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Mangesh Vasant Chinchalkar  

I cant tell which is the only one BEST setfile..

Some traders dont want more trades and more DD...

some are comfortable with more trades and DD even upto 30-40% also...

So its all relative...

Now I have given you all options and explained everything in detail in PDF...

so now u can test everything on demo account and find which Setfile is best for you..

Read attached PDF also to understand all inputs in detail.

Mangesh Vasant Chinchalkar  

Please find Template and 72 set files of Samartha_101.6

Please read the attached PDF files and apply the EA as mentioned in PDF Files using template and presets

If the market is closed, it may search data and it wont show dashboard. So please wait till market opens.

File:
Samartha_101.6.zip  1611 kb
Mangesh Vasant Chinchalkar  

Just Uploaded 101.8 version with some improvements.

Please find Template file, Set files and 3 PDF files as User Manual. 

In case of any issues please contact me on PM here or on Whatsapp +919890059592

File:
Samartha_101.8.zip  1618 kb
Mangesh Vasant Chinchalkar  
Please find link of webinar by me on all aspects of Samartha

https://drive.google.com/file/d/1KnVQdk8B4LNaDaKX0uEahHcEYiVbA_qC/view?usp=sharing

Small first part is missing where i explained that Samartha is NOT taking trades against Trend...  but it takes when trend changes and starts a new trend

I am just now working on one improvement for trade entry based on Price Action.. Will update EA in 2 days

Thanks
Kwok Keung Cheng  
Kwok Keung Cheng:
I am using VPS, it that ok?

And also, in Darwinexhave order now, but in ICMarket haven't, why?

Because the price is different in 2 company?

Mangesh Vasant Chinchalkar  

102.1 Version updated

1) Mainly it has a new check called as Max ATR factor.. EA will calculate Average value of ATRs of all 29 pairs.. Then it will skip the trades of those pairs which have ATR value 1.5 times of this average. This 1.5 value is kept as input in input no. (19a)

This will avoid trades for more volatile pairs and will give room for less volatile pairs to trade

2) Now there are 15 final recommended Set files attached herewith.

You can select the required 1 (or max 2) Set file based on your Capital and Risk Capacity.

Please read attached Apply Presets PDF file

File:
Mangesh Vasant Chinchalkar  

New feature added in Samartha for Trend Based trading

1) This is additional feature in Samartha 102.2 for Taking Trend Based trades on multicurrency strengths basis

2) You have to set (0) Entry Mode input to "AlongTrend" option (Or select set file from 2xxxx series)

3) Whenever strengths of two currencies come very close to each other the First Trigger is generated

4) Whenever strengths of two currencies start parting with each other and cross breakout value then strong currency will be bought and weak will be sold

5) There are two additional checks for checking whether there is trend in favourable direction and there is good momentum

6) If strengths go apart more without trend coming in favour then the triggers are cancelled

7) There is no averaging in this trades.

8) The trade gets trail SL to book profit

9) The trade is stopped out when opposite trade is opened.

Please find attached 15+15 set files, 2 templates and required documents

File:
Samartha_102.2.zip  1602 kb
Mangesh Vasant Chinchalkar  

Now there are two modes in Samartha (a) Reversal Mode and (b) Trend Mode. You can set this mode using input no. (0) Entry Mode

If you wish you can use any one mode (either Reversal OR Trend)... If you wish, you can also use both modes simultaneously on two charts using two template files

How to use two modes in Samartha simultaneously in two modes

1) Open a Chart say EURNOK on H4 and apply template "Samartha_102.2_10103" so this will work in Reversal mode

2) Open one more Chart again EURNOK on H4 and apply template "Samartha_102.2_20103" so this will work in Trend Mode

Both modes give different entries at different prices.

After Applying the templates please see whether you see Samartha name on Right top with smiling face

If you wish, after applying templates you can press F7 and then apply some other set file or change any inputs.

PLEASE READ ALL PDF FILES before changing any inputs

Andrew Lee  

With regard to the last update for Samartha...

Now that we have trend and trend reversal options, what did the previous version use?

Say if we just wanted to use the EA like it was in version 102.1 - what settings could we use?

Mangesh Vasant Chinchalkar  

Hi All

When Market is flat and trending at middle (not to any extremes) then Samartha Reversal mode will not take trades, which is quite logical and safe.. You can see on Samartha Chart that most of the pairs have strengths < 40-50 in P3 Column, which indicates that the market is not at any extreme. (You can also open any pair in H4 and apply RSI 10 period and see its value is ranging at middle near 50)

Hence in last week I introduced Trend mode in Samartha... So when market is at middle (some pair strengths are even < 10) then when the currencies start parting from each other, the trade will be taken in Direction of Trend (Cross checking with other Trend Indicators)  Please note following points for this mode

1) This mode is suggested to work only for one trade per pair and not averaging. Because if trend reverses, its better to exit with SL than go on averaging

2) This trade will have a Auto SL (Input no 32 set to AutoSL) based on last low / high of few candles

3) You can even have ATR based SL (Input no 32 set to SL and input no 33 set ATR Factor for SL)

4) It may have Trailing SL or Fix Target as per your choice (Input no. 35 set to First Trail or Fix Target)

To use this mode along with earlier reversal mode, please do following

1) Open Chart say EURNOK on H4 and apply template (Samartha_xxx_10xxx)... This will apply EA with Reversal mode 

2) Open one more chart Chart again say EURNOK on H4 and apply template (Samartha_xxx_20xxx)... This will apply EA with Trend mode 

You can apply Either Reversal or Trend or Both charts as required.

I am presently finalising the setfile for Trend mode and doing some checking in live market.. After completing I will send final version with Both modes working fine.

Mangesh Vasant Chinchalkar  

Samartha Version 103.0 Installation

1) Go to “File” on left top in MT4 and click on “Open Data Folder”

2) Please Copy attached “Samartha_103.0_10103_MQL.TPL” and “Samartha_103.0_20103_MQL.TPL” file in "Templates" folder

3) Open a chart e.g. EURNOK on H4 (pair which is not from 29 pairs of Samartha)..

4) Remove all indicators from Chart otherwise they will disturb the Dashboard Visibility.

5) Right Click on chart and Load Template "Samartha_103.0_10103_MQL" (Reversal Trading mode)

6) Open one more chart e.g. EURNOK on H4 (pair which is not from 29 pairs of Samartha)..

7) Remove all indicators from Chart otherwise they will disturb the Dashboard Visibility.

8) Right Click on chart and Load Template "Samartha_103.0_20103_MQL" (Trend Trading mode)

9) Please check chart showing "Samartha_103.0 is working" message on left top and Smiling face on

right top.

Message me on whatsapp for any additional information or help.

Regards
Mangesh

+919890059592

NEW SET FILES ARE ALSO ATTACHED IN ZIP FILE HERE


File:
Samartha_103.0.zip  2008 kb
Mangesh Vasant Chinchalkar  
Samartha Version 104.1 Applying Templates to Start the EA


1) Go to “File” on left top in MT4 and click on “Open Data Folder”


2) Please Copy following files in "Templates" folder

a. Samartha_104.1_10103_Reversal.TPL
b. Samartha_104.1_30103_Trend.TPL


3) Open a chart e.g. EURUSD on H4 (pair which is not from 29 pairs of Samartha)..


4) Remove all indicators from Chart otherwise they will disturb the Dashboard Visibility.


5) Right Click on chart and Load Template "Samartha_104.1_10103_Reversal "


6) Open one more chart e.g. EURUSD on H1 (pair which is not from 29 pairs of Samartha)..


7) Remove all indicators from Chart otherwise they will disturb the Dashboard Visibility.


8) Right Click on chart and Load Template " Samartha_104.1_30103_Trend "


9) EA will be applied to chart automatically... (Please ensure that EX4 file is copied in

"\mql4\experts\market" folder)


10) Please check chart showing "Samartha_104.1 is working" message on left top and Smiling face on

right top.


Message me on whatsapp for any additional information or help.

Regards
Mangesh
+919890059592
File:
Aussie Trader  

Results for the last two versions have been disappointing. I hope the next version produces better performance



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