Maybe exit after level 5 and initiate a recovery loss strategy.

Trio Orchestra EA: A free - no expiry - little grid rider

Regarding the hedge position that is implemented now. What does it do? Does it close all positions if the hedge cant open any new positions?

Trio Orchestra EA: A free - no expiry - little grid rider

Hey missed this. Cool! Will test Now!!

Trio Orchestra EA: A free - no expiry - little grid rider

Maybe we could create a list of the best none repainting indicators? Like trade with Indicator 1 (true/false) 2 (true/false) 3 (true/false) 4 (true/false) 5 (true/false) 6 (true/false) All just ideas. Up to the programmers of course. If you select 2 ...

Trio Orchestra EA: A free - no expiry - little grid rider

Martingale, grid, hedge are functions that help us correct wrong entries. I therefore think we should also focus on the entry of trades. Higher time frames seem more reliable and maybe some good indicators as well. If the EA looks at the higher time ...

Trio Orchestra EA: A free - no expiry - little grid rider

Great feedback Kashif. Except the last one with the equity sentry made me laugh haha .. Close mt4 and run!!! I suppose the Tarot cards and bones already lying there..

Trio Orchestra EA: A free - no expiry - little grid rider

Thanks. You do have a point with the Taro card thing! Lol I like your suggestion, but what if the sell stops get activated and the market again turns up? This is why I suggested the hedge of the entire basket, with a recovery zone. Say the basket is ...

Trio Orchestra EA: A free - no expiry - little grid rider

I would recommend everyone to first go through a period of testing for a couple of months. Learn money management, strategy and most important how to deal with your own mind before going live. But then its your money!

Trio Orchestra EA: A free - no expiry - little grid rider

Would be interesting to test different hedge strategies and choose the best. This one looks interesting too. url

Trio Orchestra EA: A free - no expiry - little grid rider

If you could add this hedge function? We could experiment and see what works. If you have time you could try the other hedge functions as well and see what works? 1. Total Draw down is for example 1 lot buy order, drawdown is -10% of account. At ...

Trio Orchestra EA: A free - no expiry - little grid rider

Yes, now I get it. Thank you! Wish I could test it. Not a coder though..

Trio Orchestra EA: A free - no expiry - little grid rider

Ok, this sounds like a very interesting hedge strategy and I really want to get it. Thanks for trying to make me understand! So hedge after 0.5 lot. 0.6 sell hedge is open. Price moves up 20 pips and now ? can you give an example?

Trio Orchestra EA: A free - no expiry - little grid rider

So if after the first hedge the price moves back up the buy hedge will take profit for the 20 pips recovery zone. Is that what you mean? And why partial closing? Also what if the market turns down again? When to exit the second hedge? Why not just ...

Trio Orchestra EA: A free - no expiry - little grid rider

Last post. My idea is to also add a hedge option that is more than the original hedge size. Say 3 steps of the hedge above and then if the price keeps falling a major hedge bigger than the original orders. There are different ways to hedge. Here is ...

Trio Orchestra EA: A free - no expiry - little grid rider

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Trio Orchestra EA: A free - no expiry - little grid rider

By opening hedge trades in this way, we are safe even if the market turns and begins to recover because the normal martingale trades will cover the hedge trades. If the next 5 trades are recovered, then again we are keeping the distance to recovery ...

Trio Orchestra EA: A free - no expiry - little grid rider

Now there is less distance for the market to recover for us. We have removed a good amount of DD as well now. The next step is when we have removed the first 5 trades, if the market continues in downtrend and makes a new lower low, we open another ...

Trio Orchestra EA: A free - no expiry - little grid rider

In the image above, I have circled the biggest problem for us now in the downtrend. The trades which are furthest away from the current market price. These are causing the biggest problem because they are so many pips away from the market and most ...

Trio Orchestra EA: A free - no expiry - little grid rider

Here I will discuss the idea for hedging. Many ideas have been discussed before. Example, when DD for the pair hits $-100, open opposite pair equal to the total amount of lots of previous trades. This idea is no good because if the market begins to ...

Trio Orchestra EA: A free - no expiry - little grid rider

I liked the option of chosing a lotsize though. Now its in percentage. Other options I thought were helpful are trading time with (true/false) The hedge function Stop trading with certain amount of profit a day The hedge function is complicated, but ...

Trio Orchestra EA: A free - no expiry - little grid rider