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SIEA Max MT4

SIEA MAX provides a balanced risk-reward ratio and survives all market circumstances easily - even the most critical ones like Corona, Brexit, etc.

The system's patience and discipline are rewarded with great profits for its users. That's why we called it MAX.

MT4 isn't capable of executing multi-symbol strategies in its strategy testerWe recommend using the SIEA MT5 versions to run realistic real-tick multi-symbol backtest.

Get more information, like FAQs, backtest reports and tips for the right DST/GMT settings in our public SIEA FAQ


TRADING STYLE


SIEA MAX trades all 28 trading pairs based on the 8 major currencies USD, CAD, EUR, CHF, GBP, AUD, NZD, and JPY.
Our unique real trading volume analysis determines market imbalance and how intense they are to spot reverse entry opportunities.

SIEA MAX holds its positions as long as it's necessary to provide you with the maximum profit.
The average trade duration is 10 days, but it can take much longer in some cases.

Please check upfront if you are willing to handle the stages of a floating drawdown and adjust your drawdown limit accordingly.
If you prefer a shorter trade duration and regular reset of the entire trading system, we recommend using SIEA ZEN.


NEWS HANDLING

SIEA MAX comes with a built-in news filter that stops new trading positions around central bank news events.

All other events with a lower impact are less relevant and won't be considered in our risk management and news filter.


SWAP MANAGEMENT

Swaps are the most underestimated factor when it comes to trading, but its a central element in your profit calculation because brokers charge swap very differently.
Due to the differences in interest rates, trading positions are differently profitable based on your account currency and the broker you trade with.
SIEA MAX considers these circumstances with a specific swap management module that avoids expensive trades and monitors the swap constantly.
It also uses a special swap break-even function to prevent you from holding price intense trading positions.


RISK MANAGEMENT

SIEA MAX use bulletproof global risk management that survived all difficult market situations of the past years like Brexit and Corona and even the SNB event back in 2015.
We achieve that by using just one risk/drawdown limit for the entire trading system instead of individual stops per trade, which protects us from any flash crash scenario.

SIEA MAX offers one parameter where you determine your maximum acceptable risk and the entire money management will be adjusted accordingly. 


The SIEA series 

SIEA ZEN - the "peace of mind" version with great profits and low drawdowns, ideal for everyone, beginners and pros
SIEA MAX - the advanced version with higher profits but longer floating drawdown periods, ideal for experienced traders
SIEA PRO - the fully customizable SIEA version to create the most suitable setup yourself, ideal for professional traders


TECHNICAL REQUIREMENTS 

1. Please add the following URLs to the list of allowed URLs in your terminal properties

    - for the volume data it's https://stein.investments
    - for the news module its https://nfs.faireconomy.media/

2. Install SI Connect MT5 and run it on one separate chart in the background of your terminal
-   it's a pure data handler that downloads all relevant information from our data centre automatically

3. Run SIEA MAX on just one chart, it's a multi-symbol EA that handles all trades out of just one chart

4. A VPS is clearly recommended. Contact us if you need a cheap and reliable VPS provider.


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Version 2.14 2022.04.08
Fixed bug on CloseOldest when ADD or CDD limit is reached

MT4: Fix buged on AccountFreeMarginCheck() in Symbol.mqh 1.08

Added detection of Magic Number changes when positions are open to avoid leaving trades unmanaged by an accidental change of the Magic Number.
Version 2.0 2022.02.18
General improvements and minor bugfixes
Version 1.70 2022.01.06
Fixed MT4 backtest "symbol not found" error.
Version 1.69 2021.12.29
Fixed wrong comparison price used on BUY trailing (bid instead of ask)

Improved debug information to investigate rarely appearing memory issue

Improved panel information message

Improved time filter
Version 1.64 2021.11.22
Fixed issue in version 1.63 using the wrong version of some library
Version 1.63 2021.11.22
Improved MT4 symbol management and margin calculation

Fixed market open detection
Version 1.61 2021.11.07
Improved communication with SI Connect

Fixed backtest issue at the weekends
Version 1.60 2021.11.02
Fixed "zero trade" bug at the very first backtest when the volume data isn't fully downloaded yet
Version 1.59 2021.10.29
Fixed symbol suffix issue

Improved wrong symbol inputs processing

Improved "Leverage too low" logging

Added management of missing direct conversion symbols

Improved error processing

Improved news indicator management
Version 1.56 2021.10.21
Fixed Take Profit update after EA restart

Fixed Breakeven Trigger not updated after EA restart

Security: Improved checking correct levels are used
Version 1.54 2021.10.05
Fixed live profit update

Optimized common access to news files when using several instances in one account.