"Little Martingale EA" 2, continuation thread | Page 9 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Martingale, Anti-martingale, and Compounding 40 replies

Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply

Martingale Calculation EA (also reverse martingale) 3 replies

How to change this Martingale to Reverse Martingale ? 3 replies

Martingale vs. Non Martingale (Simplified RoR vs Profit) 1 reply

Attachments: "Little Martingale EA" 2, continuation thread
Exit Attachments

"Little Martingale EA" 2, continuation thread

  • #162
  • Sep 24, 2018 5:15pm Sep 24, 2018 5:15pm
Quoting luca1073
Hi Magne, thanks for the input. You re right to say that a simple move like the other day would wipe you out if you used 10 pips distance. That would happen several times a year. Cent accounts reduce risks bcause they increase zeros and possibilities that is true but how much with your test would that EA do in a month with real dollars (not cent) investing 1000? (That would mean one hundred thousand cent account) i ask out of curiosity , thanks
I am not sure yet Luca i just starting too test it a long with yours,but i am hoping for 20-30% atleast with a drawdown not more than 15-25% at most...I will run them all for a week and post results here if you want...
You win some you loose some do both with peace of mind
  • #163
  • Sep 24, 2018 5:42pm Sep 24, 2018 5:42pm
Quoting alexf82
@luca i use the ea now some month on a demo account on 3 pairs eurusd, eurnzd and eurgbp with a 1000€ account. settings default on H4. works good ok, DD is 35% but all ok for me ... in 3 month +123% win! (a other test also 3 month, almost the same result) since today it runs on a 1k live account ... lets see ... on which TF und wich settings are you trading?

1 minute timeframe but opentrade on candle false so timeframe doesnt matter . my settings are shown in screenshots in the first posts of this thread. i use 50 pips distance between trades, max lot is 0.12 (5 th trade)

-----------

one off topic note: BUY Bitcoin and lets talk about it in 2020-2022
  • #164
  • Sep 24, 2018 5:50pm Sep 24, 2018 5:50pm
Quoting luca1073
{quote} 1 minute timeframe but opentrade on candle false so timeframe doesnt matter . my settings are shown in screenshots in the first posts of this thread. i use 50 pips distance between trades, max lot is 0.12 (5 th trade) ----------- one off topic note: BUY Bitcoin and lets talk about it in 2020-2022
I am not soo sure abaut bitcoin i think it had its run at 20000 dollars,but thats just me....I think i changed it too 14 levels if possible???Can you tell me that starting of at 0.35 on 100000 cents and gridspace 20 having it on 5 pairs it was....This way more small profits and lower drawdown doo too the high amount of units...will share at end of week how it have done...Ore is it 5 levels maximum no matter the settings then i need too put it at 35 beetween....
You win some you loose some do both with peace of mind
  • #165
  • Sep 24, 2018 6:59pm Sep 24, 2018 6:59pm
Quoting magne999
{quote} I am not soo sure abaut bitcoin i think it had its run at 20000 dollars,but thats just me....I think i changed it too 14 levels if possible???Can you tell me that starting of at 0.35 on 100000 cents and gridspace 20 having it on 5 pairs it was....This way more small profits and lower drawdown doo too the high amount of units...will share at end
of week how it have done...Ore is it 5 levels
maximum no matter the settings then i
need too put it at 35 beetween....
im not new to ceyptocurrency but i didnt
pull the trigger when bitcoin was at 200$ because i didnt understand it. If you had
invested 1000$ in 2010 and forgot about it
now you would be aitting on a 100 million
fortune. Bitcoin will replace gold and lot of
the money worldwide will flow into it. If
accounts are created offline and private key
is safely stored it is impossible to hack,
steal or confiscate and is completely
decentralized. It will change the world like
the internet did, i really believe it
i bought and own othercryptocurrencies and
some less known ones a lot of it ,but im still
buying small amounts here and there. We ll see. There are also debit cards in bitcoins and is way easier and safer to store and spend if you wish
going back to the EA i didnt understand what you mean, sorry
you have 14 levels of martingale and you want to start from a 0.35 lot? Wow that seems crazy to me lol riskwiwr than bitcoin eheh
  • #166
  • Sep 24, 2018 7:23pm Sep 24, 2018 7:23pm
Quoting luca1073
{quote} im not new to ceyptocurrency but i didnt pull the trigger when bitcoin was at 200$ because i didnt understand it. If you had invested 1000$ in 2010 and forgot about it now you would be aitting on a 100 million fortune. Bitcoin will replace gold and lot of the money worldwide will flow into it. If accounts are created offline and private key is safely stored it is impossible to hack, steal or confiscate and is completely decentralized. It will change the world like the internet did, i really believe it i bought and own othercryptocurrencies...
You must remember i am on a cent account and 0.35 on a cent account is 0.0035 on a 1000 dollar account soo i can goo-0.35-0.55-1- 3 levels before coming too 0.01 on a standard account so in reality 11 levels with 20 pip gridspace thats 14 levels is 280 pips and 280 pips without a pullback big enough too get out with a profit rearly happens.....But i am just testing now for a month too tune in for most profit and minimal drawdown
You win some you loose some do both with peace of mind
  • #167
  • Sep 27, 2018 9:16am Sep 27, 2018 9:16am
Hello,
I find it very interesting with your EA.
I am using this EA Martiagle:
But not very effective.
Can you share more information about your EA installation?
1. Minimum amount in your account (leverage of 1: 200)
2. Time frame for trading EUR/GBP
3. Setting EA with EUR/GBP
Did you try this EA backtest? Can you share the backtest results for everyone?
  • #168
  • Sep 27, 2018 12:58pm Sep 27, 2018 12:58pm
Quoting yesmanppa
Hello, I find it very interesting with your EA. I am using this EA Martiagle: But not very effective. Can you share more information about your EA installation? 1. Minimum amount in your account (leverage of 1: 200) 2. Time frame for trading EUR/GBP 3. Setting EA with EUR/GBP Did you try this EA backtest? Can you share the backtest results for everyone?

please have a look at the first posts of this thread, you will find the screenshots with my settings in the first pages. don't use the default settings of the EA from post 1
EA was created by another forum member called Joan.
i think i even shared the backtests in the thread.
you can use any timeframe with my settings because it works with pip distance
1000 euros per chart is "ok"
please try on demo first and never on live account until november due to brexit issue. (my recommendation)
i disabled the live trading with the EA on monday and closed all my positions but had good profits.
Good Luck
  • #169
  • Sep 27, 2018 6:42pm Sep 27, 2018 6:42pm
Quoting luca1073
{quote} please have a look at the first posts of this thread, you will find the screenshots with my settings in the first pages. don't use the default settings of the EA from post 1 EA was created by another forum member called Joan. i think i even shared the backtests in the thread. you can use any timeframe with my settings because it works with pip distance 1000 euros per chart is "ok" please try on demo first and never on live account until november due to brexit issue. (my recommendation) i disabled the live trading with the EA on monday and...
Thanks for sharing.
So now you try running EA with any other currency pair? Are you planning to wait until the end of November when the Brexit event ends?
  • #170
  • Sep 28, 2018 4:50am Sep 28, 2018 4:50am
Quoting yesmanppa
{quote} Thanks for sharing. So now you try running EA with any other currency pair? Are you planning to wait until the end of November when the Brexit event ends?

i tried the EA in the past also with semi trending pairs and it was very risky and almost blew the account but i added more funds and accounts stayed safe. made profits but switched to eur gbp for 4 months and it was way less risky but less profitable too. at the moment im not trading the EA live. could wait until the end of november. i'm dealing with cryptocurrencies now (not daytrading but buying them) and building a portfolio i had started in 2015
  • #171
  • Sep 28, 2018 12:17pm Sep 28, 2018 12:17pm
Quoting luca1073
{quote} i tried the EA in the past also with semi trending pairs and it was very risky and almost blew the account but i added more funds and accounts stayed safe. made profits but switched to eur gbp for 4 months and it was way less risky but less profitable too. at the moment im not trading the EA live. could wait until the end of november. i'm dealing with cryptocurrencies now (not daytrading but buying them) and building a portfolio i had started in 2015
On my cent account it has made some small profits doo to i have sat the lotsize very small 1.7% for a week and it had a loosing day....I think its a very smart EA it does some scalping trading both ways and if trend is going too far it gets out at a pullback with a small loss...I have 3 ea`s running and this one is the best candidate because of the low drawdown...today it had a small loss/loosing day....I think its a very good EA that can survive the most i am putting it on a 450 dollar cent account ore 45000 units 10 pairs 0.25 lots there was this big move on CAD/CHF and one of the other EA`s havent gotten out yet,but this EA took a small loss and got out 0.1% loss....I like the features and the way it trades...Win% is 51 on one account and 62% on the 1000 dollar standard account drawdown 22% on the standard....4% only on the cent account....
You win some you loose some do both with peace of mind
  • #172
  • Sep 28, 2018 2:17pm Sep 28, 2018 2:17pm
Quoting luca1073
{quote} i tried the EA in the past also with semi trending pairs and it was very risky and almost blew the account but i added more funds and accounts stayed safe. made profits but switched to eur gbp for 4 months and it was way less risky but less profitable too. at the moment im not trading the EA live. could wait until the end of november. i'm dealing with cryptocurrencies now (not daytrading but buying them) and building a portfolio i had started in 2015
If you are the coder what abaut opening a when say you open a sell martingale you also open a buy 30% of the sell order with a TP of 10 pips soo when you get many levels you make profit the other way also but no stoploss on the buys because if it tturnes and martingale works the sell orders are 60% bigger than the buy orders soo it will close in profit anyways and if goes many levels beforee turn you protect account with 30% and it can goo further before account is at risk....
You win some you loose some do both with peace of mind
  • #173
  • Sep 29, 2018 12:49am Sep 29, 2018 12:49am
Great i was trying to use different EA which was made by me. Need any one using any other method.

5177984\newea@123
  • #174
  • Sep 30, 2018 11:27pm Sep 30, 2018 11:27pm
Quoting comeback2000
Great i was trying to use different EA which was made by me. Need any one using any other method. 5177984\newea@123
Can you share your settings? Was your backtest good
  • #175
  • Sep 30, 2018 11:38pm Sep 30, 2018 11:38pm
Hi everyone, is anyone still using EA? What are your trading results? Is it good?
  • #176
  • Oct 6, 2018 1:36pm Oct 6, 2018 1:36pm
how did the ea perform this week ??
  • #177
  • Oct 6, 2018 1:42pm Oct 6, 2018 1:42pm
Quoting furgz1129
how did the ea perform this week ??
I had it running for some days on a cent account 100000 units starting at 0.1 lot and gridspace at 20 and 25 pips it made small profits 0.2-0.4 pr day and it got cought in a huge drawdown soo i changed it with another one i am running tests on 4 different at the moment showing better profit and lower drawdown,but one is a paid version,but if its the best of them when tests done i will buy it the amount of 200 dollars isnt much if it can run making good profits for months/years....But it may fit for you if you use different settings...
You win some you loose some do both with peace of mind
  • #178
  • Oct 6, 2018 6:50pm Oct 6, 2018 6:50pm
Quoting magne999
{quote} I had it running for some days on a cent account 100000 units starting at 0.1 lot and gridspace at 20 and 25 pips it made small profits 0.2-0.4 pr day and it got cought in a huge drawdown soo i changed it with another one i am running tests on 4 different at the moment showing better profit and lower drawdown,but one is a paid version,but if its the best of them when tests done i will buy it the amount of 200 dollars isnt much if it can run making good profits for months/years....But it may fit for you if you use different settings...

Cool.. i was testing with 200 usd .01 lot and with the news this week got big drawdown
  • #179
  • Oct 6, 2018 11:36pm Oct 6, 2018 11:36pm
Quoting yesmanppa
{quote} Can you share your settings? Was your backtest good
I was using my own EA will post the result since i running in demo now.
One EA i was ruining in cent account 100$ but it need more money minimum 1000$. If we have we can two pairs easily

But still the profit is low and need to wait for 6 month or even 12 month to make 100% . I was testing one EA make profit 200 to 300% profit in one month
  • #180
  • Oct 7, 2018 5:06am Oct 7, 2018 5:06am
Quoting comeback2000
{quote} I was using my own EA will post the result since i running in demo now. One EA i was ruining in cent account 100$ but it need more money minimum 1000$. If we have we can two pairs easily But still the profit is low and need to wait for 6 month or even 12 month to make 100% . I was testing one EA make profit 200 to 300% profit in one month
The higher and quicker gain also higher risk...
You win some you loose some do both with peace of mind
1 trader viewing now