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Attachments: tictac-nur@Zone Recovery Management EA
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tictac-nur@Zone Recovery Management EA

  • #21
  • May 29, 2016 9:32am May 29, 2016 9:32am
Quoting maflip
Will blow up your account I assure you. If you get lucky and make 100% withdraw your money and run right away. Or, start small make 100% withdraw the profit. Then start over. On second attempt let it roll to 200% then withdraw the 100% profit. Then up to you, let the third attempt roll until it blows up or do the same. Make sure you always withdraw money because this will blow up someday. I've seen someone here did a martingale live and turned $5,000 into $44,000 and did not withdrew until it blows up. ouch.... got too greedy
Are you talking about this guy http://www.forexfactory.com/showthread.php?t=575628 ?
  • #22
  • May 29, 2016 11:49am May 29, 2016 11:49am
Hi Tictac-nur
Your EA seem very good, but have got some bugs, I think you must fix it
I try test your EA as you share, but saw your EA limit is maximum cyle 5, you should cancle it
You see the picture bellow, all DD by this function
Attached Image (click to enlarge)
Click to Enlarge Name: Ảnh chụp Màn hình 2016-05-29 lúc 23.36.07.png Size: 90 KB
  • #23
  • May 29, 2016 5:59pm May 29, 2016 5:59pm
Quoting Antony_sg
Hi Tictac-nur Your EA seem very good, but have got some bugs, I think you must fix it I try test your EA as you share, but saw your EA limit is maximum cyle 5, you should cancle it You see the picture bellow, all DD by this function {image}
Yes i tuned it for maximum of 5 cycle only. It will cut loss once 10% drawdown is reached. you can increase the cutloss option in the menu:
1)Cut_Loss_Ratio :
default : 0.1 = 10% drawdown
(increase this option it will continue the cycle but with larger drawdown)

2)Hedge Multiplier:
default : 2.0
by reducing the multiplier (example set it to : 1.3) it can do more cycle even with 10% cutloss drawdown.
Multiplier of 1.0 is complete hedging the open position. So set it above 1.0 if you want it to continue with recovery cycle.
  • #24
  • May 29, 2016 10:50pm May 29, 2016 10:50pm
Quoting tictac-nur
{quote} Yes i tuned it for maximum of 5 cycle only. It will cut loss once 10% drawdown is reached. you can increase the cutloss option in the menu: 1)Cut_Loss_Ratio : default : 0.1 = 10% drawdown (increase this option it will continue the cycle but with larger drawdown) 2)Hedge Multiplier: default : 2.0 by reducing the multiplier (example set it to : 1.3) it can do more cycle even with 10% cutloss drawdown. Multiplier of 1.0 is complete hedging the open position. So set it above 1.0 if you want it to continue with recovery cycle.
I see, but I mean better if you turn on this function (overall max cycle) on board for clients choose, don't should fix.
I just monitor it running on GU and see, sometime if it turn cycle again can make profit instead hit SL, DD can control by hedging ratio.
You saw my picture last time, all DD from this function even though I set how much ratio.
@ other function: you should play trailing stop in lieu of TP when it reach the level, example: when EA make profit at 1.32400, in stead of TP, you put SL and move it follow market (trailing SL), it will make more profit than expect
Cheer.
  • #25
  • Edited May 30, 2016 12:00am May 29, 2016 11:27pm | Edited May 30, 2016 12:00am
Quoting tictac-nur
To completely understand how this zone recovery function. Try to listen from this guy speech: https://www.youtube.com/watch?v=Gbrf7nCDCpA
ooooh, not that J.Nemeth crook again!
It's a refined martingale system. All martingale systems are exposed to "the black swan" ...one day the price will oscillate too many times between the buy line and the sell line consuming the whole account!!!
I used it for years on demo, it's extremly dangerous or not profitable ...take care!

Edit:
- if the Cut_Loss_Ratio is too big, it's too risky
- if the Cut_Loss_Ratio is too short, it's not so profitable
Take care!
Member
  • #26
  • Jun 4, 2016 10:55am Jun 4, 2016 10:55am
Hi
please reply to me ASAP need urgently to use this EA but question is:

If I have an order just running in negative that is under hedge can the EA catch for the same maybe by magic number or somehow I have to adapt for next orders done to balance?

Please reply to me ASAP and very thanks for your sharing

In case I have to apply logic manually what the logic to calculate sequence of size lots?
  • #27
  • Jul 13, 2016 5:11am Jul 13, 2016 5:11am
the EA got a bug i think i am trying it for like 2 weeks now
and i set the auto trade to falus and i manually open trade it works fine till the time it start open trades by it self
do u all folks have this problem too ?

or is there a new virgin for it ?
Senior Trader Multi-Account Manager
  • #28
  • Jul 13, 2016 5:29am Jul 13, 2016 5:29am
Quoting lorix
or is there a new virgin for it ?
I hope you mean version....
  • #29
  • Jul 13, 2016 5:46am Jul 13, 2016 5:46am
Quoting kostas1
{quote} I hope you mean version....
hhhhhhhhhhhh
Senior Trader Multi-Account Manager
  • #30
  • Edited 12:15pm Jul 14, 2016 7:41am | Edited 12:15pm
the system works perfect if you use the control point method for backtesting. is there a way to replicate this behaviour under real "every tick" circumstances?

Attached Image (click to enlarge)
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EURUSD 2009-2011 1H chart

control points:
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Attached Image (click to enlarge)
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every tick:
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: tick2.PNG Size: 24 KB
  • #31
  • Sep 1, 2016 6:19pm Sep 1, 2016 6:19pm
Hi

Am trying your EA but I want to understand what is the profit target and how it works and can I control this ?
my demo account balance is $3000
and one pair shows me a profit target of $29.93 and the other shows me $3013...

please take a look at my settings for both pairs and tell what am I doing wrong ?

Attached Image (click to enlarge)
Click to Enlarge Name: EUR EA.jpg Size: 183 KB


Attached Image (click to enlarge)
Click to Enlarge Name: CHF EA.png Size: 86 KB
  • #32
  • Sep 1, 2016 6:52pm Sep 1, 2016 6:52pm
I can not get a good set. Let me know if anyone has a good setfile they would like to share
  • #33
  • Sep 14, 2016 6:23am Sep 14, 2016 6:23am
can any one upload set file plz
  • #34
  • Sep 14, 2016 6:58am Sep 14, 2016 6:58am
Is it possible to open the first trade manually?
  • #35
  • Sep 14, 2016 3:15pm Sep 14, 2016 3:15pm
The problem with this EA that when I enter a new trade it immediately places the opposite trade (recovery trade) which is good ...but when the intial trade is closed for hitting the target profit the pending order of the recovery trade dose not cancel and remains there which is very risky.,
can the owner of this EA fix this bug?

Regards
  • #36
  • Oct 3, 2016 11:47pm Oct 3, 2016 11:47pm
I found similar EA like this, it use on EJ pair, 20 pipstep, 30 TP,50 SL, lot size 2x . it blow account when the pair ranging
  • #37
  • Oct 4, 2016 1:08am Oct 4, 2016 1:08am
Quoting ronald_fsm
I found similar EA like this, it use on EJ pair, 20 pipstep, 30 TP,50 SL, lot size 2x . it blow account when the pair ranging
Before the account is blown up, you will get a margin call from your broker and then he will close your trade. This kind of EA is to use in the right situation, when the market is volatile and/or trending. It is not a cash machine which can be applied without observation and intention!
  • #38
  • Nov 3, 2016 2:31am Nov 3, 2016 2:31am
As someone metioned above; is there a way to enter the first trade manually?
I would only like to use this EA for the recovery part if a trade goes against me but my entry I would discretionary.

regards
  • #39
  • Nov 4, 2016 5:58am Nov 4, 2016 5:58am
Quoting tictac-nur
{quote} HedgeRecovery Mode is not FIFO compliant.. because it open buy and sell at the same time. With FIFO broker user can disable hedgerecovery function. All trade will close when profit target is hit or cut loss target is reach.
Hi Tictac-nur,
COuld you send the .mq4 format of the EA. Finding it difficult to open th .ex4 file...
  • #40
  • Jan 30, 2017 6:33pm Jan 30, 2017 6:33pm
Hi Tictac-nur

I am working on your ea this months, how can I contact you?

I am still hoping a development for this ea
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