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MGH System (Martingale Grid & Hedging)

  • #21
  • Aug 1, 2014 2:37pm Aug 1, 2014 2:37pm
ok let me know if i understood well...
if you're buying when price reach 4 levels you will sell with double size, same for 5 levels, until reach the profit point.(you will have 3 buy, and 4 sell)
if price go again up you will add buy to 3-2-1 levels for the same first size...until it reach the profit point (as you said > 250)
right?
  • #22
  • Aug 1, 2014 2:53pm Aug 1, 2014 2:53pm
Quoting Nepul
ok let me know if i understood well... if you're buying when price reach 4 levels you will sell with double size, same for 5 levels, until reach the profit point.(you will have 3 buy, and 4 sell) if price go again up you will add buy to 3-2-1 levels for the same first size...until it reach the profit point (as you said > 250) right?
You mean in the "Hedge x4" example, right?. I'll try to explain you.

1. First we have a 3 sells level grid with (x1 lot).

2. the price reach level 4, so we start to buy (x2 lot). In this example we get 2 buys (x2 lot) profit and them when the price goes down we have 3 buys(x2 lot) in the air.

3. The price back to the first grid, so we close this grid (x1 grid). At this point we have 3 buys (x2)

4, We will wait one more level to open new sells (x4 lot) ... until reach our target

In those examples we never have more than 3 sells and 3 buys opened at the same time.
  • #23
  • Aug 1, 2014 2:59pm Aug 1, 2014 2:59pm
Quoting Kfx
{quote} You mean in the "Hedge x4" example, right?. I'll try to explain you. 1. First we have a 3 sells level grid with (x1 lot). 2. the price reach level 4, so we start to buy (x2 lot). In this example we get 2 buys (x2 lot) profit and them when the price goes down we have 3 buys(x2 lot) in the air. 3. The price back to the first grid, so we close this grid (x1 grid). At this point we have 3 buys (x2) 4, We will wait one more level to open new sells (x4 lot) ... until reach our target In those examples we never have more than 3 sells and 3 buys...

okok,this time i think understood...
only one thing, when you close first grid, cause the second is appearing, you will close it in loss?
is the first time i hear this kind of grid....did you backtest manually or through an ea?
  • #24
  • Aug 1, 2014 3:06pm Aug 1, 2014 3:06pm
Quoting Nepul
{quote} okok,this time i think understood... only one thing, when you close first grid, cause the second is appearing, you will close it in loss? is the first time i hear this kind of grid....did you backtest manually or through an ea?
No, the first grid is closed when the TP is reached (when the price back down). You only close with losses when our equity has reached our risk %.

This is a WOP and I have backtested manually just some months, but looks nice.
  • #25
  • Aug 1, 2014 3:12pm Aug 1, 2014 3:12pm
i will backtest with the forex simulator
  • #26
  • Aug 1, 2014 4:31pm Aug 1, 2014 4:31pm
Interesting Kfx.

I'll do some calculations this weekend.
I'll use a bit bigger grid size though to reduce spread costs.

Thanks.
  • #27
  • Aug 1, 2014 4:39pm Aug 1, 2014 4:39pm
Kfx,

So on your 2x and 4x you keep your 1x's open until you get the 100 or 250 pips from the 2x's or 4x's, then close the 1x's, is that correct.
But you close the 2x's and 4x's according to base rules along the way. You're just keeping track of the pips gained so you know when to close the 1x's?

Another question...after hitting TP, let's say at 1.3400 do you immediately use that for your next buy/sell or wait to you hit 1.3410 or 1.3490?
  • #28
  • Aug 1, 2014 5:25pm Aug 1, 2014 5:25pm
Quoting srt
Interesting Kfx. I'll do some calculations this weekend. I'll use a bit bigger grid size though to reduce spread costs. Thanks.
Hi str, Welcome to the thread.

I hope you find something interesting.
  • #29
  • Aug 1, 2014 5:31pm Aug 1, 2014 5:31pm
Quoting spyderman
Kfx, So on your 2x and 4x you keep your 1x's open until you get the 100 or 250 pips from the 2x's or 4x's, then close the 1x's, is that correct. But you close the 2x's and 4x's according to base rules along the way. You're just keeping track of the pips gained so you know when to close the 1x's? Another question...after hitting TP, let's say at 1.3400 do you immediately use that for your next buy/sell or wait to you hit 1.3410 or 1.3490?
Hi spyderman, welcome to the thread.

On 2x I keep open the 1x's until get 100 pips or more, but on 4x close the 1x's by TP because the price go back.

Yes to your second question, I inmediatly open another trade when TP is reached.
  • #30
  • Aug 1, 2014 5:43pm Aug 1, 2014 5:43pm
Quoting Kfx
{quote} Hi spyderman, welcome to the thread. On 2x I keep open the 1x's until get 100 pips or more, but on 4x close the 1x's by TP because the price go back. Yes to your second question, I inmediatly open another trade when TP is reached.

So to be clear, when you say 100 pips or more, that is the total of all your closed 2x trades taken since the opening of the three 1x's
  • #31
  • Aug 1, 2014 5:46pm Aug 1, 2014 5:46pm
Quoting 24hrs
{quote} U looks old member on ff... so expecting some good strategy from you. Not like those other having color full indicators with never ending modifications.
Hehhehehehhehehehehe, well said man, I wonder why dey didn't name it colour factory. Seriously, I don't mean to be Negative, but still Havnt seen a system that is profitable in all market conditions. Wish u well in ur New Thread, I will be keeping an eye
  • #32
  • Aug 1, 2014 5:51pm Aug 1, 2014 5:51pm
Quoting spyderman
{quote} So to be clear, when you say 100 pips or more, that is the total of all your closed 2x trades taken since the opening of the three 1x's
Yes, all complete trade group 1x's + 2x's.

In the example .... 1x's = -210 pips and 2x's = +320 ... Total = 110 pips
  • #33
  • Aug 1, 2014 5:52pm Aug 1, 2014 5:52pm
Quoting Kfx
{quote} Yes, all complete trade group 1x's + 2x's. In the example .... 1x's = -210 pips and 2x's = +320 ... Total = 110 pips
  • #34
  • Aug 1, 2014 5:53pm Aug 1, 2014 5:53pm
Quoting francisakz
{quote} Hehhehehehhehehehehe, well said man, I wonder why dey didn't name it colour factory. Seriously, I don't mean to be Negative, but still Havnt seen a system that is profitable in all market conditions. Wish u well in ur New Thread, I will be keeping an eye
Hi francisakz, welcome to the thread.

I hope too we can find the H.G. or semi H.G. hahaha.
  • #35
  • Aug 1, 2014 6:16pm Aug 1, 2014 6:16pm
So what about a situation like so where your 2x's go against and you need to enter a 4x before you get to the 1x TP

Attached Image (click to enlarge)
Click to Enlarge Name: EURCHF!H1.png Size: 64 KB
  • #36
  • Aug 1, 2014 6:22pm Aug 1, 2014 6:22pm
Quoting Kfx
Basic example for entry criteria. Just use a indicator that draw a 10 pips grid. Buy: When price comes from above and touch a grid level (level 1) TP: Next level (10 pips) If the price drops 10 pips, add a buy (level 2) ... set all TPs at level 1 If the price drops 10 pips more, add a buy (level 3) ... set all TPs at level 1 Sell: When price comes from below and touch a grid level (level 1) TP: Next level (10 pips). If the price rises 10 pips, add a buy (level 2) ... set all TPs at level 1 If the price rises 10 pips more, add a buy (level 3) ......
Hi Kfx. I'm trying to understand your strategy.
Sell case: "When price comes from below and touch a grid level (level 1) TP: Next level (10 pips). If the price rises 10 pips, add a buy (level 2)"....second trade buy or sell? So third trade: buy or sell?
Thks.
  • #37
  • Aug 1, 2014 6:28pm Aug 1, 2014 6:28pm
Quoting spyderman
So what about a situation like so where your 2x's go against and you need to enter a 4x before you get to the 1x TP {image}
Nice spyderman.

You have to wait until 3 opened 1x's closes on TP @1.21900

Then, you open new 4x's sells if the price moves down 1 more level (@1.21800)

Anyway ... I have to post more examples because the rules change when the separation bettwen grids is 30 or bigger. This requires putting intermediate levels. It is somewhat complicated to explain but I will try tomorrow.
  • #38
  • Aug 1, 2014 6:42pm Aug 1, 2014 6:42pm
Quoting Kfx
{quote} Anyway ... I have to post more examples because the rules change when the separation bettwen grids is 30 or bigger. This requires putting intermediate levels. It is somewhat complicated to explain but I will try tomorrow.

Hmm...very interesting. I'll definitely watch for more this weekend.
  • #39
  • Aug 1, 2014 10:53pm Aug 1, 2014 10:53pm
anouther stategy any one make this calculere its totel lot sixe on excel as i did not know about use of excel . as in unnormal situtation price move 10000 points. so calculate the totel lot size according to ur account balance is required. open buylimit sell limit sellstop buy stop on same level and same lot in incresing. means 0.01,0.02,0.03 ...........the totel lot means = 0.01+0.02+..........up to 10000 point. also ur level means grid size =1000 is u did not use vps . when price move a lot of in one direction here u stategy. if ur totel lot can hendel anouther 10000 poits then close profit lot and wait price move back . or put breack even on winning lot.
this will make a prymid. but i can not use the excel so did not know the totel lot according to balance
  • #40
  • Aug 2, 2014 3:37am Aug 2, 2014 3:37am
http://www.myfxbook.com/members/thuythuyyen/pte/982295

This one Im trying the Grid+heging concept too .
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