I use this simple but profitable anti-martingale system
for trading er2,emini-russell for the last 2 years manually.
Appreciate if anyone here could program this into an
MT4 EA for EUR/USD.

Have anyone programmed or used spread ratio charts in their
MT4 EAs for pairs/spread trading 2 or a basket of
highly correlated FX pairs?

Wont it work with 2pip spread of Eur/USD ?

also didnt understand the part where it retrac back

Looks good system ..but could you explain it again in a simple example

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It might be difficult to 'simplify' any more than the example on the doc posted - it's a pretty intricate strategy...

@Scalpmaster, thanks for sharing. Though maybe 'simple' conceptually, it looks like a it could be a non-trivial strategy to program. I may have a go if nobody else steps up...

Very interesting though!

The idea:

If there is N/4 retracement, take partial profit and wait for reversion to average/mean of the losing side which would then be the side having more contracts and thus better for us to wait for reversion to close off both sides...

however if it reverts again by N/4 then we have no choice but to square off both sides (taking profit of remaining contracts and cutting loss on the losing side at the same time) but we already locked in bigger part of the profit earlier...

The whole point of starting a 2 sided trade and hedging at various stages instead of just adding positions in one acct is based on the assumption we have no idea where the market is going at any moment in time and it changes randomly all the time.

perhaps someone can suggest how to further optimise pyramiding (averaging up) on one sided winning acct...

also if anyone could briefly tell me the strength/weakness of such an approach...

Please proceed with programming the EA...and feel free to email me
to exchange ideas along the way ...

scalpmaster2006@yahoo.com.sg

The idea:

If there is N/4 retracement, take partial profit and wait for reversion to average/mean of the losing side which would then be the side having more contracts and thus better for us to wait for reversion to close off both sides...however if it reverts again by N/4 then we have no choice but to square off both sides (taking profit of remaining contracts
and cutting loss on the losing side at the same time) but we already locked in bigger part of the profit earlier

The whole point of starting a 2 sided trade and hedging at various stages instead of just adding positions in one acct is based on the assumption we have no idea where the market is going at any moment in time and it changes randomly all the time...

maybe someone can show me how to further optimise pyramiding (averaging up) on one sided winning acct...and briefly tell me the strength/weakness of such an approach ...

Please proceed with programming the EA...feel free to email me.
scalpmaster2006@yahoo.com.sg

Scalpmaster,

Which broker have you used to get 1pip spread for the past two years ?

Interactive Brokers

I think we should have big account to use the system / strategy.

__________________
Nic
Your Smart Robot
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