Oh well, it finally crapped out on May 10, 2010 ... with $1,500 profit.

SWB Martingale EA

Hey, this test ran all the way from 6-17-09 to 3-19-10, although there's a big chunk of data missing between 9-28-09 and 12-01-09. That's because I'm testing it on a mini account and I am unable to get the data from MetaQuotes. I was mainly ...

SWB Martingale EA

Oops! Sorry. You will need to download this and put it in your indicator folder.

SWB Martingale EA

This is a term others have used when describing an EA that opens orders while following the trend. While they describe the way this EA typically operates as counter trend ... although I think it may be more a matter of establishing a pivot point. I ...

SWB Martingale EA

Added Velocity Indi to Forward Trend — Okay, I just added velocity indicator to forward_trend. To use, set use_velocity to true and, you might want shut the hedge off. I'm also not sure which period or offset settings are the best so, you'll ...

SWB Martingale EA

Modified Version 05_D — Okay, I made a few mods to version 05_D ... First, I standardized h_rsi_entry and made h_velocity optional ... although to use either, h_rsi_entry should be set true. Or, if it's set to false, the hedge won't work. ...

SWB Martingale EA

Sounds like it's working right. If override RSI is strong enough at the time it's supposed to closeout on TP, it will bypass TP in order to continue the trend. It also means the signal isn't anywhere "weak" enough to closeout using RSI exit, which ...

SWB Martingale EA

Still Firing by Level ... — Okay, I had to modify it a bit. Before, it was still tied to each trade from the last level. Meaning it was just like having the hedge set to level 1, and firing at each successive level if criteria was met. I've ...

SWB Martingale EA

version 05_D / Hedge Velocity Trigger — Okay, here is version 05_D. It should fire anytime after first trade. Also, if you set h_velocity to false, it should work with h_rsi_entry as well ... just for comparison. Yes. Oh, there's also a ...

SWB Martingale EA

It works on levels. Do you think it would be a good idea to have it fire on velocity alone? I suppose we could try it. At one point I did, but now I just have h_top_level set to 100 (it's not the same), which really doesn't mean anything at this ...

SWB Martingale EA

I just added h_velocity indicator option which, if you set to true, overrides h_rsi_entry settings. It's just preliminary, but I thought you might like to see it and try it out. It's incorporated as part of version 05_C download.

SWB Martingale EA

I'll take a look at this when I get time. Right now I have to address this issue you brought up via PM. It sounds like a good idea though.

SWB Martingale EA

It looks it works better with lot_multiplier set to 2.0, at least for forward_trend. It's probably okay for counter trend mode though. It might also be a good idea to set a maximum range, so you don't wind up in no-man's land without a retrace. ...

SWB Martingale EA

Version 05_C / Range Multiplier — Okay, I've added a range multiplier, similar to the lot multiplier. And here, I set the default to 1.5, and set lot multiplier default to 2.5. I initially tried it in forward_trend mode, and it makes a big ...

SWB Martingale EA

Overbought and oversold? I have heard this before, but no, I'm not sure what it means?

SWB Martingale EA

Velocity? Yeah, that might better, except that's kind of what I thought the RSI was supposed to do. Maybe not?

SWB Martingale EA

Great! ...

SWB Martingale EA

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 ...

SWB Martingale EA

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.

SWB Martingale EA

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.

SWB Martingale EA