Hybrid Grid-Automated | Page 91 | 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

  • #1,801
  • Nov 15, 2018 8:34am Nov 15, 2018 8:34am
Quoting montego
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 {image}
Yes I still the Hybrid Manual Start v1.1 for manual trades sometimes.

If I open an order manually and it starts going into loss I'll load the EA set it up and let it close out the trade in profit.

It works very well as a safety net to turn a losing trade into a winning trade or minimum BE, as long as you have enough margin to hold all the orders the EA will open to save your original trade.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,802
  • Nov 15, 2018 11:03am Nov 15, 2018 11:03am
Quoting mrdfx
{quote} Yes I still the Hybrid Manual Start v1.1 for manual trades sometimes. If I open an order manually and it starts going into loss I'll load the EA set it up and let it close out the trade in profit. It works very well as a safety net to turn a losing trade into a winning trade or minimum BE, as long as you have enough margin to hold all the orders the EA will open to save your original trade.
This Hybrid manual was posted at the beginning of this thread or in another one?
  • #1,803
  • Edited 4:18pm Nov 15, 2018 11:56am | Edited 4:18pm
Hi Guys!

Thought I would post an update on my Hybrid 1 c trading.

The account I have been posting about the most hit 101% today - after 6/7 weeks trading. I upped the lot size from 0.03 to 0.04 at the end of last month having returned about 30%.

There have been 2 scares on this account:

1. 40% DD with mainly E/A a few weeks ago. A solution to this would be not to trade E/A pair - it has caused scares before. However it is also one of my
most profitable pairs so I have left it on the EA.

2. This Monday E/U ran to 50% DD . This was the result of leaving some E/U positions open over the
weekend instead of closing out on Friday. I closed these trades on Friday on another account and took about a 2% loss, but missed the huge DD. This dip lasted until Tuesday evening and fully recovered by Wednesday morning.

So a good result but with 2 (that I saw) scary moments of DD.

Whilst I have given some reasons above, the truth is that this is a counter trend system, there will be times of big dips and you have to make sure you either cut with a manageable loss or have the margin available to keep trading.

Sometimes the big dips deliver big profits when they turn, sometimes they don’t. The 50% dip I had in the E/U only returned about 5% when it turned - a good amount but maybe not worth the stress of a 50% dip.

I might change from sum to fixed lots. 101% in 7 weeks is fantastic but 2 occasions of high DD is a bit scary and I want to find settings that are consistently profitable with manageable drawdown.

Thanks Magix again - great EA. Green pips to all!
Attached Image (click to enlarge)
Click to Enlarge Name: 78D02B85-4A97-43D9-8B2F-6957FB8B22E7.png Size: 386 KB
  • #1,804
  • Nov 15, 2018 1:56pm Nov 15, 2018 1:56pm
I had a private message about my Settings on Hybrid Manual start, here you go everyone, here they are test on demo first so you get a feel for how they work, cheers.
EDIT : 5 Min chart only .
Attached Image
  • #1,805
  • Nov 15, 2018 2:17pm Nov 15, 2018 2:17pm
Quoting flylohudmo
Hi Guys! Thought I would post an update on my Hybrid 1 c trading. The account I have been posting about the most hit 101% today - after 6/7 weeks trading. I upped the lot size from 0.03 to 0.04 at the end of last month having returned about 30%. There have been 2 scares on this account: 1. 40% DD with mainly E/A a few weeks ago. A solution to this would be not to trade E/A pair - it has caused scares before. However it is also one of my most profitable pairs so I have left it on the EA. 2. This Monday E/U ran to 50% DD . This was the...
Hi Flylohudmo, could you share the pairs and settings? Also, did you started trading on .03 lots or .01?
  • #1,806
  • Edited 5:57pm Nov 15, 2018 4:01pm | Edited 5:57pm
Quoting halvarado89
{quote} Hi Flylohudmo, could you share the pairs and settings? Also, did you started trading on .03 lots or .01?
Hi halvarado89,

Sure. I started with 0.03 Sum on a little over £10,000, changed up to 0.04 when I hit about 14k.

Settings are as default with some differences:

Time delay: 120
Step: 20
Daily Range: 900
Time: 13:00 - 23:50 (NY)
Magix scalp: true
MACD: 20
Hybridstart: true
TapOut: false
Xuicide: 0

Static Profit: 30.0 (for 0.03)

So basically just Hybrid start instead of Tap Out.

Pairs: AUDUSD, EURUSD, AUDJPY, EURJPY, EURAUD, GBPUSD are the main pairs I trade. I also ‘on and off’ trade EURGBP, GBPAUD, and GBPJPY, but don’t
like to be over-exposed to a currency, especially the £ in Brexit times.


On that note - to all - be cautious with £ pairs, real tricky times coming over here in the U.K. as the Prime Minister is currently trying to get through a Brexit deal that not very many people are in favour of.

Cheers,

Fly
  • #1,807
  • Nov 16, 2018 6:55am Nov 16, 2018 6:55am
Quoting montego
I had a private message about my Settings on Hybrid Manual start, here you go everyone, here they are test on demo first so you get a feel for how they work, cheers. EDIT : 5 Min chart only . {image}
Yup the same settings which I use for Hybrid manual.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,808
  • Nov 16, 2018 6:58am Nov 16, 2018 6:58am
Quoting halvarado89
{quote} This Hybrid manual was posted at the beginning of this thread or in another one?
Magix shared it to us a while back when v1.2 was released.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,809
  • Nov 16, 2018 7:03am Nov 16, 2018 7:03am
Quoting flylohudmo
{quote} Hi halvarado89, Sure. I started with 0.03 Sum on a little over £10,000, changed up to 0.04 when I hit about 14k. Settings are as default with some differences: Time delay: 120 Step: 20 Daily Range: 900 Time: 13:00 - 23:50 (NY) Magix scalp: true MACD: 20 Hybridstart: true TapOut: false Xuicide: 0 Static Profit: 30.0 (for 0.03) So basically just Hybrid start instead of Tap Out. Pairs: AUDUSD, EURUSD, AUDJPY, EURJPY, EURAUD, GBPUSD are the main pairs I trade. I also ‘on and off’ trade EURGBP, GBPAUD, and GBPJPY, but don’t like to be over-exposed...
To help spread the risk and reduce DD, you could increase the time delay and step, this will help to spread out the grid as trades are added. Personally I use a 300 time delay (5 mins) and a 50-100 step.

You have a pretty good balance set of pairs which I think is very important for this EA to not have some currencies overexposed. I trade with an equal balance of pairs and its worked great so far.

Another set of pairs I'm thinking of trying is EURUSD, USDJPY, EURJPY, USDCAD, EURCAD, CADJPY, but personally 6 pairs is a lot of exposure unless you have a good balance to hold all them. I will probably test first and see before going live.
Truth is like poetry. And most people f*cking hate poetry.
  • #1,810
  • Nov 18, 2018 5:15pm Nov 18, 2018 5:15pm
Quoting mrdfx
{quote} To help spread the risk and reduce DD, you could increase the time delay and step, this will help to spread out the grid as trades are added. Personally I use a 300 time delay (5 mins) and a 50-100 step. You have a pretty good balance set of pairs which I think is very important for this EA to not have some currencies overexposed. I trade with an equal balance of pairs and its worked great so far. Another set of pairs I'm thinking of trying is EURUSD, USDJPY, EURJPY, USDCAD, EURCAD, CADJPY, but personally 6 pairs is a lot of exposure unless...
Hi MRDFX,

Yes that might also be an option. I am going to keep the same settings on that account, upping the lot size every £5,000 or so. I have set up a separate account which will be running the same settings on 10k with 0.03 but on fixed to see what the Profit : Drawdown ratio looks like over time.

I like the idea of expanding into other currencies. I got burnt a couple of weeks ago when I set up a demo account running on the Stochs5NN M1 with 28 pairs (as the Magix TE) but unfortunately entered right before the NZD/CHF spike and blew the account. Mostly unfortunate, but I do worry about having so many currencies on the go, especially more unconventional major pairings such as NZD and CHF. Maybe they require different settings like the ones you are suggesting. I'm all up for testing!

Fly
  • #1,811
  • Nov 21, 2018 4:56pm Nov 21, 2018 4:56pm
Hi guys,

Just an update on a pair change I have made on my hybrid stuff. I took off GBP/USD and subbed in USD/CAD. Looks like brexit stuff might be coming to a point of difficulty in the coming weeks. I don’t want to cause alarm, might be nothing, but there could be all manner of things installed including EU member states like France and Spain voting down the deal, PM being forced to resign and snap elections, etc or maybe nothing . I just thought it is probably safest to completely take out all GBP pairs from trading at the moment, maybe for the rest of the year or at least until this has calmed down a bit. Also provides a good opportunity to see what CAD pairs are like under the settings I use.

Fly
  • #1,812
  • Nov 22, 2018 2:37am Nov 22, 2018 2:37am
Quoting flylohudmo
Hi guys, Just an update on a pair change I have made on my hybrid stuff. I took off GBP/USD and subbed in USD/CAD. Looks like brexit stuff might be coming to a point of difficulty in the coming weeks. I don’t want to cause alarm, might be nothing, but there could be all manner of things installed including EU member states like France and Spain voting down the deal, PM being forced to resign and snap elections, etc or maybe nothing . I just thought it is probably safest to completely take out all GBP pairs from trading at the moment, maybe...
Very wise. Are you running EUR/USD ? I expect dollar pairs to have less volatility than sterling pairs, with euro having some but not a huge effect.

I am currently running EUR/USD on M5
Hybrid start on
Step 75
Delay 300
Fixed lot 0.01
Static profit 10.0

£500 deposit. This is reflecting a more realistic approach to how I intend to invest. My pair selection can change and is something I will be monitoring forums for ideas. This is a conservative strategy for long term growth.
  • #1,813
  • Nov 22, 2018 7:48am Nov 22, 2018 7:48am
Quoting johnsmith2nd
{quote} Very wise. Are you running EUR/USD ? I expect dollar pairs to have less volatility than sterling pairs, with euro having some but not a huge effect. I am currently running EUR/USD on M5 Hybrid start on Step 75 Delay 300 Fixed lot 0.01 Static profit 10.0 £500 deposit. This is reflecting a more realistic approach to how I intend to invest. My pair selection can change and is something I will be monitoring forums for ideas. This is a conservative strategy for long term growth.
Hi john,

I am running EUR/USD - its a nice currency pair. Generally a low DD and nice return - I have seen a 10% growth from this pair over the past 7 weeks. Having said that, it was the cause of a huge DD dip last week - which was probably my fault for leaving positions on it open over the weekend. I also think the E/U will be less effected by Brexit news than GBP pairs. Are you only trading this pair?

Long term growth is the key to success with this. 100% a month or 2 months is very very tempting, but let's face it - it sounds too good to be true right? So it probably is and is probably not sustainable. There is nothing wrong with being conservative. Most traders will give their left nut for 30% a month, 20%, 10%, even 5%. I personally believe this EA has the ability to achieve those results relatively comfortably. I love hybrid,but it needs to be treated with respect or it can be ruthless. I got burnt by the NZD/CHF spike with a different account based on Majix's stochs TE - trading pairs I don't have experience of, over leveraging etc.

I think your right to test how you intend to trade live. Guys like to stress test things, and I get that and do it myself, but at the end of the day, we are here to make money, so you might as well have a demo account set up to trade the way you intend to trade live.
  • #1,814
  • Edited 9:51am Nov 22, 2018 9:09am | Edited 9:51am
Quoting flylohudmo
Hi guys, Just an update on a pair change I have made on my hybrid stuff. I took off GBP/USD and subbed in USD/CAD. Looks like brexit stuff might be coming to a point of difficulty in the coming weeks. I don’t want to cause alarm, might be nothing, but there could be all manner of things installed including EU member states like France and Spain voting down the deal, PM being forced to resign and snap elections, etc or maybe nothing . I just thought it is probably safest to completely take out all GBP pairs from trading at the moment, maybe...
Good advise.
But also, close all trades tonight and just do not trade for the next 4 days.
No point, to much risk.

Go out and have an English breakfast early and eat a turkey meal in the evening.
That should say enough.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,815
  • Nov 22, 2018 1:40pm Nov 22, 2018 1:40pm
Quoting FxMadness
{quote} Good advise. But also, close all trades tonight and just do not trade for the next 4 days. No point, to much risk. Go out and have an English breakfast early and eat a turkey meal in the evening. That should say enough.

Agreed. I have taken all trading off until Monday with Thanksgiving in the US today as well as brexit stuff over the weekend. Luckily there was a point today when the EA had no trades open so I turned it off.
  • #1,816
  • Nov 23, 2018 9:53am Nov 23, 2018 9:53am
Quoting flylohudmo
{quote} Hi john, I am running EUR/USD - its a nice currency pair. Generally a low DD and nice return - I have seen a 10% growth from this pair over the past 7 weeks. Having said that, it was the cause of a huge DD dip last week - which was probably my fault for leaving positions on it open over the weekend. I also think the E/U will be less effected by Brexit news than GBP pairs. Are you only trading this pair? Long term growth is the key to success with this. 100% a month or 2 months is very very tempting, but let's face it - it sounds too good...
Thanks for the response. I am only running this pair for time being. I want to analyse some of my settings, step,time delay, time of trades. I will probably stick to one pair per £500 in the account as a conservative plan. Obviously flexible but depends a bit on the results.
  • #1,817
  • Dec 4, 2018 6:47am Dec 4, 2018 6:47am
Quoting tumjiradet
Hi, I saw a bit bug during back test. A lot of open order with high frequency in a few of minute. But close with loss. Is it affect during we run with real time? I run on M5, time delay 600, Stochs5Trend = true. another are default. {image}

Quoting Magix
{quote} This might be Tapout Tripping over it's nuts. Set TapOut=False and try...shouldn't get the same things... Definitely need to work on this! Thanks for the report!!
Hi Guys,
I seem to be getting the same bug where a lot of open orders with high frequency are closing in a loss. Has there been any fix for this or do you have to disable tap out which is really defeating the auto fail safe mechanism...
"All good things to those who wait"
  • #1,818
  • Dec 4, 2018 7:42am Dec 4, 2018 7:42am
hi guys

quick update

still running original stochs2 settings applied to hybrid c. summ lot. trading mondays and looking to close out monday night onwards as always

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 63 KB


Return since 27/8/18

hope you're well magix and all of you of course
  • #1,819
  • Dec 5, 2018 9:12am Dec 5, 2018 9:12am
Quoting bgntrs
hi guys quick update still running original stochs2 settings applied to hybrid c. summ lot. trading mondays and looking to close out monday night onwards as always {image} Return since 27/8/18 hope you're well magix and all of you of course
Well done.

27 pairs ? and probably going to drop audchf too ?
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #1,820
  • Dec 5, 2018 11:41am Dec 5, 2018 11:41am
Quoting bgntrs
hi guys quick update still running original stochs2 settings applied to hybrid c. summ lot. trading mondays and looking to close out monday night onwards as always {image} Return since 27/8/18 hope you're well magix and all of you of course
Just to confirm. You start EA Monday morning and close all trades at the end of the day and that's you done for the week?
1 trader viewing now