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Please suggest a simple & effective Method/System of "Trading System" Forum to newbie 180 replies
I Traded The Zone Recovery Trading System For 10 Days 28 replies
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DislikedHello, been using this strategy for over a year n will be great to try the ea, how do I set my initial lot size to 0.01, I’m not seeing it in the settings also can I have the cap zone recovery ea pro you used in your YouTube videos for testing, doing some research, thank youIgnored
DislikedHello, been using this strategy for over a year n will be great to try the ea, how do I set my initial lot size to 0.01, I’m not seeing it in the settings also can I have the cap zone recovery ea pro you used in your YouTube videos for testing, doing some research, thank youIgnored
Disliked{image} {image} {image} Hi Zohe01, thank you for sharing EA, I have idea we can use PVA indi in PVSAR system for entry point, I think when had volume change, the price will fluctuate, we're easy to take profit with small pips (exp 20pips on GU). thank you! {image}Ignored
DislikedHey Guys, The OGT Zone Recovery EA v1.2 is now available. Alistair has been great in reading all the feedback in this latest release. Alistair and I talk through the latest updates in this tutorial video below: https://youtu.be/uMyQxVzlWSg As always, keep the feedback coming! {file} Thanks, Zoheb.Ignored
DislikedI strongly advise, specially newbies, to stay away from this type of recovery system because soon or later you will blow your account as you will be stuck in a ranging period because market mostly ranges. It's an old idea that you can find here in several FF threads and on YouTube that little by little get abandoned because was too dangerous.Ignored
Disliked{quote} Or at the very least back test properly and get your trade rules. Specifically back test times when you can see market was ranging, what was the damage? Can you exclude certain times eg Asian session or late US session, if you back test and restrict number of trades, have a hard stop. What happens during volatile news? Lots of things to consider. You might then be able to develop some rules like: - I will trade 10.00 to 18.00, - initial first entry buy above 15 min 15 lwma only, initial sell below 15 min 15 lwma (you would need a further...Ignored
Disliked{quote} Exactly That's why soon or later this kind of recovery has been abandoned in the past because it's necessary just 1 hit to kill you unless you have very big account. I have seen all sorts of EAs about this idea and they all failed. Yes, you can reduce max number of trades but after it will take ages to return in green. On long run this recovery will kill your accountIgnored
Disliked...No matter using recovery system, grid or martingale the account will be killed sooner or later!Ignored
DislikedHello, been using this strategy for over a year n will be great to try the ea, how do I set my initial lot size to 0.01, I’m not seeing it in the settings also can I have the cap zone recovery ea pro you used in your YouTube videos for testing, doing some research, thank youIgnored
Disliked{quote} A few years ago I posted an Excel file with which it is possible to calculate the losses in advance ... https://www.forexfactory.com/thread/...8#post10789008 {image}{image} {file}Here an old (2016) EA from @Aharontzadik : {file}Ignored
Disliked{quote} For sure! The problem lies partly in the rigid trading channel. If one program correctly the formulas for lot calculation with Excel, one can calculate the number of levels and prepare the capital. What remains is to bed daily so that the calculated limits are not exceeded ... Recently I have perhaps found an alternative to Recovery in combination with Hedging (Is not it? Two terrible things ...). But I don't have the time to test the idea and maybe I'll only do it in 2-3 months.Ignored