Attachments: The Coin-Flip Theory

The Coin-Flip Theory

#241
Aug 3, 2014 11:09pm Aug 3, 2014 11:09pm

SmoothTrader
Joined Oct 2008 | Status: Perpetual Student of the Charts | 947 Posts

Quoting victor_ray

Disliked

According to the 1st post: the author said " - Open the trade @ closing level of the candle So that mean if you pick the 5:00 candle then at 5:00 exactly you make your bet... (but I don't get how can the author see the candle is bullish if the candle have zero pip movement." Or the author just look at teh previous 4:00 candle and determine it's bull/bear. I'll let Jysticim clear up that confusion. Usually at near the end around : 5:55-5:58 is when you can "see the shape of the candle bull/bear"

Ignored

No he said "Open the trade at the closing level" of that candle so in your example it would be the 5:59:59 price level.

GREEN pips to all

#242
Aug 3, 2014 11:10pm Aug 3, 2014 11:10pm

victor_ray
| Joined Aug 2008 | Status: Trader | 264 Posts

I see my mistake, smoothTrader.

#243
Edited 5:30am Aug 4, 2014 4:54am | Edited 5:30am

sinexcellent
| Joined Feb 2011 | Status: Stay Humble no matter what | 48 Posts

i test it out for a month.

at pair GPUSD,

first i thought,

Quote

Disliked

well it's a good pair. it's major pair, small spread and have better daily average movement.

and in the end.

this is what i got.

Attached Image (click to enlarge)

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Name: research for 1 month GBPUSD.PNG
Size: 102 KB

happy green pipping.

(that is real money if you guys asking. I start it using $100).

P.S :
Trans is friday to monday (so i skip that trade, because mostly i skip trading at friday).

with the trans,
total loss is 13
total win is 10

without the trans,
total loss is 10
total win is 9

so based on this research we can say for july we better not trading on friday.
and based on this research if the loss percentage is bigger than the win percentage.
are you gonna still make it? or are you still gonna do it?

--------------------------------------

1-7-2014
238 point
100+33.32 = 133.32

2-7-2014
231 point
133.32+43.89 = 177.21

3-7-2014
-340 point
177.21/2 = 88.60

7-7-2014
419 point
88.605+10.63 = 99.23

8-7-2014
121 point
99.23+16.94 = 116.17

9-7-2014
116.17/2 = 58.08 USD

--------------------------------------

well ??

does anyone have conclusion or have some input? let's discuss it here.

#244
Aug 4, 2014 6:05am Aug 4, 2014 6:05am

Kruspe
Joined Oct 2010 | Status: Trader | 244 Posts

Hey guys, please check this out,

Inserted Code

http://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=5&t=3765&sid=c864b1e2c0f801614712e54dfdda6e86#p96911

The first version of Coin flip EA is available, many thanks to author

#245
Aug 4, 2014 6:34am Aug 4, 2014 6:34am

yczzd
| Joined Aug 2012 | Status: Trader | 164 Posts

Quoting Kruspe

Disliked

Hey guys, please check this out, http://www.stevehopwoodforex.com/php...dda6e86#p96911 The first version of Coin flip EA is available, many thanks to author

Ignored

Hi, Kruspe, I'm Zheng zuodong, very thanks for you.

#246
Aug 4, 2014 6:54am Aug 4, 2014 6:54am

Kruspe
Joined Oct 2010 | Status: Trader | 244 Posts

Quoting yczzd

Disliked

{quote} Hi, Kruspe, I'm Zheng zuodong, very thanks for you.

Ignored

Hi buddy, you are welcome

#247
Aug 4, 2014 6:59am Aug 4, 2014 6:59am

sinexcellent
| Joined Feb 2011 | Status: Stay Humble no matter what | 48 Posts

Quoting yczzd

Disliked

{quote} Hi, Kruspe, I'm Zheng zuodong, very thanks for you.

Ignored

thx alot to you zheng.

can i ask you how to setting this EA?

i've been trying using it now to backtest the strategy.

but i think something is wrong here...

my first SL is 400 points, but after that my SL become 170 point.

how to fix this?

#248
Aug 4, 2014 7:24am Aug 4, 2014 7:24am

ooLah
| Joined May 2014 | Status: Trader | 290 Posts

Hello everyone, can someone please confirm for me whether today is a sell day at 1.34284?

Time it carefully, Plan it thoroughly, Trade it confidently!

#249
Aug 4, 2014 7:40am Aug 4, 2014 7:40am

Jysticim
| Joined Dec 2013 | Status: Trader | 248 Posts

Thank you really much for making an EA. I will test it out Zheng.

@ fugly
I used the same ATR for the full month. I used the ATR data from the indicator in the thread.

I totally forgot to mention my trade.

Buy Day 33(Yesterday, closed today):
Open 1.33944
Close 1.34263 Gain: 319 // 31.9 Pips
31.9 Pips x (0.00001/1.34263)x(867$ x 200) = 412$ +867$ = 1279$

Sell Day 34
Open 1.34204
Close xxxxxxxx

SL yesterdays high: 1.34379

Green pipping to everyone

Attached Image (click to enlarge)

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#250
Aug 4, 2014 7:41am Aug 4, 2014 7:41am

Jysticim
| Joined Dec 2013 | Status: Trader | 248 Posts

@ ooLah

Take the candle you want and stick to it.

#251
Aug 4, 2014 7:50am Aug 4, 2014 7:50am

ooLah
| Joined May 2014 | Status: Trader | 290 Posts

Quoting Jysticim

Disliked

@ ooLah Take the candle you want and stick to it.

Ignored

ok thanks a lot Jysticim!

Time it carefully, Plan it thoroughly, Trade it confidently!

#252
Aug 4, 2014 8:21am Aug 4, 2014 8:21am

yczzd
| Joined Aug 2012 | Status: Trader | 164 Posts

Quoting sinexcellent

Disliked

{quote} thx alot to you zheng. can i ask you how to setting this EA? i've been trying using it now to backtest the strategy. but i think something is wrong here... my first SL is 400 points, but after that my SL become 170 point. how to fix this?

Ignored

Hi, sinexcellent.
Setting should be very simple.
Rules：（Rule were a little changed to : ahead of one hour, in the closed position and the

open orders. Of course, you can easily set the time. you need by adjust the parameters of LondonOpenTime)

TimeFrame: H1

London opening: 9:00 (London DST,GMT+1)

1st Candle 9:00-10:00 (At the beginning of the candle we close the trade of yesterday)

2st Candle 10:00-11:00 (At the beginning of the candle we open the new trade)

Buy if 1st candle is bullish
Sell if 1st candle is bearish
the original post
Coin-Flip EA v2.0 Parameter Description:

extern int LocalGMTOffset = 8; //setting Local Time Zone
extern int BrokerGMTOffset = 2; //settine your Broker Time Zone
extern string LondonOpenTime = "9:00"; //setting London Session Start Time

extern double EquityPercent = 0.2; //Risk of per trade. 50% in the original post
extern double HardSL = 45.0; //Stopless. 34pips in the original post
extern bool DynamicLots = true; //Automatic calculation lots
extern double FixedLots = 0.1;

extern int MagicNumber = 777;

Also, your stop is 400 points, it should be five quotes brokers. I have not tested, the hope that expert help check, plz

#253
Aug 4, 2014 12:21pm Aug 4, 2014 12:21pm

freemen
| Joined May 2010 | Status: Trader | 1,078 Posts

Is it someone who made money with this coinflip theory? Or only author 27 000 if I understood?
Enough tests give me real results...

Once scalper always scalper

#254
Aug 4, 2014 12:36pm Aug 4, 2014 12:36pm

sinexcellent
| Joined Feb 2011 | Status: Stay Humble no matter what | 48 Posts

Quoting yczzd

Disliked

{quote} Hi, sinexcellent. Setting should be very simple. Rules：（Rule were a little changed to : ahead of one hour, in the closed position and the open orders. Of course, you can easily set the time. you need by adjust the parameters of LondonOpenTime) TimeFrame: H1 London opening: 9:00 (London DST,GMT+1) 1st Candle 9:00-10:00 (At the beginning of the candle we close the trade of yesterday) 2st Candle 10:00-11:00 (At the beginning of the candle we open the new trade) Buy if 1st candle is bullish Sell if 1st candle is bearish the original...

Ignored

im using 5 digit broker.

the first entry is right, it's 400 as an SL, but then the next one is 170. after it reach the SL, the next SL is back to 400.

@_@

#255
Aug 4, 2014 4:01pm Aug 4, 2014 4:01pm

fredgold3434
| Joined Jun 2010 | Status: Trader | 563 Posts

Quoting yczzd

Disliked

{quote} Hi, Kruspe, I'm Zheng zuodong, very thanks for you.

Ignored

hi
i dont know why i can not download the EA?
any idea Zheng?
thanks

#256
Aug 4, 2014 4:51pm Aug 4, 2014 4:51pm

fredgold3434
| Joined Jun 2010 | Status: Trader | 563 Posts

hi ZHeng
few questions regarding the EA.
1-if the account balance is more than $100, can you add some parameter that EA use only $100 of it?
2-to add a parameter which can adjust the stop loss bese of account leverage ?
thanks alot
regards
fred

#257
Aug 4, 2014 6:52pm Aug 4, 2014 6:52pm