D Alembert System
Hi traders...Does anyone use the D Alembert System for money management....( Increase lot size when loosing ...decrease when you are winning...less risky than martingale)any thoughts if it could be implemented in the CP EA
Hi traders...Does anyone use the D Alembert System for money management....( Increase lot size when loosing ...decrease when you are winning...less risky than martingale)any thoughts if it could be implemented in the CP EA
What differs this system from martingale?
You can set any coefficient to increase lot in loss and another coefficient to decrease it in profit (anti-martingale).
Please, give more details and examples.
Hi Sir..... main difference between the two systems is that the D Alembert is far less risky than the Martingale...the base use of martingale is to double up everytime after a loss...and your drawdown can get huge....with D Alembert you adding 1 unit after each loss and removing one unit after each win ...Its very hard to blow up your whole account as the progression is much smoother (see attached image below )( can be modified we can decide to add 2 units after a loss and remove one after a win or vice versa...) Can the Current parameters in CP EA increase lot after a win and decrease after a loss.. haven't been able to achieve that
This money management system would be a nice addition to the CP EA.
Yes it would be very effective conservative
i see the picture is more profit martingale it is over zero pounds on same time with other system ( look at the picture red line )
but when the DD side it is good..
Yes the other system is the contra D Alembert ( Opposite of D Alembert) instead of adding 1 unit after a loss and removing 1 unit after a win.....With Contra we are adding one unit after each win and removing 1 unit after a loss....it can be incorporated just like the Anti Martingale ( but with a smoother progression)
Hi Sir..... main difference between the two systems is that the D Alembert is far less risky than the Martingale...the base use of martingale is to double up everytime after a loss...and your drawdown can get huge....with D Alembert you adding 1 unit after each loss and removing one unit after each win ...Its very hard to blow up your whole account as the progression is much smoother (see attached image below )( can be modified we can decide to add 2 units after a loss and remove one after a win or vice versa...) Can the Current parameters in CP EA increase lot after a win and decrease after a loss.. haven't been able to achieve that
How should it work with series of orders?
It is clear how to apply it to single trades, but we have series in the CP, means next order opens while previous is not closed. So, next lot will be always like "last lot + some amount". But we already have this mode.
We can also try to apply this new mode with "Apply martingale after loss", that affects lot of the new series. Is this exactly what you want?
What differs this system from martingale?
You can set any coefficient to increase lot in loss and another coefficient to decrease it in profit (anti-martingale).
Please, give more details and examples.