Adjustment to Martingale settings on EUR-USD Default setting Set file
I have made a small adjustment to the martingale settings to try and smooth out, reduce the DD ,and increase profits.
I left the initial step size but reduced the step coefficient and have added another 1 trade
I have run various back test from 1.1.2019 and all looked good.
Obviously by doing this it can increase the sensitivity and make it riskier but currently it seems to have decreased the DD and increased profit.
Would be great to get some additional input if these changes are too risky or if there is a way to improve on this.
Thanks
Set-files updated for version 2.37 (by Andrey):
MT5_EURUSD_M5_DefaultPlusPending A_Martinga....set
MT4_EURUSD_M5_DefaultPlusPending A_Martinga....set
Set-files updated for version 2.30 (by Andrey):
MT5_EURUSD_M5_DefaultPlusPending A_Martinga....set
MT4_EURUSD_M5_DefaultPlusPending A_Martinga....set
Original set-files (by John):
Trying the live demo set I noticed that with accounts over € 50000 the exposure and the relative DD is very high. You always risk too much. Once a certain substantial gain has been reached, the gains and risks should be reduced. The calculation 0.01 x 1000 on paper would be correct, but it would be better to be able to reduce it as equity increases. what do you think about it?
That's a good idea, when the account grows bigger.
As it is still a risky strategy, i want to minimize the risk in loosing too much and will withdraw regularly.