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1%/Day and max 25% DD, because no business without risk

  • Linked: 1 % / 1 Day / DD ? | Demo Account XXXXXX73
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  • #1
  • First Post: Edited 12:37pm Aug 15, 2017 9:42am | Edited 12:37pm
Hi,

My trading system is resting on thorough monitoring.
I ask watch the Trade Explorers, it start 08.15.2017 00:00

I write EA, because I do not know to sit before the computer.

a short description from working:
1., EA open position,
2., if EA can close on the take profit, then close,
3., if EA not can close take profit, then open a hedge position,
4., after EA calculate and open safety position and close to profit.

Have a nice day...
  • #2
  • Edited 10:23am Aug 15, 2017 10:01am | Edited 10:23am
I use EA live and demo account. Working whit only USDJPY.
The system very simple, when price go up EA open buy, when price go down EA open sell.
If need hedge, in that time DD max. 10 %. Sorry only 5% because 1 position only 0.5% Risk.
After EA calculate and open new position, and shortly close profit.
  • #3
  • Edited 10:32am Aug 15, 2017 10:17am | Edited 10:32am
you see it ! simple ! a percent per day.
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  • #4
  • Aug 15, 2017 10:29am Aug 15, 2017 10:29am
and a example to the save. this also simple. in this case , more percent is the profit !!
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  • #5
  • Aug 15, 2017 11:51am Aug 15, 2017 11:51am
Example for a larger DD.
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  • #6
  • Edited 2:02am Aug 16, 2017 1:20am | Edited 2:02am
today, waiting.... what will be happen
Will We have a percentage or have to be hedge?
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  • #7
  • Aug 16, 2017 5:47am Aug 16, 2017 5:47am
Hi Vanostrade ! When you are in hedge, how do you manage to close in profit ? Not clear to me!
  • #8
  • Aug 16, 2017 8:04am Aug 16, 2017 8:04am
Quoting Fbird
Hi Vanostrade ! When you are in hedge, how do you manage to close in profit ? Not clear to me!
Thank your question.
- at the moment open position is negativ.
- today if price go down, EA open same as lot (0.09) sell position 109.38
- if today not open new position, next day waiting price go down or up. if price go down EA open sell position last day low price (0.09 lot)
- if we have 2 open position, EA wait saving information ( it is day high or low ) and open saving position. it will be buy or sell. It depends on where the price goes.
although the situation is as in post 4 and 5.
sory my English, it is not my mother language.
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  • #9
  • Aug 16, 2017 8:11am Aug 16, 2017 8:11am
to FBird:
profit 1: TP 20 pip
profit 2: if have hedge position, then about 10 pip plus same.
Always a plus
  • #10
  • Aug 16, 2017 8:28am Aug 16, 2017 8:28am
Hi vanistrade, interesting project - thanks for sharing. Are u willing to share ur EA so we can give it a try? I'm curious to see the hedging in action.

thanks much
  • #11
  • Aug 16, 2017 8:43am Aug 16, 2017 8:43am
Quoting Dtde
Hi vanistrade, interesting project - thanks for sharing. Are u willing to share ur EA so we can give it a try? I'm curious to see the hedging in action. thanks much
Thank you for your interest.

The EA prepared in only developer versio. You se it text message on screen. If I will heve little time, I will translate to English and make better text message.
Attached Image
  • #12
  • Aug 16, 2017 8:54am Aug 16, 2017 8:54am
if you mail me the text, i can do the Hungarian to English translation, and will mail back to you to post it.

(kuldd at magyarul, leforditom neked)
there is always, always another trade!!
  • #13
  • Aug 16, 2017 9:02am Aug 16, 2017 9:02am
Quoting profitfarmer
if you mail me the text, i can do the Hungarian to English translation, and will mail back to you to post it. (kuldd at magyarul, leforditom neked)
THX
  • #14
  • Edited 9:34am Aug 16, 2017 9:07am | Edited 9:34am
I give you my indicator, which draws my trend lines. It is very simle. (This indi working MT4, I not tried MT5)

Profitfarmer please check the English!
Attached File(s)
File Type: ex4 ind_DHDL.ex4   15 KB | 270 downloads
  • #15
  • Aug 16, 2017 9:11am Aug 16, 2017 9:11am
Quoting vanostrade
I give you my indicator, which draws my trend lines. It is very simle. Profitfarmer please check the English! {file}
edited.
i think the indi text is straightforward enough to understand.
there is always, always another trade!!
  • #16
  • Edited 9:24am Aug 16, 2017 9:13am | Edited 9:24am
Quoting vanostrade
to FBird: profit 1: TP 20 pip profit 2: if have hedge position, then about 10 pip plus same. Always a plus
Thanks Vanostrade ! I understand you add a new trade each day until your basket gets profitable. Seems a great strategy in trending period, but I'm afraid you will hit margin call during ranging. Each hedge means 10/15% DD, whereas you need each time a stronger trend to get out of the hedge. What will happen if you get 5 hedges opened ? See ranging period herebelow. Whenever I got time will backtest that period, but my guess is you get margin called:
Attached Image (click to enlarge)
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  • #17
  • Aug 16, 2017 9:21am Aug 16, 2017 9:21am
Quoting Fbird
{quote} Thanks Vanostrade ! I understand you add a new trade each day until your basket gets profitable. Seems a great strategy in trending period, but I'm afraid you will hit margin call during ranging. Each hedge means 10/15% DD, whereas you need each time a stronger trend to get out of the hedge. What will happen if you get 5 hedges opened ? See ranging period herebelow. Whenever I got time will basket that period, but my guess is you get margin called: {image}
Please download my indicator and see that what will be happen those time.
I do not have 2008 data. If I can finish the EA, and you have, we can make backtest.
I try download data soon.
  • #18
  • Aug 16, 2017 9:29am Aug 16, 2017 9:29am
Quoting Fbird
{quote} Thanks Vanostrade ! I understand you add a new trade each day until your basket gets profitable. Seems a great strategy in trending period, but I'm afraid you will hit margin call during ranging. Each hedge means 10/15% DD, whereas you need each time a stronger trend to get out of the hedge. What will happen if you get 5 hedges opened ? See ranging period herebelow. Whenever I got time will backtest that period, but my guess is you get margin called: {image}
So I see there is always 20 pts of displacement from the daily high and low values.
And me is enough for TP, but we will see it in backtest.
  • #19
  • Aug 16, 2017 10:39am Aug 16, 2017 10:39am
Today GMT+1 time zone 20:00 FOMC Meeting Minutes
I waiting, what will be happen, TP or hedge or nothing????
  • #20
  • Aug 16, 2017 11:06am Aug 16, 2017 11:06am
Quoting vanostrade
{quote} So I see there is always 20 pts of displacement from the daily high and low values. And me is enough for TP, but we will see it in backtest.
This is not my understanding. For ilustration purposes, let's imagine you enter into a hedge with a 10%DD. To get out of it and to get your 1% return, you will need a move up or down of 11% (your 10% locked loss + your 1% return), which means a move of 220 pips. If you are in a ranging period, it is likely probable that you will get another hedge, which would stack another locked loss, and would indeed need a stronger trend to get out. For example:

1st hedge: 10% DD, move to get out: 11% or 220 pips.
2nd hedge: 7%DD. Total DD: 17%. Move to get out: 18% or 360 pips.

In a ranging period, this would be a death circle. Or may be, there is something that I did not understand in your strategy....
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