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  • #681
  • May 23, 2019 11:11am May 23, 2019 11:11am
Quoting alphadude
{quote} PowerMoon sounds like a previous FF user known to have the same behavior. i will let you guess who he was
Are you talking about the most experienced guy on forum, Dukastrader?
The biggest risk is not taking a risk.
  • #682
  • May 23, 2019 11:26am May 23, 2019 11:26am
Quoting ebeckers
{quote} Thx.. perhaps my question was wrong, since the ea i pointed out was just an example of another system. Not really interested in buying it, but i am interested to hear if people have been testing out different grid-trading systems either with ea's they bought or free ea's and what are good & bad points of the different grid trading systems Perhaps we can combine the good points of several system into 1 new grid trading system ?
The most successful grid EA that I've ever used and trust to trade live is Hybrid EA developed by Magix.

The thread is in the commercial section so I won't share the link but you can find it there. That EA uses a dynamic grid and has multiple trigger and cost averaging inputs.

I def think some of the logic from the Hybrid EA's could benefit this EA to make it safer.
Truth is like poetry. And most people f*cking hate poetry.
  • #683
  • May 23, 2019 11:56am May 23, 2019 11:56am
This Ea is starting to turn good winning trades for me. I like. Overall from inception, a winner. 283 pips up.

Cheers.
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Trade to trade another day
  • #684
  • May 23, 2019 12:11pm May 23, 2019 12:11pm
Quoting ebeckers
{quote} Thx.. perhaps my question was wrong, since the ea i pointed out was just an example of another system. Not really interested in buying it, but i am interested to hear if people have been testing out different grid-trading systems either with ea's they bought or free ea's and what are good & bad points of the different grid trading systems Perhaps we can combine the good points of several system into 1 new grid trading system ?
You could look into FXT-SPB3 over at

http://www.stevehopwoodforex.com/php...p?f=105&t=5598

It made 100,000 pips in 1 year with 22% dd (~ 2200 USD). Account though needs to be 10.000 I think.

It closes the grid for a symbol when an opposite signal has been generated.

The problem is of course with low leverage accounts.
  • #685
  • May 23, 2019 12:24pm May 23, 2019 12:24pm
Quoting chrisdk2017
{quote} You could look into FXT-SPB3 over at http://www.stevehopwoodforex.com/php...p?f=105&t=5598 It made 100,000 pips in 1 year with 22% dd (~ 2200 USD). Account though needs to be 10.000 I think. It closes the grid for a symbol when an opposite signal has been generated. The problem is of course with low leverage accounts.
Chris,

I know I am from there. A winning Ea for sure. The basic methodology is to trade small. Grids are usually set at 50 pips. Trading never is a one way route. What goes up must come down and vice versa.

My methodology is " Trade small, trade to trade another day".

Cheers
Trade to trade another day
  • #686
  • May 23, 2019 12:50pm May 23, 2019 12:50pm
Quoting PowerMoon
{quote} ... you can of course backtest luck strategies like martingale but the results are useless.
You don't know what you are talking about! I think you just like to talk about systems that are in drawdown to make yourself look intelligent. Here is a system that has been "backtested" and is using a martingale system now for 3 years and have been shown all this time. I've been watching this system since the end of 2016. It turned $2000 real money into $39052.71 so far.. that's +1852.64% return! with 21% drawdown https://www.myfxbook.com/members/fxc...harger/1744841
  • #687
  • May 23, 2019 1:02pm May 23, 2019 1:02pm
Quoting mrdfx
{quote} The most successful grid EA that I've ever used and trust to trade live is Hybrid EA developed by Magix. The thread is in the commercial section so I won't share the link but you can find it there. That EA uses a dynamic grid and has multiple trigger and cost averaging inputs. I def think some of the logic from the Hybrid EA's could benefit this EA to make it safer.
Yes there are several out there that are successful. I managed to figure out the strategy of one and coded into my own bot. It's been working great so far. What I like about the system is that it only takes time into consideration on trade entries and nothing else..it's really a neat strategy.
  • #688
  • May 23, 2019 1:18pm May 23, 2019 1:18pm
Quoting ebeckers
{quote} Thx.. perhaps my question was wrong, since the ea i pointed out was just an example of another system. Not really interested in buying it, but i am interested to hear if people have been testing out different grid-trading systems either with ea's they bought or free ea's and what are good & bad points of the different grid trading systems Perhaps we can combine the good points of several system into 1 new grid trading system ?

Quoting mrdfx
{quote} The most successful grid EA that I've ever used and trust to trade live is Hybrid EA developed by Magix. The thread is in the commercial section so I won't share the link but you can find it there. That EA uses a dynamic grid and has multiple trigger and cost averaging inputs. I def think some of the logic from the Hybrid EA's could benefit this EA to make it safer.
I can vouch for Magix's EA. I had tripled my money with Rev NN 1.2 until the flash crash earlier this year. Even then, it was neither the fault of the EA or the market but myself. I'm starting again with it but with safer setting.

Its cost averaging thingy is awesome.
  • #689
  • May 23, 2019 1:49pm May 23, 2019 1:49pm
Quoting leppozdrav
{quote} Are you talking about the most experienced guy on forum, Dukastrader?
Only PowerMoon knows
  • #690
  • May 23, 2019 6:42pm May 23, 2019 6:42pm
Quoting Pip-Miner
Check out the drawdown on this system . Some people have too much money . https://www.forexfactory.com/showthread.php?t=611641
Hi Pip Miner

He said he uses stop losses.
Where?

He is very brave and let’s hope there is not another flash crash
Trading thin liquidity at the boundary of the charts
  • #691
  • May 23, 2019 6:47pm May 23, 2019 6:47pm
Quoting RickM
{quote} Hi Pip Miner He said he uses stop losses. Where? He is very brave and let’s hope there is not another flash crash
It’s his uncles system who is very wealthy. Even this system with the correct settings would be better. The Aussie dollar has caused lots of pain for many this year.
  • #692
  • May 23, 2019 8:01pm May 23, 2019 8:01pm
Quoting chrisdk2017
{quote} You could look into FXT-SPB3 over at http://www.stevehopwoodforex.com/php...p?f=105&t=5598 It made 100,000 pips in 1 year with 22% dd (~ 2200 USD). Account though needs to be 10.000 I think. It closes the grid for a symbol when an opposite signal has been generated. The problem is of course with low leverage accounts.
hi Chris, it looks like grid trading with the trend. do you know where to get the underlying strategy for this grid trading system?thank you for your help.
  • #693
  • May 23, 2019 11:35pm May 23, 2019 11:35pm
Quoting PowerMoon
{quote} its basics math backtesting.... but your part of my text is not correct, when you only take this short part! this part is not true for strategies with an edge.... you can of course backtest luck strategies like martingale but the results are useless.
huh?!? I asked for proof of your statement and you say it's not correct? You claimed something and I ask proof of your claim.. if you can't provide proof maybe it's best not to state your statement as fact... and what is "basic math back testing"?
  • #694
  • May 24, 2019 9:43am May 24, 2019 9:43am
Hi everybody!

Soo it looks like my EA will pull out of this one. High DD though for some of you. I believe standard risk settings was giving some upwards of -65% DD. Which isn't really acceptable. Still, at least it looks like it may pull out for you guys that are still holding.

I'm still working on a good preset for my RMI EA. So many to choose from. I've found so many, I'm considering releasing multiple presets. ALL INCLUDE A SL OR % CUTTOFF ON EVERY TRADE!

-Some presets include taking out the the grid entirely.
-Some presets include a much smaller TP option.
-Some presets include a much wider grid.

All settings include a SL in some way or form

I hope to release some good settings ether later today or over this weekend.

All settings will include a safety-net so we don't run into high DD EVER again!
  • #695
  • May 24, 2019 9:59am May 24, 2019 9:59am
Quoting Cubbybgood
Hi everybody! Soo it looks like my EA will pull out of this one. High DD though for some of you. I believe standard risk settings was giving some upwards of -65% DD. Which isn't really acceptable. Still, at least it looks like it may pull out for you guys that are still holding. I'm still working on a good preset for my RMI EA. So many to choose from. I've found so many, I'm considering releasing multiple presets. ALL INCLUDE A SL OR % CUTTOFF ON EVERY TRADE! -Some presets include taking out the the grid entirely. -Some presets include a much smaller...
still holding here! and yes.. if this pullback continues a bit more it will close the grid in profit :-)
  • #696
  • Edited 11:15am May 24, 2019 10:05am | Edited 11:15am
Quoting ebeckers
{quote} still holding here! and yes.. if this pullback continues a bit more it will close the grid in profit :-)
Glad to hear some are still holding!

Because of my (stupid) double risk, I had to close my trades out obviously. I was greedy trying to make as much money as possible to fund my coding school. More lessons learned.
  • #697
  • May 24, 2019 10:58am May 24, 2019 10:58am
Quoting DojiSan
{quote} You don't know what you are talking about! I think you just like to talk about systems that are in drawdown to make yourself look intelligent. Here is a system that has been "backtested" and is using a martingale system now for 3 years and have been shown all this time. I've been watching this system since the end of 2016. It turned $2000 real money into $39052.71 so far.. that's +1852.64% return! with 21% drawdown https://www.myfxbook.com/members/fxc...harger/1744841
you dont know what you speak about.

luck system are bad strategies: because many beginners use it, of course some has because of luck some results with it.... man, you really should learn the math basics... all this is most easy parts of trading knowledge.... unbelieveable i teach you here something really someone should know before starting trading in a account (and looks like you really do trade in account with big luck hoping and less chance because of your posts knowledge)....

however, you dont look like you want learn something... so writing to you to correct all your mistakes is useless. so last post to help you or correct your mistakes. its better you speak with a beginner about martingale, so you can speak same level and you dont need to learn.
  • #698
  • May 24, 2019 11:42am May 24, 2019 11:42am
Quoting PowerMoon
{quote} you dont know what you speak about. luck system are bad strategies: because many beginners use it, of course some has because of luck some results with it.... man, you really should learn the math basics... all this is most easy parts of trading knowledge.... unbelieveable i teach you here something really someone should know before starting trading in a account (and looks like you really do trade in account with big luck hoping and less chance because of your posts knowledge).... however, you dont look like you want learn something... so...

Jeez dude, stop flinging your feces all over this thread. You have been proven wrong multiple times now. BY ACTUAL DEFINITIONS of martingale. And yet you continue to shit up the place.
How about you produce something of value instead of arguing here all the time?
  • #699
  • Edited 10:17pm May 24, 2019 11:42am | Edited 10:17pm
Quoting Cubbybgood
Hi everybody! Soo it looks like my EA will pull out of this one. High DD though for some of you. I believe standard risk settings was giving some upwards of -65% DD. Which isn't really acceptable. Still, at least it looks like it may pull out for you guys that are still holding. I'm still working on a good preset for my RMI EA. So many to choose from. I've found so many, I'm considering releasing multiple presets. ALL INCLUDE A SL OR % CUTTOFF ON EVERY TRADE! -Some presets include taking out the the grid entirely. -Some presets include a much smaller...
I certainly have no desire to be a critic here so please take this as a good gesture to offer some ideas. I have no shortage of ideas so here we go.... I will delete my post to avoid clutter so copy, save or discard at your will. Also, I rarely save my deleted posts so please don't PM me asking for more clarification.

Heads-up... I tend to state the obvious keeping all levels of readers in mind.

 

  1. We always measure DD in % of account equity (not balance). My rule of thumb when it comes to what impacts consistency is to never measure anything that is a variable. (Examples: Indicator based on price will always be a variable. Indicator to input into another indicator is double jeopardy etc) so why do we measure SL in pips and measure DD in %? that is completely retarded but everyone does it so it must be the right way. In my book, the theory of relativity exists in every aspect of a comprehensive strategy. Nothing stands on it by itself. Everything is relevant within the context and Drawdown is no different. Drawdown from what or against what is only relevant within the context of your overall trading objective towards meeting your own success criteria. %Drawdown is useless to me. A better alternative is to measure Drawdown against overall Returns i.e. ROMAD. Any system with a ROMAD of less than 1 is doomed for failure. I would not put a single dime on it. Folks measure positive expectancy in units of "per trade risk" which is also horse shit in my book if a strategy involves more than one instrument. I request others to please sleep on this for days/weeks until you understand what I am trying to convey.
  2. Risk Management vs Exposure Management vs Margin Management: Completely different topics but they ALL affect drawdowns. First comes Margin Management. Without efficient use of margin, you are dead and buried before taking the first leap towards equity explosion. Next comes exposure management. How/when/where and the whys of capital allocation across multiple instruments. I am not talking about weighted allocation to hedge or balance portfolio to absorb shocks. Such allocation models are appropriate for hedge funds will large capital base and making revenues on fees etc. I am talking about intelligent distribution of exposure across the major/minor currencies in global economies. With such exposure, you will ALWAYS face large swings in equity in both directions. We only want explosions in ONE direction and that is towards Equity Growth:-
  3. Space Management: What on earth is this shit? Folks talk about scaling in/out, laddering via fixed and dynamic grids etc. Any Grid design, it be static/fixed or dynamic/variable will never yield consistency in a multi-pair strategy that does not adjust for volatility. Every instrument across every unique timeframe has a very unique signature of price movement. Although fractal theory dictates uniformity in price movements, understanding SCALE becomes the Holy Grail. I am not talking about measuring volatility with junk like ATR or ADR. Measure junk with another junk will never return precious diamonds. I am talking about a scale that Adopts to each pair and each timeframe across each session open/close and around news. To me, that is the real definition of "DYNAMIC Grids". I will let you figure out how to measure scale :-
  4. Market Condition based Risk Management: This is also critical as each condition mandates an adoption of unique risk profile. Trend following will have a completely different risk profit requiring specific trade management techniques towards equity explosion. Equity Explosion is the ONLY goal/objective towards winning more to cover for losses. Trend following comes to such rescue. How you manage trades during consolidation, retracements, continuations, bounces, breakouts, fakeouts, intra-session low volatile times etc etc will make or break any system beyond recovery from drawdowns.
  5. And Finally, my favorite.... Trading Cost Multiple. Similar to Drawdown and RoMAD, a Strategy is a failed strategy if it cannot yield a x multiple of total trading costs involved. By default, I used a minimum multiple of 3 to give me assurance that no matter what games the market maker will do, I will atleast make 3 times to costs of doing business. Cost of doing business VARY every day and many don't realize this basic element that affects positive expectancy. Yes, Trading Costs will always be a variable in any market place because of slippage, increase margin requirements, daily swap changes, variable spreads, commissions, rebates and the whole gamut of shit that market throws at us. It is the BEST (and ONLY) way to measure any system performance with 100% assurance. No one will share this shit in open. This is the first thing we must test in any strategy development. Everything else takes a back stage! Frankly, an entire trading methodology could be devised only based on trading cost recovery by using a multiple. During volatile times, raise the bar and shoot for 20x multiple. During slow/consolidation times, lower the bar to 2x. Market Makers will NEVER be able to defeat this model as it allows us to apply brute force and trap their algos if done right.

I have shared enough..... Save or discard as I am going to delete this post soon.

Staying in my lane...
  • #700
  • May 24, 2019 11:56am May 24, 2019 11:56am
Quoting PowerMoon
{quote} you dont know what you speak about. luck system are bad strategies: because many beginners use it, of course some has because of luck some results with it.... man, you really should learn the math basics... all this is most easy parts of trading knowledge.... unbelieveable i teach you here something really someone should know before starting trading in a account (and looks like you really do trade in account with big luck hoping and less chance because of your posts knowledge).... however, you dont look like you want learn something... so...
blah blah blah blah blah.. if you mean luck as probabilistic systems, then by your own definition all systems are bad systems. Give us an example of a system that's not based on "luck" (probability)... better yet give us some stats of the system that you use not base on luck.. let's see them.. if you can provide at least one that's profitable maybe then you can act like a high and mighty forex guru "teaching" everyone here.. lol
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