Hybrid Grid-Automated

Great work as usual Magix... My vote is with Buzzsaw.
Cheers
Carlos

Auto Stochs is my bet! Good luck!

I bet on Buzzsaw Magix 7 as i am curries about this new baby

Hi Majix,

This is all superb! I bet on Buzzsaw Majix 7 (just because it has highest return so far ) But also the Bitch and Buzzsaw looks top!!! Difficult Choice as the Auto Majix sounds great also.

Cheers

I also agree with what you say about summer trading - especially August!!!!!!!!!!!!!!!!

I have never had a truly profitable August - manual or auto trading - in 3 years.

I never believed it when people told me that August is always bad because of banker/politician/traders on holiday - but I guess there must be some truth in it.

Cheers again

You make me laugh boy!!! You are very funny
My vote goes to CoCo Magix and Stochs2 and to you @Magix

Keep up the great work!!

Hello Magix

I´ll give it a shot too!!!

I´ll pick......

Auto Magix - Most recent version (not released yet) of the Magix_Scalp Trader - working with the standard triggering and Tap Out Logic.

Why not???

All in, Jackpot, Everything on red!!!!

Amazing work Magix...my vote to Buzzsaw

Cheers

@Magix

What period are we talking about, till end of September ?

Nah...

Just a sprint.

Market Close Friday.

I will bet on - Buzzsaw Magix 7 - Working on a Homeostatic trend, Magic 7 pairs - Market Dynamic Exits.

After 4 months of live testing, Hybrid All In has been my favourite using a combined Hybrid and magix trigger with MACD setting of 40. Other versions of the EA almost took my accounts down as in my TE. I quickly switched to manually close out bad trades with cross pair cost averaging. I adjusted settings to (summstart, 900 delay, profit target of $2 per 0.01 lot).

I also adjusted step based on ADR. I grouped pairs into steps 250, 350, 450 and 550. I will do a followup post later with the group of pairs based on their behavior and results of countless tests. I activated the following cost averaging methods - Hybrid, Revolution and Xuicide.

To the best of my knowledge, these range of grid traders require 0.01 per $1500 per pair (with summstart) if you are on 1:200 leverage. Do the maths for lower or higher leverage. Anything lower than $1,500 puts the account at a high risk of margin call.

Its almost 1 month since i started a new account trading this way and i am able to sleep easy. DD never exceeded 5%. Ofcourse profit is not so great but thats fine by me.

My advise to traders here: with small account, yes you can use those big lots. However, as your account grows, your leverage will drop and you wont have the luxury of big lots. Take my advice with a pinch of salt. Its just based on my experience, you might find a better way to trade these beasts.

Cheers.

Hi bishopdotun, that is an interesting approach to trading Hybrid, can I ask are you using on M1 or M5 charts? Any specific pairs that you are using? I can't see any TE.

I look forward to your follow up post to get more insight.

I have also made some small adjustments and using a higher time delay, and step order which seems to be working well. I was also trading on M5 with higher time delay, and step order and have moved down to M1 but with the same M5 settings.

I think by increasing the time delay, and step order it helps to minimize the risk. Lower risk = lower profits, but I think long term sustainability is more important especially with a grid type EA.

4(ish) Hours left to pick your horse before all bets are closed!


You do NOT have to be a current member or have contributed to a charity to get into this horse race.

ALL ARE WELCOME!

--------------------------------------------------------------
I have just launched 5 new Test Accounts all based on the most up-to-date versions of what I am playing with.

Auto Stochs - Most recent version (not released yet) of the Stochastics Trader - working with M15 Trend and M5 No-Nedge and Stochastics Tap Out Logic.
Auto Magix - Most recent version (not released yet) of the Magix_Scalp Trader - working with the standard triggering and Tap Out Logic.
CoCo Magix - Magix Scalp Triggering (not released yet) using EURGBP filtering on 12 pairs - standard Magix Scalp Triggering with Tap Out Logic.
Magix Fixed Lot Auto - Most recent version (not released yet) of Magix_Scalp - working with the Magic 7 pairs, Tap Out Logic and using a Fixed Lot cost Averaging.
Buzzsaw Magix 7 - Working on a Homeostatic trend, Magic 7 pairs - Market Dynamic Exits.

Each of these has a starting balance of what I believe to be required for them to not only survive, but prosper in market.

According to the current market cycle, we should see 2 weeks of Absolute Market CHOP followed by a week that will completely crush Grid Trading EA's...I might be wrong on this one...summer session can be a bit of a See(C) You(U) Next(N) Tuesday(T)!

In any case...whether I am right or wrong, one of these accounts will come out as a leader. Leader in that it will either have the HIGHEST percentage gains for Next Week, or the Lowest Losses, or will just be the LAST ACCOUNT TO BLOW UP!!

So here's the dealio.

Place your Bet on the horse you think will win this race.

All it takes...just name the account you think will be the best and if you are correct, I will email you a (limited trial) of 'Bitch and a Buzzsaw', FREE!

I mean...really...If I release this motherfucker, it's most probably going to be for a charitable contribution anyways, but this gives you a 'Sneak-A-Peak' at how you can work with it.

Sound like fun??

If you have no idea...flip a coin...coins don't lie!
Take a Guess!!
Read some fucking Tea Leaves!!

Really...by simply taking a guess and posting your guess in thread, you have nothing to lose...

Oh yeah...only your first guess will count...must be in by NY Roll Over on Monday, August 27th!

My bets goes with Auto Stoch

My vote:

Auto Magix - Most recent version (not released yet) of the Magix_Scalp Trader - working with the standard triggering and Tap Out Logic

Just under the wire, dude!

lol

Nothing like waiting until the last minute, hey?

To Start off our Horse Race, it would appear that Buzzsaw has taken a lead.

Though certainly not the top earner, going off of a percentage, 2.3% gains is leading the pack.

I kinda figured this one would be the unsure bet, but if it can keep up like has over the last couple of weeks and because of the lowest starting balance...my money is on the Buzzsaw...

If nothing else...and if you have a lower starting balance, this one could prove to be the slow earner with a relatively safe trade ideal when is released.

Having gotten caught on a NN 2 sets of trades that reversed back into trend...

Auto Stochs Tapped out with a little loss.

Could have been a little better, but if you've seen how bad this can get, you can appreciate a small hit on the account vs the prickly armpit feeling and growing despair of a increasing DD.

This was Tap Out logic 1 that killed the trades...still have to see the second Tap Out Logic tested.

Overall...not happy with any loss, but happy with the functionality!

damn my auto stochs is the loser (so far), hopefully getting some good number this week.

The week is still young and lots of time to make up a $25 loss...

Given the wild spread at Daily Roll Over, if you look at where the Auto Tap Out was activated, it was literally the best possible spot it could have taken before price started to move away again.



See...here's the thing...whether you are one of the horse race winners or not, you can get a sense that what we will be working with as the next release of these will be something that isn't going to crush an account in a single move.

There is a lot of silver lining in this first dark cloud.