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Expert Advisor SecureProfit (By Borys Fesenko )

The user has deleted this system.

Expert Advisor SecureProfit Discussion

jsantos3
Feb 25 2011 at 03:03
272 posts
Martingale always makes a lot of money until something goes wrong. In what ways is this ea different (and better) than other martingale ea's? Thanks
Borys Fesenko (iticsoftware)
Feb 25 2011 at 12:19
121 posts
Any EA makes a lot of money until something goes wrong.
We suggest to monitor the test and make your opinion.
BJF Trading Group
groundwork
Feb 25 2011 at 16:04
3 posts
martin is flagitious...unless you create your own ea decide which indicator to use to open trading options ; not for poblic consumptions...
SolarFX (forexma)
Feb 25 2011 at 16:23
1332 posts
One who dares to let Mr Martin trade a $10k account should be very sure it's safe enough. I will follow this account closely, an interesting one. Martingale could be a powerful tool if used wisely.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Borys Fesenko (iticsoftware)
Feb 25 2011 at 16:34
121 posts
What is classic Martingale betting system? The strategy had the gambler double his bet after every loss, so that the first win would recover all previous losses plus win a profit equal to the original stake.
This approash is not actual with SecureProfit because we do not double trades after every loss.
BJF Trading Group
speki
Feb 25 2011 at 16:58
735 posts
Slow motion car crash - that's what Martingale is - and the investors - the crash test dummies ... mmm mmm mmm ....

let's hope this one's different.



forexma posted:
    One who dares to let Mr Martin trade a $10k account should be very sure it's safe enough. I will follow this account closely, an interesting one. Martingale could be a powerful tool if used wisely.
Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform.
Borys Fesenko (iticsoftware)
Feb 25 2011 at 19:33
121 posts
😄
BJF Trading Group
Borys Fesenko (iticsoftware)
Feb 25 2011 at 20:47
121 posts
SecureProfit opens a set of orders at different levels:

extern string _tmp2_ = ' --- Lots ---';
extern double Lot1 = 0.01;
extern double Lot2 = 0.01;
extern double Lot3 = 0.02;
extern double Lot4 = 0.03;
extern double Lot5 = 0.05;
extern double Lot6 = 0.08;
extern double Lot7 = 0.1;
extern double Lot8 = 0.13;
extern double Lot9 = 0.17;
extern double Lot10 = 0.2;
extern double Lot11 = 0.23;
extern double Lot12 = 0.27;
extern double Lot13 = 0.3;
extern double Lot14 = 0.5;
extern double Lot15 = 0.7;

extern string _tmp3_ = ' --- Orders distance ---';
extern int OrderDist2 = 30;
extern int OrderDist3 = 30;
extern int OrderDist4 = 30;
extern int OrderDist5 = 30;
extern int OrderDist6 = 30;
extern int OrderDist7 = 40;
extern int OrderDist8 = 40;
extern int OrderDist9 = 40;
extern int OrderDist10 = 40;
extern int OrderDist11 = 40;
extern int OrderDist12 = 50;
extern int OrderDist13 = 50;
extern int OrderDist14 = 50;
extern int OrderDist15 = 50;

This is not pure Martingale. This is the expert with complex MM and adding to a position at different levels.
Open of the first position based on MAs direction and daily candle analize.
We make profit on
a) Market trend to direction of first order
b) Market rollback after counter-trend

Hedge options can be used.

//0 - never
//1 - always
//2 - if short series is not started
//3 - if short series is started
extern int StartL 2;

//0 - never
//1 - always
//2 - if long series is not started
//3 - if long series is started
extern int StartShortSeries = 2;

extern bool CloseL false;
extern bool CloseShorts false;
BJF Trading Group
Borys Fesenko (iticsoftware)
Feb 25 2011 at 20:50
121 posts
SecureProfit has Global MM options:

extern string _tmp6_ = ' --- Global Profit ---';
extern bool GlobalSL. true;
extern double GlobalSL$ = 700.0;
extern bool GlobalTP. true;
extern double GlobalTP$ = 150.0;
extern double ExtraGlobalTP$ = 5.0;
BJF Trading Group
jsantos3
Mar 01 2011 at 11:36
272 posts
Open trades was visible, but now locked.
kishorejoga
Mar 01 2011 at 14:47
313 posts
i AM ALSO DOING AND TESTING SIMILAR starategy with Blessing 8 i want some one to modify as per my needs and y testing please help me
https://www.myfxbook.com/portfolio/solid-own/53612
Borys Fesenko (iticsoftware)
Mar 01 2011 at 22:25
121 posts

jsantos3 posted:
    Open trades was visible, but now locked.

This is to prevent copy of trades.
BJF Trading Group
jsantos3
Mar 02 2011 at 13:10
272 posts
You can certainly update every 60m. Who would want to copy trades 60 minutes later? As you mentioned to observe and reach own conclusions, a martingale-grid system can be truly analyzed only having information on both closed and open trades. Open trades are vital to measure the health of the system. Thanks
Borys Fesenko (iticsoftware)
Mar 02 2011 at 16:26
121 posts

jsantos3 posted:
    You can certainly update every 60m. Who would want to copy trades 60 minutes later? As you mentioned to observe and reach own conclusions, a martingale-grid system can be truly analyzed only having information on both closed and open trades. Open trades are vital to measure the health of the system. Thanks

This is not the martingale. We don't double lot size.
This is complex grider EA with complex money management.
Thank your for your suggestion. What is your interest to see open trades?

BJF Trading Group
jsantos3
Mar 02 2011 at 19:29
272 posts
Open trades show the level of drawdown, which is something crucial to understand worst-case scenarios before trading this system. The closed trades are the easy part and very exciting to see the profitability, which this ea has clearly demonstrated capable of. The other side of the equation that investor needs to control is the level of margin necessary to run this system when open positions are negative.
jsantos3
Mar 04 2011 at 16:47
272 posts
This system does not double lot size at every level, but by the 7th level the position is 10 times the lot size of first order. To be sure this account is not carrying open float bigger than closed profits and ruining equity, I suggest developer/vendor to open trades periodically - once a day - and not only all the float is closed and looking nice. Who would want to copy martingales trades several hours later?
Borys Fesenko (iticsoftware)
Mar 04 2011 at 17:33
121 posts
jsantos3 posted:
    This system does not double lot size at every level, but by the 7th level the position is 10 times the lot size of first order.

The probability of TakeProfit on first order is low.
Summary TakeProfit triggered often by 3-5 open trades.
So average working lot is summary lot of 4 open trades per pair.


jsantos3 posted:
    This system does not double lot size at every level, but by the 7th level the position is 10 times the lot size of first order. To be sure this account is not carrying open float bigger than closed profits and ruining equity, I suggest developer/vendor to open trades periodically - once a day - and not only all the float is closed and looking nice. Who would want to copy martingales trades several hours later?

What about copy of trade rules?
BJF Trading Group
Borys Fesenko (iticsoftware)
Mar 09 2011 at 05:46
121 posts
Effective March the prices for expert advisor SecureProfit will be increased for 50 USD.
However you still have a couple of days to purchase this expert advisor on the old lower price.
Expert Advisor SecureProfit Home page
https://iticsoftware.com/expert-advisors/forex-expert-advisor/expert-advisor-sp
BJF Trading Group
John Jero (jeroforex)
Mar 11 2011 at 00:30
10 posts
will this EA work with 5 digit ,
Borys Fesenko (iticsoftware)
Mar 11 2011 at 02:36
121 posts
>will this EA work with 5 digit ,

Yes, sure This EA will work with any Metatrader 4 broker
BJF Trading Group
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