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(binned as duplicate) Suggestion on strategies

  • #1
  • First Post: Nov 17, 2018 1:50am Nov 17, 2018 1:50am
Dear Friends,

I've come across this strategy recently, and tried to implement it on the demo for the past 2 months and it seems work pretty well by yielding 20% profit per month. Have you guys ever tried or implemented? could you please share me the drawback. It's harder to implement on real account as we've to keep adding new pending orders as market started to range between 100 new trades and setting SL and TP.

I've added the screenshot, calculation file on the strategies.. I'm thinking to develop this as an EA.. Pls share me your opinion.

Note: Works only on Zero spread account, calculation are based on the commissions per lot.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB
Click to Enlarge Name: Screenshot2.png Size: 141 KB
Attached File(s)
File Type: xlsx 20181117-Statergy tester.xlsx   54 KB | 175 downloads
  • #2
  • Nov 17, 2018 2:34pm Nov 17, 2018 2:34pm
Attached File(s)
File Type: pdf Sure-Fire_Forex_Hedging_Strategy.pdf   68 KB | 217 downloads
Attachment f
please check these pdf for more ideas,actually this EA is available in FFX.
check this thread also,
https://www.forexfactory.com/showthread.php?t=373258&page=2

check this,hedging is becoming popular once again these days.
https://www.forexfactory.com/showthread.php?t=831388
  • #3
  • Nov 18, 2018 10:29pm Nov 18, 2018 10:29pm
Quoting T4Trade
{image}3094802 please check these pdf for more ideas,actually this EA is available in FFX. check this thread also, https://www.forexfactory.com/showthread.php?t=373258&page=2 check this,hedging is becoming popular once again these days. https://www.forexfactory.com/showthread.php?t=831388
Thanks for the response, But this is totally different from the concept I've explained.. I'm still trying to figure out the disadvantages of this concept..
  • #4
  • Nov 19, 2018 1:04am Nov 19, 2018 1:04am
this is a kind of breakout strategy? the multiplier is too high,if the pair ranges for few days,your account will be in jeopardy.
  • #5
  • Nov 19, 2018 11:58am Nov 19, 2018 11:58am
This is not a new concept and many EA's are available on forums (also here on FF)..

I have lost real 15000$ in this only to learn that this way of trading cannot win. I checked your excel sheet, where you wrote 1 in 500, it happens 1 in 10. And 1 in 1000 is actually 1 in 20 or max 30. Whatever setting you use. You can do a demo test using this free EA
https://www.forexfactory.com/showthread.php?t=590099

or the best zone recovery EA with most controlling options available here (which I bought) but still never used in real trading.
https://www.mql5.com/en/market/product/16061

You are using Multiplier 3, even you use 1.1 or 1.5, you will blow up the account within 3 months. Do some testing
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  • #6
  • Dec 11, 2018 12:44pm Dec 11, 2018 12:44pm
share with me what you have come up with please,thanks
  • #7
  • Last Post: Dec 12, 2018 12:21am Dec 12, 2018 12:21am
Thanks for your response, I've happen to learn that this is an old strategy and the name of the strategy too. I've developed an EA and trying to test it on real accounts. I've tested it for past 1 year back data. I will share the feedback soon...

Thank you


Quoting KashifNawaz
This is not a new concept and many EA's are available on forums (also here on FF).. I have lost real 15000$ in this only to learn that this way of trading cannot win. I checked your excel sheet, where you wrote 1 in 500, it happens 1 in 10. And 1 in 1000 is actually 1 in 20 or max 30. Whatever setting you use. You can do a demo test using this free EA https://www.forexfactory.com/showthread.php?t=590099 or the best zone recovery EA with most controlling options available here (which I bought) but still never used in real trading. https://www.mql5.com/en/market/product/16061...
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