Martingale experience

 

Dear experienced traders, 


I often hear martingale is dangerous and I used to really think so. 

But these days, I'm analyzing some strategies, martingale looks very good. 


How do you think about martingale?

Do you have a experience that any ac blow up even we have disciplined plan, huge deposit and small lot in low leverage?


Thank you in advance and best wishes,

Sky 

 
Martingale, guaranteed to blow your account eventually. If it's not profitable without, it is definitely not profitable with.
          Martingale vs. Non Martingale (Simplified RoR vs Profit and the Illusions) - MQL5 programming forum 2015.02.11

Why it won't work: Calculate Loss from Lot Pips - MQL5 programming forum 2017.07.11

 
William Roeder:
Martingale, guaranteed to blow your account eventually. If it's not profitable without, it is definitely not profitable with.
          Martingale vs. Non Martingale (Simplified RoR vs Profit and the Illusions) - MQL5 programming forum 2015.02.11

Why it won't work: Calculate Loss from Lot Pips - MQL5 programming forum 2017.07.11

Thank you so much for your continuing support, William. 

 

The "guaranteed to blow your account eventually" concept is only valid when you allocate you whole account to the strategy

From there success really depends on how frequent it'll blow "your account"

There's no reason why you couldn't allocate 10% of you account to the strategy and lock it in whenever it doubles, that way if it doubles more often that it blows you'll have a successful strategy

 
iRick:

The "guaranteed to blow your account eventually" concept is only valid when you allocate you whole account to the strategy

From there success really depends on how frequent it'll blow "your account"

There's no reason why you couldn't allocate 10% of you account to the strategy and lock it in whenever it doubles, that way if it doubles more often that it blows you'll have a successful strategy

Thank you so much, iRick. 

 

Martingale, Hedging and Grid

The forum threads

  1. Martingale vs. Non Martingale (Simplified RoR vs Profit and the Illusions)
  2. Martingale, Hedging and Grid : MHG
  3. Featured Martingale EA to explore and expand, provided by a programmer 
  4. Does a safe Martingale exist ?
  5. Why people are still trying Martingale Systems?
  6. The Video - Trading The Martingale and Anti Martingale Strategies

CodeBase

  1. Angry Bird (Scalping) - expert for MetaTrader 4 - the settings and trades - look at this post.
  2. Grid Semiautomat Panel - expert for MetaTrader 5
  3. Grid Template EA - expert for MetaTrader 4
  4. VR---SETKA---3_v2 - expert for MetaTrader 5
  5. KNUX Martingale - expert for MetaTrader 4
  6. MacdPatternTraderAll0.01. Time+Martingale - expert for MetaTrader 4
  7. Pure_Martingale - expert for MetaTrader 4
  8. Trend_Catcher - expert for MetaTrader 5
  9. Ingrid Martingale - expert for MetaTrader 5
  10. MultiMartin - expert for MetaTrader 5
  11. N trades per set Martingale - expert for MetaTrader 4 
  12. Martingale Smart - expert for MetaTrader 4 
  13. Reversing Martingale EA - expert for MetaTrader 5
  14. VR Calculate Martingale Lite - indicator for MetaTrader 4
  15. VR Calculate Martingale Lite MT 5 - indicator for MetaTrader 5 
  16. Hoop master 2 - expert for MetaTrader 5
  17. Martingale EA - expert for MetaTrader 4
  18. Simple candle filter martingale EA - expert for MetaTrader 4
  19. RSI Martingale - expert for MetaTrader 5
  20. more here

The articles

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

 
Sergey Golubev:

Martingale, Hedging and Grid

The forum threads

  1. Martingale vs. Non Martingale (Simplified RoR vs Profit and the Illusions)
  2. Martingale, Hedging and Grid : MHG
  3. Featured Martingale EA to explore and expand, provided by a programmer 
  4. Does a safe Martingale exist ?
  5. Why people are still trying Martingale Systems?
  6. The Video - Trading The Martingale and Anti Martingale Strategies

CodeBase

  1. Angry Bird (Scalping) - expert for MetaTrader 4 - the settings and trades - look at this post.
  2. Grid Semiautomat Panel - expert for MetaTrader 5
  3. Grid Template EA - expert for MetaTrader 4
  4. VR---SETKA---3_v2 - expert for MetaTrader 5
  5. KNUX Martingale - expert for MetaTrader 4
  6. MacdPatternTraderAll0.01. Time+Martingale - expert for MetaTrader 4
  7. Pure_Martingale - expert for MetaTrader 4
  8. Trend_Catcher - expert for MetaTrader 5
  9. Ingrid Martingale - expert for MetaTrader 5
  10. MultiMartin - expert for MetaTrader 5
  11. N trades per set Martingale - expert for MetaTrader 4 
  12. Martingale Smart - expert for MetaTrader 4 
  13. Reversing Martingale EA - expert for MetaTrader 5
  14. VR Calculate Martingale Lite - indicator for MetaTrader 4
  15. VR Calculate Martingale Lite MT 5 - indicator for MetaTrader 5 
  16. Hoop master 2 - expert for MetaTrader 5
  17. Martingale EA - expert for MetaTrader 4
  18. Simple candle filter martingale EA - expert for MetaTrader 4
  19. RSI Martingale - expert for MetaTrader 5
  20. more here

The articles

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

Thank you so much, Sergey! 

 
Sky L:

But these days, I'm analyzing some strategies, martingale looks very good. 



Hi Sky,

If possible, can you please roughly share the strategies with us in which martingale works very good?

 
Kubilay Kaletaş:


Hi Sky,

If possible, can you please roughly share the strategies with us in which martingale works very good?

Hi, Kubilay. 

Almost all of them works very well in back test, I have to test them in real ac and I'm still working on it. 

 
Soon you'll destroy your account in real time market.....
 
Sky L:

Hi, Kubilay. 

Almost all of them works very well in back test, I have to test them in real ac and I'm still working on it. 


Good luck, but be careful when putting a real bet with them.

Martingale is not such a thing that can be used depending only on the back test experiences.

They may work well so impressively over years, but the point here is that it blows the accounts eventually.

Reason: