Need Help Coding the Holy Grail! (not kidding)

I think i found it..(theres a cristian saying in russian, who is searching will find)
it associated with god but i found that not only^^
so here goes: there's a system called carry trade system, i found an EA on FF based on this method but it has cons: it only trades 1 direction.. i mean it only buys, i need it to post pending orders in both directions and not only long..
It should better have a changeable distance the first 2(long&short) pendings from the PA and all the default stuff there are now..
Ill be very great full to whom will help me and i think not only me
The EA will be posted on FF after the tests at its final version.

So thanks for all the anticipates in my thread)

P.S the system works on any TF and ANY pair,index,stock,anything. well those are already benefits)

Congrats!


http://runescape.salmoneus.net/quest...l/complete.gif

lmao, the HOLLY grail huh?

Kind of funny to see your thread progression... from one system to another. Good luck on your quest noble sir!

lolzapalooza @ both pics

Python,

I seem to recall having seen this system a year ago on another forum.....

I am always open to correction, but I think you have missed the point of this system. It is a cost averaging system that is used to trade an instrument with a high interest rate differential, in the direction of positive interest(GBPJPY back in the good old days, now probably GBPAUD or EURAUD). This thing would have died with the carry trade in August 2008......go have a look at the GBPJPY chart to see why.

The idea is you would buy GBPJPY.......if the price moves up, you close at +10 pips, no problem. If the price moves against you, you collect swap and cost average until you can exit at breakeven or +10pips.

Works well in ranging markets but the trends will kill you.

If you have just discovered costa averaging and think it is the holy grail, there are many EA's that do that already. Go look for PipMaker as one example.

No, you are right but i got a new idea for making this system work by executing orders in both directions so no matter if it trends or not you make money all day long...

What, you found the federal governments printing presses??

Python,

There is nothing new about this idea and personally I think you are wasting your time(and money), but that is your perogative.

Look up this thread on a popular russian forum, as it is probably what you are looking for :-

http://forexsystems.ru/en/sovetniki/...ingale%5D.html

I know it sounds absurd, but have you ever tried it personally? i mean even paper work..
of course you need some sl and tp vlaues but the method is brilliant..

My first 6 months in forex were wasted chasing the hedge grid dream.

I have probably not tried every single shape or form of grid/martingale trading but I have tried enough of them to know that there are better ways to trade.

I think you will find the people that use these system don't just trade them blindly as you are proposing. You will find that their entries are not half bad(ie not just random) and they harvest regularly.

Each to their own, I don't trade like that and it is certainly not the holy grail, but good luck and let us know how it turns out for you.

well thats my point you never try, u never know...
so i need some1 to help me coding it cuz its almost impossible tu put 400 pending orders in both directions and move them every amount of pips lol...

I think you can do it Python! You are holy in your humility and success may be sacred