Suggestion Reverse Martingale Expert Advisor

[mgfox1]

I agree that Martingales can work very well, but must be closely monitored. Can be very Risky. But normally, the larger the risk the larger the return. I will try out your new EA, thanks for sharing. Any results on a live account yet? Let us know.

 

[Mike Dvd]

This is my review for this thread:
I love this

 

[Mike Dvd]

Hi have an Mq4 version of this, however it's not working..maybe someone here could fix it.

 

[brlm7914]

hey let my comment stay on top of Latest Replies panel just for some minutes

 

[iw2ktl]

Hi have an Mq4 version of this, however it's not working..maybe someone here could fix it.

 

[brlm7914]

hey let my comment stay on top of Latest Replies panel just for some minutes..

 

[HAL 9000]

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

My perception is that this EA may be more easily fine tuned to work in "Zero spread + fixed comission" accounts.
As the comission (proportionaly) don't varies, it is possible to adjust the EA parameters to achieve profitable results.
In a scenario of variable spreads (which can increase dramatically during high volatility) it is more complicated to have profitable results all the time with the same configuration.

 

[basmanpro]

nice ea
nice scenario
nice work

 

[ayoub lahcgar]

any backtest results guys :!d

 

[El Zorro]

any backtest results guys :!d

https://soehoe.id/reverse-martingale-type-expert-advisor.t8852/#post-159081

 

[Bagus Rizki]

martingale

 

[HAL 9000]

Backtest with modelling quality 99,90%

1) Default parameters;
2) Initial Balance: 10.000
3) Period of test: 03-jan-2017 until 30-Sep-2017 (first 9 months 2017)

 

[blackking]

Martingale I think most dangerous strategy without strict money management,
I am never trading based on martimgale, might not suitable for me

 

[HAL 9000]

The positive aspect that we can enhance about the strategy of this EA, is that a scenario of strong trend, for example, is very positive and will contribute to close operations in profit. I would suggest to everybody to watch this EA working in visual mode to see how interesting is this reverse martingale.

By the other side, in the usual "martingale" EAs, the strong trend results in the opening of more operations in "counter trend" and, if this trend continues without a reversal, there will be an increase of negative floating, situation in which, without an adequate money management, we may have a Stop-out in the trading account.

 

[El Zorro]

The concept of this EA seems to be very promising. I was wondering if a member of this forum with coding skills would gently try to fix the MQ4 version which had been shared by Mike Dvd on Post [HASHTAG]#25[/HASHTAG].
https://soehoe.id/reverse-martingale-expert-advisor.t9219/page-2#post-169391

 

[Des2017]

Anyone tested this with profits? What pairs to use?

 

[vincent villasante]

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.

do you have mlq4 of this EA?

 

[Baker Ghazi]

The EA is expired

Sent from SoeHoe.ID mobile apps

 

[jayesh]

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

No profit only loss.