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Topic: safe martingale EA

Anyone know any martingale Ea that is safe from getting account blow blow up?
Many Martingale Ea that I know didnt take long before it burn the account.

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Re: safe martingale EA

said4182 wrote:

Anyone know any martingale Ea that is safe from getting account blow blow up?
Many Martingale Ea that I know didnt take long before it burn the account.

Try this EA Super Safe EA

Post's attachments

Super_Safe_EA_v1.ex4 48.23 kb, 58 downloads since 2015-02-07 

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Re: safe martingale EA

said4182 wrote:

Anyone know any martingale Ea that is safe from getting account blow blow up?
Many Martingale Ea that I know didnt take long before it burn the account.

Using proper money management can save the account when using the martingale type ea.

http://www.myfxbook.com/members/FutureG … te/1086526

Take Risk   Make A Mistake   Learn Something New
If You Like my share kindly hit the THANKS button. smile

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4 (edited by sgkrishn 2015-02-24 12:23:00)

Re: safe martingale EA

ok friends here you go the safe martingale EA (Forex Grid Trade - Slightly Modified_Krish) i have used before but nowadays i got my mind in manual trading its really boose you know lol

ok here is conditions
Advised to use it on cents account with 1000$ you can use starting lotsize .2
Pairs: EURUSD , NZDUSD, EURGBP

http://www.myfxbook.com/members/FutureG … te/1086526

Take Risk   Make A Mistake   Learn Something New
If You Like my share kindly hit the THANKS button. smile
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Krish Grid trader.rar 27.09 kb, 51 downloads since 2015-02-24 

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Re: safe martingale EA

guys above file is zipped by using winrar. i have attached the mql file along with .ex4 file you can use the default settings because i already modified it for safe drawdowns.
kindly use it on 1 min chart
thanks
krish

http://www.myfxbook.com/members/FutureG … te/1086526

Take Risk   Make A Mistake   Learn Something New
If You Like my share kindly hit the THANKS button. smile

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Re: safe martingale EA

You can share your suggestions here.
Preferred broker : Instaforex
Leverage : 1:1000
Use Swapfree Options

http://www.myfxbook.com/members/FutureG … te/1086526

Take Risk   Make A Mistake   Learn Something New
If You Like my share kindly hit the THANKS button. smile

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Re: safe martingale EA

since more than 3 years i didn't had the chance to find yet a martingale EA that can be safe.
those are not the EA's to let it run and go away from your trading station as you may have a a big minus surprise when get back.so after all this years tested a lot i still cant say martingale&safe ,those words just can't fit together.

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Re: safe martingale EA

Hi xperya,

Please kindly advise the time-frame and pairs to use with your "super safe EA V1". Thanks.

Can you please post your forward-testing results for us to see how safe it is? Also, with your best settings.

Thanks a lot

James

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Re: safe martingale EA

Hi sgkrishn,

About your above ea, if I want this ea to place each new trade after the price moves against it's trend for 45 - 50 pips, then, how to do it?

For any grid and martingale ea, if we really want to use it safely, we should let it place a new trade when price moves against it for at least 45 - 50 pips in order to reduce the max and relative drawdown. Remember that the main trend can move against the ea's trade for 500 pips or maximum 800 pips before any big retracements can happen at this current market condition.

Just look at some major pairs related to euro and pound and we can see it.

Thanks
James

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Re: safe martingale EA

jamesphuc wrote:

Hi sgkrishn,

About your above ea, if I want this ea to place each new trade after the price moves against it's trend for 45 - 50 pips, then, how to do it?

For any grid and martingale ea, if we really want to use it safely, we should let it place a new trade when price moves against it for at least 45 - 50 pips in order to reduce the max and relative drawdown. Remember that the main trend can move against the ea's trade for 500 pips or maximum 800 pips before any big retracements can happen at this current market condition.

Just look at some major pairs related to euro and pound and we can see it.

Thanks
James


hi guess you are asking about pip intervals(the distance between the orders) for that you will find this on inputs just change the value

extern double Lots = 0.2;
extern double MultiLotsFactor = 1.3;
extern double StepLots = 15.0;
extern double TakeProfit = 23.0;
extern bool UseTrailing = FALSE;

http://www.myfxbook.com/members/FutureG … te/1086526

Take Risk   Make A Mistake   Learn Something New
If You Like my share kindly hit the THANKS button. smile

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Re: safe martingale EA

Has anyone tested this EA on real or demo account? What is the maximum drawdown?

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Re: safe martingale EA

for any martingale strategy to work the accuracy of the trade hitting target must be 80-90 that hard to achive

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Re: safe martingale EA

you can try sure fire  or 100% grid ea Google it or go to forex factory and look for it there for the grid Ea u need a good account balance so that your available margin will accommodate longer swings

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Re: safe martingale EA

It's not too dangerous "martingale"? is it really Martingale SAFE ??? ^^

Tenez moi au courant ! big_smile

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Re: safe martingale EA

This is very good things for us to find a new martingale EA which really suite to me...

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Re: safe martingale EA

I am also founding a best EA which really best for me.... I will also try to understand which EA will works perfect to me...

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Re: safe martingale EA

This is very good things for us to find a new martingale EA which really suite to

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Re: safe martingale EA

Hi,

What do you think about my idea of using martingale:


No 1. )  Test very accurately the EA with good tick data to find the good settings for the following:

No 2.) Find an Emergency Stop level where the EA will give up and let the trades close. Off course this will make a loose on the account depends on the size of the Emergency Stop level

Criteria of Emergency Stop Level:

- If I search for a stop level that never occurs, my EA will be too safe and as somebody wrote here, my profit will be too low.
- If I search for a stop level that occurs too frequently then I will loose too much.
- But I I can find a good level, like where I expect to break once or twice in a year but I still can expect good monthly profit (ex. when in 2-3 months can recover the loss caused by the emergency stop) , then
it's possible to create a Martingale EA with

- Good average monthly profit.
- Guarantee not to blow the account.

What do you think?

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Re: safe martingale EA

And to continue my last post:

Do I see well that this EA does something similar I mentioned before:
http://www.myfxbook.com/members/fx_skil … bo/1274050

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Re: safe martingale EA

Objective - To be a part of a highly dynamic company where I could

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Re: safe martingale EA

there is no safe martingale ea. I have blown a forex account before.

Re: safe martingale EA

Agreed. There is no safe martingale EA. I have tried many and all of them have blown my accounts.

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Re: safe martingale EA

martingale is good ea for big capital account..it's really can make money

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Re: safe martingale EA

Martingale EA have to use with a good money management . If you can save today it does not mean you will save tomorrow . Actually, you are waiting your acc. blow up in the future.

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