After receiving from you, I'll come to you with some interesting informations regarding this topic. The twelved session would be 3. Also if achievement in modding, creating, or finding a similar system please attach it in your post. To add comments, please log in or register. Hi Fellow Trades, Back Story: They both have threads on ForexFactory with explanations of how the system works and the actual EA along with calculators.
Both versions of this Semi-Martingale system were developed some time ago and at this point are either outdated or their creators have ceased to post updates on their threads. Probably oversimplifying here but I just want to be clear so I can get some help. I want to implement the system and would love and appreciate your help in helping me do so. Either by pointing me in the direction of a system that is a replica of the two, creating an EA that works exactly as these do or by helping me modify the existing code so that it works for me and all those others who are interested.
FXTradePro is available in many forms and clones all over the net since its introduction back in so if your touchy about modding or touching this one for the save of your research just work with the PowerSM. If you believe you can help please post on the thread or simply send me a message. How The System Works: Below I will break down this idea into the pertinent details: Our Stop Loss is set to 10 Pips at 1.
This Sequence Of Trades continues each time our Stop Loss is hit, with the resulting trade going in the opposite direction of the previous trade. In the above example our Initial Entry was a Buy. To summarize the above: We never have more than 1 position open at a time during a Sequence Of Trades unless we are trading more than 1 pair at a time.
In my experience trading the Strategy over a period of more than a year and using highly selective entries, the vast majority of my trades close by the 12th entry or sooner, leaving plenty of room for unexpected market events.
The first 4 trades in the Sequence, with 0. Since my Stops are tight on each trade 10 pips , I generally prefer to trade Pairs with a pip spread of 5 or less. For pairs with a bigger spread, TP and SL settings, as well as the Sequence of Lot Sizing, need to be modified to accommodate the larger spread.
I will post the. Please Post your comments and let me know if anyone is interested in learning more about this method. If interest is strong, I will invest the time to continue in more detail and consider the possibility of starting a Journal detailing my Entries and Results.
Dear Friend I cann't open your attached files. So can you send me once again on below e-mail id: They both have threads on ForexFactorbdy with explanations of how the system works and the actual EA along with calculators.More...