Gamblers Pips EA needs debugging - Page 3
Page 3 of 733 FirstFirst 123
Results 21 to 30 of 330

Thread: Gamblers Pips EA needs debugging

  1. #21
    If anyone is interested I found a more accurate way of picking trades with a much better w/l ratio. Going back to 2007 it drops more than 60 percent of those trades utilizing PSAR to opt for the trades along with a modified martingale that's limited to avoid a death spiral. It's profitable back to 2007. It is not unstoppable because it will fail if you go back to 2000.

  2. #22
    Quote Originally Posted by ;
    Thats the one I am using, it does dont appear to work all of the time for me, perhaps it's linked to the pairs and broker demo I am using I did have some good results with it, so I will keep playing with it. quote
    I designed it for the euro and the broker I use is OandA, it might be the lotdigits setting, in case a broker only allows.1 lot increments it would need to be set to 1 or it would stop trading due to invalid lot size.

  3. #23
    Quote Originally Posted by ;
    .... Here's how it works, it creates a trade beginning with as many lots as you need and then raises lot size on a loss and decreases lot size by precisely the same amount with a triumph. So if you started with 1 lot plus increase/decrease by 1 lot that the progression for this particular series( L,L,W,L,L,W,W,L,W,L,W,W) lots for those transactions would seem like this: (1,2,3,2,3,4,3,2,3,2,3,2,1) document
    I found this idea interesting and thought I would see how it may be modelled in MS Excel.

    The attached spreadsheet (assuming I did the maths correctly) requires 500 random events (call them trades) and using the scaling identified by Jaws to set the following trade lot size, all lots based on a single lot size of 1% of account balance, shows an interesting outcome.

    If you compare the scale in/out egy compared to some predetermined lot (ie a predetermined percentage of account balance) the outcomes are rather dramatic - especially with any egy that provides a 60 percent or better reward to risk ratio.

    Simply open up the spreadsheet and keep hitting on the [F9] key to recalculate a new pair of random transactions.

    Have a play with the other configurations also.

  4. #24
    Quote Originally Posted by ;
    quote I understand Martingale will constantly lose but this is not really Martingale, and feel me I'll be the first to post any issues once I receive the results, however I can't do that unless the EA is working right. Everyone understands EA trading is risky, especially with systems such as mine but what's the harm in trying, nothing ventured nothing gained. I copied the results from the flawed backtest and I'm manually adjusting the lot sizes and I'm going to see what it could do but it is going to take some time and that I only have 400 trades ATM, but it's a start until someone...
    Martingale: 4. A system of gambling in which the stakes are doubled or raised after each loss. (

    By definition this is martingale, however I'd be keen to see what this can do. I have not attempted a progressive lot dimension system: all other martingale systems are only a double up or multipliion of the previous trade lot dimensions, which causes a compounding effect that stinks each account.

    1, 2, 4, 8, 16, 32, 64, 128, etc..

    A progressive lot size limits rises in the new trades to some predetermined amount, therefore is less likely to endure a margin call when compared with a compounding martingale egy.

    1, 2, 3, 4, 5, 6, 7, 8, 9, etc..

    This is another thread that may interest you on this subject:

  5. #25
    Quote Originally Posted by ;
    I was a gambler and I utilized a measure development for gambling on roulette(it created lots of money until the inevitable death spiral as a result of insufficient funds or table betting limits), and I think I finally figured out how to apply it successfully to Foreign Exchange. By thought is to the EA would be to make it buy and sell based on the previous candle basically random, red candle it sells blue it buys, then it uses a slow measure progression/regression MM egy to allow it to be profitable. I am not a programmer but I understand enough to tinker with an present appliion, I used...
    May appear impressive, however the Foreign Exchange money is not balanced. If one's longer duration prediction is right, there'll be a number of winners in a row and if longer term management isn't right, many winners in a row.

  6. #26
    Quote Originally Posted by ;
    this one should do the task document
    I copy the file Experts and restart MT4, but MT4 seems to delete this one since it doesn't seem in Navigator and no longer looks in Pros. I tried this on two separate terminals with latest build 745 (24 October).

  7. #27
    Quote Originally Posted by ;
    quote I copy the document to Experts and restart MT4, but MT4 appears to delete this one as it does not appear in Navigator and no longer seems in Experts. I tried that on two separate terminals with latest construct 745 (24 October).
    Because the code uses the old MT4 language standard so whenever your platform attempt to compile it in background, it has several warnings so it removes it.

  8. #28
    Quote Originally Posted by ;
    Hello Jaws. Listen to what is telling you. It won't operate. A endless number of traders and also gamblers have tested this before you, myself included. I did not use EA's for analyzing but I prefer Excel and the end result is always the same. It don't work. However, like Spaceduck say when you've got a trading platform with greater than 50 percent hitrate and 1:1 RR and also overcome the trading cost like spread/slippage, then there are som MM systems that will do the job. But in case you've got a tradingsystem like that you don't require this type of MM because you already have...
    Recall I read about one computer modelling of Martingale betting (in wikipedia), there was a supposition that gaudy sudden increment of bet during losses increase your chances to profit in about 11 times (! ) ) , and the pc test confirmed that. I believe that Martingale works, but not with that rigorous math as being discussed there..maybe it lacks any freedom or suddeness of outcomes in calculation.

  9. #29
    Any kind of martingale will end in a margin call... soon or later.

  10. #30
    Quote Originally Posted by ;
    quote Because the code uses the old MT4 language regular therefore when your platform attempt and compile it in background, it has many warnings so it eliminates it.
    Figures... Metaquotes can not get their own shit working properly. Heck, they erased my old EAs if they force-upgraded everybody to the new 600 builds which altered the directory structure of MT4. They are not thinking of backward-compatibility for the end user - only their particular schedule to move pps to MT5.

    I ai not a programmer: if somebody has the smarts and the generosity, please consider converting this EA to compatibility with newer MT4 builds.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.