Has anyone created a successful automated trading system? What is your advice? - page 42
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
Hello everyone
Make sure you've done everything as described here:
How to Subscribe to MT4/MT5 Signal
https://www.mql5.com/en/forum/189731 (MT4)
https://www.mql5.com/en/forum/336422 (MT5)
Trading has various levels.
1. Penny entry exits: Mostly heavy volume trader trades in this. They flow heavy volume of money, take their profits and exit.
2. Signal followers: These traders follow various indicator signals on variety charts, and try to take out profits.
3. Trend followers: These traders look for past trend breakouts, on higher frames. Higher frames generally have less fluctuations on any chart, and losses made can be turned to profits easily.
4. Price action: Marking any past price level, traders find breakouts and breakdowns in price.
Mainly business is about money volume and current price.
Crack the universal movement and Successful robot is ready.
Regards & best wishes
Manoj
I think you should have one rule in your strategy...
Even if it's buy low/sell high, those are 2 rules.😂
[Y]our idea and strategy must be simple and base on easiest and simple rules.
Now you're talking.😉 I agree. Follow the KISS principle and Murphy's Law.
Martingale & Anti-Martingale
These are 2 distinctly different types of strategies.
Martingale is a ticking time bomb based on refusal to accept a loss and increasing trade sizes.
Anti-Martingale is a tight stop with decreasing trade sizes only if all open trades are in floating profit─hence its name.
These are 2 distinctly different types of strategies.
Martingale is a ticking time bomb based on refusal to accept a loss and increasing trade sizes.
Anti-Martingale is a tight stop with decreasing trade sizes only if all open trades are in floating profit─hence its name.
The name Anti-Martingale is:
(i) genuinely misleading
(ii) not even a "strategy" to begin with.
Calling it a Strategy is the first mistake most people make.
Second mistake people make - they hear "anti" and assume it means
-- safe
-- risk-free
-- it's time to engage when DD is awful/starts building up.
It's NOT. It just means the opposite/different sizing logic. You can still blow accounts with Anti-Martingale just fine, only in a different way.
"Everything starts with getting the names right"
Confucius
The name Anti-Martingale is:
(i) genuinely misleading...
You seem to be discussing Reverse Martingale/Inverse Martingale─which is as simple as turning a sock inside out. The fact that some traders decided to name their Reverse Martingale/Inverse Martingale as Anti-Martingale does not change the meaning of the prefix, Anti. The case of that erroneous renaming is indeed misleading.
(ii) not even a "strategy" to begin with.
Agreed:
Forum on trading, automated trading systems and testing trading strategies
What are your favorite position sizing methods?
Ryan L Johnson, 2026.03.06 17:29
Frankly, nothing in this poll/thread is a strategy─these are merely position sizing methods.
Having said that, the infiltration of gambling into the industry of trading is very curious. Another example of this is the Kelly Criterion which originated in the gambling industry. The most flagrant infiltration is the U.S. Commodities and Futures Trading Commission's jurisdiction over "prediction markets." How something as "gambley" as predicting the amount of time that a political speech will last became a commodity, I will never understand. Similarly, a U.S. court of law declared that a Blackjack tournament was a game of skill instead of luck, thereby allowing the winner to avoid the prizes and awards tax.
We also must consider the gray areas such as a long-term positional trader who adds to her/his profitable position(s) during retracements. This is definitely not Martingaling nor gridding but certainly is pyramiding.
Second mistake people make - they hear "anti" and assume it means
-- safe
-- risk-free
-- it's time to engage when DD is awful/starts building up.
We all know what happens when people ass-u-me.
"They make an ass out of u and me." (Benny Hill)
Nothing in trading is safe nor risk-free... period.
In order to use Anti-Martingale lot sizing, a trader must have at least 6 digits of trading capital. This is due to the fact that, regardless of the specific reentry logic implemented, the trader's initial trade is the largest trade─10 standard lots or more. Even though a tight stop is implemented, price can and will go sideways for extended time periods─causing consecutive stop outs. Therefore, this lot sizing method can't even be applied to small accounts.
As in any trading strategy deployed, the initial entry logic must be sound. If the initial entry logic is rubbish, no lot sizing method will cure that.
In order to create a successful automated trading system, you need to first have a thorough logic of your overall strategy. Not only how to make profits, but also how to take profits and leave.
At the end of the day, it is all about being able to manage risk and a reasonable and solid strategy.