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Stochastic Martingale (July-Aug) (By DoubleTrap )

Gain : -98.84%
Drawdown 99.13%
Pips: -1067.0
Trades 385
Won:
Lost:
Type: Demo
Leverage: 1:200
Trading: Automated

Stochastic Martingale (July-Aug) Discussion

S_Daniel
Jul 27 2010 at 13:49
1 posts
Hy

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

DoubleTrap (ForexSeeker)
Jul 28 2010 at 01:28
814 posts
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.
DoubleTrap (ForexSeeker)
Aug 03 2010 at 00:01
814 posts
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.
DoubleTrap (ForexSeeker)
Aug 10 2010 at 03:24
814 posts
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 ?


Attachments:


Information is Gold when come to organised.
DoubleTrap (ForexSeeker)
Aug 10 2010 at 07:18
814 posts
<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 ?


Attachments:


Information is Gold when come to organised.
DoubleTrap (ForexSeeker)
Aug 10 2010 at 07:24
814 posts
Or you have another different interpretation of Fibonacci Level.

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

Attachments:


Information is Gold when come to organised.
DoubleTrap (ForexSeeker)
Aug 10 2010 at 14:13
814 posts
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.
SIM
pip2cash
Aug 10 2010 at 14:32
423 posts
Hi,

You need to fine tune your MM.

SIM

DoubleTrap (ForexSeeker)
Aug 10 2010 at 18:46
814 posts
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.
DarkProdigy
Aug 11 2010 at 01:46
45 posts
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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