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Martingales; Good, Bad, or just Misunderstood.

Professor53
May 27 2015 at 22:00
795 posts
Im working on a negative correlation setup with EAs and Im using martigales to help me with the out of cycle swing that occurs several times a day. Its a type of negative correlation grid/martingle with a third type of software ( EA) that takes the profit on the balance. You can follow my chart for a few days as I live demo test it. Demo might last a few weeks. Im always tinking and renewing new charts. Im always pushing these to hard and they blow the demo accounts often.

Click on my Name to see My Live Charts and Bio.
ichiban
May 28 2015 at 07:08
15 posts
ForexAssistant posted:
ichiban posted:
Dont use martingale in forex.


Why?


Forex is very volitile And martingale is good only in ranging market.

Bob LLewellyn (ForexAssistant)
May 28 2015 at 10:15
465 posts
ichiban posted:
Forex is very volitile And martingale is good only in ranging market.


Martingales don't choose the direction, only the size. The direction is still up to the trader. So if the market is trending up, you do a buy. Volatility has nothing to do with it either. Your statement is still unsubstantiated and its beginning to sound like you really don't know martingale systems very well. Maybe read a little more.

where research touches lives.
ichiban
May 28 2015 at 10:33
15 posts
ForexAssistant posted:
ichiban posted:
Forex is very volitile And martingale is good only in ranging market.


Martingales don't choose the direction, only the size. The direction is still up to the trader. So if the market is trending up, you do a buy. Volatility has nothing to do with it either. Your statement is still unsubstantiated and its beginning to sound like you really don't know martingale systems very well. Maybe read a little more.

Base on what I read in previous post I refer to averaging down not martingale. Sorry for confusion. I learn the diff of averaging n martingale. Thank you.

japanfxtrader (japanfxtrader)
May 28 2015 at 11:47
7 posts
Hi

Just to share two of my martingale accounts here. Right now still on demo test.

https://www.myfxbook.com/members/japanfxtrader/eurgbp/1218648

https://www.myfxbook.com/members/japanfxtrader/eurjpy/1236631

Feel free to go through.

Happy Trading!

japanfxtrader (japanfxtrader)
May 28 2015 at 11:48
7 posts
ichiban posted:
ForexAssistant posted:
ichiban posted:
Dont use martingale in forex.


Why?


Forex is very volitile And martingale is good only in ranging market.


It is good if trading small lots, big account and in direction of trend.

James Smith (james2015)
Jun 07 2015 at 16:03
46 posts
i deeply tested martingale system & i find it profitable at the balance of 20k with starting lot size 0.01 & TP 4 to 5 pips

“The past can't hurt you anymore, not unless you let it.”
M.H.O. ProFXManager (MHO_ProFXManager)
Jun 08 2015 at 07:11
31 posts
yes martingale is an option to recover, when a trade goes wrong:
-open martingale
-hedged martingale
-async hedged martingale

Professor53
Jun 08 2015 at 07:47
795 posts
I'm using a martingale scalper and changed it to grid also. Your welcome to follow it until I reset it. My Home built EA, It a smart EA, but it can get into trouble, just hasn't yet. I m using a third EA for managing the wins and losses.


Attachments:


Click on my Name to see My Live Charts and Bio.
crux
Sep 15 2015 at 20:14
38 posts
Professor53 posted:
yep.. Im a martingale and grid trader..... I have a few demos running, but nothing real yet.


Tight tuned REAL grid with recovery:

https://www.myfxbook.com/members/crux/bl-1/1096711

signals:

https://www.mql5.com/ru/signals/82464
https://www.signalstart.com/analysis/good-profit-low-dd/1553

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