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Success with Martingale & Hedge - Possible?

  • #221
  • Sep 27, 2018 8:40am Sep 27, 2018 8:40am
Quoting KashifNawaz
{quote} Thanks friend. best wishes for your EA. Let us know if you find some better setting or new idea. Thanks
I think setting total gain at 500 dollars can get it too take profit faster mayby thats too much also mayby it need too go down too 300 but that will only make 3 dollars pr basket and i am not sure how many basket you get in a week out of 7 pairs but 20-30 prhaps will make 90 dollar a week with 30 and 60 dollar at 20 of a 450 account that is not bad i think i will set it at 300...
You win some you loose some do both with peace of mind
  • #222
  • Sep 27, 2018 5:47pm Sep 27, 2018 5:47pm
Quoting davi9411
Hello, I would like to thank you for the post and the idea, I also agree with you that the idea of Martingale is valid, I currently have an EA that I am running based on Martingale, This EA almost broke my account recently by the brexit news in the GBP while it was operating in the GBP / NZD pair and had a fall of 3352 points. I would like to improve this EA so that it could withstand at least 5000 points, the bigger historically than I have seen so far without a reversion. I want to achive a a profit of 1% per day with this EA using low...
You need to go for a safer pair such as EURGBP/ EURUSD
  • #223
  • Sep 27, 2018 5:49pm Sep 27, 2018 5:49pm
This EA still isn't working properly on my demo. Default setting except changed multiplier to 1.5.
I have been running it for the last 3 days and I'm still at close to 0 profit. It's buying and selling and it cancels each other out lol!
  • #224
  • Sep 28, 2018 11:59am Sep 28, 2018 11:59am
Quoting KashifNawaz
{quote} Thanks friend. best wishes for your EA. Let us know if you find some better setting or new idea. Thanks
Are there somebugs,in the EA i got a 15 pip loss on a 84 lot possision must be a hedge because of the stoploss on 15 pips,but it didnt open that big of a grid possision and it should had a 11000 dollar loss on the cent account its still up 2% for the week,but it looked very promising up too that loss it where up 13%....lets see if it can recover...
You win some you loose some do both with peace of mind
  • #225
  • Sep 29, 2018 8:30am Sep 29, 2018 8:30am
Success with Martingale & Hedge - Possible?

Depends on the strategy, Martingale & Hedging are position/money management methods, they are not trading strategies.
If your strategy has an edge, martingale can amplify that edge.
Hedging=Scale Out (no real effect).

Good Luck
No guts, no glory
  • #226
  • Sep 29, 2018 2:22pm Sep 29, 2018 2:22pm
Quoting KashifNawaz
{quote} Good to know that you have same thoughts like few other traders here believe that martingale with hedge and proper MM can work. Thanks for liking the EA, much appreciated. {quote} Best wishes for your testing. However backtest and forward test this for enough time to get the ideal setting according to your deposit amount so that you may not lose money in live account. {quote} You are most welcome. Thanks for your offer to share the cost but thanks anyway. I am doing this for my own satisfaction and spending every week for coding new features...
I have put the Hedge from level 3 have you ever tested it hedging almost from start it will atleast dont blow account i put trailing at 20 pips and no reboom of hedge.....Will be interesting too see when moves are pretty much straight up and down it will make a killing,but in small ranges it will not...
You win some you loose some do both with peace of mind
  • #227
  • Edited 8:55pm Sep 29, 2018 8:42pm | Edited 8:55pm
Quoting KashifNawaz
Will definitely share results if got succeeded in my mission.
Thanks man. I appreciate it a lot.

I'm working on the mt5 version and also running the EA. Standard account, default settings, on EURUSD and GBPUSD. So far so good.
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  • #228
  • Sep 29, 2018 9:53pm Sep 29, 2018 9:53pm
HELLO SIR...

good EA .

please add filter layer ( entry ) .

fortfs ( account - cent )
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  • #229
  • Sep 30, 2018 7:52am Sep 30, 2018 7:52am
Quoting barzotto
{quote} Thanks man. I appreciate it a lot. I'm working on the mt5 version and also running the EA. Standard account, default settings, on EURUSD and GBPUSD. So far so good. {image}
1000$ deposit is too little for this kind of grid EA because you don't have enough money to resist when facing huge trends.
At the moment all looks good with 30% profit but you need to think about also the worst case scenario.
  • #230
  • Sep 30, 2018 9:13am Sep 30, 2018 9:13am
Quoting Merka
{quote} 1000$ deposit is too little for this kind of grid EA because you don't have enough money to resist when facing huge trends. At the moment all looks good with 30% profit but you need to think about also the worst case scenario.
I agree if i where too go live with this EA i would have it on a 500 dollar cent account making 50000 units,but i am currently testing out 4 different grids and there is another free one on this forum that makes lot less profit,but gets out at small pullbacks in a trend with a small profit like that CAD/CHF move at the end of last week up 170 pips and still going making a big drawdown for this EA the other one got out at a 15-20 pips pullback and started up again and are now up too 8 level and only 5% drawdown,but for this drawdown at 25% soo i closed it and sat up a new demo cent account and are testing hedging from 3rd level too see if it can make profits both ways...I guess at some trades the profit will be huge as too losses on others,but importent that profit is way bigger than losses if makes profit next week i will run it for a month...
You win some you loose some do both with peace of mind
  • #231
  • Sep 30, 2018 1:06pm Sep 30, 2018 1:06pm
Backtesting to me is only use for debugging.
Must keep in mind that past performance in the real test account does not reflect the future performance.
If that is the case then how dare anyone trust backtest performance let alone a demo account?

I occasionally use a Martingale system with $10k account with cTrader, live account.
I put the trade manually and the cAlgo does the rest for me.
So far it has been good to me.

My key sucess to martingale is to keep the SL as tight as possible. I use 7 pips SL and TP is 7x bigger tha the SL (49 pips)
Make sure you put the trade that has high momentum and probability that will go in one direction instead directionless.
I have a safety net setup as well, if I have lose 4x or etc on that particular trade, then stop trading (don’t put more trade with 2x the lot size of the previous trade.
Furthermore I only open a single trade so that I have enough margin when the trade loss multiple times. This minimizes risk exsposure from getting a margin call.
My starting lot size is 0.1 or 0.05 or 0.02 or 0.01.
This is not investment/trading advise. Will not hold accountable for loss
  • #232
  • Sep 30, 2018 1:54pm Sep 30, 2018 1:54pm
Quoting yousername
Backtesting to me is only use for debugging. Must keep in mind that past performance in the real test account does not reflect the future performance. If that is the case then how dare anyone trust backtest performance let alone a demo account? I occasionally use a Martingale system with $10k account with cTrader, live account. I put the trade manually and the cAlgo does the rest for me. So far it has been good to me. My key sucess to martingale is to keep the SL as tight as possible. I use 7 pips SL and TP is 7x bigger tha the SL (49 pips) Make...
So you have a stoploss on trades open bye martingale you dont keep them open like many of the other ones here.....
You win some you loose some do both with peace of mind
  • #233
  • Oct 1, 2018 3:44am Oct 1, 2018 3:44am
Quoting magne999
{quote} I think setting total gain at 500 dollars can get it too take profit faster mayby thats too much also mayby it need too go down too 300 but that will only make 3 dollars pr basket and i am not sure how many basket you get in a week out of 7 pairs but 20-30 prhaps will make 90 dollar a week with 30 and 60 dollar at 20 of a 450 account that is not bad i think i will set it at 300...
Best wishes for your targets. With 500$ investment, 90 bucks per week is not bad. Always forward test and test very well before going live that how much spike your deposit can survive. Thanks

Quoting aleho
This EA still isn't working properly on my demo. Default setting except changed multiplier to 1.5. I have been running it for the last 3 days and I'm still at close to 0 profit. It's buying and selling and it cancels each other out lol!
Didn't receive such complain from anyone else. I have the same version running on VPS since 3 months. Please try this on different broker's terminal and on standard account. This should work.

Quoting magne999
{quote} Are there somebugs,in the EA i got a 15 pip loss on a 84 lot possision must be a hedge because of the stoploss on 15 pips,but it didnt open that big of a grid possision and it should had a 11000 dollar loss on the cent account its still up 2% for the week,but it looked very promising up too that loss it where up 13%....lets see if it can recover...
So far, I didn't found any bug in this EA, neither any one else reported. The only way a trade will close at loss is when hedge trade will hit SL. Otherwise, EA will keep increasing account's equity every day until price will ride a death roller coaster, one way direction in stair way..... (means same direction then slight ranging and then same direction....)

Quoting abokwaik
Success with Martingale & Hedge - Possible? Depends on the strategy, Martingale & Hedging are position/money management methods, they are not trading strategies. If your strategy has an edge, martingale can amplify that edge. Hedging=Scale Out (no real effect). Good Luck
Thanks for your thoughts my friend, much appreciated. With due respect, I will completely disagree from your statement.
For my Forex life, martingale and hedge are complete trading strategies tools, features, ads on, what ever your call. These are edge themselves.

Quoting magne999
{quote} I have put the Hedge from level 3 have you ever tested it hedging almost from start it will atleast dont blow account i put trailing at 20 pips and no reboom of hedge.....Will be interesting too see when moves are pretty much straight up and down it will make a killing,but in small ranges it will not...
You are free to make such experiments my friend. I prefer to delay the hedge level as much as my deposit allows to avoid SL levels and reduction in equity.
.................
  • #234
  • Oct 1, 2018 3:56am Oct 1, 2018 3:56am
Quoting barzotto
{quote} Thanks man. I appreciate it a lot. I'm working on the mt5 version and also running the EA. Standard account, default settings, on EURUSD and GBPUSD. So far so good. {image}
Thanks friend for your effort and testing the EA. If you complete mt5 version then you can share here for mt5 lovers. Thanks

Quoting Eanoname
HELLO SIR... good EA . please add filter layer ( entry ) . fortfs ( account - cent ) {image}
Do you mean some kind of entry rules? indicators? Sorry friend, I want my ea to trade 24x5.
.................
  • #235
  • Oct 1, 2018 3:58am Oct 1, 2018 3:58am
Quoting Merka
{quote} 1000$ deposit is too little for this kind of grid EA because you don't have enough money to resist when facing huge trends. At the moment all looks good with 30% profit but you need to think about also the worst case scenario.
Exactly. The same thing I am repeating here again and again that before going LOVE, one must test EA's depth with backtesting and forward testing based on their deposit. Otherwise, trader will regret

Quoting magne999
{quote} I agree if i where too go live with this EA i would have it on a 500 dollar cent account making 50000 units,but i am currently testing out 4 different grids and there is another free one on this forum that makes lot less profit,but gets out at small pullbacks in a trend with a small profit like that CAD/CHF move at the end of last week up 170 pips and still going making a big drawdown for this EA the other one got out at a 15-20 pips pullback and started up again and are now up too 8 level and only 5% drawdown,but for this drawdown at 25%...
Thanks again dear to test this EA with various settings. Best wishes
.................
  • #236
  • Oct 1, 2018 4:07am Oct 1, 2018 4:07am
Quoting yousername
Backtesting to me is only use for debugging. Must keep in mind that past performance in the real test account does not reflect the future performance. If that is the case then how dare anyone trust backtest performance let alone a demo account?
Agree to you. But still backtest or demo account forward test gives you some kind of clue, how the EA is going to perform live. If you check my profile, you will see a picture which summarize demo account. However, soon i am going to share link of LIVE account.

Quoting yousername
I occasionally use a Martingale system with $10k account with cTrader, live account. I put the trade manually and the cAlgo does the rest for me. So far it has been good to me. My key sucess to martingale is to keep the SL as tight as possible. I use 7 pips SL and TP is 7x bigger tha the SL (49 pips) Make sure you put the trade that has high momentum and probability that will go in one direction instead directionless. I have a safety net setup as well, if I have lose 4x or etc on that particular trade, then stop trading (don’t put more trade with...
Very wise way to deal with martingale. Best of luck my friend. For me, a martingale is not a martingale anymore if we use SL. And moreover, I am aiming for a fully automated martingale and hedge base strategy without any manual interruption and with the will of God, I am going to get that one day.
.................
  • #237
  • Oct 2, 2018 12:59pm Oct 2, 2018 12:59pm
Kashif - Can I get your set files? My EA made -$30 last night
  • #238
  • Oct 2, 2018 2:21pm Oct 2, 2018 2:21pm
This is results from Market open Sunday with hedge starting at level 5 8% drawdown at most not too bad 1.6%,but i have two others that are way more impressive...I am testing 5 different ones all in profit ,but the weakest one is only up 0.2%
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You win some you loose some do both with peace of mind
  • #239
  • Oct 2, 2018 2:24pm Oct 2, 2018 2:24pm
Here is the one i like the most have a scalping feature as well as grid.....Since sunday also under 4% drawdown..
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You win some you loose some do both with peace of mind
  • #240
  • Oct 2, 2018 2:26pm Oct 2, 2018 2:26pm
This is the way most proffiteble one 11% since yesterday i had a different ea before this soo it started with a negative account,but wow it recovered the account ...A little higher drawdown...
Attached Image (click to enlarge)
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You win some you loose some do both with peace of mind
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