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Zigzag martingale EA


scarface

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Hi all,

 

Good day,

 

Here is one of the EAs I use to make money everyday. I hope you find it useful.

 

It is a Zigzag martingale EA so it is by meaning based on zigzag indicator.

 

here I will attach as well the set file. You can use it on either EURCHF or EURUSD currency pairs.

 

O.K, I think I need to mention some details here:

 

Settings #1:

 

C.pair: E/U

TF:5M

 

and use this set:change the extension from mq4 to .set in the file format.

 

Settings #2

 

C.pair: E/C

TF: 1M

 

and use this set:change the extension from mq4 to .set in the file format.

 

Best wishes,

a New Year 2011 has come, and the challenge has just started 8-)
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Re: Zigzag martingale EA

 

Hi all,

 

Good day,

 

Here is one of the EAs I use to make money everyday. I hope you find it useful.

 

It is a Zigzag martingale EA so it is by meaning based on zigzag indicator.

 

here I will attach as well the set file. You can use it on either EURCHF or EURUSD currency pairs.

 

O.K, I think I need to mention some details here:

 

Settings #1:

 

C.pair: E/U

TF:5M

 

and use this set:change the extension from mq4 to .set in the file format.

 

Settings #2

 

C.pair: E/C

TF: 1M

 

and use this set:change the extension from mq4 to .set in the file format.

 

Best wishes,

where is the EA? above is only the setting right?

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Re: Zigzag martingale EA

 

Hi,

 

This is strange. I use it everyday, and there is nothing wrong with it.

 

Here you go; both the mq4 and ex4 file format.

 

I hope it works for you.

 

This is the mq4 one

hxxp://xxxx.mediafire.com/download.php?zryvhk24umt

 

And this is the ex4 one

hxxp://xxx.mediafire.com/download.php?weinnk0addy

 

Good luck.

 

Best of Luck.

a New Year 2011 has come, and the challenge has just started 8-)
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Re: Zigzag martingale EA

 

Hi,

 

I'm running it all the time, but I recommend traders to run it only Asian time and maybe 3 hours of European time.

 

You can figure out your own settings based on the way you like and the risk you want to consider.

 

Best wishes,

a New Year 2011 has come, and the challenge has just started 8-)
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Re: Zigzag martingale EA

 

hi scarface,

just to confirm your settings #2 is Euro/CHF or Euro/CAD ?

 

C.pair: E/U

TF:5M

 

and use this set:change the extension from mq4 to .set in the file format.

 

Settings #2

 

C.pair: E/C

TF: 1M

 

Hi,

 

sorry about the confusion. It is EURCHF pair. You can backtest and check out how it works.

 

I hope this is useful.

 

Best wishes,

a New Year 2011 has come, and the challenge has just started 8-)
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Re: Zigzag martingale EA

 

Hi guys,

 

Good day,

 

Thanks for informing me about the 5 digits problem. Yes, I just checked it and it seems that it is working only on 4 digit-broker Co. I will look at the code tonight and fix the bug, and hopefully I will post it back as soon as possible.

 

I didn't notice because I use the EA on FX solution, and never used it on other brokers.

 

Thanks again,

 

Best wishes,

a New Year 2011 has come, and the challenge has just started 8-)
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Re: Zigzag martingale EA

 

Hi guys,

 

Good day,

 

Thanks for informing me about the 5 digits problem. Yes, I just checked it and it seems that it is working only on 4 digit-broker Co. I will look at the code tonight and fix the bug, and hopefully I will post it back as soon as possible.

 

I didn't notice because I use the EA on FX solution, and never used it on other brokers.

 

Thanks again,

 

Best wishes,

 

Have modified to work with 5 digit brokers along with ECN/STP brokers.

Made a minor update to the time management check (start / end trade time check).

 

On the EUR/USD I tested with MaxTrades=3, Multiplier=2, AccountType=2, Risk=0.005 and it tested OK.

Test to find the best time frame.

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Re: Zigzag martingale EA

 

Hi odrisb,

 

Thanks for your effort modifying the EA to work on 5 digit broker. However, it is still not working on brokers that have only mini accounts and there reason is because of the lot size become 0.11 instead of 0.1 or 0.15 instead of 0.2.

 

O.K, here I backtested the EA on 4 digit broker Fx solution AU and got this nice chart. started with 10K and reached around 400K. The backtest was from January 2009 till today.

 

I will look into odrisb EA and check it out.

 

http://img42.imageshack.us/img42/1017/eu5mjantillnow.gif

 

Best wishes,

a New Year 2011 has come, and the challenge has just started 8-)
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Re: Zigzag martingale EA

 

Hi odrisb,

 

Thanks for your effort modifying the EA to work on 5 digit broker. However, it is still not working on brokers that have only mini accounts and there reason is because of the lot size become 0.11 instead of 0.1 or 0.15 instead of 0.2.

 

O.K, here I backtested the EA on 4 digit broker Fx solution AU and got this nice chart. started with 10K and reached around 400K. The backtest was from January 2009 till today.

 

I will look into odrisb EA and check it out.

 

http://img42.imageshack.us/img42/1017/eu5mjantillnow.gif

 

Best wishes,

 

Try this one.

Set LotsDecimal = 1 in the input settings of the EA :)

 

h**p://[email protected]/481068

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Re: Zigzag martingale EA

 

thanks for this amazing piece of work, how do i set the trailing stop?

 

Thanks for your post.

 

You can either leave it zero (0) or set it to the value of 30 or 40 pips. It is all up to you.

 

Thanks.

 

Best of luck.

a New Year 2011 has come, and the challenge has just started 8-)
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Re: Zigzag martingale EA

 

Hi,

 

If you leave it to zero value, it means that you will be waiting the price to hit the Take Profit point. It is always better to set it to 20 ~ 30 if you are a person who doesn't like to see negative money.

 

Best wishes,

a New Year 2011 has come, and the challenge has just started 8-)
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