"Little Martingale EA" 2, continuation thread

which ea is that you was testing bro?

anyone still using this ea? what is the results like?

All guys are successful and moved on from this post.

No need to open multiple charts of EURGBP open just one with $1000 demo account. Test results and follow Luca's lead.

please find lucas set file attached, we can't upload .set therefore remove .txt to make it work, however it will load without removing but just incase..


Enjoy!

hello, i have tried on demo, however i have some error messages in my log (as attached) can anyone help me on this? thank you!

If I want to EA doesn't new position after closing the positions, what changes should I do?

If you want the EA to stop placing trades after the trades have closed, you need to select 'true' suspendtrades on each chart.

Thanks

Hi Guys i have a new version of this that has been coded with an hedging function but cant start a new thread in order to share it with FF i also have a few more EAs that have been coded in house and im struggling to find optimum settings for them and would love to share so we can figure best set files out.

Here is the file to test guys

How to setting this EA to 6 trade?

Hi to all

Lucas settings are the best I think ( I use them too)
I have tested them both in backtest and in live account

The problem with this EA is when a pair is trending and you are on the 4th or 5th step, then you have the bigger draw-down.
So What I have concluded is, when you are on 4th step (0.08 lot) or even better (0.12 lot) the pair is trending, so the best thing is "save your trades by opening one trade on your own.
You will open a trade with big lot (lets say 1 lot) So you will only need a few pips in order to gain profit and close in balance all your "bad trades"
This happens 4-5 times a year in the eur/usd, eur/gbp, usd/chf (pairs that I have used and ranging well)

Example:

Lets say you are on Eur/usd
At first the ea opens 1 buy 1 sell
Lets say the pair is trending is going up. You are winining all the buys, but you are on the 4th step in the sell (0.08 lot)
The draw-down is about 100-120euros (or your currency)
At this time you must take a look at the chart in order to find out if the pair will go up or down
If it goes down (according to your technical analysis) you can also do nothing, because if the pair goes down around 50-60pips then all your sell trades will close.
If you think the pair will go up, you can make a hedge move (buy) and if you make 10 pips with 1 lot then you have all draw down covered. You close all you sell trades in breake evene and then the ea will start from the start and will open 0.02 trade.

With this post I want you to show you that the ea is working. You will gain around 100-150 euros a month for a single pair
I use 1200euros for each pair. Thats mean that in one year you will have double your capital.

Lets revive this thread, the ea is working but you must carefully notice the changes in the currency and be ready to take action. Do not leave alone the ea in order not to blow your account

PS, Of course, another way if the ea is opening many trades with big lots is to increase the capital in order not to have a margin call and wait for the pair to turn back to you. This might take even 3 months if the pair goes very high or low

I have a change in this Ea which I think it will make some difference. Do you want to talk about?

I have always had interest on martingale systems and finally I have landed here.

The systems seems to be working (have not tested it myself) but the thread is dying...

Where did @Lucas go??

I think Lucas is mining cryptocurrencies
The system is working but it needs attention when you are in the 4 or 5 step of martingale

Thanks Sir for EA,

I already test EA for Scalp, but i want to suggest about slippage on TP, for used with high volatility pairs.
like set TP Point with calculated from profit set. not closed manual.
I dont know how to modify EA.
If you all have it, please share with me

Sorry bad english,
Thanks all

Yes, good idea. I also have another idea to only open positions when there are certain conditions

Anyone is still using this EA?

Can any of friends add the following items to the expert? With these items, I think the expert will be much more optimized

1) Maximum lot for trading 0.08
2) The maximum number of open trades 10
3) Maximum spread 30
4) All items can be edited by the user

Best Regard

Hi bro, Appreciate your work and I think this is the updated version of auto profit ea. but I want it in its original form, means pure "AUTOPROFIT EA" but in .ex5 format.
will you please convert autoprofit ea to .ex5 to run on MT5?