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PowerSM Semi-Martingale EA

An important bug: the arrows always are green http://www.forexfactory.com/images/icons/icon10.gif
Quoting Xaron
Hi all,

I've done with my first version of the EA.

ATTENTION: It isn't fully tested yet! Try it on Demo only!

I've only tested the direct entry, price entry, time entry and OCO entry should work, too.

Could you please test it on a demo account and report any problems? I'll post the source as well when it's production ready.

Regards - Xaron
Many, many thanks Xaron!
I use support and resistance levels for my triggers. This will help me immeasurably! I'll let you know how it goes. I wish I had the programming skills to contribute more.

The willingness to give is what I enjoy about these forums.http://www.forexfactory.com/images/icons/icon7.gif

Tom
Yes, THANKS Xaron.... Tom, always interested in entries... What time to you look to enter, and are your S/R levels by "eye" or do you use an indicator? If so, which one!! Thanks.....
Quoting mrkam
Yes, THANKS Xaron.... Tom, always interested in entries... What time to you look to enter, and are your S/R levels by "eye" or do you use an indicator? If so, which one!! Thanks.....
Hi mrKam,
I wrote up what I usually look for before I trade on one of the earlier pages. I've attatched a chart to show what I look for. I look for periods of low volatility before the Europe open and the put in an order above or below the areas of support/resistance. I've mostly been using timed entries but with the OCO orders I can put on trades above or below resistance.

Tom
Attached Image (click to enlarge)
Click to Enlarge Name: GPB_USD.JPG Size: 186 KB
Thanks! Wrong arrow color? Fixed.

I've attached a new version + the source code. Should be stable.

Regards - Xaron
Attached File(s)
File Type: ex4 Sequencer_v1_1.ex4   26 KB | 468 downloads
File Type: zip sequencer_v1_1.zip   7 KB | 491 downloads
You're the man Xaron! thanks so much for that! By the way, here goes the first trade just about an hour ago with your ea: Actually coming up on another possible entry, check it out!
Attached Image (click to enlarge)
Click to Enlarge Name: eurlive7.gif Size: 16 KB
Hi Xaron
It seems be a problem with several pairs trading.
If a pair is working, it's impossible to open another trade with another pair.
I have to close MT4 and open it again : at this moment, the orders are opened ????
Best regards.
I'm thinking about a thing.
Is it necessary to put the file "info" in the folder "include" ?
Maybe is it the trouble ?
there is also a problem with stoptradingaftersqeuence part.
even if put to false, it will not restart sequence after a successful sequence.
@madscalp: I guess it's because of the MagicNumber. Have you changed it for the other pair? Every pair needs its own unique MagicNumber.
The include files are only needed if you want to compile the EA by yourself.

@Autumm: Thanks, I'll take a look at this.

Regards - Xaron
Quoting Xaron
@madscalp: I guess it's because of the MagicNumber. Have you changed it for the other pair? Every pair needs its own unique MagicNumber.
The include files are only needed if you want to compile the EA by yourself.

@Autumm: Thanks, I'll take a look at this.

Regards - Xaron
OK, I'm going to change magic number.
I like a lot that kind of EA.
All the martingales (Rama, 10p3, etc..) need a retracement against the trend to win.
And the retracement can occur...... or no.
I blew up many demo accounts with these martingales.
This one allows to go with the trend and it's important especially during the news time.
The only necessary thing is the volatility.
With good entries and a good management, I believe it can become a great EA.
Thanks mer071898 and Xaron.
Hi,

I'm trying this EA on MT4 but the following error is coming:

2008.04.24 18:20:31 Sequencer_v1_1 EURUSD,M5: Error: 130 invalid stops SL: 1.57190000 TP: 1.57240000 Retry: 10/10

Can anyone suggest what parameters to change?
cashearner, looks like your stop is just too close to the market price. It depends on your broker... What was the entry price?

Regards - Xaron
Xaron,

Do I have to trade manually or will the EA take the trade Automatically?
Whatever you want. Use the TimeEntry, PriceEntry or OCO entry. If all 3 are set to false, the EA starts immediately with the next tick.

Please not, it's not intended to use this EA as a completely automated system. It will fail that way. It's only a tool to manage the trades.

Regards - Xaron
  • Post #316
  • Quote
  • Edited 10:41am Apr 24, 2008 10:14am | Edited 10:41am
1 more problem i am having with the EA is that the time entry function doesnt seem to work right..

when i set entryhour to 5, it will still start off the progression straight.
is there a format for the timing ?? i tried double digits hours works fine. only single digits hour gives the problem.

i think i found out whats wrong. For example its 14:00 now. time entry only works when u input timing above 14:00. anything below and it will start off the sequence straight away. anyway to go fix this?
I confirm the problem about StopTradingAfterSequence.
If it's false , the EA don't open a new order.
If MT4 is closed and opened again, a new order is launched.
(I have different magic numbers now)
Regards.
Thanks guys, I'll look at these issues tomorrow.

Regarding the time entry: I check just if the current time is greater than the TimeEntry value. This might not the right way as it will immediately open a new position, e.g. if the current time is 09:00 but the TimeEntry is set to 08:00... I'll fix that tomorrow.

Regards - Xaron
Hi, looks like a v good ea. I am having a problem tho, it is always adjusting the orders. All I would like to do is buy, then sell, then buy untill profit is reached with now adjustment to tp or sl. I wud like to try without break even function. What would I need to adjust to correct this? Also I have set it to do order entry tries to 10. does this mean it will only try a trade in opposite direction 10 times before stopping? Currently it seems to stop after about 8 tries, and seems to just stay on fixed lot amount on a lot of trades i.e. i put lot of 0.01 it hits stop loss, enters with 0.01 again and again and again untill it decides by itself it wants to change to 0.02, what am I doing wrong here? I want it to change from 0.01 to 0.02 to 0.04 etc with each opposite order.
Good morning,

here comes a new version. You don't need the magic number any more, it seems to be too confusing. The time entry issue is fixed as well as the stoptradingaftersequence thing.

Regards - Xaron
Attached File(s)
File Type: ex4 Sequencer_v1_2.ex4   28 KB | 766 downloads
File Type: zip sequencer_v1_2.zip   32 KB | 825 downloads
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