I do not trust backtests, or even optimising, but it can be a good place to start. Having now done lots of promising back tests, as well as some live forward tests, it is making good profits. If the trend continues I shall risk some real money soon'ish. I am trying it out on lots of pairs, with AudUsd and UsdJpy being favourites for me. Using a setup derived from Optimising the past 90 days I then allowed live Demo trading and each made sensible decisions and good profits. BUT it is still far too early to know if this is all a fluke, or is repeatable.

I think readers ought to know that the 'Martingale' aspect is far from being the usual wild erratic suicide ride that most are, but instead it can be used in a managed limited way, or not at all. Please do not be put off by the Martingale name, in this case it is just a shorthand for a logical response to some errant trades.

'Rasmussen' seems to have a decent trade selection mechanism, however only time and live trading will tell. It would be good to hear from other users or interested parties as the author suggested. I shall be making a few suggestions once I am ready, as well as making saved Parameter Setups available to anybody who wants to share them. Quid Pro Quo, as they say  ;)

Fascinating work, clearly lots of effort went into this, thanks for sharing it. Just started running tests but seems to have real potential, but all trading needs great care of course. Fingers Crossed ;)

I love Martingales, in Backtesting, but not when they eventually trash my Real account, even a tiny one! However overall I have made money, just not as easily as I had hoped, but it is worth exploting, I think?

I also persevere with them, trying to get one of the many variants just right. Thanks for sharing this! ;)

http://angloam.net/MT4-cAlgo-TradeCopier-OLD-files/TradeCopierProvider.ex4

I added the .ex4 as a download.

http://angloam.net/MT4-cAlgo-TradeCopier-OLD-files/TradeCopierProvider.ex4

That domain name is now for sale, so I guess the previous operator gave up?

I have a copy of the MT4 Trade Sender source file, so I put it online, HERE:

http://angloam.net/MT4-cAlgo-TradeCopier-OLD-files/TradeCopierProvider.mq4

Use that source code to build an .ex4, then run it. Change the ID in both MT4 and cAlgo versions, the IT WORKS! At least it works for me, 99.9% of the time.

However lately I had a few problems, some of my VPS instances started using different default MT4 Data Directories/Folders, either in 'Program Files(x86)' OR in .AppData/Roaming/etc .. VERY CONFUSING!

I must stress that the .mq4 FILE I am making available is NOT my work, nor am I 'supporting it'. But if anybody has rael problems getting it to work then I am willing to try to help.

This is a clever idea, thanks for sharing! ;)

Thanks, 'pennyfx'. It graphically reminds me to pay attention at key times of the day.

I needed to reduce the 'HistogramHeight' setting, or my 1m charts got flattened. ;)

Fantastic, this has saved me so much trouble! I was getting memory problems on a couple of 'cheap' VPS instances, as well as one damned expensive one, plus on local Hyper-V instances. This solved it all!

THANK YOU so much Moneybiz, this solution is very inspiring.

PS - I can understand why you stopped trying to Win with Forex, but for myself I am still hooked after 11 years ;)