DislikedWow its amazing how the logic knows where the swing points are.Ignored
- #286
- Mar 9, 2025 9:15am Mar 9, 2025 9:15am
- | Commercial User | Joined Jul 2009 | 5,729 Posts
Some other family items popped up this past week so didn't have time to do a video yet but will try to this week.
On a $50910.21 Demo account the profit so far for one week has been $9993.50 trading 1 lot.
Closed Trades = 20
Winners = 20
losers = 0
Open Trades = 15 to start the new week
On a $50910.21 Demo account the profit so far for one week has been $9993.50 trading 1 lot.
Closed Trades = 20
Winners = 20
losers = 0
Open Trades = 15 to start the new week
- #290
- Mar 10, 2025 8:33am Mar 10, 2025 8:33am
- | Commercial User | Joined Jul 2009 | 5,729 Posts
Here is a short trade that took place and is still active, will see how it ends up, presently positive $6642.98.
After entering the trade the swing point moved and it then went into recovery mode.
Now waiting for an up swing point to exit the trade.
After entering the trade the swing point moved and it then went into recovery mode.
Now waiting for an up swing point to exit the trade.
- #292
- Mar 10, 2025 9:13am Mar 10, 2025 9:13am
- | Commercial User | Joined Jul 2009 | 5,729 Posts
For those using the Manager remember that the pairs listed in the Manager must be available from your Broker, so check your Broker list.
Also don't put any prefix or suffix on the pair names in the Manager list, just the 6 letters (XXXXXX).
If this is not correct when loading the Manager you will get a divide by zero error and the Manager will not load.
Please take the time to watch the Manager Videos on the first page. They are not fully up to date but are a must to see.
One more thing:
In order for the recovery mode to work properly you must not try to trade to large a lot size for the number of pairs being traded.
If the (Min Marg) is active as you want it to be it will stop you from taking more trades when reached and then if a trade goes into recovery mode it will not be able to place any trades to help with recovery.
The best way to test is open a Demo Account of the size in dollars you would trade a live account.
Also set it up for the same leverage as your live account would be.
Start with a lot size of .01 and after several weeks see how close you come to your (Min Marg) setting.
This should give you some idea of what size lot is safe to use.
As can be seen in the screen shot I have exceeded my set (Min Marg) of 200% so any trades that go into recovery mode will not be able to add on the needed recovery trades, it even says (No New Trades Allowed). In this case the lot size should have been a little smaller as I was trading 28 pairs.
All of this is up to you and how you want to do your MM. The system will make money but you need to use a little common sense.
Hope this helps.
Also don't put any prefix or suffix on the pair names in the Manager list, just the 6 letters (XXXXXX).
If this is not correct when loading the Manager you will get a divide by zero error and the Manager will not load.
Please take the time to watch the Manager Videos on the first page. They are not fully up to date but are a must to see.
One more thing:
In order for the recovery mode to work properly you must not try to trade to large a lot size for the number of pairs being traded.
If the (Min Marg) is active as you want it to be it will stop you from taking more trades when reached and then if a trade goes into recovery mode it will not be able to place any trades to help with recovery.
The best way to test is open a Demo Account of the size in dollars you would trade a live account.
Also set it up for the same leverage as your live account would be.
Start with a lot size of .01 and after several weeks see how close you come to your (Min Marg) setting.
This should give you some idea of what size lot is safe to use.
As can be seen in the screen shot I have exceeded my set (Min Marg) of 200% so any trades that go into recovery mode will not be able to add on the needed recovery trades, it even says (No New Trades Allowed). In this case the lot size should have been a little smaller as I was trading 28 pairs.
All of this is up to you and how you want to do your MM. The system will make money but you need to use a little common sense.
Hope this helps.
- #293
- Mar 10, 2025 9:43am Mar 10, 2025 9:43am
- | Commercial User | Joined Jul 2009 | 5,729 Posts
Watch and see if we go short or do we re-paint?
