- Most Forex traders lose all their money.
- Using the robot posted here in trading Forex does not guarantee success.
- Trading this robot could lead to serious financial loss.
- Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.
- This is not a set-and-forget ea; there is no such thing and anyone who tries to claim there is, is either stupid or lying. This ea requires frequent manual intervention.
- At best, a trading robot is only 90% as good as the manual strategy it trades. At best. At worst, it can be much less effective. If the strategy is rubbish, so is the robot.
- To trade this robot, you have to understand:
- How to use EA's.
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NOTE BY STEVE: I started this thread and then reassigned it to Richard. He is the ideas guy; I am merely the mechanic. Richard (r1ch4rd) wrote to me a few weeks ago asking me to code a stand alone EA for the trading method he posted in the TDesk setups exchange because he wanted extra features not present in Desky.
What I did instead was add these features to Desky. I then saved Desky as Sharky for attachment here in case we end up adding features that would not help users of Desky. For the time being, Desky and Sharky are the same thingies. Download Desky's user guide at viewtopic.php?p=164249#p164249 if you need Sharky inputs explaining.
The extra features the Richard wanted were:
- ATR take profit applied to individual basket trades.
- All orders in the grid to have the same stop loss.
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The trade setup is a number of ducks lining up to quack in unison:
- Super Slope:
- H1.
- H4.
- D1.
- H1 Peaky.
- HGI:
- M5.
- H4.
- D1.
Sharky sends an immediate market trade following the cross the a grid of two more limit orders, at a distance apart governed by ATR.
Each symbol is a member of its individual basket; the basket TP is calculated from the H4 ATR - details in the, "Richard's Dynamic Basket ATR Take Profit" in the basket trading inputs section of the user guide.
Most of what you need is in the Sharky.zip file. Stuff not included and that you need to download separately are:
- MTF HGI Bars TD from viewtopic.php?p=163642#p163642.
- The Universal Drones from viewtopic.php?p=167162#p167162.
- TDesk and associated files from viewtopic.php?p=163522#p163522.
- Paul's Super Slope from viewtopic.php?p=145120#p145120
I have kept the Sharky EA separate from the zip file so we do not have to redownload the zip every time we make changes to the bot.
The templates set everything up for you. All you have to consider is Sharky's lot size.
Edit on June 13th, 2021: Richard has come to some firm conclusions and has posted fresh templates etc. Find the post at viewtopic.php?p=172711#p172711
Over to Richard now.
FROM RICHARD: My first order of business is to publicly thank Steve for the stellar work he has done to create Sharky (Which is in essence Desky with a couple of additions).
All of the trigger signals this set uses (and my past ones) are inspired from other sets in the TDesk Setup Exchange with tweaks, therefore thanks must also be given to Thomas, Leon, Taipan and many more members who over the years have shared knowledge.
It has been a frustrating week with the set shared below, it made great gains for several weeks until this week where it was all given back. But I will keep running this set for the time being. I have just set up another test account which I will share if it shows promise.
I will continue to use the M5 1SMA cross of the 34LWMA with various other triggers to keep within my aim to get quick profits and low draw down. This I hope will enable me to grow small accounts into substantial ones.
TDesk set is here. viewtopic.php?f=5&t=6037&p=172747#p172747
Sharky's KISS (Released Dec21) viewtopic.php?f=5&t=6037&start=100#p173511
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