Little Martingale EA | Forex Factory

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Attachments: Little Martingale EA
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Little Martingale EA

  • #1
  • First Post: Edited Jul 6, 2018 3:24am May 15, 2017 8:23am | Edited Jul 6, 2018 3:24am
Hi,

I made this litle martingale EA which survived Brexit, If Anybody thinks that it can be improved I'll be happy to change the code and share it.

It opens a Buy and a Sell every desired interval at a multiple n of lots from the previous order.
It closes the basket at a desired profit in cash.

Cheers!



-------------------------------------------------------------------------------------------------------------------------------------------------------
"Yes. But as you certainly know our business is selling AND buying. It doesn't work for very long without both components." SAM ROGERS (Margin Call)
  • #2
  • May 15, 2017 9:06am May 15, 2017 9:06am
Hello, what setting, timeframe and pair you use?
  • #3
  • May 15, 2017 9:39am May 15, 2017 9:39am
Hmmm ... another Marti-EA ... survived the Brexit .... did that survival happen by chance ? I saw during the years a lot of these grid/marti EAs ... None of them survived ... sooner or later they all crashed ....
  • #4
  • May 15, 2017 9:42am May 15, 2017 9:42am
hmmmm.......
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph.gif Size: 16 KB
  • #5
  • May 15, 2017 9:44am May 15, 2017 9:44am
Hmmm .... a back test ! Does that mean anything ?

No.
  • #6
  • May 15, 2017 9:58am May 15, 2017 9:58am
Quoting ordosgoitia
Hello, what setting, timeframe and pair you use?
I use every pair, 0.02 lots 80.000 quid.
  • #7
  • May 15, 2017 10:00am May 15, 2017 10:00am
Quoting DerBerliner
Hmmm ... another Marti-EA ... survived the Brexit .... did that survival happen by chance ? I saw during the years a lot of these grid/marti EAs ... None of them survived ... sooner or later they all crashed ....
It all depends on the risk and the available equity.
If you have a profitable system please share it,
thanks.
  • #8
  • May 15, 2017 10:03am May 15, 2017 10:03am
You can take any free Martin EA, to optimize it on any past time period, incliding Brexit, and to get some settings as result. These settings will lead your EA to crash, when you'll apply them to any other time period. This is the kid's trap.
  • #9
  • May 15, 2017 10:16am May 15, 2017 10:16am
Quoting Rammstein73
You can take any free Martin EA, to optimize it on any past time period, incliding Brexit, and to get some settings as result. These settings will lead your EA to crash, when you'll apply them to any other time period. This is the kid's trap.

ok people we all know what martingale means,
this thread only purpose is for people who have positive ideas about how to improve it.
If you don't have any positive idea refrain to post BS.
thanks.
  • #10
  • May 15, 2017 1:24pm May 15, 2017 1:24pm
Quoting joancb
Hi, I made this litle martingale EA which survived Brexit, If Anybody thinks that it can be improved I'll be happy to change the code and share it. It opens a Buy and a Sell every desired interval at a multiple n of lots from the previous order. It closes the basket at a desired profit in cash. Cheers! ------------------------------------------------------------------------------------------------------------------------------------------------------- "Yes. But as you certainly know our business is selling AND buying. It doesn't work for very long...
Hi mate ,
Thanks for posting the EA , i tested it and I have some Ideas to prevent from more DD by adding some more indicators filters.
I wants to add them and make some changes and then take backtest of few years on EURO ,
But to do that I need source code.
If you wish kindly share it to me by PM and if i got success I will share the same with you .
Thanks for your efforts.
  • #11
  • May 15, 2017 9:01pm May 15, 2017 9:01pm
seem quite good EA, i will test it, thank bro
  • #12
  • May 15, 2017 11:05pm May 15, 2017 11:05pm
Personally I am a big fan of Martingale EAs and I fully understand the risks involved.
With the right balance of deposit, starting lot and multiplier we could greatly reduce the risks.
Can you please explain the EA settings so that we can understand better how it works.
Attached Image
  • #13
  • May 16, 2017 1:00am May 16, 2017 1:00am
Hello
Can u please help make this martingale EA for me .
I am already using martingale. But this is the improve version .
I hope you will programme
I have attached the ea instructions
Thanks in advance
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Robot_0(2).jpg Size: 597 KB
Click to Enlarge Name: Robot_1.jpg Size: 510 KB
  • #14
  • May 16, 2017 1:40am May 16, 2017 1:40am
when trades closes?
  • #15
  • May 16, 2017 1:48am May 16, 2017 1:48am
Quoting Ocsag
Personally I am a big fan of Martingale EAs and I fully understand the risks involved. With the right balance of deposit, starting lot and multiplier we could greatly reduce the risks. Can you please explain the EA settings so that we can understand better how it works. {image}
space, space1 and space2 are the value of pipetes between orders.
spaceorders,space1orders and spece2orders are the number of orders that the EA will open using the space, space1 and space2 values.

f.ex: according to ootb settings the EA will open 6 orders (Buy and sell) at an interval of 200 pipetes, 5 orders at 1000 and the rest of the orders at 2000.

suspendtrades: if set to true the EA will not open any other new order when the basket is closed.

cheers!
  • #16
  • May 16, 2017 1:52am May 16, 2017 1:52am
Quoting EagleEyees
{quote} Hi mate , Thanks for posting the EA , i tested it and I have some Ideas to prevent from more DD by adding some more indicators filters. I wants to add them and make some changes and then take backtest of few years on EURO , But to do that I need source code. If you wish kindly share it to me by PM and if i got success I will share the same with you . Thanks for your efforts.
what kind of indicators do you wish to add?
  • #17
  • May 16, 2017 1:55am May 16, 2017 1:55am
Quoting Isabella_D
when trades closes?
trades will be closed when the basket reaches the specified value in the account base currency set as "profit".
  • #18
  • May 16, 2017 2:28am May 16, 2017 2:28am
Quoting joancb
{quote} trades will be closed when the basket reaches the specified value in the account base currency set as "profit".
thx for sharing
we will see

could you please implement in EA free possibility for "comment"?
  • #19
  • May 16, 2017 2:54am May 16, 2017 2:54am
Quoting Isabella_D
{quote} thx for sharing we will see could you please implement in EA free possibility for "comment"?
You're welcome

Post #1 updated with comments on orders, a new layer of ordes, close all sells and close all buys now new setting.

cheers!
  • #20
  • May 16, 2017 2:57am May 16, 2017 2:57am
Quoting Isabella_D
when trades closes?
Eg we have 0.01 0.01 0.01 0.02 0.02 0.02 these 6 trades open .
First 5 trades will close at breakeven and last six will have its own X figure tp
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