Diversifying technique if I am not wrong could be initiated anytime when your positive trades is heading into a precipice. He called it diversify in place of closing. To think of several layers of stack positions in a given pair and the market ...

Building an equity millipede

Consider hedging when your trade is reversing. It will freeze your profit. Close it once it return back to the trend.

Building an equity millipede

It works for me. My equity is steadily rising. One approach is the use of hedging. It will freeze your dd while allowing time to plot your next move as market move. One way of cutting your dd is to close a equivalent loss against a positive trade to ...

Building an equity millipede

Guys: When do you consider a trade is a loss? I never used SL, sometimes reaching 300 pips dd for weeks until it finally exhausted and moved back to where it started. If it turns North I have to ride on, recovering all my dd back.

Building an equity millipede

I tried Pitbull with some success. I usually run the pairs couple of hours after the closing of NY time when the market is relatively quiet. A couple of hours after the pairs were set up and running, I will then determine the market bias of the ...

Pitbull Trader with Position Building

Hi! Vee, Glad to know that you are having success with the System. I am still struggling with my trading a little bit. Distructed following development of several EA and I am not going anywhere, until I found a kind of variation in my entry method ...

Building an equity millipede

If you are based in the US/Citizen/US Broker, the regulation is First-in-first-out (FIFO). Need to close first the first one before the 2nd position.

Building an equity millipede

Backtester — The built-in back tester is asking an EA, but I guessed there is some way to do it for manual system. Would appreciate if someone out there can help. Edd

Another simple system - Time-Frame 15

My second post. I have been following this awesome thread for sometimes but stayed in the sidelines. Trying the setup and strategies work-out for me, but missed the London Open as I live in Toronto within the NY Open. Just want to throw in for the ...

Another simple system - Time-Frame 15

ie: 1.2600; 1.2700, 2800 price levels

Another simple system - Time-Frame 15

LhDT, Would appreciate very much to explain how your indicator exactly do. I tried to put the "order" line infront of the PA as I thought it will triger a trade. Nothing happened like that. Does the trade close when my "SL" is hit, does it closes ...

SAFT System

This could be the problem with the Sell EA. Send single trade should be OP_SELL: RefreshRates(); if(Bid < Var1) { double stop = NormalizeDouble(Bid + (StopLoss * Point),Digits); if(StopLoss == 0) stop = 0; double take = NormalizeDouble(Bid - ...

Nb 10.0 trend trading system

Some Errors on EA — Bob, Cathing up with your new system. I occasionlly pip-in to your thread for some new development. I would like to thank you as well as the number of people (FMUIR, CANDLETIGER, and others) in coming up with a great ...

Nb 10.0 trend trading system

Seller, You might want to consider develping a system with several modules. Main module will contain all the necessary task that is common to all the sub system. All a user need to do is to link main module to the other whichever system they want to ...

Experts Tool Box

Chips, Thank you for your reply. This is basically where I am tryig to understand and hard to adopt. I know the need to hedge to freeze my dd. There were times that I have to place a hedge as fast as i can (at least 15 pips dd) when I noticed that ...

Pitbull Trader with Position Building

Seller9, I missed this one, but thank you anyway. Edd

Experts Tool Box

Courtneywild, I am applying contrarian trades, sometimes it works, but you need to have the reversal momentum and timing as well and ride on and close as profit appear. Some discribed this as a rubber band effect. Like when I am in 150/250 pips dd, ...

Pitbull Trader with Position Building

Courtnyewild, Yep. For example right now I am on dd on the xxxjpy pairs. I am anticipating it will turn back added several positions thinking to ride when the trend will reverse, but it just keep climbing up. Edd

Pitbull Trader with Position Building

Courtneywild, Thank you. Yes, it takes practice. One scenario that I am not comportable is how to get out of dd when it reached 250-300 pips or more on a single pair. Sometimes I am anticipating that it will revert/turn back to where it came from. ...

Pitbull Trader with Position Building

Courtneywild, So far, I am learning something new with the Pitbull strategy. My problem most often though, I ended up sending hedges (hedge the hedged) up to 4 trades in a pair. I then close all the 4 trades when everything/profit balance to avoid ...

Pitbull Trader with Position Building