tictac-nur@Zone Recovery Management EA | Metals Mine

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tictac-nur@Zone Recovery Management EA

  • #1
  • First Post: Edited Feb 14, 2019 8:32am May 6, 2016 8:35pm | Edited Feb 14, 2019 8:32am

THREAD CLOSED

  • #2
  • May 6, 2016 10:01pm May 6, 2016 10:01pm
hi,
Thank for this EA to try ?Could you tell what the best works pairs its run.?
Thank you
  • #3
  • May 6, 2016 10:05pm May 6, 2016 10:05pm
hello
can we use it with us broker with FIFO rules which not allowing heading?
regards
fred
  • #4
  • May 7, 2016 5:56am May 7, 2016 5:56am
Hi tictac, it seems very promising!
Are you trading in demo or already in real?
Tomorrow I will try it and play in backtest, thanks!
I am looking for an ea that have very small drawdown, I will try it!
  • #5
  • May 7, 2016 6:07am May 7, 2016 6:07am
This is an old FOREXFACTORY EA RENAMED AND REBRANDED.
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #6
  • May 7, 2016 7:00am May 7, 2016 7:00am
I tried the ea but no positive results for me, plus if I test it with 100 dollars account and account tipe 10 it didn't open any trade... please share your results and set file thanks!
  • #7
  • May 7, 2016 2:37pm May 7, 2016 2:37pm
You can set up some recovery strategy only limited by your imagination.
You will find out that they all work until your luck runs out.
There is no strategy in the whole universe that can turn a loser into a winner unless the market gives it to you.
  • #8
  • May 8, 2016 7:34am May 8, 2016 7:34am
Quoting Mianlien
hi, Thank for this EA to try ?Could you tell what the best works pairs its run.? Thank you
Best to work with pair with small spread and trending market(EURUSD/USDJPY). High spread pair and ranging market will increase drawdown especially when the recovery zone algorithm is activated.
  • #9
  • May 8, 2016 7:35am May 8, 2016 7:35am
Quoting fredgold3434
hello can we use it with us broker with FIFO rules which not allowing heading? regards fred
HedgeRecovery Mode is not FIFO compliant.. because it open buy and sell at the same time. With FIFO broker user can disable hedgerecovery function. All trade will close when profit target is hit or cut loss target is reach.
  • #10
  • May 8, 2016 7:40am May 8, 2016 7:40am
Quoting sylbolid
Hi tictac, it seems very promising! Are you trading in demo or already in real? Tomorrow I will try it and play in backtest, thanks! I am looking for an ea that have very small drawdown, I will try it!
Thank you. I use it on my real account. But i did not use auto entry option.. (AutoEntry disable).

I just use my manual trading entry technique. I just need to key in my estimated stoploss. The EA will automatically calculate recommended lot size for my manual entry. After that i enter the market manually. EA will close my trade after profit target is hit. Or if market goes against my trading... Zone recovery algorithm will try to recover my losses.
  • #11
  • May 8, 2016 7:49am May 8, 2016 7:49am
Quoting sylbolid
I tried the ea but no positive results for me, plus if I test it with 100 dollars account and account tipe 10 it didn't open any trade... please share your results and set file thanks!
1) Stoploss : is the most important factor... if it is too small... market may go against our trade and activate the zone recovery algoritmn ... the more cycle/orders it trigger the higher drawdown its get.
I personally trade on daily chart.. so my stoploss will be arround 100-250pips range.

2) HedgingMultiplier: to completely hedging my open trade if market goes against me i just need to set it as 1.0 x
so if i got 1.0 lot buy order.. if market goes against my trade and reach my stoploss price.. 1.0 x 1= 1.0lot sell will open
= complete hedging.
To activated the recovery algorthmyn multiplier should be set >1.0 (example: 1.2/1.25/1.3/1.4/1.5/2/3/4....etc) The higher the multiplier the bigger asymetric hedging position open.. the higher the chance to exit the trade with profit... BUT it will also increase dradown if market ranging arround the recover zone.. so we need to balance the multiplier with risk... i personally use 2.0 multiplier on my daily chart trading.
  • #12
  • May 8, 2016 8:02am May 8, 2016 8:02am
To completely understand how this zone recovery function. Try to listen from this guy speech:

https://www.youtube.com/watch?v=Gbrf7nCDCpA
  • #13
  • May 8, 2016 1:15pm May 8, 2016 1:15pm
Quoting tictac-nur
To completely understand how this zone recovery function. Try to listen from this guy speech: https://www.youtube.com/watch?v=Gbrf7nCDCpA

Very intresting idea! Subscribed.
  • #14
  • May 8, 2016 1:46pm May 8, 2016 1:46pm
you have 3 TE's in your profile, but non seem to correspond to the method...

do you trade this live?
if yes, do you mind to show how a TE looks like on live with this?
there is always, always another trade!!
  • #15
  • May 10, 2016 9:36am May 10, 2016 9:36am
Hi,

In my MT4, do not open a trade. Everything is set. Why?
I tried Tester strategy and the same.
I tried it on two brokers.
Thanks
  • #16
  • May 10, 2016 9:42am May 10, 2016 9:42am
Quoting Dymil
Hi, In my MT4, do not open a trade. Everything is set. Why? I tried Tester strategy and the same. I tried it on two brokers. Thanks

Try run it with fixed lot...
  • #17
  • May 11, 2016 7:07pm May 11, 2016 7:07pm
Quoting Beertje
{quote} Try run it with fixed lot...
Fixed Lots or Not, I can't get this EA to work. I am not a newbie.
  • #18
  • May 29, 2016 8:09am May 29, 2016 8:09am
Update: Version 2.0
- no need to manually enter account type. (Automatic Detection of account type added)
- Currency_TP : Take profit once currency target is reached.

Backtested on EURUSD on daily timeframe from 2008 data
Attached Image (click to enlarge)
Click to Enlarge Name: s1.jpg Size: 308 KB

Attached Image (click to enlarge)
Click to Enlarge Name: s2.jpg Size: 311 KB
Attached File(s)
File Type: ex4 tictac_nur_V2.ex4   31 KB | 2,872 downloads
  • #19
  • May 29, 2016 8:35am May 29, 2016 8:35am
Quoting tictac-nur
To completely understand how this zone recovery function. Try to listen from this guy speech: https://www.youtube.com/watch?v=Gbrf7nCDCpA
This guy is full of bullshit.
Trade without SL? Really? The swaps will eat your account in no time if you do that.

The irony is he says use only price,no one has crystal balls ,don't listen to others,yet he uses moving averages,macd,cci and other indicators.

He is a good seller but not a trader.I am sorry for the people who paid to attend there.
  • #20
  • May 29, 2016 8:51am May 29, 2016 8:51am
Will blow up your account I assure you. If you get lucky and make 100% withdraw your money and run right away. Or, start small make 100% withdraw the profit. Then start over. On second attempt let it roll to 200% then withdraw the 100% profit. Then up to you, let the third attempt roll until it blows up or do the same. Make sure you always withdraw money because this will blow up someday.

I've seen someone here did a martingale live and turned $5,000 into $44,000 and did not withdrew until it blows up. ouch.... got too greedy
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