MGH System (Martingale Grid & Hedging) | Page 37 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Simply "grid" system, no hedge, no martingale 9 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply

Simple grid manual system without martingale 8 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

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

MGH System (Martingale Grid & Hedging)

  • #721
  • Oct 31, 2014 12:26pm Oct 31, 2014 12:26pm
Quoting Paracelsus
4.5 "YES" and 0 "NO".... So, until we hear from Kfx, here is a new screenshot: {image}
Hi,

I hope Kfx must encourage this thread.

Keep it up.
  • #722
  • Oct 31, 2014 12:29pm Oct 31, 2014 12:29pm
Quoting xlcharly
my two cents..... thank to Kfx, Paracelsus and SwingMan. Please, go on with this awesome work and ignore prittle-prattle.
Hi,

Sorry to ask you. what is the meaning for my two cents.. I read this in some places. But I don't know the actual meaning.
  • #723
  • Oct 31, 2014 1:12pm Oct 31, 2014 1:12pm
Quoting Paracelsus
4.5 "YES" and 0 "NO".... So, until we hear from Kfx, here is a new screenshot: {image}
great results so far👍
Im big fan of this strategy so please keep posting your results Paracelsus.
I hope one of great coders will be able to create proper ea without any bugs😊.
Ok so have a nice weekend all.
  • #724
  • Oct 31, 2014 1:18pm Oct 31, 2014 1:18pm
Quoting Bendz
{quote} Hi, Sorry to ask you. what is the meaning for my two cents.. I read this in some places. But I don't know the actual meaning.
http://en.wikipedia.org/wiki/My_two_cents
http://www.merriam-webster.com/dictionary/two%20cents
https://answers.yahoo.com/question/i...6055623AASWH9u
  • #725
  • Oct 31, 2014 1:22pm Oct 31, 2014 1:22pm
Quoting kaczucha11
{quote} great results so far👍 Im big fan of this strategy so please keep posting your results Paracelsus. I hope one of great coders will be able to create proper ea without any bugs😊. Ok so have a nice weekend all.
Thanks! 5 months backtests confirm that with 0.1 lot/10k start the expected max. DD is about -15%, while the average monthly profit is about +10%. Which is "not bad" for a Martingale...
  • #726
  • Nov 1, 2014 5:34am Nov 1, 2014 5:34am
Hi all.

No problem if Paracelus want to post their results here.

About the "share" controversy, I will not enter.

Guys, read this thread carefully, try to understand the concept, study it well and adapt it to your own system. I guarantee you that with effort you will create a very robust system like the one I now have.

Do no wait to Paracelsus, me, a vendor or another person give or sell you a profitable EA.

Good luck.
  • #727
  • Edited 8:10am Nov 1, 2014 5:58am | Edited 8:10am
Kfx
You're a great person.
Thx for your system and thx Paracelsus.
  • #728
  • Nov 1, 2014 6:06am Nov 1, 2014 6:06am
Quoting Paracelsus
{quote} http://en.wikipedia.org/wiki/My_two_cents http://www.merriam-webster.com/dictionary/two%20cents https://answers.yahoo.com/question/i...6055623AASWH9u
Hi Paracelsus.

Thanks for sharing the links. Got it.
  • #729
  • Nov 1, 2014 6:09am Nov 1, 2014 6:09am
Quoting Kfx
Hi all. No problem if Paracelus want to post their results here. About the "share" controversy, I will not enter. Guys, read this thread carefully, try to understand the concept, study it well and adapt it to your own system. I guarantee you that with effort you will create a very robust system like the one I now have. Do no wait to Paracelsus, me, a vendor or another person give or sell you a profitable EA. Good luck.
Hi Kfx,

After a long period, your reply is great. A positive hope for all.
  • #730
  • Nov 1, 2014 2:32pm Nov 1, 2014 2:32pm
Quoting Kfx
Hi all. No problem if Paracelus want to post their results here. About the "share" controversy, I will not enter. Guys, read this thread carefully, try to understand the concept, study it well and adapt it to your own system. I guarantee you that with effort you will create a very robust system like the one I now have. Do no wait to Paracelsus, me, a vendor or another person give or sell you a profitable EA. Good luck.
Thanks for your approval Kfx!

So we got 5 "YES" and zero "NO" votes, which means that I am going to post the live forward test results and ignore those who accuse me of "hijacking" this thread.

As a side note: I am not trying to be the "sharpest knife in the drawer", but wanted to show that with conservative settings and with patience it is possible to limit the DD and still gain some decent profits by using "Martingale, Grid & Hedge".

If anyone has some ideas how to make this strategy safer and more profitable, please speak up.
  • #731
  • Nov 1, 2014 2:38pm Nov 1, 2014 2:38pm
SUMMARY OF THE FIRST WEEK:

- Total Closed Profits: +3.8%
- Total Equity Gain: +3.98%
- Floating P&L: +12.90 USD
- Max. Hedge Level used: 4

Attached Image (click to enlarge)
Click to Enlarge Name: MGH 1027_1031.jpg Size: 970 KB
  • #732
  • Nov 2, 2014 4:39pm Nov 2, 2014 4:39pm
Hi all.
Can someone could make some changes in the existing EA?. I mean change the lot size multiplier from 2 to 2.5 (like Paracelsus modification). I'm sure that for someone who knows the coding it will not be a big problem.
thx.
  • #733
  • Nov 3, 2014 12:01am Nov 3, 2014 12:01am
New week, new month, new baskets and NEW PROFITS (4.94% for the past 5 and a 1/4 trading days):

Does anybody care where the market goes...? MGH does not. It makes profits wherever the market goes.

Attached Image (click to enlarge)
Click to Enlarge Name: MGH 1103.jpg Size: 950 KB
  • #734
  • Nov 3, 2014 3:04am Nov 3, 2014 3:04am
Quoting kaczucha11
... Can someone could make some changes in the existing EA?. I mean change the lot size multiplier from 2 to 2.5 (like Paracelsus modification).
Check this version...
It gives a little problem to clear with "Inside Orders", but I can check this only later.
Attached File(s)
File Type: mq4 MGH EA_v2.1.mq4   18 KB | 711 downloads
File Type: mq4 OrderSendReliable_v2.1.mq4   30 KB | 785 downloads
  • #735
  • Nov 3, 2014 4:04am Nov 3, 2014 4:04am
Quoting SwingMan
{quote} Check this version... It gives a little problem to clear with "Inside Orders", but I can check this only later. {file} {file}
You're great SwingMan!!
I will test it.
Thx for your help.
  • #736
  • Nov 3, 2014 9:26am Nov 3, 2014 9:26am
Quoting Paracelsus
{quote} Thanks for your approval Kfx! So we got 5 "YES" and zero "NO" votes, which means that I am going to post the live forward test results and ignore those who accuse me of "hijacking" this thread. As a side note: I am not trying to be the "sharpest knife in the drawer", but wanted to show that with conservative settings and with patience it is possible to limit the DD and still gain some decent profits by using "Martingale, Grid & Hedge". If anyone has some ideas how to make this strategy safer and more profitable, please speak up.
Excellent, put me down as #6 for the yes vote. Are you going to shut down the EA on Thur when the ECB announces the interest rate decision ?
  • #737
  • Nov 3, 2014 11:31am Nov 3, 2014 11:31am
Quoting SwingMan
{quote} Check this version... It gives a little problem to clear with "Inside Orders", but I can check this only later. {file} {file}
Great, SwingMan, love you
Will test it
  • #738
  • Nov 4, 2014 12:59am Nov 4, 2014 12:59am
Quoting Paracelsus
New week, new month, new baskets and NEW PROFITS (4.94% for the past 5 and a 1/4 trading days): Does anybody care where the market goes...? MGH does not. It makes profits wherever the market goes. {image}
Hi Paracelsus,

Great result. The main advantage of this system is we do not care about where the market moves. We can make money.
  • #739
  • Nov 4, 2014 4:54am Nov 4, 2014 4:54am
Quoting SwingMan
{quote} Check this version... It gives a little problem to clear with "Inside Orders", but I can check this only later. {file} {file}
So after some tests the lot size multiple works well , but if we set the EA to open only 2 positions in one direction (maxlevel) then EA for some reason does not open hedge x2. I hope it's not big problem to sort out.

Thanks again SwingMan for your help!!!
  • #740
  • Nov 4, 2014 11:30am Nov 4, 2014 11:30am
Hello,
i think this EA has great potential!!!
After some Backtest's i have had the following Idea:

is it possible to Close All open Orders after this?

if ( Profit[All] > (OpenProfit+50) )
closeAllOrders();

So after this Profit (50) the EA should close All open Orders and he can restart New.
I hope someone can do that for me?
Greetings,
Edwin
1 trader viewing now