Help me please...looking for martingale EA | Forex Factory

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Help me please...looking for martingale EA

  • #1
  • First Post: Edited 6:30pm Jan 20, 2011 10:31am | Edited 6:30pm
please someone here edit this script... this is ilan EA.... it will open trade base on previouse candle.. if previouse candle is bullish, this ea will buy, same goes to sell..

i want it open trade using my system and manage the trade like ilan...

my syste is :
1- open base on SMA (simple moving everage) make it extern, so we can change to test it..
2- open buy when pips value is more than 30pips from the SMA...
3 - open sell when the price goes below the SMA for certain pips...

this the code...

xxxxxxxxxxxxxxxxxxxxxxxxxxxxx
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extern double LotExponent = 1.59;
extern double slip = 3.0;
extern double Lots = 0.01;
extern int lotdecimal = 2;
extern double TakeProfit = 10.0;
extern double Stoploss = 500.0;
extern double TrailStart = 10.0;
extern double TrailStop = 10.0;
extern double PipStep = 30.0;
extern int MaxTrades = 10;
extern bool UseEquityStop = FALSE;
extern double TotalEquityRisk = 20.0;
extern bool UseTrailingStop = FALSE;
extern bool UseTimeOut = FALSE;
extern double MaxTradeOpenHours = 48.0;
sharpshooter.......
  • #2
  • Jan 20, 2011 11:01am Jan 20, 2011 11:01am
bump............... please
sharpshooter.......
  • #3
  • Jan 20, 2011 12:29pm Jan 20, 2011 12:29pm
someone please... or direct me to someone can do it...
sharpshooter.......
  • #4
  • Jan 20, 2011 4:54pm Jan 20, 2011 4:54pm
try scriptlance.com
  • #5
  • Jan 20, 2011 5:15pm Jan 20, 2011 5:15pm
Semamak

Please do not posted copyrighted right material that has been decomplied without the owners/copywriters permission.

For future reference, if you see

/*
Generated by EX4-TO-MQ4 decompiler V4.0.220.2c []
Website: http://beam.to/betsafe
BETSAFE
*/

At the top of the EA code, it means that it has been decomplied.

Also variables used like:-

double gd_unused_196;
double gd_unused_204;

tend to indicate decomplied EA's.

I would suggest that you remove it as soon as you can. You should handle this code request privately.
  • #6
  • Edited 6:28pm Jan 20, 2011 6:03pm | Edited 6:28pm
Quoting Tread
Semamak

Please do not posted copyrighted right material that has been decomplied without the owners/copywriters permission.

For future reference, if you see

I would...

OK.... thanks for remind me, i'm new here.....
sharpshooter.......
  • #7
  • Jan 20, 2011 8:32pm Jan 20, 2011 8:32pm
Quoting semamak
OK.... thanks for remind me, i'm new here.....
No problem, I might help you with some coding however, just pm me with details.
  • #8
  • Jan 20, 2011 8:48pm Jan 20, 2011 8:48pm
Quoting iulli
No problem, I might help you with some coding however, just pm me with details.
thanks... i'll pm you.
sharpshooter.......
  • #9
  • Jan 21, 2011 5:06am Jan 21, 2011 5:06am
you honestly want to martingale?????

99.9% win chance.
but 0.1% to lose the account in one go!
Chances are, it WILL happen before you say stop.

In my many years of trading and using martingale, i noticed that in a strong trend when you are taking the opposite side thus the need to martingale, if you encounter a 50 pip retrace, it WILL resume the trend.... therefore, your martingale script SHOULD be able to add such that, if that 50 pip retrace occurs, it will take profit as well.
  • #10
  • Jan 21, 2011 7:31pm Jan 21, 2011 7:31pm
Quoting BurgerKing
you honestly want to martingale?????

99.9% win chance.
but 0.1% to lose the account in one go!
Chances are, it WILL happen before you say stop.

In my many years of trading and using martingale, i noticed that in a strong trend when you are taking the opposite side thus the need to martingale, if you encounter a 50 pip retrace, it WILL resume the trend.... therefore, your martingale script SHOULD be able to add such that, if that 50 pip retrace occurs, it will take profit as well.

thanks for remind me.... i also use this martingle for many2 years.. that 0.1% is a nighmare for martiangle lover but not for me...
sharpshooter.......
  • #11
  • Jan 21, 2011 7:42pm Jan 21, 2011 7:42pm
you know burgerking, couple years ago, you had a great idea about martingale, and I am still using it many times, do you remember? You took the idea from tdion and build a nice ea from it. Tell me how can I avoid entering when price is consolidating and i will give you THE HOLY GRAIL.
  • #12
  • Jan 22, 2011 7:43am Jan 22, 2011 7:43am
I think the one you are referring to is a "Stop and Reverse" kind of martingale wherein once a position is Stopped Out, it will take the opposite trade at a higher lot size (not necessarily double - there is math to it). Rinse Repeat until it exited at a profit.

This kind of martingale has one achiles heel : Consolidation wherein price would move up/down thereby hitting SL many times and building up the lot size... I've tried it and didnt like it...

I tried to prevent it from trading during "dull hours" with little help only. Some have success doing it an hour before a news event.


The other Martingale System I tried is a Grid type system wherein you go long and short all the time and adding up on the loser end (thus martingale)... This system is immune to Consolidation but is prone to Strong Trends (300~400 pips of no retrace).. Though I made quite a sum doing this (1~2% daily x 2months+), I had tense moments when the account got way overleveraged though

I was profitable on both systems though I favor the Grid type system more... We have "Consolidation Everyday" which means S&R type Martingale will give you heart attack everyday.. But we rarely get "300~400 pips run" (happened only during the financial crisis in 2008~2009)... Hmm maybe I should redo this.
  • #13
  • Edited 10:35pm Jan 22, 2011 10:21pm | Edited 10:35pm
Quoting BurgerKing
I think the one you are referring to is a "Stop and Reverse" kind of martingale wherein once a position is Stopped Out, it will take the opposite trade at a higher lot size (not necessarily double - there is math to it). Rinse Repeat until it exited at a profit..
Exactly, there is some math indeed, It worked for me for a while but always I would stop after the 7th progression with a 1:5 R/R each order.

Lot sizes were calculated in a way that I just needed to win per total 2 sessions (one session is made of a progression of 7 levels) and it would cover one session loss if you know what I mean.


Quoting BurgerKing
I tried to prevent it from trading during "dull hours" with little help only...
I always tried to find/build and indicator or modify the Ea I am using so it will Place an order only after 5-10 bounces of the SL we intend to enter. The odds are increasing.

Quoting BurgerKing
Some have success doing it an hour before a news event....
I don't thik it works that way, I tried but if the news is very important and price goes towards the stop loss, it will move too fast to activate it, and instead of the stop loss at 10 pips you might have 50pips loss messing up the whole system. Lost some money that way using my EA.
  • #14
  • Jan 24, 2011 6:15pm Jan 24, 2011 6:15pm
thanks to A*****A for the code... this the result....
Attached Image (click to enlarge)
Click to Enlarge Name: smk- jp.JPG Size: 241 KB
sharpshooter.......
  • #15
  • Jan 24, 2011 6:34pm Jan 24, 2011 6:34pm
this is TRADING....
Attached Image (click to enlarge)
Click to Enlarge Name: ffcaljp.JPG Size: 219 KB
sharpshooter.......
  • #16
  • Jan 24, 2011 9:25pm Jan 24, 2011 9:25pm
You should change up the "Model" in the tester to "Every tick" instead of just "Open Price only" and get yourself 90% quality. It is a lot more accurate and you might be surprised...
  • #17
  • Jan 24, 2011 10:23pm Jan 24, 2011 10:23pm
Quoting semamak
thanks to A*****A for the code... this the result....
It's Okay to reveal mine. Anyway, it's your code. I am only a coder.
Thanks for the payment!

best rgds,
A*****A
  • #18
  • Jan 25, 2011 1:16am Jan 25, 2011 1:16am
Quoting traderjai_inhi
You should change up the "Model" in the tester to "Every tick" instead of just "Open Price only" and get yourself 90% quality. It is a lot more accurate and you might be surprised...
this is for "every tick"
Attached Image (click to enlarge)
Click to Enlarge Name: evry tickjg.JPG Size: 209 KB
sharpshooter.......
  • #19
  • Jan 25, 2011 1:20am Jan 25, 2011 1:20am
Quoting akukaya
It's Okay to reveal mine. Anyway, it's your code. I am only a coder.
Thanks for the payment!

best rgds,
A*****A
ok akukaya, thanks for the code... aku utang ko... hehe.. i had a problem with my phone right now, but dont worry bro...
sharpshooter.......
  • #20
  • Oct 29, 2011 9:13pm Oct 29, 2011 9:13pm
Quoting semamak
this is TRADING....
Hi Semamk, can u share your EA here? i am so interesting on it
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