Hi fellow traders,
INTRODUCTION
I present to you the never getting old method of grid and martingale, as I never left the thought of making money with it. What is tricky about martingale that such a system has a flaw. It will sooner or later burn you to the ground. At least that is what most people say.
That´s the reason I went back to the base. I started a 200€ account, withdrew from my account when it reached 400€ equity, and let the thing simply run.
You can follow this live account on MyFXBook or in my trade explorer.
I´m a long, long time member of FF, but made a second account as I do not want to get things mixed up. My new account got immediately flagged as a commercial member. That is why I post in this commercial section.
RULES OF THIS THREAD
-BE POLITE!!!
-NO BASHING AGAINST GRID OR MARTINGALE!!! (Just keep quiet and go your way)
-NO POSTING OF BACKTESTS!!! IT IS A MULTI CURRENCY EA!!! FORWARD TEST IT!!!
-NO OTHER EAs, SYSTEMS OR DETOUR!!!
MarketMakerPRO EA
This EA is pretty simple, but at the same time has a unique money management technique that makes it survive longer through trending market periods than a regular grid or martingale EA. The new updated version tries to enter on support and resistance levels. Only if the trade goes against you, a basket of trades will be opened. If the EA considers the trend to continue after a basket close. It will also enter a trend following position. But it has some requirements to use it successfully. Currently the EA has 2 modes. Standard and aggressive. While standard will give you a lower risk and lower return with less trades, the aggressive mode will give you a higher risk exposure, but also a higher return.
Leverage 1:500
Minimum deposit 200
Recommended deposit 500
In standard mode you should use the following pairs:
EURUSD
(GBPUSD)
USDJPY
USDCHF
AUDCHF
AUDJPY
AUDNZD
EURAUD
EURJPY
(GBPCAD)
(GBPCHF)
(GBPNZD)
NZDCAD
NZDCHF
XAUUSD
In aggressive mode the following pairs:
AUDUSD
USDCAD
USDJPY
USDCHF
AUDCHF
AUDNZD
CADCHF
EURAUD
EURCHF
GBPNZD
NZDCHF
NZDUSD
XAUUSD
You can lower your risk in both modes, with trading less pairs. That is entirely up to you. For now I´m skipping GBP pairs. You might as well skip XAUUSD.
Attach the EA to every pair on the 1-minute timeframe and choose the mode you want to trade. Change the magic number for each pair.
Find below the links to MyFXBook and Telegram Group:
MyFXBook Results
https://www.myfxbook.com/members/MarketMakerPRO
http://www.myfxbook.com/members/Mark…kerpro/5327103
Quick overview of version 3.01:
Installation and inputs:
Example of how to manage a basket:
Reviews
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