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Thread: Reverse Martingale

  1. #1

    Default Reverse Martingale

    It has to exist, somewhere, it must.

    I could give you a list of 10 martingale ea's that draw down an account by atelast 5% every month even at conservative settings.

    Can we just reverse the logic? Give it good risk/reward for a change? I searched high and low for an ea that could do this, but of course, I cant seem to find it.

    The idea = tight stops, and use an add-on logic for winning positions as opposed to losing with a profit target defined by either account equity % of the basket or just far and away pip target.

    It must exist, I know I'm not the first person to come up with this idea, but for the life of me I cant find it anywhere.

    Every martingale ea I ever try has a floating equity value BELOW the balance line. How about putting that ON TOP for a change?

    The Ilan EA, pipstep rsi is a good example. I would rather have this thing 'nip away' at my account for 5 days in a row and surprise me nicely one day by blowing up my account (in a good way). In theory, it sounds good....logistics?

    Anyone? Thanks,
    Last edited by winias; 05-19-2009 at 01:15.

  2. #2

    Default

    Little reading....

    http://www.articlesbase.com/sports-a...em-439340.html

    Mathematically, it works......the issue is knowing when to stop (take profits). Trail this trail that and it should be okay. Or like I say a % of equity, whatever.

    The Breakout BSL EA, for instance, uses a reverse strategy that brings home a pile of cash at the end of the day simply becasue it had great risk reward. What can we do here?

    PS - apologies to funyoo I just read the conditions before submitting a request post....should have caught that earlier. Also might not be as much of a request as a spindle for ideas here. Thanks all.
    Last edited by winias; 05-19-2009 at 01:55.

  3. #3
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    Default Cluster indicator

    Hi winias,

    the math freaks are working on this, look here: Advanced Neural Network Software for Financial Forecasting and Stock Prediction

    I think it is possible to increase the lot size if the situation is near cluster (save signal) and decrease the size when the situation is far away from cluster (risky signal). But the logic behind is very heavy. The EA stat_euclidean metric seems to work like this.

    Regards

    Criss

  4. #4

    Default

    Quote Originally Posted by crissfx View Post
    Hi winias,

    the math freaks are working on this, look here: Advanced Neural Network Software for Financial Forecasting and Stock Prediction

    I think it is possible to increase the lot size if the situation is near cluster (save signal) and decrease the size when the situation is far away from cluster (risky signal). But the logic behind is very heavy. The EA stat_euclidean metric seems to work like this.

    Regards

    Criss
    Hi Chriss, I think you're mistook me, this isnt quite what I was referring to. I actually have neuroshell but for this type of system it wouldnt be necessary. Just simple risk reward fundamentals.....pretty basic system.

    Just reverse a basic martingale strategy and collect profits at optimized parameters.

  5. #5
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    Default

    i am also adding my voice to you winias
    i face this problem yesturday in yen crosses ( for me by chf/yen ) it keep going up without any chance to collect any profit or close at small lose
    the martingail ea need hedge for example from stage or level 5 or 6 ..... but not multiplay by 1.5 or 2 for lot coz the prevois lots should be conseder
    firest double = 0.05
    second = 0.08
    lot 3 = 0.12
    lot 4 = 0.18
    lot 5 = 0.27
    lot 6 = 0.41

    so we used 111 lot total without any chance to make any profit so we need to make hedge with total lose lots 111 multiplay with 2 or three to cover the losed lot before
    i hope funyoo to help us with it , i saw this issue for the hedge stage in terminator expert he made before but it need big hedge lot to cover the prevous losses.

  6. #6

    Default

    Martingale is a financial SUICIDE.
    I checked several strategies, and all grow over a period of time, until suddenly your account is wiped out completely.

    It is a mathematical and statistical fact. Sorry!
    FXCode Inc.
    Expert Advisor Developer

  7. #7

    Default

    Quote Originally Posted by FXCode View Post
    Martingale is a financial SUICIDE.
    I checked several strategies, and all grow over a period of time, until suddenly your account is wiped out completely.

    It is a mathematical and statistical fact. Sorry!
    I know this.....Thats why I'm saying REVERSE the system. I thought that at one point or another someone might have tried to make an ea like this but I havent been able to find one.

  8. #8
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    Default

    Quote Originally Posted by FXCode View Post
    Martingale is a financial SUICIDE.
    I checked several strategies, and all grow over a period of time, until suddenly your account is wiped out completely.

    It is a mathematical and statistical fact. Sorry!
    sorry this is not correct, 93% of all trades reaching max the 4th level in a sequence, 3% 5th level, 2% 6th level, 1% 7th level, i never see reaching the 9th level, i'm not sure but i think reaching the 9th level is 1:1.8 million percentage (math guys should say be clearer)

    so if you:
    - set max orders in a sequence to 5 then close in loss, you be save
    - trade less lot size and more pairs you have a perfect diversification
    - when you diversificate, and one pair is in loss others would be winner, rising your equity while the one is in loss
    - if you trade reverse and non reverse trades at the entry, one is always the winner at the first level, while the other is going the martingale sequence -> percentage!
    - if you trade your entries save, martingale would be also save (manual trading!)
    - martingale is a money management, if you trade with low risk (less lot size, more pairs) you be save
    - if you trade with high risk and one pair, you wiped once a day

    so i think it is possible to trade martingale (higher risk) or martingale style like d'lambert, fibo, paroli (medium risk)
    and yes your account size is important, trading with 1.000 usd martingale is nonsens, you need minimum 1.000 per pair (0.01)
    and for super high risk gambler, there is a super martingale system (1,3,7,21,63 -> percentage 93% 4th level!)

    95% of all forex traders are loosers because they think, you could be earn big money with 500 bucks

    just my 2 cents

    IX
    Last edited by ixbone; 05-20-2009 at 22:23.

  9. #9

    Default

    Hi IX,
    I agree with you...however trading multiple pairs using Martingale may stretch the resources too far, picking one good (predictable pair) may be better. Also it would be impossible to determine percentages reaching 1st, 2nd, 3rd etc without having actual history (and knowing distance between orders...) as to how many times in a given period of time a pair has gone XXX pips.... This info IS available and I've been working with it in Excel..... (Re. Your PM I'm finishing up a few changes and will send the EA to you soon)....BillR

  10. #10
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    Default

    Quote Originally Posted by BillR View Post
    Hi IX,
    I agree with you...however trading multiple pairs using Martingale may stretch the resources too far, picking one good (predictable pair) may be better. Also it would be impossible to determine percentages reaching 1st, 2nd, 3rd etc without having actual history (and knowing distance between orders...) as to how many times in a given period of time a pair has gone XXX pips.... This info IS available and I've been working with it in Excel..... (Re. Your PM I'm finishing up a few changes and will send the EA to you soon)....BillR
    Hello BillR:

    Although your comments above are two years past, I'd like to discuss with you your applications of progressions to EA's. Funyoo has been overtly kind and generous to accommodate my requests to include in the WPR MA EA thread the mm combinations of
    martingale, fib-martingale, and Alembert arrays with the options to run it traditionally following losing trades or set for following in reverse manner the winning trades. This is v1.03 in the thread. I have been exhaustively testing v1.01, 02 and 03 to attempt
    varying sets on the recovery method also included in both v1.02 and v.103. I believe to be profitable with a progression the basic fixed lot EA must be first profitable with the progressive mm used as an enhancement. Please either PM me here or email me at your convenience at jrcoleman007@yahoo.com. I'd very much like to post live results of a profitable EA from this Forum and FBO Funyoo and members.
    Thank you,
    Atlas1

    testing

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