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The end of "science" trading strategy

  • #261
  • Mar 14, 2018 12:49pm Mar 14, 2018 12:49pm
Actually dun know very well about how this EA work but result is awesome....
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  • #262
  • Mar 14, 2018 1:04pm Mar 14, 2018 1:04pm
Quoting myattheint
Actually dun know very well about how this EA work but result is awesome.... {image}
it is very simple broter
results reflect your understanding of the market, when and how to applly it.
almost no idea here.
it was explained in detail in FF months ago,
also if you are ARABIC-LANGUAGE READER, it explained fully in arabictrader.com

according to COMMENT in trade page, you choose 25,25 for offset and Diff_pips
Forex Philosopher
  • #263
  • Mar 14, 2018 1:09pm Mar 14, 2018 1:09pm
could you please post a photo of your account using Display_click expert to evaluate your account in accurate way?? (you will find it under one of my threads called heroine of experts)

some thing like this:
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Forex Philosopher
  • #264
  • Edited 1:33pm Mar 14, 2018 1:11pm | Edited 1:33pm
Quoting rvenky
Done {image}
post#259. please wake up.
no
it was just made-dialogue to explain this issue.

we assume osnatw ask, and you answer.
Forex Philosopher
  • #265
  • Mar 14, 2018 1:46pm Mar 14, 2018 1:46pm
anybody read my post here: https://www.forexfactory.com/showthread.php?p=10873030#post10873030

Quote
by chance, mean:
1) bring 28 small papers, write name of single pair out of 28 pairs in one paper.
2) each day pick up one paper at 00:00
3) ask small kid to select from other two papers, BUY paper and SELL paper,
4) blindly enter the position of picked pair in the direction that kid tell you.

probability is 50/50 -- like any other smart system!

select randomly, probability is 50/50 -- like any other smart system. cycling in vicious circle
Forex Philosopher
  • #266
  • Mar 14, 2018 1:54pm Mar 14, 2018 1:54pm
Quoting Master-Mind
anybody read my post here: https://www.forexfactory.com/showthread.php?p=10873030#post10873030 {quote} select randomly, probability is 50/50 -- like any other smart system. cycling in vicious circle
I tried. Couldn't find a kid to do it for me tho!
  • #267
  • Mar 14, 2018 2:01pm Mar 14, 2018 2:01pm
Quoting MoneyFocus
{quote} I tried. Couldn't find a kid to do it for me tho!
Listen: do it randomly for 30 continuous days!! the result will be the same as any smart Russian expert.
Forex Philosopher
  • #268
  • Mar 14, 2018 2:09pm Mar 14, 2018 2:09pm
Quoting Master-Mind
{quote} Listen: do it randomly for 30 continuous days!! the result will be the same as any smart Russian expert.
I have decided I will buy some candy to tempt the little kids first!
  • #269
  • Mar 14, 2018 3:16pm Mar 14, 2018 3:16pm
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Forex Philosopher
  • #270
  • Mar 14, 2018 3:26pm Mar 14, 2018 3:26pm
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Forex Philosopher
  • #271
  • Edited Mar 15, 2018 10:22am Mar 14, 2018 3:53pm | Edited Mar 15, 2018 10:22am
sharp channels:
SELLLIMT: 1.8250
Target 900 pips
expected earning 300%, on lot design 0.30%/pips
Attached Image

now 1.8236
Forex Philosopher
  • #272
  • Mar 14, 2018 3:59pm Mar 14, 2018 3:59pm
Quote
on lot design 0.30%/pips
explained many times,
try lots that guarantee a profit/Loss of 0.3% per 1 pip movement.

0.3%/pip*900 pips = 300%
Forex Philosopher
  • #273
  • Mar 14, 2018 7:51pm Mar 14, 2018 7:51pm
if lots are calculated based on your balance, when MarginCall point will take place?
for example there is a buy-position on EURUSD with 0.16 lots and your balance is 200 USD?? if price goes in the opposite direction, when you will receive MarginCall??

in another words what is the appropriate unique equation?
Forex Philosopher
  • #274
  • Mar 14, 2018 8:08pm Mar 14, 2018 8:08pm
the same problem!
VBS problem??
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Forex Philosopher
  • #275
  • Mar 14, 2018 8:32pm Mar 14, 2018 8:32pm
NZDCAD, the most volatile pair since start of Mars/2018
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Forex Philosopher
  • #276
  • Mar 14, 2018 8:54pm Mar 14, 2018 8:54pm
all my friends here (except rvenky) please do not use private messages -- write in light, do not write in dark!
=========
Quote
if lots are calculated based on your balance, when MarginCall point will take place?
for example there is a buy-position on EURUSD with 0.16 lots and your balance is 200 USD?? if price goes in the opposite direction, when you will receive MarginCall??

in another words what is the appropriate unique equation?
since it is unique--that is mean there is only one equation correct in the whole universe.

let us prove it together:
0.30%/1pip ===> Lots = ????
by common sense: P/L=0.30% of Balance = 0.30/100 of Balance = 0.003 of Balance = 0.003*B
and we know the general rule of P/L = PipValue*pips
pips here is unity = 1
so: P/L = PipValue*1 = XXXDDD*Lots*1 = XXXDDD*Lots

then:
XXXDDD*Lots = 0.003*B
Lots = 0.003*B/XXXDDD
to generalizem remove 0.003 and put variable p in %:

Lots =(p/100)*B/XXXDDD ------------------ rule-1

for MUDARRAJ we will use p=0.01% for each pair;
for RecZone we will use p=0.1%;
for overbough/oversold we will use p=0.20%
for sharp channels we will use p=0.30%
Forex Philosopher
  • #277
  • Mar 14, 2018 9:08pm Mar 14, 2018 9:08pm
if lots are already known amount--then it is very simple to estimate MarginCall point MC.

by common sense: MC = WorstLoss/PipValue
WorstLoss =Balance - (YourBrokerStopOutLevel/100 * ReservedMargin) = B-(S/100)*RM

PipValue always equal XXXDDD*Lots, what ever the instrument euther currencies or shares or indeces.

PipValue =XXXDDD*Lots

then MC = WorstLoss/PipValue = (B-(S/100)*RM)/(XXXDDD*Lots) ---- (in pips) ------ rule-2

from basics, RM=C*Lots*YYYDDD

REFER TO THIS THREAD TO UNDERSTAND THESE MATTERS.
FOREX MATH RULES: https://www.forexfactory.com/showthread.php?t=657810 which is a pre-requisite for this topic. you are wasting your time if you have no idea about mere basics of the market.
Forex Philosopher
  • #278
  • Edited 11:43pm Mar 14, 2018 10:31pm | Edited 11:43pm
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Forex Philosopher
  • #279
  • Mar 15, 2018 12:03am Mar 15, 2018 12:03am
Quoting Master-Mind
anybody read my post here: https://www.forexfactory.com/showthread.php?p=10873030#post10873030 {quote} select randomly, probability is 50/50 -- like any other smart system. cycling in vicious circle
probability varies by SL
if TP 2 pip, SL 8 pip your chance % 80
if TP 8 pip, SL 2 pip your chance % 20
chance formula: SL / ( TP + SL )
  • #280
  • Mar 15, 2018 12:10am Mar 15, 2018 12:10am
Quoting kingofmicro
{quote} probability varies by SL if TP 2 pip, SL 8 pip your chance % 80 if TP 8 pip, SL 2 pip your chance % 20 chance formula: SL / ( TP + SL )
no
to clarify
SL=TP=DAILY_CLOSE AT 23:59
Forex Philosopher
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