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Attachments: Little Martingale EA
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Little Martingale EA

  • #261
  • Jun 10, 2017 12:24pm Jun 10, 2017 12:24pm
Quoting bmcgowra
{quote} Here. 01.04.2017 - 18.05.2017. Every tick test 90% accuracy. Account wiped out. Default settings of UnNomGuaiV1.12.ex4 {image}

you know what everybody should do? let a forward test run for 2 weeks- 1 month , then stop the test and go into strategy tester and test the same period, same condition on one pair and see what happens. you might realize the backtests results are completely different from your real forward test. it happend to me a few times.

also on strategy tester you have to test with fixed spread(number 10 is 1 pip), if you test on current spread during the weekend while market is closed spread is huge(even 6 pips on eur \usd). my ecn broker has 0.4 pips spread on eur\usd

also on strategy tester you cannot test two or more pairs together
  • #262
  • Jun 10, 2017 12:32pm Jun 10, 2017 12:32pm
Quoting luca1073
{quote} you know what everybody should do? let a forward test run for 2 weeks- 1 month , then stop the test and go into strategy tester and test the same period, same condition on one pair and see what happens. you might realize the backtests results are completely different from your real forward test. it happend to me a few times. also on strategy tester you have to test with fixed spread(number 10 is 1 pip), if you test on current spread during the weekend while market is closed spread is huge(even 6 pips on eur \usd). my ecn broker has 0.4 pips...

Will do this ! :-)
  • #263
  • Jun 10, 2017 4:27pm Jun 10, 2017 4:27pm
Quoting ajaykarkhane
{quote} I am really getting no success in back testing i tried different setting and ways can you pls guide how to use qui(EA as per your idea)sorry if I wrote something wrong.
Hi dont apologise. I did some backtesting and certain settings is better than other. Currently the EA is not opening the way it should. The other thing with EA and backtesting. Most EA should not be traded during News. Because of the increase of spreads and volatilty. This is something you would not see on your backtesting. Every currency is different and different settings should be used on different currencies. When we get the EA right I would probably look at winning trade 400 and losing trade 500 and multiply 1 loosesum0.00 ang global profit 0.
  • #264
  • Jun 10, 2017 4:31pm Jun 10, 2017 4:31pm
Quoting luca1073
{quote} a solution i see with martingale EAs s is to withdraw constantly the profits and leave initial balance untouched or just with some extra . lets say your initial balance is 2000 $ and your constant profits(that you withdrew to a subaccount) amount to 2000 $. now you re breakeven even if you lose all the initial balance and that doesnt necessarily have to happen often. leaving a lot of money in the account where EA is placed is good because you have more margin but also riskier because if you have a bad streak you lose it all 1)find a good...
I agree, 1) is to become risk free 2) Keep on withdrawing 50% of profit 3) grow your account to reduce the risk and to earn more every day.
  • #265
  • Jun 10, 2017 11:13pm Jun 10, 2017 11:13pm
Hi Joan, i wanted to ask you a couple of questions if you have time to answer

1) since when have you traded "Un Nom Guai" on a live account? (on the myfxbook screenshot that you showed it appears since april 2017, is that correct?

2) are you still using the original first version on this live account now?

Thanks!!
  • #266
  • Jun 11, 2017 3:35am Jun 11, 2017 3:35am
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 20 KB


Hi joan, this is my summary from my real Account..
i must say, im impressed! i use every suggest that you give, and i've always Upgrade the EA from UnOmGuaiV.1.1 to V1.12!!
of course with a little change in the setting, but overall this EA is awesome!
the Only Big News that happened, is UK Election, but on GBPUSD and EURGBP this EA works fine..
on GBPJPY, GBPCAD, GBPCHF I dont know, I didnt trade in that pair coz of the volatility..

oh by the way, Happy Holiday Joan, and thank you for your Work! i'll be wait for your next Upgrade,
and ill keep suggest a little ideas if it can help, Cheers!!
  • #267
  • Jun 11, 2017 4:07am Jun 11, 2017 4:07am
So you attach the ea and leave it?
What deposit you must have?
1000€ is ok?
I will attach it in my demo account on Monday to see how it will go.
In a post I saw you have myfxbook
Can you send the link in order to examine it more?
Do you stop the ea in big events like Britain election on Thurday?
  • #268
  • Jun 11, 2017 10:31am Jun 11, 2017 10:31am
Quoting ninombahe
{image} Hi joan, this is my summary from my real Account.. i must say, im impressed! i use every suggest that you give, and i've always Upgrade the EA from UnOmGuaiV.1.1 to V1.12!! of course with a little change in the setting, but overall this EA is awesome! the Only Big News that happened, is UK Election, but on GBPUSD and EURGBP this EA works fine.. on GBPJPY, GBPCAD, GBPCHF I dont know, I didnt trade in that pair coz of the volatility.. oh by the way, Happy Holiday Joan, and thank you for your Work! i'll be wait for your next Upgrade,...
Simply fantastic, well done, happy for your results!

Can I ask you what pairs are you trading and what settings are you using? are you each time changing/ putting the last updated version?

from what i understood timeframe is not an issue with this EA
  • #269
  • Jun 11, 2017 10:40am Jun 11, 2017 10:40am
Quoting ninombahe
{image} Hi joan, this is my summary from my real Account.. i must say, im impressed! i use every suggest that you give, and i've always Upgrade the EA from UnOmGuaiV.1.1 to V1.12!! of course with a little change in the setting, but overall this EA is awesome! the Only Big News that happened, is UK Election, but on GBPUSD and EURGBP this EA works fine.. on GBPJPY, GBPCAD, GBPCHF I dont know, I didnt trade in that pair coz of the volatility.. oh by the way, Happy Holiday Joan, and thank you for your Work! i'll be wait for your next Upgrade,...
care to share your settings? =)
  • #270
  • Jun 11, 2017 11:28am Jun 11, 2017 11:28am
Quoting ninombahe
{image} Hi joan, this is my summary from my real Account.. i must say, im impressed! i use every suggest that you give, and i've always Upgrade the EA from UnOmGuaiV.1.1 to V1.12!! of course with a little change in the setting, but overall this EA is awesome! the Only Big News that happened, is UK Election, but on GBPUSD and EURGBP this EA works fine.. on GBPJPY, GBPCAD, GBPCHF I dont know, I didnt trade in that pair coz of the volatility.. oh by the way, Happy Holiday Joan, and thank you for your Work! i'll be wait for your next Upgrade,...
Awesome!! Can you share the set files for the settings? I would like to test it for the comming weeks.. :-)
  • #271
  • Jun 11, 2017 8:43pm Jun 11, 2017 8:43pm
Quoting ninombahe
{image} Hi joan, this is my summary from my real Account.. i must say, im impressed! i use every suggest that you give, and i've always Upgrade the EA from UnOmGuaiV.1.1 to V1.12!! of course with a little change in the setting, but overall this EA is awesome! the Only Big News that happened, is UK Election, but on GBPUSD and EURGBP this EA works fine.. on GBPJPY, GBPCAD, GBPCHF I dont know, I didnt trade in that pair coz of the volatility.. oh by the way, Happy Holiday Joan, and thank you for your Work! i'll be wait for your next Upgrade,...
Hi,

Wondering which broker are you using? They give deposit bonus? Is the spread high? Usually brokers with deposit bonus have high spread. I'm using icmarkets (good low spread, no bonus) and XM (50% deposit bonus, super high spread).

@ zakgr 1000€ is not ok. Drawdown during good times is already $800. You probably need about $10,000 account size. ALTERNATIVELY, use a nano lot broker.

@ unclemonk The default settings is good enough. But can start with 0.01 lots with smaller account size.


Additionally, this real account reinforce my understanding that "profit, globalprofit and pariglobalprofit" works mutual exclusively. Just put in profit figure in one of these inputs, and leave the other two zeros.

DEFAULT SETTINGS: PAIRGLOBALPROFIT: CLOSE BOTH BUY & SELL OF A SINGLE PAIR EACH TIME IN PROFIT.
For example, the default use "pairglobalprofit" so all the currency's pair trades will close everytime it is profitable. The account, as a result will always have negative floating P/L, so "globalprofit" can never truly kicks in.

SAFEST SETTINGS: GLOBALPROFIT: CLOSE ALL CURRENCY PAIRS EACH TIME IN PROFIT.
Safest because have a bundle of trades to minimize the fluctuation. But lowest profit.

MOST PROFITABLE SETTINGS: PROFIT: CLOSE TRADES OF EVERY BUY / OR SELL SERIES EACH TIME THEY ARE IN PROFIT.
This has the largest negative floating P/L, but is the most profitable. Adds most to equity the fastest.


Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 18 KB
  • #272
  • Edited Jun 12, 2017 12:33am Jun 11, 2017 10:29pm | Edited Jun 12, 2017 12:33am
I was thinking about a safety lock that could be added . example EA should be coded to avoid taking trades after margin has fallen below 250 % (just giving a number here , it could be modified in settings)

what do you think? it would be to give a bit more safety to the smaller accounts?

also so far i havent had trades for more than 0.12 and that was fine with only 1200 eur account, margin never went below 300 % on 6 pairs!! and we had some big movement these days.

what was your biggest lot trade taken by the EA so far in your case guys?

on v.11 default settings i have a whopping 700 eur + profit on 6 major pairs since june 2 starting from a 1200 eur (now balance is over 1900)

Maximalloss in settings is related to initial balance? for example we start the EA with 3000 $ and we set as maximal loss 500 $. when the total account balance goes below 2500 $ the EA will stop trading? or is it related to equity?(dont think so).also it could be done related to equity

sorry for all the questions lol but i like this EA
  • #273
  • Jun 11, 2017 11:49pm Jun 11, 2017 11:49pm
Kelvinyun,
If i attach the ea to only 1 pair do you think i will be ok with 1000€?
  • #274
  • Jun 12, 2017 2:49am Jun 12, 2017 2:49am
Just went through a thread on FF that discusses Martingale.
Someone there attached a nice mixed martingale + grid + hedge trading statement. See attachment..

It seems the trader had 4 martingale steps and hedged the 5th step.

A good suggestion from a forum member was to hedge after the 4th position
example:
buy:
0.1
0.2
0.4
0.8
sum 1.5 lots buy orders
when the last 0.8 buy order is executed, execute a 1.7 lot sell order
diff is now 0.2 sell lots, stop executing new orders (max orders =5)
now you stopping further drawdowns, you have time to decide:
- waiting if the markets is falling further, the hedge sell will equal all buy orders
- waiting and exit at the lowest possible loss on all buy+sell orders
- if the market reverses and is going up, close all at the lowest possible loss (not sure how to exit though)

What do you guys think? Is there a way to use this for the EA?
Attached File(s)
File Type: xls DetailedStatement (1).xls   887 KB | 376 downloads
  • #275
  • Jun 12, 2017 3:04am Jun 12, 2017 3:04am
Interesting EA, can i know which time frame is best for this
Failure is not failure if you learn from it...
  • #276
  • Jun 12, 2017 6:20am Jun 12, 2017 6:20am
Quoting suneth2
Interesting EA, can i know which time frame is best for this

author said timeframe is not important unless you use the CCI indicator in settings. im using M1, it works well so far
  • #277
  • Jun 12, 2017 6:39am Jun 12, 2017 6:39am
Quoting luca1073
{quote} author said timeframe is not important unless you use the CCI indicator in settings. im using M1, it works well so far
if you set openonewcandle to true, then he opens just one trade a candle the timeframe is also important then.
When you get big red news and he will moves a lot he just takes one trade a candle.

Greetings
  • #278
  • Jun 12, 2017 9:05am Jun 12, 2017 9:05am
Quoting thedutchmen
{quote} if you set openonewcandle to true, then he opens just one trade a candle the timeframe is also important then. When you get big red news and he will moves a lot he just takes one trade a candle. Greetings
yes its true, in settings i left it default, openonewcandle to false, thats why didnt think about it
  • #279
  • Jun 12, 2017 9:27am Jun 12, 2017 9:27am
I'm running on cent account which have capital USDC 2000 with default settings. But order sets seems closing below the profit target of 5. is that possible. I attached a one screen shot of order bulk
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_20170612_193241.png Size: 68 KB
Failure is not failure if you learn from it...
  • #280
  • Jun 12, 2017 9:32am Jun 12, 2017 9:32am
The above order set closed with lose even remain default profit target.
Failure is not failure if you learn from it...
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