100% Win Math Grid Ea

good morning all,

there seems to be a bug in viper 2.4....
yesterday evening i had a balance of $10060.66 today morning only $10028.24...


this is really strange for a allways winning grid system

i'm trading only 0.01 lots, and it was on the G/U....

so marging was not a problem, and i dont find any strange messages in the history/journal....

any hints how we can find out where the problem is?

best regards
costal

latsoc,


Can you copy your input parameters here so we can have a look.

It will just be a setting issue thats all.

I just finished my first demo test using setting mentioned in above threads.

Results:::

EU - Levels = 3, increments = 5, first increment = (-5), lot size = 0.1

Result = $20

This is my target each day :-))

Only 5 orders were opened. 4 winning buy orders and 1 losing sell order.

More to come as the night progresses

Thanks guys.

As it stands, i think this EA will perform well when just utilised in the following areas:

- Strong Support/Resistance levels

- Round numbers

- Pivots


The above should create good opportunities to maximise the performance of Vipers EA generating a high % win ratio. As it currently stands, i personally wouldn't run it 24/7 but rather pick possible targets where strong volatility is usually present. Look for breaks/reversals or the input of big money (usually the round numbers or pivot points).

Food for thought.

Do you realize that wit these settings, you will immediately open a buy and a sell at the same price level, the pivot. You are essentially running a 2 level grid and any profit from your level 1 buy will be offset by your level 1 sell. I'm not sure I understand what the point of that is.

Is this what you wanted ?

Viper

I realized looking back at the trade that something was wrong. Anyways, please have a look at the attached chart. The setting are as below::

levels = 3
Increments = 10
Increment adjust first level = (-3)
Openlosstoclose trade = (-1,000) ~~ this is because this demo offers minimum 0.1 lot. on my real account this would be -100 on 0.01.
Maxlots = 10 (on my real account, it would be 1)
MaxSetEntryCount = 1

I'd like to hear back from anyone who's using the trend or volatility filters with the EA, and how they've enhanced your trades.

Also, is anyone using the high/low watermarks? I'm not exactly sure how to use them, so any help would be apprciated.

Many heartfelts thanks to Tradingviper for all his time and support to this thread!

Hi Viper,

This week i ran v2.3 on gu, 3 levels, 22 pip increment + 5 pips extention (for the bookie!).

I am running 3 grids, starting each grid about 20-25 pips apart.

gu has been fantastic this week, i've lost count of the number of closes, must have been atleast 18, including 3 this morning before the grids auto shutdown for friday (i'm starting to like this feature).

----

about the spread spike, i've only had this problem with upward moves. if we wait for the bid price to reach our sl, rather then closing it on ask price, i think we will still close in profit regardless of the spread.

i've not seen this problem with downward moves.

i've encountered this problem atleast once every week, its more like to happen during the asian session when volatility is low. i've been lucky so far not really incurring any massive losses, but if the sl gets spiked so your sell orders are closed, your buys are still open and then the price starts falling away, then it could spell big trouble.

someone mentioned on the previous page about a sequence closeing in loss. i suspect this was probably the cause.

another issue when this happens it that it seems to take a long time for the ea to close the remaining open trades, and also it deletes some of the orders, then some of the pendings, then some of the orders. could it be coded to close the open trades first and then the pendings.

-----------

about v2.4.

i've not finished testing this yet so am not using it live, but here are some prelim observs and thoughts.

had a problem with order reliables when i first ran it. not seen the problem again on testing, but am left wondering why it happened the first time i ran it. is their an intermittant bug?

on one occassion i applied it to ey and found it initiated a grid, deleted it, then reinitiated it, then deleted it. It seemed to go in to a cylce several times before finally laying a grid and settling on it. Again only happened once, but it was freaky.

----

multigrid

the comments field has been changed to date/time. i recall you mentioned in one of your earlier posts that this is to avoid more than 1 grid starting at the same time, but if its possible to do that another way, can we keep comments field as the starting price. its just a lot easier to identify the different grids with this.

also i thought of a way of turning vgrid in to multi grid which may work without too much overhaul. when you start a new grid, the ea should scan the existing trades on the chart. if the tp for the new grid is within 'grid gap' (our input for x ammount of pips) of the tp of any of the existing trades then it does not start, or it calculates what it's starting price should be and places the pending orders according to that; thus maintaining the integrity of the multigrid.

---

seems like this thread is about to take off. two whole pages in one day. that got to be a new record .

have a great weekend viper, ozzie and co.


(edit: 2 more posts the size of this one and we'll have 3 pages in one day. anyone want to post some chart pics.)

Hi Traders
I have been demoing on Alpari UK and when I went to open a live account and filed out all the paper work the the response I got back was that I was not an

Eligible contract participant

According to their rules it looks like if your an individual you need to have millions of dollars.

Anyone suggest a good non US broker that allows hedging and I don't need millions of dollars?

Thanks

Strange I know quite a few people on alpari with £500 accounts

Can you think of anything in your application which made you look like they wouldn't want you?

bit surprised at this. I am with alpari and know a few people who have opened accounts recently without any problem. I've been looking at nordmarkets for a while. You may want to try them.

I had heard that Alpari-UK would prefer you to open accounts with Alpari-US. In effect, they are not allowing North American residents to open accounts in Europe (as the non-hedging rules have forced a mass exodus to Europe).

I do all my demo and backtesting on Alpari UK, so I would prefer to stick with them as well. I live in Canada and I hope to open a Live account in the coming months - hopefully I won't have any troubles.

Perhaps it is dependent on how much money you are depositing...

This was their response.

Unfortunately, due to governing laws in the US, we are unable to offer accounts to persons residing in the US unless they can be classified as an “Eligible Participant”. Please refer to http://static.alpari.co.uk/docs/ecp_notice.pdf


(xi)

an individual who has total assets in an amount in excess of--

(I)

$10,000,000; or

(II)

$5,000,000 and who enters into the agreement, contract, or transaction in order to manage the risk

associated with an asset owned or liability incurred, or reasonably likely to be owned or incurred, by the

individual;

I filled out all the forms and they said nothing about them, just that I didn't meet the requirements of the above an “Eligible Participant”.

They told me to contact Alpari USA. I already have an account with Alpari USA, but they don't offer hedging, so I wouldn't be able to run the grid EA there.

If your already a member of Alpari UK you may be OK.

Strange you need millions to open a 300 dollar micro account. Maybe this is something that will eventually happen with all outside US brokers when someone from the US tries to open an account.

reapply and in the box where it asks you your net worth tick the one that says 500 zillion. you dont have to tell them that its in zimbabwean dollars.

Hey Mods, why was this thread moved here? No one here is asking for money or selling any type of service! Just the opposite, Tradingviper and the guys have been giving away thousands of dollars worth of help for FREE!

Please move us back, we don't belong here!...

Thanks for the info, seller9!
So there is some truth to the heresay regarding Alpari-UK and Alpari-US.

Guess I'll have to use Dukascopy when I go live - I believe they allow non-Europeans to open accounts that allow hedging.

Ok guys....Im gona help you here....
First of all, I really dont think that you will acomplish anything with
multiple grid executions....you are just adding to margin requirments
for this to work, and system as is already have huge margin requirment!
We all now what will happen when that scenario happens....either total
account destruction, or in some of later limited versions EA in loss.
Drop the idea of multiple grids!!!
The original math is without flaws, you will get out in profit if you leave EA
to do its work! Now, the problem is huge margin requirment.....
Bassicaly, none of use here probably have sufficient funds to run this EA,
and even if some have, they will probably have sleep disorders!!!
I personaly wouldnt run this live on its own.... it is a ticking bomb.

If you want to work out this system, you dont need to change the original math, you need to think about loss mitigation and probable exit strategies!!!
Also, you should run the starting grid in times where the momentum is building...times of breakouts or significant moves......so, add some logic to it
to execute grids at time of high probability of big market moves.

The hard part is loss mitigation and exiting strategies for high risk grids.....
the ones that have both sides opened and eating margin fast....
you should work out the math to solve this problem, and that is something
like 3 main exit strategies with each having 6 substrategies for loss mitigation.....so, total of 18 pure math exit strategies!

This is that code;

This is how grid works......
EA shifts through 8 pairs, find the best pair based on its range and current properties, chose the best pair,
switch to calculating the deviation and momentum for it, procceds to average range calculations,
chose the best grid increment and execute the grid if momentum is currently true.
After that the original math takes care of rest, unless the high risk scenario
hits our grid. In case of that my new math module disables the old one,
and all that will happen later is about exiting the grid the best possible way....
either for minimal profit, or at minimal loss.

You can clearly see how the loss is minimalized by looking at graph I posted earlier.
The death trade is NOT POSSIBLE!!!
The death trade now is just a small loss......

Since you only interested in v5 elite guys to evaluate your EA I post here...
First I think you did a great job to domesticate the grid beast

I did the same the last 3 years for the marty approach together with 2 friends/traders/programmers. We created a full adaptive EA

http://www.myfxbook.com/members/pc8multifx

Nice results Onu!
It seems that adaptive martingale is right aproach, but only
if you know what are you doing. The best part is, it doesnt matter
where the market will move, news just adds to profitability, no
money management(it takes care of itself), market changes will not
ruin the profitability of ea cos it doesnt use indicator signals and doesnt
need any optimizations.......etc....It seems that this is the only aproach
that will stand the test of time!!!
Im glad that there are some other traders who manage to
make a martingale grid beast into a nice pussycat!

Regards