
Disliked{quote} When you release the EA will you also include the mq4 source file?Ignored
Disliked{quote} Hello Voldemar, You did a great job with this EA (the first one you posted), thank you. If you don't mind I have a few suggestions to make: Let the EA decide on what pair to trade during the day, and change it when necessary. Here is the idea for this: Check on circular pairs, example EURUSD, EURJPY, USDJPY. If EURUSD is up for the day compared to daily open price, and EURJPY is also up for the day, that means USDJPY will be ranging, with no strong trend. Here is a detailed explanation (+ on the left side...Ignored
Disliked{quote} Let's see! I will let my Demo account run. Just for testing purposes so I can see if it actually can survive such a day, or not. It is risky, and one shouldn't do it live obviously. But since it's Demo I might aswell test it out lol.Ignored
Disliked{quote} thats what i noticed...i had floating $124 positive and it was decreasing dramatically but it was not closing and kept it open...also some times buy and sell trade ratio is not same and have big difference like only 2 sell left and all 8 buy open...so i think the final version will be more stable... Remon, when are we expecting to test final version? thanksIgnored
DislikedI think this EA needs to trade multiple (correlated) pairs to avoid big draw down otherwise when a strong trend hits, it would be dangerous, if you only can solve that part, this EA could be very good.Ignored
Dislikedyou mean Uncorrelated pairs like AUD/NZD, EUR/GBP, CH/JPY and USD/CAD?Ignored
Disliked{quote} go to TOOLS ----> OPTIONS ----> CHARTS and uncheck Show Trade levels as shown in the picture. this will make the MT4 order levels disappear, then remon can code them in the EA to show on right side. there may be other ways, but i don't know of them {image}Ignored
Disliked{quote} The potential "edge", is you give "time" to your positions to develop...Ignored
DislikedLooking for ranging pairs, we could use the MT4 Currency Power indicator. See the example below GCHF M30 chat: If the percent values are close together... here GBP 46%/CHF 44%...we got a ranging period the whole day, but note that is with benefit of hindsight, the percent values are variable and may changing if important news are released as well! {image}Ignored
Disliked{quote} FOR NEW READERS: TWO VERY DIFFERENT STRATEGIES ARE DISCUSSED ON THE PREVIOUS 39 PAGES: 1. An exprimental/tester EA - made by @Voldemar - which is different from the strategy described by @Remon in Video part 1, but (unexpectedly) it seems to have some promise with some unusual parameters. 2. The EA for the main and most promising strategy of @Remon (described in Video part 2) is still not ready, so most comments until now are about the experimental EA. _____________________________________________________________________________________________...Ignored
Disliked{quote} @GoldTheHun The idea is good, but I don't think it could be easily automated. An easier method - suggested by @Zigler - is to look at the following website every day - click "Technical" - and immediately you can pick multiple combinations of DAILY "Neutral-Neutral" pairs: http://www.investing.com/quotes/stre...2%80%93-majorsIgnored