Lets try to improve my profitable Grid Correction EA | Page 43 | Forex Factory

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Lets try to improve my profitable Grid Correction EA

  • #841
  • Feb 1, 2018 12:38am Feb 1, 2018 12:38am
Great EA! Amazing..

Cant wait for the next big update.
  • #842
  • Feb 1, 2018 1:47am Feb 1, 2018 1:47am
Dear Pipbeastfx,

EA v1.8 settings, my trade start time was set at 02:00 and close at 16:00
But it started to open positions only at 14:00 and closed at the right time at 16:00.
This is the case with other pairs also.
Please check if it has to do something with format (AM / PM) of the timing.

Regards,
  • #843
  • Feb 1, 2018 2:04am Feb 1, 2018 2:04am
Quoting mavilakandy
Dear Pipbeastfx, EA v1.8 settings, my trade start time was set at 02:00 and close at 16:00 But it started to open positions only at 14:00 and closed at the right time at 16:00. This is the case with other pairs also. Please check if it has to do something with format (AM / PM) of the timing. Regards,
I will check this Dear.. Did you set according to the Broker time Right. It's on 24 Hour format
  • #844
  • Feb 1, 2018 2:08am Feb 1, 2018 2:08am
Increase pip step to 50 to increase pip step
Attached Image
  • #845
  • Feb 1, 2018 2:17am Feb 1, 2018 2:17am
Quoting pipbeastfx
{quote} I will check this Dear.. Did you set according to the Broker time Right. It's on 24 Hour format
Yes, please see the screenshot.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 393 KB
  • #846
  • Feb 1, 2018 3:24am Feb 1, 2018 3:24am
Quoting mavilakandy
{quote} Yes, please see the screenshot. {image}
Mavilakandy. I just test the EA with time. Its working acording to time. Add a indicator to your chart that shows the broker time. and try again with that and let me know dear

is any one else having the same issue with time
  • #847
  • Feb 1, 2018 4:12am Feb 1, 2018 4:12am
Quoting pipbeastfx
{quote} Mavilakandy. I just test the EA with time. Its working acording to time. Add a indicator to your chart that shows the broker time. and try again with that and let me know dear is any one else having the same issue with time
Dear, please let me know, how to find an indicator that shows the broker time ?
Thanks,
  • #848
  • Feb 1, 2018 4:32am Feb 1, 2018 4:32am
Quoting mavilakandy
{quote} Dear, please let me know, how to find an indicator that shows the broker time ? Thanks,
simply click on minute 1 tf and then press middle button (scroll button) of your mouse and put + mouse cursor over the last candle and look at the bottom of the chart, it will show the exact time of your broker
  • #849
  • Edited 6:58am Feb 1, 2018 4:34am | Edited 6:58am
Hi pipbeastfx,

please can you insert % Risk (from equity) for the MM and dynamic first lot calculation?

Thx
  • #850
  • Edited 7:33am Feb 1, 2018 4:57am | Edited 7:33am
Setup my vps now.
There is one thing I see when I overlook most of the back/forward test results.
The realized drawdown is not big.
I don't know how you look at it, but sinc the floating drawdown can become huge, I will become nervous.
Like EA has gained so much during the last weeks and months, and on one day it comes close to +/- o or even under.
If you realize a relative small drawdown, pause the EA for one/two days, and restart it again - when a big movement is over - you lost 1/2 days, start from a point the EA would have come to most likely, but you don't have to worry while big floating drawdown. Result: You only lose 1/2 days.
So the delayaftereuqitystophit is an asset, so you don't have to check for that. Fact is, either you stop out somewhere at the beginning of the dd, or none.
Of course the risk input should be in % like ohleclaire formulated, if you don't want to type it after big gains again in.
Check page 1 for all infos...
  • #851
  • Edited 5:59am Feb 1, 2018 5:16am | Edited 5:59am
Just to make clear what I mean, I took pipbeastfx backtest for G/E for over a year.
Attached Image (click to enlarge)
Click to Enlarge Name: back test.jpg Size: 74 KB

Edited the chart a little. Ok, this is a very conservative appraoch, but as said, you don't have to worry too much and will not run out of Leverage, therefore you have to pay for it. Everyone has to decide for himself, if the more security is worth it. [Please compare to post #803]
Check page 1 for all infos...
  • #852
  • Feb 1, 2018 5:37am Feb 1, 2018 5:37am
Quoting AndrewBa-
Just to make clear what I mean, I took pipbeastfx backtest for G/E for over a year. 2657528
Hi there, What do you mean exactly? Do you close all open positions to stop the Draw down? Then you would have loss.
Can you give an example? Say you are -10% draw down.
  • #853
  • Feb 1, 2018 5:41am Feb 1, 2018 5:41am
I put the EA on one of my big live account, but still use 0.01 lot. So the lost/win/dd does little matter to the account. The results seems good. I am using my private VPS (24/7 a portable win10).

Two pairs: EURUSD & USD/JPY, TF = 5M, All setting are default. I have other EAs running at the same time, but not the same pairs.

It was OK for the first day (USD/JPY only) with about 3$ gain. (V.1,3). I found that you should let it run continuously. Don't touch it, even you should not switch TF. Otherwise the EA will initialize again and ignore the history. For this reason, VPS is a must.

The second day, I put the EA (V.1.7) on EURUSD. It was clear that the trend is up, but the EA was busy selling all the time with many orders. I was a little afraid so I closed all orders. I don't know if it was the reason that V.1.3 was still running on USDJPY.

Afterwards, I start again to put V.1.7 on both pairs for two days. Now the winning is about 70$. Of course with some unclosed orders. I will close all before NF.

Thanks pipbeastfx!!! Good work!
  • #854
  • Feb 1, 2018 5:49am Feb 1, 2018 5:49am
Quoting bmcgowra
{quote} Hi there, What do you mean exactly? Do you close all open positions to stop the Draw down? Then you would have loss. Can you give an example? Say you are -10% draw down.
Yes, you will have some loss. Edited now the chart, maybe it is more comprehensive now.
As said, for more security you have to pay more. But since you know you can rely on the EA and that it will bring you back all the dd, you can choose this way - and have to wait a little more time to achieve the gain you would haveget when you overall agree to use of all of your leverage, if it comes to this.
[Thus, you should not run out of leverage - that would be the end for the account]
Check page 1 for all infos...
  • #855
  • Edited 6:06am Feb 1, 2018 5:51am | Edited 6:06am
HIDDEN TAKE PROFIT

I see from my live account that my broker is not executing some of my orders and I miss some TP levels at some key reversal points even if market hit my tp levels
although I have almost 0 pips spreads.

When I carry the issue to my broker, they always have some explanation or blah blah about volatility or some other stuff. In short, I feel that brokers do not execute some orders at some key points so you continue to hold those position when the market changes direction and keep it for more than hundreds of pips in counter to trend just because your brokers did not execute your order when the level was hit.

Those one or two non executed tp levels by your broker, can change our whole trading history if they happen at key turning levels.

Is It possible to hide our take profit levels by not setting them with the buy or sell order and make hem executed by our EA when the level just hits. So we will guarantee all tps will be hit if market fairly hits that level.

Thanks.
There are no weapons that will form against my financial prosperity.
  • #856
  • Feb 1, 2018 5:56am Feb 1, 2018 5:56am
Quoting AndrewBa-
{quote} Yes, you will have some loss. Edited now the chart, maybe it is more comprehensive now. As said, for more security you have to pay more. But since you know you can rely on the EA and that it will bring you back all the dd, you can choose this way - and have to wait a little more time to achieve the gain you would haveget when you overall agree to use of all of your leverage, if it comes to this. [Thus, you should not run out of leverage - that would be the end for the account]
Ok, how much DD would you accept Would have to test it.
  • #857
  • Feb 1, 2018 6:06am Feb 1, 2018 6:06am
Quoting bmcgowra
{quote} Ok, how much DD would you accept Would have to test it.
Between 5 to 8%, I think. More would make no sense. We have to try to figure out what is the maximum % realized drawdown, that the EA makes without any stop-loss. An approach for % average dd would stop us out too often I think.
Check page 1 for all infos...
  • #858
  • Feb 1, 2018 6:40am Feb 1, 2018 6:40am
Quoting gharti
{quote} simply click on minute 1 tf and then press middle button (scroll button) of your mouse and put + mouse cursor over the last candle and look at the bottom of the chart, it will show the exact time of your broker
Thanks gharti.
  • #859
  • Feb 1, 2018 9:03am Feb 1, 2018 9:03am
Quoting birpinar
HIDDEN TAKE PROFIT I see from my live account that my broker is not executing some of my orders and I miss some TP levels at some key reversal points even if market hit my tp levels although I have almost 0 pips spreads. When I carry the issue to my broker, they always have some explanation or blah blah about volatility or some other stuff. In short, I feel that brokers do not execute some orders at some key points so you continue to hold those position when the market changes direction and keep it for more than hundreds of pips in counter to trend...
This is almost always the case when you place a promising EA on a live acc.....

Brokers hate profitable EA's and will do just anything to sabotage them..

G
Never Ever Give Up!
  • #860
  • Feb 1, 2018 9:09am Feb 1, 2018 9:09am
Hello,

So far I'm enjoying this EA, there are a few little things here and there, like not remembering to close myself out before Non-Farm... But I digress...

Is there a consensus on which version is currently tuned the best? 1.3; 1.7; 1.8...??

If there's a consensus do we know the daily ROI? I'm see between 13% and 14% (assuming I manage my day correctly).

There was also a mention that if I change my time-frame on the chart it resets the EA and ignores trading history, is this true? I have been toggling the TF here and there to see longer views. I couldn't tell you if this had a negative impact or not, I just noticed it posted in the thread.

One idea I had (and y'all may have already done this) is to program in the ability for the EA to actively trade the "up-side". I sit here and watch this thing sell, sell, sell, and I'm screaming wtf buy, buy, buy... So if the EA is executing contracts to sell as part of the Hedging then would we not want it to execute contracts that are "in-the-money". That's probably a total Newbie question but hey, I get a few of these right?...

I'm a total novice here so if something I'm saying doesn't make sense then, well, there you have it... lol

Best regards,
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