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Cookies Maintenance. The rules are that they either have to be non whatsoever, or only slightly like levels of marti max , with proper stop losses in place. Thanks kindly. TakeProfit is the number of points needed for closing the series of trades; i. This parameter should not be too large because the main aim of the expert advisor is to close the series with a profit as quickly as possible and start a new one.
Drop closes positions automatically if the quotations leap. For the analysis, the CCI on M15 with the calculation period of 55 bars is used. To switch this function off, set an extremely high value, such as 10, RsiMinimum is the value of the lower border of the RSI the oversold area for opening selling trades. RsiMaximum is the value of the upper border of the RSI the overbought area for opening buying trades. MagicNumber is the unique number of the expert advisor.
Great expert advisor. Working live since january + % no martingale | Elite Trader
It helps distinguish between the trades opened by different advisors. MaxTrades is the maximal number of trades opened simultaneously. Set the maximal size of a series of orders based on your starting capital. UseEquityStop switches on the Stop Loss by equity. TotalEquityRisk : when the set percentage of a drawdown by equity is reached, all trades close automatically.
UseTrailngStop enables Trailing Stop for all orders. By default, the value is 10 and incorporated in the code. UseTimeOut closes positions after a certain time. Regardless of the financial result, all positions close if they remain in the market longer than set by the parameter. For the first test of Ilan 1. During the test period from January 1st, till January 31st, the expert advisor did not yield any remarkable results or astonishing profitability. Due to this, it needs not only testing but optimization. A change in the timeframe is also important. The result was decent, however, the relative drawdown was also rather large, which is characteristic of Martingale-based systems.
When I tried to get the maximum of the expert advisor, I customized certain parameters and got the following:. At the very beginning of testing, I had the impression that the logic of the expert advisor worked in some unexpected way. However, I figured everything out by the error-and-trial method.
To get such smoothly ascending charts, I had to switch off all loss-limiting instruments. With those instruments on, the charts were not as nice. What my complaints about and wishes to the expert advisor would be? I would like to have an instrument of regulating the RSI parameters - this could help to find better entry points. What is more, it would become possible to close the previous knees before opening new ones. As for the longevity of the expert advisor, it depends on the price dynamics only.
In other words, if the price is growing or falling incessantly while your position is the opposite, you have very little chance for long-term successful work. However, this is valid for any other trading system. So, before starting to use Ilan 1.
Ea Forex Hedging Martingale
Do not try to outplay the market, control your greed, and keep your blood cold. Download Ilan 1. In this review, we will speak about choosing a timeframe for trading. This is an important part of your trading strategy. The last week of May will not be a calm time. There is no exact day of the end of self-isolation in Russia and the quarantine outside it; neither we know what that outer world has become like.
This week, there is going to be much statistical data that may attract the attention of capital markets and a lot of geopolitical noise from the US and China, constantly angry with each other. Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website.
These cookies do not store any personal information. Thread: Good martingale ea. I am: Please select a category to choose from: - Cancel. Subscribe Subsribed 0. Good martingale ea Hello can some one please tell me any good martingale ea please if market goes pips on 1 side still i can be safe and my margin cant be wiped out please if any one knows it help me i am ready to pay also thanks. Thanks The author of this post trades with InstaForex. Remove Your Thanks.
2 users say Thank You to samekhanok for this useful post.
Fxnewboy , Unregistered 1. Subscribe Subsribed 1 willy,. I have one that is the updated version but I never test it on my live account, although its a good EA, you need to tweet the setting according to your needs. Good luck. Life is like riding a bicycle. To keep your balance you must keep moving. Thanks Decent earnings with InstaForex.
Originally Posted by Mats.
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Sign Up Here. Thanks Money works for you: open an account with InstaForex and earn! Thanks InstaForex is a reliable guide to the world of finance and investments. Martingale is not a good thing for a trader because you keep doubling your lot size until your position become profitable. But when you lose many times then you will lose your account very quick. Thanks Additional earnings with InstaForex. Unregistered 1. I will use the thank you martingale robot for learning to trade in my demo account and I hope that I can use the robot for scalping techniques that can benefit every day.
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