Lets try to improve my profitable Grid Correction EA | Page 17 | Forex Factory

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Lets try to improve my profitable Grid Correction EA

  • #321
  • Jan 22, 2018 5:10am Jan 22, 2018 5:10am
Quoting jasonckb
{image} I am still playing live with 1.4, however, the lotlimit_in total seems not function and for EURUSD it opened total 5.5 lots while GBPUSD 4.5 lots. A total of quite a scary 10 lots in short distance.......Hoping the 1.6 has already addressed this.
yes, ver 1.6 is ok
  • #322
  • Jan 22, 2018 7:47am Jan 22, 2018 7:47am
"Here i have Update the Equity Stop more advanced. Now You can trade set the Equity stop when EA running and As soon as EA reach the Given Equity EA will close All Orders and Stop Trading for 1 Hour time and after one hour EA will automatically start trading again."

What is the difference for Equity stop between 1.4 and 1.6?
I guess its the trade stop for 1 hour. Correct? Ore is there more difference?
Best wishes
  • #323
  • Jan 22, 2018 8:07am Jan 22, 2018 8:07am
Quoting Encorep202
{quote} yes, ver 1.6 is ok
Seems not. GBP USD position greatly increased to 8.4 lots with the highest single entry at 1 lots. that meas the ea maybe controlled by MaxLots rather than LotLimit_in total.....so I think the function is still not working properly.....And i think it is fatal as the position size will be much bigger than one expected.
  • #324
  • Jan 22, 2018 8:13am Jan 22, 2018 8:13am

1.7 Update



Attached File(s)
File Type: ex4 Pipbeast 1.7.ex4   166 KB | 772 downloads


There are some Bugs on Previous Version (1.6) and those errors are fixed.



  • #325
  • Jan 22, 2018 8:18am Jan 22, 2018 8:18am
Quoting Elovv
"Here i have Update the Equity Stop more advanced. Now You can trade set the Equity stop when EA running and As soon as EA reach the Given Equity EA will close All Orders and Stop Trading for 1 Hour time and after one hour EA will automatically start trading again." What is the difference for Equity stop between 1.4 and 1.6? I guess its the trade stop for 1 hour. Correct? Ore is there more difference? Best wishes

In the before versions there are some bugs on Equity stop and it's not doing what it suppose to do. and from new version 1.7 i have fix the bugs in equity stop and also add delay timer option so we can set how many times we need to wait by our self.
  • #326
  • Jan 22, 2018 8:24am Jan 22, 2018 8:24am
pipbeastfx, if we change to a newer version of the EA, will this EA contol trades already opened by the older one?
  • #327
  • Jan 22, 2018 8:30am Jan 22, 2018 8:30am
Quoting bazze
pipbeastfx, if we change to a newer version of the EA, will this EA contol trades already opened by the older one?
No Bazze. Wait until current trade close to run New version.
  • #328
  • Jan 22, 2018 8:41am Jan 22, 2018 8:41am
Quoting pipbeastfx
{quote} No Bazze. Wait until current trade close to run New version.
Did you have a chance to look into the method I suggested?
As the market is fractal in nature you can do this on lower timeframes ie Find the fractal high low, look for the 150%, 200% extensions etc.

One other question, will the EA still work if I set it to say 'Long Only'?
  • #329
  • Jan 22, 2018 8:50am Jan 22, 2018 8:50am
Quoting pipbeastfx
{quote} In the before versions there are some bugs on Equity stop and it's not doing what it suppose to do. and from new version 1.7 i have fix the bugs in equity stop and also add delay timer option so we can set how many times we need to wait by our self.
Thanks for the help and update!
  • #330
  • Jan 22, 2018 9:54am Jan 22, 2018 9:54am
Quoting pipbeastfx
1.7 Update {file} There are some Bugs on Previous Version (1.6) and those errors are fixed.
I do not know what you did but with ver 1.7 the account held the trend-up of 300 pips without crashing.
Excellent.

Now we have to see if it resists the Brexit of June 2016.

Thanks for your work

Edit: profit is also greatly increased
Attached Image (click to enlarge)
Click to Enlarge Name: ok.JPG Size: 69 KB
  • #331
  • Jan 22, 2018 10:02am Jan 22, 2018 10:02am
Quoting GiantGonads
{quote} Did you have a chance to look into the method I suggested? As the market is fractal in nature you can do this on lower timeframes ie Find the fractal high low, look for the 150%, 200% extensions etc. One other question, will the EA still work if I set it to say 'Long Only'?
Dear GiantGonads Past days Was bit Busy. I already copied your explanation and will study hard and sure let you know the feed back after running some test
  • #332
  • Jan 22, 2018 10:04am Jan 22, 2018 10:04am
Quoting Encorep202
{quote} I do not know what you did but with ver 1.7 the account held the trend-up of 300 pips without crashing. Excellent. Now we have to see if it resists the Brexit of June 2016. Thanks for your work Edit: profit is also greatly increased {image}

Encorep Thanks for sharing back test result. Did you use default settings or custom settings for the back testing

Thanks
  • #333
  • Jan 22, 2018 10:05am Jan 22, 2018 10:05am
Quoting pipbeastfx
{quote} Dear GiantGonads Past days Was bit Busy. I already copied your explanation and will study hard and sure let you know the feed back after running some test
See everyone is going to be having a nice drawdown on EURGBP, its broken out the range, Next buying spot in the 1st green box area.

Attached Image (click to enlarge)
Click to Enlarge Name: 18DIY2B.png Size: 90 KB
  • #334
  • Jan 22, 2018 10:14am Jan 22, 2018 10:14am
Quoting pipbeastfx
{quote} Dear GiantGonads Past days Was bit Busy. I already copied your explanation and will study hard and sure let you know the feed back after running some test
@encorep202: perfect! Did you unse EUR/GBP? Could you please share the used Setup? This would help us a lot! Thanks and regards, renkotop
  • #335
  • Jan 22, 2018 10:18am Jan 22, 2018 10:18am
Quoting pipbeastfx
{quote} Encorep Thanks for sharing back test result. Did you use default settings or custom settings for the back testing Thanks
I used default settings, I only increased the TP to 50
  • #336
  • Jan 22, 2018 10:20am Jan 22, 2018 10:20am
Quoting renkotop
{quote} @encorep202: perfect! Did you unse EUR/GBP? Could you please share the used Setup? This would help us a lot! Thanks and regards, renkotop
The test was on EUR USD
  • #337
  • Jan 22, 2018 10:22am Jan 22, 2018 10:22am
They might, indeed certainly there are other obstacles to overcome.
  • #338
  • Jan 22, 2018 10:39am Jan 22, 2018 10:39am
Quoting Encorep202
{quote} I used default settings, I only increased the TP to 50
Thanks for reply, renkotop
  • #339
  • Jan 22, 2018 1:09pm Jan 22, 2018 1:09pm
See where EURGBP turned too the tick....

Attached Image (click to enlarge)
Click to Enlarge Name: I8goZUE.png Size: 69 KB
  • #340
  • Jan 22, 2018 4:31pm Jan 22, 2018 4:31pm
Strangely, no order is executed after loading 1.7. The default settings for Auto trading is now false but I have changed it to true. Is there any condition for the orders to be executed? Previously, orders were placed immediately.
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