Recovering a trade thats in loss?
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need some advice on this :
i am not using any stoploss in the trades taken by the ea and instead of the stoploss i want the ea to recover the trades that are in negative let say trades that are running 20 pips in loss the ea opens up a reverse trade with martingale volume.
here is an example :
let say the i have a buy trade with lotsize 0.10 that is running in -10 pips , so instead of closing this trade it should open a sell trade but the sell trades volume should be enough to recover the loss of buy trade within next 10 pips.
so first trade is in negative 10 and when the reverse sell is opened and goes 10 pips in profit it closes both running trades , so the buy will be in 20 pips loss and the recover sell will be in 10 pips profit , but because the recovery sell will be of lotsize 0.20 it will recover the loss from the buy trade. so it closes both.let say the recovery sell trade goes into negative then ea open a second level recovery trade (buy ) to recover this sell loss. and if the second level recovery buy trade also goes into negative of 10 pips , it opens another recovery sell trade keeps on doing this until any of the recovery trade goes into 10 pips profit and then close all running trades
so any idea? where to begin ?
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@ambrogio I am trying to do replicate the cap zone recovery
I tried it with keeping every recovery trade to be of different group but couldn't accomplish anything
Do you have any idea? -
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@ambrogio
can you please take a look?
https://fxdreema.com/shared/kGiBZE4gd
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@zackry somethinghs to fix, but upload your indicator
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@zackry Your first buy / sell order has the group 0 / empty, you have set pending orders with group 1 or 2 so it does not recognize them, i have reset the group of trade, try and let me know
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@ambrogio
i did that because it needs to close all running trades when the recovery trade is in 10 pip profit otherwise it wont recognize the recovery trade , cuz i dont want it to close the first trade in 10 pips profit when there is no recovery trade -
@ambrogio
still no 3rd level recovery -
@zackry you must separate the check profit
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@ambrogio https://fxdreema.com/shared/p6vJfV2yb
check block 32 now its working with the level 3 trades ,
havent tested level 4 yet
problem now is its not closing all the trades when the recovery trade recovers the loss meaning when its in 10 pip profit -
all the levels are working now
just the close all on 10pip profit isnt working -
@zackry Yes because he calculates the sum of the pips between buy and sell, in fact as you can see he closed at 45 pips away, you could insert a horizontal line to close 10 pips away, or close with a sum of money
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@Zackry no news?
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@ambrogio sorry for the delayed reply , it worked when i used 10 as money instead of pips but honestly speaking its kinda broke my heart lol
everything went good at the start but after a while the recovery trades were going till 104 lot size so i stepped away from this project for sometime and i will start working on it again after a day or two , just trying to figure out a way to keep those lots under control
here is the bt report
http://www.filedropper.com/strategytesxter -
@Zackry I CREATED IT https://payhip.com/b/JY8og
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@CAVINCENT Hello friend, has your EA already solved the problem of recovering the DD? I went to your link and I see that you sell your algorithm, the question is do you sell the code for fxdreema or just a compilation of the project?
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thankyou for your interest yes I just sloved the 5th generation ea anti trending strategy. I am planning to rent out this ea in ex4 format for 100 per month this 5th generation ea consist of 4 strategies +1 anti trending strategy all in an ea. In upcoming days I am planning to build the 6th generation ea with this world's most latest profitable strategy I have in store, even the EA comunity have review over it.
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Let us see the live performance on real account. Otherwise, you are just selling, not helping.
