Thank you!
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Dislikedhey
i started reading this thread a few days ago, and finally finished this one and alternative method thread..... now my question to you zeblon is " which method do you trade, the original, evolution or alternative?Ignored
Disliked
Great work Chris......, we seem to be thinking in thesame line; however, how do you get 111 trades as compared to Zebulon's 50 trades for the same month ?
ThanksIgnored
DislikedChris:
VERY VERY lengthy posts! My question is are you basing a lot of these martingale strategies and results just from visually back testing? TIAIgnored
Dislikedhi,
before use martingale, run the standard ea and see how many consecutive losses we have. from my backtesting, there are around 8 - 9 losses in a row from 1-1-09 to 10-12-09. and with this figure, even if we don't limit martingale level, the first win won't cover those subsequent losses bcoz spread.
if spread = 2 pips, 5 consecutive losses will result :
1st loss : 1 lot * 52 pips = -52 pips
2nd loss : 2 lot * 52 pips = -104 pips
3rd loss : 4 lot * 52 pips = -208 pips
4th loss : 8 lot * 52 pips = -416 pips
5th loss : 16 lot * 52 pips = -832 pips
total...Ignored
Disliked1. Price go up, to 1.2050 + 0.0050 = 1.2100 (remember, our reference is candle chart which is a Bid price). We close buy order at bid price. So, P/L = close price - buy price = 1.2100 - 1.2052 = +0.0048 = +48 pips
2. Price go down, to 1.2050 - 0.0050 = 1.2000. We close buy order at this price, so P/L = 1.2000 - 1.2052 = -0.0052 = -52 pips
Calculating again for 5 consecutive losses, we get loss = -1612 pips
and at 6th trade, we win 1536 pips. Net = -76 pips
Pls correct me if i'm wrong...Ignored
Dislikedi don't care about the spread ! I always win 50 pips or lose 50 pips.
When i'm in a trend, ex : i've bought at 1.6250 (buying price = 1.6250, selling price = 1.6246).
If the price goes up i move my SL from 1.6200 to 1.6250.
If the price goes up again, i move my SL to 1.6300.
If my SL is hit, it is the selling price = 1.6300 (buying price = 1.6304)
In a range, if i've bought at 1.6250 my TP will be 1.6300 (selling price), and the next order is a sell order at the same selling price of 1.6300Ignored
hi everyone
thanK u all for good work here
i tried an other system
go buy with gg sl 50 and tp 100
go sell with rr sl 50 and tp 100
i did backtest for my one for 6 months
its realy not bad without martiangle
and its gonna be perfect with it