MGH System (Martingale Grid & Hedging) | Page 46 | 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)

  • #901
  • Nov 18, 2014 8:25am Nov 18, 2014 8:25am
Quoting Paracelsus
{quote} My modified version already uses the principle of reducing Basket Profit (i.e. Global TP) to 5 USD (to cover commissions). Of course, the smaller the Global TP, the sooner the basket will be closed. The "only" question is where is the optimal "basket loss" level, i.e. sacrificing "hard earned" profits by closing baskets in LOSS for the purpose of "fast escape from the basket" and. getting a chance for a "new start".
As you said before the first batch is a real profit maker so let try to get out of the basket asap even with less profit.
We know that the closing position of e.g. Batchx4 or higher is very hard so that my suggestion.
  • #902
  • Nov 18, 2014 8:51am Nov 18, 2014 8:51am
Quoting kaczucha11
{quote} As you said before the first batch is a real profit maker so let try to get out of the basket asap even with less profit. We know that the closing position of e.g. Batchx4 or higher is very hard so that my suggestion.
When the EA is in Batch3/Batch4 "basket mode", i.e. having 2 x 0.65 and 2 x 1.6 lots in play (total 4.5 lots), each pip is worth 45 USD, so - concerning pip moves - the price move difference to get out with -5 USD or +5 USD is negligible: approx. 0.2 pips.

So if the strategy's viability depended on a mere 0.2 pips Global TP reduction (i.e. coming out with +5 or -5 USD) at Batch3/Batch4, well, I would worry even more wether to use MGH on a live account or not...
  • #903
  • Edited 9:39am Nov 18, 2014 9:19am | Edited 9:39am
2 questions:


1) MGH 4.1 on VPS works very well, on EurUsd 15m chart.
But backtesting the same period of the demo, there is a bad result backtested !
2) Very big differences in backtesting on more brokers mt4, although same settings, same 90% modelling quality, same time...etc...etc...
Why the same historical data can give so many and huge difference in backtest?



Did somebody backtested MGH with not-MT4-tools like these... ? http://www.forexfactory.com/showthread.php?t=487399


  • #904
  • Nov 18, 2014 9:27am Nov 18, 2014 9:27am
Quoting sardinian
2 questions: 1) MGH 4.1 on VPS works very well, on EurUsd 15m chart. But backtesting the same period of the demo, there is a bad result backtested ! 2) Very big differences in backtesting on more brokers mt4, although same settings, same 90% modelling quality, same time...etc...etc... Why the same historical data can give so many and huge difference in backtest?
Sometimes 1 pip difference in history data between brokers changes everything
  • #905
  • Nov 18, 2014 11:14am Nov 18, 2014 11:14am
Still looking good... +12.5% (over 17 trading days):

Attached Image (click to enlarge)
Click to Enlarge Name: MGH 1118.jpg Size: 1,009 KB
  • #906
  • Nov 18, 2014 4:22pm Nov 18, 2014 4:22pm
Quoting kaczucha11
{quote} Sometimes 1 pip difference in history data between brokers changes everything
Hi, what kind of backtesting are you using?
  • #907
  • Edited Nov 19, 2014 7:36am Nov 18, 2014 6:14pm | Edited Nov 19, 2014 7:36am
Here is a new EA version 4.2

- check please if after closing and restarting the platform, the EA continous to work properly

- if the parameter "Use_LotMultiplier=true" (I suppose that) you can trade like the Paracelsus EA version

- instead of a fix value for the second lot, you can take a percent from the base lot

Of my few tests seems that the variable ATR grid is not so good (this was my idea).
What you must do is to determine for each pair the optimal grid distance.

You can take "Entry_OnlyAtNewBars=false" to begin to trade just after a basket close (it seems to be better). "Entry only at new bars" can you take to better see the entrys.
Attached File(s)
File Type: ex4 MGH EA_v4.2.ex4   82 KB | 1,298 downloads
File Type: mq4 MGH EA_v4.2.mq4   35 KB | 2,070 downloads
  • #908
  • Nov 19, 2014 3:37am Nov 19, 2014 3:37am
Quoting SwingMan
Here is a new EA version 4.2 - check please if after closing and restarting the platform, the EA continous to work properly - if the parameter "Use_LotMultiplier=true" (I suppose that) you can trade like the Paracelsus EA version - instead of a fix value for the second lot, you can take a percent from the base lot Of my few tests seems that the variable ATR grid is not so good (this was my idea). What you must do is to determine for each pair the optimal grid distance. You can take "Entry_OnlyAtNewBars=false" to begin to trade just after a basket...
Hi SwingMan,

Thanks for sharing the ea source.
  • #909
  • Nov 19, 2014 4:03pm Nov 19, 2014 4:03pm
MGH has nicely profited from sudden volatility, as profits are made wherever the price goes.

And it (almost) does not matter where it goes...

Attached Image (click to enlarge)
Click to Enlarge Name: MGH 1119.jpg Size: 934 KB
  • #910
  • Nov 20, 2014 2:12am Nov 20, 2014 2:12am
Quoting Paracelsus
MGH has nicely profited from sudden volatility, as profits are made wherever the price goes. And it (almost) does not matter where it goes... {image}
Hy.... i've tried many complex system whit martingala and grid and i've lose much money ... I'm approaching this hedge system and seems really really good... Now i'm testing MGH V4.1 ... i'd like to have your setting if you can.
Kind regards
Thanks
  • #911
  • Nov 20, 2014 3:19am Nov 20, 2014 3:19am
Quoting cescof
{quote} Hy.... i've tried many complex system whit martingala and grid and i've lose much money ... I'm approaching this hedge system and seems really really good... Now i'm testing MGH V4.1 ... i'd like to have your setting if you can. Kind regards Thanks
Actually I am using a different EA, but the same principle.

Settings are simple:

1. Starting with 0.1 lot (altough I plan to reduce BatchX/Lot2 (i.e. the 2nd trade of each Batch) by 50% as per SwingMan's suggestion in this blog.

2. LotMultiplier: 2.5 (which can be reduced to 2 with the above modification, so to give more margin room for occasional and unavoidable high Batches)

3. TP: 20 pips for Batch1/Trade1 and 30 pips for Batch1/Trade2

4. Globalt TP: 5 USD (to cover commissions, however, I plan to make it progressive as after multiple Batches the 5 USD just will not cover the trading costs)

5. Global SL: still testing the optimal setting (demo forward and backtests), although I think that there is no optimal SL here... One has to find a setup which never has to quit in the middle of a Basket as recovery time would be simply enourmous. So my goal is finding a set of Parameters which has miniscule chance of wiping out an account.

Attached Image (click to enlarge)
Click to Enlarge Name: MGH 1120.jpg Size: 964 KB
  • #912
  • Nov 20, 2014 3:35am Nov 20, 2014 3:35am
Quoting Paracelsus
{quote} Actually I am using a different EA, but the same principle. Settings are simple: 1. Starting with 0.1 lot (altough I plan to reduce BatchX/Lot2 (i.e. the 2nd trade of each Batch) by 50% as per SwingMan's suggestion in this blog. 2. LotMultiplier: 2.5 (which can be reduced to 2 with the above modification, so to give more margin room for occasional and unavoidable high Batches) 3. TP: 20 pips for Batch1/Trade1 and 30 pips for Batch1/Trade2 4. Globalt TP: 5 USD (to cover commissions, however, I plan to make it progressive as after multiple...
Ok thank you very much now i want test 4.2 with multipler 2 only EUR/USD....
Are you using 10 grid distance or ATR?
Regards
  • #913
  • Nov 20, 2014 4:04am Nov 20, 2014 4:04am
Hi there,
i am running both v2.2 and v4.1 in sepparate terminals and different brokers. What i see though is sort of strange. Both EAs enter exactly 2 trades which are 10 pips apart because of the grid. Those trades are always at a point that the price direction turns and that's it. Only 2 trades (even with a 500k account and 1 lot per trade), they run in the negative from half a day to as much as 2 days. At best i have 2 positions per currency pair and as i said they run in the negative for days.

The odd thing is that the trades are only 2, never been more that that despite the price movement
  • #914
  • Nov 20, 2014 4:11am Nov 20, 2014 4:11am
Quoting phdmonster
Hi there, i am running both v2.2 and v4.1 in sepparate terminals and different brokers. What i see though is sort of strange. Both EAs enter exactly 2 trades which are 10 pips apart because of the grid. Those trades are always at a point that the price direction turns and that's it. Only 2 trades (even with a 500k account and 1 lot per trade), they run in the negative from half a day to as much as 2 days. At best i have 2 positions per currency pair and as i said they run in the negative for days. The odd thing is that the trades are only 2, never...
HiCheck journal for any errors because it must be something wrong in your settings.regards
  • #915
  • Nov 20, 2014 6:02am Nov 20, 2014 6:02am
Quoting phdmonster
... Hi there, i am running both v2.2 and v4.1 in sepparate terminals and different brokers...
Please be careful with the old versions!

I believe that there are any buggs, and I believe that only in version 4.2 were most corrected.

Backtest please a few days and check whether the orders are executed correctly.
  • #916
  • Nov 20, 2014 8:10am Nov 20, 2014 8:10am
Quoting cescof
{quote} Ok thank you very much now i want test 4.2 with multipler 2 only EUR/USD.... Are you using 10 grid distance or ATR? Regards
I use 10 pips grid distance and only ONCE per direction.

It seems that 10 pips are just fine to catch retracements if the trend continues. Giving "more room" for retracements would delay the entry of the "hedge" trade and increase the floating DD the "hedge" trade has to deal with.
  • #917
  • Edited 10:44am Nov 20, 2014 9:57am | Edited 10:44am
Quoting SwingMan
{quote} Please be careful with the old versions! I believe that there are any buggs, and I believe that only in version 4.2 were most corrected. Backtest please a few days and check whether the orders are executed correctly.
Hy first of all thanks for your support.. I've started this morning your 4.2 with ootb setting... but till now just one order for EUR/USD is it normal??? (no any message in journal)
Now i've restarted it let's see...
Kind regards
EDIT Now it's ok....
  • #918
  • Nov 20, 2014 10:09am Nov 20, 2014 10:09am
Update on forward test (still looking good, i.e. 14.2% net profit over the past 3.5 weeks):

Attached Image (click to enlarge)
Click to Enlarge Name: MGH 1120_2.jpg Size: 957 KB
  • #919
  • Nov 20, 2014 10:59am Nov 20, 2014 10:59am
When i backtest i get -10k floating profit.

I optimized the EA for EUR/USD and then i started using it (and i get 2 positions per currency pair). I will try with the original settings for a few days.
  • #920
  • Nov 20, 2014 6:01pm Nov 20, 2014 6:01pm
Quoting SwingMan
{quote} Please be careful with the old versions! I believe that there are any buggs, and I believe that only in version 4.2 were most corrected. Backtest please a few days and check whether the orders are executed correctly.
Thanks SwingMan for the EA !!

Testing . . . here is the first group of trades that goes into close-all.

Attached Image (click to enlarge)
Click to Enlarge Name: TEST_trades_1-7_with-grid-10-pips_aqua.png Size: 18 KB


and it works out like this :

Attached Image (click to enlarge)
Click to Enlarge Name: TEST_trades_1-7_closed.png Size: 7 KB


That pic tells a lot. Logically it doesn't make sense to open a Buy as the 4th trade etc.. still looking and thinking it over. Thanks again, cheers
vaper
1 trader viewing now