Chamunda's MultiCurrency Strategy | Forex Factory

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Attachments: Chamunda's MultiCurrency Strategy
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Chamunda's MultiCurrency Strategy

  • #1
  • First Post: Edited Dec 9, 2013 11:41pm Oct 4, 2010 9:53am | Edited Dec 9, 2013 11:41pm
This strategy has been removed because of its non performance.
  • #2
  • Oct 4, 2010 10:07am Oct 4, 2010 10:07am
Hi , Million thanks too share , lets go too test.
GL Bro.
A little beginner trader since 2006
  • #3
  • Oct 4, 2010 11:08am Oct 4, 2010 11:08am
so as soon as you put it on it just enters looking for the pips? and then out and then auto reentry or is there other criteria?
  • #4
  • Oct 4, 2010 11:09am Oct 4, 2010 11:09am
Quoting stifland
so as soon as you put it on it just enters looking for the pips? and then out and then auto reentry or is there other criteria?

and do you have to attach to all 3 charts?
  • #5
  • Oct 4, 2010 11:18am Oct 4, 2010 11:18am
Quoting vikasone23
[center][left][b][color=Purple]Hello all...

I want to share this Multi Currency strategy which I am testing from last fey days and its...
hello ,
I am in the process,
demoaccount stardet.
best regards
vienna
  • #6
  • Oct 4, 2010 5:32pm Oct 4, 2010 5:32pm
I have this on an Alpari US demo.I have it set to sell USD/CHF and E/U and to Buy G/U and USD/JPY. Using 0.1 lots = $0.10 the first trade closed in 44 minutes. The second set of trades opened immediately and the had about $14 drawdown. Now, 50 minutes after opening, it is down $6.27. A few minutes ago it was down only $1.25.

Still early in the demo process, but looks promising so far. Thank you for posting this method and EA.

Ed
  • #7
  • Oct 4, 2010 6:33pm Oct 4, 2010 6:33pm
Quoting stifland
so as soon as you put it on it just enters looking for the pips? and then out and then auto reentry or is there other criteria?
No... there is no other criteria. But the only one condition NEVER EVER BOOK LOSSES
  • #8
  • Oct 4, 2010 6:34pm Oct 4, 2010 6:34pm
Quoting stifland
and do you have to attach to all 3 charts?
Attach to any one chart.
  • #9
  • Oct 4, 2010 6:35pm Oct 4, 2010 6:35pm
Quoting vienna
hello ,
I am in the process,
demoaccount stardet.
best regards
vienna
Thanx for your interest in this system
  • #10
  • Oct 4, 2010 6:40pm Oct 4, 2010 6:40pm
Quoting Bubba
I have this on an Alpari US demo.I have it set to sell USD/CHF and E/U and to Buy G/U and USD/JPY. Using 0.1 lots = $0.10 the first trade closed in 44 minutes. The second set of trades opened immediately and the had about $14 drawdown. Now, 50 minutes after opening, it is down $6.27. A few minutes ago it was down only $1.25.

Still early in the demo process, but looks promising so far. Thank you for posting this method and EA.

Ed
Please confirm your trades with very first post.
sell USD/CHF
sell USD/JPY
sell Eur/Usd
and Buy G/U
  • #11
  • Oct 4, 2010 8:11pm Oct 4, 2010 8:11pm
hi vikas,

i loaded the EA, but i dont see any trades. also no errors in journal. i kept the default settings
  • #12
  • Oct 4, 2010 8:27pm Oct 4, 2010 8:27pm
no need for tf? and the best session to trade? and when do we know when to switch to the oppisite trade? also stop loss? thanks for sharing
  • #13
  • Oct 4, 2010 8:33pm Oct 4, 2010 8:33pm
Quoting roundrock
hi vikas,

i loaded the EA, but i dont see any trades. also no errors in journal. i kept the default settings
Hello sir,
Its working fine on Alpari Meta trader platform.
  • #14
  • Oct 4, 2010 8:40pm Oct 4, 2010 8:40pm
Quoting treadline
no need for tf? and the best session to trade? and when do we know when to switch to the oppisite trade? also stop loss? thanks for sharing
Hi.. one of our objective while designing such strategy is to make it direction proof. ie whatever direction market will follow it should work in our favour. So there is no need to worry about 'trim and reverse'. It will take some time (may be few hrs) to recover from drawdown. To handle drawdown level lot size should be according to ur money management rules.
  • #15
  • Oct 4, 2010 11:28pm Oct 4, 2010 11:28pm
0.1 lot means 10000 units ? then 5$ TP is very close. or is it 1000 units ?
  • #16
  • Oct 4, 2010 11:51pm Oct 4, 2010 11:51pm
Would this work better on Hedged allowed accounts?
  • #17
  • Oct 5, 2010 1:01am Oct 5, 2010 1:01am
It puts one trade and then I get an "order send error
[IMG]file:///C:/Users/mj/AppData/Local/Temp/moz-screenshot-5.png[/IMG][IMG]file:///C:/Users/mj/AppData/Local/Temp/moz-screenshot-6.png[/IMG]
  • #18
  • Oct 5, 2010 1:09am Oct 5, 2010 1:09am
Hi Vikas
Looks promising but I don;t understand what each variable means and in EA property you have many .. is there a layman's explanation that you can provide?
Need to know what exactly I am doing when using this EA
  • #19
  • Edited 4:38am Oct 5, 2010 4:06am | Edited 4:38am
So far downloaded, on demo and closed trades so far -$48.63? This is for "buy eurusd" shouldn't we change entries according to pair trend?

Only receiving losses on both strategy entries
  • #20
  • Oct 5, 2010 6:50am Oct 5, 2010 6:50am
Quoting roundrock
0.1 lot means 10000 units ? then 5$ TP is very close. or is it 1000 units ?
Sir, EA closes all trades in basket when take profit level hit.
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