Stemming from another discussion we had on martingale in another rookie forum thread, I came up with the idea that a good way to illue the point a few people try to create about the martingale was supposed to produce a simulator that could demone the notion concretely. Inside this program you'll have the ability to explore the different outcomes when running martingale versus standard risk management (Slimming down versus level percent risk).
There are numerous things you'll want to tell the program before you are able to run the simulation. They would be the following:
1) An account balance between 1 and 1000 units.
Two) A percentage risk for your trading egy from a decimal value greater than 100 (unrealistic however an option).
3) A number of simulations to run before returning to the menu. In the end, some simple statistics will be reported.
4) Whether or not to view individual trades (urge no, otherwise it'll take forever).
5) Whether or not to use the martingale betting system. The very best part is comparing the outcomes between conventional and martingale risk management - what I've seen has been rather telling. Please note that the amount of trades each simulation has been capped at 10,000 to stop the processor from going through millions of trades, which happens with the typical risk management often.
How to get the simulator:
Download the attachment, unzip. Two files are included:
1) The simulator. It is a very simple command line program, nothing fancy - but it will get the work done.
2) The C source code file for those interested in the logic and assessing how honest it is. I'm interested in any bug reports or problems with the egy implementation.
As with each executable you download, I recommend you scan it with your own resident antivirus before launching it. It is only good practice. I've also uploaded the file to the internet VirusTotal database for people who are still reluctant; you can upload it yourself if you prefer. If you have questions, let me know - otherwise, let the data speak for itself.
VirusTotal Scan (0/46):
https://www.virustotal.com/en/file/e...is/1385527036/
https://www.nigeriaforextrading.com/...1576797515.zip