Here's an even better one to close out on profit. Made by yours truly.
I'll do it... when I FEEL like it.
An idea I posted in another thread.
This EA automatically hedges, but nobody ever said that the hedges to be equal. How about we use a method (like Steinitz's) for determining trend direction. Whatever direction the trend it going, start the lot progression one progression in.
Trend direction = Up
First buy order = 2
First sell order = 1
Second buy order = 4
Second sell order = 2
modify V1+V2 new2
I have tested Bolla version, V1+V2new2. Its very good. But i would like someone to modify the EA to make as below:
1. Change to fix TP instead of increasing 1pip. Only the gap is increasing 1pip.
2. Change the TP of previous orders similar to the last order so that all positions will be closed simultaneously once the last order hit its TP.
I dont know how this V1-V2 Martingale hedge works but I have a Martingale hedging system of my own.
Last time i tried my hedger, I started with a small 0.1 lot ($1 per pip) and ended with a pending 19.2 lots. Though it made money, but if that 19.2 order were filled, it would be a big looser.
Im still however, looking forward to this hedger; I believe we need to tweak it - perhaps during news? perhaps during london fixes (were volatility starts...)?
Backtest results V1+V2 Bolla
my newest Backtests results
V1+V2 1 Min starts 30.04.2007 / Account: IBFX Standard 5000$
V1+V2 15 Min starts 06.05.2007 / Account: IBFX Standard 5000$
Backtests with V1mini + V2mini
my newest Backtest results
V1mini +V2mini 15 Min starts 06.05.2007 / Account: IBFX Standard 5000$
2 seperate Charts
Yes, I am using the original version in demo too.
I have a question if you dont mind, I am using a mini account only, if I started with USD10K, how much lot will it open, initially? Can we change the lot size in the original version for mini accounts too?
surprising V1+V2 mini 5%
to day opening and closing without any reason for me : open buy trades and close them at same moment same price See attached image
Could you explain ?