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Weighted Coin Toss Trading

  • Linked: Weighted Coin Toss | Demo Account XXXXX82
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  • #61
  • Apr 7, 2015 8:36pm Apr 7, 2015 8:36pm
Quoting Magix
{quote} Best workings, and really have a look at a chart to see what I am saying here... If (Close[1]<Open[1]&&Bid>iHigh[1]) return (buy); If (Close[1]>Open[1]&&Ask<iLow[1]) return (sell); When you have a look at a chart, and if you properly qualify these through the use of a supply/demand or an OB/OS criteria, you will see what I am saying. An immediate trend surge and reversal are the qualities of a lot of standard systems. Qualify them even further with the daily/weekly as direction and they can be pretty amazing. 2 candles, the last and the...
Maybe give me some inspiration.

I will Try to go back to modify Auto-Profit at tonight.
[Auto-Profit]
http://ruforum.mt5.com/threads/5902-arhiv-auto-profit

thankyou.
  • #62
  • Apr 7, 2015 8:40pm Apr 7, 2015 8:40pm
Quoting oneffone
{quote} Maybe give me some inspiration. I will Try to go back to modify Auto-Profit at tonight. [Auto-Profit] http://ruforum.mt5.com/threads/5902-arhiv-auto-profit thankyou.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #63
  • Apr 7, 2015 9:15pm Apr 7, 2015 9:15pm
Quoting Magix
{quote} Pierre, I see you are a fan of the work of GVC. He is one of the friends that has helped me raise thousands of dollars for charity. Past that, he is generous in spirit and efforts, there really are only a few people that I truly aspire to be like. GVC is one. I like your attitude and love your spirit, my friend. Though I am not familiar with your charity, believe me, it is contributions like this that keep a lot of us going! Your link will be passed on to GVC so that he can see how far his efforts still reach.
Thanks for your kind words mate. Yes for the most part I've been silently in the background following GVC's posts and threads It's nice to hear he's another generous soul and great you speak so highly of him.
  • #64
  • Apr 7, 2015 9:56pm Apr 7, 2015 9:56pm
Quoting Magix
{quote} Pierre, I see you are a fan of the work of GVC. He is one of the friends that has helped me raise thousands of dollars for charity. Past that, he is generous in spirit and efforts, there really are only a few people that I truly aspire to be like. GVC is one. I like your attitude and love your spirit, my friend. Though I am not familiar with your charity, believe me, it is contributions like this that keep a lot of us going! Your link will be passed on to GVC so that he can see how far his efforts still reach.
Thanks Magix.....

You are too kind.....
  • #65
  • Apr 7, 2015 10:26pm Apr 7, 2015 10:26pm
Quoting oneffone
{quote} Maybe give me some inspiration. I will Try to go back to modify Auto-Profit at tonight. [Auto-Profit] http://ruforum.mt5.com/threads/5902-arhiv-auto-profit thankyou.
Solutions ONLY!!!
  • #66
  • Apr 8, 2015 3:10am Apr 8, 2015 3:10am
Quoting ChicagoRob
{quote} Excellent work. How solid would this be for us poor Americans on 50:1?
Was really wondering about how this might play out.

Of course, the martingale adds a lot of risk to the equation, so, hypothetically, what if it was removed?

Looking at the stats:
Without the actual fix in place, Net Pips gained at current, 307.

Only real pip loser out of the pack is GBPAUD.

With that being said, GBPAUD has tripped over 9 double triggers inside of the same candle. I have this issue fixed, (I think) making it quite possible that it would actually be above square on the pip counter as well.

Who knows...this might just be a better trader with a higher primary start and a multiplier of 1 than is starting at .01 and double downs...this way, worst case, it could lose a few bucks, but should never really see the death trade.
Attached Image (click to enlarge)
Click to Enlarge Name: stats2.png Size: 58 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #67
  • Apr 8, 2015 3:19am Apr 8, 2015 3:19am
Thanks Magic.
Yesterday took 5 trades, 2 wins and 3 losses.
http://prntscr.com/6r2f9j
The other trade was aud/usd and was a win within 30 min.
Entry short if TDI above 68 and only on number 3*
Enter long if Tdi below 32 and only on number 3*
I do not trade a pair if news are expected in a period of 2hrs.
I do look at where the pair is moving , if it has ressistance at the place where the indicators are telling me that it's a good opportunity to enter, and weight my decisions whether i should enter or not in a trade.

*The indicator Repaints so unless you have worked with it before, you should not jump into this before understanding it and once you decide to use this trading method you should know that you may need to be on the market until you get a win even if that means being 24hrs in front of the pc.
I've been online for 16 hrs yesterday because of the usd/jpy trade but that's the risk of trading.

The system can get the Mt4 laggy sometimes and i use a demo for all the indicators and a real to do the trading. Look at the demo and do all trades on the other platform.
Can't share a myfx link but will post my trades, winning and losses with a chart.
  • #68
  • Apr 8, 2015 3:56am Apr 8, 2015 3:56am
Quoting Matraguna
*The indicator Repaints so unless you have worked with it before, you should not jump into this before understanding it and once you decide to use this trading method you should know that you may need to be on the market until you get a win even if that means being 24hrs in front of the pc. I've been online for 16 hrs yesterday because of the usd/jpy trade but that's the risk of trading. The system can get the Mt4 laggy sometimes and i use a demo for all the indicators and a real to do the trading. Look at the demo and do all trades on the other...
I've worked with the 3 level semi, and yeah, it can be a little heavy on the resources causing lag. Nice to see that you have stuck to it and have an idea as to an effective system with it as an idea for triggering.

I've worked with the TDI as well.

Both of these, independently are mediocre, but having a look at your chart, they seemingly work well together.

I typically keep my live trades based off of an M5 chart, this allows me to be in and out in shorter amounts of time, idea being to limit my screen time. That doesn't work out as I am typically behind my charts for at least 12 hours per day anyways...

Great stuff dude.

Keep on, keeping on!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #69
  • Apr 8, 2015 4:26am Apr 8, 2015 4:26am
Hi Magix,

Would a donation to a local charity suffice or does it need to be to one of the global charities? While I'm in the habit of donating groceries, mostly and not money, I really like your idea of charitable/donate-ware EA and would like to participate in this effort, as well.


Thanks.
  • #70
  • Apr 8, 2015 4:37am Apr 8, 2015 4:37am
Quoting Reamasesa
Hi Magix, Would a donation to a local charity suffice or does it need to be to one of the global charities? While I'm in the habit of donating groceries, mostly and not money, I really like your idea of charitable/donate-ware EA and would like to participate in this effort, as well. Thanks.
By Global, I only refer to the fact that as we are in a Global Community in the forex markets, it wouldn't be fair if I asked you to donate to my local city/province/country.

Keeping the donations local and how you see fit, is more of the intent.

In my previous Charitable EA Shares, I have seen monthly gifts, clothing donations as well as the donation of time.

If you can get a receipt for proof of donation, where you see fit to donate, is all good with me.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #71
  • Apr 8, 2015 5:15am Apr 8, 2015 5:15am
Hi,Magix...


I hope that this donation qualify...Please,read this first: http://www.stevehopwoodforex.com/php...119087#p119087
Attached File(s)
File Type: doc Donation.doc   165 KB | 589 downloads
  • #72
  • Apr 8, 2015 5:41am Apr 8, 2015 5:41am
Quoting Magix
{quote} By Global, I only refer to the fact that as we are in a Global Community in the forex markets, it wouldn't be fair if I asked you to donate to my local city/province/country. Keeping the donations local and how you see fit, is more of the intent. In my previous Charitable EA Shares, I have seen monthly gifts, clothing donations as well as the donation of time. If you can get a receipt for proof of donation, where you see fit to donate, is all good with me.
Attached.
It's for a local charity that helps people with rare disabilities integrate into society and live like any other "regular" people.
Donation was around 15$.


Thank you for this.
Attached Image (click to enlarge)
Click to Enlarge Name: donation.PNG Size: 59 KB
  • #73
  • Apr 8, 2015 9:31am Apr 8, 2015 9:31am
Today's trading.
1 x entry aud/usd = 20 pip profit
2 x entry gbp/usd = 1x 0.2lot loss 20 pip // 1x 0.4lot win 20 pip

With 40 pip in hand i call it a day and back tomorrow for more.
  • #74
  • Apr 8, 2015 11:46am Apr 8, 2015 11:46am
Quoting Matraguna
Today's trading. 1 x entry aud/usd = 20 pip profit 2 x entry gbp/usd = 1x 0.2lot loss 20 pip // 1x 0.4lot win 20 pip With 40 pip in hand i call it a day and back tomorrow for more.
Nothing wrong with that!

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #75
  • Apr 8, 2015 11:57am Apr 8, 2015 11:57am
The Coin Toss...ain't looking as happy today.

This would be one of those loss days, if weren't for the martingale, we'd be scrubbing blood off the floor.

That being said, really nothing serious by way of draws on the account, just nothing overly exciting for the gains and a definite draw on the Win:Loss Ratio.
Attached Image (click to enlarge)
Click to Enlarge Name: cts.png Size: 59 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #76
  • Apr 8, 2015 12:20pm Apr 8, 2015 12:20pm
Quoting Magix
The Coin Toss...ain't looking as happy today. This would be one of those loss days, if weren't for the martingale, we'd be scrubbing blood off the floor. That being said, really nothing serious by way of draws on the account, just nothing overly exciting for the gains and a definite draw on the Win:Loss Ratio. {image}
you and me both brother. My coin was not liking me this morning as well :/ As long as we live to trade on and manage the losses it will work out.

Done flipping till the asian session rolls around. Always like to take at least a 6-12 hour break after a loss(or two) to gather my thoughts and calm my nerves. May the odds be in our favor tonight
  • #77
  • Apr 8, 2015 12:40pm Apr 8, 2015 12:40pm
Quoting Sis.yphus
{quote} you and me both brother. My coin was not liking me this morning as well :/ As long as we live to trade on and manage the losses it will work out. Done flipping till the asian session rolls around. Always like to take at least a 6-12 hour break after a loss(or two) to gather my thoughts and calm my nerves. May the odds be in our favor tonight
LTFAD!

Live To Fight Another Day...really the market motto!

I don't really have a dog in this fight, not testing this one live yet...so if it does hammer a little in to the south side, I am still actually all good. Just want to see the stats keep in check.

I really should apply the fixed version, as there were a couple of extra trades that shouldn't have been taken and this does kinda muck up the stats a little...just not a fan of switching horses in the middle of the race.

By this weekend, I should have a public(ish) version ready for release to the folk kind enough to donate...gaining a little more stats from others in their charts and with additional brokers would be of great value, hopefully those that test are kind enough to provide a link for data.

Been a fucking terrible day for me personally. Haven't accomplished nothing and I feel like a bag of shit!

Must be Wednesday!!!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #78
  • Apr 8, 2015 12:49pm Apr 8, 2015 12:49pm
Quoting bazze
Hi,Magix... I hope that this donation qualify...Please,read this first: http://www.stevehopwoodforex.com/php...119087#p119087 {file}
Not?
  • #79
  • Apr 8, 2015 12:50pm Apr 8, 2015 12:50pm
Quoting Magix
{quote} Been a fucking terrible day for me personally. Haven't accomplished nothing and I feel like a bag of shit! Must be Wednesday!!!

I hear you brother! me too haha except I have had to do too much today. Been taking mid terms for university all morning and will be taking them till 8:00 PM tonight... FML!

I also agree that it is tough to switch horses in the middle of the race as it is almost impossible to calculate the true stats of the system you are testing once you have done so. Even sizing in and out of positions will greatly affect win rate(this is what I am currently dealing with).

Attached Image


Yep.. its gotta be a Hump Day!
  • #80
  • Apr 8, 2015 1:21pm Apr 8, 2015 1:21pm
Quoting bazze
{quote} Not?
Sorry for the delay in reply bazze...it has been a day.

I looked at the form and cannot find the name of this being an actual registered charity, so, perhaps you can fill me in.

Additionally, it looks like it might be dated from April 2nd. Not trying to be all pissy here, but if this is in fact the case, we are a little early on the donation...

But, I tell ya what.

IF this is something that you have done this month and if it is an actual charity, I will let it pass. Just need to figure out if this is a charity or if this was to an individual.

Thanks
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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