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.
- Cycle - Control the martingale (1 = No Martingale, 2 = Pure Martingale, 3 and above = tone down Martingale)
- sHL - Entry system (This value should hover around the default)
- Space - The distance to reverse the trade
Optimization Tips and Tricks
- sHL - minimum 10, step is 5. (It is not advisable to set a large value).
- Space - around the value of half the Daily ATR, example: 50 for EURUSD.
After you run your back test in the strategy, please take note on Maximal position holding time - do not exceed 120, advisable to keep it around 72.
More than 15 years of programming experience.
More than 8 years of trading experience on Forex.
35th position in the Automated Trading Championship 2012.
Get this EA for FREE* when you refer 10 purchase.
* You get 10% referral fee for 1 successful purchase
- New entry algorithm.