Stochastic Martingale (July-Aug) (by ForexSeeker) Quick Stats
Gain: -98.84%
Drawdown: 99.13%
Pips: -1067.0
Trades: 385
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Automated

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Stochastic Martingale (July-Aug) Discussion
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S_Daniel

Member Since Jul 13, 2010  1 posts S_Daniel Jul 27 2010 at 13:49
Hy

What is this expert name?
Becuse it is fantastic!
:)

ForexSeeker

Member Since Apr 20, 2010  727 posts DoubleTrap (ForexSeeker) Jul 28 2010 at 01:28
The name is : Pro-Expert. (Not a commercial EA, probably rename few time from it's original name as I getting it from a group)

You can visit my journal in the link below about even more fantastic EA. Many name will be confidential as I'm giving it to subscriber memeber only in later services.

Information is Gold when come to organised. http://winterwongforex.com
ForexSeeker

Member Since Apr 20, 2010  727 posts DoubleTrap (ForexSeeker) Aug 03 2010 at 00:01 (edited Aug 03 2010 at 00:01 )
3 Aug'10 :

Checking this platform and found that the open trade no have TP.
Try to close it by it pop up error message 'No connection'
Restart platform, and automatic another trade open without TP. Close all trade manually.

The bug of this EA :
When you restart the EA, it will straight away open a trade with your started log size.
So better not restart the platform as it will add one trade and the martingale system will slightly effected.
Some times the trade will open without TP. Like a machine get glitch after too long time operating.

Over all, very good for scalping a trend that you guess correctly.


            

Information is Gold when come to organised. http://winterwongforex.com
ForexSeeker

Member Since Apr 20, 2010  727 posts DoubleTrap (ForexSeeker) Aug 10 2010 at 03:24 (edited Aug 10 2010 at 03:26 )
10 Aug'10 :

The greatest draw down with 7 martingale trade executed.
Is it so fast the trend going to switch ? Only last a month for uptrend ?

<a href='' target='_blank'><img src=''/></a>

Should I cut loss now or wait 64 pip of retracement to take profit ?

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Information is Gold when come to organised. http://winterwongforex.com
ForexSeeker

Member Since Apr 20, 2010  727 posts DoubleTrap (ForexSeeker) Aug 10 2010 at 07:18
<a href='' target='_blank'><img src=''/></a>

What is your decision will be ? To cut loss or wait another 35 pip to recover all to profit ?

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Information is Gold when come to organised. http://winterwongforex.com
ForexSeeker

Member Since Apr 20, 2010  727 posts DoubleTrap (ForexSeeker) Aug 10 2010 at 07:24
Or you have another different interpretation of Fibonacci Level.

<a href='' target='_blank'><img src=''/></a>
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Information is Gold when come to organised. http://winterwongforex.com
ForexSeeker

Member Since Apr 20, 2010  727 posts DoubleTrap (ForexSeeker) Aug 10 2010 at 14:13
The Max 7 martingale level has reach, and it unable open more as money not enough.

It was bad, the retracement is very weak, only touch 23.6, and continue drop.

So it come to the painful decision to take loses, and loses $407. And now manually betting it down.

<a href='' target='_blank'><img src=''/></a>

Attachments:

Information is Gold when come to organised. http://winterwongforex.com
pip2cash

Member Since Mar 04, 2010  378 posts SIM (pip2cash) Aug 10 2010 at 14:32 (edited Aug 10 2010 at 14:32 )
Hi,

You need to fine tune your MM.

SIM

Low risk consistent return! For More Information on Professional Managed Account Service, Kindly visit: http://www.forexmanagedaccounts-fxmac.com/ref/6566136
ForexSeeker

Member Since Apr 20, 2010  727 posts DoubleTrap (ForexSeeker) Aug 10 2010 at 18:46
Indeed, prediction and analysis always has a chance to fail.

<a href='' target='_blank'><img src=''/></a>

Shoot up 100 pips in a few second.
Attachments:

Information is Gold when come to organised. http://winterwongforex.com
DarkProdigy

Member Since May 18, 2010  45 posts DarkProdigy Aug 11 2010 at 01:46
The past 2-3 days was a really good test for Martingale EA and its money management and its need for enough capital to last a while.

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