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My Trading System - Tai

  • #21
  • Jun 9, 2016 10:54am Jun 9, 2016 10:54am
Quoting MasterGuru
It might just turn out to be the first "Holy Grail Martingale" on ForexFactory with a tolerable -6.60% max. DD as shown in the displayed backtest... Congratulations! For how many years has it been backtested to see the occurances and impacts of potential "black swan" death sequences...?

Yes it was 6% with a 100000 deposit?
  • #22
  • Jun 9, 2016 11:20am Jun 9, 2016 11:20am
Quoting vhk.fxt
{quote} Yes it was 6% with a 100000 deposit?
Yes, you are right.

The starting deposit was $100k and the profit was $24k over a 5-year period, i.e. about $5k yearly ROI which translates to approx. 5% per year and about 0.4% per month.
  • #23
  • Jun 9, 2016 1:07pm Jun 9, 2016 1:07pm
Quoting MasterGuru
It might just turn out to be the first "Holy Grail Martingale" on ForexFactory with a tolerable -6.60% max. DD as shown in the displayed backtest... Congratulations! For how many years has it been backtested to see the occurances and impacts of potential "black swan" death sequences...?
Maybe I can get some high quality tick to test from 2000 till now.Any full tick to use?
Everyone can find their HolyGrail
  • #24
  • Jun 9, 2016 2:51pm Jun 9, 2016 2:51pm
Quoting tai9127
{quote} Maybe I can get some high quality tick to test from 2000 till now.Any full tick to use?
Unfortunately MT4 backtest methods are based on simulated ticks, however, with this strategy the M1 mode should be just fine. Real tick data are available only for the Futures markets as far as I know.

P.S. Due to occasional need for high "Martingale multipliers" unfortunately a large deposit is needed for this strategy (e.g. the $100k used in the backtests).

So how about taking a loss and pausing the strategy for a day, before the 4th mulltiplier would kick in...? It would allow using smaller deposits and would reduce major DDs while improving Profit Factor and Sharpe Ratio.

P.S.2. Pausing the strategy during low RSI periods might also help to reduce DD and improve profitability.
  • #25
  • Jun 9, 2016 5:09pm Jun 9, 2016 5:09pm
Quoting tai9127
Let's continue... Still the same , follow the steps. 1.Draw a based candle.(Aqua) 2.Entry when next candle close 2-1 Up for buy Down for sell.(Yellow) 3.Close when next candle close.(Aqua) 3-1 Close also based.(Aqua) Above is the normal situation. {image} Martingale situation. 1.Draw a based candle.(Aqua) 2.Entry when next candle close 2-1 Up for buy Down for sell.(Yellow) 3.Chart turns to sell situation. 3-1 Close buy when sell situation and take sell order for 4x lots at same time. 4.Close when next candle close.(Aqua) 4-1 Close also based.(Aqua)...
Hello.
Correctly I understand how to work the martingale ?
But at the same time, the commission and the spread eat all profit

another situation
Attached Images
  • #26
  • Jun 9, 2016 6:55pm Jun 9, 2016 6:55pm
Or multiplied by 4 ?

Very big lot for small account (0.01 - 0.04 - 0.16 - 0.64 - 2.56 - 10.24 - 40.96 ....)
Attached Images
  • #27
  • Edited 8:39pm Jun 9, 2016 8:27pm | Edited 8:39pm
Quoting freeboot
Or multiplied by 4 ? Very big lot for small account (0.01 - 0.04 - 0.16 - 0.64 - 2.56 - 10.24 - 40.96 ....) {image} {image}
I'll talk about it more clear , you may get the wrong way about it.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 309 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 156 KB
Everyone can find their HolyGrail
  • #28
  • Jun 10, 2016 2:33am Jun 10, 2016 2:33am
thanks, Tai

Quoting tai9127
{quote} {file}
  • #29
  • Jun 10, 2016 3:09am Jun 10, 2016 3:09am
Sounds like EA Grid.
Size Renko 50 pips.
Two pending orders from the current price by 50 pips buying and selling, stoploss of 150 pips, take profit 50 pips.
If the Stop Loss - multiply by 4
  • #30
  • Jun 10, 2016 5:22am Jun 10, 2016 5:22am
Quoting freeboot
Sounds like EA Grid. Size Renko 50 pips. Two pending orders from the current price by 50 pips buying and selling, stoploss of 150 pips, take profit 50 pips. If the Stop Loss - multiply by 4
Almost like that.
Everyone can find their HolyGrail
  • #31
  • Jun 10, 2016 5:51am Jun 10, 2016 5:51am
Still checking the expert for correct trading today..
Attached Image (click to enlarge)
Click to Enlarge Name: 未命å.png Size: 59 KB

result as you can see above is trading in 3 hours..
Everyone can find their HolyGrail
  • #32
  • Jun 10, 2016 6:15am Jun 10, 2016 6:15am
One more winning martingale trade..
Attached Image (click to enlarge)
Click to Enlarge Name: 未命å.png Size: 14 KB
Everyone can find their HolyGrail
  • #33
  • Jun 10, 2016 6:16am Jun 10, 2016 6:16am
New step I have to do is finding a great broker..
Any suggestion?

1.No commision
2.Fix spread

Two rules above is better to try this.
Everyone can find their HolyGrail
  • #34
  • Jun 10, 2016 6:33am Jun 10, 2016 6:33am
Quoting tai9127
New step I have to do is finding a great broker.. Any suggestion? 1.No commision 2.Fix spread Two rules above is better to try this.
to be honest i don't think you can find one .
if you find one those broker are most likely to be trash.
  • #35
  • Jun 10, 2016 6:54am Jun 10, 2016 6:54am
Commision take it ...
Attached Image (click to enlarge)
Click to Enlarge Name: 未命å.png Size: 9 KB
Everyone can find their HolyGrail
  • #36
  • Jun 10, 2016 7:51am Jun 10, 2016 7:51am
Quoting tai9127
New step I have to do is finding a great broker.. Any suggestion? 1.No commision 2.Fix spread Two rules above is better to try this.
Broker with fixed spread and no commission will only be bucket shop... but hey, good luck.
  • #37
  • Edited 9:22am Jun 10, 2016 8:17am | Edited 9:22am
Quoting tai9127
New step I have to do is finding a great broker.. Any suggestion? 1.No commision 2.Fix spread Two rules above is better to try this.
Even finding a fixed spread broker does not guarantee avoiding their "virtual dealer plug-ins" and "HUUUUGE" slippages.

Moving the strategy to the centralized and highly regulated Futures markets might be an option... But again, it would require an even larger bankroll to withstand major drawdowns.

Attached Image
  • #38
  • Jun 10, 2016 9:03am Jun 10, 2016 9:03am
Automated trading ideas for this strategy.

Size Renko bars 50 pips.

From the current price are put two pending orders selling and buying at a distance of 50 pips with a stop loss parameters 150 pips, take profit 50 pips.
At opening one order, the second is removed.

If Take Profit closes again open two pending orders if closed by stop-loss order size increases by 4 times with parameters stoploss of 150 pips, take profit 50 pips, and continue to multiply until takeprofit work.
  • #39
  • Jun 10, 2016 9:14am Jun 10, 2016 9:14am
Quoting tai9127
New step I have to do is finding a great broker.. Any suggestion? 1.No commision 2.Fix spread Two rules above is better to try this.
Tradersway is a great broker that offers fixed spread with no commision.
  • #40
  • Jun 10, 2016 9:31am Jun 10, 2016 9:31am
Quoting freeboot
Automated trading ideas for this strategy. Size Renko bars 50 pips. From the current price are put two pending orders selling and buying at a distance of 50 pips with a stop loss parameters 150 pips, take profit 50 pips. At opening one order, the second is removed. If Take Profit closes again open two pending orders if closed by stop-loss order size increases by 4 times with parameters stoploss of 150 pips, take profit 50 pips, and continue to multiply until takeprofit work.
There's more detail have to noticed about this strategy...
Everyone can find their HolyGrail
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