this is not valid for all martingale based system. It depends on initial capital, system logic and proper lot size adjustment
this is not valid for all martingale based system. It depends on initial capital, system logic and proper lot size adjustment
anyone still having much luck with this EA?
Here is demo results. works on EURUSD, EURCHF and AUDCAD. Not EURAUD
is there a version of this EA which has a trailing stop? Perhaps once the profit targit is reached, the EA can allow further movement in that direction to maximise profit?
A question for those who have had an EA similar to this one running for long periods.
I have slightly charged some of the settings of this EA so it's DrawDown runs at about 4%....Obviously to do so I have decreased lot size to 0.01 (without MM on) and made my PT 10 (100pips....works out a lot less due to the hedging and adding of lots as it goes). Backtest results since 1.01.09 on 5K account returned about $200 a month.
But because of this I could be in a trade for days. What happens if my VPS has a short shutdown then comes back on? Will I need to manualy trade out my positions or will the EA pick up from where it reconnected.
I'm about to go live with this EA with my hopefuly safe settings, being new to longer term EA's would like to know peoples experiances, especialy with the potential of having multiple positions open. Once running live I'll be glad to share my findings.
Thanks.
Last edited by Dono; 07-07-2009 at 08:45.
I test a version that I have to modify of Pipmaker and Piplite to inspire by Fapturbo my account am master key of 2000 has 6000$ in 1 month 1/2 it is in my signature
I have already to withdraw 2000 to be on with the case or
sorry for my bad english
i am french
Mon site test Ea en construction
http://www.bennyfacht-test-ea.com/
Test EURCHF
http://eanightdemo.mt4stats.com/
Test EURUSD
http://latintrader.mt4stats.com/
I test currently a version which will be soon to market if my test on long run are good
My backteste spends the two last years
sorry for my bad english
i am french
Mon site test Ea en construction
http://www.bennyfacht-test-ea.com/
Test EURCHF
http://eanightdemo.mt4stats.com/
Test EURUSD
http://latintrader.mt4stats.com/
Can someone please add a magic number to the EA in the first post?
Thanks
rptrader