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Success with Martingale & Hedge - Possible?

  • #361
  • Nov 23, 2018 8:15am Nov 23, 2018 8:15am
Quoting pcorneli
also EURUSD and AUDNZD. The latest looks promessing. The quotes are close so one can sell and buy 1 to 1. The max over several years turns out to be 0.1. There is also some volatility. I sold EU and bought AN. Commission was 14. And within 15 minutes the value of this spread went from -30 to +12. Now i am sleepy, but tomorrow i gone try this out. No need for Headging the spreads are important. A kind of out of the box. Led's keep thinking.
What I believe, martingale with reciprocal pairs will not give us an edge because both pairs will get into trend in opposite directions and both will stuck in martingale. However if you use these for hedge only then you can diversify the risk. Just my thoughts
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  • #362
  • Edited 8:55am Nov 23, 2018 8:15am | Edited 8:55am
Hi guys,

read some of your opintions about martingale, and it's very interesting.

You may know a special grid EA from mql market (I don't want to name it in public, but it is on top of all rangs)
and there are some people running it for several months now.

There is a special thread for it, just google 'grid hero (or king) traders come here',
we even counted a grid step of 19 on 1h already...
(or let 3 EAs run on one account, which is quite impressive).

Attached Image (click to enlarge)
Click to Enlarge Name: gridhero.png Size: 29 KB
  • #363
  • Nov 23, 2018 8:17am Nov 23, 2018 8:17am
Quoting Dafiri
Please take a look at what I am doing with my own martingale: https://www.myfxbook.com/en/members/...ingale/2412743 You will see some huge draw-downs but I have done something to seriously reduce that. I am making a free video on the martingale system in general but I think that is for newbies and not for most folks here, who already are very knowledgeable about the martingale system
So you playing with martingale manually only?
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  • #364
  • Nov 23, 2018 8:57am Nov 23, 2018 8:57am
Quoting KashifNawaz
{quote} What I believe, martingale with reciprocal pairs will not give us an edge because both pairs will get into trend in opposite directions and both will stuck in martingale. However if you use these for hedge only then you can diversify the risk. Just my thoughts
Yes as Grid in 2 directions. Trying to limit losses, a time between trades helps against spikes. Increasing Lotsize of Sells when accumulating Buy trades. What history learns add's to probability.
Using TDI and Increase StepSize. (examples)

Good Trading.
  • #365
  • Nov 23, 2018 8:59am Nov 23, 2018 8:59am
Quoting lenanard
Example equity departure 1000 and equity target = equity departure + X$ or %” In fact when you want to put a take profit you can use : A take profit in pips Or a take profit in money. With common martingale system, traders used take profit in pips. With the strategy I posted, strategy needs a take profit in money.
Thanks for your detailed example friend. We already have TP$ parameter of this EA. 10$ TP always hit way before than 10 pips. Thats why you see smooth growing curve in backtesting of this EA. In this way, you get less profit but its better from high DD

Quoting lenanard
So after 1 X 0.01 buy position, I hedge with 1 X 0.01 sell position. When I close the 1 X 0.01 sell position, I can closed this trade flat, with loss or with gain. As you can see at the same time I close the sell position , I open a new buy position. Result = 2 buy position are open. The first buy at 0.01 lot and the second at 0.01 lot or more (if you want apply a martingale more aggressive). If we choose always 0.01 lot we have at this moment 2 X 0.01 lot buy position open. Ect ect Important to used a target equity in money is, due how (in the...
Trying to understand your example, will get back to you on this in case of any query.
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  • #366
  • Nov 23, 2018 9:45am Nov 23, 2018 9:45am
Quoting Dafiri
{quote} It was after I made the changes.As a matter of fact, I have another account I am running the new modifications on and the DD has failed to hit the 10% mark so far. I expect it not to ever get to 16%.
If so you found the holy grail.
My compliments to you.
I did't still found a solution to my problems
  • #367
  • Edited 12:01pm Nov 23, 2018 11:47am | Edited 12:01pm
Quoting Ezios
{quote} I applied this mode too: {file}
Hi,

Thank you KashifNawaz for sharing this EA and coder Ezios to improve the source code.
I attach this EA to demo account, and after several OP (single OP and martingale OP), i found that those OP close with different TP pips, even I set this EA with TakeProft (Pips) same number i.e 10 pips.
I think that because of a waiting time to execute the order from the EA to broker server and this EA use hidden TP.

Dear Ezios, may I suggest to make a "hard" TP (a real TP) for for every OP this EA ? Could you kindly make some improvement code for this EA. Thank you in advance.

sory for my english
  • #368
  • Edited 4:10pm Nov 23, 2018 3:42pm | Edited 4:10pm
Quoting KashifNawaz
{quote} Current version of GWF is based on same idea. At your chosen given level, it start hedging, thats not an issue. Problem is, we want to hedge at later stages when martingale cycle is already dangerous and using higher volume lots, so off course, hedge trades will be equal to that. So if hedge trade will hit SL, it will not be minor losses but big one, maybe it will take away your profit of few weeks... but still better from margin call. In spikes and big volatility, hedging is fine but when price keep moving to one direction in stair way...
GWF opens one buy n one sell at the beginning,i was suggesting simple one direction martingale and not hedging martingale.
The key to success is to use safe settings of marti EA(small lot size and low multiplier) with big account i.e 1000 $ per pair in cent account or 1:500 or even 1:1000 leverage.
for any reason if our marti goes bad then plan B or engine B activates.
IMHO There could be few options:
1.Equal size hedging trades will opens as same as marti next trades
2.Big size hedging lot opens and watever closing strategy for hedge trades are
3.open hedge trades of all existing and new trades

now what do we want is ,what to do with hedge trades? because marti will close on retracement sooner or later by hitting TP.

There could be few option in my opinion
1.as soon as martingale lots comes X pips to profit, hedging trades should close with profit. Because when marti is in negative,hedging lots will be in profit right?
2.The whole trail closes on profit or breakeven, it is safer than the MC.

Remember this situation or hedging engine will only work when the account is in danger,so this is our recovery strategy.

so the EA should work intelligently.
Kashif if there is any confusion,please give me a voice message in telegram,Thanks.
  • #369
  • Nov 23, 2018 4:09pm Nov 23, 2018 4:09pm
Quoting Fx-Gamer
Hi guys, read some of your opintions about martingale, and it's very interesting. You may know a special grid EA from mql market (I don't want to name it in public, but it is on top of all rangs) and there are some people running it for several months now. There is a special thread for it, just google 'grid hero (or king) traders come here', we even counted a grid step of 19 on 1h already... (or let 3 EAs run on one account, which is quite impressive). {image}
how about using the news filter in the EA?
  • #370
  • Nov 23, 2018 4:39pm Nov 23, 2018 4:39pm
Quoting Dafiri
{quote} It was after I made the changes.As a matter of fact, I have another account I am running the new modifications on and the DD has failed to hit the 10% mark so far. I expect it not to ever get to 16%.
Would you mind to share with us this solution that reduce so heavily the DD?
Obviously if it's not secret
  • #371
  • Edited Nov 24, 2018 5:35am Nov 23, 2018 4:48pm | Edited Nov 24, 2018 5:35am
Quoting lenanard
Hi alls. I read all the post and thanks for your work. I am also interested by grid + hedging. I am not a coder just a trader. I try to find a solution at the problem. But just make paper trading. 1 – I think a part of the solution is to grow the equity. Example equity departure 1000 and equity target = equity departure + X$ or %. 2 – I use only one indicator (no repainting) to open the first trade and manage the strategy. Indicator is the bbands stop. A picture that explain the strategie. If you are interested, may be there is a part of our solution....
Hi,

I made an EA to test this.
Just this kind of indicator is not enough at low TF.

See graph below.
I will see how i/we can improve.
Used volume of 0.01 and went for 25 USD as profit, let say about 250 pips.
TF=M5

At a certain moment the number of trades increased dramatically up to over 200.
The contra trade has high volume and gave mostly a loss.
We must be aware that if the direction changes and we open a contra trade, these contra trades are no quarantee for profit.


Attached Image (click to enlarge)
Click to Enlarge Name: BB_01.png Size: 104 KB


So went to higher TF,
Pictures below is TF=H1, with volumes 0.01, 0.1 and 0.25.

Attached Image (click to enlarge)
Click to Enlarge Name: BB_02.png Size: 114 KB


Very low DD, so increased volume to 0.1.



Attached Image (click to enlarge)
Click to Enlarge Name: BB_03.png Size: 116 KB


DD still acceptable, so increased volume to 0.25


Attached Image (click to enlarge)
Click to Enlarge Name: BB_04.png Size: 114 KB


Max open trades 6. Profit target 1% from Balance.

Testing over longer time period and then if price goes to long in one direction, it goes wrong!!!!!!!!!!!!!!!!!
Some work to do.

BR
It is not important how often you fall down, but how often you get up again
  • #372
  • Nov 23, 2018 5:50pm Nov 23, 2018 5:50pm
are you able to share the EA please?
  • #373
  • Nov 26, 2018 12:35am Nov 26, 2018 12:35am
Hi All.

Every now and then i have an unbeatable idee. The GRAIL!
Than i start progamming (sometimes systems having several EA's in it and Dashboards etc .....
Up to now there was always the Black Swan!
So it made me humble and carefull.
But the GRAIL's keeps comming and to be honest, they make the forex worthwhile.
The newest has to do with this thread. Not the Martingale part, but the grid and hedging.
What is 100% hedging=no risk?
For every Buy you take a Sell. No risk but also no profit. In fact you loose spreads commissions an swap.

So what as one only accepts a limited disbalance between Buy and Sell?

From the moment i have X (say 10) Buy's against me (down trend) i hedge every Buy by an equal Sell.
And as long as i have more Buy's as Sell's, i dont take profit on Sell's.

Then the Trend goes up and i close my Buy's. Until i have the same number Buy and Sell. Some of the Sells (maybe a lot), still have profit and are also closed with profit.

So i do not have to think when and how to hedge, i am hedged by definition.
This means there can grow a lot of trades. Depending on the Grid Step. But then it is possible to close (evt by hand) some loosing Buy's against profitting Sells.

I hope i made myself a bit clear.

Btw i have the EA on EU running and keep you informed.

Regards Piet C.
  • #374
  • Nov 26, 2018 1:00am Nov 26, 2018 1:00am
Quoting Merka
{quote} If so you found the holy grail. My compliments to you. I did't still found a solution to my problems
It increasingly looks like so.
But I've always said that one must maintain a healthy respect for his own ignorance.
Therefore if the market happens to alter just like climate does and I should be ready to marginally alter my rabbit accordingly.
All things being equal I will put up the other account on myfxbook for us to see
  • #375
  • Nov 26, 2018 1:03am Nov 26, 2018 1:03am
Quoting Merka
{quote} Would you mind to share with us this solution that reduce so heavily the DD? Obviously if it's not secret
Honestly, I already have a website where I half teach my strategy (only teach the Martingale and point out its inherent flaws, then show my own results, and move on to sell fund management services.

I think an EA that does very well should not be sold.
  • #376
  • Nov 26, 2018 2:48am Nov 26, 2018 2:48am
Quoting Dafiri
{quote} Honestly, I already have a website where I half teach my strategy (only teach the Martingale and point out its inherent flaws, then show my own results, and move on to sell fund management services. I think an EA that does very well should not be sold.
Than all the best for your future commercial activities.
Cheers
  • #377
  • Nov 26, 2018 4:40am Nov 26, 2018 4:40am
Quoting lenanard
Hi alls Kashif Regarding « part of the solution is to grow the equity. Example equity departure 1000 and equity target = equity departure + X$ or %” In fact when you want to put a take profit you can use : A take profit in pips Or a take profit in money. With common martingale system, traders used take profit in pips. With the strategy I posted, strategy needs a take profit in money. It is due to the evolution of, first the equity and seconds the balance. For example : First trade is a Buy trade. At the open of the trade, I want win 5$. So if my...
Hi
Maybe could you open a thread with this strategy ?
  • #378
  • Nov 26, 2018 8:42am Nov 26, 2018 8:42am
Quoting T4Trade
{quote} how about using the news filter in the EA?
No, it shows that too less trades are being taken with news filter, and therefore the growth is not high enough.
  • #379
  • Nov 27, 2018 5:59am Nov 27, 2018 5:59am
Quoting Fx-Gamer
Hi guys, read some of your opintions about martingale, and it's very interesting. You may know a special grid EA from mql market (I don't want to name it in public, but it is on top of all rangs) and there are some people running it for several months now. There is a special thread for it, just google 'grid hero (or king) traders come here', we even counted a grid step of 19 on 1h already... (or let 3 EAs run on one account, which is quite impressive). {image}
Thanks for sharing and your thoughts, I have visited that page. Yes, it has great reviews so far and seems impressive product. The one who bought it already can share with us, how this EA defends a spike of 800+ or 1000+ pips with low deposits of 3000$
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  • #380
  • Nov 27, 2018 6:09am Nov 27, 2018 6:09am
Quoting KeceFx
{quote} Hi, Thank you KashifNawaz for sharing this EA and coder Ezios to improve the source code. I attach this EA to demo account, and after several OP (single OP and martingale OP), i found that those OP close with different TP pips, even I set this EA with TakeProft (Pips) same number i.e 10 pips. I think that because of a waiting time to execute the order from the EA to broker server and this EA use hidden TP. Dear Ezios, may I suggest to make a "hard" TP (a real TP) for for every OP this EA ? Could you kindly make some improvement code for...
Yes, I mentioned earlier that this 1st version of GWF is skipping trades and also TP levels on real account. Maybe some programmer can spot these bugs. Engine 1 of this EA should work exactly same like Quanntec EA (demo file attached here). Although Quanttec don't offer all parameters (TP$ and multiplier control etc) functionality and strategy should be exactly same.
Attached File(s)
File Type: ex4 #Quanttec.ex4   35 KB | 675 downloads
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