Martingale/averaging expert advisors

Aug 19, 2016 at 06:47
3,092 Zobrazení
73 Replies
Členom od Dec 29, 2010   1 príspevkov
Sep 17, 2016 at 18:49
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?

https://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.
FXScotty
forex_trader_323686
Členom od Apr 26, 2016   93 príspevkov
Sep 18, 2016 at 06:49
I'm working on one that has a high win rate, with Auto Start and Stop features. It includes several variables to not allow an account to blow. BUT...and I will repeat, BUT I still have not found a way to limit the upside for it to stop trading before a price reversal which is the true enemy of the martingale money management strategy. My chart is private to keep the martingale haters at bay with their 'I told you so' remarks. 😄
FXScotty
forex_trader_323686
Členom od Apr 26, 2016   93 príspevkov
Sep 18, 2016 at 06:50
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.



Členom od Jul 18, 2016   24 príspevkov
Sep 18, 2016 at 07:11
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?

My system is set to really low parameters and is fairing well so far. It can also make huge gains if set to higher levels but obviously risk of ruin is drastically increased. You can also look at forex warrior (I think that's what it's called) they have a standard marti that hedges as well as has open on trend parameters to give u a better chance at winning.
askew822@
Členom od Aug 25, 2016   18 príspevkov
Sep 21, 2016 at 06:28


https://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.

This one looks interesting woody! I might have a play on a Vantage demo. I'll let you know how it goes.
Členom od Jan 20, 2016   8 príspevkov
Sep 28, 2016 at 06:47
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.
Členom od Jul 18, 2016   24 príspevkov
Sep 29, 2016 at 06:30
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.

No not for download. Demo was on copy via signal start and about to shut that down because I'm taking it live and will reintroduce signal for live account with less aggressive settings. Hoping to get about 5-10% a month with it. Can manage it for you. PM me for details.
askew822@
Členom od Aug 25, 2016   18 príspevkov
Oct 02, 2016 at 06:00
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.

Sounds good will link to Vantage demo myfxbook when set up - haven't had a chance to look at it yet. Too busy making pips the ol fashioned way!
Členom od Nov 12, 2010   174 príspevkov
Oct 05, 2016 at 07:11
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.



Nice looking results, do you have full results instead of just a screenshot?
See my profile or message me for my latest EA
Členom od Jan 18, 2010   17 príspevkov
Oct 06, 2016 at 06:29
i think marti system only works when on ranging market, that's way keep out trade when near big news 😀
Candles always right
Členom od Jan 20, 2016   8 príspevkov
Oct 10, 2016 at 06:24
Martingale is a lot/bet sizing system - it has nothing to do with trending/ranging markets - it can be applied to any trading strategy or game of chance.
Členom od Aug 25, 2016   18 príspevkov
Oct 24, 2016 at 07:17
Yep. Both those Martingales actually look pretty iffy mate - the FF one requires endless setting tweaking and that other one you were going to look at is in the market all time time - hard to trust a system like that.

A friend has given me a copy of his bot - I'll get a demo going at vantage and let you know via DM - might be able to weasle you a copy too.
Členom od Feb 12, 2016   522 príspevkov
Oct 26, 2016 at 07:15
Fully agree with Woody12 , if you want to blow your account just go for those martingale advisors. It’s the easiest way actually. You just lose your time hoping it wont happen to you. Been there done that.
Členom od Sep 15, 2016   3 príspevkov
Feb 06, 2017 at 16:48
BaldoN posted:
Fully agree with Woody12 , if you want to blow your account just go for those martingale advisors. It’s the easiest way actually. You just lose your time hoping it wont happen to you. Been there done that.

Yeah! While you may have some success in the short run, in the long run there is no way to make a constant profit with Martingale. Not in roulette, not in sport betting and most definitely not in Forex. Its way better just to pick the right Forex broker for you (I read the reviews here: https://www.forexbrokersreviews.com/ ) and start learning how to trade using real signals, not some 'gut' feelings. 😇

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