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MGH System (Martingale Grid & Hedging)

  • #281
  • Aug 7, 2014 6:20am Aug 7, 2014 6:20am
Quoting Ata-Turkoglu
Hi Kfx and Spyderman, Now before I continue with the next levels here a question where I need the answer for. (I changed one of Kfx's example images so it fits my question) Many Thanks {image}
Ata,

You do take the other to x2 longs, leaving you 3 open. Once the x1's TP they are gone, so then you start the x4's one level before that x1 TP. It's not an x4 inside grid because the x1's are gone, so now it's an x4 outside.
  • #282
  • Aug 7, 2014 6:22am Aug 7, 2014 6:22am
Quoting Ata-Turkoglu
Hi Kfx and Spyderman, Now before I continue with the next levels here a question where I need the answer for. (I changed one of Kfx's example images so it fits my question) Many Thanks {image}
Hi Ata!!
I know this question is not addressed to me but I let myself to tell my opinion
I'm sorry if I'm wrong.

Attached Image (click to enlarge)
Click to Enlarge Name: Question2.jpg Size: 251 KB
  • #283
  • Aug 7, 2014 6:25am Aug 7, 2014 6:25am
Quoting kaczucha11
{quote} Hi Ata!! I know this question is not addressed to me but I let myself to tell my opinion I'm sorry if I'm wrong. {image}

Kacz,

I think you got the idea. Just wait 1 more level down before starting that x4
  • #284
  • Aug 7, 2014 6:29am Aug 7, 2014 6:29am
Quoting spyderman
{quote} Kacz, I think you got the idea. Just wait 1 more level down before starting that x4
ohh ok sorre I am continuously learning
  • #285
  • Aug 7, 2014 6:34am Aug 7, 2014 6:34am
Quoting Ata-Turkoglu
{quote} Hi Spyderman, Yes the A and C part was confusing so I fixed that, and I also fixed the issue where we start x2. Thanks mate! {quote} Hi Dashisiong, Yes I almost got it right and now I fixed it with the kind help of Spyderman. I needed to be at least 90% sure before I prepared the 1x part. Now the rest is actually not so difficult anymore but it needs more space compared to this image. So I will try to create it on one big page. Will let you all know soon. Happy Trades {image}
ATA - good work. I think you got it. We'll know for sure when the "Maestro" comes by.


I'd only change 1 thing, not because it's wrong, but just for clarity.

For the first line you might put something like..."Did price just touch a level ------> from above--------> from below---------> no-------> Wait till a touch happens
! !
Start from A Start from B

No big, just my thought

EDIT: I couldn't get the arrows to line up going down, but you get the idea...
  • #286
  • Aug 7, 2014 6:37am Aug 7, 2014 6:37am
Quoting spyderman
{quote} Kacz, I think you got the idea. Just wait 1 more level down before starting that x4
Very good.. its nice to see that my questions bring other's wrongs to surface so we all can learn and fix our mistakes..

Thanks spyderman.. so your opinion is "to open longs even in that scenario".. before I can build up I must hear Kfx's comment though..

Happy Trades
Focus only on what truly matters!
  • #287
  • Aug 7, 2014 6:40am Aug 7, 2014 6:40am
Quoting spyderman
{quote} ATA - good work. I think you got it. We'll know for sure when the "Maestro" comes by. I'd only change 1 thing, not because it's wrong, but just for clarity. For the first line you might put something like..."Did price just touch a level ------> from above--------> from below---------> no-------> Wait till a touch happens ! ! Start from A Start from B No big, just my thought EDIT: I couldn't get the arrows to line up going down, but you get the idea...
Hmmm.. what happens if it touches from below??? Can we start the series with shorts??? I didnt read that in original rules. Kfx always starts with a long trade. So there is no option like "if it touches from below" because we do nothing there. Right????

Happy Trades
Focus only on what truly matters!
  • #288
  • Aug 7, 2014 6:49am Aug 7, 2014 6:49am
Quoting Ata-Turkoglu
{quote} Hmmm.. what happens if it touches from below??? Can we start the series with shorts??? I didnt read that in original rules. Kfx always starts with a long trade. So there is no option like "if it touches from below" because we do nothing there. Right???? Happy Trades

I'm sure that's just his example. All the rules just flipped. When you start a new pair, you have to start somewhere. After the initial start it won't matter on subsequent series.
  • #289
  • Aug 7, 2014 6:52am Aug 7, 2014 6:52am
Quoting spyderman
{quote} I'm sure that's just his example. All the rules just flipped. When you start a new pair, you have to start somewhere. After the initial start it won't matter on subsequent series.
Ok.. then we have to mirror the whole story close to what you said for 1x.. but gosh all other variations will give a headache then.. will try my best though :nerd:

Happy Trades
Focus only on what truly matters!
  • #290
  • Aug 7, 2014 7:00am Aug 7, 2014 7:00am
Quoting Ata-Turkoglu
{quote} Ok.. then we have to mirror the whole story close to what you said for 1x.. but gosh all other variations will give a headache then.. will try my best though :nerd: Happy Trades

It should all be the same after the initial entry. It's just which path, A or B
  • #291
  • Aug 7, 2014 7:27am Aug 7, 2014 7:27am
Hi all !!

I have to say sorry to all for not answer you as quickly as I wanted, or perhaps skip any post.

This thread has overwhelmed me and I did not think it was going to be so popular.

Well ... between this, my difficulties with English and my life, is a bit complicated to follow all the comments so I hope you understand.

Cheers!
  • #292
  • Edited 9:20am Aug 7, 2014 7:30am | Edited 9:20am
Edited: New image has been added so ignore this post and jump here please: http://www.forexfactory.com/showthre...72#post7658372

Quoting spyderman
{quote} It should all be the same after the initial entry. It's just which path, A or B
Your wish is my command captain here we go....

Happy Trades
Attached Image (click to enlarge)
Click to Enlarge Name: First-Step-Diagram-V2.jpg Size: 246 KB
Focus only on what truly matters!
  • #293
  • Edited 7:48am Aug 7, 2014 7:34am | Edited 7:48am
Quoting Delfin
Hi Kfx I'm also developing grid strategies for a while, and its inspiring to see an other perspective on the subject. Its an interesting variation. Until now I only used one hedge position, if the price happens to leave the range I put the grid on, but the possibility of a multi-hedge was always in my mind. The problem is always the fragile nature of grids, and that the loss with a diluted position rises exponentially. I think I get what you came up with, but honestly I still don't see what happens when the 2x buys that should hedge the 1x sells...
Hi Delfin, welcome to the thread!

When the 2x buys get in trouble, you have to start with "Hedge x4". Please, read the first post for more info.
  • #294
  • Aug 7, 2014 7:36am Aug 7, 2014 7:36am
Quoting Ata-Turkoglu
Hi All, I tried to prepare a road map for coding purpose and also to make the learning process of MGH theory easier. It still is not finished (consists only from step 1x) and also needs to be checked if I did any mistakes. (Actually I wanted to trigger something in minds of those who are able to write EA code for MT4.) Many Thanks IMPORTANT!!! The image has changed, so please ignore this and go directly to my later post: http://www.forexfactory.com/showthre...46#post7657046 {image}
GREAT, GREAT, GREAT, Work .... Give me some time to check it.
  • #295
  • Aug 7, 2014 7:41am Aug 7, 2014 7:41am
Quoting spyderman
I really have no clue yet what kind of MM to throw at this. I'm just going to start small and see what kind of position sizes I end up with. Kfx - Have you traded this much, or is it more of a new method for you as well?
First, spyderman, thanks to answer most os the forum member question, I realy apreciate it. I will pay you some beers

I do not traded this system, it is a projetct in building process.
  • #296
  • Aug 7, 2014 7:41am Aug 7, 2014 7:41am
Quoting Kfx
{quote} GREAT, GREAT, GREAT, Work .... Give me some time to check it.
Hi Kfx,

Thanks but please skip my earlier images. Start directly from here (Post 292): http://www.forexfactory.com/showthre...37#post7657937

Happy Trades
Focus only on what truly matters!
  • #297
  • Aug 7, 2014 7:48am Aug 7, 2014 7:48am
Quoting Ata-Turkoglu
{quote} Hi Kfx, Thanks but please skip my earlier images. Start directly from here (Post 292): http://www.forexfactory.com/showthre...37#post7657937 Happy Trades
Ok.

I have checked the Super Spyderman replies and he answered you correctly to all.
  • #298
  • Aug 7, 2014 8:01am Aug 7, 2014 8:01am
Quoting Ata-Turkoglu
{quote} Your wish is my command captain here we go.... Happy Trades {image}
Ok Ata, just checked your great work.

As I see it is all right. You have found a great way to explain the system with these diagrams.

From tomorrow until Tuesday I can not connect to the forum but today I will have 4 or 5 free hours, so if you finish "Hedge x2" chart today, I check it quickly.

Thank you again.
  • #299
  • Aug 7, 2014 8:06am Aug 7, 2014 8:06am
Quoting Kfx
{quote} Ok Ata, just checked your great work. As I see it is all right. You have found a great way to explain the system with these diagrams. From tomorrow until Tuesday I can not connect to the forum but today I will have 4 or 5 free hours, so if you finish "Hedge x2" chart today, I check it quickly. Thank you again.
Okeedokee Kfx.. will do the best I can as quick as possible..

Happy Trades
Focus only on what truly matters!
  • #300
  • Aug 7, 2014 8:08am Aug 7, 2014 8:08am
I m preparing some chart with a "Hedge x32 inside grid" with a big DD.

This may discourage us a bit, because every time we need to add new levels, our drawdown increases and we have to lower the risk, with the consequent drop of profit, especially if we work with small account.
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