I want to improve my ea.not with indicator upgrade but with some tricks. - page 2

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vieri3225:
profitable ı can sell u the code:)
Reduce drawdown to 5% . . . show your code tested for 3 years on 8 pairs and be as profitable . . . and I would give you plenty of money for it.
 
RaptorUK:
Reduce drawdown to 5% . . . show your code tested for 3 years on 8 pairs and be as profitable . . . and I would give you plenty of money for it.

I will use it in real account.with initial deposit of 100 dollars.epecting x10.on agust will tell u about it.
 

here is martingale,seems ok.will try it.

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Jan 7, 2007 3:08am
Member
Member Since Dec 2006
Sorry. The numbers I just posted are incorrect. With a 10tp/10sl you are just breaking even when you double the lot sizes. You would have to either
A- Shrink the SL
B- Increase the TP
c- Increase the lot multiplier

Heres an illustration for us visual learners!
In this the SL is 10 but the TP is 20

Market @ 1.8130 buy 1 lot 20tp/10sl
market @ 1.8120 sell 2 lots 20tp/10sl
market @ 1.8130 buy 4 lots 20tp/10sl
market @ 1.8120 sell 8 lots 20tp/10sl
market @ 1.8130 buy 16 lots 20tp/10sl

Finally the market quits ranging
market moved 30 pips south.

market @ 1.8120 sell 32 lots 20tp/10sl
market @ 1.8100 close position

Order 1 10 pip SL * 1 lot -10
order 2 10 pip SL * 2 lots -20
order 3 10 pip SL * 4 lots -40
order 4 10 pip SL * 8 lots -80
order 5 10 pip SL * 16 lots -160
order 6 20 pip TP * 32 lots 640
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total 330 pips in six trades with only 30 pips of movement.
 

The $100 account you said you were going to try it on would have been wiped out long before it reached that 32 lot trade. You would need an account probably of around five thousand dollars to carry those initial loss trades and even though that time it stopped ranging after the 32 lot trade, many other times it would continue.

 
vieri3225:

here is martingale,seems ok.will try it.

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Member

Finally the market quits ranging
market moved 30 pips south.

When ?.

When it's quit ranging ?. Your SL is small, market keep ranging and hit every SLs over and over and never hit any TPs til you have nothing to open trade.

Looks beautiful on paper, get a life in real market.

Did money managers do that ?, No !

 
onewithzachy:

When ?.

In 2007 . . . http://www.forexfactory.com/showthread.php?p=178113#post178113
 
Well if he's been doing that for 5 years its no wonder we are 15 trillion dollars in the hole !! But then maybe if he just doubles up one more time .... :D
 
SDC:
Well if he's been doing that for 5 years its no wonder we are 15 trillion dollars in the hole !! But then maybe if he just doubles up one more time .... :D
LOL . . I think he just found a thread about Martigale at FF . .
 
vieri3225:

here is martingale,seems ok.will try it.

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You should read this post in the same thread . . . http://www.forexfactory.com/showthread.php?p=5169177#post5169177
  
//Should we open a position?
if ((TimeCurrent()>zaman + 4) &&OpenPos<=0   || (tip==1 && (OpenPos==1 && (OrderOpenPrice()-Bid)>35*Point)|| (OpenPos==2 && (OrderOpenPrice()-Bid)>70*Point) )|| (tip==2 && (OpenPos==1 && (Ask-OrderOpenPrice())>35*Point)|| (OpenPos==2 && (Ask-OrderOpenPrice())>70*Point))) {if(OpenPos==1){Ilo=Ilo*1.5;}if(OpenPos==2){Ilo=Ilo*2;}
no I mean,I will use it,not construct ea on martingale,its profitable strategy and I think efficent for 0,1-0.3 spread advantage.Will use it max 1,28 lots.then close.
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