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Hybrid Grid-Automated

  • #2,061
  • Jun 22, 2019 12:04pm Jun 22, 2019 12:04pm
Quoting Carlos1
{quote} Hi Mrdfx, Your acc42 looks like it's doing well.... Presume your set is different to the one in post 1989? If it is could you share and I'll test & feedback Cheers Carlos
Hi Carlos1, yes I'm using a slightly different set file which I'm still testing.

I've got 2 accounts set up with the modified EA settings the only difference being the pairs being traded, and so far its working well.

Attached is the set file of the modified settings.

*Note that these settings are very low risk settings and have tested to make around 10-20% per year per pair with less than 15% DD based on trading 0.01 per $1000.
Attached File(s)
File Type: zip Hybrid Adaptive Latest.set.zip   3 KB | 473 downloads
Truth is like poetry. And most people f*cking hate poetry.
  • #2,062
  • Jun 23, 2019 2:05pm Jun 23, 2019 2:05pm
Quoting mrdfx
{quote} Hi Carlos1, yes I'm using a slightly different set file which I'm still testing. I've got 2 accounts set up with the modified EA settings the only difference being the pairs being traded, and so far its working well. Attached is the set file of the modified settings. *Note that these settings are very low risk settings and have tested to make around 10-20% per year per pair with less than 15% DD based on trading 0.01 per $1000. {file}
Thanks mrdfx.
I think slow & steady wins the race in the end so thanks for sharing this new set and I'll feedback in a few weeks time.
Cheers
Carlos
"All good things to those who wait"
  • #2,063
  • Jun 23, 2019 3:50pm Jun 23, 2019 3:50pm
hey mrdfx,

thanks for the share. you said in post 2,053 that the pairs traded at the moment are "CADJPY, USDCAD & USDJPY, 2 X each"

Does that mean that they are both all loaded on m1 charts and also on m5 charts?

thanks, blam

Quoting mrdfx
{quote} Hi Carlos1, yes I'm using a slightly different set file which I'm still testing. I've got 2 accounts set up with the modified EA settings the only difference being the pairs being traded, and so far its working well. Attached is the set file of the modified settings. *Note that these settings are very low risk settings and have tested to make around 10-20% per year per pair with less than 15% DD based on trading 0.01 per $1000. {file}
  • #2,064
  • Jun 23, 2019 5:17pm Jun 23, 2019 5:17pm
Quoting blamshakk
hey mrdfx, thanks for the share. you said in post 2,053 that the pairs traded at the moment are "CADJPY, USDCAD & USDJPY, 2 X each" Does that mean that they are both all loaded on m1 charts and also on m5 charts? thanks, blam {quote}
Hi blamshakk I am only trading HSA on M1 charts at the moment.

What I mean by "2 X each" is that each currency is being traded on 2 pairs, 2 X CAD, 2 X USD 2 X JPY for a balanced equal set of pairs.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,065
  • Edited 6:45pm Jun 23, 2019 5:23pm | Edited 6:45pm
Quoting Carlos1
{quote} Thanks mrdfx. I think slow & steady wins the race in the end so thanks for sharing this new set and I'll feedback in a few weeks time. Cheers Carlos
This has been my finding after this long time of back testing, forward testing and live trading. Sure you can set up Hybrid to be quite aggressive and it will make a lot of profit but if it gets caught in a strong counter trend and you don't have enough balance it will fail.

Slow and steady (bigger time delay and step) has worked better, sure it takes a lot longer to make profits but at least the account survives and after some time the pips add up.

The thing is most retail traders are impatient and making 5-10% pm is not enough for them even though in real world trading its excellent, they want to make 20-50% pm and then wonder why months later they still blowing accounts.

Personally Hybrid is one of the best grid EA's available and if you know how to use it it can make you good money.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,066
  • Jun 24, 2019 1:30pm Jun 24, 2019 1:30pm
Quoting mrdfx
{quote} This has been my finding after this long time of back testing, forward testing and live trading. Sure you can set up Hybrid to be quite aggressive and it will make a lot of profit but if it gets caught in a strong counter trend and you don't have enough balance it will fail. Slow and steady (bigger time delay and step) has worked better, sure it takes a lot longer to make profits but at least the account survives and after some time the pips add up. The thing is most retail traders are impatient and making 5-10% pm is not enough for them...
Totally agree Mrdfx and thanks very much for your continued support and input with Magix's EAs (along with FXM's), as in the right hands and settings these can provide consistent returns.
Banks/Building societies in the uk return you 1-2% a year if your lucky so and making 5-10%pm in this game with a few slow and steady EAs with the right settings is the way forward for me.
Cheers
Carlos
"All good things to those who wait"
  • #2,067
  • Jun 25, 2019 2:21am Jun 25, 2019 2:21am
Quoting Carlos1
{quote} Totally agree Mrdfx and thanks very much for your continued support and input with Magix's EAs (along with FXM's), as in the right hands and settings these can provide consistent returns. Banks/Building societies in the uk return you 1-2% a year if your lucky so and making 5-10%pm in this game with a few slow and steady EAs with the right settings is the way forward for me. Cheers Carlos
I do agree
  • #2,068
  • Jun 25, 2019 2:40am Jun 25, 2019 2:40am
Quoting mrdfx
{quote} This has been my finding after this long time of back testing, forward testing and live trading. Sure you can set up Hybrid to be quite aggressive and it will make a lot of profit but if it gets caught in a strong counter trend and you don't have enough balance it will fail. Slow and steady (bigger time delay and step) has worked better, sure it takes a lot longer to make profits but at least the account survives and after some time the pips add up. The thing is most retail traders are impatient and making 5-10% pm is not enough for them...
Hi Mrdfx,

Yes I totally agree and the current Hybrid and slowly and steadily churning out the profits on my live account and I am more than happy with 5-10% PM as that adds up to 150-200%+ for the year and who can argue with that!

I seem to have a small issue with the EA you or FxMadness could help with:

I am running the Latest Hybrid Adaptive. The issue I'm having is that after a weekend, any pairs that are held through the weekend will not be managed when the market opens again on the Monday. I had USD/CAD do this on both my live accounts and then AUD/USD on one of my demo accounts. The window in the chart shows the trade but they don't seem to get managed or added to etc. Once I close the trade, it will open a new trade when a signal is present and then they will get managed moving forward.

You will see on the screen shot that the USD/CAD trade highlighted was closed manually with a 40pip loss and that was 2 days into this trading week with the trade being opened on friday. I tried closing the MT4 and also going into the setting and out so the EA would restart but it just doesnt pick up the trades. My demo accounts are showing the same behaviour. The only thing I did was on the weekend I did re-start my VPS and then open up the terminals ready for the new week but but I'm pretty sure I have done this before. I have noticed this before and didn't take a lot of notice as normally try and close all the trades going into the weekend but as this has been trading so well and recovers very well I wanted to see what would happen. The current GBP/USD trades are only 15ish pips apart which is what I would normally get on the USD/CAD pair too.

Any suggestions would be great of if anyone else has experienced this.

Thanks, Matt.

Attached Image (click to enlarge)
Click to Enlarge Name: Weekend Issue.jpg Size: 328 KB
  • #2,069
  • Jun 25, 2019 10:49am Jun 25, 2019 10:49am
Quoting mightymatt
{quote} Hi Mrdfx, Yes I totally agree and the current Hybrid and slowly and steadily churning out the profits on my live account and I am more than happy with 5-10% PM as that adds up to 150-200%+ for the year and who can argue with that! I seem to have a small issue with the EA you or FxMadness could help with: I am running the Latest Hybrid Adaptive. The issue I'm having is that after a weekend, any pairs that are held through the weekend will not be managed when the market opens again on the Monday. I had USD/CAD do this on both my live accounts...
Hi mightymatt that is certainly a strange situation you having as I have not noticed this happening with any of my accounts.

There are a few other minor things I picked up which I've already mentioned to FxMadness that I hope he will fix soon, but not the issue you experiencing, perhaps its better for FxMadness to check on it.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,070
  • Jun 26, 2019 1:38pm Jun 26, 2019 1:38pm
Quoting mrdfx
{quote} Hi mightymatt that is certainly a strange situation you having as I have not noticed this happening with any of my accounts. There are a few other minor things I picked up which I've already mentioned to FxMadness that I hope he will fix soon, but not the issue you experiencing, perhaps its better for FxMadness to check on it.
I'm just echoing what mrdfx is saying, I've not come across this. Are you turning your computer off over the weekend?
  • #2,071
  • Jun 26, 2019 10:22pm Jun 26, 2019 10:22pm
Quoting johnsmith2nd
{quote} I'm just echoing what mrdfx is saying, I've not come across this. Are you turning your computer off over the weekend?
Hi Johnsmith2nd,

what I did was shut down the terminals and restarted my VPS then once it had rebooted I started the terminal up again ready for Monday trading.

Just basically did a restart of the VPS over the weekend, just helps to keep it running fresh. Don’t have to restart.

My demo accounts are the same, will post some pics later tonight.

Thanks, Matt
  • #2,072
  • Jun 27, 2019 1:20am Jun 27, 2019 1:20am
Quoting mightymatt
{quote} Hi Johnsmith2nd, what I did was shut down the terminals and restarted my VPS then once it had rebooted I started the terminal up again ready for Monday trading. Just basically did a restart of the VPS over the weekend, just helps to keep it running fresh. Don’t have to restart. My demo accounts are the same, will post some pics later tonight. Thanks, Matt
Have you got unique magic numbers for each chart?
I wonder when you restart your VPS if this somehow clears out some cache or temporary files within mt4 that the EA relies on to pick up trades? Unfortunately my knowledge is lacking in this area.
  • #2,073
  • Jun 28, 2019 12:28am Jun 28, 2019 12:28am
Quoting johnsmith2nd
{quote} Have you got unique magic numbers for each chart? I wonder when you restart your VPS if this somehow clears out some cache or temporary files within mt4 that the EA relies on to pick up trades? Unfortunately my knowledge is lacking in this area.
Hi, yes I do have unique magic numbers. Even after closing all the trades from last week, I had a trade yesterday that opened and then just wouldn’t be managed. I had other trades that have opened and then been managed perfectly. I have closed all trades, closed the terminals, restarted the VPS and started again. I have changed the magic numbers from previous so hopefully it sorts itself out ...... fingers crossed.

Thanks, Matt
  • #2,074
  • Jul 26, 2019 10:41pm Jul 26, 2019 10:41pm
Hi Everyone,

Hope everyones trading is going well!

Does anyone have any thoughts on scaling up with this EA? I have found that increasing Lot size doesn't necessarily increase profit a large amount vs the extra risk that you take on.

I guess adding more extra pairs is another way.

Keen to hear others thoughts on this

Thank, Matt.
  • #2,075
  • Jul 29, 2019 6:28am Jul 29, 2019 6:28am
Quoting mightymatt
Hi Everyone, Hope everyones trading is going well! Does anyone have any thoughts on scaling up with this EA? I have found that increasing Lot size doesn't necessarily increase profit a large amount vs the extra risk that you take on. I guess adding more extra pairs is another way. Keen to hear others thoughts on this Thank, Matt.
Hi mightymatt, I can only speak for myself but I scale up by increasing lot size not the amount of pairs. I have my balanced set of currency pairs that I trade on and as the balance grows I increase the lot size.

I currently trade live with 0.02/$250 balance per pair and increase as it goes up. 0.02/$250 is quite aggressive but it works for me and I don't mind taking on a little DD if it means more profits.

Adding more pairs is also doable I think, but make sure you add pairs that helps to keep the balance so that you don't over extend yourself on any particular currency.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,076
  • Jul 29, 2019 3:54pm Jul 29, 2019 3:54pm
Quoting mrdfx
{quote} Hi mightymatt, I can only speak for myself but I scale up by increasing lot size not the amount of pairs. I have my balanced set of currency pairs that I trade on and as the balance grows I increase the lot size. I currently trade live with 0.02/$250 balance per pair and increase as it goes up. 0.02/$250 is quite aggressive but it works for me and I don't mind taking on a little DD if it means more profits. Adding more pairs is also doable I think, but make sure you add pairs that helps to keep the balance so that you don't over extend yourself...
Hi mrdfx,

Thank you for your reply. Im currently running 4 pairs with 0.02 lots and me account deposit was $2500. This is now up to $2800 so was looking to slowly leverage it a little more and maybe even deposit a little more into it also.

Like you I don't mind taking a little DD and definitely keep an eye on it and as the account equity builds I will slow down the progression of the lot sizes.

With regards to your Profit settings, have you simply just doubled or tripled the settings as you have increased lot sizes or added a percentage or the original to them?

I have attached my current profit settings for 0.02 lots. Would be interested in your comments. I have also attached a myfxbook screenshot showing the equity curve. Pretty happy with it and nice and smooth. The couple of negative days shown are when the I was experiencing the EA not picking up trades after a weekend etc and I closed the trades and started again to be safe. Seem to have that sorted now .... fingers crossed.

Thanks, Matt.

PROFIT SETTINGS
Attached Image (click to enlarge)
Click to Enlarge Name: profit settings.jpg Size: 146 KB


CURRENT PERFORMANCE
Attached Image (click to enlarge)
Click to Enlarge Name: Live 1 myfxbook.jpg Size: 127 KB
  • #2,077
  • Jul 30, 2019 7:19am Jul 30, 2019 7:19am
Quoting mightymatt
{quote} Hi mrdfx, Thank you for your reply. Im currently running 4 pairs with 0.02 lots and me account deposit was $2500. This is now up to $2800 so was looking to slowly leverage it a little more and maybe even deposit a little more into it also. Like you I don't mind taking a little DD and definitely keep an eye on it and as the account equity builds I will slow down the progression of the lot sizes. With regards to your Profit settings, have you simply just doubled or tripled the settings as you have increased lot sizes or added a percentage...
Hi mightymatt, I have increased the lot size per pair per balance as the account grows. With trading 4 pairs and your current account balance you could increase the lot sizes to 0.03 or even 0.04 and that should increase the profit on your account.

Attached is my set file which you can use and adapt for your trading.
Attached File(s)
File Type: zip HSA Latest.set.zip   1 KB | 409 downloads
Truth is like poetry. And most people f*cking hate poetry.
  • #2,078
  • Jul 30, 2019 10:32pm Jul 30, 2019 10:32pm
Quoting mrdfx
{quote} Hi mightymatt, I have increased the lot size per pair per balance as the account grows. With trading 4 pairs and your current account balance you could increase the lot sizes to 0.03 or even 0.04 and that should increase the profit on your account. Attached is my set file which you can use and adapt for your trading. {file}
Hi Mrdfx,

Thank for the reply and setfile! Im currently in DD with GBPCAD trades for about 10% so a little out of hand. I actually have 5 pairs but once these close I will drop GBPCAD and then employ your setfile.

I am interested in a couple of settings that are different in yours as they are to mine. I think I changed them when I was having the issue with the trades not being picked up after a restart etc.

Setting 1:
# steps of steplot - Is this how many trade steps it will take? I.e. if the trade is going against you, will it add the number of steps in this setting?

Setting 2:
By martingale multiplier
Same as above.

Am I on track with these settings or are they for something different. I see yours is set to 3. I only changed it as when I was having the issue and trades wernt being taken.

Look forward to your feedback and thanks again for the setfile. I will definitely be implementing this and testing it out.

Thanks, Matt.
  • #2,079
  • Jul 31, 2019 9:13am Jul 31, 2019 9:13am
Quoting mightymatt
{quote} Hi Mrdfx, Thank for the reply and setfile! Im currently in DD with GBPCAD trades for about 10% so a little out of hand. I actually have 5 pairs but once these close I will drop GBPCAD and then employ your setfile. I am interested in a couple of settings that are different in yours as they are to mine. I think I changed them when I was having the issue with the trades not being picked up after a restart etc. Setting 1: # steps of steplot - Is this how many trade steps it will take? I.e. if the trade is going against you, will it add the number...
Hi mightymatt, GBPCAD is a highly volatile pair with a high ADR. For me trading a pair that can swing over 100 pips in a day easy is very risky for a grid type EA, one strong move in the opposite direction and you can get into deep DD fast. I prefer using Hybrid on low ADR pairs, but that's my preference.

I set the # steps for step lot to 3 so for each lot step the EA will open the same lot size 3 times before moving up to the next lot step. I found in my testing that using the sum lot was too aggressive and also using 2 steps could cause unfavorable DD. Personally using 3 steps worked better than the others, it might take longer to recover any DD, but its safer.

You can ignore the martingale multiplier as that is not being used. Its set to 3 as default but is not being used as we are using step lot.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,080
  • Aug 1, 2019 11:34am Aug 1, 2019 11:34am
Quoting mrdfx
{quote}For me trading a pair that can swing over 100 pips in a day easy is very risky for a grid type EA, one strong move in the opposite direction and you can get into deep DD fast. I prefer using Hybrid on low ADR pairs, but that's my preference. I set the # steps for step lot to 3 so for each lot step the EA will open the same lot size 3 times before moving up to the next lot step. I found in my testing that using the sum lot was too aggressive and also using 2 steps could cause unfavorable DD. Personally using 3 steps worked better than the...
Thanks for the sets and the advice. I've been thinking about putting HSA into live production in September, using MAs and sentiment to stay on the right side of cycle trends. Hopefully we'll hear from Magix whether we can continue using it after the new year.
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