Always profit exit strategy

My first topic but like to share my working exit strategy which is great even in EA

Entry use your own strategy, minimum of 51% succeWsrate required. i am sure you can find lots.

Exit rules:
Long trend is UP
Buy each time on entry signal.
If market goes down keep buying max volume of 0.01

When market goes up and total of all trades are greater then zero, then close all.

Long trend changes to DOWN and you have a buy order sitting.
Start selling 0.01
Wait for next entry and sell again
wait for next entry and sell again.
Close all when total profit of all trades is greater then 0 to go break even.


Great thing about the market is it will go a direction in the end. so you will end up with more trades in the right direction.

This also means that the holy grail does exists.

I have tested this in ea which worked.


UPDATE slightly changed it to grid system for losing trades, winning trades are still based on own strategy.
Test this with the end date of 2017.01.01

Update 2: I am not updating any more since people start posting total off topic indicators and results that are not even from my EA which is very confusing.

The exit strategy applies only for trades that have a loss of -3 dollar with a volume of 0.01

this allows you to average to the lowest point for buy positions.

Of course the Sell positions are the exact opposite from this strategy.

I think this is similar to zone recovery, and in the end it's just a sort of martingale strategy. My advice: forget the holy grail. Learn how to develop a trading system, learn some statistics so that you can identify when you have a system with an edge, and forget about any system that requires you to keep throwing more money into losing trades! They always fail in the long term. They do not change the system's profitability. They increase risk and reward by the same amount, which means that nothing changes.

I don't mean to be rude or to discourage you. But I've been in this game for a while, and there is no easy way to make money. The sooner you focus on finding a true edge, the sooner you will start to make money.

It is similair to zone recovery but different

I am not asking for advice or how to make this work.

I am sharing this because it already works and jts up to you if you are using it.

I have heard a lot of times that the holy grain doesnt exists. And yes if you believe that. Then you are right... If you believe that it does exists then you are right too.

The market will always pick direction and that is the spot you close all your losing trades along with the winning ones.

This seems like some kind of grid strategy, got any kind of EA to back it up?

I got an idea for this (using MA and trailing), will share as soon as i complete it

The recovery zone strategy has as problem that it will buy opposite directions till you are out of money. Because you end up with a buy on the top of the market and a sell on the bottom

This one averages out. You end up with a sell on the top of the market and a buy on the bottom. Larger profits then losers

Yes it looks similair. Almost a reversed grid

A grid works this way
Price goes up buy
Profit above 3 place another buy
Keep doing that to the end

This one places the buys at similair levels but in different order. It alows the price to go down first and then it goes up.
Of course it requires a little more draw down. But if you trade normaly with a volume at 0.05 then this is just a way to improve your entry each time it went down.


I have tried this with a random sell. And tp if profit was above 1 dollar

Once it went up more i placed another sell. Kept doing this and there it was. The market went down like expected on the long trend and i had a sell on the highest spot (perfect entry)

Of course you use this strategy only when needed. Normally you would go out if profit is greater then zero and your strategy tells you the market is going opposite.

The math does it work

55 procent good
45 procent wrong
100 trades will equal 55 dollar and the losing 45 dollar

You close at break even. Dont be greedy be happy you didnt lose

And yes you will end losing a few dollar on swap. But thats minor.

Most important is to have a good entry strategy so your will be profitable quicker.

Here are some screenshots in order how the trade works.

Here we see a buy and a sell based on the entry strategy:




The system thinks it goes down, so place another sell:


Then that's not right, it goes back up again so place another buy accoording the entry strategy:


Nothing happens for a while because the market doesnt know what to think of the system ;-) but then goes up:


So the system buys as it should

Then the market goes up more like we predicted:


And thats why we close. Our losing trade became now a winning trade.

If your trade was already a winning trade, you obviously don't need that many trades but will just try and get the highest profit.

That is the way if your trend is changing on you.

If the trend is not changing and goes opposite direction, you keep averaging in the right (for instance sell - sell - sell - sell even the market is going up) direction, I will make screenshots of that too.

here is how my EA trades but i am trying to make it close buy and sell trades in basket, rather than closing buy or sell trades in basket of fixed amount of money

Thanks Beerbelly for your input. How do you define trend?
Can you share your EA, where you have tested this idea?

Here is a report; Of course i am still improving this strategy.

I'm using the day Heiken ashi

is green heiken ashi yesterday and day before and today is red heiken ashi then trend is reversing to downtrend.

How do you trade sudden movements?

Can you share your EA code with me, and i will add this exit strategy. :-)

Thanks.

The holy grain does exist, the holy grail does not.

I have updated the strategy to more of a grid system which turns out to be even more profitable.

looks very similar to an EA I found online which tests very well. ran it on a demo account and it made 1k a day on average... ill see if I can find it

Here is the new EA results from the strategy just explained!