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

  • #701
  • Edited 2:16am Nov 24, 2020 1:31am | Edited 2:16am
Hold trade instead of SL

SL is tight so we can use hedge method to avoid SL hunt by using manual intervention

Before I used separate BUY and SELL NGP EAs to place buy or sell hedges in GBPUSD without SL

When 3 buys open then sell EA will place until sell place 6 sells after remove buy EA if buy not closed in TP , if hit in buy TP then buy side EA will place to start work to recover sell loss vise versa

Every time have to change magic number to avoid closing open trades by EA and always keep 3 orders one side ... it works I recovered all loss in GBPUSD and made bit profit also before

Now it can use with Gold

1, place GNgp without SL

2, if buy or sell make more extra trades means 3 buy and 6 sells means stop sell side

3, place buy or sell only based on extra trades until recover

Continue...

a) GNgp NO SL
b) GNgp BUY NO SL
c) GNgp SELL NO SL

Always change magic number when add it on chart

$100 in cent account with default 0.01 lot size is suitable for it

Download attached text files and change .txt to .set

PS : Remember if you do not manage buy / sell manually it will make loss because this is not using SL

If you want to use with SL download GNgp.txt from above post
Attached File(s)
File Type: txt GNgp_NO_SL.txt   1 KB | 260 downloads
File Type: txt GNgp_SELL_NO_SL.txt   1 KB | 236 downloads
File Type: txt GNgp_BUY_NO_SL.txt   1 KB | 232 downloads
  • #702
  • Nov 25, 2020 3:26am Nov 25, 2020 3:26am
This is the extra decent trading input of NeverGP family for gold trading

"what you give is what you get "

If you risk 10% equity you get 10% ROI

This can use for long term investment , this is the 3 months strategy test

Here is how it works

In every $10 gap in gold EA place two pending orders one is buy and another one is sell
If both of the orders hit in SL EA will open next trade after the $10 gap in gold

TP = $10 ( 1000 pips )
SL = $2 ( 200 pips )

And all others inputs are same of GNgp

https://www.myfxbook.com/strategies/...ng-term/286046

More study needed in this logic what if 100% risk then reward ratio must not be limit in 100% profit because lot size increase and decrease dynamically can make bigger profit with higher lot size.

Download attached txt file and change .txt to .set
Attached Image (click to enlarge)
Click to Enlarge Name: 2019_06_20_075636_20201125133350541.jpg Size: 48 KB
Attached Image
Attached File(s)
File Type: txt GNgp1000Gap.txt   8 KB | 223 downloads
  • #703
  • Nov 28, 2020 8:42am Nov 28, 2020 8:42am
Hi, I want to test your robot, is it possible?
  • #704
  • Edited 9:03am Nov 29, 2020 8:35am | Edited 9:03am
Quoting Gotowin
Hi, I want to test your robot, is it possible?
Almost test is completed , with small lot size you can trade without risk , I recommend Gold and GBPUSD

Bigger profit will get if you take risk with higher lot size but not recommended, do it with small deposit

You can buy EA
www.nevergpea.com
  • #705
  • Nov 29, 2020 9:20am Nov 29, 2020 9:20am
Gold with 0.01 lot ( $0.10 cent per pip ) made 10% profit only but DD also was 10% in 3 months test see above myfxbook

Now I am testing with 0.25 lot size ( $0.25 ) per pip but gold $1000 become $15000+ in one month still running nearly 3 month test is going on ... But DD is more than 50%

So deposit $10 in cent account if you are lucky it will become $150 or $10 will loss suddenly or it will survive 3+ months

Sometimes if market continue run like that $1500 or $15k will get from deposit $10 same time there is chance to loss $10 serval times

So I decided trade with buy sell separated EAs with manual intervention I started it with $100 real account, it's going well I will post details when my account double no risk no big drawdown decent income expecting from that strategy

Strategy

Add buy sell together gold trader without SL

When buy or sell open more than 10 orders that side remove and run opposite side EA only until recover means both sideways and trend can make profit with limited DD

It works well with GBPUSD before now I am doing it with gold because gold have more price action than currency
  • #706
  • Nov 29, 2020 9:37am Nov 29, 2020 9:37am
Hello Never,

How are you? hope everything is fine,i have seen that you never stop working :-) Same as me,I'm doing very well On GJ GOLD& Deriv's platform,manually trading price action,coupled with ADR( maybe help with EA dev.maybe i can get more sleep) ,will email you my monthly sheet,results.....Very nice i'm reading,can you send guideline or initialization process to my email,thanks.I can setup your EA...its just the manual intervention I don't understand well. I am a full-time trader now,got time to burn
  • #707
  • Nov 29, 2020 10:15am Nov 29, 2020 10:15am
Quoting scsstnt
Hello Never, How are you? hope everything is fine,i have seen that you never stop working :-) Same as me,I'm doing very well On GJ GOLD& Deriv's platform,manually trading price action,coupled with ADR( maybe help with EA dev.maybe i can get more sleep) ,will email you my monthly sheet,results.....Very nice i'm reading,can you send guideline or initialization process to my email,thanks.I can setup your EA...its just the manual intervention I don't understand well. I am a full-time trader now,got time to burn
Hi scsstnt,
Its not our thread but since you mentioned Deriv's platform what is your experience ? I am interested too but I read negative reviews in FPA. Thanks
  • #708
  • Nov 29, 2020 11:15am Nov 29, 2020 11:15am
Quoting scsstnt
Hello Never, How are you? hope everything is fine,i have seen that you never stop working :-) Same as me,I'm doing very well On GJ GOLD& Deriv's platform,manually trading price action,coupled with ADR( maybe help with EA dev.maybe i can get more sleep) ,will email you my monthly sheet,results.....Very nice i'm reading,can you send guideline or initialization process to my email,thanks.I can setup your EA...its just the manual intervention I don't understand well. I am a full-time trader now,got time to burn
Fine , I was finding sideways strategy for this EA last few months since it was working only at trending movement

We know there is SL hunt to avoid it by mathematical algorithm there is one way is don't use SL but it's extremely risky

But we can use drawdown limitations to trade without SL means until account equity down to 10% we don't need to use SL

Once equity down to 10% minus then count how many buys and sell are out there ...

10 sells
20 buys

That means there is 10 extra buys ( 10*0.01 = 0.10 lot ) in this situation if market go sell side and closes sells in tp buys will increase that will cause account wipeout

So what we should do is stop buy side trading and add sell EA only until both sides become equal

Always closing trades only in TP before it down to more than 25% DD we protect with hedge

Incease market start moving as trend based on buy or sell EA which is available in chart will make big profit other times it make profit in sideways too

I think it's bit difficult to understand this week I will add my real account live statement of myfxbook you can watch how it works
  • #709
  • Nov 29, 2020 11:24am Nov 29, 2020 11:24am
Quoting Never
{quote} Fine , I was finding sideways strategy for this EA last few months since it was working only at trending movement We know there is SL hunt to avoid it by mathematical algorithm there is one way is don't use SL but it's extremely risky But we can use drawdown limitations to trade without SL means until account equity down to 10% we don't need to use SL Once equity down to 10% minus then count how many buys and sell are out there ... 10 sells 20 buys That means there is 10 extra buys ( 10*0.01 = 0.10 lot ) in this situation if market go sell...
This seems to me a brilliant idea Never but we have to monitor EA all of the time. Is there a way to automate this process?
  • #710
  • Nov 29, 2020 4:37pm Nov 29, 2020 4:37pm
Quoting jonage
{quote} This seems to me a brilliant idea Never but we have to monitor EA all of the time. Is there a way to automate this process?
We can automate this process , I am waiting for the results from manual intervention with gold then sell / buy separate based on levels will add

Hedge level = true
Hedge start = 10

This means every time EA change buy and sell based on numbers we added on hedge start
  • #711
  • Edited 11:35am Dec 4, 2020 10:49am | Edited 11:35am
Above posted sideways strategy works only in certain range because without SL increasing orders in buy or sell sides will make loss if market start moving straight forward

So temporary I stopped researching sideways which is not possible but yes its possible to make small profits in average trading range ( ATR )

I assume that this NeverGP EA works / make big profit only at trending market of straight forward movement

Below is the diagram how sideways market increase number of orders in every 10 trades hedge without SL
Attached Image
  • #712
  • Dec 5, 2020 2:45am Dec 5, 2020 2:45am
Return back to trade with 24x5 strategy with tight SL

1 million dollars happened when GBPUSD move down 1000 pips so no wonder how this amount was made by this EA in back test

Below is the chart when that happens

So trade at the time of London session only can make 100 pips minimum if so 10 times 100 pips profit can do it same ?
Attached Image (click to enlarge)
Click to Enlarge Name: 2020125175_130517.png Size: 43 KB
  • #713
  • Dec 5, 2020 8:10am Dec 5, 2020 8:10am
great job man ! best of luck
  • #714
  • Dec 5, 2020 8:14am Dec 5, 2020 8:14am
I think we can all agree that automation should serve us....we should not serve it.

ES
  • #715
  • Dec 5, 2020 8:16am Dec 5, 2020 8:16am
Again...Some say Forex only trends 30% or less most of the time.
  • #716
  • Dec 5, 2020 8:46pm Dec 5, 2020 8:46pm
Quoting ElectricSavant
Again...Some say Forex only trends 30% or less most of the time.
You mean volume of forex is decreased ?
  • #717
  • Dec 5, 2020 9:07pm Dec 5, 2020 9:07pm
No movement itself....trend or chop....

Quoting Never
{quote} You mean volume of forex is decreased ?
  • #718
  • Dec 6, 2020 4:31am Dec 6, 2020 4:31am
Live account created to trade NGP24x5 EA in with $93 deposit

Trade explorer connected above to watch ..

EA will place 3 pending orders each time with 30 SL 200 TP and 30 BE

30+40+50 = 100 SL ($10)
200+210+220 = 630 TP ($63)
40 pips BE start 30 BE profit = $3

Starting lot size 0.01 ( $0.10 standard lot per pip )

Decided to run full-time
Attached Image
  • #719
  • Dec 6, 2020 7:26am Dec 6, 2020 7:26am
This is exciting. I am hoping to fire up my EA again that I paid for.

Quoting Never
Live account created to trade NGP24x5 EA in with $93 deposit Trade explorer connected above to watch .. EA will place 3 pending orders each time with 30 SL 200 TP and 30 BE 30+40+50 = 100 SL ($10) 200+210+220 = 630 TP ($63) 40 pips BE start 30 BE profit = $3 Starting lot size 0.01 ( $0.10 standard lot per pip ) Decided to run full-time {image}
  • #720
  • Dec 6, 2020 8:46am Dec 6, 2020 8:46am
Quoting ElectricSavant
This is exciting. I am hoping to fire up my EA again that I paid for. {quote}
With this same settings 24x5 input TP is 200 pips but sideways market made loss in $100 deposit every 10 days 3 times in my back test last 30 days

That's what happen when market sideways with big TP target so let me test 100 pips TP or 200 pips SL vise versa , now SL is 30 only
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