100% Win Math Grid Ea

InstalForex is seem good because fix spread but be careful search to make sure this not scam broker.

I have done tests for some months and would like some coments on them, it looks good, but the question is, does it work in real trading,
I will try to upload

trying to upload

Guys, if you have some questions, shot......

http://www.forexfactory.com/showpost...&postcount=358

Sir,

I cant load this grid Ea

pls suggest me

regards,

Vasudevan

save as, in expert adviser folder, close down computer, open again

attach on the chart

ATTENTION........All Traders

Currently,most Broker is up-grading to 5 decimal pricing including IBFX starting on May 16th.This EA is workable only on 4 decimal unless we have changed the CODES.Most EA WILL AFFECTED.

Ive tested this EA since last year.Alpari UK currently using 5 decimal.

Regards

Twinsummit

actually, they are downgrading.

5th decimal is useless and a pain in the butt; screws up indicators and makes the mouse useless. and who cares about percentages of a pip? only a micro-momentum scalper and brokers will not allow scalping.

5th decimal is a bad joke - the mt4 brokers must be laughing since they slip you ten times that on every trade. it's just another broker scam.

this is a good example of stupid technology; "let's do it because we can, not because it is useful." any broker that sticks with 4 decimals will instantly get a competitive advantage.

I have been using the original EA for some time now on two demos, one EUR/USD and the other three pairs E/U, E/G and U/J. Both working well on 5k start accounts. Nowhere near margin max. Markets seem to move and gain a profit about once a day on average. So no losses.

It seems to me the failsafe is to add code or a shut off/close feature that when margin, not losses, but margin, gets to 60% or so of equity close all positions and dont trade again til next sunday night. High margin does not equal high loss so the liklihood if it happens at all is that a small loss takes place and then you wait for a new week and a new market and start again. Most of the time this seems to be an ATM. If losses can be managed like described above there should be no problems as far as I can tell.

I am not sure if this will automatically work under the new no hedging rules. It might and just carry the net position which should give the same results. Just my observations. I have not seen this discussed to date. Generally the additions to the original code on this forum do not seem to work properly which is why I stuck with the original grid.

Hi All, I've just read through this thread & some really great & informative postings. Been running Mgrid ver7 for past month on 3 different sized demo's to try & get a picture of where it comes from & where its going, the results are very impressive a $1700 account now at $3296, two smaller accounts averaging $50 a day.
My obvious concerns now are this much talked about wipe out your account reversal, although the same could be said about many commercial EA's, I to got sold the FAP EA & got wiped out overnight, real money to.
There must be some way to shut the EA down in the wrong conditions, I've read many threads on FF were programmers have resolved seemingly more difficult challenges than this, anyhow here's hoping.
By the way thanks ForexFlash for your hard work I'm sure this EA can work long term eventually.
Just one more thing if I close the EA during adverse conditions how best to do that, do I just un-tick the allow trading box or do I also delete the pending orders any advise would be very much appreciated.
Thanks Paul

paul0926



You just have to delete one of the trade and it will automatically close all open and pending positions...

This Trading is original from Williama Trading System in Forex Peace Army (Manual Trading).

Thanks twinsummit.
Paul

Hi Forex Flash

1.)
I have been testing the MGrid version 7.

My settings include 1 (preferred) or 2 levels. When I start the EA, it places 2 orders on the buy and 2 on the sell. - The question is: How can I change the distance between the first two orders and the price (the center needs narrowing - not 20 pips). In other words I am trying to narrow the distance traveled to close/stop the trade? (need a micro grid) I think the program is very effective until it blows up. I have watched it and the reason it blows up is because it lasts too long in the trade allowing too many positions to be added. Mainly it appears to happen on a (laying down - S Wave). It starts to go a direction but doesn't go far enough to close it. The take profit should be so close, it can't help to hit it.


2.) The Ea is set up on a break out method - buying into strength and selling into weakness - buy orders above, sells below. I tested another Grid system and found a non breakout method works better over the long term. So I would like to have the buys below the price and the sells above the price. (Buying into weakness and selling into strength).
Rather than going through the program (or writing a new one) changing all the buys to sells and visa versa, it would be nice to have a switch to switch between the two methods. I think both methods have benefits at certain times. This brings me to my next question:

It would be really nice to have a built in clock(s) so I can choose to open during times New York, London etc. And then being able to have the program change to breakout method during those times and back to regular (buy low, sell high) after these times.


In slow times it appears regular methods work best and during volatility the break out method works best.

I want to write my own program but I just started my online MSQL education and I am no where near able to. So if you can help with these questions, that would be great. I like the Ver 7.

Thanks

Curt L

I have been running the original math grid on EU and JPY for some months with overall good results. The only downside to the EA appears to be the cumulation of positions during less volatile times.

One way of dealing with this that appears to be of value is to decrease the amount traded but also go to 200:1 leverage. That leverage has much lower margin requirements than 100:1. I have not seen anyone mention that in these discussions. One broker MIG does not "charge" margin at all during the week, only on weekends, but does not offer micro accounts.

My goal is to make this as much of an ATM as possible and the above has helped a lot.

Also, the statements of account blowing up are not accurate in my experience, unless maybe severe overtrading for account size. I have had decreases in equity when using 100:1-- the margin was exceeded but that did not cause the account to fail as a whole. Margin can be large without large open losses in the account. This aspect has not been discussed very much.

Just some thoughts on my experience with demo accounts.

hi, thx for sharing ur EA. if it makes money for me, i shall hail u as saviour of mankind.... lol, j/k

btw, do this technique require extensive money management? and plz tell us ur recommed settings, i mean like 5000usd and 1 lot, or 3000 usd for 0.5 lot.

i know hedge math grid wont lose out theoritically. but in real life hedge technique will sometime lose due to poor money management (margin call), price requote, terminal disconnection with server, computer hardware issue, and tons of other possible reasons...

I am using fxdd demo. I would like to use an ECN but have not found one with micro accounts and 200:1 leverage. I am using the original math grid EA. I had some trouble with the later versions working properly. I am not sure why.

If there is a feature in the later ones that is an improvement please let me know.

I am only trading eur/usd and usd/jpy. They seem to complement each other. I am using .03 and 200:1 leverage on a 5k account. FXDD still allows hedging so the original EA works. I do not know if it will work or need re coding if hedging is not allowed. The trading concept should work either way.

I have not tried changing the 35 pip distance to 25 or some other number. That might close positions faster and lower max margin. I am just not sure. My email is [email protected] if you want to correspond directly on this topic. Computer disconnects etc. do not seem to matter much as far as I can tell. From my point of view there is no other management, money or otherwise, at all. I just turn it on sunday eve and off friday night.

I am still looking for further ways to reduce margin but the above has been a big improvement. Going live I might go down to .02. I have also thought of using even higher leverage and lower contract size but not sure that will be allowed in the future so I did not want to depend on it. Higher leverage equals lower margin oddly enough.

I noticed something funny today with my IBFX demo account and this EA. It won't open orders in both directions for the same pair. I looked at the code and it seems fine, so I tried by hand to open some buy stop orders way above the price action and sell stop orders way below price action. Bottom line is once I create 1 buy stop order, I can't open any sell orders. I'm not trying to have 2 positions open at the same time in opposite directions on the same pair, I'm just trying to bracket with break-out orders.

What gives? Is this due to the NFA ruling about hedging?

Yes

Well that's just gay. I can still do the same operation on Oanda. How are we supposed to trade range breakouts then?

I've been having Oanda problems lately and was *this close* to switching to IBFX. Good thing I was cautious.