Biedrs kopš Apr 21, 2010 28 ieraksti
Oct 19 2010 at 07:43
may I ask you what kind of martingale is this? I cannot understand the progression, it seems chenging every time.
I'm also using a martingale in my live account, and I would like to ask you if we can share information about our ea.
Yours seems wonderful. Did you test it on a live account?
Biedrs kopš Aug 29, 2009 6 ieraksti
Maurizio Colarossi (warnsoft)
Oct 19 2010 at 17:53
(labots Oct 19 2010 at 17:55 )
It is not exactly martiangle, it is more an accumulation/distribution ea, i've putted some function to let trades become higher as price become more overbought/oversold, but it don't follow a martiangle algorithm like 1-2-4-8 etc.. it follow a normal sequence like 1-2-3-4-5, much more less riskious. In this version there is also a strange algo to understand where and when it's the case to higher the lotsize even more without affect the risk too much, but both the increasing sequence and the points where trades are placed are dictated from the market conditions and not from a static martiangle algo.
Atm i'm working on new versions of the ea that will remove definitively any high lots increments, letting the risk go very low, but it's all still on testing, i'm testing this ea also on a live acct (gbpusd and eurusd), results are fantastic but the floating losses sometime become a little bit high (20-30%), however the risk of burn is almost 0. On the new versions everything will be much powerful, they just require many hours of coding because the logic behind it is a little bit complicated.
As you may notice the lot increasing function become lower and lower as the REV progress, and the number of pips won become higher and higher, my target is to achieve tons of pips with almost 0 increasing function, and we're getting near such result hopefully.
I will let you informed whenever i come to a good 100% sure and stable solution, in the meantime you can give a look at the account ea-demo-test on my myfxbook portfolio, it is an account where the first version of ea is running (eurusd gbpusd and chfjpy, rev A). tnx :)
Trading is good!