back test 2009/01/01-2009/03/31
pair: EUR/NZD
Wednesday, 29 April 2009
Tuesday, 21 April 2009
EA TurningPoint - forward test 01
EA WingMan3_27 - forward test 01
martingale rules
since martingale strategy is risky, there are several rules to be followed...
1) with capital 3000usd, leverage 1:500, initial opening lot 0.01, the maximum lot should be 10.24
2) never put SP bigger than or equal to TP
3) close all positions on Friday afternoon, no floatings on weekends
4) always start on Monday
1) with capital 3000usd, leverage 1:500, initial opening lot 0.01, the maximum lot should be 10.24
2) never put SP bigger than or equal to TP
3) close all positions on Friday afternoon, no floatings on weekends
4) always start on Monday
Tuesday, 14 April 2009
idea for EA
these are new ideas for new EAs
1) EA TurningPoint
- EA opens order based on CCI indicator
- EA may do martingale
2) EA WingMan3_27
- simple martingale and hedging EA for 24 hours trading
- enhanced from previous version
- not available yet
3) EA Big Bang (previously named as BiggerBetter)
- martingale EA closes bigger lot order at smaller lot order open price
- modification of EA WingMan3_27
4) EA StormChasers
- combination of 9 indicators to open order
- idea by mynes
- not available due to copyright of the owner
5) EA Cayiema-PO
- EA does BuyStop and SellStop continuously until price hit TP
- idea by Cayiema
1) EA TurningPoint
- EA opens order based on CCI indicator
- EA may do martingale
2) EA WingMan3_27
- simple martingale and hedging EA for 24 hours trading
- enhanced from previous version
- not available yet
3) EA Big Bang (previously named as BiggerBetter)
- martingale EA closes bigger lot order at smaller lot order open price
- modification of EA WingMan3_27
4) EA StormChasers
- combination of 9 indicators to open order
- idea by mynes
- not available due to copyright of the owner
5) EA Cayiema-PO
- EA does BuyStop and SellStop continuously until price hit TP
- idea by Cayiema
additional EA
these are some additional EAs probably necessary...
1) EA TrailingStopProfit
- EA trails both StopLoss and TakeProfit
2) EA CloseAll
- simple EA to close all trades/orders
3) EA InstantOrder
- simple EA to order with assigned MagicNumber
1) EA TrailingStopProfit
- EA trails both StopLoss and TakeProfit
2) EA CloseAll
- simple EA to close all trades/orders
3) EA InstantOrder
- simple EA to order with assigned MagicNumber
pending order
there are many types of pending order strategy...
the important points are the gap between orders and the time to do pending...
1) EA Atlantis-MPO2
- a modified EA from Atlantis PO
2) EA MLPO
- simple PO with multiple layers
- idea by mynor
3) EA mynes-PO
- idea and EA are not available due to copyright of the owner
the important points are the gap between orders and the time to do pending...
1) EA Atlantis-MPO2
- a modified EA from Atlantis PO
2) EA MLPO
- simple PO with multiple layers
- idea by mynor
3) EA mynes-PO
- idea and EA are not available due to copyright of the owner
correlation
this strategy is based on hedging 2 pairs at the same time, for example Buy USD/CHF and EUR/USD, like in EA Turtle Clone by MyForexStrategy
EA closes positions based on different pips as profit...
EA closes positions based on different pips as profit...
martingale settings
good pairs for martingale strategy
1) Asian session only
Setting: TP = 20, Pips = 10, SecureProfit = 15, SL = 300
Pair: EUR/GBP, USD/JPY
2) 24 hours trading
Setting: TP = 100, Pips = 50, SecureProfit = 75, SL = 500
Pair: EUR/AUD, EUR/NZD, GBP/AUD, GBP/JPY, USD/JPY, GBP/NZD
Pair: EUR/JPY, AUD/JPY, CAD/JPY, CHF/JPY, GBP/CAD, CAD/CHF
1) Asian session only
Setting: TP = 20, Pips = 10, SecureProfit = 15, SL = 300
Pair: EUR/GBP, USD/JPY
2) 24 hours trading
Setting: TP = 100, Pips = 50, SecureProfit = 75, SL = 500
Pair: EUR/AUD, EUR/NZD, GBP/AUD, GBP/JPY, USD/JPY, GBP/NZD
Pair: EUR/JPY, AUD/JPY, CAD/JPY, CHF/JPY, GBP/CAD, CAD/CHF
martingale and hedging strategies EA
this is my very first idea of EA...
combination of basic martingale and hedging...
the idea is to get the profit when the market sideways...
EA opens Buy and Sell at the same time (kind of hedging)...
when the market bulls, EA gets profit from Buy and does martingale for Sell...
when the market bears, EA gets profit from Sell and does martingale for Buy...
optional functions are MoneyManagement, ProfitTarget and RenewTakeProfit...
this EA needs huge capital (at least USD3000 for minimum opening lot 0.01)...
the problem is when the market is not strong enough to retrace...
recap:
martingale strategy is doubling the lot when the market is against the order with specified pips or gaps...
hedging strategy is Buy and Sell at the same time...
combination of basic martingale and hedging...
the idea is to get the profit when the market sideways...
EA opens Buy and Sell at the same time (kind of hedging)...
when the market bulls, EA gets profit from Buy and does martingale for Sell...
when the market bears, EA gets profit from Sell and does martingale for Buy...
optional functions are MoneyManagement, ProfitTarget and RenewTakeProfit...
this EA needs huge capital (at least USD3000 for minimum opening lot 0.01)...
the problem is when the market is not strong enough to retrace...
recap:
martingale strategy is doubling the lot when the market is against the order with specified pips or gaps...
hedging strategy is Buy and Sell at the same time...
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