Michel
476
Michel  
scalpmaster:
Please email scalpmaster2006[at]yahoo.com.sg if you need to clarify further.

Would you be a little more explicit about the partial taking profit ?

From where is to be counted the N/4 retracements?

Which position are you closing ?

Are you choosing the winning or losing side regarding the averaged entry price of the positions remaining on that side ?

Also, I do not understand the potential gain at each stage (green in your doc) if there some positions are already closed by a partial profit.

Thanks for the clarifications !

weetikveel
51
weetikveel  
wolfe:
Interesting, but still confused.

When you reach your first "N" level on the winning side are you opening a new order with the original lot size, or are you doubling it?

Then when you reach your second "N" level on the winning side, you add another order to both sides? What would these two lot sizes be?

I'll try to explain a bit simpler.

The progression comes from the casino-world, and is created to overcome long losingstreaks. For declaration I set the stoploss and profit at $50,=

Pre-progression: You've got a pre-progression set of 4 steps.

If you win a step, you parlay the bet. For example:

Step 1: 0.1 lots: lost this one (-$50)

Step 2: 0.1 lots: you won this one ($0)

Since you won this bet you palay the bet so the next bet will be 0.2 lots.

If you win this one (+$100) you can start over at step 1 again.

In this example you'll lose this one. (-$100)

Step 3: 0.1 lots: lost this one (-$150)

Step 4: 0.2 lots: won this one (-$50)

You parlay since you won the step. So your next bet is going to be: 0.4 lots

If you win it (+$150), but in the example you'll lose this one again. (-$250)

This was you pre-progression, since you made all steps without winning twice you continue with the progression. The difference between the pre-progression and the normal progression is:

On a win you parlay (double) in the pre-progression.

In the normal progression you just repeat the bet.

Step 1: 0.5 lots: you win this one: (-$50)

You repeat the bet, if you win it you end the session and start over from step 1 of the pre-progression.($+200)

In this example you lose it, you can just repeat step 1. (-$50)

If you lose this bet you continue to step 2.

It looks very difficult, but it's simple.

I don't know how to explain it in a better way, but if you have any questions about it, i'll be happy to answer.

regarding

[Deleted]  

Indicator needs smoothing

Ok I created the "ease of movement" indicator which shows the relationship between volume and price moves but the indicator is very erratic and needs smoothing. I tried the iMAOnArray using the buffer for the line in my code but I must be doing something wrong because the result is a straight line at zero in the indicator window. Anyone know how to code this correctly?

I'll attach the indicator

note thou that this is the indicator without smoothing.

Files:
Joaquim Fonseca
139
Joaquim Fonseca  
Blazer1965
310
Blazer1965  

Can I have some advice please ?

Hello,

I am looking for a parallel consistent system for low pips daily ,in order to compare it with my rainbow results.

Can you please point me a system with good reviews for 10 pips daily with high probability.

I had in mind the high and lows of the Asian session, but I have read in nicotina's thread in ff that some people suffered big damages on May.

I am making my practice in EUR/JPY only with Mbtrading with oanda and ninja trader charts and have some experience with MT4 platform through interbank, practiced a bit the Imran system for eur/jpy scalping.

Cheers and Merry Christmas to all.

Thank you

Basil

amaruenterprise
33
amaruenterprise  

Looking for a trade management ea that is invisible to brokers...

I am looking for an ea to manage my manual trades that cannot be seen by my broker. The only thing I want them to see is entry price. Are there such an ea? Thanks for any help.....

richest
129
richest  

script to make orders with a few pips tp

Hi, I was wondering if there's a script that could make customized order with the following settings:

1. customized lot size

2. customized tp

3. customized SL/trailing stop

I think this script is potential when we want to scalp. Can any of you guys help?

sjerar
146
sjerar  
richest:
Hi, I was wondering if there's a script that could make customized order with the following settings:

1. customized lot size

2. customized tp

3. customized SL/trailing stop

I think this script is potential when we want to scalp. Can any of you guys help?

Do you mean an expert advisor?

richest
129
richest  
sjerar:
Do you mean an expert advisor?

no, a script, once you execute it the script will do the order. It's a lot more efficient instead of manually making order. But the script has to be pre-customized first so that once it's executed no more additional setting need to be done since it is done by via editing the source code only.

cockeyedcowboy
524
cockeyedcowboy  
richest:
no, a script, once you execute it the script will do the order. It's a lot more efficient instead of manually making order. But the script has to be pre-customized first so that once it's executed no more additional setting need to be done since it is done by via editing the source code only.

First; The script should be running before the orders need to be placed to save on start up time. Second; The trade setting should be entered by way of external inputs so as to make the code resuable without the need of hard coding. Third; To make it quick the script should be trigged by a simple event like hitting one key on your keyboard. Fourth; The script should be able to set different type of orders depending on which key is hit.

Theres other things that should be considered to make it a versatile script.

The Cockeyed Cowboy