View Single Post
  #6 (permalink)  
Old 03-12-2009, 03:05 PM
internetgrandmaster internetgrandmaster is offline
Member
 
Join Date: Oct 2007
Posts: 42
internetgrandmaster is on a distinguished road
High Accuracy

What many people dont realize is that this not a conventional martingale trading system

this trading system enters all its trades based on instruction from parabolic SAR not on "step" calculations , so when traditional martingale systems run into problem due to trend reversal this system does not initiate new trades because parabolic SAR wont issue new orders but when there is a slight corection or reversal the ea martingales the trade with a lot size adequate to guarantee overall profit and small risk ( some thing convetional martingale trading systems dont do)

Also you should understand that 60 percent of all trades are closed on first trade because many robots are based solely on parabolic SAR and they are partly successful

But this system is extremely successful because it isnt just a martingale system because martingale systems dont take cognozance of trend

it is a combination of traditional trading and martingale

further questions are welcome
also if you can help code this system , then you are also welcome
Reply With Quote