MeMe Trades + Hedging System

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Howdy guys, I wish to know if somebody can be keen to code this, I believe that could possibly be worthwhile. Any suggestions can be appreciated, even if you happen to assume that is crap! hahaha, however please give at the very least a proof MeMe Trades + Hedging System 1

Really I do not know if there's an EA that truly works like this... So let me clarify every part...

Months in the past I began to commerce utilizing an EA Developed by member jansb000 (100% primarily based on Commerce Made Easy Strat), I've been buying and selling efficiently because the EA is ready to handle the trades mechanically following a system launched by emmanuel7788 named MeMe (I believe it stands for A number of Entries A number of Exits)... I take advantage of this EA to commerce after I'm at work principally and in addition to handle the trades of my "system" in the intervening time which lowered my loses to 0 (Most likely till I take a success MeMe Trades + Hedging System 1)

This MeMe system, simplified, consists within the following:

To make it easy for example we go brief on EURUSD at 1.23, Our ADR(100/2) is 99Pips and our Unfold is 1Pip

- Place first LIMIT ORDER at 1.24
- Place a SL at 1.25
- Outline then TP, for example, 100Pips for 1:1 at 1.22

If the commerce is okay, wow, excellent, we go and purchase a Kebab with our hard-earned 100pips, but when it goes the alternative we do the next:

- Worth goes in opposition to us and reaches the primary LIMIT ORDER at 1.24
Order will get triggered and we've now 2 SELL Orders one at 1.23 and different at 1.24

- New LIMIT SELL is created at 1.25 (The place SL was)
- SL is being moved to 1.26
- Calculate then the brand new TP, as order went in opposition to us we wish to get out of the commerce, so we'll search for a BE or BE+small revenue if we're nonetheless grasping.
- Worth goes again and hits our TP, on this case, we're out of the commerce in BE even when initially it went in opposition to us.

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Instance:

Hooked up Picture
MeMe Trades + Hedging System 3

Now for example, value retains going in opposition to us much more:

- Worth triggers our Second "MeMe Order" at 1.25
- New LIMIT SELL is created at 1.26 (The place earlier SL was)
- SL moved to 1.27
- New TP is now being recalculated and set once more, this time contemplating we've 3 SELL Orders working

And instance of a really unhealthy entry:

Hooked up Picture
MeMe Trades + Hedging System 4

I suppose you already acquired the purpose...

This clearly, isn't the Grail, and you can not accumulate limitless drawdown ceaselessly (Or you possibly can?) however is a extremely great way of closing your commerce in revenue when you've got a system that's telling you to go, after which every part goes in opposition to you.

As this technique is ready to get out with out an excessive amount of troubles from a foul commerce, what would occur if we place a SELL and BUY order at similar time?

This commerce from earlier instance:

Hooked up Picture
MeMe Trades + Hedging System 4

SELL Order would have closed in revenue after 3 MeMe Trades
BUY Order would have closed in revenue in just a few hours, after this, I am open to suggestion if it is value to enter once more to maintain hedging the earlier one and accumulating revenue.

From my understanding even in Vary or Pattern this sort of "method of labor" ought to be worthwhile.

In UPTREND purchase order can be "hedging" and shutting earnings whereas SELL can be producing some drawdown, after a small pullback promote order would shut in BE whereas all of the Patrons would shut reaching TPs

In RANGE, each order can be accumulating some drawdown if among the MeMe Orders are triggered, however beneath the minimal motion in our route, they might find yourself closing in BE, so nonetheless no loss and perhaps even very small earnings.

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I am open to solutions! Who's to code this? MeMe Trades + Hedging System 1

TMS EA - Demo All Time Return: 36.1%
That appears fascinating, my pal...remembers me on this:
Hooked up File
File Type: pdfTips on how to Construct a Place.pdf  3.1 MB | 157 downloads
The EA behaviour:
1. It's a martingale each aspect. execute purchase and promote on the similar time.
2. Lot use is base on fibo sequence.
3. Present default commerce hole is 10 pips.

double LevelBuy[13] = ; //12 Stage Purchase 
double LevelSell[13] = ; //12 Stage Promote 
double LevelRecovery[13] = ; //12 Stage Restoration 

I am utilizing fibo sequence within the code (Some degree usually are not actually observe). maybe it may be change to ATR degree and cheap TP.

Edit: Since this EA do each aspect. TP will be hedging at revenue attain degree or SL for each every route. I have never try this but. Please contemplate to have perform prefer to get USD XXX perday, as soon as attain EA will cease commerce for that day, ADR shall have some affect.

Regards...

Hooked up File
File Type: mq4 KhelemenExpert v2 .mq4   33 KB | 88 downloads

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