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Martingale Baggio Method

  • #501
  • Oct 22, 2008 11:47am Oct 22, 2008 11:47am
Ahh, Hi Guhu! Was looking for u. Anyway, I found a second way around the atomic bomb issue. Can simply set secureprofits to -0.16. This would leave the 9th progression with about 70 Alpari pips (7 standard pips) to lose before liquidation. More than one way to skin a cat.

Btw, as I mentioned earlier, in these times, you might want to consider using wider pipsteps for greater survivability. The Hivol ones I posted are designed to last for much of the day.

But theory dies out for 4 hours a day. From the time NY opens to 4 hours after its opening, NY overlaps with London, creating HUGE liquidity from the overlap of the 2 largest Markets. (I'm at GMT +8 btw: London closed about 45 mins ago and NY opened 4hrs 45 mins ago. Hope this helps )

Now running a new simulation. Oh, btw, do remember to KEEP AWAY from Markets whenever an interest rate announcement is impending. Today was a SHOCKER!
  • #502
  • Oct 22, 2008 3:53pm Oct 22, 2008 3:53pm
sounds great.
If everyone believes it, it will work.
  • #503
  • Oct 23, 2008 10:41am Oct 23, 2008 10:41am
Hi guys, anyone know how to set an absolute amount on the loss suffered on a pair? For example, If I want to liquidate a position once my loss amount exceeds $1000, how do I do this?

Can anyone help? Very much appreciated!
  • #504
  • Oct 23, 2008 8:51pm Oct 23, 2008 8:51pm
Quoting angchong
Hi guys, anyone know how to set an absolute amount on the loss suffered on a pair? For example, If I want to liquidate a position once my loss amount exceeds $1000, how do I do this?

Can anyone help? Very much appreciated!
Attach swiss army knife (EA available in FF, just search and you ll find it) to another chart with the same pair you re trading. Set swiss army to close position when loss reaches certain amount (e.g. $1000)
  • #505
  • Oct 23, 2008 10:12pm Oct 23, 2008 10:12pm
Hmm, but two EA's can't work together right? I'm using the M.A Martingale already, and I don't think the Swiss Army can override that can it?

Is there a way to program the Max_loss function into the Martingale? Anyone?
  • #506
  • Oct 25, 2008 12:54am Oct 25, 2008 12:54am
Ah, PSTrader, I finally see what you mean! Thanks!

Swiss Army + Martingale = Sure win
  • #507
  • Oct 25, 2008 2:24am Oct 25, 2008 2:24am
Hi all,

a small update from me. I still use this EA. I use slightly different settings now, so MaxTrades=8 and a stop loss where the 9th entry would kick in.

The sl got hit two times now but I feel more comfortable with it but will check the improvements you've made here.

I restarted everything two weeks ago, here are the results so far, beginning with 5k. It's just amazing to make more than 20% in 10 days. That's not normal, but the EA took the unbelievable 2000 pips drop in the cable all the way down... I stopped the EA on friday noon...
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpusd_241008.png Size: 18 KB
  • #508
  • Oct 27, 2008 10:04pm Oct 27, 2008 10:04pm
how do i set when its reach last post(maximum order)..there have stoploss n will close all when it reach the stoploss?
  • #509
  • Oct 27, 2008 11:26pm Oct 27, 2008 11:26pm
Xaron, you said you got stopped or not last week? how much was the drawdown?
Invest in alarm clocks
  • #510
  • Nov 3, 2008 10:13am Nov 3, 2008 10:13am
Hello,
Xaron how made you to put a stop loss where the 9th entry would kick in.
Thanks
regards
  • #511
  • Nov 12, 2008 1:06pm Nov 12, 2008 1:06pm
hi guy, results from 5 days trading.
Attached Image (click to enlarge)
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  • #512
  • Nov 13, 2008 7:56pm Nov 13, 2008 7:56pm
Quoting angchong
hi guy, results from 5 days trading.
can you resend the EA as it was crash when i turn it on...Pls advice
  • #513
  • Nov 24, 2008 7:02pm Nov 24, 2008 7:02pm
Hi guys,
Thanks for the advisor and the great work. The expert is really one of the best Martingale strategy I found.

So...

I found the following problems:


When the broker requote some order the expert is confused. The program algorithym stops and any next step is impossible. The only way to solve the problem is to see the error in time and operating manual.


The requote can be at hand with the next order in the sequence, or by closing all previeus opened positions. Only the last one is closed by the limit.


Please help me to find any decision.
Or else I have to change the forex provider (ODL securities at the moment)


Sorry for my english. Thank you,
Regards


Petro

  • #514
  • Nov 25, 2008 7:59pm Nov 25, 2008 7:59pm
Quoting angchong
hi guy, results from 5 days trading.
Damn, at that growth rate, you'll soon be a zillionaire ....
  • #515
  • Nov 29, 2008 12:34pm Nov 29, 2008 12:34pm
ODL securities got fined by the NFA for malpractice. Why are you still trading with that crooked Bucketshop? Find yourself a good broker like Xaron did. He uses Alpari, and I've followed his example. If you do microlots, execution time should be negligible since the MM doesn't have to source for liquidity. For small fry transactions like 0.01 lots, they simply take the opposite side of the trade, executing your trade instantly.

If ur getting tonnes of requotes, adjust the slippage to at least 4 pips.

Seriously, look at their quotes. Damn unprofessional. USDXAU is quoted as GOLD and USDXAG is quoted as Silver. You can trade an unknown substance called OIL; and you can't tell the grade of oil ur trading; whether it's WTI or Brent.

Quoting petrogin
Hi guys,
Thanks for the advisor and the great work. The expert is really one of the best Martingale strategy I found.

So...

I found the following problems:


When the broker requote some order the expert is confused. The program algorithym stops and any next step is impossible. The only way to solve the problem is to see the error in time and operating manual.


The requote can be at hand with the next order in the sequence, or by closing all previeus opened positions. Only the last one is closed by the limit.

...
  • #516
  • Nov 30, 2008 6:51am Nov 30, 2008 6:51am
EURUSDm (Euro vs US Dollar)

15 Minutes (M15) 2008.07.28 04:00 - 2008.11.28 20:45 (2006.11.02 - 2008.11.30)

Every tick (the most precise method based on all available least timeframes)

Interbank FX

Attached File(s)
File Type: pdf Strategy Test on M15 EUR-USD.pdf   758 KB | 1,040 downloads


Feel free to comment and advise.

Thanks.

HF
  • #517
  • Nov 30, 2008 1:27pm Nov 30, 2008 1:27pm
Siewhf
The quality of ticks you have says N/A it needs to be at least 90% to start looking at the charts please download more data from the history center and choose eur/usd and use 1 min data then you will have more data also in your tools in meta trader go to options then look at charts and use 9999999999 for both boxes on the bottom. I suggest using Alpari for backtesting since they offer alot of history unlike IBFX who offer only 1 month. Let us know how it goes.
Berdj
  • #518
  • Jan 29, 2009 3:02pm Jan 29, 2009 3:02pm
Hi everybody,

this is my first time writing on this forum, I find the Baggio Method very good , I did some updates to the entry’s ruels and I’m testing it.

I’ve attached the last backtest so you can check it as well.

I’m writing to ask a variation to the software, maybe to Rama or anyone able to do it, I’m not good enough to make changes at the deep level .

The idea of mine is to change this rule:
when the quotation reaches the next step level the software automaticly enable a stop loss to the previews step level.
With this behave, the system has a bigger Free Margin and the last step needs less pips to make profit.

These are the two new External Variables needed:

1- Set from which step to start the automatic stop loss.
2- Set the number of pips from the nextstep to insert the stop loss.

Thank you guys
Attached Image (click to enlarge)
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  • #519
  • Jan 30, 2009 6:07am Jan 30, 2009 6:07am
Looks like a good idea, I like the backtests .


Quoting Diego2049
Hi everybody,

this is my first time writing on this forum, I find the Baggio Method very good , I did some updates to the entry’s ruels and I’m testing it.

I’ve attached the last backtest so you can check it as well.

I’m writing to ask a variation to the software, maybe to Rama or anyone able to do it, I’m not good enough to make changes at the deep level .

The idea of mine is to change this rule:
when the quotation reaches the next step level the software automaticly enable a stop loss to the previews step level.
With this behave,...
  • #520
  • Jan 30, 2009 11:57am Jan 30, 2009 11:57am
Quoting berdj
Looks like a good idea, I like the backtests .
Attached there are the original Rama version and the same version reviewed by me .

The reviews are only on the entry rules (you can check the program) and is a prerealise.

The system is not enough robust to make steady gains, but with the reviews i asked i think this system can become infallible.
Attached File(s)
File Type: mq4 MA Martingale 2p V1.1.mq4   55 KB | 684 downloads
File Type: mq4 MA Martingale v3.33.mq4   50 KB | 776 downloads
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