martingale settings

good pairs for martingale strategy

1) Asian session only
Setting: TP = 20, Pips = 10, SecureProfit = 15, SL = 300
Pair: EUR/GBP, USD/JPY

2) 24 hours trading
Setting: TP = 100, Pips = 50, SecureProfit = 75, SL = 500
Pair: EUR/AUD, EUR/NZD, GBP/AUD, GBP/JPY, USD/JPY, GBP/NZD
Pair: EUR/JPY, AUD/JPY, CAD/JPY, CHF/JPY, GBP/CAD, CAD/CHF

martingale and hedging strategies EA

this is my very first idea of EA...
combination of basic martingale and hedging...
the idea is to get the profit when the market sideways...
EA opens Buy and Sell at the same time (kind of hedging)...
when the market bulls, EA gets profit from Buy and does martingale for Sell...
when the market bears, EA gets profit from Sell and does martingale for Buy...
optional functions are MoneyManagement, ProfitTarget and RenewTakeProfit...
this EA needs huge capital (at least USD3000 for minimum opening lot 0.01)...
the problem is when the market is not strong enough to retrace...

recap:
martingale strategy is doubling the lot when the market is against the order with specified pips or gaps...
hedging strategy is Buy and Sell at the same time...

new strategy with new pairs

this is the current result with new strategy with new pairs,
started with capital $3000 on 1st March, the profit is about $600,
that is 20% for 1/2 month...