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Sustainable Martingale EA and Strategy

  • Post #1
  • Quote
  • First Post: Feb 6, 2022 10:25pm Feb 6, 2022 10:25pm
hELLO,
I would like to invite people with share their experience with various martingale strategies. and their optimal settings.
Aim to start this thread is, to share experiences and seek guidance, as majority of people in Fx community trade Martingale positions but they use wrong multipliers or bad position sizing or wrong TP and Grid setups.
Consider martingale and averaging as a tool but not as a strategy.
There won't be a specific setting giving you a peace of mind money machine. You still need to find a general edge where you can build a strategy upon. Martingale can smoothen your balance curve indeed afterwards, but success here comes from the underlying strategy not the martingale settings.
Why are you placing this thread under "Rookie Talk". This strategy is for highly experienced traders. Newbies will surely lose their account if trading Martingale.
Read post #1 !! Then read it again 10 more times before you ask.
Quoting Drolph
Consider martingale and averaging as a tool but not as a strategy. There won't be a specific setting giving you a peace of mind money machine. You still need to find a general edge where you can build a strategy upon. Martingale can smoothen your balance curve indeed afterwards, but success here comes from the underlying strategy not the martingale settings.
Drolph. I never found the time to test Martingale. Do you earn real money on Martingale? Maybe I should give it a go.
Read post #1 !! Then read it again 10 more times before you ask.
The big problem with martingale is the fat tail risk!

At some point the market is going to move further than you have equity to support.
Quoting RiskFighter
{quote} Drolph. I never found the time to test Martingale. Do you earn real money on Martingale? Maybe I should give it a go.
Using my own coded systems for years and yes - averaging is part of them.
Despite the general bad image of systems using this technique I am making money here already longterm.
Quoting Drolph
{quote} Using my own coded systems for years and yes - averaging is part of them. Despite the general bad image of systems using this technique I am making money here already longterm.
Nice. I guess it is time that I sit down and make such a system.
Yes, it could broke the account - but until then you can earn money and make more accounts with the money, then it is ok if some of them brake down.
Read post #1 !! Then read it again 10 more times before you ask.
Quoting Drolph
{quote} Using my own coded systems for years and yes - averaging is part of them. Despite the general bad image of systems using this technique I am making money here already longterm.
What do you mean by averaging? Sorry if this is a well known term, I haven't investigated Martingale before. Is it averaging money between accounts?
Read post #1 !! Then read it again 10 more times before you ask.
Quoting RiskFighter
{quote} What do you mean by averaging? Sorry if this is a well known term, I haven't investigated Martingale before. Is it averaging money between accounts?
When applying grid and/or martingale techniques you are (mostly) adding additional trades to open/existing ones. Doing so you are averaging your price level of getting/beeing in the greens at the cost of an increasing risk by having a larger exposure.
Quoting Drolph
{quote} When applying grid and/or martingale techniques you are (mostly) adding additional trades to open/existing ones. Doing so you are averaging your price level of getting/beeing in the greens at the cost of an increasing risk by having a larger exposure.
I understand. Thank you.

I think it is time for me to investigate the system and build some robots.

Have nice day!
Read post #1 !! Then read it again 10 more times before you ask.
Quoting RiskFighter
{quote} I understand. Thank you. I think it is time for me to investigate the system and build some robots. Have nice day!
Haha! Nice try robot!
Quoting BinhAutoDat
{quote} Haha! Nice try robot!
What do you mean??
Read post #1 !! Then read it again 10 more times before you ask.
Quoting RiskFighter
Why are you placing this thread under "Rookie Talk". This strategy is for highly experienced traders. Newbies will surely lose their account if trading Martingale.
what you said is true... i did not see it if u know how i can change it, then u can let me know.
Quoting Drolph
{quote} Using my own coded systems for years and yes - averaging is part of them. Despite the general bad image of systems using this technique I am making money here already longterm.
I also agree , I have been trading Martingale systems from 2015 till date and successfully make money every month but with a large draw down.. the fatal point is when you see large draw down, as markets break all time lows... i know solution to it, as candle close on price open/close on new order in grids, but there ia lot to study on it.
Quoting RiskFighter
{quote} What do you mean??
I mean I got you!
(kidding)
I don't think it's possible to have a profitable & low risk martingale...at one moment you'll end up with a trend, and will never close the last order in profit to make up for all the previous losses...then youre screwed
Quoting ionone
I don't think it's possible to have a profitable & low risk martingale...at one moment you'll end up with a trend, and will never close the last order in profit to make up for all the previous losses...then youre screwed
i disagree. i have made a EA that is a low risk and highly profitable martingale
Quoting Treptrader
{quote} i disagree. i have made a EA that is a low risk and highly profitable martingale
please send it to me (with a time limit) and i'll test it
Quoting ionone
{quote} please send it to me (with a time limit) and i'll test it
what do you mean time limit? and i have been trading wit it for awhile now testing would just be for u cuz i already tested
Quoting Drolph
{quote} Using my own coded systems for years and yes - averaging is part of them. Despite the general bad image of systems using this technique I am making money here already longterm.
Hello Drolph

I will not ask you to reveal your secrets, so just say no if I am getting to close. I have found the Zone Recovery system and made the robot. I am taking the trades manually using some confluence indicators. Then the robot is handling the rest, taking new trades etc.

Now such a system can be used on all kinds of instruments. Some instruments will provide faster results than others, but it is possible. The problem is the differens in volatility. The Zone needs to match volatility. I think it is necessary to fit the zone on basis of some kind of ATR.

  1. Do you use ATR for deciding the zones on different instruments og do you set it out of experience?
  2. Can you point in a direction about how large a Zone should be used?

As I said, it is ok to not answer.

Read post #1 !! Then read it again 10 more times before you ask.
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