Discussion of article "The "All or Nothing" Forex Strategy"

[MetaQuotes]

New article The "All or Nothing" Forex Strategy is published:

The purpose of this article is to create the most simple trading strategy that implements the "All or Nothing" gaming principle. We don't want to create a profitable Expert Advisor - the goal is to increase the initial deposit several times with the highest possible probability. Is it possible to hit the jackpot on ForEx or lose everything without knowing anything about technical analysis and without using any indicators?

Author: Гребенев Вячеслав

[Andrey Khatimlianskii]

Thanks for the interesting article, read it in one breath.

[forexch2011]

Waiting for the article - "creating a divorce advisor for pamm accounts"

https:// www.mql5.com/ru/forum/5142/page3

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It's simple - you want smooth growth - get the strategy -

1. TP is not proportionally small to SL - for example TP=10 and SL tends to infinity (don't put it at all). To make it more plausible make 10 +/-2 * random (well, like in the range of 8-12).

2. Limit in time the number of trades based on profit, for example +5% per month, for this 10 need 5 trades - write a program for time delay. ( also +/- 1 * random)

3. All the Grail is ready - compile it, put it on pamm - fool everyone's brains with super beautiful equity for 3 months (average probability that solyet mala = 0.5*(15% (5+5+5+5)/100% (all depo)=7.5%)

4. Then you collect dough, each month withdraw your percentage, and prepare a couple of months of complex explanation to partners - for the moment when he will lose. Parallel to points 1-3 you repeat looking for new clients.

[Гребенев Вячеслав]

forexch2011:

Waiting for the article - "creating a divorce advisor for pamm accounts"

In fact, you have already written an article. I am not very good at PAMM accounts and divorce, but it is interesting to discuss the proposed algorithm.

So, the algorithm:

1) We enter the market in a random direction. We set a small Take Profit and a huge Stop Loss.

2) Wait for the Take Profit or Stop Loss to trigger. Exit the market.

3) Make a decision: either close the trade (do the legwork or accept congratulations), or return to point 1.

This algorithm will indeed have a balance curve with long gentle rises and sharp steep collapses. On average, this algorithm plummets.

This algorithm is very similar to the trivial algorithm from the article. Only the trading time T here is measured not by the alarm clock, but by the Take Profit size. Take Profit should be set so that the trading time is approximately equal to 300 000 seconds. With such a Take Profit, the probability of losing the deposit will be minimal. You will have to make a leg up in a month and a half at the earliest. Although you will have a significant probability to accept congratulations and drink champagne. The main thing in this business is to stop in time.

If you need at least six months to a year for divorce, it makes sense to delay the time of one trade up to a week. But the probability of drinking champagne then will drop by half. You should know everything about swaps and commissions of a particular broker. In no case you can reduce the time of a trade to 50 000 seconds or less, the probability of drinking champagne then becomes almost zero.

The method of optimisation with random entry directions proposed in this article will help you a lot in your difficult and dangerous business.

[Victor Lukashuck]

I agree with Composter. It's rare to see someone go so in depth on a topic. Thank you, very interesting. We will adopt this strategy as well as the supposed one about volatility peaks.

[jaxary]

Rosh:

The article "All or Nothing" strategy on Forex is published:

Author: Grebenev Vyacheslav

If you constantly apply this methodology, then at least win the lottery or not, but in the long term will drain....spread will eat up everything, because at Forex absolutely everything is 50/50)))).

[Гребенев Вячеслав]

jaxary:
If you constantly apply this methodology, then at least win the lottery or not, but in the long term will be a drain....spread will eat up everything, because in the forex absolutely everything is 50/50)))).

In the long run the lottery spread does drain. It is written about it in the article. The purpose of a lottery player is to play, not to make money.

"spread will eat up everything, because everything is 50/50 at Forex" - and this is wrong. Read about the coin rate and other articles.

[Heinz Traub]

This article is very interesting to me. Thanks for writting it, translating it and provide the implementation.

[Achmad Hidayat]

Very interesting article.

Can open our perspective in achieving what we really want in trading on forex market.

[Kourosh Hossein Davallou]

This very interesting article.

[Jose]

It is actually a different approach to most seen around, where the objective is always to obtain a positive expectation. It would be interesting to analyze how the probability of winning in this lottery is modified as technical analysis kicks in (or, in other words, how we can become an "informed" lottery player, which knows, for instance, that some balls have different weighs and so their probability is not exactly the same)