Myawbalang, mungkin karena lot size. Coba pake lot size 0.1.
https://www.earnforex.com/blog/handling-ordersend-error-131-in-metatrader-4/
https://www.fxopen.com/en/trading-accounts/forex-micro-account/
New EA [B]iawak Predator V-4.4 [Updated]
- Thread starter alwaysprofit
- Start date
Myawbalang, mungkin karena lot size. Coba pake lot size 0.1.
https://www.earnforex.com/blog/handling-ordersend-error-131-in-metatrader-4/
https://www.fxopen.com/en/trading-accounts/forex-micro-account/
Zuper Kamikaze, terima kasih buat remindernya.
Hi alwaysprofit , Hi all others,
everyone here seems to be very satisfied about the resultt of this great piece of work - me too.
Till now I work with a fixed lot (0.15) while the Auto Lot would be (0.6). To be honest, to lower the risk and for a better Feeling
Maybe you are able to implement a factor in the settings of the EA to let the user decide which risk wants to take.
Actually the lot increases 0.01 every 200 units of Balance. I would be really happy to have the possibility to increase this number.
Thanks again for your great work and happy Profit to all....
@ Bullilulli No doubt 0.15 Fixed-Lot it's less Risky than 0.6 initial running on Autolotsizing...!!! But, consider one thing: is this the real Logic behind any Martingale-System ??? >>> Nope! This is wrong, buddy! Sorry, to have to say that! Using a Fixed-Lot it's more risky, actually; Fixed-Lotsize is good for other Trading-Styles, as Following the trend with one order only ... Then what's the sense of using the Lot-Multiplier in this context ???...
A lot of traders only know that using Martingale it's DANGEROUS because works different from other Strategies - opens orders AGAINST the trend. For sure it's better to use when the market is Ranging, not Trending - this doesn't mean to be flat - so, nobody can make any money!
Now, let me explain! I'll make you an Example: let's consider the trading pair EurUsd; the Market is in a DOWN-Trend... and the Price will "suffer" a significant fluctuation of 40 pips... 1 Standard-Lot [Value expressed in money] = 8,50 $ [0.0001 / 1.18000 * 100000]..... Let's see what's gonna happen in our both Situations......
Scenario 1 [...Lot-Multiplier Sets]: Max. Open Trades = 5; Dist./Step between Orders = 10 pips; Base-Lot = 0.05; Lot-Multiplier = 1.66; Auto-Lotsize = 0.0
The EA opens Order # 1 = BUY * 0.05 Lot... after 10 pips DOWN Order # 2 = BUY * 0.08 [0.05 * 1.66] ...and so on, it will open All 5 Trades - Max. Allowed by Sets
Scenario 2 [...Bullilulli - Sets]: Max. Open Trades = 5; Dist./Step between Orders = 10 pips; Base-Lot = 0.15; Lot-Multiplier = 0.0; Auto-Lotsize = 0.0
The EA opens Order # 1 = BUY * 0.15 Lot... after 10 pips DOWN Order # 2 = BUY * 0.15 Lot ...and so on, it will open All 5 Trades - Max. Allowed by Sets
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OK! What now ??? If the Market still goes DOWN and we don't have enough Equity, we're f**ked up in both cases.... This is the RISK of using Martingale and we ALL must be conscious of collateral consequences... But, mostlikely, the alwaysprofit Smart-Filters will work for US and not against; so, after 40 pips Down, probably the Market 'll be in OverSold and ready to bounce back in UP-Trend....
But, let's analyse a bit the situation of our Opened Orders right here, after 40 "Red-Pips"... because it's here the KEY of the Martingale & the use of the Lot-Multiplier...
Scenario 1: Order # 1 > 0.05 Lot * (-)40 pips = - 2.0 Lots [ - 17,0 $] ... (-2.0 Lots * 8,50 $)
Order # 2 > 0.08 Lot * (-)30 pips = - 2.4 Lots [ - 20,4 $] ... (-2.4 Lots * 8,50 $)
........................and so on!........for all 5 Orders.........
Scenario 2: Order # 1 > 0.15 Lot * (-)40 pips = - 6.0 Lots [ - 51,0 $] ... (-6.0 Lots * 8,50 $)
Order # 2 > 0.15 Lot * (-)30 pips = - 4.5 Lots [ - 38,25 $] ... (-4.5 Lots * 8,50 $)
........................and so on!........for all 5 Orders.........
As we can see, at the same Distance in Pips far from the Order # 1 [...the First Opened Order in our sequence] - the use of the Fixed-Lot "produced" a biggest negativity/loss in our Account Equity... Just compare the relative numbers above described: -17,0 $ > -51,0 $; -20,4 $ > -38,25 $....
And this is not all !!! In Scenario 1 , Order # 5 is BUY * 0.38 Lot ...right ??? ...That means if the Price of EurUsd moves UP just +5.2 Pips, our Martingale with Lot-Multiplier has RECOVERED the Loss of Order # 1 [...0.38 Lots * (+)5.2 pips = + 2.0 Lots [ + 17,0 $] ... (+ 2.0 Lots * 8,50 $) ...and starts the RECOVER of the others still Negative Orders [...Order # 2....]... After 10 pips in UPward Order # 4 > BUY * 0.23 Lots turns Positive and helps recovering the losses and accumulating Profits ...and so on !!!!...
* This is the real purpose of the Martingale Trading Concept. Makes sense to you, isn't it ???
### In conclusion, instead of trading a Fixed-Lotsize, you should consider to "play" with the Inputs/Settings ...like Lot-Multiplier = 1.5 or 1.3 if it's too hard for you to keep the Default Set and make some Calculations for the the Base-LotSize accordingly to your Account Balance..... Hope my relation will open to you a different "optic" in setting/trading this kind of stuff......
Also, please, see the screenshot that i've uploaded here, to this post !!!
All the best !!!!!!
BUBBY
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A greeting to all the chat and especially to Alwaysprofit!
I've been away for a while and could not use a computer ...
But my mt4 on VPS has always kept working.
I had 2 accounts that operated with PredatorV.4.6 since July 1: one with liteforex and the other with FBS.
After the July 14 issue, the liteforex account suffered heavy losses and was halted.
The FBS (live cents) account also suffered heavy losses, (-432 on an initial budget of 1,500), but was kept active.
On this last account (FBS) on July 17 I operated with the latest version (4.7).
I have to say that to date the system has covered all the losses and is now in profit.
I've been away for a while and could not use a computer ...
But my mt4 on VPS has always kept working.
I had 2 accounts that operated with PredatorV.4.6 since July 1: one with liteforex and the other with FBS.
After the July 14 issue, the liteforex account suffered heavy losses and was halted.
The FBS (live cents) account also suffered heavy losses, (-432 on an initial budget of 1,500), but was kept active.
On this last account (FBS) on July 17 I operated with the latest version (4.7).
I have to say that to date the system has covered all the losses and is now in profit.
I think in my trading experience that lasts more than ten years, this is one of the best Expert I've ever seen and tried.
Of course, like all such systems, I do not think I can use it as "launch and forget".
Although the system has a good news filter, it is not without prejudice to other unforeseeable currency market problems; the self-discipline of the person and his monetary capacity are also more important (in martingale systems, money management is crucial).
So I can only thank Alwaysprofit for this opportunity and for his work done.
I'd like to continue collaborating with Alwaysprofit, so I'll ask him the free account, but I would like to know if the system will be sold and at what price.
Thank you and a greeting to everyone
Of course, like all such systems, I do not think I can use it as "launch and forget".
Although the system has a good news filter, it is not without prejudice to other unforeseeable currency market problems; the self-discipline of the person and his monetary capacity are also more important (in martingale systems, money management is crucial).
So I can only thank Alwaysprofit for this opportunity and for his work done.
I'd like to continue collaborating with Alwaysprofit, so I'll ask him the free account, but I would like to know if the system will be sold and at what price.
Thank you and a greeting to everyone
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BUBBY
Thanks a lot for your complete explanation.I understand what you mean.The system is clear and you are right in any way.
To be honest, english is not my first language and maybe thats why I explained not completely correct my idea.
The martingale system is the idea and shall not be changed. Z`The one thing I would like to have in a parameter
is the starting lot to have influence on the risk I take. In my example to start with 0.15 than 0.6.
Thanks again for your reply and I hope it´s more clear now.
Thanks a lot for your complete explanation.I understand what you mean.The system is clear and you are right in any way.
To be honest, english is not my first language and maybe thats why I explained not completely correct my idea.
The martingale system is the idea and shall not be changed. Z`The one thing I would like to have in a parameter
is the starting lot to have influence on the risk I take. In my example to start with 0.15 than 0.6.
Thanks again for your reply and I hope it´s more clear now.
Don't you worry, mate, i understand you PERFECTLY !!! I got the point: but i don't know if alwaysprofit will implement "his creature" with a Risk % function..... ?!?!?!?!? He's the only one who can decide....
Meantime .....GREEEEENNNN PIIIIPPPSSSS to the whole SH community !!!!!!! I feel like Burt Simpson ...in his happy days ...mean ...everyday !!!!!!!!
BUBBY
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Hi brother...
Your observations is very good..
remember...Autolot is for auto MM based on lot size to be automatic calculation how lot to entry when first order placed, if balance growth and start early open positions ... And every balance growth $200.. Base lot automatic increase 0.01...
So other mean if Autolot MM set to the true..
Base lot to entry first open position will calculated automatically... And 2nd 3rd 4th so on lot keep automatic increase by Lot Multiplier...
Thanks
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many thanks for all participant and supporter....
thanks for all gave my thread rates and reviews....
happy profits...
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thanks for all gave my thread rates and reviews....
happy profits...
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