Re: Automated pyramid trading system for shares and forex
Hi, I open this thread to talk about the pyramidal system. I already have one armed, but it still needs improvements. I am not a programmer, so any help is welcome. The first thing that can be improved is to add some loops. Use this system at your own risk. My plan is: Find US shares below 21 dollars/euros. When the price rises above the low level of the stochastic, the first batch of 0.01 is purchased. If the price drops, another lot of 0.01 is purchased. If the price rises above the purchase price + spread, the trailing stop is activated. Definitions: lowlevel: when the stochastic crosses level 10 a lot is purchased. maxprice: nothing will be purchased above this price (maximum = price + spread
Re: Automated pyramid trading system for shares and forex
To those who say that this doesn�t work because it doesn�t have stop Loss I say something clear: they have no idea what it�s like to manage a strategy with network logic. Stop Loss is not mandatory if it�s compensated with exposure management, defined ranges and staggered entries. Of course, if you just know how to put a trade and cross your fingers, this isn�t for you. Yes, you can burn an account if you use it wrong, like any EA, indicator or system in the world. But for that it is tested and adjusted. This EA is not made for you to throw it and go to sleep dreaming about Lambos. It�s thought to make you understand the price dynamics and control it as a tool, not as magic.
Re: Automated pyramid trading system for shares and forex
Thanks to those who continue to share results and improve code. This would not be possible without an active and collaborative community. Seeing how the EA adapts to different temporalities and assets makes me think that it has a lot of potential if it continues to polish. I totally agree that it is missing to add key parameters such as limit of simultaneous operations and execution time range. Not everyone can stand in front of the chart all day. So, if someone with programming knowledge is encouraged, those are the next logical steps.
Re: Automated pyramid trading system for shares and forex
To those who complain that the EA only buys: yes, it does, because that was the initial intention, to look for accumulation points in support zones. Not all systems have to be bidirectional. Sometimes, less is more. That doesn�t mean that you can�t adapt. But if you�re going to modify it to make sales, keep in mind that logic changes. It�s not about copying and pasting code blocks, but understanding why it was designed like this and how the price behaves in each type of operation.
Re: Automated pyramid trading system for shares and forex
I understand the concern about the number of operations you can open in a short period. It�s something you definitely need to tune in. The steplevel parameter and drop_divideur are your best allies to control that. Don�t expect this to work as an EA of a large firm with millions invested in development. It�s a collaborative prototype. If you expect something polished and perfect, pay for a private system. Here we�re building something together, from scratch.
Re: Automated pyramid trading system for shares and forex
Most who lose with this EA do it out of impatience. They throw it without understanding anything, without trying it in demo, without backtest, and then come here to cry that �it doesn�t work.� The least you can do is understand what you�re using. If you�re going to get into trading with a pyramid system without knowing how the price reacts, how it behaves in trend and how to protect your account, better or use it. This isn�t for casino players. It�s for traders with heads.
Re: Automated pyramid trading system for shares and forex
I saw several comments asking about the use in D1, M5, H1... The reality is that it works in all the temporalities if you know how to adjust it. Of course in M1 the risk is triggered if you don�t have margin control and lotage. If you�re a beginner, stay on H1 or D1, define your levels well and narrow down the trading range. The system has scope to adapt, but if you force it to operate where it shouldn�t, don�t expect miracles. The tool is good, but you�re the one who makes the decisions.
Re: Automated pyramid trading system for shares and forex
I'm surprised how many people try this without knowing what a mobile average is. Really, do you really start to use an EA without understanding what the indicator that activates it does? It's like driving without knowing what the brake pedal does. Please read a little. Just knowing what an MA is, a stochastic and how the spread is measured, you'll already have a better idea of what to adjust. This isn't black magic or quantum physics, but it does require more than clicking and waiting.
Re: Automated pyramid trading system for shares and forex
I appreciate the technical comments of those who do take the time to test and contribute ideas. That�s what gives value to this thread. EA has a lot of potential, but it needs a team behind it to take it to the next level. The idea is not to have an EA that does everything for you, but one that you can adapt to your style. Some use it for actions, others for forex, and others have even turned it into a scalping machine. That�s the power of an open source: everyone adapts it to their own way.
Re: Automated pyramid trading system for shares and forex
I have seen that several use drop_divideur incorrectly. This parameter is not to see "how many pips under purchase", but to manage the size of the lots when climbing. If you put it too low, you stick with huge lots without realizing it. My recommendation is that you don't go down from 0.0008 until you have a lot of experience. And if you don't understand what you're doing, always use micro lots. Don't think yourself smarter than the market. This system rewards patience, not arrogance.