thank you ectrade for your time this version work great
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
DislikedJust thought I would try this. Basically it's the same as version 05_A, except I added forward_trend option using RSI filter, just to see difference in overall success rate. So far it looks pretty good.
You folks are free to test and compare results if you like.
I also added a forward trend TP (fwd_tp) on first trade which, if you don't want to use, set it to 0.
Also, I'm considering adding an SMA filter but am not sure what settings to use. Any ideas? ... Domino?
Thanks.Ignored
DislikedVery interesting!
So, if I am seeing this right.....instead of automatically jumping in with a counter trend trade, it will check the RSI first.Ignored
QuoteDislikedThat could be a great way to get some extra pips instead of firing levels. I will have to check it long term.
QuoteDislikedI did notice that it is not firing the hedge when this "forward trend" is turned on.
QuoteDislikedI also noticed that it is stopping at 6 levels deep, even though I have 10 set. Are these done intentional?
QuoteDislikedTake a look to see if you like it. You don't have to use it.
The RMI that E2u suggested does appear to be much smoother than the RSI. It may filter out bad signals.
DislikedHi All,
Starting this tread to discuss the SWB EA as written by Totom Sukopratmo at the request of a few members so as not to clutter up another great thread by NanningBob.
Basically this is a martingale EA. It enters trades on the 5 minute eur usd timeframe using Bollinger bands, stoch and rsi to determine entry. It is set to go 10 levels deep at 0.1 lots at 25 pips per lot. This could result in a draw down of over 5K. However it is rare for the euro to move 215 pips without some small retraces of between 10 and 25 pips and this is where...Ignored
DislikedMaybe if I put an RSI exit filter on it like the hedge? Plus setting a break even level?Ignored
DislikedThis would be an interesting experiment.....
What if...instead of TP of 20, you added anti-martingale levels in the positive direction, then used the an RSI exit filter like the hedge, plus a break even level.
That way, if is down, it martingales to make up, if it is trending up, it anti-martingales adding to the position, maybe always locking in the first level, when you fire the second level?
HmmmmIgnored
DislikedWell - I need to figure out what is happening then.
There should be no way that a 12k account can be wiped out using .02 lots, hedging on level 4.
http://i1084.photobucket.com/albums/...ktest-fail.jpg
The original can make it through using .05 lots with 10k.
The hedge version is supposed to be safer, not riskier.Ignored
DislikedThanks for all members in this thread, its really vary good EA,
whats mean 'power_lots' ?
If anyone can provide this thread with documentation
Special thanks to ecTradeIgnored
Dislikedi got that end drop as well. is that supposed to be smthing to worried?Ignored
DislikedSo far, my 2 year backtest have failed with the hedge version on level 3, 4 & 5. I haven't tried the others.
We are still trying to modify it to where it has less draw down and safer than the original.
However, if you are not greedy & use micro lots the original way seems to be the safest for now. Actually, using the latest rev 05 with the hedge turned off and using power lots is the best way.
But, we are trying to improve it so you don't have to set your start lot size so low allowing room for a 10 level trade an any moment.Ignored
DislikedPower lots increases your start lot size as your account increases.
I don't know the exact %, but I believe every 5% growth it adds a .01 on to your start lot size. It keeps your same pips you were taking before so it also adjusts your tp_in_money accordingly.
very effective and highly recommended.
We will post all of the settings when we get it complete.Ignored
DislikedI too am trying to figure out the power lots. I've been starting all my tests with a £1000 balance, £5 TP and a starting lot .1. It seems to be adding .01 every £100 increase. The test Im currently on is up to £2832 which opened with .28 lots and will be looking for a TP around £14.30.
I believe the current risk is still equal to the starting risk back at £1000, £5tp and .1 lots. Which would be 10%Ignored
DislikedSo percentage of risk is not hard set, its what ever you want it to be based on your initial inputs.Ignored