DislikedHi Radityo, I studied your spreadsheet. I seem that if we have no fear to add many limit orders against the trend, why don't we adopt a martingale approach? I know that this approach brings more risk in terms of size, but on the other side it would be easier to reach the break event point. I saw the thread in you were testing the martingale approach, are the results not encouraging?Ignored
I might not want to continue my thread about martingale again, I guess. The reason being is because:
- it was having a quite good profit at least 10% in a month.
- at some point of time, it will either give you a quite big profit or worst loss. This normally happened when you got reach to the highest martingale. Either you are saved with big profit, or saved with worst loss, or it sucked your balance to the ground.
- Slippage is the biggest challenge. Martingale requires a precise tunnel to be formed. But in Live account, tunnel never formed perfectly. Either I got requote (for instant execution account) or I got slippage (for market execution). This is bad, and shifting the break-even line quite far.
- It requires a good trend, same like STOP orders. It may not like ranging market.
- stable in the sense of short term profit, unstable in long term.
But it can be implemented in LIMIT orders, just that we need it to be careful when playing with this. And I need some time since there'll be a major change in the code. I might want to do this later on v2.X.
If you ask me to code/fix your EA... it's probably not for free...
It helps a lot, you can simulate environments and help to try and choose grid sizes and so on (without every time taking a sheet and do the math...), Really thanks! Gtlimiteurusd2 is working well on my side too, another amazing week is gone...Let's see the next one...(I modified the start hour to 18:00 GMT) {quote} I'm a kind of fan too of the Martingale approach, but i think it would be better on the Stop orders. I try to explain my point....
