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Attachments: Bolgar Strategy - for taking on both sides of the trend
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Bolgar Strategy - for taking on both sides of the trend

  • #21
  • Oct 1, 2018 8:38am Oct 1, 2018 8:38am
what would be our strategy in this case? all the sells would be in loss.. and on what areas we'd stop selling? and how do we know... from this moment, where would the market turn?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 120 KB
  • #22
  • Oct 1, 2018 8:40am Oct 1, 2018 8:40am
hello, interesting, could you post the tdi with the values you have assigned?
  • #23
  • Oct 1, 2018 8:52am Oct 1, 2018 8:52am
Quoting OutThere
I spent nearly 2K on a programmer to develop an EA based on a similar strategy. Sometimes successful but deep DD and long long waits for the negative side finally made me scrap the whole thing. Even with the EA on 24/5 and being able to get in and out at the right times, it is a slow and patient process that grates on your nerves and forces you to look at other ways to make money that are easier and faster. The only reason I stuck with it and developed it for over 6 months was that I had invested money in programming the EA and wanted to get something...


oh no.......not again........just when we thought we had it..........reality bites back.......
  • #24
  • Oct 1, 2018 9:06am Oct 1, 2018 9:06am
hello

assuming you have entered multiple buys and sells, market has been trending down.

so when will be the right time to exit your sells at profit?

and what happen after you exited your sells, then market continue trending down?
would you still be entering buys and sells?

thanks
  • #25
  • Oct 1, 2018 10:38am Oct 1, 2018 10:38am
Quoting vinforex7
what would be our strategy in this case? all the sells would be in loss.. and on what areas we'd stop selling? and how do we know... from this moment, where would the market turn? {image}
you have to put it into a bigger timeframe. Minimum 1h chart! I aume this is the exact datum. We don't care when and where does the market reverse. Because we put every hou an order, we will be there at the point when the market will turn. Check out my first comment on entry and exit.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 79 KB
  • #26
  • Oct 1, 2018 10:49am Oct 1, 2018 10:49am
Quoting zsolti84
Here is another screenshot of the strategy. Lets pretend that we went on BUY at No1. I'm not gonna talk about the sells now. Only the buys because we would have made money with the sells. We're on the wrong train. The price went down... The chart is 4h but only because you can see a bigger picture. Of course we put a buy order every hour. At No2. the price bounced back! There are the lowest buy orders. Around No.3 we should be in profit with the buys because ther are more buy orders in profit than in minus. Lets pretend that we had internet problems...

Thank you for the explanation above. In the context of the above, what would you have done with the sells? When the sells are in profit and taken, do you still put in additional sell positions?
  • #27
  • Oct 1, 2018 11:41am Oct 1, 2018 11:41am
Quoting anime971
hello, interesting, could you post the tdi with the values you have assigned?
here is the tdi indicator. and with the tradeinfo you can see ow are your buys and sells are doing.
Attached File(s)
File Type: ex4 TDI_RT alerts + divergence.ex4   66 KB | 434 downloads
File Type: ex4 TradeInfo.ex4   91 KB | 426 downloads
  • #28
  • Oct 1, 2018 11:56am Oct 1, 2018 11:56am
Quoting Effax-square
hello assuming you have entered multiple buys and sells, market has been trending down. so when will be the right time to exit your sells at profit? and what happen after you exited your sells, then market continue trending down? would you still be entering buys and sells? thanks
I would be waiting till I get my signal for the sells to be closed. I would wait first for the green TDI line to cross first the 50 mark and I would close all my sells when the green line goes under the 40 mark. Then I would be left with the buys. If the green line doesn't goes under the 40 mark, and it will go back above the 60 mark, if the buys are in profit, I would close them also. If the green line of the TDI goes under the 32 mark (down tend is intact) I would wait till it comes back up the 32 mark, and I would re-enter with the sells.
  • #29
  • Oct 1, 2018 11:58am Oct 1, 2018 11:58am
zsolti84,here is the tdi indicator. and with the tradeinfo you can see ow are your buys and sells are doing.


zsolti84, I thank you, but I asked you the configuration of the indicators you use. Thank you
  • #30
  • Oct 1, 2018 12:07pm Oct 1, 2018 12:07pm
Quoting anime971
zsolti84,here is the tdi indicator. and with the tradeinfo you can see ow are your buys and sells are doing. zsolti84, I thank you, but I asked you the configuration of the indicators you use. Thank you
I didn't changed the indicator settings
  • #31
  • Oct 1, 2018 12:27pm Oct 1, 2018 12:27pm
Here is another example. EUR/GBP 1h chart.
1. there is my signal to enter long an short.
2. price is there when I enter both ways.
3.there is my signal to close the buys. ( green line of the tdi went over 50 mark and then went over 60mark)
4. there is the price when I close the buys with profit. (they started from 2.) sells are still in minus.
5. green line on the tdi indicator went over then back the 68mark. thats my signal for another run for buys. (you can see that the price is at the top)
6.price comes back. got a signal for the sells to be closed. (starte from 2)
7. sells are still not in profit so I wait....
8. got another signal for the sells to b closed.
9. sells are still in minus. On the next day got another signal (forgot to mark it on the chart, but you can clearly see the price action)
*so we had 1 time buy profit (from2 to 4), one times big sell profit (from 2 to 9 (one day after))
10. got another signal for sell
11. sells started from there.
12. green line of the tdi indicator went over then under the 50 mark and then went under the 40mark, which is a signal for the sells to be closed.
13. sells got closed there.
*we still stuck with the buys started from position 5. Price has to go back about 0.89250 till we can look for buys to be closed with profit.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 71 KB
  • #32
  • Oct 1, 2018 12:39pm Oct 1, 2018 12:39pm
it would be great if everyone would start a demo account and everyone would write down the account size. we all should try only with 0,1 lots. The account size that matters! We need to check how big should it be ( which account size would last longer). Or maybe someone could try it out with a strategy tester. Sadly I don't know how to do it effectively...or if someone knows a strategy that can be used with this method combined. Lets brainstorm it! .... what if... we would take the profit out every month (because the big %) if in one month our account gets blown away, we still had our profits taken out! What do you think?
  • #33
  • Oct 1, 2018 1:55pm Oct 1, 2018 1:55pm
Quoting zsolti84
Here is another example. EUR/GBP 1h chart. 1. there is my signal to enter long an short. 2. price is there when I enter both ways. 3.there is my signal to close the buys. ( green line of the tdi went over 50 mark and then went over 60mark) 4. there is the price when I close the buys with profit. (they started from 2.) sells are still in minus. 5. green line on the tdi indicator went over then back the 68mark. thats my signal for another run for buys. (you can see that the price is at the top) 6.price comes back. got a signal for the sells to be...
This is the problem with this method. Please find the chart attached. EuroGBP chart which you have shown as an example.
1. first vertical line - is where you started trade. You entered in both directions on all candles. 0.1 lots
2. vertical line 2 - where you closed all your buy trades in profits
And by this time you have 18 x 0.1 lots of sell... = 1.8 lots.
3. the highest point after you closed your buys. The price travels 998 points. ie: 1.8 lots x 998 points, means 1800 USD in drawdown ... already.

Imagine, it went on slightly higher? And you had a few more candles than 18...

Do your own math...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 174 KB
  • #34
  • Oct 1, 2018 2:00pm Oct 1, 2018 2:00pm
Quoting Effax-square
hello assuming you have entered multiple buys and sells, market has been trending down. so when will be the right time to exit your sells at profit? and what happen after you exited your sells, then market continue trending down? would you still be entering buys and sells? thanks
You would exit your sells in profit when it be in profit
  • #35
  • Oct 2, 2018 4:44am Oct 2, 2018 4:44am
@ zsolti84. Please where can i download the indicator?
  • #36
  • Oct 2, 2018 7:43am Oct 2, 2018 7:43am
Quoting vinforex7
{quote} This is the problem with this method. Please find the chart attached. EuroGBP chart which you have shown as an example. 1. first vertical line - is where you started trade. You entered in both directions on all candles. 0.1 lots 2. vertical line 2 - where you closed all your buy trades in profits And by this time you have 18 x 0.1 lots of sell... = 1.8 lots. 3. the highest point after you closed your buys. The price travels 998 points. ie: 1.8 lots x 998 points, means 1800 USD in drawdown ... already. Imagine, it went on slightly higher?...
I already did my math. I was "stuck" in a wrong trend with more then 15 lots (all with 0,1 lot orders) and I was able to close it with about 30% profit. With this strategy you have to risk your whole capital. But you can get monthly 50-100% back. I think its worth to risk it...just don't put all your saving in it. you have to start with a small capital that wont bother you if you loose it. I don't remember exactly but I think the most what the price traveled with this strategy was about 300-400 pips in the wrong direction.
  • #37
  • Oct 2, 2018 7:46am Oct 2, 2018 7:46am
Quoting ficibald
{quote} You would exit your sells in profit when it be in profit
yes. I always exit with profit. sometimes it just takes more time.
  • #38
  • Oct 2, 2018 7:59am Oct 2, 2018 7:59am
Quoting gabbyndu
@ zsolti84. Please where can i download the indicator?
its in post no. 27. or you an ind it inside the attachements.
  • #39
  • Oct 2, 2018 1:23pm Oct 2, 2018 1:23pm
ok. thNKS
  • #40
  • Edited Oct 4, 2018 6:02am Oct 3, 2018 3:42pm | Edited Oct 4, 2018 6:02am
Good thinking but this will not work! Maybe some lucky trades but eventually you will blow your account.

Ask yourself the following questions:

1) With $1000 account size what will be your lotsize?
2) How much move in 1 direction will blow your account with your chosen lotsize?
3) Are you able to see moves that are big enough that will blow your account?

I am sure the answer to 3 is yes. I will be happy to discuss this more with you and show such moves will wipe your account.
There are smart ways to control risk and do some money management and risk management but in the end this will never survive.
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