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Candle Martingale + EA

  • #1,221
  • Oct 4, 2016 10:44am Oct 4, 2016 10:44am
ECB said to near consensus on need to taper QE before it concludes

Clean to all orders
  • #1,222
  • Oct 4, 2016 11:14am Oct 4, 2016 11:14am
Quoting matsarvendal
{quote} Hi MathTrader7, Thank you for a great EA! I have used 1.64 on EURUSD and USDJPY, pattern type I as entry signal, (see detailed settings attached). And had pretty good figures using only a 500 euro account: E.g. EURUSD: Annual profit: +130% CAGR %/year: +130% (Compounded Annual Growth Rate) MDD %: -61% (Note: The MDD calculated on the % drawdown compared to initial deposit) MAR: 4.6 (CAGR/MDD%) Profit Factor: 2.04 (I'm attaching these version 1.64-settings for EURUSD and USDJPY for anyone to test.) The settings have worked pretty good in...
Hi matsarvendal,

At the moment I have no plan to further develop this EA. But if I decide to release a new version, I will include pattern type I in the trading logic.

Best,
Math
Trading is the hardest way to make easy money...
  • #1,223
  • Oct 4, 2016 11:35am Oct 4, 2016 11:35am
- today closed + 2% win and DD now 4.9% GMT 16:30

- highest DD today - 18%

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_MathTrader_10.04.JPG Size: 223 KB
  • #1,224
  • Oct 4, 2016 11:50am Oct 4, 2016 11:50am
I've reduce the Lots us following (13K Account)

- EU MA cross 0.12 Lot TP 18 / EU Bollinger Band 0.14 TP 21

- UF MA cross 0.12 Lot TP 18 / UF Bollinger Band 0.14 TP 21

- EF MA crsoss 0.12 Lot TP 18 / EF Bollinger Band 0.14 TP 21

DD will in the future round 50% lower the wins only 35% lower us in the past
  • #1,225
  • Oct 4, 2016 11:51am Oct 4, 2016 11:51am
Quoting MathTrader7
{quote} Hi matsarvendal, At the moment I have no plan to further develop this EA. But if I decide to release a new version, I will include pattern type I in the trading logic. Best, Math
Thanks!
  • #1,226
  • Oct 4, 2016 11:52am Oct 4, 2016 11:52am
Quoting ghostbiker
I've reduce the Lots us following (13K Account) - EU MA cross 0.12 Lot TP 18 / EU Bollinger Band 0.14 TP 21 - UF MA cross 0.12 Lot TP 18 / UF Bollinger Band 0.14 TP 21 - EF MA crsoss 0.12 Lot TP 18 / EF Bollinger Band 0.14 TP 21 DD will in the future round 50% lower the wins only 35% lower us in the past
Good!!! thanks
  • #1,227
  • Oct 4, 2016 2:01pm Oct 4, 2016 2:01pm
Quoting MathTrader7
{quote} Hi matsarvendal, At the moment I have no plan to further develop this EA. But if I decide to release a new version, I will include pattern type I in the trading logic. Best, Math

Do you think could be a good idea to compound profit any time?
I mean , not to enter with always same lot size( for example 0.1) but in % .
For example it should enter anytime with 1% or 3 % of the balance, after some profit it start to compound. It increase exponationally the performance.
What do you think?
  • #1,228
  • Oct 4, 2016 3:51pm Oct 4, 2016 3:51pm
As I said I am testing the version 1.70 of the EA.

Live account, 1:400 leverage, 0.01 initial lot, only eur/usd, 1 hr time frame. Marti factor 2.

I'm trying to understand how the sistem works and how the chosen timeframe affects the strategy.

How gridsize and timeframe are related once an order is open? I mean what is the difference, once that I have a position open, between a 60 pip movement within a minute bar or the same 60 pips movement within an hour bar.

If I have a 20 pip grid size I will have 3 levels open in both case or not?

I hope I have explained myself! Thanks
  • #1,229
  • Oct 4, 2016 9:05pm Oct 4, 2016 9:05pm
Yesterday, I got 36.59 USD.
And today, I got 30.53 USD.
I hope passive income for everyday.

It's still only short to follow the trend by H1 in GBPAUD chart.
Attached Image (click to enlarge)
Click to Enlarge Name: GA1.jpg Size: 169 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GA2.jpg Size: 307 KB
Money Never Sleeps
  • #1,230
  • Oct 5, 2016 2:47am Oct 5, 2016 2:47am
Quoting tony-fx
Yesterday, I got 36.59 USD. And today, I got 30.53 USD. I hope passive income for everyday. It's still only short to follow the trend by H1 in GBPAUD chart. {image} {image}

hi Tony,

what settings are you using? coz mine seems not trading in a H1 tf.
  • #1,231
  • Oct 5, 2016 3:56am Oct 5, 2016 3:56am
Quoting ch33sewiz
{quote} hi Tony, what settings are you using? coz mine seems not trading in a H1 tf.
- Default setting.
- M15 follow the trend by H1.
Money Never Sleeps
  • #1,232
  • Oct 5, 2016 4:01am Oct 5, 2016 4:01am
Quoting tony-fx
{quote} - Default setting. - M15 follow the trend by H1.
what do you mean by "M15 follow the trend by H1"?

Thanks
  • #1,233
  • Oct 5, 2016 4:12am Oct 5, 2016 4:12am
Quoting ch33sewiz
{quote} what do you mean by "M15 follow the trend by H1"? Thanks
@post
http://www.forexfactory.com/showthre...18#post9167918
http://www.forexfactory.com/showthre...84#post9170284
Money Never Sleeps
  • #1,234
  • Oct 5, 2016 4:26am Oct 5, 2016 4:26am
Quoting tony-fx
{quote} @post http://www.forexfactory.com/showthre...18#post9167918 http://www.forexfactory.com/showthre...84#post9170284
thank you
  • #1,235
  • Oct 5, 2016 7:46am Oct 5, 2016 7:46am
Quoting blade813
{quote} Thanks Math So I see this version has only the option to use Bollinger Bands. Going forward will this be the strategy you focus on for awhile ?
HI MT7...

The EA is highly appreciated...

Can you kindly reply to above question? I'm interested on other TradeSignalTypes that you had and not just bollinger bands... please enable add them back

Best regards,
Thaphu!
  • #1,236
  • Oct 5, 2016 7:52am Oct 5, 2016 7:52am
Quoting tony-fx
{quote} @post http://www.forexfactory.com/showthre...18#post9167918 http://www.forexfactory.com/showthre...84#post9170284
Hi Tonyfx,

So you are filtering trend manually? by looking at H1 for direction and set EA on M15 chart to Long only and short only?

This is strategy that was proposed by a friend of mine a year ago... never tested it though

Regards,
Thaphu
  • #1,237
  • Oct 5, 2016 7:57am Oct 5, 2016 7:57am
- today closed + 0.44 % DD now 3.4 % GMT 14:50
  • #1,238
  • Oct 5, 2016 8:39am Oct 5, 2016 8:39am
Hi all

I'm start to try this system, and i need to know how i can setup a daily stop, for example, when total earn 50 eu

Really thx
  • #1,239
  • Oct 5, 2016 9:24am Oct 5, 2016 9:24am
Quoting Stelgar
Hi all I'm start to try this system, and i need to know how i can setup a daily stop, for example, when total earn 50 eu Really thx
Run EA to another chart.
It'll close all when total earn = your target.

Download from here.
https://www.mql5.com/en/code/10597
Money Never Sleeps
  • #1,240
  • Oct 5, 2016 9:56am Oct 5, 2016 9:56am
Today, I got 78.42 USD.
I hope passive income for everyday.

Attached Image (click to enlarge)
Click to Enlarge Name: GA.png Size: 51 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GA2.png Size: 36 KB
Money Never Sleeps
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