Martingale with SMA21

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team_geo_fxsignal
119
team_geo_fxsignal  

Hello

Can someone try to code below strategy ?

1. Attach Simple Moving Average ( median price ) 21 to H1 chart GBPUSD.

2. BUY - when new candle opens above SMA21 with 0.1.

3. SELL - when new candle opens below SMA21 with 0.1.

4. If the market against you, and the next candle opens in the other side of SMA21, double the lot ( 0.2 ) and run with trail or fixed target or close until we see another new candle opens in the opposite side.

I have tested this method manually, and it gives fantastic results.

Regards

Team GEO

Lee Bryant
1187
Lee Bryant  

Hi, are there any take profits or stops ? do you just wait for close of candle ? do you carry on opening positions whilt over / under sma ?

prasxz
1259
prasxz  

Hi

team_geo_fxsignal:
Hello

Can someone try to code below strategy ?

1. Attach Simple Moving Average ( median price ) 21 to H1 chart GBPUSD.

2. BUY - when new candle opens above SMA21 with 0.1.

3. SELL - when new candle opens below SMA21 with 0.1.

4. If the market against you, and the next candle opens in the other side of SMA21, double the lot ( 0.2 ) and run with trail or fixed target or close until we see another new candle opens in the opposite side.

I have tested this method manually, and it gives fantastic results.

Regards

Team GEO

Hi,

Nice system...what time this system use to get a good result?

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Forex Indicators Collection

increase
1199
increase  

would this indicator work?

Files:
team_geo_fxsignal
119
team_geo_fxsignal  
prasxz:
Hi,

Nice system...what time this system use to get a good result?

===================

Forex Indicators Collection

you can trade anytime you want....asia sometimes very active...

in the EA, take profit and trail should be available so we can test. We should carry the trade until you satisfied with your net profits.

team_geo_fxsignal
119
team_geo_fxsignal  
increase:
would this indicator work?

thanks....how do u use this indi? mainUP minUP?? what time frame is profitable?

William Snyder
9491
William Snyder  

ma 21 martingale

Added this to one of the 10 points 3 e.a..

Hope this is what you are looking for

tools

Craig
235
Craig  

This won't work, one of the EA's which comes with MT4 does this without the Martingale, and it loses bigtime. I can't seem how martingale will help, unless the goal is speed of account destruction, then it might be awsome!

team_geo_fxsignal
119
team_geo_fxsignal  
mrtools:
Added this to one of the 10 points 3 e.a..

Hope this is what you are looking for

tools

thanks mrtools for being helpful..i will test it....

William Snyder
9491
William Snyder  

Ma21

thanks mrtools for being helpful..i will test it....

Hi Team-geo-fxsignal

This is so far getting good backtest results, but have tried a lot of different versions of this some with good backtests but forward testing like Craig said is a different story will forward test starting tomorrow.

Regards

tools

auto
246
auto  

Live Test on display

Mr Tools,

Looks like Martingale is the flavor of 2007.

Here are 2 systems with aggressive MM on fwd test .. EA cannot be distributed due to copyright issues. We can compare the results.

http://nolosstrades.tripod.com/spider/statement.htm

http://nolosstrades.tripod.com/spider1k/statement.htm

Running live too - on EUR.

regards.

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