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how can i act like this? . while, you are a precocious jewelery , for me and all the others at this topic . i was just sleeping (at 5 morning in our time __8.30 GMT__, after a lot of quarrel with E.S)
wolfe has a unique trailing stop method. It exits from the float....like if you set it at 10 bucks and use a 50% setting it will start to trail at 10 bucks and if you retrace by 50% it will exit...but if you do not retrace it will keep raising your TP as the price goes in your favor...
But the unique thing is that it calculates off the aggregate float not the individual trades..
ES
P.S. I refer to this method as WFM (wolfe floating managment)
Quote:
Originally Posted by Beno
kayvan I like this idea, I don't quite understand it but I like it.
How do you exit.
Last edited by ElectricSavant; 03-02-2008 at 10:31 AM.
I think you are asking for indivdual TP's and SL's...
There can be up to 1000 orders and a global exit scheme will accomplish the same during news...won't it? what would we do with the danglers? I do not think that kayvans method was like this.
ES
Quote:
Originally Posted by invest2fx
Can I make SL and TP alone in this EA because It is using News antisipated, thanks
If you post the EA...I will test it with nano's (0.01) and a 1 buck WFM...in a demo account. Before graduatiing to 0.1 lotsize in an IBFX mini account.
wolfe has a unique trailing stop method. It exits from the float....like of you set it at 10 bucks and use a 50% setting it will start to trail at 10 bucks and if you retrace by 50% it will exit...but of you do not retrace it will keep raising your TP as the price goes in your favor...
But the unique thing is that it calculates off the aggregate float not the individual trades..
ES
P.S. I refer to this method as WFM (wolfe floating managment)
as i understand it with kayvans method you start with 0.1 when price reaches next step ie 2 pips you add 0.1 next 4 pips add 0.1 next 6 pips add 0.1 in what ever direction be it long or short.
No sorry, I get it now I have just reread the last 4 pages
as you discovered it is always 1 pip increments off of a kayvan lag of 2...
PartySavant☺
Quote:
Originally Posted by Beno
cheers es for the update.
as i understand it with kayvans method you start with 0.1 when price reaches next step ie 2 pips you add 0.1 next 4 pips add 0.1 next 6 pips add 0.1 in what ever direction be it long or short.
No sorry, I get it now I have just reread the last 4 pages
Last edited by ElectricSavant; 03-02-2008 at 10:54 AM.
i was just sleeping (at 5 morning in our time __8.30 GMT__, after a lot of quarrel with E.S)
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