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The Compounding System

  • #221
  • Oct 10, 2014 1:57pm Oct 10, 2014 1:57pm
Quoting aahmad29
{quote} Can you give some detail? Is it LO or NYO. LO shouldn't be failure or probably i have some wrong settings. I am using Sonicr Access Panel. LO hit TP at level2 and NYO hit TP at level 1 {image} {image}
It must have been my broker that sent the market a little higher than yours on LO. Mine hit a second high before going down and hitting 3rd SL.
  • #222
  • Oct 11, 2014 5:19am Oct 11, 2014 5:19am
Hi! Does anyone know where can I find an EA to manage these kind of trades? Basically to do what as been discussed :

1. Enter reverse order on SL (max 3 levels but adjustable);
2. Close and stop trading after TP;
3. Adjustable TP, SL and lot size;

Thanks!
  • #223
  • Oct 11, 2014 2:33pm Oct 11, 2014 2:33pm
Quoting Nidolap
Hi! Does anyone know where can I find an EA to manage these kind of trades? Basically to do what as been discussed : 1. Enter reverse order on SL (max 3 levels but adjustable); 2. Close and stop trading after TP; 3. Adjustable TP, SL and lot size; Thanks!
So far i couldn't find so if you find it then please share here.
Love for all; Hatred for none.
  • #224
  • Oct 11, 2014 6:34pm Oct 11, 2014 6:34pm
If i find it i will share it here...

Thanks!
  • #225
  • Oct 11, 2014 9:40pm Oct 11, 2014 9:40pm
Quoting aahmad29
{quote} So far i couldn't find so if you find it then please share here.
Hi aahmad29 & Nidolap ,


Here http://www.forexfactory.com/showthread.php?t=507895

A big Thank You to Shady2500 for helping me compiled to work on MT4 new build.
  • #226
  • Oct 12, 2014 2:33am Oct 12, 2014 2:33am
Quoting goldcourse
{quote} Hi aahmad29 & Nidolap , Here http://www.forexfactory.com/showthread.php?t=507895 A big Thank You to Shady2500 for helping me compiled to work on MT4 new build.
Thanks a lot, i will test it next week...
  • #227
  • Oct 12, 2014 6:09pm Oct 12, 2014 6:09pm
The results weren't very nice over the last month on 3/4 markets, although we have long series on winners those heavy losses really takes it low.

I am not saying it doesn't work, but there should be some kind on human validation before taking the trade, identify strong s/r, big round numbers, consolidation areas, etc.
  • #228
  • Oct 14, 2014 12:27pm Oct 14, 2014 12:27pm
Quoting Nidolap
The results weren't very nice over the last month on 3/4 markets, although we have long series on winners those heavy losses really takes it low. I am not saying it doesn't work, but there should be some kind on human validation before taking the trade, identify strong s/r, big round numbers, consolidation areas, etc.
Thats why i mentioned that traders should come up with different ideas. Traders can use Support and resistance (S1,S2,R1,R2) or big round numbers
Love for all; Hatred for none.
  • #229
  • Oct 15, 2014 6:19am Oct 15, 2014 6:19am
Quoting aahmad29
{quote} Thats why i mentioned that traders should come up with different ideas. Traders can use Support and resistance (S1,S2,R1,R2) or big round numbers
Hi aahmad29,

Have you read the thread As simple as 00 level? I think we can combine its rules to trade, not bad at all.
  • #230
  • Oct 16, 2014 6:04am Oct 16, 2014 6:04am
Quoting wongsiio
{quote} Hi aahmad29, Have you read the thread As simple as 00 level? I think we can combine its rules to trade, not bad at all.
I don't mind. You have read that thread so it would be better that you bring your idea after combining and discuss with other traders.
Love for all; Hatred for none.
  • #231
  • Oct 22, 2014 3:34pm Oct 22, 2014 3:34pm
I am wondering that after starting this thread many traders has introduced this method with little bit modification. Some has also introduced EA and claimed as very successful system but I want to mention that traders can see that this system is very risky and I posted it in my first post so be careful when you use this method. I didn't have any commercial intentions so I mentioned truth in first post so be careful.
Love for all; Hatred for none.
  • #232
  • Last Post: Jul 31, 2017 9:51pm Jul 31, 2017 9:51pm
is any one still using this strategy it look good
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