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Attachments: MGH System (Martingale Grid & Hedging)
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MGH System (Martingale Grid & Hedging)

  • #301
  • Edited 9:24am Aug 7, 2014 8:58am | Edited 9:24am
Attached is a simple EA I wrote. The initial entry rule i use is Daily close. if daily close is higher EA opens buy else opens sell. inside grid is not implemented yet.
Attached File(s)
File Type: ex4 mghEAv1.0.ex4   45 KB | 653 downloads
File Type: mq4 mghEAv1.0.mq4   12 KB | 845 downloads
File Type: mq4 OrderSendReliable.mq4   28 KB | 838 downloads
  • #302
  • Edited 9:46am Aug 7, 2014 9:06am | Edited 9:46am
Quoting GoldenEA
Attached is a simple EA I wrote. The initial entry rule i use is Daily close. if daily close is higher EA opens buy else opens sell. inside grid is not implemented yet. {file}

Wow.. dude.. you are quick well done...

And here is the Hedge x2 Road Map together with earlier 1x map (so newcomers can see them together)... Hedge x2 could contain errors.. so I will renew image if our masters detect mistakes.. no worries

Happy Trades
Attached Image(s) (click to enlarge)
Click to Enlarge Name: First-Step-Diagram-V2.jpg Size: 228 KB
Click to Enlarge Name: Second-Step-Diagram.jpg Size: 235 KB
Focus only on what truly matters!
  • #303
  • Aug 7, 2014 9:12am Aug 7, 2014 9:12am
Quoting GoldenEA
Attached is a simple EA I wrote. The initial entry rule i use is Daily close. if daily close is higher EA opens buy else opens sell. inside grid is not implemented yet. {file}
Thanks for your EA.

Can you post the mq4 file so other users can review the code or improve it?
  • #304
  • Aug 7, 2014 9:18am Aug 7, 2014 9:18am
Quoting Kfx
{quote} Thanks for your EA. Can you post the mq4 file so other users can review the code or improve it?
done
  • #305
  • Aug 7, 2014 9:24am Aug 7, 2014 9:24am
Quoting Ata-Turkoglu
{quote} Wow.. dude.. you are quick well done... And here is the Hedge x2 Road Map... could contain errors.. so I will renew image if people detect mistakes.. no worries Happy Trades {image}
Thanks Ata.

1.- From A2 would be shorts, not longs, because we come from A (buys) .... Same thing for B2.

2.- The 100 pips profit would be the sum of x2 trades minus x1 trades.

3. "If 2x trades profit sum not 100 pips continue from A2" in thi sentence you have to write B2, in the B2 section.

I think thats all.
  • #306
  • Aug 7, 2014 9:25am Aug 7, 2014 9:25am
Quoting GoldenEA
{quote} done
Thanks.

I know just a little bit of coding so maybe a I can check ie a little bit.
  • #307
  • Aug 7, 2014 9:35am Aug 7, 2014 9:35am
Quoting Kfx
{quote} Thanks Ata. 1.- From A2 would be shorts, not longs, because we come from A (buys) .... Same thing for B2. 2.- The 100 pips profit would be the sum of x2 trades minus x1 trades. 3. "If 2x trades profit sum not 100 pips continue from A2" in thi sentence you have to write B2, in the B2 section. I think thats all.
Ooops.. yep I noticed your corrections now.. image fixed..

Happy Trades
Focus only on what truly matters!
  • #308
  • Aug 7, 2014 9:42am Aug 7, 2014 9:42am
Quoting Ata-Turkoglu
{quote} Wow.. dude.. you are quick well done... And here is the Hedge x2 Road Map together with earlier 1x map (so newcomers can see them together)... Hedge x2 could contain errors.. so I will renew image if our masters detect mistakes.. no worries Happy Trades {image} {image}

The only thing I noticed on the 2nd sheet was that the move to A4 or B4 is conditional on the distance between the x1 & x2 outside grids. If less than 30 pips then you just have to wait it out.
  • #309
  • Aug 7, 2014 9:44am Aug 7, 2014 9:44am
Only to say thank you to Kfx (the boss), Spider, Ata, Golden, etc.
Very very very good work!
Great guys!
  • #310
  • Aug 7, 2014 9:46am Aug 7, 2014 9:46am
Quoting Ata-Turkoglu
{quote} Ooops.. yep I noticed your corrections now.. image fixed.. Happy Trades

Great job ATA...
As Kfx mentioned in his point 2 should be sum of x2 trades minus x1 trades. It still says +. It might be even clearer to say ..."sum of x2 trades - floating loss from x1 trades"
  • #311
  • Aug 7, 2014 9:48am Aug 7, 2014 9:48am
Quoting spyderman
{quote} The only thing I noticed on the 2nd sheet was that the move to A4 or B4 is conditional on the distance between the x1 & x2 outside grids. If less than 30 pips then you just have to wait it out.
Yes, that's correct, should be an option for the transition to an x4 inside grid from x2, if the distance >=30 between x1 and x2, and another option to standard x4 grid as you have.
  • #312
  • Aug 7, 2014 9:56am Aug 7, 2014 9:56am
Quoting spyderman
{quote} The only thing I noticed on the 2nd sheet was that the move to A4 or B4 is conditional on the distance between the x1 & x2 outside grids. If less than 30 pips then you just have to wait it out.
Yes I was thinking about that but left it because I really had no idea about it then.. so what you are saying is we should start to check for a condition at that point like this:

functionCheckDistance()
{

When difference of (1x open trades TP price) AND (2x open trades TP price) >= 30

{

Only then we go to A4 or B4 right?????????

}

else

{

We do nothing and wait right?

}

}

Is that what you meant?
Focus only on what truly matters!
  • #313
  • Aug 7, 2014 10:16am Aug 7, 2014 10:16am
Great work.

Many Thanks, Golden and Ata...
  • #314
  • Aug 7, 2014 10:31am Aug 7, 2014 10:31am
Quoting Ata-Turkoglu
{quote} Yes I was thinking about that but left it because I really had no idea about it then.. so what you are saying is we should start to check for a condition at that point like this: functionCheckDistance() { When difference of (1x open trades TP price) AND (2x open trades TP price) >= 30 { Only then we go to A4 or B4 right????????? } else { We do nothing and wait right? } } Is that what you meant?

Except its not the distance between the TP's. It's the difference between the 3rd x1 position and the 3rd x2 position.
  • #315
  • Aug 7, 2014 10:33am Aug 7, 2014 10:33am
Quoting spyderman
{quote} Except its not the distance between the TP's. It's the difference between the 3rd x1 position and the 3rd x2 position.

And then if that distance is 30 or greater you have to calculate where you start the x4. Kfx stipulates 1/2 the distance and then the next level closest to the x1 trades.
  • #316
  • Aug 7, 2014 11:03am Aug 7, 2014 11:03am
Quoting spyderman
{quote} And then if that distance is 30 or greater you have to calculate where you start the x4. Kfx stipulates 1/2 the distance and then the next level closest to the x1 trades.

If (difference of (Entry Price of Last Opened x1 Trade) AND (Entry Price of Last Opened x2 Trade) >= 30

{

CalculateX4StartingPoint();

}


So now.. how we are calculating x4 starting point? We take the half its 15.. but we cannot open on 15 grids. If distance is 40 we can take middle point 20 .. can someone explain please.. here I hesitate again...


Focus only on what truly matters!
  • #317
  • Aug 7, 2014 11:05am Aug 7, 2014 11:05am
Quoting Ata-Turkoglu
{quote} If (difference of (Entry Price of Last Opened x1 Trade) AND (Entry Price of Last Opened x2 Trade) >= 30 { CalculateX4StartingPoint(); } So now.. how we are calculating x4 starting point? We take the half its 15.. but we cannot open on 15 grids. If distance is 40 we can take middle point 20 .. can someone explain please.. here I hesitate again...

If the 1/2 way point doesn't hit on a grid then we start the inside grid at the next level (after 1/2 way point) closer to the first outside grid...in this case the x1's

See Kfx's post #43
  • #318
  • Aug 7, 2014 11:32am Aug 7, 2014 11:32am
This is the "Hedge x32 inside grid" .... 5.000+ pips DD.

Maybe it would be a good idea to start with the next level 10 pips away fom inside grid get TP, and not wait for a side level to get TP.

http://oi58.tinypic.com/2mg5y0y.jpg
  • #319
  • Aug 7, 2014 11:49am Aug 7, 2014 11:49am
Quoting GoldenEA
Attached is a simple EA I wrote. The initial entry rule i use is Daily close. if daily close is higher EA opens buy else opens sell. inside grid is not implemented yet. {file} {file} {file}

Hello GoldenEa an everyone

i wonder if OrderSendReliable.mq4 is not an MQH file ?
  • #320
  • Aug 7, 2014 11:53am Aug 7, 2014 11:53am
Quoting ckikadikoi
{quote} Hello GoldenEa an everyone i wonder if OrderSendReliable.mq4 is not an MQH file ?
doesn't matter. just put it in the include folder.
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