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Suggestion Martingale with EURUSD Using Renko

Discussion in 'Expert Advisor atau Robot Forex' started by Ajay Kshatriya, 07 Mar 2020.

  1. Ajay Kshatriya

    Ajay Kshatriya Member Credit Hunter

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    Hello Friend
    I would like to share profit making martingale EA use on EURUSD with Renko only.
    I provide setting for equity $1000.
    Highly recommend to use it on EURUSD.
     

    Attached Files:

    • Like Like x 1
  2. kamel

    kamel Active Member Credit Hunter

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    HI SIR, can you show us your result ?
     
  3. JabTrader

    JabTrader Member Credit Hunter

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    You wanna somebody testing for you or what?
     
  4. fmtkiev

    fmtkiev Member Credit Hunter

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    It depends from multiplied coefficient. One of my ea wasn't profitable with classic 1.2-1.8 martingale. When I tried with 1:16, it shows profit and normal drawdown on big trends.
     
  5. fmtkiev

    fmtkiev Member Credit Hunter

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    I mean sum of 2 lower orders (0.08+0.08) close 1 upper order (0.01), or part of upper order 0.01.
     

    Attached Files:

  6. Ajay Kshatriya

    Ajay Kshatriya Member Credit Hunter

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    It does not crash account in trend.Kindly understand the strategy,It always work in direction of trend with renko.I had used 3 pip renko box ,so my TP is 3 pip.when renko reverse at 6 pip it close open position as I keep SL of 6 pips.
    E.G First open position at say 1.12000 with 0.01 lot as a opening of renko box with TP 3 pips and SL 6 pips.It covers at close of renko with 1.12003 or close at 1.11994.
    If SL hits at 1.11994 it open reverse position with lot 0.03 with TP 3 pip and SL 6pip.
    If SL hits at 1.12000 it open reverse position with lot 0.09 with TP 3 pip and SL 6 pip and vice versa
     
  7. Ajay Kshatriya

    Ajay Kshatriya Member Credit Hunter

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    I upload sample to understand it proporly
     

    Attached Files:

  8. fmtkiev

    fmtkiev Member Credit Hunter

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    on a real account, this technique is broken by commission, slippage and a long flat
     

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