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Quoting happytrade38
{quote} Hi Radityo.ardi, Your account is standard account? so when you mentioned take profit at $40, meaning is 4pip for 1 standard lot?
I'm using Tickmill with Exchange account type. I never done any measurement. But if starting from $5K, expectation is $40 for 0.25 initial lots.
If you ask me to code/fix your EA... it's probably not for free...
hi radityo,
i would like to know the setting in your 1st page if you dont mind, (sorry im a newbie)

1. the setting file (Martingale Anytime EURUSD.set.txt) uses broker 4digits or 5digits?and what value that i need to change if it doesnt suit my broker (mine use 4digits).
2. about gaps, it is the differential points/pips between last closed candle and newly opened candle right?and how many point/pip do u suggest?
3. this works on which time frame?

thank you. radityo.
Quoting radityo.ardi
{quote} I'm using Tickmill with Exchange account type. I never done any measurement. But if starting from $5K, expectation is $40 for 0.25 initial lots.

What is your trading time (sessions)? Any positive/negative slippage you get with them?
Quoting slianto
hi radityo, i would like to know the setting in your 1st page if you dont mind, (sorry im a newbie) 1. the setting file (Martingale Anytime EURUSD.set.txt) uses broker 4digits or 5digits?and what value that i need to change if it doesnt suit my broker (mine use 4digits). 2. about gaps, it is the differential points/pips between last closed candle and newly opened candle right?and how many point/pip do u suggest? 3. this works on which time frame? thank you....
My suggestion is to take profit based on "money" rather than "points" (or pips). I've coded for that as well.
The settings is applied for tickmill, 5 digits.
No, gaps is the tunnel ceiling and floor distance (in points). Gaps, I suggest around 10 pips.
As I never coded for specific timeframe, so no timeframe specific feature. It works on all.

Quoting leebsurag
{quote} What is your trading time (sessions)? Any positive/negative slippage you get with them?
Slippage, yes sometimes it does happen. I never set it anyway, that's why my trades, sometimes threw errors when it comes into high volatility times.
Time to trade, I suggest 2 - 4 hours before US time and stop at 4 hours after US time for EUR/USD.
If you ask me to code/fix your EA... it's probably not for free...
found 1 bug again. Cycle Count not reset to zero, apparently it seems only happened on Monday morning SGT.
If you ask me to code/fix your EA... it's probably not for free...
good morning, I was testing your EA, appears a problem with the SL. I have 5 digit broker.
GAP: 3
SL: 100
TP: 20
to such a small gap can sometimes an order to buy or sell skips.
thank you very much.
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Quoting Clipi
good morning, I was testing your EA, appears a problem with the SL. I have 5 digit broker. GAP: 3 SL: 100 TP: 20 to such a small gap can sometimes an order to buy or sell skips. thank you very much. {image}
Gap = 3 means 0.3 pips, note that yours is 5 digits.
Are you sure with that setting? Definitely it will throw errors.
If you ask me to code/fix your EA... it's probably not for free...
rad,

How can I change the Profit Target when I have it set with "fixed money" as the Target Price?

I am trying to test different target prices.

Right now, I am not sure how to change it from the default 10pip TP when using Fixed Money as my Target Price on the EA.

Thanks,


Jl29
Hi
Why can not I see the videos contained in the topic?
Please help me
Quoting Jl29
rad, How can I change the Profit Target when I have it set with "fixed money" as the Target Price? I am trying to test different target prices. Right now, I am not sure how to change it from the default 10pip TP when using Fixed Money as my Target Price on the EA. Thanks, Jl29
Try calculate with excel file I"ve provided here:
http://www.forexfactory.com/showthre...37#post8067337
You can do any kind of simulation there.

Quoting Hossein1
Hi Why can not I see the videos contained in the topic? Please help me
Your network maybe blocking it.
If you ask me to code/fix your EA... it's probably not for free...
Guys,
Below is the proof that not only Martingale series that can cause you a loss, but also the gap settings.
My Martingale Less Risk finally fell down touching the Stop Out 30% after margin call many times.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 95 KB


That Martingale uses gap 30 points, with "Multiply" modifier 1.5.
Surprisingly,
Martingale Support and Resistance with modifier 1.5 Gaps 100 points,
Martingale Normal AnyTime with modifier 2.0 Gaps 30 points,
and High Low with modifier 1.5 gaps 100 points,

all still surviving.
Attached Image


And another one, private Martingale Anytime, modifier 1.5 Gaps 100 points,
Attached Image



In short (the conclusions):
Whenever you change any of the important settings (Multiply, Modifier, Gaps, Martingale series, target, stop loss, etc), do a test first before running on live.
If you ask me to code/fix your EA... it's probably not for free...
Rad,

I am in love with this type of trading!

Tons of trades each day with small profits but I just can not seem to get the kind of results that you are showing in your Martingale Anytime Explorer.

I want the EA to perform just like it does for you...200ish trades on busy days. As of now, I am getting way too many errors. I am running FXPro.

See attached...

It's hedging. I have open buy and sell positions. Not sure how to fix this.

My settings:
Gap:30points and 2.0 modifier

Thanks in advance,

Jl29
Attached Image (click to enlarge)
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Quoting Jl29
Rad, I am in love with this type of trading! Tons of trades each day with small profits but I just can not seem to get the kind of results that you are showing in your Martingale Anytime Explorer. I want the EA to perform just like it does for you...200ish trades on busy days. As of now, I am getting way too many errors. I am running FXPro. See attached... It's hedging. I have open buy and sell positions. Not sure how to fix this. My settings: Gap:30points and 2.0 modifier Thanks in advance, Jl29 {image}
Whow....
You have 5 digits with 15 points spread. To me, 30 points gap is too optimistic, furthermore, it is considered too low.
Yes, your spreads is 15 points, compared to 30 points gap, but at high volatility times, the spread could expand higher, and EA couldn't work properly.

Probably you may want to set your gap higher to 50 points.
If you ask me to code/fix your EA... it's probably not for free...
  • Post #254
  • Quote
  • Edited 11:42am Mar 19, 2015 10:13am | Edited 11:42am
Quoting radityo.ardi
{quote} Whow.... You have 5 digits with 15 points spread. To me, 30 points gap is too optimistic, furthermore, it is considered too low. Yes, your spreads is 15 points, compared to 30 points gap, but at high volatility times, the spread could expand higher, and EA couldn't work properly. Probably you may want to set your gap higher to 50 points.
radityo.ardi,

I will change gap to 50 points but will that stop both Long and Short positions to open at the same time (it hedges instead of exiting).

What spread do you have on tickmill?
-just checked out their site...impressive spreads. 0.4 on eur/usd

thanks,

Jl29
Quoting Jl29
{quote} radityo.ardi, I will change gap to 50 points but will that stop both Long and Short positions to open at the same time (it hedges instead of exiting). What spread do you have on tickmill? thanks, Jl29
When you change a setting, it will ask you whether to close all orders for the current cycle. Select Yes, then it will close all.
I think 1 key point here is,
When you want to change any settings, better do it when no order opened. If still there's order, you better wait until freeze time (out of start & stop time, for start type Anytime). Do this practice when even you are on demo, so you'll get the feel how this ea works, and on top of that will also safe your account from unecessary opening orders.
Same when you (later) doing on live account, changing settings would need some test at least 1 or 2 months. We must be very discipline as this strategy having big risk.

My tickmill having 0.2 pips spread with comissions. That's why I can set gaps to 30 pips. For you, the minimum is 60 actually. But just try it first on demo.
I'm planning to activate AGEA demo with this EA tomorrow, since it has the same spreads like you (even a bit higher, @1.6 pips). Probably with small starting balance of 100 or 200 USD and see how it goes.
If you ask me to code/fix your EA... it's probably not for free...
Rad,

Maybe this was somewhere in the thread and i missed it but...

I noticed that you only trade the EU...why? is it bc of how volatile it has been combined with low spreads?

The reason i ask is bc i was wondering why you wouldn't trade all pairs when red news is coming out.

Say get in after 3 minutes of news release.

Also, have you thought about entering first trade when stoch is at o/s or o/b on the 1M chart? Seems like that will boost the edge.
...just a thought.

Thanks again,

Jl29
I think it's quite dangerous to trade even after 3 min... depending on broker the spread can go to 10 pips...yesterday it went from my usual 0.2 pips plus commission to 15 pips...it can give you plenty of errors and you can remain with the biggest position open on the wrong side...
And Rad, if you want to try on live account with only 100-200 deposit I thing it's also dangerous...the margin levels will be hit and you will loose your account.
Quoting Jl29
Rad, Maybe this was somewhere in the thread and i missed it but... I noticed that you only trade the EU...why? is it bc of how volatile it has been combined with low spreads? The reason i ask is bc i was wondering why you wouldn't trade all pairs when red news is coming out. Say get in after 3 minutes of news release. Also, have you thought about entering first trade when stoch is at o/s or o/b on the 1M chart? Seems like that will boost the edge. ...just a thought. Thanks again, Jl29
I tell you what.
It doesn't matter to me whether EU or any pairs. I was testing USDJPY or AUDUSD sometime back, at 08:00 - 12:00 timeframe, but it was bad. Caught up with index 12 many times. But I observed, both will have a high volatility (which I'm expecting) on around US opening time. So this time I just play with EURUSD.
Well, I want to keep my EA simple actually. Couple of people PM'd me to add some logic like some kind of chart at some timeframe, or based on fibo something... I said sorry to them, I can't do that. The settings now is already complicated, makes people cry.

3 mins after news is fine actually, well, at least to me. As long as you plan it out properly, such as gaps, lots, martingale series, etc.
Why I said so? Bc news time is just news time. No actual relation with the chart, although news impacting the chart. Sometimes 8pm news (my time SGT), but market moves at 8:30pm, sometimes moves before news like 7:30 then 8pm is like freezing then move again at 9pm.

Quoting sorin24
I think it's quite dangerous to trade even after 3 min... depending on broker the spread can go to 10 pips...yesterday it went from my usual 0.2 pips plus commission to 15 pips...it can give you plenty of errors and you can remain with the biggest position open on the wrong side... And Rad, if you want to try on live account with only 100-200 deposit I thing it's also dangerous...the margin levels will be hit and you will loose your account.
Don't worry, bro. Let it be blown or die, since it is only demo.
Sticking to the key points, never ever trade on live without testing it in demo for at least 1-2 months.

I hope you guys following me. I haven't trade any live acc with this EA yet.
I will tell you when is the time...
If you ask me to code/fix your EA... it's probably not for free...
Quoting radityo.ardi
My tickmill having 0.2 pips spread with comissions. That's why I can set gaps to 30 pips. For you, the minimum is 60 actually. But just try it first on demo.
How often you get such tight spreads on your orders? Only in flat market or it's in trending, slightly volatile one? What about spread widening, how often it occurs?
Quoting leebsurag
{quote} How often you get such tight spreads on your orders? Only in flat market or it's in trending, slightly volatile one? What about spread widening, how often it occurs?
Quite often.
I would say "trending" can happen even on normal hours like now.

But spread widening can occurs most of the time after a huge news released. You may notice I've posted some post saying that the cycle got stucked. That's when it happened, could be because of spread is high/wide at that time but could also because of the price moves and retract back before EA could finish open STOP order, so STOP order wasn't properly placed.
How often, not too often, I got already 3 - 4 times in 45+ days running the EA, the same situation where STOP order can't be placed, and stuck. But I was never tried to alter the EA to work. I kept it running.

When market is flat (or sleeping time, I would say), all orders executed properly, although I got my max martingale index touched many times due to the market is flat.
If you ask me to code/fix your EA... it's probably not for free...
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