100% Win Math Grid Ea

I was wondering if it would be possible to code in instructions to the effect that after a certain time frame or margin utilization, then next time the cumulative balance of all trades equals 0 Plus X (where X can be externally selected) in other words the next time it's at X amount in profit then the EA closes all trades and pending orders

James

Pisara, I read your PM. I will reply here so that everybody is kept up to date.

IMHO your math (summing the number of orders across cols G thru O, and then multiplying by the number of increments in col E) is 100% correct. However, I can't check whether columns G thru O reflect ALL of the pending orders that would have been generated by the EA. For example, when price reaches Sell Lvl 1 in cols J & K, two sellstops would have been triggered, but you appear to be generating only one new set of buystops (col L). I don't know if this is correct or not. To find out for sure, I would need to spend a significant amount of time reverse engineering the code to see exactly how the algorithm works. For the reasons I've already stated, I'm not willing to do this. I'm too busy working on other projects.

David

Thanks David for prompt reply, best wishes for success with other projects.
I think FF is able to answer those questions before someone will re-write the algorithm from the scratch yet again

To get answers one have to dig a bit deeper. There are multiply orders with the same price levels and different total lots. How many pending orders each of them or all same-level orders together generate and why so...

Thnx Ff!!
All has been good this week,
I tried the mcGrid EA on GBP/USD and EUR/USD on demo,
works well in a trending market like this week,

Here I got some information on how my account did..
I'm now also trying it on GBP/JPY,
Got some shorts going on w/TP 181.34,
I really am curious what will happen to my account if it goes the other way around before TP gets hit,
Maybe it will blow my account??
the SL's are so far away,it looks scary.

My settings are increment 100,and 6 grids,
as Ff recommends these setting I read somewhere I guess..

I started the week with about 6800$play money,
It is now 8016 excluding my open positions which will make it 8400,really cool,never had an EA that worked properly so let's hope for the best,

If I keep it running on my demo account,I could possibly,
post some info again,if it is allright?

2008.09.30 14:34 sell 0.10 eurusd 1.4283 1.4785 1.3985 2008.10.01 15:20 1.3985 0.00 0.00 -0.60 298.00 2008.09.30 03:10 buy stop 0.10 eurusd 1.4583 1.3983 1.4783 2008.10.01 18:54 1.4046 cancelled 2008.09.30 15:39 sell 0.10 eurusd 1.4183 1.4785 1.3985 2008.10.01 15:20 1.3985 0.00 0.00 -0.60 198.00 2008.09.30 03:10 buy stop 0.10 eurusd 1.4683 1.3983 1.4783 2008.10.01 18:53 1.4047 cancelled 2008.09.30 16:50 sell 0.10 eurusd 1.4083 1.4785 1.3985 2008.10.01 15:20 1.3985 0.00 0.00 -0.60 98.00 2008.09.30 03:10 buy stop 0.10 gbpusd 1.8154 1.7654 1.8454 2008.10.01 18:53 1.7778 cancelled 2008.09.30 16:43 sell 0.10 gbpusd 1.7954 1.8457 1.7657 2008.10.01 16:19 1.7657 0.00 0.00 -1.70 297.00 2008.09.30 03:10 buy stop 0.10 gbpusd 1.8254 1.7654 1.8454 2008.10.01 18:55 1.7777 cancelled 2008.09.30 16:59 sell 0.10 gbpusd 1.7854 1.8457 1.7657 2008.10.01 16:19 1.7657 0.00 0.00 -1.70 197.00 2008.09.30 03:10 buy stop 0.10 gbpusd 1.8354 1.7654 1.8454 2008.10.01 18:53 1.7778 cancelled 2008.10.01 14:04 sell 0.10 gbpusd 1.7754 1.8457 1.7657 2008.10.01 16:19 1.7657 0.00 0.00 0.00 97.00 2008.09.30 15:04 buy stop 0.30 eurusd 1.4683 1.3983 1.4783 2008.10.01 18:56 1.4048 cancelled 2008.09.30 15:04 buy stop 0.20 eurusd 1.4583 1.3983 1.4783 2008.10.01 18:53 1.4046 cancelled 2008.09.30 15:04 buy stop 0.10 eurusd 1.4483 1.3983 1.4783 2008.10.01 18:52 1.4041 cancelled 2008.09.30 16:43 buy stop 0.30 gbpusd 1.8354 1.7654 1.8454 2008.10.01 18:56 1.7777 cancelled 2008.09.30 16:43 buy stop 0.20 gbpusd 1.8254 1.7654 1.8454 2008.10.01 18:53 1.7779 cancelled 2008.09.30 16:43 buy stop 0.10 gbpusd 1.8154 1.7654 1.8454 2008.10.01 18:55 1.7779 cancelled 2008.09.30 16:50 buy stop 0.30 eurusd 1.4683 1.3983 1.4783 2008.10.01 18:54 1.4046 cancelled 2008.09.30 16:50 buy stop 0.20 eurusd 1.4583 1.3983 1.4783 2008.10.01 18:52 1.4042 cancelled 2008.09.30 16:50 buy stop 0.10 eurusd 1.4483 1.3983 1.4783 2008.10.01 18:53 1.4047 cancelled
0.00 0.00 -5.20 1 185.00
1 179.80
Open Time Type Size Item Price S / L T / P Price Commission Taxes Swap Profit 2008.10.02 02:07 sell 0.10 eurusd 1.3944 1.4446 1.3646 1.3831 0.00 0.00 0.00 113.00 2008.10.02 14:35 sell 0.10 eurusd 1.3844 1.4446 1.3646 1.3831 0.00 0.00 0.00 13.00 2008.10.01 22:27 sell 0.10 gbpjpy 187.34 195.40 181.40 185.60 0.00 0.00 -8.99 165.39 2008.10.02 09:20 sell 0.10 gbpjpy 186.34 195.40 181.40 185.60 0.00 0.00 0.00 70.34 2008.10.02 14:58 sell 0.10 gbpjpy 185.34 195.40 181.40 185.60 0.00 0.00 0.00 -24.72 2008.10.02 01:55 sell 0.10 gbpusd 1.7678 1.8181 1.7381 1.7642 0.00 0.00 0.00 36.00 2008.10.02 14:53 sell 0.10 gbpusd 1.7578 1.8181 1.7381 1.7642 0.00 0.00 0.00 -64.00
0.00 0.00 -8.99 309.01
Floating P/L: 300.02

Gross Profit: 1 179.80 Gross Loss: 0.00 Total Net Profit:
Profit Factor:
Expected Payoff: 196.63 Absolute Drawdown: 0.00 Maximal Drawdown: 0.00 (0.00%) Relative Drawdown:
Total Trades: 6 Short Positions (won %): 6 (100.00%) Long Positions (won %):
Profit Trades (% of total): 6 (100.00%) Loss trades (% of total):
Largest profit trade: 297.40 loss trade:
Average profit trade: 196.63 loss trade:
Maximum consecutive wins ($): 6 (1 179.80) consecutive losses ($):
Maximal consecutive profit (count): 1 179.80 (6) consecutive loss (count):

Hey Forexfalsh,
Fun little EA you have there, I've been playing around with it all week with micro lots for grins and giggles. I was wondering about one input add-on? How 'bout a PRICE option so you can choose the level from where you'd like to start? I've been doing my best to turn the EA on at S/R levels from where I feel price will break one way or the other. It would just be nice to have it already preset instead of having to run to the computer when the desired price hits and hope you turn it on at the right place.

Your thoughts?
Thanks in advance,
-Jim

All ideas are welcome.....you can do to the EA everything you want,
just post the changes here so I can test it too!!!
I have so many things doing now, and I really dont have a time to code additions to this EA for now!
There is no best setting for is this ea becouse what works one time, doesnt mean that it will work next time!

Since ForexFlash doesn't have time or isn't offended by my idea, plus I don't have any experience writing EA's, is there anyone that can help me with the below addition?

Hi FF, and David (Hannover),

This is a really really brilliant idea implemented into EA. It's true.
Attached is the graphical final results of my back test.

1. mGrid20x3-20080115-20081003.gif, which means that I've tested it from January 15, 2008 till Today October 03, 2008, and the result was stunning, though it created profit $36 254.63 out of $10 000 as the initial balance, it has heavy burden of Absolute Drawdown of $2002.13 and Maximal Drawdown of 46.59%. The biggest problem is on September 16, the market was so tremendously sideways, and this Robot opened up to 422 positions and closed on the same day and it was so exhausted. Furthermore on Sepember 28, again, it opened up to 247 positions and it looked nearly slipped away from its track. It was tested with Increment=20 and Level=3. I didn't include the Detail Report because it is too big to be attached here, it is 13 331 KB.
2. mGrid20x2-20080115-20080303.gif, I've tested it with the same time frame starting from January 15, 2008, but I stopped it when it was really slipped away on March 03, because our Robot lost his/her way by lossing $-2908.01, with Absolute Drawdown of $3417.51 and Maximal Drawdown of 47.37% after opening 366 positions. It was tested with Increment=20 and Level=2. The Detail Report is as big as 3 697 KB.

I still believe that this EA is so clever, and only needs our final touch to make it more robust in facing such a "Deadly" market for him/her.

Well technically it is the best grid EA I've ever seen. It has no indicator, no-fundamental, and nothing else, but just mathematical computation.

But I though, I've an idea, but as well as perhaps it won't help, like, if we place a breakeven function maybe helpful for this Robot. So after 1 or 2 same direction positions hit and it doesn't reach the profit taking point, it closed. And it started again. This idea is just come out after I watched it closely by visual mode while back testing it. Especially on those 3 days when our Robot hit by Sideways. Well, I'm also not so sure according it, but maybe you all will try to observe it quite deeper.

Okay FF and David, this is the great one for sure. I'm thanking you a lot, but I can help any further with writing any script on it, coz I don't have such skill of it.

I have to agree. This is a lovely little EA. I've been trying it (in demo) for just 3 hours and I'm already 800pips+ up (400 banked)!

Amazing.

3 hours does not a trader make though...

Good work!

David

Hi d-Squared,

It's true, here is my running forward test currently running on Standard Demo Account of Interbank-FX and only within 10 hours just now.

Okay FF and David, this is the great one for sure. I'm thanking you a lot, but I can help any further with writing any script on it, coz I don't have such skill of it.[/quote]


Which leads to my previous question. Is there anyone stopping by this thread that would be interested in writing some alternative/additions to this previously very cool EA, so that we may experiment with final touches????

Hi FF and David,

Can we for example add up ending time of trading? We've got already the starting time of it. And is it possible to make the entry and/or ending time up to the minute? i.e.: starts at 00:15 up to ends at 11:30?

Thanks.

I want to thank all posters here for interest and ideas regarding this method!
You are responsible for getting back my interest in this ea...........
so today I haved 5 mins free and started to play with code(again), and add a variable that closes all the trades based on total actual loss.
Now you will earn less money, but the killer trade that will blow your account will not happen! Now we have a option to edit the amount of loss of total trades, and when that amount is reached, all trades will be closed.
We bassicaly "removed" the killer trade, but now there is a bigger number
of smaller loss trades. I tested this with few pairs and Ea was profitable
with all of them, using only 500usd account, and 0.1lots.
Wining trades seems to overcome the lossing trades, so it seems that
on long term this seems to be really profitable strategy.
I really need to test this for a few days, and maybe code it even more
before I post the Ea here. Wish me luck.
ps. the thread name now will be more like 80% Win Math Grid Ea

Respect

Good luck, and thanks for freeing up some time and being interested. Do you think you can find the time to code some of the other suggestions, like the entry price option I had mentioned?

I would really appreciate your efforts.

Thanks in advance,
Jim

Hi FF,

Please not to down grade our mission, as far as we can win whatever the profit, still we can call it 100% win, even we are in a drawn situation, we are not losers though.

Thanks for your hard time, and of course we all wish you luck.

Thanks!
Now I need all your help to test this baby and tell me what all of you think!!!
Now you have a extern variable Open_Loss_To_CloseTrades, wich close all
the trades on specific amount of total loss! I also enabled partial take profit.
I tested this, and the amount of loss is very important, for every
different variable edited, you will need to edit total loss......
I sugest to use 3levels, play with increment yourself, but I dont think that
increment lower than 40 is good........Totall loss should be min 25% of your account, but it is very important what increment and size of lots you use.
You really need to play with this to understund how to edit variables.
Please test this ea as many times and variables you can, and post results here...I think that this ea can make money for all of us if we get it right!!!

I've had some success with these settings for last month:

EUR/USD
ACCOUNT SIZE: 500
INCREMENT: 35
LOTS: 0.01
LEVELS: 3
CONTINUE: TRUE
OPENLOSSTOCLOSETRADES: -250


obviously the -$250 is a bit high as it is 50% of my account, but really who doesn't have $500 laying around to spare? If you don't, finding the Holy Grail of FX trading is the least of your concerns. I would just say use this EA to get up to $1k, withdrawal $500, and play with house money. When trading I've realized you have to disassociate yourself with the thought of winning or losing money (a hard thing to do i know), but that way you don't think you're invinceable when you win and miserable when you lose. you should never make trades that will break the bank or break your back.


I find this EA has alot of potential if we can get some indicators involved to make it aware of oncoming spikes in market prices. and by some, i mean 2 at most. I can't begin to tell you how many EAs I've seen that are completely ruined by the addition of too many indicators. ADX might help, along with Murrey Math Lines.


Total net profit = $530.18 from 9/1/08 -10/3/08

Hi all.

Good to see y'all using weekend time to do some serious thinking.

Now, we know that periods of little price movement (our big problem) are always followed by periods of larger price movement (what we want) and of course vice versa. So one way of trading this EA very very conservatively is to select " CONTINUE " false and then only enter trades when something like 4 Hour Bollinger bands show reduced volatility (sorry to FF for bringing indicators back into the mix). Have a look see what you think.

James

Hi el salon.....
That is exactly what am I doing when live trading this ea
The problem is that I didnt manage to code it.....
Maybe some good soul would help us here with coding issues!?

In addition to the general requests in this thread, I’ve had a couple of PMs asking me to modify this EA.

I have four current or pending programming projects (for “Mike”, “Jason”, “Andrew”, “Geoff” – they know who they are ) in my work queue. If any one of these EAs turns out to be sufficiently profitable, then I will no longer need to trade manually, which will free up a huge number of hours, giving me more time for programming.

I agree that FOREXflash’s “cascading orders grid” EA is a very ingenious MM concept. When I have some time (LOL), I would like to take this concept, develop it further in my own way, and then post the end result here for everybody. I don’t believe that it’s possible to eliminate the possibility of loss altogether, so I may only ever trade this one in demo myself, but it seems like a fun programming project.

The ideas that I’d like to implement are –

1. See post #51. I believe that the order generation algorithm can be made more efficient. As orders at each price level are triggered, only enough buystop/sellstop orders need to be placed to bring the net result to +1, when either TP/SL is subsequently reached. It might also be possible to re-design the concept so that, instead of adding pending orders in one direction, we simply delete previously created pending orders in the other direction. But I need to give this a lot of thought.

2. Use TA-based concepts to have the EA enable itself when volatility appears to be increasing (along the lines of those I mentioned back in post #36, and/or like El Salon’s in post #78), and then disable itself until these conditions re-appear. I will code in such a way so that the “cascading orders grid” becomes an MM plug-in for any entry method.

Anyway, I have no idea when I’ll get around to doing this. Please be patient.

David