Damned Martin - page 5
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Vladimir, not at all. Not really.
It will go into minus until the averaging orders (on a pullback) take the series to the plus (profit total).
The problem so far seems to be that "after TakeProfit triggers, we open in the direction of the closed profitable position. Thus, the drawdown is increasing:
Step 1: we open BUY and SELL positions simultaneously. Let's assume the price goes down. As a result, TakeProfit for the SELL position is triggered, which means we open a new SELL position. At the end of step 1 we have: a BUY position with a loss and a new SELL position.
There are two further possible outcomes in step 2: the price continues to go down, or the price turns around and goes up. The result is the same - we have a larger drawdown than at the end of step 1.
Explanations are good to give like this
You draw well. Is this some kind of program?
Explanation is good to put it like this
But there is no such thing. The condition for opening is as follows: if there was a TakeProfit, then we open in the same direction. Therefore, a losing position may be closed using TakeProfit. I do not see any "averaging" in this condition.
Let's put it this way:
An order that is negative (opposite to a profitable one, opened simultaneously with it), it is the first in order in the hierarchy of averaging orders (the one with 0.01 lot) is closed in two cases:
1) by TP (we were in a negative position for a while, and we got profit).
2) Averaging by Martin type. (if we did not reach TP + conditions for averaging have developed. In short, I went into a big negative with subsequent pullbacks).
***
2) Averaging by martin type. (if you have not reached the TP + conditions for averaging have developed. In short, it went into a big negative with subsequent rollbacks).
A set of bukoffs. It's not clear yet.
I don't know how else to explain it simply. It's standard - floating minus in martin type averaging (or simply - martingale, aka Ilan) is derived, respectively, by adding positions in the same direction, but with a bigger lot. This is what the second point above is about.
This is also what the image in the topic, look at the graphical objects, which indicate the orders. How they work.
That's the problem - you speak in the language of your thoughts. I am asking specific questions - and as it turns out, if they are not answered precisely, the whole idea goes down the drain. For the third time, what is the condition when we MUST open a position on the side of an existing losing position?
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Damned Martin
Vladimir Karputov, 2017.01.18 11:30
1) 5 и 20. I wrote about it in the first post.
2) Watch the crossover on the last bar that closed. Yes, on the previous bar.
Sorry. Forgot to reply to this post.
1) 5 и 20. I wrote about this in the first post.
2) Watch the crossover on the last bar that closed. Yes, on the previous bar.
Intersection:
Right?