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SWB Martingale EA

Firstly I would like to express my admiration to all that worked on this very promising EA. I am using the e version with hedge set on true. As you can see from the image the hedge fires on level 4 with set TP and SL. After it hits TP and the price turns upwards when it reaches the Hedge level it fires again...and it goes on reaching the Hedge SL. Is there any way that we can make the hedge fire only when the price comes from one direction. If the hedge trade is a Sell then to open only when price comes down to the Hedge Level and if we are on a Buy Hedge then the hedge will fire when price goes upwards. I don know if I make my self clear plus the fact that I am code illiterate I don't really know if that is feasible at all. Thank you again especially EC for all the work you have done here.
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hey,

i got some ordermodify errors in journal tab (1 and sometimes 130), but backtesting works fine.

cheers, derox
Quoting derox
hey,

i got some ordermodify errors in journal tab (1 and sometimes 130), but backtesting works fine.

cheers, derox
Error 1, mean no error returned from server and/or error is unknown, I dont worry about this error.

Error 130, means invalid stops. In back testing you don't have STOPLEVEL control therefore it work fine, But in forward testing if your StopLoss is less than you STOPLEVEL it becomes an invalid Stop and you receive error 130.

Hope it helps
Quoting forexzak
Error 1, mean no error returned from server and/or error is unknown, I dont worry about this error.

Error 130, means invalid stops. In back testing you don't have STOPLEVEL control therefore it work fine, But in forward testing if your StopLoss is less than you STOPLEVEL it becomes an invalid Stop and you receive error 130.

Hope it helps
thanks for reply!
SWB GRID V05 E ... start test in 2010/01/01 M5... blow 2010/02/04
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Quoting ecTrade
Hey, I just noticed if you set power_lots to false it won't work. That's because power lots factor (pl_factor) needs to be set to 1 by default, which I wasn't calling out. And, since I am multiplying tp_in_money by this and, unless I specify 1 as a default, basically it's multiplying it by 0. So ...
Dear EcTrader..

I am test n runn SWB ver 5... hedging is running well done..

Dear EcTRADER ...

if you can help to modify or give the settings as below ...

SWB version 5 now,,,
when appropriate indicator to open buy position ...

SWB new version 5 contra i need ..
when appropriate indicator to open sell position
(so contra to current version)

I would like attempting to run 2 versions of the joint ..
but can also be run differently when we want to do is turn on the ea new hedging version.

above help him many thanks
Can someone tell me if you can set the initial lot size to 0.01 (micro lot?)

Thanks
Rory
as there are some brokers who has minimum lot 0.1 but minimum step 0.01 I'd do this change in rounding precision calculation:



double lotstep = MarketInfo(Symbol(),MODE_LOTSTEP);
if(lotstep==0.01){ prec=2; std=10.0; }
if(lotstep==0.1) { prec=1; std=1.0; }


btw, variable std id not used anywhere in code.

EDIT

And there is a bug with Daily target - I have DT 50, tp in money is 2. after opening 4 and more levels by my settings EA closing orders at TP reached:
Order 1 +97.31
Order 2 +11.22
Order 3 -38.66
Order 4 -65.39
------------------
sum is 4.48

but EA has closed trading for rest of day as order 1 had profit of 97

EDIT 2

solved by changing dailyprofit function

from: if(TimeDay(OrderOpenTime())==day) res+=OrderProfit();
to: if(TimeDay(OrderCloseTime())==day) res+=OrderProfit(); //we are counting closed profit today, no matter when order has been opened


EDIT 3

There is a problem with dailytarget, but most probalby it is caused by hedge or specific its settings - if daily target is reached by closing hedge orders, EA closing all open orders on second day open, even with huge floating loss.

EDIT 4

I have no trades at any TF if forward_trend is set to true
Since this is a martingale system and prone to blowing up accounts I think it would be great if someone could add a email alert to this to alert you when your account dropped below a certain percentage. That way you could possible cut your loss before blowing up your account and starting over. Otherwise this EA works very good, and can make up losses very quickly.

Hope someone will give this some thought as I'm definitely not a programmer.

Rory
could anyone provide me a .set file. Because there is no trades since I added this EA to my chart...

Thanks

With regards
i checked the EA in back and forward test and it work very nice.
but it have a some problem. for example when we run it on the chart, it don't print any thing in the chart and u can not check what it is doing.
i thing it is necessary to print something in the chart that show the inputs value and the doing parameters.
I am trying to forward test this on a demo account with HotForex. 5 digit ECN broker, no trades in 2 days and no errors under the Experts tab, wondering what I need to do?
It came to life and is in it's 3rd cycle of trades,. gonna leave it running on demo thru NFP tomorrow jsut to see how it handles it. Anybody been doing some tweaking and have a great set file of 4? A news filter in this one and it would be about complete, nice work.......
Mr. ecTrade; congratulation , i´m a new trader in ea trading, and I read another thread your help to a fellowship trader, (ding,dong EA ). I´m a chilean citiszen, but is not difficult for me , realize when I meet a good person , congratulation...
Quoting ecTrade
Okay, this is a revised version of the original SWB. I restructured ordering process to make it easier to modify. It should maintain same functionality, however. Although you folks might want to check it out to see if it works to your satisfaction.

It also includes previous version of hedge, plus h_top_level, which allows you to select level to shut hedge off. It may actually come in handy with this other idea we're talking about.
Hi ecTrade, I hope you are still here. You are doing a great job on swb grid.

I like version 4.1 revised on post #525 because it's simple. Would you add hedge stop loss variable on 4.1 revised version?

Thanks in advance for your help.
Guys

Having some joy with this ea, however it can come unstuck if there is a strong move against it, either during the day (UK) and especially during news. I am no good at coding but perhaps someone could add either a news filter and or a trading times filter. Think ea could be very good catching small moves during asian session.

Paul
Hi ectrade:
I like too version 4.1 revised on post *525.
You can add to this version, module trading sessions , too module power lots.
Thanks for you help
It always seems impossible until it's done...!!!
Okay guys, since the EA in post #525 is the basic EA (although "new" and improved), I think I may start a new thread in the next day or two, and maybe we could talk about some of the ideas in the last few posts? I don't see a point in doing it here though, for I would rather start out fresh.

Thanks.
Hi ecTrade

I have provided the latest version demo account swb grid 4.1 revised 05 E , this version is fautly, because it opens up many operations with losses, account disappears .
It could also be that I´m missing something . ?
In that post is the advanced EA . ?

Thank for you help.
It always seems impossible until it's done...!!!
Will you post a link here when the new thread is active? This robot was doing great for me until the Greece panic a few weeks ago, but I had to be away for 3 days and left it on, prolly not a great idea with any robot.
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