a lot of MM .. Someone with martingale programming may be able to give it a shot.
actually, this is more of a hedging strategy rather than martingale.
Interesting... another Holy Grail...
Not that I don't think there could be a "Holy Grail" Trading system, but I just haven't seen it yet. Plus, if someone were to write one would they give it away to a bunch like us? hmmm? I would, but that's just me.
Anyway, I'll Backtest and Forward test the EA's. I really hope they work great. It would be nice to see that for a change.
It's now several months ago and I ask you could you post the real results of profit/loss on this threat, please? Work it great?,... or is it more a deficit catcher like the vast majority of EA's?
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Hi,
I hope that this thread is appropriate to be put here since the EA that I would like to suggest is very promissing. If it is successfully created, therefore this could boost the elite section of forex-tsd.
Attached you will find indis for TF 4H, 1H, and 5M. The rule of the EA is the following:
1. If the indicator changes color (red=sell, blue=buy) then the EA will start making OP. Since the indicator is repainting, I suggest that the EA has two option ie. making OP when the trend changes or making OP after the second candle closed in a new trend.
2. If we have making OP and then new trend emerges but we are still not in profit, then the EA will make OP twice amount of lot of the original OP.
3. If a new trend again emerged and the overall OP was not in profit, the EA will continue to make OP with twice amount of lot of the OP made in #1.
4. If the trend ends but we are still not in profit, therefore to minimize the existing OP made, we close the last position of the OP if they are in profit. And then do not continue to make OP when the new trend emerged. When the overall profit gained at the end of a trend, the EA will make closeall position and the new cycle of OP starts again.
If someone able to make this EA it will be great. Please see the excel file attached for the example. Thanks in advance.