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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.
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.
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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
Krish Grid trader.rar 27.09 kb, 178 downloads since 2015-02-24
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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
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You can share your suggestions here.
Preferred broker : Instaforex
Leverage : 1:1000
Use Swapfree Options
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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.
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
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 Array. 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
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 Array. 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;
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