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Old 12-24-2006, 06:26 PM
Ducati Ducati is offline
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Excellent work on this EA. I have an idea for a spinoff from this EA.

What about flipping the position on the pipstep instead of going against the trend? For example, if the EA opens a short at 1.2800 (Short .10 Lots), then the price goes up o 1.2810, we buy double the first position (Buy .20 Lots). If it goes back down to 1.2800, we short, but double the second position (Short .40 Lots). We take a fix profit at which time all positions are closed.

Lets say we make it $20 profit. The first positions has to move down by 22 pips with a 2 pip spread. The second position has to move 17 pips up, the third position has to move down by 15, and so fourth. The more positions open, the smaller the move has to be.

The nice thing about this strategy is that the margin is used up at a fib progression, and not the martingale progression because the positions hedge against each other. You make no big swings, but just a nice steady consistant profit.

Another idea is to pyramid in one direction with the same lots until a profit level is reached. Let's say we want $100. We buy at 1.2800, we buy again at 1.2810, 1.2820, and 1.2830. At 1.2840 we hit $100. However, lt's say it reverses at 1.2830. When the profit level of the first positions is 0 which would be at 1.2815, a sell of .20 lots is made and pyramids in the opposite direction.

Oh, I wanted to add that all these ideas work fantasticly in my head.
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