Create a simple Martingale - page 21
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So the point is that if 5 orders are in deficit then no new ones are opened until these ones are on the plus side...
If there are 5 orders in minus then the new ones will not open until they are in the plus...
In other words, you can limit entry based on how many lots are in the market now and how the last lots have closed...
Let us say to limit order opening if the market is larger than 0.15 lots or the last 0.15 lot has not reached profit and the lot will be doubled. Then the number of orders is reduced and the lot for a certain position is increased in order to avoid losses. Once you go in the profit and plan to avoid trading more than 0.15 lots on the next opening, you can add orders from 0.01 to say 0.15 lots.
If the opened orders happened minus then first of all trades are opened with double lot and then, after checking in 0.15 lots a decision is taken on the opening of new orders ...
Thus, there should be a 40% chance of winning.
From 10 orders in the market with a profit 4 will close with a loss and 6 orders will close with a loss.
Open 6 orders at 0.02 = 0.12, it is possible to open three more orders at 0.01
Out of 6 at 0.02 lots 2 are on the plus side and 4 are in the red. Also from 0.01 1+ and 2 orders.
We open 4 orders at 0.04 and 2 at 0.02, the total is 0.16+0.04=0.20, new orders at 0.01 do not open, as they were not checked.
Out of 4 orders at 0.04, 2+ and 2-; out of 2 orders at 0.02, 1+ and 1-.
Open 2 orders at 0.08 and 1 at 0.4 so we get 0.12 lots and we can add 3 deals at 0.01 lot.
And so on.... The bigger the drawdown, the less orders in the market... The bigger the lot increases, the smaller the number of orders...
The maximal drawdown remains the same but profits multiply.
All that remains is to find out what kind of system to attach such a system to...
What's next? Or you are sure you will make a guaranteed profit on it? What if some shit happens, and it will definitely happen. Because it's a law. Murphy's Law.
Trading a demo account with your hands roughly according to your strategy.))
But then what? Or are you sure that you are guaranteed to make money on this? If something goes wrong, and it will. Because it's the law. Murphy's Law.
Well, I'm not arguing of course you can't get rid of everything...))) Aliens may come and take over the world.)
I'm just offering an option to increase returns for existing martins...
Heh, why even have a martin if every 5 orders come out on the plus side in packs? On the other hand, if they don't go to the plus, then the deposit is wiped out in a finite time with probability 1. Doesn't add up somehow))
Martin is activated when profits and losses are roughly equal...
I'm just suggesting the classic martin is made more profitable.
About the end time, it's not clear.
I can't figure out what doesn't add up.
Trading a demo account manually roughly according to your strategy.)))
This is not a typical chart for a martin...
It would be interesting to look at the history of transactions
Might be able to fix something in the strategy or identify errors
And the condition of exit by TP, trawl or by indicator? Because the classic martin is implied when the average loss is equal to the average profit ...
If you don't want to be considered as a classic martin, then you should keep playing with an oversized lot until the loss is closed
Well, I'm not arguing of course against everything...))) Alien invaders may come and take over the world...))).
I'm just offering an option to increase profitability for existing martins...
I've been taking a very negative view on martins and overhyped strategies for some time now. This is certainly not a reproach to you. Try it out on a demo somewhere first)))
In general, MKL5 is not for you, they will quickly teach you to open a bunch of orders there))))))))))))))
I see))) Maybe I, too, will start to look at martins differently from time to time...
When in the process of searching and all sorts of work I'll find an EA which increases the deposit by itself without any money management. I have reached an acceptable level of profitability.
But in the meantime we have signals from different inductors with high false frequency... And here martins help to earn even on such indices.
I see))) Maybe I, too, will start to look at martins differently from time to time...
When in the process of searching and all sorts of work I'll find an EA which increases the deposit by itself without any money management. I have reached an acceptable level of profitability.
But in the meantime we have signals from different indices with high probability of false signals... And here martins help to earn even on such indices.
Have you ever tried trading on the news? It's a slippery subject though...
I haven't really tried trading forex at all yet)))
I wrote a program a couple of years ago... I put some real money into it and I calmed down for a while.
Until I played at a casino using martingale. And now I'm writing, watching, studying, testing and stuff... But I'm not ready for real trading yet. Trading by hand is not for me...
I'm more interested in messing around with programs)))