Tanaka San , have you read my previous post , ??
Here Repost it with My Forward Test Result , may you consider my request .
TWIN EA (Improved Hedging EA)
Idea For Tanaka San or other Coder here .
Twin EA for Improved Template, as answer to Tanaka San challenge to give Idea to improve already coded EA.
I Knew my Idea little bit difficult to code, but t think its very good idea worth to try, so consider try code my Idea if you have time and mood to code it.
I already try it in FT (the only way to test since the EA not compatible with the Idea , yet) and I think its sound idea, but the test is so slow since its real Forward test (since the EA not compatible with the idea so I use little tricky way, I run TWO same EA in same pair one buy only and one use sell only)
THE PROBLEM
1. In some time EA will face time when it will suffer big drawdown , in one side ,... order Buy but price continue to drop or vice versa.
2. We Already try some different strategy in hedging but only little help, some even make worse.
3. We can let EA make Buy and Sell in same time , but we have no control buy side or sell side. it will ruin each other side since run in one EA and run in one logic. ex. martin not work correctly each side, do not close profit opportunity since other side is loosing, buy and sell do not balance and nothing we can do etc., .
THE IDEA
Basically its Hedging IDEA
to cope with problem above , so lets make TWIN EA , Two EA combined in ONE EA , with same Logic same Template but work separately, only difference is one make SELL Only and ONE make BUY Only. It will automatically counterbalance each other . one side continue to make drawdown , other side will continue make profit to balance it.
In real trade even better strategy can be implemented, if one side continue to make big drawdown (and tend to dangerous because martin) , we can make little tweak on the fly, ex. if BUY Side make big drawdown and lot size already too big and dangerous , price tend to continue Dropping, we can make little tweak stop the BUY Side to make more order and change setting in SELL side increase lot size in sell side or increase max trade in SELL side to counter balance and lot size will balance and relatively save even total lot size is big since balance sell and buy. This strategy can make us have big profit in difficult time and still relatively save.
Almost perfect Hedging strategy since run in same EA, same logic , same Pair, same TF and we can control each side separately to counterbalance if needed.
THE CODE
To code is simply make Two separate Template use same logic , same indicator, work separately in same EA , and separate setting ( The Idea is simple but maybe little tricky to code since two template have to work separately) , no filter needed (except news filter maybe).
The EA template can be implemented in any EA with relatively frequent order both side, so if one side make wrong order (drawdown increase) other side will relatively quick to counterbalance it.
Really hope its possible to code and can make the idea reality.
Regard.
If you consider my request , you can start with two of your EA attached here , but not limited to only the two that I already tested and seem the strategy worked.
Here Result Forward Test with 8 Pairs EA Price action Trend
