Experts: Reco system

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Reco system:

It is a recovery system implemented in EA. But you can copy it to any other EAs.

Author: Vasyl Nosal

 

Have anybody constructive remark about reco?

I will be thankful. 

 
Can we use morechoices for point options
 
falanca:
Can we use morechoices for point options

Hello.

What exectly do you mean? 

 
İthas 1,10,100 poit options for recovery isnt it.İ mean can it be more flexible like 5,8,11.Can we put there more option 
 

Hi VN.

Dont use endless gridding multiplying.

That is sure wipe out. 

 Instead :

 

1.pick trade direction from some signal , say ema cross or whatever u implement

2. when trade goes wrong instead of taking full SL possibly hedge your position

sell when holding buy etc.

 

3. wait till  your mentioned in point 1. signal gives opposite signal to 

the side that is in profit  [remember that in point 2 u are getting second opposite position]

and close profitable position

 

Hopefully your max DD will be lower.

Post backtest comparsion results!!!! [or i ll do it  :)] 

 

 

PS

use some frequent signaling method ,

say 1h new bar  changes color and goes up, wait  additional 5 pips  - that is your market signal to buy!

 
falanca:
İthas 1,10,100 poit options for recovery isnt it.İ mean can it be more flexible like 5,8,11.Can we put there more option 
:))) point_koef is a multiplier to 1 point(point pips)
 
jpo:

Hi VN.

Dont use endless gridding multiplying.

That is sure wipe out. 

 Instead :

 

1.pick trade direction from some signal , say ema cross or whatever u implement

2. when trade goes wrong instead of taking full SL possibly hedge your position

sell when holding buy etc.

 

3. wait till  your mentioned in point 1. signal gives opposite signal to 

the side that is in profit  [remember that in point 2 u are getting second opposite position]

and close profitable position

 

Hopefully your max DD will be lower.

Post backtest comparsion results!!!! [or i ll do it  :)] 

 

 

PS

use some frequent signaling method ,

say 1h new bar  changes color and goes up, wait  additional 5 pips  - that is your market signal to buy!

Thnak you. It almost do like this.

But I create code of this system not like  independent EA,but like system that can be used in some other EA.

 

if(Orders_Total==0)
     {
      //start order
      return(1);
     }

 

Here you can set conditions to open order. Now it always opens buy. To open sell write return(-1)

Here you can write your own conditions to open buy or sell. 

 

Hello VN,

 

concerns RECO 

 

This is a nice and good working ea, very quick in backtesting and optimising.

 

Could you please ad a "maximum lotsize" function ??

 

I would be very gratefull to you !

 

Thanks in advance.

 

Regards,

Henric 

 

ok.

Remember. If set multiplier 0.8(ex) for distance or lot they will decrease. 

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