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Candle Martingale + EA

  • #901
  • Sep 14, 2016 4:50am Sep 14, 2016 4:50am
Quoting genko
Hello everyone, Meanwhile, a dutiful thanks to Math for the work of this EA, shared with all, I began to use it in demo, so far gone well, but today is a strange thing happened, I closed all orders at a loss, why? I include photos with the settings. sorry for my English. thanks again. {image}
Max Marti was set to 6 in your settings. The EA closes the basket if price goes one level more against us.
Trading is the hardest way to make easy money...
  • #902
  • Edited 4:45pm Sep 14, 2016 6:16am | Edited 4:45pm
my orders today + 1.95 % win / 1 order open now DD + 0.15 % (update GMT 21:43)

- total win + 14.7 % since 08.23

(picture not update)

Attached Image (click to enlarge)
Click to Enlarge Name: MathTrader09.14.png Size: 50 KB
  • #903
  • Sep 14, 2016 6:44am Sep 14, 2016 6:44am
Quoting forrest85
Hello Which is the best broker for this EA? My problem is that some brokers backtest didn't run with this EA. If I set something in EA and test it well but this settings not works another broker. ( What should I do?
I have Live and Demo accounts with Tickmill - no issues so far
  • #904
  • Sep 14, 2016 6:50am Sep 14, 2016 6:50am
With Tickmill works perfectly but I have to use another Broker because i can not register my country to Tickmill. I choose XM but the backtest didn't run through the period what I set. For example if I set 1 month to backtest then during the test it stops at half month. (
  • #905
  • Sep 14, 2016 8:31am Sep 14, 2016 8:31am
Hey,
I would like to learn more about this EA.
If not sure how to use the SL/TP.
What value is fine?.

Best regards,
Uli
  • #906
  • Edited 12:13pm Sep 14, 2016 9:15am | Edited 12:13pm
Acc $ ? Lot ? GridSize ? how much pairs ? what pairs ?

- today closed + 1.96%

- DD 0.2 % = 1 open order
  • #907
  • Sep 14, 2016 1:34pm Sep 14, 2016 1:34pm
Hi Math, thanks again for all of the hard work and sharing this incredible EA

Couple of questions. I have been playing around with version 1.64 trying to use the trade signal of "Trade Reverse Candle" .. I noticed this type is no longer in the newer versions. I have not been able to get a trade to fire using it. Was there a bug and that's why it was removed or does it require a specific setting ? Just curious as I think that would be a useful value.

Also, if a trade opens from a 15 min candle with Operation Mode set to "Open Prices" and Signal Type of Follow Previous Candle, and now price moves against me and I now have time frame set to 1 hour .. will new trade trigger at 15 minute mark as originally selected or will it wait until the 1 hour candle closes to trigger the next trade?

Thanks for your time,

blade
  • #908
  • Edited 1:51pm Sep 14, 2016 1:41pm | Edited 1:51pm
Hi Math,

Untill now 8% for the week , 10% for the month. With BB.

I think it should be very effective to use your EA with renko. I already use your multicharts renko ea.
I have tried it but it seems not to trigger any orders. I use the BBand also.
And the renko by itself is based on size... match very well with the grid system . anyway just my thought ...

Cheers

Pandagang
  • #909
  • Sep 14, 2016 2:03pm Sep 14, 2016 2:03pm
Quoting pandagang
Hi Math, Untill now 8% for the week , 10% for the month. With BB. I think it should be very effective to use your EA with renko. I already use your multicharts renko ea. I have tried it but it seems not to trigger any orders. I use the BBand also. And the renko by itself is based on size... match very well with the grid system . anyway just my thought ... Cheers Pandagang
sounds nice! would you share your set file? and which TF are you using on which pairs?

Cheers
  • #910
  • Sep 14, 2016 2:21pm Sep 14, 2016 2:21pm
Quoting blade813
Hi Math, thanks again for all of the hard work and sharing this incredible EA Couple of questions. I have been playing around with version 1.64 trying to use the trade signal of "Trade Reverse Candle" .. I noticed this type is no longer in the newer versions. I have not been able to get a trade to fire using it. Was there a bug and that's why it was removed or does it require a specific setting ? Just curious as I think that would be a useful value.
You're welcome! :-)

The option "Trade Reverse Candle" was removed due to bugs in its implementation. I may add this option later when the bug is fixed.

Quoting blade813
Also, if a trade opens from a 15 min candle with Operation Mode set to "Open Prices" and Signal Type of Follow Previous Candle, and now price moves against me and I now have time frame set to 1 hour .. will new trade trigger at 15 minute mark as originally selected or will it wait until the 1 hour candle closes to trigger the next trade?
Yes, it will.

Best,
Math
Trading is the hardest way to make easy money...
  • #911
  • Sep 14, 2016 2:22pm Sep 14, 2016 2:22pm
Quoting pandagang
Hi Math, Untill now 8% for the week , 10% for the month. With BB. I think it should be very effective to use your EA with renko. I already use your multicharts renko ea. I have tried it but it seems not to trigger any orders. I use the BBand also. And the renko by itself is based on size... match very well with the grid system . anyway just my thought ... Cheers Pandagang
Hi pandagang,

I will test the EA on Renko charts later. It may be more profitable

Best,
Math
Trading is the hardest way to make easy money...
  • #912
  • Sep 14, 2016 2:44pm Sep 14, 2016 2:44pm
Quoting MathTrader7
{quote} Max Marti was set to 6 in your settings. The EA closes the basket if price goes one level more against us.
Hi,

I have prepared an excel file that calculates how many orders our martingale EA supports before blowing up the account. It is very useful to determine the parameter Max Marti.
The input parameters that you need to provide (Upper left corner in the Excel sheet)
- Balance
- Number of pairs you are trading
- Grid size
- Martingale multiplier

The excel file will paint in green how many orders you can support with those inputs. Just change them and optimize your parameter!
(Take into account that it is based in an initial 0.1 lot. And also that the sheet will considered the worst case: All the pairs are going into the Max Marti at the same time. To change it, just write less "Number of pairs you are trading")

By the way, in paralel you will see the number of orders supported by the Martingale, but for the case of using a contained DD martingale.

Example:
Initial Balance: 1.000
Number of pair trading: 4
Grid size: 20 (200 points)
Martingala Mult: 1.5

Result:
Maximum number of Martingales: 6
Maximum number of Contained DD Martingales: 12

Hope you find it useful, and please consider implementing the option "Contained DD Martingale" in coming versions of the EA. It will reduce the risk of reaching Max Martin to less than half.

Thanks for your attention.
Regards
Attached Image (click to enlarge)
Click to Enlarge Name: ejemplo.JPG Size: 65 KB
Attached File(s)
File Type: xlsx Study martingalas.xlsx   17 KB | 386 downloads
  • #913
  • Sep 14, 2016 3:00pm Sep 14, 2016 3:00pm
Ghostbiker, will you share your ADR indi with some usefull tools share please?

quote=ghostbiker;9138082]ADR today 09.14 / I change not my GridSize settings {image} My Orders yesterday and today / total since 08.23 + 12.9 % win / DD now 3.8% {image}[/quote]
  • #914
  • Sep 14, 2016 3:54pm Sep 14, 2016 3:54pm
- 1000 $ Account and 4 pairs with Martingale ? I'm not grazy !
prefer with GU GA EJ UJ

- 1000 $ Account and 1 pair with Martingale is dangerous !
  • #915
  • Sep 14, 2016 4:25pm Sep 14, 2016 4:25pm
Quoting ghostbiker
- I have a own Indicator for ADR - ADR I use = monthly + weekly + last day : 3 = example EU 89 EF 40 UF 88 - I look by London open time 7:15 GMT about ADR and change the GridSize or not - is the ADR from the last day much greater or little, then I change with this the settings I read here the ADR / tomorrow in the morning 7:00 GMT I will sent a newest picture from the ADR {image}
ghostbiker,

I have one question:

You use ARD of the last three days to calculate the Gridside ?
Itīs correct ?
  • #916
  • Sep 14, 2016 4:32pm Sep 14, 2016 4:32pm
yes this is correct !

- example: GA had ADR 163 x 25% I would trade with GridSize 40 Pips (400) for tomorrow (but I trade NOT GA)
  • #917
  • Sep 14, 2016 4:46pm Sep 14, 2016 4:46pm
@gb, how do you exactly calculate the ADR, for example for the month?

And in older posts you prefer EU, UF and EF? You currently still use the same pairs? And which addition ones you could imagine, that they also could work?
  • #918
  • Sep 14, 2016 5:14pm Sep 14, 2016 5:14pm
- monthly is the ADR from the last month the difference Hi / Lo (monthly Chart is one candle)

- last week and last day : 3 = ADR (with monthly)

- but I look on the daily from the same day too (if expanded)

- I have a Dashboard for calculate the ADR

- yes ever the same pairs EU EF UF
  • #919
  • Sep 15, 2016 1:23am Sep 15, 2016 1:23am
Hi,

can someone please advise why I have both the first and second level of the martingale with the same lot size?

thank you.
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  • #920
  • Sep 15, 2016 2:24am Sep 15, 2016 2:24am
Quoting apachefx24
Hi, can someone please advise why I have both the first and second level of the martingale with the same lot size? thank you. {image}
This is the strategy of one sided Martingale.
Trading is the hardest way to make easy money...
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