good job, cozbek!! as we can see in the image, more than 800 pips(floating) in a down trend of 150pips i can see your range is 10 pips, how many looses? and how many break evens? thank you a lot.

let's go where the price goes

hi, kapybara. no, this system doesn´t work well this way. a litlle retracement destroy all the snowball we aren´t looking for small profits. whit a 20 range pips, we are looking for a 200-300 pips movement. look the image of the first post. you can ...

let's go where the price goes

thanks to roundrock, for his interest in this thread.

let's go where the price goes

hi, trade4fun. i´m agree whit you in the basics, i don´t think coders overcoplicate the system, they try to do it better. i think, this ea should have 3 variables: 1: lot size (fixed, whitout MM) 2: range between the orders (to allow short of long ...

let's go where the price goes

hi, momo. this is only a detailed example of how the system works, and how the EA should works. in a real trade, you decide when to finish, based on your own thinking or system. in my case i decide it based on S/R, trendlines and price action.

let's go where the price goes

I recommed to use this system in combination whit your owns system. it could be used alone and wait for a new trend, but if you use it in combination whit one profitable system you can easy multiply your profit.

let's go where the price goes

yes, tp is a individual choice, you can use a x number of pips or levels, s/r, when you think that is enought for you, or you can close many orders and let the others run.

let's go where the price goes

ok, i try to explain it slowly example 1: open buy 1.3500 sl 1.3480 send 2 pending orders 1 buy stop 1.3520 sl 1.3500 1 sell stop 1.3480 sl 1.3500 price reach 1.3520 2: 1st open buy, move the sl at break even 1.3500(20 pips floating) send 2 pending ...

let's go where the price goes

this is what i´m looking for.

let's go where the price goes

nice work, ninponjutsu. thank you.

let's go where the price goes

Quote: Originally Posted by globalinvest image How does this approach exactly work ? Let us say you buy eur/usd at 1.3500. You then place a sell order at 1.3480 and a buy order at 1.3520. If price goes up to 1.3520 the buy order is triggered - ...

let's go where the price goes

thank you very much, ninpojutsu.

let's go where the price goes

this is a pyramid system. but in diferent whit other system we only pyramid winner trades. there aren´t floating lossers. if there is a change in the direction of the trend the open trades one by one began to close in break even while the opposites ...

let's go where the price goes

you can see in the first image, in a downtrend of 300pips between 25/11 and 30/11 more than 10 position are alive whit a result of more than 2000pips in this case the range is 20 pips, you may lost 100 positions or more to not earn money.

let's go where the price goes

yes, it´s a pyramid system. you choose what range want to use and you add when next level is reached, only price based system not indis in my trading i only use s/r and trendlines and when i think a new trend has begun then start to add lots every ...

let's go where the price goes

i started this thread trying to develop an ea for this system. nothing more. new ideas and coders are welcome.

let's go where the price goes

i have nothing personal with you, ninpojustsu. don´t tell us it´s hard to explain. you have a lot of threads open in this and other forum explainig a lot of systems, a lot of ea´s and you asked in this forum for an EA to do this. now you have it, if ...

let's go where the price goes

and usually there isn´t big drawdows because there is always open orders whit floating pips.

let's go where the price goes

we can trade this system in short term or long term trading depending the distance between the orders. searching for 200 or 5000 pips in a trend of 200 pips we can capture 800-1000 pips. as you can see in the fist post image. in ranging markets we ...

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this idea need to be coded in an EA. because has to maneged a lot of open orders and monitoring the market 24h a day i think it isn´t very dificult, but i´m not a coder. ninpojutsu has the ea but he tells me that he don´t want to share. if ...

let's go where the price goes