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Quantum foam of the market

  • #1
  • First Post: Jul 14, 2024 2:46pm Jul 14, 2024 2:46pm
Hello everyone!

On this forum there are many discussions of strategies & tactics on how to make profits on the market. Be they fundamental or technical, VSA or harmonics, all of them are there to help the end-users to make a profit, or preserve the capital. That is the end goal.

Having tried to predict the market by detecting trends, levels, analyzing volume levels, patterns of candles, indicators, and many other derivatives, we've come to an understanding. I'm sure many of experienced traders here have uncovered their own truths, but here is ours - with sufficient level of risk and money management, and in-depth understanding of YOUR strategy you can make a good living off the market, no matter whether it is trending or flat-lining.

For us it was a grid strategy. With many hours spent on testing it, many live accounts being lost in the process, we've discovered the approach that's good enough to let it run on its own. So far it was running quite well, but, obviously, market is ever changing, and there's no guarantee that it will keep performing the same in the future. So far it has held the test of time on this, and other accounts, and we've started the post here to help others benefit from it.
Those that can't, teach, and those that can, do.
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  • #2
  • Jul 14, 2024 5:31pm Jul 14, 2024 5:31pm
Quoting Acolyte
Hello everyone! ... we've started the post here to help others benefit from it.
Hopefully the benefit is free, tell us more about the strategy perhaps?

Was the CADJPY trade a mistake? I see all others are only the AUDCAD pair.

Nothing wrong with that, I used to be Canadian but now Australian, good pair for me.

It takes a lot for me to IGNORE you, but you can try.
  • #3
  • Jul 15, 2024 2:09am Jul 15, 2024 2:09am
Hello Erebus,

The strategy is quite simple - wait for a signal to open an order, and then continue opening others with the same direction/type on a fixed distance. Take profit is set at break-even, with a little extra added to make it profitable, and then each time a position is opened take profit is updated.

CADJPY was more of a requirement of MQL5.com and picked to show that swaps are added on the account - apparently, they exclude the signal from listing if it doesn't. So, we thought it would be best to have a positive swap rate in the end, rather than negative, and opened those positions manually

You have a trade explorer yourself, what kind of strategy do you have with it? Is it automated, manual, or a mix in-between?
Those that can't, teach, and those that can, do.
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  • #4
  • Jul 15, 2024 2:58am Jul 15, 2024 2:58am
Quoting Acolyte
Hello Erebus, The strategy is quite simple - wait for a signal to open an order, and then continue opening others with the same direction/type on a fixed distance. Take profit is set at break-even, with a little extra added to make it profitable, and then each time a position is opened take profit is updated. CADJPY was more of a requirement of MQL5.com and picked to show that swaps are added on the account - apparently, they exclude the signal from listing if it doesn't. So, we thought it would be best to have a positive swap rate in the end, rather...
1) you opened a Sell
2) price keep going up
3) you are suggesting to keep opening more sells while 2)
if so, aren't you just adding to losses?
can't understand your logic
  • #5
  • Jul 15, 2024 5:53am Jul 15, 2024 5:53am
Quoting Merka
{quote} 1) you opened a Sell 2) price keep going up 3) you are suggesting to keep opening more sells while 2) if so, aren't you just adding to losses? can't understand your logic
It's only a loss if positions are closed. There is another grid strategy which does the opposite, BUT you will need to make the correct guess about where the price will be going. With what I've described there's no need to guess, you let the market do the dancing, and you take the share of the pie when price bounces back.

Of course, there are risks if price keeps going too far - but that's where proper testing and a little of fine-tuning needs to be done prior to entering the market.
Those that can't, teach, and those that can, do.
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  • #6
  • Jul 15, 2024 6:13am Jul 15, 2024 6:13am
Quoting Acolyte
Hello Erebus, The strategy is quite simple - You have a trade explorer yourself, what kind of strategy do you have with it? Is it automated, manual, or a mix in-between?
My explorer is mainly experimental and manual, take no notice of it unless it shows exorbitant wins one day.

So, is there a certain market condition first, and then a signal for your grid?

I guess some form of trend perhaps.

Thanks.
It takes a lot for me to IGNORE you, but you can try.
  • #7
  • Jul 15, 2024 8:31am Jul 15, 2024 8:31am
Quoting Erebus
{quote} My explorer is mainly experimental and manual, take no notice of it unless it shows exorbitant wins one day. So, is there a certain market condition first, and then a signal for your grid? I guess some form of trend perhaps. Thanks.
We have variations for entering the market with the first order, mainly SuperTrend and RSI, sometimes MAs/EMAs. It could've been skipped entirely and replaced with a coin toss, but we decided to add a little extra and start opening orders in the direction of likely reversal. We don't try to predict the way the market goes, and trend as such, and rely on its momentum.
Those that can't, teach, and those that can, do.
Star Ribbean Return This Year: 0.1%
  • #8
  • Jul 15, 2024 8:38am Jul 15, 2024 8:38am
Quoting Acolyte
{quote} We have variations for entering the market with the first order, mainly SuperTrend and RSI, sometimes MAs/EMAs. It could've been skipped entirely and replaced with a coin toss, but we decided to add a little extra and start opening orders in the direction of likely reversal. We don't try to predict the way the market goes, and trend as such, and rely on its momentum.
Do you have any backtest results to share with us?
  • #9
  • Jul 15, 2024 10:24am Jul 15, 2024 10:24am
Quoting Merka
{quote} Do you have any backtest results to share with us?
The best backtests are in the trade explorers we have - they're real accounts, and some are running for well over a year. Not sure how good trade explorer is here for you, but here's the MQL5.com statistics. You will be able to find more detailed statistics in MyFXBook, and the actual signals are on MQL5.com.

We will be posting backtest results here in due time.
Those that can't, teach, and those that can, do.
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  • #10
  • Jul 15, 2024 4:51pm Jul 15, 2024 4:51pm
Quoting Acolyte
{quote} We have variations for entering the market with the first order, mainly SuperTrend and RSI, sometimes MAs/EMAs. It could've been skipped entirely and replaced with a coin toss, but we decided to add a little extra and start opening orders in the direction of likely reversal. We don't try to predict the way the market goes, and trend as such, and rely on its momentum.
SuperTrend is one of my favorite indicators, using a very similar indicator which cannot be mentioned.

I thought the Monday market would be mixed, so I concerned on Gold yesterday, see the chart.

Have you tested this on Gold? And where do we download this? I don't see any links or files.

Thanks.

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It takes a lot for me to IGNORE you, but you can try.
  • #11
  • Jul 16, 2024 1:37am Jul 16, 2024 1:37am
Quoting Erebus
{quote} SuperTrend is one of my favorite indicators, using a very similar indicator which cannot be mentioned. I thought the Monday market would be mixed, so I concerned on Gold yesterday, see the chart. Have you tested this on Gold? And where do we download this? I don't see any links or files. Thanks. {image}
Yes, we tested it on Gold and have a couple of demo accounts running on it. It's very trendy and already blown a couple of demo accounts, requiring a minimum of 5k to run it without running into 50% drawdown. Same for GBPUSD/EURUSD.

We don't offer the expert advisor for download yet, we might do so in the near future, but now it's not ready - there's a bit more debugging and testing needs to be done.

Do you use any other indicators for trading besides Super Trend?
Those that can't, teach, and those that can, do.
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  • #12
  • Jul 16, 2024 3:30am Jul 16, 2024 3:30am
Here's an example backtest for last 1.5 years on one pair, AUDCAD
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And here its breakdown
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We simulated withdrawals every 30 days when total profit exceeds 100$. Of course, it can be done without it, but we prefer to reduce the risk of catastrophic failure by regular withdrawals, avoiding the situation where initial deposit is completely lost.
Those that can't, teach, and those that can, do.
Star Ribbean Return This Year: 0.1%
  • #13
  • Jul 16, 2024 4:33am Jul 16, 2024 4:33am
Quoting Acolyte
Here's an example backtest for last 1.5 years on one pair, AUDCAD {image} And here its breakdown {image} We simulated withdrawals every 30 days when total profit exceeds 100$. Of course, it can be done without it, but we prefer to reduce the risk of catastrophic failure by regular withdrawals, avoiding the situation where initial deposit is completely lost.
To overcome large floating, you have to add another indicator that is faster, if your floating is large, it indicates that the slow indicator is very dominant
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After you can overcome the large floating minus, the next thing you need to think about is order manipulation, this context is outside any indicator

You won't find the context for order manipulation in FF,

you have to create it yourself and if you are able to create that context, use it for yourself

Good Luck
  • #14
  • Jul 16, 2024 5:40am Jul 16, 2024 5:40am
Quoting Darwati
{quote} To overcome large floating, you have to add another indicator that is faster, if your floating is large, it indicates that the slow indicator is very dominant {image} After you can overcome the large floating minus, the next thing you need to think about is order manipulation, this context is outside any indicator You won't find the context for order manipulation in FF, you have to create it yourself and if you are able to create that context, use it for yourself Good Luck
what do you mean for "order manipulation"?
  • #15
  • Jul 16, 2024 5:50am Jul 16, 2024 5:50am
Quoting Darwati
{quote}After you can overcome the large floating minus, the next thing you need to think about is order manipulation, this context is outside any indicator
What do you mean by the "order manipulation"?

As for the floating we think it's good enough - we were planning to lower it to 300$, but overall 500$ is much better in terms of risk-to-profit.
Those that can't, teach, and those that can, do.
Star Ribbean Return This Year: 0.1%
  • #16
  • Jul 16, 2024 6:09am Jul 16, 2024 6:09am
Merka , Acolyte ....

what do you do when recovering losses, what do you do when you want to increase profits or double profits

it's all part of what I call order manipulation

It takes courage, and must be balanced with the algorithm implemented in EA

If courage is not supported by a structured algorithm, it is too reckless

So you can apply the technique when recovering losses, even though you are not in a state of loss

but all of these techniques must be neatly arranged in the EA algorithm as a trading tool

If you already understand that, then all indicators can be used, it's just a matter of fast middle slow
  • #17
  • Jul 16, 2024 8:02am Jul 16, 2024 8:02am
everything is just speculation, so play speculation with an initial capital of 1000 cents, and return it to 1000 cents

and it only takes an algorithm to manipulate the order

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  • #18
  • Jul 16, 2024 8:14am Jul 16, 2024 8:14am
Quoting Darwati
everything is just speculation, so play speculation with an initial capital of 1000 cents, and return it to 1000 cents and it only takes an algorithm to manipulate the order {image}
Guess thiEA is using a very agressive MM to convert 1000 to 6500.
high risk and high reward on this occasion
  • #19
  • Jul 16, 2024 8:52am Jul 16, 2024 8:52am
Quoting Darwati
everything is just speculation, so play speculation with an initial capital of 1000 cents, and return it to 1000 cents and it only takes an algorithm to manipulate the order {image}
Not too bad - we also started there, trying to maximize the profits while missing on the risk management basics. What kind of strategy do you use with your example?
Those that can't, teach, and those that can, do.
Star Ribbean Return This Year: 0.1%
  • #20
  • Jul 16, 2024 12:26pm Jul 16, 2024 12:26pm
Quoting Acolyte
{quote} Not too bad - we also started there, trying to maximize the profits while missing on the risk management basics. What kind of strategy do you use with your example?

what kind of strategy?.....
if you focus on what you understand now
if you keep trying to use it, testing it, revising it for months, months, years
Don't change systems, then the most suitable strategy for you will come to you
Try asking yourself, how much time will you invest in it? 1 year? 2 years ? 5 years ?

in the context of 1000 cents becoming 6743 cents,
I collect profits little by little, then play and manipulate lots and orders in a measured proportional way,
roughly I gamble 100% of 1000 Cents in a measured way, if I get a margin call, I start again with 1000 Cents

yes I am a gambler, "I gambled in time" more than 5 years as a demo trader and developer

that's my strategy
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