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Attachments: BK's Grid EA (Martingale)
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BK's Grid EA (Martingale)

  • #81
  • Dec 4, 2011 9:32am Dec 4, 2011 9:32am
Quoting roughtrader
Im trying to backtest it in MT4
but for some reason it doesn't work,
the tester never starts
I think post #69 has a version you can backtest.
may you find what you seek and trade what you find
  • #82
  • Jan 9, 2012 8:28pm Jan 9, 2012 8:28pm
Hi i have download the EA for about a week and still backtest it to learn about how it works but i still don't understand the perpose of grid factor and how to use it. Can any one advice me. BTW thank you BK and all the gifted programmer for this EA.
  • #83
  • Jan 18, 2012 11:57am Jan 18, 2012 11:57am
Hi all,

Thank you BK's for this nice EA!

Thinking about the settings I came up with the following add-on suggestion:

A limit to auto_buy and auto_sell, to make it easier to carry trade using this.
And also for, say E/U It would be nice if I could set auto_buy to true, but limiting it to a price level, of which I think is an extreme overshoot.
So above that level, it will no longer open new buy entries, but only shorts.

That to give it an edge in the longer term, and also a nice tool short-term trading. (for example, one could limit the trading of this EA to yesterday's range in order to stay out of swiftly trending market conditions.)

I'm so far forward testing on E/U and A/U, with for now more drawdown than initial balance.
However I do see the potential of this system!

Thanks again BK, and all contributors!

Kind regards,
Donaciello.
It's a sport, an artform and a science.
  • #84
  • Feb 14, 2012 4:01am Feb 14, 2012 4:01am
some help, some will do it to work, Youtube has a video for this bot

not working!
Attached File(s)
File Type: rar EA_HGNR_TURBO_V.2.rar   111 KB | 1,930 downloads
  • #85
  • Apr 18, 2012 7:49am Apr 18, 2012 7:49am
Can be use at live account?
  • #86
  • May 24, 2012 5:15am May 24, 2012 5:15am
G"day BK: Thanks for this wonderful EA, I first installed and I got two horizontal lines on the chart to be able to enter buy/sell Unfortunately when I tweak it I lost them Where are they on the settings?
Have you got a new version, or this is it?

thanks
boso

Quoting BurgerKing
In 2008, I was commission to rewrite a Grid EA based on original EA found at www.forex-tsd.com. More of the discussion can be found here:
http://www.forexfactory.com/showthread.php?t=65249

Back then I could not share my codes as it was commissioned. However, I can now share it.

This EA is best used on brokers offering 0.01 lottage - $0.1 a pip.
Though small lots as it may seem, you will be amazed how much it will trade in a day making $50~$100 each day with a $5K account. I personally used this...
  • #87
  • Jul 26, 2012 4:18am Jul 26, 2012 4:18am
Hello Every Body,

I use this EA this is very good EA but sometimes when it is in profit says of 300$ suddenly it comes in loss. so i want that can any one add some code of all order close if account profit reached 300$ or our set Amount?

Thanks
  • #88
  • Jan 16, 2013 8:44am Jan 16, 2013 8:44am
Quoting McDonalds
One of the problems in the code is that the max drawdown cut off is out by a decimal place, so if you set it to 0.01 it will cut out at 10% instead of 1% etc.

I'll fix it up and post later but just FYI.

Still testing.... sigh...

McD,
Appreciate if you can share the updated code which addresses the "Divide by Zero" error. Thx in advance.
  • #89
  • Feb 5, 2013 8:26am Feb 5, 2013 8:26am
Hi BK

I've been battling for 3 years now to find a system (or EA) that works. Regret that I have not found one yet.

While reading through this Martingale thread of yours an idea popped into my mind and I will try to explain.

The only problem with Martingale is the drawdown and eventually the death trade. If your pockets are deep enough you will always win.

Won't it work if we combine a grid system that will martingale with the trend with a Martingale that keeps on adding when price moves against you - Hedging the Martingale when price moves with you.

As long as price moves in the direction one EA will go into drawdown while the other will pile up the pips. Keeping drawdown manageable.

When price retraces both EA's will exit at the same time when a basket profit is reached.

My calculations say if you start with 0.1 lots with 50 pip grid, drawdown will be $100 max. If price goes up to 1.6 lots, the retraces 100 pips, both EA's can give 1100 pips.

Can someone do the maths? Can this be the holy grail?

I may have it completely wrong? Give me your expert oppinion.

Neels
  • #90
  • Sep 9, 2013 11:49am Sep 9, 2013 11:49am
Hi all, is there anyone using this system let me know the result ?

Thank you very much.

Anh Tuan
  • #91
  • Sep 10, 2013 6:41am Sep 10, 2013 6:41am
very good system! only one way! buy or sell!!
  • #92
  • Sep 10, 2013 10:35am Sep 10, 2013 10:35am
Hi pilot62, you mean we need to know the direction and let EA trade one way ? If you still using it, could you please post some result here.

Thanks much
  • #93
  • Sep 26, 2013 7:17am Sep 26, 2013 7:17am
hello!
base lot 0.02
max drawdown 0.01
stopAt drawdown 1
max total lot 0
min grid size 8
max grid size 10
grid factor 3
TP 8
only e/d
good trade!!!
  • #94
  • Sep 29, 2013 10:24pm Sep 29, 2013 10:24pm
Quoting nill
some help, some will do it to work, Youtube has a video for this bot not working! {file}

NOT WORKING THIS ea


UPDATE AND POST THIS EA

THANKS ADVANCE

RKKGS
  • #95
  • Oct 18, 2013 2:31am Oct 18, 2013 2:31am
GOOD WORKING THIS ea!!!! POST32!!!!
  • #96
  • Edited 7:54pm Jul 23, 2014 7:41pm | Edited 7:54pm
Quoting corliz
Hi BK I've been battling for 3 years now to find a system (or EA) that works. Regret that I have not found one yet. While reading through this Martingale thread of yours an idea popped into my mind and I will try to explain. The only problem with Martingale is the drawdown and eventually the death trade. If your pockets are deep enough you will always win. Won't it work if we combine a grid system that will martingale with the trend with a Martingale that keeps on adding when price moves against you - Hedging the Martingale when price moves with...
Neels,

I agree, that is a good idea. The problem for me is that I am no programmer so I depend upon what I find on the net and backtesting/forward testing to get things right. You gotta be really smart to program or modify EAs.

I haven't given this a go, but there are so many GM EAs out there: Blessing, Golden Future, Arin, 10 Point 3 to name a few, but there are also many more which employ a limited GM strategy in addition to their primary strategy.

Of all strategies, this is certainly the most popular, and no wonder really - it is a simple concept that can be understood by most, and it can be the most profitable too.

BK or anyone else smart:
1. Please consider modding this EA to incorporate a hedging strategy as Neels suggested.
2. Files attached to this thread do not seem to be working with MT4 build 600+
  • #97
  • Oct 31, 2014 2:58am Oct 31, 2014 2:58am
Hi,
I repost a version for MT4 600+.
I like how this EA is working but I'd like to modify TP and SL to enlarge the area.
Any idea ?
Attached File(s)
File Type: mq4 BK's Grid-delorean edit V0.1 - McDonalds Edit.mq4   23 KB | 1,414 downloads
  • #98
  • Oct 31, 2014 7:03am Oct 31, 2014 7:03am
Quoting bluepanther
{quote} Neels, I agree, that is a good idea. The problem for me is that I am no programmer so I depend upon what I find on the net and backtesting/forward testing to get things right. You gotta be really smart to program or modify EAs. I haven't given this a go, but there are so many GM EAs out there: Blessing, Golden Future, Arin, 10 Point 3 to name a few, but there are also many more which employ a limited GM strategy in addition to their primary strategy. Of all strategies, this is certainly the most popular, and no wonder really - it is a simple...

Can someone try this:

See my post 89 above.
Open 2 of the same currency charts (EURUSD). On the one chart you place a standard martingale EA (2x martingale) and on the other chart a standard grid EA. Let it run with small lots and see what happens?
  • #99
  • Oct 31, 2014 7:25am Oct 31, 2014 7:25am
Hi corliz
What do you mean by standard martingale and grid EA ?
Please could you explain a little ?
An what's your experience since last year about your system ?
  • #100
  • Oct 31, 2014 8:31am Oct 31, 2014 8:31am
Quoting madscalp
Hi corliz What do you mean by standard martingale and grid EA ? Please could you explain a little ? An what's your experience since last year about your system ?
Hi Madscalp

Can I refer you to "post 89"?

The way I've got it:

Martingale will "double" your lots when trend goes against you. If you have deep pockets you will never loose.
Grid will keep opening trades with the trend at predetermined intervals.

Both systems make money UNTIL:
Martingale gets stuck in a long TRENDING period = DEATH TRADE (Margin call)
Grid gets stuck in a long RANGING period = DEATH TRADE (Margin call)

If you combine the two you might have the HOLY GRAIL. If the one goes into draw-down the other will make money (HEDGING THE DRAW-DOWN).

Exit when basket profit reaches profit target.

OR Even better

The grid system hedges the martingale system, limiting draw-down. WHEN MARTINGALE EXITS IN PROFIT, ALL OPEN TRADES (Grid trades as well) WILL CLOSE.

I just thought. What do you think?
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