What do you think about this result? | Forex Factory

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What do you think about this result?

  • #1
  • First Post: Dec 3, 2017 6:06am Dec 3, 2017 6:06am
Deposit 1000 USD...and profit 9000 USD in 6 months.
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  • #2
  • Dec 3, 2017 6:22am Dec 3, 2017 6:22am
Quoting iqreader
Deposit 1000 USD...and profit 9000 USD in 6 months. {image}
Doable in real life, balance graph looks legit (but then everything on a graph can look legit
  • #3
  • Dec 3, 2017 6:26am Dec 3, 2017 6:26am
It doesn't crash. This is actually Martingale ea but I have set SL.
  • #4
  • Dec 3, 2017 6:28am Dec 3, 2017 6:28am
Does not look like typical martingale... unless you do some tricks with money management and don't show your equity...
  • #5
  • Dec 3, 2017 6:32am Dec 3, 2017 6:32am
Only two times it reached to the SL level.. I deposited 2000 USD in previous test. Two times reached to the SL. but still overall I got very good result. 9000 USD.
  • #6
  • Dec 3, 2017 6:33am Dec 3, 2017 6:33am
I will share ea. Keep in touch. I am testing it..
  • #7
  • Dec 3, 2017 6:36am Dec 3, 2017 6:36am
Yes I have set SL level.
  • #8
  • Dec 3, 2017 6:36am Dec 3, 2017 6:36am
On that graph you have at least 3 times when this ea reached 4 times stop loss in a row

Also I do not see any typical martingale spikes down in equity...

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  • #9
  • Dec 3, 2017 6:39am Dec 3, 2017 6:39am
No. These are not SL level that I have set. This was my second test. In this test it doesn't reached at the SL level. It is just a normal loss because it is martingale system.
  • #10
  • Dec 3, 2017 6:42am Dec 3, 2017 6:42am
Quoting jdieieh
Also I do not see any typical martingale spikes down in equity... {image}
When you close multiple orders:

1/ If the losers are closed first then winners, the equity spike is down.

2/ If the winners are closed first then losers, the equity spike is up.

But the end point of the closure is the same.
MT4/MT5 EAs/Indicators/Alerts coder
  • #11
  • Dec 3, 2017 6:44am Dec 3, 2017 6:44am
Yes you are right. But these spikes have very normal loss.
  • #12
  • Dec 3, 2017 6:54am Dec 3, 2017 6:54am
Quoting iqreader
Yes you are right. But these spikes have very normal loss.
Oh, so you keep multiple positions open and "kind of average" into profit?

PS: apparently this topic attracts a lot of viewers, good title
  • #13
  • Dec 3, 2017 7:45am Dec 3, 2017 7:45am
I am testing again. I hope it will again get good result. I will post result and the ea as well.
  • #14
  • Jul 22, 2018 9:12am Jul 22, 2018 9:12am
Quoting iqreader
Deposit 1000 USD...and profit 9000 USD in 6 months. {image}
May I know your current status actually? I mean, on this trading account, curious to know actually.
  • #15
  • Jul 23, 2018 2:32am Jul 23, 2018 2:32am
May i know the whole test result? including maximum drawdown and risk when trade using this EA.
  • #16
  • Jul 23, 2018 7:32am Jul 23, 2018 7:32am
Whoa. Interesting EA results.
Do more of what works and less of what doesn't.
  • #17
  • Jul 25, 2018 2:13am Jul 25, 2018 2:13am
If you get high return, from putting up with insane amount of risk, it is terrible trading.
'For the market to work, it needs people who think that they can beat it.'
  • #18
  • Jul 26, 2018 1:30am Jul 26, 2018 1:30am
Quoting iqreader
Deposit 1000 USD...and profit 9000 USD in 6 months. {image}
What was your risk reward ratio? Then, I’ll rate your trading system.
  • #19
  • Apr 12, 2019 5:40am Apr 12, 2019 5:40am
actually , i always try to manage my risk ratio for avoiding risk and unfortunate losses , but during news i cant maintain my risk ratio , for that reason i closed trading in news session.
  • #20
  • Apr 14, 2019 4:47am Apr 14, 2019 4:47am
That's a good result, as for me. Do you keep getting the same numbers now?
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