Dear RB26Team,

I'm davidke20 from 10point3 thread. I've been started to engineer on 10point3 for months and improving even reconstruct the entire martingale system. From MACD, RSI, MFI, EMA MathAbs, Trendline, Support and Resistance.... all sort of old school. And finally I've decided to work with newer indicator that I haven't use it before. It is generally using Bulls and Bears to filter each other out, in order to get a proper trading signal on mid term intraday trading.

Generally this system developed for the usage of US1000 and above to be sufficient to sustain longer. We cant expect it is a holy grail, it could take a hit. What I concern is, try to maintain the trading bound within the breakout period. Even if there is a breakout, we can able the catch the trend instead of double down. Martingale system on RB26DETT is basically a fail safe mode for trading, eg. in short term we could take the whipsaw, and the whipsaw could lead us to stop loss. Instead of stop loss, we take the limited martingale position to protect against our lossing side, so it will average out the lossing streak to maintain drawdown as low as 1%.

There is a stay out function inside(credit to newdigital)... that I stole the code DIRECTLY from him, not even change the variable name though. ND, let me know if you wanna charge loyalty fee on that code, get the member to pay you for it (FromHourTrade & ToHourTrade)

Trades_setup
Magic=772188 Magic number for the EA to recognize the trade open by itself
TakeProfit = 35 Goal to be achieve on the initial trade
Lots = 0.01 Static lot size while mm=0
InitialStop = 72 pips from the last position hitting max trade
TrailingStop = 10 Trailing stop - still buggy
Money_management
mm=1 0 to disable money management
risk=2 % from the account balance as initial trading lot size
AccountisNormal=0 1 for IBFX micro only, 0 for any other broker accepting 0.01lot
Martingale_setup
MaxTrades=6 total trading escalation
Pips=18 pips step to reach the next double down position
Multiplier=2 as the multiplicator for the next position
AccountProtection=1 close position when breakeven
OrderstoProtect=3 when reaching this level of escalation, close order whilst breakeven
Signal_option
Fast_Period=5 Fast signal
Slow_Period=13 Slow signal
Shift=0 Data shifting time. 0 is current, 1 is 1 bar before
ReverseCondition=0 for normal signal, 1 for reverse trading signal
Aggressive_Mode = false to activate trading time filter
FromHourTrade = 0
ToHourTrade = 12

The above is my standard setup for the RB26. Recommended pair is EURUSD only.

Suggested changes to be made is OrdertoProtect=4, Shift=1, risk not more than 2% and use only EURUSD. Basically this EA trade 12 hours aday until New York session. If there is any floating position, it will not shut down and wait for the OrderstoProtect to close all position while breaking even. I only work with InterbankFX, therefor, you'll have to figure out your broker time frame. Due to this system entirely based on oscillators only, its not suitable for high volatility trading environment, we could easily get wrong signal in that case, I strongly recommend you to stay out of entire NY session. So, tell Jack Schwager that we're the night knight rider, riding Skyline GTR at night time to sweep pips.

I appreciate you all to post your statement here, and give your findings on the system. This particular EX4 can last until July, and you'll have enough time to play with it. Try not to share it out as I dont want it to be decompiled and get sold on ebay, if your friend and family saw this on ebay, tell them to avoid it. Those who contribute on the testing and helping on development, I will continue update you. I belive sharing wealth will make me even more wealthier. I hope one day we can all meet up at the North Pole... errmm... seriously, I dont know why and what is so attractive. May be we can start teaching the polar bear how to trade then Just kidding, I still have the vision, that our group has make enough money and meeting each other in my country. We're going to book the entire J.W.Marriot and spent a few days togather there. Cheers.

Regards

David