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Trim6 (Trim6) | Forex EA Download - MT4/MT5 Resources | MT5 EA Download - MetaTrader 5 Resources

author EAcpu | 3 reads | 0 comments |
First, please read my FAQ: http://www.forexfactory.com/showthread.php?t=252690

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The system is the same as Reverse6, except that we only close the biggest losers; we do not reverse them, which means we do not open new trades in the opposite direction.
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additional
appendix
[MQ4] Trim 6_01.mq4 35 KB | 374 downloads
or
appendix
[MQ4] Prune 6_01a.mq4 35 KB | 297 downloads | Uploaded at 12:02 on September 8, 2013
or
appendix
[MQ4] Trim 6_02.mq4 35 KB | 341 downloads | Uploaded on September 21, 2013 at 2:05
Any chart, any time frame. Do not attach more than one chart.

Read this post http://www.forexfactory.com/showthre...70#post6947370 to see the pruning conditions added in version 01a.

These are the currency pairs we trade:

Group 1, buyers
1. GBP/USD
2. USD/CHF
3. Euro Japanese Yen

Group 2, Sales
4.GBPCHF
5. Swiss franc Japanese yen
6.EUR CHF

These 6 pairs constitute a comprehensive hedge.

The lot size is not the same for every currency pair. They are designed to provide a good hedge. Hedging is not perfect because poor lot size does not allow for perfect hedging, only good hedging.

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summary:

Real trading and virtual trading are initially opened unconditionally; when the phantom becomes all winners or all losers in its designated group, the largest losing trade is closed.

When the current net value exceeds 1% of the last fixed net value, all are closed.

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More details:

Initially, the currency pair of the designated buy group is bought and the currency pair of the designated sell group is sold. In addition, open virtual trades are in the same direction as real trades. Track virtual P&L on virtual trades.

When dummy trades are grouped together, the largest losing trade is closed such that all dummy buys are winners or all losers, and the same is true for dummy sells. Virtual trades are reset immediately after closing the maximum loss.

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