Hybrid Grid-Automated

Tapping into my inner creative mind, also known as Drinking a Case of Beer...

I've been playing around with 2 new ideas...now they might not look that good to begin with...but in Manual Trading, these could be "The Shit"!

Price Oscillation and Hard Target for profit!

Both, very kewl ideas.

Let's start off with the easiest to explain - Hard Target!

We have a minimum Dynamic Profit, as of current...meaning, that once the series of trades reach profit and sees a counter trigger, it will close all that have the sum greater than our minimum target. This has proven to be a VERY effective strategy...

BUT!

What if you are comfortable with Taking a Static Profit?

Why wait for a counter trigger when you can just set a hard target and SHAZAMM - Out of all trades that have the sum total of the hard target?

This is what has been added...now, I'm still fucking around with it and of course after drinking a case of beer, will want to see if this actually works in Open Market...but, it's a start!

Price Oscillation!!

This one...w0wzers!

This will either be your savior or will be your demise, kind of the "Hail Mary" of trading triggers.

What is Price Oscillation?

Well...it kind of follows the same MACD or Moving Average Crosses as we observe in my manual triggering logic - HERE
Only difference is, it is one of the MOST AGGRESSIVE TRADING METHODOLOGIES that I have coded into a Manual Trade System...

Understanding it, is kind of like understanding a Moving Average Cross and for all intents and purposes and because of the Market Accepted MACD settings of 12/26, have based it on this...

When the 12EMA is greater than the 26EMA, on your Standard Meta4 terminal indicator, the oscillator is ABOVE ZERO.
When the 12EMA is less than the 26EMA, on your standard Meta4 terminal indicator, the oscillator is BELOW ZERO.

If you've had some time to play around with the manual trader...you get to understand some of the triggerings that we already have available as well as understand that these lines cross multiple times throughout the day, especially as applied to an M1 chart. So...the HYPER triggering that I've coded in, will work like this:

Longs - If 12 EMA is Less Than 26 EMA and the close of the current candle is greater than the open of the Previous Candle, BUY again!
Shorts - If the 12 EMA is Greater than the 26 EMA and the close of the current candle is less than the open of the Previous Candle, SELL again!!

This will respect ONLY TIME!!

Meaning, as we observe the MACD - 12/26 and it is below zero, for every candle that is a bullish candle, closing above the previous candle open, will continue to cost average into an Already Open Trade Series.

Converse for Skorties!

What we are effectively doing, is getting MASSIVELY aggressive with cost averaging trading and trying to Oscillate our Triggering with the Oscillation of Moving Averages - Which can most effectively be observed through the use of the MACD (standard settings) Histogram.

If we have taken a Bullish Position and the MACD is below Zero, we will add additional long positions as long as long as the MACD histogram is below zero and/or until we have achieved one of the 3 profit methodologies being employed.

If we have taken a Bearish Position and the MACD is above Zero, we will add additional short positions as long as long as the MACD histogram is above zero and/or until we have achieved one of the 3 profit methodologies being employed.

This of course, will still be an OPTION, meaning, you never have to use the Hyper Triggering nor the Static Close by simply adjusting settings in the user variables.

Lots of splaining in this...hopefully it makes sense...

To give a comparative idea as to what it looks like...Hyper and Static Close added to the strategy on EURJPY from the previous post:


I wouldn't actually recommend the Hyper Trading on the automated version...well...until it's actually tested, but it could be fantastic for Manual.
or
Could truly be Xuicide and get erased before ever released...

Just thought I would letcha have a look at what's in the works, is all!
And to letcha know,
My liver is taking a beating for the sake of profit!

To give a Visual of the idea...here is a Random Sampling of Cable...

We've Marked our Average MACD turns...taken a Short...

Now for every Red Candle inside of the Red Boxes, the EA will Add another Short Trade until one of the 3 profit Methodologies has been satisfied and closes a series.

There may be some stragglers - to be sure, but if tripping this manually, you should be able to gauge whether you want to Exit the remaining - manually - or if you are comfortable with letting them ride.

Most assuredly...if you are following the rules of the strategy posted and using hyper logic, you will get you out of almost anything.

Just watching this on the M1...

I am SOoooooooooooooooooo fucking going to be using hyper!!

lol

All Logic - Including Manual Triggering - tucked neat and tidy into one EA.

How Kewl is this shit!


1. Primary Triggers - Select by setting to 0 - if both are left at 200, Manual Triggering Only.
2. Cost Averaging Methodology - Select the Level to enable...how many trades deep will it got before you add in another triggering...
3. Set Dynamic (Trigger on Exit) and Static (Hard Target) Profit.


I've coded the Bollinger Logic to be on a No-Nedge Level...due to the difference in the timeframes, the Homeostatic Median Filter is Adjusted for the Range of Charts, not specific to a Weekly Frame.

The Hybrid is Also included, so that if you want to continue on with an M1/M5 chart with the Hybrid Logic with the Homeostatic Median Filter being the weekly Average, simply set this to 0 and have BB Start Set at 200.

For Manual Trading, keep both Primary Triggers set at 200 and no trades will be taken until you have initiated a set with a single order.

A lot of great ideas, just have to confirm the code when my eyes are a little less blurry...and of course, verify logic in a live environment!!

One more thing I would like to have completed and tested prior to release...

My own personal scalping method, using the Trend and MACD Histogram Levels.

Did you know, that after you've added a line to the MACD or any other indicator for that matter, you can select it, and set the properties?

I've got Even sets on this example for .0002 and -.0002 - equal levels...


Just have to code this into a User Variable as a Primary Trigger and instead of watching the charts and waiting...on each day as these levels present, you can select them and then set the EA to use this as a Primary Trigger - set the Cost Averaging Methodology and let this motherfucker run!

Working on it...brain just not doing so well on the math right now...

Man!!!!!
You are doing a wonderful job, wishing you the very best Magix

Hello Magix,

Please correct me if I am mistaken.
I believe, the EA is same for both 'manual-start-trade' and 'auto-start-trade'.
The latest version RMHC Hybrid 1.2 can be used for both types and it is only matter of setting the right parameters as per our choice.
Thanks,

Magix this is really awesome man, the ideas you come up with is crazy, and way above what my brain can come up with lol..

With these new ideas and with the auto and manual versions, I can see you wanting to implement them into one EA, but I think it would be better to keep them separate?

Having a separate auto and manual version would be better I think, so then those who want to trade on auto can use that version and the manual version for those that want to trade manually.

There are also now 2 trigger settings, and 5 cost averaging settings, which for newbs might be a bit confusing, so would you be able to share suggested recommended default settings for them, or preset them in the default input settings?

Can both BBStart and HybridStart be set to 0 so both will work simultaneously together?

This new next version looks really great, and if its potential will be better than v1.2 then I'm super amped lol..

Am in love with your Manual EA

My job is to trigger the trade and the rest the charming EA will do


those trades were opened before market close on Friday , so lets see whats going to happen to them (( still testing ))

This is correct.

Keeping the magic number set to 0 will make it so that the EA will work to close out any manually taken or added positions on the Full Auto Version.

The only issue is, if you want to take the primary trigger yourself, the EA might beat you to the punch...

As long as you are aware, no issues.

That was definitely one of my considerations in trying to add too much making it a little too confusing for those that are new to the thread or new to any of my cost averaging grid traders.

A lot to get your head around to be sure.

On release, I will keep it to default Hybrid Settings and hopefully be able to include enough information to reference...there will be questions and there may even be some issues, definitely have to proceed with caution...

BBStart and HybridStart can be enabled at the same time...But I'm not entirely sure that will be in anybody's best interest.

That puts this EA as being Very Aggressive as the cost averaging will work to trigger out after the first trade taken by either of the 2 primary methodologies or manual.

That being said...

Changing the Magic Number and you can run the BBStart on an M5 as long as it has a different magic Number than the Hybrid on M1 and only use the Magic number 0 for manual trading...

Yeah...way too much!!

lol

Looking good, dude!

Head still pounding from an Allnighter last, heading out with the wife in a couple hours for what might be another...

Dear Gawd, I am just not cut out for this shit anymore!

Whilst I wait for our departure and nurse with a little hair of the dawg, figured I'd give Hyper a shot!


I know...we are in a sell cycle, but figured, WTF!

lol

Magix, apart from being a Fucking genius your a Man after my own heart, weather in England nice for a change, barbecue at dinner time just finished my last can at 1.21 am, Drunk myself sober, keep up the good work Bud as more Beer tokens needed

If memory serves, I think I had 15 cans of beer before heading out...

A few pitchers and around a half dozen shots...I definitely did not drink myself sober.

But it was a great night out and should be another rocking evening.

Weather is awesome here...too bad I spent a big chunk of the day in bed.



Holiday Monday for us Canucks...will probably just take it easy tomorrow and see if I can get some shit caught up.

I will need a Sythe to cut my grass if I don't attack it soon...

So...might have been a little premature at pulling the trigger on this...partial profits taken and logic kicks back in to try and escape the rest.

But then it occurred to me...I have a different hard target closing strategy so...in effect, I can raise the Min Profit Close on this...set up the Hard Target Close to $1 and then instead of exiting too early on Counter Trend Trades, it will hold all positions and close all at profit.

Just kinda figured this out...it was actually meant for market surges in trend, but fuck it...let's see if it works and if we can get out of the lot of these instead of needing additional cycles and more partial closes...

Magix, thanks for you response.
That means, there is NO separate EA dedicated for manual start.
RMHC Hybrid 1.2 will do both manual and auto start.
Regards,

Hey Magix - any chance I can get access to this EA? I've gone and donated already but haven't posted enough on the forums to be able to message you directly? I think that's what's happening anyway...

Whit Monday holiday here...nevertheless just played around a few hours this morning out of sheer boredom with the Hybrid Manual...

Hello jdva,
Though I do not have high profit like yours, mine is also running from morning, Hybrid auto, 13 pairs, default set up.
Could you please share with me your template (in your post) for reporting the summary of transaction, so that I can also share the details here.
Thanks,