SWB Stealth (Martingale)

Hi there!

I have been playing around with EA's for a while and a couple of days ago I stumbled on this one. Unlike most other EA's, this one seems to actually be able to generate a constant revenue, which is pretty great obviously

However, I think with some improvements/ bug fixes it could be even greater, up into the realms of awesome!

The first thing that doesn't seem to work properly (or I have completely misunderstood how it works, but I was unable to fix it anyway) is the way the powerlot feature calculates lotsizes. I want to try some bigger lots with this ea and it works find without the powerlot feature, but with it it keeps adding a minilot (0.01) roughly every 50 dollar profit. While this is not a big problem in the beginning, when you start approaching 10K profit (AccountBalance 20K) it is already dealing in 8 lots at a time! Needless to say, this blows your account pretty fast . I was able to delete some stuff in the code and make some alterations so that it would add 0.01 every 100 or so profit which is perfect for keeping the same ratio, however for some reason I could only manage to do so for the primary lots, the secondary for some reason will stay at 1 indefinitely, which kills your hedge and thus again your account after a while. Can you please fix this, and preferably make it so that the power lot feature is customizable as well if at all possible?

The other thing I ran into, both with this EA and other EA's, is that it will trade on the signal (e.a. sell a lot you had previously bought, I'm guessing it's the signal but it could be something else... It's not a margin call though), so without hitting a SL, TP, etc. I found one EA that had the feature of disabling this, meaning the order would stay open indefinitely until it hit your targets or was margin called. Such a feature would be very nice in this EA as well, can you please look into it?

Anyway, fantastic job on building this thing!

Actually, the power lots takes the ratio between the initial lots and initial balance (lots/equity) and maintains it throughout. Meaning, if you start out with a $500 deposit at 0.05 lots, by the time the balance reaches $1000, the lot size would have doubled to 0.1 ... or, by the time it reaches $2000, it would have doubled again to 0.2.

So, it's always the same risk factor.

Sorry, I should have mentioned I started with 1 lot and 10K, but ended up with 8 lots at 20K. I must have screwed something up though, because it does not do that anymore... My other questions still stand though, especially the one about the powerlot feature only increasing the main lot, but not the secondary, which is pretty necessary when you want the "hedge" to keep doing it's job properly without going full martingale, which is impossible with bigger lots.

Thanks again!

Dear ecTrade: I have been following this thread for several months as you may note from my earlier inquiries and posts. My response here incorporates post#79 on thread page 6 and the post #80 cited above.

RE: Kaza4ok post#79, why no answer to the exit issue? It seems a valid concern?

RE: domino2-4x post #80 regarding the hedging issue, also why not address this also?

My thinking is the latter matter of hedging, if working, would act to lower draw downs. If you feel the exit issue is accommodated in the EA versions as they are, then the subject of "lot progressions" is certainly valid.

Why not include code for trader choice of progression used rather than limit your steps to flat, or flat plus (in first three entries) then martingale, to (1) level lots size, (2) add one unit size per step like .1, .2, etc. (3) use fib progression, (4 modified martingale by a set using a a two decimal multiplier like 1.01, 1.02, 1.05 etc.? This way you could control the progression advancement in escalating steps to avoid or reduce margin call limits.

My comment on hedging is not all U.S. traders trade in the U.S. and thus use brokers where hedging is allowed. Needless to say, your followers who are not U.S. bound also have the option to hedge trade. Thus, having your "Stealth" EA with hedge capabilities "working" is a big advantage.

For those trader/readers who have difficulty following the thread code modifications I hereby list what I understand to be the latest versions. ecTrade, please correct any misconception listed here as the latest versions of this EA:

On this thread are two current versions of SWB Stealth EA rsi v1.01 and v1.02 (17.5KB each) listed on page 6, post#77. Additionally are three listed versions of SWB Stealth "Reverse" listed as R v1.03 (7.4KB) on page 4 post 58, and R v1.01 (13.8KB) and R v1.02 (10.6KB) post#61 page 5. The companion Indicator #MTF RSI.mq4 (3.8KB) is also on page 5, post 61.

I believe these five listed versions are the most current? It is clear each need testing and posting the respective set files for each version. I am attempting to back test from the partial set information include in this thread.

I have historical tick data for 2007, 08, 09 and 2010 at 99% accuracy. So far it is apparent I am missing several critical components of the set files.

If anyone, including ecTrade, Carolco, etc. could assist in offering and posting their set files for any or all of the above latest versions it is much appreciated. We could push this development effort along if the "team here" would aid ecTrade in the testing effort with posts of reasonable results, IMO.

Thank you, Atlas1

Hi ecTrade,thanks for the sharing.

Hi ecTrade


Can u help me change tp_in_money based on percentage of capital?


many thanks

any good set file until now to share ?

regards

Hi: If we have the following scenario on the countertrend grid:

LEVEL 10 - SELL 1.0
LEVEL 9 - SELL 0.90
LEVEL 8 - SELL 0.80
LEVEL 7 - SELL 0.70
LEVEL 6 - SELL 0.60
LEVEL 5 - SELL 0.50
LEVEL 4 - SELL 0.40
LEVEL 3 - SELL 0.30
LEVEL 2 - SELL 0.20
LEVEL 1 - SELL 0.10

How can we close all the positions at break even or at least with 50% less loss than closing everything at 10 pips stoploss?

If we place a 10 pips stoploss on the 1.0 position (level 10) to close all loosing positions at the same time, the loss will be -$1970. One "solution" could be placing a buying order at Level 10 for 19.70 lots and place take profit at 10 pips and close everything at breakeven, BUT, if for some reason the price retrace without touching the take profit, what do we do with the 19.70 buying position that will start accumulating a loss too? If price retrace to level 1 again plus 10 pips profit, the selling side will win +$3850, but the buying position will have a loss of -$19700. Placing a sell order for 19.70 10 pips below the long order in case the price go down, will lock the loss and if the price retrace to level 1, we break even, but if after placing the sell order, the price goes up again, we close with a loss of -$3940 (-$1970 from both sides).

So, what solution do you think we can find for this kind of scenarios?

Nobody answer my previous post, so I guess there is no solution for those kind of scenarios except that closing all open positions at a fixed stoploss and take the loss.

However, I was thinking that maybe increasing the levels range size after it reach level 5 for example, to a higher range, let's say the double of what you are using from level 1 to 5, it will help a lot to avoid or delay the death trade. Sometimes the market move 50, 80 pips very quickly without reversing, but it is very rare that moves 150, 200 pips without reversing few pips to close at +$5.00 or at breakeven. Even if after increasing the range size the price keeps moving in only one direction without reversing at all, we can choose to close instead of +$5, to a negative value, like close everything when it reverse and the profit in money is -$20, -$40, -$50, etc. instead of closing everything at a stoploss and taking a big loss.

Is anybody following this thread or interested in doing those changes to the EA? I would like to see those changes done on the original version, the 4.1.

i read the frum and download last version of EA. but it have no data about seteing of this EA.
i want to create an PDF file as manual of this EA. can ane one help me and list for me the posts that have seting information of this EA?

hedge prohibited in America, that was big trap from brokers side ...

create two separate and distinct EA's wont help to protect wrong opened positions

separate EA use in correlated currency pairs will works for US clients but that hedge is not to protect last opened positions so 2 EA in 2 chart both check the equity when equity go down below our percentage then hedge start in 2nd chart if that 2nd chart have no more levels,. levels that will give idea to EA which and when should open hedge .

Can any coder please help me. SWB_grid 4.1.3_h.mq4 is a very good ea for how I trade. I have the Hedge version but even though it has a stealth mode, the hedge lots add their TP immediately and therefore it cannot work with any market execution platform in hedge mode.

Can anyone please add the needed coding to this ea so it can work, in hedge mode with the more popular Market Execution platforms such as a delay or modification order for the hedge TP order?

It places the hedge lots with take profits to copy the grid size but NO delay is only good for the older Instant Execution platforms and NOT the Market Execution platforms of today. PLEASE HELP.

Thanks,
Nick_ee

martingale is a time bomb
the best solution
often frequent withdrawals
if you're lucky
you will gain 100% per day
otherwise
your money will run out in an hour

could u please share your historical data? much appreciation. i can make some offers if u want. thanks

Any one update is this EA still works. I have tried it was not opening any trade

he does not survive in 2017 may 12... EUR/USD H1