Expert Advisor SecureProfit (by iticsoftware) Quick Stats
The user has deleted this system.
Rating: Full Star Full Star Full Star Empty Star Empty Star
Expert Advisor SecureProfit Discussion
Previous 1 2 3 4 5 Next
jsantos3

Member Since Nov 12, 2009  189 posts jsantos3 Feb 25 2011 at 03:03
Martingale always makes a lot of money until something goes wrong. In what ways is this ea different (and better) than other martingale ea's? Thanks

iticsoftware

Member Since May 06, 2010  63 posts Borys Fesenko (iticsoftware) Feb 25 2011 at 12:19 (edited Feb 25 2011 at 12:21 )
Any EA makes a lot of money until something goes wrong.
We suggest to monitor the test and make your opinion.

BJF Trading Group
groundwork

Member Since Feb 11, 2011  3 posts groundwork Feb 25 2011 at 16:04
martin is flagitious...unless you create your own ea decide which indicator to use to open trading options ; not for poblic consumptions...

forexma

Member Since Feb 16, 2010  1332 posts SOLAR (forexma) Feb 25 2011 at 16:23
One who dares to let Mr Martin trade a $10k account should be very sure it's safe enough. I will follow this account closely, an interesting one. Martingale could be a powerful tool if used wisely.

"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
iticsoftware

Member Since May 06, 2010  63 posts Borys Fesenko (iticsoftware) Feb 25 2011 at 16:34
What is classic Martingale betting system? The strategy had the gambler double his bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake.
This approash is not actual with SecureProfit because we do not double trades after every loss.

BJF Trading Group
speki

Member Since Nov 18, 2009  735 posts speki Feb 25 2011 at 16:58
Slow motion car crash - that's what Martingale is - and the investors - the crash test dummies ... mmm mmm mmm ....

let's hope this one's different.



forexma posted:
    One who dares to let Mr Martin trade a $10k account should be very sure it's safe enough. I will follow this account closely, an interesting one. Martingale could be a powerful tool if used wisely.

Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
iticsoftware

Member Since May 06, 2010  63 posts Borys Fesenko (iticsoftware) Feb 25 2011 at 19:33
smiley

BJF Trading Group
iticsoftware

Member Since May 06, 2010  63 posts Borys Fesenko (iticsoftware) Feb 25 2011 at 20:47 (edited Feb 25 2011 at 20:48 )
SecureProfit opens a set of orders at different levels:

extern string _tmp2_ = ' --- Lots ---';
extern double Lot1 = 0.01;
extern double Lot2 = 0.01;
extern double Lot3 = 0.02;
extern double Lot4 = 0.03;
extern double Lot5 = 0.05;
extern double Lot6 = 0.08;
extern double Lot7 = 0.1;
extern double Lot8 = 0.13;
extern double Lot9 = 0.17;
extern double Lot10 = 0.2;
extern double Lot11 = 0.23;
extern double Lot12 = 0.27;
extern double Lot13 = 0.3;
extern double Lot14 = 0.5;
extern double Lot15 = 0.7;

extern string _tmp3_ = ' --- Orders distance ---';
extern int OrderDist2 = 30;
extern int OrderDist3 = 30;
extern int OrderDist4 = 30;
extern int OrderDist5 = 30;
extern int OrderDist6 = 30;
extern int OrderDist7 = 40;
extern int OrderDist8 = 40;
extern int OrderDist9 = 40;
extern int OrderDist10 = 40;
extern int OrderDist11 = 40;
extern int OrderDist12 = 50;
extern int OrderDist13 = 50;
extern int OrderDist14 = 50;
extern int OrderDist15 = 50;

This is not pure Martingale. This is the expert with complex MM and adding to a position at different levels.
Open of the first position based on MAs direction and daily candle analize.
We make profit on
a) Market trend to direction of first order
b) Market rollback after counter-trend

Hedge options can be used.

//0 - never
//1 - always
//2 - if short series is not started
//3 - if short series is started
extern int StartL 2;

//0 - never
//1 - always
//2 - if long series is not started
//3 - if long series is started
extern int StartShortSeries = 2;

extern bool CloseL false;
extern bool CloseShorts false;

BJF Trading Group
iticsoftware

Member Since May 06, 2010  63 posts Borys Fesenko (iticsoftware) Feb 25 2011 at 20:50
SecureProfit has Global MM options:

extern string _tmp6_ = ' --- Global Profit ---';
extern bool GlobalSL. true;
extern double GlobalSL$ = 700.0;
extern bool GlobalTP. true;
extern double GlobalTP$ = 150.0;
extern double ExtraGlobalTP$ = 5.0;

BJF Trading Group
jsantos3

Member Since Nov 12, 2009  189 posts jsantos3 Mar 01 2011 at 11:36
Open trades was visible, but now locked.

Previous 1 2 3 4 5 Next
Tools Community Reviews Platform Company Support
Economic Calendar Community Brokers Features About FAQ
Forex Broker Spreads Systems Expert Advisors API Blog Help
Streaming Forex News Strategies Signal Providers Translations Twitter Contact Us
Community Outlook Contests VPS Services Mobile Facebook Report A Bug!
Widgets EA Programming        
RSS          

Site Map  |   Terms & Conditions  |   Privacy Policy
©2011 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
*GFT is a sponsor of myfxbook.com for advertisement purposes only. GFT does not endorse any other products, services, or companies represented on myfxbook.com. The views of myfxbook.com and all other parties contained therein are not necessarily those of GFT, and GFT makes no warranty as to the accuracy of information provided.