Hedging Martingale. - page 9

[[Deleted]]

artemiusgreat:
I want an example of when it might be late :)

Well, if a significant number of orders have opened against the trend and only then open a locking order, it may be too late.

My MT4 indicator is not reflected.

[Roman Shiredchenko]

Edic:
Mattingale can only be evil*stupid, but in no way hedging.

:-)

Your knowledgeable criticism is already perceptible in every thread of this resource... Everywhere you go, you're all over the place!

Amazing activity for Belarus-Israel... if memory serves... :-)

If you don't like cats, you just don't know how to cook them! There are a lot of examples of curly ropes and if you don't like some of them, learn and be jealous in silence. IMHO. Your posts are past the subject matter of the branch(s)... Passing by... (trying to).

[Maxim Romanov]

artemiusgreat:

it's not just the word "lock", but also ... Oh, my God... martingale, the conservatives are shocked :)

What is your opinion about losing lots?

I know how to reduce drawdowns, Edutak showed me how to increase my profit with them, maybe they have some other hidden features, but I do not know :)

Edutak, Sniper, of course, is not a bad TS, but it's not really what I had in mind, I suggested using lots in a slightly different way, as for the sniper, it has pros and cons.

Pros :

• allows you to set the profit/risk ratio in a very attractive way, but only under certain circumstances, on the downsides I will explain
• it is true that there is a risk only with the first entry
• after watching the video, I finally understood what Alexander (NeColla) was talking about, that on a trade you can have a 1/31 profit ratio, once again I will direct you to the Alpari thread "Grail found"

Cons :

• although there is risk only in the first trade, but it is there, so you need a VERY good indicator for the signal, NOT any
• to increase the profit, you need 2 conditions, the pair has to be in the channel sometimes, but it has to run up and down very fast, so the choice of trades is limited, for example GBPJPY
• it would be hard to formalize conditions for lots, because it is necessary to know exactly where the price will change (the second and third entries on the video), I don't know if there are such indicators
• with MT5 locks can be implemented only on RoboFX (I think) and only on the MT5 PRO account, I don't know if it is NDD or not, because there is an MT5 ECN account, that has no locking pairs, and you can only open 3 positions with one symbol, in fact, in the video there are three open positions, so this point can be bypassed
  
• i may even help with the calculation of levels for scaling in, if i have time and inspiration, but i still need a reliable indicator for reversals.
  

If you start writing a trading robot, try the usual averaging first :

- opens on indicator signal, no stops or takeovers

- At a signal or at certain levels the entry will be added to the initial position

Robot, of course, will have good profit, but SLIVE, just take it as a template for future EA, to which any indicator and strategy can be attached, including sniper.

And some useful phrases from Alexander :)

http://forexsystems.ru/ruchnye-torgovye-strategii-i-taktiki/68109-nauchite-razvodit%60-loki.html

http://ruforum.mt5.com/threads/844-arhiv-lokirovanie-lok-za-i-protiv?p=6101855

Wanted to find another useful post, but there are about 300 pages, too lazy to look ... I gave you a link earlier on FS "Steam Trading Discussion".

I have a different approach to trading. I don't use lots of them, i used martingale before, i got stability from it. I've been using tester since 2000 and I've never lost, my only profit is 10% p.a. I've never managed to make more. And it was a complicated algorithm.

[[Deleted]]

edutak:

Well, if a significant number of orders have opened against the trend and only then open a locking order, it may be too late.

My MT4 indicator is not reflected.

The indicator I downloaded is for MT5

I took this one for MT4 as a base - https://www.mql5.com/en/code/8319 I substituted fractals for horizontal levels to be more obvious

Leading question: why should I open many orders against the trend?

[[Deleted]]

artemiusgreat:

The indicator I downloaded is for MT5

I took this one for MT4 - https://www.mql5.com/en/code/8319, I just changed the fractals to horizontal levels to make it more obvious

Leading question: why should I open many orders against the trend?

Sorry, I got it wrong.

[[Deleted]]

artemiusgreat:

The indicator I downloaded is for MT5

It is based on this one for MT4 - https://www.mql5.com/en/code/8319 I substituted fractals for horizontal levels to make it more obvious

Leading question : why open many orders against the trend ?

Thanks, it's a good indicator.

Could you tell us how you would perform a deal entrance on this indicator? If possible, in detail and simply.

Tomorrow I will try to enter the trade, manually, using this indicator.

[[Deleted]]

Let us cool down the skeptics :)

1. Backtest for 4 years on ticks, profit near 100%, equity drawdown - 15%, fixed lot 0.01, any symbol, any indicator - http://snag.gy/gmgrw.jpg

2. 4 year backtest on minibars, profit near 150%, drawdown less than 1%, fixed lot 0.01, any symbol, any indicator - http://snag.gy/TKEWP.jpg

I would get rid of the drawdown, but I can't find a suitable DC for MT5 yet.

Edutak :

If I want to know how to use this indicator for entering I should first put it on the chart and see how it draws lines, and I haven't touched MT4 for more than a year :)

But, looking in the code, I see that there are 6 indicator buffers, 2 for drawing lines, 2 - for resistance and support, 2 - for breakdowns up or down, unfortunately both breakdowns and supports are marked with one colour, the indicator needs improvement, it would be more informative ... I think, if it draws breakdowns, then it should open at the end of series of breakdown points, probably :)

If i know what is shown on the picture, using TS Snipper, we might guess the beginning of the series in such places, although of course we should first put it on the chart and see on the history how much further the spread is and how well we guess the end of the trend, and of course, do not use TF below H1, preferably even D1 :)

http://snag.gy/22MWl.jpg

P.S. And why should I suggest any entries, who started the thread?

[transcendreamer]

223231:
I have a different approach to trading. I don't see the point in lots, I've done martingale before, I got stability from it. I've been using tester for any pair since 2000 and I've never lost profit, only 10% profit per year, no more, I've never managed to achieve stability. And it was a complicated algorithm.

this is usually the case with martingale

the efficiency is extremely low.

[[Deleted]]

artemiusgreat:

Let us cool down the skeptics :)

1. Backtest for 4 years on ticks, profit near 100%, equity drawdown - 15%, fixed lot 0.01, any symbol, any indicator - http://snag.gy/gmgrw.jpg

2. 4 year backtest on minibars, profit near 150%, drawdown less than 1%, fixed lot 0.01, any symbol, any indicator - http://snag.gy/TKEWP.jpg

I would get rid of the drawdown, but I can't find a suitable DC for MT5 yet.

Edutak :

If I want to know how to use this indicator for entering I should first put it on the chart and see how it draws lines, and I haven't touched MT4 for more than a year :)

But, looking in the code, I see that there are 6 indicator buffers, 2 for drawing lines, 2 - for resistance and support, 2 - for breakdowns up or down, unfortunately both breakdowns and supports are marked with one colour, the indicator needs improvement, it would be more informative ... I think, if it draws breakdowns, then it should open at the end of series of breakdown points, probably :)

If i know what is shown on the picture, using TS Snipper, we might guess the beginning of the series in such places, although of course we should first put it on the chart and see on the history how much further the spread is and how well we guess the end of the trend, and of course, do not use TF below H1, preferably even D1 :)

http://snag.gy/22MWl.jpg

P.S. And why should I suggest any entries, who started the thread?

I started it, but it wouldn't hurt to ask)

[[Deleted]]

All the same, according to TS Sniper, the main entry is made on M5, with an eye on H1. The main thing is the first two entry points, and if you strictly follow the rule, it is very difficult to make a mistake. There are only a few entry options, and they are repeated every time, just like on the history (if you look at M5).

I think your indicator is very suitable for this system. We will see.