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  • #781
  • Jan 6, 2015 7:22am Jan 6, 2015 7:22am
Thanks for all your hard work dgodfrey and others.

I had BET 2.11 going along pretty nice then woke up to a closure with 7% loss. Not sure what happened there. Was running on VPS so don't think that should be a problem.
  • #782
  • Jan 6, 2015 7:35am Jan 6, 2015 7:35am
http://www.kitco.com/images/live/nyg...07787682455684

~dgodfrey....cool! Thanks for your refinements, it will be interesting to see results of starting it at certain handles.
Too close for pips, switching to points.
  • #783
  • Edited 7:56am Jan 6, 2015 7:40am | Edited 7:56am
Quoting spyderman
Thanks for all your hard work dgodfrey and others. I had BET 2.11 going along pretty nice then woke up to a closure with 7% loss. Not sure what happened there. Was running on VPS so don't think that should be a problem.
Not sure what that would be, either. I've got it running on 3 platforms and it's been stable. If you can figure out what caused it let me know. Make sure about the unique number, but even that wouldn't be an issue if you're running only one copy.

The EA stores the beginning balance in the computer's memory as persistent (4 weeks) data, so you can stop and reset the EA without killing it. I wonder if the VPS messes with that variable somehow? I wouldn't think so, and besides, you probably didn't try to do anything to it anyway in the scenario you just mentioned.
A good man knows his limitations ~ Clint Eastwood
  • #784
  • Jan 6, 2015 7:44am Jan 6, 2015 7:44am
Quoting Thepipster
~dgodfrey....cool! Thanks for your refinements, it will be interesting to see results of starting it at certain handles.
Yeah, for sure. What I've done is set the percentage on my copy out there to 5 running at 0.75 gridspace - 5 puts the target line just at the next price band if there are no hedges. Then I set my MinGainGrid to $50 and let it go. That will get me 5% in a perfect move and whatever less than that at a profit if there is one. If there's no profit to be had it will just keep going. Just doing some alternative thinking about bouncing between the $10 lines.

Also, be careful about setting the sensitivity too low, if the market is blowing through the price band the prices could just skip a skinny window all together, I suppose, and leave you on the sidelines watching it run. I'm trying mine on 50 now.
A good man knows his limitations ~ Clint Eastwood
  • #785
  • Jan 6, 2015 9:29am Jan 6, 2015 9:29am
Hi dgodfrey

just trying your new £10 grid ea, when i first loaded it it opened a load of pending trades with green lines and then started trading which drew yellow lines on the screen and then it closed all trades in profit but didn't start a new cycle

could you post a screen shot of your working just to see if i have the same test settings or could i have your settings
  • #786
  • Jan 6, 2015 11:06am Jan 6, 2015 11:06am
That version is working correctly then. It only triggers at the even $10 levels, so it won't restart til it sees one. The other version (2.11) will restart right away. I'll post my settings when I get home but check out the thread for better info
A good man knows his limitations ~ Clint Eastwood
  • #787
  • Jan 6, 2015 11:52am Jan 6, 2015 11:52am
Quoting Thepipster
The most ideal is to have the smallest lot size, the closest gaps, the smallest profit that won't slip into negative while trades are closing, and the grid with the highest number of possible orders, which can be placed as pending when they are needed only.
This scenario is perfect if we could make the EA to activate only on turning points or strong continuation breakouts, when we could grab as much as possible of the move and then stop until next such opportunity, isn't it? Otherwise, we're in the game of balancing the spacing and targets in order to avoid being boxed out between breakouts.
mind over matter
  • #788
  • Jan 6, 2015 12:07pm Jan 6, 2015 12:07pm
Quoting dgodfrey
As you can see, the smaller the gridstep, the more steps it takes. But also it takes a smaller box, in dollars, to get you blown out. What looks reasonable given how gold moves? I guess we'll have to figure that out. I think at some point you're going to run into a situation where you'll have to pull the plug and start over, and probably more often with the smaller grid space.
Another useful analysis. Thank you, dgodfrey. Looks like with my 0.5 spacing and 40 steps, I could only add another 4 steps before the risk gets to 100%! And yet, it's already been in deep DD twice, and somehow managed to recover (today included). What's more, the TE shows only 30% max DD, while myfxbook nearly 37% (?) As strange as it may seem, such overall DD is more than acceptable.
Attached Image (click to enlarge)
Click to Enlarge Name: dd.png Size: 63 KB
mind over matter
  • #789
  • Jan 6, 2015 12:08pm Jan 6, 2015 12:08pm
Quoting kosmo
{quote} This scenario is perfect if we could make the EA to activate only on turning points or strong continuation breakouts, when we could grab as much as possible of the move and then stop until next such opportunity, isn't it? Otherwise, we're in the game of balancing the spacing and targets in order to avoid being boxed out between breakouts.
Very true...but if we could figure that out perfectly, we would actually be better off just directional trading, IMO. The entry is always the nemesis.
Too close for pips, switching to points.
  • #790
  • Jan 6, 2015 12:11pm Jan 6, 2015 12:11pm
Yes, I am still in the move from 1210 because it had those sell trades going off while it wallowed around at that level. Picked up 6 sells at 0.75 Gridstep to hedge out and that pushed BE past the 1220 line. Unless it keeps going it might get nasty.
A good man knows his limitations ~ Clint Eastwood
  • #791
  • Jan 6, 2015 12:22pm Jan 6, 2015 12:22pm
Quoting dgodfrey
{quote} I tried to replicate this and I couldn't. I put in different values and it reinitialized (as evidenced by the lines disappearing and the comment block going away) but it came back on fine, no cycling. If you have it on an account you aren't tracking, could you try again to see if you still have the problem?
Yep, I confirm it did it again, but only when I changed to a higher no. of steps. When changing to lower, it remains stable and reinitializes fine, without cycling.
mind over matter
  • #792
  • Edited 3:35pm Jan 6, 2015 12:25pm | Edited 3:35pm
That recovery is great, but I wouldn't think that you could always count on that. In my analysis, I was looking at what was possible. In this situation I'm in now
Attached Image (click to enlarge)
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it's not that I'm in bad shape. A little bull flag building on a strong runup to 1220 makes it look like it might continue. But those DD numbers I was talking about were speculating about loading up on buys, and then the market reversing and heading down from here. Check out my sell side BE. To get there I'm going to be drawing down a pretty good bit. If the market stops short on the downside, too, and heads back up I might get that 100% DD before I get a recovery stroke, because the range to recover will become larger and larger.

I guess anything is possible. I don't want that one time you don't get the recovery to cost the whole account.

I'm going to snug up my target closer to BE and hope for the best.
A good man knows his limitations ~ Clint Eastwood
  • #793
  • Jan 6, 2015 12:36pm Jan 6, 2015 12:36pm
Quote
Yep, I confirm it did it again, but only when I changed to a higher no. of steps. When changing to lower, it remains stable and reinitializes fine, without cycling.

I'll take another look at it then. I was changing the number of steps from 30 to 36 and not triggering it, I know for sure. I'll look at other higher numbers and see if I can make it happen.
A good man knows his limitations ~ Clint Eastwood
  • #794
  • Jan 6, 2015 12:37pm Jan 6, 2015 12:37pm
Quoting dgodfrey
To those who downloeaded the version above, I'm sorry about that. I was testing it with a wide window and didn't see that it wouldn't open with the sensitivity less than 100. Wrong data type and a silly error I still haven't seen it recycle with a small profit at a price grid level, so this one is definitely in the beta phase.
WOW! You're spoiling us, lol. Thank you for the new toy. I'll load it today and will report back if anything's wrong. And no need to apologise - we'd be nowhere without you!

Could you please explain how MinGridGain works? Didn't quite understand...
mind over matter
  • #795
  • Jan 6, 2015 12:45pm Jan 6, 2015 12:45pm
What it does is set a threshold low number that will trigger a cycle when it gets to a round number.

Example: You have a Target of 2%=$200 on your $10k account. The price reaches a new round number and the P/L just happens to be $30 at that moment. If you had the MinGridGain = 20, the EA should close out and cycle there to make a new grid at that price level.

The idea is one of S/R. Those levels are the likely reversal points, so why ride a small profit into a big loss if the market reverses, instead of making money off the reverse?

I have mine set on 50, but then I have my Profit set on 5% too lol. I'm just testing what might be possible to get.
A good man knows his limitations ~ Clint Eastwood
  • #796
  • Edited 2:12pm Jan 6, 2015 12:56pm | Edited 2:12pm
Quoting nobby911
Hi dgodfrey just trying your new £10 grid ea, when i first loaded it it opened a load of pending trades with green lines and then started trading which drew yellow lines on the screen and then it closed all trades in profit but didn't start a new cycle could you post a screen shot of your working just to see if i have the same test settings or could i have your settings
Here's what I'm using on $10 Gold

Attached Image


These are awfully ambitious on Target, mainly because I wanted to test MinGridGain recycling and to test an idea with perfect runs. 75 the GridStep is pretty wide, compared to what others are using. On the other demo I have this on 50.
A good man knows his limitations ~ Clint Eastwood
  • #797
  • Jan 6, 2015 12:58pm Jan 6, 2015 12:58pm
Quoting dgodfrey
I guess anything is possible. I don't want that one time you don't get the recovery to cost the whole account. I'm going to snug up by target closer to BE and hope for the best.
Absolutely. After mine had triggered all buys, it was still well in the negative. Had it been a live account, and had I not have anticipated continuation up, that's where I would pull the plug out.
mind over matter
  • #798
  • Jan 6, 2015 1:12pm Jan 6, 2015 1:12pm
Quoting dgodfrey
What it does is set a threshold low number that will trigger a cycle when it gets to a round number. Example: You have a Target of 2%=$200 on your $10k account. The price reaches a new round number and the P/L just happens to be $30 at that moment. If you had the MinGridGain = 20, the EA should close out and cycle there to make a new grid at that price level. The idea is one of S/R. Those levels are the likely reversal points, so why ride a small profit into a big loss if the market reverses, instead of making money off the reverse? I have mine...
Thanks. On to testing.
mind over matter
  • #799
  • Jan 6, 2015 1:30pm Jan 6, 2015 1:30pm
Just a quick glance at where we are. H4 chart. After a successful retest of the $1175-1170 zone, looks like we're back in the channel. If it finds support on the lower trendline, $1250 might be on the cards sometime soon...
Attached Image (click to enlarge)
Click to Enlarge Name: h4.png Size: 37 KB
mind over matter
  • #800
  • Jan 6, 2015 1:43pm Jan 6, 2015 1:43pm
Here's a drink to that!
A good man knows his limitations ~ Clint Eastwood
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