So far I agree with you although I don't rely on backtest.😎
What I've seen so far is this EA has potential for a steady winner but only if used the right way. By right way I mean at least 1:500 leverage, much larger account and 0.01 start lot. That way it could have nice regular pofit of 8-9%/month. Right now it has twice entered 7-th cycle of martingale which is quite bad and in order to use it safely we should be prepared for 14 cycles(80 lots trade😲). But then it makes no sense anymore because we're talking of at least 25-30k account and as far as I know there are few persons who would use martingale based EA on 25k account.
The present forward test is not realistic at all. 90% monthly profit is nice but not if 1-2 more cycles would lead you to a margin call.

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

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tasukigap

Membro Desde Oct 04, 2010 87 postagens

Nov 18, 2010 at 15:57

Membro Desde Oct 04, 2010 87 postagens

forexma posted:

ForexPro posted:
So far no backtest?😉

So far I agree with you although I don't rely on backtest.😎
What I've seen so far is this EA has potential for a steady winner but only if used the right way. By right way I mean at least 1:500 leverage, much larger account and 0.01 start lot. That way it could have nice regular pofit of 8-9%/month. Right now it has twice entered 7-th cycle of martingale which is quite bad and in order to use it safely we should be prepared for 14 cycles(80 lots trade😲). But then it makes no sense anymore because we're talking of at least 25-30k account and as far as I know there are few persons who would use martingale based EA on 25k account.
The present forward test is not realistic at all. 90% monthly profit is nice but not if 1-2 more cycles would lead you to a margin call.

i use leverage 1:100

thanks

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junglist00

Membro Desde Jan 27, 2010 38 postagens

Nov 18, 2010 at 16:15

Membro Desde Jan 27, 2010 38 postagens

forexma posted:

ForexPro posted:
So far no backtest?😉

So far I agree with you although I don't rely on backtest.😎
What I've seen so far is this EA has potential for a steady winner but only if used the right way. By right way I mean at least 1:500 leverage, much larger account and 0.01 start lot. That way it could have nice regular pofit of 8-9%/month. Right now it has twice entered 7-th cycle of martingale which is quite bad and in order to use it safely we should be prepared for 14 cycles(80 lots trade😲). But then it makes no sense anymore because we're talking of at least 25-30k account and as far as I know there are few persons who would use martingale based EA on 25k account.
The present forward test is not realistic at all. 90% monthly profit is nice but not if 1-2 more cycles would lead you to a margin call.

The alternative is , withdraw value of initial principal everytime account doubles.

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forexma

Membro Desde Feb 16, 2010 1332 postagens

Nov 18, 2010 at 16:17

Membro Desde Feb 16, 2010 1332 postagens

tasukigap posted:

forexma posted:

ForexPro posted:
    So far no backtest?😉

So far I agree with you although I don't rely on backtest.😎
What I've seen so far is this EA has potential for a steady winner but only if used the right way. By right way I mean at least 1:500 leverage, much larger account and 0.01 start lot. That way it could have nice regular pofit of 8-9%/month. Right now it has twice entered 7-th cycle of martingale which is quite bad and in order to use it safely we should be prepared for 14 cycles(80 lots trade😲). But then it makes no sense anymore because we're talking of at least 25-30k account and as far as I know there are few persons who would use martingale based EA on 25k account.
The present forward test is not realistic at all. 90% monthly profit is nice but not if 1-2 more cycles would lead you to a margin call.

i use leverage 1:100

thanks

I'm very curious how can you open 6.4 lots trade on 4k account with 1:100 everage. Please explain.

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

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pc8multifx

Membro Desde Sep 04, 2009 879 postagens

Nov 18, 2010 at 16:28

Membro Desde Sep 04, 2009 879 postagens

forexma posted:

ForexPro posted:
So far no backtest?😉

So far I agree with you although I don't rely on backtest.😎
What I've seen so far is this EA has potential for a steady winner but only if used the right way. By right way I mean at least 1:500 leverage, much larger account and 0.01 start lot. That way it could have nice regular pofit of 8-9%/month. Right now it has twice entered 7-th cycle of martingale which is quite bad and in order to use it safely we should be prepared for 14 cycles(80 lots trade😲). But then it makes no sense anymore because we're talking of at least 25-30k account and as far as I know there are few persons who would use martingale based EA on 25k account.
The present forward test is not realistic at all. 90% monthly profit is nice but not if 1-2 more cycles would lead you to a margin call.

There is NO way around to make the 10y. backtest, especially when it comes to trade real money with a marty EA. When the system goes well on it, double or triple your initial capital and you will be safer than w/o backtest.

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tasukigap

Membro Desde Oct 04, 2010 87 postagens

Nov 18, 2010 at 16:37

Membro Desde Oct 04, 2010 87 postagens

forexma posted:

tasukigap posted:

forexma posted:

ForexPro posted:
    So far no backtest?😉

So far I agree with you although I don't rely on backtest.😎
What I've seen so far is this EA has potential for a steady winner but only if used the right way. By right way I mean at least 1:500 leverage, much larger account and 0.01 start lot. That way it could have nice regular pofit of 8-9%/month. Right now it has twice entered 7-th cycle of martingale which is quite bad and in order to use it safely we should be prepared for 14 cycles(80 lots trade😲). But then it makes no sense anymore because we're talking of at least 25-30k account and as far as I know there are few persons who would use martingale based EA on 25k account.
The present forward test is not realistic at all. 90% monthly profit is nice but not if 1-2 more cycles would lead you to a margin call.

i use leverage 1:100

thanks

I'm very curious how can you open 6.4 lots trade on 4k account with 1:100 everage. Please explain.

the open position is in hedg one

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forexma

Membro Desde Feb 16, 2010 1332 postagens

Nov 18, 2010 at 16:50

Membro Desde Feb 16, 2010 1332 postagens

tasukigap posted:
the open position is in hedg one

Maybe my calculations are wrong for which I want to apologise. My problem is I've never used similar hedging technology so I don't know how exactly the broker calculates the free margin.

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

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temitope123

Membro Desde Jul 21, 2010 106 postagens

Nov 18, 2010 at 23:17

Membro Desde Jul 21, 2010 106 postagens

fairfun posted:
hi,what's the difference between the ea on https://www.myfxbook.com/members/tasukigap/tasukigap-strt1/63147 and on https://www.myfxbook.com/members/tasukigap/tasukigap-ea/53898?

the new account seems more safe.

yea, the new accounts looks safer. the same EA but traded in different time period(sections)

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