Hello everyone,

First I would like to thank all the contributors of this forum, as well as all the members who succeed to make this forum one of the most successful Forums in Forex. I have been browsing the forum for a while and I have finally decided to be one of the members, hope I am welcomed. Therefore, as a beginning, I would like to present my EA as I have been following the 10Points since it was born 12 months ago. Many thanks to the author (Alejandro Galindo) as we have seen so many successful EA's came up from this EA.

We all know the original 10Points uses MACD, many developers have succeeded to use different indicators conditions to make it more accurate and successful. I have implemented 4 indicators on an EA called "10Points_4_Inds" which gives the user the option which indicator to use for trading. Later on, I have added another 2 indicators WPR & DeMarker.

During the forward testing journey on demo & live accounts, I have discovered some obstacles, one of them was losing many opportunities open opposite trades. i.e. if buy trade initiated, it will only keep buying till it closes all the buy orders, and the same time there are many lost chances to go sell using the same indicator.

I have learnt in this forum how to use 2 different charts, using the same EA with different magic number, each chart is set to go on one direction only. That gave the chance to go long and sell simultaneously without interrupting each other. It was great idea, then had to open the same way for each indicator…. Sooo many charts to open for each pair.. very difficult to manage a single account with 12 different charts on 1 pair. I have then decided to combine all the EA's in one EA, just like having 6 different traders, each on of them uses its own indicator, each trader can do 2 direction trading. I finally succeeded with to implement that in Multiple10Points-X2.

Multiple10Points-X2, has got 6 traders, (RSI, STOCH, WPR, TURBO_JRSX, DEMARKER, FIBO), each one of them is totally independent, and each can trade both sides without interruption. For the one who understand the concept of 10Points will find it so easy to understand this EA. To understand the concept of Multiple10Points-X2, I prefer to do back-testing with visual mode on, It will show you everything on the chart.

Very important notes:
There are 2 extremely strong filters, specially for the high volatile pairs.
1. FIBO_FILTER: This is my favorite, only with pairs such (GBPUSD, GBPCHF, EURJJY, USDCAD, EURCAD.. etc). This will restrict the EA to open positions depending on the FIBO level, it will only keep buying below the support levels, and keep selling only above the resistance levels.

2. TREND_FILTER: This is for traders who only like riding the trend, this will restrict the EA to go long in Up Trend only, and sell on Down Trend only.

3. Money Management: The EA is considered to be one of the most dangerous experts ever exist. But through out my intensive testing, I have discovered this EA is only safe with low volatile pairs, such as (eurusd, eurchf, eurgbp, audnzd). With minmum risk (Pips=20 to 25) minimum profit collection (TP=25 to 30), and smaller Multiplier (Multiplier=1.6 to 1.8) using such settings won’t make large profits, but will make it impossible to lose. Trade only with 0.01 (either microlots or nanolots).


Settings
Lots use the minimum possible
TakeProfit between 25 – 30 (eurgbp 20-25)
Pips between 20 – 30 (eurgbp 15-20)
MaxTrades Minimum 10
Multiplier between 1.6 to 1.8 (increase only for high volatile pairs and using FIBO_FILTER)

UseIndicatorsConditions if true, it will restrict the EA to look for entry points according to the indicators status. Otherwise it will keep trading blindly without any indicator condition, kind of hedging trading. (never test it before, but looks aggressive trading)

UseTrend_Filter if set to true, it will only keep trading with the trend only.
UseFIBO_Filter if set true, it will look for entries based on Fibo Levels, buy on support, sell above resistance.

SecureProfit_$ example, if pending profit reaches $200 or above, it will close all the opened orders regardless to which pair.

ShowFiboLevels, if true, it will show the fibo levels lines (good for backtesting to understand the strategy of the EA)
ShowData, if true it will show all the instant information on the dashboard

To select desirable traders among the 6 traders, 1 or some or all.
Fibo_Trader
RSI_Trader
Stochastic_Trader
TurboJRSX_Trader
WPR_Trader
DeMarker_Trader

StopTrading, for example, at some circumstances and at any point of time, the trader wishes to stop opening new positions, but still want the EA to continue trading with the opened positions.. then set it to TRUE.

Hope my first post matches your interest.. and glad to be a member of this forum.

Good Luck and happy trading

Slami

Attached Files

Multiple10Points-X2 v1.2.ex4 (74.2 KB, 1993 views)

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