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Martingale EA. Almost can't lose!

  • #141
  • Jan 26, 2015 11:18pm Jan 26, 2015 11:18pm
Quoting dekpips
{quote} lol wut? it ended up in negative
how did it end negative?
practising coitus interruptus
  • #142
  • Jan 27, 2015 2:30pm Jan 27, 2015 2:30pm
Quoting avibe
{quote} how did it end negative?
ah, i guess i didnt factor in withdrawals made?
  • #143
  • Feb 2, 2015 5:18am Feb 2, 2015 5:18am
Quoting radityo.ardi
{quote} They ain't rookie if they made profits constantly...
With those %... you'll be a millionaire in two years starting with 1000$... I'll be back in two years.
  • #144
  • Feb 2, 2015 6:01am Feb 2, 2015 6:01am
Quoting cesare76fx
{quote} With those %... you'll be a millionaire in two years starting with 1000$... I'll be back in two years.
I'm just a coder here... I never said that I will invest $1000 and will be millionaire in 2 years...


My impression with this EA (what I've done), is just 50-50...
Nothing special, coz this thing is just probability game. Holy Grail, or the god system of investment, or martingale, or whatever you said, is just a total b******t (that's my whole point of view).

What I believe, all of those system, even techie, news, even if you find your own Holy Grail, whatever it is,
all are nothing without MM..
If you ask me to code/fix your EA... it's probably not for free...
  • #145
  • Feb 21, 2015 9:17am Feb 21, 2015 9:17am
Well martingale system could work, if you have deep (almost infinite) pocket because sometimes the consecutive loss gets too much.
But it's a promising system to be honest...
OrderSend(Symbol(),OP_BUY,10,Ask,30,SL,TP,"",0,0,clrGreen);
  • #146
  • Feb 21, 2015 9:21pm Feb 21, 2015 9:21pm
all martingale systems end up blowing up. now if you can pick and decide which pairs to trade based on a certain type of analysis (cot, price, or just longer tfs)

I think that is where your edge could be.

long the strongest currency + short the weakest currency

and when the strength starts changing, exit and wait for the next best opp.
  • #147
  • Mar 17, 2015 1:03am Mar 17, 2015 1:03am
I'll just leave this here...
Attached Image
If you ask me to code/fix your EA... it's probably not for free...
  • #148
  • Mar 29, 2015 10:33am Mar 29, 2015 10:33am
Quoting radityo.ardi
{quote} I'm just a coder here... I never said that I will invest $1000 and will be millionaire in 2 years... My impression with this EA (what I've done), is just 50-50... Nothing special, coz this thing is just probability game. Holy Grail, or the god system of investment, or martingale, or whatever you said, is just a total b******t (that's my whole point of view). What I believe, all of those system, even techie, news, even if you find your own Holy Grail, whatever it...
chill out dude . no need to take seriously the one who depise your trading system. martingle are truly challenging trading system, which means it only limited to few. there's a time when everything set and done, a time a trading strategy finally provenly fruit. at those time you may dont want to visit these board again, doesnt bother of what other people think.
  • #149
  • Apr 13, 2015 3:44am Apr 13, 2015 3:44am
Quoting mangblekok
Well martingale system could work, if you have deep (almost infinite) pocket because sometimes the consecutive loss gets too much. But it's a promising system to be honest...
That appears to be the misleading point about martingale. It seems a bit odd that people call martingale a "system", when it clearly is a money management setup. Assuming your use martingale as it is used in a casino, then you simply are doubling your wager after a loss. Most people cry that martingale "burned" their account, but no one tends to look at the actual system which the person traded; for example. Say I am buying EUR/USD and my SL is 100 pips away from my entry. The price then hits my SL. You will notice that right after a sl is hit, most traders open a position in the same direction which they just lost in. Although one may contend that "market conditions" have changed thus making them sl and re-enter, the reality is the purpose of using a sl is because you believe that the price will continue going in that direction thus stopping the bleeding. So why not go in the direction of the SL, and use martingale? For one you would not be going against price action, and if you use martingale correctly you will be able recover the loss quicker.

I on the other hand use martingale, but only because I am a T.A. trader on the lower tf. I simply believe that if I enter a position looking for 10-20 pips, and that trade goes against me right away, then the reverse order should be taken. Which is why I use martingale to recover the loss, but keeping my sl tight enough to prevent whip lashes from causing big enough losses. All in all, martingale isn't a "SYSTEM" as far as buying or selling. What it is or what it should be looked at is merely a recovery system.
Think backwards.
  • #150
  • Apr 19, 2015 2:03pm Apr 19, 2015 2:03pm
Quoting fxindikator
{quote} chill out dude . no need to take seriously the one who depise your trading system. martingle are truly challenging trading system, which means it only limited to few. there's a time when everything set and done, a time a trading strategy finally provenly fruit. at those time you may dont want to visit these board again, doesnt bother of what other people think.
the fact is clear, most people got high profit from it. while many rest of them suffer from bigger loss. its quite clear when you put martingale are not simply for everyone, its limited. for whom ready to lose their money, one who really like to down stream higher drawdown upon trading account. I assume you ever use these before, is there any particular different with grid system ? saw you previous post are mostly at some grid trading method.
how about to put a martingale method with short term entry trade, earn quick with lot increasement as protection to made quick breakeven gain.
  • #151
  • Apr 20, 2015 5:50am Apr 20, 2015 5:50am
I have worked on Martingale/hedge/grid EA for 4+ years ... this cant be simple grid and doubling, fixed pips, it will blow into your face sooner or later.

For instance I think currency strenght is important - when USD is strongest, EUR weakest, it would be stupid for EA to go against obvious, so my EA wont add against sudden spikes, but just directionally, until market calmes down...then it starts itś gridding/martin again.
And TP/SL aint fixed, EA also uses currency strenght and indicators to choose TP/SL.

Started roboforex forward test for EA last week, cause despite of my hard work, Ill go with cent acc first - no hurry and better safe than sorry, u can see link on my footer, go check - its very sophisticated and dynamic martingale.

Or maybe http://www.myfxbook.com/members/FunM...t-park/1218796 is better
F_ck your analysis, I know exactly where the market will go. To the right.
  • #152
  • Apr 27, 2015 3:36am Apr 27, 2015 3:36am
Quoting available
{quote} the fact is clear, most people got high profit from it. while many rest of them suffer from bigger loss. its quite clear when you put martingale are not simply for everyone, its limited. for whom ready to lose their money, one who really like to down stream higher drawdown upon trading account. I assume you ever use these before, is there any particular different with grid system ? saw you previous post are mostly at some grid trading method. how about to put a martingale method with short term entry trade, earn quick with lot increasement...
marty and grid and considerbly similar. as you can see there's good one before, the CE matrix grid but it's all over since it's moved to commercial section. just came bit late at their thread, I just maintain tested only 1 months, good result using tickmill account, but then EA not working anymore. check on radityo.adi thread he create trap martingale ea, result are good around 88 days on marty method that's means he serious with his trading system development.
scal and marty are not good combination, better use exposure exit just as CE use.
  • #153
  • May 3, 2015 10:11am May 3, 2015 10:11am
Quoting fxindikator
{quote} marty and grid and considerbly similar. as you can see there's good one before, the CE matrix grid but it's all over since it's moved to commercial section. just came bit late at their thread, I just maintain tested only 1 months, good result using tickmill account, but then EA not working anymore. check on radityo.adi thread he create trap martingale ea, result are good around 88 days on marty method that's means he serious with his trading system development. scal and marty are not good combination, better use exposure exit just as CE...
checking the thread, seem I miss the chance with the CE. some member still active on those thread and shown result. but seem not working either while I try to attach the ea on my chart. and for the trap martingale EA, seem he still under development so far he only use with tickmill account but not found yet result on real account. to be honest i feel bit confuse with those EA setting, too many variable for such swing entry method . .
I dont intend to put all my account handle with such risky method. but it's all about diversity, since the higher the risk often comes with higher outcome, when we put it all on good setting off course.
  • #154
  • May 5, 2015 2:33am May 5, 2015 2:33am
Martingale is a losing strategy. It's only about time. Unless like you have millions in account and start with a micro lot.
  • #155
  • May 10, 2015 3:50pm May 10, 2015 3:50pm
Quoting abidurrahman
Martingale is a losing strategy. It's only about time. Unless like you have millions in account and start with a micro lot.
if these sequence are truly bring total loss constantly among traders, people will definitely stop to improve and keep using such lot increasement method. but in fact there's still lot of traders focusing in different lot size while put their trade. indeed marty are high risk one, but to remind us all, forex trading alone already high risk investment business.
  • #156
  • May 10, 2015 5:20pm May 10, 2015 5:20pm
Quoting available
{quote} if these sequence are truly bring total loss constantly among traders, people will definitely stop to improve and keep using such lot increasement method. but in fact there's still lot of traders focusing in different lot size while put their trade. indeed marty are high risk one, but to remind us all, forex trading alone already high risk investment business.
You might be right but my point is... martingale will not help you minimize risk but will increase it over time. I've played with it for years and that's my conclusion. It may work for you, who knows.
  • #157
  • May 11, 2015 4:04am May 11, 2015 4:04am
What if we start from nano lot with max leverage and exit game when losses reach for example 10 bucks? And playing martingale in opposite positions (hedging two opposite martingale directions), jumping off when one of them goes in profit?
Mixing marty with existing strategies should work I guess
  • #158
  • May 18, 2015 2:29am May 18, 2015 2:29am
Quoting leebsurag
What if we start from nano lot with max leverage and exit game when losses reach for example 10 bucks? And playing martingale in opposite positions (hedging two opposite martingale directions), jumping off when one of them goes in profit? Mixing marty with existing strategies should work I guess
there's many trader works with similar method. use minimum deposit amount to minimize the risk. but as you can foresee the result with nano are always around the nano too. and the idea to hedge are sometimes bear same high risk. better check out with trap grid method, it's just similar as you want.. it goes profit when the price jumping off.
  • #159
  • May 18, 2015 2:52pm May 18, 2015 2:52pm
Quoting leebsurag
What if we start from nano lot with max leverage and exit game when losses reach for example 10 bucks? And playing martingale in opposite positions (hedging two opposite martingale directions), jumping off when one of them goes in profit? Mixing marty with existing strategies should work I guess
It works, but limiting losses canīt be "what if," itīs a must and people often fail it - too painful to cut or hope it comes to an happy end etc.
Even if you cut at first, later you see, that it would have ended in profit if you wouldnt have cut, next time in same situation you dont cut, end up in profit ... and then, one day the inevitable comes.

If you use martingale-grid-hedge (EA), I suggest everybody also to use SL/equity EA and set the amount of money or % of equity - EA has no silly thaughts, hopes or hesitations, it just closes the trades that can pile up into disaster and protects your account.
F_ck your analysis, I know exactly where the market will go. To the right.
  • #160
  • Jun 26, 2015 3:44pm Jun 26, 2015 3:44pm
I think it works if you shutdown the EA during the news with high volatility impact.

I coded this EA in 2008, its an optimized martingale strategy.
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