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Little Martingale EA

  • #341
  • Jun 17, 2017 6:37am Jun 17, 2017 6:37am
Quoting mercilez
guys, the author and Luca1073 did mentioned multiple times, this is a martingale EA, which means, eventually blow up is possible on long trend moves. but the there is some way to manage the risk - by withdrawing profit constantly after reach X % , finding the right mix between deposit / risk / grid range / profit rate. how one do it is the secret of successful trading in martingale and i dont think anyone with a good mix would share out openly here. so try to do some homework, spent time to think and test for your own best fit. thank you for the...
I good way to start is by optimization, through the strategy tester.
  • #342
  • Jun 17, 2017 8:02am Jun 17, 2017 8:02am
In continuation to above msg I wish to know how to set stop loss or come out if the long trend continues.
Can john or lucky add hedging in this EA.
Thanks.
  • #343
  • Jun 17, 2017 8:39am Jun 17, 2017 8:39am
Its Inevitable to fall...
It is the dust where you came from & it is the dust where you shall return
  • #344
  • Jun 17, 2017 8:55am Jun 17, 2017 8:55am
Quoting infernal199
Its Inevitable to fall...

i look at your banner below (signature) and i truly see no hope....lol
  • #345
  • Jun 17, 2017 9:00am Jun 17, 2017 9:00am
Quoting luca1073
{quote} i look at your banner below (signature) and i truly see no hope....lol
LOL haha...
  • #346
  • Jun 17, 2017 10:02am Jun 17, 2017 10:02am
Quoting luca1073
{quote} he said he was using those when he posted the first version in the site

After some posts he mentioned that he uses other settings more safe but not very profitable. (Make a new trade after 50pips)

I backtested those and seemed better. I will test them again in real time on a demo account

Anyone backtest audusd for the first of the month and and see :
1.the default settings will blow a small account or have a big DD
2.The safe settings are doing better.

Is there anyone useing this ea in live accaount?

I have decided that after making some tests the following week(and pass them) to go live but trade only 1-2 pairs in an account with2-4000€ account in order to have much space.
  • #347
  • Edited 11:51am Jun 17, 2017 11:34am | Edited 11:51am
Quoting zakgr
{quote} After some posts he mentioned that he uses other settings more safe but not very profitable. (Make a new trade after 50pips) I backtested those and seemed better. I will test them again in real time on a demo account Anyone backtest audusd for the first of the month and and see : 1.the default settings will blow a small account or have a big DD 2.The safe settings are doing better. Is there anyone useing this ea in live accaount? I have decided that after making some tests the following week(and pass them) to go live but trade only 1-2 pairs...
Going live gives you the real feeling and i always encourage it as long as you understand the EA and it seems that you do. The 50 pip safe settings is actually the first settings that he shared (500 points is 50 pips) on v 12 default settings are 100 points or 10 pips that's definitely more risky. An issue with going live is the bugs. What you should do (at least) is to use v12 and change pip distance to 500 (there default is 100)
  • #348
  • Jun 17, 2017 11:36am Jun 17, 2017 11:36am
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...
Hello!
Is it possible to see your open source code?
  • #349
  • Jun 17, 2017 12:06pm Jun 17, 2017 12:06pm
Quoting ajaykarkhane
In continuation to above msg I wish to know how to set stop loss or come out if the long trend continues. Can john or lucky add hedging in this EA. Thanks.
Hedging is a temporary issue, because you must still get out of the hedge.
  • #350
  • Jun 17, 2017 12:08pm Jun 17, 2017 12:08pm
Quoting zakgr
{quote} After some posts he mentioned that he uses other settings more safe but not very profitable. (Make a new trade after 50pips) I backtested those and seemed better. I will test them again in real time on a demo account Anyone backtest audusd for the first of the month and and see : 1.the default settings will blow a small account or have a big DD 2.The safe settings are doing better. Is there anyone useing this ea in live accaount? I have decided that after making some tests the following week(and pass them) to go live but trade only 1-2 pairs...
Losipino is not opening the way it should,
  • #351
  • Jun 17, 2017 12:19pm Jun 17, 2017 12:19pm
Quoting Lucky123
{quote} Hedging is a temporary issue, because you must still get out of the hedge.
Well said, i used to like the idea of hedging but it can be as risky as martingale but without the profits lol
  • #352
  • Jun 17, 2017 9:39pm Jun 17, 2017 9:39pm
Quoting chort-trader
{quote} Hello! Is it possible to see your open source code?
Look well in the thread (some pages earlier i think) . he shared v12 in mq4
  • #353
  • Jun 18, 2017 7:44am Jun 18, 2017 7:44am
what is your idea about this:
https://www.forexfactory.com/dragonexpert
  • #354
  • Jun 18, 2017 8:37am Jun 18, 2017 8:37am
Quoting AmirDehghani
what is your idea about this: https://www.forexfactory.com/dragonexpert

What is this? What is the stragedy he does not explain
  • #355
  • Jun 18, 2017 8:42am Jun 18, 2017 8:42am
Quoting luca1073
Aside from the bugs you guys think that original setting (50 pips ditance between MG trades for the first 5 trades?) is better than v12 settings (only 10 pips) ? im still baffled of how v1 (or v4) is surviving with such a small initial capital on 6 pairs basically stopping martingaling and "going with the trend" at a certain moment. I dont know if its clear i explained it in other posts. Basically the EA after 0.12 will stop martingaling and it will take an opposite trade to the MG sequence at 0.02 . Im sure that that is safer for the margin for...

I am reading your answer again and again and i can not understand what are you talking.
Can you please explain me?
Is it about a different ea? I saw a different version Jonas made, is it this you are talking about?
Are you using it?
  • #356
  • Jun 18, 2017 9:24am Jun 18, 2017 9:24am
Quoting AmirDehghani
what is your idea about this: https://www.forexfactory.com/dragonexpert

tested it on demo (he wants money for unlocking it for real account) . dragonexpert user even posted on this thread if you go to the first pages here.

his EA so far has worked well and made 1100 $ from an initial balance of 5000 $ in a bit less than a month. he uses 3 pairs. there s a martingale component in his EA. im testing lots of stuff these days(i have 10 Vps) so i barely looked at it but it still there and has not been binned and thats not a bad sign lol- EA took some big lots already which i dont like, so far biggest was 0.55
  • #357
  • Jun 18, 2017 9:29am Jun 18, 2017 9:29am
Hi Luca123
Unfortunately when I was testing this EA on a demo account it opened up many trades above 1 lot size. I stopped using the EA as waiting for JoanCB to make the the changes.
  • #358
  • Jun 18, 2017 9:31am Jun 18, 2017 9:31am
Quoting zakgr
{quote} I am reading your answer again and again and i can not understand what are you talking. Can you please explain me? Is it about a different ea? I saw a different version Jonas made, is it this you are talking about? Are you using it?

i agree with you. it is difficult to understand because of the bug i guess. in his original version tha he shared here :Un Nom Guai (v1) and on V4 basically EA behaves like that: after it takes a 0.12 lot it will take a 0.02 lot(instead of a 0.18 lot) BUT in the opposite direction of the martinglae sequence as if it wanted to hedge. if 0.12 was a buy the next will be 0.02 and only a sell or viceversa. this of course puts up in % the margin and EA has temporarily less chances of getting a margin call, but i supect it is just a bug
  • #359
  • Jun 18, 2017 9:38am Jun 18, 2017 9:38am
Thank You
yes its locked but if you can, find the logic from my forward test:

Forextime cent demo
Login: 15114476
Investor: pubp7is

I preffer to add an option of "ReverseTrading" to use Correlated pairs and those pairs neutralize each-other movements.
the author says: use 5000$ , 0.01 lot on EU,EJ,UJ simultaneously .

I want this combination:
EU
JE (reverse trade by that option on EJ )
UJ
(each currency once in first and once in last letter)
(Also I asked from the author)

What is your Idea ?
  • #360
  • Jun 18, 2017 9:45am Jun 18, 2017 9:45am
Quoting AmirDehghani
Thank You yes its locked but if you can, find the logic from my forward test: Forextime cent demo Login: 15114476 Investor: pubp7is I preffer to add an option of "ReverseTrading" to use Correlated pairs and those pairs neutralize each-other movements. the author says: use 5000$ , 0.01 lot on EU,EJ,UJ simultaneously . I want this combination: EU JE (reverse trade by that option on EJ ) UJ (each currency once in first and once in last letter) (Also I asked from the author) What is your Idea ?
i will have to download a forextime platform to check your stats.

what did the author tell you? as i told you i barely looked at it, anyway will see later, thanks
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