Originally Posted by scrambledem

sounds like a good idea, have you coded that idea into the EA you attached?
Ed

Originally Posted by roodstaart

Yes but if price does continue to decline after the sl of the sell was hit?
I dont think this is a good idea, this kind of trading can only lead to a dead account.

Originally Posted by scrambledem

yes but the idea was, if the SL was hit then the price should resume and make profit from the other open trades.

Originally Posted by roodstaart

Ok, I see, but how do we make a deal with the price that after hitting SL it will resume? If you know a way to do that you will be briljant.

Originally Posted by scalpmaster

This V1V2 EA is a martingale method and would not be complete unless an anti-martingale process is incorporated into it on top of the hedging process (Sometimes,the V1 or V2 hedging comes in a little too late).

Saw this idea at ET forum which would make V1V2 a 'better' EA if someone can integrate/program the idea into the attached latest V1V2 EA I could find.

Idea: Traditional pyramiding on your initial position tells you to adds to your position in smaller and smaller increments. But look what happens when I add to a position in a Fibonacci sequence on the ES(or forex pair) every 20 points/pips along with a Stop placed at 20 points/pips below the last purchase:

Qty, Price, Avg, Stop, Profit
1, 1400, 1400, 1380, ($1,000)
1, 1420, 1410, 1400, ($1,000)
2, 1440, 1425, 1420, ($1,000)
3, 1460, 1440, 1440, 0
5, 1480, 1456 1460, $2,000
8, 1500, 1474 1480, $6,000
13, 1520, 1492 1500 $13,000
21, 1540, 1511 1520, $25,000
...

PS: leave the original V1V2 running as it is but activate the anti-martingale part only when V1V2 takes trades in the opposite direction of that currency pair movement after a calculated number of pips from starting position (e.g, the equivalent stop loss number of pips of the above idea, 20pips).

After that, if the currency direction suddenly reverses by say 20 pips, the anti-martingale part would close all its own positions leaving only the V1V2 positions to close up the cycle as it goes further in that direction. However, if it reverses direction again by 10pips, the anti-martingale part has to be re-activated again.

This is just one approach to anti-martingale. Maybe someone can think of other better ways to the anti-martingale module part of the V1V2.

Originally Posted by scrambledem

I've finished my version and so far, where the account would of blown my addition makes a minimal profit after holding your money in a hedge until the price retraces.

It has a few parameters to be optimized so when i post it later, I hope someone will spend time to back test and optimize.

Originally Posted by scrambledem

I've finished my version and so far, where the account would of blown my addition makes a minimal profit after holding your money in a hedge until the price retraces.

It has a few parameters to be optimized so when i post it later, I hope someone will spend time to back test and optimize.