At current settings it can range from 90-150 pips.

My first FX martingale attempt

My current algo ( in my first post ) is based on 1min.

My first FX martingale attempt

agreed ( Observed the same )

My first FX martingale attempt

I have tried on almost every timeFrame you can think of ranging from tick data to 4 hour.

My first FX martingale attempt

Thanks mate , already explored ATR but will give it another go next week .

My first FX martingale attempt

Agreed with you mate. I have traded myself structured derivatives for an investment bank previously and vol of vol is the killer for such strategies. I have been working on it but so far mean reverting behavior of volatility is somewhat ...

My first FX martingale attempt

Turned ON Risky Martingale bot for another 600$ ( 10% ) target for this week ... Let's see !

My first FX martingale attempt

Thanks for the appreciation mate. You can find myfxbook link here -> url to see all the stats. My other related thread is here -> url Let's dominate this market !! ha ha kidding..be humble with this market

My first FX martingale attempt

FYI guys, currency strength bot with linear martingale is doing so far good in forward testing. 5% in 2 weeks ! image

My first FX martingale attempt

Hi Mark, it is valid till end of this month. So feel free to backtest/ forward test/ or even go live with it. I am not recommending anyone to do anything.

My first FX martingale attempt

I totally understand your point of view Lacunoid but i couldn't make it work with linear martingale(my currency strength bot is linear martingale though and currently under forward test). In perfect environment , one would want great entries without ...

My first FX martingale attempt

Appreciate your concern mate but i have limited martingale steps and thus my total risk. I am very well versed with the risks of martingale systems and this is my first attempt at them. ( I have been trading for more than 6 years now but mostly on ...

My first FX martingale attempt

yup but with manual interventions as i pointed out before.

My first FX martingale attempt

Thanks for the motivation guys !! I am already running risky version live on my account but getting chickened out and locking small profits ( 100-200$ per week ) instead of running it for atleast 10%(~500) per week. I think i will slowly get used to ...

My first FX martingale attempt

Risky martingale locked in 600$ target for the week. image Good work ! Next week will have another run.

My first FX martingale attempt

Risky martingale locked in 600$ target for the week. image Good work ! Next week will have another run.

My first FX martingale attempt

Finally got a very stable version working across the major pairs and several more FX pairs. Try it and let me know feedback. ( I have uploaded in first post ) It is generating ~40-60% per annum returns for each instrument so just run it on 4 majors ...

My first FX martingale attempt

The race is ON with bot ON !!

My first FX martingale attempt

Sorry mate, can't reveal the entire logic of it but couple of things to note 1) A good entry point 2) Martingale sequence -> I am using Fibonacci but actually trying other combinations as we speak 3) Griding space and TP levels -> both quite ...

My first FX martingale attempt

Thanks for the advice mate. I know the pitfalls of martingale quite well , so idea is too recover principal back as soon as possible and then slowly grow it and keep playing with house money with regular withdrawals. As long as one has 'relatively' ...

My first FX martingale attempt