Sig cent Martin (By Jayman007)

Gain : +5294.74%
Drawdown 69.88%
Pips: 1038.0
Trades 1337
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

Sig cent Martin Discussion

Nov 21, 2011 at 22:03
9,253 Views
92 Replies
Member Since Apr 13, 2012   15 posts
Apr 15, 2012 at 06:50
Well done Jayman,

I got your setting on WWI forum and following to your myfxbook. Great result with both huge gain and huge drawdown 😄. May I ask you that you let FH 2.4 running automatically 24/7 or you stopped it manually sometimes? Have you ever getting margin called? And what the minimum lot you prefer for $1000 balance? I'm very appreciated to hear from you if you changed something in settings you share on WWI forum?

Regards.
Member Since Jan 02, 2011   142 posts
Apr 15, 2012 at 07:31 (edited Apr 15, 2012 at 07:34)
This account runs 24/5. I even left it running during the xmas/nye holidays. I would say you need min 3000usd per .02 lotsize. I am running on a 150,000 cent account so I use a lot size of 1 lot.

Also, I pull my profits daily and leave only the initial balance of 150,000 cents in the account.
Member Since Jan 02, 2011   142 posts
Apr 15, 2012 at 09:00
Keep in mind this is a martingale so the chance of blowing the account exists. Always use with caution and don't start initial lot too high.
Member Since Apr 13, 2012   15 posts
Apr 15, 2012 at 10:48
Hi Jayman,

Yes I can see that from your withdrawal and deposit. But I think its quite dangerous if you put money in one place. Is Lite Forex really enough for you to put 150k? Why don't you just divide money into few broker for safety?
And finally do will you recommend me to trade real, cuz I have ~5k to deposit somewhere instead of leave it in bank.
I always keep in mind of your word that 0.02 for every $2000. But have you ever meet the margin call during your time with this account?

Cheers
Member Since Jan 02, 2011   142 posts
Apr 15, 2012 at 10:53 (edited Apr 15, 2012 at 10:54)
https://www.worldwide-invest.org/threads/864-FX-HACKED-v-2-3?p=77398#post77398


This account is a cent account. That is 150,000 cents or $1500usd. I do also have this running on larger accounts over at alpari. Both alpari NZ and FS

I have never had a MC using this strategy.
Member Since Apr 13, 2012   15 posts
Apr 17, 2012 at 09:47
Hi Jayman,

I've been testing it in demo account with your settings now and It's almost identical to your trade.
However did you problem with the EA stopped working at 23:00 server time? Even I set the time default end at 23:59 but when 23:00, there is no more trade. Do you suffer that?

Thanks.
Member Since Apr 13, 2012   15 posts
Apr 17, 2012 at 09:47
Anyway,

I have a look in MQ4 code and found there is an wrong code and fixed it.

Cheers
Member Since Jan 02, 2011   142 posts
Apr 17, 2012 at 09:54
I never noticed a timing error. Thanks for pointing that out. What in the code did you change to fix it?
Member Since Apr 13, 2012   15 posts
Apr 17, 2012 at 10:10
I used the one u upload on WWI 2.4 Edu. I change in function

int IsTradeTime()

   ....
   li_8 = 60 * StopHour + StopMinute;

before it was

li_8 = 60 * StopHour + li_8
which is meaningless

Maybe your settings set StopHour and StopMinute to 0??
Member Since Jan 02, 2011   142 posts
Apr 17, 2012 at 10:18
My settings are 23 59.

Member Since Apr 13, 2012   15 posts
Apr 17, 2012 at 14:26
I have no idea !
but the equation

li_8 = 60 * StopHour + li_8

with StopHour = 23 (even with StopMinute or not)

=> li_8 = 60 * 23 + 0 so at 23 It will stop trading.

Maybe you suffered it but didn't notice cuz It will start again after 23:59, only stop trading 1hour.

Anyway, how is your experiment with LiteForex, do they reliable? How long does it take to withdrawal?

Cheers.
Member Since Jan 02, 2011   142 posts
Apr 17, 2012 at 14:30
i don't really like lite forex but they are ok for small cent accounts. I also run this strategy on Alpari.
Member Since Apr 13, 2012   15 posts
Apr 17, 2012 at 14:35
Why you don't like them? disconnect, requote or slow withdrawal?
I've heard Alpari quite not reliable last time I researched. I just decide to start $500 on liteforex cent accounts and larger amount in pepperstone.
BTW, have you ever tried other settings with allowtrending ON? If yes, how your experiment with it?
Member Since Dec 28, 2011   94 posts
May 18, 2012 at 00:10
Hi, Jayman007
I don't mind trading with martingale EA. Is it a commercial product? Could you please provide some pointer on how to purchase it? thanks
Song
Member Since Jul 10, 2010   129 posts
May 18, 2012 at 10:04
can share setting file ?
Member Since Jan 02, 2011   142 posts
May 27, 2012 at 21:57
Member Since Jan 02, 2011   142 posts
Jun 03, 2012 at 12:04
I have 20 $30 coupons for liteforex... if anyone is interested then shoot me a pm and I'll send you one.
Member Since Dec 14, 2011   2 posts
Jun 17, 2012 at 13:43
Hi!

Would you mind telling what TF you use for this bot?

Thank You!
Member Since Jan 02, 2011   142 posts
Jun 17, 2012 at 15:24
H1
Member Since Jan 02, 2011   142 posts
Jun 17, 2012 at 15:26
If you are interested in purchasing this EA and use my affiliate link then I will be more than happy to share all my settings with you. I have 2 sets of settings that are both doing very well. One is a bit more risky than the other.

https://www.regnow.com/checkout/cart/add/23219-1?affiliate_id=596697
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