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ForexScotty replied Feb 25, 2021Thank you! I think the secret is limiting the number and size of the grid to when a sequence loss eventually happens, it will not blow the account. Plus, if you withdraw money on a regular basis, you can actually enjoy it and not go for the HUGE ...
Gamblers Dream 2.0 EA
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ForexScotty replied Feb 25, 2021Since the back tests of this thread pertain to an initial version before adding the hedging model, I am starting a new thread to avoid confusion. url
Martingale Madness
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Gamblers Dream 2.0 EA
Started Feb 25, 2021|Commercial Content|52 replies
A Hedging, Martingaling, Gridding kind of EA. So, I have been playing with the dreaded ...
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ForexScotty replied Feb 25, 2021EA mechanics seem to work properly. Adjusted Risk to aggressive mode .01 per $1000 of account balance and changed TE date to start today. In the event of a sequence fail, should to about 18-20% loss. The question will be, does the algorithm generate ...
Martingale Madness
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ForexScotty replied Feb 24, 2021Created a new Hedging model. Will adjust TE to 2/25/21 tonight. Closed all active trades in the process
Martingale Madness
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ForexScotty replied Feb 7, 2021Going back to my Gambler's Dream Algorithm. Targeted trades based on Price Action and Price History with Martingale recovery. image
Martingale Madness
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ForexScotty replied Jan 15, 2021Well, after a week, I am not impressed with the Martingale. My Martingale is on the right, when my personal trading is on the left. I think Ill just stick with the one on the left. But, I'll let it run and see what happens. image
Martingale Madness
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ForexScotty replied Jan 1, 2021Based on this information, there should be a minimum of 2x Equity and Drawdown in the account to ensure 8 trades can be covered for at least 2 pairs that go into draw down at the same time. image These tests show us the possible risk. Now, we have ...
Martingale Madness
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ForexScotty replied Jan 1, 2021So, I took all of the strategy tester data and placed it on a spreadsheet. I then highlighted any trades that took 7-8 trades to recover. I wanted to see if trading 15 pairs on a single EA on same account would over leverage the account if more than ...
Martingale Madness
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ForexScotty replied Dec 31, 2020Phase 1 complete. 21 Pairs tested on latest version with Martingale. Number of consecutive losses / Win Percentage image I am choosing the pairs in green that each went through 3 years of trading without needing 8 trade iterations to recover. That ...
Martingale Madness
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ForexScotty replied Dec 31, 2020NZDUSD image AUDUSD image AUDCAD image EURGBP image AUDJPY image
Martingale Madness
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ForexScotty replied Dec 31, 2020EURCAD image EURAUD image EURUSD image GBPJPY image GBPUSD image EURNZD image GBPCAD image GBPNZD image USDJPY image NZDCAD image
Martingale Madness
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Martingale Madness
Started Dec 31, 2020|Commercial Content|26 replies
So, I have been playing with the dreaded martingale for several years now. Tons of blown ...
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ForexScotty replied Mar 12, 2020Took a major hit Monday with the market fluctuation on Saudi oil announcement. But, only took a few days to recover nicely on signal account. Other account had just moved MM to .02 lots, and now recovering a .01 lots. But same for same behavior very ...
New EA - Faith Based Trading
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ForexScotty replied Mar 8, 2020Seems backwards to me. If i am a professional trader, people should be coming to me to trade their accounts. What is the value to me? What do i gain from a service like this?
FOREX TRADERS WANTED - Trade our company's capital.
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ForexScotty replied Mar 7, 2020Poll added. As this proves its validity, i want to answer questions of the type of interest people have. Whatever solution I offer, or maybe all 3, the value has to go both ways. And i can determine based on interest if i should invest in developing ...
New EA - Faith Based Trading
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ForexScotty replied Mar 7, 2020EA fully automated (except position sizing) and Signal started based on the Faith Based Trading TW account. Recommend watching for awhile before jumping in. But at least it is there from the beginning for all to see. Win or Lose. url image
New EA - Faith Based Trading
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ForexScotty replied Mar 6, 2020Now, if an account doubles every month, at what point do the brokers start pushing back? Make them partners? Limit the trade size and withdrawals to a certain level to not impact their business plan? Could be an interesting challenge. Any thoughts ...
New EA - Faith Based Trading
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ForexScotty replied Mar 6, 2020No complaints for this weeks's trades. Have a great weekend!
image New EA - Faith Based Trading
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ForexScotty replied Mar 5, 20202 Live accounts and multiple demo accounts across several brokers looking for discrepancies. 1st Milestone moving forward = to double live accounts 2nd Milestone moving forward = $100 to $10,000 and see how long it takes.
New EA - Faith Based Trading