Advanced level Grid Martingale Strategy based Expert Advisor for AUSUSD and EURCHF

Discussion in 'Trading Software' started by ea4u, Mar 20, 2023.

  1. ea4u

    ea4u

    Title: Grid_v5

    Currency Pairs: AUS/USD & EUR/CHF

    Timeframe: H1

    Lots Size: 0.01 to 2.74

    Compatibility: Only MT4

    Grid_EA.png
     
  2. maxinger

    maxinger

    You should evaluate this advanced-level Expert Adviser for a few months with a demo account or real money.

    Then let us know much much money you have profited or lost from this EA.

    I don't think anyone is going to download that zip file
    because we had download hundreds of zip files already.
     
    Last edited: Mar 20, 2023
    jys78 likes this.
  3. Snuskpelle

    Snuskpelle

    Well, at least you're honest about what it is in the thread title.

    Martingales feel good for a while then you lose all your money (or maybe if it's an "advanced one", a major loss that eradicates profits anyway). You're not gaining any edge by unconditionally averaging down, just shuffling around risk.
     
  4. Martingales are based on the theory that eventually a trend that is against you will reverse and your system will be able to recover loses. That is a false premise against the general market behavior. Trends do reverse but on major events that happen on specific situations. A trend is likely to continue as there are too many trend followers that will push the price further, following that trend.

    "Advanced" martingales are just variations of the fact that every trade is supposed to increase in size aiming to recover previous loses. Those advanced techniques try to define that next size that magically will give you a profit.

    Martingales are the best way to blow your account.