Meet Joe Black
Fun Poster
- Messages
- 642
- Joined
- Oct 13, 2009
- Messages
- 642
- Reaction score
- 429
- Points
- 31
Backtest accuracy - 50% (u can't trust this)
Demotest accuracy - 80%
Livetest accuracy - 100% (This u can trust, at lease 6-month livetest)
A lot of free EA out there similar to this concept, but the
secret sauce is TP, gap hedging and lot sequence setting.
The above is made with TakeProfit = 20, HedgeGap = 20.
Be noted that TakeProfit and HedgeGap should be in multiples of
each other. BUT If your broker allows 0.01 lots, then you can
trade with multiples of 10 assuming you trade 0.1 lot initially.
Dont make the HedgeGap small. 20 is an optimal size.
A wider HedgeGap will increase the lot sizes.
A smaller TakeProfit will increase the Lot sizes too.
So tweak your trades accordingly.
Margin is your primary concern; as long as you have the margin
to keep going, you will win. Only trade 0.1 lot per 50K 100:1
leverage. But if you have a 400:1 leverage, you can trade with
just 10K earning 20~60 daily. Again the profit isnt much but
sure beats putting the money in the bank.
Demotest accuracy - 80%
Livetest accuracy - 100% (This u can trust, at lease 6-month livetest)
"semakin hit stop loss semakin profit..."
A lot of free EA out there similar to this concept, but the
secret sauce is TP, gap hedging and lot sequence setting.
The above is made with TakeProfit = 20, HedgeGap = 20.
Be noted that TakeProfit and HedgeGap should be in multiples of
each other. BUT If your broker allows 0.01 lots, then you can
trade with multiples of 10 assuming you trade 0.1 lot initially.
Dont make the HedgeGap small. 20 is an optimal size.
A wider HedgeGap will increase the lot sizes.
A smaller TakeProfit will increase the Lot sizes too.
So tweak your trades accordingly.
Margin is your primary concern; as long as you have the margin
to keep going, you will win. Only trade 0.1 lot per 50K 100:1
leverage. But if you have a 400:1 leverage, you can trade with
just 10K earning 20~60 daily. Again the profit isnt much but
sure beats putting the money in the bank.
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