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Martingale Baggio Method

  • #61
  • Feb 14, 2008 1:33pm Feb 14, 2008 1:33pm
hi rama,

that's great... i will give this a go...

could you also code the time that we want to trade to open and all trades to be closed, that would be great.

thanks,
guess

Quoting Rama
As lot size is determine with this formula = (Previous or InitialLotSize) x FactorPips x Salto, just put value 0 (cero) to FactorPips. And the EA never place a second order.

If you only want to disable Salto, put value 1 (one). It doesn't matter OrdenSalto value.

Be carefull, the EA don't use stop loss.

Rama
  • #62
  • Feb 14, 2008 2:18pm Feb 14, 2008 2:18pm
hi rama,

also about this EA, i was just going through a couple of things, can you confirm this, as i don't think this ea does it and was wondering if you could code this.

if i open an order in one direction, when i hit stop loss, will it open an order in the opposite direction? when that stop loss is hit, will it then open the order in the opposite direction, etc.

thanks,
guess
  • #63
  • Feb 14, 2008 6:29pm Feb 14, 2008 6:29pm
Quoting madscalp
Hi Rama
Congratulations for your work.
Just a question to get the Holy Grail http://www.forexfactory.com/images/icons/icon10.gif
Can you make a manual entry option (MEO) in the EA ?
Thus, we can choose the entry ( buy or sell ) and then the EA works alone.
Best regards.
Hi guess,
I'm developing an EA, and testing it on a real account since today, that manages orders entered manually.

This means you force a trade and then the EA applies martingale money management following the method we are talking about on this thread.

I suppose it will be finished this weekend.

There will be other improvements on EA (better close all orders, etc.).

What I don't like of the EA is that there is too many parameters. This gives flexibility, but you must be very carefull with the settings.

I suggest and use to save each pair setting on experts\presets folder.

Regards,

Rama
  • #64
  • Feb 14, 2008 6:50pm Feb 14, 2008 6:50pm
Quoting guess121
hi rama,

also about this EA, i was just going through a couple of things, can you confirm this, as i don't think this ea does it and was wondering if you could code this.

if i open an order in one direction, when i hit stop loss, will it open an order in the opposite direction? when that stop loss is hit, will it then open the order in the opposite direction, etc.

thanks,
guess
This EA doesn't work like that. It doesn't use stop loss nor reverse orders.

EA opens orders when prices crosses Smoothed MA 100. If price goes against your position, it places another similar order with lot size doubled.

I follows an strict martingale money management.

Martingale don't reverse position. If you are betting black, you don't change the colour and double your bet. You just keep betting black and doubling your bet.

I read about your idea on forexfactory, but i didn't explore it yet. There is an EA also. Just search it.

To avoid a margin call use micro lots. On backtests EA isn't very profitable: 40% to 80% per year, with 10% to 60% max draw down.

But it works for me. I'm appling it on 5 pairs with micro lots. I expect a 20% profit on each one, looking for an annual profit target of 100% with no more than 5% draw down.

Regards,

Rama
  • #65
  • Feb 15, 2008 1:54am Feb 15, 2008 1:54am
Quoting Rama
Hi guess,
I'm developing an EA, and testing it on a real account since today, that manages orders entered manually.

This means you force a trade and then the EA applies martingale money management following the method we are talking about on this thread.

I suppose it will be finished this weekend.

There will be other improvements on EA (better close all orders, etc.).

What I don't like of the EA is that there is too many parameters. This gives flexibility, but you must be very carefull with the settings.

I suggest and use to save each pair setting on experts\presets folder.

Regards,

Rama
It's exactly what I wanted.
Thus we can get the possibility to enter a trade manually from a own signal and after the EA works normally with its own settings.
You are the best, Rama.
You can call this EA the Super Rama EA http://www.forexfactory.com/images/icons/icon10.gif http://www.forexfactory.com/images/icons/icon10.gif
  • #66
  • Feb 15, 2008 9:59am Feb 15, 2008 9:59am
Quoting Rama
Hi guess,
I'm developing an EA, and testing it on a real account since today, that manages orders entered manually.

Rama

Hello Rama,

So, how was the Real acc? And what version r u using? I´m testing the original MA v2.1 with good results.
R u using the same setings: TakeProfit=34; PipsStep=32; MaxTrades=8; FactorLot=2.05.?

Regards,
  • #67
  • Feb 17, 2008 7:01pm Feb 17, 2008 7:01pm
Quoting Numeral
Hello Rama,

So, how was the Real acc? And what version r u using? I´m testing the original MA v2.1 with good results.
R u using the same setings: TakeProfit=34; PipsStep=32; MaxTrades=8; FactorLot=2.05.?

Regards,
I started trading this on real acc. on 02/06/2008. So it's too early to say good or bad. Until 02/15/2008 account balance (and equity) was 2.8%. No floating P/L.

Forecast of this 2.8% in 9 days shows a 113% annual. This is may target.

About setings, yes I'm using the same.

Regards.

Rama
  • #68
  • Feb 17, 2008 8:16pm Feb 17, 2008 8:16pm
Hi guys,
This weekend I was testing original Bagovino's trading method: 5 ema crossing 12 ema, and rsi 21 above or below 50.

Results aren't good enough on back tests. I think this method is excellent on manual trading, because you can confirm enter signals visually. All the algorithms of crossing indicators are difficult to code, and always give wrong signals. I read an article on www.mql4.com/554 that says - in other words - this is the real challenge on coding EAs.

But looking at charts I realized and confirmed that 100 smoothed moving average rules price.

On every blown up of account on back test of Original Bagovino’s Method, the reason was the same: order was entered too far from SMA 100 against the main trend.

Attached is the Original Bagovino's Method EA. It’s yours. Test it at your own taste and risk.

This returned me to the SMA 100, which is the base of the MA Martingale v2.x (all versions).

What I was trying to see on charts was the path of prices. The top and bottom lines drawing left and right borders of prices highway, continuously moving forward, up or down.

It was so simple like add four levels on SMA100 indicator on GBPUSD pair: 120, 60, -60 and -120.

This gave me the image I was looking for. And an idea to improve MA Martingale v2.1 profits. So I developed and added a new enter signal that gives the results showed on reports attached. They are really amazing.

As the hard work is done thanks to MA Martingale v2.2, I’m working now on a PDF file to document all parameters, with good explanations and complete examples.

I think this could be the start of a new thread because it’s very different from Bagovino’s method.

Be patient.

I’m also uploading now the MA Martingale v2.2 with manual trading option, restart problems fixed, and some more, but I didn’t finish forward testing it. Be careful on real accounts.

You only need to put number 0 or 1 on ForceOrderType, and in the next tick the order is entered. With the first order entered, return ForceOrderType to 6 immediately.

This is not the idea I have on a Manual Trading EA. I’m working on one with the six alternatives: BUY, SELL, (B & S) LIMIT AND (B & S) STOP, with no indicators.

More patient, and good trades.

Regards.

Rama
Attached File(s)
File Type: zip MA Martingale v2.2.zip   15 KB | 833 downloads
File Type: mq4 Bagovino Martingale v1.0.mq4   17 KB | 809 downloads
File Type: zip Martingale V3.0 reports.zip   486 KB | 690 downloads
  • #69
  • Feb 18, 2008 12:17am Feb 18, 2008 12:17am
Great work, Rama
We are waiting for explanations because there are many new parameters.
Regards
  • #70
  • Feb 18, 2008 7:03am Feb 18, 2008 7:03am
Thanks Rama.
You r making a fantastic work.

This idea is great.

I´m also looking for this Daily Stoch Sytem,
http://www.forexfactory.com/showthread.php?t=69151

and trying to see how make it better with martingale.

One thing i know. This is the right path!

Regards
  • #71
  • Edited 10:34am Feb 18, 2008 8:45am | Edited 10:34am
Quoting Numeral
Thanks Rama.
You r making a fantastic work.

This idea is great.

I´m also looking for this Daily Stoch Sytem,
http://www.forexfactory.com/showthread.php?t=69151

and trying to see how make it better with martingale.

One thing i know. This is the right path!

Regards
You are right, Numeral
It's also an interesting thread.
  • #72
  • Feb 18, 2008 1:54pm Feb 18, 2008 1:54pm
Quoting Rama
Hi guys,
This weekend I was testing original Bagovino's trading method: 5 ema crossing 12 ema, and rsi 21 above or below 50.

Results aren't good enough on back tests. I think this method is excellent on manual trading, because you can confirm enter signals visually. All the algorithms of crossing indicators are difficult to code, and always give wrong signals. I read an article on www.mql4.com/554 that says - in other words - this is the real challenge on coding EAs.

But looking at charts I realized and confirmed that 100 smoothed moving average rules price.

On every blown up of account on back test of Original Bagovino’s Method, the reason was the same: order was entered too far from SMA 100 against the main trend.

Attached is the Original Bagovino's Method EA. It’s yours. Test it at your own taste and risk.

This returned me to the SMA 100, which is the base of the MA Martingale v2.x (all versions).

What I was trying to see on charts was the path of prices. The top and bottom lines drawing left and right borders of prices highway, continuously moving forward, up or down.

It was so simple like add four levels on SMA100 indicator on GBPUSD pair: 120, 60, -60 and -120.

This gave me the image I was looking for. And an idea to improve MA Martingale v2.1 profits. So I developed and added a new enter signal that gives the results showed on reports attached. They are really amazing.

As the hard work is done thanks to MA Martingale v2.2, I’m working now on a PDF file to document all parameters, with good explanations and complete examples.

I think this could be the start of a new thread because it’s very different from Bagovino’s method.

Be patient.

I’m also uploading now the MA Martingale v2.2 with manual trading option, restart problems fixed, and some more, but I didn’t finish forward testing it. Be careful on real accounts.

You only need to put number 0 or 1 on ForceOrderType, and in the next tick the order is entered. With the first order entered, return ForceOrderType to 6 immediately.

This is not the idea I have on a Manual Trading EA. I’m working on one with the six alternatives: BUY, SELL, (B & S) LIMIT AND (B & S) STOP, with no indicators.

More patient, and good trades.

Regards.

Rama
I'm afraid there is a problem with v2.2.
No trade for 12 hours on three pairs!
With ForceOrderTrade, it's the same thing
since with option 1 or option 2, there is nothing which starts.
I don't understand.
Maybe a setting problem ?
  • #73
  • Feb 18, 2008 4:24pm Feb 18, 2008 4:24pm
Quoting madscalp
I'm afraid there is a problem with v2.2.
No trade for 12 hours on three pairs!
With ForceOrderTrade, it's the same thing
since with option 1 or option 2, there is nothing which starts.
I don't understand.
Maybe a setting problem ?
Hi madscalp,

If you don’t see a smiley face on the top right corner of the chart you must allow expert trading. Press F7 and mark case “Allow live trading” on common page.

Be sure you copied new files AllOrdersContro.mq4 and info.mq4 to c:\program files\metatrader4\experts\include folder.

EA parameter “StopTrading” must be set to false.

And finally allow experts execution by pressing central bottom of tool bar, beside MetaEditor bottom. It must change a red stop simbol to a green play one.

You must see on the top left corner of chart, below market data (pair, open, high, low, and close) five row with this text:
Ordenes Abiertas: 0 Secuencia 1 de 9 Last Lot Size: 0
Account Balance: ####
Account Equity: ####
Free Margin: ####

See chart attached.

If it doesn’t work there is another problem.

Good luck.

Rama
Attached Image (click to enlarge)
Click to Enlarge Name: setting.gif Size: 18 KB
  • #74
  • Feb 18, 2008 4:41pm Feb 18, 2008 4:41pm
Quoting Numeral
Thanks Rama.
You r making a fantastic work.

This idea is great.

I´m also looking for this Daily Stoch Sytem,
http://www.forexfactory.com/showthread.php?t=69151

and trying to see how make it better with martingale.

One thing i know. This is the right path!

Regards
Numeral:
I have a few problems with this deal:
1. It is too much work start studing a new system now. I'm open to new ideas, and also search and reading what ever i find, but in the same row of thought. Now is too much work for me. I prefer to concentrate efforts on the SMA 100 method.

2. I want to finish MA Martingale 3 as last version of this system. If you can have a strong EA. This will free time to study a new one.

3. I have a serious problem with stoch, I don't undestand it. I don't know how to read it. I read theory, but I find it hard to code. It uses close price, and this make permanent changes on indicator. Very difficult to code.

If you could be more specific on what are proposing about Stoch to add MA Martingale, it will be helpfull.

Thanks for the links, they are very intresting. I hope I could spend more time to analyze them.

Regards.

Rama
  • #75
  • Feb 18, 2008 6:18pm Feb 18, 2008 6:18pm
Madscalp:
You were wright, there is a mistake on version 2.2

Here is EA again with problem fixed.

I typed twice return(0) on init() function of the EA. This make it start and exit immediatly.

Sorry by the error. This happened because i didn't test it enough. That's the reason i'm going to take all the week to test version 3.

Then you can help making your own tests.

Thanks you for the advice.

Regards.

Rama
Attached File(s)
File Type: mq4 MA Martingale v2.2.mq4   19 KB | 729 downloads
  • #76
  • Feb 18, 2008 8:38pm Feb 18, 2008 8:38pm
Quoting Rama
Numeral:
I have a few problems with this deal:
1. It is too much work start studing a new system now. I'm open to new ideas, and also search and reading what ever i find, but in the same row of thought. Now is too much work for me. I prefer to concentrate efforts on the SMA 100 method.

2. I want to finish MA Martingale 3 as last version of this system. If you can have a strong EA. This will free time to study a new one.

3. I have a serious problem with stoch, I don't undestand it. I don't know how to read it. I read theory, but I find it hard to code. It uses close price, and this make permanent changes on indicator. Very difficult to code.

If you could be more specific on what are proposing about Stoch to add MA Martingale, it will be helpfull.

Thanks for the links, they are very intresting. I hope I could spend more time to analyze them.

Regards.
Rama
Rama, you r right! We need Keep It Simple. "MA Martingale" it´s becoming a great EA (its already very good). And tt´s good concentrate injust few things, to do the best possible.



Stoch its a bit simple too, this is part of one good stoch ea;

----------------------------------------------------
extern string sq="--STOCH SETTING--";
extern int K_Period = 14;
extern int D_Period = 3;
extern int Slow_Period = 3;
extern int Stoch_TF = 60;
extern int H_level =97;
extern int L_level =3;
extern string ChooseLineMode="Choose 1=mode main, 2=mode signal";
extern int stochlinemode = 1;
extern string ChooseeMAMode="Choose 1=mode SMA, 2=mode LWMA, 3=mode EMA";
extern int stochMAmode = 1;
extern bool ExitWithSTOCH=False;

---------------------------------------------------------

int OpenOrdersBasedOnSTOCH()
{
int myOrderType=3;
double modest;
switch (stochlinemode)
{
case 1:
modest=MODE_MAIN;
break;
case 2:
modest=MODE_SIGNAL;
break;
default:
modest=MODE_MAIN;
break;
}

double mamode;
switch (stochMAmode)
{
case 1:
modest=MODE_SMA;
break;
case 2:
modest=MODE_LWMA;
break;
case 3:
modest=MODE_EMA;
break;
default:
modest=MODE_SMA;
break;
}
double stoch, stoch1, stoch2;
//---- long Stochastic indicator
stoch = iStochastic(NULL,Stoch_TF,K_Period,D_Period,Slow_Period,mamode,0,modest,0);
stoch1 = iStochastic(NULL,Stoch_TF,K_Period,D_Period,Slow_Period,mamode,0,modest,1);
stoch2 = iStochastic(NULL,Stoch_TF,K_Period,D_Period,Slow_Period,mamode,0,modest,2);

//---- lot setting and modifications
//Sell order
// if(previousstoch>H_level && currentstoch<H_level)
if(stoch<H_level && stoch1>H_level && stoch2>H_level)

{
myOrderType=1;
}

//buy order
// if(previousstoch<L_level && currentstoch>L_level)
if(stoch>L_level && stoch1<L_level && stoch2<L_level)

{
myOrderType=2;
}

return(myOrderType);
}
  • #77
  • Feb 18, 2008 9:56pm Feb 18, 2008 9:56pm
Hi,

thanks for this interesting idea and thread.

I get an error info.mq4 not found.

I searched the web for it and found one version, but i think its not the same as the one u use. When placed in the include folder, i still get 3 other errors.

I dont have any errors with allorderscontrol

So, please post here your version of info.mq4 which i suppose needs to be placed in the include folder for this EA to function

thanks
  • #78
  • Feb 19, 2008 2:43am Feb 19, 2008 2:43am
Rama,
I'd just like to get an explanation about Force Open Trade.
If the choice is 1 (buy) , the EA buys immediately. Right ?
If it's 2 (sell), it sells.
Because these two options don't work even with the new version.
  • #79
  • Feb 19, 2008 5:58am Feb 19, 2008 5:58am
Quoting efextrader
Hi,

thanks for this interesting idea and thread.

I get an error info.mq4 not found.

I searched the web for it and found one version, but i think its not the same as the one u use. When placed in the include folder, i still get 3 other errors.

I dont have any errors with allorderscontrol

So, please post here your version of info.mq4 which i suppose needs to be placed in the include folder for this EA to function

thanks
Hi Efex, this file was posted yesterday.
  • #80
  • Feb 19, 2008 6:08am Feb 19, 2008 6:08am
Quoting madscalp
Rama,
I'd just like to get an explanation about Force Open Trade.
If the choice is 1 (buy) , the EA buys immediately. Right ?
If it's 2 (sell), it sells.
Because these two options don't work even with the new version.
Madscalp, it´s working fine here. I test with 3 diferents pairs.
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