Is anyone willing to help?
The d'Alembert System
Another popular roulette system is the d'Alembert system. This system assumes that after a win, a player is less likely to win again. So after a win, you subtract a chip from your bet. The d'Alembert system also assumes that you'll be less likely to lose after a losing spin, so in that case, you add a chip to your bet. The flaw in this thinking is that the roulette wheel has no memory, and each spin is an independent trial with exactly the same odds of a win or loss as the previous spin.
is this the system we are talking about?
The d'Alembert System
Another popular roulette system is the d'Alembert system. This system assumes that after a win, a player is less likely to win again. So after a win, you subtract a chip from your bet. The d'Alembert system also assumes that you'll be less likely to lose after a losing spin, so in that case, you add a chip to your bet. The flaw in this thinking is that the roulette wheel has no memory, and each spin is an independent trial with exactly the same odds of a win or loss as the previous spin.
No, it's not. The Binary Equation is only remotely related to d'Alembert by the principle of increasing trade size to recoup losses. d'Alembert, when used in a casino, will eventually lose because your bet size will run into the "table limits" eventually and keep you from being able to increase your bet size.
In trading, there is no such thing as a "table limit", so, if you had
enough cash, you would always eventually win with a d'Alembert strategy in Trading.
Nevertheless, the Binary Equation is NOT the d'Alembert strategy and does NOT double
the trade size after each loss.
There is also a second important distinction with trading as opposed to games of chance. Although it is true that dice have no memory, a tossed coin does not know if heads or tail came up last, etc. Trading is NOT 100% random in its outcomes. Markets do NOT move completely randomly. They tend to trend.
So, if we have a method for determining the current trend direction and take our trades in that direction, we do NOT get random results. Binary does use a method of determining current trend direction and it does take its trades in that direction. The method is not complicated, and it certainly is not anything close to 100% accurate - - but it is consistently 50-55% accurate, so l o n g stretches of losing trades are avoided.
Binary combines the mathematical calculations of increasing odds for a certain outcome from random events, with a strategy which keeps our results from being totally random! And that is why it works so well.
Mike, send me complete strategy, I'll write you an EA. irusoh@yahoo.com.
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If some one will help me, I will provide the full course being sold on the internet which describes the the Binary Equation Strategy.
You can check my site - www.profitsareup.com
This is my site, so I am not providing any "bootleg" material.
The assistance of one of you programming experts would be greatly appreciated.
The strategy/Expert Advisor needs to work on these simple rules:
(1) Determines the High and Low of the period starting at 3:00 GMT and ending at 7:00 GMT (the "Tracking Period").
(2) Beginning at 7:00 GMT and ending at 13:00 GMT it looks for a breakout from the High or Low of the
Tracking Period. This is the "Trade ssssion". Breakout is defined as price goes 5 pips above the High, or 5 pips below the Low.
(3) Takes a BUY on a breakout from the High and takes a SELL on a breakout from the Low.
(4) Uses a Stop Loss and Take Profit on each trade (15 pips for each).
(5) Takes only ONE trade during the trade session. (but, if it gets a "requote" needs to still try to enter the trade)
That's all there is to it.
Then, the whole thing repeats for a second session, in which:
Tracking Period starts at 10:00 GMT and ends at 14:00 GMT
and the Trade Session is from 14:00 GMT through 20:00 GMT.
My material sells for $79 but is worth far more, so if you are willing to help with this you will be well compensated.
Thanks,
Mike
mvallone2@comast.net