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Simple Hedging

  • #1
  • First Post: May 23, 2010 1:31am May 23, 2010 1:31am
Hello friends and dudes here.
After a long while I found this system making the user the profit as much you want.This is based on hedging and I have attached a pdf regarding this.If anyone has tried this,comment with the results.I started this on this Friday and I ended with some good pips on my live account.
Happy trading
Attached File(s)
File Type: pdf Sure-Fire_Forex_Hedging_Strategy.pdf   68 KB | 1,706 downloads
  • #2
  • May 23, 2010 2:09am May 23, 2010 2:09am
Thank you for your efforts Yath

You may want to look at this

http://www.forex-tsd.com/martingale-...indicator.html
  • #3
  • May 23, 2010 2:38am May 23, 2010 2:38am
There are an ea in the comercial forum that wins 100 persent of the time until losses that one time. It is the same style I thing. Sure timing of the trade is most important here and not to get into range.
  • #4
  • May 23, 2010 3:20am May 23, 2010 3:20am
Quoting Brb-Fraudin
Thank you for your efforts Yath

You may want to look at this

http://www.forex-tsd.com/martingale-...indicator.html
Thanx dude.But I feel that this is different from them.For the small account,the margin cannot accommodate that much trades all making 8 Buy and 8 Sell.

Could anyone make an EA for this strategy??
  • #5
  • May 23, 2010 8:48pm May 23, 2010 8:48pm
This is a very old strategy, and has been proven to not work. No Martingale strategy will ever work, it is fundamentally flawed. Give it a try, but only on demo as it will break your account, just a matter of time.
  • #6
  • May 23, 2010 9:37pm May 23, 2010 9:37pm
Quoting Dreamliner
This is a very old strategy, and has been proven to not work. No Martingale strategy will ever work, it is fundamentally flawed. Give it a try, but only on demo as it will break your account, just a matter of time.
Thanx for saying friend.I am new to this system and now only started with it.Thanx for warning about the risk
  • #7
  • May 24, 2010 5:08am May 24, 2010 5:08am
Forget about the system. It will never work. It will look good until one day you get that one trade that will clear youre account. There is allot of good systems out there. Learn one of them

Quoting yasthicklee
Thanx for saying friend.I am new to this system and now only started with it.Thanx for warning about the risk
  • #8
  • May 28, 2010 12:41pm May 28, 2010 12:41pm
Hi Every Body, Any One Can Help Us To Make An EA From This Strategy ?
I Tarde Manual And Results Are Amazing
Thanks
  • #9
  • May 28, 2010 2:32pm May 28, 2010 2:32pm
Quoting Neller
Forget about the system. It will never work. It will look good until one day you get that one trade that will clear youre account. There is allot of good systems out there. Learn one of them
It works most of the time. Until one day...

A few months ago, I have coded an EA using this strategy. If I remebered it correctly, this strategy was under the name Bluestrade.

As long as there is enough volatility, it works very well. But when price got stucked around SR level, the lot size increased very fast in exponentially manner, bring the account to get margin call.
  • #10
  • May 28, 2010 10:55pm May 28, 2010 10:55pm
Quoting sangmane
It works most of the time. Until one day...

A few months ago, I have coded an EA using this strategy. If I remebered it correctly, this strategy was under the name Bluestrade.

As long as there is enough volatility, it works very well. But when price got stucked around SR level, the lot size increased very fast in exponentially manner, bring the account to get margin call.
That's True, But Which EA Is Profitable For Ever ? In Special Comndition We Must Disable Any Ea ...
Any One Can Make This EA ? Or Have This To Share It ?!
  • #11
  • Jun 3, 2010 8:25am Jun 3, 2010 8:25am
Hi Everybody ...
For This Strategy I Going To Learn Mql4 ... And This Is My First EA, Anyone Can Help Me To Resolve Problem Of This Ea ...
I'm Begginer And When You Read My Codes Please Don't Laugh Me
Attached File(s)
File Type: mq4 FirstEa.mq4   15 KB | 533 downloads
  • #12
  • Mar 6, 2012 10:59pm Mar 6, 2012 10:59pm
I don't see how using a 15pip TP can get you stuck? 15 pips is nothing for a daily breakout. Trading on the EURUSD I think there is enough volatility within the daily range to achieve 15 pips.
Any thoughts/opinions on this?
All posts are my personal opinion
  • #13
  • Mar 7, 2012 10:38am Mar 7, 2012 10:38am
any kind of martingale is going to blow your account sooner or later.
That's it!
  • #14
  • Mar 7, 2012 2:03pm Mar 7, 2012 2:03pm
i was thinking about minimizing the target too , that may save you from ranging days , and i think ECN brokers with low spread will be awesome.
  • #15
  • Mar 7, 2012 4:53pm Mar 7, 2012 4:53pm
minimizing the target will result in smaller gains and bigger losses. To cover this you will start to use smaller SLs which will result in more losses in a row. Just trust me it wont't work.
  • #16
  • Mar 7, 2012 6:45pm Mar 7, 2012 6:45pm
I dont think it is a fact to say that it wont work. There isnt enough evidence here proving that it wont, I just think it might be more difficult and complex then your average strategy trend follow strategy. But in all honesty, if you cant get 15 pips following a trend by looking a 1H/15min chart for a whole day then something is pretty wrong there. I think the money managment of this strategy could use more tweaking though. I like the idea of a 15pip profit target and 14pip SL and buy or sell stop on the daily high or low.
All posts are my personal opinion
  • #17
  • Mar 7, 2012 6:58pm Mar 7, 2012 6:58pm
Search for "Awesome" auto-trading robot by SteveHopwood
this EA is base on the same, I have had some success with it



Quoting Rtm
I dont think it is a fact to say that it wont work. There isnt enough evidence here proving that it wont, I just think it might be more difficult and complex then your average strategy trend follow strategy. But in all honesty, if you cant get 15 pips following a trend by looking a 1H/15min chart for a whole day then something is pretty wrong there. I think the money managment of this strategy could use more tweaking though. I like the idea of a 15pip profit target and 14pip SL and buy or sell stop on the daily high or low.
  • #18
  • Mar 8, 2012 12:19am Mar 8, 2012 12:19am
Quoting Rtm
...
Just some words of advice. I used to be all into martingale and I programmed a lot of EAs for those of strategies including this one. It might work for the first time but you will blow up your account before you reach the 100% gain. Modifying the SL and TP won't work. As I said I have hours and hours of work put into this stuff. I just want to save you some time. That was my last post here.
  • #19
  • Mar 8, 2012 3:39am Mar 8, 2012 3:39am
Quoting Kilian19
Just some words of advice. I used to be all into martingale and I programmed a lot of EAs for those of strategies including this one. It might work for the first time but you will blow up your account before you reach the 100% gain. Modifying the SL and TP won't work. As I said I have hours and hours of work put into this stuff. I just want to save you some time. That was my last post here.
It is a fact that every morning newbies wake up discovering martingale
and because they make a few profits, maybe for 1 month or more,
they think they have found the holy grail.

Then price is whipsawing like never before (and that will happen) and
their accounts are blown apart .
Margin call, not enough money etc.

But you can tell them 20 years and still each morning some other newbies wake up and discover martingale and make some profits and their mind does not allow them to listen to those who have experience ....
until they blow their live account.

And again every morning newbies wake up and discover martingale
and make some profits and believe they have found the holy grail ....
until the day comes when they get a margin call ....

And again every morning newbies wake up .....

Remember the Groundhog Day movie ?
  • #20
  • Mar 8, 2012 5:24am Mar 8, 2012 5:24am
hello all,i have tried the first system( sure fire) and it works great and i had very good result with that few month ago but the problem is that you should have a big account and a broker with nice leverage ratio like 1:500,that is not available for us in u.s.a,but really works.
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