No, that was the leverage i started trading with my broker even before this system, never asked for more (or less) leverage.

Little Martingale EA

@ Ramana these are my settings, see screesnhots , in case you want to trade my strategy and put more eur gbp charts don't forget to change the magic number in the inputs when it says "magic buy" and "magic sell" for the first chart i use 1 and 2 ...

Little Martingale EA

I will later but i ve uploaded(also by screenshot) my settings many times in the past

Little Martingale EA

now instead of having 20% DD i have a very low - 23 euros drawdown that is so low And probably the lowest since i started the test but we should always be careful and monitor and decide promptly on what to do

Little Martingale EA

i agree about the back up plan for sure as im still thinking about one. I ve come across difficult moments with this EA on other pairs and it was not easy i ve never hedged but im thinking about this possobility for sure. Lets say we have a lot of ...

Little Martingale EA

True and not true. Try a multiplier 1.5 (is that marty too?) a ranging pair like Eur Gbp and a big account and place the trades every 50 pips(100 pips is way safer but beware of swap accumulating) and statistically you have a big edge. It s not like ...

Does the martingale system really work?

just to add one more thing . Since may 22 (start of live test with eur gbp) i checked the first trade taken by the EA and the opposite one (taken the most distant one in pips from the first one) and i found out that eur gbp ranged for exactly 200 ...

Little Martingale EA

Hi Pit-Lip, having looked at my several tests(demo or real(over a year), forward or backetests) i found out that big trendy pairs such as Gbp Jpy( for example) should be avoided unless you have 200 k or even 1 million lol. i found out that usd cad ...

Little Martingale EA

is this automated with an EA or you re doing it manually?

Little Martingale EA

here is a recent strategy tester report with dates picked completely randomly a starting capital of 1200 euros. period tested is 6 months. at the end there was a -200 drawdown and tester closed the bad trades otherwise profit would have been 200 ...

Little Martingale EA

i didnt get the 390 euro thing completely but of course if there s a drawdown and price is not retracing we have a stall in profit and a potential big risk of blowing the account.

Little Martingale EA

@comeback2000 not being too familiar with excel i tried to do a manual calculation of a possible drawdown assuming we are using 5 charts at a trading identical price level (unlikely) of eur gbp assuming im using a 1:100 leverage (my case). note that ...

Little Martingale EA

comeback2000 i also noticed a mistake in your excel calculator. you didnt put the 0.03 trades

Little Martingale EA

im using 5 charts. the pips there put in the bracket is the distance from the last trade 0.12? im having a look at it thanks so far in the live test i had as i said 4 charts opening 0.08 trades each plus all the trades and total drawdown for 5 ...

Little Martingale EA

you do good to doubt this system. to be sincere you should doubt all systems. i still think that eur gbp is the only pair(if any) worth trading this strategy with because of its relative ranging behaviour. concerning margin im still looking for a ...

Little Martingale EA

same settings for every chart, same pair, different magic number. the starting lot is always a 0.02 buy and 0.02 sell thats automatic . it is the EA that will take these trades did you ever use this EA on demo? you would have noticed that this EA ...

Little Martingale EA

of course one month doesn't come to any conclusion. imagine if i ever stated that.... every system is risky and this is no exception

Little Martingale EA

im looking for a drawdown indicator that would calculate possible drawdown related to size of positions and equity in %. so far my experience on drawdowns has been more related to different pairs. for eur gbp i tried to put the chart at a day ...

Little Martingale EA

in the settings for the first chart you leave magic buy 1 and magic sell at 2 2 nd chart) magic buy 3 magic sell 4 3 rd chart)magic buy 5 and magic sell 6 4th chart ) magic buy 7 and magic sell 8 5th chart )magic buy 9 and magic sell 10 6th chart) ...

Little Martingale EA

Its exactly one month today since i started my live account experiment with only eur gbp (X 5 charts) the result is : 690 euro profit. At the moment there is a - 70 Euro drawdown. maybe next week i will make another month experiment by adding a 6 th ...

Little Martingale EA