SWB Martingale EA

There is some forums where it is possible to found a deep analysis of "good" EA, on the following link, the author keep only three EA supposed to behave well on long term:

http://www.donnaforex.com/forum/index.php?topic=5277.0

could be interesting..

Hi,
i am looking to some one add daily and weekly pivot s/r indicator for bouncing price not for breakout in this swb ea

and need two time filter

Example
if price touch resistence open sell and if price touch support then open buys

if we have sell and price go against us upward then second open on another resistance or pivot what ever come first and if price donot go that high then open at price turning back crossing 3MA so on

Note: between every and each trade should be 10 or what ever we select pip difference. it shuld not open any trade if any Resistance or pivot or 3ma crossing back come with in 10 or selected pip range

and instead of multiply each trade we should use different calculations
thanks

pretty good information, thanks a lot

SWB grid 4.1 with adaptive range

This is foward testing on demo account for one month...
Wee all know the risk of martiagle systems, but this one is quite stabile on H1 TF...
for now max opened 5 levels (last friday)...

setings used:
RSI 14,0,30,70
lot multiplier false
lot increament 0.1

can any one add working time to original expert?
for example begining time : 20:00
end time : 07:00
so the expert start to open position between 20:00 until 07:00 of next day
but if a position starts to open it will continue even if trading hours ends
but new position ( start of placing orders with minimum lot) doesnt start

if this done we use expert on low ATR time in night with bigger lot and low risk will threat the balance

use_sl_and_tp=true does not work. It will not make any trades with metatrader 4 and Oanda. I am hoping that the tp_in_money=5.0 works even though that does not work.

Is there a way to fix this? Can you delay the tp and sl modifications to a trade until after you placed a trade? I am currently also using Autostop EA to put sl and tp, but the whole setting would be useless if tp_in_money does not work.

This might be because the EA is making the trades too quickly or something similar to that. I do not know, but again, it does not work with Oanda if I set that to true.

Would you like to share this modified EA ? PLZ. PLZ. PLZ.

This thread has been dead for a while but I have been using the basic 4.1.0.3 with some decent results. The problem as with all martingale systems is that is does blow up. I am thinking if I can work round some timing sessions it may be more consistent, so I am wondering if someone out there would be so kind as to add an option of start and end times to the EA for back testing. Its probably relatively easy if you know how.

Try this setting on EU : start_lot=0.01/range=38/tp_in_money=0.5/Capital about $450/the rest ootb

I back tested it Sep 11 to Aug 12, looks safe & did not blow up. Profit $420 which is about 90-100%. Drawdown $144. Maximum lots 0.16 happened only twice in 12 months. Of course there is a chance it will hit death trade. It has not happened in last 12 months, so u have to ascertain what this risk level mean to u & decide whether u want to stomach this risk. To further reduce risk, u can switch off during announcements or NFP days.

Although martingale is known for blowing up accounts, sometimes the demise could be due to missing historical data or lot size to capital is overstretched. So if your back test blows up, u might want to check the transactions or increase your capital.

Take note if u increase the lots, u must also increase the TP money & capital proportionately & simultaneously.

I think it is pointless to restrict the trading hours as there is no assurance that the trades can be closed before london closes.

Hope this helps

Hi all,

I admit that for once I didn't read the thread from the very beginning, hope you'll forgive that.
I know a little bit this EA and would like it to be modified a little bit..

Its a SWB grid with an hedging function in order to preserve our account from the death run.
Let say that we're trading in a downtrend (to buy) with a 10 levels grid. At the level10, the buy order is triggered and the hedge sell order as well.
Cause we're most probably in a downtrend rather then in an uptrend, the sell order is a lot more heavier.

If the price goes up again, as the sell hedge trade is heavier than I'll close this set at the same time, when the Buy orders will close.
It'll be then a loss, but :

1: There's no strategy without some losing trades,and there is not that much death run...
2 : You gave yourself another chance to still be in profit by going with the trend by hedging the entire position
2: it's a loss but it's always better than a death run.

We can always minimise them by starting to hedge when there's more probability that the trend is going the other side.The more levels are against us, the more probability the trend is strong.
We all could backtest this strategy with different levels...

If the price goes down, I'd like the EA be able to close all the orders (10buy+the hedge trade) as soon as it has reached "x"$ TP.

At the moment, It doesn't work exactly like that (either you set a tp for the hedge trade and close it manually, or you'r gonna hedge the hedge till the price reverse again....)
Not my kind of trading.You just don't have to be greedy and don't forget the goal of this hedge trade : to secure the account, not to earn money from.

Hope it make sense, and above all Hope A CODER will give a try, there's probably just few lines to add.

By "googling" a little deeper, I also found this version of SWB with hedging and adaptive range functions.
Thanks to a coder to modify it a little bit to hedge the way I dream of !!

I has got these EA and dont open the Trade since 1 hour. How much work it to frist start?

It all depends on your set up.If the grid size is 200, then you have to be patient...

someone can modif this ea...???

please help modified this ea with
1.add ea with averaging up. when profit in 100pips(exmple) make open new position
2. manual entry with smartobject ( Buy arrow up / sell arrow down)
3. manual close with smartobject ( x)
4. hedging /lock in X level averaging down
5. have 2 magic number ( magic for buy & magic for sell )

Thanks for help
[email protected]

I think that version has adaptive lot size, but I can't see anything that does adaptive range...

Would someone be able to code a version of 4.1.0.3.3.1 h plus that sets the range value the be a multiple of the previous trade?
e.g.
range_multiplier=true
range_multiplier_start=10
range_multiple=1.5

So the 'range' on successive trades would be: 10, 15, 23, 34, 51, 76 ...

thanks in advance...

all you great peoples could you please check this template its look quite promissing on m5

try testing your martingale EA, in January 2001, if passed, try testing also in november2002
use capital <$ 2000

So im guessing this thread is dead now ?

Has anyone used this and traded live and not have their entire account blown already ?

If is all the same to you Andde,

I have been working with a few spins on SWB.

Visit the OBOSthread or Christmas Thread.

Best of the New Year to Ya!

Hello everybody!
I am still interested in SWB GRID 4.1, but seen MT4 has changed to 600 version, it has some problem, can you check it and recode please!
Thanks a lot!
Best Regard!