Martingale EA. Almost cant lose! - Page 2
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Thread: Martingale EA. Almost cant lose!

  1. #11
    Even if you start with 0.1 lot it doesn't work. Following 10 losses in a raw you will wind up with over 200 lots ! I let you figure out what your funding should be to open 200 lots.
    Anyhow there are plenty of unique variations of martingale Ea in the forum and it is also the prefered EA for crooks to market it to newbies.
    Because it looks good on the statement for a few days/weeks/maybe months if you're fortunate and have a huge funding but it always ends the same way: the account is wipped out

    Just my advice: do not spend too long trying to work on a martingale EA. When it would work, we would all be billionnaires. There are loads of egies in this forum that are much more interesting to research and to comprehend.

  2. #12
    Quote Originally Posted by ;
    Just my advice: don't spend too long attempting to work on a martingale EA. If it would work, we'd be billionnaires. There are loads of egies within this forum that are much more interesting to study and to understand.
    I concur, only new trader try this... : -)

  3. #13
    II believe this system currently exists and is proffitable just with big news events you lose if you are on the wrong side of the market the machine is called dealer lot direction (DLMV) you can find everything here Link Removed, rule #2

    gr. leon

  4. #14
    I agree with alot of this logic you're saying. You do not want large drawdowns or losses and by nature that a martingale fashion egy is much more risky than a standard entry indior or price action system.

    I've back tested this procedure over 2 weeks. During that time I made it to ten trades. The highest I made it at the progression was 7, which was just once. That was about the 1 minute chart. I understand that two weeks isn't any way to assess the market but its a lot of activity on the 1 minute chart. And during that time it was both ranging and trending. And it made money. I am working on an updated backtest and will post the results as soon as they are finished.

    If you look at the logic behind the concept in trade. The price must range within 50 pips moving 20 or more pips but no more than 40 (based on entry loion)at least ten times for a margin call. I could maybe see that occurring in a non-volitile/low-volume pair. However in GBPUSD, EURUSD, or even the USDCHF, I have a hard time seeing that as possible.

    Another option is not shutting the trades when they move against you incase they undo you get another increase to your equity. Granted it will not counter all of your previous positions as you understand the last position is what makes it profitable, but it could help with decreasing drawdowns.

    Either way you look at it I really don't see there being a better approach to hedge a position profitably if you're going to trade an indior and utilize this as up, or move off of a MA to determine initial entry. I haven't been trading long (nearly two years) so I might nevertheless be considered a newbie, but I haven't seen enough info to disqualify this a profitable means of trading.

    I am working on other options for the system, such as profitable configurations such as the Fibonacci chain or other lot multipliers.
    Does anybody have any challenging outcomes from testing, Or some code to play to test?

  5. #15
    There are lots of martingale systems developed for FX and now I have done quite a little forward and backtesting of those systems. What kills you is being on the incorrect side of a trending market. A Micro account beginning at .01 grows to $2500 at 10 trades (say 150 pips at 10 increments at 15 pips per increment)... those kind of moves occur all of the time.

    You will find those who trade these egies successfully but a word to the wise. . OVER LEVERAGE.... OVER LEVERAGE.... OVER LEVERAGE...

  6. #16
    Recommend NZD/JPY for consideration. It's volatile and margin is only $1.72 a nanolot ($1000 contract) with FXSol....

    The margin requirement for this pair is 2/5 cable's.

  7. #17
    Quote Originally Posted by ;
    What kills you is being on the wrong side of a trending market.
    Why would it matter if you're on the wrong side of this market? His egy is really a stop and reverse system.... Not one leadership.

  8. #18
    The secret in the sauce would be that the hedge.... Which fully handles risk.... That you never shut any contracts.... Thus ALL contracts opened in the winning leadership will gain 20 pips.

    In this chart, the ultimate winning trade is Long 18.... Notice I didn't double on the losers (1, 2, 4, 8...) rather the hedge allows for (1, 2, 3, 5, 7, 12...)

    The winning commerce is going to have a total of 29 contracts that produce 20 pips (580 pips) and a entire loss of 570 (19 x 30 pips). Profit: 10 pips.

    Wrap your mind around this one... it's the most conservative martigale possible.

    As the price ranges between 20 pips on either side of the range, the negative equity of shedding contracts is offset from the reverse mortgage. The drawdown is contained. The worst drawdown possible in this graph is (-10 x 29) = -290, occuring when the price reversed 10 pips in the finished entry. This snare may have potential. What do you guys think?

  9. #19
    Quote Originally Posted by ;
    The winning trade will have a total of 29 contracts which make 20 pips (580 pips) and a complete loss of 570 (19 x 30 pips). Net profit: 10 pips.
    Just how many pips did your broker make in all this?

  10. #20
    Quote Originally Posted by ;
    quote lol wut? It ended up in damaging
    how did it finish damaging?

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