thread: New Martingale EA (logic like Mathtrader EA)

91866

Hello fellow forum Community members, I am a last year student studying computer science and have selected to make a automated trading system according to the martingale. I am looking to make a method on MQL4. I was wondering if anybody knew how to put pending orders equally buying selling and side side without running from transactions and additionally raising lot size as every transaction is triggered and requires profit after X quantity of pip is reached. Been fishing via the forums but cant appear to get what im searching for please do reply back thanks Solomon...

why would you want pending orders if you use an automated system?

101517Hi edge0xc, please allow me to ask some questions. What idea is LOWHIGH that within this system? The truth of this system is high! And is this EA have expiration date? Sory for my english.

91866

quote why do you want pending orders if you use an automated system?

When the price moves in one direction the pending trades will probably activate and after (X) amount of pips is achieved it's going to take profit and start all over again.

I am attaching a picture for this post.

91866

quote Once the price moves in 1 way the pending trades will trigger and after (X) number of pips is attained it is going to take profit and begin all over again. I am attaching an image. image

if you use an expert, you don't want pending orders. You can plan your EA to put orders once the condition is fulfilled.

Cheers

918661 Structure (s) Hi, I have been testing this EA because the start of December 2016 in a Live account on EURUSD. Thus far, it has been working really good. Thanks @edge0xc for this work.

I would love to share some stats with you: 67 transactions, 66.2 % yield, 3.57 profit variable

Enclosed, please find the set-file I'm using to generate such outcomes @ 400 EUR initial equilibrium. Has anybody generated better or comparable outcomes ?

@edge0xc, just a couple of thourghts to further build this EA:
- Have you thought about implementing a dynamic TP, e.g. predicated on the ATR indior?
- Have you thought about adding indior for important trade amounts, such as pivot lines, to filter out signs of a break-out, so that in such situations, no transaction is entered?
- Also, have you ever thought about implementing dynamic input parameters based on the pair you apply the EA to, e.g. predicated on the set-file for EURUSD, automatically convert into comparable input parameters for lets say USDJPY?

Greatest
https://www.cliqforex.com/attachment...69564.1_EURUSD

91866

Hello, I have been analyzing this EA because the start of December 2016 in a Live account on EURUSD. It has been working very good. Thank you @edge0xc for this work. I would love to share some stats with you: 67 transactions, 66.2 percent return, 3.57 profit variable Enclosed, please find the set-file I am using to generate such outcomes @ 400 EUR initial equilibrium. Has anybody generated outcomes that were comparable or better with different setting? @edge0xc, just a few thourghts to further develop this EA: - Have you thought about implementing a dynamic TP, e.g. according to the ATR indior? - Have you thought about incorporating indior for significant trade levels to filter out signs of a break-out, so that in such situations, no trade is entered? - Also, have you thought of implementing dynamic input parameters based upon the pair you apply the EA to, e.g. according to your own set-file for EURUSD, automatically convert into equal input parameters for lets say USDJPY? Greatest document

What was your maximum DD throughout your test?

91866

quote What was your max DD during your test?

Regrettably, I do not keep tabs on the drawdown. There has been a max of four trades available at one time.

91866

quote Regrettably, I do not keep tabs on the drawdown. There's been a max of four trades.

What about the timeframe?

91866uploaded new Edition

91866Hi border,
thanks for the new version. Are there any improvements that were suggested?

What is new?

Continue the good work!

Cheers!