If anyone has issues with the text display when using ultra high definition displays (4K UHD), Mangesh has built in properties so you can adjust the display settings.

The two columns in Dashboard 4 can't be split (Buy trades/Sell Trades), so I had to make the text size smaller so it would display without overlapping.

After some experimenting, you can try these settings so the text displays nicely...

Result on 4k display:

I

Thanks Andrew... Such positive efforts for giving feedback are really well appreciated :)

Anyone wants to test Samartha on Demo account in live market.. Please send me your email ID here or on whatsapp (+919890059592).. I will email you the demo version by email which you can run in live market on demo account for few days.

Then you can buy it from here https://www.mql5.com/en/market/product/48629#

1) Hi.. if u want some more trades, you can make the input MFI_Check False.... Press F7 and Make it false and press OK....

2) Please note that the first trade starts trailing SL and books profit after reaching input given by "Trail SL Break Even Factor"...

Also, if there are more than 1 trade then combined profit of both trades is booked controlled by input "Pair Exit Profit per 0.01 Lots".....

if u want EA to book profit early and close the trades then you can reduce the default values of these 2 inputs... If you want to wait for more profit you can keep them default

I request everyone to study PDF and Understand each and every input and its implications... There are many many inputs given in EA which can be set as per requirements.

The default inputs may not be suitable for everyone, since everyone has different risk taking and holding capacity....

So please study them and use the EA accordingly.. Ask me in case of any doubt.

I request everyone to study the below blogs and Understand each and every input and its implications... There are many many inputs given in EA which can be set as per requirements.

The default inputs may not be suitable for everyone, since everyone has different risk taking and holding capacity....

So please study them and use the EA accordingly.. Ask me in case of any doubt.

https://www.mql5.com/en/blogs/post/735536, 

https://www.mql5.com/en/blogs/post/735537, 

https://www.mql5.com/en/blogs/post/735538

Hi 

If you are interested in Testing the Demo version of Samartha EA in live market for few days please get added yourself in below whatsapp group

Thanks

https://chat.whatsapp.com/G466vVkpxDMLBDd3vY6hok

I am updating new version 101.5

The template and PDF is attached herewith

After downloading the EA from market, please do following

1) Open MT4 and go to File > Open Data Folder

2) Go to "Templates" folder and copy attached "Samartha_101.5_PRO.tpl" there

3) Open a chart EURNOK in H4 and right click and load this template.. There is no need to apply EA if u load template.

4) If you are not sure, please take full screenshot and send here..

Regards

Mangesh

Hello Mr. Mangesh :

  We have bought your EA just based in a theorical potential as there is no backtest because the lack of multicurrency capabilities on MT4.

  The first thing I want to notice is that the default parameters has changed from the 101. 4 version ( we were having with my partner Lordorly on test) to the 101.5

 they look values more elevated and therefore making the trading more restrictive .We wer having good results in our Solidary Markets FX account for the past week with the previous settings.

I wuld like to know wich objective criteria are you following to determine the parameters. Why you thng these new parameters has to be better than the previous and haow this has been tested in a way or another.

Some considerations  of vital importance for the future development of the EA :

a) Even if the multicurrency capability will not be available in MT4 I think has to be possible to test backtest of each currency in a separated way.

   Understanding that most of the times the trading is conducted with opening and closing the trades pair by pair and not in a basket of pairs..the testing of each currency individually will give a  perfect vision of the potential wins of the EA related to its DD and that will allow to find the best stastically right values for the different pairs.

  To behonest..to test without backtest will be very painfull and taking years of work tofind valid conclusions.

b) I will encourage you to make as soon as possible  conversion to MT5 where the testing will be done multicurrency and perfectly .There are already some brilliant EAs using the principle of currency strengh  ( like Neural Currency of my friend Luis Sabino) .Theyt are fully backesteable.
  There are some poeple specialized in the conversion of MT4 files to MT5 so if you are not experienced in this field we may try to help yo tofind the tight one.

 Hope hearing from you asap

Regards

Harry and Lordorly

Thanks for such a positive and detail feedback.

1) The default parameters are now worked out with some calculations so that a worst case (say 3 trades per pair and 5 total pairs gone to 200 pips down), the DD would remain in range below 20% (with Martin) and 12% (without Martin).. These are safer settings now as default...  Trader can make the EA more dynamic by reducing breakout strengths OR by increasing number of Trades / Pairs etc.

2) Basically this EA waits for a 2 currencies reaching either extreme and then trades that pair. Earlier single smaller period of RSI was used to check whether the currency is at extreme or not. It was giving more ups and downs and hence more trades. But may be some of them would have been early / false trades. Now I am using 3 different period (small, medium, high) RSI to check whether the currency has really reached extreme, so its actually triple check introduced. This may reduce the quantity but surely increase the quality of trades. We can anytime reduce the breakout strengths if we want more trades.

3) The EA can be backtested on single pair on one chart now. But since one pair (e.g. EURUSD) needs to read data for 7 pairs of EUR and 7 pairs of USD, if this data is not available then it gives misleading results. But yes, I will surely work on MT5 version so it can be bakctested.

 example 1 and 2
1) AUDCAD now... all 3 RSI are at center on H4... so no possibility of trade on it (in earlier or this version)

2) CADCHF now RSI-5 is at extreme but rsi-10 and 14 are at center.... Earlier version would have traded.... This version will wait for other two also.... Better to wait

2 Samartha trades... when all 3 RSI went to extreme in last 3-4 days... (Yellow....sell trade... Blue.... Buy Trade)

Hi all... There are no trades last 1-2 days..

There are 2 reasons (1) Market is overall flat and (2) Latest 101.5 default settings are more on safer side with 3 RSI Periods used for Strength Calculation...

With the same version, trades will  be taken but may take more waiting time till market moves on all periods..

So meanwhile i have made on change in EA and uploading 101.6 version... I have kept all the 3 RSI periods open in Inputs as input nos. (5a), (5b) and (5c)

Default values are as follows

(5a) RSI Period-1 = 5

(5b) RSI Period-2 = 10

(5c) RSI Period-3 = 0

If you want to make this version trading similar to version last week then u can give following inputs

(5a) RSI Period-1 = 5

(5b) RSI Period-2 = 0

(5c) RSI Period-3 = 0

Dont make (5a) Zero

Hi Mr. Mangesh  :

 Thanks alot for your explanations.

I ve carefully downloaded ALL 29 symbols history in MT4.

then I ve tried to backtest with the default the EURUSD ( with FALSE has to be true always multipair of ocurse)

It makes backtest but does not looks like very fine...

The orders are set with SL and TP while it was set in the parameters the Averaging and not the SL .So its like the EA not reacting acording with the expected.

Is it the EA reading the values of the related EU and USD paris to make the calculation while backtesting ? IF so the results has to be equivalent to the live results considering pair by pair.

Please let me know

Harry Sadasoft

False

That input has to be TRUE always... If you put it false then it opens some test sample trades. They are not Samartha regular Trades.. Hence its specifically mentioned to keep it TRUE. 

Thanks Mangesh 

I ve already tried and now it works slow but fine

Thanks for the support

Harry Sadasoft

Attaching various set files for Samartha 101.6..

Presently default settings are on safer side.. hence it may open less trades. If you want to try some changes to increase the trades you can select a set file and attach to chart. Please check its settings implications if u want to apply to real live account

How to apply a set file... (1) Copy the set files in \mql4\presets folder (2) On chart where Samartha is applied, press F7 and then click Load and select required setfile

1) 100 series means only single RSI (5) is used to calculate strength (more trades than double RSI)

2) 110 series means two RSI (5 and 10) are used to calculate strength

3) 3x & 4x Series are D1 (3 non martin and 4 martin)

4) 5x & 6x Series are H1 (5 non martin and 6 martin)

5) 7x & 8x Series are H4 (7 non martin and 8 martin)

e.g. 11082 is H4 Martin with 2 RSI Check

e.g. 10051 is H1 Non Martin with 1 RSI Check

last digit 1, 2, 3, 4 means breakout strengths reducing (trades increasing)... so 10071 will have less trades than 10074

Comment and Magic number is also diff for all sets

so if u wish u can open more charts and apply different set files to different charts

Default Set for Samartha 101.6 version is Non Martin + 2 RSI Check + H4... so its 11071