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Quote:
Convergence and Divergense that always have a false signal is a *****ie thing for a manual trader, but not for a martingale robot. FALSE SIGNAL is the BEST SIGNAL for martingale, because you purposely make some opposite direction trade. Imagine this, if you have a martingale system with 99% accuracy, you start trading with 0.1lot, making 99times correct direction with 40pips TP. You're now +$3600. You will just need 1 losser to wipe out your profits. 0.1 -50pips -$50 0.2 -45pips -$90 0.4 -40pips -$160 0.8 -35pips -$280 1.6 -30pips -$480 3.2 -25pips -$800 6.4 -20pips -$1280 Dynamic stop lossed - You're down $3140!!! Bare this in mind, you need 99% accuracy to make a tiny little profit. Well, if you have indicator of accuracy of 99%, I would recommend you to make a 1 direction EA, rather than martingale. Use a static compound money management system to make it extremely profitable! Meanwhile, use your RISK MANAGEMENT!!! maintain drawback to incorporate in your money management, you're building a perfect robot in that case This is call artificial intelligent! Where I'm building it on PipButcher now. Dynamic-Dynamic stop loss. Look for suitable daily range to put stop loss, instead of stick to max trade 6. If 1st trade already at the wrong direction, it will not open the 2nd trade, because the stop loss is only few pips away, admit the stop loss(meanwhile, MACD already at the opposite direction). Guess what, the system will reverse trade NOW, your Max trade can never be hit in this case.Regards, David |
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Forward testing
Quote:
Using only EURUSD on a M30 TF and default settings. The trade opened immediately long so we will see what happens from there. Thanks for your interest and for providing this new EA for us to test. John |
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Forward testing
I have been running tururo's Dynamic Stop from page 18 since 11th January continuously in a competition with David.
This has been reported previously in this thread and elsewhere but I have decided to post my results here to date. John |
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