504# MA Bands Martingale Trading
Martingale Trading
Submit by Janus Trader 17/02/2016
MA Bands Martingale Trading is an trend reversal strategy. This strategy have two reversal indicators.
Time Frame 5 min.
Currency pairs with low spreads not and Indices.
Apply this strategy at least on 4 currency pairs.
Metarader Indicators
MA Bands (MA period 56, ATR period 50, ATR multiplier 2.5:);
Super Trader Indi,
Haos visual mode
SSRC MTF (15 min) with SSRC.
Trading rules MA Bands Martingale Trading
Buy
When the price broken the lower band, wait the green bar of super trader indicator confirmed by Haos visual with yellow line above green line or confirmed by SSRC above SSRC MTF.
Sell
When the price broken the upper band, wait the red bar of super trader indicator confirmed by Haos visual with yellow line below green line or confirmed by SSRC below SSRC MTF.
Note: When you are trading in one direction and the price of a signal touches the targetprofit, the counting the martingale, it begins 0.01.
When the last open position reaches the profit, also close earlier opened positions.
Increase profit target of two pips each new open position from the third position open in the same direction.
Example (10 TP 1, TP 2 10, 3 TP 12, TP 14 4, 16 TP 5, TP 6 18).
Close any open position to the opposite signal.
Profit Target 10 pips GBP/USD, 9 pips EUR/USD, 9 pips USD/JPY, 8 pips USD/CHF, AUD/USD, 9 pips EUR/CHF, 9 pips NZD/USD.
No stop loss.
Money management position
Martingale setting:
0.01-0.02-0.04-0.08-0.16- 0.32- 0.64- 1.28 high speculative;
0.01-0.02- 0.03- 0.04-0.07-0.011-0.17-0.27-0.43- 0.8. 1.5 (speculative)
Leverage 400:1 or higher.
Minimum account 1500$ for 0.01 microlot.
This system is a good idea for an EA, I hope some programmer do EA and share it here.
In the pictures MA Bands Martingale Trading.
Share your opinion, can help everyone to understand the forex strategy
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Janus Trader (Sunday, 21 February 2016 02:08)
For the martingale test this technique:
Selling from +50 pips away from the opening.
Buy from -50 pips away from the opening.
EUR / 50 USD, GBP / USD 60, USD / CAD 70, USD / JPY 70, AUD / USD 50, USD / CHF 50.
Raymond (Sunday, 21 February 2016 01:39)
Hello Janus. I code almost always ea when i think strategy could work. But i can tell you i did it with your strategy too. also with martingale included. But on almost every pair i got 2 big losses in a row causing very big drawdown and killing account eventually. But without martingale it is better on longer term. best result was on eur/usd with 1.17 profitfactor and drawdown of 37%. my modelling quality is 99% coming from almost best tick data available (dukascopy). So better not use martingale. thank you for share. regard, raymond
Janus Trader (Thursday, 18 February 2016 20:29)
Leverage 400:1.
1500$ for 0.01.
Victor (Thursday, 18 February 2016 20:22)
With low leverage it can work