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Candle Martingale + EA

  • #501
  • Aug 26, 2016 2:28pm Aug 26, 2016 2:28pm
First I want to say thanks to MathTrader7 for his great work

Here is, how I use and try the EA at the moment (I know not everybody ist fan of martingale): I initialised a demo account with 100 EUR, installed the EA on three pairs and let them run the whole day. At night I withdraw all the money above 100.- EUR, so that my accounts starts the next day again with 100.- EUR. Of course I also risk a complete loss of my account during the day.

Here are the results:
1. day: 33.- EUR withdrawn
2. day: 31.- EUR
3. day: 21.- EUR
4. day: 41.- EUR
5. day: 16.- EUR
today: 16.- EUR (until now)
(in sum 158.- EUR withdrawn in six days)

So, my maximum risk is 100.- EUR (the day) and the average profit per day is up to now 26.- EUR.
The success for this account management depends on how often the EA will blow up the account. We will see.

Next week I decided to spend 100.- EUR in a real account and look what happened.

Nice weekend to all
Siero
  • #502
  • Edited 5:52pm Aug 26, 2016 5:13pm | Edited 5:52pm
@siero

So yes mate - that sounds very good ! Could you plz post some mor Details/setfile ? Which pairs, which TF and so on ....

(You use the last v 1.64, do you ?)
  • #503
  • Aug 26, 2016 6:43pm Aug 26, 2016 6:43pm
Quoting siero
First I want to say thanks to MathTrader7 for his great work Here is, how I use and try the EA at the moment (I know not everybody ist fan of martingale): I initialised a demo account with 100 EUR, installed the EA on three pairs and let them run the whole day. At night I withdraw all the money above 100.- EUR, so that my accounts starts the next day again with 100.- EUR. Of course I also risk a complete loss of my account during the day. Here are the results: 1. day: 33.- EUR withdrawn 2. day: 31.- EUR 3. day: 21.- EUR 4. day: 41.- EUR...
Interesting...which trade signal are you using? How many lots? How much net TP?
  • #504
  • Aug 26, 2016 7:09pm Aug 26, 2016 7:09pm
Quoting siero
First I want to say thanks to MathTrader7 for his great work Here is, how I use and try the EA at the moment (I know not everybody ist fan of martingale): I initialised a demo account with 100 EUR, installed the EA on three pairs and let them run the whole day. At night I withdraw all the money above 100.- EUR, so that my accounts starts the next day again with 100.- EUR. Of course I also risk a complete loss of my account during the day. Here are the results: 1. day: 33.- EUR withdrawn 2. day: 31.- EUR 3. day: 21.- EUR 4. day: 41.- EUR...
Hello,

Great...Great...
I like Martingale...
But I didnīt have a good strategy yet using it...

This EA seems be good...

Thank you for share result and your strategy.
  • #505
  • Aug 26, 2016 10:02pm Aug 26, 2016 10:02pm
Quoting siero
First I want to say thanks to MathTrader7 for his great work Here is, how I use and try the EA at the moment (I know not everybody ist fan of martingale): I initialised a demo account with 100 EUR, installed the EA on three pairs and let them run the whole day. At night I withdraw all the money above 100.- EUR, so that my accounts starts the next day again with 100.- EUR. Of course I also risk a complete loss of my account during the day. Here are the results: 1. day: 33.- EUR withdrawn 2. day: 31.- EUR 3. day: 21.- EUR 4. day: 41.- EUR...
Looking forward to see how this goes!
  • #506
  • Edited 4:25am Aug 27, 2016 3:08am | Edited 4:25am
Hi,

I still run the EA 1.51 (never change a running system - at least for now). And I use the set- recommendation from andres11617 (post #426) on EURGBP, USDCAD and GBPUSD (perhaps I will add AUDCAD) on TF M30.

My broker is Activtrades and for timezone I'm coming from Munich.

The martingale factor is 1.7, so I start with 0.01, than 0.01 0.02 0.04 0.08 0.14 .... afterwards it becomes critical with margin!

Best regards and much success
Siero
  • #507
  • Aug 28, 2016 12:47am Aug 28, 2016 12:47am
Quoting danaix
{quote} hi, andres11617 what picture is this ? Please share it {image}
hi, I am using 2 indicators found here from forexfactory + black tpl.
Attached File(s)
File Type: tpl blank black.tpl   < 1 KB | 417 downloads
File Type: ex4 i-Profittracker.ex4   66 KB | 448 downloads
File Type: ex4 TradeReport.ex4   80 KB | 452 downloads
  • #508
  • Aug 28, 2016 8:13am Aug 28, 2016 8:13am
Version 1.70 of the EA released (I updated Post 1). In this version Pattern Type Zero and Pattern Type II trading logic added, and a few minor bugs fixed.
Attached Image (click to enlarge)
Click to Enlarge Name: mt7_candlemarti_bt_v170.png Size: 44 KB
Trading is the hardest way to make easy money...
  • #509
  • Aug 28, 2016 8:34am Aug 28, 2016 8:34am
Quoting MathTrader7
Version 1.70 of the EA released (I updated Post 1). In this version Pattern Type Zero and Pattern Type II trading logic added, and a few minor bugs fixed. {image}
1.70
Modelling quality too poor
DD max too high
  • #510
  • Aug 28, 2016 9:55am Aug 28, 2016 9:55am
I prefer the MA Cross..
Attached Image (click to enlarge)
Click to Enlarge Name: Nzdusd_1h.gif Size: 93 KB
  • #511
  • Aug 28, 2016 9:59am Aug 28, 2016 9:59am
Quoting writegvf
I prefer the MA Cross..{image}
Hi Thomas, I also use trade based on MA cross logic.
And I'm working on a new logic to set a pending order when a MA cross takes place. I think pending orders reduce the number of false entries. I will release a new version when I have something to share.
Trading is the hardest way to make easy money...
  • #512
  • Aug 28, 2016 10:10am Aug 28, 2016 10:10am
- 1M TF is much bigger DD

- H1 is much lower DD

@MathTrader7: please give the settings from Post # 510
  • #513
  • Aug 28, 2016 10:14am Aug 28, 2016 10:14am
Quoting ghostbiker
- 1M TF is much bigger DD - H1 is much lower DD @MathTrader7: please give the settings from Post # 510
As I have written on the backtest picture, the default settings of the EA (v1.70) have been used for that backtest.
Trading is the hardest way to make easy money...
  • #514
  • Aug 28, 2016 10:20am Aug 28, 2016 10:20am
- thanko you OK
  • #515
  • Aug 28, 2016 10:20am Aug 28, 2016 10:20am
Very good result. I create a demo account where U are. I simulate it from 19 aug. Great results. Then I set another simulation with 100EUR but I lost it. What did I wrong?
  • #516
  • Aug 28, 2016 10:24am Aug 28, 2016 10:24am
Hi MathTrader7,
I am trading ma-crosses manually most of the time and for that reason I am convinced
that it would be a nice try to give the opportunity to set the fast and slow period MA also as SMA, EMA or LWMA.
I surely can understand that you do not want to overload your very nice ea; maybe it is an idea to separate
the ma-cross trading style into a whole new EA. So thanks again for your support, even on the weekend !!
  • #517
  • Aug 28, 2016 11:07am Aug 28, 2016 11:07am
Quoting forrest85
Very good result. I create a demo account where U are. I simulate it from 19 aug. Great results. Then I set another simulation with 100EUR but I lost it. What did I wrong?
the concept of martingale is wrong
  • #518
  • Aug 28, 2016 11:17am Aug 28, 2016 11:17am
Quoting MathTrader7
Version 1.70 of the EA released (I updated Post 1). In this version Pattern Type Zero and Pattern Type II trading logic added, and a few minor bugs fixed. {image}
MathTrader7, please could you state which candle pattern you describe as Zero, Type 1 and Type 11. Thanks
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #519
  • Aug 28, 2016 11:22am Aug 28, 2016 11:22am
- the Martingale EA concept is NOT wrong

- the setting TF M1 is wrong

- to low grid size is wrong

- to high TP is wrong

- to high Martingale multiplicator is wrong

- 100 EUR Account for a Martingale EA is wrong
  • #520
  • Aug 28, 2016 11:28am Aug 28, 2016 11:28am
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (101).png Size: 104 KB
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