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

  • #661
  • Jan 13, 2017 1:37pm Jan 13, 2017 1:37pm
Quoting Estoiko71
Hello everybody. I canno't run martingale2.1 exe What's the correct button's status? - OPEN ORDERS ON? - CLOSE EQUITY PLUS OFF? - START NEW TRADE ON? I try all combinations but the EA not run! Thanks in advance.
Did You switch on the Autotrading button? maybe
  • #662
  • Jan 14, 2017 7:09am Jan 14, 2017 7:09am
Quoting Kongjarl
WARNING! I encourage everyone to have a stop loss! Without a stop loss you will have a endless number of open orders, which will never be closed before they make profit, which can be never. This will result in your equity being maxed out and your account blown! I have tested with TP 1 and stop loss 10, with very good results. I had mad a profit of 120, but had open orders for more then 100. I cut my losses and started over again. My profit is now 30. Will make a new update when I have tested it more.
I tried that, put SL 5 eur on every EA (i have 13 M1 pairs open) and i started losing money. Without SL i basically doubled my balanced (Started at 108€ and in 2 days i got 205€ - demo account), so right now i'll continue without SL and we will see how far i can go. Need to manually cancel some orders if they go too much into negative side
  • #663
  • Jan 16, 2017 1:01am Jan 16, 2017 1:01am
Quoting Kongjarl
{quote} Nope. The marked is closed in the weekend, so it won't affect your orders. I keep them open and continue on monday.
I correct myself. Close all orders on friday
  • #664
  • Jan 16, 2017 1:19am Jan 16, 2017 1:19am
Quoting ppwest
{quote} Do you also close orders when the market closes on Fridays or do you keep them open over the weekend?
The gap will kill this kind of EA I think. Better to close trade in friday
Risk comes from not knowing what you're doing.
  • #665
  • Jan 16, 2017 1:21am Jan 16, 2017 1:21am
the latest version is working with live accounts ?
  • #666
  • Jan 16, 2017 1:25pm Jan 16, 2017 1:25pm
Hello

Somebody try it on live if U search to "live" word.
  • #667
  • Jan 16, 2017 4:45pm Jan 16, 2017 4:45pm
I have been testing the latest version on a live account since December 7. These are my results for EURUSD so far: 41 trades, 49,4% return.
  • #668
  • Jan 16, 2017 11:38pm Jan 16, 2017 11:38pm
Quoting brf2014
I have been testing the latest version on a live account since December 7. These are my results for EURUSD so far: 41 trades, 49,4% return.

Hi brf2014,

Which broker are you using on the "live" account?
What TF & settings are you using?
  • #669
  • Jan 16, 2017 11:44pm Jan 16, 2017 11:44pm
Quoting brf2014
I have been testing the latest version on a live account since December 7. These are my results for EURUSD so far: 41 trades, 49,4% return.
i tried to use demo to test. but now it's over.
coz open lots of orders but no SL.
  • #670
  • Edited 2:09am Jan 17, 2017 1:35am | Edited 2:09am
Quoting midnytdash
{quote} Hi brf2014, Which broker are you using on the "live" account? What TF & settings are you using?
Hi midnytdash,

My broker is Admiral Markets. I started with an account balance of 150 €. The timeframe I am using is H1. My settings are as depicted on the screenshots enclosed.

@edge0xc: Many thanks to the generous creator of this EA!

Best
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_2148.PNG Size: 217 KB
Click to Enlarge Name: IMG_2149.PNG Size: 220 KB
  • #671
  • Jan 17, 2017 2:28am Jan 17, 2017 2:28am
Quoting edge0xc
Hello Guys, i was a bit disappointed, when Mathtraders EA (http://www.forexfactory.com/showthread.php?t=598198) stopped working, so i tried to program the logic of that EA by myself. So far, i am pretty happy and maybe with your support we can improve/implement new things. This EA is based on Martingale Strategy so i can happen, that you blow your account. Use with caution! Cheers Alex Small description: Inputs: TakeProfit: Takeprofit in €. Closes Order when Profit is reached. StopLoss: Closes all Orders when the Drawdown is bigger then...
Hi, thank you for your sharing. Can you tell me when it will expire 2.1 version? Tnanks for your reply.
  • #672
  • Jan 17, 2017 3:24am Jan 17, 2017 3:24am
Here is another interval of my test. I have had a SL this week. Nevertheless, the performance is very good. In general, you should see an EA as a working tool that is actively monitored. Just turning on and running is more than negligent. I will still test a few weeks and should continue to run positively, the EA on a relatively large real money account run.
Attached Image (click to enlarge)
Click to Enlarge Name: Test.jpg Size: 166 KB
  • #673
  • Jan 17, 2017 3:56am Jan 17, 2017 3:56am
Quoting lesse
{quote} i tried to use demo to test. but now it's over. coz open lots of orders but no SL.
I have been successful with the settings I shared. Maybe you will be more successful using these. Best
  • #674
  • Jan 17, 2017 9:00am Jan 17, 2017 9:00am
Quoting brf2014
{quote} I have been successful with the settings I shared. Maybe you will be more successful using these. Best
what about your profit ?
use your successful settings
  • #675
  • Jan 17, 2017 1:34pm Jan 17, 2017 1:34pm
Quoting lesse
{quote} what about your profit ? use your successful settings
As said in post 667, the EA has generated 49,4% return since December 7. Best
  • #676
  • Jan 17, 2017 4:56pm Jan 17, 2017 4:56pm
Quoting brf2014
{quote} Hi midnytdash, My broker is Admiral Markets. I started with an account balance of 150 €. The timeframe I am using is H1. My settings are as depicted on the screenshots enclosed. @edge0xc: Many thanks to the generous creator of this EA! Best {image} {image}
Thanks for sharing your live trade experience and the setting info. EurUsd moved sharply up today and on such a day martingale trading usually gives a hard time. I would like to know how was your trade, perhaps with a chart and trade history, if you don't mind.
RS
  • #677
  • Jan 17, 2017 5:42pm Jan 17, 2017 5:42pm
GBP/USD holding a 6 trade grid on 30min real,waiting from a pull back to clear them out.Based on my back tests it should happen,fingers crossed it does !
  • #678
  • Jan 18, 2017 1:37am Jan 18, 2017 1:37am
Hi Edge,

first of all, thanks for your great work!

At the moment I run two tests and plan a third one
A/
EU, EF, UF in H1 (input MA and bollinger) => results here: https://www.myfxbook.com/members/sie...botacs/1898689

B/
(very intersting and exciting, as I prefer the DAX)
DAX (Ger30) in M1 (!) (input also MA and bollinger) => results here: https://www.myfxbook.com/members/sie...botacs/1932073

C/
(my plan)
DAX (Ger30) in M1 (like B/) with a small account, higher risk, means higher lotsize, but regularly (daily) withdrawals.


During my test i find a (smaller) problem: There is a constellation, where the EA tries to close a position, although the position isn't active anymore. So it produces always the following output:
...
3 09:32:58.014 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:32:59.022 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:00.001 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:01.003 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:02.003 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:03.015 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:04.001 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:05.014 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:06.014 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:07.018 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:08.018 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:09.014 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
3 09:33:10.014 Martingale2.1 Ger30Mar17,M1: unknown ticket 191123057 for OrderClose function
...

Perhaps you have time and an idea where it comes from?

Thanks and best regards
Siero
  • #679
  • Jan 18, 2017 1:57am Jan 18, 2017 1:57am
Quoting RisingSun
{quote} Thanks for sharing your live trade experience and the setting info. EurUsd moved sharply up today and on such a day martingale trading usually gives a hard time. I would like to know how was your trade, perhaps with a chart and trade history, if you don't mind. RS
EUR/USD currently holding a three grid trade.
  • #680
  • Jan 18, 2017 2:04am Jan 18, 2017 2:04am
Quoting brf2014
{quote} EUR/USD currently holding a three grid trade.
USD can go any direction on Friday when USA will have a new President. My fingers crossed.
Re. your setting, tp of 3 with 0.01 lot means 30 pips. Isn't this rather too demanding? But you say you are getting good results, which is amazing! Cheers,
RS
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