Best pair for martingale

Hi guys,
Im trying to find best currency pair for a simple martingale. My current results are below
https://www.myfxbook.com/members/profijet/hariri-500usd-live/2090501
https://www.myfxbook.com/members/profijet/harakiri-10k-live/2090497

Yes I know the destiny of all the martingales, but the logic can be simple and I tried on demo (see attached picture): 722% per months and than 100% drawdown (blown account) now I run it live on EURCHF.

So the logic is: invest 100usd and let martingale run. If it comes to 200usd, than withdraw the deposit and repeat. With my results from last month I could invest 100usd (Instaforex account, where 0.01 lot means 100USD) and withdraw 700usd. It means I could afford restart 7 times :)

I know it is only about luck and not serious investing, but my question is:
what is the best currency pair for this purpose? How to find it?

I had success with EURCHF, EURGBP
and totally failed with EURUSD, USDCHF, AUDNZD

In my martingale the steps are defined by technical indicator on M5, it means next martingale step is always on next signal on M5.

Any ideas? Thank you

Hello,
I cannot say I like Martingale style, but still a few points from my side:
* I think the account sizes of 500 USD and even 900 USD are not enough to sustain larger movement
* EUR/CHF and EUR/GBP looks good, but the rest not sure whether will not surplice you unless you trade summer ranges.
* The market is changing its behavior, so stated in paragraph 2 from you (last sentences) may happen often and account of 100 USD cannot sustain long.

Thank you for your post. That is why Im using Instaforex account. Lot size here is only 10.000units and not 100.000 as other brokers have.
So 100usd is same as 1000usd trading 0.01 at other brokers.
For the test I am not willing to risk more than 100usd for every test :)

If it just for testing purposes - seems OK with such details with Instaforex.
I would say good luck and if all is going OK and you reach the phase to open larger orders, I would advise you to change the broker 😉

no pair is good for martingale. Sooner or later should it will blow. Its just like speeding in your car. If you speed sooner or later you will get a ticket.

semi-martingale is better

Semi-martingale ? I have not yet heard of it , please give some examples of trading.

I am still quite succesfull with EURGBP and EURCHF. What do you mean by sem-martingale?
I decreased multiplicator from 1.5 to 1.3 for bigger security

full martingale is keep adding bigger lots by whatever multiplier until profit or run out of margin. semi martingale would be say buy .03 buy .05 buy .03 then stop loss then sell .1 etc. it basically means just using some kind of stop mixed with some martingale aspects

will gold pass 1311 before pull back.

The best pair for me would be GJ because of the daily range. You just have to enter when it is flat and catch those 10-15 pips run outside the accumulation, then from there it breakout mega or reverses back in side.

try USDSGD and USDCAD.

USDCAD u just need to watch out for heavy oil movements. if it does, stop adding.

I try now with volatile pair selected from Market->Volatility.
I have never traded USDZAR before, so lets see...

I start with 0.01 lots, than I increase them till 0.5
Lets see what happens. Any suggestions how to handle buys and sells together are welcomed.
Now the logic is quite simple:
Keep opening buys until XY pips is reached
Keep opening sells until XY pips is reached
Buys should not affect sells et vice versa.
Any idea about lot sizes of hedge trades, and when to close all trades together?
Please still consider this strategy as very short term :)

Hey guys, I'm running a test on a Martingale I bought.
I'm currently running 10 pairs at 0.01 lot each.
$30000 cent account.

Gold can be good for MG strategy

Aleixo1 posted:
Gold can be good for MG strategy

Im afraid Gold is too expensive for small accounts. I try with 100-200usd accounts

hii any one have good martingal ea please provide its help thankyou

fxtrader2014 posted:
hii any one have good martingal ea please provide its help thankyou

You may find some here: https://www.mql5.com/en/code/10655
Just and advice - try another way of trading instead of martingale, because it is not healthy for your account.