Forex
Google
New signals service!

Go Back   Forex Trading > Downloads > Expert Advisors - Metatrader 4


Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time).
Click here to register and get more information

View Poll Results: you will use a martingale in live account?
yes 44 70.97%
no 18 29.03%
Voters: 62. You may not vote on this poll

Reply
 
LinkBack Thread Tools Display Modes
  #11 (permalink)  
Old 05-05-2007, 02:30 AM
wolfe's Avatar
Senior Member
 
Join Date: Jan 2006
Posts: 704
wolfe is on a distinguished road
Hello Pedro,

I developed and tested many systems like what you are looking for. This is what I found to be true:

A system like this works great in a strong trending market.

A system like this will blow your account in a flat market. It doesn't take long for your 0.1 lot to be 25.6 lots! That's only about 8 times that it switches from long to short doubling each time. You would need a huge account balance to sustain this.

Just something to think about.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #12 (permalink)  
Old 05-05-2007, 03:12 AM
pelele79's Avatar
Senior Member
 
Join Date: Mar 2006
Location: Venezuela
Posts: 315
pelele79 is on a distinguished road
Well, manually work in gbpusd and eurusd in diferent brokers time.

if the pipstep is too short you will open too much positions but if the pipstep is more wide you can avoid the flat market. and take advantage of the moves.

thanks

Pedro Echenagucia

Quote:
Originally Posted by wolfe
Hello Pedro,

I developed and tested many systems like what you are looking for. This is what I found to be true:

A system like this works great in a strong trending market.

A system like this will blow your account in a flat market. It doesn't take long for your 0.1 lot to be 25.6 lots! That's only about 8 times that it switches from long to short doubling each time. You would need a huge account balance to sustain this.

Just something to think about.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #13 (permalink)  
Old 05-06-2007, 11:29 AM
pelele79's Avatar
Senior Member
 
Join Date: Mar 2006
Location: Venezuela
Posts: 315
pelele79 is on a distinguished road
Please, anyone can help me with this code? it only need a chenge in taking positions. in this moment it only takes buys or sell in martingale progression. i need that it take intercalate positions unsing a enought wide pipstep to avoid the flat markets. Sorry for ask many times this, but believe me this expert will be very powerfull for all comunity. I trust very much in martingale progressions but it need a perfect money management.

Pedro Echenagucia







Quote:
Originally Posted by pelele79
Well, manually work in gbpusd and eurusd in diferent brokers time.

if the pipstep is too short you will open too much positions but if the pipstep is more wide you can avoid the flat market. and take advantage of the moves.

thanks

Pedro Echenagucia
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #14 (permalink)  
Old 05-06-2007, 11:14 PM
ajk's Avatar
ajk ajk is offline
Senior Member
 
Join Date: Dec 2005
Posts: 227
ajk is on a distinguished road
pedro

pedo, you should try elite. Worth alot to me. . Obviously, once you pay its should not be used as "freeware" or sold to people. Thats not how that works.

Last edited by ajk; 05-06-2007 at 11:18 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #15 (permalink)  
Old 05-07-2007, 12:10 AM
Banned
 
Join Date: May 2007
Posts: 4
Dr. Lemmy Kilmeister is on a distinguished road
People - avoid this greasey scumbag pele (Pedro) like the plague. Rumor in Fx circles has it that he styles his hair with bacon grease and lard. Anyway, this guy is the biggest scammer south of the border. He's just trying to steal ideas on how he can improve the same lame ass 10point3 martingale shite he's been selling to others on Ebay and elsewhere for rediculous sums of money. He uses doctored up backtest results to dupe people and newbies out of their money. This guy is in the Lowlife Hall Of Fame in the Fx world. You've been warned.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #16 (permalink)  
Old 05-07-2007, 12:30 AM
pooper scoopers's Avatar
Member
 
Join Date: Sep 2006
Posts: 50
pooper scoopers is on a distinguished road
Thumbs down

I have to agree with this one. I just went to his site and he is trying to charge $5,000 for an ea??????? This guy is nuts and anyone who would be dumb enough to pay $5,000 for a computer code is nuts too.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #17 (permalink)  
Old 05-07-2007, 12:49 AM
pelele79's Avatar
Senior Member
 
Join Date: Mar 2006
Location: Venezuela
Posts: 315
pelele79 is on a distinguished road
im not asking for money, im only ask for help, this help will help to all comunity. now you follow me. btw this little DR. have only 5 post and all are negative. for me he is nothing.

Pedro Echenagucia


Quote:
Originally Posted by pooper scoopers
I have to agree with this one. I just went to his site and he is trying to charge $5,000 for an ea??????? This guy is nuts and anyone who would be dumb enough to pay $5,000 for a computer code is nuts too.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #18 (permalink)  
Old 05-07-2007, 12:54 AM
pelele79's Avatar
Senior Member
 
Join Date: Mar 2006
Location: Venezuela
Posts: 315
pelele79 is on a distinguished road
Thanks for you advice, the idea is that the people that can make the change in the code post it here, and everyone can forward test with diferent parameters to find the best way to make money.

Pedro Echenagucia

Quote:
Originally Posted by ajk
pedo, you should try elite. Worth alot to me. . Obviously, once you pay its should not be used as "freeware" or sold to people. Thats not how that works.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #19 (permalink)  
Old 05-07-2007, 04:42 AM
bluto's Avatar
Senior Member
 
Join Date: Sep 2006
Posts: 630
bluto is an unknown quantity at this point
Hello Bluto. please see this thread http://www.forex-tsd.com/expert-advi...imization.html please if you can help me. i will thanks a lot, please if you do the change please post it in the thread above, thanks and best regards

Pedro Echenagucia


Here you go, man. Not sure what the design intention is with this method, but it does what you asked for. Doesn't seem to be profitable.

Attached Files
File Type: mq4 martingale.mq4 (5.3 KB, 57 views)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #20 (permalink)  
Old 05-07-2007, 10:27 AM
pelele79's Avatar
Senior Member
 
Join Date: Mar 2006
Location: Venezuela
Posts: 315
pelele79 is on a distinguished road
Thanks

Thanks Bluto, i will test and i will let you know if the system work like i want. thanks

Pedro Echenagucia


Quote:
Originally Posted by bluto
Hello Bluto. please see this thread http://www.forex-tsd.com/expert-advi...imization.html please if you can help me. i will thanks a lot, please if you do the change please post it in the thread above, thanks and best regards

Pedro Echenagucia


Here you go, man. Not sure what the design intention is with this method, but it does what you asked for. Doesn't seem to be profitable.

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Backtesting/Optimization newdigital Expert Advisors - Metatrader 4 463 Yesterday 06:43 PM
Phoenix optimization Prankie Phoenix 173 10-17-2007 07:24 AM
Optimization cpu usage, need help Big Joe Indicators - Metatrader 4 4 08-16-2007 10:46 PM
How do I use the optimization? huhenyo Metatrader 4 1 03-15-2007 08:39 AM
Optimization cardio Metatrader 4 1 01-25-2006 12:30 PM


All times are GMT. The time now is 01:32 AM.



Search Engine Friendly URLs by vBSEO 3.2.0 ©2008, Crawlability, Inc.