Yes I do understand. That approach is also used in: LazyHedging Trading Ideas | Forex Factory And I give you that it is a nice approach which I will investigate next. Right now though I am trying to understand the money management aspect in Zone ...

Sustainable Martingale EA and Strategy

Wonderfull - got myself a nice trade right away

Trading Made Simple(r)

I find this a little borring. I have set the robot to show only possible continous trades (Colour of Hull changes back and forth without crossing the 5EMA). One account on 30M and another at 4H. Nothing much is happening. Have to say though, that I ...

Trading Made Simple(r)

I am not trailing however. My latest EA exit all trades at x% profit compared to the Account Equity. And then call it a day. Taking a small percent every day is quite easy and it sums up over time.

Sustainable Martingale EA and Strategy

No problem. I do understand what you are writing. I am using group stops in another strategy where I trade baskets.

Sustainable Martingale EA and Strategy

Jep, that is a fine suggestion. However one of the advantages of Martingale is, that you are independent of temporary drawdowns and this is no longer the case with a trailing stop. But I know there are strategies with this approach.

Sustainable Martingale EA and Strategy

I use a zone/TP relationshif of 1:3. The fixed zone is 20 pips. That makes the TP 60 pips. But for some instruments 60 pips is to much and others could take a bigger TP. So I think that we need to make the zone dynamic according to ATR. But ATR is a ...

Sustainable Martingale EA and Strategy

Well - The Martingale have to be precise. So it has to work on the actual bar - cannot wait for the bar close. Hence Renko does not work on this strategy. On Renko you are working on the closed bars.

Sustainable Martingale EA and Strategy

I just stumled over a video with somebody that made an EA using Renko to the Martingale strategy. Have any of you tried that. Renko take away some spikes and that could prevent some of the zone wall hits.

Sustainable Martingale EA and Strategy

Thank you. I feel that I am on the right track. I will demo trade now. Thanks again. Regarding the loss. It is vital to understand (of cause you guys does), that we are not loosing every lot we bought. The loss is at the last trade only because we ...

Sustainable Martingale EA and Strategy

@Drolph Thank you very much. It was more than expected. Believe me - I have been crunching figures all night . Have a nice spreadsheet now. I think that it is best if there are some bars inside the zone. If there were only room for - say 1 ...

Sustainable Martingale EA and Strategy

Hello Drolph I will not ask you to reveal your secrets, so just say no if I am getting to close. I have found the Zone Recovery system and made the robot. I am taking the trades manually using some confluence indicators. Then the robot is handling ...

Sustainable Martingale EA and Strategy

Glad to help

Trading Made Simple(r)

I am a little uncertain if you need the "Allow DDL" to be tagget.

Trading Made Simple(r)

It could be one of these: Did you remember that it is an EA which must be placed in the Expert Advisor library? I uploaded a Hull indicator. You must place that indicator in your indicator library. Trading must be allowed. Both at the top of your ...

Trading Made Simple(r)

I had one signal from my new robot this afternoon. It is going quite well.

Trading Made Simple(r)

About the over-x areas: On the long trends the price can run for quit a while in the over-x areas. This is where the really big money are. Many people think that the traditional behaving in oversold and overbought areas are relevant in stock ...

Trading Made Simple(r)

Well - it seems like it works in my end. This will be a fantastic time saving tool

Trading Made Simple(r)

What do you mean??

Sustainable Martingale EA and Strategy

The only thing I can see is that the low was at same level as a spike 3 bars before. So it did not break the level. If you had waited to the next bar close it would have been an indecission bar and at that time the clue came not to trade the signal. ...

Trading Made Simple(r)