10points 3.mq4 - page 358
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Dear Experts
The original 10points3 is based on very nice idea, but it need more money to cover the margin and the -profit for the 2nd, 3rd, 4th ... 7th position.
if i let the original settings as is (x2), and modify the lot size only, to cover till the 7th position, for example:
lot size: 0.2 mini account
and account balance: $4550
leavrage: 1:200
by my calculation this balance will cover 7 trades, 1st one is 0.2, by the way to reach the 7th position thats means the market move against you 15pips + 2pips spread = 17pips * 7 trades = 119pips.
so the chance to loss in this case is that the market goes 120pips with out return at least 10pips.
My Question is,,,, is there a chance to loss in this case ???? for EUR/USD
Thank you...
Dear Experts
The original 10points3 is based on very nice idea, but it need more money to cover the margin and the -profit for the 2nd, 3rd, 4th ... 7th position.
if i let the original settings as is (x2), and modify the lot size only, to cover till the 7th position, for example:
lot size: 0.2 mini account
and account balance: $4550
leavrage: 1:200
by my calculation this balance will cover 7 trades, 1st one is 0.2, by the way to reach the 7th position thats means the market move against you 15pips + 2pips spread = 17pips * 7 trades = 119pips.
so the chance to loss in this case is that the market goes 120pips with out return at least 10pips.
My Question is,,,, is there a chance to loss in this case ???? for EUR/USD
Thank you...Market can shoot 700pips without 10pips retracement. And it happened on November 2006 when I was running 10poin3. Take a look so you believe it.
In this fibonachi pipstep
1st pipstep = 5 +1 =6 (2nd order)
2nd pipstep =5 +2 =7 (3th order)
3rd pipstep = 5+3 =8 (4th order)
4th pipstep = 5+5= 10 (5th order)then (back to first number fibonachi. 6th order=6, 7th=7, a.s.o)
Total = 31pip (every 4 step order) when we put max order=7, then total=31+6+7= 44 pip
Ok. So you want a fibo pip step? I'm not sure whether this will work. In short time I wouldn't be able to access to my computer. This is what I downloaded from the previous page, modified with wordpad. Hope it works for you.
Regards
David
Ok. So you want a fibo pip step? I'm not sure whether this will work. In short time I wouldn't be able to access to my computer. This is what I downloaded from the previous page, modified with wordpad. Hope it works for you.
Regards
DavidThank's a lot David, let me play with this.
best regards
Dixon
Thank's a lot David, let me play with this.
best regards
DixonWhen backtested, MM=false, then got some error with message:
2008.03.24 09:32:24 2008.03.21 22:15 10p3MultiPipStepV002 EURUSD,M15: OrderClose error 4051
2008.03.24 09:32:24 2008.03.21 22:15 10p3MultiPipStepV002 EURUSD,M15: invalid ticket for OrderClose function
well - let find out the problem, anybody know? please assist me...
thank's
dixon
10p3v0.02
Interesting times for the mini account started last November with $78 and built up to $303. Regular readers will be aware of this account which has been updated regularly since the 26th November.
John