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MGH System (Martingale Grid & Hedging)

  • #341
  • Aug 8, 2014 2:18am Aug 8, 2014 2:18am
Quoting yczzd
{quote} The distinguished Ata: I like your design charts, you can let me easily understand MGH rules. Thank you. I hope you can continue to improve this chart Thanks again。。。
Thanks yczzd, you're welcome.. well I will try to continue with 4x, 8x, 16x and 32 x but... since it gets tricky I need to ask additional questions to Kfx, which will surely lead to new discussions.. so it will not be easy..

Happy Trades
Focus only on what truly matters!
  • #342
  • Aug 8, 2014 2:56am Aug 8, 2014 2:56am
Hi Fellows,

I have new questions to find out the details for "Hedge x4" and "Hedge x4 Inside Grid"
(I have to admit even asking questions for this system is tricky, because so many variations.)

Happy Trades
Attached Image (click to enlarge)
Click to Enlarge Name: Q1.jpg Size: 78 KB
Focus only on what truly matters!
  • #343
  • Aug 8, 2014 3:20am Aug 8, 2014 3:20am
Quoting Ata-Turkoglu
Hi Fellows, I have new questions to find out the details for "Hedge x4" and "Hedge x4 Inside Grid" (I have to admit even asking questions for this system is tricky, because so many variations.) Happy Trades {image}
Good morning all!!!.

Hi Ata
For me it looks like on the picture

Attached Image (click to enlarge)
Click to Enlarge Name: Q1.jpg Size: 87 KB


but better if you wait for rest of the experts
  • #344
  • Aug 8, 2014 3:23am Aug 8, 2014 3:23am
Quoting Ata-Turkoglu
Hi Fellows, I have new questions to find out the details for "Hedge x4" and "Hedge x4 Inside Grid" (I have to admit even asking questions for this system is tricky, because so many variations.) Happy Trades {image}
Well done, Ata, very clear!
For me the right one is scenario 2; at grey point we close 3 sell x1 and open 1 sell x4.
Waiting for spydermen or kfx answers!
  • #345
  • Aug 8, 2014 4:06am Aug 8, 2014 4:06am
holy cow!

i left this thread for a week and it reached page 18 and the EA is done already.
congrats to all involve!! FF sure has a lot of bright talent.
  • #346
  • Aug 8, 2014 4:18am Aug 8, 2014 4:18am
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}
Ata,

thanks for the flow chart man! it make thing easier to understand for the newcomer.
  • #347
  • Aug 8, 2014 4:53am Aug 8, 2014 4:53am
Quoting catextract89
{quote} Ata, thanks for the flow chart man! it make thing easier to understand for the newcomer.
You're welcome brother.. I know with strong cooperation we will beat this MGH beast soon and make it easy to trade with

Happy Trades
Focus only on what truly matters!
  • #348
  • Aug 8, 2014 5:08am Aug 8, 2014 5:08am
Quoting kaczucha11
{quote} Good morning all!!!. Hi Ata For me it looks like on the picture {image} but better if you wait for rest of the experts
Thanks kaczucha.. your answer concentrates purely on "the close of 1x sells" and so you are following the first rule of "avoiding a possible range" by waiting for price to fall one more level . I clearly understood your logic but yes, I want to wait till Kfx or Spyderman shares their thoughts.

In 3 scenarios price still goes down so my questions are focusing on 4x for now. Later I will prepare scenarios where price comes back and triggers x4 Inside Grid.

And catextract.... welcome back bro.. so in your answer I see that you follow the 30 pips rule already. But the 30 pips rule is only triggered if you have one 1x grid open and one 2x grid open and the distance between them is 30 pips. In all 3 scenarios this is never the case. I see your logic but that's another step which I will ask soon. But many thanks for participating.. that's all what we need

Happy Trades
Focus only on what truly matters!
  • #349
  • Aug 8, 2014 6:17am Aug 8, 2014 6:17am
Hello, work the EA?.... thanks
  • #350
  • Aug 8, 2014 6:28am Aug 8, 2014 6:28am
Quoting kaczucha11
{quote} Good morning all!!!. Hi Ata For me it looks like on the picture {image} but better if you wait for rest of the experts

Hey guys...nice of you to all be working while I slept...

You got the idea Kaczucha. In all 3 you TP on the x1's and then you start the x4's 1 level below that point.
  • #351
  • Aug 8, 2014 6:31am Aug 8, 2014 6:31am
Here's an update on my EU trades.

My first 2 trades closed for 50 pips net profit. New series started with a sell.
Vertical lines will separate series.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD!H1.png Size: 60 KB
  • #352
  • Aug 8, 2014 6:53am Aug 8, 2014 6:53am
Quoting spyderman
Here's an update on my EU trades. My first 2 trades closed for 50 pips net profit. New series started with a sell. Vertical lines will separate series. {image}
Nice one
  • #353
  • Aug 8, 2014 7:30am Aug 8, 2014 7:30am
Quoting hewtwok
cant seem to get the EA working. any ideas? what version of Mt4?
what error you got?
  • #354
  • Aug 8, 2014 7:31am Aug 8, 2014 7:31am
Hi Folks,

Thanks to spyderman for answering the first part of my question.. here the further part of my question regarding to "Hedge x4"

Happy Trades
Attached Image
Focus only on what truly matters!
  • #355
  • Aug 8, 2014 7:57am Aug 8, 2014 7:57am
Quoting Ata-Turkoglu
Hi Folks, Thanks to spyderman for answering the first part of my question.. here the further part of my question regarding to "Hedge x4" Happy Trades {image}
Black dot - nothing
Gray dot - nothing
Blue dot - x4 sell (1st) --- there is 50 pips between x1 & x2 grids, you wait for 1/2 way (25 pips) and then go to next level closest to oldest open grid (x1)
Orange dot - TP on 1st x4 - place 2nd x4 sell
Red dot - TP on 2nd x4 - place 3rd x4 sell
Green dot - TP on 3rd x4 - place 4th x4 sell
Red circle - place 5th x4 sell (4th & 5th now open)
Orange circle - place 6th sell (4th, 5th & 6th open)
Blue, Gray & Black circles - nothing...you have two outside grids open (x1 & x2) and the x4 inside grid. Now you wait until either the x2 or x1 grid closes and then start the x8 1 level beyond that TP
  • #356
  • Aug 8, 2014 8:10am Aug 8, 2014 8:10am
Quoting spyderman
{quote} Black dot - nothing Gray dot - nothing Blue dot - x4 sell (1st) --- there is 50 pips between x1 & x2 grids, you wait for 1/2 way (25 pips) and then go to next level closest to oldest open grid (x1) Orange dot - TP on 1st x4 - place 2nd x4 sell Red dot - TP on 2nd x4 - place 3rd x4 sell Green dot - TP on 3rd x4 - place 4th x4 sell Red circle - place 5th x4 sell (4th & 5th now open) Orange circle - place 6th sell (4th, 5th & 6th open) Blue, Gray & Black circles - nothing...you have two outside grids open (x1 & x2) and the x4 inside grid. Now...
Perfect I checked and yep.. everything you said is excellent.. are you really The Spiderman? You know I am starting to believe you are sitting in front of your computer with spider suit on lol

Thanks a lot mate

Happy Trades
Focus only on what truly matters!
  • #357
  • Aug 8, 2014 8:21am Aug 8, 2014 8:21am
Quoting Ata-Turkoglu
{quote} Perfect I checked and yep.. everything you said is excellent.. are you really The Spiderman? You know I am starting to believe you are sitting in front of your computer with spider suit on lol Thanks a lot mate Happy Trades

Attached Image (click to enlarge)
Click to Enlarge Name: Snaggin' some Pips.jpg Size: 238 KB
  • #358
  • Aug 8, 2014 8:35am Aug 8, 2014 8:35am
Quoting spyderman
{quote} {image}
  • #359
  • Aug 8, 2014 12:25pm Aug 8, 2014 12:25pm
@kfx

Do the mentioned profit targets refer to the entire "basket" from Trade No.1. (i.e. including all already closed trades' profits) or only to the last open batches at the final close? Thanks!
  • #360
  • Aug 8, 2014 1:01pm Aug 8, 2014 1:01pm
Quoting FxMasterGuru
@kfx Do the mentioned profit targets refer to the entire "basket" from Trade No.1. (i.e. including all already closed trades' profits) or only to the last open batches at the final close? Thanks!
FX
its for the entire current series since x1. All closed profits - floating DD
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