Hybrid Grid-Automated | Page 88 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Automated or semi automated trading? 3 replies

Hybrid/Grid 1 reply

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Automated Grid Trading 14 replies

Hybrid Grid System that seems to work 3 replies

Attachments: Hybrid Grid-Automated
Exit Attachments

Hybrid Grid-Automated

  • #1,741
  • Oct 26, 2018 1:40am Oct 26, 2018 1:40am
HI

Hows everyone getting on? Because I didn`t have the balls to take a small loss has now ended up in a much worse position due to the strong down trend on GBP/USD RIP my little live account. Been doing a lot of back testing and playing with the setting but somehow always come back to HMRC 1.2 on standard setting with the though that you just have to draw the line in the sand and take your losses early now and again and you will eventually still be ahead going forward.

Anyone found good settings for either HMRC 1.2 or Hybrid 1C low DD?

Cheers
  • #1,742
  • Oct 26, 2018 10:31am Oct 26, 2018 10:31am
One thing over the many months of trading grid EA's is learning their strengths and weaknesses, and one major weakness of grid EA's is strong trending pairs.

If/when a pair starts trending strong and the EA starts opening counter trend orders, the grid can start adding up fast and so too can the DD, and if your account does not have enough margin or you are using some sort of martingale lot sizing, your account will blow.

This is the case of most grid EA's and in times like these its always interesting to see how grid EA's can get themselves out of a hole, and recover.

Now... I will say out of all the grid EA's I know, Hybrid is probably one of the best out there. It always amazes me how Hybrid manages to come back and recover. Ok sometimes depending on the pair and trend it can take a few days to a few weeks, but leave it alone to do it thing and it will come back.

This week has been interesting with many pairs trending strongly the whole week over 200-300 pips, and with Hybrid getting caught in the move.

I'll be watching closely next week to see how Hybrid manages to bring back the DD and close in profit as it always does.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Hybrid v1.2.png Size: 318 KB
Click to Enlarge Name: Hybrid M5.png Size: 340 KB
Click to Enlarge Name: Stochs.png Size: 292 KB
Click to Enlarge Name: Stochss.png Size: 301 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #1,743
  • Oct 26, 2018 11:12am Oct 26, 2018 11:12am
I think it is very difficult if not impossible to be profitable using fixed lot selection on this kind of EAs...IMHO!

You must have very much patience and lots of staying power in order to survive the drawdowns...unfortunately the average trader doesn't have these qualities.

Hopefully Magix is well und he will come back soon!


Happy weekend to all...

jdva
I never lose - either I win or I learn...
  • #1,744
  • Oct 26, 2018 12:18pm Oct 26, 2018 12:18pm
Quoting jdva
I think it is very difficult if not impossible to be profitable using fixed lot selection on this kind of EAs...IMHO! You must have very much patience and lots of staying power in order to survive the drawdowns...unfortunately the average trader doesn't have these qualities. Hopefully Magix is well und he will come back soon! Happy weekend to all... jdva
I disagree, it certainly is possible.

Yes you need to have patience, but isn't that one of the biggest things of Forex trading, to have patience? If someone doesn't have patience they should not be trading.

These accounts are using fixed lot, and I only use fixed lot on my live account. (which I'll share an update next week)

They both holding some DD currently, but as they have done before, they will recover.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-10-26 at 14.12.48.png Size: 190 KB
Click to Enlarge Name: Screen Shot 2018-10-26 at 14.13.04.png Size: 198 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #1,745
  • Oct 26, 2018 5:04pm Oct 26, 2018 5:04pm
Well here is my opinion so far using demo accounts:

I have 4 different accounts running this EA (1.c):

  1. Stochs5NN M1-26 pairs - 1K as the name says, it started with 1K trading 26 pairs, I got a few margin calls (the first week) but the account did not explode.
  2. After seeing the behavior of the previous account, I set up two more with 3K and 5K
  3. Three days ago I started a new account with 5k

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB


Something that surprised me of this EA was the ability to fight a 100 - 300 pips DD

So far I think that the best balance to start is 5K, the 3K account did not take some trades because it was fighting the DD.

You can see the updates of this EAs in my profile, and I will set a new 1K account on Monday just for the lols

I think that I will keep setting up 5K demo accounts for a few weeks to validate the behavior before I invest in a real one.

Will keep you guys updated!

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 84 KB
  • #1,746
  • Oct 27, 2018 1:38am Oct 27, 2018 1:38am
Quoting halvarado89
Well here is my opinion so far using demo accounts: I have 4 different accounts running this EA (1.c): Stochs5NN M1-26 pairs - 1K as the name says, it started with 1K trading 26 pairs, I got a few margin calls (the first week) but the account did not explode. After seeing the behavior of the previous account, I set up two more with 3K and 5K Three days ago I started a new account with 5k {image} Something that surprised me of this EA was the ability to fight a 100 - 300 pips DD So far I think that the best balance to start is 5K, the 3K account...
Thanks for the extensive report.
Just wondering what two pairs you are not trading and why ?
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,747
  • Edited 5:03am Oct 27, 2018 2:19am | Edited 5:03am
Quoting mrdfx
{quote} I disagree, it certainly is possible. Yes you need to have patience, but isn't that one of the biggest things of Forex trading, to have patience? If someone doesn't have patience they should not be trading. These accounts are using fixed lot, and I only use fixed lot on my live account. (which I'll share an update next week) They both holding some DD currently, but as they have done before, they will recover. {image} {image}
I do have very much respect for any trader who is able to carry on losing positions of several thousand pips and/or about 30% floating account DD over several days and maybe weeks (of course including weekends) on hoping they will recover at some time...and nevertheless does sleeping well.

Since I lost $6000 over a weekend many years ago still trading stock index futures at that time, I'm a burnt child and therefore now make every efforts to go flat into the weekends no matter whether on demo or real...especially during these turbulent current times (Trump, Brexit, Italexit, Central-Banks etc.).
I never lose - either I win or I learn...
  • #1,748
  • Oct 27, 2018 3:48am Oct 27, 2018 3:48am
Quoting jdva
{quote} I do have very much respect for any trader who is able to carry on losing positions of several thousand pips and/or about 30% floating account DD over several days and maybe weeks (of course including weekends) on hoping they will recover at some time...and nevertheless do sleeping well. Since I lost $6000 over a weekend many years ago still trading stock index futures at that time, I'm a burnt child and therefore now make every efforts to go flat into the weekends no matter whether on demo or real...especially during these turbulent current...
Are you prepared to even close losing trades before the weekend ?
Because that could be build into the session management of course.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,749
  • Edited 5:11am Oct 27, 2018 4:49am | Edited 5:11am
Quoting FxMadness
{quote} Are you prepared to even close losing trades before the weekend ? Because that could be build into the session management of course.
Yep...I already reduce trading on Fridays and do additionally use a separate Equity Monitor EA for closing the entire account... preferably on profit of course...!
I never lose - either I win or I learn...
  • #1,750
  • Edited 6:53am Oct 27, 2018 6:35am | Edited 6:53am
Hi Guys!

Yes, it was a tough week for counter-trend trading.

My demo account (the one that I have posted about for the last 3 weeks) survived after getting caught up in trending AUD pairs. It's now stood at 40% growth for 4 weeks. This week the DD got to around 40% of the original deposit (about £4,000). I use Summ lot. I let this account be and trade all days. Currently it is holding a 0.7% (£111) DD spread over GBPUSD and EURGBP, with GBPUSD holding the majority.

I set up another account a couple of weeks ago, and it is also still OK after experiencing quite a ride this week - now stands at about 12% growth for the week, but similar DD levels as above. I didn't get caught up in the GBPUSD trend because I have reduced my GBP exposure quite a bit on this account and so simply wasn't trading that pair this week. I also use Summ lot on this. EURAUD was the real sweat inducer this week, on both accounts. This account actually closed all positions by Thursday night, and I turned off auto trading for Friday. Like others, ideally I would like to close out all trades on a live account by end of play on Friday.

So Summ start on my 2 accounts has recovered quickly after quite a showdown, but that level of DD was a bit hairy!!!
  • #1,751
  • Oct 27, 2018 6:58am Oct 27, 2018 6:58am
Quoting mrdfx
{quote} I disagree, it certainly is possible. Yes you need to have patience, but isn't that one of the biggest things of Forex trading, to have patience? If someone doesn't have patience they should not be trading. These accounts are using fixed lot, and I only use fixed lot on my live account. (which I'll share an update next week) They both holding some DD currently, but as they have done before, they will recover. {image} {image}

Hi MRDFX,

Great results from those 2 EAs. Is that the RMHC Hybrid 1.2? Still on default settings?

How long have those EAs been working?

Have you been able to replicate the settings on the new EA?

Cheers
  • #1,752
  • Oct 27, 2018 2:25pm Oct 27, 2018 2:25pm
Quoting flylohudmo
{quote} Hi MRDFX, Great results from those 2 EAs. Is that the RMHC Hybrid 1.2? Still on default settings? How long have those EAs been working? Have you been able to replicate the settings on the new EA? Cheers
Yes using Hybrid 1.2 running for nearly 6 months (164 days) uninterrupted. I use 300 sec delay and 50 step on M1 to help spread the grid which seems to work well.

I do use a similar approach on Hybrid 1.c.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,753
  • Oct 27, 2018 2:47pm Oct 27, 2018 2:47pm
Quoting mrdfx
{quote} Yes using Hybrid 1.2 running for nearly 6 months (164 days) uninterrupted. I use 300 sec delay and 50 step on M1 to help spread the grid which seems to work well. I do use a similar approach on Hybrid 1.c.
Thanks. Good to hear the faith in hybrid isn’t unfounded
  • #1,754
  • Oct 27, 2018 3:06pm Oct 27, 2018 3:06pm
Quoting FxMadness
{quote} Thanks for the extensive report. Just wondering what two pairs you are not trading and why?
Well, I don't really know which pairs I am not trading.
When I started my accounts I based the set files and pairs from the one of Magix profile, and at that time there were only 26 pairs out of the 28 (2 pairs without trades in two weeks).
In the beginning, I wanted to ask which other two pairs I was not trading but after looking at the results I thought that it was not really important.

With 26 pairs I think that it is more than enough.
  • #1,755
  • Oct 27, 2018 3:19pm Oct 27, 2018 3:19pm
Quoting jdva
{quote} I do have very much respect for any trader who is able to carry on losing positions of several thousand pips and/or about 30% floating account DD over several days and maybe weeks (of course including weekends) on hoping they will recover at some time...and nevertheless does sleeping well. Since I lost $6000 over a weekend many years ago still trading stock index futures at that time, I'm a burnt child and therefore now make every efforts to go flat into the weekends no matter whether on demo or real...especially during these turbulent current...
I guess I must be a different kind of trader, I can stare at 50% DD on my live account and I have no emotions of panic or fear.

I remember losing $5k in 1 day ouch.. I've had times when my account was close to margin call, and I could still sleep at night.

Trading psychology is a very important aspect of trading, and managing fear, greed, etc is vital to your success as a forex trader.

For me forex is a business and I treat it as such, and I understand that just as in business you can have losses, and need to accept them when they happen. I also know that without risk there is no reward, and risk goes hand in hand with reward so the higher the risk the higher the reward, and finding the right balance in between is the key.

I don't like to see 50-70% DD, but if it is I don't let it affect my mindset and thought process of trading. Of course I do have measures in place to protect my account from margin call just in worst case, but I think as a trader you need to get comfortable with having DD and learn how to accept it and manage it especially when it comes to grid trading EA's.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,756
  • Oct 27, 2018 8:31pm Oct 27, 2018 8:31pm
Quoting mrdfx
{quote} Yes using Hybrid 1.2 running for nearly 6 months (164 days) uninterrupted. I use 300 sec delay and 50 step on M1 to help spread the grid which seems to work well. I do use a similar approach on Hybrid 1.c.
mrdfx, is it correct that you have to be a member of this group to receive copy of Hybrid?....
  • #1,757
  • Oct 28, 2018 3:14am Oct 28, 2018 3:14am
Quoting mrdfx
{quote} I guess I must be a different kind of trader, I can stare at 50% DD on my live account and I have no emotions of panic or fear. I remember losing $5k in 1 day ouch.. I've had times when my account was close to margin call, and I could still sleep at night. Trading psychology is a very important aspect of trading, and managing fear, greed, etc is vital to your success as a forex trader. For me forex is a business and I treat it as such, and I understand that just as in business you can have losses, and need to accept them when they happen....
very well said, my friend...but not easy to put everything into effect, my conclusion "NO GAIN WITHOUT PAIN"!

Happy trading, jdva
I never lose - either I win or I learn...
  • #1,758
  • Oct 28, 2018 11:17am Oct 28, 2018 11:17am
Quoting Johannes7
{quote} mrdfx, is it correct that you have to be a member of this group to receive copy of Hybrid?....
To be apart of the thread you needed to make a $50 donation to RMHC charity, however I don't think Magix is still accepting members according to post 1.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,759
  • Edited 9:40am Oct 31, 2018 8:53am | Edited 9:40am
Well its the end of the month and I must say its been a good one again thanks to Hybrid.

+$2k on my live account and made with no effort from my side only Hybrid working its magic.

5 pairs, M1 chart, fixed lot.

Lets see what next month brings!

EDIT: Ok with full disclosure the pic below does not show the actual DD achieved during the month using the EA. The highest DD I had during this month from the EA was around 30%, currently DD is around 12% which is very manageable for me.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2018-10-31 at 10.34.25.png Size: 44 KB
Truth is like poetry. And most people f*cking hate poetry.
  • #1,760
  • Oct 31, 2018 9:05am Oct 31, 2018 9:05am
Hi MRDFX

IS that with HMRC 1.2 standard settings or are on time delay 300 and step 50 as previously mentioned?

Cheers
0 traders viewing now