This will need real live prove trading, i am testing it now, i will talk once I get good result, unless it just waste the time.
Suggestion I will make a Free EA with your Indicator
- Thread starter winidecorw
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Mr tanaka please when you have time at least check this one
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Mr Tanaka all new update EA have a bug. they could not pick any trade after picking two trade each. pls cheak and remove the bug. there are signal and arrow but trade are not executed or no trade
I have an idea for first improvement of big open losses. In Super arrow there is a problem that first two trades are sell&buy but after that, if markets goes in bad direction, EA add only buy trades and no sell trades. At this case, after some time, there is horrible situation. But first rule of all trading, manual & automatic as well, is PROTECT YOUR CAPITAL. ANd adding to lossing position without any other inteligence is WAY TO HELL and exact the opposite way. Trust me, I know it from my manual trading. When I learned rule No.1, I finally find the profitable way. So, we can't add to lossing trades & also some stop loss for that trades isn't also the way because entry signals are old and at this situation there doesn't work any strategy to show you how far the stop loss will work.
The only way should be minimize your losses.
There could help us some system of hedging.
What is first idea of this EA? Make a $1. With starting of 0.01lots. And this should be still the main idea. Why I need 50lots position to make $1? It's a stupid way.
My idea of hedging is this:
If we open BUY trade 0.01 and it goes against us (for example 50 pips), we open another BUY trade 0.02 pips. OK. At this moment we have BUY 0.03 lots. If price still goes agains us 50pips, we open BUY trade 0.04lots & also SELL trade 0.06lots. At the same time. OK. AT this moment we have 0.07lots BUY & 0.06lots SELL and loss $20, what is nothing important. And now, we can wait for our profit. If market reverse finally back and goes UP, we still have together positive 0.01lots, as on the begining, when we want to make $1. And if price goes against us, we have just 0.01lots negative what is not WAY TO HELL, every 100 pips it's loss $10. And after some defined pips. For example 200 pips, we can try to open another group of trades in double size but also, if it goes agains us, we make one hedge trade in opposite direction.
I think, with this system, we can rescue from a really long long trend moves..
For sure, during this recovery process we still can open SELL trades from SELL signales because if first group of BUY trades still isn't in profit, it means, we are probably in long down trend and we can profit from SELL trades.
If Mr. Tanaka can make something like this in some EA, it could be very helpful.
We don't need to make a lot of money on one pair. We need to make a money in long term run and you can acumulate profits from more pairs with little drawdown..
I hope, it will be helpful for all..
The only way should be minimize your losses.
There could help us some system of hedging.
What is first idea of this EA? Make a $1. With starting of 0.01lots. And this should be still the main idea. Why I need 50lots position to make $1? It's a stupid way.
My idea of hedging is this:
If we open BUY trade 0.01 and it goes against us (for example 50 pips), we open another BUY trade 0.02 pips. OK. At this moment we have BUY 0.03 lots. If price still goes agains us 50pips, we open BUY trade 0.04lots & also SELL trade 0.06lots. At the same time. OK. AT this moment we have 0.07lots BUY & 0.06lots SELL and loss $20, what is nothing important. And now, we can wait for our profit. If market reverse finally back and goes UP, we still have together positive 0.01lots, as on the begining, when we want to make $1. And if price goes against us, we have just 0.01lots negative what is not WAY TO HELL, every 100 pips it's loss $10. And after some defined pips. For example 200 pips, we can try to open another group of trades in double size but also, if it goes agains us, we make one hedge trade in opposite direction.
I think, with this system, we can rescue from a really long long trend moves..
For sure, during this recovery process we still can open SELL trades from SELL signales because if first group of BUY trades still isn't in profit, it means, we are probably in long down trend and we can profit from SELL trades.
If Mr. Tanaka can make something like this in some EA, it could be very helpful.
We don't need to make a lot of money on one pair. We need to make a money in long term run and you can acumulate profits from more pairs with little drawdown..
I hope, it will be helpful for all..
And for speed improvement I think, forgot all special indicators. RSI oversold/overbought is enough as entry signal. Especially with period 21 & or divergence in place. I use it in my manual trading for a long long time.. Maybe it will make EA faster.. I think it could be good to make it from begining and forget old codes from other EAs. There is really some speed proble, probably in some old rules. IMO. Really thanks for your hard work... I don't want to be rude, I want to help to make EAs better ;-)
Hi just to clarify , so far i believe this tread is for create EAs wich different ideas , luckily we do have Mr Tanaka , is doing such great job as freelance , never ever see him asking for Money , ( good samaritan ) for the news just arrived , please do not be lazy and read 300 pages of hard working for us ,share what you can believe will be good for all , do not keep secret do not PM ( mister or Mistress ) , be true and will we be compensate , do not just put your indicator and expect the eas straight away be patient , all god ideas is good idea .
if you have a such good account $$$$$find the correct Forum to talk we are more humble people , we like to share stuff we not greedy and we not show in off what do you have
if your EA making hundresd or thousend or if your strategy is good , you have 2 option one share or go to F ( word ) yourself in different place .
just to clarify.
if you have a such good account $$$$$find the correct Forum to talk we are more humble people , we like to share stuff we not greedy and we not show in off what do you have
if your EA making hundresd or thousend or if your strategy is good , you have 2 option one share or go to F ( word ) yourself in different place .
just to clarify.
bitcoinrealnews
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Hello Tanaka, i love ur work and i have a good indicators to try... let me know if u can make this EA...
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With which EA? Thank you.
Hi, this ea use very simple marti strategy , but since it use serial can not be shared here, but i can easily explain, and easy in manual, in fact with a little update can be used using Tanaka template, i deposit in middle dec, and it make profit around 400 now, but as Marti EA, there is alway risk involved, the ea add buy limit and sel limit, once activate with distance based on set, this trdae use ten in first and than 5pip every new trade, and add additional trade when it goes to opposite direction by multiplier in this trade use 0.01, 0.02 and 0.03 with take profit $2 EU only. blowout in one account and make 400 in another account
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Which EA? Did you change Magic number?
no, use orginal magic number,i think if use one TF is not problem, but if ea put at multi TF have this trouble
