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

  • #581
  • Sep 17, 2014 6:49am Sep 17, 2014 6:49am
I hope this post can continue, kfx in there?
  • #582
  • Sep 17, 2014 7:18am Sep 17, 2014 7:18am
Quoting Bendz
Hi, Thanks for your reply. I can't upload the source. So, Here I've copied it. Maybe as a junior member, I don't have permission to upload. Please copy and paste this. I've found one error. X2 begins without the grid size formula (10 pips below / above). I don't know how to correct it. I'm having little problems in pending orders. Please go through it. It's just the beginning of code. So, Yet, I didn't close all and percentage loss routines. Thanks. //+------------------------------------------------------------------+ //| MGH-1.mq4 | //+------------------------------------------------------------------+...
Benzd, thank you for your work!
f it is a complete EA, please, send me in private, and I will upload its mq4 file in here!
It would be wonderful to get an EA which is able to work the same exact mode that this MGH startegy has written.
  • #583
  • Sep 17, 2014 7:43am Sep 17, 2014 7:43am
Hi moncsicsi,

Thanks. It's just fine in set 1 only. Soon, I'll complete the code and send it to you. The idea is really nice. I'm testing it and it's fine in my cent account.
  • #584
  • Sep 17, 2014 9:09am Sep 17, 2014 9:09am
Quoting Bendz
Hi moncsicsi, Thanks. It's just fine in set 1 only. Soon, I'll complete the code and send it to you. The idea is really nice. I'm testing it and it's fine in my cent account.
SUper, Bendz! We are very excited!
  • #585
  • Sep 17, 2014 12:49pm Sep 17, 2014 12:49pm
Hi Kfx!
I sending a screenshot and operations as I understand them.Are they correct?

I hope to be able to send you another screenshot when the market is complicated and that is where I me complicated.

When I have 3 trades from 0.1 lots and not going in the direction I want I give 100pips of margin and if you play it at the next level of 100pips is when I open a trade of 0.2 lots.Is it so?
In the event that it closes arriving at 100pips still opening operations in the same direction or touching the 100pips open operation in the opposite direction?

I hope to finally understand the philosophy of the system and to be able to help in this forum.

Thank you and good trading all
Attached Image (click to enlarge)
Click to Enlarge Name: Kfx1.png Size: 133 KB
Enter Signature
  • #586
  • Sep 17, 2014 2:38pm Sep 17, 2014 2:38pm
Not working in the first post ea!!!
Price is a everything!
  • #587
  • Sep 18, 2014 1:08am Sep 18, 2014 1:08am
Quoting trader48
Not working in the first post ea!!!
see post 554 please.
regards
  • #588
  • Sep 18, 2014 1:23am Sep 18, 2014 1:23am
Quoting Bendz
Hi, Thanks for your reply. I can't upload the source. So, Here I've copied it. Maybe as a junior member, I don't have permission to upload. Please copy and paste this. I've found one error. X2 begins without the grid size formula (10 pips below / above). I don't know how to correct it. I'm having little problems in pending orders. Please go through it. It's just the beginning of code. So, Yet, I didn't close all and percentage loss routines. Thanks.
Hi Bendz!

Thanks for the EA. I hope some code here can help you.
  • #589
  • Sep 18, 2014 1:25am Sep 18, 2014 1:25am
Quoting danc
so simple.. good stuff
Thanks danc!
  • #590
  • Sep 18, 2014 1:26am Sep 18, 2014 1:26am
Quoting yczzd
I hope this post can continue, kfx in there?
Yes, I'm here
  • #591
  • Sep 18, 2014 1:54am Sep 18, 2014 1:54am
Quoting VanDooDoo
Hi Kfx! I sending a screenshot and operations as I understand them.Are they correct? I hope to be able to send you another screenshot when the market is complicated and that is where I me complicated. When I have 3 trades from 0.1 lots and not going in the direction I want I give 100pips of margin and if you play it at the next level of 100pips is when I open a trade of 0.2 lots.Is it so? In the event that it closes arriving at 100pips still opening operations in the same direction or touching the 100pips open operation...
Hi VanDooDoo!

First of all I recomend you to see the "road map" pics at post #302, that can clarify you a lot, as I see you are totally lost.

http://www.forexfactory.com/showthre...72#post7658372

Here is your pic fixed ...

http://oi61.tinypic.com/1c8ck.jpg
  • #592
  • Sep 18, 2014 2:16am Sep 18, 2014 2:16am
Hi KFX,

Thanks for your reply. Golden EA code is good. But your main concept of 00 level orders is an important role in this system. If we can implement limit / pending orders, the system must be a good one.
  • #593
  • Sep 18, 2014 2:19am Sep 18, 2014 2:19am
Hi moncsicsi,

Thanks for your reply. I'm trying to fix the bug. Soon I'll send the code.
  • #594
  • Sep 18, 2014 2:36am Sep 18, 2014 2:36am
Quoting Bendz
Hi KFX, Thanks for your reply. Golden EA code is good. But your main concept of 00 level orders is an important role in this system. If we can implement limit / pending orders, the system must be a good one.
I don't think that using 00 levels would have any major positive impact on the strategy. On the contrary: I can only think of a potential negative impact. If it turns out to be a consistently profitable strategy and everybody would enter/exit at 00 levels, the competing accounts would "kill" each other by causing significant slippage.

It is not a far fetched idea as I am running a successful strategy (see perforamance graph on my bio page) which already starts to suffer from its own success as more and more accounts are fighting for the same entry and exit prices. When brokers notice a sudden influx of large number of orders, they move bid/ask fast in the same direction and/or widen spreads.
  • #595
  • Sep 18, 2014 4:10am Sep 18, 2014 4:10am
Quoting Paracelsus
{quote} I don't think that using 00 levels would have any major positive impact on the strategy. On the contrary: I can only think of a potential negative impact. If it turns out to be a consistently profitable strategy and everybody would enter/exit at 00 levels, the competing accounts would "kill" each other by causing significant slippage. It is not a far fetched idea as I am running a successful strategy (see perforamance graph on my bio page) which already starts to suffer from its own success as more and more accounts are fighting for the...
Hi Paracelsus,

Thanks for your suggestion. I think you may be correct. Then we don't need to worry about 00 in ea.
I can't see the performance graph. What's your choice in pairs for this system? instead of eur/usd?
if you've got any idea please post.
  • #596
  • Sep 18, 2014 8:26am Sep 18, 2014 8:26am
Quoting Bendz
{quote} Hi Paracelsus, Thanks for your suggestion. I think you may be correct. Then we don't need to worry about 00 in ea. I can't see the performance graph. What's your choice in pairs for this system? instead of eur/usd? if you've got any idea please post.
Due to the best spread I would definitely go with EURUSD first, however, any other pairs with reasonable and regular breakout patterns should be just fine.
  • #597
  • Edited 4:39am Sep 20, 2014 4:27am | Edited 4:39am
MGH Beta test in progress as per my modifications (endorsed by Author Kfx in Post #1).

Looking good...! There was no need for hedging so far (strategy is set to go to max. Hedge 16).

Below charts shows 15 closed trades (all profitable) with 18.69 EUR banked profit and 3 open trades with 1.95 EUR floating profit within 24 hours and with 0.01 lot size start. (This is a live ECN account showing 0.05 Euros commissions for each 0.01 lot traded.)

EA results are only for demonstration purposes, EA is not for share or sale.

Attached Image (click to enlarge)
Click to Enlarge Name: MGH Beta 0919.jpg Size: 881 KB


EMA 200 on 1H chart was used for initial and re-reentry directions. "Sell" if price below EMA and "Buy" if price above MA.

Attached Image (click to enlarge)
Click to Enlarge Name: MGH Beta 0919_1H.jpg Size: 532 KB
  • #598
  • Sep 20, 2014 9:17am Sep 20, 2014 9:17am
Quoting Paracelsus
MGH Beta test in progress as per my modifications (endorsed by Author Kfx in Post #1). Looking good...! There was no need for hedging so far (strategy is set to go to max. Hedge 16). Below charts shows 15 closed trades (all profitable) with 18.69 EUR banked profit and 3 open trades with 1.95 EUR floating profit within 24 hours and with 0.01 lot size start. (This is a live ECN account showing 0.05 Euros commissions for each 0.01 lot traded.) EA results are only for demonstration purposes, EA is not for share or sale. {image} EMA 200 on 1H chart was...
Very nice charts Pacacelsus.

It would be interesting to see how the EA performs in fast market movements or at news time.

Very good idea the MA implementation, by the way.
  • #599
  • Sep 20, 2014 10:29am Sep 20, 2014 10:29am
Hi all.

Here is a visual backtest of the system but with many modifications, of almost 1 year. Results are net pips (subtracting commissions) and with no MM.

I still seeing a lot of potential in this concept, but it requires hard work and a lot of testing. My mate is now working on a robot for JForex platform, hopefully soon be finished to speed up the testing task.

Greetings.

http://oi60.tinypic.com/2rpekon.jpg
  • #600
  • Sep 20, 2014 10:48am Sep 20, 2014 10:48am
Quoting Paracelsus
MGH Beta test in progress as per my modifications (endorsed by Author Kfx in Post #1). Looking good...! There was no need for hedging so far (strategy is set to go to max. Hedge 16). Below charts shows 15 closed trades (all profitable) with 18.69 EUR banked profit and 3 open trades with 1.95 EUR floating profit within 24 hours and with 0.01 lot size start. (This is a live ECN account showing 0.05 Euros commissions for each 0.01 lot traded.) EA results are only for demonstration purposes, EA is not for share or sale. {image} EMA 200 on 1H chart was...
Hi Paracelsus,

You've got good results. It's a really nice idea Using ema as an another confirmation for entry. Keep it up.
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