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EA reverse martingale

  • #1
  • First Post: Jan 9, 2010 12:32pm Jan 9, 2010 12:32pm
hello want to know if there is any EA. I thought what if you could get
caught with trends rather than against them, a reverse martingale method which, when caught in the right direction, would open more trades in the same direction and move the stoploss to protect what you earned already.

thanks
  • #2
  • Jan 9, 2010 1:11pm Jan 9, 2010 1:11pm
Do you mean doubling position size as the trend progresses? Strictly speaking that would be a reverse martingale.

There's reverse scaling however, where you add as the trend progresses in your favor.

Also check out pyramiding. That's where your first position is the largest and you add smaller and smaller lots as the trend moves in your favor. Some pyramiding involves trailing the stop in a systematic way.
You are in a maze of twisty little passages, all alike.
  • #3
  • Jan 10, 2010 12:43pm Jan 10, 2010 12:43pm
hello I want is an expert who will duplicate orders for the trend ...

example:


So your chosen entry has entered. Lets say 1 lot Long at 1.4000, the market moves with you and you find yourself at 1.4100 and you have decided at 100 pips you want the EA to lock in profit and try for more profit at the same time.
The EA opens a 2nd trade, lets say 1.5 lots at 1.5100 and sets the stoploss of both trades to your chosen value, lets say 15 pips.
Now you have 2 scenarios, the market may reverse, in which case you lose 15 pips on your 2nd trade and make 85 pips on your 1st. for a total gain of 62.5 pips @ 1 lot.
Or the market goes with you some more and at 1.5200 you open a 3rd trade, lets say this time 2 lots.
As you can see you can carry on like with with no real takeprofit set, just wait for the market to reverse and close you out, because once you reach this 3rd level you are guaranteed serious profit, if the market reverses now you close, 2 lots @ -15, 1.5 lots @ +85 and 1 lot at +185. For a total gain of 282.5pips @ 1 lot equivalent.
  • #4
  • Edited 5:22pm Jan 10, 2010 5:09pm | Edited 5:22pm
Give me a proven system with positive probability expectancy of 100 pips of profit over 15 pips of loss and I'll write you a code for MM described above in 15 min. You didn't say anything about very first trade, so I assumed it also has 15 pips SL.


Quoting pichi
hello I want is an expert who will duplicate orders for the trend ...

example:


So your chosen entry has entered. Lets say 1 lot Long at 1.4000, the market moves with you and you find yourself at 1.4100 and you have decided at 100 pips you want the EA to lock in profit and try for more profit at the same time.
The EA opens a 2nd trade, lets say 1.5 lots at 1.5100 and sets the stoploss of both trades to your chosen value, lets say 15 pips.
Now you have 2 scenarios, the market may reverse, in which case you lose 15 pips on your 2nd trade and make...
  • #5
  • Jan 11, 2010 9:35am Jan 11, 2010 9:35am
Place an 80MA on your chart and when you are 80, 90 or 100 amount of pips away from it you enter in the direction of the 80MA. Currently I am trialling 80 pips from 80MA and, as you can see the graph above, it seems to be a reliable entry. If the market goes against you initially, you re-enter at 15 or 20 pips further out....
TF 15m used in pairs with low volatility.... usd/jpy, eur/jpy...

improvements are accepted but that is the basis of my idea
thanks...
  • #6
  • Jan 11, 2010 9:37am Jan 11, 2010 9:37am
Quoting pichi
...as you can see the graph above...
I see no graph.
You are in a maze of twisty little passages, all alike.
  • #7
  • Jan 11, 2010 5:53pm Jan 11, 2010 5:53pm
this is just an idea ....
the grafic:
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd15.gif Size: 32 KB
  • #8
  • Jan 11, 2010 9:01pm Jan 11, 2010 9:01pm
We have a major misunderstanding here. You said you wanted anti-martingale (increasing lot when your trade is positive), now you are saying re-enter at 15 or 20 pips further out when a trade is against you. How to re-enter? Same lot size? Increased lot size? A combination of martingale and anti-martingale?
See how easily programmers get frustrated when people don't speak their minds clearly?

Quoting pichi
Place an 80MA on your chart and when you are 80, 90 or 100 amount of pips away from it you enter in the direction of the 80MA. Currently I am trialling 80 pips from 80MA and, as you can see the graph above, it seems to be a reliable entry. If the market goes against you initially, you re-enter at 15 or 20 pips further out....
TF 15m used in pairs with low volatility.... usd/jpy, eur/jpy...

improvements are accepted but that is the basis of my idea
thanks...
  • #9
  • Jan 12, 2010 8:09am Jan 12, 2010 8:09am
what I mean is to create two EAs (for test) or one with a variable in which you can change the re-enter, for example one re-enter, if the trade is against 25 or 30 pips the stoploss be executed and re-entre with the same lot size, thus the loss would be small until the trend comes... the other EA or the other variable the EA could be that once you run the Stoploss begin a martingale, it would be possible?

the base of the system would be the entry with the technique described above only that further refinements in the money management...

sorry for my bad English as it is not my native language....


thatīs what I have in mind
  • #10
  • Jan 14, 2010 10:52am Jan 14, 2010 10:52am
hi, no one is interested in scheduling a EA with these features .. or anyone can contribute ideas to improve this technique ... thanks
  • #11
  • Jan 19, 2010 3:02am Jan 19, 2010 3:02am
One such I have cooked up is attached along with.

I have done this long back by joining two EAs. I dont exactly remember the two EAs from which I have made this new EA.

I wont take any credit for this EA as it is not my creation completely.

I feel the best time to start this EA is 00 GMT. Take the designated profit and quit for the day.

Time frame is immaterial.

The EA opens equal lots both on sell side and buy side.

I prefer if someone programs it to open double that of the existing opening.

Just try it on a strategy tester or in a demo.

Thanks
Attached File(s)
File Type: mq4 1428KPBS.mq4   22 KB | 2,933 downloads
  • #12
  • May 27, 2010 5:28am May 27, 2010 5:28am
hello and thanks. this is exactly what i was looking for. i ve learned a lot from this forum and it has provided me with good tools.

i dont know anything about coding. used ea builder site. i have created an easy ea with the following rules:

buy is open > last close
sell is open < last close
sl tp 500 ticks

i have backtested it and it has shown good results. multiple win streaks

that is what i m looking for. if not that, a system which produced win streaks with a good probability.

can you code this or show me how? help out a fellow trader?

thank you for at coding the ea and any help you give me
  • #13
  • May 29, 2010 9:15am May 29, 2010 9:15am
Quoting pichi
hello want to know if there is any EA. I thought what if you could get
caught with trends rather than against them, a reverse martingale method which, when caught in the right direction, would open more trades in the same direction and move the stoploss to protect what you earned already.
thanks
You might be interested in this: http://www.forexfactory.com/showthread.php?t=226059 because it was created with the same ideas in mind. It is not exactly the same system, it wont trail the stoploss and wont increase lotsizes (and I won't ever change this, because it is the way I trade it) but it might still be useful to you.

If you want to play with it then keep an eye on the above mentioned thread, I will soon release an update and will announce it there.
  • #14
  • May 23, 2011 4:41pm May 23, 2011 4:41pm
Quoting simplecoders
One such I have cooked up is attached along with.

I have done this long back by joining two EAs. I dont exactly remember the two EAs from which I have made this new EA.

I wont take any credit for this EA as it is not my creation completely.

I feel the best time to start this EA is 00 GMT. Take the designated profit and quit for the day.

Time frame is immaterial.

The EA opens equal lots both on sell side and buy side.

I prefer if someone programs it to open double that of the existing opening.

Just try it on a strategy tester...
I have been rummaging around FF to find code, an EA, script, etc. which would incorporate a reverse progression, preferably both choices of martingale with variable sets AFTER WINNING TRADES, or the same using a reverse Fib Sequence. Both would take a loss and reset to staring lot size and continue at starting lot size until having a winning trade. A max trade level external variable would be nice. Obviously the marti would use a lower max trade level
than the Fib. Most likely 10 or 12 possible steps (levels) for Fib and 15 to 20 max for Fib.

I was hoping to find your subject post to possibly accomplish the goals outlined? I ran this EA on 99% 2010 historical data with Strategy Tester and trades were taken up to 01/04/10 and stopped out? The pending trade sizes cycled up through the multiplied levels stipulated in the code, but only very small profits accumulated in the short operating trade history?

Realizing your post was a year ago January, did you achieve any success with
this EA? From your request I would suppose the large multipled lot sizes cancel "longs" and "shorts" to net relatively small gains?

Any insight you might give would be helpful and appreciated.

Thank you,
Atlas1
  • #15
  • Last Post: Oct 29, 2011 11:42am Oct 29, 2011 11:42am
I see on H1 any pair that the price was not go in one direction, sometime the price will rebound. so i think this EA should be added TR. anyone can added please. moco gracias
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