this is a thread dedicated to a Grid EA that I was following on another thread. Unfortunately thread owner , seems to be hiding its final intentions to keep it free
for all here. There is always very short expiry dates (days) ...and with a grid , if you are catched in a pull-back while sleeping time , with no control on your trades ...well your account...just WAS.
I could find the mq4 file that originated the Pipbeast EA ...so I could rename Orchestra ..well TrioOrchestra now V1.0 till we further/tweak this amazing scalper.
I have still have to find a pal programmer to make some additions and mod´s such we can get full control of its behaviour ....adding settings , buttons , whatever
the suggestions come by to make this tool OURS ..and free ..always.
DISCLAIMER : PLEASE DO NOT USE THESE EA (here in the thread) ON REAL ACCOUNT TILL MAJOR CHANGES HAVE BEEN MADE
This is a Grid trader ,who likes ranging market, any consistent trend without retrace will
kill your account even with only one pair.
As per March 2nd,2018 I am only testing demo XBest V2.2 . But others more sofisticated Version havebeen published further in this thread.
Our 2 coders are Yamil and Rodolfo and are doing their best to implement an hedge function , that will be activated when account starts to entering in large DD.
I consider large DD on a grid somewhere @ 20/25% . I also recommend 50% equity protection ON. And only ONE trade per candle activated.
And also, if you see DD building up on a pair on the recomended TF15 minutes , start thinking in switching your TF to 30 min.
For those in forums for few years , here or TSD or Indo ...you might recognize it under its disguise ... so , here we go :
Newer EA and settings available here.This is now being demo forward tested as in my TRADE EXPLORER.
All info here :
Lots=0.01 =================== This is the Starting lot size
LotExponent=1.5 ================ This is will multiply your first and subsequent lots to build a grid 1.0 or a martingale 1.1 , 1.2 , 1.3 , etc....
MaxLots=5.0 ==================This is the maximum lot size this EA is able to open ...
TakeProfit=30.0 =================This is the take profit for each trade if 1st trade goes on right direction.This is 3.0 pips = 30 pippettes
UseEquityStop=false ============== This will close all trades if set to true if equity reach a certain DD
TotalEquityRisk=20.0 ==============This will set the percentage of the equity at risk you can reduce to 10(%) so when DD= 10% it closes all trades
CloseFriday=false ============= will close all trades on friday at selected hour below
t3=Setting for Solo Piano
MaxTrades_Hilo=10 =============Maximum positions EA will open
UseTrailingStop_Hilo=false =========not in use till we test or backtest trailing function
t4=Setting for Solo Violin
t5=Setting for Solo Cello
Hi there, the famous Ilan EA. I had the idea to programme a Hedge recovery function into it. Just so it doesnt blow the account.
backtested from 2017-2018
the ea managed to lose 900 more than the deposit.
trying to take control on BLESSING ea ( "old" thread lurkers know this one) ...
I have now just opened this thread and I will sure find some good hearted and skilled programmer ..( I know TWO here @ FF) ...
"shit happens" and to try to pay the bills , rent , scholarships , etc.... and playing ...gambling and make money . Whatever strategy to reach this aim is just fine.
As the TrioOrchestra is right now ...it is for sure an account blower ...even one pair on 3k ...will blow our account eventually ...We all agree to this here ...let me share
below my approach ...
I remember the name Fapturbo ( the 99$ bot I purchased) a night scalper...my 1st EA (paid) ...6 others have followed since then.
This EA was to be traded during the Asian session ...from somewhere after NY close till 2-3 hours before Frankfurt or LO open.
So, I though that maybe I could give a try to these pairs :
USDCHF,GBPUSD,EURUSD,USDCAD,EURGBP,EURCHF,GBPCHF,EURCAD,CADCHF,GBPCAD ...which are all unlikely to suffer a big trend during Asian sessions
since at this time the movers would likely be AUD NZD JPY .... with news release .....during Asian session ...almost no move , quite flat on pairs USD GBP
CAD CHF EUR with al their crosses ....no speech , no news ...nothing.
As an example here CADCHF ...42 pips during asian session ....perfectly ranging ...this is what we need to look deeper to make a grid succesfull ..IMO.
With 3 pairs ...I managed to make 90$ monopoly money ...with 0,01 starting lots...GBPCHF, EURGBP, GBPCAD.....maximum was 4 levels ....low DD 2,3%...
Just my 1st night trying this strategy ...all red numbers in the report below are from another EA ...that I will soon drop.
when starting to bite a little on Frankfurt open ...I stopped the EA ...and closed all the trades with very small loss... maybe 4/5 $ .... I was done for the night..lol.
So, I invite you to share your results here ..if you decide to give a try to this strategy ..with the help of the Orchestra V.01.
After this I left the EA running on USDJPY and EURGBP all day long ...just for fun or build up some equity.
When backtesting this weekend...I mistakenly pressed somewhere on the chart and suddenly these common indicators just appeared. So , my guess is that the Trio
involve a combination of CCI with MACD onfirmation , STO + MACD confirmation , RSI + MACD ....but this is just a guess.As this is not a template I use.
Something like this ??
First of all, thanks for making the code for this available. I was testing Pipbeast's EA over the last couple of weeks because I had never experienced an EA before. It's nice to be able to see the code behind it, as I'm not a fan of 'black boxes.'
I have some issue with getting the EA to take long positions though. Any idea why that might be? I tested it on 6 pairs but it will only take shorts. In the properties tab of the EA I selected both long & short trades, but it will only go to the short side.
just to be sure ...are you talking about Pipbeast ea or the one shared here ??
I am testing this EA on an Aussie broker which allow hedging ..with no issue.( take trades both buy and sell on the same pair ) ...US Brokers do not allow hedging , limit leverage to 1/50 ...and,US citizens, because of lobby in financial market are not allowed to open live account outside the US ...so foreign brokers can ´t accept them.
Is this your case ??
Hey guys this thread is a great idea, but is this the same EA that pipbeast? Is the first pipbeast EA have a time trial? If not can somebody please upload it?
You are the famous ILAN1.45, I have some adaptations and upgrades, the effect is not very good. For lack of a good idea.
ILAN is not a particularly good ideFour sets of indicators are used to filter, and if there is resonance, it will open the warehouse.
Four sets of indicators are used to filter, and if there is resonance, it will open the warehouse. If it is a tendency K, it will be very difficult to appear.
The following is my research and adaptation of ILAN. I hope you can study the adaptation and put forward some good Suggestions.
Thank you very much.
© Forex Factory