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Simply "grid" system, no hedge, no martingale

  • #1
  • First Post: Mar 25, 2019 1:36pm Mar 25, 2019 1:36pm
Hi,
I developed this simply EA, would you like to help me in backtesting?
It simply identifies a peak in the last n bars, and open several stop orders at certain distance only in direction of peak, using a trailing a stop with the same distance in pips.
Something like a grid, but not properly a grid (no hedge)
Just a moving average to filter signals.
No martingale and little drawdown. Fixed lots.
I tried it with 30min on EURUSD for the whole 2017 with default parameters, spread fixed to 2, and it seems good.
Bad, instead, with other pairs for now.
What do you think about it?
Soon I'll explain parameters.

Thanks, see
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 18 KB

Attached File(s)
File Type: ex4 vincere_v002.ex4   29 KB | 2,197 downloads
  • #2
  • Edited 9:18pm Mar 25, 2019 8:37pm | Edited 9:18pm
Quoting pipartisan
Hi, I developed this simply EA, would you like to help me in backtesting? It simply identifies a peak in the last n bars, and open several stop orders at certain distance only in direction of peak, using a trailing a stop with the same distance in pips. Something like a grid, but not properly a grid (no hedge) Just a moving average to filter signals. No martingale and little drawdown. Fixed lots. I tried it with 30min on EURUSD for the whole 2017 with default parameters, spread fixed to 2, and it seems good. Bad, instead, with other pairs for now....
Dear papartisan,

Well done on making the EA

I may not be able to help you backtest, but maybe I can assist with some considerations you may want to think about.
EA Development
-What is the goal of the EA? - You mentioned no hedge, no martingale and little draw down. So, is the goal a steady consistent EA that is relatively safe to run?
-What is the comparative benchmark for the EA? - Will it be 2x treasury bonds %? 2x Bank saving account rate? 1/2 of manual trading returns rate? etc..
-What are the costs involved to then run it? - power, VPN? -In my humble opinion, the EA should cover all costs and still generate profits.
-Can it survive in unusually volatile times? - Test periods where price suddenly crashed, or trending in one direction very strongly.

There area few I hope should help you. Final note, be careful with mt4 trailing stops as they do average the prices.

Kind Regards,
Tzamo
"Work hard, put in the effort, and follow your dreams..." -Me
  • #3
  • Mar 25, 2019 9:09pm Mar 25, 2019 9:09pm
Quoting pipartisan
Hi, I developed this simply EA, would you like to help me in backtesting? It simply identifies a peak in the last n bars, and open several stop orders at certain distance only in direction of peak, using a trailing a stop with the same distance in pips. Something like a grid, but not properly a grid (no hedge) Just a moving average to filter signals. No martingale and little drawdown. Fixed lots. I tried it with 30min on EURUSD for the whole 2017 with default parameters, spread fixed to 2, and it seems good. Bad, instead, with other pairs for now....

Could you post a chart to show what you are talking about?
  • #4
  • Mar 26, 2019 4:40am Mar 26, 2019 4:40am
bt 1 year 2015-2016 is Amazing
Attached Image (click to enlarge)
Click to Enlarge Name: Simply grid.PNG Size: 62 KB
  • #5
  • Mar 26, 2019 4:03pm Mar 26, 2019 4:03pm
can't get it to work, it tells me this:
2019.03.26 22: 00: 43.228 win_v002 EURUSD, M5: Alert: Magic number changed! Any orders previously opened by this expert advisor will no longer be handled!
  • #6
  • Mar 27, 2019 12:17am Mar 27, 2019 12:17am
Hello Pipartisan,

Thank you for starting this thread. I was wondering if you could explain the rules of this method so it could be run manually? I would like to go through the charts and look at random entry points to see how the strategy fares against all market conditions.

I also prefer to trade manually whenever possible to know exactly when trades are entered and that there are no errors or malfunctions.

Looking forward to your explanation of the method. Looks promising.

Thanks,

dabeach
  • #7
  • Feb 22, 2021 6:55am Feb 22, 2021 6:55am
Hello,
is it possible to get this EA?
  • #8
  • Feb 22, 2021 11:27am Feb 22, 2021 11:27am
Quoting pipartisan
Hi, I developed this simply EA, would you like to help me in backtesting? It simply identifies a peak in the last n bars, and open several stop orders at certain distance only in direction of peak, using a trailing a stop with the same distance in pips. Something like a grid, but not properly a grid (no hedge) Just a moving average to filter signals. No martingale and little drawdown. Fixed lots. I tried it with 30min on EURUSD for the whole 2017 with default parameters, spread fixed to 2, and it seems good. Bad, instead, with other pairs for now....
Does EA expire after free testing?
Please excuse the bad English via Google Translate.
  • #9
  • Feb 22, 2021 12:45pm Feb 22, 2021 12:45pm
i think it's attached to the first post

blam

Quoting Ondrejj
Hello, is it possible to get this EA?
  • #10
  • Last Post: Mar 3, 2021 10:51am Mar 3, 2021 10:51am
I have downloaded that up there, but it is expired
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