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Little Martingale EA

  • #601
  • Edited Oct 2, 2017 1:45am Oct 1, 2017 11:47pm | Edited Oct 2, 2017 1:45am
Quoting bmcgowra
{quote} Ok, I understand. Makes sense.. :-)
Now i checked and my equity is 900 euros above initial equity which is good but until the positions are closed you never know : it may go much better or go much worse .but now for example the total quantity of trades open is 0.61 lots At a certain point it was almost 2 lots



Edit: i was able to close one more trade at small loss now my total lots floating are 0.58 and my equity above initial equity is 1030 euros

i will withdraw now to a sub account 500 euros because its over 5000 (5500)

when sub account (not trading) has a minimum of 1000 euros i will withdraw to bank
  • #602
  • Oct 2, 2017 7:18pm Oct 2, 2017 7:18pm
i just noticed when EA takes a 0.27 lot trade price has to retrace almost 200 pips for the EA to close other trades and take a profit of 5 $
  • #603
  • Oct 3, 2017 5:25am Oct 3, 2017 5:25am
Hi Luca, I am from Rome. Would you just let me know if you have a moment if this, and maybe set otherwise, could work well with the indexes? Thank you very much and have a nice day.
  • #604
  • Oct 5, 2017 2:50am Oct 5, 2017 2:50am
Quoting borex3
Hi Luca, I am from Rome. Would you just let me know if you have a moment if this, and maybe set otherwise, could work well with the indexes? Thank you very much and have a nice day.

didn't see your message notice of reply here, sorry. I can't answer your question but you should try if you have a broker that trades with indexes on mt4 . place the EA on demo and see it acting. Good Luck, buona fortuna. try with a few indexes, not only one and put a balance of 5000 euros

here im using 850 euro \pair on average in balance, example 6 forex pairs minimum balance 5000 , thats 833 euro \ pair- ideal would be 1000 or more per pair though

Ciao
  • #605
  • Oct 5, 2017 3:47am Oct 5, 2017 3:47am
Quoting luca1073
{quote} didn't see your message notice of reply here, sorry. I can't answer your question but you should try if you have a broker that trades with indexes on mt4 . place the EA on demo and see it acting. Good Luck, buona fortuna. try with a few indexes, not only one and put a balance of 5000 euros here im using 850 euro \pair on average in balance, example 6 forex pairs minimum balance 5000 , thats 833 euro \ pair- ideal would be 1000 or more per pair though Ciao
For 850 euro \pair. Can i know how much is your ROI and for how many month. What lot size r you running and how many stage MG level you will go for DD
  • #606
  • Edited 5:52am Oct 5, 2017 5:13am | Edited 5:52am
Quoting comeback2000
{quote} For 850 euro \pair. Can i know how much is your ROI and for how many month. What lot size r you running and how many stage MG level you will go for DD

With 6 pairs you could make around 1000 euros a month or more, also a bit less but most likey around 1000. Estimate DD if you dont make the mistakes that i did by
touching the EA you could have a total DD of 40% from new balance (from original balance maybe 30%)
this is an estimate and there is no guarantee. you should withdraw profits when it reaches a certain amount ( i would do it at 1000 euros(or in pieces) to a sub account and then bank). I ve been testing this on demo for 4 months and live for 2 . I will restart live with a few pairs, maybe on monday . I want to go back to 6 pairs but im not sure about gbp/usd

i start with first level at 0.02 i use default at spaces of 50 pips(500 pipettes) the first 5 orders and then 100 pips (1000 pipettes) for order 6 and then all the others at 200 pips (2000 pipettes). multiplier is 1.5
in my opinion with 6 pairs you should always have 5000 euros in balance (or equity) rolling and never to withdraw to sub account if equity is below 5000. every excess of 5000 in equity you could withdraw. this is for a standard account 1:100 in leverage and 6 pairs

for those following me on my fxbook today EA is not on now i'm closing some old trades and i had a few losses today but my profit banked is still 1966 euros but i have to close all the remaining old trades soon.

i still have a total of 0.32 lot total trades to go
  • #607
  • Oct 6, 2017 6:08am Oct 6, 2017 6:08am
Finally closed all my old forgotten trades of the old live test where i had made mistakes. i could have waited more but it would have been a risk and i wanted to restart fresh probably next week. my earnings reduced of course to a total of 1475 euros (from the highest in this test of 2305 eur) . i will withdraw to bank almost 1000 eur and keep 5000 for trading next week.

next week i will restart\reset myfxbook from next monday date. because during the last weeks there was no EA trading there so the stats would be unreal

link for myfxbook with the old data . notice the last days are all in red. i was just closing bad trades. this same link can be used for next week new live trading follow up

https://www.myfxbook.com/portfolio/mt4-975888/2173946





its worth a note to say that the demo test that was never touched or switched off and i never interfered , started only 3 days later, is still ongoing with a profit of 3259 euros

link for myfxbook of the demo test:

https://www.myfxbook.com/portfolio/mt4-2086501/2205656

initial balance\equity 5300
actual balance 8559
actual equity 7198
  • #608
  • Oct 9, 2017 5:21am Oct 9, 2017 5:21am
Live Trading resumed, same pairs at the end, same EA , v1.4

this myfxbook link data below restarted\refreshed from today. ( 5 hours ago)

https://www.myfxbook.com/members/luc...975888/2173946

i will not touch it.

now it cashed 10 euros and has only - 11 euros in floating trades....ahhhh if it was always like this
  • #609
  • Edited 2:35am Oct 10, 2017 2:24am | Edited 2:35am
so far the EA is functioning correctly(V1.4) with this new live trading test, no double trades have been taken . also vps is a bit faster (better version of amazon aws vps and still free _subscribed again to a fresh new one valid for 12 months eheh)

market has ranged these last couple of days. this is the optimal condition for this EA

i realized i had posted previously in other earlier posts the wrong links for my demo and real accounts tests for this EA

these are the right links:

live test (data is very new . it has been reset recently for some reasons explained in other posts but still it went well in past and in profit)

https://www.myfxbook.com/members/luc...975888/2173946


demo test:

https://www.myfxbook.com/members/luc...086501/2205656


here you have much more data available with almost 3 trading months non stop (24 hs a day)
  • #610
  • Oct 10, 2017 5:20am Oct 10, 2017 5:20am
Quoting luca1073
so far the EA is functioning correctly(V1.4) with this new live trading test, no double trades have been taken . also vps is a bit faster (better version of amazon aws vps and still free _subscribed again to a fresh new one valid for 12 months eheh) market has ranged these last couple of days. this is the optimal condition for this EA i realized i had posted previously in other earlier posts the wrong links for my demo and real accounts tests for this EA these are the right links: live test (data is very new . it has been reset recently for some...

How you get the free VPS from my country they r not offering free. Can i know you r from which country
  • #611
  • Oct 10, 2017 6:16am Oct 10, 2017 6:16am
Quoting comeback2000
{quote} How you get the free VPS from my country they r not offering free. Can i know you r from which country
im from europe. you need a credit card to register even if you will not be charged for the first 12 months. then before expiration you can cancel it

https://aws.amazon.com
  • #612
  • Oct 10, 2017 5:29pm Oct 10, 2017 5:29pm
I would like to know the best currency pairs to use with this EA.
  • #613
  • Oct 11, 2017 5:29am Oct 11, 2017 5:29am
Quoting josemaramori
I would like to know the best currency pairs to use with this EA.

thats the 1 million $ question lol....im using 6 pairs but not necessarily the best (or the worst ones). don' t use gbp\jpy (that easily can move 200 pips in ond day lol)

the best would be to find ranging pairs with a relatively low spread. saying that a pair is "a ranger" is often misleading. look at what happened to eur\chf in january 2015
  • #614
  • Oct 11, 2017 1:50pm Oct 11, 2017 1:50pm
In setting space 2 order Ea open 99 orders ??
Attached Image
  • #615
  • Edited 3:53pm Oct 11, 2017 2:31pm | Edited 3:53pm
Quoting alibati
In setting space 2 order Ea open 99 orders ?? {image}

No it means that the next 99 trades will be taken at 200 pips from previous. 99 is an extreme number put there just like that. It
means nothing. Unless you have a trillion $
in balance i suspect you will not make it to
trade 99 lol
  • #616
  • Oct 16, 2017 12:37am Oct 16, 2017 12:37am
I've also started a couple of test (this time on demo) with different pairs that have the reputation to be more ranging. about these two tests will let them run for at least a month to see if there is a difference in profit and drawdown (probably there is) and how spread can affect results
  • #617
  • Oct 16, 2017 1:13am Oct 16, 2017 1:13am
I am running live account last 2 month there was no ranging i was always make Small profit and trend moves in few candle more the 200$ DD. And there is no retracement. I need to stop the martingale wait for the retrace but it move in opp direction. Yes i am planning to do anti-martingale small loss more profit.

Any one having experience in live account pls share your feedback
  • #618
  • Oct 16, 2017 3:13am Oct 16, 2017 3:13am
Quoting comeback2000
I am running live account last 2 month there was no ranging i was always make Small profit and trend moves in few candle more the 200$ DD. And there is no retracement. I need to stop the martingale wait for the retrace but it move in opp direction. Yes i am planning to do anti-martingale small loss more profit. Any one having experience
in live account pls share your
feedback
whats your deposit or capital? If its 1000$ and you re using 1 pair 200$ feels a lot but its not doom yet.... If you have account at 3000$ , 200$ DD is nothing , if you have 5000$ and using 6 pairs 200$ DD is peanuts, trust me

whats your account total in $ and how many pairs are you using and what are your settings?
  • #619
  • Oct 16, 2017 3:27am Oct 16, 2017 3:27am
Quoting luca1073
{quote} whats your deposit or capital? If its 1000$ and you re using 1 pair 200$ feels a lot but its not doom yet.... If you have account at 3000$ , 200$ DD is nothing , if you have 5000$ and using 6 pairs 200$ DD is peanuts, trust me whats your account total in $ and how many pairs are you using and what are your settings?

I have two account both i am using cent live from XM and FBS.

XM=400$ Opening Balance
Account DD went 500$ when i was having profit of 300$ now i have 45$ profit with 120$ DD with two pairs active (GBPUSD ,EURGBP)


FBS=550$ Opening Balance
Now i have 120$ profit and DD was 440$. Open postion on three pair (EURUSD , EURAUD) opend by EA (AUDJPY) was manual
  • #620
  • Oct 16, 2017 3:33am Oct 16, 2017 3:33am
Quoting comeback2000
{quote} I have two account both i am using cent live from XM and FBS. XM=400$ Opening Balance Account DD went 500$ when i was having profit of 300$ now i have 45$ profit with 120$ DD with two pairs active (GBPUSD ,EURGBP) FBS=550$ Opening Balance Now i have 120$ profit and DD was 440$. Open postion on three pair (EURUSD , EURAUD) opend by EA (AUDJPY) was
manual
even if its cent account (basically 400$ cent account are you risking only 4$??) or its a real 400$ and you have more in cent account. Im not familiar with cebt accounts but i think it will add two zeros right?

anyway cent or not 400$ is not enough IMO , minimum should be 800$/1000 $ per pair

what are your settings?
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