This example adds Martingale-style position sizing to example 1, as NOT recommended by the Forex MegaDroid team!

Note that we have changed the default Profit Target and Stop Loss settings from the values used in example 1. If you plug these numbers into example 1 you will see that this results in that system losing money.

Note also that adding position sizing to a losing system can turn it into a winning system. Imagine what a suitable position sizing method can do for a winning system.

As long as you can survive the drawdowns, that is! Here are the results from the MetaTrader strategy tester but with the list of trades shortened:. You can also download the source code here. Forex Course , Forex Trading Systems , MMM , Robots.

On May 21st we released version 1. We're following the Forex Megadroid in our version numbers! This version now displays the broker's stop level on startup.

More importantly it also introduces the new StpMode input parameter. This should normally be set to "false". At the moment though, you need to set it to 'true' for FXCM, MB Trading, and quite possibly other brokers who use Boston Technologies "Straight Through Processing" version of MetaTrader 4. Click here to cancel reply.

Martingale strategies | Forex robots

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Pings on Robot Example 2 — Martingale Money Management. Forex MegaDroid Starts Losing Money Forex Magnates. Comments on Robot Example 2 — Martingale Money Management.

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Please also note that spread betting and margin trading of futures, options, off-exchange retail foreign currency forex and contracts for difference CFDs involves significant risk of loss and is not suitable for all investors.

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Increasing leverage increases risk. Past performance is not indicative of future results. Every tick the most precise method based on all available least timeframes.