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Little Martingale EA

  • #861
  • Feb 8, 2018 6:57pm Feb 8, 2018 6:57pm
Quoting montego
{quote} Well done Luca, keep up the good work ! and thanks for sharing, in your opinion what size account could you trade this with, for example - would a 500 euro account survive these settings on just this pair ? Many Thanks

you're welcome!

in my opinion to be on the safe side each pair should be traded with minimum 1000 euros /pair and sometimes even more. i think eur/gbp alone is ok/safe with 1000 euros, some pairs need more. probably the safest is 2000 euros /pair and avoid trending pairs like the plague lol. an account with 5000 initial deposit and 4 pairs could bring enough profits to start building up balance . i will test more pairs these days. i ve traded 6 pairs with 5000 euros and it went well for 6-7 months, 24 hs a day but my choice of pairs was a risky mix and it brought me "some"(big) trouble. the Ea has traded live on everything, interest rate decisions, trump tweeting, north korea crisis and more
  • #862
  • Feb 8, 2018 7:12pm Feb 8, 2018 7:12pm
Quoting luca1073
{quote} you're welcome! in my opinion to be on the safe side each pair should be traded with minimum 1000 euros /pair and sometimes even more. i think eur/gbp alone is ok/safe with 1000 euros, some pairs need more. probably the safest is 2000 euros /pair and avoid trending pairs like the plague lol. an account with 5000 initial deposit and 4 pairs could bring enough profits to start building up balance . i will test more pairs these days. i ve traded 6 pairs with 5000 euros and it went well for 6-7 months, 24 hs a day but my choice of pairs was...
Thanks Luca i will test and let you know how i get on
  • #863
  • Edited 3:55am Feb 9, 2018 12:32am | Edited 3:55am
Quoting luca1073
these tests were made with tick 1 minute data downloaded from the web plus un nom guai version v 13.1 ....
is this UnNomGuaiV1.131? or UnNomGuaiV1.13?
there is confusion with versions of this EA
  • #864
  • Feb 9, 2018 6:01am Feb 9, 2018 6:01am
Quoting luca1073
{quote} you're welcome! in my opinion to be on the safe side each pair should be traded with minimum 1000 euros /pair and sometimes even more. i think eur/gbp alone is ok/safe with 1000 euros, some pairs need more. probably the safest is 2000 euros /pair and avoid trending pairs like the plague lol. an account with 5000 initial deposit and 4 pairs could bring enough profits to start building up balance . i will test more pairs these days. i ve traded 6 pairs with 5000 euros and it went well for 6-7 months, 24 hs a day but my choice of pairs was...
HI Luca sorry to bother you again, but do my settings look correct ? i have tried to copy what you said, but unsure if it is right Thanks Luca.
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  • #865
  • Feb 9, 2018 6:35am Feb 9, 2018 6:35am
Quoting U190604
{quote} is this UnNomGuaiV1.131? or UnNomGuaiV1.13? there is confusion with versions of this EA

i never used v13.2 (the last) because i looked at the settings and didnt understand them at first. also the coder (ebeckers) didnt explain the differences between the two and because i was doing demo tests on v13.1 i went with that but im sure v.13.2 works fine
  • #866
  • Edited 7:06am Feb 9, 2018 6:48am | Edited 7:06am
Quoting montego
{quote} HI Luca sorry to bother you again, but do my settings look correct ? i have tried to copy what you said, but unsure if it is right Thanks Luca. {image}
you re welcome Montego. if you want the settings that im using now, copy them from these screenshots.

where you see space 2 pips and space 3 pips settings you can put 10.000 and 20.000 (pips)(instead of 2000 and 5000) respectively so it will never get triggered. this screenshot is taken from a vps demo and forgot to change it but anyway even 2000 pips it hasnt triggered so far (lol)

i use this on 1 min timeframe but it s ok any timeframe because i set open on new candle false. it workd only with pips
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Click to Enlarge Name: Screenshot (181).png Size: 249 KB
  • #867
  • Feb 9, 2018 8:14am Feb 9, 2018 8:14am
Quoting luca1073
{quote} you re welcome Montego. if you want the settings that im using now, copy them from these screenshots. where you see space 2 pips and space 3 pips settings you can put 10.000 and 20.000 (pips)(instead of 2000 and 5000) respectively so it will never get triggered. this screenshot is taken from a vps demo and forgot to change it but anyway even 2000 pips it hasnt triggered so far (lol) i use this on 1 min timeframe but it s ok any timeframe because i set open on new candle false. it workd only with pips {image} {image} {image}
Cheers Luca this i great
  • #868
  • Feb 9, 2018 8:41am Feb 9, 2018 8:41am
Quoting luca1073
{quote}i use this on 1 min timeframe but it s ok any timeframe because i set open on new candle false. it workd only with pips
I made test of v.13.2 in strategy tester with your settings on EG, M5
Also I made test on M1 TF, results are the same
Attached File(s)
File Type: zip UNG_EG_M5.zip   20 KB | 334 downloads
  • #869
  • Feb 9, 2018 9:40am Feb 9, 2018 9:40am
Quoting U190604
{quote} I made test of v.13.2 in strategy tester with your settings on EG, M5 Also I made test on M1 TF, results are the same {file}

thanks for the test, only thing i can notice is that you put openonnewcandle to" true" while in my case open candle is set to false and that may definitely change the result (not so much after all in this case i guess). i think in my case it was slightly better. also in the test that i did i had put the space 2 pips and space 3 pips at 10.000 and 20.000 not to get triggered but i don't think the space 2 pips at 2000 that you have was triggered after all
  • #870
  • Feb 9, 2018 9:48am Feb 9, 2018 9:48am
also the spread that you used for the test was current at 26(points), mine was 10(points), that also changes the result which is always positive, and thats great
  • #871
  • Feb 9, 2018 10:04am Feb 9, 2018 10:04am
Quoting luca1073
{quote} thanks for the test, only thing i can notice is that you put openonnewcandle to" true" while in my case open candle is set to false and that may definitely change the result (not so much after all in this case i guess). i think in my case it was slightly better. also in the test that i did i had put the space 2 pips and space 3 pips at 10.000 and 20.000 not to get triggered but i don't think the space 2 pips at 2000 that you have was triggered after all
yep, results are a bit better
this is default spread of my broker. I think, I have to change him
thanks
Attached File(s)
File Type: zip UNG_EG_M5.zip   20 KB | 269 downloads
  • #872
  • Feb 9, 2018 10:15am Feb 9, 2018 10:15am
Quoting U190604
{quote} yep, results are a bit better this is default spread of my broker. I think, I have to change him thanks {file}

in case you need or want to change I can recommend you Global Prime Australia, true ECN broker & very honest, not makrket maker, but you will pay commissions and swap fees. peace of mind with this broker. check on forex peace army their reviews...
  • #873
  • Edited 1:47pm Feb 10, 2018 1:17pm | Edited 1:47pm
I will share with you an amazing test i did on every tick with 2 full years + (Jan 2 2016 to Jan 17 2018) of 1 minute data on EUR/GBP . modelling quality says only 25 % but i found out all 1 min data tests return a 25 % modelling quality as you can see explained in this forum below (check post #5):

https://www.mql5.com/en/forum/80927

you re very welcome to try my same test (or other settings) with your own data and share the results here if you wish. Thanks

data source: http://www.histdata.com/download-fre...ute-bar-quotes

i started with a mere 1000 euro the demo test and it survived brexit, the GBP flash crash of october 2016 and the american elections (well these affected less the GBP anyway) and all the ecb meetings and interest rate decisions and political turmoil.

initial deposit 1000 euro , final balance after 2 years : 4431

Refer to my posts above for my settings and spread used

will try to do/find data and do some other tests of similar time on other ranging pairs in the next days

ps test says it was done until feb 2 2018 but i stopped it on jan 17 2018. it took so long that i got bored lol

my mt4 is in italian, sorry, uplooaded at least the screenshot because most files are not supported here it seems
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  • #874
  • Feb 10, 2018 2:03pm Feb 10, 2018 2:03pm
good job, Luca
I had got 25 % quality on M1 timeframe too and thought that test is bad.

I tried EURUSD, GBPUSD, EURCHF and GBPJPG . All tests were good and i got good profit at the end. near 1000 - 2000 for one year
  • #875
  • Feb 10, 2018 2:16pm Feb 10, 2018 2:16pm
GBPJPY M1
looks dangerous
Attached File(s)
File Type: zip UNG_GJ_M1.zip   40 KB | 304 downloads
  • #876
  • Feb 10, 2018 8:02pm Feb 10, 2018 8:02pm
Quoting U190604
GBPJPY M1 looks dangerous {file}

i will download your test tomorrow but yes gbp jpy is not for this lol. usually this pair is synonimous with super volatility
  • #877
  • Feb 10, 2018 8:04pm Feb 10, 2018 8:04pm
Quoting U190604
good job, Luca I had got 25 % quality on M1 timeframe too and thought that test is bad. I tried EURUSD, GBPUSD, EURCHF and GBPJPG . All tests were good and i got good profit at the end. near 1000 - 2000 for one year

unfortunately the swiss national bank is not to be trusted lol. look at what happened jan 2015....ooppps 3500 pips down in one minute ....eur chf....but this is extreme and rare of course
  • #878
  • Edited 7:56am Feb 12, 2018 5:06am | Edited 7:56am
i just realized i did a mistake when i made my latest test on eur gbp. i put the first 5 orders as planned at a distance of 100 pips but the 6 th order(and supposed to be the last) was put by mistake at 200.000 pips where i meant it to be at 200 pips. so it never triggered. but it may not be a bad thing after all. now im testing with the 6th order at 200 pips and will report back. maybe 5 orders at 100 pips starting at 0.02 lot are more than enough, we 'll see
  • #879
  • Edited 8:07am Feb 12, 2018 7:56am | Edited 8:07am
following previous post:

i tested: too much drawdown with the 6 th order at 0.18. i would keep it to 0.12 , 5 orders only ,starting lot 0.02, 100 pips distance , eur gbp and hope that the price goes back lol. see eur gbp is good because pip value is higher and closes basket earlier. of course it could play against us but from backtests it says its more in our favour
  • #880
  • Feb 13, 2018 1:02pm Feb 13, 2018 1:02pm
Quoting luca1073
following previous post: i tested: too much drawdown with the 6 th order at 0.18. i would keep it to 0.12 , 5 orders only ,starting lot 0.02, 100 pips distance , eur gbp and hope that the price goes back lol. see eur gbp is good because pip value is higher and closes basket earlier. of course it could play against us but from backtests it says its more in our favour
EA works well with your settings from post #866 and 4000 depo but it earns money very slow. it is about 1000$ per year
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