I used to be a gambler and I used a step progression for betting on roulette(it made lots of money until the inevitable death spiral due to inadequate funds or table betting limits), and I think I finally figured out how to apply it successfully to forex. By idea is for the EA is to make it buy and sell based on the last candle basically random, red candle it sells blue it buys, then it uses a slow step progression/regression MM strategy to make it profitable. I'm not a programmer but I understand enough to tinker with an existing program, I used a crude EA generator and then spliced in a couple trade limiters and a martingale code which I modified, and it kinda works. The only problem is that the step progression/regression is doubled, one trades use a progression and the next trade uses a second progression and it alternates every other trade(on the EA tester even trades use one progression and odd use a second progression), both working the way they should. I want all trades to work in a single progression. It's probably a simple fix for a real programmer. Here is the EA, I added notes explaining what each line should do, any help will be appreciated, thanks. Let's fix this thing and make some serious pips.
Here's how it works, it makes a trade starting with as many lots as you want and then increases lot size on a loss and decreases lot size by the same amount with a win. So if you started with 1 lot and increase/decrease by 1 lot the progression for this series( L,L,W,L,L,W,W,L,W,L,W,W) lots for those trades would look like this: (1,2,3,2,3,4,3,2,3,2,3,2,1)
Here's how it works, it makes a trade starting with as many lots as you want and then increases lot size on a loss and decreases lot size by the same amount with a win. So if you started with 1 lot and increase/decrease by 1 lot the progression for this series( L,L,W,L,L,W,W,L,W,L,W,W) lots for those trades would look like this: (1,2,3,2,3,4,3,2,3,2,3,2,1)
Attached File(s)
The Gambler's Pips.mq4
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