• Registered: 2012-07-12
  • Posts: 26

Topic: Martingale - reset after x number of losses

A feature request I would like to make is to be able to reset back to initial trade value after x number of losses (exactly like a profit would have just occurred). This would keep losses at a minimum when there a good number of consecutive losses.

2 Reply by nquental (edited by nquental 2014-08-09 10:48:05)

  • Registered: 2013-05-27
  • Posts: 292

Re: Martingale - reset after x number of losses

Never use martingales...

  • From: Germany
  • Registered: 2010-12-18
  • Posts: 148

Re: Martingale - reset after x number of losses

"ultplyr" has right. it could be a very good ideea to implement the martingale cancellation after x losing times.

  • Blaiserboy
  • Blaiserboy
  • Junior Part-Time Aspiring Space Cadet
  • Offline
  • From: Toronto
  • Registered: 2010-09-06
  • Posts: 2,841

Re: Martingale - reset after x number of losses

nquental wrote:

Never use martingales...


Martingale can be pretty lucrative with a correct approach. I have a couple ea's that do well with it. Position sizing has to be right.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Blaiserboy's Website

  • Registered: 2014-09-28
  • Posts: 12

Re: Martingale - reset after x number of losses

It happens that elaborated a strategy that includes "Martingale" but not open anincreasingly greater number of batches (for example, if the factor 4, first is 0.01 then 0.04,0.016, etc, making every so often repeated by example 0.64 twice, or not returning to 0.01lot, when the position is winning.

Was solved when I reload the MT4 platform, it is as if restart.

Another issue would be very useful temporary suspension of operations withprogrammable starting eg 1 hour and operate again, so would ignore the negative positions that are generated every 40 minutes.