Can you share the setting files
Martingale, Anti-martingale, and Compounding 40 replies
Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply
Martingale Calculation EA (also reverse martingale) 3 replies
How to change this Martingale to Reverse Martingale ? 3 replies
Martingale vs. Non Martingale (Simplified RoR vs Profit) 1 reply
DislikedHi to all I use the ea as mentioned earlier I use default setting for version 1.4 but changed the lot from 1.5 to 2.5 in order the trades to close quickly. With this i only need around 25 pips retracment. I also use cci 14 periods. With the cci i filter bad trades and i have a bigger winning percentage The account is 2000 euros and i earn around 20€/day I only use eur/usd usd/chf eur/aud The biggest dd i have seen is around 500€ I am using these setting for 2 weeks and have earned around 200€ witout any anxious because bad trades are filtered with...Ignored
Disliked{quote} Since you have done only for 2 week and you seen 500$ DD that is very risk. I have chnage the setting to 2.5 LOT and CCI to 14 it went to almost 500$ DD in second trade itself. I dont think with this setting it will last Can i know how many pips you mange to retrenchment is it above 300 pips {image}Ignored
Dislikedthanks i will try this. Can you check my setting is there any thing i need to change. Currently i am getting only 6 to 10$ as profit i dont know why. I use to see it was moving to 300$ profit but TP closing @ 6 to 10$ only why? {image} {image}Ignored
Disliked{quote} When The profit is set to 5€ this means that when you have 5€ profit the trade will be closed. You get 6-10 profit because you use big lot Close this trade and start again with the settings and pair i told you I assume this account is a demo right?Ignored
Disliked{quote} Yes it is demo right now i need to test this setting for 2 week period. If all goes fine i will do on real R you running this EA 24/7 or running only on specific hour. R you running all three pair in same time. How you manage the SWAP. It is more the profit And on what chart r you running the EA is it on 5M or 1HIgnored
Disliked{quote} 24/7 all at the same time. I watch 1h Dont forget the cci to set at 14Ignored
Dislikedi will just give a quick update, i miss writing in this thread. as the person above said martingale is dangerous but so most forex trading even if you don't trade against the flow. part of the EA trades with the flow , the other part against. its an hedging martingale of some sort, or grid martingale at said number of pips decided by us as i said i had a big DD due to my mistakes of closing trades too early manually (and thus not respecting the grid) but at the moment i was able to close many trades because the USD had a big retracement. i plan...Ignored
Disliked{quote} So which version do you use? So you say you made 2260 balance and then blew up?Ignored
Disliked{quote} No, profit is still there. now its 2170 euro profit in balance . i disabled EA because i had closed trades beforehand and it was a grid mess and now im closing most trades manually when they get closed to breakeven, of course they may not come back but so far i ve closed almost half the trades at almost no loss compared to what it could be. but i still have a big floating loss due to gbp\usd but i may restart EA soon. i was using v1.4 but im analizying a test with v 11 and next time maybe go with that initial balance 4496 euros actual balance...Ignored
Disliked{quote} Ok, interesting. How do you decide to close the trades earlier? Manually?Ignored
Disliked{quote} ok this has nothing to do with the EA , i say it here but don't get confused. i have these floating trades , no EA ongoing.... these trades have no stop loss but have a tp at more or less breakeven. these days USD has been retracing consistenstly so what i did i waited until price gets to a good support (or resistance) and try to close an old trade if its at least close to breakeven (little loss). when all trades will be closed on at least 1-3 pairs i will restart the EA and monitor the other trades on the other pairs . infact if i started...Ignored
Disliked{quote} Ok, so you are scaling in to a Martingale position? Can you give an example? What I understood. A martingale position is open several and the trend is going the wrong direction. So you manually open trades at resistance points and make use of retracement? ?? I guess I am a little confused. :-)Ignored
Disliked{quote} ok i will try to make it simple eheh i have old trades going on opened by the EA time ago and due to my old mistakes they were not closed properly by the EA(due to my fault) when there was a retracement when i noticed drawdown was too big and there was likely to be a new retracement what j did was to disable the EA and hope that the price would come back to where it was. This is not a strategy but a guess or gambling its just to cut lossess . So basically when i see that my trades are back to the original price i dont wai for them to go...Ignored