Lets try to improve my profitable Grid Correction EA | Page 11 | Forex Factory

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Lets try to improve my profitable Grid Correction EA

  • #201
  • Jan 18, 2018 4:29am Jan 18, 2018 4:29am
Quoting pipster59
this is a good EA and needs to have a few miner tweaks... but that is very doable compared to other EA's I have tried or had made for me I agree with some comments posted earlier here that margin and number of open trades is really all that matters in trading this EA does address all of my concerns and I feel that after all the years I have spent trading and being co owner of an FCM that we have something here as a group that can do very well if we realize what trading is To many people look for the holy grail, something that gives arrow to buy...

Agree with you Pipster. Also i'm working on the improvement of cutting with brake even or small loss when major trend started.
  • #202
  • Jan 18, 2018 4:31am Jan 18, 2018 4:31am
Quoting mavilakandy
Hi, See below what I found from my test with two brokers simultaneously. - The EA works well with the broker who offer narrow spread, especially in a ranging market. - Trades opened with narrow-spread-broker is getting closed soon than the trades opened with large-spread-broker. - With large-spread-broker, since trades are taking more time to close, it is also causing to increase the number of trades in higher sizes. - It may be more safe, if the martingale-effect of this EA is reduced by limiting the size and number of trades. I am sure, this EA...
you are correct mavilakandy different brokers giving us different result and different trading. always tiny spread brokers come with good profit
  • #203
  • Jan 18, 2018 4:31am Jan 18, 2018 4:31am
Quoting Coder
Good results from EURGBP today. Starting lots 0.01, Max lot size: 0.38, Max DD approx $270. {image}
Tanks for sharing the Result with us Coder. keep up the Good work
  • #204
  • Jan 18, 2018 4:33am Jan 18, 2018 4:33am
Quoting Peretola
First of all I would like to thank Pipbeastfx for sharing his EA. Can I suggest a small and useful modification? It could be possible to modify inside the EA the parameter “Comment” in order to write the comment you’d like to? I mean, instead of “Pipbeast Ogre…”, “Pipbeast Animal…” and “Pipbeast Monster…” personalize this parameter to write our own comment. And just two more words… I want to shear my personal opinion about the use of this EA: apart from test some filters to improve the results, I think it could be useful to use contemporary an Account...
Great thinking. we need members like you to our team and also to make this EA the great EA. i will concern this for the next update
  • #205
  • Jan 18, 2018 4:35am Jan 18, 2018 4:35am
Quoting noyraz
You can add a long or short side selection parameter?? That way you can split accounts and set a long account and a short account In the case of a strong trend only one account will be deleted You have to withdraw profits at the end of each day, and so in the case of account deletion we will still have profits This ea has no meaning to hedging strategy because it is not a perfect hedge But the hedge prevents it from opening transactions once the ea definitions are defined only by one side Thanks in advance

Good thinking. i will concern your idea too
  • #206
  • Jan 18, 2018 7:07am Jan 18, 2018 7:07am

With Some Modification New Version will be Update soon Today..

  • #207
  • Jan 18, 2018 7:13am Jan 18, 2018 7:13am
ea working good when we dont have huge trend, during trend its doing bad
  • #208
  • Jan 18, 2018 7:22am Jan 18, 2018 7:22am
I think we are all looking for the golden goose effect...and I understand.

I love how this recovers from bad trades it works very well

I have seen and tried over 100 EA's and none are full proof...there may be a few things to adjust here but honestly
this is one of the very best EA's I have ever seen

hang in there...its just money
  • #209
  • Jan 18, 2018 7:57am Jan 18, 2018 7:57am

Here is the New Version Of the EA


Attached File(s)
File Type: ex4 Pipbeast 1.4.ex4   165 KB | 545 downloads


Spacial Thanks Going to Our team who is testing the system and giving me the feed back


So lets test this one

i have concern what our team members discuss here and also try my best to add required option to bring this more effective

Your feed back is realy impotent



  1. Here Now you can control the Risk you are getting
  2. and also add a new feature of setting a daily target. as example if you set the Daily target to 100$. EA will automatically stop trading for that day.
  3. Also there is a button on EA to close all trade. when you set that to true EA will close all trades
  4. another new option is you can set the Lot limit in total. when that given lot total reach EA will not open new orders until those orders hit TP
  5. and now you can set how much % you risking for the day with the EA. As example If you are trading 5000$ account and you set the Total Equity stop to 2% and as soon as your negative balance reach 100$ EA will close the trade automatically and start fresh again. Many members ask about when EA face a strong trend . so i think this is what your answer. also some members ask why we don't put the SL. so those who like to control the Risk you can turn on this function and be safe from strong trend.



I also came up with new settings set to test. will update that latter


  • #210
  • Jan 18, 2018 8:54am Jan 18, 2018 8:54am
Quoting pipbeastfx
Here is the New Version Of the EA {file} Spacial Thanks Going to Our team who is testing the system and giving me the feed back So lets test this one i have concern what our team members discuss here and also try my best to add required option to bring this more effective Your feed back is realy impotent Here Now you can control the Risk you are getting and also add a new feature of setting a daily target. as example if you set the Daily target to 100$. EA will automatically stop trading for that day. Also there is a button on EA to close all trade....
Thanks
  • #211
  • Jan 18, 2018 9:20am Jan 18, 2018 9:20am
Excellent EA thank you Pipbeastfx.. any guidance on the UK broker with lowest spread and reliable ?
  • #212
  • Jan 18, 2018 9:47am Jan 18, 2018 9:47am
Thanks a lot!
Best wishes
  • #213
  • Jan 18, 2018 9:52am Jan 18, 2018 9:52am
Quoting pipbeastfx
Here is the New Version Of the EA {file} Spacial Thanks Going to Our team who is testing the system and giving me the feed back So lets test this one i have concern what our team members discuss here and also try my best to add required option to bring this more effective Your feed back is realy impotent Here Now you can control the Risk you are getting and also add a new feature of setting a daily target. as example if you set the Daily target to 100$. EA will automatically stop trading for that day. Also there is a button on EA to close all trade....

Great update... i'm in backtesting and new feature for equity sl i think is a good improvement.... (and maybe if you can add also a fixed sl i think could be useful if you use lot fixed)
Thanks again
Regards
  • #214
  • Jan 18, 2018 10:56am Jan 18, 2018 10:56am
Quoting pipbeastfx
Here is the New Version Of the EA {file} Spacial Thanks Going to Our team who is testing the system and giving me the feed back So lets test this one i have concern what our team members discuss here and also try my best to add required option to bring this more effective Your feed back is realy impotent Here Now you can control the Risk you are getting and also add a new feature of setting a daily target. as example if you set the Daily target to 100$. EA will automatically stop trading for that day. Also there is a button on EA to close all trade....
Thanks, but will the equity stop only count for the pair the EA is on or all pairs?
  • #215
  • Jan 18, 2018 11:05am Jan 18, 2018 11:05am
Am running this EA for the past 36+- hours . with 0.03 ( and 2 pairs only ) Results looking nice
Attached Image (click to enlarge)
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  • #216
  • Jan 18, 2018 11:13am Jan 18, 2018 11:13am
Attached Image

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Can You explain
Autotrading I guess it must be true if we will let the EA trade
Close all If true all trades get closed?
Daily target Close when @50 its up $50
MM I dont know, guess if true not start with Lots for me 0.01
Take profit 50 stop after what?
Useequitystop stop loss in % of equity?
Total equity risk in %? if I have a $5000 account and st it to 0.4 stop trading when open trades are -$20?

Best wishes
  • #217
  • Jan 18, 2018 11:30am Jan 18, 2018 11:30am
Quoting pipbeastfx
Here is the New Version Of the EA {file} Spacial Thanks Going to Our team who is testing the system and giving me the feed back So lets test this one i have concern what our team members discuss here and also try my best to add required option to bring this more effective Your feed back is realy impotent Here Now you can control the Risk you are getting and also add a new feature of setting a daily target. as example if you set the Daily target to 100$. EA will automatically stop trading for that day. Also there is a button on EA to close all trade....

thanks for the updates...this started as a really good EA and now will really kick some butt
  • #218
  • Jan 18, 2018 2:44pm Jan 18, 2018 2:44pm
Nice EA and thank you Pipbeastfx

i`ve only got one question,
When we have a ranging market this is working really good and then the EA will hedge.

When there comes a trend it only will take buys ore sells ?
Why doesn`t the EA don`t hedge at that time ?

Greetings and keep up with the good work :-)
  • #219
  • Jan 18, 2018 4:12pm Jan 18, 2018 4:12pm
What about the Show News option, is not working for me , is there any Setting to do ?
Thank you and sorry fo my bad englisch
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  • #220
  • Jan 18, 2018 5:42pm Jan 18, 2018 5:42pm
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