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Candle Martingale + EA

  • #21
  • Jul 14, 2016 12:33am Jul 14, 2016 12:33am
hi math7,

i like your work, for quite some time. thanks for sharing this. this is the safest (survive multiple years backtest) mart i've ever seen,
i hope this project will workout well for all.
  • #22
  • Jul 14, 2016 3:48am Jul 14, 2016 3:48am
Quoting mercilez
hi math7, i like your work, for quite some time. thanks for sharing this. this is the safest (survive multiple years backtest) mart i've ever seen, i hope this project will workout well for all.
You're welcome! :-)
Hope we can make it better.
Trading is the hardest way to make easy money...
  • #23
  • Jul 15, 2016 4:28am Jul 15, 2016 4:28am
Hi Math7,

I was wondering, how long does it take for the EA to kick in?

I've had it running for a few hours on GBPUSD H1, I was expecting it to open some short trades, but still hasn't opened any.
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  • #24
  • Jul 15, 2016 12:53pm Jul 15, 2016 12:53pm
It's ok, it opened trades now.

I was under the assumption that as soon as the E.A is active, it immediately looks at the previous candle, if it was a Bear Candle, and the current bar ends up closing as a Bear candle, it'll open trades. But it doesn't. I also assumed that once it has trades open and successfully closes them out at profit, that it would still monitor the Bar's status; Bear or Bull and re-open another set of trades starting at the default lot size. But it doesn't.

What are the exact rules that aren't explained in the opening post?

Best regards,
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  • #25
  • Jul 17, 2016 11:27am Jul 17, 2016 11:27am
Quoting MathTrader7
This trading system is based on the idea of opening positions in the direction of the previous candles. Below the entry logic is explained: If previous candle is bullish, open a buy position at the opening of the current candle. If previous candle is bearish, open a sell position at the opening of the current candle. If previous candle is doji, look at the previous candle, if it is bullish open a sell position otherwise open a buy position. If market goes against our favorite direction, every N pips we open another position according to martingale...
Hello MathTrader7,

Thank you for your this post, I used your EA but it is not working properly on my MT4, it only opens trade on 1M time frame but without TP, there is only an option of Profit target, so it means if we set 50$ profit in that case system will only close the trades when target met, regardless its one position or more... So in that case it is not sound good for my point of view and may be I am wrong. Correct me if I am wrong.

In the meanwhile I got another Matriangle system applied live on Demo Account. I just have investor password of this account but not the EA.

I like this calculation formula, and TP target. Most of the martiangles are fail when market moves 200 pips or more on the same direction without any retracement but as for as this martiangle calculation formula market can survive us with more then 400 pips without retracement.

So I think this martiangle is best ever I see in the market. But bad luck I do not have this EA in my hand.

You are kindly requested to check this account and see what is happening in this account. 100% profit in just ONE month. and I think it is amazing.

I am sure you are expert in coding. See this account and code this EA for us. and I am sure we all will be in profit by using this type of Martiangle.....

Please comment every body if you think I am right after watching this account. Here is the Detail:-


Login : 839518

Password: abcd1234

Server: demo SV hotforex



Please look into this reply accordingly.

Kind Regards

Sitetalker
  • #26
  • Jul 17, 2016 3:40pm Jul 17, 2016 3:40pm
lets keep this thread on topic!
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  • #27
  • Jul 17, 2016 4:25pm Jul 17, 2016 4:25pm
@FYCyborg - you are very right man !!

Why the hell sitetalker put here his fancy informantion about an EA he even dont know ? Anyone could pronounce something about results he/she got somethere in this world or anythere in the universe .....
  • #28
  • Jul 17, 2016 6:06pm Jul 17, 2016 6:06pm
im sure the Mod's will remove the spammy posts?
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  • #29
  • Jul 18, 2016 3:26pm Jul 18, 2016 3:26pm
Version 1.06 of the EA released. In this version an input is added in order to let the user choose Open price only/Every Ticks mode. I updated Post 1.
Attached Image (click to enlarge)
Click to Enlarge Name: MT7_CandleMartiEA_BT_106.png Size: 38 KB
Trading is the hardest way to make easy money...
  • #30
  • Jul 19, 2016 7:50pm Jul 19, 2016 7:50pm
Found a bug.

When trading station closes down, or internet is dropped... The E.A doesn't check for existing trades that were opened by the EA and starts a fresh.
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  • #31
  • Jul 20, 2016 3:12pm Jul 20, 2016 3:12pm
your strateji good but why you dont use sl and dynamic lot size ? coz the ea is bomb
  • #32
  • Jul 20, 2016 3:39pm Jul 20, 2016 3:39pm
Quoting MathTrader7
Version 1.06 of the EA released. In this version an input is added in order to let the user choose Open price only/Every Ticks mode. I updated Post 1. {image}
I am using the EA on a love account but it hasn't traded in two days. Would you recommend any particular settings?
  • #33
  • Jul 21, 2016 6:29am Jul 21, 2016 6:29am
Quoting FXCyborg
Found a bug. When trading station closes down, or internet is dropped... The E.A doesn't check for existing trades that were opened by the EA and starts a fresh.
Good observation!
I'll fix this issue in the next version.
Trading is the hardest way to make easy money...
  • #34
  • Jul 21, 2016 6:30am Jul 21, 2016 6:30am
Quoting archishard
{quote} I am using the EA on a love account but it hasn't traded in two days. Would you recommend any particular settings?
Are you running it on D1 timeframe? If so, it takes a few days for the EA to receive a valid signal to open a position. For testing, you can run it on lower timeframes such as H4 and H1.
Trading is the hardest way to make easy money...
  • #35
  • Jul 21, 2016 6:33am Jul 21, 2016 6:33am
Quoting yamete
your strateji good but why you dont use sl and dynamic lot size ? coz the ea is bomb
I'll add a net stop loss input to the next version of the EA.
The dynamic lot size is reasonable for the Open Price Only mode, and I may implement such feature in the future.
Trading is the hardest way to make easy money...
  • #36
  • Edited 3:18pm Jul 21, 2016 8:25am | Edited 3:18pm
Version 1.08 of the EA released. In this version an input is added in order to let the user set net stop loss in money (0 disables stoploss). I updated Post 1.
Attached Image (click to enlarge)
Click to Enlarge Name: MT7_CandleMartiEA_BT_108.png Size: 40 KB
Trading is the hardest way to make easy money...
  • #37
  • Jul 21, 2016 1:05pm Jul 21, 2016 1:05pm
Quoting MathTrader7
This trading system is based on the idea of opening positions in the direction of the previous candles. Below the entry logic is explained: If previous candle is bullish, open a buy position at the opening of the current candle. If previous candle is bearish, open a sell position at the opening of the current candle. If previous candle is doji, look at the previous candle, if it is bullish open a sell position otherwise open a buy position. If market goes against our favorite direction, every N pips we open another position according to martingale...

i tested your ea but not opening trade in Backtest . i am attaching my martingle ea test Reports
Attached Image(s) (click to enlarge)
Click to Enlarge Name: StrategyTester new.gif Size: 9 KB
Click to Enlarge Name: Screenshot_1.png Size: 43 KB
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  • #38
  • Jul 21, 2016 1:08pm Jul 21, 2016 1:08pm
Quoting MathTrader7
{quote} Are you running it on D1 timeframe? If so, it takes a few days for the EA to receive a valid signal to open a position. For testing, you can run it on lower timeframes such as H4 and H1.
Yes good one. I switched to H1 and started trading
  • #39
  • Jul 21, 2016 6:07pm Jul 21, 2016 6:07pm
very good ea for live thank
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 67 KB
  • #40
  • Jul 21, 2016 8:46pm Jul 21, 2016 8:46pm
I don't understand why its not opening any trades? It's been over 24 hours now. It did before then, then just it just stopped.
DDL is checked. Everything is as it should be.

Its on the H1 GBPUSD. The new setting for tick or open price doesn't seem to be doing anything.

Anyone else having these problems?
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