This is one of strategies used by one of the most famously successful individual trader in Japan. His nickname is Cis. He calls it "Rectangular Buying". I think he call it rectangular as opposed to pyramid or inverse-pyramid because the same unit number is bought at each step instead of reduced numbers (pyramid) or increased numbers (inverse-pyramid).
@judegehanindran1038
10 ай бұрын
I am from Sri lanka. Found this Chanel. Wow i felt ideal match for mind set .I felt you are as my twin brother. Many❤ for your mind set and Thank you very much 🙏
@cnightwing
Жыл бұрын
This is very interesting. So basically it's a scale in strategy with a special trailing stop. Great idea!
@pky013
Жыл бұрын
I compared this ea with trailing stop ea. Better result with this strategy.
@UnemployableFakeGuru
5 ай бұрын
@@pky013 Got some room to breath at times.
@OscarCarlosSchult
10 ай бұрын
Hi Chia. I find your aproach as simple as it is extraordinary. Thank you, thank you very much.
@geertvanoosterwyck
Жыл бұрын
Hello Chia, I have such a similar strategy that I have already worked out (theoretically) but, in "manual" trading this is incredibly difficult to do. But, with an EA this is a very simple strategy that is quite easy to build, thanks for the fine videos
@zameershah8417
11 ай бұрын
hi can u share your email
@ToneTraveller.adspower
10 ай бұрын
are u sure?
@skybiz4520
9 ай бұрын
Wishful thinking not based on reality.. Even in first instance if your TP is 20 and SL is 10 (Pips) that means you going to hit SL 2x times vs hitting your TP, not to mention that you want to multiply this scenario by 3x..? How often and when did you see price moving in 1 direction without any retracement..? Maybe at some NFP news or similar, but not on regular occasion.. This system is dead on arrival.. IMHO..
@7rang.
4 ай бұрын
12 percent per month and profit factor 2 is just super. The only negative about this video is that it was only tested for one month. It was necessary to test for a year or more.
@ecoengineering7535
4 ай бұрын
Hi, please notice that this is not a trading strategy, but exiting technique. you should combine it with a trading strategy to maximize profit.
@7rang.
2 ай бұрын
@@ecoengineering7535 Hi, give us the code please
@BehradPourreza
Жыл бұрын
this strategy just looks good for R/R above 4. but statistically is rarely possible that price goes up to high R/R without any correction! because a correction simply hit the stop losses. in other hands this strategy make worse the low R/R and convert a R/R=2 to R/R=1, the possibility of low R/R is much higher than the high R/R, so you should revise your mathematics.
@pky013
Жыл бұрын
I compared this strategy with trailing stop. Better result with this strategy.
@joeyjoi8r
8 ай бұрын
I backtested this in the EUR/USD which one of the most volatile market on FX. The Sharpe Ratio was 3.1 which is amazing.
@bardaprasad2031
8 ай бұрын
Hi , Can you share more insights on the backtest?
@grrrrrr1288
8 ай бұрын
How long was the backrest?
@d3ath1ygaming55
5 ай бұрын
You've never heard of anyone adding to winners and trailing their stops? You invented this? Wow man.
@ramkumarshrivastava7341
Жыл бұрын
I am really thankful to you for your such detailed videos. However, requesting you to kindly share the codes before line number 50 .
@samoyedkiyo
8 ай бұрын
Thanks for the strategy, very helpful for beginners who are still learning like me in the nfc community.
@jdaniele
7 ай бұрын
Hi Chia, thanks for this video. By the way, there are many improvements the code needs to work better. The first BIG issue is that the functions to count open orders and to close the orders are not compatible with other EAs running in the same MT4 because you don't check for the magic number of your specific EA. So you are going to count and close orders from any other EA or even manually entered orders. That's very unpolite and it could be very dangerous when you are going to close loosing orders of other EA. You could burn out your account! You should open orders with a unique magic number and manage only those, not other EA's orders. The second problem is you never check the opening and closing MT4 standard function result, to be sure the orders are opened and closed correctly. You never check for errors. The best case is your EA is not able to open orders. The worst case is you EA is not able to close orders when it should. The third problem is in your custom closing function, when the flag to to close all the orders is true, you call 2 times the mt4 standard function on the same ticket, because they are not mutually exclusive, they are not separated by an "else" block.... One month of backtesting is ridiculous, you have to backtest the EA for 10 years at least, otherwise you are just fooling yourself...and us...😂 Regards...
@TheMorhaGroup
11 күн бұрын
Would you be willing to help me code my EA, I have all the mathematics sorted already and expressed as equations, I just need someone who knows how to program to code the bot to run on those equations. I can assure you the bot 100% will make money, the system is what I use as a full time trader, I want a but because I can increase the complexity of my equations exponentially, so if you are willing to help me, not only can you keep a version for yourself, but I will keep you up to date with the new iterations of my equations
@jdaniele
6 күн бұрын
@@TheMorhaGroup Hi Norbert, I really would like to help you BUT I have to be honest with you: I will probably have few or no time to code the EA because I have a queue full of things to to do for me, my studies, my family, my house, my current job and the future trading job, so that it would be difficult helping you in a effective way. 🤔 I would need 4-5 clones of me to do everything in a timely way....😅😅😅 However, if you are not in a hurry, we could have a chat on LinkedIn, just to better understand the level of complexity of your equations and in general the algorithm you use to trade with. Do you live in Cardiff, Wales, United Kingdom? If not, please leave me your contact, if you like. Thanks. Regards.
@aht786
Күн бұрын
@@TheMorhaGroup Hi, I would love to help you if you're confident on your strategy.
@Seeker_of_sense
Жыл бұрын
Please combine this strategy with your hedging strategy and make another video. This combination should reduce losses.
@daymaker_trading
8 ай бұрын
Great video, thank you so much!
@ecoengineering7535
8 ай бұрын
I'm glad you enjoyed the video! Thank you for watching!
@pinoypinoynoy
Жыл бұрын
this is very good sir, I hope you have EA ready for us :)
@algoa456
10 ай бұрын
I remember seeing a very nice cartoon strip on mathematics and trading. There were four panels. All feature a guy sitting in front of a computer. Panels 1. Guy says, "I'm an engineer. I'm good with numbers". 2. "The stock market is all about numbers". 3. " i should be able to do well trading the market using math". 4. "Whoops, where did all my money go"? Of course, quants use mathematics and statistics for trading, but like just about everything around the market, some do well, most don’t.
@teknerds
7 ай бұрын
Wow, 100 thou strat, most normal people barely have $100 to trade! this means a good solid strategy must be able to make consistent profits with as little drawdown and risk of terminal loss as possible, surely the graphs look beautiful, but who's got that kind of cash? no one who actually has 100 thou would probably wanna throw that in the market this way. With me I don't go above $1000 for any strat, and all my strats actually must be able to handle $10, yep ten bucks, and use that to grow the account. That is a sure fire method to ensure that the strategy is fireproof and places trades as accurately as programatically possible. Just my thoughts on this topic. Thanks for the video
@hu5116
8 ай бұрын
Thanks for the great video! As we can, all surmise, it is very hard to come up with a new algorithmic trading scheme. Maybe yours is original, as I have not had a chance to look at it in detail. This looks an awful lot like a technique called zone recovery. Note that I think it also goes by a couple of other names as well, probably helps to obscure it from significant attention. Some have likened it to a martingale, strategy, and in some respects it is. However, the difference is that in zone recovery you define a number of levels at which you will simply take your lumps and take the loss. This prevents the potentially exponential explosion of loss as in a real martingale strategy. If anyone has examined it enough to tell for sure whether it is or is not zone recovery, I would love to hear a comment on that. Otherwise, I will be planning to dive into it when I have a chance. Thanks for a great video nonetheless!
@Mr11thhour
8 ай бұрын
Amazing!, please do a video on your custom functions, I'd love to see that.
@eeeeeek
Жыл бұрын
this should be adjusted for the atr to reduce unnecessary stop
@dutchy5752
9 ай бұрын
so what is the slippage per trade? Because the market may move so fast that your order will not be able to execute at the desired price
@sibusisomosweu4424
Ай бұрын
Great video, only problem is if prices keeps going in direction your f***ked & the quality bar is low.
@javierbaisburd8062
Жыл бұрын
There are so many undefined and and undeclared functions. I will be helpul to have the link of the code and check your results. Thank you.
@ecoengineering7535
Жыл бұрын
Hi, All of them are discussed in this course, please find the link to MQL tutorial below: kzitem.info/news/bejne/lXmsmHtmrYieZ4Y
@javierbaisburd8062
Жыл бұрын
@@ecoengineering7535 Could you show what is written from line 0 to 50, please?
@TheMorhaGroup
11 күн бұрын
Would you be willing to help me code my EA, I have all the mathematics sorted already and expressed as equations, I just need someone who knows how to program to code the bot to run on those equations. I can assure you the bot 100% will make money, the system is what I use as a full time trader, I want a but because I can increase the complexity of my equations exponentially, so if you are willing to help me, not only can you keep a version for yourself, but I will keep you up to date with the new iterations of my equations
@StefanReich
Жыл бұрын
Interesting. So it's basically an alternative to trailing stops
@byronmcmullen5599
9 ай бұрын
for every new order youd have to pay the spread. why wouldnt you just use an auto trailing stop OR edit the order to move your SL and TP up effectively keeping the market boxed in?
@golathmim
9 ай бұрын
Hi Chia, thank you for the opportunity for a great training session. I noted you started explaining the code at line 92, is there more to it that is missed and if so could you add it in the description?
@rbanks721
Жыл бұрын
Nice presentation! Where can I download this code?
@Stisse12
9 ай бұрын
Very interesting, need to investigate in this more, will try your code.. What about increase the lotsize also? does that destroy the compounding ?
@sumitdubey5290
3 ай бұрын
Videa seems interesting, but as per statistics, it 'll have big drawdown. Lets check with bionamial probability, if all trader win probability is 50% = probability of 4 continues win is only 6.5%. which is less then 10%. But you know probability of 3 and 4 trader will be less then 50%. So in long run , it might not work.
@drsamialrumaih
Жыл бұрын
Very good idea, I like it so much
@E.E.
Жыл бұрын
Have you tested addig on the pullbacks.... Not easy to program. Thank you for sharing a great concept
@rbrown2948
8 ай бұрын
Really nice in-trade management/optimisation strategy. Quick Question: If your starting trade had a Reward/risk ratio of 5:1 say, instead of 2:1, does that affect the Reward/risk ratio of subsequent trades? in other words, if you had a stop loss of 10 pips and target profit for the first trade of 50pips, would your second trade have a stop loss of 2 pips? or 5pips? Either way, thank you!
@nurilyc1utc983
3 ай бұрын
I compiled the source code and get the message "0 errors, 3 warnings, 9395 msec elapsed, cpu='X64 Regular'", 1. declaration of 'EntryPoint' hides global variable 2. declaration of 'RiskPercent' hides global variable 3. possible loss of data due to type conversion from 'long' to 'int' The EA give the result with flat line at the graph tab as big as balance value, no trade happened. Would you advice with this matter please? Thanks in advance.
@vyacheslavfiodorov5738
Жыл бұрын
Hello. I wrote this strategy in C# for the cTrader platform. Test results showed 1.25 ratio on Pound/Dollar but if bot buying from 30 and selling from 70 RSI level. In second place was the SP500 index with the same conditions. All testing results with breakouts of 70 for buy and 30 for sell gave less than 1 Ratio. Perhaps due to the fact that I used a fixed lot and a stop. Please explain how you calculate the required lot and stop for a position at the same time, managing only the risk in the settings
@TheMorhaGroup
11 күн бұрын
Would you be willing to help me code my EA, I have all the mathematics sorted already and expressed as equations, I just need someone who knows how to program to code the bot to run on those equations. I can assure you the bot 100% will make money, the system is what I use as a full time trader, I want a but because I can increase the complexity of my equations exponentially, so if you are willing to help me, not only can you keep a version for yourself, but I will keep you up to date with the new iterations of my equations
@tonya3375
10 ай бұрын
This is renko strategy , if you look deep enough , and set brick size accordingly
@sspagro
2 ай бұрын
Its working for me on tradetron using it for Nifty
@kjlee1982
4 ай бұрын
This seems like the perfect way to blow an account if you were to factor in slippage, fees, and consistently hitting your sl.
@ecoengineering7535
4 ай бұрын
No, this is not hedging or Martingale and if you implement it correctly with algorithm, there is no way to blow your account.
@_bobbejaan
10 ай бұрын
i backtested this strategy over years of historic data. It does not work. If you buy every x pips you need to sell every x pips too. otherwise your results depend on if in the end the price rises. if you buy and sell at the same spot. if price rises 5 pips your short is stopped out and you still have no profit. then you are still dependant on chance. price goes down 10 pips you are also stopped out of your long positioin. will you go back in at your original point? price can go up and down 10 pips many times and stop you out 10 times at the same price. One option is to don't close trades at all till you reached 100 pips profit. and then open a long and a short at this point. but then if price keeps going in one direction (lets say 500 pips up) you are stuck with 5 shorts that you can only close if price goes down by chance. This strategy is garbage.
@ademolaalimi8863
10 ай бұрын
Not sure you quite understand the technique. You may need to watch the video again. From my understanding of this technique, you won't have long and short open trades at the same time. I advise you watch again.
@filippofederighi9809
6 ай бұрын
No. It depends how you calculate each leg
@IDONTPARTYMUCH
6 ай бұрын
😂😂😂😂
@IDONTPARTYMUCH
6 ай бұрын
Saved me 22mim thank you
@7rang.
4 ай бұрын
@@ademolaalimi8863 Yes, he did not understand this strategy at all. Apparently he is new to trading.
@rudymostert7135
10 ай бұрын
Hi Chia, like others in the comments, I would also like to see the code before line number 50. Would it be possible to please get a video of all the code, or if you are able to share the the files that would be great.
@shahbazkamyab
10 ай бұрын
Hi Chia, great lesson! can you please explain more in depth about your three user defined options as that looked really interesting.
@JuicedMoose
9 ай бұрын
Imagine how well you would hav3 done on jpy shorts this fast few weeks
@sandyburke4743
11 ай бұрын
Awsome work thanks so much 🙏 i will manually trade this on small account over next month on BCOUSD and see how it goes . Like you said have even 1 trade that reaches full 4x profit and youd have to loose 10 in a row to back to break even . Math will always prevail in a numbers game .
@nguyenhoangnam942
Жыл бұрын
Can you please show the codes before line 50?
@galomenjifather7420
8 ай бұрын
Thank you for the video. I learnt a lot from you. Can you share with me your most common includes . Thank you
@robotchris31
Жыл бұрын
This is pretty genius.
@louischretien5469
9 ай бұрын
I can see it working well with CPI news where the price continues far in one direction....
@ecoengineering7535
9 ай бұрын
It will have a good performance in that situation
@rialestari6oo
9 ай бұрын
Wow cool, thanks for sharing, but I usually use the unfilled order strategy in the nfc community.
@serim1986
Ай бұрын
I wonder how it works using 1r multiples of tp instead of 2r
@jasonacyeo
Жыл бұрын
Thank you for sharing the method of optimizing profit. This is very helpful. I wander if you can share any profitable entry techniques? I have tested many so called "high return" methods on KZitem, most if not all, failed miserably. Thank you.
@tempemail5337
4 күн бұрын
The only problem I see if not automated nor stops automatically moved is some markets move fast and slippage and commissions. Just my opinion. But I get kind of what you say. Basically 2 steps forward and 1/4 steps back. Don’t give back all profits so to speak. Successful Entries are key to most systems. Can’t just randomly enter anywhere. I’ve tried. Blown many funded accounts trying different methods.
@khalidhakimi93
Жыл бұрын
the first example of trading if applied to USDTRY will have made you a millionaire from the past 10yrs, the pair is just going up
@giovannisantostasi9615
Жыл бұрын
Why do you need a strategy with this approach, could not this be used in a grid bot?
@grgr1831
Жыл бұрын
Can u share the mql4 file?
@ibrahimalhasani9167
10 ай бұрын
think I would be massive loses bcz the market moves in small waves in small and big time frames not vertically as you mentioned in the video and the correction most likely will happen , so It will hit the sl then go to the target especially in currency pairs but maybe works better in doejones and Nasaq or even gold
@ecoengineering7535
10 ай бұрын
Thank you for your comment...please try to write the code and back test it... You will see there are some times that it can happen...for example 2 days ago in EURUSD you could catch a huge profit with this strategy.... It is one of my main strategies for several years and I like it.
@shutengloke5907
4 ай бұрын
I think Tom Houguard uses this trading strategy all the time.
@UnemployableFakeGuru
5 ай бұрын
This is indeed an interesting concept. Would you help me to merge this with something else? (And make it 200% more profitable?)
@richitkohrichitko4355
10 ай бұрын
Do it on 1000 trades minimum, 30 trades has no statistic value.
@navketan1965
Жыл бұрын
Dear Sir, I am impressed with your wisdom & your hard work.I request you to backtest this strategy. It is nearly impossible to guess where market would next go but it is much easier to tell where market is less likely to go--and that is where there is mathematical edge & would be easier to code. You could test the strategy on instruments which have high liquidity & trade around the clock--let us say forex & high volume US indices to start with.All orders are Limit order & orders are entered end of each day based on closing prices(EOD).For Forex pairs end of NY session is END OF DAY On A given instrument(say Eur/Usd) limit order is placed to buy(or sell) at A distance " D" which is (70% of average daily ATR) away from the closing price EOD.Take profit (TP) & stop loss (SL) distance is 50% of that distance (D)--every order is all complete order on the same ticket.Only one order/day on the instrument.Win or lose--no trader intervention,market decides when take profit or stop loss gets hit.On that instrument orders are entered on both sides, Long & short at the same time. All open orders get cancelled at the end of that day & new orders are entered based again on end of day new prices.Orders are placed on multiple different currencies to diversify risk(both dollar pairs & cross currencies as well).Risk capital on any instrument is 1% of account equity only. Rationale--Markets are random but fractal in nature.Distance travelled in a given time span is based on square root of time.TRADING EDGE comes from the fact that from End of day INITIAL price the TP is closer compared to SL & chances of hitting TP are higher than hitting SL--and when TP is hit,then stop loss order gets cancelled right away..If one month option is priced $1--then 4 month option should cost $2.Distance travelled in 4 months is square root of 4.Option premium formulas are not ALLperfect but billions of $$ trade based on that formula & market makers make $$,no matter where the market goes/or does not go.At the money Call & put cost the same--take your pick. And Thank you
@powerball200
10 ай бұрын
hey what is all this? im getting confuse
@navketan1965
10 ай бұрын
Sir, You are A bright man wth wisdom.Markets are random & we do not know her next move.Direction is 50/50 over thousands of episodes with jerky trends at times. AND 5/10 point stop loss(SL) would get triggered many many times with random motions.May be do this video strategy(Yours wisdom) with 20 points SL & 40 points take profit (TP) to start with & when first TP is reached, new order may have SL of 15 points--on and on & on.Please back test this idea.Thank you.@@powerball200
@Rob_Mitchell
6 ай бұрын
Whoa Nelly. I see 3 maybe 4 problems with this. 1) This assumes that the price is more likely to hit the TP before the SL because the TP is closer. However, this does not consider market direction, momentum, or any kind of news events that could easily move the price to SL. 2 ) Relying solely on ATR for entry, TP, and SL (settings) ignores other important things like trend direction, support and resistance levels, and macro indicators. 3 ) The approach of cancelling all open orders and setting new ones daily may lead to missed opportunities or escaping profitable positions too early. Don't you want to make money - and more of it?
@Rob_Mitchell
6 ай бұрын
On Rationale -- You hinted at leveraging the fractal nature of markets and the square root law of market movement - like the concept used in option pricing models (ie. Black-Scholes) - however, the simplistic application of these complex theories into a mechanical trading rule greatly oversimplifies market dynamics in my opinion.
@mohammedhashim2419
10 ай бұрын
I am at a loss to understand. How is this technique different than using trailing stop loss? Unless, we are using the previous gains to increase the size. If we do that only then I can see that we will gain the compounding factor
@mikelang4853
10 ай бұрын
Trailing stop just moves the single existing positions stop as you go.. A strategy implementing cascading orders adds to the total lots in play. Potentially compounding overall gains. (Only in trending market..) Kinda like implementing martingale techniques
@maneeshdilhan8806
Жыл бұрын
Your superb. Keep it up ❤
@ngassakamto8879
Жыл бұрын
thanks for the video. please link for the codes
@dbncase
9 ай бұрын
I really want to use this strategy but I don't know the whole code. How can I get it?
@GordonMiltons
2 ай бұрын
You've updated the EA, but I cant' find any instructions on the settings. Please help. TIA
@FabioGai
9 ай бұрын
Hi intresting Strategy, where i find mt4 expert advisor about this strategy?
@luispablopartearroyovallej5411
2 ай бұрын
Sr great video can you share the MT4 code?
@kevinjohnson3521
Жыл бұрын
Mathematical models are only as good as the data used in them!
@YoutubeVide
Жыл бұрын
I really liked the beautiful way you explained it to us Thank you Can I get EA for this robot? Cascade
@luismaldonado2892
10 ай бұрын
The market moves in ranges and may takes many stops until found a profitable trade
@nabilmagar2658
Жыл бұрын
HI Chia, I have done extensive testing for different hedging strategies and would like to test this Cascade ordering strategy , how can i get a copy of the EA to test it please or if it is for sale how much is it for. Kind Regards. Nabil Magar.
@syaluuuuu2
10 ай бұрын
wow cool, if I use the unfilled order strategy taught in the nfc community.
@gipadang9815
10 ай бұрын
Hello could you made video about newton (yes the famous newton with apple) trading strategy base on mathematic
@malcolmring6229
Жыл бұрын
Hi Chia That is a brilliant system and as simple as it gets. Can you share the EA or help build an ea for this strategy. I understand that an order is placed independent of the cascade EA and this will manage the stop loss and take profit once the initial take profit is reached? Thanks for sharing this idea🙏
@LynaCarats
8 ай бұрын
Any news on this bot strategie ? Looks great
@ThabisoChasiwe
3 ай бұрын
So what happens if the market doesnt go activate the second order, I mean if it keeps going down?
@Pariya555
9 ай бұрын
How would I calculate 1 point for XAUUSD (GOLD)?
@victormike1075
Жыл бұрын
dear sir ..nice videos.. can you please make a video on supply and demand zones..marking each zones with rectangles
@blanemurillo6375
8 ай бұрын
What is the difference between this and a trailing stop loss 5 points behind once your up 20 points? Thanks
@ukbumpmaster
Жыл бұрын
All very good but where is the link to the code you said in the video was provided ?😊
@ecoengineering7535
Жыл бұрын
I am making an MQL account and put them there
@johnianrutherfurd99
10 ай бұрын
Where is the link? I want to try to test it too. Many thanks. Nice videos
@sanjoykumarroy
9 ай бұрын
Even after having a 100% profitable strategy, you are not among the richest in India. How come?
@RomanSkrypinGPT
8 ай бұрын
Trailing stop + DCA
@henryadagbor9466
Жыл бұрын
I like this. Can I a get detail info on please?
@lionking20101000
Ай бұрын
great strategy
@kickbannedlaz4304
Ай бұрын
Can you please tell us how you managed to test this? None of the trades are initiated when I try.
@intjbro
9 ай бұрын
Thanks for this. Is there any way I could get the code?
@dougfebruary6098
9 ай бұрын
Hi. Excellent channel. Do you mind sharing the xide in txt file or source code. Battling to get it to work as I'm not a coder
@youtraders
3 ай бұрын
If lose can you make it?
@dontradesgold
Жыл бұрын
What was SL size in pips you kept? 5 pips in a 1Hr TF would most likely end up being stopped in wiggle room…?
@abdillahakbar5420
Жыл бұрын
Its seem like 30pips
@oliverknakowski6593
9 ай бұрын
Hallo, very interesting strategy, trank you! Could you give me the Code, since I am Not a programmer?
@davidhuber563
Жыл бұрын
Hey thanks for the video ! I did watch your other video about similar subject ! Where does this idea come from? Do you have a book or something where you have inspired yourself ?
@ecoengineering7535
Жыл бұрын
Hi, I just start to use this technique by myself, I have no book to mention.
@dbncase
10 ай бұрын
This looks amazing and straightforward. You said this is a technique, my question is what one of your strategies could be paired well with this and combined in one ea besides the RSI overbought/ oversold? Thanks
@abdulnassirali
6 ай бұрын
great thank you, but I cannot find the code??
@mabra47
Ай бұрын
What if the price goes down instead of rising step by step?
@ecoengineering7535
10 күн бұрын
than it will be close immediately with less profit but still positive.
@77Nof
17 күн бұрын
Do you have this code in MQL5 ?
@usa989998
Жыл бұрын
Hi Chia, Thank you very much for the great informational video. I am still learning these scripts. Can you kindly help to share how did you get all those variables in the EA to take inputs for RSI etc... I dont know how to declare all those input variables. I expect those variables have been declared in your Cascade RSI First Wave.mq4 file on top. Can you kindly share how do you do that ? of if you have Github to share the code with community users, that would be great as well. Thanks, Nitin
@mikelang4853
10 ай бұрын
Input (variable type) (variable name) = (default value); Example input int rsiLevel = 70;
@Mikelockey
10 ай бұрын
For what markets can you use this ? I dont think itwill work for synthetics because the market is computer controlled and can continually hit your buy and sells until you run out of equity and lose . I have seen someone lose 2.5 thousand dollars trying to use the same strategy
@kickbannedlaz4304
Ай бұрын
@channelowner. Can you please tell us how to backtest on mt5? The EA settings are different from your video, in addition when I tested, none of the trades are triggered. Thanks.
@ecoengineering7535
Ай бұрын
please search in channel's play list, we have a full tutorial for MT5 and MQL5.
@kickbannedlaz4304
Ай бұрын
@@ecoengineering7535 Thanks. I'll do that and get back to you.
@GlobalPoliticsNews-GPN
9 ай бұрын
What happens if price goes down?
@charlesfleury6150
10 ай бұрын
The logic does not take into account FIFO rules - you cannot have more than one trade for a given symbol with the same lot size - so, you either have to start high then go down (0.05 -> 0.01) or start low and go high (0.01 -> 0.05).
@ecoengineering7535
10 ай бұрын
Not all brokers have it
@AktienmitVersicherung-so-oz8lb
10 ай бұрын
Schwab, Oanda, Interactive Brokers, TastyTrade, they all allow what you say is not allowed... Just open an account in the US and you are good to go...
@907Blademan
9 ай бұрын
Which broker won’t let you double your size?
@charlesfleury6150
9 ай бұрын
@@907Blademan I have Oanda, each trade is unique - does not allow to "increase" the size of an existing trade. You can decrease by doing a partial close but not add to it without a "new" trade. So, if I have a trade with 0.01 lots, if I add another trade, the lots of the second trade cannot be 0.01, it has to be higher. hope I have explained it well.
@MrRamses667
8 ай бұрын
Where to get whole code of this strategy from (cant see line 1-50)? I copied it to mt4 editor and cant make it to run. There is lots of errors. I cant include the inputs file to expert. Pls help. Thanks
@willyw9732
25 күн бұрын
Hi, If there is an EA already available, can you share it please?
@ecoengineering7535
10 күн бұрын
you can have access to the code through the following video: kzitem.info/news/bejne/lJp32W1uaZefoag
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