Let me be clear on the subject:

I’m talking about an adaptive “trade management” and not a static system that trade random entries.

“trade management” is NOT just setting a lot size and SL+TP. It’s dynamic management as the trade develops – either toward SL or toward profit.

Meaning moving and adjusting SL, dynamic trailing, adding to a…[Read more]

Wrong on first sentence.

I didn’t suggest “an extreme goal in his 1st post: profitability at random entry”.

I suggest a “perfect trader” that will trade even a “bad entry” to a MINIMAL, logical loss – after managing the trade the best way an experienced human can.

G.

Every position that I take have an alternative StopLoss in the form of hedging.

Invest in a method of getting out of an hedging position with minimal profit or BE. It works for me.

When price hits SL – It’s a definite LOSS.

When you are hedging – your money is still in the “game” and you can recover with at least BE.

G.

There is another way:

Instead of StopLoss – use hedging.

That’s what I’m using – but it’s not a simple method and quite difficult and requires experience to get out of such hedging.

As to pi & its skew – related to lot SIZE and trade scaling – that’s what I mentioned in the first post (scaling position size). A feature that is ignored by most…[Read more]

Take this statement, although true, with a grain of salt…

Professional money managers and hedge fund managers are bound to some stupid indexes – in order to measure their “risk level”.

So if they outperform their relative index – they will lose customers because the relevant rating agencies will mark them as “high risk”…

Stupid, but…[Read more]

Don’t “listen” to me… listen to this (math professor):

http://www.linkedin.com/groups/Random-Entry-System-matches-CTA-4394344.S.223752470?qid=7f9b89df-f262-4dff-b93d-058bed187560&trk=group_most_recent_rich-0-b-ttl&goback=.gmr_4394344

G.

  Please seat near me Brother, and we could read and learn together..

Best Regards

MTH

Points #1 & #2 are not needed for this project.

The idea is to take the process of trading AFTER we got some Entry signal, and to manage that trade from that point, adapt to changing market condition and currency pair characteristics.

Imagine that someone gave an order, signal, or already entered a trade – and left the room, leaving you to…[Read more]

Points #1 & #2 are not needed for this project.

The idea is to take the process of trading AFTER we got some Entry signal, and to manage that trade from that point, adapt to changing market condition and currency pair characteristics.

G.

Great Idea as always Brother GG53..

Years ago  I joining group of mql coders to create similar idea.. and honestly we failed, because we grow to ‘too many creative ideas’ stage and everybody ‘defending’ their ‘own’ bright ideas..lol.

the idea to create most complete EA modules consist of;

1. Scanner module, to scan market current situation and…[Read more]

Sure Brother,  I also read Dr.Van Tharp articles and his psychological point of view is 100% correct.. , as I explained for so many times that financial trading business including spot fx is the most ‘simple and easy’ business in the world base on ‘how it done’.  The most easiest basic principle ‘if they going up you go long/buy and if they g…[Read more]

MPTM requires pips parameters, It doesn’t scale trades, lot sizes, etc.

I want the “Perfect Trader” to decide, based on the market and currency pair, on those values.

G.

The main idea is to create an “Intelegent Trader” that takes the entry as an already established fact – and do its best to manage it, even if it leads to StopLoss.

If we succeed with this “Perfect Trader” you can attach it to any other stand-alone strategy that just provide the Entry-signal.

With such a “Trader” you don’t need to re-write the…[Read more]

Congratulation Brother,

Feel free to post here if you need anything related to this renko tool, and I’ll try to answer as far as I can..

Best Regards

MTH

Maybe this example will steer you in the right direction:

Many standard indicators (oscillator types) will show you DIVERGENCE from actual price-action.

Those divergence are very powerfull trading signals, and almost immediatly price-action will follow (or “correct” itself) to the direction of the indicator.

So there is “something” that the…[Read more]

Maybe this example will steer you in the right direction:

Many standard indicators (oscillator types) will show you DIVERGENCE from actual price-action.

Those divergence are very powerfull trading signals, and almost immediatly price-action will follow (or “correct” itself) to the direction of the indicator.

So there is “something” that the…[Read more]

Maybe this example will steer you in the right direction:

Many standard indicators (oscillator types) will show you DIVERGENCE from actual price-action.

Those divergence are very powerfull trading signals, and almost immediatly price-action will follow (or “correct” itself) to the direction of the indicator.

So there is “something” that the…[Read more]