Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Tim's £500 marathon. Goal £1 million 823 replies

Attachments: Marathon EA
Exit Attachments

Marathon EA

Quoting jarek455
Just catch this kind of trend - you done. {image} {image}
You just need to reduce lot size or have a bigger capital to overcome a possible DD
Old ways dont open new doors
Quoting She1
{quote}... and please let me know if you found a very high profit EA that also is not dangerous!
Sure, here you are.
Oh boy, not this crap again. I've coded this way back... Simply said martingale should be avoided at all costs... it's a matter of time when this system fails. Trust me...

Also naming something the best EA ever just by a false back-test is miss-leading as hell. Please stop doing that
  •  Soros
  • Joined Sep 2012 | Status: Edge,Phsycology And Money Managemen | 949 Posts
take your money and buy your family Mcdonalds and save money for your kids instead of trading this Garbage.











dont say i didnt tell you, cause ill say i told you so.
I am what Many Dream to be but only a few can achieve, im a part of the 1%
Agreed, guys. Those martingale bots are killers. Sooner or later (generally sooner).
Quoting Soros
take your money and buy your family Mcdonalds and save money for your kids instead of trading this Garbage. dont say i didnt tell you, cause ill say i told you so.
Old ways dont open new doors
You will eventually die, sooner or later. it's just matter of time. but why are you still trying in your life?
That's right. Stay away if you don't know what exactly you're doing, and how to do it.
  •  Soros
  • Joined Sep 2012 | Status: Edge,Phsycology And Money Managemen | 949 Posts
OP I noticed that you don't share the source code and are sharing a version that only works on demo and selling original version, why is that? shouldn't you be on commercial section? what happened to sharing freely with the community?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • Post #29
  • Quote
  • Edited 3:52am May 22, 2016 3:08am | Edited 3:52am
Quoting Soros
OP I noticed that you don't share the source code and are sharing a version that only works on demo and selling original version, why is that? shouldn't you be on commercial section? what happened to sharing freely with the community?
May be ill do that, if some people don't call my resulting wage a "garbage" or a "crap".
by the way, the Marathon V2.0 is almost twice profitable than the first one, without increasing risks.
hi

Please attach v2 AS WELL HERE.

Thanks
Quoting mkfx
hi Please attach v2 AS WELL HERE. Thanks
it hasn't finished yet.
Martingale is killer. I know a guy who made some stuff like this, but he did not recommend to use it.
Look at these pictures. Beautiful backtests, but extreme danger for a real account.
Beware of these kind of profit curves!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: StrategyTester9.gif Size: 9 KB
Click to Enlarge Name: StrategyTester10.gif Size: 8 KB
Click to Enlarge Name: StrategyTester11.gif Size: 8 KB
Click to Enlarge Name: StrategyTester12.gif Size: 8 KB
  • Post #34
  • Quote
  • Edited 5:25am May 22, 2016 5:13am | Edited 5:25am
I repeat: a good profit-curve is like this (it is not backtest. See the difference):
Attached Image (click to enlarge)
Click to Enlarge Name: BasketPips.gif Size: 7 KB
This is the same as the old martingale roulette system. Keeps doubling on black until one day there's 8 or 9 reds in a row and you're out. And this will come sooner or later depends purely on luck. Martingale is based on luck, you never know what is going to happen in the markets and martingaling is against any money/risk management.

They can work on a short basis, but later on it's almost 100% certain they'll wipe you out... This was discussed countless times on ff. Increasing position sizing to recover losses is gambling, nothing else.

Here's one of the threads --> http://www.forexfactory.com/showthread.php?t=235889
Quoting Sandmann
This is the same as the old martingale roulette system. Keeps doubling on black until one day there's 8 or 9 reds in a row and you're out. And this will come sooner or later depends purely on luck. Martingale is based on luck, you never know what is going to happen in the markets and martingaling is against any money/risk management. They can work on a short basis, but later on it's almost 100% certain they'll wipe you out... This was discussed countless times on ff. Increasing position sizing to recover losses is gambling, nothing else. Here's...
I am not a fan of MartiGrids - as I would never invest significant funds with it - however, one could argue that if a MartiGrid could make 600% non-reinvested profit a year, then even with 4 account crashes per year it could make net 200% profit. Not that bad (unless those 4 crashes come in a cluster)...

Just because this argument has some truth in it, I am still reading posts and experimenting with MartiGrids.
Attached Image
why wouldn't you invest significant funds with it? ...


Everyone could buy a Happy Marty grid for 200e and be a millionaire in a short time. And still no one is... I don't get how people are selling these kinds of EAs and people are falling for it every time. 600% return

experimenting is perfectly fine, that's what this is all about. Finding what works and do it over and over again.
  • Post #38
  • Quote
  • Edited 10:31am May 23, 2016 1:41am | Edited 10:31am
The marathon EA has a money management section with two fields of account target and account stop which are understandable for even a 10 years old child.
also you can find an interesting money management that can be used with marathon EA, here.

Sorry, I am busy coding and trading all the time(Generally making profit as i have been for years, since I'm not a loser), so I'm not gonna argue with you here and i don't need to convince you in any opinion.
Attached Image

I'm done here.
  • Post #39
  • Quote
  • Last Post: May 23, 2016 2:26am May 23, 2016 2:26am
Great advice... I`m just glad that you at least changed the missleading title of this thread and added a disclaimer in the 1st post. There will be people that will still fall for it.

Also backtests are good as a starting point, they tend to be missleading. If you trust that this EA is going places, get a private VPS and let it run there for +6months.

And just a friendly advice, don't take it personally. Try focusing your time and energy on a different strategy that doesn't include scaling in. Try breakouts or fakeouts. It's much more... let's say safer. It takes only one rally to wipe out a Martingale. One.

Good luck
0 traders viewing now