buy, buy, buy --> BUY,SELL,BUY
Duplicates 1
Hedging martingale
Replies 6
I am happy to have seen a strategy made on a video that I had thought about several years ago, but not positive on Excel because I could not take into account the side phases of the market that would have blown the bill. Implementing it with the US time setting I think can be very profitable. Thank you
That's why the CP EA comes into play (in my opinion). The CP has the ability to set up restrictions, ie. only Max 6 martingale positions, time limits and so on.
I think it also would be easily implementable, since we only need one setting for enabling it and use the TP/SL settings for the distances. The setting could be "hedged martingale" and could be simply in the martingale drop down setting.
Within the code I guess it should be just a opposite trade direction (buy/sell) when this setting is active. That would give a lot more flexibility than seen on the other EA.
At the time I had passed to Andrey a technique called Masaniello and used for betting that has a similar strategy at the base, but then nothing was done, perhaps it was better this way, because it can make you believe in easy gains, but only on paper .
I am attaching some material. https://www.finanzaonline.com/forum/scommesse-e-giochi-di-abilita/1807578-masaniello-la-storia-lalgoritmo-e-lillusione-eventuale-14.html?s=918b3654a264627461c6216aaa8ba4b3
Jürgen, it is not possible now to trade like you described, but we already have such idea.
I merged topics into one. Please, vote.
Hello community,
I have just found an hedging martingale strategy, where one developed an EA which hedges the position using martingale strategy:
1. trade: buy 0.01 (TP 30, SL 48)
When loosing 18 points:
2. trade: sell 0.02 (TP 30, SL 48)
When loosing 18 points (now back at the 1. trade position):
3. trade: buy 0.04 (TP 30, SL 48)
...
Proceeding until buy TP or sell TP is hit and then all positions will be closed (by SL).
Here’s the video i have found to demonstrate:
I would like to have this idea possible in the CP. I downloaded the trial of this EA to test and it looks promising (even when DD is pretty high, depending on how often the market changes around the initial price).
It‘s still risky using martingale at all, but it looks like a bit more „save“ than the original martingale strategy.
What ya‘ll think about it?
If already possible, please give me a hint on where to look at. Some kind of hedging like the „Auto-hedge after order“ setting but with a defined distance to be activated and with martingale calculation.
If this idea is duplicated, just close this and point me to the original idea (i didn‘t find anything fitting this strategy idea).
Thanks and best regards,
Juergen