• 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.

• Starting with no open trades, we establish a base line price and RnR draws a dotted yellow line at that point. If the market rises by DistanceBetweenTradesPips, RnR takes a buy and redraws the line at the price of the new order; this becomes the new base line price. If the market falls by DistanceBetweenTradesPips, RnR takes a sell and redraws the line at the price of the new order; this becomes the new base line price.
• Once a trade is open in either or both directions, RnR takes a new buy trade every time the market rises above the highest buy price by DistanceBetweenTradesPips, and a new sell trade every time the market falls below the lowest sell price by DistanceBetweenTradesPips.

• A simple offset of the loser at the top by the biggest winner at the bottom. Imagine there are 4 market buys and that no 4 has just opened:
  • No 4, the top, is the spread in the red.
  • No 3, is 20 pips in the green.
  • No 2, is 40 pips in the green.
  • No 1, the lowest, is 60 pips in the green.
  • Imagine the market retraces and the latest buy at the top of the pile is DistanceBetweenTradesPips in the red. Now the position is:
    • No 4, the top, is the 20 pips in the red.
    • No 3, is at breakeven.
    • No 2, is 20 pips in the green.
    • No 1, the lowest, is 40 pips in the green.
  • The top trade is -20. The bottom trade is + 40. Close them both and net 20 pips.
• Offsetting a losing buy against a winning sell. Imagine that there are less than 4 buys open - let's say two, and the top one is DistanceBetweenTradesPips in the red.
  • Look for a sell trade that is exactly DistanceBetweenTradesPips in the green. Close both the buy and the sell for the loss of the spread and commission.
• Offsetting the losing buy against the winning sell position. Close the buy and all the sells if the cash profit on the sell position is greater than that of the losing buy. This might benefit from being modified to exactly as described in the flow chart. I have gone down the blunderbuss route for ease.
• Optional basket closures:
  • The position is hedged: close all trades when the overall profit reaches HedgedBasketPips. A zero value turns this off.
  • The position is not hedged i.e. all the trades are either buys or sells: close all trades when the overall profit reaches ClearBasketPips. A zero value turns this off.

• Multi purpose trade manager: http://www.stevehopwoodforex.com/phpBB3 ... ?f=21&t=64
• Account equity analyser: http://www.forexfactory.com/showthread. ... ost4709098, which includes a template for both USD and the Euro.
• Past-trades display indi by squalou; shows a graphical display of the success/failure of trades in your History tab. Breathtaking piece of work. http://www.forexfactory.com/showthread. ... ost3830610
• My shell EA – the code I use to produce EA's so quickly. http://www.stevehopwoodforex.com/phpBB3 ... ?f=15&t=79

SteveHopwood » Wed Apr 06, 2016 4:34 pm wrote:Forget everything that has gone on before folks. Bruster has sent me stuff that makes the method crystal clear. It has the simplicity of genius and is stunning.

I have a lot more teaching this week and so a lot less time for coding. I will have a workable new RnR in time for next week.

SteveHopwood » Wed Apr 06, 2016 4:34 pm wrote:Forget everything that has gone on before folks. Bruster has sent me stuff that makes the method crystal clear. It has the simplicity of genius and is stunning.

I have a lot more teaching this week and so a lot less time for coding. I will have a workable new RnR in time for next week.

remon78eg » Wed Apr 06, 2016 4:58 pm wrote:I'm About To Release The Video Part3,
It Is Improve Of This Strategy,
It Open Sell When Price Go Down And Close Buy Trades On Zero Loss, (just spread loss)
Open Buy When Price Go Up, And Close Sell Trades In Zero Loss (just spread loss)

When Hedge It Only Open its Trades In Memory Only To Gain Spread Loss




This Is A Simulation For This New Strategy Development

SteveHopwood » April 6th, 2016, 9:15 am wrote:

remon78eg » Wed Apr 06, 2016 4:58 pm wrote:I'm About To Release The Video Part3,
It Is Improve Of This Strategy,
It Open Sell When Price Go Down And Close Buy Trades On Zero Loss, (just spread loss)
Open Buy When Price Go Up, And Close Sell Trades In Zero Loss (just spread loss)

When Hedge It Only Open its Trades In Memory Only To Gain Spread Loss




This Is A Simulation For This New Strategy Development

Remon, I salute you. Yours is the thinking of a genius.

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Guys, wait until you see the details and play with the simulator. No point in hanging on to your sock - they are going whatever you try.