inwCoin RSI + Martingale Strategy===================
English
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* inwCoin Simple Martingale Strategy ( Double down ) for educational purpose.
* Entry Condition : RSI cross Oversold Level up
* Martingale Condition
(1) RSI cross Oversold Level up again
(2) If Martingale > 6 times, it will martingale with time-base too, using "Martingale Timer" value ( the candles count )
* Take Profit Condition : When position has profit more than "Take Profit Percent"
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Desc.
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Position Size Percent = Start Position Size, less start size = more capital left for matingale if something went wrong
Take Profit Percent = If position has profit more than this value, it will close position
Martingale Gap Percent = Calculate the gap between each martingale level
Martingale Multiplier = Martingale position size multiplier
Martingale Timer = If we already did martingale more than 6 times, it will buy more if the candle count from last buy entry more than this value ( time-base martingale )
Leverage = not working
RSI setup = RSI setting, Oversold level is important because the script will do first buy entry when RSI crossover oversold level.
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Conclusion
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* People using Martingale a lot esp. in Forex EA/bot. Because if we "lucky" we'll get good profit every single day.
* But... if we unlucky and price keep going the other way, we'll have to double down like crazy and your portfolilo will get liquidated in no time...
* This is very risky strategy and I learned it the hard way...
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Thai
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ทำ strategy martingale มาเล่นๆ ลองวิชาขำๆ
ขี้เกียจแปลไทยแล้ว อ่านอังกฤษข้างบนเอาเอง 5555
Martingale
Bilateral Stochastic Oscillator StrategyIntroduction
Strategy based on the bilateral stochastic oscillator, this oscillator aim to detect trends and possible reversal points of the current trend. The oscillator is composed of 1 bull line in blue and 1 bear line in red as well as a signal line in orange, the strategy have many options such as two different strategy framework and a martingale mode. If you require more information about the indicator go check it into my uploaded indicators.
Strategy Frameworks
There are two frameworks available that can be selected from the strategy settings window. Both have the same closing conditions, the "Bull/Bear Cross" entry conditions are :
Buy : when the bull line cross over the bear line
Sell : when the bear line cross over the bull line
The "Signal Cross" entry conditions are :
Buy : when the bull line cross over the signal line
Sell : when the bear line cross over the signal line
Both have the same close conditions that is : close when bull/bear cross under the signal line.
Introduction To Martingale
The martingale money management system consist to double the order size after a loosing trade and can be described as a 2^x where x is the current number of loosing trades since the last win trade, when we win a trade the order size return to the default order size. Therefore our order size function is based on exponential growth.
This system enable the trader to win back his previous losses plus a potential profit, martingales must always be used with stops and sometimes take profits in order to get control in a strategy.
It must always be taken into account that in a series of losses the balance can exponentially decay thus ending to 0 in a matter of trades, this is why it is not recommended to use such system. The strategy allow you to select a martingale multiplier that can be inferior to 2 thus limiting risks, a multiplied of 1 disable the martingale.
Results
Those are the some statistics of the strategy applied to some forex majors by using the default settings in a time frames of 15 minutes.
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EURUSD - Order Size 1000 - Spread 0.0002
Profit : $ 21.08
Trades : 19
PP : 57.89 %
Profit Factor : 3.228
Max Drawdown : -$ 3.81
Average Trade : $ 1.11
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GBPUSD - Order Size 1000 - Spread 0.0002
Profit : $ 2.31
Trades : 20
PP : 55 %
Profit Factor : 0.938
Max Drawdown : -$ 20.29
Average Trade : $ 0.12
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EURAUD - Order Size 1000 - Spread 0.0002
Profit : -$ 9.22
Trades : 20
PP : 40 %
Profit Factor : 0.698
Max Drawdown : -$ 23.44
Average Trade : $ 0.46
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EURCHF - Order Size 1000 - Spread 0.0002
Profit : $ 1.58
Trades : 24
PP : 54.17 %
Profit Factor : 1.103
Max Drawdown : -$ 7.23
Average Trade : $ 0.07
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Conclusions
Based on the results the strategy does not posses the sufficient performance in order to apply a martingale or any other growth systems as order size. Parameters might be subject to drastic changes depending on the market/time-frame in order to return long-term positive results. I let you draw your conclusions.
SMA Stochastic ForecastThis tool uses a discrete-time non-Markovian Martingale stochastic process (Please do not confuse with the strategy of the same name) under the hood to forecast a future (up to 28 bars, customizable) behaviour of the Simple Moving Average. The longer the average period, the more accurate the forecast.
The common cases are the next:
You can apply two instances of this indicator to your chart to obtain a crossover forecast
You can decrease an interval between forecasts to obtain a bunch of possible traectories
Decreasing a forecast interval for two instances, you will get the Kraken
This is the further improvement of my research work on forecasting
Mr. @syrinxflunki was the only one who provided a clear and useful feedback after testing, so he get a free lifetime access. I respect a fair play.
If you have any questions you can concat me via private messages.
Good luck.
Decent Martingale Strategy [Pinescript v3]In my experimentation to add some sort of hedging to trades, I stumbled on the Martingale roulette betting strategy.
If it works in the casino, why not here?
The principle is simple:
If you lose a trade, immediately go the opposite direction and double your bet.
In this case, we're just applying a multiplier.
The strategy is a simple EMA crossover - defaulted to my favorite periods 8 and 62.
Enjoy :) I'll make a new one that's contained in a function, so you can simply implement it in your own strategy and have it monitor winning/losing trades automatically.
Cheers,
DasanC
[RS]Function Martingale Multiplier - MA Crossover Bias V1EXPERIMENTAL:
WARNING: Martingale is subject to HUGE drawdown spikes, use at your own risk!
updated function to also double(aply multiplier) on even trades, example with a MA's crossover.
[RS]Function Martingale Multiplier V0EXPERIMENTAL:
WARNING:Martingale is susceptible to huge drawdown spikes, use at your own risk.
simple functions for martingale wins and losses, multiplier can be adjusted manually to increase/decrease performance/drawdown.
[STRATEGY][RS]Roulette Martingale V0a solid strategy all across the majors.
double the profits :p
WARNING: use at your own discretion.






