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  #521 (permalink)  
Old 08-07-2007, 01:43 PM
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Quote:
Originally Posted by master001 View Post
Hello

Can davidke20 or other testers here write some final conclusions?

What is the biggest problem?


master001
Oh well, martingale just wont work. It took me lots of effort since V12, beta1, beta2, beta3 right until RB26. All screwed up. The reason behind all screw up is, when market tend to make a giant trend of 300pips, I guess there is no survivors left for any martingale EA can survive. May be there is a way, but definitely not the skul of V12, RB26 this sort of super cost averaging EA. When market are behaving, it can flood your pocket very fast, and it only take 1 trend change, your entire account will screw up. But I'm thinking of, if the EA can open a trade without stop loss, and the next trade trigger with proper indicator's signal, we continue stack up the losses while collecting the winners, whenever there is a chance the market come back to the price, or retrace till certain point that the entire account equity is up to certain percentage, with cost averaging technique we should have close all the trades this time. Dont know whether you guys understand what am I sayin.

Regards

David
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  #522 (permalink)  
Old 08-07-2007, 02:26 PM
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Originally Posted by davidke20 View Post
Oh well, martingale just wont work. It took me lots of effort since V12, beta1, beta2, beta3 right until RB26. All screwed up. The reason behind all screw up is, when market tend to make a giant trend of 300pips, I guess there is no survivors left for any martingale EA can survive. May be there is a way, but definitely not the skul of V12, RB26 this sort of super cost averaging EA. When market are behaving, it can flood your pocket very fast, and it only take 1 trend change, your entire account will screw up. But I'm thinking of, if the EA can open a trade without stop loss, and the next trade trigger with proper indicator's signal, we continue stack up the losses while collecting the winners, whenever there is a chance the market come back to the price, or retrace till certain point that the entire account equity is up to certain percentage, with cost averaging technique we should have close all the trades this time. Dont know whether you guys understand what am I sayin.

Regards

David
A few month ago, someone tested V12 or RB26 with a pipstep of 50 hedged and had good results. I tried to find his post but couldn't (I think it was on 10.3 thread).

The suggestion you're making looks like grid trading. I worked a lot on MakeGrid and Bolltrade last year but I stopped as I had the same problem. Maybe safer settings would have worked. I don't know.

Thierry
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  #523 (permalink)  
Old 04-02-2008, 06:34 AM
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Quote:
Originally Posted by davidke20 View Post
Oh well, martingale just wont work. It took me lots of effort since V12, beta1, beta2, beta3 right until RB26. All screwed up. The reason behind all screw up is, when market tend to make a giant trend of 300pips, I guess there is no survivors left for any martingale EA can survive. May be there is a way, but definitely not the skul of V12, RB26 this sort of super cost averaging EA. When market are behaving, it can flood your pocket very fast, and it only take 1 trend change, your entire account will screw up. But I'm thinking of, if the EA can open a trade without stop loss, and the next trade trigger with proper indicator's signal, we continue stack up the losses while collecting the winners, whenever there is a chance the market come back to the price, or retrace till certain point that the entire account equity is up to certain percentage, with cost averaging technique we should have close all the trades this time. Dont know whether you guys understand what am I sayin.

Regards


David
Hi,

For me martingale is good enough when playing with live account 5K with cent trading. I have 5K akaun of martingale ea with no indicator on ibfx micro account and now its 2.2K in profit. .....

The account ON 24hour non stop and manage to get out when GU make so trending on that day.

Anyway, for me martingale is still good money management but required BIG account
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  #524 (permalink)  
Old 04-02-2008, 07:12 AM
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Quote:
Originally Posted by azam575 View Post
Hi,

For me martingale is good enough when playing with live account 5K with cent trading. I have 5K akaun of martingale ea with no indicator on ibfx micro account and now its 2.2K in profit. .....

The account ON 24hour non stop and manage to get out when GU make so trending on that day.

Anyway, for me martingale is still good money management but required BIG account
I'm glad you're happy with it. I wish you continue success.

Regards

David
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Old 04-02-2008, 07:47 AM
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Originally Posted by davidke20 View Post
I'm glad you're happy with it. I wish you continue success.

Regards

David
Thanks David. Interested to try Trend Chasing EA.....PM me....
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  #526 (permalink)  
Old 04-04-2008, 07:10 PM
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Originally Posted by master001 View Post
Hello

Can davidke20 or other testers here write some final conclusions?

What is the biggest problem?

master001

The biggest problem is that martingale doesn't work. I guess if you like trading pennies, that's ok. Better suggestion is learn how to trade instead of relying on martingale.
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