- Search Metals Mine
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RedLineFred replied Oct 1, 2019Your question is too simply stated, its not just about the size of the trailing stop (TSL) but a combination of the initial Stop Loss (SL) and the type of trail used. Should you set your trail purely on the size of the initial SL, which would be ...
Systematic Trend Trading
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RedLineFred replied Sep 26, 2019Simple trend trading Find an entry in the direction of the trend and trail your stops Cant get much simpler
Systematic Trend Trading
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RedLineFred replied Aug 11, 2019I'm happy to code this up. pls clarify your rules for trailing. I assume you trail at R multiples? If not pls advise.
Systematic Trend Trading
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RedLineFred replied Aug 11, 2019was more thinking along the lines of trying to use the entry signal generated in the other direction to close out the initial position. I agree anything based on moving averages is doomed to failure.
Systematic Trend Trading
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RedLineFred replied Aug 11, 2019Has anyone considered the use of a dynamic profit target as opposed to a trailing stop. If the Trailing stop was seen as a worst case scenario when the trend suddenly changes direction, a dynamic exit should result in less left on the table. The ...
Systematic Trend Trading
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RedLineFred replied Jul 13, 2017are you looking for a dynamic link which is continually updated and current, or would you be happy with a script that dumps the information into a csv file which could then be opened in excel? every time you run the script it dumps the new data.
Moving Average Price to Excel
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RedLineFred replied Jun 26, 2017try this: extern int MagicNumber=10001; extern double Lots =0.1; extern double StopLoss=5; extern double TakeProfit=10; extern int TrailingStop=0; extern int Slippage=3; extern int ma_fast_period=13; extern int ma_slow_period=89; extern int shift=0; ...
Help for one entry per candle
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RedLineFred replied Jun 23, 2017close the trade in profit and hold the other open until price cycles back into profit, then close it = no loss. you did say that funding was not an issue, so just hold on regardless of how long it takes.
I will code your EAs and Indicators for no charge
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RedLineFred replied Jun 22, 2017Given that the ADR will be different every day as it is after all a moving average, whats so special about today's ADR(14) value and how far back in history do you want to compare and why? Getting the data via a script is easy enough but you ...
Average daily range statistics
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RedLineFred replied Jun 21, 2017This code will give you the number of orders placed this bar, so should point you in the right direction. Assuming you run the EA on the H1 chart just check that getOrdersThisBar < 5 before placing a new trade. int getOrdersThisBar(int magic) { int ...
I will code your EAs and Indicators for no charge
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RedLineFred replied Jun 20, 2017my preference is to not post source code within a thread. sorry. but pls see the PM i sent.
2 bars strategy on daily time frame
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RedLineFred replied Jun 20, 2017Firstly, apologies to Xaron if this thread has been derailed. I only set out to offer opinions on how and what to consider when trading with a Grid System. My last comment on this: 1. yes swaps hurt but you need to consider the contribution any ...
Grid trading with very low leverage
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RedLineFred replied Jun 20, 2017try this uses market orders rather than pending orders but does provide visuals. its a quick mash up so any bugs please let me know
2 bars strategy on daily time frame
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RedLineFred replied Jun 20, 2017Good to hear. I'm also in GBPCHF and Silver, plus also WTI. For my money EURUSD is too far from its all time low and therefore the grid spacing is too large. Another little twist, the first trade that i place is sized 5x the lot size of the ...
Grid trading with very low leverage
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RedLineFred replied Jun 14, 2017As i understand it, diversification offers the benefit of compounding returns while possibly averaging/or reducing the overall drawdown of a portfolio. However, if one of the strategies delivers a greater ROI than the rest, and assuming you can ...
What was your "holy grail"?
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RedLineFred replied Jun 10, 2017and who said traders don't have a sense of humour love it keep it up
COVFEFE methodology
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RedLineFred replied Jun 9, 2017ROI - bit difficult to say as i was messing around with different pairs and approaches, but you could have traded this from a $10k account as the DD maxed out at $4k, so 40%DD with 80% ROI But if you use the risk settings and 100 trades approach you ...
Grid trading with very low leverage