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Attachments: $10 to $20806.27 in 5 days
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$10 to $20806.27 in 5 days

  • #121
  • Jan 27, 2020 8:44pm Jan 27, 2020 8:44pm
Quoting rskdev
Hello Mr. Never, I have been following your thread. Sounds interesting. Could I please get a copy to test on my FXTM demo account first. Also can you provide setfile for $10.00 deposit. Which account type is best suited for your EA? Cents or Standard? Thanks Robert
$10 cent account is suitable to calculate lot size and SL percentage also equity based lot size increase
  • #122
  • Edited 10:28pm Jan 27, 2020 9:40pm | Edited 10:28pm
I created two $10 standard accounts to test with starting lot size $0.01

Problem is equity will start double when $10 become $20 from $0.01 to $0.02

This input use SL 60 instead of 10% SL because when it down to $9 lot size have no chance to decrease less than $0.01 so 60 pips SL is the same area to close trades when 10% loss

This both accounts will wipeout if hit 20 times in 60 pips SL

Let's try this, I will post update here
Attached Images
  • #123
  • Edited Jan 30, 2020 6:30am Jan 29, 2020 6:33am | Edited Jan 30, 2020 6:30am
Major news is coming within next 24 hours
Expecting 3200 up or 2800 down (200 pips)

I have setup $1 SL ( 50 pips ) in two accounts that both have $10 investment

Starting lot size = $0.01 Cent per pip

See latest TE on the top ^
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  • #124
  • Jan 29, 2020 10:36pm Jan 29, 2020 10:36pm
This EA was making profit only when market move straight forward at least 100 to 200+ pips without retrace 50 to 100 pips

Now added option to get profit from ranging market , if market retrace it will close in Break Even Profit

Use_BreakEven = true; // BE
BreakEven_Pips = 120; // Pips to start BE
BreeakEven_Profit = 0.50; // BE profit

When market move average daily range of 120 pips break even will on and close trade if retrace 60+ pips to that trades have $0.50 cent profit same time it will hold and increase profits if market move straight forward as usual

Zigzag is not a problem now
  • #125
  • Jan 30, 2020 11:09pm Jan 30, 2020 11:09pm
Equity will double before 100 pips ( 3200 ) now already up 80 pips total 180 pips can double $10 to $20 by using small lot size of $0.01 it can cover loss of sell side too
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  • #126
  • Edited 4:45am Jan 31, 2020 12:26am | Edited 4:45am
When reached 120 pips $7 profit from $10 deposit starting lot size was $0.01

When equity increased above $15 from $10 initial investment , lot size automatically doubled to $0.02
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  • #127
  • Edited 9:32am Jan 31, 2020 5:17am | Edited 9:32am
Quoting Never
When reached {image}
As I understand you changed your initial approach described in post 1, can you describe again how this robot works now?

I am looking for something to launch on the side during moves that I am not fully sure, I would like to understand your approach better. I got MarginTrader but didn't use it live so far. I am interested to use it for rather strong directional moves, in strong trends, not in consolidations.
  • #128
  • Jan 31, 2020 3:54pm Jan 31, 2020 3:54pm
Quoting Fred-IV
{quote} As I understand you changed your initial approach described in post 1, can you describe again how this robot works now? I am looking for something to launch on the side during moves that I am not fully sure, I would like to understand your approach better. I got MarginTrader but didn't use it live so far. I am interested to use it for rather strong directional moves, in strong trends, not in consolidations.
It works now in small ranging market too cause now I am using "Break Even Profit" before it was always hit in SL if retrace

Break Even Profit can add even 10 pips profit movement , I think this EA can make constant profit with small lot size without big DD same time we can gamble

If market sideways it close in SL , BE zero profit , BE with profit or will hit in TP so less chance to hit in SL many times
  • #129
  • Edited Feb 1, 2020 3:41am Jan 31, 2020 6:03pm | Edited Feb 1, 2020 3:41am
Quoting Never
Equity will double before 100 pips ( 3200 ) now already up 80 pips total 180 pips can double $10 to $20 by using small lot size of $0.01 it can cover loss of sell side too {image}
Equity is doubled in 160 pips then I closed all trades as I said market reached 3200

Deposited $10 in each accounts

Sell loss = $6 ( -60% )
Buy profit = $12 ( 120% )
Total profit = $6 ( 30% )

This was with small lot size of $0.01 and used SL, BE, TP and Break Even Profit

Next market target is 3400 or retrace to 3000
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  • #130
  • Feb 1, 2020 9:38pm Feb 1, 2020 9:38pm
This time lost 7 times in both $10 accounts

$1 loss in buy side
$6 loss in sell side

Used $1 each time to trade total profit is $6 ($1x$6=600%) in 160 pips
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  • #131
  • Feb 3, 2020 3:02pm Feb 3, 2020 3:02pm
Quoting Never
{quote} Next market target is 3400 or retrace to 3000 {image}
Retraced to 3000 there was 180 pips down but I got 90 pips only i missed some pips due to forgot to on EA

Total profit is now $8
low risk trading with $0.01 lot size

Investment $20

Buy $20
Sell $8

Next market target is expecting more down after small up to 3031
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  • #132
  • Feb 5, 2020 4:23am Feb 5, 2020 4:23am
Currently running new experiment by using 50 pips SL , it open all the trades with SL then BE zero at 100+ pips then close if down to $0.50 cent profit

Starting lot size is $0.01
Investment $10 standard account

It Won't close trades when down to 10% loss input is not added so there is risk and more winning chances same time

1st bundle of 3 trades hit in SL 50 pips 2nd bundle won't close if equity down to 10% loss but hold to move again opposite direction
  • #133
  • Feb 7, 2020 2:04pm Feb 7, 2020 2:04pm
Quoting Never
This time lost 7 times in both $10 accounts $1 loss in buy side $6 loss in sell side Used $1 each time to trade total profit is $6 ($1x$6=600%) in 160 pips {image}
Almost same profit in buy and sell side accounts this week buy lost $10 sell got $10

Total profit = $5

Nothing happened because this week market was ranging also I missed movement happened at last Monday
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  • #134
  • Feb 13, 2020 5:08am Feb 13, 2020 5:08am
I think this method can earn constant profit, It use SL and $0.01 lot size with $10 investment

Everytime it double investment when market move 160 pips

Buy side or sell side account will make this profit while opposite side make small loss

Investment $10x2= $20 ( buy & sell accounts )

Buy profit $11
Sell loss $1

Total profit = $10
Attached Image
  • #135
  • Feb 13, 2020 5:29am Feb 13, 2020 5:29am
Only 10% money is using to trade
SL at $1 minus in $10 deposit

All the buy and sell accounts will wipeout when hit 50 pips SL 20 times

It seems before 20 times 50 SL it recover all the loss and double deposit
  • #136
  • Feb 13, 2020 10:13pm Feb 13, 2020 10:13pm
Hi,
First of all, I congratulations for this ea.
is it possible to test DAX . I really wonder.
  • #137
  • Edited 11:45pm Feb 13, 2020 11:06pm | Edited 11:45pm
Quoting yusuftv
Hi, First of all, I congratulations for this ea. is it possible to test DAX . I really wonder.
It works in any pair that have no 50 pips retrace constantly before hit 160 pips TP

Example :

If our investment is $10 will wipeout when market retrace 50 pips 10 times or if market move 160 pips deposit will be double / $10 profit will get

10% to 100% profit can make without risk in 150+ pips movement even it hit in SL number of times
  • #138
  • Feb 15, 2020 9:40pm Feb 15, 2020 9:40pm
hi never
i have a question ,this ea is full automatic ?
  • #139
  • Feb 16, 2020 2:01pm Feb 16, 2020 2:01pm
Quoting obb252
hi never i have a question ,this ea is full automatic ?
Yes It works fully automated no manual intervention required
  • #140
  • Feb 16, 2020 6:12pm Feb 16, 2020 6:12pm
Quoting Never
{quote} Yes It works fully automated no manual intervention required
Please send me the EA. I purchased you EA and sent you a message with my email already.
Thanks


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