Martingale EA - Page 34 - Forex-TSD

ajk · #**331** (**permalink**) 02-02-2008, 07:30 PM

The programming can be challenging to allow in a martingale. -- I have not reviewed this ea yet... are your orders are individually closed? if so, it is doable.

wolfe · #**332** (**permalink**) 02-02-2008, 07:41 PM

Quote:

Originally Posted by lcfxtrader

Wolfe,

Let me know when you are up to the task on the correlation grid ea.

LCFX

O.K.

wolfe · #**333** (**permalink**) 02-02-2008, 07:44 PM

Quote:

Originally Posted by ajk

The programming can be challenging to allow in a martingale. -- I have not reviewed this ea yet... are your orders are individually closed? if so, it is doable.

TFX v1_5 has a Double_Lotsize option in the external variables. Select true if you want each lot size double the previous order.

Pretty risky to do this though.

ElectricSavant · #**334** (**permalink**) 02-02-2008, 09:19 PM

wolfe,

read the reply you quoted...the word was DOable not double..

ES

Quote:

Originally Posted by wolfe

TFX v1_5 has a Double_Lotsize option in the external variables. Select true if you want each lot size double the previous order.

Pretty risky to do this though.

ajk · #**335** (**permalink**) 02-02-2008, 09:29 PM

You can probably change the 2 to 1.5 on the lot size.

wolfe · #**336** (**permalink**) 02-02-2008, 09:37 PM

Quote:

Originally Posted by ElectricSavant

wolfe,

read the reply you quoted...the word was DOable not double..

ES

Woops! You're right!

Well to answer the actual question:

TFX closes all the orders in a close all loop. Such as this:

PHP Code:


			
int CBM(int intMagic)//CloseByMagic

{

int intOffset=0;

int Count = OTBM(intMagic);



while(OTBM(intMagic)>0 && Count > 0)

{

OrderSelect(intOffset,SELECT_BY_POS);

if(OrderMagicNumber()==intMagic)

{

if(OrderType()==OP_BUY) OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(),MODE_BID),999,Red);

else if(OrderType()==OP_SELL) OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol(),MODE_ASK),999,Orange);

Count--;

}

else {

intOffset++;

}

}

return(0);

}

Don't know if that's exactly what ajk was asking, but that's how the EA closes orders.

ajk · #**337** (**permalink**) 02-02-2008, 09:50 PM

Martingales when they hit the tp usually combine a bunch of open orders and close them and "tie them together:. Ea's like bilksem for example
allowes the orders to be managed individually. The weekness of martingales, is basically what you described... letting your profits run. I like this type of ea.. .I just don't know yet on what to do with it.
Also, with Bilksem or with an ea like predator,,, it was only a martingale on the negative after the entry. This is a positive.
These martingales are "beast" and typically blow out---its just the way it is. ..You always have a loser and it goes against you so somehow you have to entend your wins. The programming of that is very, very hard.

wolfe · #**338** (**permalink**) 02-02-2008, 09:50 PM

Another back test to illustrate the implementation of a trailing stop used to close the cycle.

In this test after your profit was >= $10.00, a trailing stop was initiated, and would close all orders if you lost more than 50% of your HIGHEST total orders positive profit.

Should be fun to test, still have some work to do.

Notice the HUGE draw down spike towards the end.

ElectricSavant · #**339** (**permalink**) 02-02-2008, 10:26 PM

I do not mean to be a downer here...I have toi first find something that goes positive to EVEN consider a TS..

I like the indicator dependent entry idea better..

ES

Quote:

Originally Posted by wolfe

Another back test to illustrate the implementation of a trailing stop used to close the cycle.

In this test after your profit was >= $10.00, a trailing stop was initiated, and would close all orders if you lost more than 50% of your HIGHEST total orders positive profit.

Should be fun to test, still have some work to do.

Notice the HUGE draw down spike towards the end.

ajk · #**340** (**permalink**) 02-02-2008, 10:30 PM

well, you put a lot of work and time into it. so.. kudos for everyone ... I think you have somewhat of a winner... to early to tell however as like I would preach... the martingale is death trap. please shar if you get that ts to work.
the indicator entry is better. not that hard to modify what is there. Good entries are always hard to comeby.