Hi everyone,

I want to try to trade with martingale system without any indicator.

My goal is having 2 martingale systems (one for buy one for hedge) for the same currency but without any indicator at all.

Why ?

I want the opening of the trades without waiting some event (MACD, RSI,..etc) and i think that one of the problems of martingale is marging call, so i want 2 EA for hedging.

I already tried to do it (by changing magic numbers, by changing input windows (only long or only short)..etc) on these EAs :

- different versions of Maji's cost average EA's
- 10 point 3, Goblin, GoblinFibo , and all the hybrids of these EAs

The problem is that usually the hedging trades don't open at the same time (even if i try to change the TimeFrames of the 2 charts for same currency).

And i want this :

At same time (for the beguinning) the 2 EA open their trade (1 long, 1 short) and after that are living they martingale's life.

If you can add in the EA the option of which kind of increasing is using (2 times the previous trade or Fibo progression or 1,667 or...).

And one thing i saw in some EAs (but i don't remember where) is that the EA check that it succeed to open the position (big concern in news when the price is changing so quickly and people doing trades at same time) and if not the EA order the trade again and again till success.

I already tried to change Goblin, 10 point3 and other to do that (trading without any indicator and only in one direction) but i didn't succeed.

So please help, i think it can be a good (and easy) way of trading.

Cijas

Essayez l'E.A de Seb " Xor 5 " il démarre tout de suite et after il y a la martinguale comme 10Points3
Amitiés Yves

Try SEB'S E.A " Xor5 " it(he) starts at once and after there is a martinguale as 10Points3
Friendships Yves

no more hedging for me... good luck on your future discovery. 10point3 is working fine with proper stop loss and the best indicator(S) and entry descreetion rule currently. the hedging, i've tried all my best and may be you could make it more advance. yu're either looking at:

this

or

this

for the 10point3 hedge, my demo account still surviving until today. the demo login on the 1st thread, its still working on my server. you can have a look at it and decide whether wanna continue the research on hedging martingale. for my experience with these hedging on martingale more than a month, most of the time it work and make some good money, then took a big hit, restart the entire hedging again. i dont think my live account are meant for restart a hedging process over and over again. therefore i abandon this idea already. the best hedging so far is Phorex Phreak's - Porno Star EA and Bluto's - Goblin Bi-Polar. if you decided to move forward with hedging, i'll try to help you up on the side. good luck

regards,

david

coucou Yves !

Je connais Xor 5 et je le teste en ce moment mais ce n'est pas exactement la même chose.

Il y a bien des indicateurs sur Xor 5 (contrairement à ce que je veux) et les règles sont un peu différentes des systèmes de martingales basés sur le cost averaging system de Maji ou les 10 points3 du site "el cactus" (site d'origne de l'EA) puisqu'au dire même de Seb(astien ?) il n'y a pas un TP réel mais en fait l'EA surf sur le trend puis clos le trade si il ya inversion du trend.

Ceci dit je vais (en plus de ma demande que je maintiens) tenter de mettre en parallèle deux Xor 5.

Hi Yves (i spoke to him in french cause both of us seems to be french) !

I know Xor 5 and i forward text it but it's not exactly the same thing that i ask in "my" project of EA.

As i know there are still some indicators in Xor 5 (contrary to what i want) and the rules are different than those of "cost averaging system" of Maji or the 10 points3 (and brothers) of "el cactus" (the original site).

If i am not wrong Seb (the author of Xor5 who seems to be french too so i guess Seb is the first name Sébastien) said that his EA don't close the trade at a fix TP but "surf" on the trend till a breakout and a countertrend occures.

But anyway i will try to attach 2 Xor 5 (one with long only, the other with short only) to 2 charts of the same currency to see what happen.

But i still keep on my first ask for an Ea as i described in post 1

Hi David,

I used Goblin, GoblinFibo, GoblinFibo options, Teminator, Jugulator, DLM, Goblin bipolar and its mods...etc.

I was really disapointed of goblin bipolar because when i read Bluto's posts i thought it would open 2 oposite orders at the same time and with the martingales rules of goblin : and it's that at all.

Even with doing 2 goblin or other in same pairs, usually they don't open trades at same time.

What i want i an Ea which only buy (with martingale rules) and one other which only sell (with martingale rules) and this automaticaly, without waiting some move in MACD,RSI, increasing or decreasing of the candel...etc.

I also tried different versions of 30 pips EA but i lost many $ (on a little account) and same with an other Ea named "Avalanche" which i found in forexfactory forum.

I would like to test Porno EA but i know it depands of forex phreak and i don't know if i can help him (i ma not a coder).

Use terminatorV2.0 , put on 2 different chart with different magic number. 1 with reverse condition 1 another with 0. select OpenOrdersBasedOn 1 by using Pivot. It will work exactly what you want. long and short at the same time. because when price above pivot, it will open long. or you want 1 EA to open long and short at the same time

which is the procedure as below:

long 0.1 short 0.1
long 0.2 short 0.2
long 0.4 short 0.4
.....................................etc without closing the profit but double the loss?! if that is the case, you're doing something exactly like the MT4 30pips system. I'm not trying to put you down, but I think you need more understanding on how martingale works.

regards,

david

Hi Cijas

I have tested this system since the begining of this year. Unfortunately the results are bad!
The problem appears when the price makes a big move in one direction.
Both EAs are opening 0.1 lots (one long and the other one short) at the same time.... but when there is a big move, one EA will close its 0.1 position in profit while the other one will keep open bigger and bigger positions.
If the price is going up very strong you'll end up with a large amount of shorts and only 0.1 long. That's not proper hedging.
I have tried with SL and without any SL. Backtesting results are incredible (because they aren't real) 2500 to 14 millions in 2006 on EURUSD.

The mechanics of opening a buy and a sell order simultaneously is easy to do in an EA by simply performing two OrderSend() options successively, one for the buy and one for the sell. You'd potentially have to resynch the initial hedge alignment to account for any differences in slippage and spread between the two orders. None of the existing 10Point3 clones are designed to do that. There's still two remaining issues though:

1. In the absence of indicator signals, what price event would you use to determine where/when to issue the two orders?

2. What logic/mechanism would you use to track the two orders to determine when you'd terminate one of the opposing orders in order to profit from the other?

I thought that kind of example :

situation 1 : only one martingale EA without hedging technique

It's all about martingale : it can work (it work) but it can blow out your account (i had a lot of orders stoped out by FXLITE in my real trading because of marging call).

Situation 2 : 2 martingale EA (one for buy one for sell and without indicator to make the entry --> i open Metatrader with the 2 EA and they open 1 long and one short at same time). Of course there is one with more lots (the one wich is in contrary of the trade) so the hedging isn't perfect but the marging required is less than with only one martingale EA.

To the exit side of the trade each Ea leave when it is in profit its own profit (
as they are independant)

example :

"Long EA" is in the trend so 0,1 lot reach the TP ---> close trade and open a new long one.

Same time "Short EA" is contrary to trend so there's 2 trades opened 1 of 0,1 and one of 0,2.

Before Long EA close in profit there are 3 trades (0,1 long and 0,3 short) but only marging required for 0,2 lot (0,3 - 0,1).

Is it foolish ?

take a look by yourself

Login : 383440
Password : x0zkexp
Server : NorthFinance-Demo

hopeless hedging on martingale