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tictac-nur@Zone Recovery Management EA

  • #281
  • Apr 5, 2018 2:33am Apr 5, 2018 2:33am
Quoting munna00
{quote} Set the gap (25 pips) in between buy and sell so that 20 cycles will never come, market will move one side at least 100 pips daily movement..where it is normal 100 pips movement daily each pair. though it is more than 10 cycles...correct therm by close some of urs buy and sell trade...suppose 0.14 buy in 5 $ profit and 0.07 sell is 4.55 $ loss...cut both manually
When you decide to enter a trade. Set in your mind first how much money you willing to LOSS. Set the risk management according to your risk.

Then let the EA do the job. Dont let your emotion interfere the system. Let it run all out. Even from a loss trade. We can get a lot of money from rebate..
  • #282
  • Apr 5, 2018 2:47am Apr 5, 2018 2:47am
Quoting tictac-nur
{quote} There is two way of generating profit with this ea 1) Profit Trade 2) Pip Rebate 20th cycle will generate a lot of rebate.. make sure you claim it from your introducer broker..

I have contacted my broker about this. According to them, Pip Rebate reward programm is for partners and affiliate accounts and not for traders.

Last Thursday, I manually closed 22 cycles at loss because they charged 560 Euro SWAP for holding 56 Lots on Wednesday night. OMG. Even I join pip rebate, it will not cover 1% of my losses.

Thanks God. Now my account is Swap free and I can hold trades for unlimited time.

Quoting tictac-nur
{quote} We can get a lot of money from rebate
Can you please explain? How much we can claim? Like I have closed 56 Lots (22 Cycles) at loss. If I would be member of Pip Rebate, how much would be my earning?

I am using a broker which is commission free and swap free.
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  • #283
  • Apr 5, 2018 2:49am Apr 5, 2018 2:49am
Revovery Zone of 100pip size.. maybe just a few cycle only..
Recovery zonr of 10pip size.. 20+cycle..

How about recovery zone of 1pip.. how many cycle can it get? How many volume you can get? Rebate heaven..
Just make sure your spread is smaller than the recovery zone size.. or else EA will fire like a machine gun.. haha..
  • #284
  • Apr 5, 2018 3:08am Apr 5, 2018 3:08am
Quoting KashifNawaz
{quote} I have contacted my broker about this. According to them, Pip Rebate reward programm is for partners and affiliate accounts and not for traders. Last Thursday, I manually closed 22 cycles at loss because they charged 560 Euro SWAP for holding 56 Lots on Wednesday night. OMG. Even I join pip rebate, it will not cover 1% of my losses. Thanks God. Now my account is Swap free and I can hold trades for unlimited time. {quote} Can you please explain? How much we can claim? Like I have closed 56 Lots (22 Cycles) at loss. If I...
Rebate depends on your agreement with introducer broker. Because they are the one that will receive the rebate from the broker. Some split it 50%trader-50%ib.. some 80%trader-20%ib... some just give it all back 100% to trader..

usually arround usd7-10 for 1 standard lot..

wow 56lot.. that is alot..
  • #285
  • Apr 5, 2018 3:15am Apr 5, 2018 3:15am
Quoting tictac-nur
{quote} Rebate depends on your agreement with introducer broker. Because they are the one that will receive the rebate from the broker. Some split it 50%trader-50%ib.. some 80%trader-20%ib... some just give it all back 100% to trader.. usually arround usd7-10 for 1 standard lot.. wow 56lot.. that is alot..
Thanks for the explanation. Yes it has worth. I will definitely look into this. But it will not cover your losses if you have to manually close 20+ cycles.


Quoting tictac-nur
{quote} wow 56lot.. that is alot..
No. its not a lot. Net Hedge lot reached 4 lot only. So 30 Buy 26 Sell
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  • #286
  • Apr 5, 2018 3:19am Apr 5, 2018 3:19am
Quoting tictac-nur
Revovery Zone of 100pip size.. maybe just a few cycle only.. Recovery zonr of 10pip size.. 20+cycle.. How about recovery zone of 1pip.. how many cycle can it get? How many volume you can get? Rebate heaven.. Just make sure your spread is smaller than the recovery zone size.. or else EA will fire like a machine gun.. haha..
Hi friend tictac-nur,

Is VERSION 11.0 be updated? I am waiting your perfect update. Thanks a lot for this EA man May God be with you.
  • #287
  • Apr 5, 2018 3:30am Apr 5, 2018 3:30am
Quoting tictac-nur
Revovery Zone of 100pip size.. maybe just a few cycle only.. Recovery zony of 10 pip size.. 20+cycle..
Yes its a fact, with 5000$ deposit, whatever setting you chose, one day you will face 20+ cycles and if you change multiplier from 1.2 to 1.1 after 8th cycle, you can survive up to 30 cycles but then price need to move 130+ pips to close your cycles at break-even which is not easy.

On a serious note, we need backup plan here. Lets say we start with 3000$,
SR 10,
TP 10,
Initial lot 0.05
Multiplier default TicTac v8
Broker spread 1.6,
Pair EURUSD or USDJPY

After 16 cycles, our net loss will be -1750$ (only for spreads of opened 33.57 lots. Your net hedge lots will be 3.05.
At this stage, only 2, maximum 3 cycles and your account will blow up.

What option we have here if price is still close to ping pong zone?????

If your broker's net hedge margin is zero, and also if it is SWAP free, in panic, I will close the EA and will set a pending buy stop or sell stop equal to net hedge lot (which is 3.05 lots in this example) at the same level when EA was going to open 17th cycle. If this order hits, now your Sell Trades will be Equal to Buy trades and you can hold your account blast for little time.

What's next?

1- Lets wait for market to go away from ping-pong zone?
2- Wait for the market direction and add manual trade and then add same EA again once market is away from ping-pong?
3- Take the losses?

My mind is stuck here. If we can find any solution here, this EA will be really useful and money maker. Your serious advice and brain storming requested please.
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  • #288
  • Apr 5, 2018 3:40am Apr 5, 2018 3:40am
Quoting KashifNawaz
{quote} Thanks for the explanation. Yes it has worth. I will definitely look into this. But it will not cover your losses if you have to manually close 20+ cycles. {quote} No. its not a lot. Net Hedge lot reached 4 lot only. So 30 Buy 26 Sell
Rebate generated from total closed trade. no mater profit or loss trade.. rebate count.. that mean 56lot closed trade.. that is alot of rebate
  • #289
  • Apr 5, 2018 3:51am Apr 5, 2018 3:51am
This was my situation of USDJPY last night after 16 cycles.
Attached Image (click to enlarge)
Click to Enlarge Name: 852.png Size: 29 KB
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  • #290
  • Apr 5, 2018 3:54am Apr 5, 2018 3:54am
Quoting TheBestMA
{quote} Hi friend tictac-nur, Is VERSION 11.0 be updated? I am waiting your perfect update. Thanks a lot for this EA man May God be with you.
Two way EJ Breakout System?
backtest by tick.. control point is not accurate..

Version 11 on Vacation
  • #291
  • Apr 5, 2018 4:34am Apr 5, 2018 4:34am
Quoting KashifNawaz
{quote} Yes its a fact, with 5000$ deposit, whatever setting you chose, one day you will face 20+ cycles and if you change multiplier from 1.2 to 1.1 after 8th cycle, you can survive up to 30 cycles but then price need to move 130+ pips to close your cycles at break-even which is not easy. On a serious note, we need backup plan here. Lets say we start with 3000$, SR 10, TP 10, Initial lot 0.05 Multiplier default TicTac v8 Broker spread 1.6, Pair EURUSD or USDJPY After 16 cycles, our net loss will be -1750$ (only for spreads of opened 33.57 lots....
dont worry ea will manage the risk according to your risk ratio.. if it exceed it it will cut loss.. usually on martingale i maintain my cut loss 20% of my account size.
If you want faster TP.. use smaller recovery zone size.. maybe 1-3 pip.. find very volatile market condition.. after NFP result publish..
  • #292
  • Apr 5, 2018 4:41am Apr 5, 2018 4:41am
Quoting tictac-nur
{quote} dont worry ea will manage the risk according to your risk ratio.. if it exceed it it will cut loss..
But this is not the solution dear. With default setting, drawdown already is 70% (cannot afford to cut losses here at huge loss)

Quoting tictac-nur
{quote} If you want faster TP.. use smaller recovery zone size.. maybe 1-3 pip..
It is more risky dear. I backtested this, in no time, you will have 30+ cycles and then BOOM

Quoting tictac-nur
{quote} find very volatile market condition.. after NFP result publish..
These conditions rarely come. Once in a quarter or month maybe. We are impatient day traders.
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  • #293
  • Apr 5, 2018 4:56am Apr 5, 2018 4:56am
Quoting KashifNawaz
{quote} But this is not the solution dear. With default setting, drawdown already is 70% (cannot afford to cut losses here at huge loss) {quote} It is more risky dear. I backtested this, in no time, you will have 30+ cycles and then BOOM {quote} These conditions rarely come. Once in a quarter or month maybe. We are impatient day traders.
That mean you are risking 100% of your deposit... 5000$ on the line..
You already decide your risk.. EA will take you to yoir destination.. dont worry.. be happy
  • #294
  • Apr 5, 2018 5:18am Apr 5, 2018 5:18am
Quoting tictac-nur
{quote} That mean you are risking 100% of your deposit... 5000$ on the line.. You already decide your risk.. EA will take you to yoir destination.. dont worry.. be happy
Dear friend, if you set 10% of your equity at risk, you will see 20-30% reduction in your equity. Its same like tight trailing stop loss, which throws you out shortly. To get benefit from strategy of your EA, we have to give room to play. And almost every 4th trade is closing between 13-16 cycles and 5th trade crossing 20+. So if you set 10% equity stop, you will be out at 5th cycle only.

I believe, you are not using this EA on real Forex market otherwise you would have known this. As you mentioned, you are using this on crypto currencies rather. Will be interested to know more details if you don't mind to share. Thanks
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  • #295
  • Apr 5, 2018 5:33am Apr 5, 2018 5:33am
Quoting KashifNawaz
{quote} Dear friend, if you set 10% of your equity at risk, you will see 20-30% reduction in your equity. Its same like tight trailing stop loss, which throws you out shortly. To get benefit from strategy of your EA, we have to give room to play. And almost every 4th trade is closing between 13-16 cycles and 5th trade crossing 20+. So if you set 10% equity stop, you will be out at 5th cycle only. I believe, you are not using this EA on real Forex market otherwise you would have known this. As you mentioned, you are using...
Just let the EA ride the market. You already decide your risk. There is no point of being afraid if you willing to risk it for a trade.
Cheer up.. be happy..
dont take it personal..
  • #296
  • Apr 5, 2018 5:42am Apr 5, 2018 5:42am
Quoting tictac-nur
{quote} Just let the EA ride the market. You already decide your risk. There is no point of being afraid if you willing to risk it for a trade. Cheer up.. be happy.. dont take it personal..
No dear, I am not getting personal at all. You are just giving general answers to my specific questions. Thats the problem

I gave full control to EA and it blasted my account so hence it not wise to do it again.

We cannot use this on real account unless we have backup plan after hitting maximum cycles.
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  • #297
  • Apr 5, 2018 5:45am Apr 5, 2018 5:45am
Quoting KashifNawaz
{quote} No dear, I am not getting personal at all. You are just giving general answers to my specific questions. Thats the problem I gave full control to EA and it blasted my account so hence it not wise to do it again. We cannot use this on real account unless we have backup plan after hitting maximum cycles.
Nice..
This is free EA..
I did not charge you 5000euro to use it..
  • #298
  • Apr 5, 2018 5:53am Apr 5, 2018 5:53am
Quoting tictac-nur
{quote} Nice.. This is free EA.. I did not charge you 5000euro to use it..
Much appreciated your help dear. For your efforts, updates, everything. Thumbs up

If you work so hard and gave this free to public then you can also add some backup plan as well other than cut your losses, take your remaining equity and run away.

Anyhow, I guess there is no chance of any other backup plan thats why the coder of this EA is raising his hands and saying, this is free EA for you. Wana use? Okay otherwise that's the door.
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  • #299
  • Apr 5, 2018 5:56am Apr 5, 2018 5:56am
we want v11 soon
  • #300
  • Apr 5, 2018 6:02am Apr 5, 2018 6:02am
Quoting munna00
we want v11 soon

It was already shared by TicTac but then removed due to bugs maybe.

We are waiting for v12 (with working Grid + TicTac).
Attached File(s)
File Type: ex4 tictac_nur_V11-RC.ex4   119 KB | 1,217 downloads
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