As for your suggestions on SL: Hidden SL : Can be done easily. Advantage : Hidden from brokers and stop hunters Dis-advantage : More slippage compared to pre-set SL Applying SL at candle closing compared to pre-decided SL: Risky Many times spikes ...

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Welcome aboard Terry. I myself don't have so much experience in MQL4. However I am an expert in Database Application Development. I self learned MQL4 about a year ago. Its not complex at all if you have experience in other programming languages. ...

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Great thoughts Ty, You know what worries me about such an EA is its reliance on only one indicator (HA). Well actually HA is not an indicator, it is just another way of representing the Open and Close of the price bars or candles.

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Its worth to note that two of the robots discussed so far, namely Ladder, and CLS_LWR do not represent complete systems. They are rather Methods of : Position Management in Ladder using price range Trade Management in CLS_LWR using time range Those ...

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From experience with compounding systems similar to the Ladder system, or the system suggested by TyLamai, I think using Reducing position sizing is better than using fixed or increasing position sizing for consecutive orders of same direction. I ...

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The system is clear and should do well in trending markets. Leaving cosmetics aside for now, yes it can be done.

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While on it. I have a question. Using the system would you Close&Reverse on Opposite Signal (regardless of TP or SL).

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Thank you thodie. I've already developed a similar system (in the early days), I called it "Price Trap". Actually I managed hedging in a better way than doubling. One of the members PM me about such a system recently, and I promised to include it in ...

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Don't worry liruiliang. I am going to develop the system. Hopefully by Saturday. Stay tuned,

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Guys, with all respect, please No more videos. We all can access youtube and find million similar videos. Let's stay on course here. Thank you,

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Any one did really watched those 3-hour videos. If yes, would you be kind to brief us on the contents. (Bullet points if possible).

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Great, so the credit for this system goes to ochuko. And for those who want turn this idea into an EA, please make your voice heard here : I'll be the 1st supporter. You need just 4 more.

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Welcome aboard Rooi. I hope you'll enjoy the ride.

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Thanks for your input Matts and Sorry for the late response, as I spend most of my free time in "Robot Lab". The "Big Candle" will be discussed and hopefully improved in the Robot Lab. Join us there if you like.

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Ladder_System_01 : Status of Live Demo Trade (Ref. Post 61) Trade Update : Second trade is still going on, 5 orders are open. SL is trailed for all orders @ 1.22133 with TP @ 1.21583. Profit reached a total of 150 pips yesterday but didn't reach TP. ...

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Well described system with supporting charts. This is exactly how robot ideas should be introduced. I see that you posted the same request at the "I will code your EAs and Indicators for no charge" thread on Dec. 16th. And their response to you was ...

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CLS_LWR_02 : Cut Losses Short - Let Winners Run Version 2 (with added SL, TP and Trailing Stop Inputs). To disable any of these inputs put it as large number (i.e. 99999). Testing results were better and draw downs are lower. Please note that this ...

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Does data quality has a major effect on higher time frames say daily, weekly for example.

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No offense --> Non taken. I need criticism more than praising. optimization without good, valid data is useless.. --> If you're referring to the optimization results just posted. These are actually not optimization, non of optimization options were ...

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CLS_LWR_01 : Cut Losses Short - Let Winners Run Optimization Results for H4/D1/W1 Eur/Usd 2014, starting balance as always $10,000. and Still using the posted version (no TP, no Trailing stop : Close at Test Stop). image Although this system looks ...

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