Need help (yeoeleven or davike20 or who want to help) for a martingale system - page 3

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I guess Blessing Martingale Ea is the closest EA of what i wanted

Hello,

As i said there : https://www.mql5.com/en/forum/176083/page14 , i am beguining trading live with this EA with micro lot and on a hard pair, GBPJPY.

Wish me some luck please

 
Cijas:
Hello,

As i said there : https://www.mql5.com/en/forum/176083/page14 , i am beguining trading live with this EA with micro lot and on a hard pair, GBPJPY.

Wish me some luck please

Well, hedging is definitely not my style, if I do that I'll gone berserk seeing the floating loss. Anyway, I'm here to wish you luck. Good luck buddy.

Regards,

David

 

Thanks !

Thanks David.

I am only wondering if i will add also the close_after_account_profit_reached EA.

I will see.

 

Hi all i guess i have the system i wanted !

Look at this post (and the entire post of course) i think i have the kind of systems i wanted !

https://www.mql5.com/en/forum/176083/page21

 

Bottom Line

I have done what you are doing and it does not work. It's the spread that will get you. You assume that when one trade loses the other wins. No. The spread will often prevent the opposing trade from reaching profit and you will have double losses that will eat you up. BUT: here's the point that counts: ANY Martingale will eventually WIPE OUT your account, period. It's just a matter of time. ANY negative progression will wipe out your account. Believe it or not, it's fact. No matter what you try (stop trading at a certain drawdown, or after so many losses, stc.) the Martingale will eventually win (you lose). Please stop now and look for a different trading approach.

 
WNW:
BUT: here's the point that counts: ANY Martingale will eventually WIPE OUT your account, period. It's just a matter of time. ANY negative progression will wipe out your account. Believe it or not, it's fact. No matter what you try (stop trading at a certain drawdown, or after so many losses, stc.) the Martingale will eventually win (you lose). Please stop now and look for a different trading approach.

Not to flame or incite, but I'm afraid that you're quite wrong and ill-informed about this subject. Built correctly with the proper safeguards, a Martingale based trading system, with either counter or pro-trend progressions, can be a beautiful and terribly profitable thing.

 

oh well... it rises from the hell

Regards

David

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Cijas:
Hello,

As i said there : https://www.mql5.com/en/forum/176083/page14 , i am beguining trading live with this EA with micro lot and on a hard pair, GBPJPY.

Wish me some luck please

Je suis en train de tester en demo, et c'est tres interessant.

La seule question : comment descendre du train avant explosion?

I'm demo testing and result is very interesting.

Only question : how get out from the train before explosion ?

Thanks to all for your helping posts.

 
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