Thread: Little Martingale EA

1 Attachment(s) Hi,

I created this litle martingale EA which survived Brexit, If Anybody thinks it may be enhanced I'll be happy to alter the code and share it.

It opens a Buy and a supermarket each desirable period in a multiple n of lots from the former order.
It shuts the basket in a desirable profit in money.

Cheers!



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Yes. However, as you know our company is selling AND buying. It will not do the job for very long without both parts. SAM ROGERS (Margin Call)
https://www.nigeriaforextrading.com/...d-raschke.html

These nice moderately volatile swings in price in eur gbp are bringing some nice profits nowadays: only the system cashed in 80 euros. As usual moderation(volatility in this instance ) is the secret. Because if the price kept a range of just less than 50 pips it'd be dull and almost no profits would be produced. However, a swing of 100 pips using a retracement later brings much better profits and it isn't boring. Well so long as the swing stops there, retraces and refuels again. This is why I think eur gbp works better using this EA but these days are perfect it isn't an indication of how this will work later on. We have to build an exit strategy for your rainy days if there will be

Originally Posted by ;

actually 1:500 my calculation is for 1:500 04,70 USD for the initial place 0.02 04,70 USD against it 07,05 for the solving place 0.03 16,45 $ as margin results risk / margin extends to 1:100 = 82,21 $ 1:200 = 41,10 $ 1:500 = 16,45 $ 1:1000 = 8,22 $ Sometimes a continuous account, started with 30$ and leverage 1:500 goes farther into save areas (in my opinion ~ 300$), sometime not.
Many instances the accounts get margin calls
- we all know this should happen. However,
we must stop it... and also we have to
locate tools for mititation. Sure, the 5
distances...

once I was speaking about not manually intervening and its own benefits it was nearly at the beginning of the thread, that was. When I discovered about the many mistakes a manual intervention could make (it occurred to me personally to be too fearful at the beginning and needing to close trades ahead of time or making gross mistakes by clicking incorrect x buttons) making me regret to act manually. Various Other times per manual intervention actually saved the Entire account so far (touch wood or iron) I havent blown up any account (yet and hopefully never lol)
thanks for the stats Concerning leverage

Actually 1:500

my calculation is for 1:500

04,70 USD for the initial position 0.02
04,70 USD against it
07,05 for the solving position 0.03
16,45 $ as margin results

risk / margin goes into

1:100 = 82,21 $
1:200 = 41,10 $
1:500 = 16,45 $
1:1000 = 8,22 $

Occasionally a continuous account, began using 30$ and leverage 1:500 goes farther into save places (in my estimation ~ 300$), sometime not.
Many times the accounts get margin calls - we all understand why this must occur. However, we must stop it... and now we must find resources for mititation. Sure, the 5 spaces together with greatest trade from 0.12 lot give some hope to overcome these situations.

Luca, you once mentioned, that an account with no manual closing action from user makes more profit.
Therefore I am too very curious in drawdown or equity indicator to show this behaviour of an account.

Well, it is against the trendy emotionfree trading rules, but sometime we all have a sixth sence for this, do not we?
(When I look next morning to my vps to an ignored account I regret to not have shut down the positions which I found at the evening before to become dangereous. Perhaps you understand that. For those situation we have rules for number of transactions per day, profit per day, profit per pair and so forth. Indicator for balance/equity development would be great.)
Pit

What is your leverage Pit-Lip?

Originally Posted by ;

quote Currently you end on opening 5 chart on same range now it need close and wait patiently for a few DD and open another BUY/SELL

yes in the moment they're on the same price(4 out of 5 charts). It occurred in the past also, I dont know whether it occurred because it closed all previous transactions in a sudden fall in price. When I had started my test in may they were at various degrees....imagine once I began I waited one whole day to drop some brand new new chart at a fair distance

Originally Posted by ;

quote Luca, as I am investing your egy, may I ask, why you are using 1:100. Did you find out, that -based on some equity of ~ 7k$ - anticipated profit / risk / margin-eating is managed best? Did you try different leverages? Please tell us about your findings. Thanks a lot! Pit

No, that has been the leverage I began trading with my broker even before this particular system, not asked for much more (or less) leverage.

Originally Posted by ;

All these are my settings

Luca,

as I am trading your own egy, may I ask, why you're using 1:100. Did you find out, that -based on your equity of ~ 7k$ - anticipated profit / risk / margin-eating is managed greatest? Did you try different leverages? Please inform us about your findings.

Thanks a lot!
Pit

Originally Posted by ;

quote now Rather than having 20% DD I have a very low - 23 euros drawdown that's so low And probably the Cheapest since I started the Evaluation but we Must always be careful and Track and decide Immediately on Which to do

Currently you end on Launching all 5 chart on same range now it Require close and Wait Patiently for some DD and open another BUY/SELL

Hello colleagues. Can someone add UnNomGuaiV1.132 output after the first login in minutes. For instance, it enters a given time at 15.30 with one buy and one market and no operation is taken within 30 minutes, then the output is triggered and the two operations are shut. Thanks in advance, then if I get I shall explain my idea. Nice day