New EA Martialgo EA
- Thread starter Traderasb
- Start date
This is Different System. still under development Yes its a nice system that can use safely. No strategy involve. only algorithm and it has equity growth smart monitor system which handle the closing order side and managing orders. it can hedge and close hedge in profit and orders in profit. trying to cover everything. and final result will be money
The only things that could have prevented this:
1- If you had open trades opposite the trend then the only thing that could have saved you is sufficient account balance so the DD wouldn't have killed your account (in lack of a parameter like equity stop).
2- With no big open trades opposite the trend (at least not enough to kill your account) some kind of news filter that would avoid opening new trades against the trend during the trend duration.
3- Some kind of equity stop parameter that would have closed your open trades once X % DD reached. In this case you would have had those losses but won't have killed your account.
with tutorial**** Update with Entirely Different New version *****
New update is Entirely different than Previous Version. I did add equity stop and stop loss function if you like to trade with restrictions. As Requested when EA trade against the trend it will trade with the trend same time. Currently EA optimized for only one pair EUR /JPY
No indicator Required for the EA. As this is tested Version exp is Jan 19th .
Pair : EUR /JPY
Time Frame : 15 minute
Trade with News filter that attached with the forum
New update is Entirely different than Previous Version. I did add equity stop and stop loss function if you like to trade with restrictions. As Requested when EA trade against the trend it will trade with the trend same time. Currently EA optimized for only one pair EUR /JPY
No indicator Required for the EA. As this is tested Version exp is Jan 19th .
Pair : EUR /JPY
Time Frame : 15 minute
Trade with News filter that attached with the forum
If you add much more needed spread filter ( instead of news filter) the EA would benefit way more. Because during the news spread is widening. But also during the unexpected news that are not listed in news sites- like Trump tweets and latest Apple news that caused hundreds of pips drop in many pairs including AJ and EJ. The spread during that news and crash drop was up to 100 pips and on the pairs that have normaly cca 1 pip spread and if your EA would have spread filter there would be no open trades. Without it it would be opening trades with way higher spread and so the distance between orders would not be as per inputs but much smaller and this would be causing additional not needed DD or even blowup.
There is also daily changover where spread is widening 4-5X relative to normal spread and it lasts up to 2 hours each day. So I see this filter as much more important
The idea is to add a new parameter like “max spread” which you could change depending your broker...
If spread is higher than the value of the parameter then EA doesn’t open new trades.
It’s a parameter that many EA have and it’s useful to avoid some scenarios as Rocky16 explained...
If spread is higher than the value of the parameter then EA doesn’t open new trades.
It’s a parameter that many EA have and it’s useful to avoid some scenarios as Rocky16 explained...