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Shmendridge Price Action Master Original w source

Shmendridge Price Action Master Source Code Kit

The Shmendridge Price Action Master Original Sourcecode Kit is the mother of all PAM bots. It can be used to create and optimize custom Price Action Master strategies. In other words, it can be used to create your own custom PAM bots. (please see video) This kit comes with all source codes and .set files of all PAM bots plus detailed instructions on how to use them to create your own PAM strategies/bots. I don't want to sell too many of these kits therefore I will raise the price by 100% after each sale...

The Shmendridge PAM series is a multi-time-frame, multi-symbol series of bots utilizing the trade methodology discussed in the James16 Chart Thread (There is no affiliation in any way between the James16 Group and the Shmendridge Price Action Master). The signals to enter are specific price actions such as varying qualities of "Pin Bars"(hammers and shooting stars) and "Engulfing Bars" supported by a confluence of other criteria in multiple time frames including space (room to move), varying qualities of important levels of support and resistance, trend, varying qualities of pullbacks within a trend, MACD Divergence, Moving Averages as Support and Resistance, Extremes and big round numbers. 

Please see comments area for live account details and other info.


Settings

  • FREQUENCY: Frequency Timer
  • StartDate: date to start trading
  • Enter: entry method
  • Lots: percent of equity to risk
  • MAGIC_NUMBER: magic number
  • Slippage: slippage
  • EXPOSURECHECK: if true will not place correlated trades
  • CheckMargin: if true will calculate if enough margin is available
  • UseHiLow: if true will place stop above/below the price action bar
  • TakeProfit: tp in ATR
  • StopRatio: if non 0, becomes the risk to reward ratio and overrides TakeProfit
  • cusion: cusioning in ATR of the entry orders
  • FTAroom: the minimum space in ATR before the first trouble area is calculated
  • FTApad: the cusioning for the first trouble area calculation
  • BEpm: at first trouble area move stop to break even plus or minus BEpm expressed in ATR
  • BEmax: furthest first trouble area allowed
  • Trail: trailing stop expressed in ATR
  • TrailCushion: cusioning of trailing stop
  • TrailTF: timeframe of which the trailing stop is calculated
  • TwoBarSS: if true engages the two bar smart stop trailing sl
  • MinSize: size in ATR of the smallest bar allowed in the two bar smart stop calculation
  • BRNTrail: if true engages the big round number trailing sl
  • BRNTrailadj: adjustment of he big round number placement
  • Decay: current score will be decayed by this many points on each new bar
  • Thresh: score required to place a trade
  • WeekendClose: if true closes all for weekends
  • UseMaxSpreadFilter: if true engages the maximum spread filter
  • MaxAvgSpread: maximum spread expressed in ATR
  • SpreadStore: amount of readings to take to calculate average spread
  • UseChopFilter: if true will use the experimental chop filter
  • MAX_CHOP: maximum chop reading allowed
  • CHOP_PERIOD: period used to calculate chop
  • CHOP_BARS: amount of bars to use in chop calculation
  • EnterOn: minimum grade of bar to enter a trade
  • scndPAwt: weight of price action score on secondary timeframes
  • EnterOnIB: if true will also enter on inside bars
  • MaxSize: absolute maximum bar size allowed expressed in ATR
  • ..[replace "x" with "A","B","C" bellow]
  • xMaxSize: Maximum size for an "x" grade bar
  • xBarSize: x grade bar size
  • xBarClose: minimum strength of an "x" bar close in percent
  • xPinProtrusion: minimum protrusion of tail of "x" grade pinbar
  • xIBnum: number of consecutive inside bars for "x" grade inside bar setup
  • xScore: score of "x" grade bar
  • ...
  • UseSpace: if true engages the space filter
  • scndSPACEwt: weight of space filter scores on secondary timeframes
  • SpaceLookBack: amount of bars to lookback for space filter calculations
  • SpaceIgnore: Ignore the first SpaceIgnore bars in the space filter calculation
  • SpaceTolerance: amount of tolerance for the space filter calculation
  • SpaceCushion: amount of cusioning for the space filter calculation
  • SpaceScore: space filter score
  • UseTrend: if true will use the trend scores
  • scndTRENDwt: weight of the trend scores from secondary timeframes
  • TrendLookBack: lookback for trend calculation

Please see the 1st comment as I am running out of room in the description area.

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