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HarmonicsTrader (By Walter )

The user has made his strategy private.

HarmonicsTrader Discussion

Rustan mallari (tankbeta)
May 05 2015 at 10:40
171 posts
Doing Great! whats settings is this?

Plan your trades and trade your plans.
Walter (Walter_HT)
May 05 2015 at 11:34
110 posts
Hello Rustan, it's been a while.

These are default settings.

Rustan mallari (tankbeta)
May 13 2015 at 13:45
171 posts
walter

is there something new from this EA ? new filter? adjusted filters ? indicators?
thats why its hitting the right patterns already?
or are we just experiencing 'good season' in EURUSD?

this is the highest Gain so far with HT EA :)))

Plan your trades and trade your plans.
Walter (Walter_HT)
May 13 2015 at 23:49
110 posts
Nothing new ... just a solid EA ;)
In case you missed the update:
https://harmonicstrader.com/

Rustan mallari (tankbeta)
May 14 2015 at 15:13
171 posts
ok i just downloaded it.

so just drag and drop? how about the settings? what you use in this Performance?

Plan your trades and trade your plans.
Walter (Walter_HT)
May 14 2015 at 19:32
110 posts
Yep, just drag and drop and then enter your serial number (license)

Rustan mallari (tankbeta)
May 15 2015 at 14:15
171 posts
Walter

i need a professional advice on moneymanagement in HT..

can you look on my screenshot and see if the moneymanagement is OK? or risk is kinda High??
i just want a low risk settings..
below 15% drawdown

pls advice thanks!

Attachments:


Plan your trades and trade your plans.
Walter (Walter_HT)
May 15 2015 at 17:28
110 posts
Hi Rustan,

Your setting is the default setting.
It is the progressive lot size, the more money in the account the higher the lot size will be.
2% is acceptable.
The downside of this setting is if there is a pattern with a very big PRZ then the SL will also be at big distance and the possible DD would be big as well.
If you want to be sure that your DD is never more than 15% then you would be better with the 3rd option 'Risk'.
It is also a progressive lot size but you control the DD.
The downside of this setting is that if you have a very small PRZ then the SL will be at a very short distance as well and it can be hit more easily and you lose 15%.
With an account size as you have it would perhaps be better to go for the 3rd option 'Risk'.
Run it in the Strategy Tester and you will see that the money curve will be much smoother.

Bottom line is that it all depends on your trading style, I mean the Risk you are willing to take, that's all up to you.
Btw, is that a real money account?
Again a nice profit today.
You may want to play it save and close the trades before the WE.
There is also a setting to do that automatically for you: 'CloseBeforeMarketClose' and 'TimeCloseBeforeMarketClose'.
Many Green pips,
Walter
https://harmonicstrader.com/


Rustan mallari (tankbeta)
May 15 2015 at 23:58
171 posts
how about the strict risk? just leave it default?


thanks for the advise walter! ;)

Plan your trades and trade your plans.
Walter (Walter_HT)
May 16 2015 at 10:29
110 posts
You can set that to 'true' to set the hard SL = soft SL.
Soft SL: hourly candle must close beyond to close the position.
Hard SL: well, that's a real SL and the position will close at the touch ;)
Again, that's up to you.

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