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Hybrid Grid-Automated

  • #2,081
  • Aug 1, 2019 3:35pm Aug 1, 2019 3:35pm
Quoting mrdfx
{quote} 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...
Hi mrdfx,

thanks for all your info and I got similar info via a private message from FXsniper111. I closed all my GBPCAD positions which has pretty much drained most of my gains which is a shame but I would rather that and then move forward knowing that there a less chance of being wiped out! Thanks for the heads up and yes as luck would have it I had only just started trading GBPCAD and there was a large counter move with not a lot of retracement!

From what I can see you are only trading 3 pairs per account? FXsniper111 is trading the following: I have 6 pairs EU-GU-AU-UJ-EG and EJ

I'm not so keen on the AU pair as I have seen this make some large moves also, I guess like most pairs but havent had much luck with AU in the past on demo.

Since changing the settings (apart from the GBPCAD loss) the profit strated to take a turn upwards in % so that was a good sign and like you I'm happy to take a little DD to add to the gain. From what I can see the pairs I was trading before adding GBPCAD were chugging along nicely for a couple of months with fairly low DD so was pretty happy with that. Guess I scaled up the wrong way also at the wrong time .... you live and learn though!

Thanks for your help to date and look forward to sharing performance etc moving forward as nothing beats live trading.

Thanks, Matt.
  • #2,082
  • Aug 1, 2019 3:47pm Aug 1, 2019 3:47pm
Quoting mrdfx
{quote} 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...
Hi mrdfx,

Another issue I might be having is with the EURJPY pair. It had taken buy trades then scaled out of them leaving one 0.04 lot trade. From there is has taken a sell trade which is good as it has hedged a little against the buy trade however this is only at 0.02 which is fine as I understand that this is the start lot. I guess my question is that why hasn't the buy trade been added to as the market has gone against it? I would have thought it would have taken some more trades to scale out as usual on the pullbacks. Also it knows it has the trades as the EA window shows one Buy and one Sell trade.

Any help would be great. Thanks, Matt.

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  • #2,083
  • Aug 2, 2019 2:47pm Aug 2, 2019 2:47pm
I would personally kill any trade that doesn't make sense to me, esp. since it was opened by EA.

Something else to consider, maybe, is US dollar risk. With Trump fighting the Fed and China at the same time it could get wacky. If you're trading EU-GU-AU-UJ that's four of six pairs exposed to the greenback. You also have 3/6 pairs exposed to the Euro which is basically the other side of whatever the greenback does. Why not slip a commodity in there (oil?), maybe a wishy washy index like the FTSE or the NIKKEI (even better)? Just my unsolicited 0.02.
  • #2,084
  • Aug 9, 2019 3:23am Aug 9, 2019 3:23am
Seeing that i am working on the "one EA multi-pair" version of HSA start spilling out found bugs, likes, dislikes, proposed improvements, ideas, etc here.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,085
  • Aug 9, 2019 4:56am Aug 9, 2019 4:56am
Quoting FxMadness
Seeing that i am working on the "one EA multi-pair" version of HSA start spilling out found bugs, likes, dislikes, proposed improvements, ideas, etc here.
I will load up today.
  • #2,086
  • Aug 20, 2019 8:44am Aug 20, 2019 8:44am
Quoting mightymatt
{quote} Hi mrdfx, Another issue I might be having is with the EURJPY pair. It had taken buy trades then scaled out of them leaving one 0.04 lot trade. From there is has taken a sell trade which is good as it has hedged a little against the buy trade however this is only at 0.02 which is fine as I understand that this is the start lot. I guess my question is that why hasn't the buy trade been added to as the market has gone against it? I would have thought it would have taken some more trades to scale out as usual on the pullbacks. Also it knows...
Hi mightymatt, it seems that this is a minor bug of the EA. I have seen the same thing on one of my accounts where an order which went into loss and the EA did not add any orders to cost average it. It looks like the order gets orphaned and the EA does not keep track of it.

I have already contacted FxMadness some weeks ago about some other minor things that I picked up with the EA, and I'm waiting for him to get back to me on it. Lets hope he can fix this too.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,087
  • Sep 1, 2019 4:42am Sep 1, 2019 4:42am
Loaded fxmadness version to several pairs using mrdfx's set file.
There are a lot more variables that I need to get my head around. I look forward to a "one EA multiple pair" version! This would be fantastic, and much easier for testing. @fxmadness how are you getting along with it? I imagine you'll need a hell of a lot of variables as some people like to have the EA trade a certain a pair at a certain time etc.

I am still running the latest Magic 1c version, and Brexit has caused GBPUSD to put my account into -70% drawdown! It's managed to recover slightly. I am purposely letting it run thru Brexit on this pair as a personal experiment. Come Brexit I'm going live.
  • #2,088
  • Sep 1, 2019 6:07am Sep 1, 2019 6:07am
Opinion:
This EA thrives on mean reversion. It dies in long trends. So any fundamental situation with a pair that would cause price to keep moving in one direction will not be conducive to account health. If you're waiting for some drawn-down trades to recover that's (maybe) fine, but if the pound is oversold and Brexit comes and the market decides that Britain is not going to implode after all, that won't be a good environment to use this system.

It's better to use this on pairs that nobody is thinking much about, and USDCHF which is always in a holding pattern for various reasons.
  • #2,089
  • Sep 2, 2019 5:21am Sep 2, 2019 5:21am
Quoting clemmo17
Opinion: This EA thrives on mean reversion. It dies in long trends. So any fundamental situation with a pair that would cause price to keep moving in one direction will not be conducive to account health. If you're waiting for some drawn-down trades to recover that's (maybe) fine, but if the pound is oversold and Brexit comes and the market decides that Britain is not going to implode after all, that won't be a good environment to use this system. It's better to use this on pairs that nobody is thinking much about, and USDCHF which is always in...
Hi buddy,
You raise a valuable point, and I noticed this in particular to Sterling and it's effects on the various pairs. I have seen large drawdowns primarily only as you've mentioned, when there are significant shifts in the price based on extreme news. I haven't seen any issues with your 'business as usual' news affecting the price that the EA couldn't cope. Obviously if I was trading Live I would want to manually turn off the EA during this news.

Are you using fxmadness's version? If so, what settings are you using and have you found any particular variables advantageous?

Cheers
  • #2,090
  • Sep 2, 2019 1:46pm Sep 2, 2019 1:46pm
Yes, hybrid adaptive with his setfile. The only thing I do differently is set the EA to go long-only or short-only with my trend bias. Then as long as I'm right about the overall trend direction I don't get bothered by drawdowns less than 30%. More than that and I start to close trades manually since clearly I was wrong about the trend.
  • #2,091
  • Sep 13, 2019 1:03pm Sep 13, 2019 1:03pm
Hey guys long time! I just wanted to share with you a situation that I had on my live account that finally came through and all thanks to Hybrid!

I had been trading EG for a long time and 4 months ago when EG started its record 11 week bull run, Hybrid got stuck in the trend and started its counter gridding action. At the peak of the EG bull run, Hybrid was a little over -12000 pips and a lot of $$$ in DD. Thankfully my account was large enough to sustain the big DD and I could continue my normal trading but I'll tell that seeing when you're over -12k pips in DD is not a pleasant sight!

Fast forward 4 months to the day basically and Hybrid managed to successfully close out every order. It took a hell of a lot of time, but just having patience and letting Hybrid to do its thing paid off eventually. As you can see from the screenshot I had to change to the D1 chart to fit in all the orders so you can see it.

This was also a learning curve for me and I've made some changes to how I use Hybrid 1.2 so it is a lot safer now even during trending conditions. I've also stopped trading any GBP pairs due to this never ending Brexit drama.

Nor sure who else is still trading with Hybrid on their live accounts, but it is one of the few EA's that I can kind of set & forget, and it brings in the profit day by day.
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Truth is like poetry. And most people f*cking hate poetry.
  • #2,092
  • Sep 15, 2019 1:36am Sep 15, 2019 1:36am
Quoting mrdfx
Hey guys long time! I just wanted to share with you a situation that I had on my live account that finally came through and all thanks to Hybrid! I had been trading EG for a long time and 4 months ago when EG started its record 11 week bull run, Hybrid got stuck in the trend and started its counter gridding action. At the peak of the EG bull run, Hybrid was a little over -12000 pips and a lot of $$$ in DD. Thankfully my account was large enough to sustain the big DD and I could continue my normal trading but I'll tell that seeing when you're over...
Hi Mrdfx,
Thanks for the update and currently I'm in a bit of DD with hybrid 1.c on the AU pair & AJ on HSA. The EAs have been chugging along very nicely over the last few months and churning out steady profits but as you say once it gets stuck in a trend you can't get out unless you cut the loss or wait it out.
My plan is to make sure I have enough funds in the account to avoid a margin call and hopefully it will turn as your EG pair did.
Cheers
Chubby
"All good things to those who wait"
  • #2,093
  • Sep 15, 2019 2:49am Sep 15, 2019 2:49am
Quoting mrdfx
Hey guys long time! I just wanted to share with you a situation that I had on my live account that finally came through and all thanks to Hybrid! I had been trading EG for a long time and 4 months ago when EG started its record 11 week bull run, Hybrid got stuck in the trend and started its counter gridding action. At the peak of the EG bull run, Hybrid was a little over -12000 pips and a lot of $$$ in DD. Thankfully my account was large enough to sustain the big DD and I could continue my normal trading but I'll tell that seeing when you're over...
It is difficult to see but i think i see some discrepancies in the closing logic.
So can you upload the set file you used that led to these trades and closes ?

Still working on the adaptive EA trying to incorporate my 2014 hedgehog logic which by the way is still in use on some of my traders.

To read up on the original hedgehog idea go to https://www.tapatalk.com/groups/magi...edge-t341.html it could be that you have to create an account.

Ps. yes account needed.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,094
  • Sep 15, 2019 3:27am Sep 15, 2019 3:27am
Quoting mrdfx
Hey guys long time! I just wanted to share with you a situation that I had on my live account that finally came through and all thanks to Hybrid! I had been trading EG for a long time and 4 months ago when EG started its record 11 week bull run, Hybrid got stuck in the trend and started its counter gridding action. At the peak of the EG bull run, Hybrid ............
Hi Mrdfx,

Thanks for the update and yes I am also using on a Live account. Has been chugging along nicely with not very much DD at all. Am currently down about $420.00 which has been my largest to date and is on GBPUSD and USDCAD. I will be dropping the GBP pair as soon as it closes out a few trade and not trade GBP until after Brexit.

I am building my account slowly and will add some more funds too and will increase my lot size.

I am seeing one issue. All pairs are set to 0.03 lot start except GBPUSD which is 0.04. It seems that when the pairs get to their second tier or pricing i.e. up to 0.06 and they close out the start lot size doesn't seem to reset back to 0.03 so they are starting off on 0.06 lot then going from there and of course the next time it steps is 0.12 which is great when it works out but wont be great when it doesn't work out! I need to do some proper checking to make sure that it isn't left over from the previous group of trades but seems to have happened on 2 pairs now so need to get a handle on whats happening.

Apart from that its been great and as you say pretty much a set and forget. I will be ramping up my start lot again soon. Have a demo account running on 0.05 start lot with 5 pairs and the maximum the DD has got to in a month is only $376 which is nothing really and im running it on a 5K account. Its only a month so will just let it run but looks like its working very well.

Any additions would be amazing and you must have been very paitent to wait out the 12k pips DD and have the fortitude to see it through to closing out and as you say just shows the power of this EA.

Thanks, Matt.
  • #2,095
  • Sep 15, 2019 3:39am Sep 15, 2019 3:39am
Quote
I am seeing one issue. All pairs are set to 0.03 lot start except GBPUSD which is 0.04. It seems that when the pairs get to their second tier or pricing i.e. up to 0.06 and they close out the start lot size doesn't seem to reset back to 0.03 so they are starting off on 0.06 lot then going from there and of course the next time it steps is 0.12 which is great when it works out but wont be great when it doesn't work out!

Which version ?
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #2,096
  • Sep 15, 2019 3:51am Sep 15, 2019 3:51am
Quoting FxMadness
{quote} Which version ?
Hi FxMadness,

Version is Hybrid Stochs Adaptive Current 3.0

Thanks, Matt
  • #2,097
  • Sep 16, 2019 9:26am Sep 16, 2019 9:26am
Quoting FxMadness
{quote} It is difficult to see but i think i see some discrepancies in the closing logic. So can you upload the set file you used that led to these trades and closes ? Still working on the adaptive EA trying to incorporate my 2014 hedgehog logic which by the way is still in use on some of my traders. To read up on the original hedgehog idea go to https://www.tapatalk.com/groups/magi...edge-t341.html it could be that you have to create an account. Ps. yes account needed.
These are the settings I was using previously. After this EG rally I increased the step order from 100 to 200 to space out the grid more which worked out to be a good decision.

It's good to hear you still working HSA as there were a few things I picked up which I think I did tell you about on Skype.
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Truth is like poetry. And most people f*cking hate poetry.
  • #2,098
  • Sep 23, 2019 10:35pm Sep 23, 2019 10:35pm
Quoting mrdfx
{quote} These are the settings I was using previously. After this EG rally I increased the step order from 100 to 200 to space out the grid more which worked out to be a good decision. It's good to hear you still working HSA as there were a few things I picked up which I think I did tell you about on Skype. {image}

how do i get this EA pls
  • #2,099
  • Sep 25, 2019 3:30am Sep 25, 2019 3:30am
Quoting FxMadness
{quote} Which version ?
Hi FxMadness,

I have a feeling that I have found the issue I was experiencing and that being user error haha

"start lot increment on above condition" I had set this value on some of the pairs to be the same as the start lot. The start lot incriment on start balance increase was set to 1000. I hadn't made $1000 however I had made an extra deposit which pushed it over the 1000 mark so im pretty sure that the increment kicked in and for the pairs set to the same as the start lot this looked like it had doubled.

Its a great ea and any improvements would be greatly appreciated.

On another note for everyone, I'm currently trading 5 pairs in my live account - GBPUSD 0.03 Start Lot, EURJPY 0.04 Start Lot (was 0.03), CADJPY 0.04 Start Lot (was 0.03), USDCAD 0.04 Start Lot (was 0.03), EURJPY 0.02 Start Lot. I have just increased a coupld of the pairs as the balance has increased and my account is currently at $4200. Whats everyones thoughts on the pairs, increasing start lots etc?

I am looking to increase the funding in the account also as over time this is chugging away nicely with a fair low DD. I am happy to take a little more risk to increase the account size with it being this small so anyones thoughts on this would be great.

i have a demo account that is trading similar pairs with all start lots at 0.05 and even with this the max DD has been under $500 which is less than 10% of the account that has a start balance of 5K. That account is up $1200 in just over a month so looking for promising.

Thanks, Matt
  • #2,100
  • Sep 25, 2019 9:17am Sep 25, 2019 9:17am
Guys Magix has been away for a long time I really hope he is doing ok. I did email him a few times during the year, but he did not reply yet...

Those of you from the beginning will remember that when David started this project last year the one requirement was to donate to the RMHC to join in.

Well I'm not sure how many of you from the beginning are still using these EA's, but Hybrid has been doing great and its made more than "lunch money" for me so I thought its only fair to PIF once again in ode to the original idea and I encourage you all to PIF as well.

We've got a real gem here guys and thanks to David we can make some real money here, the least we can do is give back in our own ways.
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Truth is like poetry. And most people f*cking hate poetry.
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