Thank you for your input Edoranta. I would consider a pure RSI martingale if I knew where to find one
Still the SWB is such a powerful EA, and with a small modification, i believe it will be even better ...
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Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply
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SWB Super Trend 77 replies
Disliked{quote} i got the same issue as well. it also made my mt4 laggy during backtest which is not normal.Ignored
DislikedMartingale is very dangerous strategy because there is very high chances that we trade against the trend.It can blow your account. Here is another indicator that is built on buy/sell strategy. FOR EXAMPLE I Buy at================= 1.3000 TP ======================50 pips SL======================100 If price moves down then there is sell trade I tried this strategy and it is very successfull, I tried this on very complex market conditions" 2008-2014". But the main drawback is profit is very low.If we increase the profit then we also will increase...Ignored
DislikedHi All, Starting this tread to discuss the SWB EA as written by Totom Sukopratmo at the request of a few members so as not to clutter up another great thread by NanningBob. Basically this is a martingale EA. It enters trades on the 5 minute eur usd timeframe using Bollinger bands, stoch and rsi to determine entry. It is set to go 10 levels deep at 0.1 lots at 25 pips per lot. This could result in a draw down of over 5K. However it is rare for the euro to move 215 pips without some small retraces of between 10 and 25 pips and this is where the ea...Ignored
DislikedHi, my name is shyam Can any one add moving average in this swb grid 4.1.mq4 ea ThanksIgnored