tictac-nur@Zone Recovery Management EA

I know its risky, almost every martingale strategy is made to blow accounts but imagine, in this way, all positions will be exactly locked 2=2. So margin will be used only 10%. I want to test this on demo.

The thing you want to do already exist
https://www.mql5.com/en/market/product/13247
It's called double trader.
You can test on strategy tester so you can have an idea about the risk.

THANKS Merka for sharing the link. I will definitely try this. There is not much difference in tictac and double trader. Tictac runs one cycle and double trader from boht sides. Risk remains the same. Once we are taking risk, better keep locking the profit on the reverse side.

TicTac can also work same as double trader if its programmer fix the magic number issue. Also need to add option for continuous trading because we need to start manually and then it will keep running.

http://forexop.com/trading-with-dual-grid-system/

This is not the new idea, many people doing this successfully.

Lets wait for our programmer, if he can add this feature in coming version.

Thanks for the idea.. I think better add spread filter before making a trade too. I will try to add that features on the next version too. Thank you..

Here are my findings testing double side trading using tictac.

For last 2 days, I applied ver. 8 on 2 different charts. EURUSD and GBPUSD

I traded manually 4 times at the time of volatility (breaking of support/resistance, opening of London and US sessions) etc. All 4 times I bought EURUSD 0.05 lots and sold GBPUSD .05 lots manually at the same time. And then I left trades for tictac EA to take care.

3 Times, GBPUSD hit TP and EURUSD went to recovery mode and hit TP at 2nd cycle.
1 Time reverse happened, EURUSD hit TP and GBPUSD went to recovery mode and hit TP at 4th cycle.

If this could be applied to single pair, I would love to run this EA 24x7. Idea is simple, while you are waiting for a trade to come outside of recovery (cycles) you will keep collecting pips between each cycle.

Hi tictac,

can you please add multiplier options till 10 numbers? Currently we can enter until 7 only. Thanks in advance

Hi op the problem of this strategy is if market ranging between the zone more than 10 times we will get big loss before it reached our targeted profit

I have suggestion add anti grid option

Example :

When one trade in profit but equity is not Profit that time make BE in that profitable trade and open another trade in that same side so there will be two open trades will be in profit that will make equity target

Means when one trade in profit with 10 pips or xx money then suddenly second "zone" will be created !

I didn't understand your explanation.
Could you please explain more clearly.
Thanks

Look I added two red lines in selling side ,

When market trigger sell and reach to 2nd red line and return up to buy side will make loss in this zone Recovery system cause it will not touch at profit area same will happen in upside too many times that will make huge loss

To reduce the huge loss here is my suggestion

When trigger sell then open another sell when it reaches at "line 1" and take profit when this two trades reach at "line 2" so we don't want to wait to reach that actual profit line in down side

Open duplicate sell orders if sell trigger or buy vise versa its called new duplicate zone Recovery area in certain range

Nothing can compensate RZ exponential losses. If you do that, market can go in the wrong way adding more losses.

The only principle protection you can have is:
1. to cut loss (aggregate) at some confortable n% and abort session
2. to extend the target zone, that can allow you to use some lower multiplier (like 1.2; 1.25; ... 1.3) and get more cycles

But remember, the risk conserves what ever you do!

RZ is not using SL but hedge in range so cut loss is working there with opposite hedge

I didn't used Martingale hedge but one extra lot added in 2nd and all other trades after open first trade

( first trade 1 lot and all other is 2 so every time there is one extra lot will get in all hedge but profit target will be expand based on number of zone trades )

In this situation we can recover loss within small range is open anti grid I maintained above

So far, I am doing this manually. Adding 1-2 extra trades when price is away from RZ to speed up setup closure. I reduce the TP from 10 to 5 as wll and sometime only 2 when cycle is already reached 13 trades. But its risky if market moves to other side, leaving you in panic.

One other thing, I am doing manually now, can be added in this EA. At every touch/ping to RZ, new trade opens, so when, lets say 6 or 8 ping pongs, I will increase the SL (RZ) from 10 to 25 pips. To avoid further trades in same region.

So we can add option, increase/decrease RZ range after ** trades. So new trades will be open once market will be out of current ping pong area. Its working

Here is the example how I added ( manually ) more sell when first sell reach in certain profit so I can recover loss in small range is what the benefit

It reduce huge margin by using Martingale hedge lot and it reduce to small trading range to get recover loss / profit

It use opposite 2 lot buy hedge in the zone range so its not adding more loss if market reject down side go north

Look attached pic I added two extra short it made exrtra profit it reach before actual profit area same time there is hedge in upside at every 10 pips (-$1) with 2 lot in all the above short positions

This is how I use lot size its not Martingale hedge

Op please add this type of lot size increasing option it will reduce risk

First lot is 1 and all other lot is 2 means 1 lot only use if market go up or down but the duplicate ZR will make profit as I said above ( anti grid ) cause it will make new open trades when first trade in profit ..!

Hi everyone.
First of all I would like to thank Tictac for giving as such a good, and promising EA to test it for free.
I am so impressed with your work, and appreciate it so much that I had to create an account to say it.

I am back testing, demo testing, and live testing only on manual mode. It works great and I will be happy to share the settings and outcome if there will be any interest), but there is few things I am missing and I believe it might expand our possibilities of testing a lot. So putting it all together: (Number one is most important for me and I need it for more testing, maybe this feature already exist so please tell me how to trigger it. The rest is also important and I bold the most important ones IMHO.

1a. Could you make hard TP and SL? Especially TP. I mean at the moment I am setting up take profit 10 pips and it works perfectly until the first and every next hedged position. Then the TP is going further and further as its taking on the account all losses made by spread and comission (and it's invisible for us as well).
Could it be possible to make hard TP. So it's 10 pips away from first or last trade so I can manage trade by rising hedge multiplier range and keeping TP channels the same rather that lowering hedge but widening TP channel. I try to explain it on photo:
https: //i.imgur.com/q9mr2Xe.png
Sorry for external link but FF didn't allow to add attachment. Dunno why.
Please this is very important feature for me. At the moment I have a lot of spare time and I can spend every minute back testing this EA if I will be able to set up TP that way.
1b. Also Fixed Target works in the same way and they move further and further from Zone Recovery. Fixed target move away very far because if you set up 5USD fixed profit it moves away together with the number of trades so 4 trades(triple hedge) requires market to move 20 usd in one direction. So HARD TP at XUSD away from last trade would be amazing too, although I use Pips target more often. Also I don't know why Fixed Target works perfectly on back testing, but on Demo and Real account doesn't work. Even if I turn Fixed Target as true and Pips Target as false it still closes trade only on Pips Target profit. Here is appeal to rest of testers to check it please.
Equity trading works perfectly on back testing, but same as fixed profit not working on Demo and Real account as even you turn off Pips Profit the MT4 will disregad it and take Pips profit as a priority.
1c. This I will need more testing but in all three option analogical situation might happen with stop loss. So instead being steady it will be moving closer and closer to the Zone recovery.

2a. Not very important but I agree with KashifNawaz that if individual multiplier setting for each cycle could be expanded to 10 trades that would help for some traders.
2b. As brahem noticed already another extra option to use one indefinite hedge number option (by putting lots size multiplier on false) would help for people with they have the balls and want to hedge over 10 times (but please keep Lots Size Multiplier as an option as I really love it)

3a. I agree wit Electronix that there is a bug in TS and it could be fixed. If it's possible that another option of triggering Trailing Stop would be triggered after reaching TP that would be another option and advantage.
"I think i found a bug in regards of the trailing stop. When you set it to enable it modify the orders as expected but it goes only until the entered TP is reached.
Means if you set a TP to 20 (as me) and set the Trailing Stop to 10 it goes only up to 20 pips.
I think more usefully is, when trailing stop is active it should ignore the entered TP and goes up to what the market can give " (I know TicTac is already aware of that)
3b. If it's possible that another option of triggering Trailing Stop would be to be triggered after reaching TP that would be another option and advantage.

4. I agree with Electonix again that it would be possible to have a choice are the orders " possible to set a real TP for the Orders at the Broker ?"
I love the idea of stealth trading with Virtual Stop Orderand so it would be great to have possibility to choose between VSO for playing with VPS or perfect connection, but for playing in manual mode with standard TP, SL, and Standing orders I would feel much more confident. That would be very, very helpful. Very important feature as well as point 7.

5. Thank you Electronix for more great ideas as I agree with all of them so please let me copy all of them here so there will be all requests and ideas in one post (maybe except that I like the way the panel looks the way how it is nowbut I agree that on smaller screens it is bit difficult to read when bars are behind)

"- selection for 4 and 5 Digits accounts would not be bad. At the moment you can set for example the Trailing stop loss only to 1 which
means that are 10 pips on a five digits account.
- Spread Filter, what do you think about a Spread Filter ? Cause many brokers changes there Spreads (https://www.forexfactory.com/brokers.php#spreads) specially at night and as i understand, the Time settings in your EA are only working on Monday and friday, is this correct ? So with this you can not avoid trading at night. But the Spread Filter is maybe also good for news time, cause the brokers also changes there Spread at important news.(acknowledged by tictac)
- It seems that it is not possible to set the multiplier smaller than 1.2 is that correct or maybe a bug ?
- Maybe a close all Button makes sense in the Chart to close all orders manually ? (I think it is very important feature,I would add all orders on one pair all or orders on all pairs as I have it open on up to 5 pairs and then close smaller trades when one of them needs big margin.)
- Can you draw also in the chart, where a trade was closed ? In similar way as when you drag and drop a trade on the chart.
That would be good for a better trading graphical overview
- Can you place a dark grey or black Backround behind the info panel ? cause with the chart it is sometimes difficult to read with all the candles in behind."

6. Electronix again with reverse trade entry strategy as this is another useful feature.
Explanation "Means sell where you normally buy and vice versa."

7. Could you you draw a red/green line where we can see, where the TP is set to be hit ?

8. From NashifNawaz: Magic Number is not working. If we change magic number from 0 to any other number, it does not take care of manual entry (I din't try automatic range breakout entry). I want to place this EA on same pair EURJPY but on 2 different charts with different magic number. Lot size and TP targets will be different in each chart. Can you please check?
It's not working correctly wit me also and would be great to have opportunity to trade the same pair on two different charts/time frames.

9.KashifNawaz:
Can we add option, increase/decrease RZ range after ** trades. So new trades will be open once market will be out of current ping pong area. Its working.

Thank you for attention and great ideas especially to Electronix and NashifNawaz. TicTac looks like there is a lot of work for you We all waiting biting the nails to the elbows for the new version. If you need beta tester just PM me. My work gives me ability to do back testing and this EA draw my special attention.
I can also contribute a reasonable amount if that would help you. If most above will be solved and you like new challenges (and to make some extra money) I have Idea of entry for this EA as well. It's not complicated. But that is another time. Sorry for such a lot of text. It's my first post here

TicTac once again thank you for great work.

@Gargamel

Please post your results.

Thanks

What is the max number of cycles you guys had?

This depends on how you trade
For example, I personally have not faced more than four sessions and that because I trade liquidity time and with the use of sensitive areas, either the rise or fall of the price and this success rate 90/100
Of course with the mony management