PowerSM Semi-Martingale EA | Page 22 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply

PowerSM Semi-Martingale EA Trades 54 replies

Safe (PowerSM Modified) EA 72 replies

FXTradepro: Strategy using a “Semi-Martingale” Position Sizing 659 replies

Simple MACD w/ Semi-Martingale MM 8 replies

Attachments: PowerSM Semi-Martingale EA
Exit Attachments

PowerSM Semi-Martingale EA

  • #421
  • Mar 30, 2010 9:21pm Mar 30, 2010 9:21pm
Open the .mq4 file in post #415 with MetaEditor and just change the date (see pic).
Attached Image (click to enlarge)
Click to Enlarge Name: Power SM.jpg Size: 157 KB
  • #422
  • Apr 16, 2010 9:32pm Apr 16, 2010 9:32pm
Hi,

I saw your post.
Do you have an EA for your hedging lot strategy?
I find it interesting using this EA and i would like to have one.

Quoting learn2gain
Hi Xaron and members, Just want to share one of martingle concept which I got. Your EA look like this one but only different at lot during entry buy/sell position and rule. Please look at the concept attached. I try to create this EA but not familiar with meta4. Hopefully someone can help me to create it and share here. Target is to get 40pips daily after one cycle complete. May be the best setting is 40 profit, step 40 and SL 60 for any pair. Also if using this concept, I think we can gain constant and profitable pip with small margin.
  • #423
  • May 25, 2010 2:05am May 25, 2010 2:05am
Hi,

May i know what is the NewCycle function for? 1 more thing, the ea sometimes did not start a new opposite trade when the current trade hit the stop loss. Did i miss out something?

thank you
  • #424
  • May 28, 2010 11:19am May 28, 2010 11:19am
I can open the EA only 1 round
for next round can't open trade

How to setting the EA? ( now i set RestarNewcycle = true )
  • #425
  • Jun 14, 2010 3:54am Jun 14, 2010 3:54am
hello, just started reading. backtested original ea from post 1
from 010108 to today using usdcad, using the same tp and sl of 50 pips for a 4 digit broker, its maximum winning streak was 12

i think thats amazing. can we change the code to double up lot size after every winning trade? up to x level as per each traders liking? and restart sequence of original lot size when x level has been reached or if x level hasnt been reached. what i mean is if we have x = 10 and its reached level 8 and the 9thlevel isnt reached, next trade goes back to origianl lot size.

seems like it will do the exact opposite of the original ea.

if we have enough capital, or even using micro lots, hitting 12 straight wins equals a lot of profit for our account.

thanks
  • #426
  • Jun 14, 2010 4:07am Jun 14, 2010 4:07am
gpbypn same setting. 13 wins in a row. amazing.

i d be willing to bet to win 13 wins in a row.

10 wins in a row with inital bet at $10 equals $10240 profit

13 wins in a row = $82000

simply wow.

lets do it . i m willing to trade live right now. yes, im serious. this is what i ve searching for a couple of months. i know, its casino trading. but i do beleive that luck has something to do with trading as well.
  • #427
  • Jun 16, 2010 5:33pm Jun 16, 2010 5:33pm
Quoting andreasp70
gpbypn same setting. 13 wins in a row. amazing.

i d be willing to bet to win 13 wins in a row.

10 wins in a row with inital bet at $10 equals $10240 profit

13 wins in a row = $82000

simply wow.

lets do it . i m willing to trade live right now. yes, im serious. this is what i ve searching for a couple of months. i know, its casino trading. but i do beleive that luck has something to do with trading as well.
I actually don't think this semi-martingale stuff is casino trading at all.

If you have high RR (one:five or better) and stop after eight or nine trades then you can improve the expectancy of any high RR system if you already have positive expectancy on the market.

Still can't get this automated one to run for me in metatrader, however i havent a clue about EA's.

Anybody know what I am doing wrong here ? As I sure as hell don't.
Attached Image (click to enlarge)
Click to Enlarge Name: prosm.jpg Size: 444 KB
  • #428
  • Jun 16, 2010 8:40pm Jun 16, 2010 8:40pm
Quoting Jigsaw
I actually don't think this semi-martingale stuff is casino trading at all.

If you have high RR (one:five or better) and stop after eight or nine trades then you can improve the expectancy of any high RR system if you already have positive expectancy on the market.

Still can't get this automated one to run for me in metatrader, however i havent a clue about EA's.

Anybody know what I am doing wrong here ? As I sure as hell don't.

Try this one sir, I hope it will work for you also with 3 and 5 digit brokers.
Attached File(s)
File Type: mq4 PowerSM.mq4   8 KB | 1,495 downloads
  • #429
  • Jun 29, 2010 11:17am Jun 29, 2010 11:17am
it's great to have this EA..
does anyone know how to add options to this EA to place their first trade on exact timing

Eg.
first trade will be place at 8.00 sharp
instead of placing the first trade on x_price target

let's rock!
  • #430
  • Jun 30, 2010 8:33am Jun 30, 2010 8:33am
Quoting rockon
it's great to have this EA..
does anyone know how to add options to this EA to place their first trade on exact timing

Eg.
first trade will be place at 8.00 sharp
instead of placing the first trade on x_price target

let's rock!
hi,
i tried to add in some of the code..
i manage to get the robot to place the first trade on exact time..
but after they hit sl the cycle doesn't continue.. can anyone help fix this?

----new input----
extern bool PreciseTimeEntry=false;
extern string EntryTime="8:00";

----condition----

if (PreciseTimeEntry)
{
datetime tm0 = TimeCurrent();
datetime tm1 = StrToTime(TimeToStr(tm0, TIME_DATE) + " " + EntryTime);

cond = (tm0 == tm1);
if (!cond) return;

}
  • #431
  • Sep 14, 2010 2:16am Sep 14, 2010 2:16am
i believe its a good EA with the right settings, i'm running it with FXDD and it ok.

now i tried i with IBFX and MBTrading but it only gives me errors.

14:54:33 PowerSM EURUSDm,H1: buy open 0.01 0
14:54:33 PowerSM EURUSDm,H1: market order:: EURUSDm 0 0.01 1.2862 1.2858 1.2866 0_eurusd_591801
14:54:33 PowerSM EURUSDm,H1: error opening order : invalid stops

can someone help me pls. TIA.
  • #432
  • Oct 4, 2010 12:28pm Oct 4, 2010 12:28pm
Quoting mer071898
Open the .mq4 file in post #415 with MetaEditor and just change the date (see pic).
hey my dear friend
i have a question about PowerSm EA i want to know that how can i edit this ea that when i run this on any chart and open in specific time or price after that ea put 4,5,.... pending orders and when price touch these price and orders opened after that ea just set new T/p and s/L i mean that EA shall not be trade automatically when price touch 20pip away from first position just set t/p and s/l in new orders just like that we trade this strategy manually
can u help me? i have no knowledge about mT4 coding
  • #433
  • Edited 9:19am Aug 4, 2011 9:19am | Edited 9:19am
Hey guys,

just did some fun to watch demo and wanted to share it ... I have done some experimenting with the settings and tuned it to SL5 / TP12 / BE5 ... if anyone is interested, I could upload my version used and the setfiles also

http://www.myfxbook.com/members/smee205/powersm/144576

Cheers, George
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #434
  • Aug 4, 2011 10:08am Aug 4, 2011 10:08am
Quoting xxl205
Hey guys,

just did some fun to watch demo and wanted to share it ... I have done some experimenting with the settings and tuned it to SL5 / TP12 / BE5 ... if anyone is interested, I could upload my version used and the setfiles also

http://www.myfxbook.com/members/smee205/powersm/144576

Cheers, George
i cant wait for u share sir,,,
thank you before
  • #435
  • Aug 4, 2011 11:13am Aug 4, 2011 11:13am
Quoting xxl205
Hey guys,

just did some fun to watch demo and wanted to share it ... I have done some experimenting with the settings and tuned it to SL5 / TP12 / BE5 ... if anyone is interested, I could upload my version used and the setfiles also

http://www.myfxbook.com/members/smee205/powersm/144576

Cheers, George
Ok, here we go. The set-file must be renamed from powersm.txt into powersm.set accordingly.

Changes were : TP 13 instead of 40, SL 5 instead of 10 and BE 5 instead of 10. Also I have set the TradingTimes to false because I watch it very closely and am prepared to shut it down immediatly if there occurs a lack of volatility.

It has been fun to watch in NY session this afternoon. But it may get killed easily. You also need a broker with very small spreads. On my Alpari UK demo this was not the problem, but running it live that might be a neckbreaker.

I started it 1 hour before london opening and let it run until 3rd hour of NY session for today. I will NOT let this one run on its own by any means. Takes a lot of screen time, but hey ... the reward would be too cool

PLEASE BE AWARE : HIGH RISK MARTINGALE STRATEGY, USE AT OWN RISK ONLY ! I AM IN NO WAY RESPONSIBLE FOR ANY REAL LOSSES

Bye, George
Attached File(s)
File Type: txt powersm.txt   < 1 KB | 871 downloads
File Type: mq4 PowerSM.mq4   8 KB | 1,051 downloads
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #436
  • Aug 5, 2011 4:48am Aug 5, 2011 4:48am
Hi xxl205

What time frame are you using your EA on ?


Thx
Forfac
  • #437
  • Aug 5, 2011 5:47am Aug 5, 2011 5:47am
Quoting forfac
Hi xxl205

What time frame are you using your EA on ?


Thx
Forfac
Err, at this martingale EA the timeframe is not essential at all because it goes after price only. As soon as you start the EA, it will open an order and see where the journey goes. To watch it though I have it open the M1 timeframe.

Observing it I have discovered a way to strech out the martingale effect a little more. Set the BreakEven setting to 2 or 3 ... that means if a BE is set and then hit, the EA takes this as a free trade and goes on with the SAME LOTSIZE in the other direction, because it actually didn't loose anything. That prevents it a little more from blowing the acount ^^

Had fun again today, but it is scary NFP friday and the damn thing stalled very much unexpectedly, boosting lot sizes up to 16 ... but the account survived. This was before I set the BE from 5 to 2.

I have switched it off for now, NY open I will be back again to see how this one handles the NFP anomalies.

Cheers, George
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #438
  • Aug 5, 2011 11:04am Aug 5, 2011 11:04am
Just attached the EA to my Major 10 pairs a demo account of $300 using starting lot of 0.01. the current closing balance is $342.... more testing next week.
It takes the Mind to Make Money.............
  • #439
  • Aug 6, 2011 3:18am Aug 6, 2011 3:18am
Quoting starlimit03
Just attached the EA to my Major 10 pairs a demo account of $300 using starting lot of 0.01. the current closing balance is $342.... more testing next week.
ok, but be very careful not to overtrade with multiple pairs. Check your lotsize limits and the progressions therefor. At Alpari UK for instance I can only trade from 0.01 to 2 lots on a micro account. On the classic accounts it is from 0.1 to open end / account balance.

I won't ever let this one trade on its own. I am using it more like a trade helping EA. Currently I am looking for a good volatility indicator that could tell us if we could dare to trade or better not.

Now as USA has finally gotten rated down, I expect enough volatility next week an on

Cheers, George
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #440
  • Aug 6, 2011 3:23am Aug 6, 2011 3:23am
Hey guys,

as I was experimenting with different lot sizes on the martingale progression, I made a little mistake in separating them with a semicolon.

E.g. if you look at the lotsizes input it says 0.1;0.1;0.2;0.3;0.4 and so on.
Now if you put in a blank between them like 0.8;;1.1;1.65 or so, the EA pauses between 0.8 and 1.1 lots ... this could be used as a safety feature to stop it and prevent further damage for the moment chosen.

After removing the blank from 0.8;;1.1 to 0.8;1.1 the EA continues to trade with the right progression and you could do so if volatility has come back
"We are all just prisoners ... of our own device ..." (Hotel California)
0 traders viewing now