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Attachments: The Coin-Flip Theory
Exit Attachments

The Coin-Flip Theory

Quoting victor_ray
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"
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
I see my mistake, smoothTrader.
i test it out for a month.

at pair GPUSD,

first i thought,

Quote
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)
Click to Enlarge 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.
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
Quoting Kruspe
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
Hi, Kruspe, I'm Zheng zuodong, very thanks for you.
Quoting yczzd
{quote} Hi, Kruspe, I'm Zheng zuodong, very thanks for you.
Hi buddy, you are welcome
Quoting yczzd
{quote} Hi, Kruspe, I'm Zheng zuodong, very thanks for you.
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?
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!
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)
Click to Enlarge Name: Swaggy16.png Size: 66 KB
@ ooLah

Take the candle you want and stick to it.
Quoting Jysticim
@ ooLah Take the candle you want and stick to it.
ok thanks a lot Jysticim!
Time it carefully, Plan it thoroughly, Trade it confidently!
Quoting sinexcellent
{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?
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
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
Quoting yczzd
{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...
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.

@_@
Quoting yczzd
{quote} Hi, Kruspe, I'm Zheng zuodong, very thanks for you.
hi
i dont know why i can not download the EA?
any idea Zheng?
thanks
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
Quoting fredgold3434
{quote} hi i dont know why i can not download the EA? any idea Zheng? thanks
Here you are.

Attached File(s)
File Type: mq4 CoinFlip EA V21.mq4   19 KB | 440 downloads



Quote
1-if the account balance is more than $100, can you add some parameter that EA use only $100 of it?

Lots of orders can be automatically calculated based on the account equity。

Quote
2-to add a parameter which can adjust the stop loss bese of account leverage ?

Stops are determined based on the parameters HardSL and yesterday's high and low。
Yesterday Trade Screenshot

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 153 KB
Hi Jysticim

How do we use the ATR as SL and TP? This is replacement of the 34 pips we used before?
Day 5: August 4, 2014
Result: -2.67%

Attached Image (click to enlarge)
Click to Enlarge Name: 8-4-2014 - Closed Trade.png Size: 8 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 8-4-2014 - Log.png Size: 61 KB



Day 6: August 5, 2014
Bet Loaded

Attached Image (click to enlarge)
Click to Enlarge Name: 8-5-2014 - Entry.png Size: 79 KB



I hope the the market drop down 20 pip today at London market open...
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