Forex Zone - Forex Forum

New EA coding required for 2% daily strategy

Discussion started on New EA Coding

  • Newbie
  • Posts: 42
  • Points: 203
  • Likes Received: 17
  • Reputation: +2/-0
   
    Get 2% daily profit from this Secret Strategy.

  Rules:
        1.  Best pair for this strategy is EUR/USD
        2.  Minimum investment is 128$
        3.  First of all you have to find the trend.
        4.  Do not trade 4 hours before and after major news event.
        5.  In the direction of trend place first trade with 0.01 lot

              Suppose EUR/USD is at 1.3303 and trend is Sell and there is no news event nearby then we shall place first  trade  and five pending orders as follows:


     Trade No.  Lot size    Trade entry      SL              TP          Profit
            1          0.01          1.3303          1.3323        1.3283        2$
            2          0.02          1.3323          1.3343        1.3303        4$
            3          0.04          1.3343          1.3363        1.3323      6$
            4          0.08          1.3363          1.3383        1.3343      8$
            5          0.16          1.3383          1.3403        1.3363      16$
            6          0.32          1.3403          1.3423        1.3383      32$   

Please note if we win at a stage we will stop trading and cancel all pending orders. The net result of either we win our first trade or we win our last trade after losing 05 trades is 2$.

You can increase lot size according to your balance if you want but first try it on demo and then start with small lot.




Linkback: https://www.forex.zone/new-ea-coding/26/new-ea-coding-required-for-2percent-daily-strategy/322/
#1 - October 19, 2018, 11:08:58 AM
« Last Edit: October 19, 2018, 11:31:25 AM by johnplayer102 »

  • Full Member
  • Posts: 244
  • Points: 363
  • Likes Received: 140
  • Reputation: +16/-1
Hi, I can try. BRB.
#2 - October 19, 2018, 04:58:42 PM

  • Full Member
  • Posts: 244
  • Points: 363
  • Likes Received: 140
  • Reputation: +16/-1
 
        3.  First of all you have to find the trend.
Please specify which method should be used to determine the trend in this EA?
Thanks
#3 - October 19, 2018, 05:07:44 PM

  • Newbie
  • Posts: 42
  • Points: 203
  • Likes Received: 17
  • Reputation: +2/-0


  You are right. To find trend you need an indicator. I am attaching two indicator which are 100% Non-repaint. These indicator display an arrow in the direction of trade so trend is in the direction of arrow. Now as soon as the arrow is displayed, trade is made.
      Now to make a trade ea should see both indicators. If both indicators place arrow in the same direction, ea will trade in that direction. I choose this method because i personally use these indicators and results are really awesome
#4 - October 20, 2018, 01:02:21 PM
Attachments:

  • Full Member
  • Posts: 244
  • Points: 363
  • Likes Received: 140
  • Reputation: +16/-1
Thanks, I'll try.
#5 - October 20, 2018, 07:29:55 PM

  • Full Member
  • Posts: 244
  • Points: 363
  • Likes Received: 140
  • Reputation: +16/-1

  You are right. To find trend you need an indicator. I am attaching two indicator which are 100% Non-repaint. These indicator display an arrow in the direction of trade so trend is in the direction of arrow. Now as soon as the arrow is displayed, trade is made.
      Now to make a trade ea should see both indicators. If both indicators place arrow in the same direction, ea will trade in that direction. I choose this method because i personally use these indicators and results are really awesome
Hi, done! Please test it.
New EA coding required for 2% daily strategy in New EA Coding_index
Thanks for waiting.

P.S.Instead of the news filter, I made an option to turn off trading on Friday. To do this, use the following parameters:
"Stop Trading on Friday"
"Time to stop trading"
Filter news will be in the next version.
#6 - March 16, 2019, 09:10:48 PM
Attachments:

  • Newbie
  • Posts: 42
  • Points: 203
  • Likes Received: 17
  • Reputation: +2/-0

Thanks very much.  It will be a valuable addition for traders. I have used it and found good results. However, One  modification i request  that when ea places 1st trade, if the trade wins, the ea cancels pending orders but ea start placing next group of orders (one direct and 5 pending).

         What i recommend ea should not open trade at this stage, after 1st, 2nd , 3rd or any trade wins, it should cancel remaining pending orders and stop working

          thanks in advance
#7 - March 18, 2019, 05:09:48 AM
« Last Edit: April 12, 2019, 09:22:29 AM by johnplayer102 »

  • Hero Member
  • Posts: 742
  • Points: 338
  • Likes Received: 55
  • Reputation: +3/-6
very good results by making graphs that increase
#8 - March 19, 2019, 12:35:53 AM

  • Newbie
  • Posts: 10
  • Points: 195
  • Likes Received: 0
  • Reputation: +0/-0
Hi CrazyProg, You guys created an awesome EA here, Im testing it now. I was wondering if we could add the option to automatically increment the lot sizes as the balance increase by 1K.

ie: 1K starting balance, .01,.02,.04.08,.16,.32 (currrent default)
when the balance reaches 2K the lot size will automatically change to .02,.04,.08.16,.32,.64
3K and 4K and so forth. 

Thank you so much for all your assistance,
Brian



#9 - May 11, 2019, 11:44:07 AM

  • Full Member
  • Posts: 244
  • Points: 363
  • Likes Received: 140
  • Reputation: +16/-1
Hi,
no problem. I'll try.
#10 - May 14, 2019, 06:43:31 PM

  • Newbie
  • Posts: 42
  • Points: 203
  • Likes Received: 17
  • Reputation: +2/-0


  Sir,

              one thing about ea that it only places buy trades. sorry but in a selling trend, it could make huge loss, can u please correct this error

             
#11 - September 27, 2020, 08:36:04 AM

  • Starter
  • Posts: 7
  • Points: 1146
  • Likes Received: 0
  • Reputation: +0/-0
Any new latest update so far on the performance? 🤔 is it good? 
#12 - November 30, 2020, 08:34:37 PM

  • Starter
  • Posts: 2
  • Points: 1377
  • Likes Received: 0
  • Reputation: +0/-0
Hi, I can try. BRB.
I have one profitable indicator for forex trading.
I want to convert indicator to forex ea 
I have full source code 
if the first green line appear to buy( IMMEDIATE BUY STARTING OF THE CANDLE), close the trade end of the candle (  20 sec before )
 if the first red line appear to sell( IMMEDIATE SELL STARTING OF THE CANDLE), close the trade end of the candle (  20 sec before )  
also, I want to stop the loss take profit option.
possible?
I want free coding help me this strategy works very well (scalping )


#13 - December 09, 2020, 07:02:50 AM
Attachments:

Members:

0 Members and 1 Guest are viewing this topic.