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Siwakon Poonsawat  

myfxbook.com/strategies/relativity-system-ea/89250  

Siwakon Poonsawat  

Update Version 1.1 - 2015.11.05

  • Added the spread protection function. 
  • Auto GMT calculation function. 
  • Improved performance. 
*Run on EURUSD timeframe H1 (one currency only) for the best result.

 


Advantages

  • No martingale
           Relativity System not used the Martingale method to increase the risk of trading.
  • No Scalping
           Relativity System open all order by pending order with stop loss and take profit clearly.                                                                         
          * That difference to general EA which often uses a Trade Scalping, so there is always some problem such as
              - Can’t make profits when broker have high spread . 
              - There is different result from the Backtest when using in real time.
  • Low Drawdown but High Return
           At risk setting 5% per trade the system have average profit = 25% per month , Max Drawdown = 15%  , Risk:Reward = 1:3  (2010-2015 Testing).
  • Trend following system

           Every order is made by considering the direction of the market price from Elliot wave theory.

  • Smart risk management method

          There is the risk management system of every trade clearly calculated by a percentage of an account balance.


Ryan Mann  
How is this supposed to work? It scalps in the seconds! will be super broker sensitive and might not even give good results with ECN higher balance broker?
Siwakon Poonsawat  
Ryan Mann:
How is this supposed to work? It scalps in the seconds! will be super broker sensitive and might not even give good results with ECN higher balance broker?

 

I thought you have bad experience with regular scalping EA  

Regular scalping EA  often uses a trade scalping and open order by instant send order, so there is always some problem from slippage such as

  • Can’t make profits when broker have high spread . 
  • There is different result from the Backtest when using in real time. 

 

But RELATIVITY System is different because Relativity open all order by pending order method . 

So you will got exactly price to open order or just little slippage.

 

Best Regard. 

Ryan Mann  
Siwakon Poonsawat:

 

I thought you have bad experience with regular scalping EA  

Regular scalping EA  often uses a trade scalping and open order by instant send order, so there is always some problem from slippage such as

  • Can’t make profits when broker have high spread . 
  • There is different result from the Backtest when using in real time. 

 

 

Best Regard. 

I have my good and bad..


This is kind of funny!~ Thinking the ending order will make any difference? I once thought this too but ECN model doesn't operate this way.


All I can say is good luck to this.

Siwakon Poonsawat  

Version 1.3 UPDATE Breakthrough Development 


myfxbook.com/strategies/relativity-system-ea-v13/92848 

 

*Breakthrough Development 
  •  No longer use trailing stop on EA (No scalping) 
  •  EA open all order by pending order  With fixed stop-loss 5 pips and take profit 20 pips. 

 * Add Month Filter function 

We have found on June and November are bad month because the Forex market are usually sideway on mid year and end of the year 
 (From 2010-2015 five years testing) if setting Month Filter = True EA will not make any trade on June and November.
Sairoong Kidtook  

Expensive but good EA

Sad you are a little bit อวดรู้ with foreigner i know well my country !! 

Sairoong Kidtook  
Sairoong Kidtook:

Expensive but good EA

Sad you are a little bit อวดรู้ with foreigner i know well my country !! 


งานที่คุณทำมันดีอยู่แล้วแต่ความรุ้สึกนึกคิดมันอวดสำหรับคนต่างชาติ
trademae  
The EA ordered only one.
(buy stop 1.02 USDJPY at 111.217)

~Experts logs~
2    15:00:56.936    Relativity System USDJPY,H1: open #6401766 buy stop 1.02 USDJPY at 111.217 sl: 110.745 tp: 112.161 ok
0    15:00:56.936    Relativity System USDJPY,H1: Operation details: Speed 125 ms | Slippage 0.0 pips
0    15:00:57.045    Relativity System USDJPY,H1: New order error: Too many requests (141)
0    15:00:57.155    Relativity System USDJPY,H1: New order error: Too many requests (141)
0    15:00:57.264    Relativity System USDJPY,H1: New order error: Too many requests (141)

~Jounal logs~
0    15:00:56.811    '80035898': pending order buy stop 1.02 USDJPY at 111.217 sl: 110.745 tp: 112.161
0    15:00:56.936    '80035898': order was opened : #6401766 buy stop 1.02 USDJPY at 111.217 sl: 110.745 tp: 112.161
0    15:00:56.936    '80035898': pending order sell stop 1.02 USDJPY at 110.745 sl: 111.217 tp: 109.796
1    15:00:57.045    '80035898': order sell stop 1.02 USDJPY opening at 110.745 sl: 111.217 tp: 109.796 failed [Too many requests]
0    15:00:57.045    '80035898': pending order buy stop 1.02 USDJPY at 111.217 sl: 110.745 tp: 111.694
1    15:00:57.155    '80035898': order buy stop 1.02 USDJPY opening at 111.217 sl: 110.745 tp: 111.694 failed [Too many requests]
0    15:00:57.155    '80035898': pending order sell stop 1.02 USDJPY at 110.745 sl: 111.217 tp: 110.263
1    15:00:57.264    '80035898': order sell stop 1.02 USDJPY opening at 110.745 sl: 111.217 tp: 110.263 failed [Too many requests]

Why?
Please fix the ea.
trademae  
Please change the ordering time of multiple orders.
If the EA failed to order, please order repeatedly.
trademae  

Please do not limit the leverage.

Siwakon Poonsawat  
trademae:
Please change the ordering time of multiple orders.
If the EA failed to order, please order repeatedly.


No that not repeat order. that are 2 TP level strategy of EA.

     First order  TP = 1X of SL (2.5% of balance)

Second order   TP = 2X of SL  (  5% of balance)

Siwakon Poonsawat  
trademae:

Please do not limit the leverage.


Sorry but minimum leverage = 1:100  We recommend ECN,STP Broker Regulate by FCA like ICmarket , XM , Peperstone 

Regards.

Siwakon Poonsawat  
trademae:
The EA ordered only one.
(buy stop 1.02 USDJPY at 111.217)

~Experts logs~
2    15:00:56.936    Relativity System USDJPY,H1: open #6401766 buy stop 1.02 USDJPY at 111.217 sl: 110.745 tp: 112.161 ok
0    15:00:56.936    Relativity System USDJPY,H1: Operation details: Speed 125 ms | Slippage 0.0 pips
0    15:00:57.045    Relativity System USDJPY,H1: New order error: Too many requests (141)
0    15:00:57.155    Relativity System USDJPY,H1: New order error: Too many requests (141)
0    15:00:57.264    Relativity System USDJPY,H1: New order error: Too many requests (141)

~Jounal logs~
0    15:00:56.811    '80035898': pending order buy stop 1.02 USDJPY at 111.217 sl: 110.745 tp: 112.161
0    15:00:56.936    '80035898': order was opened : #6401766 buy stop 1.02 USDJPY at 111.217 sl: 110.745 tp: 112.161
0    15:00:56.936    '80035898': pending order sell stop 1.02 USDJPY at 110.745 sl: 111.217 tp: 109.796
1    15:00:57.045    '80035898': order sell stop 1.02 USDJPY opening at 110.745 sl: 111.217 tp: 109.796 failed [Too many requests]
0    15:00:57.045    '80035898': pending order buy stop 1.02 USDJPY at 111.217 sl: 110.745 tp: 111.694
1    15:00:57.155    '80035898': order buy stop 1.02 USDJPY opening at 111.217 sl: 110.745 tp: 111.694 failed [Too many requests]
0    15:00:57.155    '80035898': pending order sell stop 1.02 USDJPY at 110.745 sl: 111.217 tp: 110.263
1    15:00:57.264    '80035898': order sell stop 1.02 USDJPY opening at 110.745 sl: 111.217 tp: 110.263 failed [Too many requests]

Why?
Please fix the ea.


No that must fix your broker , Because your broker not allow to open 4 pending order at time same time.


EA open order by 2 different TP level , that strategy .

     First order  TP = 1X of SL (2.5% of balance)

Second order   TP = 2X of SL  (  5% of balance)


Example

 1. Buy Stop  SL =  2.5%    TP = 2.5%

 2. Buy Stop  SL =  2.5%    TP =   5%

 3. Sell Stop  SL =  2.5%    TP = 2.5%

 4. Sell Stop  SL =  2.5%    TP =   5%


You should to change Broker.

Please should good broker for trading that very important

We recommend ECN,STP Broker Regulate by FCA like ICmarket , XM , Peperstone 

- Spread should lower than 20 point

- Minimum leverage = 1:100


Regards

VenkiMathur  

I haven’t tried this type of system but from the comments and such, it looks extremely promising and worthy a try. Do I need to use any specific broker for this? I am working with Octafx who are ECN, so it that fine? I have previously traded manually so this is the first time I am going for this type of system. I will go for Free Demo but if it works then I will have no hesitation in going for the full shot.

Siwakon Poonsawat  
VenkiMathur:

I haven’t tried this type of system but from the comments and such, it looks extremely promising and worthy a try. Do I need to use any specific broker for this? I am working with Octafx who are ECN, so it that fine? I have previously traded manually so this is the first time I am going for this type of system. I will go for Free Demo but if it works then I will have no hesitation in going for the full shot.


Do I need to use any specific broker for this? 

Yes , we recommend ECN,STP Broker regulated by FCA like ICmarket , XM , Pepperstone for safety and better result.


Please be careful Octafx No longer authorised by FCA.

https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000m5ZYKAA2


Regards

[Silindi]  

I don’t know but my id is closed for unknown reason, so I am replying through this. I contacted Octafx customer stuff and they said they are working on getting it. Anyhow, I have many friends who operate under Pepperstone, as they are Australian based and if I am not wrong they are licensed by ASIC, but anyway I got my answer to the question about ECN broker that we can use. So, thank you for the reply.

Hyun Jong Yu  

Hi developer.
I am applying EA to my real account by renting EA last week.
USD / JPY We applied 1H for 1H, but have yet to sign a contract.
I have used EA many times and know how to use it.
I need help to see why the contract does not happen.
It would be better if you let us know how to use it.

croker2k@naver.com

Siwakon Poonsawat  
Croker2k:

Hi developer.
I am applying EA to my real account by renting EA last week.
USD / JPY We applied 1H for 1H, but have yet to sign a contract.
I have used EA many times and know how to use it.
I need help to see why the contract does not happen.
It would be better if you let us know how to use it.

croker2k@naver.com


What 's your Broker?

Please check on Experts,Journal tab from metatrader , it show any alert?.


Requirements

  • The minimum leverage is 1:100
  • Broker that allow EA to trade by pending order.
  • ECN,STP broker with a spread of no more than 20 points on USDJPY
  • Minimum deposit = $ 300

        We recommend XM,Pepperstone,ICmarkets,FXCM ,FCA regulated broker.


                                                                   Best regards.

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