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#61 10-08-2012 13:57:02
Re: AWESOME: New forex hedging strategy! (ver. 2.0)
I test on EUR USD with a double martingale on an account of two thousand euros. I run EA on VPS Monday.
Chart 1 : initial deal 1 / distance 44 / TP 46 / SL 46 / Fixed lot 0.01 / Martin_koeff1 2 / Initial magic 123000
Chart 2 : initial deal 0 / distance 44 / TP 46 / SL 46 / Fixed lot 0.01 / Martin_koeff1 2 / Initial magic 123400
To avoid having too many open positions, the ideal would be to have an EA that doubles position each time and stop trading when the TP is hit. With TP 30 pips / SL 29 pips , distance between positions 30 pips.
An semi automatic EA in a way, the trader chose the best entry point and the EA managing the position.
With the current EA is not possible, because it does not double positions if the SL is less than the next position and it does not stop trading when the TP is hit.
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#62 11-08-2012 05:48:30
- sam14985
- Member
- Registered: 05-07-2012
- Posts: 19
Re: AWESOME: New forex hedging strategy! (ver. 2.0)
you mean to double martingale system?? right
same time two position one order buy and another order in sell....
i have ea i will send it to your email.......
just check it
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#63 11-08-2012 06:08:58
- sam14985
- Member
- Registered: 05-07-2012
- Posts: 19
Re: AWESOME: New forex hedging strategy! (ver. 2.0)
hey.....anyone ever tried HedgeMadness expert advisor......????
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#64 11-08-2012 09:32:59
Re: AWESOME: New forex hedging strategy! (ver. 2.0)
Yes, the double martingale, buy and sell at the same time it can take pips even when the market is in trading range. Because the danger of this strategy is a up and down of price in a small range. The most important thing is not necessarily profit, but the drawdown. EA should be optimized for minimum DD.
I do not know the HedgeMadness expert advisor, it is good?
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#66 11-08-2012 14:35:14
- johnedward
- Admin & Trader
- From: Paris - France
- Registered: 21-12-2009
- Posts: 3928
- Website
Re: AWESOME: New forex hedging strategy! (ver. 2.0)
Here's Sam's EA for the double martingale strategy: http://www.forex-central.net/download/2 … 281%29.zip
"Anything worth having is worth going for - all the way." - J.R. Ewing
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#67 11-08-2012 14:37:31
Re: AWESOME: New forex hedging strategy! (ver. 2.0)
Thank you for the double EA hedging ! It allowed me to understand that it takes at least 2000 for a lot of capital starting from 0.01.
If I do the same backtest with initial 1, EA loses, but with 2000 capital and 0.01 lot it gains.
I will stay on the simple martingale with 0.01 lot for a capital of 2000
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#68 11-08-2012 15:39:49
Re: AWESOME: New forex hedging strategy! (ver. 2.0)
The problem is that the account is dead after 10 positions. I am looking for optimization, but for now I'm not convinced. DD 55% ....
Double martingale with an account of 4000 and 0.01 lot in 2011
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#70 11-08-2012 20:37:15
- sam14985
- Member
- Registered: 05-07-2012
- Posts: 19
Re: AWESOME: New forex hedging strategy! (ver. 2.0)
hey thanks for results...same settings i used so many times....
anyway
today one thing come up in my mind....hedge distance level should be in zigzag form
like
first buy order at 1.00000
(distance 500 for second order)
second sell order on 0.99500
(distance 250 for third order)
third buy stop order on 0.99750
(distance 500 for fourth order)
fourth sell stop order on 0.99250
and so on and on......(may be benefit on if traders can identify the trend on daily base then it is good for them...otherwise it can run in any trend......)
so try it......
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