Flexy Grid EA (Grid Trading) | Page 12 | Forex Factory

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Flexy Grid EA (Grid Trading)

  • #221
  • Jul 13, 2017 6:22am Jul 13, 2017 6:22am
Quoting TudorIoan
{quote} No problem, but thank you ...my demos are running on a small netbook lol ... using it only for tests and new stuff
Quoting okshop
{quote} Niceeeeee setup of magic numbers lol cool
I forgot who requested this grid style setup.
ANyway

I need to clarify about this new GRID I called 110

Is it like the following?

Attached Image (click to enlarge)
Click to Enlarge Name: 17.png Size: 9 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #222
  • Jul 13, 2017 6:35am Jul 13, 2017 6:35am
Quoting TudorIoan
{quote} lol If you mean my BllSht idea it's like this: {image}
Wait... isn't it the same as Grid Style 111?
BS
BS
BS
B
BL
BL
BL

SL
SL
SL
S
SS
SS
SS

If yes, then there's no need a new GRID STYLE, So I can release version 1.8.
This is not investment/trading advise. Will not hold accountable for loss
  • #223
  • Jul 13, 2017 6:38am Jul 13, 2017 6:38am
Quoting yousername
{quote} Wait... isn't it the same as Grid Style 111? BS BS BS B BL BL BL SL SL SL S SS SS SS If yes, then there's no need a new GRID STYLE, So I can release version 1.8.
OMG, sorry, I think it's OKShop's idea, ..he asked for it...and I think you got it right from the first draw
Member
  • #224
  • Jul 13, 2017 6:42am Jul 13, 2017 6:42am
Quoting TudorIoan
{quote} OMG, sorry, I think it's OKShop's idea, ..he asked for it...and I think you got it right from the first draw
https://www.forexfactory.com/showthr...6#post10081086

It's FXWEALTH's Idea
This is not investment/trading advise. Will not hold accountable for loss
  • #225
  • Jul 13, 2017 6:45am Jul 13, 2017 6:45am
Quoting fxwealth
Hi yousername, Thank you foryour response. What I meant is your first example as below.. Maybe did you mean something like this grid? b= buy, s=sell b b b b s s s s s Thank you. Will seehow drawdowns can be minimised..
Hey mate
need you to confirm on this new grid style.
Is it like in the screenshot?

Attached Image (click to enlarge)
Click to Enlarge Name: 17.png Size: 9 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #226
  • Jul 13, 2017 6:49am Jul 13, 2017 6:49am
Quoting yousername
{quote} https://www.forexfactory.com/showthr...6#post10081086 It's FXWEALTH's Idea
Yes, that's right. It's fxwealth's
But it sounded familiar as I and OkShop have been discussed that on PM.
Go for it, it might be interesting!
Member
  • #227
  • Jul 13, 2017 6:53am Jul 13, 2017 6:53am
Quoting TudorIoan
{quote} Yes, that's right. It's fxwealth's But it sounded familiar as I and OkShop have been discussed that on PM. Go for it, it might be interesting!
Right. I'm not gonna wait. lol
This is not investment/trading advise. Will not hold accountable for loss
  • #228
  • Jul 13, 2017 7:29am Jul 13, 2017 7:29am
Hi yousername, You're right. I requested that grid style. Your idea "Grid Style 110" is exactly how I would like it.

Best rgds
  • #229
  • Edited 8:09am Jul 13, 2017 7:37am | Edited 8:09am
Quoting yousername
{quote} Right. I'm not gonna wait. lol
Any possibility to add a button on screen for user to input a hard stop & tp on all grid position.
I think currently the sl & tp say 25 pips is the average of all current active orders
p/s Or additional option at parameters settings sl & tp from last grid order
Attached Image (click to enlarge)
Click to Enlarge Name: pic hard stop.JPG Size: 67 KB
Attached File(s)
File Type: mq4 Modify_All_TP_SL.mq4   3 KB | 546 downloads
Self discipline It is a practice
  • #230
  • Edited 9:36am Jul 13, 2017 8:22am | Edited 9:36am
Quoting yousername
Version 1.8 will have 1. EMAIL alert 2. A new GRID STYLE like below B B B B S S S S 3. Flashing PIPS and PROFIT (red = negative, green = positive) 4. The order of closing the pending orders in a grid change from outside in to inside out. I've talked about this before, probably in page 8 or 7 {image}
My Lord, i'm having a back ache for sitting too long coding and testing.

Version 1.8 is done EXCEPT for #4, having some difficulty
Update to the User Interface

I want to clarify one point as seen in the screenshot
Attached Image (click to enlarge)
Click to Enlarge Name: 17.png Size: 60 KB

So from the screnshot if you set "How many Stop/Limit Orders per grid" to 100, then you will see GRID SIZE X 2 = 200.
100 LIMIT and 100 STOP pending oder

Please exploit/abuse/rape it to the max.

Let me know if there's any bug or question

Thank you
God Bless

I just updated the file again. Please retry download
Attached File(s)
File Type: ex4 FLEXY GRID_1.8.ex4   113 KB | 623 downloads
This is not investment/trading advise. Will not hold accountable for loss
  • #231
  • Edited 9:07am Jul 13, 2017 8:35am | Edited 9:07am
Quoting okshop
{quote} Any possibility to add a button on screen for user to input a hard stop & tp on all grid position. I think currently the sl & tp say 25 pips is the average of all current active orders p/s Or additional option at parameters settings sl & tp from last grid order {file} {image}
I can add some feature on the USE LINES button to close a grid when crossing the horizontal line

i.e.
NAME_TP
NAME_SL
NAME_C

TP = It will take profit (close the grid) when there's profit in the grid
SL = It will stop loss (close the grid) when the grid position is losing
C = It will close the grid

The grid will be close when the price crosses the line accordingly.

What do you think?

==============
BTW I don't understand this part of your message

I think currently the sl & tp say 25 pips is the average of all current active orders
p/s Or additional option at parameters settings sl & tp from last grid order
This is not investment/trading advise. Will not hold accountable for loss
  • #232
  • Edited 9:46am Jul 13, 2017 9:31am | Edited 9:46am
Quoting Dtde
Damn, new versions coming quick like a shot! Thanks much for your effort, yousername! Just in case you're looking for more ideas: Auto-Breakeven Trading grid is always related to bigger drawdowns, mainly because of economic events. Thing is, most of these impacts are announced even before they come. There are dozens of economic calenders out there, as you know. IMHO, high impact events are death to any grid strategy. But here's the point: We will never be able to only trade when no high impacts...
I'm considering to have Auto-Breakeven, News, DrawDown (maybe)

Questions
1. You mentioned "embrace the possibility of losing and decide if close the grid completely. "
Let say when the BReakeven button is on.
Big bearish news came out.
YOur bullish grid never reached the breakeven when the news out.
Then what? Keep the losing bullish grid open until it reaches the SL?

2. Displaying maximum drawdown? It's possible, but what for exactly? Can you think of any advantage having such feature for decision taking? If so, please explain it, so maybe I can apply it to the AUTOMATIC trading as well
This is not investment/trading advise. Will not hold accountable for loss
  • #233
  • Edited 10:13am Jul 13, 2017 9:35am | Edited 10:13am
FF ECON NEWS RSS bookmarked for development!

http://cdn.forexfactory.com/ffcal_week_this.xml

Inserted Video
This is not investment/trading advise. Will not hold accountable for loss
  • #234
  • Jul 13, 2017 9:45am Jul 13, 2017 9:45am
Quoting simnz
Hi yousername, The grid is taking good shape. If you can bring clarity to your methods it will be an excellent manager for Risk Reward and Grid. I would use it more for money management than for trading martingale itself. I would prefer to wait for the trade as per my plan rather than trading impulsively. Direction is decided by me based upon my view of fundamentals and pairs behaviour. It is totally subjective and is not influenced by any indicator at all. I divide my trading money in smaller lots and make deep pip pockets (contract values ofcourse...
Quoting simnz
Example of my trade based on Murrey Math zones: https://www.forexfactory.com/showthr...3#post10028623 The trade is now breakeven with 200 pips profit as breathing space and aiming at 1:2 reward {image}
Quoting simnz
{quote} Drawdown monitoring is very essential for the EA as it is progressing. I have attached a real-time Drawdown monitor (Show me average entry) in my earlier post. You can do it manually if EA doesn't take care of it.
Hey mate, you posted so many feedback. I'm having trouble understanding your essay and choosing which I want to do. (Maybe its because after having a doses of long hour coding)
Could you be more clearer, concise, compact with your posts please?
Thanks
This is not investment/trading advise. Will not hold accountable for loss
  • #235
  • Jul 13, 2017 10:21am Jul 13, 2017 10:21am
Quoting yousername
{quote} I'm considering to have Auto-Breakeven, News, DrawDown (maybe) Questions 1. You mentioned "embrace the possibility of losing and decide if close the grid completely. " Let say when the BReakeven button is on. Big bearish news came out. YOur bullish grid never reached the breakeven when the news out. Then what? Keep the losing bullish grid open until it reaches the SL? 2. Displaying maximum drawdown? It's possible, but what for exactly? Can you think of any advantage having such feature for decision taking? If so, please explain it, so maybe...
Hi yousername,

the Breakeven-idea must come into play hours before any high impact actually happens. Its nothing more than a attemp to get out of the grid before things getting serious. If activated but breakeven never reached, its up to our own to act.

Having the maximum drawdown gives a better feeling when the EA is traded manually (using lines). Im basing my manual entrys mostly by harmonic pattern. Having the maximum drawndown will help to compare, which patterns/entry might be most profitable without large drawdowns.
Besides, most of us just dont monitor their grids all the time so if i check them once in a while i just get the temporary impression of the drawdown.

Thanks much

DT
  • #236
  • Edited 12:16pm Jul 13, 2017 10:59am | Edited 12:16pm
Quoting Dtde
{quote} Hi yousername, the Breakeven-idea must come into play hours before any high impact actually happens. Its nothing more than a attemp to get out of the grid before things getting serious. If activated but breakeven never reached, its up to our own to act. Having the maximum drawdown gives a better feeling when the EA is traded manually (using lines). Im basing my manual entrys mostly by harmonic pattern. Having the maximum drawndown will help to compare, which patterns/entry might be most profitable without large drawdowns. Besides, most of...
Well for the drawdown, I believe you can use FF TE or any other web site TE.
I mean like have several MT4 accounts hence several TE.
Each EA in the MT4 terminals is dedicated to its own strategy (what ever pattern you want to set).
By then you could know which pattern is best for you and the grid.

The breakeven button, I guess I will apply that.

Thanks Dtde, I appreciate it.
This is not investment/trading advise. Will not hold accountable for loss
  • #237
  • Edited 2:30pm Jul 13, 2017 11:15am | Edited 2:30pm
As I am very bad at giving a user guide.
I really appreciate for anyone to COMPILE a USER GUIDE for using FlexyGrid.
Just to be fair I made FlexyGrid free of charge, so I expect some one would kindly do a favor for everyone here: making a FlexyGrid user guide for free. Or maybe work together.
That's fair right?

Have a nice day
This is not investment/trading advise. Will not hold accountable for loss
  • #238
  • Jul 13, 2017 11:35am Jul 13, 2017 11:35am
Not sure if i just missed the point here, but why do all 3 grid styles trade the same?
Attached a comparison of the entrys of 101, 111 and 110.
Attached Image (click to enlarge)
Click to Enlarge Name: grid comparison.png Size: 164 KB
  • #239
  • Edited 12:29pm Jul 13, 2017 12:10pm | Edited 12:29pm
Quoting Dtde
Not sure if i just missed the point here, but why do all 3 grid styles trade the same? Attached a comparison of the entrys of 101, 111 and 110. {image}
Please could you tell me how did you get EURUSD(Visual) chart?

In the screenshot I executed
110 SELL GRID
Buy Stop
Buy
Sell Stop

and

101 SELL GRID
Sell Limit
Buy
Sell Stop
Got no problem

Attached Image (click to enlarge)
Click to Enlarge Name: 17.png Size: 62 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #240
  • Jul 13, 2017 12:24pm Jul 13, 2017 12:24pm
Quoting Dtde
Not sure if i just missed the point here, but why do all 3 grid styles trade the same? Attached a comparison of the entrys of 101, 111 and 110. {image}
I noticed if you backtest the EA, regardless what GRID STYLE you select. It will use 101 Grid style.

Maybe try with this update. I changed something, it should fixes the issue above.
Attached File(s)
File Type: ex4 FLEXY GRID_1.8.ex4   107 KB | 569 downloads
This is not investment/trading advise. Will not hold accountable for loss
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