Exp growth manual trades

Alan Solarsh shows how to manually hedge a forex EA stuck in Martingale scaling by calculating total lot sizes (5.4 + 7.56 + 10.58 + 14.81 = 38.6) and placing an offsetting sell trade, then closing when price closes above the 8-period EMA twice.
Questions this video answers
5.4, 7.56, 10.58, 14.81.
38.6.
0.01.
Equity protection (turn off).
When two consecutive candles open above the 8-period exponential moving average, close out all trades.
Chapters
Alan Solosh here, the passive income guru, and this video tutorial explains to you how to make exponential growth with the best forex ea. Right, so let's just pause that.
It.
Right, so this video is going to show you how to make a little bit of exponential growth if the EA goes in the opposite direction to what you've set it up to to go. So I've set my EA up to actually to buy. Now if the trend changes, your EA will automatically kick into a Martingale strategy and, and it'll start selling, it'll start buying multiple times until it's in the normal Martingale fashion, which is not really what you want to do. You want to be scalping the market. So we actually set up the EA over here for it to start scalping the market in a north direction. And what happened was, is that the currency actually started to tank. So I paused the EA and then what I did was, is over here when I hit structure and you can see it's a support line over here when that structure was broken. So in other words, when the price went below that, that support line, I then opened up a couple of manual trades. So what, what size manual trade did I open up to counter this trend? So what I did was, is that I added up all of my open buy trades, these bar trades over here, not the hedge, just the open bar trades that were created by the E. If you go on to your calculator, you can go and put in your first lot size that was opened by the EA - 5.4 and it opened up four trades. So let's go and just check this. So over here. So it opened up a 5.4, 7.56, a 10.58 and a 14.81. So I added up all these lot sizes. Let's just redo that. I added up these lot sizes and, and I got to a lot size of 38.6 and I placed a trade of 38.6 over here, as you can see. Okay, now what you can do at this point is you can just log into your VPs and click on Expert Advisors and click on Property. So please pause the video. Please go and do those steps now. Once done, you can come back to this video and resume the video. Please click on comments.
Make sure that allow live trading is set. Please pause the video. Go and do that step now. Once done, you can come back to this video and resume the video. The next step is to click on inputs and then where it says your lot size, Change that to 0.01. So please pause the video. Please go and do that step. Now, once done, you can come back to this video and resume the video. The next step is you can save. Make sure that your equity protection is off. So please pause the video, go and change those settings. Now, once done, you can come back to this video and resume the video. The next step is to save your preset. So I've saved mine at 0.01, so let's do that again. So it's 2020, 0.0.01.
0.01 and this is the buy EA. So I'm just going to click on save and you can do the same. So please pause the video. Please go and do those steps. Now once done, you can come back to this video and resume the video. And then you can click on. Ok, so please pause the video, go and make sure that all those steps are done. Once done, you can come back to this video and resume the video. Now you must make sure that you have notifications enabled on your phone so that when the next trade opens, you'll get pinged on your phone. So if I test it, if I go to my chats on my phone, it's going to do that again. So here are my notifications on my phone. So let's just delete everything so you can see the new.
The new message is going to come here. So when I say test, you'll notice that it comes over here. And this is the new notification in my phone will ping telling me that a new trade is opened. Okay? So every time a new trade is opened in the, in the buy direction, obviously, because the buy EA is on. Okay, what you're going to do is you're then going to open up a sell trade for the next lot size. So here's the next lot size. So the next lot size. So if it's what was mine, mine was. So look, 5.4. So mine was 5.4, you must put in what yours is. Click Enter. Okay, so my next lot size after the 14.81 is 20.74 and I've opened that trade over there. I opened the 30.38.36 twice in error. So you can. I should actually close one out because I'm over leveraged a bit, but I'm okay with that. I'm just going to leave that open. So to open a trade you can click on the plus sign. This is on an iPhone. Okay. I'm not sure how it works on an Android. You need to Google that. I'll go to YouTube and go and check how to place a trade on an. On an Android phone. You'd need to check that market execution is set and then make sure that it says Euro US dollar or the currency that you're going to be trading. When you first open it up, it's going to default to AUD nzd. And don't place a trade for AUD NZD because you don't know what's happening with that currency. You must make sure that you're opening a trade for the currency that you are going to be trading. In this case it's Euro US dollar. Okay. And then over here you can put in the lot size that you're going to be trading. So my next trade is 29.
Let's just make sure that that is correct. 29.74. So I've got the 20.74 open. The next trade is 29.04, but I'm not going to open it because I've already got a 38 open. So the next trade that I'm going to open is actually a 40.46. In your case you will go in order and in sequence. So you'll just change that to the next sequence. So mine is going to be 40.46 and I'm going to exit. I'm going to click on the left button here to exit. Now when you click on the plus sign over here, you'll notice that it has saved my settings. So what have I done? I've basically set up my phone getting ready for the next trade to be executed so that I don't panic and I don't like make mistakes. So I've done everything calmly, okay? And I'm waiting for the next trade to open. So as soon as the next bar trade opens, I will. It'll be actually not the next trade for me, for you, it'll be the next trade for me. It'll be two trades off past there because I've got 238. So I'm waiting for one more trade to trade to open. And then on the next trade that opens, I will then open another, another sell trade. Okay? And I'll do that four times. Once I've done that four times, I will then log into the VPs of which I'm going to do a video. I'm going to do an extension of this video and, and show you the process once. If that trade does open, so four trades open, I will then right click on my Expert Advisor. I'll click on Properties, I'll click on Commons and I will disable the alive, the allow live trading so that no more trades can actually open. Okay? Now the reason I'll do that is number one, I'm hedged. So remember that these trades, okay, added together equals the 38.3.
So that hedges my account. The next trade that opens, okay, is the trade that's actually going to start making profit once I close out these trades. So all my sell trades will eventually outnumber my negative trades when, when the trend reverses. That means how will I know when the trend is reversed? So let's go to my phone and we'll just enlarge it so we'll know when the trend reverses. So let's say, let's take a picture, let's take a picture and.
Let'S start drawing for you. So let's say we get some more candles.
That open here. When the 8 exponential moving average, that's the red and white dotted line. This red and white dotted line catches up with the candles. And, and then I get a green candle. Okay, let's, let's just erase that. Let's make that green for you. Make that green. Okay. When the next candle didn't change.
Green, green.
Still not doing that.
Okay, it's changed. Okay. So when the candle goes above the above the 8 exponential moving average, I want the two candles to open above. I want, I want. That's the first candle that's gone above the 8 exponential moving average. And then when the second candle, this candle in this candle opens, okay, above the 8 exponential moving average, I will then remove, okay, I will then close out all my trades automatically. But I'm going to go through this process, process with you in the next video or at the end of this video, okay? So I'm going to go through this process with you. So just stick around. And if you've got those trades open, if you don't have those trades open, just go and open those trades now and you can start making some exponential growth.
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