![MQL5 - Language of trade strategies built-in the MetaTrader 5 client terminal](https://c.mql5.com/i/registerlandings/logo-2.png)
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
If the multiplier is less than 2, the pip retrace distance needed to close with profit will be higher, so 2, still went into 10th progression in some occasions, try a forward demo test for few days and you'll see it all.
Seems like there's no free lunch. I noticed that my test with the 1.5
multiplier did far worse than the one with the 1.75 multiplier. At 1.75,
you can hit 24 lots at the 10th level, so it seems like a no-win proposition.
Rob
Strange lot behavior
I have two tests running: one with a 2.0 multiplier, and one with a
1.75 multiplier. What's strange is the max lot size for both tests is
1.00. According to my math, 1.00 lots doesn't fit into either progression.
It appears that the EA won't go beyond this number. Anyone else
seeing the same thing?
Rob
Oh well
I have two tests running: one with a 2.0 multiplier, and one with a
1.75 multiplier. What's strange is the max lot size for both tests is
1.00. According to my math, 1.00 lots doesn't fit into either progression.
It appears that the EA won't go beyond this number. Anyone else
seeing the same thing?
RobStupid me. I went into the code and found that MaxLots was
set to 1.
Rob
This V1V2 EA is a martingale method and would not be complete unless an anti-martingale process is incorporated into it on top of the hedging process (Sometimes,the V1 or V2 hedging comes in a little too late).
Saw this idea at ET forum which would make V1V2 a 'better' EA if someone can integrate/program the idea into the attached latest V1V2 EA I could find.
Idea: Traditional pyramiding on your initial position tells you to adds to your position in smaller and smaller increments. But look what happens when I add to a position in a Fibonacci sequence on the ES(or forex pair) every 20 points/pips along with a Stop placed at 20 points/pips below the last purchase:
Qty, Price, Avg, Stop, Profit
1, 1400, 1400, 1380, ($1,000)
1, 1420, 1410, 1400, ($1,000)
2, 1440, 1425, 1420, ($1,000)
3, 1460, 1440, 1440, 0
5, 1480, 1456 1460, $2,000
8, 1500, 1474 1480, $6,000
13, 1520, 1492 1500 $13,000
21, 1540, 1511 1520, $25,000
...
PS: leave the original V1V2 running as it is but activate the anti-martingale part only when V1V2 takes trades in the opposite direction of that currency pair movement after a calculated number of pips from starting position (e.g, the equivalent stop loss number of pips of the above idea, 20pips).
After that, if the currency direction suddenly reverses by say 20 pips, the anti-martingale part would close all its own positions leaving only the V1V2 positions to close up the cycle as it goes further in that direction. However, if it reverses direction again by 10pips, the anti-martingale part has to be re-activated again.
This is just one approach to anti-martingale. Maybe someone can think of other better ways to the anti-martingale module part of the V1V2.
sounds like a good idea, have you coded that idea into the EA you attached?
Ed
This V1V2 EA is a martingale method and would not be complete unless an anti-martingale process is incorporated into it on top of the hedging process (Sometimes,the V1 or V2 hedging comes in a little too late).
Saw this idea at ET forum which would make V1V2 a 'better' EA if someone can integrate/program the idea into the attached latest V1V2 EA I could find.
Idea: Traditional pyramiding on your initial position tells you to adds to your position in smaller and smaller increments. But look what happens when I add to a position in a Fibonacci sequence on the ES(or forex pair) every 20 points/pips along with a Stop placed at 20 points/pips below the last purchase:
Qty, Price, Avg, Stop, Profit
1, 1400, 1400, 1380, ($1,000)
1, 1420, 1410, 1400, ($1,000)
2, 1440, 1425, 1420, ($1,000)
3, 1460, 1440, 1440, 0
5, 1480, 1456 1460, $2,000
8, 1500, 1474 1480, $6,000
13, 1520, 1492 1500 $13,000
21, 1540, 1511 1520, $25,000
...
PS: leave the original V1V2 running as it is but activate the anti-martingale part only when V1V2 takes trades in the opposite direction of that currency pair movement after a calculated number of pips from starting position (e.g, the equivalent stop loss number of pips of the above idea, 20pips).
After that, if the currency direction suddenly reverses by say 20 pips, the anti-martingale part would close all its own positions leaving only the V1V2 positions to close up the cycle as it goes further in that direction. However, if it reverses direction again by 10pips, the anti-martingale part has to be re-activated again.
This is just one approach to anti-martingale. Maybe someone can think of other better ways to the anti-martingale module part of the V1V2.Hello all,
I have tested V1+V2-mini, people iam very confused about this EA, its working good but it handles different then other martingale systems like the lot size is maximum 1 lot.
in normal martingale it must be:
1st trade: 0,01 lots
2nd trade: 0,02 lots
3th trade: 0,04 lots
4th trade: 0,08 lots
5th trade: 0,16 lots
6th trade: 0,32 lots
7th trade: 0,64 lots
8th trade: 1,28 lots
9th trade: 2,56 lots
10th trade: 5,12 lots
and this v1+v2 do:
1st trade: 0,01 lots
2nd trade: 0,02 lots
3th trade: 0,04 lots
4th trade: 0,08 lots
5th trade: 0,16 lots
6th trade: 0,32 lots
7th trade: 0,64 lots
8th trade: 1,00 lots
9th trade: 1.00 lots
10th trade: 1.00 lots
THATS NOT GOOD
i want to ask someone if he can modify this ea that it open normal martingale, and it should always open 1 buy and 1 sell at anytime without indicators, and then going for martingale.
And the minimum Lot size must be editable in settings from the ea. And not use any Moneymanagement.
Would be big help for me THANKS.
I use the version from Post #8
https://www.mql5.com/en/forum/trading_systems
Regards
fxinthecitythis EA have a stop loss? i mean why ea not set when order no 1 go to order no 2, for example gap between order no 1 and no 2 is 30 pips, order no 1 must close and immediately order no 2 open position.
this will reduce your profit but also will reduce your margin used.
if have please attach the file and if still don't, try to make this. when i try manually, seem like this will make your account more longer hold than any hedge system.
correct me if i'm wrong.
Idea To Avoid Account Destruction
I'm not sure if this will work and obviously will need optimizing but i'll code it and test it on sunday and then post results on monday....
Everyone who knows about the martingale theory, understands that if your buying as the price falls, your relying on retracement to achieve profit. The only problem is, if the price continues to fall without a good enough retracement your account blows.
So let say the price is falling and V1V2 is buying, but the current price is -10pips under the lowest price within the last 12 hours, then the EA stops buying and enters the market short with the total amount of lots you have entered long...... e.g:
In the last 12 hours the lowest price was 1.3415
BUY 0.1 @ 1.3500
BUY 0.2 @ 1.3475
BUY 0.4 @ 1.3450
BUY 0.8 @ 1.3425
SELL 1.5 @ 1.3405 with STOP LOSS @ 25
So now we are hedged. So even if the price continues to fall, unlike before when our account would wipe out.....this method will secure equity safety and hold our money until the price hits the SL of the SELL and hopefully continues to rise and hopefully makes us a profit.
Just an idea, i'm going to test and optimize it then post it on here, hopefully this will let our accounts generate profit a little longer.
Thanks, Ed
Yes but if price does continue to decline after the sl of the sell was hit?
I dont think this is a good idea, this kind of trading can only lead to a dead account.
MaxLots
Hello all, I have tested V1+V2-mini, people iam very confused about this EA, its working good but it handles different then other martingale systems like the lot size is maximum 1 lot.
I had the same problem with V1+V2mini5%. I went into the code and
found that MaxLots was set at 1. Why, I don't know. I changed it to
10 and will be testing to see how it goes.
I think it's better to use a smaller multiplier than the standard Martingale
setting of 2. In my tests last week, I used a multiplier of 1.65 and, even
though it never traded more than 1 lot, it still banked $192 on a $5K
account. That's a 4%/week return with an EA that was crippled!
Rob
sounds like a good idea, have you coded that idea into the EA you attached? Ed
No, Could you or any programmers here do it? PM me if you have any queries.
The Anti-martingale Idea combined with V1V2martingale EA would form the perfect EA.