List of Martingale Trading Systems

Anyone know how many types of Martingale strategy exist ? ( Just for academical purpose )

https://m.youtube.com/watch?v=pmoWg8L324w

There is two types of Martingale system one is normal Martingale and second one is Anti Martingale

Normal Martingale works well in side ways and Anti Martingale works in trend market

This is the one of good Martingale EA only suitable for side ways market test it demo only it won't work when market move as trend

This is one of good Anti grid EA used anti Martingale strategy not fully automated I think it's trade management EA who is interested in anti grid

The universal problem with martingales is that there are virtually never any currencies or markets that are exclusively fit for normal martingale, or anti-martingale. It's just chaos out there. Perhaps there are specific times of day when one kind of martingale is able to very profitable.

I know one way to use anti martingale is for currencies that are pegged, since governments want the price to return. Only issue is that the spread on those types of currencies are too large. For eg. EURCZK used to be pegged or floored whatever the term, it had huge spreads though. Unless anybody knows of a pegged currency that has low enough spread to trade?

I've tried Martingale since 2016. They only work when your profit target is in the 50 pips to 100 pips and the commission and spread has to be really thin.

Trending market. All time frame resides from consolidation or channel. Get them out or filter them and you are free from sideway market.

I'm still trying because I don't want to monitor market anymore. My goal is just to beat the bank. Which is like 3%.

Wiki has a pretty good definition. (https://en.wikipedia.org/wiki/Martingale_(probability_theory))





There are thousands of strategies that can be applied through a standard martingale betting sequence of doubling up after a loss and it's submartingale and supermartingale variants. They can be configured for any market condition such as trending markets using Martingale sequences of either a short or long nature or sideways congesting markets where each bet after a loss is doubled on an alternative basis from long to short.

In essence the term martingale refers to the betting nature of doubling up after a loss. The converse is an anti-martingale where you double up after a win. These variants have very different risk profiles.

Let me add some technical way to avoid loss in Martingale Trading is based on my experience

I trade Martingale within range ( daily range ) one of best indicator is Bollinger band to watch when market move over the range

If market move above or below range around 100 pips put the SL there and try again trading in range from next day