Same strategy for different accounts. Can anyone code that? - page 2
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I think there seems to be a linguistic misunderstanding. What on earth do you mean by "account"?
For us, an "account" is a trading account offered by a broker. It is simply where one places our funds for trading. There is no "price" or "gaps" in trading accounts.
You are right - sorry I am naive I will try to explain more clear. That is what I mean: I will have different account numbers in a broker. In example - I have lots of accounts with ICMarkets. With different accounts with gaps - I mean I will wait for at large pip loss in an account (I will hedge the account) and open a new account with the same strategy after a large price change - that's what I mean with gap. New accounts margin will be independent and new accounts margin is fresh even there is a gap. So each account will have its own margin. If I have lots of accounts - the large gaps will let our new account independent and with lots of accounts we will have more breathing with fresh margin. If it was a single account - I would have margin call for 100% of the account after a loss. And if the drop is very high - we might close the trades in the previous hedged account and we will realize the balance. Or we can wait retract in price. And we will determine how much USD we will transfer between the accounts. We will continue with the new account and continue the strategy from where we left off. Even a grid will be less risky.
What do you think - and do you want me to clarify more? I guess it sounds stupid but it has a logic.
It might need deep pockets. All the grids will continue after large drops. we can lose accounts one after another. But - we will not lose the full amount at one go.
You are right - sorry I am naive I will try to explain more clear. That is what I mean: I will have different account numbers in a broker. In example - I have lots of accounts with ICMarkets. With different accounts with gaps - I mean I will wait for at large pip loss in an account (I will hedge the account) and open a new account with the same strategy after a large price change - that's what I mean with gap. New accounts margin will be independent and new accounts margin is fresh even there is a gap. So each account will have its own margin. If I have lots of accounts - the large gaps will let our new account independent and with lots of accounts we will have more breathing with fresh margin. If it was a single account - I would have margin call for 100% of the account after a loss. And if the drop is very high - we might close the trades in the previous hedged account and we will realize the balance. Or we can wait retract in price. And we will determine how much USD we will transfer between the accounts. We will continue with the new account and continue the strategy from where we left off. Even a grid will be less risky.
What do you think - and do you want me to clarify more? I guess it sounds stupid but it has a logic.
It might need deep pockets. All the grids will continue after large drops. we can lose accounts one after another. But - we will not lose the full amount at one go.
You are gambling, not trading! Learn to trade properly and you will have no need for such gimmicks.
To be clear, yes, I do think it is stupid (or naive if you prefer a softer word), and that includes all those other useless methods, such as martingale, grids, same symbol hedging (usually disguised as "trade recovery"), and others.
Learn to do the maths and you will see why they are all just great ways to make you lose all your funds.
Stop gambling!
We can even use grid with that system?
Generally speaking, there is nothing wrong with simply putting a grid on your chart. A grid is simply a series of evenly spaced horizontal lines. Many traders use such a grid for various purposes.
If you want to create a responsible strategy based on a grid, stack trades that are floating profits--not trades that are floating losses. Stacking profit trades is known as pyramiding because your largest trade will be your first trade. The subsequent trades will get progressively smaller--say, by 30% for example. The premise is that price runs become exhausted over the course of running. Therefore, you risk less as the state of price exhaustion inevitably approaches. If you use random initial entries (without indicators or other technical analysis), a custom Renko (brick) chart is basically a lineless grid--allowing you to base your entries and exit on bar close instead of comparing bid/ask price with grid levels. No hedging and no Martingale. In fact, this type of strategy is known as anti-Martingale.
Generally speaking, there is nothing wrong with simply putting a grid on your chart. A grid is simply a series of evenly spaced horizontal lines. Many traders use such a grid for various purposes.
If you want to create a responsible strategy based on a grid, stack trades that are floating profits--not trades that are floating losses. Stacking profit trades is known as pyramiding because your largest trade will be your first trade. The subsequent trades will get progressively smaller--say, by 30% for example. The premise is that price runs become exhausted over the course of running. Therefore, you risk less as the state of price exhaustion inevitably approaches. If you use random initial entries (without indicators or other technical analysis), a custom Renko (brick) chart is basically a lineless grid--allowing you to base your entries and exit on bar close instead of comparing bid/ask price with grid levels. No hedging and no Martingale. In fact, this type of strategy is known as anti-Martingale.
Thank you!.. :)
Thank you!.. :)
You're welcome.
I should also mention that an anti-Martingale strategy still requires hefty trading capital to survive consecutive stop-outs. Remember, the largest trade is the first in the sequence so consecutive stop-outs hit hard when they hit.
Hi - what I want to do is in the below search:
https://gemini.google.com/share/2473aceac1e9
I want an expert advisor which trades different accounts with the same strategy. Same risk for all of them.
If someone codes such an EA, how can I backtest hundreds of different periods automatically without involving ourselves?
Thank you.
If you have EA, you can run it on multiple accounts at the same time. Normally, you set your EA and save it as the template then use it to other account. This way, you will have EA run on multiple accounts with same setting or strategy.