How do you feel about this idea

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Ok here it is,

The EA decides on a factor (MA / MACD / Psar / whatever) what direction it should take. Long or short. SL/TP must be even for example 15 SL 15.

Now, you know the fibonacci numbers are

1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377,....

So what if we change that in lotsize

0.01, 0.01, 0.02, 0.03, 0.05, 0.08, 0.13, 0.21, 0.34, 0.55, 0.89, 1.44, 2.33, 3.77, etc. etc.

Now, the first trade it takes is with Lotsize 0.01. Does it win? Good, remain on Lotsize 0.01.

But then! OMG! It loses, ok no problem it goes to the next number. 0.01. Loses again, 0.02, and again, 0.03... Yes a win! Back to 0.02.. Another win! Now it won twice in a row so we start over....

So for example (L=Loss, W=Win)

0.01 L

0.01 L

0.02 L

0.03 L

0.05 L

0.08 L

0.13 W

0.08 L

0.13 W

0.08 W

0.01 ...

Do you see when it wins it goes back 1 step, but when it wins twice in a row it restarts....

I can't make EA"s but here just an Idea

 
dubbeldam:
Ok here it is,

The EA decides on a factor (MA / MACD / Psar / whatever) what direction it should take. Long or short. SL/TP must be even for example 15 SL 15.

Now, you know the fibonacci numbers are

1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377,....

So what if we change that in lotsize

0.01, 0.01, 0.02, 0.03, 0.05, 0.08, 0.13, 0.21, 0.34, 0.55, 0.89, 1.44, 2.33, 3.77, etc. etc.

Now, the first trade it takes is with Lotsize 0.01. Does it win? Good, remain on Lotsize 0.01.

But then! OMG! It loses, ok no problem it goes to the next number. 0.01. Loses again, 0.02, and again, 0.03... Yes a win! Back to 0.02.. Another win! Now it won twice in a row so we start over....

So for example (L=Loss, W=Win)

0.01 L

0.01 L

0.02 L

0.03 L

0.05 L

0.08 L

0.13 W

0.08 L

0.13 W

0.08 W

0.01 ...

Do you see when it wins it goes back 1 step, but when it wins twice in a row it restarts....

I can't make EA"s but here just an Idea

The problem is you need a good method for this to work.

 

you cannot know how much money you will need before you start wining

you might loose everything that way

 
browntrader:
you cannot know how much money you will need before you start wining you might loose everything that way

True, but it's not the same as Martingale, And I've been having alot of succes with this system with Roulette...

 
dubbeldam:
True, but it's not the same as Martingale, And I've been having alot of succes with this system with Roulette...

Hi, i like your idea, but can you show me in the chart when you enter trade, exit, double position etc. What tf, tp, stop loss.

Can you show me how do you play in your strategy?

 
niewazne:
Hi, i like your idea, but can you show me in the chart when you enter trade, exit, double position etc. What tf, tp, stop loss. Can you show me how do you play in your strategy?

Thanks man. An entry/exit strategy has not yet been decided. My idea was the special Money Management.

 

ok, I see. Thanks for reply

 

Well, if you can inform us of what u come up with for sl and tp, that would be cool.

 

creating a New Idea -- i.e. no indicator, not yet tested -- it can't be good === it just show that you are the beginner (once, we was -- just like, opposite to losing ==must equal to== constant winning)

 

fck man its just an MM idea =P

 

It is a Martingale System, just using a different multiple rather than doubling the size of your bet. You still need a system that wins more than it loses, and if that's true, fixed lot size will still be profitable. Strignano recomends the opposite, reduce lot size as you keep winning so the inevitable loss is a smaller lot size.

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