You are not logged in or registered. Please login or register to use the full functionality of this board...

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
evolution rocked usdcad today
#1
So i was short usdcad 9am GMT & my grid got caught the wrong direction in a bear trap. So i opened a 2nd chart used evolution with a 2nd magic number and got to trade long on the way up.  this was an effective hedge.  the long grid closed out in profit before cad tanked this morning.  the short grid which was 7 trades deep (ug) fell like a rock and covered near the bottom with a trailing stop.  all while i was sleeping.  i am impressed with evolution.  i have some unanswered questions on this forum. but i'm learning a lot and hope to hear from other users how they creatively use EV.  Finish the week strong and have a great weekend.
Reply
Thanks given by: Ratz
#2
Novel use of Evo. Well done

For me, I place two instances of EVO on the same pair one short and the other long especially if my own chart analysis show the pair is ranging. I then take note of the opening price of the pair and set price limits to go long on the long evo and price limits to short below the opening price.

In event price breaks above the open my long evo takes the trade and if price drops below the open the short evo takes the trade. So while the long is on drawdown the short evo trades, makes money and vice versa. I use "grid lot" and "auto lot" with  "buy on entry". That reduces the placement of grids against the trend till the price turns. In summing up the most important aspect is your money management skills. Well done.
Reply
Thanks given by: Ratz


Possibly Related Threads...
Thread Author Replies Views Last Post
  Evolution EA monthly subscription hnguyen68 5 151 03-28-2019, 09:16 AM
Last Post: I AM
  help: evolution smartgrid not working with hama Matthew 1 124 02-08-2019, 05:43 AM
Last Post: Ratz
  3 Evolution questions Matthew 1 176 02-08-2019, 05:31 AM
Last Post: Ratz
  A question for Ratz about Hedging in evolution Savanaverde 2 1,086 12-23-2018, 06:46 AM
Last Post: Matthew
  Evolution 2 Manual Madness 6 774 08-05-2018, 03:27 PM
Last Post: Ratz
  Hedge trading based on trend in Evolution Savanaverde 3 1,100 01-11-2018, 05:19 PM
Last Post: The Tramp
  When we can buy Evolution 2.0? fehernyul 3 1,152 05-04-2017, 05:08 PM
Last Post: CeeJay
Thumbs Down why some function from Blessing Pro hasn't in Evolution? KenedyKross 4 1,502 03-31-2017, 03:12 AM
Last Post: Ratz
Lightbulb Evolution for E-signal 12 or Interactive Brokers MAAbrahao 1 1,516 02-16-2016, 11:16 AM
Last Post: d4v3
Music Evolution v1.6 First Steps MAAbrahao 0 1,271 11-05-2015, 01:55 PM
Last Post: MAAbrahao



Users browsing this thread: 1 Guest(s)
Welcome, Guest
You have to register before you can post on our site.


  

Password
  





Online Users
There are currently 55 online users.
» 0 Member(s) | 55 Guest(s)

Search Forums

(Advanced Search)

Forum Statistics
» Members: 9,061
» Latest member: Johnnieopela
» Forum threads: 2,838
» Forum posts: 25,617

Full Statistics