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  • Post #181
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  • Mar 9, 2018 8:04am Mar 9, 2018 8:04am
  •  bmcgowra
  • | Joined Apr 2014 | Status: Member | 270 Posts
Quoting AlgeriaForex
Disliked
{quote} This depends on how you trade For example, I personally have not faced more than four sessions and that because I trade liquidity time and with the use of sensitive areas, either the rise or fall of the price and this success rate 90/100 Of course with the mony management
Ignored
Ok, I don’t understand what you just said.

Liquidity time? Sensitive areas? Rise or fall?

Isn’t it like this that once recovery starts it always buys and sells at the same price? Or did I miss something?
  • Post #182
  • Quote
  • Mar 9, 2018 11:33am Mar 9, 2018 11:33am
  •  AlgeriaForex
  • | Joined Jan 2018 | Status: Member | 48 Posts
Quoting bmcgowra
Disliked
{quote} Ok, I don’t understand what you just said. Liquidity time? Sensitive areas? Rise or fall? Isn’t it like this that once recovery starts it always buys and sells at the same price? Or did I miss something?
Ignored
ok I simply buy when there is liquidity
Sensitive areas ;Areas where the price is reflected or completes its direction
Rise or fall ,,;UP or Down
Here we do not buy and sell at the same time
We analyze the market and then decide whether to go into buying or selling and if the price is reversed
We enter the opposite
2
  • Post #183
  • Quote
  • Mar 9, 2018 11:41am Mar 9, 2018 11:41am
  •  T4Trade
  • Joined Sep 2017 | Status: Trend Following,Price Action,Marti | 1,630 Posts
i am eagerly watching this thread as i am making hedging recovery plan for my trading system.

Thanks for initiating this post
  • Post #184
  • Quote
  • Mar 9, 2018 7:39pm Mar 9, 2018 7:39pm
  •  Gargamel86
  • | Joined Mar 2018 | Status: Junior Member | 3 Posts
@Merka

Sorry for delay. I was travelling and at the moment I am playing with bookies more as Cheltenham is coming up, and for me this is one of the best time of the year to make some extra money.
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This is Eddie EUR/USD from January 2017 to 1st March 2018.Very conservative set up, I know it's not much 30% but all short term scalping systems will fail sooner, or later without proper entry system (time,volatility, and strength of movement towards one or another direction). Other very important feature is SL/PL at exactly the same distance from last trade all the time no matter are we losing or making money (we can balance it with bigger hedge to always make money). I think that only finding a strategy where this system is capable to make money by accepting small losses from time to time will bring us money, rather than waiting for 100% DD which obviously will come sooner or later. Until then, this is half automatic system which as @AlgeriaForex said can be used at volatile markets only and with full supervision.
I believe you will love this grid EA strategy too: https://www.forexfactory.com/showthread.php?t=109589. It makes money even faster but it fails eventually in the same way.Guys spent years trying to fing right set up and I hope someone did eventually
Settings I used to make this 30% in a year are: SL30/ RBP20/Trading 0-24h / Fixed 0.05lot / Lot size multiplier 2.2 always / Pip target 4 (Yes 4 only)/
Testing always with 90% accuracy. Sorry but on my computer 99% accuracy would take ages literally. I am doing what I can. I will send you more reports as soon as Cheltenham will pass and I will be back to this project And with proper report next time I don't know where I lost this one.
Check on your computer are the results are going to be the same. This set up should bring money on 90% of pairs (Fails on GBP/USD).
2
  • Post #185
  • Quote
  • Mar 9, 2018 7:46pm Mar 9, 2018 7:46pm
  •  Gargamel86
  • | Joined Mar 2018 | Status: Junior Member | 3 Posts
BTW @TicTac could you share with us this impressive set-up as on the first post? I'm really impressed with this result, and I would love to know on what set-up it was achieved please. Cheers

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  • Post #186
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  • Mar 9, 2018 9:21pm Mar 9, 2018 9:21pm
  •  Torontoman
  • | Joined Jul 2017 | Status: Member | 89 Posts
Quoting AlgeriaForex
Disliked
{quote} This depends on how you trade For example, I personally have not faced more than four sessions and that because I trade liquidity time and with the use of sensitive areas, either the rise or fall of the price and this success rate 90/100 Of course with the mony management
Ignored
Success rate 90%. What happens the other 10%. How do you handle it?
  • Post #187
  • Quote
  • Mar 10, 2018 1:28am Mar 10, 2018 1:28am
  •  3force
  • | Membership Revoked | Joined Aug 2017 | 165 Posts
Loss all amount if 10 times cross the zone for the decent income
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  • Post #188
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  • Mar 10, 2018 3:20am Mar 10, 2018 3:20am
  •  bmcgowra
  • | Joined Apr 2014 | Status: Member | 270 Posts
I like this recovery zone strategy.. It exits the loss trade and re opens a sell buy stop order.
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  • Post #189
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  • Mar 10, 2018 7:59am Mar 10, 2018 7:59am
  •  Torontoman
  • | Joined Jul 2017 | Status: Member | 89 Posts
Quoting 3force
Disliked
Loss all amount if 10 times cross the zone for the decent income {image}
Ignored
I like this. Could you please explain target, recovery zone and number of units per trade?
  • Post #190
  • Quote
  • Mar 10, 2018 8:32am Mar 10, 2018 8:32am
  •  AlgeriaForex
  • | Joined Jan 2018 | Status: Member | 48 Posts
welcome everybody
I will give you an easy way to benefit from this Expert
Simply the recovery zone does not fit the oscillation time
So try to enter when the price has fluctuated really in the areas of supply or demand because these areas contain large liquidity, but according to the currency pair of course there is fast and there is slow
While avoiding news, it leads to price slips and high spreads
1
  • Post #191
  • Quote
  • Mar 10, 2018 8:48am Mar 10, 2018 8:48am
  •  Merka
  • Joined Jan 2016 | Status: Member | 1,334 Posts
Quoting AlgeriaForex
Disliked
welcome everybody I will give you an easy way to benefit from this Expert Simply the recovery zone does not fit the oscillation time So try to enter when the price has fluctuated really in the areas of supply or demand because these areas contain large liquidity, but according to the currency pair of course there is fast and there is slow While avoiding news, it leads to price slips and high spreads
Ignored
Hi and good to see you are a supply and demand trader as well.
I was thinking to use this EA only in the zones of S&D where we expect price reaction due to the big boys liquidity.
However, even in that case there is no guarantee of fast price movement to avoid ranging conditions.
So it will be always a risk to use this type of recovery affected by ranging market conditions.
Regards
1
  • Post #192
  • Quote
  • Mar 10, 2018 9:08am Mar 10, 2018 9:08am
  •  rexio
  • | Joined Feb 2010 | Status: Member | 197 Posts
Quoting Torontoman
Disliked
{quote} Success rate 90%. What happens the other 10%. How do you handle it?
Ignored
What happens the other 10 % ? : you lost and you have to make a new deposit.
  • Post #193
  • Quote
  • Mar 10, 2018 12:05pm Mar 10, 2018 12:05pm
  •  mikeh3855
  • | Joined Mar 2006 | Status: Member | 193 Posts
Researching loss recovery EAs. This EA is comparable to many expensive EAs currently for sale.

Thank you!!!! TicTac.
1
  • Post #194
  • Quote
  • Mar 11, 2018 12:25pm Mar 11, 2018 12:25pm
  •  AlgeriaForex
  • | Joined Jan 2018 | Status: Member | 48 Posts
Quoting Merka
Disliked
{quote} Hi and good to see you are a supply and demand trader as well. I was thinking to use this EA only in the zones of S&D where we expect price reaction due to the big boys liquidity. However, even in that case there is no guarantee of fast price movement to avoid ranging conditions. So it will be always a risk to use this type of recovery affected by ranging market conditions. Regards
Ignored
Nice
One of the ways in which you can find out where the market makers enter SD Zone
Is the use Volume of futures contracts because it is real, and when large contracts are thrown in the market and at a given time .enter the buy or sell according to the technical analysis because it will be a winner between buyers or sellers and the price is going either up or down
You might tell me that Volume futures are smaller than the spot market but do not forget that market makers are moving with some and know the quantities in all markets
You can use Ninja Trader program to see futures volumes
good luck
Algeria,
1
  • Post #195
  • Quote
  • Mar 13, 2018 3:53am Mar 13, 2018 3:53am
  •  3force
  • | Membership Revoked | Joined Aug 2017 | 165 Posts
When I tried scenario 1 my account wiped out cause it can't open trades more than 10 times but with scenario 2 ( random buy / sell ) there was less chance to wiped out cause there was only 5 wrong trades

NB : use BE every time when trade reach in certain pips profit
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  • Post #196
  • Quote
  • Mar 13, 2018 10:29am Mar 13, 2018 10:29am
  •  mikeh3855
  • | Joined Mar 2006 | Status: Member | 193 Posts
Quoting 3force
Disliked
When I tried scenario 1 my account wiped out cause it can't open trades more than 10 times but with scenario 2 ( random buy / sell ) there was less chance to wiped out cause there was only 5 wrong trades NB : use BE every time when trade reach in certain pips profit {image}
Ignored
I think that is curve fitting.
  • Post #197
  • Quote
  • Mar 13, 2018 1:14pm Mar 13, 2018 1:14pm
  •  Merka
  • Joined Jan 2016 | Status: Member | 1,334 Posts
Quoting 3force
Disliked
When I tried scenario 1 my account wiped out cause it can't open trades more than 10 times but with scenario 2 ( random buy / sell ) there was less chance to wiped out cause there was only 5 wrong trades NB : use BE every time when trade reach in certain pips profit {image}
Ignored
I didn't understand what type of recovery is your option 2.
Could you please explain?
Thanks
1
  • Post #198
  • Quote
  • Mar 14, 2018 3:38am Mar 14, 2018 3:38am
  •  ogrimcc
  • | Joined Jan 2013 | Status: Member | 66 Posts
hi guys any chance some could make the enrty based on smoothed moving average cross
thank you
  • Post #199
  • Quote
  • Mar 14, 2018 3:58am Mar 14, 2018 3:58am
  •  goodways100
  • Joined Dec 2013 | Status: Member | 609 Posts
Subs. Thanks and
Regards
  • Post #200
  • Quote
  • Mar 15, 2018 3:35pm Mar 15, 2018 3:35pm
  •  jjibl
  • | Joined Sep 2007 | Status: Member | 179 Posts
I apologize for my ignorance but I would like you to clarify these doubts.
Do I have to put the 1st trade for the External advisor to work?
What are the Stop Loss and the Take Profit of the orders given by EA?
Thank you
Regards
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