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Little Martingale EA

  • #421
  • Jul 1, 2017 9:10am Jul 1, 2017 9:10am
Quoting lele27
For Luca I'm using the latest version v1.12 ECN Account Pepperstone Razor demo initial equity 500,00 The test was not very professional, actually I used two EAs, I left the MT4 only 7 days 24h on my computer (from 19/07 to 27/07), while the rest of the time I left the MT4 in the evening. For this reason some trades were manually closed even in loss. The TF was 1 minute for UnNomGuai, for the other EA at 1 hour. Set as unchanged. Next after EURSD I also put a chart on GPBUSD. All was to understand how equity and DD behaved. On Thursday (it seems...

Hi Lele, i guess you re Italian Like me (guessed also from your mt4 statement note "profitto") but we ll keep speaking English seen that this forum is in English. 500 euros is too little for this EA and especially for v.12 (and even more if you left default settings at 100 pipettes) margin call is assured......

and thursday and friday was simply crazy. one of the worst days of the year for any martingale strategy unfortunately

trends up up up or down down with no retracement.

even so your statement has something wrong, dont know what it is even if you explained about the other EA. my advice is to use one EA per platform so you dont get confused with the results

Grazie e Ciao!
  • #422
  • Jul 1, 2017 9:34am Jul 1, 2017 9:34am
Yes Italian
I agree with everything, so I created a "chaos" system (with TF 1 minute) not to see the profit, but to what extent would it show the signs of weakness and after adjusting a little at a time to have a stable system (As it may be a martingale).
If I'm going live I'll use a cent account for sure.
However, the bug is there, it should be understood by the EA creator if he has any idea why those open and closed orders.
Hello
  • #423
  • Jul 1, 2017 11:39am Jul 1, 2017 11:39am
Attached Image
what we want:1+1+1+1+1+1+1+1=8 what market delivers:1+2+8+7-4+0-5+8-4-5=8
  • #424
  • Jul 2, 2017 12:31pm Jul 2, 2017 12:31pm
Hi to all again,

I want to report something like a bug and a suggestion

The bug is: I have the usdjpy from Monday 26th where we have a big trend. The ea opened a 0.08 lot which is the fifth step of martinagle (I use the version 1.14) When the trend stopped from up and make a movement down the ea closed with profits only the trades 0.08 and 0.05 where I think it should wait and close all sells together.
Why this was happened.

The martinagle is a system that in theory you never loose. All depend on how big is your account. (for this reason I think we must use a cent account)
My suggestion is that the steps could remain as version 1.14 but chage the multiplier
The multiplier must double the lots, not just the previous step but all together.
In order to understand my logic here is the steps
1. 0.02 lots
2. 0.04 lots
3. 0.12 ((0.02+0.04)*2)
4. 0.36
5. 1.08

I think of this becouse you will only need a very small retrace. 10-15 pips where now you need over 50
I can not back test my theory as in this ea there is only a multiplier
When there is a big trend like lasts week on eur/usd the martinagles steps must close quickly in order not leave it go further and make new steps


In eur/usd that have it opened from last Monday 26th I have a dd of 300euros and I am in 6th step (0.12lot) which means around 350pips (5*50+100) up

I am jaild now in this and wait to drop more than 100pips

(I made a backtest this same week with bigger multiplier and the result is that all the trades would have been closed but I got 0.33 lots (2.5 multiplier)
  • #425
  • Jul 2, 2017 8:48pm Jul 2, 2017 8:48pm
If you re using version v1.4 and default settings 0.08 is 4 th step seen that first step is 0.02
i think EA closes trades only when trades cancel each other with a profit of 5 $
what you say about putting up stakes in te martingale sequence can be done just that the risks will multiply exponentially but its true that 15 pips retracement is better than - 50 pips one
  • #426
  • Jul 3, 2017 9:42am Jul 3, 2017 9:42am
for 50 pip steps you really need patience to see profits but it s a bit(or a lot) less risky than 10 pip steps. well for 10 pip step you need big capital for sure
  • #427
  • Jul 4, 2017 3:28am Jul 4, 2017 3:28am
Quoting luca1073
only problem? Ea has a BIG bug, a bug that I explained in other posts but that nobody here has commented on so I'm not sure if they ever noticed. i will repeat what the bug is about.:after having martingaled in sequence up to 0.12 (max lot taken by this version) it will take the next trade in the opposite direction of the martingale sequence (as if it was hedging) with 0.02 lot i dont know if this bug is the cause of success
Luca1073 if you have to work with "multiplier =???"
then you have to increase "spaceorders = 5;" for example on 10 or 15.
  • #428
  • Edited 6:34am Jul 4, 2017 5:47am | Edited 6:34am
Quoting StrongOnStab
{quote} Luca1073 if you have to work with "multiplier =???" then you have to increase "spaceorders = 5;" for example on 10 or 15.
no it was not a bug i had cleared it in another later post
  • #429
  • Edited 6:31am Jul 5, 2017 5:24am | Edited 6:31am
I'm not sure if Joan is still following this thread , if he s still on holiday, if he busted his account or whatever it is. I'm still interested about this EA. i tested it on demo and did 1000 euros on 6 pairs from a 1200 euros account in one month. then tried it on live account and since june 26 it made already 362 euros from a 2500 euros initial account. but at a certain point the DD was dangerously high, it reached - 900 euros . now its ok and 0.12 lot trades have also been closed. probably i shouldnt have started on 0.02 lots but i wanted to try to reproduce my demo test . one curiosity though: if i had started the live test with 1200 euros now it would have busted, so 2500 euros should be the real minimum and more than that much better. but last week was very trendy and very bad for any martingale strategy

this is not a cent account, its a normal account, ECN broker , 1:100 leverage

my test is on v1.4 default settings, no CCI option, 500 pipettes for the first 5 orders , first lot 0.02, 6 pairs
  • #430
  • Jul 5, 2017 12:47pm Jul 5, 2017 12:47pm
Quoting luca1073
I'm not sure if Joan is still following this thread , if he s still on holiday, if he busted his account or whatever it is. I'm still interested about this EA. i tested it on demo and did 1000 euros on 6 pairs from a 1200 euros account in one month. then tried it on live account and since june 26 it made already 362 euros from a 2500 euros initial account. but at a certain point the DD was dangerously high, it reached - 900 euros . now its ok and 0.12 lot trades have also been closed. probably i shouldnt have started on 0.02 lots but i wanted to...

Very good. I think you should keep the 0.02 lot because trades will close faster.
Which are the 6 pairs you chose?
I might go live as well next week.
I am thinking eurusd, usdchf and usdjpy

In my opinion you need at least 1000 euros for each pair you have

So 6 pair 6000

About Joan, i agree why he dont say anything.
Where did he go and does not have internet to say a word
  • #431
  • Edited 10:59pm Jul 5, 2017 5:43pm | Edited 10:59pm
Hi Zakgr,

your idea of having 6000 $ (1000 $ for every pair) seems definitely safer....the pairs that i chose are not the safest either for martingale because let's say they're not the typical ranging pairs lol but for example last week usd/jpy ranged a lot and ao aud/usd while the others trended a bit too much so you never know. This is an ECN broker (global prime australian) so all these pairs have very low spread (always less than 1 pip)
Gbp/usd might be the riskiest one for all the past flash crashes and the political situation there

my pairs so far have been:

eur/usd gbp/usd usd/cad usd/chf isd/jpy aud/usd
  • #432
  • Jul 5, 2017 11:07pm Jul 5, 2017 11:07pm
Quoting luca1073
Hi Zakgr, your idea of having 6000 $ (1000 $ for every pair seems definitely safer) the pairs i chose are not the safest either for martingale because lets say they re not the typical ranging pairs lol but for example last week usd/jpy ranged a lot and ao aud/usd while the others trended a bit too much so you never know. Gbp/usd might be the riskiest one for all the past flash crashes and the political situation there my pairs so far have been: eur/usd gbp/usd usd/cad usd/chf isd/jpy aud/usd
Try not to use any JPY pair.

Aside from the ones you use, try these pairs:
EURCHF
EURGBP
AUDCAD
AUDNZD
NZDCAD
  • #433
  • Jul 6, 2017 2:14am Jul 6, 2017 2:14am
Quoting kelvinyun
{quote} Try not to use any JPY pair. Aside from the ones you use, try these pairs: EURCHF EURGBP AUDCAD AUDNZD NZDCAD

thanks yes i put a demo test yesterday with 3 more pairs & more balance and there was also eur\chf and eur\gbp in the group. i think these days CAD pairs might be dangerous these days for the possible soon rate hike( interest rate decision in canada)and the oil price issue....
  • #434
  • Jul 6, 2017 8:54pm Jul 6, 2017 8:54pm
Hi joancb
I really like your EA
I have an idea: Use Trailing Stop - to maximize profits
Add the TrailingStopStep setting
If TrailingStopStep = 0.0, do not use Trailing Stop
If TrailingStop> 1, use Trailing Stop
-------------------------------------------------- --------
Use the following settings
Profit = 0.0
Globalprofit = 50.0
Pairglobalprofit = 0.0
TrailingStopStep = 5.0
When the globalprofit = 50, ready to begin to receive a single, the highest to 65, down 5,60 on all the single. The worst situation is 45 all received a single,
(Profit, globalprofit, pairglobalprofit, all three modes can be used)
-------------------------------------------------- --------
Steps to simplify:
1. 50 start 2. 65 highest 3. highest-5 4. 60 receipt

-------------------------------------------------- --------
Thanks again for your EA.
  • #435
  • Jul 8, 2017 10:00pm Jul 8, 2017 10:00pm
let me guess, the thread is dead because the author left...weird because he was always around before.....well it's like any other thread then, let's hope that the EA will stand out on top of the other EAs though

Thanks for the EA Joan. btw if your EA busted it's only normal if you re using 28 pairs, cent account or not
  • #436
  • Jul 9, 2017 3:48am Jul 9, 2017 3:48am
People are afraid to trade using martingale. The EA is good, but you have to be ready to ad money to your account in case of Margin Level is less then 2000. Or drawdown more then 50%. The friend of mine trades like this. He withdraw gaine constantly. Sometimes he busts
  • #437
  • Jul 9, 2017 4:05am Jul 9, 2017 4:05am
Quoting vitall
People are afraid to trade using martingale. The EA is good, but you have to be ready to ad money to your account in case of Margin Level is less then 2000. Or drawdown more then 50%. The friend of mine trades like this. He withdraw gaine constantly. Sometimes he busts
Yes i agree with you. I think you mean to deposit more money when margin is less than 200% because 2000% is very good IMO.
  • #438
  • Jul 9, 2017 6:42am Jul 9, 2017 6:42am
Quoting luca1073
{quote} Yes i agree with you. I think you mean to deposit more money when margin is less than 200% because 2000% is very good IMO.
I mean "Margin Level". You can see it on your terminal. Or use some indicator to see drawdown. Actualy, it is easy to determine it.
I have been trading by EA's with martingale system for years.If your profit 2-5% a month- it's safe trading.
  • #439
  • Jul 9, 2017 7:30am Jul 9, 2017 7:30am
Quoting vitall
{quote} I mean "Margin Level". You can see it on your terminal. Or use some indicator to see drawdown. Actualy, it is easy to determine it. I have been trading by EA's with martingale system for years.If your profit 2-5% a month- it's safe trading.

yes margin level in terminal is in %. that's good that it has been working for you. It is definitely encouraging
  • #440
  • Jul 9, 2017 8:24am Jul 9, 2017 8:24am
luca e lele contact me (sono italiano )
tgram @ gcrem74
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