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Candle Martingale + EA

  • #801
  • Sep 9, 2016 4:10am Sep 9, 2016 4:10am
Quoting siero
Yes. It is a setting for a small account (100 EUR) with daily withdrawals....
It is a very good ideia. I am following your fxbook. Good work. And thx for share the settings.
  • #802
  • Sep 9, 2016 4:11am Sep 9, 2016 4:11am
Quoting fibo38
{quote} Please can you share your indicator ARD ? thanks
being anxious to see whether she will provide you with the indi...
I never lose - either I win or I learn...
  • #803
  • Sep 9, 2016 7:28am Sep 9, 2016 7:28am
Quoting ghostbiker
closed orders yesterday and today: {image} now close 3 today with TP total since 08.23 = + 8.0 % win
hi, what setting are you using for this ea?
whar pair? timeframe?
  • #804
  • Sep 9, 2016 7:39am Sep 9, 2016 7:39am
- Version update 1.64 (orders by open candle) -orders by tick is dangerous for me-

- TimeFrame H1

- pairs EU + EF + UF

- GridSize EU and UF 18 Pips (180) EF 15 Pips (150)

- TP 22 by 0.2 Lot (10K Account)

- SL without
  • #805
  • Sep 9, 2016 8:02am Sep 9, 2016 8:02am
Quoting ghostbiker
closed orders yesterday and today: {image} now close 3 today with TP total since 08.23 = + 8.0 % win
IT IS VERY DIFFICULT FOR YOU TO SHARE YOUR SETS. Many users have requested it.
I have asked many times if you can share your adr indicator. no way.
Here the only thing ENVY TO GIVE TO OTHERS.
This is incredible.
SHARE AND HELPING OTHERS.LIVE GERMANY
  • #806
  • Sep 9, 2016 8:13am Sep 9, 2016 8:13am
I have share my settings you must read the thread !

- you must only give in the complete settings I have written here in the thread

- is this to much work ? if you give in only the finished settings you will not understand what the EA do !!

I have share here my ADR / GridSize settings and a pic
  • #807
  • Sep 9, 2016 8:46am Sep 9, 2016 8:46am
Quoting ghostbiker
I have share my settings you must read the thread ! - you must only give in the complete settings I have written here in the thread - is this to much work ? if you give in only the finished settings you will not understand what the EA do !! I have share here my ADR / GridSize settings and a pic
In this forum I have many people, does not understand.
If you share your sets just beginning to understand.
About the ADR indicator, I ask you to please share it, and you give a photo. What is the name of the indicator ? It´s a GRIAL SYSTEM
You will not share your sets and indicators
Do not post your results here. Stop giving envy to the members the forum.
  • #808
  • Sep 9, 2016 11:19am Sep 9, 2016 11:19am
@ghostbiker, thanks about sharing your settings and above all your thoughts. It helps me a lot. And I understand, that the setting is not a fixed part, at least, if you trade a bigger account (for my test with a small account of 100 Euro I use a fixed one at present, but I also think about to change it daily).

I'm not sure, the 1.64 is the last version with order by open candle?

Siero (still on holiday ... and back in Bavaria on Sunday)
  • #809
  • Sep 9, 2016 11:27am Sep 9, 2016 11:27am
MathTrader7:

Question. How does the EA handle taking profit after it has reached the end time and it disables it's self from trading?
So far on 2 occasion, I have seen the EA close all trades with a very small loss. Is this expected and what do u recommend we set in our inputs to control this. Just don't want to see one day that small loss become a somewhat bigger one .

I am using EA version 1.7 and here are some of the key settings:

Use-AntiMartingale?=Yes
Exponential Basket Close?=No
GridSize=170
Net TP(money)=0
Check TakeProfit at =Every Tick
and of course I have set start and end times.

Please advice
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #810
  • Sep 9, 2016 11:27am Sep 9, 2016 11:27am
I mean 1.71 is the last version with Candle open orders

- the ADR Indicator is a special custom Indicator, is in function and free only on my own accounts

- yes I control every day the Gridsize for update

the travel trader ghostbikerIn
  • #811
  • Sep 9, 2016 1:01pm Sep 9, 2016 1:01pm
Quoting ghostbiker
I mean 1.71 is the last version with Candle open orders - the ADR Indicator is a special custom Indicator, is in function and free only on my own accounts - yes I control every day the Gridsize for update the travel trader ghostbikerIn
in v1.75 there is option you need if I am correct?
Attached Image
  • #812
  • Sep 9, 2016 1:58pm Sep 9, 2016 1:58pm
Quoting xmess7
MathTrader7: Question. How does the EA handle taking profit after it has reached the end time and it disables it's self from trading? So far on 2 occasion, I have seen the EA close all trades with a very small loss. Is this expected and what do u recommend we set in our inputs to control this. Just don't want to see one day that small loss become a somewhat bigger one . I am using EA version 1.7 and here are some of the key settings: Use-AntiMartingale?=Yes Exponential Basket Close?=No GridSize=170 Net TP(money)=0 Check TakeProfit at =Every Tick...
HI xmess7,

If it happened in the backtest, then I guess you have set the mode to Control Points.
If it happened in live/demo forward test, then there must be a quick jump of price after the EA calculated the net profit to be greater than zero. There is no way to completely avoid this problem if price changes against our favorite direction at the time of closing the basket of orders.

Best,
Math
Trading is the hardest way to make easy money...
  • #813
  • Sep 9, 2016 2:21pm Sep 9, 2016 2:21pm
Quoting MathTrader7
{quote} HI xmess7, If it happened in the backtest, then I guess you have set the mode to Control Points. If it happened in live/demo forward test, then there must be a quick jump of price after the EA calculated the net profit to be greater than zero. There is no way to completely avoid this problem if price changes against our favorite direction at the time of closing the basket of orders. Best, Math
Thnx for the quick reply. Its a live account.
One possible way is to add a buffer that is one commission above 0 profit (for brokers with commission) and a say 0.3 pips for brokers with no commission.
So basically the EA would not just look for >0 profit but also a small buffer, thereby raising the probability of no loss escape.

No worries, just suggestions, I will just have to live with very occasional 20 to 23 cent loses LOL
In reality when that does happen that is good cause that means that the EA is done for the day and all former profit is protected... well except FREAKIN 20 cents LOL just joking..

Peace
Our AWESOME IMAGINATION is the true holy grail!
  • #814
  • Sep 9, 2016 3:06pm Sep 9, 2016 3:06pm
[Quote = ghostbiker; 9129092] si è chiusa ordini ieri e di oggi: {immagine} ormai prossimo 3 oggi, con totale TP da 08.23 = + 8,0% win [/ quote]

Le impostazioni sono da un TF 1 H, poi mette un grafico con 15m TF. L'ego non è mai abbastanza?
  • #815
  • Sep 9, 2016 4:03pm Sep 9, 2016 4:03pm
- yes I have set for a test only for today the TF to M15 because the low move today

- now I have set back to H1

Attached Image (click to enlarge)
Click to Enlarge Name: MATHTRADER09.09.2.png Size: 53 KB
  • #816
  • Edited Sep 10, 2016 11:32am Sep 9, 2016 4:10pm | Edited Sep 10, 2016 11:32am
Hi together

Here are my results of my small account (100 EUR) test:
Monday 29 EUR withdrawn
Tuesday 29 EUR withdrawn
Wednesday blown up!! 76 EUR deposited :-(
Thursday 44 EUR withdrawn
Friday 28 EUR withdrawn

So, all in all it still fits. From beginning 180 EUR deposited, 272 EUR withdrawn and still an account of 100 EUR. Let's see what the next week will bring. (settings and MyFXbook are linked in further posts.)

Nice weekend
Siero
  • #817
  • Sep 10, 2016 9:15am Sep 10, 2016 9:15am
Hello Guys,

I am new here, i downloaded the ea 2 days before. I am not the expert, and I started using it on live account. I am using standard setting, as i do not understand much the only thing I have done is exponentional basket close = yes. Just wanted to ask am i lucky or is there anything I can change to make it more safer? My trades history is attached.

I am using it on 4 charts all 1 hours
Eur/Usd
Aud/Usd
Gbp/Usd
Usd/Jpy
Attached Image (click to enlarge)
Click to Enlarge Name: ea.png Size: 158 KB
  • #818
  • Sep 10, 2016 9:28am Sep 10, 2016 9:28am
Quoting MathTrader7
{quote} I am working on a dynamic grid algorithm which may work better.
My idea: Simply dynamic grid - multiplying grid size with adjustable coefficient (1.1 ... 1.2 ... 1.8).
  • #819
  • Sep 10, 2016 11:34am Sep 10, 2016 11:34am
Hi Mathtrader7

I have been lurking this thread long time now. I really appreciate your work and your approach to the forum users.

I have started a forward demo testing.

Any progress on the dynamic grid sizing based on adr as suggested by Ghostbiker?

Regards,

K.
  • #820
  • Sep 10, 2016 11:49am Sep 10, 2016 11:49am
-Potential Issue

if Martingale Multiplayer is set to 1.0 . and TP is High and you using 1H charts or higher it can be devastating. even by using 0.01 lots.

if EA will enter on start of new trend in the oposite direction it will wipe the account .
the possible solution is using Martingale Multiplayer more than 1.0
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