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Attachments: Success with Martingale & Hedge - Possible?
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Success with Martingale & Hedge - Possible?

Quoting T4Trade
{quote} GWF opens one buy n one sell at the beginning,i was suggesting simple one direction martingale and not hedging martingale.
We cannot call Buy/Sell level trades as hedge because one of these will always ready to close at TP before reaching new level. So one side will be martingale and other will be ready in advance to become martingale. There is no harm in this.

Quoting T4Trade
{quote}The key to success is to use safe settings of marti EA(small lot size and low multiplier) with big account i.e 1000 $ per pair in cent account or 1:500 or even 1:1000 leverage.
Sorry to say but the setting which you referring here cannot be called safe. My standard account of 5000$ with 1:1000 leverage was blown away with initial lot 0.01 and multiplier 1.3 only. Martingale is build to blast your accounts unless you have some strong defense additional to your safe setting.

Quoting T4Trade
{quote} IMHO There could be few options: 1.Equal size hedging trades will opens as same as marti next trades 2.Big size hedging lot opens and watever closing strategy for hedge trades are 3.open hedge trades of all existing and new trades now what do we want is ,what to do with hedge trades? because marti will close on retracement sooner or later by hitting TP. There could be few option in my opinion 1.as soon as martingale lots comes X pips to profit, hedging trades should close with profit. Because when marti is in negative,hedging lots will...
Thanks Ali for suggestions, here are my comments.
1- Its already part of current EA
2- I had thought about this before sending coding proposal but then removed this because hedging all open trades at later stages will bring more losses
3- hedge reborn is available already. Once hedge level started, it will defend all new opened lots but at the cost of SL

Quoting T4Trade
{quote} what to do with hedge trades? 1.as soon as martingale lots comes X pips to profit, hedging trades should close with profit. Because when marti is in negative,hedging lots will be in profit right? 2.The whole trail closes on profit or breakeven, it is safer than the MC. Remember this situation or hedging engine will only work when the account is in danger,so this is our recovery strategy. so the EA should work intelligently. Kashif if there is any confusion,please give me a voice message in telegram,Thanks.
1- If we close hedge trades at profit then we will lose the defense and account will blown away of martingale trend continue
2- When martingale has 10+ trades and we have new hedge positive trades, still whole basket can never be positive unless you manually close the hedge trades at profit and price change it original direction.

I had worked on all these possibilities but this is not the solution to this issue.


Quoting T4Trade
{quote} IMHO There could be few options: 1.Equal size hedging trades will opens as same as marti next trades 2.Big size hedging lot opens and watever closing strategy for hedge trades are 3.open hedge trades of all existing and new trades now what do we want is ,what to do with hedge trades? because marti will close on retracement sooner or later by hitting TP. There could be few option in my opinion 1.as soon as martingale lots comes X pips to profit, hedging trades should close with profit. Because when marti is in negative,hedging lots will...
Grid / Martingale / Hedge Lover
Quoting emonts
{quote} Hi, I made an EA to test this. Just this kind of indicator is not enough at low TF. See graph below. I will see how i/we can improve. Used volume of 0.01 and went for 25 USD as profit, let say about 250 pips. TF=M5 At a certain moment the number of trades increased dramatically up to over 200. The contra trade has high volume and gave mostly a loss. We must be aware that if the direction changes and we open a contra trade, these contra trades are no quarantee for profit. {image} So went to higher TF, Pictures below is TF=H1, with volumes...
Good results friend, this indicator based EA has offered us good results without spice of martingale

Let us know if you get success in this. best wishes
Grid / Martingale / Hedge Lover
Quoting pcorneli
Every now and then i have an unbeatable idee. The GRAIL! Than i start progamming (sometimes systems having several EA's in it and Dashboards etc ..... Up to now there was always the Black Swan
Almost same story of every Forex trader who is in pursuit of holy grail I have written 50+ martingale, grid based strategies in excel which seems perfect holy grail on paper but once tested on tester, they miserably failed due to one loop hole only. We can find 1000 of holy grails but each one will must have one loop hole, one risk portion which, eventually one day, will close your account.


Quoting pcorneli
In fact you loose spreads commissions an swap.
Sorry friend but this is old concept. You can still hedge trades and can pay only one commission and one spread. You can find a topic on FF about "multiple close by" which will clarify this. So I am no more afraid of hedging due to double spread and double commission

Quoting pcorneli
I From the moment i have X (say 10) Buy's against me (down trend) i hedge every Buy by an equal Sell. And as long as i have more Buy's as Sell's, i dont take profit on Sell's. Then the Trend goes up and i close my Buy's. Until i have the same number Buy and Sell. Some of the Sells (maybe a lot), still have profit and are also closed with profit. So i do not have to think when and how to hedge, i am hedged by definition. This means there can grow a lot of trades. Depending on the Grid Step. But then it is possible to close (evt by hand) some loosing...
Yes, you are right. To end up as winner by hedging, you must have net trades of trend friendly trades. So far what I found, you can get out of hedge trades successfully only closing them by hand at specific time. for example using H1 candles, wait for sign of reversal or by getting some help from non-repaint indicators like HBB, Half trend or PZ swing etc
Grid / Martingale / Hedge Lover
some how i have discovered how to hedge with grid or non grid and make money no matter what the market does, worse case is to lose very small or break even, in every market condition it either win big or win small or break even or lose small never can it blow an account and maximum lot increment is 2, it will cost me much money so i am ready to work with just 1 partner that can be a financier for the coding or an advanced coder cuz its not a simple logic.

thanks
Quoting oyaks
some how i have discovered how to hedge with grid or non grid and make money no matter what the market does, worse case is to lose very small or break even, in every market condition it either win big or win small or break even or lose small never can it blow an account and maximum lot increment is 2, it will cost me much money so i am ready to work with just 1 partner that can be a financier for the coding or an advanced coder cuz its not a simple logic. thanks
Welcome on board friend. Your post is motivational for many traders who doesn't believe on hedge. You can find few excellent programmers here on FF who can help you to get your dream EA. best wishes
Grid / Martingale / Hedge Lover
Quoting KashifNawaz
{quote} Welcome on board friend. Your post is motivational for many traders who doesn't believe on hedge. You can find few excellent programmers here on FF who can help you to get your dream EA. best wishes
Thank you very much for your kind support
I want to ask all the pros in here is 100 pips grid with GBPJPY too slow on grid set up ?
Quoting oyaks
I want to ask all the pros in here is 100 pips grid with GBPJPY too slow on grid set up ?
100 pips grid on any pair (even as volatile as GBPJPY) will give you very less profits I guess but also less risk.
Grid / Martingale / Hedge Lover
Not too sure how to insert the images to make them show up in the text... but I will give it a shot...

So, this is my demo account.
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As you can see, it is getting the job done nicely! In area #1, I was playing around with the settings getting used to how the EA functioned. Area #2 was using a 3 multiplier. The only problem, it was too aggressive and set me up for a couple of hairy moments that I had to wait out until the price corrected enough to close out everything. Area #3 I reduced the multiplier to 1.1 and set my TP to only 1.5 (times the number of orders being considered). The only concern was the moment where you see the big gain in the middle of area #3. It opened up a 29.99 lot order, and I don't know why!! Fortunately, it only had to go a little distance to close out and get back to normal. It is much less stressful to watch, now!
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Here are my settings:
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This is shortly after I switched to the 1.1 multiplier... Not too shabby...

Start Nov 21 @ 20:45
Ending Nov 28 @ 08:00

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This is after the big jump from the 29.99 lot order...

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OK... very disappointing... it opened up a large rogue order, then everything took a dump! Time to tweak the parameters, again...
Quoting don_forex
Not too sure how to insert the images to make them show up in the text... but I will give it a shot... So, this is my demo account. {image} As you can see, it is getting the job done nicely! In area #1, I was playing around with the settings getting used to how the EA functioned. Area #2 was using a 3 multiplier. The only problem, it was too aggressive and set me up for a couple of hairy moments that I had to wait out until the price corrected enough to close out everything. Area #3 I reduced the multiplier to 1.1 and set my TP to only 1.5 (times...
Hi, may I ask you what does the TP 1.5 mean?

Currently I am doing hedging + martingale and stuck at taking profit too. If I take profit too small, it does not make sense with the risk account has to suffer from martingale. If my tp is too big, I miss the chance to get out of the trade and reset the loop. I am thinking the way to multi-level take profit base on total lot size account.
Quoting will.cyan259
{quote} Hi, may I ask you what does the TP 1.5 mean? Currently I am doing hedging + martingale and stuck at taking profit too. If I take profit too small, it does not make sense with the risk account has to suffer from martingale. If my tp is too big, I miss the chance to get out of the trade and reset the loop. I am thinking the way to multi-level take profit base on total lot size account.
I think what DonForex mean with TP 1.5 is parameter Take Profit $.

This EA use 2 parameter TP, first is TPP (Take Profit in Pips) and TP$ (Take Profit in Money). CMIIW.
How about using ADX to filter trend vs non-trend
trade explorer last data 21 days ago. what happened? robot stop working?
Quoting fx4money
trade explorer last data 21 days ago. what happened? robot stop working?
I have updated this in first post... I stopped this account for now. Testing modified version for now. Will share details if got some success.
Grid / Martingale / Hedge Lover
just sharing a bit on my martingale with plus lot (not multiplied) and hedging here. been using this for few months and still doing fine tuning with the setting, on live account.

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Very nice EA...

I have it OOB running on my demo account since 11.Sep.

You can check results here:
https://www.myfxbook.com/members/c0l...ect-ea/2629054

(before i tested another EA, so it started when curve is constantly going up, so please ignore the absolute numbers, it started ~ -2000 profit)

However so far the EURGBP pair is ranging, lets see how it behaves when Brexit results are on the table.
Hi guys,
if you are still searching for a reliable coder, I can suggest a guy named rodolfom to you.
He was involved in a threat called Trio Orchestra, which was quite similar to this.
Quoting KashifNawaz
Hundreds of threads on the same topic, thousands of posts and millions of discussions here on FF and lot of experts had already proved many times that Martingale, Grid and Hedge systems will never work in the long run unless one has huge capital in his bank. But still, there are many traders (maybe day-dreamers ) who believe that these systems can work in reality even with low capital and proper Money Management. Possible? Well, I am one of those day-dreamers who believe this is possible despite already lost so much money in this. We all...
Hi Kashif
i just tried your EA;
actually; i think it need some modifications, like (controlling spread, and to add MM parameters).
here is my back test on (Demo for 2 years), i'm afraid to try it on real acc.
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