Yeah, even if it went entirely to hell, it only has to retrace 25 points in order to recover everything. And that would be extremely rare for that not to happen. Oh well, I guess you kind of already said that.
Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply
SWB Stealth (Martingale) 95 replies
SWB Martingale EA (with best setting) 63 replies
Martingale vs. Non Martingale (Simplified RoR vs Profit) 1 reply
SWB Super Trend 77 replies
DislikedHi Guys,
To trade with less risk with this EA - and to survive the drawdown levels you can change the settings to the lowest risk possible:
Lots amount to the minimum of 0.01
multiplier to 1.5 and
tp_in_money to 1.5
Only on EurUsd 5 minute chart
With the above settings 0.01 lot setting then the euro has to run for over 225 pips without a retrace of 45 pips to hit stop loss of €420.
But look at the euro chart - it is extremely rare for the euro to run 225 pips without a retrace. That is not to say that it can't happen - it will happen on...Ignored
DislikedHi ewinner,
what pairs are you using in the moment?
Have you "kicked out" some of them during your test?
Do you want to go live?
Really impressive stats...
Greetings,
OlarionIgnored
DislikedGood point pipernet. I probably wouldn't trade this EA on big news stories days although it survives(on the back tester) all the news clear back to the year 2000. Actually in the last ten years using the settings I posted earlier, the worst DD occurred between 5/4 and 5/10 of this month. It went 7 levels plus another 518 pips before it turned around to TP. If you were trading with the trend (the slope of a 200MA on a 1H chart), you wouldn't have entered that trade.Ignored
DislikedYeah, ive been using your latest version since you posted it, but im using the TP in money, set to 4.0
Looking forward to your update
Thanks
MarkIgnored
DislikedI trade this demo, meaning only take trades in direction of the 200 SMA on the 1 hr chart. Works like a charm so far.
Could a coder add this SMA filter to the EA?
Also a "trade only between ie. 8.00 to 18.00 GMT" filter would be awesome.Ignored
DislikedHey, that's good to know. Thanks.
I'm using the same version too, and so far I've been pretty happy with it.Ignored
DislikedHey, if anyone can point me to an EA that this code incorporated, I could probably do it. I just haven't worked much with indicators and setting up EA's to operate at specific times.
If anyone has any ideas they can send me a PM. Thanks.Ignored
DislikedHi, ive done alot of strategy testing and found the best pairs to be EURUSD, EURJPY and USDJPY, these seem to be the most consistent. If i was live i think i would use the settings posted by pipernet, they have the least risk! but hey, no risk no reward!! Still on demo for now
MarkIgnored
DislikedHey, if anyone can point me to an EA that this code incorporated, I could probably do it. I just haven't worked much with indicators and setting up EA's to operate at specific times.
If anyone has any ideas they can send me a PM. Thanks.Ignored
DislikedLook at this thread :
http://www.forexfactory.com/showthread.php?t=231650
the Ver 7 EAs on post 1 have the only trade in direction of 197 SMA function (must be easy to change to 200)
Also it trades only when 197 SMA and 10 SMA agree (1 hr chart), but I think we only need the 200 SMA confirmation....
BR
PCIgnored
DislikedTry some of Steve Hopwoods EA's for trading times. I have attached his 2ma macd.Ignored
DislikedEC,
When EA closes trades, will it only close the trades that it's opened or will it close all open trades even those opened manually? I'd like to trade manually along side this EA but don't want those trades closed by the EA. thanksIgnored