Thanks. Can you share the source code for it? If not, can you set up a parameter that would set the direction to either Buy or Sell instead of just Buy?

Reverse Martingale Strategy

Glad you finally got it. Let us know how it goes!

Reverse Martingale Strategy

No! If the position after the first win turns adverse, we'll break even. But if it doesn't, we'll make more profit. That's the whole point of the strategy. If you apply this strategy to a good system, even if you only win 30% of the times, your ...

Reverse Martingale Strategy

Then we won't go along with the rest of it and the loss will be the usual loss according to your money management. Same thing happens if the first one wins but the second one loses or if the first and the second ones win but the third one loses.

Reverse Martingale Strategy

Thanks!

Reverse Martingale Strategy

I didn't know! Thanks!!

Reverse Martingale Strategy

No. You obviously need to enter when the potential of the profit is at least 6 times more than your initial risk. For example if you wanna put the stop loss at 100 pips, there will be a potential of 600 pips in the opposite direction.

Reverse Martingale Strategy

I did a backtest and it seems like it keeps opening new positions so you can't really walk away from the station. Is there anyway to tell it not to open new positions when all the stop losses are executed or something? And about the source code, I'm ...

Reverse Martingale Strategy

Thank you! I'm guessing it doesn't have any criteria for entry? It just enters a position as soon as it's attached to the chart and then starts the pyramiding/snowballing process based on that entry? Am I right? Did you write this yourself? Do you ...

Reverse Martingale Strategy

Because we're investing the profit of the first trade in the second trade so if the SP of the second trade is executed, then we will only lose the profit of the first trade, so overall we won't lose anything if we look at all these three trades as ...

Reverse Martingale Strategy

You can base your entry on a system that works for you. This is not about when/where to enter and/or exit. It's about snowballing your profit without violating your risk management rules.

Reverse Martingale Strategy

Sorry I'm not good at making pictures but it's really clear. Try to draw the trades on your chart and you'll get the picture.

Reverse Martingale Strategy

This is a great thread. We need a similar thread for brokers that we can trust. Both regulated and unregulated.

Black List of Brokers

All brokers open and close at the same time. The server times can be different though. What's the current frozen time/hour in your broker? Mine is 22:59:59

Safe EA_Ichimoku

I totally agree with you. The biggest reason the majority of people lose money in Forex is greed lol.

Safe EA_Ichimoku

Thanks for the reply but that made it worse lol. More trades but most of them lost

Safe EA_Ichimoku

What are the parameters that you have used in your backtest example? I tried the default parameters and it only traded 5 times in the past month and a half. Also, what does TrailingStep do? The default value for it is 25.00.

Safe EA_Ichimoku

That's correct. I have been doing a lot of tests on this EA. The backtests produce different results from different brokers because the EA is based on bidding and quoting timelapsses and the spreads can also impact the results.

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