Thread: Little Martingale EA

Originally Posted by ;

quote Hi Rafael... Can you give a bit more info on your backtest enjoy, how many days, months? Preferences, what exactly was your multiplier, order distance, TP? Due Marty

Hi Marty,

- Backtest were run from 2012 to 2017 on many pairs (a number of them I only had info from 2015 to 2017). 100% quality employing every tick.

- As Platinum I utilize Fibonacci sequence! I tested 1.5x, 2x, 3x, etc.. After I tested Fibonacci (2x, 3x, 5x, 8x, etc) I had better results! But I am still making further evaluations.

- Order distance it is not fixed! I use a percent of DD. After a transaction reaches a particularÝ, it opens a new trade. I also have filters to avoid opening new places on the same heights of former positions - that is done to protect against opening too many transactions on a ranging market.

- TP is not fixed. I use the maximum profit reached -25%. For example, if profit reaches USD100 profit and falls back to USD75, it closes the transactions. But based on the number of transactions which has already being opened, it closes for security reasons.

If you have any additional query, allow me to know.

Originally Posted by ;

quote Hi Marty, - Backtest were conducted from 2012 to 2017 on most pairs (a number of them I only had info from 2015 to 2017). 100% quality employing every tick. - As Platinum I utilize Fibonacci sequence! I tested 1.5x, 2x, 3x, etc.. Once I tested Fibonacci (2x, 3x, 5x, 8x, etc) I had better outcomes! But I'm still making further tests. - Order space it isn't fixed! I utilize a percent of DD. Once a transaction reaches a certainÝ, it opens into a new trade. I also have filters to prevent opening new places on the same levels of previous places - this is done to prevent...

Hello Rg2

I've question on Once a transaction reaches a specificÝ is this alternative is available opposite trade
For eg if the BUY trade goes for 30 percent DD and it need to open SELL trade with percent of the Entire LOT to hedge

Is the EA has the Choice to open aniti martingale

Originally Posted by ;

quote Hi Rg2 I've question on Once a trade reaches a particularÝ is this alternative is available reverse trade For eg if the BUY trade goes for 30 percent DD and it need to open SELL trade with percent of the total LOT to hedge Is your EA has the choice to open aniti martingale

It works like this:

one time a trade reaches the given DD, it's prepared to open a new trade (that is, a new trade using martingale - a new trade with a larger lot).

Let us assume my very first trade is a BUY.

This BUY trade fails and reaches the Ý. Then, instead of blindly opening a hedge trade (SELL), like most EAs do, my EA will analyse the current market condition. It has 3 choices:

1. When market is trending, it will open a hedge trade, SELL
2. When market is determined, it will attempt to use open and averaging another BUY
3. If my EA can't decide what to do, then it will do nothing and wait for a better chance

From my observartions and from previous EAs I've made, I noticed that averaging is better in ranging markets and Dollar is better in trending markets.

In my view that's one of the secrets to use martingale at a more secure manner.

Originally Posted by ;

quote It works like this: Once a transaction reaches the specified DD, it is ready to open a new commerce (that isa new commerce using martingale - a new commerce using a larger lot). Let's assume my first transaction is a BUY. This BUY commerce reaches and fails the percent DD. Then, instead of opening a market trade (SELL), like most EAs do, my EA will analyse the current market condition. It has 3 options: 1. If market is trending, it will open a hedge trade, SELL 2. If market is ranging, it will attempt to use averaging and open a different BUY 3. If my EA can't decide...

How you manage to analyze the tendency using any indior or price action. Will the hedge order will utilize distinct magical number, is there some trailing stop and auto open hedge option if it hit the stop loss till the tendency stop.

Originally Posted by ;

quote How you manage to examine the tendency employing any indior or price action. Will the hedge order will use different magical number, is there some trailing stop and auto open hedge alternative if it hit the stop loss till the tendency stop.

Assessing the tendency can be carried out at all. Either using indiors (there are thousands that can do so ) or price action (such as greater lows, lower extremities ).

Magic amount should always be the same.

Trailing stop may work, but that depends on the circumstance. I do use a kind of monitoring stop, but it is not a fixed number of pips. As I said earlier, I trail the profit.

About Stop Loss: In my view that's VERY important. It doesn't matter how secure your EA is, a SL should be put. I'm still looking for the ideal value for this.

PS - I'm not here to tell exactly how to plan a profitable EA, I'm only sharing some things I learned from creating EAs, specially using martingale.

Originally Posted by ;

quote from the settings for your first chart you leave magic buy 1 and magical sell at two 2 nd chart) magic buy 3 magical sell 4 rd chart)magic buy 5 and magical sell 6 4th chart ) magic buy 7 and magical sell 8 5th chart )magic buy 9 and magical sell 10 6th chart) magic buy 11 and magical sell 12 and so on....

Hello luca1073,

I have uncertainty once all five account reach the level of .12 LOT. And the hedge trade on all chart is going to be on .02 LOT the way you manage the DD with your margin r we wasting money and time on this testing.



I have uncertainty, from my experience to earn the market move reverse we have to push the market with dual the reduction lot hedge trade. Once all the bad trade got closed we end up in margin call.

For those who have very good margin such as more then 200k then we could play


Or Once all of the

Originally Posted by ;

quote Hi, I have doubt once all five account reach the degree of .12 LOT. And the hedge trade on all chart is going to be on .02 LOT how you manage the DD with your margin r we squandering money and time with this testing. I have doubt, from my experience to earn the market move reverse we have to push the market with dual the loss lot hedge trade. Once all the bad trade obtained closed we end up in margin call. In case you have very good margin like more then 200k then we could play Or Once all the

you really do good to doubt this particular system. To be sincere you need to doubt all systems. I feel that eur gbp is the only pair(if any) worth investing this egy with because of its relative ranging behaviour.
Regarding margin im still looking for a position/margin in %, lot calculator for drawdown. Does any people in this forum have one?

Another afternoon the EA took n. 4 0.08 transactions and of course there were 5 transactions in 0.05 and 5 transactions in 0.03 and 5 transactions at 0.02 and all the 5 opposite trades (buy at 0.02). Complete margin in percent was 920 percent. . .so not so bad after all....drawdown was 445 euros. account is 7000 euros. Now drawdown is only -.80 because price retraced and made profit. Exactly 823 euros since may 22. 2018

of course with 200 k you could even trade the mad trio er EA. I know in the event that you ever watched it. Once on demo I turned 3000 to 21000 on 3 pairs in 3 months but then lost it all lol but with 200 k it'd have resisted making huge profits per month

Originally Posted by ;

quote you do well to doubt this system. To be sincere you need to doubt all of the systems. I think that eur gbp is the only pair(if any) value investing this egy with because of its relative ranging behaviour. Regarding margin im still looking for a position/margin in %, lot calculator for drawdown. Does any people in this forum have you? The other day that the EA took n. 4 0.08 transactions and of course there were 5 transactions at 0.05 and 5 transactions at 0.03 and 5 transactions at 0.02 plus all of the 5 opposite trades (buy at 0.02). Total margin in percent was 920...

If you r using 6 chart and 1000 pips below and 1000 pips above how much lot it will open how much margin is demanded rough calculation.

When the We've the chart opened for each 50 pips go

~FUND demanded is 24K for six chart and the floating DD will be 11.5K
https://www.nigeriaforextrading.com/...367945689.xlsx

Originally Posted by ;

quote If you r with 6 six chart and 1000 pips below and 1000 pips over just how much lot it'll open just how much margin is demanded rough calculation. When the We have the chart opened for each 50 pips proceed ~FUND demanded is 24K for six chart and the floating DD is going to be 11.5K document

im with 5 charts. The pips there place in the mount is the distance from the last trade 0.12? Im having a look at it thanks

up to now in the live test I had as I said 4 charts opening 0.08 trades each plus all of the transactions and total drawdown for 5 charts such as fees and swap had been -445 euros. I believe price distanced about 20-30 pips from 0.08 in the red before turning

Comeback2000 I also noticed a mistake in your excel calculator. You didnt set the 0.03 transactions