Martingale/averaging expert advisors

Woody12 posted:
Hey Sacombe, you're right but a lot of people posting here have been using cent accounts which avoids the problem. If you had an EA with a 50% win rate and max consecutive losses less 8 or so .... you could work wonders implementing martingale ... but strategies like that are hard to come across!

What me an JT want is just a an average martingale that usually wins - we'll deposit a couple hundred at Vantage each week - most weeks it will make crazy profits ... every now and then you'll lose your money for that week. I think this is the best way to use Martingale - turn it's weakness into a strength. Of course sometimes you'll lose but who cares.

Problem is no one can seem to point us to a martingale that even works most of the time .... any ideas folks?

Woody12 posted:
Hey Sacombe, you're right but a lot of people posting here have been using cent accounts which avoids the problem. If you had an EA with a 50% win rate and max consecutive losses less 8 or so .... you could work wonders implementing martingale ... but strategies like that are hard to come across!

What me an JT want is just a an average martingale that usually wins - we'll deposit a couple hundred at Vantage each week - most weeks it will make crazy profits ... every now and then you'll lose your money for that week. I think this is the best way to use Martingale - turn it's weakness into a strength. Of course sometimes you'll lose but who cares.

Problem is no one can seem to point us to a martingale that even works most of the time .... any ideas folks?

http://www.forexfactory.com/showthread.php?t=598198

I dont't trade it myself. EA with many built in options for martingale strategy. Have to read the whole thread as the EA creator updates options often. I find it interesting but personally not for me. Might be something you are looking for.

Woody12 posted:
Hi Jaytee - yeah you do that and I'll do the same with Forex Warrior and we'll compare results

Zeus & Forex Scotty - are either of your systems available to DL?

Thanks guys.

Woody12 posted:
Hi Jaytee - yeah you do that and I'll do the same with Forex Warrior and we'll compare results

Zeus & Forex Scotty - are either of your systems available to DL?

Thanks guys.

FXScotty posted:
I have high exit accuracy on the trades placed, with an occasional dip into my recovery trades. Just have not figured out when to tell the EA to stop trading before a reversal. I use RSI indicators which do pretty well most of the time.