Please help me to develop a no martingale bot

[martin1080p]

Hallo, I'm new here, but I have a pretty good overview about the bots that have been developed so far. But most of the bots are using martingale system. The martingale is fully requested by the biginners. Many bot builders concentrate their bots on martingale.
In my opinion the martingale system is bad (in many strategies). I can't really build a bot.
Would be someone willing to share/ make a bot, that will work without MG and for a long run?

I already tried Ex-Machina's MACD - No martingale, Long run. But it didn't have a good results for me.

[wilburforce83]

I don't use Martingale - I built a lot of scripts with it, and no matter what flavour you use, it will always blow the account eventually. With the 60 minute trading window, and 100 trade limit, you will need to try and work out the best way to make effective trades, where the return per trade is sufficient to cover the losses without Martingale, long runs aren't possible anymore.

I don't think anyone here is likely to give away their secret formulae. But I am willing to help you come up ideas, and if you can come up with your own strategy, people here will be very will be willing to help you build it /build it for you, but I don't think anyone will give it all away to you :)

Look at what is required to trade effectively without Martingale; it all comes down to win rate, and returns, there are a couple of methods which work:

• High win rate and low return; use barrier offsets to create a favourable win rate, I have found that somewhere between -1.5/-2.0 over 5 tick will give a solid return of 40-50% while, when traded carefully can bring you a win rate in excess of 80% - you won't get rich quickly, but it is sustainable.

• Low win rate, high return. this is the opposite use positive offsets to create 400-500% return, but aim to get 1 ITM in every 3-4 trades on average to be profitable.

Indicators like CCI and RSI are better for non-martingale trading in my experience, than MA crosses. You could also look into slower trades, but the 60 minute timer has made that more difficult since the bug where the pop-up didn't stop trading has been fixed.

[binary-ex-machina]

There will be no positive profits without martingale. You always will lose money because of the platform margin on every winning trade. You need to recover. Using Higher and Lower with a barrier that return more then 100% on a winning trade, will reduce your winning rate. this will reduce the profit as well, at a point that you need martingale to recover. If you want a long run bot, you need martingale.

No martingale bots will work if you have limited number of trades, predetermined. When the bot has more wins then losses, it will stop in profit. Anyway, this will always be 50% win rate

[wilburforce83]

@binary-ex-machina , I have to disagree. I don't use martingale and if my bot runs 27/4 I get an average of 73% win rate, where 66%+ is required for profit.

If I choose my entry and only run on trends my win rate goes to 83%.

So it is definitely doable and once done, you are trading in a much safer way as your stop losses can comfortably be 50% of you take profit, giving you that golden risk-reward ratio of 2:1 / TP:SL.

Though it is definitely no easy task, I have spend 18 months on the same script forward testing and analysing thousands of trades.

For testing, when a trade is placed I notify as much data as possible to analyse against the charts later;

Sdev of ticks
Sdev of MA's
Vectors of MA (to find gradients, crosses are too vague)
CCI vector and CCI
MACD
Average number of ticks movement between entry and exit points.

I can then use that data to work out triggers, and to add filters to avoid certain conditions.

[binary-ex-machina]

please share your bot that make 73% 24 hours a day without martingale. I would like to know what magic you did to get this much winrate and the profit equivalent to stay profitable. I'm sure you are running for more then 30 days to get this statistics, right? I mean, running the bot without stop for 30 days and still get the 73% win rate and be above 0 profit.

[wilburforce83]

@binary-ex-machina , I won't share it here, but I would be happy to send it to you (not sure how though?) on the basis that you do not share it. I have spent a lot of time and effort on it.

When I say 24/7 the bot can run 24/7, and does return a win rate average 73% using an opposite barrier of 1.75 pips. However, it does not trade 24/7 it only trades when it sees the right market conditions, it doesn't always get this right, which is why choosing the entry point for running the bot manually provides an extra 10% or so win rate.

I am also using vectors to determine movement within indicators rather than standard indicator outputs; i.e. instead of using CCI traditionally, I have a set threshold, above which the vector needs a gradient of x prior to having the confidence to trade in that direction. In addition, it will monitor tick movements to ensure the vector is smooth and not the result of a huge shift in tick standard deviation, which could indicate a potential retracement within the contract window.

I am an engineer by profession, so I am outputting the data in a way that I am used to dealing with, as I when I look at some of the indicator outputs I am unsure how to use them in an algorithm successfully.

Cheers!

[martin1080p]

@wilburforce83 Would you be so kind to send it to me as well. However if you want to. If so, my mail is shaltock@gmail.com. In both cases thanks for sharing experiences.

[binary-ex-machina]

@wilburforce83 feel free to send to binaryexmachina@gmail.com

[ArunGowthamm]

@wilburforce83 it is great to hear ..that 73 % win rate bots and strategies out there...i am also use bot
without martingale and run 24/7....in my condition it gives 60-65% profit ...i use martingale only when number loss in row does not exceed 4-5 ...but it is not possible ,,,,so i try with out martingale...

[binary-ex-machina]

@ArunGowthamm you have a bot that can run 24/7 continuously and have 60-65% win rate? how many trades? I can make a bot that have 80% win rate with 94% payout to run 30 days without stop, but it will trade only 10 days. In long run (more then 1 year running) all strategies that run nonstop will have 50% win rate (Rise/Fall trade type)

[ArunGowthamm]

@binary-ex-machina i know there are lot of bot out there with 80 % or more win rate ....i try to create a own bot with own strategies...i learned many things from you bro...your bots are amazing...

[binary-ex-machina]

@ArunGowthamm i have created, tested and ran bots for almost 10 months now and I've never saw a bot that can run 24/7 without stop and have more then 52% win rate. I can backtest 3 years of 1min candles with any strategy on any market and i never saw one that can run like this. if you know a strategy that has 80% win rate with the payout of 94%, please share with me. Maybe i'm missing something too simple, trying to find something complex.

[martin1080p]

@ArunGowthamm Is your BOT using also Vectors and n# of tick movements like @wilburforce83 's?

[Simanto11]

@binary-ex-machina , I won't share it here, but I would be happy to send it to you (not sure how though?) on the basis that you do not share it. I have spent a lot of time and effort on it.

When I say 24/7 the bot can run 24/7, and does return a win rate average 73% using an opposite barrier of 1.75 pips. However, it does not trade 24/7 it only trades when it sees the right market conditions, it doesn't always get this right, which is why choosing the entry point for running the bot manually provides an extra 10% or so win rate.

I am also using vectors to determine movement within indicators rather than standard indicator outputs; i.e. instead of using CCI traditionally, I have a set threshold, above which the vector needs a gradient of x prior to having the confidence to trade in that direction. In addition, it will monitor tick movements to ensure the vector is smooth and not the result of a huge shift in tick standard deviation, which could indicate a potential retracement within the contract window.

I am an engineer by profession, so I am outputting the data in a way that I am used to dealing with, as I when I look at some of the indicator outputs I am unsure how to use them in an algorithm successfully.

Cheers!

please share this bot roysimanto230@gmail.com @wilburforce83

[murali139]

Bro I checked so many bots, I buy premium bots also but not working that's why I won't share it hear. I checked the all bots, I already suggested to all people to improve the bots. Bro if you want to share with me, I check your bot properly and I hope it's working well, please send to my mail : muralikumar1245@gmail.com

…

On 05/11/2018, Simanto11 ***@***.***> wrote: > @binary-ex-machina , I won't share it here, but I would be happy to send > it to you (not sure how though?) on the basis that you do not share it. I > have spent a lot of time and effort on it. > > When I say 24/7 the bot can run 24/7, and does return a win rate average > 73% using an opposite barrier of 1.75 pips. However, it does not _trade_ > 24/7 it only trades when it sees the right market conditions, it doesn't > always get this right, which is why choosing the entry point for running > the bot manually provides an extra 10% or so win rate. > > I am also using vectors to determine movement within indicators rather > than standard indicator outputs; i.e. instead of using CCI traditionally, > I have a set threshold, above which the vector needs a gradient of x prior > to having the confidence to trade in that direction. In addition, it will > monitor tick movements to ensure the vector is smooth and not the result > of a huge shift in tick standard deviation, which could indicate a > potential retracement within the contract window. > > I am an engineer by profession, so I am outputting the data in a way that > I am used to dealing with, as I when I look at some of the indicator > outputs I am unsure how to use them in an algorithm successfully. > > Cheers! please share this bot ***@***.*** @wilburforce83 -- You are receiving this because you are subscribed to this thread. Reply to this email directly or view it on GitHub: #912 (comment)

[Unickum]

@binary-ex-machina , I have to disagree. I don't use martingale and if my bot runs 27/4 I get an average of 73% win rate, where 66%+ is required for profit.

Please share this bot master1000deneg@gmail.com thank you so much!