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Attachments: Candle Martingale + EA
Exit Attachments

Candle Martingale + EA

Quoting gridtrader11
Great work, MathTrader7. Have you considered changing directions instead of martingaling against the trend (Close and Reverse)? For example, if the TP and SL were 40 pips - if price moves against you, open a new trade in the opposite direction. In my backtesting this strategy yields a lower amount of consecutive losses in nearly any situation.
If you want to stop and reverse, why would you use a martingale EA? Its 2 different strategies. There are other EA's out there that will do that for you. This is not one of them.
Dear MT7
I have just backtested with your EA from 01/06/2016 - 31/08/2016. There have alot of big event EXP NFP, FOMC, Brexit hand Yellen spoke.
With GU, EU --> It's not good, my acc go up from 300 u ---> 1200 U, after that my acc drop to 30 U
With AU, UCAD ---> It's ok, so i was funny with this result, from 300 --> 1100 U and not drop
I think EA is good for: AU, UCAD. But this EA must test alot, matingle is very risk.
Thanks for your good EA
Thanks for your sharing
@blueskykt14
You wrote: "I think EA is good for: AU, UCAD."
I think the correct formulation is: "I think EA was good for: AU, UCAD." Why ? You never know what will happen tomorrow in this crazy FX market ....a so called "calm" pair may jump up and down bcz of any fucking news. Yes, formerly it could have been making a pretty good Job for months in your (grid) EA .... right ! You thought already about beeing a millionaire soon .... but unfortunately the rags-to-riches story didn't happen !

So to today it's good for the ABCXYZZ pair tomorrow it's good for the XYZABC pair .... only Manual interventions could help ... may be.
@Derberliner
I agree with your opinion
OK, sr for my english is not good. But The EA of MT7 is good EA for free
i backtested this EA with a lot of big event from 01/06/2016 - 31/08/2016 with AU pair and this EA not to die, not drop and got a big profit. Do you think that is very lucky
So with real account. You can't trade with EA all time. this is very risky. Avoid big new
I will test this EA alots before I trade with real acc
Thanks for reply
Bluesky
@DerBerliner: die wollen alle mit Backtest Geld verdienen und es kommt ja auch auf die Settings an, das verstehen die nicht.
Gerade die CAD Paare sind bei Martingale auf Dauer die Schlechtesten. Da wollen welche mit M1 und Martingale traden hehe

Gruesse mir die "Zurueckgebliebenen" in DE

so gehts: bescheiden und klein klein

Attached Image (click to enlarge)
Click to Enlarge Name: ZZMathTrader3008.png Size: 55 KB
[Quote = ghostbiker; 9108548] @DerBerliner: Die wollen Alle mit Backtest Geld und es verdienen kommt auch ja Ajustes auf die nicht das, un verstehen matriz. Gerade morir CAD parejas sind bei Martingala auf die Dauer Schlechtesten. Da wollen welche mit M1 und Martingala Traden jeje Gruesse mir die "Zurueckgebliebenen" en la DE por lo Gehts: bescheiden und klein klein {image} [/ quote]

The configuration is DEFAULT ?
I gotta say, thanks so much for making this EA.. works like a treat now... v1.45 im using.

Your EA has made me a little over $3200 in a live account over the course of 4 weeks
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
Quoting blueskykt14
@Derberliner I agree with your opinion OK, sr for my english is not good. But The EA of MT7 is good EA for free i backtested this EA with a lot of big event from 01/06/2016 - 31/08/2016 with AU pair and this EA not to die, not drop and got a big profit. Do you think that is very lucky So with real account. You can't trade with EA all time. this is very risky. Avoid big new I will test this EA alots before I trade with real acc Thanks for reply Bluesky
Backtest is not enough, do also some forward testing on demo account. bear in mind the result of backtest, forward testing, and live account will not be the same.
Nevertheless this is a good EA that can survive most of the times with an account of USD 5000 in major pairs with initial lot size 0.01 but of course with a slow profit.
making money is easy in forex, losing money is even easier...
Quoting FXCyborg
I gotta say, thanks so much for making this EA.. works like a treat now... v1.45 im using. Your EA has made me a little over $3200 in a live account over the course of 4 weeks
Glad to hear that! Don't forget to withdraw regularly!
Trading is the hardest way to make easy money...
Quoting ghostbiker
@DerBerliner: die wollen alle mit Backtest Geld verdienen und es kommt ja auch auf die Settings an, das verstehen die nicht. Gerade die CAD Paare sind bei Martingale auf Dauer die Schlechtesten. Da wollen welche mit M1 und Martingale traden hehe Gruesse mir die "Zurueckgebliebenen" in DE so gehts: bescheiden und klein klein {image}
Did you use this default setting or change setting
Pleases show it
Thanks
Quoting FXCyborg
I gotta say, thanks so much for making this EA.. works like a treat now... v1.45 im using. Your EA has made me a little over $3200 in a live account over the course of 4 weeks
Good, can you share yours setting to test ? It is possible ?
Thanks,
Quoting FXCyborg
I gotta say, thanks so much for making this EA.. works like a treat now... v1.45 im using. Your EA has made me a little over $3200 in a live account over the course of 4 weeks
can you tell us something about your settings?

Cheers
I'm atm testing this great EA and running even 8 demo accounts.

Most of them are at TF H1 / H4. The settings are all included in the folder attached.

So here you go:
https://www.myfxbook.com/members/AGT...4-euuj/1712104
(Didn't abandon this older version, although the v 1.08 is stoped - all in all it's better to use the newer versions MT7 posted here)
https://www.myfxbook.com/members/AGT...h4-all/1742395
https://www.myfxbook.com/members/AGT...h4-all/1742409
https://www.myfxbook.com/members/AGT...h1-all/1759905
https://www.myfxbook.com/members/AGT...h4-all/1760491
Here is the only daily test:
https://www.myfxbook.com/members/AGT...d1-all/1760205

And yes ! Just for fun I let these fancy demos at M1 run further:
https://www.myfxbook.com/members/AGT...-pairs/1743644
https://www.myfxbook.com/members/AGT...m1-all/1743646
I'm in doubt about the "winning" chances of these two demos ... so this test is more for showing the MC occuring sooner or later ...
Attached File(s)
File Type: zip MT7_Candle EA-test 30.08.16.zip   3 KB | 274 downloads
Quoting MathTrader7
{quote} Glad to hear that! Don't forget to withdraw regularly!

Not me buddy... I got enough to keep me going. It's an investment, not a pocket money account

Best regards!
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
Quoting fibo38
{quote} Good, can you share yours setting to test ? It is possible ? Thanks,
Already have, not sure which post it was though. sorry
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
Quoting FXCyborg
{quote} Already have, not sure which post it was though. sorry
Really ? Are u sure ? I went back and saw ur latest post at p 10...11 or so. But neither I saw a post with settings nor an attachment with a folder containing any setfiles ?
I did the same, but found nothing...
my settings for update 1.64 to Post # 547

EURUSD EURCHF USDCHF

DD yet 0.06% (2 open orders)
Attached File(s)
File Type: rar MathTrader_settings.rar   1 KB | 555 downloads
[Quote = ghostbiker; 9108921] mi configuración para la actualización 1.64 para publicar # 547 EURUSD EURCHF USDCHF {archivo} [/ quote]

thanks,
Quoting FXCyborg
{quote} Already have, not sure which post it was though. sorry
The EA have it.
But I have not settings
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