Features

NEW updated M8 version with Automatic Lot sizing / Risk settings and Close-on-Surface technology!

NEW Remote desktop sharing customer assistance = Unprecedented post-sale technical support!

NEW Trade up to four SIX currency pairs at the same time with 100% independent money management!

NEW Improved risk distribution increases protection from draw down by 50%!

NEW Compliant with NFA "No-hedging" rule! 

NEW ECN/4 or 5 digit pricing all seamlessly handled!

NEW Future MT5 upgradeability currently in the works!

Advanced 2-stage money management mounts an aggressive defense against draw-down!

100% Indicator free! Based on price action and support/resistance levels

We have combined our years of experience both trading Forex and programming automated trading systems to produce a system so simple yet so powerful that frankly we are baffled that no one has thought of this before.

The M8 Sidewinder PRO Advanced Automated Forex Trading Environment consists of six (6) separate EA modules. Each can work as an individual EA on its own or in concert with one or more of the other EA modules. Six charts is the maximum number of charts/currency pairs you can trade at any one time, one module on each.

Visit the M8 Sidewinder PRO Social Network and communicate with other Sidewinder users!

Having six independent EA modules adds even more flexibility and strength to the system. The individual modules allow for the clean separation of the money management logic for each currency pair which is critical for profitability. Having six separate EA modules working on independent tasks also increases the overall efficiency of the system in a similar way that a quad-core CPU does for the newer computers when compared to the older single core CPUs. It also allows investors with smaller accounts to use one or two modules until their accounts grow to the point where they can handle all four modules.

One of the things that I wanted to accomplish with this EA was to lower the level of stress in my own trading. I don’t want to have to worry about winning or losing every single trade. This system gives me peace of mind because on average I don’t care if I lose a trade. This is because this system looks at trades in the context of all other trades rather than focusing on the outcome of that single trade. I can have peace of mind because I know there is a system working for me which I can rely on. 

Advanced 2-Stage Defense Against Draw-down

The Sidewinder EA has a large percentage of consecutive fixed wins during normal trading. When it loses a trade, the software detects the loss, keeps track of it and activates the first line of defense against draw down by incrementing the following trade’s lot size by the value of the “step” parameter. Depending on the currency pair being traded, the money management has been configured in such a way that isolated losses are remedied by a single win. Most often than not this is enough to maintain the account in profit and out of a state of draw-down.

However, in time when this is not enough and a preset number of trades close while still in a draw down, then the second line of defense against draw-down is activated. In this level 2 alert mode, the EA changes the way it places orders altogether to set up larger winners. This change allows winning trades to grow much larger than the average loss. When you combine this with the advanced money management and Sidewinder’s high probability market entry points the result is a simple but profoundly powerful automated Forex trading system which is extremely accurate, highly profitable and incredibly difficult for brokers to mess with.

Here is an illustrated explanation of how the 2-stage defense works. We will be using the GBP/JPY for this example. Also note this example displays the trading activity of a single EA module.

The first illustration below displays what happens during normal trading.

The next illustration below outlines what happens when the default system (displayed above) fails.

Finally, the last illustration below shows the conclusion of the trade #24 started above.

Notice the resulting profit from trade #24. Therein lays the magic of this system!

Minimum Balance Requirements

Standard Account Minimum is $10,000 per module to be traded. Mini-Account Minimum is $1,000 per module to be traded. Both standard and mini-accounts must be able to trade down to 0.01 lots level.

Below is a sample test of Sidewinder on a single currency (EUR/JPY) for a three year period. Due to Strategy tester limitations, we can only back-test a single currency at a time. But don't worry, our forward trading results demonstrate the true Sidewinder PRO performance. Click here for live forward trading results.

 

Strategy Tester Report

M8_SidewinderPRO_1

(Build 224)

 

Symbol		EURJPY (Euro vs Japanese Yen)
Period		1 Hour (H1) 2004.10.04 00:00 - 2009.04.29 23:00 (2004.10.04 - 2009.04.30)
Model		Every tick (the most precise method based on all available least timeframes)
Parameters		TakeProfit=45; StopLoss=90; CSL=180; Lots=0.1; step=0.4; top=4; bottom=0.1; Trailingstop=100; ttstep=5; CloseOnSurface=true; breakout1=40; breakout2=35; Magic=1111111; StartFromScratch=false;
Bars in test	29125	Ticks modelled	18131240	Modelling quality	90.00%
Mismatched charts errors	0
Initial deposit	10000.00
Total net profit	60848.36	Gross profit	215794.83	Gross loss	-154946.46
Profit factor	1.39	Expected payoff	49.27
Absolute drawdown	5858.13	Maximal drawdown	13100.28 (23.76%)	Relative drawdown	58.74% (5895.91)
Total trades	1235	Short positions (won %)	678 (66.08%)	Long positions (won %)	557 (66.07%)
		Profit trades (% of total)	816 (66.07%)	Loss trades (% of total)	419 (33.93%)
Largest		profit trade	7272.82	loss trade	-3834.80
Average		profit trade	264.45	loss trade	-369.80
Maximum		consecutive wins (profit in money)	15 (867.46)	consecutive losses (loss in money)	5 (-5674.85)
Maximal		consecutive profit (count of wins)	8223.01 (2)	consecutive loss (count of losses)	-8127.88 (3)
Average		consecutive wins	3	consecutive losses	1