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Thread: Martingale Pyramid EA

  1. #1

    Default Martingale Pyramid EA

    Hi Funyoo,

    Could you help me on this "impossible" one?

    Enter long or short, randomly or on MA cross, with "X" lots.
    If price goes against us "X" pips, add another position with n factor over previous X lots, and so on (loop) until 20 positions.


    Raw example:

    Enter 0,10 lots randomly or at MA cross
    If price goes against us 50 pips add another position at 0,20 lots
    If price goes against us another 100 pips add another position at 0,40 lots
    If price goes against us another 200 pips add another position at 0,80 lots
    If price goes against us another 400 pips add another position at 1,60 lots
    If price goes against us another 800 pips add another position at 3,20 lots
    If price goes against us another 1600 pips add another position at 6,40 lots
    ...


    Close all positions when we have "X" pips profit or X% profit of account balance.
    If possible, TP is alway visible (except if disabled)

    Regards,

    LV
    Last edited by Lordvader; 11-11-2009 at 15:20.

  2. #2

    Default

    I think I've seen this strategy before. It's got potential. Actually I was thinking of this guy
    My 1st EA.....Aww bless - Page 11 @ Forex Factory

    I think they just use anything for entries then martingale until they get a win. Just need an entry that never loses more than say 3 times in a row.

    Oh and SL needs to equal or be less than TP.

    thanks

  3. #3
    Administrator funyoo's Avatar
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    Default

    Hi Lordvader,

    Here is the expert.
    Attached Files Attached Files

  4. #4

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    Quote Originally Posted by funyoo View Post
    Hi Lordvader,

    Here is the expert.

    Hi Funyoo,

    Thank you very much, that's *****
    There is only one thing, in forward test, the EA opened 6 positions, and only closed 4 of them, but I would like it to close all 6 positions at the same time with overall profit. Could you correct this?

    Regards,

    LV

  5. #5
    Administrator funyoo's Avatar
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    Quote Originally Posted by Lordvader View Post
    Hi Funyoo,

    Thank you very much, that's *****
    There is only one thing, in forward test, the EA opened 6 positions, and only closed 4 of them, but I would like it to close all 6 positions at the same time with overall profit. Could you correct this?

    Regards,

    LV
    Hi Lordvader,

    Try this version.
    Attached Files Attached Files

  6. #6

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    Quote Originally Posted by funyoo View Post
    Hi Lordvader,

    Try this version.

    Hi Funyoo,

    Sorry, but the less profitable of all open positions (when at least 4) still doesn't get closed.

    Regards,

    LV
    Last edited by Lordvader; 11-13-2009 at 00:09.

  7. #7

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    The one order does hang... If Funyoo doesn't get the quick fix I'll try to look at it over the weekend..... I've made tons of $$'s using this strategy MODIFIED to include proper lot size , risk management and additional qualifiers...... Check out Frank_ud, it is your basic strategy but goes long and short....(if your broker allows....) for extra profit....Also look at Ilan......Blessing and Nanningbob for hints...tread cautiously...do your homework or you'll be doomed...A respectable long term profit is real money..overnight LOTTO win isn't...
    Last edited by BillR; 11-13-2009 at 03:13.

  8. #8

    Default

    Quote Originally Posted by BillR View Post
    The one order does hang... If Funyoo doesn't get the quick fix I'll try to look at it over the weekend..... I've made tons of $$'s using this strategy MODIFIED to include proper lot size , risk management and additional qualifiers...... Check out Frank_ud, it is your basic strategy but goes long and short....(if your broker allows....) for extra profit....Also look at Ilan......Blessing and Nanningbob for hints...tread cautiously...do your homework or you'll be doomed...A respectable long term profit is real money..overnight LOTTO win isn't...
    Thanks BillR!

    Any help would be precious.

    Regards,

    LV

  9. #9
    Administrator funyoo's Avatar
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    Quote Originally Posted by Lordvader View Post
    Hi Funyoo,

    Sorry, but the less profitable of all open positions (when at least 4) still doesn't get closed.

    Regards,

    LV
    Hi Lordvader,

    What is your broker ?

    I don't get this issue in Alpari forward test.

    Quote Originally Posted by BillR View Post
    The one order does hang... If Funyoo doesn't get the quick fix I'll try to look at it over the weekend..... I've made tons of $$'s using this strategy MODIFIED to include proper lot size , risk management and additional qualifiers...... Check out Frank_ud, it is your basic strategy but goes long and short....(if your broker allows....) for extra profit....Also look at Ilan......Blessing and Nanningbob for hints...tread cautiously...do your homework or you'll be doomed...A respectable long term profit is real money..overnight LOTTO win isn't...
    No problem, don't hesitate to modify a code if needed.

  10. #10

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    Quote Originally Posted by funyoo View Post
    Hi Lordvader,

    What is your broker ?

    I don't get this issue in Alpari forward test.



    No problem, don't hesitate to modify a code if needed.

    Hi Funyoo,

    I'm testing it on Alpari (US) - EurUsd M15

    Regards,

    LV

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