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Jason Smith  

This was a project to test out Random entry. It does not seem to be profitable. Do not run on a live account

Jason Smith  
If you achieve any positive results, please share them here. Additionally, if you'd like to explore more features, don't hesitate to discuss them here as well.
Karabo Modibu Pare  

I have an idea:

Could we modify the bot to implement a 3 ATR stop loss based on the following parameters?

  • ATR Period: 10
  • Add a 10 EMA to the ATR value.
  • The stop loss will be 3 times the 10 EMA ATR value.
  • We will risk 1% of the account per trade.
  • Once an entry is made, we will set a trailing stop in points equal to 3 times the 10 EMA ATR value.
  • A position will only be entered once the entry is confirmed as closed.

Additionally, we will:

  • Use close prices and indicator values only at the close of each bar, meaning we will base the stop loss and ATR EMA value on the previous bar’s closed values.

This concept is based on Tom Basso’s simple random entry system. Let me know what you think!

Jason Smith  
kpare24 #:

I have an idea:

Could we modify the bot to implement a 3 ATR stop loss based on the following parameters?

  • ATR Period: 10
  • Add a 10 EMA to the ATR value.
  • The stop loss will be 3 times the 10 EMA ATR value.
  • We will risk 1% of the account per trade.
  • Once an entry is made, we will set a trailing stop in points equal to 3 times the 10 EMA ATR value.
  • A position will only be entered once the entry is confirmed as closed.

Additionally, we will:

  • Use close prices and indicator values only at the close of each bar, meaning we will base the stop loss and ATR EMA value on the previous bar’s closed values.

This concept is based on Tom Basso’s simple random entry system. Let me know what you think!

This is a clear and well-structured strategy, and implementing it based on the specified parameters you mention is certainly feasible. I'll take a closer look at it this week when I have the time. If necessary, I'll consider building it from scratch. Thank you for taking the time to share your valuable insights!

Karabo Modibu Pare  
Jason Smith #:

This is a clear and well-structured strategy, and implementing it based on the specified parameters you mention is certainly feasible. I'll take a closer look at it this week when I have the time. If necessary, I'll consider building it from scratch. Thank you for taking the time to share your valuable insights!

Cool , let me know. Remember we have no take profits only trailing stops and entry is randomy like your EA, forgot to mention that. And that's about it. 

It's roughly taken from the following video: 

https://youtu.be/4BaMwwJeKEA?si=UoiyrWDwx4EAuoAV

Jason Smith  

You want me to add Martingale and Anti-Martingale to this bot?

I’ll include both this weekend. 

Appreciate the feedback. Thanx

Jason Smith  

Ive added the feature. Just testing.

Look back here over the weekend.

Martingale Example (losses increase):

Step 0: 0.1 lots → LOSS → Step 1: 0.2 lots
Step 1: 0.2 lots → LOSS → Step 2: 0.4 lots  
Step 2: 0.4 lots → LOSS → Step 3: 0.8 lots
Step 3: 0.8 lots → WIN/LOSS → **RESET** (MaxSteps=3 reached!)
Next trade: Step 0: 0.1 lots

Anti-Martingale Example (wins increase):

Step 0: 0.1 lots → WIN → Step 1: 0.2 lots
Step 1: 0.2 lots → WIN → Step 2: 0.4 lots  
Step 2: 0.4 lots → WIN → Step 3: 0.8 lots
Step 3: 0.8 lots → WIN/LOSS → **RESET** (MaxSteps=3 reached!)
Next trade: Step 0: 0.1 lots

The system now properly steps up and resets based on reaching the maximum number of consecutive steps, regardless of profit/loss on the final trade.
Jason Smith  

RandomPulse new menu

You can use as many steps as you want for both Martingale and Anti-martingale

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