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Attachments: New Martingale EA (logic like Mathtrader EA)
Exit Attachments

New Martingale EA (logic like Mathtrader EA)

Quoting edge0xc
Hello Guys, i was a bit disappointed, when Mathtraders EA (http://www.forexfactory.com/showthread.php?t=598198) stopped working, so i tried to program the logic of that EA by myself. So far, i am pretty happy and maybe with your support we can improve/implement new things. This EA is based on Martingale Strategy so i can happen, that you blow your account. Use with caution! Cheers Alex Small description: Inputs: TakeProfit: Takeprofit in €. Closes Order when Profit is reached. StopLoss: Closes all Orders when the Drawdown is bigger then...
very lovely ea. i used for pure martingale system i dont know about indicator just martigale method run it get good profit
Hi

I need some advice
are you keep it running next week? or better stop i and make sure trades are closed before the end of this week?

thanks
Ph,

by my experience, close what you can and forget it until the first week of January.
I paid dearly for not doing it 2 years ago (not with this EA, but a Marti anyway)

thanks Babaj
I will follow your advice

Patrick
Quoting edge0xc
Hello Guys, i was a bit disappointed, when Mathtraders EA (http://www.forexfactory.com/showthread.php?t=598198) stopped working, so i tried to program the logic of that EA by myself. So far, i am pretty happy and maybe with your support we can improve/implement new things. This EA is based on Martingale Strategy so i can happen, that you blow your account. Use with caution! Cheers Alex Small description: Inputs: TakeProfit: Takeprofit in €. Closes Order when Profit is reached. StopLoss: Closes all Orders when the Drawdown is bigger then...
Hi (Alex)edge0xc, thank you for providing this very good EA. Too bad that I am very late to know this thread. I am both fall in love and break my heart knowing that it has expiration date. Great work anyway. Please let me (and us) know how to still use it after 01.01.2018.
Quoting Phk
Hi I need some advice are you keep it running next week? or better stop i and make sure trades are closed before the end of this week? thanks
Martingale V3.5
From 10/23/2017 to 12/22/2017 "Stopped"

Merry Christmas and happy new year
Attached Image (click to enlarge)
Click to Enlarge Name: mart v3 5 .jpg Size: 253 KB
Hey,
it was a nice year for me EA and i hope for some of you too.

i updated the first post.

Cheers
Quoting edge0xc
Hey, it was a nice year for me EA and i hope for some of you too. i updated the first post. Cheers
dear Edge ,

what is the best set for 5 min

shall i keep it with defaults

i will demo 2 weeks then real test 2 weeks then we shall discuss

i saw too many positive response

please advice ,

regards ,
Quoting schizzo
{quote} Martingale V3.5 From 10/23/2017 to 12/22/2017 "Stopped" Merry Christmas and happy new year {image}
Hello schizzo ,

what was your set , would you please share the setup file
thanks Edge for all your work. Hope the next year will bring more good stuf for all of us!
Thanks for your work Edge. Nice EA.
Quoting edge0xc
Hey, it was a nice year for me EA and i hope for some of you too. i updated the first post. Cheers
great work edge! thank you so much!
Thank you very much, Alex. You are very kind. Have a happy year end holiday.
Quoting ghostbiker
a timeframe is a timeframe: M1 M5 M15 H1 and so on what is the difference between the timeframes you trade with a Grid Martingale EA ? what is the difference between currency pairs you trade pairs with a Grid Martingale EA ? what is the difference between the Grid size for different pairs ? if you will make a backtest you must inform you for this PAIR for Gridsize, Timeframe, Martingale
Does this EA restrict 1 entry only per Timebar? Its able to survive Brexit because it doesn't add additional buy entries all the way down. Is this how it works?
Happy New Year!!!

May I know what indicators and template to be attached to the chart for the EA to function...? Thanks
Happy new year !

question: what timeframe do you use for this EA and which pairs?

thanks
In backtests I often see "abandoned" "orphan" trades when the trend changes.

In other words: when there is a confirmed uptrend the EA does not seem to open any more SELL trades, what is an excellent feature.

However, the very last SELL trade lingers on forever - i.e. it seems to be "abandoned" by the EA - while multiple BUY trades are opened and closed.

I wonder if the very last SELL trade could be force closed in loss when the trend changes to BUY direction, and "vice versa", if the very last BUY trade could be force closed in loss when the trend changes to SELL direction.

Please see below screenshot for illustration.
Attached Image (click to enlarge)
Click to Enlarge Name: Abandoned trade.JPG Size: 452 KB
An alternative solution might be including BOTH Buy and Sell trades in the "Basket", so profitable Buy trades could "save" an "abandoned orphan" Sell trade when "Basket TP" conditions are fulfilled (and vice versa).
Quoting RoboSeer
An alternative solution might be including BOTH Buy and Sell trades in the "Basket", so profitable Buy trades could "save" an "abandoned orphan" Sell trade when "Basket TP" conditions are fulfilled (and vice versa).
what are your settings to check basket TP condition?

I added 1 in basket TP but in back test it did not close my both buy and sell entries simultaneously.

Further you have mentioned abandoned option. Did you your self abandon the sell trade from settings? or EA itself abandoned by confirming trend if yes then share me the settings for this auto abandoned method.
Quoting edge0xc
Hey, it was a nice year for me EA and i hope for some of you too. i updated the first post. Cheers
I request you to share us the theory behind newly added features like BE= 0 and basket TP = 0.

Regards
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