- Search Forex Factory
- dottore replied Jan 1, 2007
Thanks for your input. Yes I am aware of the loss potential but i think that this will be offset. The simplest version (ver 1.0), without "bells and whistles" is only to assess if there is really a potential - are the losses outbalanced by gains. ...
- dottore replied Jan 1, 2007
1. I believe that we shall start with 2-3-5 TP at SL = 25-30 pips. Catching such a small move should be relatively easy and safe, but it's only the beginning I think. I also dont think that there will be no losses, no loss, no fun 2. The simplest ...
- dottore replied Jan 1, 2007
OrangeRoshan SRDC 1 is I believe a very good point of start as many, even novice traders are reporting constant success in taking a 5 pip on breakout of a day. 1. Spread is a problem, so maybe an ECN (for example - neuimex, but i dont know if they ...
- dottore replied Jan 1, 2007
Hi, happy New Year to you! I chased my cats (six) during midnight in order to support em... If I understand you properly: this is some kind of a "staircase' - but the problem is rather obviuos to me without random or pseudorandom simulation ...
- dottore replied Jan 1, 2007
I consider important also equity curve for different VAR = value at risk, sometimes peak is at 0,2, sometimes at 0,3 of an account. This shows potential profitability of a system in $ as raw pips may be misleading. Rob, I like your books. Thanks
- dottore replied Jan 1, 2007
Oh, we have an expert here... If so, please give us as many arguments as possible: 1. MT4 backtesting is useless trash, because: - - - 2. Backtesting could be reilable, if: - - - Thanks in advance, I'm counting on you!
- dottore replied Jan 1, 2007
Dear Mr Mikal will you manage my account please? Its easy to set rigid value of a bet size, if you wish I'll calculate it with your maximum ratio. Here are some ideas to catch securely 2-3-4-5 pips a trade; 1. previous day breakout (hi/lo of a ...
- dottore replied Jan 1, 2007
Thats a brilliant strategy: trend within a trend within a trend. You simply cannot loose. Example - daily trend bullish signalized bo x indicator on D1, 1 h bullis aignalized by x on H1 (or h4) , and 5 min (15 min) bullish indicated by x on that ...
- dottore replied Jan 1, 2007
Hi Aquib 1. You can draw a trendline and buy third and every next bounce. Sl on last extremum plus spread, TP=10-15 pips or more depending on situation. 2. you can use simple moving average as a support/resistance instead of trendline - find ...
- dottore replied Jan 1, 2007
This is our latest EA, we played earlier version but it wasn't as good as this (very good - but half the performance). This is a result with VAR (value at risk) = 10%, but the main goal was to create a system with minimal drawdown in order to safely ...
- dottore replied Dec 31, 2006
Number of transaction is good but one month thats not much. I would ask for three to six months statements. WIth such number of transactions yur bro.ker will be happy.
- dottore replied Dec 31, 2006
I simulated this strategy in excel: SL=30 TP=2 pips (two pips) Suppose that target is hit in every trade (no loss). Starting capital: $100 VAR (value at risk) - 20% How many trades are from 100 to first milion? without losses - 699. Taking two - ...
- dottore replied Dec 31, 2006
you can also put two stop orders - but stop and sell stop (straddle strategy) and avoid loss on one position
- dottore replied Dec 31, 2006
Orange, thanks for your time and help, many of us really appreciate it. Thank you Sir. Regarding printing - maybe it is not necessary, you can convert it to pdf and sell over the net. I'll gladly show you how to do it or even I'll do it myself with ...
- dottore replied Dec 31, 2006
Linux, hi I still see no point in having multiple accounts withe the same % risked... Do you have different risk factors on different accounts? Hmmm..... That makes sense... for eample 5 accounts for GBP, 5 for yen, 5 for EUR/JPY - with thie ...
- dottore replied Dec 30, 2006
Are you leaving profits on table? How to find an optimal betting strategy to maximize your equity. Almost every trader heard about the 2% rule: “Don’t risk more than 2% of your account in a single trade”. I believe this principle (coming from the ...
- dottore replied Dec 30, 2006
Hi Orange, what an excellent post However we have as almost always a shortcut... Good Expert Advisor. Happy New Year to you all!
- dottore replied Dec 30, 2006
)) MM IS exciting subject - because here money are made... ) see attachment... Currently I'm working on two systems from the attachment. Both have over 100 trades, SL ~~90 pips, period 9 months. Both have relatively low drawdown. Starting ...
- dottore replied Dec 30, 2006
In my opinion it depends.... consider situation that first guy looks in his crystal ball and drawes trendlines in next 4 hours, the second bores a hole in the wall of a trading room of a big bank and puts a ccd camera there. in conclusion - it ...
- dottore replied Dec 30, 2006
))))) Put here your serie of trades (number of pips and SL) and I'll show you equity curve and explain how to maximize it. In first approximation I use rigid SL. You can also obtain equity curve C(VAR) in metatrader putting risk parameter from ...