SWB Martingale EA | Page 19 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: SWB Martingale EA
Exit Attachments

SWB Martingale EA

  • #361
  • Jul 14, 2010 6:44am Jul 14, 2010 6:44am
Quoting robotech
I try this on 1min charts on EU and GU, back tested the some really chaos period 08-10, it survived and make constant profit with consecutive settings, while it won't make overnight millinaires but it will grow and safe, would like to take any comments.

try 1 min charts,

account bal. $5000
lot 0.1
mutiplier 1.5
range 25 (i donot know what this is for, can someone explain it?)
Level 3 (donot go beyond that)
set SL 75 - 80
TP in money 35 - 45
very important, set both indis 5 and 95 or even 4 and 96

with this settings, this EA will take 2-3 trades...
Robo,
The range is the number of pips between trade entries. What did you have the bol. band setting at for your back tests? What was your increment setting? How far back did you back test. Did it survive through 2008? thank you
  • #362
  • Jul 15, 2010 1:44am Jul 15, 2010 1:44am
Quoting ecTrade
Yes, I believe I have it set up here as the global kill switch. So it's just a matter of setting what percentage of account you want to close all trades and adjust lot size to fit within that range.

Of course I haven't spent a lot of time testing it but, the last time I checked it was working.
thanks, I will test it and let you know.
  • #363
  • Jul 15, 2010 1:48am Jul 15, 2010 1:48am
Quoting ecTrade
Heh heh heh ... shame on you! I got something like this to work on a similar EA. I also tried doing it with this EA, but there's too many possible open and close configurations that it's hard to keep track of it all. I wound up getting bogged down with too many loose ends. That isn't to say it can't be done, however.

Oh, if you set the offset high enough, like you say, it will bypass that level altogether (often several in a row) and catch it back on the retrace.
maybe it's simpler to use a MA for it?

Or do I see it too simple
  • #364
  • Jul 15, 2010 1:49am Jul 15, 2010 1:49am
Quoting ecTrade
This is basically what Chunnel was asking about above, I believe.
indeed
  • #365
  • Jul 15, 2010 2:36am Jul 15, 2010 2:36am
Quoting Chunnel
maybe it's simpler to use a MA for it?

Or do I see it too simple
Do you mean when and if to determine whether to open a market order? Possibly. Although when I use buystops or sellstops it gives me a definite opening price that allows me to count which level it's at. So far, it's easier to count it that way.
  • #366
  • Jul 15, 2010 11:17am Jul 15, 2010 11:17am
Quoting carolco
EU - 8.Jan2001 - 30.4.2010
Start lot - 0.1
Range - 35
TP - 10
Multiplier 2
BB, Stoch - False
RSI - 21, 40/60
Multiplier2 - 2.5
Multiplier2Level - 8
Start Deposit - 200.000

L10 - 5X
L9 - 10x
L8 - 17x
Max.Drawdown 56.6%
Hi
These setting doesnot work with 99% modeling quility but work with 90%
thanks for helping traders
  • #367
  • Jul 15, 2010 2:52pm Jul 15, 2010 2:52pm
I do not understand.. Sorry
  • #368
  • Jul 15, 2010 11:25pm Jul 15, 2010 11:25pm
Hi,
sorry my english is bad
I mean backtest all swb grid ea with dukascopy tick data that give me 99% modeling quility
Even I tried your setting that you mention also but after 3 months it blow account just like other martingale
It work good for while

I hope ectrader will add time filter and hedging with option True or false in both ea "swbgrid 4.1.0.3.2h" and "swbgrid new"

there is hedging option in swb4.1.3.2h but need to change lot factor it should be control seperate like if we want just 1 lot on every hedging position or with multiply

In swbgrid new old version add same hedging style as explained and tp in money

Thanks ectrader good coder
  • #369
  • Jul 16, 2010 8:05am Jul 16, 2010 8:05am
Hi guys,
I don't know if you guys alreday thought on what I'm going to write here.
But since I have talking to other traders and asking for their knowledge, came to me the hedging to protect the equity if the price goes more than, and this is an example, 30% of the account. with this I guess you can protect your account, not taking one loss for stop loss, insted use this tho protect your acount.
this position will be close when the price reachs the open position of this hedging.
as I said before I don't know if you guys already posted something like this, is yes I'm sorry put some noise, but I don't come here to often so I don't read all posts....

Carlos
  • #370
  • Jul 20, 2010 4:12pm Jul 20, 2010 4:12pm
Hay guys,
can someone explain the function of these input settings:::

increment default 0.1
sl default 60.0
tp default 30
tp_in_money default 10.0

Please explain how increment applies here.

If input -- use sl and tp set to true, and sl is 60.0, is this stop loss 60 pips, dollars, or what. And is the sl for the whole basket of orders or just the last order?? same for tp - take profit for the whole basket or just the last order??

And if tp in the money set at 10.0, is that pips, dollars, and is that in the money for the basket of orders or just the last order?.
Many thanks for your help in advance.
Ron
  • #371
  • Jul 21, 2010 2:14pm Jul 21, 2010 2:14pm
Is there any way to set this EA so that when it opens level 1 the TP is set to 15, when level 2 opens the TP goes to 10, level 3 TP goes to 5, level 4 TP goes to 3, level 6 TP goes to 0. When using the hedge feature it seems that as you go deeper into the levels it needs to retrace much more. Heck, maybe when it hits level 7 you can set TP at a loss of 10. That could save an awful lot of people from having heart attacks. :-)
  • #372
  • Jul 21, 2010 2:39pm Jul 21, 2010 2:39pm
Hi Mroptions,

Good question,

I have noticed that you can change the take profit amount when the EA is running.

Say you start the EA off with TP of 15 then after it opens level 2 you can open the EA properties box and change TP to 10 and it will recalculate for the new TP. When the profit reaches that new TP level it will close all the trades.

Also for example if it is in a profit of say 2 and you change the TP to 1 then it will recalculate and close the positions.

Kind Regards.
  • #373
  • Jul 22, 2010 1:44pm Jul 22, 2010 1:44pm
Quoting pipernet
Hi Mroptions,

Good question,

I have noticed that you can change the take profit amount when the EA is running.

Say you start the EA off with TP of 15 then after it opens level 2 you can open the EA properties box and change TP to 10 and it will recalculate for the new TP. When the profit reaches that new TP level it will close all the trades.

Also for example if it is in a profit of say 2 and you change the TP to 1 then it will recalculate and close the positions.

Kind Regards.
Hi,
How about if i have another ea running beside swb grid
is Tp going to effect on another ea or it will work for only swb grid?
Because i have another ea runing with it on demo it does not take tp as it does in back test that is very good on back test


For Mroptions
Decreasing tp 5 pips is not good idea because of spead and commisionon each level
Decreasing tp 1 pip for each level may work well
Thanks
  • #374
  • Jul 22, 2010 2:06pm Jul 22, 2010 2:06pm
Hi,

The case I was using was where the take profit is in money, $ or € depending on your account, not pips, so use_sl_and_tp is set to false.

I haven't used two different EAs on the same currency on the same account so I cannot say if that situation would have an effect on the EA when it makes its take profit calculation.

Regards.
  • #375
  • Aug 10, 2010 9:41pm Aug 10, 2010 9:41pm
I admit to not being too experienced with EAs so, would ask whether somebody can help me with a few issues.

I've attached the trade page from my Alpari demo account and, as you will see, the TP figures increase as the EA goes up the levels. The ones that have the correct TP I edited, manually. I have "use sl and tp" set to False but, tp, in money, as 2.5. Despite the fact that the 2.5 tp has been reached, no trades are closing. I've, obviously, made a mistake somewhere with the settings. Ignore GBP/USD; I loaded it without changing the setting to 0.01!!

If connection is lost, do all trades close automatically? This would be a nightmare scenario if, at 7+ level, a disconnect occurs.

Lastly, I tried to close all trades by changing Global Kill to "True" but, nothing happened. I assume there must be another way to close all trades quickly.
Attached Image (click to enlarge)
Click to Enlarge Name: alpari 11.8,2010..gif Size: 92 KB
  • #376
  • Aug 24, 2010 3:41pm Aug 24, 2010 3:41pm
I've been forward testing this since week with different settings and a multitude of currencies.

http://www.mt4i.com/users/leo26
This account will be tested with other EA's in the future, so keep that in mind.
Key elements of SWB to look for are the 0.1, 0.2, 0.4, 0.8 lot increments.

A good number of currencies blew the profitability.
USD:MXN/PLN/DKK/CZK

I'm not sure how the SL/TP works.

I've set levels to 4

And SL to 40, but that doesn't seem to trigger (after the trade has already passed 40)
  • #377
  • Aug 24, 2010 5:15pm Aug 24, 2010 5:15pm
Quoting robotech
I try this on 1min charts on EU and GU, back tested the some really chaos period 08-10, it survived and make constant profit with consecutive settings, while it won't make overnight millinaires but it will grow and safe, would like to take any comments.

try 1 min charts,

account bal. $5000
lot 0.1
mutiplier 1.5
range 25 (i donot know what this is for, can someone explain it?)
Level 3 (donot go beyond that)
set SL 75 - 80
TP in money 35 - 45
very important, set both indis 5 and 95 or even 4 and 96

with this settings, this EA will take 2-3 trades...
Pls specify indis fields to modify
  • #378
  • Aug 24, 2010 5:36pm Aug 24, 2010 5:36pm
Quoting real2
I've been forward testing this since week with different settings and a multitude of currencies.

http://www.mt4i.com/users/leo26
This account will be tested with other EA's in the future, so keep that in mind.
Key elements of SWB to look for are the 0.1, 0.2, 0.4, 0.8 lot increments.

A good number of currencies blew the profitability.
USD:MXN/PLN/DKK/CZK

I'm not sure how the SL/TP works.

I've set levels to 4

And SL to 40, but that doesn't seem to trigger (after the trade has already passed 40)
I'm not surprised you blew the profitability trading those pairs, especially by limiting the levels to 4!! The orginal EA was designed to trade EUR/USD or USD/JPY, from what I remember.

I trade with it, successfully, every day, but, limit my trading to just 5 pairs with a low spread (AU, EU etc). I can't help you with the technicalities of the settings not getting triggered. A friend of mine esperienced similar problems when he tried to activate certain settings. I use the default setting of 5 for "tp in money", Levels =7 and don't interfere with the rest of it, apart from Local or Global close all and/or suspend

This is a very good EA, although it's obvious that it does have issues when some settings get changed.

It's a great pity that this thread has dried up because, there were some good questions raised that were never fully answered.
  • #379
  • Aug 25, 2010 1:39am Aug 25, 2010 1:39am
Can someone provide me correct set file for "swb grid 4.1.0.9.1.mq4" ?
Also on which pair to apply and on which TF.
Thx in advance
  • #380
  • Aug 25, 2010 5:46am Aug 25, 2010 5:46am
Quoting aragorn73
Can someone provide me correct set file for "swb grid 4.1.0.9.1.mq4" ?
Also on which pair to apply and on which TF.
Thx in advance
I tried to upload this for you but, got an error "invalid file". If you care to PM me, we'll find another way to send it.
0 traders viewing now