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  #1 (permalink)  
Old 11-28-2008, 02:59 PM
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EA's with the least amount of consecutive losses that have a 1:1 risk to benny

Please post the EA's that meet this criteria...as I want to add a routine to it...to double the lotsize of the next trade after a loss....and just keep doulbing until it wins then we start over.

But the SL and the TP need to be even....and this needs to be a "simple single-trade EA" no multiple orders or grids and such...It needs to work with IBFX Mini accounts....

ES

We need three more EA's that I can add to these two below...
Attached Files
File Type: mq4 Universum_3.0.mq4 (3.3 KB, 140 views)
File Type: mq4 MoneyRain.mq4 (3.6 KB, 129 views)

Last edited by ElectricSavant; 11-28-2008 at 07:42 PM.
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Old 11-28-2008, 03:13 PM
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ES,

I don't know about lowest consecutive losses, but the EA Wolfe programmed awhile back will stop and reverse at a desired pip amount. I just started playing around with this again using 50 pips as the next trade level and doubling up until 50 pips net is reached. When you look at the ADR on the EUR/USD is > 200 it seems like you would eventually win. I running TFX v1_5 that can found here: http://www.forex-tsd.com/182432-post299.html starting with .01 lots on a standard account.

Best of luck,

Lcfxtrader

I just realized that 50 is set to a dollar amount and not pips. I need to see if Wolfe can add this.

Last edited by lcfxtrader; 11-28-2008 at 03:46 PM.
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Old 11-28-2008, 05:56 PM
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Excellent strategy. To get it to work consistently with minimal drawdown, you would need an ASCTrend EA that works. The ASCTrend EAs posted here may work with a little tweaking by developers, but I haven't found one that works for the average Joe yet. I'll try a few more, but so far they all need a little help.
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Old 11-28-2008, 06:10 PM
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PCBiz...I look forward to your posts...Thanks in Advance....now keep in mind some out there will call us crazy...but ok we can take it.... right?

ES


Quote:
Originally Posted by PC Biz View Post
Excellent strategy. To get it to work consistently with minimal drawdown, you would need an ASCTrend EA that works. The ASCTrend EAs posted here may work with a little tweaking by developers, but I haven't found one that works for the average Joe yet. I'll try a few more, but so far they all need a little help.

Last edited by ElectricSavant; 12-07-2008 at 11:50 AM.
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Old 11-28-2008, 07:00 PM
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Nice idea ElectricSavant and yes it may seem mad, but then again so did the light bulb.

Cheers

Beno
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Old 11-28-2008, 07:30 PM
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Beno,

Now all that we need is an EA!

ES

P.S. I trade Universum and MoneyRain this way from the MQL codebase... (put them on the EUR/USD m15 and use 35TP and 30SL with the DeMarker changed to 12 with a 1K IBFX mini acct. and 0.01) no indicator to download, this uses the stock library from mt4.

Universum 3.0 - MQL4 Code Base
MTS "MoneyRain" - MQL4 Code Base

Quote:
Originally Posted by Beno View Post
Nice idea ElectricSavant and yes it may seem mad, but then again so did the light bulb.

Cheers

Beno
Attached Files
File Type: mq4 Universum_3.0.mq4 (3.3 KB, 63 views)
File Type: mq4 MoneyRain.mq4 (3.6 KB, 66 views)

Last edited by ElectricSavant; 12-07-2008 at 11:51 AM.
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Old 11-28-2008, 07:32 PM
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Well Like Edison, actually I did not invent this...but I sure can improve it!

ES

1806 Humphrey Davy, an Englishman
http://www.unmuseum.org/lightbulb.htm


Quote:
Originally Posted by Beno View Post
Nice idea ElectricSavant and yes it may seem mad, but then again so did the light bulb.

Cheers

Beno

Last edited by ElectricSavant; 11-28-2008 at 07:50 PM.
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Old 11-28-2008, 07:47 PM
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lc,

I look forward to the Ea....Post it here with a set file and get the doubling feature added...

wolfe is going to kill me...

ES


Quote:
Originally Posted by lcfxtrader View Post
ES,

I don't know about lowest consecutive losses, but the EA Wolfe programmed awhile back will stop and reverse at a desired pip amount. I just started playing around with this again using 50 pips as the next trade level and doubling up until 50 pips net is reached. When you look at the ADR on the EUR/USD is > 200 it seems like you would eventually win. I running TFX v1_5 that can found here: http://www.forex-tsd.com/182432-post299.html starting with .01 lots on a standard account.

Best of luck,

Lcfxtrader

I just realized that 50 is set to a dollar amount and not pips. I need to see if Wolfe can add this.
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  #9 (permalink)  
Old 11-28-2008, 08:30 PM
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I find that shutting down on Fridays for the weekends & the Wednesday on NFP week...and on holidays weeks...increases the profit....but the thing is you simply need a high winrate together with a minimal string of losses to overcome the spread...I use a 35tp with a 30sl for this reason on Universum and Moneyrain....so it is really not 1:1 ratio...but the sl is always the same.....

IsESGamblingSavant

Here is an interesting article
What is Martingale and Is It Reasonable to Use It? - MQL4 Articles

Last edited by ElectricSavant; 11-28-2008 at 08:35 PM.
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Old 11-30-2008, 03:27 PM
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ES Here you go it's a copy and paste job but it's going to keep the brokers on their toes it's a combo between the universum 3.0 and a random entry EA

lol and it works.

have a play

cheers

Beno
Attached Files
File Type: mq4 Random Magic EA.mq4 (4.9 KB, 245 views)
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