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tictac-nur@Zone Recovery Management EA

  • #41
  • Jan 31, 2017 9:49am Jan 31, 2017 9:49am
profit from 20 years ago
  • #42
  • Mar 2, 2017 5:37pm Mar 2, 2017 5:37pm
This is my hedge perspective
https://www.screencast.com/t/jcNlVHgIsFP
  • #43
  • Mar 4, 2017 7:14am Mar 4, 2017 7:14am
Quoting Barao
This is my hedge perspective https://www.screencast.com/t/jcNlVHgIsFP
Someone could develop an EA with this form of operation in Hedge as in the video. With the fields of take, recovery, stop percentage variables according to the body of the previous candle, and the candle before having a minimum volume of pips to allow open position.
I believe this way the EA would be flexible to the market movements, because as in the video explains, would open the maximum of 5 positions, always using a trailingstop when it reaches 80% of the take profit target, bringing the stop gain to 30% positive. The last position is open with very reduced targets and stops with an equivalent lot to clear the position with the minimum of loss.
  • #44
  • Mar 7, 2017 12:07am Mar 7, 2017 12:07am
i will test your EA, thank you
  • #45
  • Mar 19, 2017 8:08am Mar 19, 2017 8:08am
Hi Tictac
This is a great EA, exactly what I was looking for.
This candle range works quite well.
I just wonder how it is calculated. Does it matter what time frame you use? I mean M5, H1, etc.
However, I came on one thing. You know the saying, "The trend is you friend".
Could it be to be an idea to add the type, only to buy and sell only?
If I think that the trend is upwards, so it should only make the buy positions.
Otherwise, I think it works very well.

/Escalon
  • #46
  • Mar 29, 2017 3:59pm Mar 29, 2017 3:59pm
thank you!!!
  • #47
  • Edited 1:30pm Apr 2, 2017 10:21am | Edited 1:30pm
Mr tictac_nur,
thank you for advice and your expert.
if you can add more variables for change amount of lot by entry manual for first position and second and three and four and more,
we need not related all positions with entry one percentage hedge but we need change the percent hedge after position tow for example:
we use "hedge multiplier" 1.5 (first position) "this is available now your expert now"
Buy1: lot 1 at price 1.5050
Sell1: lot 1.5 at price 1.5035
--
the second hedge it's same hedge for first position "and this is good idea for risk Reduce" for add more chance for broken move of price the recovery zone.
Buy2: lot 1 at price 1.5050
Sell2: lot 1.5 at price 1.5035
==
note: we need now change this "hedge multiplier" after this stage "opened 4 position now" to be variable from 1.5 to be any value for example 1.7 for continue our example:
Buy 3: lot 2.55 (1.7 *1.7) at price 1.5050
Sell 3: lot 4.33 (2.55 *1.7) at price 1.5035
==
and we able to corporate for add this idea in you script and I have some experience in mql4 code my mail address: { email address deleted by staff }
I waiting your advice, thanks for your time
  • #48
  • Apr 20, 2017 10:51am Apr 20, 2017 10:51am
Hi all,
Such an interesting topic to discuss and develop but still ended so soon. Seems tictac-nur isn't on FF anymore. I would love to make some implementation to the original code and play around with it, even if I'm not (anymore) a big fan of EAs.
Did anyone had the chance to get the code of the EA?

Did anyone test it on multiple pairs or on volatile pairs? gold anyone? I have a lot of ideas about this, as I've seen the video in my first steps in the forex world and I even used it manually sometimes.

I know that every frustrated trader (like I was once) say "martingale this, martingale that it will blow your account, house and pets", but if it's used wisely it can help.
Lazy cows (like I was in the past) search for these types of approaches and systems in order to avoid the hard work and get rich quick. Then, (if they get the chance), they realize that forex is everything else but a system.

Enough chatting, I start to feel like in a monologue, if anyone is interested and mostly if can help me grab the code of this EA please give a sign.
Ionut
  • #49
  • Apr 21, 2017 1:23am Apr 21, 2017 1:23am
Quoting PainKillerRO
Hi all, Such an interesting topic to discuss and develop but still ended so soon. Seems tictac-nur isn't on FF anymore. I would love to make some implementation to the original code and play around with it, even if I'm not (anymore) a big fan of EAs. Did anyone had the chance to get the code of the EA? Did anyone test it on multiple pairs or on volatile pairs? gold anyone? I have a lot of ideas about this, as I've seen the video in my first steps in the forex world and I even used it manually sometimes....
Any martingale basis system can work in some circumstances and totally fail in others.
You need to find yourself proper entry rules and proper settings in order for the "Recovery Zone" here to be successful.

If you push the risk too high, martingale will wipe your account in a beautiful sunny day, after glorious successful and profitable weeks, months or maybe years.
If you set the risk loose, the martingale will not be profitable, you will keep losing and winning around the same amounts all over again and again...

The "particular settings" is the key to this baby...

...oh, and welcome to the System!
Member
  • #50
  • Apr 21, 2017 1:55am Apr 21, 2017 1:55am
Advisable only use max to 5 cycles otherwise drawdown will be too great. Cycle volume can be 1/3/6/12/24/50 (also on 1st entry better to set sl breakeven +15 to have better winning ratio and not go into hedge
Attached Image (click to enlarge)
Click to Enlarge Name: ea recovery.PNG Size: 40 KB
Self discipline It is a practice
  • #51
  • Apr 21, 2017 2:31am Apr 21, 2017 2:31am
Quoting okshop
Advisable only use max to 5 cycles otherwise drawdown will be too great. Cycle volume can be 1/3/6/12/24/50 (also on 1st entry better to set sl breakeven +15 to have better winning ratio and not go into hedge {image}
done save my day no need to hedge.....
Attached Image (click to enlarge)
Click to Enlarge Name: tp.PNG Size: 19 KB
Self discipline It is a practice
  • #52
  • Apr 21, 2017 6:26am Apr 21, 2017 6:26am
Thank !! This is a good EA .
I love this EA.
  • #53
  • Jun 2, 2017 8:17am Jun 2, 2017 8:17am
how can i use magic number for this EA, cause if i want to trade manually with EA

this is extremely good EA i hv ever seen.....

please update/add magic number and EA comment...cause sometimes broker detect EA by comment and they block acc. so comment should not be same all time, after few days diff comment

thanks again for this great EA
  • #54
  • Jun 30, 2017 5:40am Jun 30, 2017 5:40am
Quoting okshop
Advisable only use max to 5 cycles otherwise drawdown will be too great. Cycle volume can be 1/3/6/12/24/50 (also on 1st entry better to set sl breakeven +15 to have better winning ratio and not go into hedge {image}
thank you for the tips..
Will try to add in this features in Version 3.0
  • #55
  • Jun 30, 2017 5:48am Jun 30, 2017 5:48am
Great idea of trading. I Will try on my forward trade
Risk comes from not knowing what you're doing.
  • #56
  • Jul 1, 2017 6:33am Jul 1, 2017 6:33am
Quoting tictac-nur
{quote} thank you for the tips.. Will try to add in this features in Version 3.0
hello thanks for a great ea just one quistion how do you stop it making a trade when it closes all the other trades i have the auto entry turned off but with it turned off i had a trade in about the 5th cycle end in profit and it took another trade straight away and it is not a trade that looks very good i would not of took it manulaly
thanks look forward to hearing back from you
  • #57
  • Jul 1, 2017 7:57pm Jul 1, 2017 7:57pm
Quoting ogrimcc
{quote} hello thanks for a great ea just one quistion how do you stop it making a trade when it closes all the other trades i have the auto entry turned off but with it turned off i had a trade in about the 5th cycle end in profit and it took another trade straight away and it is not a trade that looks very good i would not of took it manulaly thanks look forward to hearing back from you
there is bug in previous version 2.0 even if we set it not for autoentry it will automatic enter into entry if the candle range is bigger over the range filter. temporary work arround if dont want it to auto entry is to set the range filter with 10000pip.

I will try to fixed it in Version 3.0
  • #58
  • Jul 2, 2017 3:03am Jul 2, 2017 3:03am
thanks for that will give it a try i am sure it will be ok thanks
  • #59
  • Jul 2, 2017 8:02pm Jul 2, 2017 8:02pm
Ok here is the new update version with extra features as per request

Zone Recovery Management EA Version 3.0
tictac-nur at ForexFactory.com

Change Log.
- (Enable) Trade comment
- (Enable) Magic Number
- (New) Break Even stop lost for 1st profit entry
- (New) Trailing Stop loss for 1st entry (Trailing only enable after the break-even stop loss is trigger)
- (New) Maximum Hedge Cycle Limit
- (Fixed) Manual Entry with EA to recover loss
Attached Image (click to enlarge)
Click to Enlarge Name: tictac-nur-ver3.jpg Size: 237 KB

Attached Image (click to enlarge)
Click to Enlarge Name: tictac-nur-ver3b.jpg Size: 121 KB
Attached File(s)
File Type: ex4 tictac_nur_V3.ex4   35 KB | 909 downloads
  • #60
  • Jul 4, 2017 9:47pm Jul 4, 2017 9:47pm
Thanks for version 3 bro :-) . I'm now using this ea on my real account and it's profitable.
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