hey radityo ardi
many thanks for sharing this system. can i ask what timeframe your martingaleanytime demo is?
thanks
many thanks for sharing this system. can i ask what timeframe your martingaleanytime demo is?
thanks
- Joined Jul 2014 | Status: BAGONG!!! | 1,142 Posts
If you ask me to code/fix your EA... it's probably not for free...
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,557 Posts
Love for all; Hatred for none.
- Joined Jul 2014 | Status: BAGONG!!! | 1,142 Posts
If you ask me to code/fix your EA... it's probably not for free...
- | Joined Dec 2014 | Status: Member | 122 Posts
Dear Radityo, again highly appreciate your selfless and precious source codes.
May I have some questions on the codes?
1. I understand a cycle is one round of Martingale from beginning to closed with a series of orders.
. Why need to use "MaxMartingaleCycle" to limit the cycle loops?
. Is it necessary to "ResetCycle()" and reset "CycleCount=0"?
2. Sorry to tell I can't understand the necessity of "if(i==0).." and "if(i==1).." in the example below.
if(StringSubstr(mn,0,4)==IntegerToString(MagicNumber))
{
//Update the UpperGapPrice
if(i==0) //first order
{....}
if(i==1)
{....}
3. Within " else if(TrailingTargetType==TTTTrailingTarget) ..", why not to add "“TotalProfit>=TrailingTargetValue && TotalProfit<=TrailingTargetValue+TrailingTarget”" for the sentence " IsTimeToCloseAll=(TrailingTargetValue>0 && TotalProfit<=TrailingTargetValue);"? How can current sentence make profit? It's appreciated if you can kindly help clarify.
4. When calculate "FirstPoints" with the sentences "if(Direction==DBuy) { FirstPoints=...", what if the first order of current cycle hasn't been closed?
5. Within "SetSNR()", what if it's Holiday and market if off on last Friday?
6. Tested 1 year of 2013 and below is the balance wave.
May I have some questions on the codes?
1. I understand a cycle is one round of Martingale from beginning to closed with a series of orders.
. Why need to use "MaxMartingaleCycle" to limit the cycle loops?
. Is it necessary to "ResetCycle()" and reset "CycleCount=0"?
2. Sorry to tell I can't understand the necessity of "if(i==0).." and "if(i==1).." in the example below.
if(StringSubstr(mn,0,4)==IntegerToString(MagicNumber))
{
//Update the UpperGapPrice
if(i==0) //first order
{....}
if(i==1)
{....}
3. Within " else if(TrailingTargetType==TTTTrailingTarget) ..", why not to add "“TotalProfit>=TrailingTargetValue && TotalProfit<=TrailingTargetValue+TrailingTarget”" for the sentence " IsTimeToCloseAll=(TrailingTargetValue>0 && TotalProfit<=TrailingTargetValue);"? How can current sentence make profit? It's appreciated if you can kindly help clarify.
4. When calculate "FirstPoints" with the sentences "if(Direction==DBuy) { FirstPoints=...", what if the first order of current cycle hasn't been closed?
5. Within "SetSNR()", what if it's Holiday and market if off on last Friday?
6. Tested 1 year of 2013 and below is the balance wave.
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,557 Posts
Love for all; Hatred for none.
- Joined Jul 2014 | Status: BAGONG!!! | 1,142 Posts
Sorry guys. I was out for a week, just to catch up some important job, so couldn't get time to reply you all.
Shockingly, during my outage, the main martingale testing account is wiped out!
I already know that Martingale Anytime on this testing is quite risky, knowing the fact that it reaches the max margin used many times.
Thanks man.
hmmm... interesting... Ya, probably need to compare for each broker whether it is really gives advantage for us.
I noticed as well. I need to work on the SNR case when the limit is set to zero, I think I have issues with this.
I haven't tried the slippage scenario. But frankly, very interesting issue where I set slippage to false on some other broker, but the slippage is applied. I don't know whether the broker really accepting slippage = false. But it should throws you an error in case of slippage = false, or slippage = true and you set it to 0 (zero).
aaah... .that is a different mechanism, yes, my EA won't fit with that condition 
But good to explore that.
Shockingly, during my outage, the main martingale testing account is wiped out!
I already know that Martingale Anytime on this testing is quite risky, knowing the fact that it reaches the max margin used many times.
very good ym loking fot this for a very long time . first there are any bugs it is working ok for those o are testing . becouse im away from home y dont have the time to testet . 10% or 5% is very good way to get some money from this or growin an acount .
{quote} So an average transaction cost for standard lot is 6 USD, right? Quite cheap for you, as it appears you avoid news trading times. I'm mostly catching pips on news so it's a bit more expensive there.
Dear Radityo, It's really highly appreciated to get the open-source EA from you. I'm still studying it and not understand your precious code very well yet, but there is some problem during testing. I tested on M15 and no any orders can be open. Later found StartNow is always 'false' since Resistance1 and Support1 are '0' as if SetSNR() was never called. I'm still checking the root cause and hope get some idea from you in parallel. Thanks.
Hi Radityo, I continue start to do the test for the new release. I see the default slippage is 50 point (my server is 5 digit, which equivalent to 5pips), what EA react if the real scenario where slippage more than 50 point? thanks a lot.
Hi Radityo, I guess I cannot fully utilize the EA you have developed. My idea of the strategy is firstly I could buy or sell first, if it hit SL (10 pips), then it will close the position. At the same time open opposite position with 10 pips SL and 50 pips TP. I tested the EA, when it hit -10 pips, it opens another opposite position, but it didn't close the early -10pips position. Any chance to set it? thanks.
But good to explore that.
If you ask me to code/fix your EA... it's probably not for free...
- Joined Jul 2014 | Status: BAGONG!!! | 1,142 Posts
Dear Radityo, again highly appreciate your selfless and precious source codes.
1. I understand a cycle is one round of Martingale from beginning to closed with a series of orders. . Why need to use "MaxMartingaleCycle" to limit the cycle loops? . Is it necessary to "ResetCycle()" and reset "CycleCount=0"?
Now for ResetCycle(), this one is to reset conditionally:
if (((ArrOrderSize == 0 && !ForceReset) || ForceReset) && MaxMartingaleCycle > 0)
which means this method is meant for MaxMartingaleCycle set to > 0. If ForceReset(), it will set CycleCount to 0 if ForceReset = true or no open order and ForceReset = false.
This condition is to cater a few scenarios:
If the time of reset and record SNR is reached, but still there's order opened, then it won't reset.
if there's no order, then it will reset.
In case you restart / change timeframe and indicate Ues to close all orders.
2. Sorry to tell I can't understand the necessity of "if(i==0).." and "if(i==1).." in the example below. if(StringSubstr(mn,0,4)==IntegerToString(MagicNumber)) { //Update the UpperGapPrice if(i==0) //first order {....} if(i==1) {....}
OK, this is just to find what is the Upper tunnel gap (ceiling) and Lower tunnel gap (floor). I use that logic only to record first and second. Since if you notice, that some users may want to reset or restarting (but this is very rare case) their MT4, the EA then can try to detect what is the ceiling and floor. So EA can continue in case restart happen.
3. Within " else if(TrailingTargetType==TTTTrailingTarget) ..", why not to add "TotalProfit>=TrailingTargetValue && TotalProfit<=TrailingTargetValue+TrailingTarget" for the sentence " IsTimeToCloseAll=(TrailingTargetValue>0 && TotalProfit<=TrailingTargetValue);"? How can current sentence make profit? It's appreciated if you can kindly help clarify.
There are 3 stages here in the trailing profit scenario.
1. when the price below ProfitTarget, of course, nothing happen. TrailingTargetValue will be zero all the time.
2. when the price above ProfitTarget AND below Trailing line, then update TrailingTargetValue = ProfitTarget, then cycle will be closed if profit reaches below TrailingTargetValue. See pic below.
3. when the price above ProfitTarget AND above Trailing line, then update TrailingTargetValue = TotalProfit - TrailingTarget. If let us say, with the same condition, the profit going up and up (noted by the condition if ((TotalProfit - TrailingTarget) > TrailingTargetValue), I will keep updating TrailingTargetValue = TotalProfit - TrailingTarget. But if it is not, then I will keep silent, until the TotalProfit falls under TrailingTargetValue, then I close it all.
Dear Radityo, again highly appreciate your selfless and precious source codes. May I have some questions on the codes? 1. I understand a cycle is one round of Martingale from beginning to closed with a series of orders. . Why need to use "MaxMartingaleCycle" to limit the cycle loops? . Is it necessary to "ResetCycle()" and reset "CycleCount=0"? 2. Sorry to tell I can't understand the necessity of "if(i==0).." and "if(i==1).." in the example below. if(StringSubstr(mn,0,4)==IntegerToString(MagicNumber)) { //Update the UpperGapPrice if(i==0) //first...
4. When calculate "FirstPoints" with the sentences "if(Direction==DBuy) { FirstPoints=...", what if the first order of current cycle hasn't been closed?
5. Within "SetSNR()", what if it's Holiday and market if off on last Friday?
6. Tested 1 year of 2013 and below is the balance wave.
I hope that answers your questions.
If you ask me to code/fix your EA... it's probably not for free...
- Joined Aug 2012 | Status: Love for all; Hatred for none | 3,557 Posts
Love for all; Hatred for none.
- Joined Jul 2014 | Status: BAGONG!!! | 1,142 Posts
Hi all,
v1.092 has been uploaded. This version is actually same as v1.09, with 1 fix:
Dynamic Starting Lot is now updated everytime we want to start new cycle --> thanks to the one (I forgot the name) noting this bug down in this thread.
Additionally, I've changed the license from MsPL to Tunnel Martingale License. Just same as MsPL with added terms such as charity.
https://sites.google.com/site/tunnelmartingalecla/
If in the future,
you feel that this EA is USEFUL and GIVING PROFITS to yourself, you are ENCOURAGED to do DONATIONS (stated on the license above). This donations is not for me, but for other needy people, kids and children in your country or any other part of the world.
I dedicated my time and efforts to build this EA freely to them, so let us share a good things we have with them. I'm sure you will agree with me.
But I will not force you under any circumstances, you have to donate yourself at your own good will. I've done my part and will keep doing this.
v1.092 has been uploaded. This version is actually same as v1.09, with 1 fix:
Dynamic Starting Lot is now updated everytime we want to start new cycle --> thanks to the one (I forgot the name) noting this bug down in this thread.
Additionally, I've changed the license from MsPL to Tunnel Martingale License. Just same as MsPL with added terms such as charity.
https://sites.google.com/site/tunnelmartingalecla/
If in the future,
you feel that this EA is USEFUL and GIVING PROFITS to yourself, you are ENCOURAGED to do DONATIONS (stated on the license above). This donations is not for me, but for other needy people, kids and children in your country or any other part of the world.
I dedicated my time and efforts to build this EA freely to them, so let us share a good things we have with them. I'm sure you will agree with me.
But I will not force you under any circumstances, you have to donate yourself at your own good will. I've done my part and will keep doing this.
If you ask me to code/fix your EA... it's probably not for free...
- Joined Jul 2014 | Status: BAGONG!!! | 1,142 Posts
I'll just put some notes on my observations during this weekend.
Inspite of the losses suffered by Martingale AnyTime, it tried to cover the losses, and quite good performance for EU itself. So currently the EA trying to run "good" and covering the losses from $300-ish to now about $878. But still I think this won't last long, bumpy ride ahead.
Nevertheless, I've never suggested Martingale AnyTime to be used in Live account. Since it is too much risky. The basic principle should consider the amount of cycles daily, the strategy taken, and plan your profit and losses.
OK... continue to the next strategy, High and Low.
This strategy is quite stable as of now. Not much martingale index consumed, small profit, but stable and smooth. So far reaches index 5, but it was very rare situation. I think I would recommend this strategy.
To be honest, I've monitored this strategy for long time ago since last year in 2014, before start coding Tunnel Martingale. The profitable trades if you set 1 time trade daily, it will be like 90% profitable trades. But that time, the problem is when the market moves on opposite direction, there's no backup plan. Loss just loss, nothing to recover. Now you know why I add High and Low scenario there, since I know it was profitable with 90%. Because I can link High and Low strategy with this Tunnel Martingale. So the idea is in case taking High and Low, but the market moves otherwise, I still can get the profit!
So let us take a look deeper into the forward testing result.
So far been running this for 44 days, with all time profit for 25% or $1271 from starting balance of $5000. Not much, but quite good and stable. Win rate I think this strategy is higher, around 73%, compared to the other strategy like AnyTime or Support Resistance.
I'm still thinking that we can somehow tune the settings up so we can get the profit higher, but that's another story I want to test.
Now you see the vertical line I drew?
The left side was the old settings, I don't remember what it was, but some bugs was reflected there. Right side is the current settings unchanged till date.
Now let us see the chart with dashboard.
During my observation, lowest margin never touch 50% of the balance! So, I'm still thought of tune the settings up to get more profits monthly.
So, giving this facts, I'm still sure that this method is the most stable one so far. To look for this is quite simple.
spikes!
Yikes! My comment is: need to see where it will fall. This is my Support and Resistance.
And this...
smooth ride! Though I got 1 bumpy ride, but that was because of some bugs.
Inspite of the losses suffered by Martingale AnyTime, it tried to cover the losses, and quite good performance for EU itself. So currently the EA trying to run "good" and covering the losses from $300-ish to now about $878. But still I think this won't last long, bumpy ride ahead.
Nevertheless, I've never suggested Martingale AnyTime to be used in Live account. Since it is too much risky. The basic principle should consider the amount of cycles daily, the strategy taken, and plan your profit and losses.
OK... continue to the next strategy, High and Low.
This strategy is quite stable as of now. Not much martingale index consumed, small profit, but stable and smooth. So far reaches index 5, but it was very rare situation. I think I would recommend this strategy.
To be honest, I've monitored this strategy for long time ago since last year in 2014, before start coding Tunnel Martingale. The profitable trades if you set 1 time trade daily, it will be like 90% profitable trades. But that time, the problem is when the market moves on opposite direction, there's no backup plan. Loss just loss, nothing to recover. Now you know why I add High and Low scenario there, since I know it was profitable with 90%. Because I can link High and Low strategy with this Tunnel Martingale. So the idea is in case taking High and Low, but the market moves otherwise, I still can get the profit!
So let us take a look deeper into the forward testing result.
So far been running this for 44 days, with all time profit for 25% or $1271 from starting balance of $5000. Not much, but quite good and stable. Win rate I think this strategy is higher, around 73%, compared to the other strategy like AnyTime or Support Resistance.
I'm still thinking that we can somehow tune the settings up so we can get the profit higher, but that's another story I want to test.
Now you see the vertical line I drew?
The left side was the old settings, I don't remember what it was, but some bugs was reflected there. Right side is the current settings unchanged till date.
Now let us see the chart with dashboard.
During my observation, lowest margin never touch 50% of the balance! So, I'm still thought of tune the settings up to get more profits monthly.
So, giving this facts, I'm still sure that this method is the most stable one so far. To look for this is quite simple.
spikes!
Yikes! My comment is: need to see where it will fall. This is my Support and Resistance.
And this...
smooth ride! Though I got 1 bumpy ride, but that was because of some bugs.
If you ask me to code/fix your EA... it's probably not for free...
- | Joined Sep 2011 | Status: Member | 160 Posts
It works well in trending periods and all trending pairs, all timeframe. (It is no matter.)
But there is a disadvantage of it: ranging market.
If there is a long ranging period or you put it on a ranging pair, the EA (the method) will kill your account.
I thought about a lot of time how we can safer and/or profitable this method. (Not to be 100% safe, of course.)
One important thing is: diversification. The more pairs you use on it on the same account, the more chance that there will be more pairs which go in profit, than which will remain in loss.
The 2nd important thing is: use only on trending pairs! It is not so difficult to choose some trending pairs.
And the 3rd importnat thing: some modifictaion on this strategy. I have 2 idea about it.
My idea: not to use any indicator to indetify the trend/driection, because every of them can be false.
Instead of it it would be better to build pyramid, every new level would be protect with trailing stops.
With this method the EA would need much less trend movement to be able to close all of its positions.
And can be able to collect much more profit, than without pyramid. To build pyramid: If an order is in profit, the EA would start to open another position in the same direction with an external adjustable distance (in pips) and an external adjustable lotmultiplier. Every new pyramid level can be protected by trailing stops. So the EA open new pyramid level in just that case when the previous levels are in profit and are protected with TS.
In the picture attached below: there is a relative long shell position. 150 pips.
Imagine how much pips you would be able to collect if this 150 pips distances were build by pyramid trades!
And one more thing: you can make the EA "2sides": we can collect even more profit.
But there is a disadvantage of it: ranging market.
If there is a long ranging period or you put it on a ranging pair, the EA (the method) will kill your account.
I thought about a lot of time how we can safer and/or profitable this method. (Not to be 100% safe, of course.)
One important thing is: diversification. The more pairs you use on it on the same account, the more chance that there will be more pairs which go in profit, than which will remain in loss.
The 2nd important thing is: use only on trending pairs! It is not so difficult to choose some trending pairs.
And the 3rd importnat thing: some modifictaion on this strategy. I have 2 idea about it.
My idea: not to use any indicator to indetify the trend/driection, because every of them can be false.
Instead of it it would be better to build pyramid, every new level would be protect with trailing stops.
With this method the EA would need much less trend movement to be able to close all of its positions.
And can be able to collect much more profit, than without pyramid. To build pyramid: If an order is in profit, the EA would start to open another position in the same direction with an external adjustable distance (in pips) and an external adjustable lotmultiplier. Every new pyramid level can be protected by trailing stops. So the EA open new pyramid level in just that case when the previous levels are in profit and are protected with TS.
In the picture attached below: there is a relative long shell position. 150 pips.
Imagine how much pips you would be able to collect if this 150 pips distances were build by pyramid trades!
And one more thing: you can make the EA "2sides": we can collect even more profit.