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MGH System (Martingale Grid & Hedging)

  • #421
  • Aug 12, 2014 9:12am Aug 12, 2014 9:12am
Quoting spyderman
Just a quick update on my EurUsd 50 pip grid. You might notice a small modification... {image}
Going with the trend today...?
  • #422
  • Aug 12, 2014 9:13am Aug 12, 2014 9:13am
Quoting kaczucha11
Today's trades +60 pips {image} regards
Good to see that keeping the TP in place has worked out nicely today.
  • #423
  • Aug 12, 2014 9:23am Aug 12, 2014 9:23am
Quoting Paracelsus
{quote} Going with the trend today...?

Yes...and some TP mods too...
  • #424
  • Aug 12, 2014 5:25pm Aug 12, 2014 5:25pm
Hey guys I have a very simple question: Is anyone making consistent money with a defined grid system for more than 2 months? If so I would love to study what they are doing.
  • #425
  • Aug 12, 2014 7:49pm Aug 12, 2014 7:49pm
Who can recommend it, we now learn which version is better, the original? Or modified?
very thanks.
  • #426
  • Aug 12, 2014 8:01pm Aug 12, 2014 8:01pm
Quoting Paracelsus
Excellent observations and very true quotation, David. Thanks. I totally agree about its validity for "trading systems".
Paracelsus,

I just wanted to acknowledge your post. I don't have any suggestions on how the grid can be improved, and the OP has asked that the thread doesn't evolve into a martingale discussion, so there's nothing really constructive that I can contribute.

Anyway, good luck, I believe that you're asking the right kind of questions, and I hope that you find some worthwhile answers.

David
  • #427
  • Aug 12, 2014 9:09pm Aug 12, 2014 9:09pm
Hi, Ata.
How is your flowchart, very much looking forward to your work.

And GoldenEA：
your EA further perfect? We want to test it.

Thank you for your hard work and dedication.
  • #428
  • Aug 12, 2014 10:35pm Aug 12, 2014 10:35pm
Quoting alllivemind
Hey guys I have a very simple question: Is anyone making consistent money with a defined grid system for more than 2 months? If so I would love to study what they are doing.
EXPERT4U.COM
  • #429
  • Aug 12, 2014 10:37pm Aug 12, 2014 10:37pm
If we replace tp by breaceven then it will be become trand multiplayer
  • #430
  • Aug 12, 2014 10:44pm Aug 12, 2014 10:44pm
I HAVE FIND SOME EA RELATED TO TREND MUTIPLYER .http://www.mql5.com/en/code/10576
Attached File(s)
File Type: mq4 MLTrendE (1).mq4   10 KB | 588 downloads
File Type: mq4 MLTrendE_V2 (1).mq4   13 KB | 555 downloads
File Type: mq4 MLTrendE_V2 (2).mq4   13 KB | 670 downloads
File Type: mq4 MLTrendE.mq4   10 KB | 622 downloads
File Type: mq4 MLTrendE_V2.mq4   13 KB | 771 downloads
  • #431
  • Aug 13, 2014 4:40am Aug 13, 2014 4:40am
Quoting loveandpeace
Hello Master Kfx! You are the real Mentor, Helper, Leader & above all A NICE PERSON. We all should HATS OFF for you For your great work, your time & Effort. And the best thing is that you are Sharing your work with NO COST. I appreciate some others too like Ata-Turkoglu, Spyder-Man, Golden EA Xlcharly., I cannot write all names here. Can someone SUMMERIZE the whole Thread in one IMAGE/CHART. This would be very helpful for me The other new comers too. Take care guys. LoveandPeace
Thanks for you kind words loveandpeace.
  • #432
  • Aug 13, 2014 4:43am Aug 13, 2014 4:43am
Quoting spyderman
Kfx i think the problem is the 10 pip grid. It's just too susceptible to news spikes, etc. don't think a larger grid would be as bad. Could be wrong though
I think not the 10 pip grid but the adaptation of the grid size to the pair or volatility.
  • #433
  • Aug 13, 2014 4:48am Aug 13, 2014 4:48am
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}
Ata, in all the scenarios you must to wait for x1 trades get TP, and then wait price drops one more level to start with "Hedge x4"
  • #434
  • Aug 13, 2014 4:51am Aug 13, 2014 4:51am
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}
The spyderman reply is correct.
  • #435
  • Aug 13, 2014 4:58am Aug 13, 2014 4:58am
Quoting FxMasterGuru
Some "brainstorming" ideas for further experimentations: 1. First batch entry is in "trend direction": Buy: When price comes from BELOW and touch a grid level (level 1) Sell: When price comes from ABOVE and touch a grid level (level 1) Reasoning: To keep "friendship with the trend" starting from Level1 of Original Batch. (All further "H" Level entries are in "trend direction", so why not first one, too?) 2. Not moving original TP levels when Level2 and Level3 trades are activated. TP: Next level (10 pips) If the price drops 10 pips, add a buy (level...
Hi FxMasterGuru.

Thank you for your own efforts on improving the system.

In the past, I also tried an higher TP and enter in the trend direction, but not both together.

Although I have never thought of running the original system (against the trend) and your mod (for trend). I think that we can get good ideas from here.
  • #436
  • Aug 13, 2014 5:08am Aug 13, 2014 5:08am
One more time ... As I have continue reading I have seen a very good ideas and I want give thanks specialy to Ata, Spyderman and FxMasterGuru.

I think run double grid (original and mod by FxMasterGuru) it wouldbe works great, but it is hard to study the worst scenario. A complete EA will help a lot.
  • #437
  • Aug 13, 2014 5:13am Aug 13, 2014 5:13am
Quoting hanover
{quote} If I may attempt to read between the lines, you're attempting to devise a system that is capable of surviving, despite its having a martingale component. Price movement is pretty much random, hence you must assume that if you trade for long enough, you'll encounter every conceivable price pattern; or put another way, all price patterns are equally likely to occur, albeit in an unknown sequence. Grid systems are especially vulnerable, in that they don't perform analysis specifically...
Yes hanover thanks for your opinion, I totally agree with you.
  • #438
  • Aug 13, 2014 5:18am Aug 13, 2014 5:18am
Hi all

News ruined my yesterday's and today's trades. I think that I have to use bigger grid 20 or 30 because 10 pips is too small for manual trading.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM5.png Size: 49 KB


Properly EA will help

regards
  • #439
  • Aug 13, 2014 5:21am Aug 13, 2014 5:21am
Quoting Paracelsus
I agree to concentrate our efforts more on risk and money management than technical issues, as it seems that small modificiations (incl. entry direction at round numbers and First Batch targets) do not really matter. Each Martingale strategy has a "Death Pattern" or "Death Trail", i.e. a series of specific market moves which lead to the death of the account. Similarly to an imaginary "Death Labyrinth", which has thousands of paths to safe exits, except for one, which leads to a death trap. I call this one path the "Death Trail" which we should avoid...

Hi Paracelsus.

I'm agree with the point 1, but not in point 2. I am in favor of accumulating as many profit as possible for when we lose the stipulated percentage of our account (as you named "Death Pattern"), we have overcome several times with positive profit.
  • #440
  • Aug 13, 2014 5:26am Aug 13, 2014 5:26am
Present EA works great for now, only I do not know how to set up a opening positions on 00 levels. Thanks GoldenEA.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 57 KB


regards
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