Thread: Martingale EA
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Old 02-02-2008, 06:15 PM
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ElectricSavant ElectricSavant is offline
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Brilliant!

I suppose in the input area there could be a dropdown box for other indicator choices to be added at a later time...wolfe we will keep you busy!

The point being actually is to keep it "open architecture" in this new generation of wolfe EA's.... SMMEA..."Super Modified Martingale EA".

ES


Quote:
Originally Posted by wolfe View Post
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.
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Last edited by ElectricSavant; 02-02-2008 at 06:29 PM.
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