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Share your Worst performing martingale EA will turn into a win

  • #1
  • First Post: Jun 13, 2017 9:20pm Jun 13, 2017 9:20pm
Turning a worst performing martingale EA into a winner on live is no brainer, please share your worst/junk EA using martingale/grid system and we will try go through rigorous tests and make that into a winner using reverse feed mechanism in here using a new methodology.

some of the famous martingale/grid ea :
i) forex hacked
ii) forex grid
iii) forex flex
and so on...
Scoobi doobi doo
  • #2
  • Jun 13, 2017 10:01pm Jun 13, 2017 10:01pm
Made a few days ago, you asked for worst, so here you go.
Attached File(s)
File Type: mq4 martingale .mq4   5 KB | 731 downloads
  • #3
  • Jun 13, 2017 11:29pm Jun 13, 2017 11:29pm
Quoting Beerbelly
Made a few days ago, you asked for worst, so here you go. {file}
Fantastic Beer, will setup this one and keep you updated . I will share the findings in the thread. thanks!
Scoobi doobi doo
  • #4
  • Jun 13, 2017 11:30pm Jun 13, 2017 11:30pm
Quoting Beerbelly
Made a few days ago, you asked for worst, so here you go. {file}

Can you please advise what it does exactly (entry/exit) since you have coded that would give some headsup to me to reverse feed with suitable tweaks. appreciate it beer!
Scoobi doobi doo
  • #5
  • Jun 14, 2017 12:19am Jun 14, 2017 12:19am
Hi Scoobidoobi,

Thank you very much indeed for starting this useful and helpful discussion. I have an EA (attached ex4 file) that seems to be a winner by itself but wouldn't open any order on real account. The attached mq4 file is its source which probably has been changed deliberately so that it works opposite. I was wondering if you could modify it to perform like ex4 file and open orders in real account. Many thanks in advance.

Regards
Attached File(s)
File Type: ex4 forexfastgainer.ex4   90 KB | 579 downloads
File Type: mq4 forexfastgainer.mq4   59 KB | 647 downloads
  • #6
  • Jun 14, 2017 1:01am Jun 14, 2017 1:01am
Quoting Ssbrf
Hi Scoobidoobi, Thank you very much indeed for starting this useful and helpful discussion. I have an EA (attached ex4 file) that seems to be a winner by itself but wouldn't open any order on real account. The attached mq4 file is its source which probably has been changed deliberately so that it works opposite. I was wondering if you could modify it to perform like ex4 file and open orders in real account. Many thanks in advance. Regards {file} {file}
Make sure you have allow trading on when you add the expert to your chart, you have to do it in the top of metatrader and on the little popup window when you first add it.

Based on line 502:
gi_536 = OrderSend(Symbol(), OP_BUY, Lots, Ask, slippage * gd_464, gd_440, gd_448, gs_80 + ". Magic: " + DoubleToStr(magic, 0), magic, 0, Blue);

It does create real orders.
  • #7
  • Jun 14, 2017 1:04am Jun 14, 2017 1:04am
Quoting Scoobidoobi
{quote} Can you please advise what it does exactly (entry/exit) since you have coded that would give some headsup to me to reverse feed with suitable tweaks. appreciate it beer!
This little part is my entry:

if current price is greater then ema (50) 15 minutes chart buy
if current price is smaller then ema (50) 15 minutes chart buy


it's on line 130
  • #8
  • Jun 14, 2017 2:16am Jun 14, 2017 2:16am
LOL. Code your strategy for free and now reverse your failed EA for free.

The race is on to find the elusive profitable automated trading system.
There are thousands and millions of traders working night and day trying to find one.
Merchant banks like GS and billion dollar hedge funds hire mathematicians, PhDs, the best programmers, machine learning experts and pour millions in R&D to find a profitable automated trading system.

What chance does a home trader, retail trader have?
You came here for the truth and let me unveil it for you
  • #9
  • Jun 14, 2017 2:35am Jun 14, 2017 2:35am
Quoting Beerbelly
{quote} Make sure you have allow trading on when you add the expert to your chart, you have to do it in the top of metatrader and on the little popup window when you first add it. Based on line 502: gi_536 = OrderSend(Symbol(), OP_BUY, Lots, Ask, slippage * gd_464, gd_440, gd_448, gs_80 + ". Magic: " + DoubleToStr(magic, 0), magic, 0, Blue); It does create real orders.
Thank you very much for your response. Auto trading is on in my VPS but it doesn't.
  • #10
  • Jun 14, 2017 8:59am Jun 14, 2017 8:59am
Quoting RondaRousey
LOL. Code your strategy for free and now reverse your failed EA for free. The race is on to find the elusive profitable automated trading system. There are thousands and millions of traders working night and day trying to find one. Merchant banks like GS and billion dollar hedge funds hire mathematicians, PhDs, the best programmers, machine learning experts and pour millions in R&D to find a profitable automated trading system. What chance does a home trader, retail trader have?
They have the exact same chance... You will solve it or not. It really depends on your motivation. But based on what i read. Martingale is not the way to go. But we will see
  • #11
  • Jun 14, 2017 8:06pm Jun 14, 2017 8:06pm
you could try to modified the forexhacked ea and see if that works.
  • #12
  • Edited 2:13am Jun 15, 2017 12:18am | Edited 2:13am
Quoting rogelio11
you could try to modified the forexhacked ea and see if that works.

USP of the concept to reverse worst martingale ea in a demo environment where there is limited funds/larger trading lots with martingale to trade stressing it go burst with diversified set of pairs and every demo burst of 5000usd is making on live 50bucks at one go traded with least lots.

I am not trying to say if I make 5000usd demo go kaput through martingale ea on set of pairs am going to get same 5000usd on live rather am going to under leverage on live account (with reverse feed) with smaller lots and make about 1% 50bucks at each go.
Scoobi doobi doo
  • #13
  • Jun 18, 2017 1:42am Jun 18, 2017 1:42am
Can some please create a tickmill (or) any ecn broker demo with 500usd to start the experimentation of reversing a martingale ea and feeding to live account with fixed smaller lots and making solid bucks for each 500usd demo blow..

please send the demo account details(login/pass/server ip/url) here. thanks
Scoobi doobi doo
  • #14
  • Jun 29, 2017 10:41am Jun 29, 2017 10:41am
Quoting Scoobidoobi
Can some please create a tickmill (or) any ecn broker demo with 500usd to start the experimentation of reversing a martingale ea and feeding to live account with fixed smaller lots and making solid bucks for each 500usd demo blow.. please send the demo account details(login/pass/server ip/url) here. thanks
Have you tried it on live account?
  • #15
  • Jun 29, 2017 11:01am Jun 29, 2017 11:01am
Quoting RondaRousey
LOL. What chance does a home trader, retail trader have?
You just have no idea how simple the things are. Everyone is looking for the complicated stuff, thinking it must be very complex.

I simple hedge system, and it is the simplest hedge system you have not think of, yet, can bring the whole system down. The response from brokers will be they will ban hedging, but then two separate accounts will work. Then they will limit the trades to 10-20 per account I guess.

We will never know, cause this won't happen. Traders are obssest with complicated systems. Good for them! Let them continue researching...
Maadik Hugiis. IQ 69.
  • #16
  • Jul 8, 2017 8:15am Jul 8, 2017 8:15am
Quoting MoneyZilla
{quote} You just have no idea how simple the things are. Everyone is looking for the complicated stuff, thinking it must be very complex. I simple hedge system, and it is the simplest hedge system you have not think of, yet, can bring the whole system down. The response from brokers will be they will ban hedging, but then two separate accounts will work. Then they will limit the trades to 10-20 per account I guess. We will never know, cause this won't happen. Traders are obssest with complicated systems. Good for them! Let them continue researching...

Do you hedge your trades on same fx platform or using forward contracts (somehow else) ? Don't tell me you just lock your trades with opposite one cuz its same as pulling tight a noose on your neck!
  • #17
  • Jul 9, 2017 8:35am Jul 9, 2017 8:35am
Quoting rogelio11
you could try to modified the forexhacked ea and see if that works.
yes its good one to reverse.
Scoobi doobi doo
  • #18
  • Jul 10, 2017 7:04am Jul 10, 2017 7:04am
Quoting available
{quote} Do you hedge your trades on same fx platform or using forward contracts (somehow else) ?
Yep.

Quote
Don't tell me you just lock your trades with opposite one cuz its same as pulling tight a noose on your neck!
No offense here, mate. This is very ignorant. When you do not know the direction, hedging seems to be the best way to catch it. All you have to do is to find a good system to open your buy/sell trades. For the rate to go from A to B, regardless of the direction, will require to open more trades in the direction ahead. This inevitably brings positive results, if you can wait for 300-400-500 pips from top to bottom.

When speaking about a good system you can open your hedge trades, this does not mean you can start opening up/down grids like mad. No. Still, it can work this way, too, but this is very dangerous. There are special places where you have to open an up grid and on another place you open a down grid. I even explained how one can do that with a popular public indicator, but no one is reading...

I am speaking too much. From that point will not explain anything about hedging. Trust your mentors here. They seem to know how to trade and make you big profits every second week.

p.s. I can only tell you, you have being lied big time, about hedging...
Maadik Hugiis. IQ 69.
  • #19
  • Jul 12, 2017 5:04am Jul 12, 2017 5:04am
Martingale is a staking system, not a trading system. The problem with martingale is that, no matter what trading system (entries/exits) you use, you'll eventually reach a situation where you have a losing sequence of several trades, and martingale makes if more difficult -- impossible, if the sequence lasts long enough -- to recover, because the drawdown is necessarily greater, due to the bigger position sizes (1+2+4+8+16+....., and even 1+2+3+4+5+......, rapidly outpaces 1+1+1+1+1......). Price movement is quasi-random, and if you trade for long enough, the excessive impact of the martingale staking means that the entry/exit system has virtually no calculable bearing on the outcome.
  • #20
  • Jul 12, 2017 5:10am Jul 12, 2017 5:10am
Quoting MoneyZilla
I simple hedge system, and it is the simplest hedge system you have not think of, yet, can bring the whole system down. The response from brokers will be they will ban hedging.........
With respect, that's an extraordinary claim. If I understand correctly, you have a "simple system", that nobody else -- including the world's top institutional traders, math PhDs, finance professors, etc etc -- can possibly have thought of, and it's going to bring the whole interbank market down?

In my world, extraordinary claims require some tangible evidence, if they're to be taken seriously. A myfxbook showing several months' worth of consistent profit would at least represent some kind of a starting point.
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