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I saw indicators with lines with x pip somewhere on grod threads. And I remember it was 1 or 2 EAs or scripts but it is difficult to find now as no one asked before and I am not keeping "record" on that posts sorry. Try search this forum with Google from the top of this page.
I GiveThis System Name : “I DONT NEED PIPS, I NEED MONEY “
Anybody can help me to make EA with my system, this is some hedging system below :
I think (my experiece), market only moves in 2 ways : up and down (am I right or right…). This system do not need some indicator, but if you want, you can combine it. Look at this table :
Case I :
OP first BUY (0.1 lot) at : 1.5598 SL 1.5551 TP 1.5620, then you make sell stop order bellow the first OP using 3 times volume,if T/P on this order continue the BUY order..
SELL STOP (0.3 lot) : 1.5575 SL 1.5622 TP 1.5554, then if this order touch you make Buy Stop Order, or if T/P this order tuch continu SELL
BUY STOP (0.9 LOT) : 1.5599 SL 1.5551 TP 1.5620, then if this order tuch you make Sell Stop Order, or if T/P this order tuch continu BUY
SELL STOP (2.7 lot) : 1.5574 SL 1.5622 TP 1.5553, and continue to the next order until SL and TP Touch… or use at your own risk….
In case II OP first Sell, the step same with the bottom.
For the next order…look at the order before, which one take TP, if before TP for order SELL…next order continue first OP in SELL, if TP BUY next first order in BUY. So if the market condition in long trending…we will take more PROFIT. Volatile market take PROFIT. Yoyo…market…PROFIT.
For the EA may don’t need SL but must be close All position when price touch the TP.
Bellow is the proof of my trade (watch the price,S/L,T/P…!!!). Profit 500$ injust 3 hour trading using this system. I believe this system not make a lot profit, but it can give you STABLE PROFIT.
VERY BUSY USING THIS SYSTEM MANUALLY, I believe on this forum, anybody culd make EA like this. I will very thanks to someone who made this EA for us.
Input for the EA :
Looping : 1,2,3 etc
First order : buy/sell
start Lot :
Multiplier lot : 2,3,4 etc (times from before order)
Close for all : tru/false
Note: may this EA canot backtest, but you will take new adventure using this system. Its really unique system. I RECOMENDED USING 2000$ for first OP 0.1 Lot, or bigger