Martingale EA - page 131

 

Still Hope for Martingale System

Hi,

Don't give up on the Martigale System just yet. There are still hope for it if you use it to compliment some of the stragtegy out there.

Instead of using Martingale as a system/strategy for your trades, why not try to use it as position normaliser for any strategy you are using. For example if you uses a trend reversing signal strategy normally you will enter trade when you get a reversal signal and then set a PL & SL right? Instead of setting a SL, why not use the martingale system here to open another position to normalise your 1st position when the market heads to an opposite direction. Set the total position to a max of 5 to 8 then SL if the continues to trend in the opposite direction.

Your PL will change according to the number of position opened and will increase the probability of hitting your PL.

Have anyone ever compare a backtest result of any system with different PL and SL? I believe all have and most of you will realise that for every pip of SL you increase, you'll increase the total of winning trades. Same goes to your PL, every pip reduced, you'll increase your number winning trades wihtout changing the strategy.

Well, if you incoporate this martingale system into your system, you may very well have the same effect. It will increase the effectiveness of your system provided if you don't over doing it (put a limit to the max number of position).

Of course saying is easy, but if you don't try, you won't know.

I have been trading forex for 3 years and I've never come across any strategy that can last more than 1 month before wiping out my account until I use the combo strategy I suggested above. I have been using this combo strategy for 7 months now, and 'touch wood' it has not wipe out my account yet. It even survive through all the harsh condition of the Subprime shock and the multi cut of interest rate by US Fed.

Let me try to attach the statement graph for my forward testing since Aug07:

Just to give some hope to some of the Martingale supporters out there

Files:
 
stacker99:
Hi,

Don't give up on the Martigale System just yet. There are still hope for it if you use it to compliment some of the stragtegy out there.

Instead of using Martingale as a system/strategy for your trades, why not try to use it as position normaliser for any strategy you are using. For example if you uses a trend reversing signal strategy normally you will enter trade when you get a reversal signal and then set a PL & SL right? Instead of setting a SL, why not use the martingale system here to open another position to normalise your 1st position when the market heads to an opposite direction. Set the total position to a max of 5 to 8 then SL if the continues to trend in the opposite direction.

Your PL will change according to the number of position opened and will increase the probability of hitting your PL.

Have anyone ever compare a backtest result of any system with different PL and SL? I believe all have and most of you will realise that for every pip of SL you increase, you'll increase the total of winning trades. Same goes to your PL, every pip reduced, you'll increase your number winning trades wihtout changing the strategy.

Well, if you incoporate this martingale system into your system, you may very well have the same effect. It will increase the effectiveness of your system provided if you don't over doing it (put a limit to the max number of position).

Of course saying is easy, but if you don't try, you won't know.

I have been trading forex for 3 years and I've never come across any strategy that can last more than 1 month before wiping out my account until I use the combo strategy I suggested above. I have been using this combo strategy for 7 months now, and 'touch wood' it has not wipe out my account yet. It even survive through all the harsh condition of the Subprime shock and the multi cut of interest rate by US Fed.

Let me try to attach the statement graph for my forward testing since Aug07:

Just to give some hope to some of the Martingale supporters out there

another one

Files:
 
kayvan:
another one

another one

 
kayvan:
another one

Another one

i coulden`t upload the detail statment.

Files:
usd_jpy.gif  7 kb
 
kayvan:
Another one

i coulden`t upload the detail statment.

this is for wich expert graph ?

 

So if you turned 10k into 100k do you think the bucketshop will let you withdraw this virtual money? LOL

 

i've all ready try

hi bro, i've all ready ur EA, but its not to good....

i use in demo only, beside, the best ea is my brain

thx very much

https://www.mql5.com/en/forum

Thumbs up

 
kayvan:
Another one

i coulden`t upload the detail statment.

hi, kayvan

which TFX do you use ? have you modified it ?

do you want to share it, so that i can test it

many thanks in advance

giapel

 
giapel:
hi, kayvan

which TFX do you use ? have you modified it ?

do you want to share it, so that i can test it

many thanks in advance

giapel

it is not finished yet. i will inform you when it is complete

 
kayvan:
it is not finished yet. i will inform you when it is complete

U post many graphics, Which one is the holy grail u r talking about?

Reason: