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Martingale 1 Year b4 Crash (By RedRhino )

Užívateľ odstránil tento systém.
Ozzie Matt (aeronthomas)
May 24 2016 at 10:55
1557 príspevkov
is this system the system you talk about here that you ran at 0.1 lot per $10,000? https://redrhinofx.com/ilan-ea-mql/ if so which of the ilan's was it? want to play around on demo not sure which ilan to try? cheers

frank
RedRhino
May 25 2016 at 05:14
471 príspevkov
thanks for asking.

this system is ATS1 , it was the first commercial robot for me. I sold copies in 2013 under the name RedRhinoBot , I thought it was the best system.. https://www.myfxbook.com/community/strategies/redrhinobot-tick-data-ontick-2010/633245,1 but it was using martingale. Yes the money management was 0.10 Lot on $10,000 = 0.01 lot on $1000

However the Ilan-EA needs a 0.01 Lot on $10,000 balance since it is a Martingale and Grid. read my martingale archive to learn from others mistakes and there's a broker cent list for testing these systems - https://redrhinofx.com/category/martingale/

Once you add martingale to your system, it no longer matters what system you are using because once you turn on the CASINO button there is no turning back.

It is not a real approach to trading if your Risk goes beyond a certain threshold.

Martingale can turn the worst system into temporary profits as we see a lot on this site . It can also take a good system and keep it profitable for more than a year quite easily as I did with my redRhinoBot but its still martingale.

Martingale isn't worth testing... outcome always the same. use martingale to recover losses while risking more if you desire it.

https://redrhinofx.com/category/martingale/

best luck with your testing and only use cent accounts and play money.

frank
RedRhino
May 25 2016 at 05:20
471 príspevkov
''Start with 0.01 ( we traded with 0.10 on 10k balance ) Recommended Investment: 10000'

@aeronthomas Start with 0.01 lots,

I started with 0.10lots on Demo and it was 10x risk of what can really sustain longterm. I was showcasing a free Ilan EA that was same as Commercial signal provider(blown and disappeared).

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