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MGH System (Martingale Grid & Hedging)

  • #81
  • Aug 2, 2014 1:44pm Aug 2, 2014 1:44pm
Subscribed as i love grid and martin. I need sometime later to read again your system

Best to explain with charts and thanks for sharing.
Patience, let the market come to you!
  • #82
  • Aug 2, 2014 2:05pm Aug 2, 2014 2:05pm
Quoting dashisiong
Subscribed as i love grid and martin. I need sometime later to read again your system Best to explain with charts and thanks for sharing.
Hi dashisiong, welcome to the thread.

Hope you understand all, if not, you can ask me your doubts.
  • #83
  • Aug 2, 2014 2:15pm Aug 2, 2014 2:15pm
Quoting spyderman
So Kfx...let me recap some permutations in my mind so I have them straight. If the reaching of a level (let's say from the top side coming down) closes out a series and starts a new one, than we would be placing a new 1x buy at that level. For an x2 or any subsequent outside grid (like the x8 mentioned above) the entry comes after moving another level from the previous trade. An inside grid is formed if there is at least 3 levels between the nearest levels of the two outside grids. Inside grid starts at 1/2 way between outside grids (or next level...
I have re-readed and traslated your post, and all that you have said is correct.
  • #84
  • Aug 2, 2014 2:24pm Aug 2, 2014 2:24pm
[quote=Kfx;7647664]{quote} I have re-readed and traslated your post, and all that you have said is correct.

Sorry it was confusing
  • #85
  • Aug 2, 2014 2:37pm Aug 2, 2014 2:37pm
Quoting spyderman
Sorry it was confusing
No problem
  • #86
  • Aug 2, 2014 3:07pm Aug 2, 2014 3:07pm
Hi Again Kfx,

So like I mentioned before I want to go step by step.. and now I examined your second simple example you called Hedge x2.. you will see my new questions on the drawing.. I want to be sure again if my thinkng process is right.

Many Thanks
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Focus only on what truly matters!
  • #87
  • Aug 2, 2014 3:34pm Aug 2, 2014 3:34pm
Quoting Ata-Turkoglu
Hi Again Kfx, So like I mentioned before I want to go step by step.. and now I examined your second simple example you called Hedge x2.. you will see my new questions on the drawing.. I want to be sure again if my thinkng process is right. Many Thanks {image}
There you go ...

http://oi57.tinypic.com/15otto1.jpg
  • #88
  • Aug 2, 2014 5:24pm Aug 2, 2014 5:24pm
Quoting Kfx
{quote} There you go ... {image}
Hi Kfx, I am the newest one, who have interest.
I am going to learn it step by step.
In all you SS, you use 5 min TF, right? EU pair?
I want to look at it in my chart for better understanding.
what about the spread different broker with different spread.
i am a beginner, so one pair is enough
  • #89
  • Aug 2, 2014 7:02pm Aug 2, 2014 7:02pm
kfx, thanks for sharing. Ive been playing recently in the past few weeks with same strategy but using zz_semafore. Im still confuse about your hedge strategy. Kindly please post your chart with info about your sells and buys.Thanks!
  • #90
  • Aug 2, 2014 8:05pm Aug 2, 2014 8:05pm
Quoting Kfx
{quote} 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.
ok, lets go with a numerical example....

say price dropped from 1.0100 to 1.0090, i buy 1 Lot at 1.0090 with TP 10 pips (TP 1.0100)
price dropped further to 1.0080, buy 1 Lot at 1.0080 with TP 10 pips (TP 1.0090)
price dropped further to 1.0070, buy 1 Lot at 1.0070 with TP 20 pips (TP 1.0090)

so far am i rite?

let say price decided to dropped more to 1.0060, i enter 2 Lot Sell at 1.0060? TP 10 pips?
price dropped further to 1.0050, enter another 2 Lot Sell at 1.0050 with TP10 pips?

No SL set for every entry rite?

Thanks!
  • #91
  • Aug 3, 2014 12:06am Aug 3, 2014 12:06am
Hi KFX!
Are you sure that the correct way!
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  • #92
  • Aug 3, 2014 12:47am Aug 3, 2014 12:47am
Hi Kfx!

Could you please upload few of your charts of entry
&exists so we could understand easly.

I appreciate your time and effort.
Take care
Loveandpeace
  • #93
  • Aug 3, 2014 1:54am Aug 3, 2014 1:54am
Quoting culik_gpl
{quote} Hi Kfx, I am the newest one, who have interest. I am going to learn it step by step. In all you SS, you use 5 min TF, right? EU pair? I want to look at it in my chart for better understanding. what about the spread different broker with different spread.
Hi culik_gpl, welcome to the thread.

Yes, I use 5 min TF in EUR/USD pair

About spread, It is a good question. In my trades, the spread is allways included so for example 10 pips is the net gain. I apply 0.4 pips spread because is the double of the average spread that my broker have.

But, in my case, to all my gains I have to discount all the commisions, so depending on the number of trades I pay more or less.
  • #94
  • Aug 3, 2014 1:56am Aug 3, 2014 1:56am
Quoting mario777
kfx, thanks for sharing. Ive been playing recently in the past few weeks with same strategy but using zz_semafore. Im still confuse about your hedge strategy. Kindly please post your chart with info about your sells and buys.Thanks!
Quoting loveandpeace
Hi Kfx! Could you please upload few of your charts of entry &exists so we could understand easly. I appreciate your time and effort. Take care Loveandpeace
Hi mario777 and loveandpeace, welcome to the thread.

You have this pictures in the first post.
  • #95
  • Aug 3, 2014 2:02am Aug 3, 2014 2:02am
Quoting hewtwok
{quote} ok, lets go with a numerical example.... say price dropped from 1.0100 to 1.0090, i buy 1 Lot at 1.0090 with TP 10 pips (TP 1.0100) price dropped further to 1.0080, buy 1 Lot at 1.0080 with TP 10 pips (TP 1.0090) price dropped further to 1.0070, buy 1 Lot at 1.0070 with TP 20 pips (TP 1.0090) so far am i rite? let say price decided to dropped more to 1.0060, i enter 2 Lot Sell at 1.0060? TP 10 pips? price dropped further to 1.0050, enter another 2 Lot Sell at 1.0050 with TP10 pips? No SL set for every entry rite? Thanks!
Yes, all that you have said is correct.

No SL.
  • #96
  • Aug 3, 2014 2:22am Aug 3, 2014 2:22am
Quoting hewtwok
{quote} ok, lets go with a numerical example.... say price dropped from 1.0100 to 1.0090, i buy 1 Lot at 1.0090 with TP 10 pips (TP 1.0100) price dropped further to 1.0080, buy 1 Lot at 1.0080 with TP 10 pips (TP 1.0090) price dropped further to 1.0070, buy 1 Lot at 1.0070 with TP 20 pips (TP 1.0090) so far am i rite? let say price decided to dropped more to 1.0060, i enter 2 Lot Sell at 1.0060? TP 10 pips? price dropped further to 1.0050, enter another 2 Lot Sell at 1.0050 with TP10 pips? No SL set for every entry rite? Thanks!
continuing my above example....
if price further drop 1.0040, sell another 2 Lot at 1.0040 TP10?

the original 3 buy of 1 Lot will forever be floating? No emergency exit of close all at net profit?
  • #97
  • Aug 3, 2014 2:56am Aug 3, 2014 2:56am
Quoting hewtwok
{quote} continuing my above example.... if price further drop 1.0040, sell another 2 Lot at 1.0040 TP10? the original 3 buy of 1 Lot will forever be floating? No emergency exit of close all at net profit?
Not forever, but until we get our target, in this case 100 net pips or our loss percent.

It would be a rare situation the price go up or down 1.000 or 2.000 pips without give the x2 trades opportunities to get profits with some grids.

But of course you never know, so we have our percent stop, so it can happen.
  • #98
  • Aug 3, 2014 3:02am Aug 3, 2014 3:02am
This is another example of "Basic entries" when our martingale and hedging are not necessary to use yet, only grids.

I think this time will be quite clear, I do not know how to simplify it more

http://oi61.tinypic.com/505p5g.jpg
  • #99
  • Aug 3, 2014 3:16am Aug 3, 2014 3:16am
Quoting Kfx
This is another example of "Basic entries" when our martingale and hedging are not necessary to use yet, only grids. I think this time will be quite clear, I do not know how to simplify it more {image}
Hallo KFX.
Thks, that's very clear!
Can you make an example also for x4, x8, x16, x32, please?
And so far, can you explain how we have to proceed from one "x..." step to another (for ex. from x4 to x8)?
Thank you .
  • #100
  • Aug 3, 2014 5:09am Aug 3, 2014 5:09am
Hi KFX,

i also want to join your thread to test the system. I have draw some entrys on eur/usd m5 from last friday.

Plz can you comment my entrys if right or wrong?!

I took 6 trades, but iam not sure whatīs with "sell 2" ( i think thats a loss) and "buy 2" (i donīt now the exact BE point/time).

Iīm only take BE and TP with more then 2 pips above or below the grid levels (spread).

Thanks and greetz

Michael
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