One breakout a day + semi-martingale

I do not remember what you are using for stop loss and take profit, but maybe you could reverse them and have a better hit rate? Just a thought...

I see your point : instead 8 win, 14 lost trades
get 14 win, 8 lost trades.
And we will be hiting profit more often?
But TP:SL like
50:20 = 2.5:1
I need that coefficient (2.5) to keep my sequence of increasing lot size (100 units each time lost).

For example:
We have SL50 and TP20

Let see We have 1 lost and next win:
We losing once 50 pip with 100 units that mean 50 cent
We increasing lot till 200 and wining next time 20 pip = 40 cent. it's not enough, ween lot size 250 units to get 50 cent.

Let see 2 losts and 1 win
Losing 50 pip with 100 units = 50 cent
Losing 50 pip with (as wee figur out in first example) 250 units = 125 cent
All together 175 cent lost
We need with 20 pip win 875 units to get zerro.

Now 3 lost 1 win
Losing 50pip with 100 units = 50cent
Losing 50pip with 250 units = 125 cent
Losing 50 pip with 875 units = 438 cent
Together 50+125+438=613 cent
To cover 613 cent we need 3065 units.

Progress of sequence terrible 100-250-875-3065
Instead my 100-200-300-400.
Need realy big account to digest it.
Since I start this journal I had once 3 win(could be loses in our example) in the row already.

I see your point in different way as well:
More you hitting win - more attractive thread for readers and followers. I dont need that, I need working strategy.
And I am enjoying clean thread. It looks like my own journale on my table, and nobody adding some stuff when I am away. So for me easy to find something in the past notes that I wrote instead of trying to find it in many pages of notes different people.

About martingale strategy. Main disadvantage of martingale small gains with big risk of losing all.
Recently I have done back test this strategy - disappointed me.
Account stay with the same ammount for long without gaining money.
We losing and we wining and all cover each other.
No edge of this strategy.
Need something to get positive edge.
I will be going this strategy for my fun but let know every one - no future of this strategy. Martingale not for this (forex) type of game.
Thanks for understanding.

Result: Win 50 pip 100 unit = 50 cents
Total: 190 cents, 9 win, 14 lost trades
Max: -
Min: 1.45103
Position size for new trade 100 units.

Result: Lost 20 pip 100 unit = 20 cents
Total: 170 cents, 9 win, 15 lost trades

Position size for new trade 200 units.

Result: Lost 20 pip 200 unit = 40 cents
Total: 130 cents, 9 win, 16 lost trades
Max: 1.44424
Min: 1.42545
Position size for new trade 300 units.

Inside bar - no trade today
Max: 1.44137
Current price 1.4406
Less than 10 pip - no trade for tomorrow.

It was no trade today
Total: 130 cents, 9 win, 16 lost trades
Max: 1.44233
Min: 1.41729
Position size for new trade 300 units.

Result: Lost 20 pip 300 unit = 60 cents
Total: 70 cents, 9 win, 17 lost trades
Max: 1.42764
Min: 1.41234
Position size for new trade 400 units.

Result: win 50 pip 400 unit = 200 cents
Total: 270 cents, 10 win, 17 lost trades
Max:
Min:
Position size for new trade 100 units.

No trade for monday case less than 10 pip from friday's min and current market price.

Result: It was no trade for today
Total: 270 cents, 10 win, 17 lost trades
Max: 1.42445
Min: 1.40796
Position size for new trade 100 units.

Result: Inside bar - no trade today
No trade for tomorrow case less than 10 pip.

It was no trade today.
Max 1.42852
Min 1.41953
Position size for trade 100 units.

Result: Lost 15 pip 100 unit = 15 cents
Total: 255 cents, 10 win, 18 lost trades
Max: 1.43256
Min: 1.42068
Position size for next trade 130 units.

Result: Lost 15 pip 130 unit = 20 cents
Total: 235 cents, 10 win, 19 lost trades
Max:
Min:
Position size for next trade 169 units.

No trade for monday cause price lower than friday's min.

Result: it was no trade
Total: 235 cents, 10 win, 19 lost trades
Max: 1.40884
Min: 1.39696
Position size for next trade 169 units.

Netant, on this day you titled your post, "New Rule Today". Can you explain what the new rule is? How are you trading differently?

Thank you.

Result: Lost 15 pip 169 unit = 26 cents
Total: 209 cents, 10 win, 20 lost trades
Max: 1.41344
Min: 1.40374
Position size for next trade 220 units.

Hello Dreamliner.
I have updated that day first post with the new rule.
In short what I have changed:
1. Changed SL from 20pip to 15pip
2. Changed sequence for increasing of lot size as folow:
100
130
169
220
286
372
484
629
3. Accordingly updated attached exel file.

Thanks.

OK thanks netant. I have one other question: when do you plan on increasing lot size, assuming your account continues to go up?