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Micro martingale with small capital

  • #3,941
  • Apr 1, 2019 4:56pm Apr 1, 2019 4:56pm
Quoting Ironshirow
Thank you cupidsux I know very well the problems with martingale. I make many test with many pairs.
Hi Ironshirow
Also concerned about this incident.
For Aggressive Pair like GU, for Monday's case the daily range is only around 138 pips, but the soft trend is different from last Friday's condition with the price going up and down.
138 pips if you use a low grid (eg 10), there are around 13 transactions, the key is whether MM is enough for this many transactions.
I am also worried about this GU direction (see Sunday news about Brexit), then After Grid 7 transaction, I press the PAUSE button so that I don't add more transactions.
In general what is in V1_09 is also in V1_10, the difference in the Max_open_pos parameter

Rgds
margiyono61 gmail com, Telegr @Margiyono
  • #3,942
  • Apr 1, 2019 5:15pm Apr 1, 2019 5:15pm
Quoting cupidsux
{quote} ermm . currently you might wanna avoid GBPUSD due to political news , whats your marting min pips ? i suggest you might wanna stick with EURUSD & AUDUSD, whichever the case, using reverse trend marting is only good for range market, maybe you could wait for the next version where there is a build in trend indicator. it will work much better.
Hi Cupidsux
V1_10_1 I'm testing on a Live account with several charts, maybe next week is finished.
margiyono61 gmail com, Telegr @Margiyono
  • #3,943
  • Apr 2, 2019 3:11am Apr 2, 2019 3:11am
Hi

As others have pointed out, GBP/USD I had a massive DD a couple of weeks ago because of Brexit news. I stopped trading GBP and just Eur/USD and USD/JPY
and performed pretty well so far.

Cheers
  • #3,944
  • Apr 2, 2019 4:18am Apr 2, 2019 4:18am
Quoting len82
Hi As others have pointed out, GBP/USD I had a massive DD a couple of weeks ago because of Brexit news. I stopped trading GBP and just Eur/USD and USD/JPY and performed pretty well so far. Cheers
Hi Len

Right, looking safe
Actually, GBPxxx in normal circumstances, is a profitable pair. But sometimes it moves in extreme ways. If you are looking for safe, use a longer grid (around 30 pips), but the growth will be slow.
I hope, someday EA can produce well even though the market conditions are volatile, without having to avoid news or the like, without any worries.
For example Sell orders, prices go up or down while still making profits.

Rgds
margiyono61 gmail com, Telegr @Margiyono
  • #3,945
  • Apr 2, 2019 4:45am Apr 2, 2019 4:45am
Hi

Would it be an idea and not sure if possible to build into the ea that should high priority news come up the ea adjust the grid itself to say 30 pips half an hour before and after the news in order for it to deal better with larges news spikes?

Cheers
  • #3,946
  • Apr 2, 2019 4:57am Apr 2, 2019 4:57am
Quoting len82
Hi Would it be an idea and not sure if possible to build into the ea that should high priority news come up the ea adjust the grid itself to say 30 pips half an hour before and after the news in order for it to deal better with larges news spikes? Cheers
Dynamic Grid, is available not by news, but because of the price range from the first order in pips (on V1_10 there are fewer bugs)
Why are news filters ineffective?
1. For example before a Sell order (1 transaction) then the price goes up 100 pips on the M1 candle, EA will not order marting (limited by Grid_Time_Minute), the result will be profit.
2. For example before the sell order (1 transaction) then the price drops 100 pips the result will be profit.
3. The problem is: before the news and already have many Sell transactions (maybe the previous day's transactions), then the price goes up 100 pips or more. For this case, for example, disable EA before news, it is not useful.
margiyono61 gmail com, Telegr @Margiyono
  • #3,947
  • Apr 2, 2019 5:03am Apr 2, 2019 5:03am
This is Live testing for M1 and follow trend H1
Attached Image (click to enlarge)
Click to Enlarge Name: Capture114.PNG Size: 17 KB
margiyono61 gmail com, Telegr @Margiyono
  • #3,948
  • Apr 2, 2019 5:30am Apr 2, 2019 5:30am
Quoting mrgmrg
This is Live testing for M1 and follow trend H1 {image}
Hi,

Which pair is this?
  • #3,949
  • Apr 2, 2019 5:41am Apr 2, 2019 5:41am
Quoting Anpar
{quote} Hi, Which pair is this?
I test for GU and UJ
margiyono61 gmail com, Telegr @Margiyono
  • #3,950
  • Apr 2, 2019 6:14am Apr 2, 2019 6:14am
Quoting mrgmrg
{quote} I test for GU and UJ
Ok, Thanks.

I have GU flat right now, no trend. For me, I would be on the sidelines for this pair. With that said, it's been in a down trend since March 22nd, no longs for me.

UJ, very strong uptrend, since the 28th of March on longs, but has been ranging the last 2 days.
  • #3,951
  • Apr 2, 2019 6:18am Apr 2, 2019 6:18am
Quoting Anpar
{quote} Ok, Thanks. I have GU flat right now, no trend. For me, I would be on the sidelines for this pair. With that said, it's been in a down trend since March 22nd, no longs for me. UJ, very strong uptrend, since the 28th of March on longs, but has been ranging the last 2 days.
correct when using a larger time frame trend. In this test I use H1 parameter, if using H4, D1 or W1, the direction will be different
margiyono61 gmail com, Telegr @Margiyono
  • #3,952
  • Apr 3, 2019 3:57am Apr 3, 2019 3:57am
Hi mrgmrg and others,

I am currently testing the EA on a demo account with settings A HR 33 on a EURUSD 1m chart. I will let the EA only take trades in the direction of the H4 trend. If a H4 candle closes above the SMA 10, I consider the trend to be upwards. Vice versa for a downward trend.

I am currently thinking about how to let the EA behave in case the trend changes and there are still open positions in the other direction. Ideally, you want to close these positions with profit or break even but without adding to many new positions against the trend. Any ideas for settings of the EA?
  • #3,953
  • Apr 3, 2019 4:14am Apr 3, 2019 4:14am
Quoting Adam84
Hi mrgmrg and others, I am currently testing the EA on a demo account with settings A HR 33 on a EURUSD 1m chart. I will let the EA only take trades in the direction of the H4 trend. If a H4 candle closes above the SMA 10, I consider the trend to be upwards. Vice versa for a downward trend. I am currently thinking about how to let the EA behave in case the trend changes and there are still open positions in the other direction. Ideally, you want to close these positions with profit or break even but without adding to many new positions against the...
Trading following a trend is good, but we don't know when the trend will end, so often open BUY at the top or open sell below.
Maybe ideally the order is only in a trend condition just starting.
As if seen on the TMA indicator, it's good to buy only when the lower cross bands and op sell only when the top cross bands.
But the TMA indicator I tried was unsuccessful, because it always loads the Indicator of each Tick, so the EA load is too heavy.
Instead, I try to use Envelopes with TF, period and Deviation inputs. The weakness of the Envelopes indicator is Re-Pain.
I will add another indicator if I find a good indicator.
margiyono61 gmail com, Telegr @Margiyono
  • #3,954
  • Apr 3, 2019 4:50am Apr 3, 2019 4:50am
Quoting mrgmrg
{quote} Trading following a trend is good, but we don't know when the trend will end, so often open BUY at the top or open sell below. Maybe ideally the order is only in a trend condition just starting. As if seen on the TMA indicator, it's good to buy only when the lower cross bands and op sell only when the top cross bands. But the TMA indicator I tried was unsuccessful, because it always loads the Indicator of each Tick, so the EA load is too heavy. Instead, I try to use Envelopes with TF, period and Deviation inputs. The weakness of the Envelopes...
Hi mrgmrg,

Thank you for your answer. I think it will be difficult in the end to find an indicator that always is right regarding the determinaion of the trend. Even if the approach is to only trade during the beginning of the trend, there will never be certainty that a certain price development on the chart is actually the start of a new trend. It could easliy also be a false fake brake out, a correction, etc.

My question, however, related more to the current possible settings of the EA. The EA has many settings with which I am not (completely) familiar with. I would like to know whether you - or other participants - can actually recommend (to try) certain setting in the event (i) we assume the trend has changed and therefore only going to trade in the direction of the new trend (ii) but there are still some open positions in the other direction. What settings could be used so the EA closes these in profit or, at least, BE?
  • #3,955
  • Apr 3, 2019 5:01am Apr 3, 2019 5:01am
Quoting Adam84
{quote} Hi mrgmrg, Thank you for your answer. I think it will be difficult in the end to find an indicator that always is right regarding the determinaion of the trend. Even if the approach is to only trade during the beginning of the trend, there will never be certainty that a certain price development on the chart is actually the start of a new trend. It could easliy also be a false fake brake out, a correction, etc. My question, however, related more to the current possible settings of the EA. The EA has many settings with which I am not (completely)...
Current conditions, there is no Closing facility based on the reversal of the trend direction
In the default parameter, there is no closing in loss
But there are some for cut loss
1. StopLoss (in Pips)
2. Close_if_Loss (in percent of use margin)
3. Action_if_Over_DD along with the parameters below
4. Close_all_Position (End of day or End off week)
5. Use the buttons available on the screen
margiyono61 gmail com, Telegr @Margiyono
  • #3,956
  • Apr 3, 2019 5:05am Apr 3, 2019 5:05am
Quoting mrgmrg
{quote} Current conditions, there is no Closing facility based on the reversal of the trend direction In the default parameter, there is no closing in loss But there are some for cut loss 1. StopLoss (in Pips) 2. Close_if_Loss (in percent of use margin) 3. Action_if_Over_DD along with the parameters below 4. Close_all_Position (End of day or End off week) 5. Use the buttons available on the screen
Thank you.
  • #3,957
  • Apr 3, 2019 5:07am Apr 3, 2019 5:07am
Quoting Adam84
{quote} Hi mrgmrg, Thank you for your answer. I think it will be difficult in the end to find an indicator that always is right regarding the determinaion of the trend. Even if the approach is to only trade during the beginning of the trend, there will never be certainty that a certain price development on the chart is actually the start of a new trend. It could easliy also be a false fake brake out, a correction, etc. My question, however, related more to the current possible settings of the EA. The EA has many settings with which I am not (completely)...
My recommendation would be to close all trades for the pair when a trend change occurs. No waiting for profit or BE, for me the trend change is my stop-loss and as such I treat it accordingly. For now this has to be done with the close all button in version 10, previous versions use a script or close the trades manually.
  • #3,958
  • Apr 3, 2019 10:35am Apr 3, 2019 10:35am
Hi
What a ride on the GBP pairs today but all went well in the end. Going to adjust the grid to 30 as mrgmrg suggested going forward to limit dd

cheers
  • #3,959
  • Apr 3, 2019 1:25pm Apr 3, 2019 1:25pm
From what GU did today, I saw a 40% drawdown. It wasn't funny at all.

Please I want to Re-calculate my lot size. MrG please help me calculate the drawdown that will be seen on a 500pips move, if first grid starts with 0.01 using set file 33. Please help me, so I know if this 5k account is safe at that level.

Thanks in advance
  • #3,960
  • Apr 4, 2019 6:29am Apr 4, 2019 6:29am
Quoting Elliot12345
From what GU did today, I saw a 40% drawdown. It wasn't funny at all. Please I want to Re-calculate my lot size. MrG please help me calculate the drawdown that will be seen on a 500pips move, if first grid starts with 0.01 using set file 33. Please help me, so I know if this 5k account is safe at that level. Thanks in advance
If you have a USD account and you start with 0.01 lots on GU, the approximate results using the 33 Martingale Multiplication parameter will be:

Grid size 20 pips: around -13k USD
Grid size 30 pips: around -6k USD
Grid size 50 pips: around -2k USD

Using Martingale Multiplication = 99, the results would be:

Grid size 20 pips: around -6k USD
Grid size 30 pips: around -2.8k USD
Grid size 50 pips: around -1.1k USD

Like I wrote in my previous post, opening positions blindly and hoping that market will change direction at some point is a sure way of wiping accounts. If you use such aggressive settings I believe the only way you can make money is to withdraw profits regularly and hope you'll be in profit before such a move will happen.
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