The Coin-Flip Theory | Foreign Exchange EA Download- MT4/MT5 Resources

EAcpu | 4 reads | 0 comments | 2026-05-03

coin toss theory
Hello everyone,

I want to tell you something about this strategy http://www.forexfactory.com/showthread.php?t=494447 (more of a system because MM etc. are not included) I am a student, 19 years old, I study economics. I have been paper trading since I was 16 and live trading when I was 18. I saw a lot of strategies and systems, made my own based on other strategies and systems, and finally finished it after a lot of tweaking. Its monthly revenue is stable at x%. Every day I have to do the same thing, mentally prepare myself, read some upcoming news (I trade in technology); it makes me bored. I still love trading, don’t get me wrong.

Then I read this article about a month ago, http://www.forexfactory.com/showthre...444377&page=79 From a mathematical point of view this is fairly easy, but in practice it's really hard, as is the case with math problems. I really like making things work, so I started looking for a basic working system for this and made my own from other systems (which I really recommend to beginners after they've read everything about Babypips).

Now I'm going to tell you why I'm posting this here. My system from scratch is almost identical to the one posted by the OP here http://www.forexfactory.com/showthread.php?t=494447.

rule:
- Major currency pairs are traded hourly, I only trade EUR/USD
- Trade on the second candle after the opening of the London session (so you are not disturbed by the opening breakout).
- Close the trade at the opening price of the candle
- Open a trade at the closing price of the candle
- Buy when the candle is bullish
- Sell when the candle is bearish
- No TP level
- SL is yesterday's high or low (depending of course if you are selling or buying).

More information about SL. I have an EA that closes trades instead of a fixed SL in case the broker stops hunting (I don't think they do that, but you never know). The EA closes the trade when the candle appears above/below yesterday's high/low. Therefore, it does not close the trade when price spikes within the range and retraces.

Because this is a very risky system, you can start with a very low bank. I started with $100 (one trade was the whole bank), almost everyone in the trading industry can afford to lose, and if you can't, you shouldn't be trading at all. I trade with a very high leverage of 1:2000. This isn't required, but I did it to see how I would react. If you want to trade at 1:2000, you need to have nerves of steel. Because the leverage is too high, I can't just use normal stop loss rules. My DD has to be 50% to use 1:2000, so I can only lose 34 pips (5 brokers, spreads are 5-8 pips, commissions are above average when you make winning trades, but zero commissions when you make losing trades, so that's really good!) I said to myself to use this rule after I get 500% growth, because I thought I would never succeed.

result :
Leverage 1:2000 from June 17 to present starting from 100$

First day of sales:
Open 1.35619
Closing price 1.35531 Gain: 88 points
88 points x (0.00001/1.35531)x(100$ x 2000) = 129$ +100$ = 229$

Purchase Day 2:
Opening 1.35570
Closing price 1.36375 Gain: 805 points
805 points x (0.00001/1.36375)x(229$ x 2000) = 2703$ +229$ = 2,932$

Sales Day 3:
Open 1.36349
Closing price 1.36103 Gain: 246 points
246 points x (0.00001/1.36103)x(2932$ x 2000) = 10,598$ +2703$ = 13,530$

Sales Day 4:
Open 1.36023
Closing price 1.35803 Gain: 220 points
220 points x (0.00001/1.35803)x(13,530$ x 2000) = 43,837$ +10,598$ = 54,435$

Sales Day 5:
Open 1.35764
Closing price 1.35798 Profit: -34Pips
-34 points x (0.00001/1.35798)x(54,435$ x 2000) = -27,257$ +544,35$ = 27,178$

Sales Day 6:
Open 1.36197
Closing price 1.36088 Gain: 109 points
109 points x (0.00001/1.36088)x(27,178$ x 2000) = 43,536$ +27,178$ = 70,714$

Purchase Day 7:
Open 1.36028
Closing price 1.36230 Gain: 202 points
202 points x (0.00001/1.36230)x(70,714$ x 2000) = 209,707$ +707,14$ = 280,421$

Sales Day 8:
Open 1.36138
Closing price 1.36172 Gain: -34 points
-34 points x (0.00001/1.36172)x(280,421$ x 2000) = -140,210$ +280,421$ = 140,210$

Sales Day 9:
Open 1.36115
Closing price 1.36149 Gain: -34 points
-34 points x (0.00001/1.36149 )x(280,421$ x 2000) = -140,210$ +280,421$ = 140,210$

Sales Day 10:
Open 1.36527
Closing price 1.36561 Gain: -34 points
-34 points x (0.00001/1.36561)x(140,210$ x 2000) = -70,105$ +140,210$ = 70,105$

Purchase Day 11:
Open 1.36886
Closing price 1.36852 Profit: -34Pips
-34 points x (0.00001/1.36852)x(70,105$ x 2000) = -35,052$ +70,105$ = 35,052$

Purchase Day 12:
Open 1.36555
Closing price 1.36521 Gain: -34 points
-34 points x (0.00001/1.36521)x(35,052$ x 2000) = -17,526$ +35,052$ = 17,526$

Sales Day 13:
Open 1.36515
Closing price 1.35881 Gain: 634 points
634 points x (0.00001/1.35881)x(17,526$ x 2000) = 163,547$ +17,526$ = 181,073$

Purchase Day 14:
Open 1.35879
Closing price 1.35981 Gain: 102 points
102 points x (0.00001/1.35981)x(181,073$ x 2000) = 271,847$ +181,073$ = 452,920$

Sales Day 15:
Opening 1.35953
Closing price 1.36987 Gain: -34 points
-34 points x (0.00001/1.36987)x(452,920$ x 2000) = -226,460$ +452,920$ = 226,460$

Sales Day 16:
Opening 1.35928
Closing price 1.35962 Gain: -34 points
-34 points x (0.00001/1.35962)x(226,460$ x 2000) = -113,230$ +226,460$ = 113,230$

Purchase Day 17:
Open 1.36123
Closing price 1.36337 Gain: 214 points
214 points x (0.00001/1.36337)x(113,230$ x 2000) = 355,460$ +113,230$ = 468,690$

Sales Day 18:
Open 1.36237
Closing price 1.36127 Gain: 110 points
110 points x (0.00001/1.36127)x(468,690$ x 2000) = 757,467$ +468690$ = 1,226,157$

Sales Day 19:
Open 1.36039
Closing price 1.36073 Gain: -34 points
-34 points

Sales Day 20:
Open 1.36210
Closing price 1.36040 Gain: 170 points
170 points

Total gain: 2594 points
Growth rate: 429,060%

Sales Day 21:
Open 1.35968
Closing price 1.35426 Gain: 542 points
542 points

Sorry for the confusion Excel caused.

in conclusion :
I did it with real money because it was only $100. The next day my nerves were put to the test and I discovered that almost a margin call was no fun, of course I was filled with joy on the first day but on the fifth day I peed my pants. It was so painful to see such a big DD (which I knew before I started, but still...), especially with a large amount of money. The world stood still for a moment. So my first reaction that day was to take out all the money inside. 27k is still a big deal. I just keep writing on paper to see if I'm lucky, to see the pros and cons, etc. It's a big gamble. I wouldn't recommend it, but you will learn an important lesson in how you react in this situation and what your emotional drive is. Then the $100 is really worth it.

It is also worth mentioning that institutions are not everything, strategy is. As you can see, the entries are almost identical to flipping a coin. But what can you do with good Stop Loss and Take Profit levels, support and resistance levels (yesterday's high/low). Cut your losers and let your winners run. Use the leverage you can handle, good MM, etc.

Maybe I would open an account on a broker with lower leverage (like 1:200) which allows Forex Factory Browser

Bringing green to everyone