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100% Win Math Grid Ea

  • #401
  • Jul 31, 2009 7:39pm Jul 31, 2009 7:39pm
Quoting plasmapants
I've been running my own version of mgrid on a live account for a while and not had any problem with it.

The key is not to get greedy and keep you lot sizes small in comparison to the equity.

I start at the weekly open and look for 4 sequence closes before shutting it down regardless of wether that happens on a wednesday or thursday. I never leave any trades open going into the weekend.

I am running it on GU and EY. For GU i am using 0.04 lot size and for EY i am using 0.01. My starting equity was $6k. On average i am netting $4-500 per week....

what are your settings for the ea. increments, levels.
  • #402
  • Aug 1, 2009 6:18am Aug 1, 2009 6:18am
i am using 3 levels with a 30 pip increment, so every 120 pip move from the weekly open closes a sequence.
bull in a china shop
  • #403
  • Aug 3, 2009 2:02pm Aug 3, 2009 2:02pm
Since the "No Hedging" rule, how have you been able to implement this strategy?

Walt
  • #404
  • Aug 3, 2009 3:55pm Aug 3, 2009 3:55pm
I am using a uk based broker. The hedging rules only effect us based accounts.
bull in a china shop
  • #405
  • Aug 4, 2009 7:43pm Aug 4, 2009 7:43pm
so ive tried several increment levels, and it seems the 3 levels works the best. i dont exactly know the formula this ea uses to produce orders, but it seems that during a rangey market there will be many orders on the board. in a 2 or 1 level there maybe a miscalculation. there were a couple of instances where a demos price action would hit the take profit level and still come out with a loss. this hasnt happened on a 3 level so far. im running several demo accts with differnt strategies. one strategy is to turn on the ea at the openings of asian, european, and usa, with the continuous function set to false. the other runs 24/7, continuously. both strats have been producing good results. and as for the increment amount, its 15 minus spread. i hope everyone helps out and demos this ea with those settings. DO NOT USE THESE SETTINGS WITH REAL MONEY!!


INCREMENTS: 15 MINUS SPREAD
LEVELS: 3
LOTS: THE LOWEST AMOUNT POSSIBLE
  • #406
  • Aug 5, 2009 9:17pm Aug 5, 2009 9:17pm
does anybody here have codeing skills? i need the original mgrid ea to execute at a specific price and then execute again every 50 pips there after. my strategy for this is to get in the trade and be out before the next 50 pip increment.
  • #407
  • Aug 8, 2009 3:24pm Aug 8, 2009 3:24pm
Quoting plasmapants
I've been running my own version of mgrid on a live account for a while and not had any problem with it.

The key is not to get greedy and keep you lot sizes small in comparison to the equity.

I start at the weekly open and look for 4 sequence closes before shutting it down regardless of wether that happens on a wednesday or thursday. I never leave any trades open going into the weekend.

I am running it on GU and EY. For GU i am using 0.04 lot size and for EY i am using 0.01. My starting equity was $6k. On average i am netting $4-500 per week....
Hi,

I don't exactly understand your strategy with the sequences. So you use 30 pips increment and then when the market moves 120 pips one sequence closes, right? And then you do wait for the market to do that another 3 times? How big is your DD? Have you ever wiped out your account with this EA?

Regards

Archie
  • #408
  • Aug 8, 2009 5:26pm Aug 8, 2009 5:26pm
Hey Archie,

I set the increment at 30 pips and use 3 levels.

So if the price moves 120 pips from the starting price i have a sequence close.

I run the grid continuously so a new sequence begins when the first closes, so if the price moves another 120 pips up or down from where the previous sequence closed, a second sequence is closed and so on.
bull in a china shop
  • #409
  • Aug 8, 2009 5:30pm Aug 8, 2009 5:30pm
Quoting plasmapants
I've been running my own version of mgrid on a live account for a while and not had any problem with it.

The key is not to get greedy and keep you lot sizes small in comparison to the equity.

I start at the weekly open and look for 4 sequence closes before shutting it down regardless of wether that happens on a wednesday or thursday. I never leave any trades open going into the weekend.

I am running it on GU and EY. For GU i am using 0.04 lot size and for EY i am using 0.01. My starting equity was $6k. On average i am netting $4-500 per week....
Hi!
If you don't mind what was your starting equity and do you have a micro (1 pip =10 cents) or nano ( 1 pip = 1 cent) account?
Thanks.
  • #410
  • Aug 10, 2009 7:57am Aug 10, 2009 7:57am
It would be interesting to know from those who have experience with this EA... does this work better on ranging... or trending markets?

Thanks in advance.
  • #411
  • Aug 10, 2009 8:35pm Aug 10, 2009 8:35pm
Quoting hazel1919
It would be interesting to know from those who have experience with this EA... does this work better on ranging... or trending markets?

Thanks in advance.
This EA is only for the Trending markets, Ranging market will eat up your margin very fast.
  • #412
  • Aug 17, 2009 8:28am Aug 17, 2009 8:28am
as recently posted here in this thread, there is big drawdown. and the only way you can play this ea is if you have a huge balance in relation to the size of your orders. for example, im currently running a standard demo acct with 50,000 dollars, 2 pairs, both with minimum orders of o.1 lots. and the returns are insane! yes there is dd. but 50 grand is enough margin to play with. so for all of us poor guys we have to find a reputible mt4 broker that offers micro accts with a no maximum open orders. does anyone out there know of any such broker?
  • #413
  • Edited Aug 18, 2009 6:10am Aug 17, 2009 9:23pm | Edited Aug 18, 2009 6:10am
Quoting killz808
as recently posted here in this thread, there is big drawdown. and the only way you can play this ea is if you have a huge balance in relation to the size of your orders. for example, im currently running a standard demo acct with 50,000 dollars, 2 pairs, both with minimum orders of o.1 lots. and the returns are insane! yes there is dd. but 50 grand is enough margin to play with. so for all of us poor guys we have to find a reputible mt4 broker that offers micro accts with a no maximum open orders. does anyone out there know of any such broker?

i got a tip that alpari uk does have micro accts, but allow only 2 standard lots of open orders at a time. does anyone know of a broker with no limits on open orders?

update: alpari uk does not accept usa applicants
  • #414
  • Edited 7:24am Aug 18, 2009 6:21am | Edited 7:24am
im still looking for a reputible broker with micro lots. until then ill update everyone on my results. im running original mgrid ea. started this week, but entered 12 hours after the opening. should have been an extra $400-$600 more during that 12 hour span. as of writing ive been running this ea for 24 hours. ill update whenever i find the time.

inital amount: $50,000
pairs: eur/yen gbp/usd
increments: 10
levels: 3
lots: 0.1
current amount:$51,044.22
maximum drawdown: 2.58%
free margin drawdown: 26%

i know it is not wise to have the increment level that low. but it is a demo and we need to see how bad the drawdown is. ill leave it at 10 until it blows the account or if i see it hit 50%. 20 and 30 is the next testing phase. for those of you that noticed, i did list the free margin drawdown. when that thing hits a 100%, and you see pink, the ea will not execute any pending orders, hence the math will be wrong and will end up with a loss once profit/stop loss has been hit.
  • #415
  • Aug 18, 2009 8:38am Aug 18, 2009 8:38am
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
Quoting killz808
as recently posted here in this thread, there is big drawdown. and the only way you can play this ea is if you have a huge balance in relation to the size of your orders. for example, im currently running a standard demo acct with 50,000 dollars, 2 pairs, both with minimum orders of o.1 lots. and the returns are insane! yes there is dd. but 50 grand is enough margin to play with. so for all of us poor guys we have to find a reputible mt4 broker that offers micro accts with a no maximum open orders. does anyone out there know of any such broker?
Did u look @ gomarkets in Australia?
  • #416
  • Aug 18, 2009 9:26am Aug 18, 2009 9:26am
Quoting onu
Did u look @ gomarkets in Australia?

i havent yet, but i will look into it. just got done talking to fxdd reps. they still allow hedging until there is a ruling by the nfp.
  • #417
  • Aug 18, 2009 11:11am Aug 18, 2009 11:11am
I don't think EA MT4 works really for forward testing. The only way is to test it real time. I did many of those 2002-2004 and in live trading over 3 months all lost the account (demo a/c).

But you never know. Test it live. not back test.
Good luck.
  • #418
  • Aug 18, 2009 4:57pm Aug 18, 2009 4:57pm
Quoting tinkywinky
I don't think EA MT4 works really for forward testing. The only way is to test it real time. I did many of those 2002-2004 and in live trading over 3 months all lost the account (demo a/c).

But you never know. Test it live. not back test.
Good luck.
all forward testing is done on demo. i dont use the backtester.
  • #419
  • Edited Aug 19, 2009 12:32am Aug 18, 2009 5:03pm | Edited Aug 19, 2009 12:32am
yesterday, there was alot of volatility. and of course this ea made money. here is my results.


current amount:$51,527.27
  • #420
  • Aug 19, 2009 8:39am Aug 19, 2009 8:39am
another volatile day. i think its safe to say that this thing kicks ass, as long as have a huge margin. ill start a new demo with 3 levels 20 increments. ill also set the ratio level to 200:1. margin shouldnt be a factor at that level.


current amount: $52,330.00
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