Sclper 100% win math

Type:

Scalper with 100% win math component

Operation:

System places initial pending order on reversion to means basis when price breaks out of the 3 X Bbands X point, as price extends further out of Bbands the pending order is trailed X points away from the price until price reverse and engages pending order.

System trails this order if it moves into positive until stopped out.

System hedges @ X points above/below entry if price doesnt move in favour of initial trade.

System seeks to lock in profit when X % of balance is seen in positive and trails X point behind price, and the required % is greater on each subsequent hedge.

System will only re-hedge X times before placing SL/TP at point of what would be next hedge to close out basket at a loss.

* As system is using both longs and shorts, the SL and TP need to be placed with respect to the bid/ask so that all basket orders close simultaneously.

Settings:

BBandFast: X period
BBandMedium: X period
BBandSlow: X period
Method: X method
BBandBreak: X point (tracking ask price on long, bid price on shorts)
PendingStopClearance: X points between price and pending order
Favorabletrail: X = % of account balance seen before trailing on initial order
FavorabletrailStep: X = greater % of account balance (above initial %) seen before trailing on each subsequent rehedge
FavorableTrailClearance: X point behind price (trailing using bid reference on long, ask reference on shorts)
HedgeGap: X = point distance between initial order and subsequent hedges
HedgeFactor: X = time greater order size than initial
HedgeMax: X = maximum times system will rehedge and then places SL/TP at point where next rehedge would otherwise occur
SpreadFilter: X Max av spread (calculated using av of last 30 ticks)
MoneyManagement: true = increase initial order size in line with increase account balance
InitialOrder: X = initial lot size
FridayClose: No more trading after this time