|
wolfe,
after 24 entries the EA stopped adding ...is this in the code?...I have the max trades set well above that. There are not any errors in the tabs.
I am using 0.01 start and 0.01 increment in the USD/JPY on a IBFX mini demo account.
This happened after a retrace and I ventured into a positive float and eventually the TP took over and I exited at a profit...but again why did TFX stop at 24 trades?...is there something special that happens that I am not aware of?
Folks, I am telling you that if you use 0.01 start and 0.01 increment with a 16 next trade in the USD/JPY you will get the time to get a pattern that will get you out with a profit. It's just... if this is the stlye of trading that you like and how long you are willing to wait (but the yield can be double digits...maybe triple digits). Using such small increments with the historical range that the USD/JPY represents will let you survive. Why did I pick the USD/JPY ? Well if an EA can survive it, that is the best pair to test hard with.
I think the most unique attribute this "Modified Martingale" represents is the pyramiding mode it can enter into. It is not just an alternating buy...sell...buy...sell...grid formation
it can be a buy...sell...buy...sell....sell...sell....(said in Cramers voice)
ES
P.S. You might be asking how does the logic handle the pyramiding and break off from it alternating buy...sell...buy...etc sequence...Well this is how...if TFX hits a sell and does not counter back up by 16 pips to a buy and continues trending down without doing that...it will skip the buy and just keep entering sells on the way down until the maxtrade or the TP hits...Hint: If you trade a pair like the EUR/GBP...you cannot use a next trade of 16.
Last edited by ElectricSavant; 01-15-2008 at 03:23 PM.
|