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PowerSM Semi-Martingale EA Trades

  • #41
  • Apr 10, 2009 12:57am Apr 10, 2009 12:57am
Quoting mer071898
We had another fairly slow day with only 5 sequences closing this morning with no open sequences. Trading will resume tonight night at level 1 with .02 lots.

Daily Total- $11.20
Cumulative Total- $382.90

Daily average- $29.45
The system is very interesting. I'm trying on VPS, However, the account is standard. so it made one trade of 0.1 it got stoped with -10 SL and no more trades as the sequence that follows is mini.
First SL is too short although I read your thread and I know why you did. However, you need to hide the SL from your broker or make the EA enlist the fake SL.
  • #42
  • Apr 10, 2009 11:33am Apr 10, 2009 11:33am
I agree, I would love to have a hidden stop and take profit target. But the cost to have someone modify it for me is not in the budget as of right now.
  • #43
  • Apr 10, 2009 8:12pm Apr 10, 2009 8:12pm
As expected, on Good Friday we had an extremely slow day with only 1 sequences closing this morning with no open sequences remaining. Trading will resume Monday at level 1 with .02 lots. I do not expect a lot on Monday as well due to the Easter holiday over the weekend but you never know.

Daily Total- $1.80
Cumulative Total- $384.70

Daily average- $27.48
  • #44
  • Apr 13, 2009 12:53pm Apr 13, 2009 12:53pm
I hope everyone had a wonderful Easter. Monday was slow as expected but still managed to close out 3 sequences with 1 open sequence ending at level 2 at .02 lots. Trading will resume tonight at level 3 with .04 lots.

Daily Total- $10.66
Cumulative Total- $395.36

Daily average- $26.35
Attached File(s)
File Type: zip Daily Statements.zip   16 KB | 320 downloads
  • #45
  • Apr 14, 2009 6:03pm Apr 14, 2009 6:03pm
We had 3 sequences close this morning with the last one hitting its profit target 6 minutes after our end time so we did not start any new sequences. Trading will resume tonight at level 1 with .02 lots.

Daily Total- $8.12
Cumulative Total- 403.48

Daily average- $25.21
  • #46
  • Apr 15, 2009 5:14pm Apr 15, 2009 5:14pm
We had 4 sequences close early this morning with the last one hitting a large area of ranging and stopped at level 20 at 5.26 lots. I did notice for some reason it skipped level 13 @ .94 lots and level 15 @ 1.6 lots. After looking vigorously at the logs and settings I realized that there was a comma instead of a semi-colon separating these levels in the input parameters. So hopefully all is fixed and we will resume trading tonight at level 21 with 6.62 lots.

Daily Total- $-208.02
Cumulative Total- $195.46

Daily average- $11.49
Attached File(s)
File Type: zip Daily Statements.zip   17 KB | 430 downloads
  • #47
  • Apr 15, 2009 5:24pm Apr 15, 2009 5:24pm
Quoting mer071898
We had 4 sequences close early this morning with the last one hitting a large area of ranging and stopped at level 20 at 5.26 lots. I did notice for some reason it skipped level 13 @ .94 lots and level 15 @ 1.6 lots. After looking vigorously at the logs and settings I realized that there was a comma instead of a semi-colon separating these levels in the input parameters. So hopefully all is fixed and we will resume trading tonight at level 21 with 6.62 lots.

Daily Total- $-208.02
Cumulative Total- $195.46

Daily average- $11.49
Are you aware that the PowerSM source code is freely available on the net ?
Attached File(s)
File Type: mq4 PowerSM.mq4   9 KB | 578 downloads
  • #48
  • Apr 15, 2009 5:41pm Apr 15, 2009 5:41pm
Well I guess I might just have sue them for copyright infringement since they're stupid enough to put a web address on there. Not that it matters, the plans to market this EA were dropped months ago and are no longer a primary concern. The problem is the people who illegally decompile EA's made by people who spend their hard earned money should be taken out and hung up by their thumbs! Just out of curiosity, where did you find it?
  • #49
  • Apr 15, 2009 5:45pm Apr 15, 2009 5:45pm
Quoting mer071898
Well I guess I might just have sue them for copyright infringement since they're stupid enough to put a web address on there. Not that it matters, the plans to market this EA were dropped months ago and are no longer a primary concern. The problem is the people who illegally decompile EA's made by people who spend their hard earned money should be taken out and hung up by their thumbs! Just out of curiosity, where did you find it?
rapidshare network, over 3,000 downloads so far. The problem is that forex-crack website will decompile any .ex4 for free.
  • #50
  • Apr 15, 2009 5:53pm Apr 15, 2009 5:53pm
Well, I guess no more sharing EA's or anything else from this day forward with any forex forums, sorry guys. Gotta love it when one bad apple ruins it for all of us.
  • #51
  • Apr 15, 2009 6:01pm Apr 15, 2009 6:01pm
Also, forex-crack have a get out of jail free card...

"We will decompile any .ex4 MT4 file free of charge on the assumption that the work/code is your own, copyright infringement is against the law"

Also, i think they are based somewhere in Russia, so the chances of bringing any lawsuits is well......
  • #52
  • Apr 22, 2009 10:42pm Apr 22, 2009 10:42pm
Hi Mer,

How's your trades coming along? What your ytd return on capital?

thanks,

Walt
  • #53
  • Apr 23, 2009 8:37pm Apr 23, 2009 8:37pm
On my $100K demo testing it is on pace for around 7-8%. That can be kind of deceiving though as you could run it on a $50k account as well which would be 14-16%. Using penny a pip, you'd be around $25 a day average. It's not much but it's slow and steady. Shame it has to run with a capital heavy account.
  • #54
  • Jun 5, 2009 9:14am Jun 5, 2009 9:14am
Hi Mer,

You haven't posted results for a while.

Howz the average performing now?
bull in a china shop
  • #55
  • Last Post: Oct 8, 2013 6:29pm Oct 8, 2013 6:29pm
Quoting mer071898
On my $100K demo testing it is on pace for around 7-8%. That can be kind of deceiving though as you could run it on a $50k account as well which would be 14-16%. Using penny a pip, you'd be around $25 a day average. It's not much but it's slow and steady. Shame it has to run with a capital heavy account.
Hi,

Is this still working for you or you've moved on to some other system?

Thanks
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