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MGH System (Martingale Grid & Hedging)

  • #41
  • Aug 2, 2014 4:51am Aug 2, 2014 4:51am
hey Kfx, is this first grid correct?

http://gyazo.com/636243bca0f9bb69b6d8f03c0137f383
  • #42
  • Aug 2, 2014 6:11am Aug 2, 2014 6:11am
Quoting Nepul
hey Kfx, is this first grid correct? http://gyazo.com/636243bca0f9bb69b6d8f03c0137f383
Yes, thats a good start.
  • #43
  • Aug 2, 2014 6:58am Aug 2, 2014 6:58am
I will show you now when the separation between opened grids is 30 pips or more. We will call to this example "Hedge x4 Inside Grid".

1. We have 2 opposite grids opened (3 x1 buys and 3 x2 sells). At this point some x2 sells have been closed already ( 5 sells x 2 = 100 pips )

2. The separation between the grid level 3 of opened buys and lgrid evel 3 of opened sells is 30 pips.

3. The price back up to the middle of the grids separation. In this case the middle would be 15 pips, so we consider the level closest to buys to start with x4 trades.

4. At some point the price reach or x1 buys TP and are closed.( 3 buys x 1 = 30 pips )

5. We still open x4 buys until get our 250 pips or more target.

http://oi61.tinypic.com/2edxmok.jpg
  • #44
  • Aug 2, 2014 7:29am Aug 2, 2014 7:29am
Quoting Kfx
I will show you now when the separation between opened grids is 30 pips or more.
So if less than 30 pips, just wait for your 2x to close your 1x?
  • #45
  • Aug 2, 2014 7:37am Aug 2, 2014 7:37am
Quoting spyderman
{quote} So if less than 30 pips, just wait for your 2x to close your 1x?
Exactly ...

I see you undestand it.

I will wait if some member have some more questions. If all is clear until now, I will post some more complicated example like "Hedge x16 Inside Grid"
  • #46
  • Aug 2, 2014 7:55am Aug 2, 2014 7:55am
Quoting Kfx
{quote} Exactly ... I see you undestand it. I will wait if some member have some more questions. If all is clear until now, I will post some more complicated example like "Hedge x16 Inside Grid"

x16...ouch
  • #47
  • Edited 9:54am Aug 2, 2014 8:26am | Edited 9:54am
Quoting spyderman
{quote} x16...ouch
Here is the "Hedge x16 Inside Grid" example. I think the picture speak by itself.

1000 pips or more target for this example, by the way.

http://oi58.tinypic.com/2zqssn9.jpg
  • #48
  • Aug 2, 2014 9:10am Aug 2, 2014 9:10am
I must be missing something on you x16 example. Shouldn't the x2's and x4's be opposite one another...buy/sell.

Why are the x2's further in the past than the x1's.
  • #49
  • Aug 2, 2014 9:11am Aug 2, 2014 9:11am
Can you summarize the system in a word document. Hard to pick up a piece here and there.
  • #50
  • Aug 2, 2014 9:16am Aug 2, 2014 9:16am
Quoting spyderman
I must be missing something on you x16 example. Shouldn't the x2's and x4's be opposite one another...buy/sell. Why are the x2's further in the past than the x1's.

I think I got it. Seems like you might have the x1 and x2 labels reversed?
  • #51
  • Aug 2, 2014 9:30am Aug 2, 2014 9:30am
What's the TP pips on the x8 level? 500?
  • #52
  • Aug 2, 2014 9:49am Aug 2, 2014 9:49am
So if price had made it to the blue circle we'd be buying at x32?

Attached Image (click to enlarge)
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  • #53
  • Aug 2, 2014 9:56am Aug 2, 2014 9:56am
Quoting spyderman
I must be missing something on you x16 example. Shouldn't the x2's and x4's be opposite one another...buy/sell. Why are the x2's further in the past than the x1's.
Quoting spyderman
{quote} I think I got it. Seems like you might have the x1 and x2 labels reversed?
Haha ... You are right. My mistake. Picture is now fixed.
  • #54
  • Aug 2, 2014 9:59am Aug 2, 2014 9:59am
Quoting spyderman
What's the TP pips on the x8 level? 500?
Exactly ...
  • #55
  • Aug 2, 2014 10:05am Aug 2, 2014 10:05am
Quoting spyderman
So if price had made it to the blue circle we'd be buying at x32? {image}
No.

When we have an inside grid opened, we will wait for the outside grid to close, in this case the x8 buys, to open a new x32 grid.
  • #56
  • Aug 2, 2014 10:07am Aug 2, 2014 10:07am
Quoting GoldenEA
Can you summarize the system in a word document. Hard to pick up a piece here and there.
Hi GoldenEA, welcome to the thread.

All examples and rules are summarized in the first post now.
  • #57
  • Aug 2, 2014 10:20am Aug 2, 2014 10:20am
Quoting Kfx
Hi. No big introduction, no stories about my trading or personal life, no long posts about subjective theories or techniques. I just want to show you an easy system in which I'm working and I hope that with everyone's help, we can improve it. We all know that grids and martingales are dangerous, but please abstain from making comments debating whether these techniques are good or bad and focus on the system. You all are welcome and feel free to writing your suggestions or critical. Basic example for entry criteria. Just use a indicator that draw...
Hi Kfx,

Thanks in advance for the effort you put on this to explain us the system. The biggest problem is the "language" my friend. I am sure I understood very different than you tried to tell. Here is what I understood and I know I am wrong. So please could you just explain the simple example in more detail and with clear sentences or drawings. I guess your system is strong but please help us to understand what this system is about.

Many Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: forex.jpg Size: 320 KB
Focus only on what truly matters!
  • #58
  • Aug 2, 2014 10:22am Aug 2, 2014 10:22am
hi great thread n interesting idea

but i dont understand anything at all...i will try read again & again

appreciate some1 can simplify it
  • #59
  • Aug 2, 2014 10:44am Aug 2, 2014 10:44am
Quoting Ata-Turkoglu
{quote} Hi Kfx, Thanks in advance for the effort you put on this to explain us the system. The biggest problem is the "language" my friend. I am sure I understood very different than you tried to tell. Here is what I understood and I know I am wrong. So please could you just explain the simple example in more detail and with clear sentences or drawings. I guess your system is strong but please help us to understand what this system is about. Many Thanks {image}
Hi Ata-Turkoglu, welcome to the thread. Here is your answer. Hope this help you.

http://oi61.tinypic.com/2s7gc53.jpg
  • #60
  • Aug 2, 2014 10:47am Aug 2, 2014 10:47am
Quoting hewtwok
hi great thread n interesting idea but i dont understand anything at all...i will try read again & again appreciate some1 can simplify it
Hi hewtwok, welcome to the thread.

I know this is complicated first if you have not experienced with advanced grids, and second because my english is very bad.

But feel free to post any questions you have and I'll try to answer.
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