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@  Lootanery : (29 April 2017 - 02:06 AM) You were scammed but got arrested? Hows that possible? I mean, i live in thailand as well and corruption of police is well known. But whats the evidence there if sm1 has scammed u
@  bangcockman : (29 April 2017 - 12:46 AM) I will now be known as Americockman lol
@  bangcockman : (29 April 2017 - 12:45 AM) was scammed by an american and police blamed me for something i didnt do and deported me. so im no longer bangcockman
@  bangcockman : (29 April 2017 - 12:41 AM) in thailand
@  bangcockman : (29 April 2017 - 12:40 AM) yea i was in prison
@  smokeysam : (29 April 2017 - 12:31 AM) super arrow
@  ruynzinho : (29 April 2017 - 12:01 AM) 7/1... iq option/OTC... demo account... should I risk real money or they will manipulate the results? o.õ
@  happyjas : (28 April 2017 - 09:50 PM) *bangcockman
@  happyjas : (28 April 2017 - 09:49 PM) long time no see bangkojkman
@  shaileshm : (28 April 2017 - 09:00 PM) hi
@  Simranjit : (28 April 2017 - 08:44 PM) heLLO
@  ZeusDCS : (28 April 2017 - 05:08 PM) *deoderant looking one
@  ZeusDCS : (28 April 2017 - 05:07 PM) Or deoderant rather https://www.google.t...iact=mrc&uact=8
@  ZeusDCS : (28 April 2017 - 05:07 PM) I have the bottle-looking one somewhere here lol
@  ZeusDCS : (28 April 2017 - 05:06 PM) I remember my parents polishing my shoes with that as a kid
@  ZeusDCS : (28 April 2017 - 05:06 PM) @kubn2 I see
@  shaileshm : (28 April 2017 - 05:06 PM) Turd Polish - shines, nourishes and protects
@  ZeusDCS : (28 April 2017 - 05:06 PM) I was genuinely suprised to hear Tripack is from france...thought he was a new yorker
@  kubn2 : (28 April 2017 - 05:05 PM) @ZeusDCS 30% fx 70% bo
@  ZeusDCS : (28 April 2017 - 05:05 PM) Mm you european's lol

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Four bar martingale


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21 replies to this topic

#1 shaileshm

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Posted 13 December 2016 - 05:49 PM

Just correcting the three bar martingale strat with four bars as people are getting confused in the other thread

 

This is the (better) idea

 

If you get four green/red candles in succession, take a call/put for next (fifth) candle.

 

If you lose

 

wait again for next four successive green/red candles and take a call/put for next(fifth) candle with a martingale.


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Know Thy Setup. Know Thyself.

 

 


#2 Jinch

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Posted 13 December 2016 - 06:43 PM

Just looked back on EU today, £10 trade followed by £20 martingale if lost.

 

Avoided a four candle sequence if any of the four had a tiny body / pinbar / doji.

 

Would have been £46 down based on 80% return.



#3 shaileshm

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Posted 13 December 2016 - 07:01 PM

Just looked back on EU today, £10 trade followed by £20 martingale if lost.

 

Avoided a four candle sequence if any of the four had a tiny body / pinbar / doji.

 

Would have been £46 down based on 80% return.

 

Whats the maximum consecutive losses you got?


Know Thy Setup. Know Thyself.

 

 


#4 Pabs

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Posted 13 December 2016 - 07:56 PM

Walking in sin. Sitting in sin. Trading in sin. Dying in sin?



#5 shaileshm

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Posted 14 December 2016 - 04:41 AM

Walking in sin. Sitting in sin. Trading in sin. Dying in sin?

 

With your mindset you are going to be extremely profitable.


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#6 X3N05

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Posted 15 December 2016 - 04:37 AM

Just correcting the three bar martingale strat with four bars as people are getting confused in the other thread

 

This is the (better) idea

 

If you get four green/red candles in succession, take a call/put for next (fifth) candle.

 

If you lose

 

wait again for next four successive green/red candles and take a call/put for next(fifth) candle with a martingale.

Hi  shaileshm!

I think it depends on pares and time frame.

So can you please tell us which ones do you use?


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#7 Jinch

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Posted 15 December 2016 - 04:53 AM

Whats the maximum consecutive losses you got?

Hi Shaileshm -

 

Not sure to be honest. I just looked across the whole day on EU on TradingView.



#8 shaileshm

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Posted 08 January 2017 - 12:21 PM

Hi  shaileshm!

I think it depends on pares and time frame.

So can you please tell us which ones do you use?

 

 

 

I went through some chrts over this weekend. I mostly look at 1 min TF.

It doesnt happen often but once in a while it does give a long series of losses. The idea is not as good as I initially thought.


Know Thy Setup. Know Thyself.

 

 


#9 reteid

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Posted 10 January 2017 - 04:56 AM

Just correcting the three bar martingale strat with four bars as people are getting confused in the other thread

 

This is the (better) idea

 

If you get four green/red candles in succession, take a call/put for next (fifth) candle.

 

If you lose

 

wait again for next four successive green/red candles and take a call/put for next(fifth) candle with a martingale.

In some pairs we have up to 14 candles with one color in a row....so you have to martingale: 2^10=1000!
if you use 5 Euros u need 5000!

.....bye bye money

:D :D :D :D :D


vCFPmVfN.png


#10 shaileshm

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Posted 10 January 2017 - 06:05 PM

In some pairs we have up to 14 candles with one color in a row....so you have to martingale: 2^10=1000!
if you use 5 Euros u need 5000!

.....bye bye money

:D :D :D :D :D

 

Please read the strategy. I said you need to take a trade with the trend, and not against it. With 14 candles of one color you actually win 10 trades with this strat.


Know Thy Setup. Know Thyself.

 

 


#11 Sany

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Posted 16 January 2017 - 09:17 AM

Ерунда какая то!!!



#12 reteid

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Posted 18 January 2017 - 05:14 PM

Ерунда какая то!!!

tIj tera' wIghaj naDev DaSov!


vCFPmVfN.png


#13 shaileshm

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Posted 18 January 2017 - 05:31 PM

tIj tera' wIghaj naDev DaSov!

 

 

Ерунда какая то!!!

 

 

Hope you guys are not absuing me in your native language. Maybe because you dont like a strategy doesnt means you will start abusing me. So I hope that is not the case.


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#14 RM1

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Posted 31 January 2017 - 10:13 AM

This is an English-language forum. Please write in English or use Google Translate so that we can understand you!


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#15 wertman

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Posted 31 January 2017 - 09:52 PM

Are you guys using this strategy at all? Or just thinking "out loud"?



#16 MihailMarius

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Posted 12 February 2017 - 02:10 PM

Just correcting the three bar martingale strat with four bars as people are getting confused in the other thread

 

This is the (better) idea

 

If you get four green/red candles in succession, take a call/put for next (fifth) candle.

 

If you lose

 

wait again for next four successive green/red candles and take a call/put for next(fifth) candle with a martingale.

I started working on a strategy similar to this one couple of months ago. When IQ opened their beta bots, i tried making an auto trader for this.

The problem is that if you use martingale you need a very high starting account and a relatively small bet. And even then is not 100% full proof. I thought that the number of consecutives is related to news....well bad luck, with news you have even better chances that this works. I tried to determine what causes waterfalls....still trying to figure it out.

If you use too many candles, you end up with very few trades. If you use too few, you end up with an empty account. So now am considering a different MM, part martingale, part something else...

Let me know if you get more ideas on how we could improve this.


Nothing is impossible, everything is improbable!


#17 shaileshm

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Posted 12 February 2017 - 02:39 PM

Well thanks for the input. It is clear that the strategy will not work on its own. I have some ideas on what other things one should be looking at. But right now I am busy working on another strat. At some point i will get back to this one. Hopefully in a couple of weeks.


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#18 shaileshm

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Posted 12 February 2017 - 02:44 PM

Just attaching this indi shared by sanz50 in the other similar candle counter thread.

Attached Files


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#19 MihailMarius

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Posted 12 February 2017 - 04:02 PM

Just attaching this indi shared by sanz50 in the other similar candle counter thread.

You got me! Now you know what I needed it  for :D


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Nothing is impossible, everything is improbable!


#20 MihailMarius

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Posted 12 February 2017 - 06:54 PM

This was one of the good attempts to make the auto trader. Never released it to public though because in the martingale string the trades were not launched at second...in the end they terminated the service.

Attached Files


Nothing is impossible, everything is improbable!





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