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Attachments: New Martingale EA (logic like Mathtrader EA)
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New Martingale EA (logic like Mathtrader EA)

  • #341
  • Edited 5:51pm Dec 2, 2016 1:22pm | Edited 5:51pm
Also just another addition maybe which could be useful in the future, maybe not so much with my settings as they are usually short trades open for a very small amount of time. For other settings maybe have a setting that stops the EA from opening a new cycle / trade so you can exit safely without messing up trades or closing some in profit.

Open new trades: False / True

This is my live test and the settings are below with a back test on EURUSD - Minimum grid can be tweaked for each pair so settings vary slightly.

https://www.mql5.com/en/signals/244832

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 1m Test.PNG Size: 58 KB

  • #342
  • Dec 3, 2016 3:48pm Dec 3, 2016 3:48pm
Promising results. Isn't it?
  • #343
  • Dec 3, 2016 3:49pm Dec 3, 2016 3:49pm
Quoting Ipodbob
Also just another addition maybe which could be useful in the future, maybe not so much with my settings as they are usually short trades open for a very small amount of time. For other settings maybe have a setting that stops the EA from opening a new cycle / trade so you can exit safely without messing up trades or closing some in profit. Open new trades: False / True This is my live test and the settings are below with a back test on EURUSD - Minimum grid can be tweaked for each pair so settings vary slightly. https://www.mql5.com/en/signals/244832...
already added this option in the EA. hope i can upload a new version tomorrow.

Cheers
  • #344
  • Edited 11:08pm Dec 3, 2016 7:10pm | Edited 11:08pm
Quoting edge0xc
{quote} already added this option in the EA. hope i can upload a new version tomorrow. Cheers
i agree with Ipodbob.

But, to be more specific, would you also put the option to "stop" new cycle at a certain price?

I combined this ea with fibonacci retracement. So When it hit the price at certain fibonacci level (which i input manually), i might look for another setup according to the trend condition.

To go further (hehe...), instead of just stop option with price, would it even also possible to put the option to "start" new cycle at certain price?

So, the new input might be something like "Price Range", that can be set going both sides up or down;

Price A (cycle start) : ...
Price B (cycle stop) : ...

Cheers a lot mate. Great job here!
  • #345
  • Edited 11:10pm Dec 3, 2016 9:05pm | Edited 11:10pm
Another addition about the TP...

Is it possible to add options of "TP in Pips" or "TP in Points".

Take Profit : .... pips or
Take Profit : .... points (for 5 digits broker)

So, when it reached a certain martingale level.. the EA will count total lot, and set the TP to certain points of the total lot.

e.g.; with 1.382 lot multiplier, start 1 lot, 7 martingale level, TP 10 pips or 100 points, let says the TP would be;

1 + 1 + 1.38 + 1.91 +2.64 + 3.65 + 5.04 = 16.62 lot x 10 pips.

Thanks a lot mate!

Have a look on this one for comparison about the averaging take profit...
Attached File(s)
File Type: mq4 Adenan Scalping.mq4   28 KB | 1,788 downloads
File Type: ex4 Adenan Scalping.ex4   54 KB | 1,046 downloads
  • #346
  • Dec 4, 2016 1:09am Dec 4, 2016 1:09am
Hello to all. Great to see that you guys have taken on this EA . Edge0xc, awesome job on the EA.
I've run a couple of back tests and think I have found something that will work on the GBPJPY. I plan to test the EA on a live account. Yes, I said test, forward testing is best determined when you are using a real account .

Edge0xc:
1. If you get a chance please provide an input that would allow us to turn on or off the print statements seen in the Experts Log tab. Something like ShowPrintStatements=False/True that would be great

2. This is just to confirm . Is profit determined in this fashion?
OrderProfit() + OrderCommission() + OrderSwap().

Ok, have a great weekend and best of luck to all this coming week.
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #347
  • Dec 4, 2016 6:18am Dec 4, 2016 6:18am
Quoting edge0xc
{quote} already added this option in the EA. hope i can upload a new version tomorrow. Cheers
You're a legend man I was quite surprised that using grid multi doesn't actually work that well at all for some reason not as good as I had hoped anyway but with continued development maybe this will become a pretty amazing Martin EA. Keep up the good work
  • #348
  • Dec 4, 2016 5:02pm Dec 4, 2016 5:02pm
hI edge,
Just spotted a possible problem with the EA ! I had the ea open two grid trades on Friday,Market came back on line today (Sunday) after about 1hr the tp target was reached but ea only closed one of the trades.I closed the other one manually.
No idea why this happened,only thing I can think off is slippage and retry's to close.

Or was it because the second trade was in profit as well and it would have closed it at a different time ? Please advise.
Thank you.
  • #349
  • Dec 5, 2016 1:09am Dec 5, 2016 1:09am
This can happen, when using smartslippage

cheers



Quoting nihilist23uk
hI edge, Just spotted a possible problem with the EA ! I had the ea open two grid trades on Friday,Market came back on line today (Sunday) after about 1hr the tp target was reached but ea only closed one of the trades.I closed the other one manually. No idea why this happened,only thing I can think off is slippage and retry's to close. Or was it because the second trade was in profit as well and it would have closed it at a different time ? Please advise. Thank you.
  • #350
  • Dec 5, 2016 2:27am Dec 5, 2016 2:27am
Quoting nihilist23uk
hI edge, Just spotted a possible problem with the EA ! I had the ea open two grid trades on Friday,Market came back on line today (Sunday) after about 1hr the tp target was reached but ea only closed one of the trades.I closed the other one manually. No idea why this happened,only thing I can think off is slippage and retry's to close. Or was it because the second trade was in profit as well and it would have closed it at a different time ? Please advise. Thank you.
Hey edge,

same behavior over here. I was just watching it live. Two open buys (MA entry, one from last friday open and one opened today. The one from today closed in (massive) profit while the other stays open (in loss), where the sum was way over TP.
I have to say, that I manually change the Gridsize accoring tho the last days ADR. May be this change of the settings during an open cycle hast some impact?

Cheers
Barlam
  • #351
  • Dec 5, 2016 2:46am Dec 5, 2016 2:46am
Quoting Barlam
{quote} Hey edge, same behavior over here. I was just watching it live. Two open buys (MA entry, one from last friday open and one opened today. The one from today closed in (massive) profit while the other stays open (in loss), where the sum was way over TP. I have to say, that I manually change the Gridsize accoring tho the last days ADR. May be this change of the settings during an open cycle hast some impact? Cheers Barlam
Hey Barlam,

i will look into it. Maybe Slippage was an issue and it could close the trade. I will check it tonight.

Cheers
  • #352
  • Dec 5, 2016 2:58am Dec 5, 2016 2:58am
Quoting edge0xc
{quote} Hey Barlam, i will look into it. Maybe Slippage was an issue and it could close the trade. I will check it tonight. Cheers
Thx for Your statement edge,

if it might be the problem, how do You suggest to change the setting for slippage (it's default by now)?
Of cause You might wait with some suggestion until You could validate that it in fact is correlated to the slippage...

Cheers
  • #353
  • Dec 5, 2016 3:29am Dec 5, 2016 3:29am
Quoting Barlam
{quote} Thx for Your statement edge, if it might be the problem, how do You suggest to change the setting for slippage (it's default by now)? Of cause You might wait with some suggestion until You could validate that it in fact is correlated to the slippage... Cheers
Hey,
so what happend: (tell me if i am correct)

The EA didnt close all orders (after they all reached TP)

Cheers
  • #354
  • Dec 5, 2016 3:45am Dec 5, 2016 3:45am
Quoting edge0xc
{quote} Hey, so what happend: (tell me if i am correct) The EA didnt close all orders (after they all reached TP) Cheers
Hi edge,

one word: Yeppp!

Cheers
Barlam
  • #355
  • Dec 5, 2016 5:15am Dec 5, 2016 5:15am
Could someone clarify for me,if grid size is set for 300 (30 pips) shouldn't the slippage be 30 for 3 pips and smart slippage 50 for 5 pips
default is 5.0 for smart and 3 for slippage.
Maybe that is what is causing the problem.
  • #356
  • Dec 5, 2016 12:29pm Dec 5, 2016 12:29pm
Hi edge, I have a question about the start and end hour inputs.

Are the start/end hours geared toward the broker time or did you do add a calculation, such that they represent GMT hours? I placed my time restrictions to start 0hr and end at hour 8 (no minutes) but the EA opened up trades on my broker, at 14hrs and 18hrs. (no worries I got profit lol).
thank you
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #357
  • Dec 5, 2016 1:09pm Dec 5, 2016 1:09pm
Quoting fibo38
{quote} Its the same indy. Here you. {file}
Hello.I have a question about indicator Daily range Gb V 1.0..I put indicator on chart and i don"t know what mean-Set grid to:81(25%).I know what is a grid,but for confirmation,I must be sure.
Thanks for answer!
  • #358
  • Dec 5, 2016 1:16pm Dec 5, 2016 1:16pm
Quoting Alex1055
{quote} Hello.I have a question about indicator Daily range Gb V 1.0..I put indicator on chart and i don"t know what mean-Set grid to:81(25%).I know what is a grid,but for confirmation,I must be sure. Thanks for answer!
it's a distance betwine orders, if your grid = 81, next order will be in 81 pips - it's too much. Set to 10%.
  • #359
  • Dec 5, 2016 1:29pm Dec 5, 2016 1:29pm
hard day on EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: Zrzut ekranu 2016-12-05 o 20.28.56.png Size: 45 KB
  • #360
  • Dec 5, 2016 2:34pm Dec 5, 2016 2:34pm
Quoting Barlam
{quote} Hi edge, one word: Yeppp! Cheers Barlam
everything seems working, so that was a slippage issue. after it wasn't possible to close all trades together, the EA saw the still opened trades as already opened trades for a new cycle. so no mistake from the EA.

Cheers
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