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SWB Martingale EA

  • #741
  • Mar 6, 2011 1:38pm Mar 6, 2011 1:38pm
Quoting domino2-4x
So 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.
I just noticed I had the break even level (b_even_set) set at 15. You might want to try setting it to 10. You will probably get better results.
  • #742
  • Mar 6, 2011 1:44pm Mar 6, 2011 1:44pm
Quoting james629
can anyone explain what the hedge setting are? what it does like h_factor thanks
hedge factor is a multiplier of the hedge trade.
So, a hedge factor of 1 means it will fire a hedge trade 100% of the current lots in the opposite direction. That means if the hedge is after level 4 on .01 lots, you will have a .01, .02, .04 & .08 open. The hedge trade will be .15.

If you set it to 1.25 then it will be 125% of the total current lots.
  • #743
  • Edited 2:22pm Mar 6, 2011 2:03pm | Edited 2:22pm
EC-
are you sure the hedging is working on this 05 version? (this is the reg 05, not A or B version)

Here you can see it was supposed to fire a hedge after level 3 and didn't.

http://i1084.photobucket.com/albums/...x/no-hdege.jpg

Here are my settings - it was below the 25.

http://i1084.photobucket.com/albums/...e-settings.jpg

I am trying this on a different broker, since my other one is busy. However, this one also allows hedging, so I wouldn't think that would be the issue.
(unless....maybe the 1.1 hedge is putting on a lot size that the broker can't handle. The min on this broker is .1, so the hedge trade might be getting rejected from the broker if the lot size isn't rounding to the nearest .1)
Will it do that?
  • #744
  • Mar 6, 2011 2:28pm Mar 6, 2011 2:28pm
It was working when I backtested it, although I didn't actually check when the hedges fired. Was it in range? that is, within 20 points specified by h_offset? I'm not sure I even said anything about this before, but it's there. I put it there to allow some flexibility on the hedge, but still keep it tied to the last trade.
  • #745
  • Mar 6, 2011 2:44pm Mar 6, 2011 2:44pm
Quoting domino2-4x
(unless....maybe the 1.1 hedge is putting on a lot size that the broker can't handle. The min on this broker is .1, so the hedge trade might be getting rejected from the broker if the lot size isn't rounding to the nearest .1)
Will it do that?
That could be. This was something I hadn't considered before. Although if this was 1.1 times the combined total of all the other trades, I don't see how that could pose a problem.

One thing I could do is try normalizing it, which rounds it off to the nearest decimal point specified. In fact it already has something like this setup for the standard orders, and I guess that's why it's there.
  • #746
  • Mar 6, 2011 2:45pm Mar 6, 2011 2:45pm
Quoting ecTrade
It was working when I backtested it, although I didn't actually check when the hedges fired. Was it in range? that is, within 20 points specified by h_offset? I'm not sure I even said anything about this before, but it's there. I put it there to allow some flexibility on the hedge, but still keep it tied to the last trade.
Does the hedge offset mean that it the hedge needs to be within 20 pips of the level it is activated on, or after 20 pips after the level?
  • #747
  • Mar 6, 2011 2:52pm Mar 6, 2011 2:52pm
Quoting ecTrade
That could be. This was something I hadn't considered before. Although if this was 1.1 times the combined total of all the other trades, I don't see how that could pose a problem.

One thing I could do is try normalizing it, which rounds it off to the nearest decimal point specified. In fact it already has something like this setup for the standard orders, and I guess that's why it's there.
I have multiple EAs that automatically detect what lot sizes the broker allows and adjusts accordingly. If you don't know how to do that it could just be a option added. (hedge_multiplier_roundto = .1)

This HAS to be it because a .1 + .2 + .4 = .7*1.1 = .77 lot, which would get rejected. It would need to be either .8 or .7.
  • #748
  • Edited 3:20pm Mar 6, 2011 2:59pm | Edited 3:20pm
Okay, I just to set it up to normalize hedge lots on version 05_B. Supposedly it sets it up automatically (per original code) based on the account type, so long as it's specified.

It's worth a try anyway.
  • #749
  • Mar 6, 2011 3:12pm Mar 6, 2011 3:12pm
hi ectrade why hedge trade only fire about 3 times and after it close ,it won't hedge anymore and let the open trade run till account blown . how do i set the option to make ea opening more hedging trade.thanks
  • #750
  • Mar 6, 2011 3:13pm Mar 6, 2011 3:13pm
Quoting ecTrade
Okay, I just to set it up to normalize hedge lots on version 05_B. Supposedly it sets it up automatically (per original code) based on the account type, so long as it's specified.

It's worth try anyway.
That worked!
Thanks....
  • #751
  • Mar 6, 2011 3:19pm Mar 6, 2011 3:19pm
Quoting domino2-4x
Does the hedge offset mean that it the hedge needs to be within 20 pips of the level it is activated on, or after 20 pips after the level?
20 pips after the level it's activated on. So, if you open a standard Sell at 1.4625, and the RSI criteria is met, it will open a Buy hedge anywhere between 1.4625 and 1.4645.
  • #752
  • Mar 6, 2011 3:29pm Mar 6, 2011 3:29pm
Quoting james629
hi ectrade why hedge trade only fire about 3 times and after it close ,it won't hedge anymore and let the open trade run till account blown . how do i set the option to make ea opening more hedging trade.thanks
That's because these last versions of the hedge are set to open using RSI settings. They won't always open unless it detects a strong enough trend.

What time frame are you using?

Or, try changing h_rsi_entry settings, i.e., lower_2 and upper_2, to 30 and 70 and see if that works.
  • #753
  • Mar 6, 2011 3:30pm Mar 6, 2011 3:30pm
Quoting james629
hi ectrade why hedge trade only fire about 3 times and after it close ,it won't hedge anymore and let the open trade run till account blown . how do i set the option to make ea opening more hedging trade.thanks
James-
lower your entry criteria on the hedge.
It is set to only enter if the RSI is below 25 or above 75. If you want more change it to 40/60. However, it may fire when you don't really want it to with it set that low.

As long as the RSI criteria is met, it should continue to fire the hedge trades.
  • #754
  • Mar 6, 2011 3:31pm Mar 6, 2011 3:31pm
Quoting domino2-4x
That worked!
Thanks....
Great! ...
  • #755
  • Mar 6, 2011 8:48pm Mar 6, 2011 8:48pm
anyone tested the original version with other pairs ?
  • #756
  • Mar 7, 2011 4:01am Mar 7, 2011 4:01am
I see the best version at now swb grid 4.1_revised_04_A ,with Headging false

any one can edit this version to close all opened positions on Specified Level, i think this is vary good idea

I hope any one can do it

Really i am vary glad to see all members cooperate to produce a successful system
  • #757
  • Mar 7, 2011 4:57am Mar 7, 2011 4:57am
ok, im gettin confused. i did not donload the included file. is the chart supposed to look like this or no?
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Mar. 07 18.54.gif Size: 36 KB
  • #758
  • Mar 7, 2011 5:06am Mar 7, 2011 5:06am
Quoting freqzz
ok, im gettin confused. i did not donload the included file. is the chart supposed to look like this or no?
For the most part....yes.
If you get the include files you will have close arrows on the trades that have closed.

I also changed my RSI on the hedge to 12 instead of the default 14, so it matches the rest of the program.


Why are you confused?
  • #759
  • Mar 7, 2011 5:08am Mar 7, 2011 5:08am
Quoting madmax85
I see the best version at now swb grid 4.1_revised_04_A ,with Headging false

any one can edit this version to close all opened positions on Specified Level, i think this is vary good idea

I hope any one can do it

Really i am vary glad to see all members cooperate to produce a successful system
Why would you want to do this?
You would be taking huge losses.
The program closes all the trades when it hits your profit target. (tp_in_money)
  • #760
  • Mar 7, 2011 5:52am Mar 7, 2011 5:52am
Quoting domino2-4x
Why would you want to do this?
You would be taking huge losses.
The program closes all the trades when it hits your profit target. (tp_in_money)
Because in backtest 80% of trades success from 1st level, then we close all opened positions when arrive to leve 3 or 4 and we can test on other range
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