Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
dont know if this idea has been brought up but i've seen somebody else use a variation of this with a lot of success, i was up late until 5 in the morning thinking about this and maybe someone can help me code it, its pretty simple to code by the sounds of it, it works best on RANGE bound pairs, we can call it, "The Phreaky Phunk System".........here it goes....
open a 15 minute chart...
1-initiate a buy with a 20 pip take profit at 0.10 lots
2-if it hits your take profit, cool, if not and it goes down 20 pips against you buy again, this time at 0.20 lots with a 10 pip profit, as soon as the 10 pip profit is hit, both orders are closed and you start again at 0.10 lots..
3-if it goes down another 20 pips, buy at 0.60 lots, at 10 pip take profit, it that take profit is hit, close all 3 orders and start again..
4-if it goes down another 20 pips, buy at 1.8 lots, at a 10 pip profit, it the take profit is hit, close all orders and start a new...
5-if it goes down another 20 pips, buy at 5.4 lots, at 10 pip profit, if that take profit is hit close all orders and start a new...
* couple of things to keep in mind, you can start on mico lots, only do range bound pairs with a reasonable daily true range like the nzd/usd, aud/usd and the eur/usd.... how do you know when to enter long or short?? easy, open a 15 minute chart with a MACD, if the MACD is above the zero line, go long, if its below the zero line, go short, stay away from news anouncements, a friend of mine is trading a similar system VERY successfully....lets try to code it!!!!! keep on phreaking
how are you.....is the dlmv1 similar to this system, how does it work??? is the EA posted for this anywhere??? what kind of results are you getting with it???
I have one running on a forward test demo atm.
It buys in every certain number of pips, doubling up (martingale) as you lose.
Agreed!!! That's my idea! Muahahahaha!!! No need much, just code an extra function on the DLM will do. This will be the revelutionary of the EA!!! Muahahahaha.... The accuracy! The unbeatable wrong orders. Tight stop loss and fast gain!!! Muahahahahah It will generate some small loss if you have a tight stop loss of 30pips, but when your order goes to the correct position with some whipsaw(thats how this strategy act), you're in great profit.
how are you.....is the dlmv1 similar to this system, how does it work??? is the EA posted for this anywhere??? what kind of results are you getting with it???
DLM is a very dangerous EA, since the entry very unaccurate. But with your system, the accuracy is great, therefor, the Martingale Function will help alot. Especially when the cross happened, if you unable to trap the beginning 10pips profit, normally the whipsaw will help you to open another order once the market reach 18pips whipsaw(can set dynamically). Originally came with no stop loss, but we can follow your system to put down a minimum value of stop loss before the order doubling up to 4 orders. therefor, you can max out the available margin. This stress of doubling lossing order can take your account from 0 ~ 100% a day.... I'm no kidding you mate. It just the distance of doubling order! Every 2pips open doubled position? 700% a day no problem if your account can hold! muahahahaha
how are you.....is the dlmv1 similar to this system, how does it work??? is the EA posted for this anywhere??? what kind of results are you getting with it???
http://elcactus.com/ is the site where you will find details about the DLM & 10points3 EAs.
do you know how to program?? can you program the way i described it in the first post?? with the lots increasing from .10, .20, .60, 1.8, 5.4 ????? hopefully you can or know someone that can do it, was wondering if we can try it without the stop-loss first, i guess that option could be in the EA....im a little excited about this one guys........keep on phreaking
dont know if this idea has been brought up but i've seen somebody else use a variation of this with a lot of success, i was up late until 5 in the morning thinking about this and maybe someone can help me code it, its pretty simple to code by the sounds of it, it works best on RANGE bound pairs, we can call it, "The Phreaky Phunk System".........here it goes....
open a 15 minute chart...
1-initiate a buy with a 20 pip take profit at 0.10 lots
2-if it hits your take profit, cool, if not and it goes down 20 pips against you buy again, this time at 0.20 lots with a 10 pip profit, as soon as the 10 pip profit is hit, both orders are closed and you start again at 0.10 lots..
3-if it goes down another 20 pips, buy at 0.60 lots, at 10 pip take profit, it that take profit is hit, close all 3 orders and start again..
4-if it goes down another 20 pips, buy at 1.8 lots, at a 10 pip profit, it the take profit is hit, close all orders and start a new...
5-if it goes down another 20 pips, buy at 5.4 lots, at 10 pip profit, if that take profit is hit close all orders and start a new...
* couple of things to keep in mind, you can start on mico lots, only do range bound pairs with a reasonable daily true range like the nzd/usd, aud/usd and the eur/usd.... how do you know when to enter long or short?? easy, open a 15 minute chart with a MACD, if the MACD is above the zero line, go long, if its below the zero line, go short, stay away from news anouncements, a friend of mine is trading a similar system VERY successfully....lets try to code it!!!!! keep on phreaking
Thank you for a great idea. Please how does the spread figure into the profit?
do you know how to program?? can you program the way i described it in the first post?? with the lots increasing from .10, .20, .60, 1.8, 5.4 ????? hopefully you can or know someone that can do it, was wondering if we can try it without the stop-loss first, i guess that option could be in the EA....im a little excited about this one guys........keep on phreaking
too bad, i'm not a programmer! may be Bluto can help you
No need much, just code an extra function on the DLM will do. This will be the revelutionary of the EA!!! Muahahahaha.... The accuracy! The unbeatable wrong orders. Tight stop loss and fast gain!!! Muahahahahah
may be Bluto can help you
Linear Mode
