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Reverse Martingale strategy 101 replies

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Attachments: Reverse Martingale Strategy
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Reverse Martingale Strategy

Quoting fx4money
sometimes will take few days to clear all post in net profit {image}
what EA are you using?
Quoting T4Trade
{quote} what EA are you using?
Martingale is a risky proposition so you might wish to use this EA to protect your account but I never tried it All the details on how it works are on this site:

https://www.earnforex.com/metatrader...unt-Protector/ Earnforex has many other EAs that you might be interested in.



Attached File
File Type: zip Account Protector.zip   30 KB | 246 downloads
Quoting Hutch
{quote} Martingale is a risky proposition so you might wish to use this EA to protect your account but I never tried it All the details on how it works are on this site: https://www.earnforex.com/metatrader...unt-Protector/ Earnforex has many other EAs that you might be interested in. {file}
thanks hutch ,im a big fan of martin and without risk management and protection strategy,martin can give you slow poison and rapid death hahaha.I will try this for sure.
Quoting T4Trade
{quote} what EA are you using?
my ea.
Quoting Hutch
{quote} Martingale is a risky proposition so you might wish to use this EA to protect your account but I never tried it All the details on how it works are on this site: https://www.earnforex.com/metatrader...unt-Protector/ Earnforex has many other EAs that you might be interested in. {file}
I couldn't attach these indicators or EA in chart,doesnt work.
Great strategy. I think this is not a Reverse Martingale but specifically, talk about money management. And it will give you a comfort zone if you follow the rules. About the entry, it can be anything with a simple strategy. Even without Reverse Martingale the R:R is already great with 1:2.


Regards,
Tom
Quoting fx4money
{quote} my ea.
where is your EA in the thread?
Quoting T4Trade
{quote} I couldn't attach these indicators or EA in chart,doesnt work.
The problem is that the Account Protector.mq4 EA had to be converted into an ex4 file. I converted it for you. The files Protector.mqh and Defines.mqh are not indicators but MQL5 Header files and must be copied to the "MQL4 Include" folder.
Attached File
File Type: ex4 Account Protector.ex4   404 KB | 198 downloads
Gosh I haven't been here for so long! I lost a lot of capital in 2016 and I totally left trading behind.
Good to see my post here is still active!
Quoting msg1987
Gosh I haven't been here for so long! I lost a lot of capital in 2016 and I totally left trading behind. Good to see my post here is still active!
I wish you the best for recovering the funds you lost.
hi Guys

i have this EA who is doing the Job ,
1- first trade is random.
2 - if the trade won he repeats
3- if the trade lose he reverse and he double the Size.

it's great.

but the Ea does not Open timely Trade after loss , he wait i don't why and then he opens next trade , can you help me understand why ?
Attached File
File Type: mq4 reverse-martingale-v1-01-MM-vol.mq4   13 KB | 511 downloads
Quoting wpacino
hi Guys i have this EA who is doing the Job , 1- first trade is random. 2 - if the trade won he repeats 3- if the trade lose he reverse and he double the Size. it's great. but the Ea does not Open timely Trade after loss , he wait i don't why and then he opens next trade , can you help me understand why ? {file}
Try running with fixed lots or lowering the risk as the lot size increase too much with the default risk after a couple of losses.
Quoting TraderTero
{quote} Try running with fixed lots or lowering the risk as the lot size increase too much with the default risk after a couple of losses.
Thanks for your fast replay , but the EA takes time even after a couple of win , you can try it and you will see that he does not open just straight after the win/loss , but he takes one Hour and then he decides to open , he is doing what even he wants , but he works fine.

can you please check ? i really believe that this Ea is great and can give good results.
Quoting wpacino
{quote} Thanks for your fast replay , but the EA takes time even after a couple of win , you can try it and you will see that he does not open just straight after the win/loss , but he takes one Hour and then he decides to open , he is doing what even he wants , but he works fine. can you please check ? i really believe that this Ea is great and can give good results.
As far as I can see, it uses some indicators to open trades, so it is not meant to open immediately a new trade after closing the previous one. Also, even if you start with 0.01 it will at some point try to open almost 10 lots with the default 2.5 martingale multiplier.
Quoting TraderTero
{quote} As far as I can see, it uses some indicators to open trades, so it is not meant to open immediately a new trade after closing the previous one. Also, even if you start with 0.01 it will at some point try to open almost 10 lots with the default 2.5 martingale multiplier.
If you martingale from 0.01 lot to 10 lots you're broke
Quoting TraderTero
{quote} As far as I can see, it uses some indicators to open trades, so it is not meant to open immediately a new trade after closing the previous one. Also, even if you start with 0.01 it will at some point try to open almost 10 lots with the default 2.5 martingale multiplier.
Thanks for your answer , this Ea opens always the Loss trades two time more nothing more. backtest shows that he lost 8 times in a raw maximum , which is great for martingale.

you can give it a try
Never seen a martingale works in the long run but may be the reverse one does.
I will have a look at it. Thank you.
Quoting xpace
Never seen a martingale works in the long run but may be the reverse one does. I will have a look at it. Thank you.
the dangerous fact of a martingale is the consecutive loss. now you can find brokers that give you the opportunity to use a micro account with 1 cent = PIP, so if you put 200 euro means you will lose your account when you will lose 15 times in a raw maybe which is quite hard.

with the backtest, I had the maximum consecutive losses was 6 times in a raw.

give it a try and just tell me if it worked for you as well.
True that. I will study on Excel first and see how far I can go.
Quoting wpacino
{quote} the dangerous fact of a martingale is the consecutive loss. now you can find brokers that give you the opportunity to use a micro account with 1 cent = PIP, so if you put 200 euro means you will lose your account when you will lose 15 times in a raw maybe which is quite hard. with the backtest, I had the maximum consecutive losses was 6 times in a raw. give it a try and just tell me if it worked for you as well.
You don't need a martingale to lose 6 times in a row I achieved that feat trading normally
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