Here is food for thoughts. It allows more steps in the sequence, but you have to get two wins in a row to reset number of lots.
{quote} hi all, i think this will help avoid this situation : - use dinamic gap size, and the gap in EA must rise 1-1.5 pp at low market volatility (ex. if the ATR(14) < 2-3 pp). - or not open new cicle while ATR(14) < 2-3 pp. what you think, radityo.ardi ?
This way, actually will never get loss by minimizing the risk (again as I said, practically). Because if you use strict 1, 2, 4, once reaches 11 or 12 (with balance of $5K and starting lots 0.02), you are doomed. That point probably already 20.48 lots will be placed.
Basically with above's scenario, martingale concept is never been purely used in this EA if you use Fixed Money. Because practically you never lost anything (because no order is closed in the cycle).
Quoted from wikipedia:
The simplest of these strategies was designed for a game in which the gambler wins his stake if a coin comes up heads and loses it if the coin comes up tails. The strategy had the gambler double his bet after every loss so that the first win would recover all previous losses plus win a profit equal to the original stake.
Interval = (Gaps x 2) + (spreads x 2)
This is the file I've used for calculation.
hi Radit I've been observe your thread for a while, i seek of profitable grid system. and i believe yours are good one, some friend use similar system called cut and switch martingle, but use only during high impact news especially nfp release. based on your method i'ts use long order along with sell stop, and when sell activated it trigger buy stop order, and so on. and for such method, a spread are would higher as each order executed, and create a gap between both order ( buy and sell). how about using iexposure method, i;ve been use some grid...
), and thousands, even hundred thousands of people connecting to that server at the same time, it may take the server down. Server down, no trend downloaded, may disrupt the EA. And we never know what is the code behind their server. So, I decided not to try that.Eh...why I get loss little by little...??? There must be some bugs...
it wasn't a bug, just wrong configuration... damn...
Great job, thanks man i have been trying unsuccessfully to modify your ea to also have an option of entering trades using bollinger bands from a timeframe where the distance between the bands are less than x pips or for this to manage trades open manually. Can you do that ?
, I want to do it, but I can't. This EA's configuration is too long already, I don't want to put up too much things in it. Even the current start type, some of them still not developed / not stable enough.Thinking about trying this EA out on demo... A couple questions: Do this need to be traded on a specific timeframe (assume starting with $2,000 and trading .01 lots to start), also, would you consider this EA particularly broker-sensitive?
