Martingale programs produce probably the most enticing fairness curves on this trade: a near-straight line, a win price above 90%, and a shallow drawdown — proper as much as the commerce that ends the account.
What the curve is definitely exhibiting
A martingale doesn’t shut losses; it postpones them by including bigger positions till value returns. Every restoration is booked as a win. So the curve information tons of of small wins and hides one open, rising publicity. The smoothness isn’t proof of an edge — it’s the accounting of deferred losses.
Why the backtest often survives
In a historic window, value ultimately got here again — virtually each time. The technique solely wants the one sequence the place it didn’t, and most take a look at home windows are quick sufficient that this sequence is absent. That absence is what you’re shopping for whenever you purchase the curve.
Learn most lot, not most drawdown
For these programs the helpful numbers are the deepest restoration sequence (what number of additions in a row), the most important place measurement reached, and the bottom margin degree touched. A 5% reported drawdown subsequent to a 20-step restoration ladder describes a system that has not but met its unhealthy week.
Grid restoration is similar form
Averaging right into a shedding place on a hard and fast grid has the identical construction with slower arithmetic: no realised loss, rising publicity, a easy curve. If an outline says “no stop-loss wanted” or “recovers each commerce”, it’s describing the place the chance went, not whether or not it exists.
The place we do use a grid, and what caps it
None of our EAs escalate lot measurement after a loss — that’s the line we don’t cross. Aureus Gold does use a restoration grid, and we describe it precisely: opposed strikes could add at most 3 same-size entries, and a tough ATR group stop-loss at all times caps the entire basket. We additionally publish what that prices: on the Aggressive and Extremely tiers its relative fairness drawdown reaches about 89%. Bitcoin Glacier sits on the different finish — one place at a time, a tough cease on each commerce, and a most fairness drawdown of about 47% on the Extremely default. Each numbers are uglier than the 5% a martingale curve reveals, and each are actual.
None of our EAs escalate lot measurement after a loss. The place we use a restoration grid, each added order is similar measurement, additions are capped, and a tough group stop-loss caps the entire basket. The complete listing: fxea365.com/ea/rating


