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Martingale Baggio Method

  • #241
  • Apr 9, 2008 8:21am Apr 9, 2008 8:21am
Quoting Rama
So try the one uploaded now. I’m running it on a VPS, without any problems.

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

Aham! Good! Now i don´t need to change the background color!!

Rama, what is the VPS u r using? I don´t know how use it yet, but i think can be a good choice for me with only one computer.

Thanks
  • #242
  • Apr 9, 2008 8:49am Apr 9, 2008 8:49am
Rama

I am currently using your MA Martingale EA 3.0 and the MACDSTOCH Martingale, and both are working like a charm. Thanks for sharing. I was wondering if you could make one modification to them, sort of custom as I am not sure others would be to interested in the change. I was wondering if you could modify in the "EmergencyClose_desc" from moving to a break even, to just closing the run and all the trades in the run, even though it would be at a loss, and then just have it immediately start again through the progresion. Thanks again for a great EA.
  • #243
  • Apr 9, 2008 9:00am Apr 9, 2008 9:00am
Hi Xaron..
With wich broker are you running this ea on? Alpari?
  • #244
  • Apr 9, 2008 9:17am Apr 9, 2008 9:17am
Yes, Alpari UK.
  • #245
  • Apr 9, 2008 5:22pm Apr 9, 2008 5:22pm
Quoting Numeral
Aham! Good! Now i don´t need to change the background color!!

Rama, what is the VPS u r using? I don´t know how use it yet, but i think can be a good choice for me with only one computer.

Thanks
The VPS I’m using was founded here in forexfactory. I think there is no problem to post the link, because it is already posted in this web: http://www.commercialnetworkservices.com/

It is really useful. Today for example, was a crazy one for my computers: At midmorning a machine working in the street cut a main electricity cable, so full energy gone away on a wide zone. And my orders recently opened, alone …

At midday, I could return home, and founded another problem: telephone line was out of order. And my orders recently opened, alone …


It was incredibly crazy what happened.

Just a few minutes ago from now I could recover my home telephone line. Logged on the VPS, and it makes $4 on a $750 balance, and keep running. I think that without the VPS today I could blow up my account (again).

I think with conservative parameters could be a milk cow.

Rama
  • #246
  • Apr 9, 2008 5:56pm Apr 9, 2008 5:56pm
Quoting Jacob 6:12
Rama

I am currently using your MA Martingale EA 3.0 and the MACDSTOCH Martingale, and both are working like a charm. Thanks for sharing. I was wondering if you could make one modification to them, sort of custom as I am not sure others would be to interested in the change. I was wondering if you could modify in the "EmergencyClose_desc" from moving to a break even, to just closing the run and all the trades in the run, even though it would be at a loss, and then just have it immediately start again through the progresion. Thanks again for a great EA.
Jacob:
I think there is no problem to code a closing point. I think a Boolean parameters will help.

For example: Let’s call it CloseOnEmergency (true / false). If it is true, martingale will get closed at order number EmergencyClose, instead of open a new one.

If it is false, EmergencyClose works like now, without any change.

It’s ok?

About time managing, and many other things, I have to say that I coded it. It just needs to be tested.

But I founded that some many conditions before enter / close / modify an order make the EA lazzy. Under fast market conditions this would be a problem.

Remember keep it simply.

I hope will post it on next weekend.


Regards.


Rama
  • #247
  • Edited 8:05pm Apr 9, 2008 7:48pm | Edited 8:05pm
I left this EA running on a demo account..it blew it in less than 24 hours:

http://www.shareapic.net/preview3/007399012.gif

Did i do something wrong maybe?
I forced buy and i reduced risk to 0.01.. didnt work
  • #248
  • Apr 10, 2008 6:50am Apr 10, 2008 6:50am
Quoting Postrock
I left this EA running on a demo account..it blew it in less than 24 hours:

http://www.shareapic.net/preview3/007399012.gif

Did i do something wrong maybe?
I forced buy and i reduced risk to 0.01.. didnt work
Need to see some stuff.. its needed:
Mini Account (trade pennies),
Money to Margin
Good correlation of Pip Step and TP.

Can u tell what settings do u use?
  • #249
  • Apr 10, 2008 7:46am Apr 10, 2008 7:46am
Rama

That would be fantastic, thanks again for your help.
  • #250
  • Apr 10, 2008 9:03am Apr 10, 2008 9:03am
Quoting Numeral
Need to see some stuff.. its needed:
Mini Account (trade pennies),
Money to Margin
Good correlation of Pip Step and TP.

Can u tell what settings do u use?
Sure! I downloaded the preset for usdjpy done by Rama..
I launched and i noticed that it was going to open too many lots for my taste..so i changed "risk" (should be the lot multiplier) to 0.01..this made it to open (like i wanted) the sequence of 0.01-0.02-0.04 and so on..

Then since i wanted to test how it would do in a dangerous condition i changed to force buy even if i thought the pair would probably go south.

The demo money was enough, almost 5000 and the single order was of 0.01 lots (i think that would be 0.10$ per pip..i'm a bit confused because it seems like my Metatrader interprets one pip as the 0.00001 instead of the 0.0001 wich i'm used considering)..
  • #251
  • Apr 10, 2008 10:53am Apr 10, 2008 10:53am
Quoting Rama
The VPS I’m using was founded here in forexfactory. I think there is no problem to post the link, because it is already posted in this web: http://www.commercialnetworkservices.com/

It is really useful. Today for example, was a crazy one for my computers: At midmorning a machine working in the street cut a main electricity cable, so full energy gone away on a wide zone. And my orders recently opened, alone …

At midday, I could return home, and founded another problem: telephone line was out of order. And my orders recently opened, alone …


It was incredibly crazy what happened.

Just a few minutes ago from now I could recover my home telephone line. Logged on the VPS, and it makes $4 on a $750 balance, and keep running. I think that without the VPS today I could blow up my account (again).

I think with conservative parameters could be a milk cow.

Rama
hi i ve been running this in a home pc connected to internet 24 a day, on a conservative "set and forget basis" setup since march 13. Almost one month now and i am 18% up.I am using gbpusd ea in 2 different charts (one following ma and bands and the other reversing them) witht the recommended tp and sl. I am using 0.1 lot for each ea, money monegement set to false (starting balance 50.000 in demo). I ll try to post statement.So it seems that running it and being conservative it could reaaly be a milk cow.With this results i would even de more conservative, running 0.05 for each ea, expeting for a 8 -10% monthly.thanks everybody for sharing, specially rama (rama you are really generous and we all appreciate this)
  • #252
  • Edited 12:45pm Apr 10, 2008 12:14pm | Edited 12:45pm
hi all..ive heard that there's a PDF file with detailed instructions on how to use this EA..i have browsed all files attached to this thread but the only pdf i have seen is a test report..
where can i find the pdf?

also..this EA uses indicators..do i have to attach them to chart manually or the EA will just consider them automaticly?

thx for any help
  • #253
  • Apr 12, 2008 10:54am Apr 12, 2008 10:54am
Quoting Jacob 6:12
Rama

I am currently using your MA Martingale EA 3.0 and the MACDSTOCH Martingale, and both are working like a charm. Thanks for sharing. I was wondering if you could make one modification to them, sort of custom as I am not sure others would be to interested in the change. I was wondering if you could modify in the "EmergencyClose_desc" from moving to a break even, to just closing the run and all the trades in the run, even though it would be at a loss, and then just have it immediately start again through the progresion. Thanks again for a great EA.
Here is MACD STOCH Martingale with closing orders before opening emergency order number. You will find back tests show an important increase of loses with this new function.

I think that parameter used on the other EAs, called “SecureProfit”, is a better way to preserve your account from loses. You can set the percentage of your balance to close your position.

It could be positive or negative. That means your martingale will get closed before your take profit if this value is positive. In case it is negative, this will represent your maximum admitted loss.

As you can find here in forexfactory, stop loss and trailing stops are fallacies. So, even though I coded stop loses and trailing stop functions, I’m not using them.
I think it is better follow your trades, and if you don’t feel comfortable just close them manually, or move your emergency close order number, or set a low positive risk value, a place a stop loss, or hedge, and so on. You have too many ways for manage your position.

Martingale money management style have the power to give you enough time to do what ever you decide before face a big loss.

I’m running simultaneously the same EA and parameters in a demo and real accounts. This is to check out my own mistakes or successes.

On Thursday I had a short position on USDJPY. Market moved up 200 pips against it, entering 8 trades. This scared me, so I change risk to 1%. Luckily I did it, because it get closed a couple hours later, before swap is paid, with 1% profit.

Demo account keeps opened this position until 10:30 of following day. This would be much stress.

Remember EA’s facilitates manage your trades. It doesn’t do trader work: analyze market situations.

Good luck.

Rama
Attached File(s)
File Type: mq4 MACD STOCH Martingale v3.0.mq4   26 KB | 586 downloads
  • #254
  • Apr 12, 2008 10:57am Apr 12, 2008 10:57am
Quoting Postrock
hi all..ive heard that there's a PDF file with detailed instructions on how to use this EA..i have browsed all files attached to this thread but the only pdf i have seen is a test report..
where can i find the pdf?

also..this EA uses indicators..do i have to attach them to chart manually or the EA will just consider them automaticly?

thx for any help
Check out MA Martingale v3.0.zip file, uploaded on 02/27/2008.
  • #255
  • Apr 12, 2008 10:58am Apr 12, 2008 10:58am
Quoting Postrock
I left this EA running on a demo account..it blew it in less than 24 hours:

http://www.shareapic.net/preview3/007399012.gif

Did i do something wrong maybe?
I forced buy and i reduced risk to 0.01.. didnt work
You can blow it before 24 hs if you want it.
  • #256
  • Apr 13, 2008 10:48pm Apr 13, 2008 10:48pm
Hi Rama!

I don´t know what i´m doing wrong... but with this last version 3.31 are not opening new orders. Only with force method.

It´s all fine, i use different magic numbers for each pair, i see the MA crosses on pairs...

I see a message: Critic Trade on other EA. (i´m not using other ea in this mt4)
And.. StopTrading: No / Is TradeAllowed: Yes / Is ExpertEnable: Yes

Maybe i need reinstall mt4.
  • #257
  • Apr 13, 2008 11:15pm Apr 13, 2008 11:15pm
Numeral, hit F3 and set this Critic variable to zero.

Regards - Xaron
  • #258
  • Apr 14, 2008 6:45am Apr 14, 2008 6:45am
Thanks Xaron. I will test it.

But i want to see this function (TradesCriticQtty) working too.

I will change to see if start to open orders.

Regards
  • #259
  • Apr 14, 2008 6:48am Apr 14, 2008 6:48am
This option works very well here. But I've increased it to 6 as I start with 0.01 lots in a 3,000€ account.

It was correctly resetted as well, so I don't know what went wrong...

Regards - Xaron
  • #260
  • Apr 20, 2008 4:21pm Apr 20, 2008 4:21pm
I can´t run backtest of v. 3.31, anyone test backtest of this version?

2008.04.20 18:20:55 2004.06.16 15:01
MA Martingale v3.31 USDCAD,M15: dll calls are not allowed;'user32.dll'-'GetDC'

Thanks
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