Sure Fire is a price action EA combined with martingale money management.
The strategy is open source contributed by John Carricaburu - The "Sure-Fire" Forex Hedging Strategy.
I have added proprietary entry system which gives the system an extra boost and a modified martingale function.
The modified martingale is a tone down version and greatly reduce the risk of blowing the account.
- Cycle - Control the martingale (1 = Pure Martingale, 2 and above = tone down Martingale)
- Spacing - The TP and SL value in Pips (TP = SL)
- Trend - Sampling data for entry system
Optimization Tips and Tricks
Recommended not to open trade on Thursday and Fri to prevent trade from encountering Gaps over the weekend
Space is value must not be too narrow else will get whipsaw a lot and blow the account
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Total rework on the dynamics of this EA
- New entry algorithm.