Thread: Little Martingale EA

Originally Posted by ;

quote in 1 month of live test DD was very low, max 35 euros per eur gbp chart(-180 euros in total) but dont expect it to be so low. Positions will be taken by EA until margin in percent allows it. Of course I may stop it throughout the way if I see that DD is in the thousands of euros. I noticed big drawdowns with this EA on additional pairs however statistically eur gbp surpasses more than other pairs however there isn't any guarantee

So currently un r operating just eurgbp to get 7K account. Any other pair r you operating that secure for martingale

Originally Posted by ;

Hello , I created this litle martingale EA which survived Brexit, If Anybody thinks it can be enhanced I'll be delighted to alter the code and discuss it. It unlocks a Buy and a Sell every desired period at a multiple n of lots in the former 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 does not work for very long...

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So it usually means you have beed using it for two years at least? In what timeframe it suits best?

Originally Posted by ;

The EA is simply wonderful. I'd appreciate the most recent version and where to find it. Thank you.

Go see article #923

Originally Posted by ;

quote ? So it means that you have beed using it for two years at least? In what time it suits best?

If Joan talked about brexit, he supposed on backtesting. He said it other times

Originally Posted by ;

quote So currently un r operating just eurgbp to get 7K account. Any other pair r you running that secure for martingale

I am using eur gbp just X 5 charts (equal pair started at different levels of price). I used other pairs for nearly a year and it ended up at nearly a disaster but I saved myself at the end lol. Gbp Usd can be quite profitable for this but when it trends you're screwed big time. Aud usd, usd chf and usd cad are not recommended due to high swap fees (well it depends on your broker also )

From all the backtesting and ahead testing which I did Eur Ebp appears the best pair for this EA/ egy but I may be wrong.

Eur Usd is also good though in my opinion (but with dimmed at office, his tweets and interest rates decision and political turmoils you could get in trouble fairly quickly. Eur usd however doesnt have the swings at price that gbp jpy or gbp aud or even eur cad have. These last 3 are not recommended at all for this particular egy

Originally Posted by ;

quote I'm using eur gbp only X 5 charts (identical pair started at various levels of price). I used other pairs for nearly a year and it ended up in nearly a disaster but saved myself in the end lol. Gbp Usd can be quite profitable for this but if it trends you're screwed big time. Aud usd, usd chf and usd cad are not recommended because of high swap fees (well it depends on your broker too) From all the backtesting and forward testing that I did Eur Ebp seems the best pair with this EA/ egy but may be wrong. Eur Usd can also be great though...

Thank you for the input. You open position on precisely the same side in which the DD was happen or you open reverse side in another chart

For eg
When we've got open position on EURUSD BUY and DD is 1000$. On the next chart you'll open new position on BUY or Sell

Originally Posted by ;

quote Thank You for the input. You open position on the exact same side in which the DD was occur or you open opposite side in a different chart For eg If we've got open position on EURUSD BUY and DD is 1000$. On another chart you will open new place on BUY or Sell

this EA (un nom guai) opens automatically a Buy and a market at the exact same time. You didnt understand? I believe you're using another syatem. This Ea wil always open two different positions

about if to duplie charts I will start the first chart together with the EA at the same level of price then another day the second eur gbp chart at a second level (and so on )Usually outside big news or market openings

after I have five or more charts at a 7k account I am not going to add greater or subtract(charts). I think I may add a 6 th chart but im not sure about it yet

Originally Posted by ;

quote if Joan talked about brexit, he supposed on backtesting. He explained it other times

Thus Joan how long have you used this EA? How was your result? I find that this EA is good to watch. Not bad.

Hello,

since this is a topic discussing about martingale, I just want to shed this here (something I've been working on for a couple months). These backtests were run without optimization. It is a single EA with a fixed set of parameters which may run on almost any pair.









This EA uses a Tiny martingale, hedge, averaging, fashion monitoring, etc. It is a sum of hundreds of EAs I've made over the last few years. It is not ready yet, but fairly close.

Building a martingale EA with controlled risk IS possible.

While I can't talk about the EA itself (it uses external information, offline chart - custom renko, custom indiors, etc), I will share a few ideas and egies to make your own EAs simpler.

Best regards,
Rafael

Its exactly 1 month today since I began my live account experiment with only eur gbp (X 5 charts) the outcome is: 690 euro profit. At the moment there is a - 70 Euro drawdown.
Maybe next week I will create another month experiment by incorporating a 6 th chart