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Attachments: Little Martingale EA
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Little Martingale EA

  • #361
  • Jun 18, 2017 10:06am Jun 18, 2017 10:06am
Quoting luca1073
{quote} 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
In my demo account that tested the ea last week i had a pair (usdjpy) that took a 0,27 trade and did not take the opposite trade you told.
Is it a bug only in real accounts?
  • #362
  • Jun 18, 2017 10:09am Jun 18, 2017 10:09am
Quoting zakgr
{quote} In my demo account that tested the ea last week i had a pair (usdjpy) that took a 0,27 trade and did not take the opposite trade you told. Is it a bug only in real accounts?
im testing only demo for now

As i told you this bug seems to be happening only up to version 4 i didnt see this happening on v11 and v12 where higher lots were taken but there were other problems there too
  • #363
  • Jun 18, 2017 10:19am Jun 18, 2017 10:19am
Thanks for the kind sharing.

May I know if the default setting is the best set (for which pair and which timeframe)?
  • #364
  • Jun 19, 2017 1:20am Jun 19, 2017 1:20am
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 ?
Dears
didnt answer me. in case of martingale on 3 correlated pairs (EU,EJ,UJ), Its not better to reverse one of these pairs to make (EU,"JE"(reverseTrading),UJ) ??? (for neutralizing the movement of each currency)
  • #365
  • Jun 19, 2017 1:40am Jun 19, 2017 1:40am
Quoting AmirDehghani
{quote} Dears didnt answer me. in case of martingale on 3 correlated pairs (EU,EJ,UJ), Its not better to reverse one of these pairs to make (EU,"JE"(reverseTrading),UJ) ??? (for neutralizing the movement of each currency)
If you are asking me sorry i didnt answer you because i have no idea! And btw this is not the thread for the dragon expert EA, thanks
  • #366
  • Jun 19, 2017 6:09am Jun 19, 2017 6:09am
Anyone can share the best setting?
  • #367
  • Jun 19, 2017 9:08am Jun 19, 2017 9:08am
Quoting haiyin
Anyone can share the best setting?
The best settings so far I think are the defaults.

The bad thing with this strategy is that if there is a big trend it is difficult to close the trade.
I have usdjpy from last week and can not be closed. And the bad thing of this situation is that my account is -750€ so it is close to a blow up.
  • #368
  • Jun 19, 2017 11:56pm Jun 19, 2017 11:56pm
Quoting zakgr
{quote} The best settings so far I think are the defaults. The bad thing with this strategy is that if there is a big trend it is difficult to close the trade. I have usdjpy from last week and can not be closed. And the bad thing of this situation is that my account is -750 so it is close to a blow up.
whats your initial balance and margin in % at the moment. What is the max lot that it took on usd/jpy. For default settings you mean range at 100 or 500?
Thanks
  • #369
  • Jun 20, 2017 12:13am Jun 20, 2017 12:13am
Quoting luca1073
{quote} whats your initial balance and margin in % at the moment. What is the max lot that it took on usd/jpy. For default settings you mean range at 100 or 500? Thanks

Now I am -1000€ which is very high and the maximum lot is 0.41
First trade was at 109.477 0.0.2 lot at 15/6/2017 03.30
Last trade wat at 111.580 0.41 lot at 19/6/2017 22.30
Default setting
If the price don't go below 111.200 i think trades will not close and keep waitting and waitting.
Imagine to be i a real account of 2000€ . You would be very anxious
Don't you think we risk so much for a little profit?

In the other hand yesterday i opened 2 new trades with the "safe setting" (trade every 50pips) and they are still there no profits only one buy and one sell opened
  • #370
  • Jun 20, 2017 4:05am Jun 20, 2017 4:05am
Quoting zakgr
{quote} Now I am -1000 which is very high and the maximum lot is 0.41 First trade was at 109.477 0.0.2 lot at 15/6/2017 03.30 Last trade wat at 111.580 0.41 lot at 19/6/2017 22.30 Default setting If the price don't go below 111.200 i think trades will not close and keep waitting and waitting. Imagine to be i a real account of 2000 . You would be very anxious Don't you think we risk so much for a little profit? In the other hand yesterday i opened 2 new trades with the "safe setting" (trade every 50pips) and they are still there no profits only one...
Hi...

You cannot use martingale on a $2000 account with starting lots 0.02.

Minimum $10,000 is needed for 0.01 lot size.

What I'm doing is, use a nano account:
1) Deposit $500 (nano account shows $50,000)
2) Starting lot size 0.001 (nano account shows 0.10)
3) Yield about (2%) $10 daily (nano account shows $1,000)

Another high risk reward method, also nano account:
1) Deposit $500 (nano account shows $50,000)
2) Starting lot size 0.005 (nano account shows 0.50)
3) Yield about (10%) $50 daily (nano account shows $5,000)
  • #371
  • Jun 20, 2017 6:53am Jun 20, 2017 6:53am
Quoting kelvinyun
{quote} Hi... You cannot use martingale on a $2000 account with starting lots 0.02. Minimum $10,000 is needed for 0.01 lot size. What I'm doing is, use a nano account: 1) Deposit $500 (nano account shows $50,000) 2) Starting lot size 0.001 (nano account shows 0.10) 3) Yield about (2%) $10 daily (nano account shows $1,000) Another high risk reward method, also nano account: 1) Deposit $500 (nano account shows $50,000) 2) Starting lot size 0.005 (nano account shows 0.50) 3) Yield about (10%) $50 daily (nano account shows $5,000)

Which EA are you using please share the settings and EA. regards
  • #372
  • Jun 20, 2017 10:24am Jun 20, 2017 10:24am
John pls come back take this EA to next level .lucky your efforts and guidance was also impressed us.
You are light for all newbie here.
  • #373
  • Jun 20, 2017 9:01pm Jun 20, 2017 9:01pm
Quoting yaxir
{quote} Which EA are you using please share the settings and EA. regards
The EA I'm using does not belong to me as such cannot be shared.
I've inputted the settings into Joan's EA as attached. Use it on a $20K - $50K account to demo.

Timeframe: 1 hour or 4 hour, up to you.
Other settings: use default in the file.
Pairs: As much pairs as possible. Preferably 20 pairs. Use pairs with lower than 3 pips spread.


Notice:
The EA should ALWAYS open two opposing trades. A series of buys and a series of sells. If it doesn't do that, then that pair cannot be used. Some bugs inherent in the codes. So just detach the EA and find other suitable pairs.

What the EA does:
First the equity will be slightly negative due to commission. All profits will go into balance. Equity will maintain at slightly negative. Until about few days to one week later, then the equity will start getting more and more positive as the unprofitable positions are closed.
Attached File(s)
File Type: mq4 UnNomGuaiV1.12.mq4   15 KB | 650 downloads
  • #374
  • Jun 21, 2017 8:24am Jun 21, 2017 8:24am
Quoting kelvinyun
{quote} The EA I'm using does not belong to me as such cannot be shared. I've inputted the settings into Joan's EA as attached. Use it on a $20K - $50K account to demo. Timeframe: 1 hour or 4 hour, up to you. Other settings: use default in the file. Pairs: As much pairs as possible. Preferably 20 pairs. Use pairs with lower than 3 pips spread. Notice: The EA should ALWAYS open two opposing trades. A series of buys and a series of sells. If it doesn't do that, then that pair cannot be used. Some bugs inherent in the codes. So just detach the EA and...

Your setting difference is that you open a new trade every 50pips and not enery 10pips multiplier 1.5 and profit only 0.80?
You will wait so much and gain only 0.8?
  • #375
  • Jun 22, 2017 4:22am Jun 22, 2017 4:22am
Quoting kelvinyun
{quote} The EA I'm using does not belong to me as such cannot be shared. I've inputted the settings into Joan's EA as attached. Use it on a $20K - $50K account to demo. Timeframe: 1 hour or 4 hour, up to you. Other settings: use default in the file. Pairs: As much pairs as possible. Preferably 20 pairs. Use pairs with lower than 3 pips spread. Notice: The EA should ALWAYS open two opposing trades. A series of buys and a series of sells. If it doesn't do that, then that pair cannot be used. Some bugs inherent in the codes. So just detach the EA and...

Thanks for sharing!
  • #376
  • Jun 22, 2017 4:32am Jun 22, 2017 4:32am
Quoting zakgr
{quote} Now I am -1000 which is very high and the maximum lot is 0.41 First trade was at 109.477 0.0.2 lot at 15/6/2017 03.30 Last trade wat at 111.580 0.41 lot at 19/6/2017 22.30 Default setting If the price don't go below 111.200 i think trades will not close and keep waitting and waitting. Imagine to be i a real account of 2000 . You would be very anxious Don't you think we risk so much for a little profit? In the other hand yesterday i opened 2 new trades with the "safe setting" (trade every 50pips) and they are still there no profits only one...

Thanks for the reply! I wanted to ask you one last thing. how many pairs are you\were you using in the EA test where you have \had - 1000 $ in open trades?
  • #377
  • Jun 22, 2017 5:01am Jun 22, 2017 5:01am
Quoting kelvinyun
{quote} The EA I'm using does not belong to me as such cannot be shared. I've inputted the settings into Joan's EA as attached. Use it on a $20K - $50K account to demo. Timeframe: 1 hour or 4 hour, up to you. Other settings: use default in the file. Pairs: As much pairs as possible. Preferably 20 pairs. Use pairs with lower than 3 pips spread. Notice: The EA should ALWAYS open two opposing trades. A series of buys and a series of sells. If it doesn't do that, then that pair cannot be used. Some bugs inherent in the codes. So just detach the EA and...
Hi kelvinyun,

only to make that point clear - as You attached a .mq4 - did You modify this version?
If yes, plz rename it (e.g. *-modified or something) in Your post.

Btw. what You did sounds very interesting! I'm curious about the results and will give it a try, once I'm done with my actual tests...

Cheers
Barlam
  • #378
  • Jun 23, 2017 1:34am Jun 23, 2017 1:34am
Quoting Barlam
{quote} Hi kelvinyun, only to make that point clear - as You attached a .mq4 - did You modify this version? If yes, plz rename it (e.g. *-modified or something) in Your post. Btw. what You did sounds very interesting! I'm curious about the results and will give it a try, once I'm done with my actual tests... Cheers Barlam
No amendments. Only changed the settings. Give it a try
  • #379
  • Jun 23, 2017 1:38am Jun 23, 2017 1:38am
Quoting kelvinyun
{quote} No amendments. Only changed the settings. Give it a try
Thx buddy, I think it is not unimportant to understand that ... and yes, now if I re-read Your post - "I've inputted the settings into Joan's EA as attached." - I could have guessed that...
So plz forgive my stupid question anyone!

Cheers
Barlam
  • #380
  • Jun 23, 2017 1:57am Jun 23, 2017 1:57am
Quoting zakgr
{quote} Your setting difference is that you open a new trade every 50pips and not enery 10pips multiplier 1.5 and profit only 0.80? You will wait so much and gain only 0.8?
Ideally, the higher the lotsize, the higher the profit you want to earn.

For example, if you want to earn 0.80 for every 0.01 lotsize,
and the series of opened trades is:
0.01
0.02
0.03
Total = 0.06 x $0.80 = $4.80

Unfortunately there is no way to do it via Joan's marty.
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