Disliked{quote} Agree with you friend. I am also fan of TMS since a year but the problem is, I cannot trade manually, hence running behind a fully automatic system with stop loss. I just wish that if we have martingale touch in MEME (with multiplier and grid size) to recover from wrong trades. If failed then take losses. {quote} The problem is, newbie like me can never understand what market is doing right now. so we can use hard stops of this EA and let it run.Ignored
Fyi, martingale has been shown to blow your account. However something could be said to increase order-size for every additional order that the EA opens. And the distance could be a multiplier. However, before starting to do a major overhaul of my EA I would like to see some examples of orders that have been saved in this manner. Not in theory in hindside, but real orders. See, all the strategies in this EA have been hand-tested before I build them into the EA. Small deviations to a working strategy often lead to a strategy that fails. And I don't want to invest my time in untested strategies.
In this thread we had discussions like this before and my answer is always: Propose your idea in the TMS thread and see what the people, who thade with TMS every day, say about it. The TMS method has remained fairly stable over the years. And that is what I have tried to automate with this project. Because of the consensus that it is a working strategy.
In your posts you say that you are a "Martingale/Grid/Hedge Lover". These are all strategies that I try to stay away from. I tried them all in the past and they didn't bring me any good fortune.
Cheers...
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