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Snowballs and the anti-grid

  • #161
  • Feb 3, 2011 4:31pm Feb 3, 2011 4:31pm
7bit,

thanks for sharing. the idea of an antigrid has been on my mind for a time.
and although a professional programmer still did not make time to create
something.

grateful i found your thread somewhere in the 'Building an equity millipede' thread
do lots of these things manual currently.

will start testing it.

thanx
  • #162
  • Feb 3, 2011 6:44pm Feb 3, 2011 6:44pm
Quoting 7bit
The much cited language shootout is *irrelevant* since the different implementations of the same algorithms are all written by entirely different people, differently organizing their data structures and doing things not always the way it is meant to be done in the specific language.
No the different implementations are not "all written by entirely different people" - some people have contributed both C++ implementations and a Java implementation.

Of course many people do choose to contribute implementations just for the language they know best.

You haven't shown that any of the implementations are "not always the way it is meant to be done in the specific language".
  • #163
  • Feb 13, 2011 7:58am Feb 13, 2011 7:58am
where i download the EA ? thanks
  • #164
  • Feb 14, 2011 11:00am Feb 14, 2011 11:00am
Quoting simpvest
where i download the EA ? thanks
Here you have all you need:
http://sites.google.com/site/prof7bit/snowball
  • #165
  • Mar 29, 2011 7:46am Mar 29, 2011 7:46am
Just came across this thread.

Many thanks to 7bit for sharing such a brilliant work.

Moving on to the journal thread now ... ...
福 子 Victor V
  • #166
  • Mar 31, 2011 6:20am Mar 31, 2011 6:20am
I tried to attached the EA to a third pair (on demo) and beyond. The full menu of Long/Short/Bidirectional was not available. Instead it will determined by itself what to do.

Only Stop and Pause are selectable.

Any ideas?

福 子 Victor V
  • #167
  • Mar 31, 2011 7:58am Mar 31, 2011 7:58am
May i know why you do not want this to be a fully automated EA with user to decide either Buy/Sell/Bidirectional?

福 子 Victor V
  • #168
  • Apr 2, 2011 7:13am Apr 2, 2011 7:13am
Hi,

excellent price action tool,

Your logo is exactly reflect your good character, helping tendency and teaching to other with humble humanistic

Jesus Bless You and your family, all your hand effort has blessed in the name of Jesus, Amen

bye
ajentha
  • #169
  • Apr 14, 2011 2:09pm Apr 14, 2011 2:09pm
Quoting camvcvoo
May i know why you do not want this to be a fully automated EA with user to decide either Buy/Sell/Bidirectional?

You should have at least an idea on what the trend is, it's very simple to use, you don't need it to be fully auto trading.

It's a very good tool, I recommend you to read something about price action and complement it with this EA.
  • #170
  • May 3, 2011 10:48am May 3, 2011 10:48am
Quoting 7bit
The whole point in using stoplosses is to scale out if price goes into the wrong direction. There is no other way to avoid huge losses than immediately closing the trades when price reverses. And also the stoploss should not trigger before price is below the entry level and has a chance to trigger the entry again or you would lose levels.
Hi 7bit,

Thanks for sharing this wonderful MM EA, actually I'm using it in a couple of systems (still in forward testing phase) that soon I'll publish here.
I'm sorry to bother you again with a request that has been made already in some previous post...I don't do it if I not have the strong belief that such adjustement can transform this EA in a true war machine: is possible set (at least as an option) a trailing at BE at the same distance of pips of the grid? When a new order is open in the same direction, the previous moves at BE and so on? This can reduce drastically the risk of a possible huge drawdown and not alter the principles and the functioning of your EA. Actually I do this already, but I must use another EA for BE the SLs.
"If you want something go down, let it go up first" Lao-Tzu
  • #171
  • May 4, 2011 7:45am May 4, 2011 7:45am
7bit,

Thanks for this EA and your work. I like this ea and done some demo testing on various pairs. It seems that majority of martingale eas set out to entertain common fallacies of human nature whereas this ea does not. Instead you make your own rules in your 'casino' - nice.
'Trend is your friend' is especially true for this expert. Recently I am looking at gold, oil and other trending things so I tried snowball on gold. Unfortunately something is amiss with gold/snowball combination because orders are not placed although stop and pause buttons are red and yellow respectively.
Is there a solution to this issue?
  • #172
  • Jun 15, 2011 12:18am Jun 15, 2011 12:18am
Quoting Simihouse
Hi 7bit,

Thanks for sharing this wonderful MM EA, actually I'm using it in a couple of systems (still in forward testing phase) that soon I'll publish here.
I'm sorry to bother you again with a request that has been made already in some previous post...I don't do it if I not have the strong belief that such adjustement can transform this EA in a true war machine: is possible set (at least as an option) a trailing at BE at the same distance of pips of the grid? When a new order is open in the same direction, the previous moves at BE and so on?...
Hi Simihouse,

please can you share the EA you use for placing BE? I was seeking for some and didn't find anything that works properly w/ multiple open trades, what is the case of 7Bit's snowball.

Thank you.
  • #173
  • Jun 15, 2011 2:02pm Jun 15, 2011 2:02pm
Well done!

Your EA is outstanding! It is put together very professionally.

I love everything about it!
  • #174
  • Jun 26, 2011 11:10am Jun 26, 2011 11:10am
Quoting 7bit
I still trade it but I don't think I have any significant new insights. The only thing I can tell you is be careful with your lot size, never ever (NEVER) use more than leverage 1 for the initial level (0.01 lot if you have $1000 in the account, 0.1 lot if you have $10000) (all snowballs on the same account combined)! Trade only one snowball at a time, this is better for the psychology. Don't be greedy, take profit at one level above BE or make intelligent usage of the pause/resume function. Prefer EURUSD, this seems to have very snowball...
_

Hi 7Bit.

Just to say, a year down the line, Snowball and the simple elegance behind the machine is as good as the day it was conceived. No need for modifications, bells or whistles.

Admittedly, it takes patience to (a) find out what makes this EA tick and (b) how to use it properly. But in today's culture of instant fixes and holy grails not many will get it.

Maybe that's a good thing.

Tim.
  • #175
  • Aug 23, 2011 8:10pm Aug 23, 2011 8:10pm
https://sites.google.com/site/prof7bit/snowball
I can't open the page in our country.555555,can You help me ? I like the ea very much.Pls attached it,ths very much.
  • #176
  • Aug 26, 2011 10:30am Aug 26, 2011 10:30am
uploaded just for you
Attached File(s)
File Type: ex4 snowball.ex4   54 KB | 1,277 downloads
Trading for living is not a dream.
  • #177
  • Aug 26, 2011 11:18am Aug 26, 2011 11:18am
Interesting that China blocks Google Sites.
You are in a maze of twisty little passages, all alike.
  • #178
  • Oct 12, 2011 1:14pm Oct 12, 2011 1:14pm
7bit, appreciate your work and sharing,

but disagree with your comparison of Java to C++.

of course it's a waste of time trying to persuade another adult on internet with 99.9% probability.
  • #179
  • Oct 13, 2011 3:07pm Oct 13, 2011 3:07pm
I have run into a strange problem: while setting up snowball my connection to the VPS got interrupted. when I reconnected I started a only sell trade-setup and got all trades double (with 0,1 pip) difference. after stopping snowball I had uncountable unrealized trades in my Account History and two pending trades than turned back again and again, even after I had closed all charts. So I had to shut down my MT4 and deinstall snowball - only then the misterious action stopped. What was that???
Thanks for your time, Michael
  • #180
  • Dec 15, 2011 11:37am Dec 15, 2011 11:37am
Hello 7bit. Thank you for this EA. The longer I survive in forex, the more I appreciate the value of trending strategies.

I have a technical question. I have loaded the EA and the common_functions file. Once dragged onto a chart, all looks fine. However, I can only double-click, drag and activate the EA for one chart. That one charts has the EA loaded and properly working, but I can't start any of the others.

Have you or anyone else seen this happen? Any suggestions?

Again, thank you.

Murph
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