Is any Martingale EA safe?

[Enivid]

oh bro, its proven, i trade price action, hedges, martingales, 1324 management since over 14 years, on futures and forex, but as i said earlier, its not "old school", but back to the thread question:

Appealing to accomplishment does not prove that "async open hedged martingale".

YES, its safe, as long you use martingale with several security features, you will survive bad times like CHF hell. If not, you blow your account as usual with standard (casino) martingale. My personal mention!

Perhaps, you did not show some security features? Because the ones you've shown make it less safe than the normal martingale, which itself is horrible in terms of safety.

also "reversion to the mean" (stocks) is not possible in forex, pairs like gbpjpy have a max pips range of 13.500 pips in the last 10 years, you need big balls and unlimited equity to get (back) the "mean"...long term isnt my trading style, only short+medium.

I am glad that you can so easily disprove market theories, but it does not help in demonstrating how your proposed changes to martingale make it safer.

 

[ProFXManager]

Perhaps, you did not show some security features? Because the ones you've shown make it less safe than the normal martingale, which itself is horrible in terms of safety.

sorry, if you use brownian motion in combination with async hedges you get a safer martingale as the normal casino martingale ever can be.

sorry again, you cant judge async open hedged martingale is less safer, without doing mathematics and demo testing!

but this will be a never ending discussion, i say it works, you say "no", without doing some tests,
we cant reach a common denominator, so i think i should prepare a demo account+myfxbook, lets talk again in a few months.

 

[eyeball]

Impossible !!

Use any martingale system , reverse or straight, mirrored, reflected, or refracted, bonused , guaranteed ,or insured and you will eventually ,if not immediately ,lose your bankroll.If you are fortunate enough to be ahead at this time quit immediately , while you can, with a profit.The longer you play a losing game the more you will lose. Prove me wrong by submitting your profitable statement to this public forum for review by all and I will take it all back and apologize for this posting

 

[Enivid]

sorry, if you use brownian motion in combination with async hedges you get a safer martingale as the normal casino martingale ever can be.

That does not make sense. How do you use Brownian motion in combination with async hedges?

sorry again, you cant judge async open hedged martingale is less safer, without doing mathematics and demo testing!

That's what I did.

but this will be a never ending discussion, i say it works, you say "no", without doing some tests, we cant reach a common denominator, so i think i should prepare a demo account+myfxbook, lets talk again in a few months.

It looks like discussion has already ended. You have failed to prove that your martingale version is safer than normal martingale, which means that it is not safe. When you have such a proof, you can post it here.

 

[ProFXManager]

@Envid, eyeball

are you read postings complete? I wrote "so i think i should prepare a demo account+myfxbook, lets talk again in a few months."

and please no discussion about demo, if a demo crashes, then live too, if the demo survives, then live too.

so stay tuned, demos started

 

[Enivid]

are you read postings complete? I wrote "so i think i should prepare a demo account+myfxbook, lets talk again in a few months."

and please no discussion about demo, if a demo crashes, then live too, if the demo survives, then live too.

so stay tuned, demos started

It does not work that way. I can open a thousand demo accounts and launch martingale in all of them with random entries. After a few months, several of those accounts will be in profit. That's not the argument for the strategy's safety.

 

[ProFXManager]

It does not work that way. I can open a thousand demo accounts and launch martingale in all of them with random entries. After a few months, several of those accounts will be in profit. That's not the argument for the strategy's safety.

and what are the safe parameters? for you? DD? please describe your understanding of "safe strategy" in deep, to eliminate all misconceptions. thanks

 

[Enivid]

There is no absolute measure of safety for position sizing techniques as the end result will also depend on the entry and exit strategy used. However, it is certain that flat position sizing (and its derivatives) are safer than martingale position sizing (and its derivatives), and that reverse martingale is safer than flat position sizing.

 

[ProFXManager]

OK, is a strategy which runs several years (3-5) with dd <25% and stable profits month by month safe enough?
Without you know:
-exits, entries
-martingale, hedges, basket ,...
-no position details
-only monthly/yearly statements are available
Think like an investor not as an fx pro!

 

[chief]

There is no absolute measure of safety for position sizing techniques as the end result will also depend on the entry and exit strategy used. However, it is certain that flat position sizing (and its derivatives) are safer than martingale position sizing (and its derivatives), and that reverse martingale is safer than flat position sizing.

dive and deep words. absolutely agree. well, there's no absolute safety at any kind of business, especially with derivative trading such forex. but I can ensure, lot increasement method are more risky than the fixed one. marty method are comes with grid entries, with higher stake for each stage. one to consider when see either a method are safe or not, perhaps upon it recovery state. while lot increasement method in the contrary had big problem when recover it losses. and I dont write these based on mere idea, I once in a deep pitch of martingale method. truly these method are boosted our profit, and also the risk.. another vice versa of risk reward ratio.