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Suggestion Reverse Martingale Expert Advisor

Discussion in 'Expert Advisor atau Robot Forex' started by taseeer, 05 Oct 2017.

  1. taseeer

    taseeer New Member

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    Reverse Martingale is an Expert Advisor which logic is very simple. It is a Martingale EA that opens one order at a time. It will open an order at any market price and wait for Stop Loss or Take Profit. If Stop Loss is Hit the Trade is Multiplied by the Factor of Martingale, and the order direction is reversed. This continues until a TP has been reached. Then the EA resets and Starts the system all over again.

    This Logic for the EA prevents the common mistake in Martingale. Which is That a Martingale could only be Used in a ranging Market, exactly this EA has the opposite and reversed Rule, It will work well on Trending Markets.
     

    Attached Files:

  2. Lucas Acosta

    Lucas Acosta Active Member Credit Hunter

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    Thanks for sharing.

    Expire date?
     
  3. Patrick Kong

    Patrick Kong Member Credit Hunter

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    I''m now forward test on Pepperstone Demo account. Let's see if it works good or not. Thanks for sharing!
     
  4. Patrick Kong

    Patrick Kong Member Credit Hunter

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    This EA only have SL but don't have TP.
     
  5. Lucas Acosta

    Lucas Acosta Active Member Credit Hunter

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    TP:
    upload_2017-10-5_21-14-17.png
     
  6. Patrick Kong

    Patrick Kong Member Credit Hunter

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  7. blackking

    blackking Well-Known Member Credit Hunter

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    However martingale included risky strategy
    without strict risk management will facing MC I think
     
  8. Patrick Kong

    Patrick Kong Member Credit Hunter

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    You need to have a good setfiles before BT. I think if put Level Distance 2 and Money TakeProfit 5 is very profitable.
    Can anyone do BT? Thanks.
     
    Last edited: 06 Oct 2017
  9. HAL 9000

    HAL 9000 Member Credit Hunter

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    Nice development in order to apply the classical (and correct...) concept of the martingale.
     
  10. El Zorro

    El Zorro Member Credit Hunter

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    I´m sorry but the way you are describing how the EA works is not the same way it is functioning in the first FT test.
    The EA opens two operations at the beginning at the same time (one buy and on sell), and a series of buys and sells stops.
    If, for example, the price achieves to a take profit in one order, what will happen to the other opposite one that had been opened previously ?
    Besides the clarification about the logics of the EA, would you please describe the concept and units of the parameters (Level distance ? pips? points?).
     
    • Agree Agree x 1
  11. sky182

    sky182 Member Credit Hunter

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    it’s martingale follow trend, it will start with sellbuy after that it will open follow trend, if up it will
    be Op buy marti if it down it will be sell marti,
     
  12. Lucas Acosta

    Lucas Acosta Active Member Credit Hunter

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    Very profitable in bt only, in demo o real account the fee take the profit.
     
  13. Patrick Kong

    Patrick Kong Member Credit Hunter

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    So its a useless EA. Can't use to trade Live account.
     
  14. NeoBatavia

    NeoBatavia Well-Known Member Credit Hunter

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    I will help to BT, but does it expired?
     
  15. Patrick Kong

    Patrick Kong Member Credit Hunter

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    This EA is working. Only thing is that its no good.
     
  16. prince hafiz

    prince hafiz New Member

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  17. prince hafiz

    prince hafiz New Member

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    is this ea hedge martingale?
     
  18. HAL 9000

    HAL 9000 Member Credit Hunter

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    Why do you have this opinion ?
    Please, share your findings with us.
     
  19. Leowong

    Leowong New Member

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    4/5,
    This is my review for this thread:
    like a anti-Martingale
     
  20. bmw070

    bmw070 New Member

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    If use real account without commision (with bigger spread instead) then it should be profitable.
     

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