Martingale in Trend direction | Forex Factory

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Attachments: Martingale in Trend direction
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Martingale in Trend direction

  • #1
  • First Post: Edited May 23, 2013 10:36am May 19, 2013 11:57pm | Edited May 23, 2013 10:36am
Pair : GBP/USD
TF: 1HOUR
0.1lot for every $1000
max volume exposure: 0.2lots
minimum profit: $60 - $100
max equity exposure: 25% - 40%

indicator: frasma
Attached Image(s) (click to enlarge)
Click to Enlarge Name: buy.JPG Size: 89 KB
Click to Enlarge Name: sell.JPG Size: 69 KB
Attached File(s)
File Type: mq4 frasma.mq4   10 KB | 598 downloads | Uploaded May 23, 2013 10:36am
It is possible to make large sums trading, small losses, large wins
  • #2
  • May 20, 2013 12:01am May 20, 2013 12:01am
Quoting omadivi
0.1lot for every $1000 max volume exposure: 0.2lots
so you only average in an equal start size?

isn't martingale suggesting you double up multiple times?
  • #3
  • May 20, 2013 1:49am May 20, 2013 1:49am
Quoting TradeMonk
{quote} so you only average in an equal start size? isn't martingale suggesting you double up multiple times?
hello TradeMonk,
right now, i have a buy signal [0.2buy]
if i get a sell signal, with my buy trade in negative, i will enter a sell trade with lotsize 0.3 - 0.4. The idea is to have more exposure in the trend direction, i recommend limiting that exposure to 0.2lots. hope this answers your question.
It is possible to make large sums trading, small losses, large wins
  • #4
  • May 20, 2013 2:09pm May 20, 2013 2:09pm
Quoting omadivi
{quote} hello TradeMonk, right now, i have a buy signal [0.2buy] if i get a sell signal, with my buy trade in negative, i will enter a sell trade with lotsize 0.3 - 0.4. The idea is to have more exposure in the trend direction, i recommend limiting that exposure to 0.2lots. hope this answers your question.
+72pips closed in profit. 7% up, waiting for the next move.
current bias on GU: still bullish
It is possible to make large sums trading, small losses, large wins
  • #5
  • May 21, 2013 3:56am May 21, 2013 3:56am
missed the sell signal that occurred about three hours ago.
There's no hurry, the market isn't going anywhere...
Attached Image (click to enlarge)
Click to Enlarge Name: sell signal.JPG Size: 76 KB
It is possible to make large sums trading, small losses, large wins
  • #6
  • May 23, 2013 3:02am May 23, 2013 3:02am
buy signal...close above frasma indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: buya.JPG Size: 91 KB
It is possible to make large sums trading, small losses, large wins
  • #7
  • May 23, 2013 4:05am May 23, 2013 4:05am
Hi,

I'm interested in understanding your system as I use another martingale system also (on a real account, see my trader explorer).

Which time frame do you trade ?
It seems that you use a MA to decide your direction, is that right ?

Have you backtested your strategy ?

Thanks and Good luck!
Simplicity is the Ultimate Sophistication.
  • #8
  • May 23, 2013 5:14am May 23, 2013 5:14am
hello,
i use the FRASMA indicator, which is basically an MA.
i use the H1 charts
A close above the indicator determines my entry for buys, and a close below for sells.
i have not been able to get anyone to code the strategy, so a backtest has not been possible.
It is possible to make large sums trading, small losses, large wins
  • #9
  • May 23, 2013 5:19am May 23, 2013 5:19am
Quoting omadivi
hello,i use the FRASMA indicator, which is basically an MA.i use the H1 chartsA close above the indicator determines my entry for buys, and a close below for sells.i have not been able to get anyone to code the strategy, so a backtest has not been possible.
Do you have a link to that FRASMA indicator ? If I find time, I could try to code that strategy and see...
Simplicity is the Ultimate Sophistication.
  • #10
  • May 23, 2013 7:04am May 23, 2013 7:04am
Quoting omadivi
buy signal...close above frasma indicator. {image}

closed +28pips, up 2.6%
It is possible to make large sums trading, small losses, large wins
  • #11
  • May 23, 2013 10:38am May 23, 2013 10:38am
Quoting broketrader
{quote} Do you have a link to that FRASMA indicator ? If I find time, I could try to code that strategy and see...
i have attached the indicator to the first post.
It is possible to make large sums trading, small losses, large wins
  • #12
  • May 23, 2013 10:52am May 23, 2013 10:52am
Ok, I saw also on the first picture that you have multiple orders at the same time and I don't understand why. If you want me to write that EA, I need clear entry and exit rules that I understand.
Simplicity is the Ultimate Sophistication.
  • #13
  • May 24, 2013 1:59am May 24, 2013 1:59am
broketrader,
i took that screenshot from another account. The actual trades based on this strategy can be seen from the trade explorer. The rules are relatively simple, buy when you get a buy signal, sell on a sell signal. if a buy trade is open and in loss, and you get a sell signal, open a sell trade at a higher lot size to cancel out the buy. for the purpose of coding an EA, you can use a multiplier of 2. i sent you a PM. let me know if you need anything else.
It is possible to make large sums trading, small losses, large wins
  • #14
  • May 24, 2013 2:04am May 24, 2013 2:04am
sell signal.
Attached Image (click to enlarge)
Click to Enlarge Name: sella.JPG Size: 85 KB
It is possible to make large sums trading, small losses, large wins
  • #15
  • May 24, 2013 4:21am May 24, 2013 4:21am
buy signal....
pending buy stop: 1.5117@ 0.2lots
pending buy stop: 1.5.123@ 0.2lots
Attached Image (click to enlarge)
Click to Enlarge Name: buya2.JPG Size: 108 KB
It is possible to make large sums trading, small losses, large wins
  • #16
  • Last Post: Dec 29, 2014 8:19am Dec 29, 2014 8:19am
Hi.. so how is the progress for this strategy, im trading something similar with trending direction on daily charts..
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