I would like to ask about ... how to decide the relationship between long and short term position sizes?
Long term positions naturally have larger stops ...
1. So ... should I reduce the position size for long term trades for equalizing the maximum loss percentages with short term positions?
2. Or ... should I trade the same size for both terms and should I take more risk per trade as percentages for long term positions ... for example, if my maximum loss for a short term trade is %2, then the maximum loss for a long term should be more than this, %4 for example.
I would be very grateful, if a person who has enough knowledge about money management helps me here ... thanks.
The fractal analysis of the markets is used in the indicator operation algorithm. According to the fractals theory, after the breakthrough of the fractal level confirmed by the closing price located below or above the fractal, the trend wave in the direction of the breakthrough starts to develop. Until the fractal has been passed in the opposite direction, the trend is considered to be acting even if the price is flat or moves backwards. If a bullish fractal has been previously broken through on
Trade Copier Pro is a powerful tool to copy trade remotely between multiple accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
The most profitable trend traders are the ones who know how to recognize not only the market trend, but also the trading opportunities that arise once a trend has been established. The Pz Trend Trading indicator has been designed to profit has much as possible from trends taking place in the maket.
Established trends offer dozens of trading opportunities, but most trend trading indicators neglect them completely, and leave the trader completely uninformed about what the market is doing during a
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the market in
Safe Automatic is a safe MetaТrader 5 trading robot working autonomously on a VPS server. The good results are achieved on EURUSD.
The EA applies modified versions of a trend-following strategy, half-pyramiding, scalping, Elliott Wave method and speculating trading with a deposit protection. The EA switches the strategies automatically. The program also takes the news calendar into account: the robot does not enter the market in a 10-minute interval before and after a news rel
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels.
Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
The trading robot opens and closes positions by the indicator signals - buys at support levels, sells at resistance levels, which allows to capture large movements. It has the option to close positions by take profit and stop loss. When new signals appear the EA adds orders. When an opposite signal appears: if the order basket is in profit, then the EA closes it; if the basket is in loss, the robot opens opposite orders. The EA settings can be adjusted right from the chart. The EA also features
This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price:
Actual Depth of Market Chart Actual Tick Footprint Volume ChartThis product combines the power of both indicators and is provided as a single file.
The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator!
Exp COPYLOT CLIENT for MT5 is a copier for the МetaТrader 5 platform. It copies forex trades from any accounts. Including those from terminals МТ5 and МТ4.
Install the Expert Advisor in the terminal where you want to copy trades. Specify any text label name as pathRead, for example, "COPY". This should match the master terminal (to bind the two terminals). To copy trades, you need to install the free Master copier in the terminal from where you want to copy the trades: COPYLOT
We present you an effective software solution for arbitrage between brokers.
The Arbitrage on the market became widespread due to decentralization. There are many liquidity providers, whose quotes differ for various reasons. By tracking the dynamics of changes in the quotes of different brokers, it is possible to determine the delayed and leading brokers, thereby predicting the future prices of the delayed broker for a short time. Knowing these prices and using efficient built-in software filte
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules.
This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time.
With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy y
This indicator extracts a trend from a price series and forecasts its further development. Algorithm is based on modern technique of Singular Spectral Analysis (SSA). SSA is used for extracting the main components (trend, seasonal and wave fluctuations), smoothing and eliminating noise. Does not require the series to be stationary, as well as the information on presence of periodic components and their periods. It can be applied both to price series and to the data of other indicators.
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script.
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Source - new and improved multi-terminal positions copier for your real / demo account, works faster, requires less, flexible in managing and upgrading, new information support. This expert is designed for terminal MetaTrader5 from which the position will be copied.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention Buttons for re
The indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi
Auto Trade Copier is designed to copy trades between multi MetaTrader 5 accounts/terminals with 100% accuracy.
With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay.
Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5006.
Followings are highlight features:
Switch between Provider or Receiver role within one tool.One provider can copy tr
The indicator displays the current market information about the recent trades (their direction and volume).
BackColor - general background color of the indicator; AboveAskBackColor - background color of the line with information about the last trade in case it was performed at the price above Ask; AboveAskFontColor - color of the text entered in the line with information about the last trade in case it was performed at the price above Ask; AtAskBackColor - background color of the
About the PAM (Price Action Master) EA Series
These multi-symbol multi-time-frame bots enter on high probability engulfing bar and shooting star/hammer/pin bar patterns with a stop order. (Delays won't matter, slippage and spread not a big deal on larger time-frames.) They may consider up to 4 secondary time-frames in their analyses and score of space, trend, quality of bar, quality of important locations, big round numbers and quality of pullbacks. These bots can print a special csv log f
MACD All MAs-14 is a MACD indicator that allows choosing usual parameters of the standard MACD (constructed from EMA) as well as the type of the moving average to be applied: up to 14 different types.
You can select 9 standard MAs available in MetaTrader 5 - SMA, EMA, SMMA, LWMA, DEMA, TEMA, Frama, VIDYA, AMA, TRIX, and 4 non-standard - LRMA, HMA, JMA, AFIRMA.
Method MA - select the type of moving average to be displayed in the current graph. Period slow MA - the number
Pipfinite creates unique, high quality and affordable trading tools.
Our tools may or may not work for you, so we strongly suggest to try the Demo Version for MT4 first. Please test the indicator prior to purchasing to determine if it works for you.
We want your good reviews, so hurry up and test it for free...we hope you will find it useful.
Breakout Analyzer with Volume Critical
Strategy: Enter confirmed reversal setups Watch Video: (Click Here)Breakout Analyzer with Strength
Fast Copy MT5 allows to copy trades between different MetaTrader 5 (netting)(hedge) and MetaTrader 4 accounts in any direction and amount, quickly and easily (without loading the system).
Any type of copying is available
MT5 —> MT5 MT5 —> MT4 MT4 —> MT5 MT4 —> MT4
* For any interaction with the MT4, it is necessary to additionally install Fast Copy MT4
One tool for sending and receiving transactions: [master] > [slave] operation mode can be selected in
The Expert Advisor implements the classic "triangular arbitrage", which is successfully used by hedge funds.
"Triangular" arbitrage refers to a class of neutral-market strategies, in which the profit or loss of open positions does not depend on the direction of the market movement as a whole.
In order to take profit, the EA exploits a weak spot of market makers - it utilizes the difficulty of balancing cross rates of all currency pairs.
The advantages of the strategy are the following:
DeltaVolumeDistribution indicator can be considered as the fusion of the DeltaVolume and TradeSizeDistribution indicators.
This indicator, inspired by the MarketDelta-family charts, computes the net difference between trades occurring at bid and at ask, while trades occurring between bid and ask quotes are not computed. The indicator plots the resulting DeltaVolume as a unique distribution plot.
With the DeltaVolumeDistribution indicator you will actually be able to see the order flow entering
COSMOS4U Volume indicator facilitates your trade decisions. It gives confirmation of the running movement and market trends. It highlights current and past accumulation and distribution volumes, comparing them to moving average volume and the highest volume. In addition, it identifies and marks nuances as well as convergence and divergence patterns of bears and bulls in order to provide the market trend and price ranges.
The supported features are as follows:
Fast Volume Moving Average Slow
The script creates account summary report in a separate window.
The report can be created for all deals and on deals for selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The script creates account summary report in a separate window.
The report can be created for all deals and for deals of the selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The indicator displays economic news on the currency chart (the appropriate data must be downloaded from the Internet - please see the download instructions on the screenshots provided). The list of currencies (countries) is customizable. By default it shows all currencies. The main parameters come with a built-in description. In addition, there are parameters for advanced users. News items are divided into 3 categories by degree of importance. There is a great flexibility in display parameter s
Percent Crosshair is a powerful and easy percentage measure tool.
Measure the chart percentage very quick! Don't waste your time anymore!
Just attach the Percent Crosshair indicator in the chart, select crosshair mode at toolbars or press "Ctrl+F" and start using the crosshair as you always do! The percent measure will be next to the indicative price.
Customize your indicator the way you want!
There are 4 entry parameters:
Positive % color: set the desired color when % is positive. Negat
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Receiver - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 5 terminal, trades will be copied into this terminal.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention
The main purpose of the indicator is to detect and mark on a chart the following trade signals described in "New Trading Dimensions":
Bullish and bearish reverse bars with angulation (including squat). Bars in the green and red zones according to the histogram color of Awesome Oscillator and Accelerator Oscillator. Bars in the grey zone, when the Awesome Oscillator and Accelerator Oscillator histograms below these bars have opposite directions. Blue squat bars on chart independent of the
Easy Order is an Expert Advisor allowing you to enter any type of trade with one click based on your RISK preferences.
You can choose to enter a trade and automatically calculate your lot size based on how much of your account you want to risk. Risk is calculated based on your Stop Loss placement. You can use a fixed lot size if you don't want to use risk based calculation of lot size. Your previous setting of risk based or fixed lot size remains saved for your next use of this Expert Advi
To me, the thing to do would be use a combination of things. First, do not put too much of your account % into 1 or 2 trades, unless you are ok with a higher risk. Some people go as low as 1 to 2% per trade, depends on your acceptable level more than anything.
As far as the 2% / 4% example, I think you need to do the 4% calculation based on the trade itself, not the 4% of your account balance, because that is going to change all the time. If you just stick with the 2% of your trade as your calculation, the rest will just follow from that, and base the rest of your numbers from your potential trade, like 10pips up or down, or whatever.
One thing I have seen suggested, here and elsewhere, and it makes sense to me, is your Risk/Reward Ratio (RRR). If you are making trades that are any lower than 1:1, it could get hairy. The only way this low ratio would work is if you had a system that won 51% or better of your trades. While it might not be obvious, it does need to be said here that the 1:1 ratio includes the "risk" of a lost trade including the costs per trade, such as broker fees, slippage, and spread. If you can get a system that increases your RRR to 1:2 or 1:5 (or even better) than your 51% trade win isn't as important, as long as you have a system in place to cut the losing trades off and let your winning trades ride.
There is not really a "this solution will work 100% of the time" answer to a question like this. You need to adjust and tweak it to fit your trading style, acceptable risk numbers, and market condition. Some systems will not work with some markets.
Thanks JD4 for your inputs.
Let me give one more example for clarifying more.
Let's say ... I'm trading both short term signals and long term signals at the same time.
And, my stop loss ... is 10 pip for a short term trade and 20 pip for a long term trade.
I have 1.000$ on my account ... and let's say that I'm following the rule that my maximum percentage loss is %2 of my balance per trade for short trades.
In this case, my position size for per short term signal is (let's also say that it is USD based pair) 0,2 lot.
For a long term trade ...
1. Should my position size 0,1 lot for equalizing per trade percentage loss between short and long trades.
2. Or ... should my position size not change and remain at 0,2 lot ... but my percentage loss for per long term trade be %4?
In summary ... for trades for different terms, should I decide different maximum percentage losses per trade ... or should I fix them for all the terms?
If it were me in that situation, and I had decided on the arbitrary percentage of 2% max risk of my account per trade, I would calculate the lot size to reflect that, even if that was on a different trading style (long instead of short term) . However, there is nothing saying that if you get a good system, set up specifically for longer term trades, that if you feel comfortable keeping the same lot size (which as you know would increase your risk) you should shy away from it. Again, it depends on your preferences.
I am of the mind set that my "acceptable risk level" is good enough to run across the board, but that also depends on the market being traded as well and how you set up your system to limit that risk. I am sure that if you ask 100 different traders the same question, you are likely to get 100 different answers, and they are not all wrong or all right. That might be what works for that trader and their style. Doesn't mean it has to be exact the same for you. If you want, and have not yet done so, and I recommend this anyway, get a demo account, and practice and tweak your system so that it works for you before you go live. Try both of these methods in real time trading, and see if one way or the other works better for you. I wish you well finding a style that works for you, and can make you a good income on trading.
You could consider this, there exists what i call 'the looser' zone, this is an area where your trading style will automatically drain your account because the right calculations have not been made, and things are way off.
People often put it too close to the price, either out of fear, or based on some calculations that show how many times they can 'gamble' for an X amount of Balance.
What they do not understand is that the margin for error is so small i will give you an example.
Trader A uses the ten pip method like yourself, he didn't do the correct calculations, and he places his stop ten pips below price.
Now Trader B has done his homework, he knows the statistical values of the results of a ten pip stop.
Let's take for example EURUSD.
Trader A has not calculated anything except his max loss and how many times he can enter the market.
Trader B has done his homework and made calculations on EURUSD he knows several values for example like these:
10 pips= 16426 Hits or, once every 3 Minutes.
20 pips= 12128 Hits or, once every 5 Minutes.
30 pips= 8314 Hits or, once every 7 Minutes.
40 pips= 5250 Hits or, once every 12 Minutes.
50 pips= 3035 Hits or, once every 21 Minutes.
60 pips= 1706 Hits or, once every 38 Minutes.
70 pips= 985 Hits or, once every 65 Minutes.
80 pips= 638 Hits or, once every 101 Minutes.
90 pips= 385 Hits or, once every 168 Minutes.
100 pips= 282 Hits or, once every 230 Minutes.
As you can see large differences exist in such a small area.
This separates the winners from the losers some will gamble, and some will know exactly what to do.
Trader B knows where to put his stoploss, Trader A only knows how many times he can gamble before he is out.
It is mathematically predictable, that trader A will lose all of his money over time, and it is mathematically predictable that trader B will make a small fortune.
For trader A has got one leg stuck in the loser zone, while trader B is dead on the money, most of the time.
If Trader A knew he only has to adjust it just a little bit..., gamble less, make sure he knows more, he'd be on his way to make a small fortune ,too.
This goes on, trader B also knows how and when to exit the market, he has done the MATH.
Marco vd Heijden:
This example above is based on M1 because it is about placing a stop loss.
These calculations are extracted from, in this case 65000 bars, that's 65000 minutes, they represent a good averaged outcome.
Of course, there will be fluctuations, there will always be, However these are calculated results for the long run, and if you stick to the plan, and run through the same amount of market time, results should be as close as you can get to the calculated outcome, the goal here is to expose 'The Edge'.
Now this was only a stop loss calculation i can also show you what happens when you do the math for example a calculation on H1 Time Frame.
So i like to ask you, is there anything particular, of interest, you see in this graph ? can you identify a possible edge ? maybe more ?
How about this one ? from another pair, as you can see the results are very symbol sensitive, they are very different between one another..
The real questions are, What do we observe ?, is it the massive triggering of stop losses, or take profits ? or is it something else ? do we want to be there, when it happens ?
Because the calculations certainly tell how often, and when it is expected to happen.
For this you only need to do the correct calculations, then the result is something to wait for, we do not predict, we just calculate, so we know what to expect, when it should happen, and then wait for it to happen, like a hunter, who does not lose, nor win anything until he fires his shot.
Yes of course,
At the bottom, from left to right in the boxes are the number of pips, usually starts at 0 and takes steps like 10 or so up until 500 pips , or even more for H4 and up..
Then the numbers on the bars themselves, represent the amount of triggers, out of the total number of bars (65000).
The height, is there to give a visual, if that was not there, it would only be numbers, the peaks would be invisible without it.
So this means that for example, in the first graph, the highest count is at 100 pips, triggered 4553 times, out of 65000 bars, H1, so one hour bars.
It means that a 100 pip bar, on H1, is to be expected, 65000 / 4553 = once every 14 Hours.
The next one, which i think is typically, is at 200 pips, 65000/2982 = once every 21 Hours.
For the other chart there are some more calculations to be done.
I am by no means, saying that these numbers should be traded by anyone,
these are just examples, and there are higher extremes, that happen less
often, that can be more useful.
But the most important thing, is to not just calculate a few things, and apply them to all of your trades, like i said these things differ between currency pair's, and they differ quite a lot actually,
So the one that uses the same style and fixed set on any trade is assumed to have, limited success, if you do not want to gamble, or depend on luck, you do the math.
Here's a good visual on how these things differ.
Very clear, thank you. Just a little question the number of pips is from high/low ? or open/close, or ?
Did you compare between brokers ?
Its High - Low so the product always becomes the entire move, but then it is still hard to sort,
because the products are very irregular so you can't just use == is equal to a fixed number, so instead you use > is higher then, && < lower then so all xxx.xxxxx fall in between,
and every time that happens ++; then it will give you the results in > < steps.
I have not tried it on several brokers it is an interesting thought..
That's for sure on my to do list, the results should be about the same, and if they are not, i will have to find out why..