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Micro martingale with small capital

  • #3,821
  • Mar 12, 2019 4:34pm Mar 12, 2019 4:34pm
Quoting len82
Hi Nice results mrgmrg and Anpar. Last week went pretty well for me but unfortunately set the lotsize incorrectly and risky on GBP/USD which resulted in a massive drawdown. I think it always come to a point where you have to decide when the trades are going against you and close them then move on to the next cycles. Cheers
Yeah, GBP pairs are too risky, best bet is to wait for a trend change on the pair after any type of news, set the EA to trade with the trend, with no TP or SL, you can make a ton. With that said, you really need to watch it, in case of a reversal, but once the news has broken, the 1hr trend usually last 12hrs or so.
  • #3,822
  • Mar 13, 2019 12:21am Mar 13, 2019 12:21am
MRG, it's annoying when you restart MT4 that you have to reinstall V1.10 especially when it's running on a few pairs and VPS restarts.
Is there any way that can be avoided?
  • #3,823
  • Mar 13, 2019 12:31am Mar 13, 2019 12:31am
Quoting Johannes7
MRG, it's annoying when you restart MT4 that you have to reinstall V1.10 especially when it's running on a few pairs and VPS restarts. Is there any way that can be avoided?
Hi Jo
1. Re-Install, it is likely that this happened because of available memory. I restarted MT4 but did not have to reinstall MT4.

2. Other ways not to need to re-install EA.
a. Save Setfile for each type used, if necessary reinstall only load setfile, save save file every time there is a parameter change.
b. Save the template for each chart that exists EA, if you need to re-install MT4 just load the template, save the template after making the template changes.
c. Save Profile (at the bottom of MT4) twice (eg name A and name B), if necessary re-install MT4, load Profile.
Perform a Save profile whenever there is a change / addition to the Chart.

Rgds
margiyono61 gmail com, Telegr @Margiyono
  • #3,824
  • Mar 13, 2019 12:34pm Mar 13, 2019 12:34pm
Quoting Anpar
{quote} Yeah, GBP pairs are too risky, best bet is to wait for a trend change on the pair after any type of news, set the EA to trade with the trend, with no TP or SL, you can make a ton. With that said, you really need to watch it, in case of a reversal, but once the news has broken, the 1hr trend usually last 12hrs or so.
Please Sir, I don't understand.

1. What do you mean by set EA to trade with the trend and how do you set that ?

2. What do you mean by no TP or SL?

Please tell me how you get your kind of results .

Thanks
  • #3,825
  • Mar 13, 2019 4:00pm Mar 13, 2019 4:00pm
Quoting Elliot12345
{quote} Please Sir, I don't understand. 1. What do you mean by set EA to trade with the trend and how do you set that ? 2. What do you mean by no TP or SL? Please tell me how you get your kind of results . Thanks
1. Determine the direction of the trend using your preferred method. I use price action,(been on this forum a long time and follow James16) to determine trend direction

2. Once, trend is determine, set the EA to only trade in the direction of the trend. In the EA's common properties, change common property to Long for trends that are going up and to short for trends that are going down.

3. In the EA inputs, set "Closing Options" = disable, TP and SL to 0.

4. Let your trades run until a trend change or you feel you made enough profit or loss, then close your trades.

5. Wait for the next se

I look for set-ups on up to 12 pairs a day, I'm normally in 6 different pairs at a time, quickly closing losing trades due to a trend change and letting my winning trades run.

As, I said in previous posts, this is not set and forget style. You need to either be sitting in front your terminal or have a signal that can ping your phone in the event of a trend change or watch your account go into deep drawdown.
  • #3,826
  • Mar 13, 2019 7:06pm Mar 13, 2019 7:06pm
Quoting Anpar
{quote} 1. Determine the direction of the trend using your preferred method. I use price action,(been on this forum a long time and follow James16) to determine trend direction 2. Once, trend is determine, set the EA to only trade in the direction of the trend. In the EA's common properties, change common property to Long for trends that are going up and to short for trends that are going down. 3. In the EA inputs, set "Closing Options" = disable, TP and SL to 0. 4. Let your trades run until a trend change or you feel you made enough profit or loss,...
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Hi Anpar, am I right?

2 more questions,

1) What EA version are you using for this strategy?
2) What setfile to use?

Many thanks in advance!
  • #3,827
  • Mar 13, 2019 8:02pm Mar 13, 2019 8:02pm
Quoting Macau
{quote} {image}{image} Hi Anpar, am I right? 2 more questions, 1) What EA version are you using for this strategy? 2) What setfile to use? Many thanks in advance!
Hi Macau

I try to help explain Anpar's Strategy:
Hi Anpar - CMIIW

1. The specific strategy can be for all versions, starting from V1_07
2. He uses several strategies for each pair (already posted on several previous pages)
3. The bottom line is: Orders follow a trend, if the reverse trend will be cut loss.
4. If possible, I will try to apply some of his strategies later, into EA
5. Actually the parameters that are already available can accommodate a number of trading styles, only need setting innovations.

Rgds
margiyono61 gmail com, Telegr @Margiyono
  • #3,828
  • Mar 13, 2019 8:29pm Mar 13, 2019 8:29pm
What TF to use, M1 or M5?
  • #3,829
  • Mar 13, 2019 9:35pm Mar 13, 2019 9:35pm
Quoting Macau
What TF to use, M1 or M5?
Which question for?
margiyono61 gmail com, Telegr @Margiyono
  • #3,830
  • Mar 14, 2019 2:23am Mar 14, 2019 2:23am
Quoting mrgmrg
{quote} Hi Macau I try to help explain Anpar's Strategy: Hi Anpar - CMIIW 1. The specific strategy can be for all versions, starting from V1_07 2. He uses several strategies for each pair (already posted on several previous pages) 3. The bottom line is: Orders follow a trend, if the reverse trend will be cut loss. 4. If possible, I will try to apply some of his strategies later, into EA 5. Actually the parameters that are already available can accommodate a number of trading styles, only need setting innovations. Rgds
i thought that using the ea this way we qowou be using it as a trade manager, am i wrong? of it becomes a trade manager, why should i be in front of the terminal?
  • #3,831
  • Mar 14, 2019 3:03am Mar 14, 2019 3:03am
Quoting Macau
{quote} {image}{image} Hi Anpar, am I right? 2 more questions, 1) What EA version are you using for this strategy? 2) What setfile to use? Many thanks in advance!
Yes, this is correct.

You will also need to determine your grid distance, the smaller the distance greater profit, but more risk...the larger the distance less profit and less risk. On some pairs. I have it as low as 5, while others it can be upwards of 20.

You can build fixed positions, meaning setting Marti-Multiplication = 100 or build real aggressive positions by setting this to 2. Smaller grid size for fixed positions, wider for aggressive.

I suggest you experiment in the tester to find settings that work for you.
  • #3,832
  • Mar 14, 2019 3:10am Mar 14, 2019 3:10am
Quoting fabio.g
{quote} i thought that using the ea this way we qowou be using it as a trade manager, am i wrong? of it becomes a trade manager, why should i be in front of the terminal?
If you are trading a Martingale system with no stoploss, I think it's important to be in front of terminal, in case something happens. I trade for a living, I'm always monitoring for new set-ups or reason to get out of trades.
  • #3,833
  • Mar 14, 2019 3:47am Mar 14, 2019 3:47am
Quoting Anpar
{quote} Yes, this is correct. You will also need to determine your grid distance, the smaller the distance greater profit, but more risk...the larger the distance less profit and less risk. On some pairs. I have it as low as 5, while others it can be upwards of 20. You can build fixed positions, meaning setting Marti-Multiplication = 100 or build real aggressive positions by setting this to 2. Smaller grid size for fixed positions, wider for aggressive. I suggest you experiment in the tester to find settings that work for you.
Many thanks for your detailed explanation.

What TF should we use? M1 or M5?
  • #3,834
  • Mar 14, 2019 4:01am Mar 14, 2019 4:01am
Quoting Anpar
{quote} If you are trading a Martingale system with no stoploss, I think it's important to be in front of terminal, in case something happens. I trade for a living, I'm always monitoring for new set-ups or reason to get out of trades.
Anpar, now i understand how you use it the trend, basically you let the EA create a grind in the trend, that you have determine, and get as much profit as possible or you are satisfied.

thanks
  • #3,835
  • Mar 14, 2019 7:44am Mar 14, 2019 7:44am
Quoting fabio.g
{quote} Anpar, now i understand how you use it the trend, basically you let the EA create a grind in the trend, that you have determine, and get as much profit as possible or you are satisfied. thanks
Bingo!
  • #3,836
  • Mar 14, 2019 10:12am Mar 14, 2019 10:12am
Quoting Anpar
{quote} Bingo!
H Anpar
What filtering indicator do you use?
Maybe I can add it to activate the Long / Short function
margiyono61 gmail com, Telegr @Margiyono
  • #3,837
  • Mar 16, 2019 1:25am Mar 16, 2019 1:25am
Hi Anpar,
Every day do you open manuallymanua the First transation or for all the day you open the positions on manuly mode?

Can you make anche example of pair with less 5 grid distance and one with more 20?

I have sent you a p.m.

Thanks
  • #3,838
  • Mar 18, 2019 3:01am Mar 18, 2019 3:01am
Quoting Ironshirow
Hi Anpar, Every day do you open manuallymanua the First transation or for all the day you open the positions on manuly mode? Can you make anche example of pair with less 5 grid distance and one with more 20? I have sent you a p.m. Thanks
hi,

No need to set it manually, to be honest. Find the trend, set the EA to trade in the direction of the EA only, let it ride.

Example:
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  • #3,839
  • Mar 18, 2019 9:53am Mar 18, 2019 9:53am
Guys can this indicator be used as a trend direction filter?
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margiyono61 gmail com, Telegr @Margiyono
  • #3,840
  • Mar 18, 2019 6:02pm Mar 18, 2019 6:02pm
Trend filters only have a significant effect on trends above the daily line.
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