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Lets try to improve my profitable Grid Correction EA

  • #261
  • Jan 19, 2018 9:45am Jan 19, 2018 9:45am
Hello,
yesterday and today on EU and EG with default settings and 3 manual closings with small loss.
Demo account.
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  • #262
  • Jan 19, 2018 1:14pm Jan 19, 2018 1:14pm
Quoting pipbeastfx
Hello Members I have created a EA trade using Grid stages. and Still Improving to Maximize the Profit. so i will attach the EA File here. so you can Install it to your Platform and let it Run EA trade with EUR GBP and USD JPY Set and demo account to 5000$ and set the minimum Lot size to 0.01 and let it run. Do not Run with Real accounts until i say so. Lets try to improve this EA with Maximum Profit Margine From Monday. Lets start trading and i would like to get your Ideas {file}
Why is your EA open buy and sell position at the same time?
  • #263
  • Jan 19, 2018 1:33pm Jan 19, 2018 1:33pm
Quoting pipbeastfx
{quote} In EA settings Close Friday make it False then EA will run normaly
Thanks for the information. I'll test the new EA to assess its performance starting monday.
  • #264
  • Jan 19, 2018 2:26pm Jan 19, 2018 2:26pm
Dear Pipbeastfx, first of all thank you for your nice work creating an excellent EA. I think as a security filter we could use for ex. 1H timeframe 20 moving average. (trading on 5min timeframe like now). If on 1H timeframe price is over 20 MA then only buy and martingale only buy on retracements, if price goes under 20 MA then only sell and martingale on retracements. Is that possible to implement? What do you think about?
  • #265
  • Jan 19, 2018 5:33pm Jan 19, 2018 5:33pm
All trades closed for this week. Here's the results...
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  • #266
  • Jan 20, 2018 2:07am Jan 20, 2018 2:07am
Quoting Goldenglobe
Dear Pipbeastfx, first of all thank you for your nice work creating an excellent EA. I think as a security filter we could use for ex. 1H timeframe 20 moving average. (trading on 5min timeframe like now). If on 1H timeframe price is over 20 MA then only buy and martingale only buy on retracements, if price goes under 20 MA then only sell and martingale on retracements. Is that possible to implement? What do you think about?

Dear Goldenglobe This is a Perfect thinking of you. i will keep this in mind and will do some test
  • #267
  • Jan 20, 2018 2:41am Jan 20, 2018 2:41am
A dumb question from me regarding the Broker_time_offset.....

If my broker located at GMT+2 while I located at GMT +8, then what will be the offset? Thanks in advance.
  • #268
  • Jan 20, 2018 3:01am Jan 20, 2018 3:01am
Quoting pipbeastfx
{quote} Dear Goldenglobe This is a Perfect thinking of you. i will keep this in mind and will do some test
Hi All, I have the same idea in my own system. I use 10 EMA and 180 EMA (180 * 60 = 10800) cross in H1 when 10 above 180 long only while when 10 below 1801 short only. But for your hedging EA, you may consider to expand the grids in Sell when 10 is above 180 and vice versa for Long when 10 is below 180. With a wider grid, the ea is forced to be more conservative in a counter-trend and reduce the hurt.
  • #269
  • Jan 20, 2018 3:55am Jan 20, 2018 3:55am
any chance to add also a time filter start 00:00 stop 00:00?
  • #270
  • Jan 20, 2018 5:39am Jan 20, 2018 5:39am
Quoting jasonckb
A dumb question from me regarding the Broker_time_offset..... If my broker located at GMT+2 while I located at GMT +8, then what will be the offset? Thanks in advance.
You always look at the brokertime, forget yours...So you shall use +2...
  • #271
  • Jan 20, 2018 5:52am Jan 20, 2018 5:52am
Quoting bazze
{quote} You always look at the brokertime, forget yours...So you shall use +2...
Tks bazze.
  • #272
  • Jan 20, 2018 6:04am Jan 20, 2018 6:04am
Thank you for the EA, I did made a BT on pair EJ. I know its not the advised pairs, however. A 3500 balance blown with default settings. I made something wrong maybe?
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" Accepting losses is the most important single investment devise "
  • #273
  • Jan 20, 2018 6:48am Jan 20, 2018 6:48am
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I forward test the ea with my live account on E,G & UJ, quite a promising result for yesterday, the loss of -273 in the Orge is because the ea close one of my GBP manaul trade when it hit equity risk % (dunno why). Starting lot 0.05 and multiplier 1.3 and profit 1174.85.
  • #274
  • Jan 20, 2018 7:43am Jan 20, 2018 7:43am
Quoting jasonckb
{image}{image}{image} I forward test the ea with my live account on E,G & UJ, quite a promising result for yesterday, the loss of -273 in the Orge is because the ea close one of my GBP manaul trade when it hit equity risk % (dunno why). Starting lot 0.05 and multiplier 1.3 and profit 1174.85.
@jasonckb: Does your Analysis mean to trade only according Magic number 11111? I think so...
Best regards, renkotop
  • #275
  • Jan 20, 2018 10:07am Jan 20, 2018 10:07am
Quoting bazze
All trades closed for this week. Here's the results... {image}
bazze, this is an indicator?
  • #276
  • Jan 20, 2018 10:22am Jan 20, 2018 10:22am
Quoting renkotop
{quote} @jasonckb: Does your Analysis mean to trade only according Magic number 11111? I think so... Best regards, renkotop
Hi renkotop, I have no conclusion on that 11111 is the best. BTW, Ogre should have approx 400 profit instead of -273 as the ea erroneously closed my manula trade of GBPUSD when the equity risk (1%) of GBPUSD has been hit
  • #277
  • Jan 20, 2018 10:27am Jan 20, 2018 10:27am
Quoting jasonckb
{quote} Hi renkotop, I have no conclusion on that 11111 is the best. BTW, Ogre should have approx 400 profit instead of -273 as the ea erroneously closed my manula trade of GBPUSD when the equity risk (1%) of GBPUSD has been hit
But is it possible use just one of 3? i don't think so...
Thanks
Regards
  • #278
  • Jan 20, 2018 10:30am Jan 20, 2018 10:30am
Quoting cescof
{quote} But is it possible use just one of 3? i don't think so... Thanks Regards
@pipbeastfx: is it possible to run the ea only using Magic 11111? If yes, how do I have to modify the ea? Thanks for Reply, renkotop
  • #279
  • Jan 20, 2018 10:33am Jan 20, 2018 10:33am
Quoting pipbeastfx
Hello Members I have created a EA trade using Grid stages. and Still Improving to Maximize the Profit. so i will attach the EA File here. so you can Install it to your Platform and let it Run EA trade with EUR GBP and USD JPY Set and demo account to 5000$ and set the minimum Lot size to 0.01 and let it run. Do not Run with Real accounts until i say so. Lets try to improve this EA with Maximum Profit Margine From Monday. Lets start trading and i would like to get your Ideas {file}
how big risk is use this EA on 1000 $ account balance with 0.01 lot size? does its survive our get MC ?
  • #280
  • Jan 20, 2018 10:43am Jan 20, 2018 10:43am
Quoting cescof
{quote} But is it possible use just one of 3? i don't think so... Thanks Regards
with the amount of loss recorded in the Orge (-867 in GBPUSD, while I have an order losing -615 at that moment), I confirm it is.
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