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Trio Orchestra EA: A free - no expiry - little grid rider

  • #121
  • Edited 2:08pm Feb 9, 2018 12:47pm | Edited 2:08pm
Quoting falanca
An idea for hedging. Hedge the hedged order with the lots proportional to the pip difference to the first hedge order and with partial closing. For example; There are 5 buy orders(0.1lots) that is not closed and market goes down.6. buy order will be openning with 0.6 lot sell order.Then market goes up for example 20 pips,new hedge of hedge order will be openning with 1.2 multiply factor (0.72 lot) buy order with partial closing function.And if we predict minumum target profit also so loosing will be hard. İ hope ı could tell what ı...
So if after the first hedge the price moves back up the buy hedge will take profit for the 20 pips recovery zone. Is that what you mean? And why partial closing?

Also what if the market turns down again? When to exit the second hedge? Why not just exit the first hedge and open a buy order of 0,2 instead.

If someone could elaborate?
  • #122
  • Feb 9, 2018 2:46pm Feb 9, 2018 2:46pm
So if after the first hedge the price moves back up the buy hedge will take profit for the 20 pips recovery zone. Is that what you mean? And why partial closing?

On options we shall predict like that;hedge after for example 0.5 lot so opened 0.6 lot sell hedge order.After back up EA will open normal sell orders ok.On that time it will take the profits of partial closed hedge order.And when the difference of buy and sell orders lots becomes over 0.5 lot it willopen new hedge order.EA will close all orders when total profit ofthe chart ( total with closed orders) comes to predicted value.This value must not be too much.So loosing will be hard.
  • #123
  • Feb 9, 2018 3:02pm Feb 9, 2018 3:02pm
Ok, this sounds like a very interesting hedge strategy and I really want to get it. Thanks for trying to make me understand!

So hedge after 0.5 lot. 0.6 sell hedge is open. Price moves up 20 pips and now ?

can you give an example?
  • #124
  • Feb 9, 2018 3:53pm Feb 9, 2018 3:53pm
0.72 lot buy hedge lot will be opened by the EA.And if prices go up again.İf we set partial closing pips for hedge orders as 10 pips for example after 10 pips going up 0.36 lot of buy hedge order will be closing ok.Then on chart there will be 0.6 lot first hedge sell order + new openning EA's order(total 0.7 lot sell order) and 0.36lot buy order+0.5 lot previosly openned buy orders.When prices goes up again EA will open sell orders and closing buy orders ok.And on that occassion if sell order number passes 0.5 lot new hedge order will be openned as 0.6 lot buy order.On inverse condition if prices go down new hedge orders will be openned so the loss will be restricted.And if we aim little profit for the chart considering closed orders profit also we can success to get profit with little risk and with more possibility.

İ hope ı could tell now
  • #125
  • Feb 9, 2018 4:04pm Feb 9, 2018 4:04pm
Anyway .Pardon me for my English.İt was just an idea.
  • #126
  • Feb 9, 2018 5:19pm Feb 9, 2018 5:19pm
Quoting bmcgowra
{image}
Sorry I got busy. Will try to complete the document over the weekend
  • #127
  • Feb 9, 2018 6:38pm Feb 9, 2018 6:38pm
Quoting birpinar
In my opinion, the best function to be added to Trio dancer EA is a total profit target.(Since I do not beleive that this robot will work without blowing an account if you let it run days and weeks and monhts...) I want to set the EA run without giving attention to weekends or news with a target of specific amount of dollars. Either it blows the 500 or doubles it. This is different than the daily target function. In this function, I am aiming to set the EA run with initial capital e.g. 500 dollars and tell the robot stop trading and close all orders...
Yes, this is o good approach which is also smart money management with any grid or martingale... . Good share my friend. Discipline will be the problem here.
If I run 3 or 4 round successfull..."my weak humanity" lol ...will be tempted to double initial lots ...going for more ( greed ) ...thus maybe loosing 2 or 3 times in a row ..altering the plan . Then , the "revenge" against the market ...it happened 3 times in a row...thne can´t happened a fourth time right ...so , let´s start with 0.05 ...ad you are done. So, YES , 100% with you , a plan , discipline . And Trio is a winner ...
  • #128
  • Feb 9, 2018 6:49pm Feb 9, 2018 6:49pm
Quoting bmcgowra
{quote} Which lotsize would you suggest for a 500 dollar account? I just backtested your theory with a 500 dollar account and 0.5 lots. You need atleast 0.5 lots to get close to doubling your account within a week if trading with 1 pair. The result is more like 8 weeks blowup and 2 weeks double. Did you test this?
Which pair or pairs ..this is quite aggressive with starting 0.5 lot ....this remember me another thread here "fast and furious" Fibo Dingdong dashboard.
  • #129
  • Feb 9, 2018 6:55pm Feb 9, 2018 6:55pm
Quoting Bullilulli
{quote} Hi, before I start working on the wrong Point. Which Version we should take to start? We have so many mq4-files now. Thank you!
Hi Bulli ,

any version here is good to be backtested...they are just the same with different fancy names ... test on demo USDJPY 5Min Time Frame first ...watch the EA surfing ...when you are fine ...add EURGBP or EURCHF...so , you are not to much exposed on a currency ... like in a selection of USDJPY / GBPJPY or EURGBP EURJPY....
  • #130
  • Feb 9, 2018 7:01pm Feb 9, 2018 7:01pm
Quoting stefdek
Now , look at the picture below ...did you ever saw a grid martingale behave like this one ? If yes ..please share here. {image} This is a dynamic grid ..really amazing ...GBPCHF on Asian 5min chart ...I knew there were red news for GBP ahead ...so (demo) I switched TF to 15 min chart before going to sleep...ea kept taking care of my opened pos in DD...took others on TF15 ..and withstanded a 234 pips move DOWN ... . did you ever saw a martingale like this ?
Hi Stefdek,
Are you using EA pipbeast v1.9 for that result?

Thank goodness I found your thread. I almost become a victim to pipbeastfx skim.
  • #131
  • Feb 9, 2018 7:27pm Feb 9, 2018 7:27pm
Quoting xjhamil
hi to everyone, i recoded the ea into more friendly code, also i isolate the engines and set my custom engine (the code keep the original conditions commented), just only basic conditions, maybe will be better change the conditions to more advanced signals, also added added max drawdown option, this is the results with the standard parameters 2017-12-01 - 2018-01-31, initial balance 1000$ to almost 4000$ in two months and 50% max drawdown, i think if withdraw a percent of balance every period like days or weeks, the risk will be minimized because...
Thank you for sharing this open EA.
Just a couple queries. How should i adjust the lot size in percentage (eg. if I want to add 0.10 would it be 10% of the original lot size 0.01?)
I reckon you mentioned about change condition to more advance signal. May I request to add the daily target option as I think it is quite important to control our trade appetite without over trading?

Thanking in advance for your support & contribution.
  • #132
  • Feb 9, 2018 8:59pm Feb 9, 2018 8:59pm
Quoting falanca
An idea for hedging. Hedge the hedged order with the lots proportional to the pip difference to the first hedge order and with partial closing. For example; There are 5 buy orders(0.1lots) that is not closed and market goes down.6. buy order will be openning with 0.6 lot sell order.Then market goes up for example 20 pips,new hedge of hedge order will be openning with 1.2 multiply factor (0.72 lot) buy order with partial closing function.And if we predict minumum target profit also so loosing will be hard. İ hope ı could tell what ı...
Hi Falanca , thanks for landing here. To "hedge the hedge" is a nice concept , since we are working together here on a grid/martingale , everyone should know that this is a marvel when pair is ranging . Now , when this pair starts trending without small pullbacks , this is an account killer ...Bmcgow suggested to hedge when at early stage ( not too early though) ...problem is: hedge is an account killer in a ranging market. So the idea of hedging the hedge is very interesting.

Bmcgowra: I know what you mean , the 2 or 3 farest pairs with 0.01 0.01 0.02 .... are really ...huge amount of pips away from actual market price , and I remember
that when demo trading another grid few weeks ago , I had to intervene manually to closes theses big pips loosers , which means using the heaviest position in profit
to close the loosers... ( Ex: 1st step 0.01 @-7$, 2nd step 0.01 @-5.80$ 3rd step 0.02 @-8$ ...and using your winning 0.11 level @ +21$ to close those 3 loosers ..all this manually with hours of monitoring sometimes 3/4pairs at the same time .....this is extremely time & nerves consuming. Hedge,ok ...Hedge the Hedge,better.

Falanca, can you "picture/draw" your idea ?
  • #133
  • Feb 9, 2018 9:16pm Feb 9, 2018 9:16pm
Quoting petewong052
{quote} Hi Stefdek, Are you using EA pipbeast v1.9 for that result? Thank goodness I found your thread. I almost become a victim to pipbeastfx skim.
No Pete ..this is an EA I found on the web ...I renamed it with fancy names ... Could ave been RINGMASTER EA : 3 strategies a) Tyson b) Ali c) Foreman .
Pipbeast unfortunately was not clear from the beginning of his test for obvious reasons. He wanted to hook-up posters there ,asking for suggestions , asking for backtests , special needs , etc... picking up ideas from posters to make a final PRODUCT ( for sale). Version here is free ...with editable mq4 , no expiry , but still
lacks the tweaks made on pipbeastfx V1.9 that were all demo users request. Final product is good , tailor fitted. Problem is : the seller in not trustable anymore.

He can still sell you a never expiry version ...with an expiry hidden inside its code. Or selling you v1.9 for 199$ ...and v2.0 with example Hedge version for another
additional 299$ , and ...V2.1 ...etc. Here we are trying to get slowly our own TrioX ea ..mq4
  • #134
  • Edited 12:59am Feb 10, 2018 12:03am | Edited 12:59am
Quoting falanca
0.72 lot buy hedge lot will be opened by the EA.And if prices go up again.İf we set partial closing pips for hedge orders as 10 pips for example after 10 pips going up 0.36 lot of buy hedge order will be closing ok.Then on chart there will be 0.6 lot first hedge sell order + new openning EA's order(total 0.7 lot sell order) and 0.36lot buy order+0.5 lot previosly openned buy orders.When prices goes up again EA will open sell orders and closing buy orders ok.And on that occassion if sell order number passes 0.5 lot new hedge order will be openned...
Yes, now I get it. Thank you! Wish I could test it. Not a coder though..
  • #135
  • Feb 10, 2018 2:47am Feb 10, 2018 2:47am
Quoting xjhamil
hi to everyone, i recoded the ea into more friendly code, also i isolate the engines and set my custom engine (the code keep the original conditions commented), just only basic conditions, maybe will be better change the conditions to more advanced signals, also added added max drawdown option, this is the results with the standard parameters 2017-12-01 - 2018-01-31, init.............. {file}

If you could add this hedge function? We could experiment and see what works. If you have time you could try the other hedge functions as well and see what works?

1.
Total Draw down is for example 1 lot buy order, drawdown is -10% of account.
At that point execute equal hedge sell order of 1 lot and an additional sell order of 0.2 lots.
diff is now 0.2 sell lots. This stops further drawdowns and slowly recovers losses if market keeps falling.

You can wait for the market to fall further and the hedge sell will equal the buy order.

2.
If price turns back up close both hedges if DD is at -8% of account. Now lost 2%. Open an additional buy order to equal the lost 2%. Close at same point of last TP target of the sequence.

Input fields:

Example input fields

1

Hedge
true/false

2

activate hedge

-10

Is % of account balance

3

Exit hedge

-8

Is % of account balance

4

add to hedge

0.2

Is times the amount of pips in loss

5

Re-enter hedge

3

times of re-entry if moving bellow 10% again
  • #136
  • Feb 10, 2018 7:43am Feb 10, 2018 7:43am
Quoting birpinar
In my opinion, the best function to be added to Trio dancer EA is a total profit target.(Since I do not beleive that this robot will work without blowing an account if you let it run days and weeks and monhts...) I want to set the EA run without giving attention to weekends or news with a target of specific amount of dollars. Either it blows the 500 or doubles it. This is different than the daily target function. In this function, I am aiming to set the EA run with initial capital e.g. 500 dollars and tell the robot stop trading and close all orders...
I guess, Sentry is answer for your question. :-)

https://www.forexfactory.com/showthr...2#post10511892
.................
  • #137
  • Feb 10, 2018 8:33am Feb 10, 2018 8:33am
Quoting bmcgowra
{quote} Wow, this is so cool! I have a very specific hedge function that could be added. I have it from another member on FF. He said its ok to forward. He wanted to make some additional adjustments, but I think its fine. Do you think you could code a hedge into it?
yes i can code the hedge function into the ea

Quoting petewong052
{quote} Thank you for sharing this open EA. Just a couple queries. How should i adjust the lot size in percentage (eg. if I want to add 0.10 would it be 10% of the original lot size 0.01?) I reckon you mentioned about change condition to more advance signal. May I request to add the daily target option as I think it is quite important to control our trade appetite without over trading? Thanking in advance for your support & contribution.
the lot size means for example if you have a balance of 1000$ and set this parameter to 10 the ea init the cycle with the 10% of your balance in lots, the increment lot means for example if you set this to 30 is equal to set 1.3, 20 is equal to 1.2, in the trio ea, i just only dont like double in parameters.

this have the daily target profit included, close all position when target is hit, only open new orders in the next day.
Attached File(s)
File Type: mq4 xBest.mq4   21 KB | 1,059 downloads
  • #138
  • Feb 10, 2018 11:26am Feb 10, 2018 11:26am
Quoting xjhamil
{quote} yes i can code the hedge function into the ea {quote} the lot size means for example if you have a balance of 1000$ and set this parameter to 10 the ea init the cycle with the 10% of your balance in lots, the increment lot means for example if you set this to 30 is equal to set 1.3, 20 is equal to 1.2, in the trio ea, i just only dont like double in parameters. this have the daily target profit included, close all position when target is hit, only open new orders in the next day. {file}
Hi xjhamil,

Thank you so much for your help. I will try testing it next week onwards and share my result to you all later.

Keep up the good job.
  • #139
  • Feb 10, 2018 11:55am Feb 10, 2018 11:55am
Quoting stefdek
{quote} No Pete ..this is an EA I found on the web ...I renamed it with fancy names ... Could ave been RINGMASTER EA : 3 strategies a) Tyson b) Ali c) Foreman . Pipbeast unfortunately was not clear from the beginning of his test for obvious reasons. He wanted to hook-up posters there ,asking for suggestions , asking for backtests , special needs , etc... picking up ideas from posters to make a final PRODUCT ( for sale). Version here is free ...with editable mq4 , no expiry , but still lacks the tweaks made on pipbeastfx V1.9 that were all demo users...
Yeah, i get what you mean stefdek, which is why I'm thankful you open this thread sharing with others. I did approach to pipbeast initially when I realised he has abandoned his thread. He gives me the new activated EA but is in v1.7 instead.

Again he never mentioned if this has any new expiry so I can only continue test in demo with more aggressive by leverage up to 0.10 lot size but set daily target of $100 only. It was working fine in the beginning but somehow the daily target seem not working resulting my account over trading despite already hit target $100. I ended up loosing $1000+ in just one day (as refer to chart).

I bet he is expecting me to approach him again for a better version of his EA...with some cost incurred of course. He could have been more straightforward earlier and perhaps some might willing to pay somehow
Attached Image (click to enlarge)
Click to Enlarge Name: TestResult.gif Size: 6 KB
  • #140
  • Feb 10, 2018 1:24pm Feb 10, 2018 1:24pm
Quoting stefdek
{quote} Hi Falanca , thanks for landing here. To "hedge the hedge" is a nice concept , since we are working together here on a grid/martingale , everyone should know that this is a marvel when pair is ranging . Now , when this pair starts trending without small pullbacks , this is an account killer ...Bmcgow suggested to hedge when at early stage ( not too early though) ...problem is: hedge is an account killer in a ranging market. So the idea of hedging the hedge is very interesting. Bmcgowra: I know what you mean , the 2 or 3 farest pairs with...
İ dont want to waste your time.My aim is to restrict the looses and close the orders totally or partially when found some profit.Thanks
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