Forex Trading - Dolly http://www.forex-tsd.com en Fri, 20 Nov 2009 23:01:19 GMT vBulletin 60 http://www.forex-tsd.com/images/misc/rss.jpg Forex Trading - Dolly http://www.forex-tsd.com Dolly EA with Hedge http://www.forex-tsd.com/dolly/23116-dolly-ea-hedge.html Tue, 17 Nov 2009 18:47:57 GMT *DollyEA Hedge Strategy,* 1. Just for a simple explanation I assume that there is no spread and we may consider GBPUSD pair. 2. The EA take position if the price break the dolly level buy or sell and if the trend condition is according the variables Use_M5_Trend_Analysis_Hg, Use_H1_Trend_Hg... DollyEA Hedge Strategy,

1. Just for a simple explanation I assume that there is no spread and we may consider GBPUSD pair.

2. The EA take position if the price break the dolly level buy or sell and if the trend condition is according the variables Use_M5_Trend_Analysis_Hg, Use_H1_Trend_Hg and Use_M1M5_EntrySignal_Hg;

3. Suppose the EA take a buy position on GBPUSD at 1,6808 (Buy Breakout with TP at Target 2 and SL in the beginning of Sell Area). At the same time or a few seconds after placing a Buy, the EA put StopSell 0.3 lot at 1,6766 (SL from Buy – Pips_Distance). Attentions to LOTS.

4. If the TP not reached and the price goes down and reach SL, after a few the StopSell try to reach the TP. If so, we have profit in the 2 orders combination.

5. But if TP of the second order not reached and the price goes up again, we have one Stop Buy already at the Buy area. At the time Stop Sell was reached and became active Sell 0.3 lot, we have to immediately place the Stop Buy 0.6 lot at Buy area.

6. If the price goes up and reach the TP, then we have profit in all orders combination too.

7. If the price goes down again without reaching any TP, then continue anticipating with Stop Sell 0.09 lot, then Stop Buy 0.27 lot,…and next. Continue this sequence until we meet the profit. Lots : 0.01, 0.03, 0.06, 0.09, 0.27, 0.81, …


Parameters for Hedge Strategy…Trade_With_Hedge = True;
Start_Lots = 0.01;
Use_M5_Trend_Analysis_Hg = True;
Use_H1_Trend_Hg = True;
Use_M1M5_EntrySignal_Hg = False;
Max_Orders = 4;
Pips_Distance = 2;
Lot_inc_2 = 1.5;

Be carefully using this strategy… I’m testing the EA since January/2009 and the results looks promissory…
Attached Files
File Type: ex4 DollyEA_With_Hedge.ex4 (224.7 KB)
]]> Dolly jcosta http://www.forex-tsd.com/dolly/23116-dolly-ea-hedge.html How to setup Dolly? http://www.forex-tsd.com/dolly/22995-how-setup-dolly.html Tue, 10 Nov 2009 23:51:04 GMT Hi, I'm new in forex. I found Dolly is very easy to use. But the arguments are complex. Could anyone give me some suggestions? For example, how to setup it to trade EUR/USD or GBP/USD?

I use Dolly v11. ]]> Dolly ggggqqqqihc http://www.forex-tsd.com/dolly/22995-how-setup-dolly.html