Mandarine_Fibpivots_v1 EA https://www.mql5.com/en/forum/180088 with defauls settings for H1 timeframe. I changed only the settings for Fibo (true and false).
Statements are attached.
It is with Fibo = true:
It is the visual statement:
Mandarine Martingale EA with martingale feature.
I am trading EURUSD, GBPUSD, USDJPY, USDCHF, AUDUSD, USDCAD, NZDUSD, GBPJPY, GBPCHF.
Some members asked which pairs are the most profitable so:
It is EURUSD:
Just some my comments.
I think - it is one of the best martingale system. The system is using Mandarine strategy (signal system with difital filters), Fibo to filter the entries, sop loss values are estimated by range of the price, and martimgale feature as "last hope" for the price to be closed (using martingale instead of simple closing the first trade).
It is profitable in pips for almost every week and SPF (see it from Visual statement) is 0 or above zero (which is indicating that it is non-martingale.
That is why I am using this EA as the total leaders' calculation which I am doing in 4 digit pips.
Drawdown (max floating on open trades as RDD max).
It is written on the chart for every pair.
Since August this year as the max:
- EURUSD: 934 dollars
- GBPUSD: 4,125
- USDJPY: 1,947
- USDCHF: 226
- AUDUSD: 2,275
- USDCAD: 248
- NZDUSD: 325
- GBPJPY: 254
- GBPCHF: 54
I am not suggesting to trade just 1 pair only with this EA because EA is not trading often for every single pair (because of Fibo filter). Select 2 or 3 pairs based of the results (statement is attached) and based on RDD max (selecting criteria: more profit with less RDD_max).
Hi Newdigital. Please post your preset file
Thanks for your information.
1. Please kindly post your preset file for Mandarine with Martingale. Thanks.
2. Do you use Money Management = True or False?
Thanks a lot
I am using EA from this post https://www.mql5.com/en/forum/180089/page11 with default settings. The only thing I changed was MagicNumber: every pair should have different magic number. It is very important to use different magic number for different pair.
This post: https://www.mql5.com/en/forum/180089/page11 - EA is uploaded and I am using default settings. As I remember - I am not using MM.
which instrument for mandarine
I was wondering whether mandarine would be profitable for other instruments than the currency you are using currently. Have you done any test with indices before? Anyways I have started some tests on my side with a demo account on all the instruments that my broker provides just to check.
If you've done more tests on different currencies appart the one you're testing, have you stopped because they were not profitable?
No, I did not test the other currencies sorry.
I tried to select the settings for some others (gold and so on) but it is not easy to do ...
Today I had trades closed for the following:
audnzd, euraud, usoil, usdcad, audjpy, audcad
They were all closed in profit.
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