Thread: Martingale EA
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Old 02-02-2008, 05:21 PM
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Variation

Woking on a variation to TFX.

Same basic principal, but with a few twists.

Unlike TFX, this new test (currently called Phantom) treats long and short orders separately, except for the close all crash at the end of a cycle.

So, what happens is a long or short is started according to a moving average (based on a 1min. time frame), If long your Next_Trade will only fire a long if you are > than your last long. If the moving average changes to show a short entry, a short is placed, and will only fire a short if you are < your last short. The long and short trade cycles operate independently from one another, except for when a close all situation is met.

Due to market being currently closed I have included a back test to illustrate this concept. Not by any means done tweaking this idea, but have a look at the report, and give any feedback.
Attached Images
File Type: gif Phantom 4r.gif (10.0 KB, 238 views)
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File Type: htm Phantom 4r.htm (323.0 KB, 30 views)
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