may you find what you seek and trade what you find
Martingale, Anti-martingale, and Compounding 40 replies
Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply
How to change this Martingale to Reverse Martingale ? 3 replies
Martingale vs. Non Martingale (Simplified RoR vs Profit) 1 reply
DislikedIn 2008, I was commission to rewrite a Grid EA based on original EA found at www.forex-tsd.com. More of the discussion can be found here:
http://www.forexfactory.com/showthread.php?t=65249
Back then I could not share my codes as it was commissioned. However, I can now share it.
This EA is best used on brokers offering 0.01 lottage - $0.1 a pip.
Though small lots as it may seem, you will be amazed how much it will trade in a day making $50~$100 each day with a $5K account. I personally used this...Ignored
DislikedOne of the problems in the code is that the max drawdown cut off is out by a decimal place, so if you set it to 0.01 it will cut out at 10% instead of 1% etc.
I'll fix it up and post later but just FYI.
Still testing.... sigh...Ignored
DislikedHi BK I've been battling for 3 years now to find a system (or EA) that works. Regret that I have not found one yet. While reading through this Martingale thread of yours an idea popped into my mind and I will try to explain. The only problem with Martingale is the drawdown and eventually the death trade. If your pockets are deep enough you will always win. Won't it work if we combine a grid system that will martingale with the trend with a Martingale that keeps on adding when price moves against you - Hedging the Martingale when price moves with...Ignored
Disliked{quote} Neels, I agree, that is a good idea. The problem for me is that I am no programmer so I depend upon what I find on the net and backtesting/forward testing to get things right. You gotta be really smart to program or modify EAs. I haven't given this a go, but there are so many GM EAs out there: Blessing, Golden Future, Arin, 10 Point 3 to name a few, but there are also many more which employ a limited GM strategy in addition to their primary strategy. Of all strategies, this is certainly the most popular, and no wonder really - it is a simple...Ignored
DislikedHi corliz What do you mean by standard martingale and grid EA ? Please could you explain a little ? An what's your experience since last year about your system ?Ignored