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Hybrid Grid-Automated

  • #1,781
  • Nov 7, 2018 12:46pm Nov 7, 2018 12:46pm
Quoting mrdfx
{quote} I don't use the default settings, I've modified them to suit my trading. Note that these settings are quite aggressive compared to default, but still relatively safe being that it uses fixed lot. Some trades can hang for a while (during strong trends) before the EA cost averages them out so make sure you have enough margin to hold all the orders, at least $500 per pair. {image}
Ok soo you are using the same lotsize for every grid...Then it eventuallyhave too come down ore up too the first possision again if not too stay in endless drawdown...because the art of this EA is the way it takes out earlier possisions when having small pullbacks...Soo if a pair goes up 2000 pips even with pullbacks there will be possisions with high drawdowns not taken out if i am not totally wrong in what i am saying....But hey what doo i know..
You win some you loose some do both with peace of mind
  • #1,782
  • Nov 7, 2018 7:32pm Nov 7, 2018 7:32pm
Quoting magne999
{quote} Ok soo you are using the same lotsize for every grid...Then it eventuallyhave too come down ore up too the first possision again if not too stay in endless drawdown...because the art of this EA is the way it takes out earlier possisions when having small pullbacks...Soo if a pair goes up 2000 pips even with pullbacks there will be possisions with high drawdowns not taken out if i am not totally wrong in what i am saying....But hey what doo i know..
Hi Magne, no it wouldn't have to come back to the first position because the ea is making trades every time it gets further away from the first trade, so when there is a pullback it cost averages and although it might be just over half way back to the first trade it will close all orders in profit.
  • #1,783
  • Nov 8, 2018 2:06am Nov 8, 2018 2:06am
Quoting montego
{quote} Hi Magne, no it wouldn't have to come back to the first position because the ea is making trades every time it gets further away from the first trade, so when there is a pullback it cost averages and although it might be just over half way back to the first trade it will close all orders in profit.
No, magne999 is right in this case because he specifically said "fixed lot".
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,784
  • Nov 8, 2018 3:01am Nov 8, 2018 3:01am
Hi FXMadness...some weeks ago you have reported here about new grid filters in an upcoming EA version.

Any news about that project?
I never lose - either I win or I learn...
  • #1,785
  • Nov 8, 2018 3:55am Nov 8, 2018 3:55am
Quoting FxMadness
{quote} No, magne999 is right in this case because he specifically said "fixed lot".
HI FX, Sorry but i don't understand ? I know he said fixed lot, but he also said that the market would have to come back to the very first position ? surely thats not true even on fixed lot? for example the ea puts in 0.1 lot every 10 pips and moves 100 pips so thats ten positions opened at the 100 pip mark, the market then reverses 80 pips, surely the trade is in profit at this point as 7 trades would be in profit and 1 at brake even, and it has as not gone back to the first trade, or am i missing something ?
  • #1,786
  • Nov 8, 2018 4:13am Nov 8, 2018 4:13am
Quoting jdva
Hi FXMadness...some weeks ago you have reported here about new grid filters in an upcoming EA version. Any news about that project?
A whole bunch of bells and whistles have been added but the all need to be tested and that takes some time.
But it will come.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,787
  • Edited 5:56am Nov 8, 2018 5:13am | Edited 5:56am
Quoting montego
{quote} HI FX, Sorry but i don't understand ? I know he said fixed lot, but he also said that the market would have to come back to the very first position ? surely thats not true even on fixed lot? for example the ea puts in 0.1 lot every 10 pips and moves 100 pips so thats ten positions opened at the 100 pip mark, the market then reverses 80 pips, surely the trade is in profit at this point as 7 trades would be in profit and 1 at brake even, and it has as not gone back to the first trade, or am i missing something ?
If you have 10 positions open and market reverses so that you have 7 in profit and 1 at BE you still have 2 losing positions.

But why the big numbers
Price goes down first buy opened, price goes down 50 pips second trade opened, price goes down another 50 pips third opened then price goes reverse.
Loss at this point is 100 (1st) + 50 (2nd) = 150 pips so how much pips must that third trade make in total to BE ?
That will be 75 pips, i do agree it is not the full 100 but you do need a retrace of 75%.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,788
  • Nov 8, 2018 8:36am Nov 8, 2018 8:36am
Hello Traders,
You may please try GOLD as well. It is the best performing with Hybrid Sessions 1.c.
All parameters are same except MaxSpread = 60.
Cheers,
  • #1,789
  • Nov 8, 2018 10:36am Nov 8, 2018 10:36am
Quoting FxMadness
{quote} If you have 10 positions open and market reverses so that you have 7 in profit and 1 at BE you still have 2 losing positions. But why the big numbers Price goes down first buy opened, price goes down 50 pips second trade opened, price goes down another 50 pips third opened then price goes reverse. Loss at this point is 100 (1st) + 50 (2nd) = 150 pips so how much pips must that third trade make in total to BE ? That will be 75 pips, i do agree it is not the full 100 but you do need a retrace of 75%.
Yeah agreed that's basically what i was trying to say, you dont need 100% retrace about 75% will do it.
Trouble is if you use sum start you would need a big account, whats your opinion on that FX ? as i have read some of your posts and i agree it would recover quicker but as i said i suppose you would need a big account (more than £500 a pair) ?
  • #1,790
  • Nov 8, 2018 11:05am Nov 8, 2018 11:05am
Quoting montego
{quote} Yeah agreed that's basically what i was trying to say, you dont need 100% retrace about 75% will do it. Trouble is if you use sum start you would need a big account, whats your opinion on that FX ? as i have read some of your posts and i agree it would recover quicker but as i said i suppose you would need a big account (more than £500 a pair) ?
Use cent accounts if you deposit say 300 dollars in cent account you get 30000 units too trade and you use 0.05 lots as starting lots you get the same leverage as 0.01 in a 6000 account and can use 6-8 pairs depending on risk you want....
You win some you loose some do both with peace of mind
  • #1,791
  • Nov 8, 2018 11:37am Nov 8, 2018 11:37am
Quoting magne999
{quote} Use cent accounts if you deposit say 300 dollars in cent account you get 30000 units too trade and you use 0.05 lots as starting lots you get the same leverage as 0.01 in a 6000 account and can use 6-8 pairs depending on risk you want....
The cent accounts i know have a minimum of a minilot so 0.1.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,792
  • Nov 8, 2018 11:42am Nov 8, 2018 11:42am
Quoting montego
{quote} Yeah agreed that's basically what i was trying to say, you dont need 100% retrace about 75% will do it. Trouble is if you use sum start you would need a big account, whats your opinion on that FX ? as i have read some of your posts and i agree it would recover quicker but as i said i suppose you would need a big account (more than £500 a pair) ?
Do the same calculation on martingale * 3

0.01 * 100 pips = 100 pips
0.03 * 50 pips = 150 pips
0,09 (make up 250 pips = (250 / 9) = ~28 pips (%) retrace which is way more common than a 75%.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,794
  • Nov 10, 2018 5:49pm Nov 10, 2018 5:49pm
Apologies if this is too far off-topic, but I don't think it is.

I'm interested in automating some kind of higher-level executive control over all the Magix EAs. Maybe even any EA.

Here's what I mean. All grid-riders to some extent suffer from the same problem. They work great until there is an unusually long trend and then they fall off a cliff. We can see that happened with the adaptive hybrid when GBPJPY surged up for several days last week. It was making huge profits then a sudden dive.

So - how to avoid those dives? Well, we could try to tweak the EA's internal logic and everyone here is doing a bang-up job of that, thank you especially to Magix, obvi.

We could also try to have some external control over the EA.

This could be manual. So for example although I wasn't trading GBPJPY I was looking at EURJPY around the same time and I anticipated that after the 10.26 low the next peak would occur 17-20 days approx. after the previous peak which was 10.22. That gave me a target date to watch for the peak starting around 11.08 (since I include weekends in my estimates). It's still early but it looks like my estimate was good and so I'm short EURJPY now athough I don't expect that to last for more than a few days. If my adaptive hybrid was trading last week I would have kept it in long-only mode since I didn't expect a downturn before Friday. Then I could wake up Thursday night in the middle of the night or Friday morning, hopefully early but I'm a really lazy bastard, and turn the EA off or set it short only. I'd probably take some profit hit, at least a day's worth, because as I mentioned, I hate waking up.

This external control could also be automatic. All I need is something that says, hey, if price retraces more than X pips OR goes above/below N price level then set this EA that's currently running to be long only OR short only OR long & short OR disabled. Then I can enjoy my morning coffee, wank, shit, shower, watch funny or die, get the kids dressed for school, whatever, before I have to rush over to the computer (which I could leave asleep) and check on my bot.

I know, it's a little thing, and if I'm risking real ducats I should probably be more disciplined, but what can I say. Algo trading's main advantage is that it leaves you free to enjoy the little things in life.

I asked about how to go about doing this and I was told it's probably not possible in MQL but something similar could be done using template-swapping. So I guess you'd have one template that's long-only, one short-only, one long & short, and one disabled. Then the monitor EA would select the appropriate template to load/unload depending on the price conditions.

I'm more than happy to foot the bill to develop this, was wondering if anyone can spot some stumbling blocks with this and what I should tell my coding guy before getting started. I'm happy to share it and the source because I figure some great macro-systems could come out of it. Thanks for any feedback, in advance.
  • #1,795
  • Nov 11, 2018 2:39am Nov 11, 2018 2:39am
@clemmo17

Is already build, manual as well as automatic.
Will probably be in Magix next release.
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I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,796
  • Nov 11, 2018 2:42am Nov 11, 2018 2:42am
Really?! Are you sure? I don't recall seeing anything about it. Well...cool. Here's hoping. Cool! Cool cool cool.
  • #1,797
  • Nov 11, 2018 2:35pm Nov 11, 2018 2:35pm
Quoting mrdfx
{quote} I don't use the default settings, I've modified them to suit my trading. Note that these settings are quite aggressive compared to default, but still relatively safe being that it uses fixed lot. Some trades can hang for a while (during strong trends) before the EA cost averages them out so make sure you have enough margin to hold all the orders, at least $500 per pair. {image}
Are you rally using 0.05 lots on 500 pr pair i toght that was way too much,but if you have used that for 6 months i guess its not...
You win some you loose some do both with peace of mind
  • #1,798
  • Nov 11, 2018 2:38pm Nov 11, 2018 2:38pm
Quoting clemmo17
Apologies if this is too far off-topic, but I don't think it is. I'm interested in automating some kind of higher-level executive control over all the Magix EAs. Maybe even any EA. Here's what I mean. All grid-riders to some extent suffer from the same problem. They work great until there is an unusually long trend and then they fall off a cliff. We can see that happened with the adaptive hybrid when GBPJPY surged up for several days last week. It was making huge profits then a sudden dive. So - how to avoid those dives? Well, we could try to tweak...
And i have said it before and i will say it again GBP/JPY and EUR/NZD should not be used on grids because of their very long trends almost without pullbacks...Just avoid them even if they can make big profits when finally the trend change but you can never know when that happens..
You win some you loose some do both with peace of mind
  • #1,799
  • Nov 14, 2018 6:44pm Nov 14, 2018 6:44pm
Quoting FxMadness
@clemmo17 Is already build, manual as well as automatic. Will probably be in Magix next release. {image}
This looks awesome Fx, exciting Times
  • #1,800
  • Nov 15, 2018 6:20am Nov 15, 2018 6:20am
Guys Anyone using Hybrid manual ? I still do with step order 50 , timer 300, this was a cable trade that went wrong on my live account and was negative for -250 pips, so dropped Hybrid Manual on the 5 min chart and went to bed, woke up and hybrid and tuned it around from -250 to + 250 Cheers Magix
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