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MGH System (Martingale Grid & Hedging)

  • #641
  • Oct 8, 2014 3:37am Oct 8, 2014 3:37am
Quoting vadimizumov
{quote} If follow strategy from first post i consider that this strategy is wrong. I fully complete to code EA which is following MGH and there are always is a margin call. I try t change many parameters and options such as distance between openings, multipliers, TPs, SLs etc . result is the same. Strategy fully unprofitable. Now i coding EA which is works on modified MGH system. And results is much better. Now i at the finish of coding EA just catching number of bugs. And share the results.
Hi, vadimizumov
Thank you for reply and hard work.
I look forward to your good news.

zzd
  • #642
  • Oct 8, 2014 4:46am Oct 8, 2014 4:46am
Quoting vadimizumov
{quote} If follow strategy from first post i consider that this strategy is wrong. I fully complete to code EA which is following MGH and there are always is a margin call. I try t change many parameters and options such as distance between openings, multipliers, TPs, SLs etc . result is the same. Strategy fully unprofitable. Now i coding EA which is works on modified MGH system. And results is much better. Now i at the finish of coding EA just catching number of bugs. And share the results.
Hi vadimizumov,

Nice to hear about it. I'm interesting to see your results. Expecting good results.
  • #643
  • Oct 8, 2014 7:04am Oct 8, 2014 7:04am
I am still working on my EA version. The problem is that when I restart MT4 (with my weekly VPS maintenance restarts) the EA "forgets" where it was in the chain of trades and restarts itself from Batch1/Trade1... Not good...

Since "MT4 restarts" can happen at anytime, my EA is unreliable THIS WAY, so I am stuck. I will not even do backtests with it if I may not be able to use it on large live accounts safely.

Should anyone have an idea how to make an EA to "remember" its trade sequence after a restart, please PM me.
  • #644
  • Oct 8, 2014 7:07am Oct 8, 2014 7:07am
Quoting vadimizumov
{quote} If follow strategy from first post i consider that this strategy is wrong. I fully complete to code EA which is following MGH and there are always is a margin call. I try t change many parameters and options such as distance between openings, multipliers, TPs, SLs etc . result is the same. Strategy fully unprofitable. Now i coding EA which is works on modified MGH system. And results is much better. Now i at the finish of coding EA just catching number of bugs. And share the results.
Great Job
  • #645
  • Oct 8, 2014 11:57am Oct 8, 2014 11:57am
Quoting vadimizumov
{quote} If follow strategy from first post i consider that this strategy is wrong. I fully complete to code EA which is following MGH and there are always is a margin call. I try t change many parameters and options such as distance between openings, multipliers, TPs, SLs etc . result is the same. Strategy fully unprofitable. Now i coding EA which is works on modified MGH system. And results is much better. Now i at the finish of coding EA just catching number of bugs. And share the results.
I agree with you, but you have to consider this thread like a trading idea or concept, not like a strategie itself ... Of course that's the main idea, and you and others are working on it to improve it and make it something profitable.

Since I started this thread I have been working hard to get something intresting and I think Im the right way. The idea still working for me but have made a lot of tweaks and I currently using as a recovery system.

Working with a mate coder and a forum member we have a get finally a nice EA. This is a 2 year 99.9% DukasCopy tick data backtest (commisions and spread included) results so far. I hope soon start the fordward test in a small Live account, because good backtest and past results do not guarantee good future results, but only to create a path, to creating our systems.

http://oi59.tinypic.com/10z1l6a.jpg

Quoting Paracelsus
I am still working on my EA version. The problem is that when I restart MT4 (with my weekly VPS maintenance restarts) the EA "forgets" where it was in the chain of trades and restarts itself from Batch1/Trade1... Not good... Since "MT4 restarts" can happen at anytime, my EA is unreliable THIS WAY, so I am stuck. I will not even do backtests with it if I may not be able to use it on large live accounts safely. Should anyone have an idea how to make an EA to "remember" its trade sequence after a restart, please PM me.
Hi Paracelsus!

You can use a external .txt file to save the level info or something.

http://docs.mql4.com/files/filewrite

One of the problems is when some positions close between the restart ... In this case you have to write the .txt manually before run the EA again.

Greetings and many pips to all.
  • #646
  • Oct 8, 2014 12:33pm Oct 8, 2014 12:33pm
Quoting Paracelsus
I am still working on my EA version. The problem is that when I restart MT4 (with my weekly VPS maintenance restarts) the EA "forgets" where it was in the chain of trades and restarts itself from Batch1/Trade1... Not good... Since "MT4 restarts" can happen at anytime, my EA is unreliable THIS WAY, so I am stuck. I will not even do backtests with it if I may not be able to use it on large live accounts safely. Should anyone have an idea how to make an EA to "remember" its trade sequence after a restart, please PM me.
When i think about it for a minute for first time i find out to use "extern" variables to manualy input values of initial condition of EA.
  • #647
  • Oct 8, 2014 1:49pm Oct 8, 2014 1:49pm
Thanks for the recommendations, guys. Also thanks for Paul's (batemap's) help sent by PM.
  • #648
  • Oct 8, 2014 1:51pm Oct 8, 2014 1:51pm
@Kfx

Very nice! Congratulations! Please keep us updated about the forward test results (maybe a MyFxBook link...?) Thanks!
  • #649
  • Oct 9, 2014 3:46am Oct 9, 2014 3:46am
Hello everyone.
I use this MGHEA2.0 include files can't compile.
Are there any noble people can share what you are using EA?
Paracelsus? kfx?
Thanks very very much.

zzd
  • #650
  • Oct 9, 2014 4:14am Oct 9, 2014 4:14am
And vadimizumov's ea a error occurred:
mgh_izumov_0.01 EURUSD,H1: invalid lots amount for OrderSend function.
  • #651
  • Oct 11, 2014 5:28am Oct 11, 2014 5:28am
Quoting Paracelsus
@Kfx Very nice! Congratulations! Please keep us updated about the forward test results (maybe a MyFxBook link...?) Thanks!
Thanks.

I will start maybe next week, but I think MyFxBook is not compatible with JForex platform.
  • #652
  • Oct 15, 2014 4:13am Oct 15, 2014 4:13am
Quoting Kfx
{quote} Thanks. I will start maybe next week, but I think MyFxBook is not compatible with JForex platform.
hi Kfx, are u using Dukascopy now? There is some difference between Dukas and other broker in Hedge action.
For example, after close profit order in hedge, the account equity do not increase. And the used margin not equal buy order+sell order.

And another question, you create a JAVA version of MGH_v2.mql ?
Sorry for my english and like your thread, thanks
  • #653
  • Oct 15, 2014 2:44pm Oct 15, 2014 2:44pm
Hi all !!!!.
I hope that everyone trade well.
I am still testing a modified version but manually and sometimes especially during the news is very hard to trade properly.
I was thinking if someone could share the modified EA (Paracelsus version).
I have no idea how to modify the original EA so if anyone can share I'll be very grateful.

All best to all!!!
thx
  • #654
  • Oct 15, 2014 10:24pm Oct 15, 2014 10:24pm
Quoting kaczucha11
Hi all !!!!. I hope that everyone trade well. I am still testing a modified version but manually and sometimes especially during the news is very hard to trade properly. I was thinking if someone could share the modified EA (Paracelsus version). I have no idea how to modify the original EA so if anyone can share I'll be very grateful. All best to all!!! thx
Kaczucha11,
your suggestion seems to be no response.

I am very concerned about this post, and tried to make it don't sink. At the same time, has also suggested that people can share his EA, so that jointly test the trading strategy. Doing so at least the following benefits:
1. Can quickly verify the reliability of EA, and improve.
2. Better to verify the effectiveness of the method.
3. If this way to complete the EA, can let the world traders common benefit.
Perhaps it is reason of the third point, do not want to share.
Very sorry.

ZZD
  • #655
  • Oct 18, 2014 8:55am Oct 18, 2014 8:55am
Quote
The solution might be opening new hedge groups by using a 3x multiplier. In this case the FIRST hedge position would FULLY compensate for the opposite direction trades and TP would be reached sooner. Of course, there is a downside: the lot increase would be much faster, too. Visual summary of the past week:

Hi Paracelsus,

Have you been researching the 3x multiplier? It seems to me that it could potentially increase lot size too quickly to keep the system within profitable limits and risk tolerance. Although the drawdown is not pleasant during the trends, it may be more acceptable than the rapid increase in lot size. More testing is needed here.

I found some bugs in the EA on the OP, so I'm tweaking the inside trade functionality as well as some other additions. I've added your mods as well and would like to trade the strategy as you do with the same risk profile.

@Kfx

Quote
Since I started this thread I have been working hard to get something intresting and I think Im the right way. The idea still working for me but have made a lot of tweaks and I currently using as a recovery system.

Thanks for sharing your ideas. I'm curious as to what additions you have made to your "work in progress" as per your original post that you have found helpful thus far. Would you give a summary of those changes?

Glen
  • #656
  • Edited Oct 23, 2014 6:50am Oct 22, 2014 10:27pm | Edited Oct 23, 2014 6:50am
Quoting gnllr
{quote} Hi Paracelsus, Have you been researching the 3x multiplier? It seems to me that it could potentially increase lot size too quickly to keep the system within profitable limits and risk tolerance. Although the drawdown is not pleasant during the trends, it may be more acceptable than the rapid increase in lot size. More testing is needed here. I found some bugs in the EA on the OP, so I'm tweaking the inside trade functionality as well as some other additions. I've added your mods as well and would like to trade the strategy as you do with...
Yes, I agree. 3x multiplier is too steep.

My EA had some bugs which have been corrected since, and on October 22nd I have started a new forward test with a few tweaks:

1. I use only 2-step grid instead of 3. The reason: this way the DD is smaller with the unavoidable and expected counter trend moves.

2. I have increased lot multiplier from 2x to 2.5x. The reason: a sudden "vertical" counter-move of the market will produce instant profits and faster reach of global TP (60 pips per basket). With the original setup (i.e. 3-step grid with 2x multiplier) a sudden "vertical" counter-move has created instant losses.

3. No "inside hedge" is used. The reason: it may create situations with too large floating DD. Although the profit will come later this way, it seems to be a safer approach, and with any Grid/Martingale strategy safety is key issue.

MyFxBook link: http://www.myfxbook.com/members/Para...tZkmKX64bNi6ME

So here is the first day of the live forward test:

Attached Image (click to enlarge)
Click to Enlarge Name: MGH 1022.jpg Size: 732 KB
  • #657
  • Edited 6:48am Oct 23, 2014 3:55am | Edited 6:48am
Today is looking good so far:

Attached Image (click to enlarge)
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  • #658
  • Oct 24, 2014 3:15am Oct 24, 2014 3:15am
Still looking good:

Attached Image (click to enlarge)
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  • #659
  • Oct 24, 2014 6:49am Oct 24, 2014 6:49am
Which way you close reds ?
  • #660
  • Oct 24, 2014 8:07am Oct 24, 2014 8:07am
Quoting vadimizumov
Which way you close reds ?
As shown on the screenshot: "reds" have closed when the COMBINED PROFIT of open Batch1 "reds" and open and closed Batch2 "blues", i.e. the Basket has reached +60 pips total profit. Due to positive slippage this specific basket has closed at +72 pips total profit. After that the EA has reset, starting with a new Batch1 "sell" again in the direction of the current trend (validated by 1-hour 200EMA).

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