This strategy starts like the first step of a grid techniques: (opening in the same time a long trade and a short trade on the same pair). Then I operate my own rules, which are different technics.
A Live Account has been opened since Demo account's performance is promising
Going Live...
Broker: FXCM
Real Account: Yes
Automated: No
Hedging: Yes
Start time: 04/01/2014
Deposit: €1100
Add the account to your watchlist: Live Experimental Hedging Strategy Account
Started Live on April 01, 2014
Global Performance:
Daily performance:
Open Trades:
Demo account's performance:
Period of test: 2 months (02/06/2014 to 03/28/2014)
Can we invest?
ReplyDeleteNo, the Experimental live account has blown. I need to implement more restrictive rules to fix the strategy.
DeleteIt will be restarted soon.
Cheers
Can You please code this strategy as an EA please ?
ReplyDelete> EA will open 15 BUY STOP orders & 15 SELL STOP orders. ( number of orders changeable )
keeping distance 10 Pips from the market price/or given price ( changeable )
take profit 10 pips & stop loss 15 pips ( changeable) instant.
Now, if price triggers BUY STOP & hit take profit, as soon as this Order closed
1> EA will Add a New SELL STOP just above those older Sell Stop orders maintaining the same
distance 10 pips.
2> At the same time it will remove a Sell Stop Order from the bottom of those
older Sell Stops.
3> EA will add a New BUY STOP order just above those older Buy Stops keeping
the same distance 10 pips.
4> As long as market will go to the same direction and hit take profit, EA will
keep continue the rules. {( all these 4 things must happen in a second ( no delay)}
> If price triggers SELL STOP first, then opposite rules will be applied ( I hope it's easy for you to understand )
So, always pending orders distance will be 10 + 10 = 20 pips from the market price
>>> Now, if price comes back & hit stop loss then EA will add a BUY STOP Just bellow the previous buy stop order
maintaining the same distance 10 pips.
>>> And just opposite rules will be applied if price comes back after hitting a Sell Stop & hit stop loss.
*Number of Pending orders always will be 15 + 15 = 30 (or 29 , coz one will be opened order)
*please code it for 5 digit mt4
If I did any mistake (wrong) in description please pardon me and kindly fix it. Hope to get Quick Help.
Lot Of THANKS in ADVANCE