Strom Martingale EA + source code

Hello traders,
My coder made an EA for me, and I want to share with all of you.



Logic:
BB
MA
100 pips momentum (insert 100pipsMomentum_1.4 into indicator folder)

The best results - EURUSD TF H1, logic: BB

Try it live for a 1000 trades. Then come back to report. Thanks.

Nice EA. Subscribed.

Hi Strom
I appreciated to you for this share .

Yes, I know that it isn't perfect!

Yes, Strom, No system is perfect.

I don't want to enter in the "Martingale, good or bad?" debate, and I am unfortunately not skilled enough when it comes to coding. So I can't help you at all, but I wish you all the best to improve your EA and make it a pip machine

Subscribed and good luck to you.

I also created an EA quite similar to this. When it does its job it does it job well, however when losses are getting more and more the psychological factor comes into play. This is certainly true when you are trading live.

My experience with these kind of martingale systems is to enter on its lows or highs, but if you know how to predict this it doesn't matter what system you are using.

Good luck to you! Hope I can learn something from this topic.

Hi mate,

i like the idea , i tested it for the min1 time frame with my values (for the last 4 months),very hard period!

looks nice

EU MIN1 400usd start capital

the whole 2016 year min1 EU start Capital 400usd

inersting ea

Thank you Storm.....,Subscribed.


Please can you add RSI as a logic.

RSI methode:
-RSI Overbought-OverSold = level 70-30
Buy if = RSI Break level 30 from Botom to UP (Rsi is going UP)
Sell if = RSI Break level 70 from UP to Bottom. (Rsi is going down)

Thanks

Subscribed! I'll run some tests as well and see how it works.

Thanks!

Thanks for sharing, will backtest and update the result

Hi Almo,
which setting did you use?

Almo, show your settings for M1 please. What do you think to add as logic 3xCCI (your idea).

The chart and stats shows, it can wipe your account if started correct time. Lot size should decrease at least half. for these settings.
and I think it wont survive e 2013, like most of the grids or marties.

I think you need to keep it for yourself my friend lot of jokers around here i will pm u later .
Cheers.

Your initial deposit is 400$ and maximal drawdown is 561$, if you started trading before drawdown, your account will be wiped.
very clear. , I am using grids by myself and made what i use, and using it carefully those times when pair is ranging.
no jokers around here. Just trying to help.

I think people who use grids should do intensive research of they nature with different pairs, that way they will succes with them.
and they should code one them self, and do homework, when keep them running and when not
if people just use them blindly, without proper calculation of lot size,levels, grid size,steps,.... disaster will happend.