BTC USD 62,127.0 Gold USD 4,328.60
Time now: Jun 1, 12:00 AM

Hedging during GBP Market Time

For stage 2 (and stage4), you don have to delete PO sell stop, so in stage 3, u only need to reopen PO buy stop 10 pips apart with SL 10pips [0.2 lots]

1) When the Buy PO is triggered n becomes a market Buy Order, the lowest possible price is the Buy Order SL [0.2 lots]. There is no possibility of the price going beyond that to trigger the Sell PO with existing Buy orders still opened. In other words all Buy Orders must be closed, either all hit SL or hit targetted TP before it can cross over to trigger the Sell PO. There's no significance in leaving a redundunt Sell PO opened that'll only cloak up the chart. Therefore, once all the Buy Orders been closed, the Sell PO will reopen together with the Buy PO at an interval of 10 pips each.

2)Following ur premise, u wanted the Sell PO to stay opened n not to be deleted. Now, there's a problem here. When the Buy Order hit SL, it will reopen a new Buy PO with interval of 10 pips from current price. But what guarantees u hv that the Sell PO that's left there from the beginning would be at a 10 pips interval from the current price? Due to slippages, the interval could be more or less than 10 pips away. So u will not get a Buy/Sell PO that's equally 10 pips away from the current price. Deleting the Sell PO n reopening it during initialisation of first batch set-up ensures no such problems arises.



For stage3, you don have to clear Buy PO 20pips apart[0.1 lots] (opened in stage 2)

Again, do u want to risk slippages or do u want a Buy PO [0.1 lots] that has an interval of 20 pips away from the reopened Buy PO [0.2 lots]? When this Buy PO [0.2 lots] is triggered, the EA will open a Buy PO [0.1 lots] 20 pips apart. Solves all interval irregularities.


For stage 5, Buy Order #5 should be (0.2 lot), 0.2 lot always 10pips stop loss once raise to next 10pips, and 0.1 lot always fixed 20pips SL no need modified. In stage5 Buy Order #5 should be modified the SL to 10pips of current price mean same as open price.

Look carefully at the results, item #9 / order 5. Buy Order #5 is indeed 0.2 lots. It's exactly like what u r saying here. Again, look carefully at the stage 5 chart. The current open price is at Buy Order #6. I believe wht u mean by current open price is previous opened price which was Buy Order #5. The 10 pips SL modified to the same price as Buy Order #5. In other words, the 10pips SL to be moved to Break-Even [BE] of Buy Order #5. That's exactly how the EA operates. :)

I hope u could spend some time to digest the screen shots & results I have uploaded. U seemed to be rather confused by ur own system. :p



These few days I may reply late because I will back hometown later.

Well, if u celebrate CNY, I wish u a Happy New Year. :)

Rgds,
Ashlynne

Happy Chinese New Year too:)
Could you please send it to me for testing?
 
Last edited:
Hello, I have 1 simple system to share, it work for GBPUSD during UK market open (3pm malaysia time).

Let's say, you have 1000usd(standard account 1 lot=10usd/pip)
When 3pm, you open buy and sell at the same time with same lot 0.1 lot (our modal 1000usd=1000pip), and set 10pip stop loss, no need set take profit.
and at the same time open buy stop, sell limit above 10pips current price , and open sell stop, buy limit below 10pip current price.

Let's say at 3pm, GBPUSD price is 1.6510

Buy 0.1 lot at 1.6513 SL 1.6503
Sell 0.1 lot at 1.6510 SL 1.6520

Set pending order:

BuyStop 0.1 lot 1.6523 SL 1.6513
SellLimit 0.1 lot 1.6523 SL 1.6533

SellStop 0.1 lot 1.6500 SL 1.6510
BuyLimit 0.1 lot 1.6500 SL 1.6490

when the price reaches 1.6500,

Buy 0.1 lot hit SL at 1.6503
pending orders hit
-SellStop 0.1 lot 1.6500 SL 1.6510
-BuyLimit 0.1 lot 1.6500 SL 1.6490,

at this situations, set new pending order again,

BuyStop 0.1 lot 1.6513 SL 1.6503
SellLimit 0.1 lot 1.6513 SL 1.6523

SellStop 0.1 lot 1.6490 SL 1.6500
BuyLimit 0.1 lot 1.6490 SL 1.6480

As long as pending order hit then set new pending orders. When to TP? For me Equity increase 1% then close all, mean overall earn 10pip (our modal is 1000usd=1000pip), every trading day almost sure hit TP, if not we can let the EA run.

Now I hope any expert programmer here to build an EA. This is 100% earn strategy

Please refer post 45 and 46 for latest version

This is technique is sama like Masta Atlantis technique 2 years ago...the EA was coded by Sunnyfx.....The Problem with this system is trending...
 
Hi,

It's based on post 45 & 46 of this thread. The only difference is I delibrately open only one pending order instead of the two pending orders u illustrated. It makes no diffrence in actual open trades, whether its one or two stand-by pending orders or even ten stand-by pending orders. The EA will always be ready with a pending order unlike manual trades where u could miss an open entry. :)

Regards
Ashlynne


Ashlyne..do you coded this EA .with Static Lot.. and Fixed SL. and Fixes TP .? Where is the EA Ashlynne..?
 
Last edited:
This is technique is sama like Masta Atlantis technique 2 years ago...the EA was coded by Sunnyfx.....The Problem with this system is trending...

Trending is good for this system. Could you please send the thread link here?
 
Trending is good for this system. Could you please send the thread link here?

Pse upload the EA coded by Ashlyne on the first page...for me to test..on correlated pair GJ.GU and UJ..

 
Trending is good for this system. Could you please send the thread link here?

Now i understand....The Trend will hit all the STOP Order...which make the equity increase..
 

Live Forex Chart

Currency
Rates
EUR / USD
1.15216
USD / JPY
160.310
GBP / USD
1.33905
USD / CHF
0.79340
USD / CAD
1.39325
EUR / JPY
184.702
AUD / USD
0.70520
Back
Top
Log in Register