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Candle Martingale + EA

  • #621
  • Aug 31, 2016 7:16am Aug 31, 2016 7:16am
Quoting andres11617
{quote} OK, this set I started today {image} {file}
maybe you need to review again the TP and SL level? TP $2 vs SL $150? even if all went smoothly you need 75 wins and 1 lost to be BE.

V1.7 is okay with default setting but yes, you need to see the most profitable setting in the lot size and TP.
let say with capital $5K, lot size 0.01 will run safely in major pairs but if you use tp in money $100 it will bring a slow profit.
the important one is to find the good combination between lot size and TP in money according to your equity.
making money is easy in forex, losing money is even easier...
  • #622
  • Aug 31, 2016 7:36am Aug 31, 2016 7:36am
Quoting andres11617
and account with almost the same settings started today, M30, 6 pairs, l=0.01 {image}
The draw down is really magnificent, not even half a percent!!!
  • #623
  • Aug 31, 2016 7:36am Aug 31, 2016 7:36am
Quoting gugun555
{quote} maybe you need to review again the TP and SL level? TP $2 vs SL $150? even if all went smoothly you need 75 wins and 1 lost to be BE. V1.7 is okay with default setting but yes, you need to see the most profitable setting in the lot size and TP. let say with capital $5K, lot size 0.01 will run safely in major pairs but if you use tp in money $100 it will bring a slow profit. the important one is to find the good combination between lot size and TP in money according to your equity.
totally agree with you on that, risk management is a must.
  • #624
  • Edited 9:05am Aug 31, 2016 7:46am | Edited 9:05am
Here is an update of my post #555

I renewed 5 demos (GP 38,39,50,51,52) - I used at these demos older versions of the bot (lower then 1.55 !).

Restarted the 5 platforms: all with 1.70, H1, all pairs (25k account), it's a test of 5 "Trade Signal Types" (MA crossing/Pattern I/Pattern II/Randomly/Prev. Candle). Setfiles in detail are again included in the attached folder.

https://www.myfxbook.com/members/AGT...-pairs/1743644
https://www.myfxbook.com/members/AGT...h1-all/1743646
https://www.myfxbook.com/members/AGT...h1-all/1764199
https://www.myfxbook.com/members/AGT...h4-all/1742395
https://www.myfxbook.com/members/AGT...h1-all/1742409

(Don't worry about red pips atm - I closed all trades at these 5 platforms manually and use the same demo accounts for further testing of the v 1.70)
Attached File(s)
File Type: zip MT7_Candle EA v 1.70 test start 31.08.2016.zip   3 KB | 485 downloads
  • #625
  • Aug 31, 2016 8:19am Aug 31, 2016 8:19am
Quoting DerBerliner
Here is an update of my post #555 I renewed 5 demos (GP 38,39,50,51,52) - I used at these demos older versions of the bot (lower then 1.55 !). Restarted the 5 platforms: all with 1.70, H1, all pairs (25k account), it's a test of 5 "Trade Signal Types" (MA/Pattern I/Pattern II/Randomly/Prev. Candle). Setfiles in detail are again included in the attached folder. https://www.myfxbook.com/members/AGT...-pairs/1743644 https://www.myfxbook.com/members/AGT...h1-all/1743646...
Thank you for providing links to your forward test results. As I guessed, Random Trading has performed the best so far
Trading is the hardest way to make easy money...
  • #626
  • Aug 31, 2016 8:19am Aug 31, 2016 8:19am
@DerBerliner: 11 Paare auf M1 mit Martingale ? die wissen scheinbar gar nicht was das ist
  • #627
  • Aug 31, 2016 8:31am Aug 31, 2016 8:31am
@MathTrader: please insert for a own Comment
  • #628
  • Aug 31, 2016 8:33am Aug 31, 2016 8:33am
Quoting gugun555
{quote} maybe you need to review again the TP and SL level? TP $2 vs SL $150? even if all went smoothly you need 75 wins and 1 lost to be BE. V1.7 is okay with default setting but yes, you need to see the most profitable setting in the lot size and TP. let say with capital $5K, lot size 0.01 will run safely in major pairs but if you use tp in money $100 it will bring a slow profit. the important one is to find the good combination between lot size and TP in money according to your equity.
SL figure depends about your balance and MM, namely the risk you choose in trading. Currently I am testing other parameters and usually at this testing phase I set it =0, so 150 is okay for me now.
  • #629
  • Aug 31, 2016 8:59am Aug 31, 2016 8:59am
all Orders from start 22.08.2016: closed with TP

1 Order more closed now, all closed no open Orders

Attached Image (click to enlarge)
Click to Enlarge Name: ZZMathTrader3108.jpg Size: 238 KB
  • #630
  • Aug 31, 2016 9:31am Aug 31, 2016 9:31am
Quoting ghostbiker
all Orders from start 22.08.2016: closed with TP 1 Order more closed now, all closed no open Orders {image}
How much is the account ?
  • #631
  • Aug 31, 2016 10:01am Aug 31, 2016 10:01am
- 10K (by Martingale you need Acc with 1000 per 0.01 Lot but not Start under 1500)

- and don't work with 11 Pairs or more, the Acc will not longer life then 1 week

- and don't work on M1 with Martingale
  • #632
  • Aug 31, 2016 11:54am Aug 31, 2016 11:54am
Quoting xmess7
MathTrader7: The EA is looking good. Please consider adding one input that controls Candle Range. For example: If(CandleRange>60) StopTrading=true; The EA would sttop trading and allow the current trades to close at 0 profit, or the user can close them The EA would reactivate either manually (user restarting EA) or when the start time comes up. I have found this to be useful for when price starts to become volatile. So far I have seen this work on the lower TFs. It has not failed to stop the EA from trading when the pair is ranging crazy and thereby...
Hi folks.. I'm back.. lol.

MathTrader7 how you doing? Looks like the EA is shaping up well, I see good results. I started testing it on a live account. No worries the live account is small and that means that I have alot more to gain than to lose .

Anyhow, Like Pandagang, I do not see the time filter working. I set my times and select the input to use Filter1=true but no trade is executed. I am using just the hours and have them set to start hour:19 end hour:6. I also tried this in the strat tester and same result no trades for that period. Please advise
Our AWESOME IMAGINATION is the true holy grail!
  • #633
  • Edited 12:34pm Aug 31, 2016 12:12pm | Edited 12:34pm
Quoting xmess7
{quote} Hi folks.. I'm back.. lol. MathTrader7 how you doing? Looks like the EA is shaping up well, I see good results. I started testing it on a live account. No worries the live account is small and that means that I have alot more to gain than to lose . Anyhow, Like Pandagang, I do not see the time filter working. I set my times and select the input to use Filter1=true but no trade is executed. I am using just the hours and have them set to start hour:19 end hour:6. I also tried this in the strat tester and same result no trades for that period....
Hello xmess7,

Please note that End Hour must be LOWER than Start Hour, other wise the EA won't take any trade.

For example, if you want to set the EA to work from 19:00 to 06:00 in your broker's time, you have to enable both time filters as below:

Use Time Filter 1? Yes
Start 1 Hour (0-23) = 19
Start 1 Minute (0-59) = 0
End 1 Hour (0-23) = 23
End 1 Minute (0-59) = 59
Use Time Filter 2? Yes
Start 2 Hour (0-23) = 0
Start 2 Minute (0-59) = 0
End 2 Hour (0-23) = 6
End 2 Minute (0-59) = 0

Best,
Math
Trading is the hardest way to make easy money...
  • #634
  • Aug 31, 2016 12:31pm Aug 31, 2016 12:31pm
Sorry, but is it pc time or broker time that matters?
  • #635
  • Aug 31, 2016 12:33pm Aug 31, 2016 12:33pm
Quoting bazze
Sorry, but is it pc time or broker time that matters?
Good question! It is in your broker's time.
Trading is the hardest way to make easy money...
  • #636
  • Aug 31, 2016 1:02pm Aug 31, 2016 1:02pm
Quoting MathTrader7
{quote} Hello xmess7, Please note that End Hour must be LOWER than Start Hour, other wise the EA won't take any trade. For example, if you want to set the EA to work from 19:00 to 06:00 in your broker's time, you have to enable both time filters as below: Use Time Filter 1? Yes Start 1 Hour (0-23) = 19 Start 1 Minute (0-59) = 0 End 1 Hour (0-23) = 23 End 1 Minute (0-59) = 59 Use Time Filter 2? Yes Start 2 Hour (0-23) = 0 Start 2 Minute (0-59) = 0 End 2 Hour (0-23) = 6 End 2 Minute (0-59) = 0 Best, Math
Ah!! Thank you..
Our AWESOME IMAGINATION is the true holy grail!
  • #637
  • Aug 31, 2016 1:07pm Aug 31, 2016 1:07pm
Quoting ghostbiker
all Orders from start 22.08.2016: closed with TP 1 Order more closed now, all closed no open Orders {image}
Could you share your settings and initial deposit?

Thanks.
  • #638
  • Aug 31, 2016 1:10pm Aug 31, 2016 1:10pm
- all includet in the post above
  • #639
  • Aug 31, 2016 1:21pm Aug 31, 2016 1:21pm
Quoting ghostbiker
- all includet in the post above
Which post number?
  • #640
  • Aug 31, 2016 2:25pm Aug 31, 2016 2:25pm
Version 1.72 of the EA released (I updated Post 1). In this version there is a separate grid size input parameter for the anti-martingale functionality. The backtest is based on Bollinger Bands and the input settings is attached to this post.
Attached Image (click to enlarge)
Click to Enlarge Name: mt7_candlemarti_bt_v172.png Size: 51 KB
Attached File(s)
File Type: zip MT7_CMarti_BB_M30_172.zip   < 1 KB | 742 downloads
Trading is the hardest way to make easy money...
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