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Martingale Baggio Method

  • #221
  • Mar 29, 2008 9:29am Mar 29, 2008 9:29am
Quoting madscalp
Just a question about MM.
Why with MM=true, a balance of $ 3000 for only one pair after the 6th trade on a sequence, the EA displays "Not enough margin" ?
Impossible to reach the 9th !
I think there is a problem of management (maybe a wrong feature of risk) and I prefer to put MM=false and fix myself the initial lot.
Could you post your set for the pair EURJPY ?
Regards.
What determines the margin usage are always, and only the following parameters: InitialFixedLots, risk , PipsStep, OrdenSalto, Salto, FactorLot and FactorPip.

No other one.

"mm" parameter does not determine, in any way, margin usage. It simply allows EA apply this formula: AccountBalance()*risk/Account Leverage (i.e. 3.000*0.15/10000 = 0.045 lots, rounded to 0.05).

If "mm" is disabled EA does not calculate initial lot as percentaje of balance. It uses InitialFixedLot.

If you don't have enough margin depends on values set on the parameters mentioned. Which are they?

Rama
  • #222
  • Mar 29, 2008 9:38am Mar 29, 2008 9:38am
Quoting Xaron
Thanks Rama for the spreadsheet!

As far as I see you've changed some parameters? You use a factor of 1.9 instead of 2.05 but a TP of 44 now for the EUR/JPY? Do you use still the reverse signal and 1h chart on the EUR/JPY like in your PDF file?

Regards - Xaron
I keep the original parameters if trailing stop is set to false. They work fine on 30m or 1h.

44 TP is just for give room with trailing stop parameter set to true.

1.9 is because i still have a low balance. I need to make a new deposit or accumulate profits.

Regards

Rama
  • #223
  • Mar 29, 2008 10:00am Mar 29, 2008 10:00am
Quoting raktrader
I am having trouble loading .mq4 files onto my charts, can someone please tell me how to do it please.
Download file "MA Martingale v3.0.zip" and read pdf with the same name saved in it.

I also suggest read posts 30, 31, and 99.

If it doesn't work, post again specifying wich is the trouble.

Good luck.

Rama
  • #224
  • Mar 30, 2008 4:34am Mar 30, 2008 4:34am
My problem is that I am trying to include an indicator from another thread, I can save it but cannot upload it, once it has been saved, just wanted to know the procedure. I think you have to save to your expert indicator folder, this is what I am having trouble with, how do I save to my expert indicator folder, and then insert it to my charts.
  • #225
  • Mar 30, 2008 4:58am Mar 30, 2008 4:58am
Quoting raktrader
My problem is that I am trying to include an indicator from another thread, I can save it but cannot upload it, once it has been saved, just wanted to know the procedure. I think you have to save to your expert indicator folder, this is what I am having trouble with, how do I save to my expert indicator folder, and then insert it to my charts.
Oh you're a newbie http://www.forexfactory.com/images/icons/icon10.gif
It's easy: once the indicator has been introduced in expert folder > indicator, close Metatrader and restart it.
Then click Display > Navigator and normally you must find your indicator in the column "Programmed Indicators".
Right Click on your indicator then Chart attach.
  • #226
  • Apr 1, 2008 6:20pm Apr 1, 2008 6:20pm
I really love EURJPY.

Look what beautyfull movements.

It gives 3% daily average profit.

It seems it doesn't matter when you enter the market!!

Rama
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.gif Size: 26 KB
  • #227
  • Apr 2, 2008 12:17am Apr 2, 2008 12:17am
Quoting Rama
I really love EURJPY.

Look what beautyfull movements.

It gives 3% daily average profit.

It seems it doesn't matter when you enter the market!!

Rama
I fully agree.
Could you post your used preset for EURJPY ?
Thanks.
  • #228
  • Edited 2:53am Apr 2, 2008 2:31am | Edited 2:53am
Good morning,

I think I've found a bug. Something strange had happened last night in the USD/JPY. Currently I trade 3 pairs, GBP/JPY, GBP/USD and USD/JPY. I've set TradesCriticQtty to 6, so no new trades had been opened for GBP/JPY and GBP/USD as I entered the 6th progression exactly at 10:00am (EST, which is 15:00 GMT). No other trades but the USD/JPY was open.

The 7th progression was entered at 15:24 GMT, the 8th at 15:44 using 1.39 lot (I start with 0.01).
At 00:58 GMT the complete grid was closed (I use no trailing stop for USD/JPY) at 101.59.

Then the strange happened: The progression did not start at 0.01 lot again but continued with 2.85 lot at 01:00 GMT + 5.84 lot at 01:55 GMT! Again short orders which should not had been opened anymore! Luckily the EA closed both positions at 02:37 GMT with a small loss...

I've attached the statements and a screenshot + my preset file. After that everything went to normal...

edit: I've added the MT4-log. Looks like there was a disconnect. It logged in at 01:06:20 (GMT +1)

Regards - Xaron
Attached Image(s) (click to enlarge)
Click to Enlarge Name: statement.png Size: 15 KB
Click to Enlarge Name: usdjpy.png Size: 14 KB
Attached File(s)
File Type: txt usdjpy.txt   < 1 KB | 420 downloads
File Type: txt mt4-log.txt   5 KB | 547 downloads
  • #229
  • Apr 2, 2008 8:47am Apr 2, 2008 8:47am
Quoting Xaron
Good morning,

I think I've found a bug. Something strange had happened last night in the USD/JPY. Currently I trade 3 pairs, GBP/JPY, GBP/USD and USD/JPY. I've set TradesCriticQtty to 6, so no new trades had been opened for GBP/JPY and GBP/USD as I entered the 6th progression exactly at 10:00am (EST, which is 15:00 GMT). No other trades but the USD/JPY was open.

The 7th progression was entered at 15:24 GMT, the 8th at 15:44 using 1.39 lot (I start with 0.01).
At 00:58 GMT the complete grid was closed (I use no trailing stop for USD/JPY) at 101.59.

Then the strange happened: The progression did not start at 0.01 lot again but continued with 2.85 lot at 01:00 GMT + 5.84 lot at 01:55 GMT! Again short orders which should not had been opened anymore! Luckily the EA closed both positions at 02:37 GMT with a small loss...

I've attached the statements and a screenshot + my preset file. After that everything went to normal...

edit: I've added the MT4-log. Looks like there was a disconnect. It logged in at 01:06:20 (GMT +1)

Regards - Xaron
Hi Xaron,
Thanks for the information. I will check it immediatlly.

This kind of coding could be tested only on forward, no way on back test.

Regards.

Rama
  • #230
  • Apr 2, 2008 8:54am Apr 2, 2008 8:54am
Thanks Rama!

It might have something to do with the grid which wasn't closed in time?

Inserted Code
01:59:37 'XXXX': order #797217 sell 0.02 USDJPY at 99.84 sl: 0.00 tp: 99.48 closed at price 101.59
01:59:37 'XXXX': close order #795198 sell 0.01 USDJPY at 99.50 sl: 0.00 tp: 99.14 at price 101.57
01:59:39 'XXXX': request was accepted by server
01:59:39 'XXXX': request in process
01:59:41 'XXXX': order #795198 sell 0.01 USDJPY at 99.50 sl: 0.00 tp: 99.14 closed at price 101.59
01:59:56 'XXXX': instant order sell 2.85 USDJPY at 101.54 sl: 0.00 tp: 100.16
01:59:56 'XXXX': request was accepted by server
01:59:56 'XXXX': requote 101.56 / 101.59 for open sell 2.85 USDJPY at 101.54 sl: 0.00 tp: 100.16
02:00:37 'XXXX': instant order sell 2.85 USDJPY at 101.54 sl: 0.00 tp: 100.16
02:00:39 'XXXX': request was accepted by server
02:00:40 'XXXX': request in process

If you look at the time codes there were some requotes as the EA tried to close the grid down. Maybe the EA thought about to open a new order because the grid wasn't closed fast enough? Just a guess...

Regards - Xaron
  • #231
  • Apr 2, 2008 9:36am Apr 2, 2008 9:36am
Xaron:
There is a log file created by the EA, not MT4 terminal.

It has information I coded to be displayed, with more details.

Could you please post it?

The file is on c:\program files\metatrader\experts\files\logs\Log_2000(USDJPYm,30m)


Its name may be: Start_2008.03.01.txt It creates a new one each new day you restart EA. You can also delete them at any time you want.

If you keep loaded the EA for many days, its name will be the starting day.

I could see some requotes, but what happened is that the variables weren't updated (resettled to cero). As if the EA didn't notice that martingale get closed.

Rama
  • #232
  • Apr 2, 2008 9:40am Apr 2, 2008 9:40am
Hi Rama,

I've attached the log files for all 3 pairs (I've just renamed them to attach them here)

Thanks and best regards - Xaron
Attached File(s)
File Type: txt gbpjpy - Start_2008.03.31.txt   4 KB | 478 downloads
File Type: txt gbpusd - Start_2008.03.31.txt   3 KB | 371 downloads
File Type: txt usdjpy - Start_2008.03.31.txt   3 KB | 427 downloads
  • #233
  • Apr 2, 2008 10:39am Apr 2, 2008 10:39am
Quoting Xaron
Hi Rama,

I've attached the log files for all 3 pairs (I've just renamed them to attach them here)

Thanks and best regards - Xaron
I think i founded the problem: order #805294 couldn’t be closed after 5 retries. EA gives up at 01:59:36 (“No se pudo cerrar orden: 805294 Error: 0 no error).

Then continued closing the rest of the martingale. And when it finished, remain opened order 805294.

As you can see on your account report, this order was closed at 03:37 at 101,75 price with the two following orders after “the problem” appeared.

Now is clear for me what was the problem.

I’m working on it.

Mean while, if you don’t use trailing stop, I recommend use TrailingProfit = true. This will change take profit to the same price (take profit price of the last order). This has the advantage that orders will get closed on your broker’s server. Your computer could be disconnected. Is the most effective way to close a martingale.

Sorry for this bug. I’m going to correct it.

Good luck.

Regards

Rama
  • #234
  • Apr 2, 2008 1:15pm Apr 2, 2008 1:15pm
Thanks Rama! You don't have to apologize!

Regards - Xaron
  • #235
  • Apr 2, 2008 2:35pm Apr 2, 2008 2:35pm
I’m confused. I can’t find why EA skipped this line:
"if (PreviousOpenOrders>_ExpertOrdersTotal && _ExpertOrdersTotal > 0 && !TrailingStop)"

At 01:59:41 closed last martingale’s order (#795198), remaining opened ticket #805294.

Fifteen seconds later, at 01:59:56 continued opening orders as martingale’s was still open.

Xaron, could be possible that you pressed at that moment “Expert Advisors” bottom on your trading terminal, just for the few 15 seconds between server closing confirmation and the new order (01:59:41 to 01:59:56)?

What I found is that a RefreshRates() when opening, closing and modifying orders helps to avoid requoting.

Supposing that line could be skipped, the values necessary for the opened order are inconsistent with those settled during closing procedure. An EA execution interruption must be necessary for that.

I’m going to follow this closely, but for the moment, the only improve was the refresh rates command.

Rama
  • #236
  • Apr 3, 2008 1:30am Apr 3, 2008 1:30am
Hi Rama,

at that time I was sleeping.

But using your TrailingProfit should solve this problem anyway.

Regards - Xaron
  • #237
  • Apr 6, 2008 7:27pm Apr 6, 2008 7:27pm
Quoting Rama
As you can see it takes too much work, so I hope nobody sell it in internet.

You must set “TradeCriticQtty” parameter with the order number in a martingale from where the red light is on for the rest of the EAs executing on the same terminal.

Suppose you want to stop trading automatically on the other pairs when one of them open order 4. Set TradeCriticQtty = 4 on each EA and timeframe. Minimum value could be 1, maximum value could be MaxTrades.

This only lights on semaphore’s red light. It doesn’t close any order. The opened orders will follow their natural way, and when (if) they get closed, each EA without opened orders will stop starting new trading.

This new parameter uses a global variable you can see, delete and modify manually at any moment you want, by pressing F3 on your terminal.

If its value is cero, there aren’t critic trades open. If a critic trade is opened, global variable CriticTrade, will show Magic Number of the EA managing that martingale.

To disable this parameter, simply set it value with a number bigger than MaxTrades.
Rama
I will start the test of this new function.
You are always in front. When I think in flour, you come with the cake. (Me too, i hope nobody sale it on the Internet, its a amazing ea)

Regards
  • #238
  • Apr 8, 2008 5:25am Apr 8, 2008 5:25am
Hi Rama,

had another problem today with the GBP/USD. The EA did open with 0.16 lots two times instead doubling up to 0.32...

I've attached the EA log file. For me it looks like the last try to open a 0.16 lot order was ok, but the EA thought it wasn't ok?

Regards - Xaron
Attached Image (click to enlarge)
Click to Enlarge Name: statement.png Size: 9 KB
Attached File(s)
File Type: txt 20080408.txt   4 KB | 788 downloads
  • #239
  • Apr 8, 2008 7:38pm Apr 8, 2008 7:38pm
Hi Xaron:
I could see on the log file posted that you are running the first version with trailing stop.
There is a sentence that shows you the breakeven price and the time it has been reached that level (i.e.12:04:46 MA Martingale v3.3 GBPUSD,M30: BreakEvenPrice :1.9796)

I abandoned this functionality because I cuts profits. As Numeral posted before, trailing stop doesn’t work, specially with small difference between take profit and stop loss prices.

The important here is that the version you are running is like a beta version. Not fully tested. So try the one uploaded now. I’m running it on a VPS, without any problems.

I understand now why it have no sense the closing problem you have had.

Version 3.31 has trailing stop for martingales with more than one opened order. It doesn’t use breakeven price as stop loss. It places stop loss at enter price of the last order remaining opened plus spread, when each take profit is hit.

So if you use a PipsStep price to close from TakeProfit, you will have problems modifying the order’s stop loss.

You must copy ChartWindow.mqh on experts\include folder before compile the EA. This detects chart’s background color (black or white) and modifies the color on top left corner.

Good luck.

Rama
Attached File(s)
File Type: mq4 MA Martingale v3.31.mq4   46 KB | 688 downloads
File Type: mqh ChartWindow.mqh   < 1 KB | 687 downloads
  • #240
  • Apr 9, 2008 2:04am Apr 9, 2008 2:04am
Thanks so much Ramiro! Please don't feel stressed. Even if this EA would blow my account I'd take the responsibility for this of course. It's only a small account.

Regards - Xaron
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