SchKithZo - GridBender EA (EURUSD) | Forex Factory

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Attachments: SchKithZo - GridBender EA (EURUSD)
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SchKithZo - GridBender EA (EURUSD)

  • #1
  • First Post: Edited Aug 13, 2020 4:12pm Aug 1, 2020 1:07pm | Edited Aug 13, 2020 4:12pm
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  • #2
  • Aug 1, 2020 2:38pm Aug 1, 2020 2:38pm
Thank you for sharing, will test it this week
  • #3
  • Aug 1, 2020 2:46pm Aug 1, 2020 2:46pm
Quoting amjadepp
Thank you for sharing, will test it this week
Thanks man ...will also attach a trade explorer to Thread next week so everyone can also keep tabs.
  • #4
  • Aug 1, 2020 3:22pm Aug 1, 2020 3:22pm
Hi
Thanks for sharing your work.
From what I can see seems toooooo good to be true.
I see impressive returns in just 3 years more than 10 times your initial account balance.
What investment in the real world can generate ROI like that?
None.
So I'm thinking, did you use good tick data for your bactesting?
Thanks again
  • #5
  • Aug 1, 2020 4:21pm Aug 1, 2020 4:21pm
Quoting Merka
Hi Thanks for sharing your work. From what I can see seems toooooo good to be true. I see impressive returns in just 3 years more than 10 times your initial account balance. What investment in the real world can generate ROI like that? None. So I'm thinking, did you use good tick data for your bactesting? Thanks again
I use 99% backtest quality..you can also run your own backtest to confirm and let me know too..thanks
  • #6
  • Aug 1, 2020 5:25pm Aug 1, 2020 5:25pm
3 questions:
1. You say 1% max drawdown, so with a $190 starting capital that would mean $1.90 max drawdown - not even 20 pips on .01 trade. Is this correct? And what happens then?
2. Why would you need such a high leverage if max drawdown is 1% ?
3. What is the general strategy?
  • #7
  • Aug 1, 2020 5:58pm Aug 1, 2020 5:58pm
Quoting profitkeeper
3 questions: 1. You say 1% max drawdown, so with a $190 starting capital that would mean $1.90 max drawdown - not even 20 pips on .01 trade. Is this correct? And what happens then? 2. Why would you need such a high leverage if max drawdown is 1% ? 3. What is the general strategy?
Just saw your comment its a new system not already being traded and tested.. Better to trade with enough margin than being burned out...just test yourself like everyone else who wants to will so we find out how things work from forward test..thanks
  • #8
  • Aug 1, 2020 6:11pm Aug 1, 2020 6:11pm
1/1/20 - 8/1/20, so basically seven months. No money management - fixed .01 lots. Really impressive. Super low DD. Unfortunately, since it hedges and I'm a US trader, I can't use the EA.
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  • #9
  • Aug 1, 2020 6:29pm Aug 1, 2020 6:29pm
Same test as above, but with money management. DD still very low.
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  • #10
  • Aug 1, 2020 6:44pm Aug 1, 2020 6:44pm
How does the EA perform with other pairs? I've tried testing it but it only works with EURUSD
  • #11
  • Aug 2, 2020 12:14am Aug 2, 2020 12:14am
Is it possible to get the MQ4 File?
  • #12
  • Aug 2, 2020 2:43am Aug 2, 2020 2:43am
It is great to share, however sometimes the true motives are not seen. Yes the OP writes about testing the systems together and them having no restrictions.
I want to mention a few points that do not seem right, so others can take care in deciding to invest their time here.

-EA's that execute a trading system, such as a grid are generally less than 200kb in size. This EA is 1,400kb.... Why?
-Grid systems that work based on indicators should roughly have same functions on what ever data you feed them. Using a symbol with EURUSD.XXX the EA does not take as many trades. The data is very close, yet the first trades are placed at different spots.
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-Redundancies in EA's do happen, but having 5+ copies of almost every basic indicator under the sun in one's EA is not cool...This is the main chart window for those who want to see an example of what the above EA generates.

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The below is stated in bold by the OP
Quote
Please note there are no restrictions on usage of EA...Its all Free And Unlimited

But clearly there are restrictions see image proof below or try it your self on EURAUD:
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There is a mention of "License" and the EA is restricted to run on this symbol (EURAUD).

There is perhaps commercial intent present here and thread should be moved from systems to commercial section.
"Work hard, put in the effort, and follow your dreams..." -Me
  • #13
  • Aug 2, 2020 2:50am Aug 2, 2020 2:50am
Quoting tzamo
It is great to share, however sometimes the true motives are not seen. Yes the OP writes about testing the systems together and them having no restrictions. I want to mention a few points that do not seem right, so others can take care in deciding to invest their time here. -EA's that execute a trading system, such as a grid are generally less than 200kb in size. This EA is 1,400kb.... Why? -Grid systems that work based on indicators should roughly have same functions on what ever data you feed them. Using a symbol with EURUSD.XXX the EA does not...
Like i mentioned earlier i build the systems specifically using algo building softwares...basically this is what i do i run millions of simulations by scanning through data with history data to find and deploy the best set of trading systems in whole whole of MT4 that made profits and then combine all the systems together to build a portfolio..the whole source code is auto generated i barely write the code...i use a module to generated the codes which automatically binds the trading system to the symbol on which its was developed on....
  • #14
  • Aug 2, 2020 2:53am Aug 2, 2020 2:53am
What happens is all the indicators on MT4 are deployed at the same time and only a few are used for entries depending on the kind of market condition the market is being faced with and the best entry which will be deployed to face that market condition based on historical winrate of that indicator in the past..
  • #15
  • Aug 2, 2020 2:57am Aug 2, 2020 2:57am
Quoting tzamo
It is great to share, however sometimes the true motives are not seen. Yes the OP writes about testing the systems together and them having no restrictions. I want to mention a few points that do not seem right, so others can take care in deciding to invest their time here. -EA's that execute a trading system, such as a grid are generally less than 200kb in size. This EA is 1,400kb.... Why? -Grid systems that work based on indicators should roughly have same functions on what ever data you feed them. Using a symbol with EURUSD.XXX the EA does not...
Thats very much for the constructive criticism bro..makes absolute sense to ask questions when something does not seam right...all i know is i scan to find a bunch of grid entries from almost all kinds of indicators on mt4 platform and combine them into a portfolio and then build 1system out of it by assigning each indicator a special magic number so each indicator operation is solely independent and there is no conflict of interest..just decided to keep the original post short and not complicated and confusing...
  • #16
  • Aug 2, 2020 2:59am Aug 2, 2020 2:59am
Quoting tzamo
It is great to share, however sometimes the true motives are not seen. Yes the OP writes about testing the systems together and them having no restrictions. I want to mention a few points that do not seem right, so others can take care in deciding to invest their time here. -EA's that execute a trading system, such as a grid are generally less than 200kb in size. This EA is 1,400kb.... Why? -Grid systems that work based on indicators should roughly have same functions on what ever data you feed them. Using a symbol with EURUSD.XXX the EA does not...
Sorry maybe the right description should have been a multi-entry point strategy instead of confusing myself with the term "Grid"
  • #17
  • Aug 2, 2020 3:15am Aug 2, 2020 3:15am
Thanks for the EA. Forward testing will reveal the true potential.
  • #18
  • Aug 2, 2020 3:44am Aug 2, 2020 3:44am
hiy looks great! nice work
However I am running the expert on 1 hour eurusd and it raded and made profits then in the backtest
its gone 21 days and no trades - Am I doing something wrong?
  • #19
  • Aug 2, 2020 3:52am Aug 2, 2020 3:52am
I mounted your ea, test start tonight, thanks for sharing.
sorry for errors, use translator
  • #20
  • Aug 2, 2020 4:01am Aug 2, 2020 4:01am
Quoting TraderTero
Thanks for the EA. Forward testing will reveal the true potential.
Yes we all hoping for the best if its able to retain even 1-10% of the backtest returns it will be amazing
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