Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply

PowerSM Semi-Martingale EA Trades 54 replies

Safe (PowerSM Modified) EA 72 replies

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing 659 replies

Simple MACD w/ Semi-Martingale MM 8 replies

Attachments: PowerSM Semi-Martingale EA
Exit Attachments

PowerSM Semi-Martingale EA

Hmm... I think there is no need for a template. I just use the 3 moving averages, nothing more...

Regards - Xaron
Congratulations mer071898 for your EA.
Maybe could you include in the left corner of the screen some informations about the number of trades in the sequence and the balance of the sequence.
Regards.
Here are the statements for 4/16/2008 I got a little late of a start as I didn't get back home from a personal function til early this morning, sorry.
Attached File(s)
File Type: zip PowerSM Statements.zip   10 KB | 285 downloads
Another successful day with the entry technique I've described. I think I'll switch to the Lucky-7-setup in the EUR/USD using 10/40 settings. Should work most of the time.

Regards - Xaron
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_170408.png Size: 10 KB
I'll use this sequence using my entry technique from now on. I'll use it on the EUR/USD primary. The risk/reward is great for such a strategy. Even if I lose a sequence I only need two winners to recover.

Regards - Xaron
Attached Image (click to enlarge)
Click to Enlarge Name: lucky7_10_40.png Size: 31 KB
New entry, reached its target in the first progression. I love it.

Regards - Xaron
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_170408_2.png Size: 10 KB
BTW: There is a mistake in my lucky-7-sequence. You must divide the lot size by 10 as the pip value is $10 and not $1...

Regards - Xaron
Quoting Xaron
BTW: There is a mistake in my lucky-7-sequence. You must divide the lot size by 10 as the pip value is $10 and not $1...

Regards - Xaron
Hi Xaron
Logically, what could be the continuation of the sequence after the 7th entry ?
Regards.
I don't know. But the risk/rewards becomes worse then...

Regards - Xaron
Hi Xaron.... can you clarify your 5m entry concept? I checked the thread you referenced earlier, which is pretty dang complicated... looks like you just use the 3 ma, but do you use a simple cross? or all the variaus slope criterea in the thread...

thanks for the idea!
Quoting Xaron
I'll use this sequence using my entry technique from now on. I'll use it on the EUR/USD primary. The risk/reward is great for such a strategy. Even if I lose a sequence I only need two winners to recover.

Regards - Xaron

Hey Xaron......If you modify the TP to 50 Pips your risk/reward will improve even more. That assumes that you feel your entry technique can get you 50 pips instead of 40.

Good Trading !

Dan
Here are the result for 4/17/2008. I don't know why it happened but my Usd/Jpy & Usd/Chf reloaded itself around 4:39-4:50 this morning but did not continue with the sequence and the logs kept saying "invalid stops" after the reload. The other three pairs worked just fine so I'll have to look into it.
Attached File(s)
File Type: zip PowerSM Statements.zip   114 KB | 332 downloads
Hi Mer! Thank you for posting V.5. So far, I haven't encountered any bugs with it however, I have only traded the eur/usd with it and it did not re-enter upon TP reached. Granite, I had the continue option set to false, maybe I'll try setting it to true to check it out!

Xaron, good job man! I entered eur/usd off the pin bar at 7:45am GMT and hit my TP at 40 on the second trade!

Hypothetically somebody could have played the (riskier) pin bar as I did then, played your trades. That would have been 3 trades totaling 120 pips. Not bad huh? Good job though!
Closed my lucky 7 setup in the 2nd progression level.

Regards - Xaron
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_180408.png Size: 9 KB
Quoting mrkam
Hi Xaron.... can you clarify your 5m entry concept? I checked the thread you referenced earlier, which is pretty dang complicated... looks like you just use the 3 ma, but do you use a simple cross? or all the variaus slope criterea in the thread...

thanks for the idea!
It's simple. Wait for the 3 MA's to spread out and enter exactly in the middle of the EMA 10 and EMA 21 during a pullback.

Regards - Xaron
Quoting FXTradepro
Hey Xaron......If you modify the TP to 50 Pips your risk/reward will improve even more. That assumes that you feel your entry technique can get you 50 pips instead of 40.

Good Trading !

Dan
Thanks Dan, this should work as well. Thanks so much for your effort!

Regards - Xaron
Thanks Xaron!! do you also have a time frame you enter within? Start looking at 6gmt?? try to catch the new day's movement?
Had to adjust my TP and stop to remove the invalid stop errors. I'm trying out a lower Breakeven level to see if we get more re-enters in the sequence. Here is what they are now:

Pair Take Profit Stoploss Breakeven

Eur/Usd 48 12 24
Usd/Jpy 48 12 24
Usd/Chf 52 13 26
Eur/Chf 56 14 28
Gbp/Usd 60 15 30

Results for 4/18/2008. Usd/Chf and Usd/Jpy picked up where they left off
Attached File(s)
File Type: zip PowerSM Statements.zip   11 KB | 301 downloads
Quoting mer071898
Had to adjust my TP and stop to remove the invalid stop errors. I'm trying out a lower Breakeven level to see if we get more re-enters in the sequence. Here is what they are now:

Pair Take Profit Stoploss Breakeven

Eur/Usd 48 12 24
Usd/Jpy 48 12 24
Usd/Chf 52 13 26
Eur/Chf 56 14 28
Gbp/Usd 60 15 30

Results for 4/18/2008. Usd/Chf and Usd/Jpy picked up where they left off
Thanks
And do you keep the same numbers for the sequence ?
Regards.
yes, same lot sequence, just different TP, stop, and breakeven levels.
0 traders viewing now