Pyramid system | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources
Hi
I start this thread about pyramid.
I have made a pyramid system already but it must need some work. I am not a programmer so any help is welcome.
the first thing that can be better is to insert some loops.
Just use the system on your on risk.
my plan is
1 search for usa stocks below 20 euro/dollar.
2 When the price rice above the stochastic lowlevel the first lot 0.01 will be bought.
3 when the price drops then another lot 0,01 will be bought
4 when the price rice above buy + spread the trailerstop will move in place.
When the stochastic cross level 10 lots will be bought at the low level.
maxprice means there will be no lots will be bougth above this price. (maximum = price + spread)
lowprice means there will be no buy below the low
magicnummer has to be changed by every new chart
Timetable is a chart
maperios is the ma
steplevel is the percentage when a buy order will be placed.
profit when set at 0 then all open positive orders will be closed at closing if close all set on true
closeall set on true or false
hour set the hour
minute set the minute
(when close all is true profit is 10 hour is 20:00 minute = 55 then all open orders with a profit more then 10 will be closed from
20:55 to 21:00
the best way is to search for stocks with low swap like zynga, nokia, vale (the reason is swap)
When setting lowprice to 1, it is possible to calculate the possible maximum loss. When setting the maximum loss on stocks to 1% starting from 5 euros, your maximum loss will be approximately 500 euros; when trading stocks starting from 15 euros, your maximum loss will be approximately 1500 euros.
This is the latest version i like to use.
Rijfie pyramid version 1.12.mq4
There is only one thing to do when using this EA, then consider closing all open orders above 0 before the closing time. (This is because there is a gap on the second day)
In versions 1,10 it is possible to close trades before closing time above 0. (by using profit and setting close all to true, then setting hours and minutes)
New version 1.12 percentage is changeable by setting steplevel1 set steplevel1 at 1 means 1%, 5 means 5%.
I start this thread about pyramid.
I have made a pyramid system already but it must need some work. I am not a programmer so any help is welcome.
the first thing that can be better is to insert some loops.
Just use the system on your on risk.
my plan is
1 search for usa stocks below 20 euro/dollar.
2 When the price rice above the stochastic lowlevel the first lot 0.01 will be bought.
3 when the price drops then another lot 0,01 will be bought
4 when the price rice above buy + spread the trailerstop will move in place.
When the stochastic cross level 10 lots will be bought at the low level.
maxprice means there will be no lots will be bougth above this price. (maximum = price + spread)
lowprice means there will be no buy below the low
magicnummer has to be changed by every new chart
Timetable is a chart
maperios is the ma
steplevel is the percentage when a buy order will be placed.
profit when set at 0 then all open positive orders will be closed at closing if close all set on true
closeall set on true or false
hour set the hour
minute set the minute
(when close all is true profit is 10 hour is 20:00 minute = 55 then all open orders with a profit more then 10 will be closed from
20:55 to 21:00
the best way is to search for stocks with low swap like zynga, nokia, vale (the reason is swap)
When setting lowprice to 1, it is possible to calculate the possible maximum loss. When setting the maximum loss on stocks to 1% starting from 5 euros, your maximum loss will be approximately 500 euros; when trading stocks starting from 15 euros, your maximum loss will be approximately 1500 euros.
This is the latest version i like to use.
Rijfie pyramid version 1.12.mq4
There is only one thing to do when using this EA, then consider closing all open orders above 0 before the closing time. (This is because there is a gap on the second day)
In versions 1,10 it is possible to close trades before closing time above 0. (by using profit and setting close all to true, then setting hours and minutes)
New version 1.12 percentage is changeable by setting steplevel1 set steplevel1 at 1 means 1%, 5 means 5%.
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