Avalanche - page 382
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Are you neglecting swaps in your calculations? The waiting state can be protracted...
Just came by to say hello to you... Hi :)
Do you neglect swaps in your calculations? The waiting state can be prolonged...
A minimalistic example: EURUSD, leverage 1:500, two orders with volumes 0.01 and 0.02, corridor width 30 pips, expected profit 30 pips. The daily swap for the first order is 33 kopecks and for the second order 21 x 2 = 42 kopecks. The total 33 + 42 = 75 kopecks. The point value at 0.01 volume is 3.03 rubles. If the range is 30 points wide, the profit will be 30 x 3.03 = 90.9 rubles. Taking into consideration the triple swap at one day of the week, the total weekly waiting time will be 75 x 5 + 75 x 2 = 5.25 rubles. Let's divide expected profit by accumulated swap: 90.9 / 5.25 = 17.3 weeks. That is, you can expect 17 weeks!!! And still get profit! Now think about how realistic it is to stay in the 30 + 30 + 30 = 90 pips corridor for 120 consecutive calendar days?
Swaps are absolutely irrelevant.
Yuri, it may be that your version already uses trend and other TA methods, but in the author's version there was no mention of trend at all. It was supposed to have a random entry:
The topekstartor allows non-random entry, i.e. using TA, so if one enters by trend, it does not contradict the strategy he formulated somewhere in the middle of the thread.
Besides, even with the strategy described in the first post, we work in the direction of the trend to break through a certain level, and the Expert Advisor based on this principle will successfully work with the trend.
The topic writer allows non-random entry, i.e. using TA, so if one enters following the trend, it does not contradict the strategy he formulated somewhere in the middle of the thread.
Yes, we've seen how the author shamelessly attributed all refinements made by you and Rumata afterwards to himself.
In addition, even with the strategy described in the first post, the work is done in the direction of the trend for breakdown of a certain level and the Expert Advisor based on this principle will work successfully when the trend is moving.
Sorry, but no levels and no breakdowns were mentioned in the first post in which the TA was formulated. Here is this post:
Two orders - BuyStop and SellStop of equal volume are placed at the same distance from the current price. When one of them triggers, the other one is removed and the same order is placed in its place but the volume is equal to double (can be tripled, quadrupled, etc.) the initial rate.
When the price reverses and the second order triggers, the third order is added to the price of the first one. Its volume in sum with the volume of the first order must be twice as big as the second (negative) order. At a consecutive U-turn, a fourth order is added to the second one. Its volume should also be two times larger than the sum of negative first and third orders. And so on. For example, the initial volume is 0.01:
First reversal - 0.01 / 0.02
Second reverse - (0.01+0.03) / 0.02
Third turn - (0.01+0.03) / (0.02+0.06)
Fourth U-turn - (0.01+0.03+0.12) / (0.02+0.06)
Fifth reversal - (0.01+0.03+0.12) / (0.02+0.06+0.24)
If the price initially goes in one direction - simply fix profit when you want. If the price goes in both (three, four, etc.) orders - you need to wait until it will pass the same distance as between the initial orders - from this moment the total balance is in the plus. If you triple (quadruple, etc.) the price will have to travel a much shorter distance to start taking profit. This can be used to exit the "Avalanche" more quickly.
Since price cannot stay within your narrow corridor all the time, it will break through it and move off in some direction and you will ALWAYS make a profit. Without analyzing anything, without using any indicator, on a naked chart!
You just need not to make a mistake with the calculation of the initial rate - you have to have enough deposit for bailout and for the price swing between levels - you need to count on several possible reversals and correctly estimate the distance between the levels - too close will avalanche-like increase rates simple flat, and too far will have to wait a long time.
If there was any mention of levels, it was only those where BuyStop and SellStop orders and their corresponding channel are ALREADY set. But they have nothing to do with the entry method.
John Catala is reminiscent of a soldier making soup out of an axe.
John Catala resembles a soldier making soup out of an axe.
Avalanche. Only the entry is not random, but with the simplest analysis so as not to go against the trend. And, as far as I understand, a cut-off exit at the third reversal with a loss of a small amount - hence the periodic "dives" on the report charts. The ratio is also larger than the double one which results in very fast coming to the breakeven, almost always after the first reversal, especially in the modification of the EA intended for minimal profit of some points.
His money management is rational - periodical withdrawal of capital after a certain amount has been accumulated.
I have one more useful addition, not mentioned in the thread, which allows to avoid most of the risks associated with loss of connection. You must set the profit size in pips and set all orders with Take Profit and Stop Loss so that the price, having passed the breakeven level plus the distance you set, closes all orders on the profitable side by Take Profit, while all orders on the opposite, losing side must have Stop Loss on these Take Profit positions. Then even if the connection is lost, all orders will be closed with either profit or a small loss, and the entire deposit will not be lost.
This method also allows maintaining an unlimited number of reversals in the corridor - dozens, hundreds, thousands - it does not matter at all. It is enough to limit the number of reversals, for example, to two and not to add more orders after the second one. If a flatulence takes too long and the price does not reach the profit level on either side of the corridor for a long time, touching its boundaries repeatedly - you don't care. There can be as many chains as you like - no new orders will be opened, and after the exit you will either get the planned profit, or a small loss, if the price moves in the direction of less total volume.
Yes, we saw the author shamelessly attributing all the refinements subsequently made by you and Rumata.
Sorry, but no levels and no breakdowns were mentioned in the first post in which the TS was formulated. Here is this post:
If there was a mention of levels, it was only of those where BuyStop and SellStop orders and the corresponding channel were ALREADY set. But they have nothing to do with the entry method.
John Catala is reminiscent of a soldier making soup out of an axe.