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Flexy Grid EA (Grid Trading)

  • #721
  • Jul 26, 2017 4:11am Jul 26, 2017 4:11am
Quoting azzyzx
I don't know what i did wrong but why it's always the default value for the settings? I change the value of the settings such as number of stop/limit on each grid, RR, and pip distance on each order when i first attach the EA. But for some reason it always uses the default value. I already uses the latest ones also i do manual trading.
which version are you using?
This is not investment/trading advise. Will not hold accountable for loss
  • #722
  • Jul 26, 2017 4:11am Jul 26, 2017 4:11am
Quoting yousername
In order to have a successful robot First it must have good eyes or vision or lenses to capture lights. That is the first rule to create a robot or a living being. Let there be light, without light there's no vision. The light is there already just need a good pair of eyes. By that I mean it has to be able to know a trending, sideway and correction as the data is there already. Without good eyes it will crash to a tree or wall or fall of a cliff. Without good eyes how can a blind robot lead a blind traders?
How can a robot be made to learn to recognise trending or sideway or correction market? In random trading, is it possible? Can it recognise multi-year adjustments happening or about to start? Can it identify why a pair, inspite of having strong positive economic output fails to continue in the positive direction?

These questions come to my mind when we think of trading robots.
Practice makes a person perfect
  • #723
  • Jul 26, 2017 4:22am Jul 26, 2017 4:22am
Quoting simnz
{quote} How can a robot be made to learn to recognise trending or sideway or correction market? In random trading, is it possible? Can it recognise multi-year adjustments happening or about to start? Can it identify why a pair, inspite of having strong positive economic output fails to continue in the positive direction? These questions come to my mind when we think of trading robots.
May I know how you your self as a trader determine a trending or sideway or correction?
This is not investment/trading advise. Will not hold accountable for loss
  • #724
  • Edited 4:39am Jul 26, 2017 4:25am | Edited 4:39am
In this latest version
you can visit ForexFactory and Forex Street calendar website by clicking the name
Attached Image (click to enlarge)
Click to Enlarge Name: 34.png Size: 51 KB

Attached File(s)
File Type: ex4 FLEXY GRID_1.958_BETA.ex4   203 KB | 372 downloads
This is not investment/trading advise. Will not hold accountable for loss
  • #725
  • Jul 26, 2017 6:32am Jul 26, 2017 6:32am
Quoting yousername
{quote} which version are you using?
I'm using 1.957.
  • #726
  • Jul 26, 2017 7:16am Jul 26, 2017 7:16am
Quoting yousername
{quote} May I know how you your self as a trader determine a trending or sideway or correction?
My trading was purely discretionary and based on having deep pip pockets (not necessarily deep dollar pockets) and working only on high daily range yielding pair of GBPJPY only.

The strategy is composed of two parts since I was not trading with stop loss.

First part was to jump into acceleration train for quick 15-20 pip journey.

Second part was risk management which required dependence on deep pip pockets to average adverse trades at every 200 pips movement .

Because of my vast experience in neutral (not directional) currency futures options trading, I will always go back to four months to find out the period's low and high
and plan risk management based on the distance between them. I will ensure +10% of the total distance is used as equity loss stop. I will use lots and contract value as per the total dollar equity at risk.

I have given up this kind of trading as I have developed neck and back pain.

The first part required watching intensively just one pair GBPJPY for short-term acceleration of momentum (up or down) during Asian Hours by watching a matrix of eight mini-charts (subsequently mini Linear charts) in sub-windows as per this picture. https://www.forexfactory.com/showthr...95#post9585095.

I had done research first by building database of the size of the acceleration and probable times happening through an indicator. This gave me an idea that to earn 20 pips in quick burst will not be that difficult.

Initially, I started with having a minimum of four pairs moving in same direction and then jumping into the train. 90% of the time the trades were successful.
Subsequently I developed a feel for the probable moves happening and used to jump into on the basis of even two pairs moving in same direction.

Once in a while for using two pairs for guessing momentum speed, a trade got into adverse position. I used averaging to handle it. Because of my obstinate attitude on not having SL,the consequent drawdown was putting pressure on the psyche but I did not lose even a single trade. To avoid this psychological pressure, I later stuck strictly only to minimum of 4 pairs working in same direction if I were to trade. The silver lining was I learned averaging and varying lots in managing risk as well as my psychology well. In this trade no consideration was given as to whether the market is trending, ranging or reversing.

This phase of trading was too good to be true but it did not help my health. I had to forget about it.

Later, I shifted to trading through Quantum which was based on reversal trading, martingales, and discretionary risk management. This requires EA for shooting of trades and testing of pairs which will be suitable for this kind of wild trading. Till this date I haven't found any reliable EA for quantum trading. It requires EA trading indiscriminately with the reining-in done by manual risk management including using martingales and averaging. This kind of focus on risk management also paid off for this kind of MT4 demo-trading with too good to be true returns. I am therefore keen to pursue this because I don't have to watch the screen intensly for entering into trades and just focus on managing drawdown.

I use CME futures (not retail MT4 brokers who act against the traders by widening spreads). A reliable broker has recently introduced CME currency futures on MT5 platform. So a robot of quantum trading will come handy for trading with this broker. I will go for Quantum trading any day if a reliable MT5 EA is found.

Now I am planning to use zone trading because I want to stick to the risk management methods I have practised considerably. This zone trading will require determination of direction bias and sourcing trades with high risk: reward return. It will need a lot of patience and undoubtedly a fishnet has to be designed. Esimtate of trade duration will be another component which will help remaining true to strategy until the last minute. If you can somehow put trade duration vertical lines drawn as part of FG then your EA becomes my only tool for zonal trading in combination with your Zigcharm indicator helping me in determining zones.
Practice makes a person perfect
  • #727
  • Jul 26, 2017 7:18am Jul 26, 2017 7:18am
Quoting azzyzx
{quote} I'm using 1.957.
You have to use the FG Command

https://www.forexfactory.com/attachm...id=2407484tyou

Please watch the video so you get the idea on how to execute the FG Command

Inserted Video
This is not investment/trading advise. Will not hold accountable for loss
  • #728
  • Jul 26, 2017 7:27am Jul 26, 2017 7:27am
Quoting simnz
{quote} My trading was purely discretionary and based on having deep pip pockets (not necessarily deep dollar pockets) and working only on high daily range yielding pair of GBPJPY only. The strategy is composed of two parts since I was not trading with stop loss. First part was to jump into acceleration train for quick 15-20 pip journey. Second part was risk management which required dependence on deep pip pockets to average adverse trades at every 200 pips movement . Because of my vast experience in neutral (not directional) currency futures options...
Thanks for the reply Simns. I appreciate it.
Please tell me "trade duration vertical lines ".
What is that looks like?

Thanks
This is not investment/trading advise. Will not hold accountable for loss
  • #729
  • Jul 26, 2017 2:37pm Jul 26, 2017 2:37pm
Quote
username

Hi, I wanted to say that I've been testing your EA for a few days. And I am very pleased with that. My results are good.
Only there are some things that I do not fully understand. For example, the grid does not break out. You would expect if the price goes to your advantage.
That the grid is going to expand. But this does not the case. The second thing that strikes me is that if you have the grid on auto mode. it do not open the orders immediately. Or worse, that the system closes the orders again. All things you should not have if you want to take this system completely Serious.

Let me tell you how I handle it. I start the EA together with an order manager. (Multi order for hedging) and (Ronz stoplost system for the trailing stop) It works very well, I have not seen any bad results yet. But it would be a good improvement if the grid automatishe expand and does not close the orders again (on auto mode), or has this been done for a reason?
  • #730
  • Jul 26, 2017 2:54pm Jul 26, 2017 2:54pm
Quoting LeopardNED
{quote} Hi, I wanted to say that I've been testing your EA for a few days. And I am very pleased with that. My results are good. Only there are some things that I do not fully understand. For example, the grid does not break out. You would expect if the price goes to your advantage. That the grid is going to expand. But this does not the case. The second thing that strikes me is that if you have the grid on auto mode. it do not open the orders immediately. Or worse, that the system closes the orders again. All things you should not have if you want...
If the "That the grid is going to expand. But this does not the case" then there won't be any order gets executed right??

1.it do not open the orders immediately?
2.What do you mean the system closes the orders again?

Could you provide a video of point 1 and 2 please? Thank you for your feedback
This is not investment/trading advise. Will not hold accountable for loss
  • #731
  • Jul 26, 2017 2:56pm Jul 26, 2017 2:56pm
Change of plan!!!!

I will delay the TASK feature.
I'm placing the NEWS INDICATOR as my PRIMARY OBJECTIVE.
I'm hacking the FF Calendar website in order to retrieve the ACTUAL economic result LIVE using Java programming language.
I have been able to retrieve it and save it into a file, now I need to figure out on how to integrate it to MQL4.
This is not investment/trading advise. Will not hold accountable for loss
  • #732
  • Edited 3:08pm Jul 26, 2017 2:57pm | Edited 3:08pm
I am attaching two indicators which I will use to build zone trading strategy for only EU pair.

Zone trading or range trading will suit pairs with strong mean reversion tendency and EU fits the bill.

Picture explains it.
Attached Image (click to enlarge)
Click to Enlarge Name: Vertical Lines to calculate trend and total risk pips.png Size: 128 KB


Database of recent past confirms shifting of zones:

Symbol: EURUSD Timeframe: H4 Export date: 2017.07.27 03:16:52

Settings:
Lookback period: 2017.01.01 00:00:00 Pozitive Pip threshold: 300 Negative Pip threshold: 300 Time threshold in bars: 30

Starting bar open time;Finishing bar open time;Starting price value;Finishing price value
2017.05.11 12:00:00;2017.05.17 16:00:00;1.08385;1.11497
2017.05.11 16:00:00;2017.05.18 04:00:00;1.0851;1.11715
2017.06.23 00:00:00;2017.06.29 20:00:00;1.11447;1.14447

Quantum trading can be used for EA robot and risk management has to be done manually. Semi-auto way.

I am attaching Quantum trading EA for your reference. Your EA has already laid a good structure for this kind of auto trading. Quantum needs efficient risk management and
constant lots only will provide stable results. Piling up multiple lots will blow up the account if the trend will run for consecutive 5-10 days but in short term will provide stupendous profits.
Attached File(s)
File Type: mq4 ProblemSolving_simnz_SpeedCandles_ind.mq4   48 KB | 407 downloads
File Type: ex4 timelines v2.ex4   73 KB | 320 downloads
File Type: ex4 Quantum London Trading EA v1_6_1_Simple_Version.ex4   55 KB | 317 downloads
File Type: mq4 Quantum London Trading EA v1_6_1_Simple_Version.mq4   31 KB | 417 downloads
Practice makes a person perfect
  • #733
  • Edited Jul 27, 2017 12:57pm Jul 26, 2017 3:11pm | Edited Jul 27, 2017 12:57pm
Quoting simnz
I am attaching two indicators which I will use to build zone trading strategy for only EU pair. Zone trading or range trading will suit pairs with strong mean reversion tendency and EU fits the bill. Picture explains it. {image} Database of recent past confirms shifting of zones: Symbol: EURUSD Timeframe: H4 Export date: 2017.07.27 03:16:52 Settings: Lookback period: 2017.01.01 00:00:00 Pozitive Pip threshold: 300 Negative Pip threshold: 300 Time threshold in bars: 30 Starting bar open time;Finishing bar open time;Starting price value;Finishing...
Thanks Simnz for the indi, I appreciate it.

Do you know any link to the indi's material so I can learn something?

Thanks
This is not investment/trading advise. Will not hold accountable for loss
  • #734
  • Jul 26, 2017 3:18pm Jul 26, 2017 3:18pm
Hi yousername,

I have divided the 120 days duration in 3 parts roughly for determinig time zone.
Price zone will be around 800 pips for the 120 days.

I have provided the trading way and logic. May be you can build an auto robot for trading based on the logic .
However, risk management is purely arbitrary and I can't really explain the process. It is simply reactive type and not pre-planned.

I am not technology-orinted and now will try to understand use of custom grids with considerable time devoted to it. It will be worth it.
Practice makes a person perfect
  • #735
  • Jul 26, 2017 11:01pm Jul 26, 2017 11:01pm
Quoting simnz
Hi yousername, I have divided the 120 days duration in 3 parts roughly for determinig time zone. Price zone will be around 800 pips for the 120 days. I have provided the trading way and logic. May be you can build an auto robot for trading based on the logic . However, risk management is purely arbitrary and I can't really explain the process. It is simply reactive type and not pre-planned. I am not technology-orinted and now will try to understand use of custom grids with considerable time devoted to it. It will be worth it.
The attached picture will impart more clarity on probable trading zone (measured in high-low pips)
Attached Image (click to enlarge)
Click to Enlarge Name: Vertical Lines to calculate trend and total risk pips.png Size: 95 KB
Practice makes a person perfect
  • #736
  • Jul 26, 2017 11:29pm Jul 26, 2017 11:29pm
Quoting simnz
{quote} The attached picture will impart more clarity on probable trading zone (measured in high-low pips) {image}
How do you determine it will go down based on your indi?
This is not investment/trading advise. Will not hold accountable for loss
  • #737
  • Jul 27, 2017 12:33am Jul 27, 2017 12:33am
hi yousername,

I think I should have marked arrows on both sides to make it more clear. I have not indicated down move.

I just marked the zone size which , as per my years of neutral options trading, should probably witness range trading (except when the pair is undergoing multi-year adjustments) during the next 45 days.

In options trading, I am a seller and I collect premium betting on mean-reversion of EU which means EU will do range trading and on the expiry date of options trade I retain all or part of the premium income.

In spot fx, I will be exploring ways to capitalise on my knowledge of the EU behaviour. Risk management is a lot easier for EU and averaging will be my main tool for adverse trades. In this pair, the gains will be limited. The best part will be I can do this trade through email/push notifications.

I will first start with Murrey Math strategy in combination with news trading (acting as trigger) and do range-trading within the space of 800 pips.The discretionary part will be determining direction bias based mostly on fundamentals and occasionally on technicals.
Practice makes a person perfect
  • #738
  • Jul 27, 2017 12:49am Jul 27, 2017 12:49am
Quoting simnz
hi yousername, I think I should have marked arrows on both sides to make it more clear. I have not indicated down move. I just marked the zone size which , as per my years of neutral options trading, should probably witness range trading (except when the pair is undergoing multi-year adjustments) during the next 45 days. In options trading, I am a seller and I collect premium betting on mean-reversion of EU which means EU will do range trading and on the expiry date of options trade I retain all or part of the premium income. In spot fx, I will...
You PMed me about Mastermind's and his quantum strategy.
https://www.forexfactory.com/masterrmind

With all due respect....
Frankly I don't like Mastermind's trading system. His TE return is so minuscule while his trading system is too complicated.
It tells me he doesn't have any confident on his system...
I don't think it's worthy to be implemented and I don't want to waste my time on it.

I my self earned million of dollars per week with >10k lot simply using zigcharm and grid trading(1 to 10 lot)
This is not investment/trading advise. Will not hold accountable for loss
  • #739
  • Jul 27, 2017 1:45am Jul 27, 2017 1:45am
FG now is smart enough to hack FF Calendar site in order to get the ACTUAL data LIVE, UPDATED IN EVERY MINUTE!!!

Inserted Video
This is not investment/trading advise. Will not hold accountable for loss
  • #740
  • Jul 27, 2017 1:56am Jul 27, 2017 1:56am
Quoting yousername
{quote} You PMed me about Mastermind's and his quantum strategy. https://www.forexfactory.com/masterrmind With all due respect.... Frankly I don't like Mastermind's trading system. His TE return is so minuscule while his trading system is too complicated. It tells me he doesn't have any confident on his system... I don't think it's worthy to be implemented and I don't want to waste my time on it. I my self earned million of dollars per week with >10k lot simply using zigcharm and grid trading(1 to 10 lot)
Professional trading experience can be acquired the hard way only and by having patience and persisting with your own strategies.
So it is better to stick to just one or two setups one is comfortable with.
Your focus on news trading will pay off if you will persist with it.
Practice makes a person perfect
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