Discussion of article "Grid and martingale: what are they and how to use them?" - page 9
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Do you have the stats in csv? In private, of course, if you don't mind. I can't get into pyramiding.
This is where he wrote about pyramiding.
I'm too lazy to read the article. So, a few words about the system = simple and uncomplicated
a grid is formed - MINIMartingale is used - overturned - well and a few nuances such as the beginning of trading from the European session - to the american session (there only to close...
apply pyramiding - make reinvestments of the initial lot ... and the profit is in your pocket :)
It's simple. You need to find a pyramid on the chart. This is pyramiding!))) Use hedging (not netting). Hedging is more convenient, imho. What netting on forex...)
It's just a set of positions as you move. You can go against it, but it is much more complicated. It's a lottery game. That's all. How exactly to play with martin is a personal matter for everyone.
A few more words about Alexander. Extreme, apparently risk is in his blood. He started with casinos. There were cases when he came to the casino with $10, and left with $20,000. Interesting personalities like that are a godsend for a writer or a film director. It's a pity that he hasn't met them yet, otherwise we would have already seen him in a film or read a book).
That's where he wrote about pyramiding.
I looked there, too. Also unprofitable
How did you determine that? You don't have an indicator that he uses to enter the market.
How do you know? You don't have an indicator that he uses to enter the market.
and this is the indicator - the ability to calculate the network in advance, according to the strategy description.
He opens each order taking into account how the price moved from the level: bounced or broke through. You don't have these levels, so you can't evaluate the system. And he has a dozen of subtleties that he did not tell about at all.
He opens each order taking into account how the price moved from the level: it bounced or broke through. You don't have these levels, so you can't evaluate the system. And he has dozens of subtleties that he did not tell about at all.
Oh, come on.
It doesn't matter.
The main thing is to know where and how much and where to go.
and if there are trades marked on the screen, it's no problem at all to calculate how much profit or loss there is.
;)
"I played with pyramiding in the tester. Initial entry was made either by the button of the Expert Advisor control panel or by setting the trend direction with the panel switch and entry was made at the breakdown of the extremum of the last completed candle. The Expert Advisorbuilt a pyramid and also set and modified stop losses. Profit closing was done manually by the panel button. From the experience gained, these are my thoughts. In order to make the total loss of the pyramid approximately equal to the loss of the first order when the stop is triggered without pyramiding, the stop should be approximately equal to the order grid step equal to 12 p (as recommended by Alexander). To get at least some effect from the pyramid, you need to wait at least for the second order to reach profit. But with such a small stop-loss it often triggers, closing the pyramid or a single first order with a loss. And waiting for three or more orders to trigger is possible only in cases when the price, as they say, shoots. So the pyramid can have an effect only if the starting entry is made very accurately and the price shot without pullbacks, or with very small pullbacks. Well, there is still an option, if stops are made more, but in the case of the pyramid, the increase in stop loss leads to a significant increase in the loss when it triggers." khorosh wrote in that thread. Here we come to the same conclusion as this article.
It all comes down to the fact that you need to know where the price will go and then build pyramids. The pyramid as well as the grid is designed for a big movement, if the trend, the pyramid either buy or sell, if flat, buy-sell alternate. But the whole point is that you have found a trend or a flat and at the same second they took and reversed and what then? You have to be a hardcore forecaster. And nobody knows how to do that.