Best pair for martingale
Apr 27, 2017 at 06:22
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
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
ไฟล์แนบ :
Apr 27, 2017 at 13:42
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.
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.
Apr 27, 2017 at 13:58
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 :)
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 :)
เป็นสมาชิกตั้งแต่ May 20, 2011
724 โพสต์
Apr 29, 2017 at 00:14
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.
เป็นสมาชิกตั้งแต่ May 20, 2011
724 โพสต์
Apr 29, 2017 at 00:15
semi-martingale is better
เป็นสมาชิกตั้งแต่ May 20, 2011
724 โพสต์
May 12, 2017 at 23:19
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
Jun 05, 2017 at 06:40
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.
@GJscalper for more information
Jun 06, 2017 at 20:01
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 :)
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 :)
เป็นสมาชิกตั้งแต่ Feb 19, 2014
61 โพสต์
Jun 08, 2017 at 05:19
hii any one have good martingal ea please provide its help thankyou
Jun 08, 2017 at 14:06
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.
เป็นสมาชิกตั้งแต่ Feb 03, 2017
29 โพสต์
Jun 09, 2017 at 08:36
Don't martingale.
It will be hard to recoup the losses when it happens.
The more volatile the pair the worst for martingale strategy.
It will be hard to recoup the losses when it happens.
The more volatile the pair the worst for martingale strategy.
Don't panic over drawdown, instead manage it !!
