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Trading Based on Reversing Theory....Testing ON

  • #21
  • Feb 10, 2011 12:17am Feb 10, 2011 12:17am
Quoting forexsaint
Hello All

While trying to find more about the reversing theory ...
i.e Reversing the bad trades of a bad EA...
Mostly failing strategies generate random signals. And reversing random signals still just creates random signals.
  • #22
  • Feb 10, 2011 2:51am Feb 10, 2011 2:51am
Quoting dragan53
why do marketmakers make so much money,because we loose all the time,
and this ea does the same thing,what if we take postions like the marketmaker does,and we do the opposite on what we are supposed to do when we loose

think about it people
even a min 55% of winners is good,but its mostly gonna be 60-70%
MMs make money bc you trade. Period. Doing the opposite still won't help. You'll still be loose all the time. Lol
  • #23
  • Feb 10, 2011 3:13am Feb 10, 2011 3:13am
maybe theres a reason why there isnt many reverse ea's

ur prob right
ill just leave this alone
  • #24
  • Feb 10, 2011 8:18am Feb 10, 2011 8:18am
Quoting dragan53
maybe theres a reason why there isnt many reverse ea's

ur prob right
ill just leave this alone
Often too early to quit. You are our best indicator and your holy Grail.

Most chartists tend to catch the signals late, reacting to a charge: up or down. By the time we get in (for day traders with small pokets like myself).. So by the time we get in, there is the retracement WHAM! Whamm!! or we might have had two or three abcd’z, strung together, not knowing that the last one was the end of the run, we anticipate another D extension which reversed. Thus, we caught the reversal just when it started. the effect is that the reversal will have lager P/L magnitude than the two or so abcd we had success with, having missed the initial one, because we follow the trend, just like most EA.

So if that happens more than half the time and our EA has this character of being later, then when the trend reversal comes, we will be wrong. If reverse we are early for the real move, and if we do not have too large a stop or twoo small a stop (we must get to know our pairs) then we can let profits run. If combined as a basket then your actual SL or TP can be known to you and not your broker...

An EA can be successfully reversed, given some particular characteristics are met. If you are serious spend some time searching for a good product to do it. A search for trade and copy in your favourite search engine should lead you to a solution you could apply. Most things worth having cost someone something. If it benefits me I'll pay for it.

It takes a lot of time to get the hang of successfully reversing a suitable EA. Look among the suggestions made on the topic and you might find it is not as farfetched as initially thought.

Almost quit too soon. Do the works, research and pay if you must. Most crowns have several crosses ahead of them, this is no different.

Bless!
  • #25
  • Feb 10, 2011 5:13pm Feb 10, 2011 5:13pm
ill see if i can get a coder from other site nd if it works ill post it here
  • #26
  • Last Post: Oct 12, 2011 3:45pm Oct 12, 2011 3:45pm
Any luck on the reverse trading idea?
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