Trapping System: Tunnel Martingale

Hi All,
would like to share to all of you guys about the "never loss" system (practically), which is PM'ed to me a few days ago. A bro asked me to build EA which is based on martingale series, with the series of BUY and SELL at the upper price and lower price divided by gap. So it will form like a tunnel.
Actually I was building the same martingale series long time before, but it was on different variant and wasn't successful. Then this idea popped out from KanGKunG.

The elements:
- Gaps (in points, not pips)
- Support / Resistance
- Lot as martingale series (0.01, 0.02, 0.04, 0.08....)
- TP as 2x of the gaps (as requested by KanGKunG) or configured fixed value.
- SL as min SL value + Gaps + spread (as requested by KanGKunG), or configured fixed value, or no SL at all.
- Without TP and SL is possible, by take profit as total profit.

In short, it will do as following (in 1 cycle):
- Firstly, it will do BUY 0.01 lot at the current price, then SELL STOP 0.02 lots at the current BUY price - Gaps. This will form a TUNNEL, with upper price and lower price.
http://i62.tinypic.com/29ys95c.jpg

- If let us say the price goes up and reaches TP (of the first order), then it will close the cycle and start a new one.
- If not (of course it will go down), once reaches the SELL STOP 0.02, then this time will do BUY STOP 0.04.
- If the price goes down and reaches SL, then the cycle closed and start a new one.
- If the price goes back up, and reaches the first order price, then it will do SELL STOP 0.08.
- If the price ranging much, then cycle most likely will never close and series of BUY STOP or SELL STOP with more and more lots will be placed.

During my observation,
with settings as:
- EUR/USD.
- martingale factor 1, 2, 4.
- Start AnyTime from 12:00:00 - 00:00:00 Singapore / Malaysia time (no Support and Resistance).
- Start with 0.01.
- Start with $5000.
- Take profit at money-based (Total Profit), at $0.10 for each cycle.
- Always BUY first.

I found that:
- The most martingale index used is 9. You'll end up with lot size 2.56, that would be 5.11 lots in total.
- The average martingale will close around the index of 2 (0.3 lots total) - 4 (0.15 lots total).
- Daily profit around $10 - $20.
- Lowest Margin Available ..... I'm still observing this.
- During market sleep time, the most martingale index can be higher, because of the price is ranging.
- During opening of US or Europe time, the least martingale index can be 1. Which means once open, then < 1 min the cycle closed and restarted again.

Below are the configuration screenshot:



Too much configuration, huh?
Yes, I did this just to cater many scenarios.

I will explain it as following (note that RED fonts means not yet implemented!)
Start Type
There are 4 settings, Start Anytime (within time), Start from Support and Resistance, Start from Daily High and Low, Start at X points from current price.
Start Anytime will start literally the moment you click OK, but if it is not within time (Start Time and Stop Time), then EA will wait until the time is reached inside.
Start from Support and Resistance, will start from Support or Resistance point. If it is reaching Support, it will do BUY first. If it is reaching Resistance, it will do SELL first. Support and Resistance (and Pivot) calculated based on http://www.investopedia.com/ask/answ...vot-points.asp.
Start from Daily High and Low, basically is same as Start from Support and Resistance. But will start from Daily High and Low for today.
Start at X points from current price.

Take Profit line color
Line color for Take Profit (if Target is Fixed Points).
Text color
The text color.
Upper Gap Price color
The color of the upper gap.
Lower Gap Price color
The color of the lower gap.
Text size
The text size
Magic Number
The magic number to identify this EA. Basically this will be used if you want to run more than 2 different EAs on your account.
Line Style, Line Width, Line Height
as described
Use Slippage
if you want to use slippage when closing orders.
Slippage
the slippage value.
Type of Start Lots
The type of Starting lots. Either Dynamic or Fixed.
Dynamic Lots
If you expect 0.01 as starting, put 0.000002 as the value for $5000 balance. That means, Dynamic Lots = Expected Lots / Balance. This only applies for Start Lots = Dynamic.
Fixed Lots
Fixed starting lots, that's it. This only applies for Start Lots = Fixed.
Martingale Factor, Martingale Factor Multiplier, Max Martingale Factor
Martingale factor of 1, 2, 3 with Martingale Factor Multiplier = 2, and Max Martingale Factor = 25, will produce: 1, 2, 3, 6, 12, 24, 48, ..... until 25 sequences.
Martingale factor of 1, 2, 4 (common martingale) with Martingale Factor Multiplier = 2, and Max Martingale Factor = 25, will produce: 1, 2, 4, 8, 16, ..... until 25 sequences.
Gaps
The Upper and Lower price gap in points. Points is the lowest unit. In most broker with 5 digits, 10 points = 1 pip. For 4 digits broker, 1 point = 1 pip. Please be careful with your broker. My calculation is calculated with how many digits I have.
Max Cycle
Max cycle per run. Normally 0 is unlimited.
Target Type, Profit Target, Profit Multiplier
The way I close the cycle, by target.
Dynamic money (Balance x this value) -> means the target in $ (Total Profit all orders in 1 cycle) will be calculated against balance (NOT equity). Linked to Profit Multiplier for the value. Profit Multiplier = Your expected target (in $) / your balance. Once the total profit reaches your expected target, then cycle will be closed. This settings normally be used if you want compounding targets.
Fixed Money -> target will be only fixed amount of money (Total Profit all orders in 1 cycle). Linked to Profit Target for the value. Once the total profit reaches this, then cycle will be closed.
Fixed Points -> calculated by points of the first order in 1 cycle.
Points Target Type
The target type for Fixed Points. Will be calculated based on the first order.
Fixed Points for both TP and SL -> once reaches Points Target (TP), or Points Stop Loss (SL), cycle will close.
Note: Fixed point will never put TP and SL explicitly to the first order. Calculation is done inside EA itself.

Other options are clearly described.
http://i59.tinypic.com/2rp5zqv.jpg

Start From
A cycle will always start from "BUY first", or "SELL first".
Next Cycle, start by
Next cycle, will start from, "Follows Start From settings",
or "Follows from last profit direction" -> if your last cycle profit end up in SELL, then it will start SELL.
Date Time base
You want Local Time (your PC, VPS, anything you run this), or Server Time (each broker is having different Server Time with another broker).
Start Time, Stop Time
Start time and stop time for Start Anytime.
Debugging Mode, Development Mode
These 2 flags are only for my reference in case any error happens.

......the rest are just colors and some hanky wanky settings.



WARNING: To the one who knows what is martingale, yes, it is almost 100% profitable (practically) I don't deny that, but that depends on how much balance you have, and how big is the lot your broker supports. I don't debate on profitability of this method.
You're curious, you're interested, download and try it first on your demo account. Then if you are 100% sure with your settings, you can start doing it on your live account (if you wish).
Read this: http://www.investopedia.com/articles...martingale.asp
Your profit, depends on your settings and your money management method...
This EA is HIGHLY CONFIGURABLE...

I have attached the .mq4, .ex4, and EA Configuration (.set). Note: ex4 and mq4 is always the latest published EA.
There are 2,
MartingaleKanGKunG.set -> requested by KanGKunG, based on Support and Resistance.
RadityoMART.set -> my setting, start anytime, follow last.
When starting this EA, on the right bottom side there'll be "Load" and "Save" button. Click "Load" and select this file.
http://i62.tinypic.com/23wpldg.jpg

Currently, below are the testing site (if you decided to test, let me know your Trade Explorer URL, I will add it here):
Martingale AnyTime - http://www.forexfactory.com/radityo.ardi/24
Martingale Daily High and Low - http://www.forexfactory.com/radityo.ardi/80
Martingale SNR - http://www.forexfactory.com/radityo.ardi/81
Martingale AnyTime - http://www.forexfactory.com/radityo.ardi/38 (this is for martingale factor 1, 2, 2, 2).

As mentioned by aahmad29, the basic idea of this EA is described as below:


There's an interesting facts I've wrote on this link:
http://www.forexfactory.com/showthre...37#post8067337

However, bugs may still be there, so please test and report if any issues arise.

NOTE: This EA is licensed under Tunnel Martingale License (terms are derived from MsPL). Which means free to use with open source, but there's a limitations and conditions. Please take time to read the license at: https://sites.google.com/site/tunnelmartingalecla/

thx bro for doing the martingle trap for me. although your EA is much more setting that what i ask for, but still there is some idea and people can choose which 1 they prefer.. keep it up

Great work.. Will give a try as am fond of martingales..

Thanks to you also, without you popping out to my PM, I wouldn't know this strategy, and find another scenario. Apparently I love the other scenario (the one that you told was wrong), but still logical though, profit was there.

I haven't test the Support and Resistance scenario yet. Just started to test this afternoon before starting new thread. But the logic shouldn't be that hard once I got the basic logic. Would like to ask you to test, and probably (if possible) share the trade explorer u've created. So others can see the result as well.

Martingale= Black Swan....it´s just written in the hidden code of all markets....
It can only "work", provided you put a limit, and you calculate how many good runs you need to absorb the Black Swan...
And more often than not, the market could turn in your favour, just after you took that big loss...

It´s just the name of the game brother...Big Boys run the shop, they run the stops...day in day out, collecting retail cash...
Beware of the stop running right at the gaps that youré looking at....

well about trade explorer is a bit problem due to i dont have vps.. and even i do this kind of trading previously ( by totally manual no EA ) so my trading using the ea is on and off but when its on yes it work as what i want... just that i still prefer it to start trade at SNR level instead of open any level

I think still OK, because Trade Explorer doesn't require VPS. Am I right?


Regarding Black Swan, you are damn right..
It's a bitter sweet... I would say

I am using similar Martingale system, working perfectly. No D-Day yet, but for big lot it needs to be monitor and close whenever it is in profit. High volatility pairs to be consider.

Error:
0 12:18:55.897 TunnelMartingale EURUSD,H1: C06: Updating Labels.
0 12:18:55.897 TunnelMartingale EURUSD,H1: C07.01: Updating UpperGapPrice to 1.13403.
0 12:18:55.897 TunnelMartingale EURUSD,H1: C07.02: Updating LowerGapPrice to 1.13343.
0 12:18:56.740 TunnelMartingale EURUSD,H1: C01: InitOrders method.
0 12:18:56.740 TunnelMartingale EURUSD,H1: C02: CountStartEndTime method.
0 12:18:56.740 TunnelMartingale EURUSD,H1: C03: Updating TotalProfit.
0 12:18:56.740 TunnelMartingale EURUSD,H1: C04: Checking Last Order.
0 12:18:56.740 TunnelMartingale EURUSD,H1: C04.02: Last was SELL, execute BUYSTOP.
3 12:18:56.740 TunnelMartingale EURUSD,H1: invalid lots amount for OrderSend function
0 12:18:56.740 TunnelMartingale EURUSD,H1: Alert: [MartingaleHedging] ERROR -1: invalid function parameter value

EA set in ads, bc upload rename txt to set.

Thank you.

hmm.... either your broker having spreads around 6 pips at the time, or something else happening. Your settings seems ok to me, started with 0.01.

The Experts tab actually written in descending based on the time.
Just curious, can you paste the error before 12:18:56.740?

UPDATED:
Can you re-download again the EA and set IsDebug to True?

Hei,
OK. Found out and understood the issue. Max Martingale Factor on your settings is 4, so martingale series is only 1, 1, 2, 4 (based on your settings). Seems that your cycle is reaching 4th index, and that time will try to do BUYSTOP (well, based on your log given).
Martingale factor since it is only 4, it tries to do BUYSTOP at index 5, it can't find the 5th martingale index. So, this time, martingale series is blank / 0. Then the lot size calculation will also resulting in 0.
That's why it throws: invalid lots amount for OrderSend function

Please leave Max Martingale Factor to the default value (25). I haven't implement max orders in a cycle limit, and I don't think I should implement that. Since if we stop then no point of having martingale, since that is the concept.

I hope you were not doing this with your real account.

radityo.ardi If I load your set, I get invalid trade parameters and invalid trade volume errors every second

I'm going home in a minutes. Meanwhile, can you download the latest, set IsDebug to True, then post whatever log thrown in this thread?

Just found in internet:

Forex Trading & Martingale Infographic: http://forexuseful.com/authors/forex...le-infographic

Thank you,
go tested it with this sett.

My suggestion is to run this system during London open and NY half time is closing time otherwise you will have huge losses. Why am I giving you suggestion because I introduced same kind of system http://www.forexfactory.com/showthread.php?t=501215 but I have modified this system just as you mentioned above.

That is what people normally do. I don't suggest to run this when the market is not open.

I agree with you that max lot was 2.56 but I couldn't understand how did you calculate the Daily profit around $10 - $20. when you are using 0.01 lot.


I have another suggestion that never use less than 10 pips Gap due to spread.

Well, first of all, daily $10 - $20, is not 1 cycle.
During running my EA, it can be hundred of cycles (depends on your settings), my settings was getting profit for $0.5 per cycle. Sometimes (since the market moves much and my take profit per cycle was too low), I got minus as market moves the opposite way, but overall, Friday 30 Jan 2015, my profit was even around ~$40.

Yes, I agree with you, never uses gaps less than 10 pips (100 points in equivalent). Help me to test that scenario. Then only we will know which settings that are most profitable... but safest...
Even for KanGKunG's scenario, he uses 10 pips of gap, TP at 2 x of Gaps and SL at Gaps + Spreads + 10 pips, daily max 3 cycles.

I think I am confusing myself with term cycle. Can you please define it more clearly with example.

My way of working is that I open any buy/sell order then it starts process of adding pending order to opposite side of last open trades with double lot. I set my TP in $.

Suppose when it reaches that Net profit among multiple open positions, I close all orders and start from beginning.

With above given process, I got $695 with 24/5 running EA continuously but sorry I cant share that EA because it is shared by us(group of traders/Friends) for commercial purpose. You can see here my posts http://www.forexfactory.com/showthre...62#post8035562

Account =$10,000
Initial lot =0.1
Gap=20 Pips
Profit=$10

On my live account, I use 0.01 lot and I use this system only when London market open, if my orders are close before NY market open then I place another trade otherwise I let it running because mostly all orders close during NY. I also use this system when any big report/news is expected.