FXTradepro: Strategy using a “Semi-Martingale” Position Sizing

Hi guys is this system going good ????any results posted before , i dont have a lot of time reading posts , sorry , and i have a great system that i offer to all traders to try and to use it cause its realy works great ....

Good luck traders and have a nice weekend ..

Here is the link for the system that i use more than 1 month on live acc. and going great guys , for any help contact me by email below.

The link:http://www.forexfactory.com/showthread.php?t=190646

I posted source code for a similar EA in 'Bet on the Direction', that I named fxRoulette. I'd be interested in seeing the source for this.

I am using this method successfully but closing on pin bars and MA crosses on M5. Much better than normal TP and SL.

Solution: open an account with OANDA,adjust your lot size to: whatever your budget allows.
Start your series with say 10 cents..
Test.
Increase.
Once you make some $, then put a pack on the side, and risk that.
And so on..
Game can be endless, provided you adjust your math.
I like the idea of forexpro....actually I believe , MM and position size are the only answer,( not the billion indicators around)
...pick any half decent system, then add a semi martingale...adjust the math around it precisely, with carefull position size...it should make $.
Otherwise,without semi martingale, chances are, (if you are good), you will barely BE...that´s the nature of FOREX.
It will meander around your stop or trailing stop forever, eating the sweet profits of your last 2 positive trades.
My humble ideas, after 10000 plus trades, 10 years...BE..lost time...50 diferent systems tested...
Take care..

Cuchuflito,

Per your comments have you been converted to semi-martingale strategies?

Hi FxTradePro, I mean Dan
and all Folks on this Forums who positively contributed.

I completed reading the entire thread and fair to remark here that while in the middle of the reading, one some posts I anticipated that Dan would soon close this forum and this what happened by the time I reached the end of this Forum. Credit goes to those pessimist and negative remarks some people have contributed to force a decent person to quit.

Dan, Please accept, my sincere thanks and deepest appreciation for your generosity on sharing your system, your decency in patiently replying to queries and your willingness to help people improve their trading.

Though, Fourm is quite old, however, when I started reading it I had interests in it due to the fact that I also have the similar conclusion in FX Market what Dan has tried to explain to us all.

While reading the Threads, I also ran some searches on Google for FxTradePro EA and found a version. Over the weekend and I back tested it with Random and continuous orders.

Conclusion:

I am sure there were a lot of positive thing that FxTradePro would have shared with us if we have respected his system and his views, which some of us did not.

As a gesture and tribute to the creator of this thread, for all those interested I am posting my back test results to prove that what this Strategy has Resulted in RANDOM order processing from 01/01/2007 to 20/09/2010.

This Proves the FxTradePro point that the key is when you start your order and for starting the order, this is not the system. This system is to Manage your Trade decision and catch the probability of it with this approach.

I am attaching the result here. however, I do not encourage or mean to influence anyone to start trading this strategy with Random Order Processing. I did Random Order Processing to prove that even with random order processing this system has produced nice profit. That means, if we start our Trade with a Nice Trade Signal Indicator "i.e. FxTradePro" already provided that too in this thread. then this strategy can result in profitability.

On a final note, I am again thankful to FxTradePro (i.e. Dan) for his contribution and efforts to try to help those who needed.

Here are my Back Testing Results:

 

1. EA used is found and downloaded from another thread and it executes only 7 orders in progression.
2. On Each exhaust I kept changing the Global Variable to 1 to allow EA to keep executing.
3. The Order processing was RANDOM and continuous, that means the moment EA started the Order processing started too, till the time the testing ended.
4. Data used, I used 01/01/2007 to 20/09/2010 data.
5. Time Frame: Is not of any importance as the EA was to keep creating RANDOM orders from start to end during Test.
6. The results: Please find attached.

I hope this helps people interested and proves the fact that FxTradePro tries to explain to us all.


Kind Regards
ForexZAK

ForexZak,

I it possible to direct me to the version of the EA you refer to?

Many thanks,


[email protected]

Yes, interesting system, and that EA also looks interesting.

Could you give us a clue which thread you found it on? I can't see it...

Charlie

Hi,

Great thread. Thanks Dan for all your time on this. Since it's been a long time since anyone has posted I'm not sure if you are still making the ea available.
If you are, how do I go about downloading it and paying for it.

Thanks,

jas

If someone can give a good entry strategy I am willing to code an EA for the lucky7 system. Just tell me exactly what you would like the EA to do.

You can use my sequencer EA if you want to trade this.

thorn,the EA doesn't use

Xaron, very interesting, could you please include a user guide for this strategy or at least the sequence embedded?
TBH

Hi,

I manually trade a very similar system to this with a few differences regarding my entry and exits. First, I only take trades at the beginning of the London and New York sessions opening trades at the beginning of the day and looking to close them towards the end - typically when we enter the "London close" period.

I use Bollinger Bands to measure volatility and identify inside candles as my points of reference to go either long or short on the 8-hour and 4-hour charts. I also trade this during event risk. There is a lot of consideration given to the timing of the entries and I only commit no more than 5% of my capital to making a breakout set-up work.

I don't just aim for a specific pip target but let my winning trades run (I need a reason to get out) taking into consideration the tendency for highs and lows to occur at the beginning or end of trading day, week and month but I never allow a profitable position to turn into a loser - protect your capital. Never forget you are trading the price and not an indicator, oscillator or your opinion. Let the market (or price action) lead you and be willing to take the trade in both directions.

With some discretion and experience this is a very profitable strategy and the returns are relatively high. All the best in your trading.

Sean.

Hi Xaron
Can you please add, in your sequencer, in EntryOptions entry by price/ma crossover.
From down to up buy.
From up to down sell.
EA should use this entry only as (one time deal) start-up position and do the rest same as for all other types of entry.
And if possible EA should not open other orders (i.e. if we trade multiple-pairs) until Trading Sequence has finished on current one.

I am asking this because I am trading for quite some time nice MA system and I see this as possibility to improve it and if successful would like to share it with rest of you guys.

Best Regards
GFP

Thanks For your Sequence EA. Thanks a lot

so how many millionaires have this method created ?

hello FXTradepro,
i have always thinking about a stragtegy like that, using the concept martingale but modified in forex like u did with -10pip +40pip and the lot 0.1 - 0.1 - 0.2 - 0.3 - 0.4 ...
i have a question , now we are on 2013 and ur post was created on 2007 so far 6 years, what happen still make a profit or not ?
this method can be used on etoro ? and if u have an etoro account can i see ur profile ?

thinx for your effort

yes what happened? the EA is out of date and not working. pleas come back and chat

Hi,

I'm very curious on the track record of this strategy, with some of the excellent modifications later suggested by the members... Is there any way to reach Dan the originator or one of the other members who actually did go ahead with the idea described here, which I believe has excellent promise, so kind of surprised this thread has gone silent for the last 3-4 years ?..

Best,
Vispilio