Page 15 of 19
Re: Is this setup valuable?
Posted: Fri Aug 08, 2025 1:02 am
by updowncrude
Cagliostro wrote: Fri Aug 08, 2025 12:39 am
Grids will sooner or later delete your account, this is a no brainer. Stuff for 100 USD accounts.
Dont I know that ? The trick is in the tier 2, increased distance spacing and sequential exits.
4 Tiers, each tier has its own settings,spacing , sequential exits and Lot sizes.
Daily volatility / vix taken into consideration for each tier exit.
Risk management and exit mechanism is 80%, indicator RSI part is only 20%.
Re: Is this setup valuable?
Posted: Fri Aug 08, 2025 1:37 am
by Cagliostro
updowncrude wrote: Fri Aug 08, 2025 1:02 am
Dont I know that ? The trick is in the tier 2, increased distance spacing and sequential exits.
4 Tiers, each tier has its own settings,spacing , sequential exits and Lot sizes.
Daily volatility / vix taken into consideration for each tier exit.
Risk management and exit mechanism is 80%, indicator RSI part is only 20%.
I've sailed those seas for a decade. The end is always the same, even if had years with algos making 300%.
There is no trick, just unmanaged risk.
Re: Is this setup valuable?
Posted: Fri Aug 08, 2025 2:37 am
by updowncrude
Cagliostro wrote: Fri Aug 08, 2025 1:37 am
I've sailed those seas for a decade. The end is always the same, even if had years with algos making 300%.
There is no trick, just unmanaged risk.
"In this decade of supercomputing, you're still talking about the past. If you're approaching this with prejudice, you won’t be able to understand what I’m trying to build or the logic behind it. 20% is about indicators, and 80% is about risk management — and I’ve clearly explained what underlies the risk management part. Still, I appreciate your caution. At the end of the day, it's my money, and I don't have to prove anything to you — for God's sake."
Re: Is this setup valuable?
Posted: Fri Aug 08, 2025 3:35 am
by Cagliostro
updowncrude wrote: Fri Aug 08, 2025 2:37 am
"In this decade of supercomputing, you're still talking about the past. If you're approaching this with prejudice, you won’t be able to understand what I’m trying to build or the logic behind it. 20% is about indicators, and 80% is about risk management — and I’ve clearly explained what underlies the risk management part. Still, I appreciate your caution. At the end of the day, it's my money, and I don't have to prove anything to you — for God's sake."
That's right, it's your money, but when you post such stuff on a public forum, people read and someone with less experience than you can believe that using martingale or grids they can make easy money. There's an element of responsibility to consider before sharing something that "looks" easy and very profitable.
For everyone's benefit:
-not using a SL is gambling
-adding to a losing position is gambling, wisdom is cutting losses fast, the exact opposite
-there is no risk management with any kind of grids and martingale systems
this is not an opinion, this is math!
PS: FYK I started to code in assembly in 1981, and was a founding member of AIXIA in 1988, the Italian Association for Artificial Intelligence. More, I created the first AI driven cybersec solution in Europe in 1999 and kept working with AI for the next decades. I am not concerned about supercomputing or artificial intelligence, but more about human stupidity.
Re: Is this setup valuable?
Posted: Fri Aug 08, 2025 3:57 am
by Meyney
Cagliostro wrote: Fri Aug 08, 2025 3:35 am
That's right, it's your money, but when you post such stuff on a public forum, people read and someone with less experience than you can believe that using martingale or grids they can make easy money. There's an element of responsibility to consider before sharing something that "looks" easy and very profitable.
For everyone's benefit:
-not using a SL is gambling
-adding to a losing position is gambling, wisdom is cutting losses fast, the exact opposite
-there is no risk management with any kind of grids and martingale systems
Wise words and I just wanted to add some thoughts about trading these kind of martingale and 'recovery' EA setups on a
live account;
More than often you will end up during news or in Asian session with your last 'recovery' orders and here brokers play their game with huge spreads / fills etc.
best M.
Re: Is this setup valuable?
Posted: Fri Aug 08, 2025 7:10 am
by updowncrude
Meyney wrote: Fri Aug 08, 2025 3:57 am
Thank you all for your wise advice,
The name of the EA is. Enhanced RSI Threshold Breakout EA with Robust Counter-Trade Mechanism
Re: Is this setup valuable? FS-18
Posted: Mon Aug 11, 2025 8:59 pm
by updowncrude
Hey Guys,
Test this indicator on timeframes above M30 amd post your comments.
Re: Is this setup valuable? FS-18
Posted: Mon Aug 11, 2025 10:35 pm
by updowncrude
updowncrude wrote: Mon Aug 11, 2025 8:59 pm
Hey Guys,
Test this indicator on timeframes above M30 amd post your comments.
Re: Is this setup valuable?
Posted: Sun Aug 17, 2025 12:21 am
by updowncrude
check out the chart, These indicators developed last week, Attaching the indicators for trading.
The top one uses donchian chaneel breakout,
The bottom one uses multifilter.
Both looks similar by chance.
Re: Is this setup valuable?
Posted: Mon Aug 18, 2025 2:45 pm
by updowncrude
Gentle Men,
I have attached an MT5 indicator code.
I have done it to my best.
Grateful if you could kindly check , refine and repost .
Thanks in advance