Little Martingale EA

Hi,

Ill do it when I finish the QuinNomLiPoso EA.

thanks for sharing your ideas

I am impressed. There is a hick up when the winningtrade takes profit. It should re-open the original steps.
Transaction Time Lot Take Profit
USDJPY 1 SELL 13.43 .01 1 13.44 This part is correct
SELL 13.44 .02 1 13.44

Re-opens Sell 13.44 .04 2 13.49 It should have re-opened the original 1
Sell 13.49 .08 2 13.49

Re-opens Sell 13.49 .04 Still open
Sell 13.54 .04 Still Open
Sell 13.54 .08 Still Open

The Buy opened 13.43 .01 The losing trade should Multiply less than winning trade. There is also no Take Profit on the losing trade.
13.48 .04
Otherwise its looking great.$$$$$$$$$

I can see if the trade reverses that the opposite side TP appears. This is cool.

Can we make the losing side .01 straight through. for now or to set it with a multiplier, but the first 3 trades must stay .01.. let it Break even with 30 points profit.

Cheers. we'll have to decide what to do after each profit.... my suggestion is simply go up the scale(fib sequence) then back down the scale(fib sequence).... until you are at 1 lot again... hope that makes sense so every time we have a string of wins we maximize our profits

Send you email with pictures. Lets recap some principles. Winningtrade starts 1 and multiply X and say there is 5 trades opens it will take profit at 75% between the 4 and 5 trade. If it take profit it will re-open the original buy or sell which ever it was at .01. ( Currently the first trade works, but then does its own thing) If that trades retraces further and not continue its run it must adhere to the losing rules.

Losing trade must with every opening calculate the Breakeven + 3 pips profit per trade open.

The winning and losing trade must have there own exit points.

hi joancb
thanks for your EA.i have a question,what is the difference between the EA in post 1 and this EA here?
regards
Fred

Trading for 4 hours. The line is not right yet. But made 295 dollars for 4 hour. Must get the line right. Believe that can blow up account eventually.

Am i missing something with your MG. The EA opened buy.01 then buy .04 and then buy .02. The same with the sell. This is a perfect trapper situation. Red line top or redline bottom. I think that it should open .01, .02. .04..... There is no winning trade, but 2 losing trades. Looks great.

This one I think should have a .01 buy and a .01 sell

This one looks fine. Just waiting for TP or stoploss to be confirmed.

Dont understand why the different amounts. Would like to see 1 2 4 8 16 32 for winning trade and 1 1 1 3 6 9 12 for losing trades (or multiply 2 on winning trade and 1.5 on losingtrade.)

Change loose sum from .03 to .01. Does that mean losing trades will go like this. (1 2 3 4 5 6 7 8 9) If I am right . I like. This will be losing trade settings. Like a lot if I am right. Or if I make it .00 will that mean it will stay at .01.

Look at profit for 5 hours. Still must get some little problems fixed.

Great work Joan
and also great idea`s Lucky

Lucky what pairs did you trade in the 4 hrs ?
and wil you tell you`re settings ?

Many thanks and keep up the good work

Greetings

At this stage I am testing different settings. I am testing so am trying to make grid as small as possible. Different settings for different Currencies. But what I do not understand is that JoanCB EA does some ,magic, which i dont understand yet. GBP JPY in big draw down, Suddenly it closes,

Looks like the pair global profit of 5$ kicked in minus spreads. If I am right. Very smart.

testing XAUUSD on this

Test it on minor pairs that have ranging behaviour