Who would like to work with me on this ea? 21% month
What is your exposure ? (risk at any one time) your Draw Down of 37% does not look good to me, what was the spread for this run ?
Raptor, really... the problem is the exposure. I am only using 0.01, but the problem is the recovery mode.
It's the reason that I am looking for guys like you to work together.... not for selling eas(crappy).. but to work on something
that could bring real money for us.
The next step for this ea, is allocating a probabilistic trading control.
For example:
First of all, let's imaginate that this system trades every bar (on Renko), so, the first rule is that you must control every bar
by the function Bar(), not Hour/Minute, etc. So, I know that for every bar I have, I get a trade, but I need a mechanism that controls the "opportunity"
of trade.
For example: If last trade was a bad trade (closed in loss), so, the system won't trade in the next Bar, but it will wait
the next opportunity/bar (jumping an opportunity).
I have a probabilistc history where show me that I can get 3 consecutives bad trades... and what I want to do, is
avoid these consecutive bad trades.
Let's simulate it before and after:
(Before)
Bar / trades-profit
1 = 10.00
2 = 10.00
3 = 10.00
4 = -30.00
5 = -30.00
6 = 10.00
7 = -30.00
8 = -30.00
9 = -30.00
10 = 10.00
and how it's supposed to work after the implementation
Bar / trades-profit
1 = 10.00
2 = 10.00
3 = 10.00
4 = -30.00
5 = DO NOT TRADE
6 = 10.00
7 = -30.00
8 = DO NOT TRADE
9 = -30.00
10 = DO NOT TRADE
Improving this, we can jump for another function: filters;
What the ea already have?
1 - Entry point;
2 - avoid stagnation;
3 - Simple MM;
Now, I am need guys to colaborate it with me. Those cooperate will receive the source
code and work together... but it isn't for sale and not even can be sold.
Not according to your image
That shows variable sizes.
Your image looks like some variation of martingale.
Not according to your image
That shows variable sizes.
Your image looks like some variation of martingale.
Yes WH.. because there are 2 things that is changing the lot size:
1) Recover mode;
2) compounding;
But it start trades with 0.01
The "logic" behind the Lots() is it:
1 = 0.01 = 10.002 = 0.01 = 10.00
3 = 0.01 = 10.00
4 = 0.01 = -30.00
5 = 0.04 = -120.00
6 = 0.16 = 160.00
7 = 0.01 = -30.00
8 = 0.04 = -120.00
9 = 0.16 = -480.00
10 = 0.64 = 640.00
But I am searching a way to avoid consecutive losses.
Nobody wants to work with me?
Raptor, really... the problem is the exposure. I am only using 0.01, but the problem is the recovery mode.
I asked 2 simple questions, you answered nether.
Sorry Raptor. I am brazilian an still learning english.
About the exposure.. what do you mean?
Risk?
Amount?
About the spread, I am using real spread (based on Dukascopy data. Using a commercial software, we can use
a fixed spread or real spread, so, I've decided to use real spread.
The "logic" behind the Lots() is it:
1 = 0.01 = 10.002 = 0.01 = 10.00
3 = 0.01 = 10.00
4 = 0.01 = -30.00
5 = 0.04 = -120.00
6 = 0.16 = 160.00
7 = 0.01 = -30.00
8 = 0.04 = -120.00
9 = 0.16 = -480.00
10 = 0.64 = 640.00
But I am searching a way to avoid consecutive losses.
Nobody wants to work with me?
Hello,
I don't see any logic in your "lots", can you explain ?
You can't avoid consecutive losses, what you can do is to increase the probability to get x losses in a row. If your system is consistent enough you can get such data from your backtesting.
Hello,
I don't see any logic in your "lots", can you explain ?
You can't avoid consecutive losses, what you can do is to increase the probability to get x losses in a row. If your system is consistent enough you can get such data from your backtesting.
angevoyageur (hard name to write :D)
The "logic"is the following:
I know that for each bad trade, I need 3 consecutive winners to recover the loss, but, instead, I increase the size lot.
For example:
0.01 = -30.00 (-30pips)
0.04 = 40.00 (10 pips)
So.. the "avoid" that I am talking about, is do not trade if last trade was a bad trade, but, trade in the next opportunity.
So, if I used to get 3 consecutive trades.. in this way I can get 2 (that "decrease" 33% of the risk)
Sorry Raptor. I am brazilian an still learning english.
About the exposure.. what do you mean?
Risk?
Amount?
About the spread, I am using real spread (based on Dukascopy data. Using a commercial software, we can use
a fixed spread or real spread, so, I've decided to use real spread.
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Hi guys
I would like to know, if there are professional guys on coding and forex expertise that want to work with me
on this ea.
To work with me, will need to do somethings, proving that really knows to code in MQL4.