Success with Martingale & Hedge - Possible? | Page 24 | Forex Factory

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Success with Martingale & Hedge - Possible?

  • #461
  • May 4, 2019 11:41am May 4, 2019 11:41am
Quoting hbm
{quote} how about EA in first page ? that not working well ? i must contribute in testing the first page EA, or this brand new EA ?
for now, you can ignore the EA shared in first page. We already tested, its good but not margin call proof. It can give you good earning with safe setting but one day, it will crash. No doubt.

Here we are discussing the test versions shared on this page # 23.

Quoting CactusFund
Promising EA, is there an up to date MyFxBook link? The one on the first page is not working
No friend, fow now, no grid EA is live on myfxbook. Will update in first post once we will have such. So far only testing and revisions are going on

Quoting trancemitter
{quote} What if instead of opening trades in both directions you open orders only according to the market direction? You send a buy order if the market goes up 1 level and send a sell order when the market goes down 1 level (keeping the same sizes as in your example). So for example you open a buy position but the market goes against you for 3 levels (3x10 pips if you set the grid spacing at 10 pips) so you'll have one buy and 3 sells, by now you should be in profit and close all trades. The more complex moves would be down 2 levels, up 1 level...
thanks for the suggestion. Yes, entry level filters can make martingale more safe compare to 24 x 5 running.
The example you give, its almost same shared in last test version 22.06 shared on page # 23 (except first single entry, it has double entry from start). It take place martingale entry at every 20 pips but anti-martingale at every 60 pips. So more room for retracement. Still not safe enough to avoid spike of 500+ pips
.................
  • #462
  • May 4, 2019 1:17pm May 4, 2019 1:17pm
Hi Kashif
thank you for your contribution

I'm testing this EA since the first version ... but unfortunately; it didn't work with me yet.
you can check the attached report ... the account is blowing at 08 Aug 2008 / EURUSD / H1 / your setting
Note (just remove the ".pdf" extinsion
Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester 22.6.gif Size: 9 KB
Attached File(s)
File Type: pdf StrategyTester 22.6.pdf   2.4 MB | 533 downloads
  • #463
  • May 4, 2019 1:23pm May 4, 2019 1:23pm
Quoting Muaiad
Hi Kashif thank you for your contribution I'm testing this EA since the first version ... but unfortunately; it didn't work with me yet. you can check the attached report ... the account is blowing at 08 Aug 2008 / EURUSD / H1 / your setting Note (just remove the ".pdf" extinsion {image} {image}
Which version you tested? 22.06? 26.01? Or one in first post?
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  • #464
  • May 4, 2019 6:01pm May 4, 2019 6:01pm
Quoting KashifNawaz
{quote} Which version you tested? 22.06? 26.01? Or one in first post?
22.06
with attached setting
  • #465
  • May 5, 2019 3:27am May 5, 2019 3:27am
martingale can give money if you have a good statitisc on chart. otherwise you will lose!! random martingale = loose.
  • #466
  • May 5, 2019 5:01am May 5, 2019 5:01am
What time period do you use? 1H OR 30MIN
  • #467
  • May 7, 2019 5:36am May 7, 2019 5:36am
Hi Kashif
what do think about the ea open new order if the directions getting reverse more than 100 pips
Or active the SL ?
Attached Image (click to enlarge)
Click to Enlarge Name: test 1.png Size: 69 KB
  • #468
  • Edited 9:00am May 10, 2019 6:55am | Edited 9:00am
Quoting KashifNawaz
{quote} Which version you tested? 22.06? 26.01? Or one in first post?
Hi @KashifNawaz,

I've been trying several settings, but it seems the grid multiplier crashes after lot is higer than 0.1 and then it jumps to attempt openning trades for the "Maximum Lot Size" setting.
I tested with different currencies and brokers and the issue repeats, pls check the attached screenshot and txt is a set file because FXfactory disallow set files.
PS: It is the original EA, the only modification I made to your script is "OrderSend allow color" to draw entries and exits on the chart
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2019-05-10 05-53-38.png Size: 97 KB
Attached File(s)
File Type: txt usdcadm1.txt   < 1 KB | 338 downloads
  • #469
  • Edited May 12, 2019 12:31am May 11, 2019 3:06am | Edited May 12, 2019 12:31am
It is very important to run robustness test, not just the backtest. There you will see just the over-optimization. I like to use Monte Carlo with all my EAs to test with variable parameters and randomize backtest starting bar. If the test are profitable, then I use the EA.
  • #470
  • Edited 1:23pm May 13, 2019 12:54pm | Edited 1:23pm
Quoting lukeit
martingale can give money if you have a good statitisc on chart. otherwise you will lose!! random martingale = loose.
I think the same, martingale=gambling but smart_gambling=consistent_profit based on statistics
Inserted Video


My approach is to withdraw weekly to get the ROI as fast as possible, then continue managing earnings made by previous earnings, then even if an account gets blown away you have received enough to set up a new account with the profits and repeat. I've attached an fwd test of the first EA running in my server for a couple of weeks, 80% profit 30%DD, Actually it started in Apr29, the previous weeks of forward-testing on the same account was done by an EA made by a seasoned developer, you can see his poor performance in comparison with Kashif's EA.


Quoting KashifNawaz
Here is the Test_version of Grid Idea 1 (Profit from Anti-Martingale - Losses from Martingale = Net TP) coded by Emonts. You may try various settings to get better results. Testing speed will be slow because EA always keep counting profit from closed trades. If anyone wants to share his ideas to make it safer then most welcome. {file} {file}
In my opinion the first post EA has huge potential and I've forward tested several settings especially because there's source code and one can tweak it a bit in case of required, could you share mq4 of the second EA? I would perform exhaustive back and fwd test and check its efficiency and if it has no errors before considering going live because as you could see on my previous post, the first EA got unexpected behavior.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 52 KB
  • #471
  • Edited 2:29am May 14, 2019 2:17am | Edited 2:29am
Quoting KashifNawaz
{quote} Yes please, most welcome to share grid based EA which showed results in past. Additional parameters give more control; the shared in post 451 has many considerable parameters. {quote} Means we should wait for the right time and then enable the EA? In this way, we will get our defined range once in a week maybe (considering 30 pips grid) {quote} Luck is most important ingredient in every martingale EA; we are trying to remove this. After 10-12 levels, I did fully hedge manually many times but ultimately lost lot due to intervention of human...
Sorry for delay only just found an old version that still works, no source code (but would still need re coding anyway because coded before build 600)

The EA is over 7 years old and uses S1 as a lost leader so very low Lot size.

I have done a couple of BT's to see if it still works and to be honest I have forgotten what some of the parameters do.

BT 1 and Set file use S1 with the Slap parameters
BT 2 and Set file use S1 with the S2 grid

S1 is constantly opening trades and is a feed for S2, so you can let S1 go say 50 pips into DD for that to be a trigger for the S2 grid to start.

The S2 grid comes with 50 individual grid setting which allow the first part of the grid to be used to try and get out of a trade(s) within so many new trades being opened and after that you can use it like a Swing trading grid where you have larger distances between trades and wait for the market to retrace.

I have just loaded a screenshot of the BT (too many trades to upload full report) and the Set files aren't an accepted file type on FF (which is strange considering their a Forex Forum) so hopefully you will see the settings from the BT in each screenshot.

The EA can Hedge but you will need to watch these settings in visual mode to see what they are doing.

If anyone comes up with some setting that work well then please share.

Hopefully this will give you some ideas for the one that you are coding.

Regards

RT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD H1 Old Terminator.JPG Size: 301 KB
Click to Enlarge Name: GBPUSD H1 Old Terminator S2 Grid BT.JPG Size: 297 KB
Attached File(s)
File Type: ex4 Terminator.EA.v2.1.1.ex4   108 KB | 834 downloads
Some people say I'm lucky, but the more I practice the luckier I get
  • #472
  • May 14, 2019 4:42am May 14, 2019 4:42am
Quoting KashifNawaz
{quote} Yes please, most welcome to share grid based EA which showed results in past. Additional parameters give more control; the shared in post 451 has many considerable parameters. {quote} Means we should wait for the right time and then enable the EA? In this way, we will get our defined range once in a week maybe (considering 30 pips grid) {quote} Luck is most important ingredient in every martingale EA; we are trying to remove this. After 10-12 levels, I did fully hedge manually many times but ultimately lost lot due to intervention of human...
Just did a further BT GBPUSD with the same Scalp settings but increased the Scalp Lot size this time it increased the account by over 600% in the past year (not a good year for GBP) and it still only had just over 4% DD.

Not Bad

Regards

RT
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H1 Old Terminator with larger Lot size.JPG Size: 293 KB
Some people say I'm lucky, but the more I practice the luckier I get
  • #473
  • May 14, 2019 5:06am May 14, 2019 5:06am
Quoting Robot Trader
{quote} Just did a further BT GBPUSD with the same Scalp settings but increased the Scalp Lot size this time it increased the account by over 600% in the past year (not a good year for GBP) and it still only had just over 4% DD. Not Bad Regards RT {image}
Good results but maybe was a lucky year.
To have a bit more realistic performance expectancy from EA is necessary to test over 5 or 10 years so you can see all market fluctuations.
Cheers
  • #474
  • May 14, 2019 5:21am May 14, 2019 5:21am
Quoting Merka
{quote} Good results but maybe was a lucky year. To have a bit more realistic performance expectancy from EA is necessary to test over 5 or 10 years so you can see all market fluctuations. Cheers
There are a few things that Strategy Tester does not pickup on.

1) Spread widening.
2) Slippage due to orders not being filled on a live account.

Going back 5 to 10 years is never the same as forward testing and you start to curve fit the results (to fit the years), this was just a quick BT to see if the EA was still working nothing more than that.
Some people say I'm lucky, but the more I practice the luckier I get
  • #475
  • May 14, 2019 5:37am May 14, 2019 5:37am
Quoting Robot Trader
{quote} There are a few things that Strategy Tester does not pickup on. 1) Spread widening. 2) Slippage due to orders not being filled on a live account. Going back 5 to 10 years is never the same as forward testing and you start to curve fit the results (to fit the years), this was just a quick BT to see if the EA was still working nothing more than that.
Wrong! This is only valid for the free tester that Metatrader 4 comes with.

You can enhance it by having slippage simulation (which can exceed realistic values) and variable spreads based on true data.
  • #476
  • May 14, 2019 5:53am May 14, 2019 5:53am
Quoting Drolph
{quote} Wrong! This is only valid for the free tester that Metatrader 4 comes with. You can enhance it by having slippage simulation (which can exceed realistic values) and variable spreads based on true data.
Not wrong when using MT4 history provided by Broker.

Many Traders use Birt

https://eareview.net/

or download direct from Dukascopy Bank

But again this was just a quick BT to see if the EA was still working.
Some people say I'm lucky, but the more I practice the luckier I get
  • #477
  • May 14, 2019 6:39am May 14, 2019 6:39am
Quoting Robot Trader
{quote} There are a few things that Strategy Tester does not pickup on. 1) Spread widening. 2) Slippage due to orders not being filled on a live account. Going back 5 to 10 years is never the same as forward testing and you start to curve fit the results (to fit the years), this was just a quick BT to see if the EA was still working nothing more than that.
Understood
Thanks
  • #478
  • May 14, 2019 8:27am May 14, 2019 8:27am
Quoting Robot Trader
{quote} Just did a further BT GBPUSD with the same Scalp settings but increased the Scalp Lot size this time it increased the account by over 600% in the past year (not a good year for GBP) and it still only had just over 4% DD. Not Bad Regards RT {image}
These settings?
Attached Image (click to enlarge)
Click to Enlarge Name: terminator_set.jpg Size: 61 KB


If these are the correct settings, then my chart is such
Attached Image (click to enlarge)
Click to Enlarge Name: terminator_graf.jpg Size: 63 KB


What's wrong?
  • #479
  • May 14, 2019 10:13pm May 14, 2019 10:13pm
Quoting Feex
{quote} These settings? {image} If these are the correct settings, then my chart is such {image} What's wrong?
I did the BT with another Broker and got similar results, so it must be something your end, can you please save the report and take a screenshot like the ones that I am posting this might provide more information.
Attached Image (click to enlarge)
Click to Enlarge Name: 10K BT GBPUSD.PNG Size: 137 KB
Some people say I'm lucky, but the more I practice the luckier I get
  • #480
  • May 15, 2019 12:40am May 15, 2019 12:40am
i found a good hedge ea at myfxbook
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 29 KB
Attached File(s)
File Type: ex4 ...............ex4   15 KB | 893 downloads
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