Martingale problem

Tolotra Ny 2021.08.10 13:38

I want to learn and add a martingal with my code but it's not working well

The first TP should move(but not close trade at especific value as my code now),

The lot exponent should be fixed(eg:1.4)

My code and the function I used

//+------------------------------------------------------------------+
//| OnTick function                                                  |
//+------------------------------------------------------------------+
void OnTick()
  {
    Comment("Balance: ",AccountBalance(),"\n\nAccount Equity: ",AccountEquity());
//--- check for history and trading
   if(Bars<100 || IsTradeAllowed()==false)
      return;
//--- calculate open orders by current symbol
//--- calculate open orders by current symbol
   if(TrailingS==true){
   if(CalculateCurrentOrders1(Symbol())==0) {CheckForOpen1();
    TrP();}
    }
   if(TrailingS==false){
   if(CalculateCurrentOrders1(Symbol())==0) {CheckForOpen1();}
    }
    Martingal();
 
//---
  }

void CheckForOpen1()
  {
int limit=1;   
for(int i=1;i<=limit;i++){
bool BullishCandle= Close[1]-Open[1]>0;
bool BearishCandle= Open[1]-Close[1]>0;
double MA13a= iMA(NULL,0,13,0,MODE_EMA,PRICE_CLOSE,1);
double MA50a= iMA(NULL,0,50,0,MODE_EMA,PRICE_CLOSE,1);
double MA13c= iMA(NULL,0,13,0,MODE_EMA,PRICE_CLOSE,3);
double MA50c= iMA(NULL,0,50,0,MODE_EMA,PRICE_CLOSE,3);
double MA13d= iMA(NULL,0,13,0,MODE_EMA,PRICE_CLOSE,4);
double MA50d= iMA(NULL,0,50,0,MODE_EMA,PRICE_CLOSE,4);
double MA13e= iMA(NULL,0,13,0,MODE_EMA,PRICE_CLOSE,5);
double MA50e= iMA(NULL,0,50,0,MODE_EMA,PRICE_CLOSE,5);
double MA200a= iMA(NULL,0,200,0,MODE_EMA,PRICE_CLOSE,1);
double MA800a= iMA(NULL,0,800,0,MODE_EMA,PRICE_CLOSE,1);
double MA13b= iMA(NULL,0,13,0,MODE_EMA,PRICE_CLOSE,2);
double MA50b= iMA(NULL,0,50,0,MODE_EMA,PRICE_CLOSE,2);
double MA200b= iMA(NULL,0,200,0,MODE_EMA,PRICE_CLOSE,2);
double MA800b= iMA(NULL,0,800,0,MODE_EMA,PRICE_CLOSE,2);
double ASC2a=iCustom(NULL, 0,"Indic1", RSI_Period,RSI_Price,Volatility_Band,RSI_Price_Line,RSI_Price_Type,Trade_Signal_Line,Trade_Signal_Type, CrossDown,i);
double ASC1a=iCustom(NULL, 0,"Indic1", RSI_Period,RSI_Price,Volatility_Band,RSI_Price_Line,RSI_Price_Type,Trade_Signal_Line,Trade_Signal_Type, CrossUp,i);
bool NoSELL= Low[1]<=MA800a || Low[2]<=MA800b;
bool NoBUY= High[1]>=MA800a || High[2]>=MA800b;
    int    res;
   double lots,Lots;
   double SL;
   double TP;
   double _sl,_tp;
   
   //TIME FILTER
   string TradeStartTime = "01:05";
   string TradeStopTime = "23:00";
   //END TIME FILTER
   

//--- go trading only for first tiks of new bar
   if(Volume[0]>1) return;
//--- SELL 
   if(TimeCurrent()>StrToTime(TradeStartTime) && TimeCurrent()<StrToTime(TradeStopTime)
     && !NoSELL && (ASC2a>0 && ASC2a!=EMPTY_VALUE && BearishCandle && ((MA13a<MA50a && MA13b<MA50b && MA13c<MA50c && MA13d<MA50d && MA13e<MA50e) || (MA13a>MA50a && MA13b>MA50b && MA13c>MA50c && MA13d>MA50d && MA13e>MA50e))))   
    {
            _sl=stoploss;
            _tp=takeprofit;
      //END HAMMER
      
      double StopLoss=_sl*Point;
      double TakeProfit=_tp*Point;
        
   if (_sl == 0) {SL = 0;} else{SL = Bid + _sl*Point;}
   if (_sl == 0){ TP = 0;} else{TP = Bid - _tp*Point;}
      Lots=(((AccountBalance() * MaximumRisk / 100) / (StopLoss)));
      lots=Lots;
      res=OrderSend(Symbol(),OP_SELL,NormalizeLots(lots,Symbol()),Bid,3,SL,TP,EA_Comment,MAGICMA1,0,Red);
      return;
     }
      //--- BUY
   if(TimeCurrent()>StrToTime(TradeStartTime) && TimeCurrent()<StrToTime(TradeStopTime)
     && !NoBUY && (ASC1a>0 && ASC1a!=EMPTY_VALUE && BullishCandle && ((MA13a<MA50a && MA13b<MA50b && MA13c<MA50c && MA13d<MA50d && MA13e<MA50e) || (MA13a>MA50a && MA13b>MA50b && MA13c>MA50c && MA13d>MA50d && MA13e>MA50e))))
     {
            _sl=stoploss;
            _tp=takeprofit;
      
       StopLoss=_sl*Point;
       TakeProfit=_tp*Point;
   if (_sl == 0){ SL = 0;} else{SL = Ask - _sl*Point;}
   if (_sl == 0){ TP = 0;} else{TP = Ask + _tp*Point;}
      Lots=(((AccountBalance() * MaximumRisk / 100) / (StopLoss)));
      lots=Lots;
      res=OrderSend(Symbol(),OP_BUY,NormalizeLots(lots,Symbol()),Ask,3,SL,TP,EA_Comment,MAGICMA1,0,Blue);
      return;
     }}
//---
  }

void Martingal()
{
   double lots;
   if(OrderType() == OP_SELL){
            if (OrdersTotal() == 1 && AccountEquity() < AccountBalance()-(AccountBalance() * 0.01))
            { 
               int s1 = OrderSend(_Symbol,OP_SELL,NormalizeLots(lots,Symbol())*3,Bid,0,0,0,0,0,0,clrIndigo);
            }
               
            if (OrdersTotal() == 2 && AccountEquity() < AccountBalance()-(AccountBalance() * 0.02))
            { 
               int s2 = OrderSend(_Symbol,OP_SELL,NormalizeLots(lots,Symbol())*4,Bid,0,0,0,0,0,0,clrIndigo);
            }
                  
            if (OrdersTotal() == 3 && AccountEquity() < AccountBalance()-(AccountBalance() * 0.03))
            { 
               int s3 = OrderSend(_Symbol,OP_SELL,NormalizeLots(lots,Symbol())*5,Bid,0,0,0,0,0,0,clrIndigo);
            }
                  
            if (OrdersTotal() == 0 && Bid - Low[0] > 800 *_Point)
            { 
               int s4 = OrderSend(_Symbol,OP_SELL,NormalizeLots(lots,Symbol())*20,Bid,0,0,0,0,0,0,clrIndigo);
            }     
            }
   if(OrderType() == OP_BUY){
            if (OrdersTotal() == 1 && AccountEquity() < AccountBalance()-(AccountBalance() * 0.01))
            { 
               int b1 = OrderSend(_Symbol,OP_BUY,NormalizeLots(lots,Symbol())*3,Bid,0,0,0,0,0,0,clrIndigo);
            }
               
            if (OrdersTotal() == 2 && AccountEquity() < AccountBalance()-(AccountBalance() * 0.02))
            { 
               int b2 = OrderSend(_Symbol,OP_BUY,NormalizeLots(lots,Symbol())*4,Bid,0,0,0,0,0,0,clrIndigo);
            }
                  
            if (OrdersTotal() == 3 && AccountEquity() < AccountBalance()-(AccountBalance() * 0.03))
            { 
               int b3 = OrderSend(_Symbol,OP_BUY,NormalizeLots(lots,Symbol())*5,Bid,0,0,0,0,0,0,clrIndigo);
            }
                  
            if (OrdersTotal() == 0 && Bid - Low[0] > 800 *_Point)
            { 
               int b4 = OrderSend(_Symbol,OP_BUY,NormalizeLots(lots,Symbol())*20,Bid,0,0,0,0,0,0,clrIndigo);
            }     
            }


   
   if(OrdersTotal() == 2 && AccountEquity() > AccountBalance() * 1.1)
   {
      CloseTrades();
   }
   
   if(OrdersTotal() == 3 && AccountEquity() > AccountBalance() * 1.3)
   {
      CloseTrades();
   }
   
   if(OrdersTotal() == 4 && AccountEquity() > AccountBalance() * 1.6)
   {
      CloseTrades();
   }
      
   if(OrdersTotal() == 5 && AccountEquity() > AccountBalance() * 1.8)
   {
      CloseTrades();
   }   
}  

void CloseTrades()
{
   for(int i = OrdersTotal()-1; i >= 0 ; i--)
   {
      if(OrderSelect(i,SELECT_BY_POS)==True)
      {
         bool result = OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),0,clrRed);
      }
   }
}

William Roeder 2021.08.10 14:29 #1

Tolotra Ny: I want to learn and add a martingal

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)
THIS Trading Strategy is a LIE... I took 100,000 TRADES with the Martingale Strategy - YouTube

MQL4/MQL5 Wizard Working with Python - How to Rent a

Tolotra Ny 2021.08.10 15:00 #2

William Roeder:

Why it won't work:
Calculate Loss from Lot Pips - MQL5 programming forum (2017.07.11)
THIS Trading Strategy is a LIE... I took 100,000 TRADES with the Martingale Strategy - YouTube

I just want to learn to code it sir :-)

I willl check the link you sent

Tolotra Ny 2021.08.10 15:03 #3

William Roeder:

Why it won't work:
Calculate Loss from Lot Pips - MQL5 programming forum (2017.07.11)
THIS Trading Strategy is a LIE... I took 100,000 TRADES with the Martingale Strategy - YouTube

My problem is how to calculate the value of the TP when it moves(after taking a recovering lot)

karp wak 2021.08.10 20:21 #4

Tolotra Ny:

I just want to learn to code it sir :-)

I willl check the link you sent

Don't waste your time with that ... it's not a strategy ... it's a casino

Meztiza Ako 2021.08.11 02:59 #5

Tolotra Ny:

I want to learn and add a martingal with my code but it's not working well

The first TP should move(but not close trade at especific value as my code now),

The lot exponent should be fixed(eg:1.4)

Add more position every Pipstep

My code and the function I used

Have you heard about Threshold Martingale? I've got a code from one of the ebooks in a thread here... https://www.mql5.com/en/forum/212643. It works fine with me.

Another type of Martingale is called Tie-down Method. I don't know yet where to look for it. In case you find one please let me know.

Something Interesting to Read

2020.04.09
www.mql5.com

This is the thread about books related for stocks, forex, financial market and economics...

Market App Store MetaTrader Market - the Accounts - MetaTrader 5

Tolotra Ny 2021.08.12 17:30 #6

Meztiza Ako:

Have you heard about Threshold Martingale? I've got a code from one of the ebooks in a thread here... https://www.mql5.com/en/forum/212643. It works fine with me.

Another type of Martingale is called Tie-down Method. I don't know yet where to look for it. In case you find one please let me know.

Thanks so much, it's fixed(I got the code from spiderEA)

karp wak:

Don't waste your time with that ... it's not a strategy ... it's a casino

Yes sir, I just want to learn all about mql4 code :-)

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