Hi, I want to backtest a strategy based on hedging. If a programmer can help to build EA. I have 8 years data on EURUSD with Tickstory. All rules attached in word document {file}
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Hey Djatomic,
I have read your strategy details and I have some questions on it. Can you please clarify?
1. “Next Orders” says EA shouldn’t open any order below second sell order. But “Keep On” says EA should open a buy order when the price goes X pips below second sell order. Both of these conditions are contradicting each other.
2. Under “Other Rules” about Lot Scale and Lot Multiplier, Do you mean to say that you will switch these settings on the go and EA should work accordingly? For ex: To change a parameter, you should reattach the EA in which case the EA should pick up the existing trades and work based on that. Please confirm.
1. Yes. Because I want to backtest both strategyes
2. Yes. Change parameters into EA if possible without removing EA from chart. For example Lot scale is true and Scale is 0.01 and Lot multiplier is false at 2.0 multiplier factor, first order was opened at 0.01 lots, second order at 0.02, third order at 0.03. Now change Lot scale to false and Lot multiplier to true and next order will be opened at 0.06 lots...
As hedging dont know if crash on long backtest... Is an hedging on different price lines. Orders are opened for more time than normal hedging, profitable on trend because waiting for the second order to make more profit than first order...
1. Yes. Because I want to backtest both strategyes 2. Yes. Change parameters into EA if possible without removing EA from chart. For example Lot scale is true and Scale is 0.01 and Lot multiplier is false at 2.0 multiplier factor, first order was opened at 0.01 lots, second order at 0.02, third order at 0.03. Now change Lot scale to false and Lot multiplier to true and next order will be opened at 0.06 lots...
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1. I understand that you want to test both strategies, but how are you planning to incorporate both into a single EA? Or do you want to do two EA?
To the second strategy (Keep On=true) give same parameters of the primary strategy (stoploss, take profit...).
EA will follow rules of Keep On strategy that EA will open intermittently buy-sell-buy-sell-buy-sell every X pips... Example: first order is 30 pips and Re-Entry is 50 pips: if price goes up 30 pips from actual price EA will open sell order, then if price goes down EA touch take profit about 20 pips, but if price goes up 50 pips EA open buy order at lot scale or lot multiplier, then if price continue to go up EA open sell order at 50 pips above buy order, instead after first buy order is filled if the price goes down 50 pips below first sell order EA open sell order always at lot scale or lot multiplier
While if Keep On is false, EA build hedging lines, only buy above first order and only sell below first order: if the price goes 30 pips up EA open sell order, then if the price goes up 50 pips EA open buy and follow trend until second order lot size make more profit than first order lot size, but if take profit is not reached and the price goes down 50 pips below the first sell order, EA open sell order here at lot multiplier or lot scale and following trend until the 2 sell orders make more profit than the buy order
Only 1 EA... Writing the code with both strategies
