thread: tictac-nur@Zone Recovery Management EA

quote Until now how many cycles EA did to close your transactions? If you begin from 0.25 lots after 7 cycles of EA you hit 32 lots. How can you to exchange large unless you're rich? Just curios

Until now maximum 3 bicycles. Depends on volatility and session/trade timing. If you'll keep trading over and above then there is high chance of being immobilized. Better look for some kind of dash or look at price chart, in volatility, you know that, figures move fast. I know I am taking risk, so far lucky.

My first deposit just $5000 (leverage 1:1000). Not so rich so far

Hello Dear TicTac (Tukang) Dont understand your real name.

I have 2 observations for variation 8

1- Magic Number isn't working. If we alter magic number from 0 to any other number, it does not take good care of manual entry (I din't try automatic range breakout entry). I wish to put this EA on same pair EURJPY but on 2 unique charts with different number. Lot dimensions and TP goals will be different in each chart. Could you please check?

2- EA is in pursuit of TP green pips (which is great) but there ought to be option to contemplate last transaction pips. Allow me to explain;

When we set TP SL in 20 pips, and struck SL, it will not close all positions unless Green Pips - Red Pips = 20 Pips.

For instance:

1st bicycle - BUY EURJPY 0.01 Lots / TP 20 Pips / SL 20 Pips / Multiplier 2
2nd bicycle - Hits SL, new positioned opened SELL EURJPY 0.02 Lots
3rd bicycle - Hits SL again, new positioned opened BUY EURJPY .04 Lots

Now marketing going up, 2 Buy Positions in Green and 1 Economy position in Red. Once price reach 20 pips over buy order, it should close all 3 positions because 40 green pips of both buy positions (0.01 $ 0.04) are larger in $ compare to 40 red pips of market order (0.02). But EA will not close orders unless reached 40 pips over the past opened order. 40 pips over pips will be 40 40= 80 pips and red pips will be 60 so web will probably be 20 pips. Pursuit of green internet pips could be dangerous as market may lead to opening of another cycle and can reverse. So better TP ought to be hit based on the past transaction.

When possible, we could add this option of original TP based on past transaction,
*NET PIPS (which exists currently)
*TP (it should be linked with last opened transaction - once struck, all of cycles ought to close)

Hi Dear,

I have one dumb concept, please ignore if you do not enjoy this:--RRB-

Could we create this EA a sword that is secondhand? Means keeping everything if we can start 2 cycles at the same chart at exactly the same time in other directions?

EURUSD (with double sword ), as soon, as we start the EA,
it unlocks two orders at the same period, BUY 0.01 and Economy 0.01 and TP/SL is 10 pips and pips is 2 (only for simple calculations)

Let assume, price moves 10 pips up, TP of all BUY 0.01 strikes, SL of all SELL 0.01 strikes and opened another BUY 0.02. Here as you can see, we have additional 10 free pips while awaiting start 2nd cycle. EA will take care of restarting commerce.

Currently continuing this thought, if we can add this purpose, buy sell orders started at the same time and after that they should continue separately (maybe with different magical numbers) and manage their own cycles and trades own without interrupting each other. It'll be a constant process (without needing range breakout). Magic number can be fixed by you, if that is not possible. When it work, then even same pair, we can open 2 charts, on first chart (Lets say SELL chart), we can start sell-buy-sell cycle and on 2nd chart (BUY chart), we can start buy-sell-buy cycle (with same multiplier setting as well as same SL/TP). This will keep us living and will save our margin amount. Once cycles shut, it should be opened on the same chart.

Please ignore this if you didn't like this thought. I'm trying the same on demonstration on 2 distinct associated pairs (BUY EURUSD - SELL GBPUSD). Will Inform You about results

94084

I agree. You can't sleep with it. Occasionally there's a transaction during a period that is quiet and the spreads are enormous. And don't even think about positions over the weekend due to the weekend gaps. As for news, I'm not an expert trading the news, however I do understand this. Throughout USD news, occasionally my stop loss isn't reliable and that I shed some pips. What I mean is that I shed more than the stop loss and that even though I place a stop loss, the stop loss isn't respected. As GBP news, I don't understand if Stop losses are respected or not. Does anybody...

Your strategy is much better than me. Since I trade major red news on Demo. After getting hope on hitting SL TP levels in volatile market, will move to call home.

94083

quote Your strategy is much better than me. Because I trade major red news on Demo. After getting hope on hitting SL TP amounts in sharp volatile market, will proceed to call home.

Maybe AFTER red news. Lately, the spreads are watched by me on red news and they can be very significant. Try to see ch the spreads on your real account. Just see. Do not trade. You will realize the spreads get so significant.

94083

quote Until now max 3 cycles. Determined by volatility and session/trade timing. There is high chance of being immobilized, if you'll keep trading over and over then. Better look for some sort of dash or look at price chart, in high volatility, you understand that, figures go so fast. I understand I am taking risk, so much lucky. My initial deposit just $5000 (leverage 1:1000). Not so wealthy so far

Which broker is that you with 1000 leverage?

94083

quote Maybe AFTER crimson news. Recently, I see the spreads on reddish news and they can be big. Attempt to see ch the spreads in your actual account. Just see. Don't trade. You will realize the spreads get big.

I do concur dear.

I dont exchange much, only 1 trade for experience. Will learn

94083

quote Which broker is that one with 1000 leverage?

There are many brokers that offer 1:1000.

I am using FBS that allows upto 1:3000 but using various caps. Upto $5000, you can appreciate 1:1000 and the best feature is, if you lock in a position (by hedging same pair) then it uses only 10 percent of actual margin. I am using since some 6 months although I am not affiliated with them.

94083

Hello Dear, I have one dumb concept, please ignore if you don't enjoy this:--RRB- Could we make this EA a two-sided sword? Means keeping exactly the same, if we could start 2 cycles in the same chart at the same time in opposite directions? EURUSD (with dual sword on), just as as we start the EA, it opens two orders in the same time, BUY 0.01 and Sell 0.01 and TP/SL is 10 pips and multiplier is 2 (only for simple calculations) Let assume, price moves 10 pips upward, TP of BUY 0.01 hits, SL of SELL 0.01 hits and opened another BUY 0.02. Here as you can see,...

This notion is quite risky since you're entering the market randomly.
Some time you'll be blessed EA closing both market buy in profit but there will be occasions were EA will increase cycles and you blow the account such as during ranging markets.

The bottom line is: use this EA very very attentively

quote This notion is extremely risky since you're going into the market randomly. Some time you will be blessed EA closing both sell buy in profit however there will be events were EA and you dismiss the account such as during ranging markets. The main point is: use this EA very very carefully

I know its risky, almost every martingale egy was designed to dismiss accounts but imagine, in this manner, all positions will be just locked 2=2. So margin is going to be utilized just 10%. I would like to test this on demo.