New Martingale EA (logic like Mathtrader EA)
30 pairs , $5000 , 1:500
M5 http://www.myfxbook.com/members/Good...328030/1961293
M15 http://www.myfxbook.com/members/Good...328035/1961303
M5 http://www.myfxbook.com/members/Good...328030/1961293
M15 http://www.myfxbook.com/members/Good...328035/1961303
- #778
- Feb 10, 2017 3:16am Feb 10, 2017 3:16am
{quote} bad luck. You still need to use another ea which can help you to set SL.
I've tried with various EA and various SL settings. No matter what, I can't seem to trust this EA. I'm not saying that this can't work, I just don't trust it, and therefore I will stop this EA and only do my manuel trading.
Best of luck to all, hope you can make green pips
{quote} Hi Lesse, I've tried with various EA and various SL settings. No matter what, I can't seem to trust this EA. I'm not saying that this can't work, I just don't trust it, and therefore I will stop this EA and only do my manuel trading. Best of luck to all, hope you can make green pips
this is dangerous.
Guys, I'm a bit surprised by the last comments. But first I think that Edge deserves some compliments because this EA works really fine, technically speaking. No bugs, no strange activity outside the setting. Well done.
Then... it has been clear from the beginning that this is a martingale EA and everybody who knows something about EAs knows pros & contras of these EAs. Basically: big risk, big money. Small risk small money.
If you want big risk, (and $$$) don't let the EA unattended. Period.
I use some moderately aggressive setting on 1M & 5M charts starting 7AM (GMT) until 4PM. If there is some wild movements I can try to manage the trades that are dangerous. Before Asian session I check here on FF if there are potentially disrupting news: if yes, I switch off the EA or change the TM to 4H.
Something else that I am trying is to have 2 different setting for long and short, as it is known that frequently the prices fall faster than rise: in the shorts I use "Grid multi" (1.2), "MartMulti" (1.7) and "MaxMartingale Steps" (6/7/8 depends on the currency).
I cannot be precise because I am using also other EAs (Ilan, among them), but I am some +50% in 2 weeks.
Small cent account, 200$. That's why I can be aggressive, but real.
Finally: there is "max Loss" on the third line of the setting. I don't understand why you cannot use it, if you are afraid to blow up your account.
Again my compliments and gratitude to Edge.
Then... it has been clear from the beginning that this is a martingale EA and everybody who knows something about EAs knows pros & contras of these EAs. Basically: big risk, big money. Small risk small money.
If you want big risk, (and $$$) don't let the EA unattended. Period.
I use some moderately aggressive setting on 1M & 5M charts starting 7AM (GMT) until 4PM. If there is some wild movements I can try to manage the trades that are dangerous. Before Asian session I check here on FF if there are potentially disrupting news: if yes, I switch off the EA or change the TM to 4H.
Something else that I am trying is to have 2 different setting for long and short, as it is known that frequently the prices fall faster than rise: in the shorts I use "Grid multi" (1.2), "MartMulti" (1.7) and "MaxMartingale Steps" (6/7/8 depends on the currency).
I cannot be precise because I am using also other EAs (Ilan, among them), but I am some +50% in 2 weeks.
Small cent account, 200$. That's why I can be aggressive, but real.
Finally: there is "max Loss" on the third line of the setting. I don't understand why you cannot use it, if you are afraid to blow up your account.
Again my compliments and gratitude to Edge.