ahuruglica
(ahuruglica)

Member Since Jun 28, 2013
852 posts
Dec 05 2013 at 10:13

Martingale strategy really works when you know how to use it.

You have to hedging manually when it is the right time.

It is for experienced traders.

Personally i have 90-99% return every year with Martingale strategy.

You have to hedging manually when it is the right time.

It is for experienced traders.

Personally i have 90-99% return every year with Martingale strategy.

ForexAssistant
(ForexAssistant)

Member Since Jun 28, 2011
465 posts
Dec 05 2013 at 12:12

@Dimitris

You know I tried to use a hedge to put the breaks on a run a way martingale type strategy but I could never figure out when to put it on and what criteria to use to close it down other than a trailing stop. In the end, what I decided to do is to just close the last allowed iteration then start over at the beginning but at twice the lot size. Half goes to recover the losses and the other half is my current profits. After the entire recovery balance has been cleared, the EA shifts back to single size trades. So we use a martingale type recovery for the first 7 or 8 iterations then use the long recovery if it happens to go over the limit.

If you have figured out how to hedge a recovery sequence like that, I duff my hat to you sir, I never could.

Bob

You know I tried to use a hedge to put the breaks on a run a way martingale type strategy but I could never figure out when to put it on and what criteria to use to close it down other than a trailing stop. In the end, what I decided to do is to just close the last allowed iteration then start over at the beginning but at twice the lot size. Half goes to recover the losses and the other half is my current profits. After the entire recovery balance has been cleared, the EA shifts back to single size trades. So we use a martingale type recovery for the first 7 or 8 iterations then use the long recovery if it happens to go over the limit.

If you have figured out how to hedge a recovery sequence like that, I duff my hat to you sir, I never could.

Bob

*where research touches lives.*

@Bob

which ea are you using?

Safe rules for Martingale strategy:

Trade 1 pair with starting lot size 0.01 for every 10.000 USD

Set the max opening positions not to brake below 1000% margin percentage and at the last position, open a hedging position at the half of the total lots opened. Close all positions at the TP of the last position.

which ea are you using?

Safe rules for Martingale strategy:

Trade 1 pair with starting lot size 0.01 for every 10.000 USD

Set the max opening positions not to brake below 1000% margin percentage and at the last position, open a hedging position at the half of the total lots opened. Close all positions at the TP of the last position.

ahuruglica
(ahuruglica)

Member Since Jun 28, 2013
852 posts
Dec 05 2013 at 19:57

bakis posted:

Personally i have 90-99% return every year with Martingale strategy.

I have been looking for someone with martingale strategies that perform consistently. Will you share your account?

ForexAssistant
(ForexAssistant)

Member Since Jun 28, 2011
465 posts
Dec 05 2013 at 19:58

Open a hedge half way from the original trade to the maximum iteration? I will need some time to ponder how this would work, I had always tried to hedge toward the max iteration. This is somewhat different, Thanks for the info.

To your question, I use an ea that I created but it is still being beta tested and not available to the public. I try to test for one year before sharing it with anyone else but here is the MyFxBook analysis for this system. You can see that this variation allows for a profit for every trade taken not just a single profit on the wins as a true martingale does. The range size is 25 pips but if you divide the total profit by the total number of trades it will be larger than the total number of trades times the base profit for a 25 pip range because for a while I used a range size of 45 pips looking to optimize the settings.

Phoenix Program Testing Account

https://www.myfxbook.com/members/ForexAssistant/mt4-6040547/570955

You know if you ever want to get together and discuss strategies and compare notes I can find the time. Lets bring Frank Write in on this too, I looked at his trading history, he knows what he's doing. But Frank, the risk level... I like what your doing but not your risk tolerance. I hate ulcers however one can not argue with success. Anyway my e-mail is bob@forex-assistant if you would like to discuss strategies and ideas, drop me a line.

Good trading everyone.

Bob

To your question, I use an ea that I created but it is still being beta tested and not available to the public. I try to test for one year before sharing it with anyone else but here is the MyFxBook analysis for this system. You can see that this variation allows for a profit for every trade taken not just a single profit on the wins as a true martingale does. The range size is 25 pips but if you divide the total profit by the total number of trades it will be larger than the total number of trades times the base profit for a 25 pip range because for a while I used a range size of 45 pips looking to optimize the settings.

Phoenix Program Testing Account

https://www.myfxbook.com/members/ForexAssistant/mt4-6040547/570955

You know if you ever want to get together and discuss strategies and compare notes I can find the time. Lets bring Frank Write in on this too, I looked at his trading history, he knows what he's doing. But Frank, the risk level... I like what your doing but not your risk tolerance. I hate ulcers however one can not argue with success. Anyway my e-mail is bob@forex-assistant if you would like to discuss strategies and ideas, drop me a line.

Good trading everyone.

Bob

*where research touches lives.*

ahuruglica
(ahuruglica)

Member Since Jun 28, 2013
852 posts
Dec 05 2013 at 19:58

For those who like math, check out this excellent video about fat tails. The true enemy of grid and martingale.

Martingale means = close your eyes and play game = which is impossible.

Technical or Manual = Open your eyes and play game = which is suitable to professionals.😎

Technical or Manual = Open your eyes and play game = which is suitable to professionals.😎