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Little Martingale EA

  • #761
  • Jan 9, 2018 3:19pm Jan 9, 2018 3:19pm
Quoting Phk
Hi Luca which pairs do you trade on now? I have also AUD USD fevers.... Big open trade 11 stes.. Patrick
Eur usd
eur gbp
gbp usd
aud nzd
aud usd
usd jpy
  • #762
  • Jan 9, 2018 6:05pm Jan 9, 2018 6:05pm
This Ea with v1-4 default settings seems to like ranging pairs like for example eur/gbp that have a high value pip, so they reach profit in the trend direction after only 20-30 pips as opposed to aud pairs that have low value pips and take too long to reach tp, then creating a DD when the price goes in the opposite direction.

worst pairs to trade this are in my opinion so far

usd/cad
usd/chf
aud/usd

aud cad is ok because it ranges well but profits are small

these above are also pairs with very high negative swap fees, so they should be avoided.- swap fees when trade takes too long to close will eat all profits. very simple
i ve observed this EA for quite sometimes now. it has been 6 month live trading and more on demo

of course things could go wrong on other pairs too

this is one of the simplest and best EA s i ve seen around
  • #763
  • Jan 11, 2018 9:03am Jan 11, 2018 9:03am
Quoting luca1073
This Ea with v1-4 default settings seems to like ranging pairs like for example eur/gbp that have a high value pip, so they reach profit in the trend direction after only 20-30 pips as opposed to aud pairs that have low value pips and take too long to reach tp, then creating a DD when the price goes in the opposite direction. worst pairs to trade this are in my opinion so far usd/cad usd/chf aud/usd aud cad is ok because it ranges well but profits are small these above are also pairs with very high negative swap fees, so they should be avoided.-...

Hi to all
After making some tests, i found out that the last version 1.32 has no bugs. The bug exists if you put 0 on the profit.
Lucas i think i will agree with you on aud/usd as it is trending since 12/12. I am on 6 step now 0.18 and does not want to turn down.
What should we do? My dd is around 400-500€
  • #764
  • Jan 11, 2018 9:37am Jan 11, 2018 9:37am
Quoting zakgr
{quote} Hi to all After making some tests, i found out that the last version 1.32 has no bugs. The bug exists if you put 0 on the profit. Lucas i think i will agree with you on aud/usd as it is trending since 12/12. I am on 6 step now 0.18 and does not want to turn down. What should we do? My dd is around 400-500€
Hi Zakgr,

im at 0.18 too on aud\usd. it s ok, its part of the game. problem is not the drawdown at -500, problem is how much you re trading with and your remaining margin in % . mine is at 816 % so its ok.. i have a DD of -834 euros (as i write )floating now but well ahead in balance(5556 euros) and profits so i let it run. my limit is 0.27 lot i may stop the EA on that particular pair even before it reaches that trade. i will let it run until it comes back and then eliminate aud \usd from the list and substitute it with another one. my profits since october 9 are 2409 euros and of those i withdrew to my bank 1853 euros. all is visible in myfxbook

Good Luck! keep us updated, this thread shouldnt die, im convinced this EA has value

aud\usd has a big resistance at 0.79 and is trying to break it with no success so far so it may turns back soon. if it breaks it then 0.806 is another huge resistance. but thats another 160-200 pips from now
  • #765
  • Jan 13, 2018 10:00am Jan 13, 2018 10:00am
Quoting luca1073
{quote} Hi Zakgr, im at 0.18 too on aud\usd. it s ok, its part of the game. problem is not the drawdown at -500, problem is how much you re trading with and your remaining margin in % . mine is at 816 % so its ok.. i have a DD of -834 euros (as i write )floating now but well ahead in balance(5556 euros) and profits so i let it run. my limit is 0.27 lot i may stop the EA on that particular pair even before it reaches that trade. i will let it run until it comes back and then eliminate aud \usd from the list and substitute it with another one. my...

My margin is at 800% . All pairs are trending. It is a dificult situation. Lets see on Monday how things will go
  • #766
  • Jan 13, 2018 10:06am Jan 13, 2018 10:06am
Quoting zakgr
{quote} My margin is at 800% . All pairs are trending. It is a dificult situation. Lets see on Monday how things will go

it definitely became a difficult situation for me too. drawdown is high now but i ve seen worse , my margin dropped significantly (350 %). it had happened the same thing (if not worse ) with my first live test in july 2017 but there i had made some mistakes that i havent done now. all pairs are now trending you re right. trump tweets dont help. maybe draghi will come to our rescue lol. in total this EA on the two tests (live) that i did in two different peiods has brought me good profits (3974 euros) but has its risks too. i got used to the drawdowns but the problem of course is if many pairs trend without retracement. yesterday profits were very good but the drawdown has reached medium high dangerous levels, its true. lets update
  • #767
  • Jan 13, 2018 12:40pm Jan 13, 2018 12:40pm
confirm, I am at 613% of the margin, we hope for the recovery of the dollar. Luckily on Monday, I changed with 4 steep for 50 pips, 1 for 100 pips and another for the last 100 pips space

I am convinced that what I posted here (#753) had a reason
  • #768
  • Jan 13, 2018 1:00pm Jan 13, 2018 1:00pm
Quoting lele27
confirm, I am at 613% of the margin, we hope for the recovery of the dollar. Luckily on Monday, I changed with 4 steep for 50 pips, 1 for 100 pips and another for the last 100 pips space I am convinced that what I posted here (#753) had a reason

you and zakgr have a higher margin in % than me due to the number of pairs(but not only) you re using i guess(3 vs 6).. about the change of the steps is too late to do it now for me for the recovery. i may stop the EA if there is the risk of triggering too many 0.18 trades in several pairs and try to avoid the margin calls without acxtually closing the trades myself at a loss. about what you said in post 753 it could be good too , its an idea, grazie! lets hope for monday. we need the EA to close some counter trend trades before the feared margin call does it automatically (usually choosing the most negative trades).

eur usd has had a huge spike
aud usd reached a high key top price and overbought
usd jpy is at a support level
gbp usd is very high in price

hopes are there but its also true that the trend may continue. we have to monitor
  • #769
  • Jan 13, 2018 3:06pm Jan 13, 2018 3:06pm
Quoting luca1073
{quote} you and zakgr have a higher margin in % than me due to the number of pairs(but not only) you re using i guess(3 vs 6).. about the change of the steps is too late to do it now for me for the recovery. i may stop the EA if there is the risk of triggering too many 0.18 trades in several pairs and try to avoid the margin calls without acxtually closing the trades myself at a loss. about what you said in post 753 it could be good too , its an idea, grazie! lets hope for monday. we need the EA to close some counter trend trades before the feared...

I suggest, as the moments are very crusial, to write here any movements you do with the ea in order to have opinions and choices
Lets descuss on Monday our future moves!!

Goddnight to all
  • #770
  • Jan 13, 2018 3:19pm Jan 13, 2018 3:19pm
Quoting zakgr
{quote} I suggest, as the moments are very crusial, to write here any movements you do with the ea in order to have opinions and choices Lets descuss on Monday our future moves!! Goddnight to all
I will , goodnight!
  • #771
  • Jan 13, 2018 7:44pm Jan 13, 2018 7:44pm
aug only about 500pips up ,why you have so big lots?and have so much pairs. its dangers.

my ways is change every spacePips just like space1Pips is 80-100pips ,space2Pips is 130-150 pips,....for 500pips is Normal band，so design when have 500pips ,bigest lots is about 0.08-0.12.
goodluck for yours
and sorry my english is badly
  • #772
  • Jan 14, 2018 2:03am Jan 14, 2018 2:03am
Quoting burning-snow
aug only about 500pips up ,why you have so big lots?and have so much pairs. its dangers. my ways is change every spacePips just like space1Pips is 80-100pips ,space2Pips is 130-150 pips,....for 500pips is Normal band，so design when have 500pips ,bigest lots is about 0.08-0.12. goodluck for yours and sorry my english is badly
yes 0.18 is big and it hasnt happened a lot so far and probably 0.12 should be the maximum,
  • #773
  • Jan 14, 2018 2:45am Jan 14, 2018 2:45am
500pips 0.08-0.12must be design.500pips is Normal moves. every years 500pips moves would have about 10 times . and genera have once times about more than 1000pips moves. martingale ea must can be defy this situation。 then it can be use relax。
thanks
  • #774
  • Jan 14, 2018 12:32pm Jan 14, 2018 12:32pm
Quoting burning-snow
500pips 0.08-0.12must be design.500pips is Normal moves. every years 500pips moves would have about 10 times . and genera have once times about more than 1000pips moves. martingale ea must can be defy this situation。 then it can be use relax。 thanks
big pip moves are of course common. problem is when there is no retracement. for these settings we need a retracement of only 50 pips for the first five steps but aud usd and usd cad have betrayed us more than a few times. what you say should be definitely considered of course.
  • #775
  • Jan 14, 2018 5:38pm Jan 14, 2018 5:38pm
ok zakgr you had asked me to tell you what i was going to do. i observed the opening of the market and decided to change the settings of the EA on all pairs and making almost impossible to take a 0.18 trade ( 500 pips from the 0.12 one) and 2000 pips for the others to avoid disabling the EA & hoping that other counter trades will be taken and the market will move a bit both sides so that margin would go up a bit. so this is not a permanent solution but just to reduce risks for now
i noticed in these 6 months that 0.18 trades have been pretty rare. that means that there is usually a sort of retracement after max 250-300 pips but of course sometimes there isn't.
it doesn't measn that this solution would suit you because your margin is higher and you have less pairs
  • #776
  • Jan 14, 2018 6:05pm Jan 14, 2018 6:05pm
Quoting joancb
Hi, I made this litle martingale EA which survived Brexit, If Anybody thinks that it can be improved I'll be happy to change the code and share it. It opens a Buy and a Sell every desired interval at a multiple n of lots from the previous order. It closes the basket at a desired profit in cash. Cheers! ------------------------------------------------------------------------------------------------------------------------------------------------------- "Yes. But as you certainly know our business is selling AND buying. It doesn't work for very long...
hi

thanks for ea

please share mq4
  • #777
  • Jan 14, 2018 8:09pm Jan 14, 2018 8:09pm
My idea is in the 0-100 range，the market is mainly random volatility.， If there will be retracement，can be profitable without add lots， Martin added lots only to speed up the process，Increased profitability。but increases the risk if a trend is present。just like this time。
default setting，in my opinion，Profits are too high,maybe morethan 100%/year--It's too risky. I would like to see a system profit of around 20 per year or so，Can withstand fluctuations greater than 1000 points.

Another idea ，frequently backtest ，Look at the curve ，if longtime Profits，just half year， then Improving risk preparedness， Increase space---before this time ，The market has a steady period of half a year,Under the default settings ，Most of the basic positions are in the range of 0.05-0.08. can make a profit and close your position. --So we need to improve risk preparedness recently----Balancing risks and benefits.


thanks
  • #778
  • Jan 15, 2018 12:27am Jan 15, 2018 12:27am
Hi folks,
Just found this forum. I've used martingale eas extensively in the past and really like the profits they can generate. You have to skim of course but if you get it right it can be a nice way to trade.
I'll watch the forum with keen interest and play with the code that joancb was so kind as to share.
Still haven't sorted out what the most recent stable version is but I'll get there.
Cheers.
  • #779
  • Jan 15, 2018 1:40am Jan 15, 2018 1:40am
Hi Everyone,

Ive read the entire thread... I still don't understand why orders are placed or spaced the way they are. I don't understand the sequence of the amounts either.
I have code that works well on the GBPJPY.... I believe its all about understanding the settings that go with the frequency of the currency. I have a number of forward tests going on at the present time. I want you to see how placed my orders... I want to learn more about how this EA works. Thanks Marty
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  • #780
  • Jan 15, 2018 1:45am Jan 15, 2018 1:45am
Quoting martypatty
Hi Everyone, Ive read the entire thread... I still don't understand why orders are placed or spaced the way they are. I don't understand the sequence of the amounts either. I have code that works well on the GBPJPY.... I believe its all about understanding the settings that go with the frequency of the currency. I have a number of forward tests going on at the present time. I want you to see how placed my orders... I want to learn more about how this EA works. Thanks Marty {image} {image} {image} {image}
Good !!!!!. Can you share your set in GC. I want to backtest. thanks
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