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Success with Martingale & Hedge - Possible?

  • #241
  • Oct 3, 2018 2:37am Oct 3, 2018 2:37am
Quoting aleho
Kashif - Can I get your set files? My EA made -$30 last night
Friend, I am using default setting for all 3 pairs. Can you please share your results (account history) to check either EA is working fine. Also, did you tried this with some different broker's MT4 terminal?
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  • #242
  • Oct 3, 2018 2:37am Oct 3, 2018 2:37am
Quoting magne999
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... {image}
Thanks for your testings. Lets us know your recommendations.
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  • #243
  • Oct 3, 2018 2:46am Oct 3, 2018 2:46am
KN, a small suggestion - test this out with all 28 pairs, take the ones with the best results pound for pound, weed out the ones with negative pips and form a portfolio of high-risk, uncorrelated currency pairs.
  • #244
  • Oct 3, 2018 5:33am Oct 3, 2018 5:33am
Quoting carddard
KN, a small suggestion - test this out with all 28 pairs, take the ones with the best results pound for pound, weed out the ones with negative pips and form a portfolio of high-risk, uncorrelated currency pairs.
Thanks for your suggestion my friend, yes it can be tested in this way but need to buy a good VPS for that. Actually Martingale based EA will make green pips on every single pair unless Margin Call. Mostly people prefer low volatile pairs but they generate very less profit as well. However I liked your idea of uncorrelated currency pairs.
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  • #245
  • Oct 11, 2018 3:35am Oct 11, 2018 3:35am
Added Investor Account Details in first post for anyone who is interested to see current trades and trades history.
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  • #246
  • Oct 11, 2018 7:33am Oct 11, 2018 7:33am
try things real even with micro account more realistic results than demo
  • #247
  • Oct 11, 2018 7:47am Oct 11, 2018 7:47am
Quoting JsCave
try things real even with micro account more realistic results than demo
Modified version will be LIVE Very soon
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  • #248
  • Oct 11, 2018 8:00am Oct 11, 2018 8:00am
Quoting KashifNawaz
{quote} Modified version will be LIVE Very soon
What modifications have been done and will you post the new version here???
You win some you loose some do both with peace of mind
  • #249
  • Oct 11, 2018 8:30am Oct 11, 2018 8:30am
Quoting magne999
{quote} What modifications have been done and will you post the new version here???
Few modifications and additions are in process. The help I receive from FF programmers here, will share the results only.
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  • #250
  • Oct 11, 2018 9:22am Oct 11, 2018 9:22am
Quoting KashifNawaz
{quote} Few modifications and additions are in process. The help I receive from FF programmers here, will share the results only.
I am sorry i am not a coder,but i have 4 promising grids running now and i have tweaked settings and runned strategie test on my favorite for the whole of 2018 with a maximum draw down too 18% on EUR/USD 4 hour so it doesnt die i had it running since Monday morning and i will post results here on 202 trades it has lost 7 its a super scalper with a grid recovery too avoid losses soo if you will give me your updates on mail i will share my EA\s with you this is exstremly good results cant get better....This is on 13 pairs..450 dollar cent account
Attached Image (click to enlarge)
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You win some you loose some do both with peace of mind
  • #251
  • Oct 11, 2018 9:43am Oct 11, 2018 9:43am
This is another one i am running better gain,but a little higher drawdown..
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Click to Enlarge Name: 2.PNG Size: 67 KB
You win some you loose some do both with peace of mind
  • #252
  • Oct 11, 2018 11:51am Oct 11, 2018 11:51am
If someone is interested, this is the mt5 version. Should work identical to the mt4.
i've changed some variables and function names for my ease of use because i was planning to experiment with it, but i've realized i don't know much about grids so i'm gonna start with a simpler one since this one is quite sophisticated.
But i'm still following your work Kashif, thanks for sharing!
Attached File(s)
File Type: mq5 GoWithFlow.mq5   46 KB | 540 downloads
  • #253
  • Oct 12, 2018 4:25am Oct 12, 2018 4:25am
Quoting magne999
{quote} I am sorry i am not a coder,but i have 4 promising grids running now and i have tweaked settings and runned strategie test on my favorite for the whole of 2018 with a maximum draw down too 18% on EUR/USD 4 hour so it doesnt die i had it running since Monday morning and i will post results here on 202 trades it has lost 7 its a super scalper with a grid recovery too avoid losses soo if you will give me your updates on mail i will share my EA\s with you this is exstremly good results cant get better....This is on 13 pairs..450 dollar cent...
Best wishes for your trading systems bro. If they are generating money then good for you. I will prefer working in my own way.

Quoting barzotto
If someone is interested, this is the mt5 version. Should work identical to the mt4. i've changed some variables and function names for my ease of use because i was planning to experiment with it, but i've realized i don't know much about grids so i'm gonna start with a simpler one since this one is quite sophisticated. But i'm still following your work Kashif, thanks for sharing! {file}
Thanks mate for your efforts, much appreciated. It may help mt5 lovers. Will test this someday once I have mt5 installed. If possible, please share your backtest or demo test results. Thanks
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  • #254
  • Oct 12, 2018 9:00am Oct 12, 2018 9:00am
Quoting KashifNawaz
{quote} Best wishes for your trading systems bro. If they are generating money then good for you. I will prefer working in my own way. {quote} Thanks mate for your efforts, much appreciated. It may help mt5 lovers. Will test this someday once I have mt5 installed. If possible, please share your backtest or demo test results. Thanks
Since i am not able too code only help i can bring is testing and tweaking settings i tried the go with flow with hedge from level 3 it worked fine for a week with good profits,but suddenly big drawdown soo thats not the answer.....I have a grid simular too yours,but it takes out portions of the possisions on the smallest of pullbacks and adding them further down again if the price continues away from first possision....Mayby that is someting too think abaut taking small profits and get some possisions off in small pullbacks...The way its now it really need for the price too get almost 60% down against first possision before taking profits...And that doesnt always happen....I really hope there will be posibilitys too try your new ideas i am very impressed with your work...
You win some you loose some do both with peace of mind
  • #255
  • Edited 9:13pm Oct 12, 2018 9:39am | Edited 9:13pm
Quoting magne999
{quote} Since i am not able too code only help i can bring is testing and tweaking settings i tried the go with flow with hedge from level 3 it worked fine for a week with good profits,but suddenly big drawdown soo thats not the answer.....
Thanks for your supports and thoughts friend. Considering default setting of this EA, I kept hedge level at level 17 because this hedge level is the danger point if it stuck in range. Thats why, one should keep hedge level little far, at least at 50% DD. Means, if your equity is 1000$ then hedge should start where you already have DD of -500$. If you get volatility, you will survive otherwise blast.

Quoting magne999
{quote}The way its now it really need for the price too get almost 60% down against first possision before taking profits...And that doesnt always happen....I really hope there will be posibilitys too try your new ideas i am very impressed with your work...
Yes, I do agree. We can request some programmer (if they listen to us) to modify this EA a bit. Currently EA needs too much retracement to close a cycle at TP. What I believe, TP should be calculated based on 0.01 lot. If we use below calculation, cycle will close early at profit.

Example: Grid Level 10 pips, Multiplier 2 and TP is 10 pips. Price moves 50 pips in one direction
We will ignore spread for now.

Lot 0.01 is -50 pips in loss
Lot 0.02 is -40 pips in loss
Lot 0.04 is -30 pips in loss
Lot 0.08 is -20 pips in loss
Lot 0.16 is -10 pips in loss
Lot 0.32 is 0 pips

Now if price retrace 10 pips, following will be the situation

Lot 0.01 is -40 pips in loss
Lot 0.02 is -30 pips in loss
Lot 0.04 is -20 pips in loss
Lot 0.08 is -10 pips in loss
Lot 0.16 is 0 pips in loss
Lot 0.32 is +10 pips in profit

If we calculate base on 0.01 lot, following will be the breakdown

Lot 0.01 is -40 pips in loss (-40 x 1 = -40 pips)
Lot 0.02 is -30 pips in loss (-30 x 2 = -60 pips)
Lot 0.04 is -20 pips in loss (-20 x 4 = -80 pips)
Lot 0.08 is -10 pips in loss (-10 x 8 = -80 pips)
Lot 0.16 is 0 pips in loss (0 x 16 = 0 pips)
Lot 0.32 is +10 pips in profit (20 x 32 = 320 pips)

If you sum all pips base on 0.01 level then it will be -40-60-80-80+0+320 = +60 pips
So with this calculation, a 60 pips martingale cycle needs only 10-12 pips retracement to hit TP covering spread. I hope you get the idea. So based on this calculation, when ever cycle gains 10 pips tp + spread, then it should hit TP.

For example, if martingale cycle has 9 trades (6 losing, 3 winning) and spread is 1 pip for each trade. 6 Losing trades have -120 pips and winning trades have +159 pips so net ratio will be +20 (-120 losing trades -9 spread + 159 winning trades = +20) and cycle tp will hit here

Quoting magne999
{quote}I really hope there will be posibilitys too try your new ideas i am very impressed with your work...
Thanks friend. If you have read my first post, I have requested members here to give suggestions, ideas, how to improve this? I mentioned in first post that
I need ideas and help from you guys, how to make it more strong. Should we add more parameters or should add some extra defense via Engine 3?

If we have ideas then coding is not big deal, we can hire.
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  • #256
  • Oct 12, 2018 9:45am Oct 12, 2018 9:45am
Quoting KashifNawaz
{quote} Thanks for your supports and thoughts friend. Considering default setting of this EA, I kept hedge level at level 17 because this hedge level is the danger point if it stuck in range. Thats why, one should keep hedge level little far, at least at 50% DD. Means, if your equity is 1000$ then hedge should start where you already have DD of -500$. If you get volatility, you will survive otherwise blast. {quote} Yes, I do agree. We can request some programmer (if they listen to us) to modify this EA a bit. Currently EA needs too much retracement...
Yes thats exactly the right idea you have there...I tought you did your coding yourself....Ok soo we need a coder i will see if i can find any ive gotten a coupple of PM`s offering coding,but long time ago...
You win some you loose some do both with peace of mind
  • #257
  • Oct 12, 2018 9:50am Oct 12, 2018 9:50am
Quoting magne999
{quote} Yes thats exactly the right idea you have there...I tought you did your coding yourself....Ok soo we need a coder i will see if i can find any ive gotten a coupple of PM`s offering coding,but long time ago...
It shows that you did't bother to read first post where I mentioned twice that I hired a programmer to complete this job. He offered me life time support but after getting his payment, he disappeared.
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  • #258
  • Oct 12, 2018 9:55am Oct 12, 2018 9:55am
Quoting KashifNawaz
{quote} It shows that you did't bother to read first post where I mentioned twice that I hired a programmer to complete this job. He offered me life time support but after getting his payment, he disappeared.
Ooohh i am sorry yes i did read your first post,but it must have glipped my mind...Soo you found a crook and he was gone...I have seen Ferrufx having very good rewies here on the forum i dont know if you have been in contact with any of the ones here on forum there are also treads with free coding offered,but i havent gotten any responce when i have tried too add a alarm too a indi ore have anyting done....They just start tread and dissapear...
You win some you loose some do both with peace of mind
  • #259
  • Oct 12, 2018 10:01am Oct 12, 2018 10:01am
Quoting magne999
{quote} Ooohh i am sorry yes i did read your first post,but it must have glipped my mind...Soo you found a crook and he was gone...I have seen Ferrufx having very good rewies here on the forum i dont know if you have been in contact with any of the ones here on forum there are also treads with free coding offered,but i havent gotten any responce when i have tried too add a alarm too a indi ore have anyting done....They just start tread and dissapear...
Yes, Ferrufx has very impressive profile and he is amazing programmer. I approached him for one my projects but he refused with respect because he prefers to do minor tasks instead complex projects which require too much time and attention. I liked his response that at least he didn't wasted my time and money and responded very respectfully. However, I am in touch with some other programmers (from FF and outside FF) and getting mix response.
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  • #260
  • Oct 12, 2018 10:03am Oct 12, 2018 10:03am
Quoting KashifNawaz
{quote} Yes, Ferrufx has very impressive profile and he is amazing programmer. I approached him for one my projects but he refused with respect because he prefers to do minor tasks instead complex projects which require too much time and attention. I liked his response that at least he didn't wasted my time and money and responded very respectfully. However, I am in touch with some other programmers (from FF and outside FF) and getting mix response.
Ok keep on it and i will look out also...In the meanwhile have a good weekend...And keep it green...
You win some you loose some do both with peace of mind
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