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Attachments: Simple, quasi automated system with EA only closing trades
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Simple, quasi automated system with EA only closing trades

  • Post #1
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  • First Post: Jan 22, 2019 4:54pm Jan 22, 2019 4:54pm
  •  marecki
  • | Joined Jul 2013 | Status: Member | 121 Posts | Online Now
Hi,
I would like to share with you guys very simple trading strategy that is giving promising results, which I ones developed myself. I wonder if anybody trades the same way.
Here is description how it works:

Expert Advisor is extremely simple and it works in such a way that is only closing, never opening trades and pending orders.

1. I set in my EA two parameters:
SingleTradeProfit - strategy will close each open trade that has profit larger that this
CloseAllTradesGoal - strategy will close all open trades and pending orders if Equity achieves a goal (basically I put it small - 3 to 7 percent above initial balance)
2. I open trades (around 7-15 sometimes more)

and pending orders manually looking for those that are able to give at least "SingleTradeProfit".

I don't set basically any TP or SL. TP is set automatically in SingleTradeProfit parameter.

3. I wait for the strategy to close all trades and orders after achieving the goal, however to not whipe out the account I close every trade after specific time manually whatever the Equity is (for example after 20 hours when trading 1h charts) - and this is my "stop loss".


That's the basic idea.

In next posts I'll give an example and will publish the EA.


If You have some questions, please ask!

Cheers!

  • Post #2
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  • Jan 22, 2019 7:16pm Jan 22, 2019 7:16pm
  •  BeaterTrader
  • Joined Jul 2018 | Status: Coder | 103 Posts
Quoting marecki
Disliked
Hi, I would like to share with you guys very simple trading strategy that is giving promising results, which I ones developed myself. I wonder if anybody trades the same way. Here is description how it works: Expert Advisor is extremely simple and it works in such a way that is only closing, never opening trades and pending orders. 1. I set in my EA two parameters: SingleTradeProfit - strategy will close each open trade that has profit larger that this CloseAllTradesGoal - strategy will close all open trades and pending orders if Equity achieves...
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  • Post #3
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  • Jan 22, 2019 7:46pm Jan 22, 2019 7:46pm
  •  marecki
  • | Joined Jul 2013 | Status: Member | 121 Posts | Online Now
Quoting BeaterTrader
Disliked
{quote} Waiting the next
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Due to late time let me attach the EA only - it is working so You can try.

Attached File
File Type: mq4 Zamknij_gdy_zysk.mq4   3 KB | 171 downloads


I programmed it in my language, so let me quickly explain the names of parameters:
Saldo_docelowe - is Equity goal (in account currency)
pojedynczy_zysk - is Single trade profit (in account currency)

I'll try to give example as soon as possible.

Regards!
2
  • Post #4
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  • Last Post: Jan 23, 2019 6:43pm Jan 23, 2019 6:43pm
  •  marecki
  • | Joined Jul 2013 | Status: Member | 121 Posts | Online Now
This drawing should explain how usually looks the Equity-Balance trend when traded this strategy:

Attached Image (click to enlarge)
Click to Enlarge

Name: wykres.jpg
Size: 18 KB
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