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100% Win Math Grid Ea

  • #941
  • Nov 29, 2009 2:09pm Nov 29, 2009 2:09pm
Quoting tradingviper
Hi Ogi, I wanted to apologize. I did read your postings but did not examine the source code you posted. I thought they were indicators, not the EA.

I have updated ViperGrid to include a new volatility filter, as Ogi has suggested (I don't have the iRegr indicator so I used standard BBands instead), changed the logic of the price action filters (trend and volatility) so that if ANY are a go we can start a new grid instead of needing ALL to give the go. Added "sweet spot" starting price along with specified starting price so if price goes either...

Hello Viper,

I keep thinking about the improvements you have made to the Viper EA and I am trying to figure out how did you measure the slope. Hope you understand it is not enough to just enter when price has closed outside the bands - you also have enter in the right "direction".
If you put iRegr channel and BB on one chart you will see that BB follows the price more closely and if you have a correction BB middle line will follow the direction of the correction which is against the main trend , while iRegr will give you the main direction. This is extremely important to determine the place of entry or you are going to enter at the wrong time.

Also, I still did not get any answer to the questions I had in the previous posting ( I suppose everyone would like to know that too). If you do not want to reveal the formula that is OK, but at least can you please answer the question about the "Initial Pivot Price"

Thanks and have a great weekend

Ogie D
  • #942
  • Nov 29, 2009 3:30pm Nov 29, 2009 3:30pm
Quoting ogidimi
Thanks Viper,

I do not know if the BB will do the same job. Just in case you want to use the iRegr Indicator I am attaching it here.

Did you have a TP for the set inserted in there?

I am working on an idea of a rolling grid and will present you with it very soon. I just have to put it together in the right format


Thanks and have a great day

OGie D
Ogidimi,

iregr is highly lagging and will fail when you break the current trend. bbands would work better in this case. I will attach the file once viper updates the EA with the new filters, then you can try with either iregr or the current filters.

iregr is good if the trend withholds, and we can say that if so many bars have closed above or below then the trend must have broken...

try it on a backtest and see what I am talking about.

Jag
  • #943
  • Nov 30, 2009 12:08am Nov 30, 2009 12:08am
Hi Ogie,

Yes, amongst the other improvements, I added a TP for the entire set.

As for the slope, I simply added a check that the current band value is greater than the previous (up sloping) when the price closes below it. I don't require a specific value for the slope, only that it is positive (up trending). And of course the opposite also (down trending with an up close).

As for your Initial Pivot Price question, it is simply another entry filter. In version 2.5 EVERY entry filter that is set must pass to start a new grid. e.g. if you set a pivot price and the trend filter, then the trend filter must pass (determine it is trending) AND the price must hit your pivot price to enter. Hope that clears it up for you.

Viper

Quoting ogidimi
Hello Viper,

I keep thinking about the improvements you have made to the Viper EA and I am trying to figure out how did you measure the slope. Hope you understand it is not enough to just enter when price has closed outside the bands - you also have enter in the right "direction".
If you put iRegr channel and BB on one chart you will see that BB follows the price more closely and if you have a correction BB middle line will follow the direction of the correction which is against the main trend , while iRegr will give you the main direction. This...
  • #944
  • Nov 30, 2009 8:56am Nov 30, 2009 8:56am
Whether is a death trade or a death trap - it does not matter, what matters is - it is going to kill you no matter how you name it...

Why does it happen - because we may have several positions open in one direction and if the price does not hit the TP/SL level and reverses it will give you a big DD. If this happens several times in a row it may give you a hearth attack too... Most of those positions have been in profit before the price reversed - right. Had we taken the profit, when they were in profit , we would not have the DD now.

That is why I came up with the Rolling Grid idea. Look at the attached file and follow the price. On the bottom of the page you will see a list of events that should happen at each level.

Now, all those positions that would give us a DD have gone, not only - but we have taken the profit from them. At the very most we will be stuck with one position going against the trend. Also - the pivot is positioned near the top/bottom of the trend so even with one dangling position the TP/SL should be hit without the big DD.

I am not claiming this is the ultimate - I am open to any suggestions, questions and critiques. I would love for someone to prove me wrong about the DD. Let's make this work and sleep in piece.

Happy Trading everyone
Attached File(s)
File Type: xls ROLLING GRID.xls   18 KB | 917 downloads
  • #945
  • Nov 30, 2009 7:57pm Nov 30, 2009 7:57pm
Quoting tradingviper
Hi plasma, I have been playing a little with multi grids and if you start at b3/s3 it is impossible to have two grids both in consolidation. When the first grid crosses the pivot and heads to the opposite side, the second grid will close. At least you can only have one grid caught in the death trade.

Continued thanks for all the help and testing.
Later Viper

I start the second second grid looking to get a redline between b3/s3 levels of the first grid. that way for the price to take those orders it needs to cross my tp first.

i also try to keep the pivots between the two grids furthest apart when i start the second grid. this is to stop them bunching up with each other and you end up with both grids starting at the same price on the next round. it usually takes 4 or 5 closes before they start bunching up, so i shut 1 down and restart to form the multi.

i dont know how i managed this one, but price has to cross the redlines to hit b2/3 or s2/3 of any of the grids.

i haven't had a chance to put 2.5 through it paces properly yet. i'll try and do some thourough testing this week. thanks for all your effort viper.
Attached Image (click to enlarge)
Click to Enlarge Name: gu2grid.gif Size: 17 KB
bull in a china shop
  • #946
  • Nov 30, 2009 8:03pm Nov 30, 2009 8:03pm
Quoting tradingviper
Hi plasma, I have been playing a little with multi grids and if you start at b3/s3 it is impossible to have two grids both in consolidation. When the first grid crosses the pivot and heads to the opposite side, the second grid will close. At least you can only have one grid caught in the death trade.

Continued thanks for all the help and testing.
Later Viper

Technically true, but only for the first reversal sequence, after that problems.

you start second grid at b3
price goes up hit g2/b1 and g1/tp (new g1 started)
price goes down 4 levels hits g1/tp (new g1 started)
falls 1 more increment hit g2/tp (new g2 started)

now you have 2 grids, one increment level appart, with 1 open order.

in the most part it will behave like 1 grid, with double the lot size you orignally had.
bull in a china shop
  • #947
  • Dec 1, 2009 2:06pm Dec 1, 2009 2:06pm
Hello programming guys,

If anyone of you has the Viper Grid V2.5 with the TakeProfit ONLY, no BB, no IRegr or anything else I would appreciate it if you post it here. I have some ideas I would like to do some testing.

Thanks

Ogie D
  • #948
  • Dec 2, 2009 2:32am Dec 2, 2009 2:32am
Quoting plasmapants
Technically true, but only for the first reversal sequence, after that problems.

you start second grid at b3
price goes up hit g2/b1 and g1/tp (new g1 started)
price goes down 4 levels hits g1/tp (new g1 started)
falls 1 more increment hit g2/tp (new g2 started)

now you have 2 grids, one increment level appart, with 1 open order.

in the most part it will behave like 1 grid, with double the lot size you orignally had.
I experienced the same thing with the multiple grids. Today I have been trying to add extra grids on the same currency with different magic numbers and putting the max set count to 1 to try and avoid this.

But what I am finding is the extra grids will not start because the comment says it is already up to set count 24.

Perhaps I should ask Tradingviper if the set count is magic number specific and if not if this can be easily done.
  • #949
  • Dec 2, 2009 1:18pm Dec 2, 2009 1:18pm
In my playing around and formulating the multi-grid EA, I was not going to start new g1 as soon as it closes. It would wait for g2/b3 before starting g3. Master-slave relationship. When Master closes, Slave is promoted to Master. So new grid is based on new Masters b3/s3. So you NEVER have two grids 1 increment apart. Then I believe my previous assertion holds true.

Viper

Quoting plasmapants
Technically true, but only for the first reversal sequence, after that problems.

you start second grid at b3
price goes up hit g2/b1 and g1/tp (new g1 started)
price goes down 4 levels hits g1/tp (new g1 started)
falls 1 more increment hit g2/tp (new g2 started)

now you have 2 grids, one increment level appart, with 1 open order.

in the most part it will behave like 1 grid, with double the lot size you orignally had.
  • #950
  • Dec 2, 2009 1:20pm Dec 2, 2009 1:20pm
The set TP is in version 2.6. I have been trying to test this version but got suddenly swamped at the day J.O.B. Hopefully this week.

Viper

Quoting ogidimi
Hello programming guys,

If anyone of you has the Viper Grid V2.5 with the TakeProfit ONLY, no BB, no IRegr or anything else I would appreciate it if you post it here. I have some ideas I would like to do some testing.

Thanks

Ogie D
  • #951
  • Dec 2, 2009 2:17pm Dec 2, 2009 2:17pm
Quoting tradingviper
The set TP is in version 2.6. I have been trying to test this version but got suddenly swamped at the day J.O.B. Hopefully this week.

Viper
Thank you Viper.

BTW, I just realized that the "conversation" you are having with plasmapants about multiple grids is actually the same concept as my idea of rolling grid. It looks like I have discovered the wheel too late. There is one thing I do not understand though - if we have a big enough DD to kill your account with one grid, why would we want to open a second grid before we closed the first one. Or there is something I do not understand...

I would rather have much smaller profit with a small DD from one pair and install the EA on several pairs than to "risk it all for a few dollars more" - as plasma said

If you need some help with the testing, please keep me in mind, I would love to be of some help.

Ogie D
  • #952
  • Dec 2, 2009 4:47pm Dec 2, 2009 4:47pm
Yes, thank you Viper! There are people here you don't even know you are helping, but you are!
  • #953
  • Dec 2, 2009 8:23pm Dec 2, 2009 8:23pm
Hi all,

I was wondering if you guys can provide me feedback on below logic. I've been demo-testing it for a couple of weeks now (Manually) and it seems to be working quite OK.

Please refer the attached Excel file (with embedded comments) to see what I am proposing. Basically the concept works this way:::

From a Pivot (Usually a strong S/R level) , Place BUY and SELL orders at the Increment(i) of 10(or 15 or whatever input value user choose) pips, profit of 10 (Increment) pips. (Profit in pips = Increment of Pips).

As B2 gets executued (we've already booked profit in B1), a new sell order is placed at a PIVOT point with its TP at S1. As B3 gets executed (B2 is now closed in profit), a new sell order is placed at a previous B1 with TP at Pivot point and so on...

If price retraces without hitting TP for B3, the newest sell order (Placed at previous B1) gets executed and closed in profit at Pivot. At this point an original B1 is placed and so on.

The idea is following::

- No gaps are to be left in the grid (As third level in BUY direction opens, the first level in BUY direction becomes latest SELL level). This is mainly to cash pips as price ranges.
- No multiple orders are to be placed on 1 level at any given point in time i.e. only 1 level of 1 lot size exist at any point (Direction can be different depending on the Price Action)

At the start of the EA, user should be able to input the of number of Levels and increment in pips. In other words, the increment number (10 or 15 or 20 pips) is the TP of each level.

When user decides to close the grid, he/she can do so by "deleting" any of the orders or by shutting the EA down.

I've been demo testing this manually and it seems to be working quite well.

Any thoughts?

Cheers
Puks
Attached File(s)
File Type: xls Puks.xls   42 KB | 742 downloads
  • #954
  • Dec 3, 2009 1:30am Dec 3, 2009 1:30am
With the proper spacing, only one grid can be floundering in the "Death Trade" at a time. Every "bad" swing of one grid has the other closing in profit. So while one grid is eating margin (temporarily), the other is banking profits. They can't eat at the same time. :-)

Viper

P.S. I added i-Regr to ViperGrid and put the indicator on my chart (1-hr). It seems this filter is going to keep us out a lot...

Quoting ogidimi
Thank...
  • #955
  • Dec 3, 2009 1:43am Dec 3, 2009 1:43am
This was my original idea to making tough entry filters that keep you out 80% of the time and only in during the best 20% of the time when the market is trending very strongly or swinging wildly. Then put the EA on 8 different pairs and hopefully good conditions come along on one of the pairs. More than likely they will all start around the same time but if it is the best time, they should close quickly for a profit with much less DD and less risk.
Viper
P.S. Plasma is so poetically dramatic :-)

Quoting ogidimi
I would rather have much smaller profit with a small DD from one pair and install the EA on several pairs than to "risk it all for a few dollars more" - as plasma said
  • #956
  • Dec 3, 2009 5:40pm Dec 3, 2009 5:40pm
Hi Viper

I am reading your work with much interest. I developed a system a couple of years ago, which used a Donchian channel, and placed a series of trades against the trend, which eventually would close out for a profit, when the sequence had a pullback. It showed alot of promise, but I could not overcome the "death trade" problem, which would usually happen around 2-3 times a year. I think the grid approach is much sounder, as long as the number of trades is contained in some simple way, so the margin can't be exhausted.

I have downloaded VeiperGridEA v2.4 and 2.5, and can't get either of them to run on the backtest...when I try to set the parameters, no window appears. Are the download links still working?

Regards
Designmax
  • #957
  • Dec 3, 2009 6:51pm Dec 3, 2009 6:51pm
Quoting tradingviper
P.S. Plasma is so poetically dramatic :-)
got to call a spade a spade. .
bull in a china shop
  • #958
  • Dec 3, 2009 7:12pm Dec 3, 2009 7:12pm
Quoting tradingviper
In my playing around and formulating the multi-grid EA, I was not going to start new g1 as soon as it closes. It would wait for g2/b3 before starting g3. Master-slave relationship. When Master closes, Slave is promoted to Master. So new grid is based on new Masters b3/s3. So you NEVER have two grids 1 increment apart. Then I believe my previous assertion holds true.

Viper
what would happen in trend?

G1 closes. G2 closes. G1 starts. Wait till b3 to start g2.

Looses out on a lot moves.
bull in a china shop
  • #959
  • Dec 4, 2009 3:19am Dec 4, 2009 3:19am
if entry filters can determine trend, wouldn't it be more profitable to trade the trend with them?

is there a rule which prevents a range from occuring because of an extreme standard deviation or certain angle regression channel or even a oversold/overbought condition or even a divergence etc?

one wonders if entry filters are red herrings.
bull in a china shop
  • #960
  • Dec 4, 2009 12:12pm Dec 4, 2009 12:12pm
In a strong trend, my way would miss one increments (your new grid would start at b2, mine at b3). You can think of it as a sequence of grids with a little overlap, which is much safer.

G1 starts, G2 starts (@ G1/B3), G1 closes, G3 opens (@ G2/B3), G2 closes, etc.

Viper

Quoting plasmapants
what would happen in trend?

G1 closes. G2 closes. G1 starts. Wait till b3 to start g2.

Looses out on a lot moves.
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