I don't usually trade this pair. The ADR is around 100 pips. So I ran the test for 2014 (I don't have data before 2014 for this pair), results was not impressive but profitable. Anyway I mentioned earlier that the Ladder System will experience poor ...

The Ladder System

OK. I saw your test details. Apparently your broker is a 5-digit broker (3-digits for JPY crosses). In this case when you put 300 as step size it means 300 points not pips where a point is equal to 0.1 of a pip. So in this case if you mean 300 pips ...

The Ladder System

Step size is very important depending on each pair. So in order to not get stopped so often I recommend using a step size of not less than ADR and SL of at least the same or bigger. It is also important that depending on the margin required for the ...

The Ladder System

The bet was that he'll pay me $500 on Monday if that order lose, I am sure I will not hear from him soon. It was a small order any way.

Only Gold!

Yes, You're right, got it fixed and updated in post 26 and first page.

The Ladder System

5 should work fast, I will check it.

The Ladder System

speed will depend on Maximum number of Open Orders, how many did you use ?

The Ladder System

I closed all my longs starting from 1134 til 1155 at profit waiting for next week action. Its worth to mention that I opened a stupid short order @ 1145 with SL @ 1165 and Target @ 1100 as a bet between me and a (friend) who claimed to have inside ...

Only Gold!

Kindly disregard all previous versions of the EA as they were developed quickly without proper testing. And lets consider this as the first version, I will also keep all versions in the first post. This is the simplest version, where we have : Fixed ...

The Ladder System

I removed all occurrences of the EA as I am working on a stable version and will post as soon as I test it. hopefully Today. Stay tuned.

The Ladder System

Sure. I 'll do version control and keep the updates on the first post.

The Ladder System

I got the general idea. However my system is a trend following system. Hence using stop orders only.

The Ladder System

You are right. I did a quick fix on the version I have at home (attached), and SL trailing should be OK now. But I think the whole EA needs a serious review as I wrote it only today just to explain my idea. Tomorrow I will review the whole EA and ...

The Ladder System

I am home now so the wife will get angry, but whats the heck, I will check it.

The Ladder System

Thanks soros. I got your PM.I prefer the fixed size steps of the ladder (similar to constant range bars:CRB) over daily candles.I will look at the link you attached though.

The Ladder System

I think it does move SL. I am away now texting from mobile. I will check it once I have a chance. Thanks.

The Ladder System

I couldn't stop my self from testing this on Gold I used step size of 1000 (10 dollars) and maximum orders of 5. As you can see the system will produce many loss and BE trades, but the few ones that climb the ladder will compensate.

The Ladder System

I fixed an issue in deleting pending orders. Updated version attached. EDIT : EA removed as I am working on a stable version. and will post as soon as I test it.

The Ladder System

It is important that the profit generated from each new order (before opening a new order) is greater than the margin required for the new order to avoid eating up available margin. This can be controlled again by the step size (the wider the ...

The Ladder System

I think it will be also safer to set the step size greater than the average daily range (ADR) for the traded instrument.

The Ladder System