and I will be very glad if xmph can/will share his versions
(but as I remember he did not will)...?
(but as I remember he did not will)...?
Grid - New indicator that replaces chart grid 60 replies
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100% win grid EA 45 replies
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Double Time Grid and Pip Grid 0 replies
DislikedGday Muskateer,
Thanks for your reply - although I'm not quite sure what you mean unfortunately.
I've given this thread a read, but it so long its hard to figure out where we are at here.
q - have you used the EA in question? does it work on any pair? whats the max dradown for what returns year to year? how many years does it go back without blowing up @ what ROI?
I'm pretty sure there's things we could both learn from each other but the issue is I don't know quite what I'm looking at here. So I put it to whom ever is reading this thread...Ignored
Dislikedfor limiting exposure-code was design to partialy close both sides of hedge to free some margin, but then the progressive sizing needs to use other calculations to get out with overal profit from hedge, and if you add trailing or averaged price entry...Ignored
DislikedTry to code a simple EA that trades on round numbers...put both PO_BUY & PO_SELL around price at round numbers(100 pip increment from BUY to SELL).
Run...Ignored
DislikedHello FF, This is the statistics of series.
However, and that's related to my previous comment, I believe that statistics of series should be what one uses at the very last stage of EA development, not at the very begining, and certainly not as a core-hedge of the strategy.
The reason is that once applied, you cannot add anything else to your strategy or else you will have to re-investigate the complete EA behavior.
Thus, my original comment and discussion I wanted to have with you, how did you manage to mitigate the impact of using the statistics...Ignored
DislikedHi Xmph.
Quote;...[u]you cannot add anything else to your strategy or else you will have to...Ignored
Dislikedwhat a joke.. 100% win, ha, ha
................................................
www.deadcount.blogspot.comIgnored
DislikedHi there,
Its nice to come across a kindred spirit/s here...not too many folks in everyday life that share this line of thought. Apologies for my delayed repsonse (my excuse is that I am in deepest darkest EA testing and development bat cave...LOL, you know what I mean)
I think FOREXFlash summed it up it pretty well when he (I could mistakenly assume) said "Mathematicaly, this can not be beaten.....there will always be a point...Ignored
DislikedI believe I read that your system is non indicator based and relies on the price action as a guide for its direction? (as mine does so entirely).Ignored
QuoteDislikedVersus the Blessing system which picks a direction and price averages/fades move and looks to get out of dodge quick, then goes about the usual practice of gridding in levels until the price moves against the system again.
QuoteDislikedSimply said they've arived at an outcome that produce X # of 50% drawdowns (or whatever the equity hard loss is set at) for a higher amount of return over a given period - or as xmph said I think x amount of consecutive losses concept.
QuoteDislikedwhere as mine is a pure grid algorithm overlaid onto price - the core forumula is actually on a xcel spreadsheet.
QuoteDislikedMy lot progression are complex, involve a relationship with the TP/SL and where Ive found alot of extra profit. Assuming a crossover of 40 pips, above which is long for 20 pips TP and short below 20 pips for TP, lots progressions in my system can be adjusted by:
QuoteDislikedA not extreme mix of the above, set to start around the UK open and stop hunting (looking for more grids) around US open does yield some good ROI for extended periods and the required set file doesnt differnt too much from pair to pair.
QuoteDislikedYour comments on the hedge/exposure reducing do sound complex - a coders nightmare. I'm not certain if its the way to go because if you reduce the weighting of a hedge it has to be made up for in some other way. And if you retain the same weighting, you'd have to close some of it a a loss then?
QuoteDislikedXMPH - that Blessing site was a superb referral, quite a team and developed EA, thanks for that.
QuoteDislikedbut I am interested in knowing! If you would expand on that I'd appreciate that and any other feedback you might have about anything I said that made some sense to you.
QuoteDislikedFor another day I would like to share more with my concept of gridding inside the gap between the long and the short (for those who comprehende) - using my algorithim for when any trades requirement maintainence outside the grid gap. In this manner, by my logic - the system can run the same total amount of exposure but splayed in such a way that only 1/3rd of it could ever martingale up (based on a STD 20 pip TP and 40 pip gap).
DislikedHowdy,
I was prompted by a repsonse to this thread coming up in my email, reminding me of a well overdue response to xmph - sorry for the delay, rest assured the time was pent in system R+D.(apologies in advance to dwymi02, this post may not be of any use to you)
Thanks first on your repsonse on the Blessing, re it being directional and the 2006 to date backtest with double acct balance/annual. I've done tests and it looks sensational no doubt, so too a colleague, he's run it live a bit on the EU but truthfully we've just experienced the "STD"...Ignored
QuoteDislikedFor those that way inclined, some of you might have heard of the Donchian Scalper, well that's the EA I am referring to.
QuoteDislikedSo xmph on the subjects of statistics, and my use of timed start - finish daily times is an appropriate way to use them? (gee I hope so or you're going to burst my bubble...hehe) I know it seems an obvious question but reading xmph's comments earlier on the subject I though that maybe there's something I'm missing.
QuoteDislikedMy problem is that eventually it blows up, I guess that always going to...
QuoteDislikedWith my system Ive already got the option to break even after X # of swings AND/OR increase the required TP to soften the martingale, so I think that covers both those avenues anyhow - altering the TP depnding on a number of dynamic variables has worked best for me...early days still on the break even functionality.
QuoteDislikedI understand how you could reduce the next volume of the hedge while maintaining the exposure
QuoteDislikedAlternatively, by altering the weighting/the net long or short bias will alter/increase the required take profit
QuoteDislikedFinally....on my "gridding between the gap" concept, I guess the first place to be at is actually understanding what I mean when I was referring to on the 40 pip gap, and 20 pip TP. Once you understand that the martingale can only occur on one swing level of that 40 pip gap, you'll understand that the 2 x 20 pips in between are "feebies" until the initial grid is closed, then we move back onto plan B being the primary system on the next grid level.
Disliked
But here comes the question that i wanted to ask many people like FF and xmph and all other developers who are trying to develop martingale systems..
What are your expectations??
to be honest i think about this as an investment because the phrase' 34481... % in 45 days do not exist..Ignored
DislikedHi XMPH,
.......
The issue with the above is that it the market could range sideways and keep hitting that $200 losing bet - need a rule to cut that at some point.
Cheers, AdamIgnored
QuoteDislikedI'd have to wait until the 10 lots long and 4 lots short were at break even before i could dump them as well, so a move X pips into my favour is required.