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Martingale, Anti-martingale, and Compounding 40 replies
Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply
Martingale Calculation EA (also reverse martingale) 3 replies
How to change this Martingale to Reverse Martingale ? 3 replies
Martingale vs. Non Martingale (Simplified RoR vs Profit) 1 reply
//Base ordersend //int res = OrderSend(symbol, OP_SELLSTOP, lot, price, MySlippage, sl, tp, comment, magic, exp, clSell); //NEW ECN ordersend int res = OrderSend(symbol, OP_SELLSTOP, lot, price, MySlippage, 0, 0, comment, magic, exp, clSell); if (res >= 0) { if (OrderSelect(res, SELECT_BY_TICKET, MODE_TRADES)) { OrderModify(res,OrderOpenPrice(),sl, tp,0,DarkRed); Print("SELLSTOP order opened : -------ticket # " , res ," ", OrderOpenPrice()); } Sleep(SleepOk); return (res); }
DislikedThere is one flaw in this system: Martingale
Martingale system has the inherent flaw such that, the odds will catch up sooner or later. You can delay this odd with larger account size - then again, you may end up with larger losses.
Yesterday, all yen pairs tanked continously upward. Short positions kept doubling until finally, you either croak or it gives you the needed retrace. I finally got the retrace. But what scares me is the huge lot size needed to pull it off - thus why the drawdown this time increased to 4%. But greater drawdown...Ignored