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To Styex's point I will say this. The bigger the timeframe one uses to monitor regressions to the mean the better the performance of a martingale EA when reversing.
For instance if you put a 5EMA based on the high and the low on a 4 hour chart, you will notice as price runs up quickly and the candles (I prefer these over bars) are long, you will notice that a gap forms between the two moving averages as price continues to rise or fall.
When using other indicators such as RSI, CCI or even Stochastics you can to a reasonable degree find when the regression will occur (change settings of oscillators to suit your needs). The more the gap lasts due to the force of the move the better the retracement.
Typically the gap between the moving average and the opening price that forms when the new candle opens provides the best clue to mean regression.
whilst messing with 10p3 i got it to reverse each trade, buy sell buy sell
interesting results
called it 10p3pingpong
hallo BenScoobert thank's for your constribut but i have been try and i got error Order end error 130, i use default setting, thank's i'll wait you explain
hallo BenScoobert thank's for your constribut but i have been try and i got error Order end error 130, i use default setting, thank's i'll wait you explain
nice stats benscoobert, looks like you are running several pairs. does anyone have experience with martingale/hedging, eg. 10points3 going only long on eurusd and usdchf (inversely correlated pairs) at the same time so when one is being drawn down, the other will normally be profiting
http://www.forex-tsd.com/238129-post3883.html
Use multiplier = 1.5 (instead 2, too dangerous) and TP 50 instead. For general rule, when I use multiplier 1.5, I get the pips multiplied by a factor of 1.7 or above to get the optimum TP.
Hi , Marcelcorzo
Which Martingale EA setting you are talking about ?
Can share with me the Link of Martingale EA you are talking above.
Martingale EAs
Linear Mode
