Martingales; Good, Bad, or just Misunderstood.

oshaban posted:
Hello All ...

I'm a programmer and did hundreds of EAs during the last 8/9 years. Till the moment, I got my own exclusive EAs that I can make them work for me because I know the exact logic they are using in hard periods.

In plain words, EAs, in general, needs to human intervention from time to time. This intervention can be wise only if you the logic of the EA and how to change settings or time frame wisely to make it run and ends with profit. If you believe you will get in trouble, you have to sacrifice your profit and get as early as possible.

I use my own basic formula, as Martingale EAs has no SL, then I use last 1, or 2, or 3 days profit as my max DD, so, this way I will lose only time then next time I have to use less risk to compensate the loss.

Bottom line, Gris/Martingale EAs are very profitable for home who know the logic of the used EA, preferable the programmer himself.
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In the last few months, I did 666% in just a week. It was too risky, pressure, and non-fun time :( ... I never did (or will do) that again. My health is more valuable than money itself.

[/quote

you are on the right path

Pooler posted:
That's kinda propriety knowledge . I just wanted to say that Martingale is a very misunderstood and incorrectly applied method. You also need a decent account size. I wanted to develop a method that trades profitably regardless of what price does. It took me 3 years but I've achieved that. There are no stop losses--just hedging and a type of martingale method.

Proof of what I'm saying is at http://www.myfxbook.com/members/Pooler/beeksvps-ver-9-live/862616. I automated this method and started on Feb 7 with a $ 14 800 deposit. I've withdrawn $ 6200 since then. The first 2 months I didn't trade optimally and I had to change accounts. You can calculate from these whether this is an effective method.

oshaban posted:
Hello All ...

I'm a programmer and did hundreds of EAs during the last 8/9 years. Till the moment, I got my own exclusive EAs that I can make them work for me because I know the exact logic they are using in hard periods.

In plain words, EAs, in general, needs to human intervention from time to time. This intervention can be wise only if you the logic of the EA and how to change settings or time frame wisely to make it run and ends with profit. If you believe you will get in trouble, you have to sacrifice your profit and get out as early as possible.

I use my own basic formulas, as Martingale EAs have no SL, then I use last 1, 2, or 3 days profit as my max DD, so, this way I will lose only time then next time I have to use less risk to compensate the loss.

Bottom line, Grid/Martingale EAs are very profitable for who knows the logic, power and draw backs of the EA.

In the last few months, I did 666% in just a week. It was too risky, pressure, and non-fun time :( ... I never did (or will do) that again. My health is more valuable than money itself.

oshaban posted:

oshaban posted:
Hello All ...

I'm a programmer and did hundreds of EAs during the last 8/9 years. Till the moment, I got my own exclusive EAs that I can make them work for me because I know the exact logic they are using in hard periods.

In plain words, EAs, in general, needs to human intervention from time to time. This intervention can be wise only if you the logic of the EA and how to change settings or time frame wisely to make it run and ends with profit. If you believe you will get in trouble, you have to sacrifice your profit and get out as early as possible.

I use my own basic formulas, as Martingale EAs have no SL, then I use last 1, 2, or 3 days profit as my max DD, so, this way I will lose only time then next time I have to use less risk to compensate the loss.

Bottom line, Grid/Martingale EAs are very profitable for who knows the logic, power and draw backs of the EA.

In the last few months, I did 666% in just a week. It was too risky, pressure, and non-fun time :( ... I never did (or will do) that again. My health is more valuable than money itself.

Here is a proof that Martingale EAs works very well if you use it the right way !.
58% in just 2 days with minimal DD.
https://www.dropbox.com/s/r6vz8z1qzyvew2z/Profit-Booster-PRO-Statement.rar?dl=0
Don't give up ... Have faith in what you're doing.

fastdrive55 posted:
oshaban, where is your system shared here, on myfxbook? Who is interested in dropbox files? Worthless.

Need to see the history of the system. Please post.