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Little Martingale EA

  • #941
  • Jun 22, 2018 12:34pm Jun 22, 2018 12:34pm
Its exactly one month today since i started my live account experiment with only eur gbp (X 5 charts) the result is : 690 euro profit. At the moment there is a - 70 Euro drawdown.
maybe next week i will make another month experiment by adding a 6 th chart
  • #942
  • Jun 22, 2018 10:24pm Jun 22, 2018 10:24pm
Please show how to change magic number, for use same pair multi times, same ea.
  • #943
  • Jun 22, 2018 11:50pm Jun 22, 2018 11:50pm
Quoting luca1073
Its exactly one month today since i started my live account experiment with only eur gbp (X 5 charts) the result is : 690 euro profit. At the moment there is a - 70 Euro drawdown. maybe next week i will make another month experiment by adding a 6 th chart
I am really impress on your result. Still i don't understand the how manage the DD on first chart "it reach 250 pips DD". If the EA on second chart also go down for another "reach 250 pips DD"

In chart one it will be 500 pips DD will more don't know what % of Equity
  • #944
  • Edited 2:56am Jun 23, 2018 2:42am | Edited 2:56am
Quoting Ramana
Please show how to change magic number, for use same pair multi times, same ea.

in the settings for the first chart you leave magic buy 1 and magic sell at 2

2 nd chart) magic buy 3 magic sell 4
3 rd chart)magic buy 5 and magic sell 6
4th chart ) magic buy 7 and magic sell 8
5th chart )magic buy 9 and magic sell 10
6th chart) magic buy 11 and magic sell 12

and so on....
  • #945
  • Jun 23, 2018 2:54am Jun 23, 2018 2:54am
Quoting comeback2000
{quote} I am really impress on your result. Still i don't understand the how manage the DD on first chart "it reach 250 pips DD". If the EA on second chart also go down for another "reach 250 pips DD" In chart one it will be 500 pips DD will more don't know what % of Equity

im looking for a drawdown indicator that would calculate possible drawdown related to size of positions and equity in %. so far my experience on drawdowns has been more related to different pairs. for eur gbp i tried to put the chart at a day difference from each other to have a different price to reduce risk. but it has happened that during a big sudden drop or rise in price all trades were closed at the same time prompting the EA to take new identical trades at the same price. this is certainly more risky. i ve seen a 100 pip drawdown(not 100% sure) this last month and it wasnt a big deal even multiplied x 5 pairs . the lowest i ve seen was -180 euros(total). that is really nothing. the problem is that the more the price goes down( or up) the more it will take larger positions. for this reason the multiplier 1.5 is more balanced than a 2 multiplier for example. thats also the reason why 0.12 would be the max lot. but i have to admit that im looking for an answer to your question too
  • #946
  • Jun 23, 2018 3:33am Jun 23, 2018 3:33am
The problem with backtest is the spread.The broker wides the spread up to 30 or 40 pips but on backtest we usually take a 2 pip spread. So backtest is very different from real life.
  • #947
  • Jun 23, 2018 5:09am Jun 23, 2018 5:09am
Inserted Code
but it has happened that during a big sudden drop or rise in price all trades were closed at the same time prompting the EA to take new identical trades at the same price.

How you manage identical trades happen when it close @ one time, will you close all trade manually and stop the EA on other charts if it night time all of them will running

Running for one month could not come to conclusion. I used to do martingale on 28 pairs using trend detector and doubled the account with 30 days. But one mega trend will wipe the whole account.
  • #948
  • Jun 23, 2018 5:21am Jun 23, 2018 5:21am
Quoting comeback2000
but it has happened that during a big sudden drop or rise in price all trades were closed at the same time prompting the EA to take new identical trades at the same price. How you manage identical trades happen when it close @ one time, will you close all trade manually and stop the EA on other charts if it night time all of them will running Running for one month could not come to conclusion. I used to do martingale on 28 pairs using trend detector and doubled the account with 30 days. But one mega trend will wipe the whole account.

of course one month doesn't come to any conclusion. imagine if i ever stated that.... every system is risky and this is no exception
  • #949
  • Jun 23, 2018 5:32am Jun 23, 2018 5:32am
Quoting rg2
Hi, As this is a topic discussing about martingale, I just want to drop this here (something I've been working on for a few months). These backtests were run without optimization. It's a single EA with a fixed set of parameters that can run on any pair. {image} {image} {image} {image} {image} {image} {image} This EA uses a little martingale, hedge, averaging, trend tracking, etc, etc. It's a sum of hundreds of EAs I've made over the past few years. It's not ready yet, but pretty close. Making a martingale EA with controlled risk IS possible. While...
Hi Rafael... Could you give a little more info on your backtest like, how many days, weeks months? Settings, what was your multiplier, order distance, TP? Thanks Marty
  • #950
  • Jun 23, 2018 8:51am Jun 23, 2018 8:51am
Quoting luca1073
{quote} in the settings for the first chart you leave magic buy 1 and magic sell at 2 2 nd chart) magic buy 3 magic sell 4 3 rd chart)magic buy 5 and magic sell 6 4th chart ) magic buy 7 and magic sell 8 5th chart )magic buy 9 and magic sell 10 6th chart) magic buy 11 and magic sell 12 and so on....
Small query on every chart you start with same .02 Lot or different lot size

Like
Chart 1 - .02
Chart 2 -.03
Chart 3 -.05
  • #951
  • Jun 23, 2018 9:37am Jun 23, 2018 9:37am
Quoting comeback2000
{quote} Small query on every chart you start with same .02 Lot or different lot size Like Chart 1 - .02 Chart 2 -.03 Chart 3 -.05
same settings for every chart, same pair, different magic number. the starting lot is always a 0.02 buy and 0.02 sell

thats automatic . it is the EA that will take these trades

did you ever use this EA on demo? you would have noticed that this EA works like this
  • #952
  • Jun 25, 2018 7:42am Jun 25, 2018 7:42am
Quoting martypatty
{quote} Hi Rafael... Could you give a little more info on your backtest like, how many days, weeks months? Settings, what was your multiplier, order distance, TP? Thanks Marty
Hi Marty,

- Backtest were run from 2012 to 2017 on most pairs (some of them I only had data from 2015 to 2017). 100% quality using every tick.

- As multiplier I use Fibonacci sequence! I tested 1.5x, 2x, 3x, etc. Once I tested Fibonacci (2x, 3x, 5x, 8x, etc) I had better results! But I am still making further tests.

- Order distance it is not fixed! I use a % of DD. Once a trade reaches a certain %DD, it opens a new trade. I also have filters to avoid opening new positions on the same levels of previous positions - this is done to prevent opening too many trades on a ranging market.

- TP is not fixed. I use the maximum profit reached -25%. For example, if profit reaches USD100 profit and falls back to USD75, it closes the trades. But depending on the number of trades that has already being opened, it closes at 0 for safety reasons.

If you have any other question, let me know.
  • #953
  • Jun 25, 2018 10:30pm Jun 25, 2018 10:30pm
Quoting rg2
{quote} Hi Marty, - Backtest were run from 2012 to 2017 on most pairs (some of them I only had data from 2015 to 2017). 100% quality using every tick. - As multiplier I use Fibonacci sequence! I tested 1.5x, 2x, 3x, etc. Once I tested Fibonacci (2x, 3x, 5x, 8x, etc) I had better results! But I am still making further tests. - Order distance it is not fixed! I use a % of DD. Once a trade reaches a certain %DD, it opens a new trade. I also have filters to avoid opening new positions on the same levels of previous positions - this is done to prevent...
Hi Rg2

I have question on "Once a trade reaches a certain %DD" is this option is available opposite trade
For eg if the BUY trade goes for 30% DD and it need to open SELL trade with % of the total LOT to hedge

Is your EA has the option to open aniti martingale
  • #954
  • Jun 26, 2018 7:51am Jun 26, 2018 7:51am
Quoting comeback2000
{quote} Hi Rg2 I have question on "Once a trade reaches a certain %DD" is this option is available opposite trade For eg if the BUY trade goes for 30% DD and it need to open SELL trade with % of the total LOT to hedge Is your EA has the option to open aniti martingale
It works like this:

Once a trade reaches the specified DD, it is ready to open a new trade (that is, a new trade using martingale - a new trade with a bigger lot).

Let's suppose my first trade is a BUY.

This BUY trade fails and reaches the %DD. Then, instead of blindly opening a hedge trade (SELL), like most EAs do, my EA will analyse the current market condition. It has 3 options:

1. If market is trending, it will open a hedge trade, SELL
2. If market is ranging, it will try to use averaging and open another BUY
3. If my EA can't decide what to do, it will do nothing and wait for a better opportunity

From my observartions and from previous EAs I have made, I noticed that averaging is better at ranging markets and hedge is better at trending markets.

In my opinion that is one of the secrets to use martingale in a more secure way.
  • #955
  • Jun 26, 2018 8:38am Jun 26, 2018 8:38am
Quoting rg2
{quote} It works like this: Once a trade reaches the specified DD, it is ready to open a new trade (that is, a new trade using martingale - a new trade with a bigger lot). Let's suppose my first trade is a BUY. This BUY trade fails and reaches the %DD. Then, instead of blindly opening a hedge trade (SELL), like most EAs do, my EA will analyse the current market condition. It has 3 options: 1. If market is trending, it will open a hedge trade, SELL 2. If market is ranging, it will try to use averaging and open another BUY 3. If my EA can't decide...

How you manage to analyze the trend using any indicator or price action. Will the hedge order will use different magic number, is there any trailing stop and auto open hedge option if it hit the stop loss till the trend stop.
  • #956
  • Jun 26, 2018 8:51am Jun 26, 2018 8:51am
Quoting comeback2000
{quote} How you manage to analyze the trend using any indicator or price action. Will the hedge order will use different magic number, is there any trailing stop and auto open hedge option if it hit the stop loss till the trend stop.
Analyzing the trend can be done in any way. Either using indicators (there are thousands that can do this) or price action (for example higher lows, lower highs).

Magic number must always be the same.

Trailing stop could work, but that depends on the situation. I do use a kind of trailing stop, but it is not a fixed number of pips. As I said earlier, I trail the profit.

About Stop Loss: In my opinion that is VERY important. It doesn't matter how secure your EA is, a SL should always be set. I am still trying to find the best value for this.

PS - I am not here to tell exactly how to program a profitable EA, I am only sharing some things I learned from making EAs, specially using martingale.
  • #957
  • Jul 3, 2018 12:33am Jul 3, 2018 12:33am
Quoting luca1073
{quote} in the settings for the first chart you leave magic buy 1 and magic sell at 2 2 nd chart) magic buy 3 magic sell 4 3 rd chart)magic buy 5 and magic sell 6 4th chart ) magic buy 7 and magic sell 8 5th chart )magic buy 9 and magic sell 10 6th chart) magic buy 11 and magic sell 12 and so on....

Hi luca1073,

I have doubt once all five account reach the level of .12 LOT. And the hedge trade on all chart will be on .02 LOT how you manage the DD with your margin r we wasting time and money on this testing.



I have doubt, from my experience to make the market move reverse we have to push the market with double the loss lot hedge trade. Once all the bad trade got closed we end up in margin call.

If you have very good margin like more then 200k then we can play


Or Once all the
  • #958
  • Jul 3, 2018 5:08am Jul 3, 2018 5:08am
Quoting comeback2000
{quote} Hi luca1073, I have doubt once all five account reach the level of .12 LOT. And the hedge trade on all chart will be on .02 LOT how you manage the DD with your margin r we wasting time and money on this testing. I have doubt, from my experience to make the market move reverse we have to push the market with double the loss lot hedge trade. Once all the bad trade got closed we end up in margin call. If you have very good margin like more then 200k then we can play Or Once all the

you do good to doubt this system. to be sincere you should doubt all systems. i still think that eur gbp is the only pair(if any) worth trading this strategy with because of its relative ranging behaviour.
concerning margin im still looking for a position/margin in % , lot calculator for drawdown. does any people in this forum have one?

the other day the EA took n. 4 0.08 trades and of course there were also 5 trades at 0.05 and 5 trades at 0.03 and 5 trades at 0.02 plus all the 5 opposite trades (buy at 0.02). total margin in % was 920 %...so not so bad after all.....drawdown was - 445 euros. account is 7000 euros. now drawdown is only -.80 because price retraced and made profit. exactly 823 euros since may 22 . 2018

of course with 200 k you could even trade the crazy trio dancer EA. i dont know if you ever saw it. once on demo i turned 3000 into 21000 on 3 pairs in 3 months but then lost it all lol but with 200 k it would have resisted making huge profits per month
  • #959
  • Jul 3, 2018 5:38am Jul 3, 2018 5:38am
Quoting luca1073
{quote} you do good to doubt this system. to be sincere you should doubt all systems. i still think that eur gbp is the only pair(if any) worth trading this strategy with because of its relative ranging behaviour. concerning margin im still looking for a position/margin in % , lot calculator for drawdown. does any people in this forum have one? the other day the EA took n. 4 0.08 trades and of course there were also 5 trades at 0.05 and 5 trades at 0.03 and 5 trades at 0.02 plus all the 5 opposite trades (buy at 0.02). total margin in % was 920...
If you r using 6 six chart and 1000 pips below and 1000 pips above how much lot it will open how much margin is required rough calculation.

If the We have the chart opened for every 50 pips move

~FUND required is 24K for six chart and the floating DD will be 11.5K
Attached File(s)
File Type: xlsx Draw-Down-Caculation-Grid-Trading.xlsx   12 KB | 557 downloads
  • #960
  • Jul 3, 2018 5:45am Jul 3, 2018 5:45am
Quoting comeback2000
{quote} If you r using 6 six chart and 1000 pips below and 1000 pips above how much lot it will open how much margin is required rough calculation. If the We have the chart opened for every 50 pips move ~FUND required is 24K for six chart and the floating DD will be 11.5K {file}

im using 5 charts. the pips there put in the bracket is the distance from the last trade 0.12? im having a look at it thanks

so far in the live test i had as i said 4 charts opening 0.08 trades each plus all the trades and total drawdown for 5 charts including swap and fees was -445 euros. i think price distanced about 20-30 pips from 0.08 in the red before turning back
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