This is the best explanation of how the forex works I have ever read. Please read it when you get a chance.
http://www.forexfactory.com/showthread.php?t=7484
http://www.forexfactory.com/showthread.php?t=7484
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DislikedWhat made it even worse for me is that my stupid laptop installed some "important" Windows Updates and rebooted at night.
Another lesson learned.Ignored
Dislikedthis automatic update is a desgrace. You always is screwed up at least once before you remember to turn it off. I imagine how much money people lose with this stupid idea. It should not be default in Windows.
my rant is because something like it happened to me a few days.Ignored
DislikedI have an unusual idea for an experiment, but for it to work I need to be able to make the ea work in the opposite direction...... does anyone know of an ea that does reverse martingale - i.e. it opens new orders in the direction of the movement, not against it as this one does.
I've looked at the code of the 35x20, but can't seem to get it to do what I want.....
anyone?
Finally, I tested for 48hrs a new idea using the standard martingale approach and the initial results look very promising..... I have to work on some spreadsheets this coming...Ignored
DislikedI have an unusual idea for an experiment, but for it to work I need to be able to make the ea work in the opposite direction......
anyone?
There were 2 variations, results are below...... the results begin where the graph begins it's steady incline.... the dips before that were me just testing some functionality of some unrelated scripts etc.Ignored
DislikedI have an unusual idea for an experiment, but for it to work I need to be able to make the ea work in the opposite direction...... does anyone know of an ea that does reverse martingale - i.e. it opens new orders in the direction of the movement, not against it as this one does.Ignored
DislikedWhen we trade EA's with real money, surely the onus is on us to do our due diligence....
On this point, anyone considering using a VPS to overcome any power or internet connection issues should be aware that VPS providers will regularly reboot their servers (this often accounts for the 0.01% downtime that they advertise), and this will cause your MT4 application to close and this does not reopen automatically!
There does appear to be a work-around, but I haven't finished investigating this fully yet.Ignored
DislikedWell, I'm back from vacation (mostly) and I think I can conclusively say that its a bad idea to let this EA run day and night and over the weekend with an account of $200. Im now down to about $1.50 as I figured I would be after 2 weeks of hands off with a very small account. I'll do some data work later to see how different things would have been if I had a $1,000 account to cover the spread.
ALSO - sorry, there is NO WAY I'm going to read the past 26 pages that I missed, so there!Ignored
Dislikedim going away for 10 days starting Friday, ill be sending out a memo for people to slow down on posting so i dont fall too far behind when i get back...Ignored
DislikedHi Jim,
What exactly you want ?
When Both buy and sell are operating, and if Price rising then Buy leg will keep opening orders in long side with starting lot, where as short leg do martingle. problem is.. When price is rising Buy leg generates profit with Starting lot..which is low, and same time sell leg do martingle and loss goes on increasing fast.Ignored
DislikedI want an EA that can do reverse martingale..... simple as that - I don't want to hedge a reverse against a standard - that sounds like a recipe for disaster!
The current EA has a reverse setting, but all that does is turn the buy ea into a sell ea.Ignored
DislikedSo i guess it's true that there is always someone there trying to change any system that isn't broken. Or maybe trying to "improve" this system ? Or maybe a brand new system based on this system ?Ignored
DislikedYou are asking for a pyramiding EA. This EA isn't coded that way, there might be an easy way to do it, but I'm not sure how.Ignored
DislikedIt's called innovation ...... adaptation...... if it didn't happen then we would still be travelling around by ox and cart! (of course if we never innovated then we wouldn't have gone past the crawling/walking stage and would never have thought of carts!! - you get my point)Ignored