today wil be the the EA fire baptism with NFP
Matrix Grid Trading Community Edition
- #343
- Jan 9, 2015 3:25am Jan 9, 2015 3:25am
- | Commercial User | Joined Apr 2013 | 1,600 Posts
{quote} Still thinking about that, but I think either way it will workout if you manage risk and pull out profits from time to time. What we do know is that we cannot backtest the true setting So I say back test and optimize the false setting as well as forward test the true settings Each pair has it's own sweet spot and maybe we can find that by backtesting EACH with the setting to false. Then turn it to true and forward test that same optimal setting.
- #344
- Edited 6:37am Jan 9, 2015 4:15am | Edited 6:37am
today wil be the the EA fire baptism with NFP
This way you avoid using a close all trade script do to fear of the wrath of NFP . Remember it only take 1 runaway trend to ruin the account. So plan ahead and take protective measures. Be greedy about your money!!!
We pretty much know that the BIG news events jack up any interday method...
Skip em
If your not already stuck in a grid of course. Then you have to sweat and shiver...
Chasing The Dream...
- #348
- Jan 9, 2015 7:23am Jan 9, 2015 7:23am
Sorry guys I don't share your view. I can't wait to see what NFP is gonna do to this thing. Don't you want to know the worse that can happen? I think some traders want to win so bad, they even want their demo accounts to succeed. I say let it burn. I hope it goes in mass DD. I want to see exactly what happens when the sh!t hits the fan. If it works out then great, but I think we have to know what happens in good times and in bad. Just my 2 cents.
BURN BABY BURN!!! As a learning experience of course
But live...hells no!!! Unless I'm in it already...
When crap hits the fan you have no money or considerably less because you couldn't take the heat.
Watching the NFP at this point will always be from the sidelines as entertainment only. I've learned the hard way many times over.
Chasing The Dream...
- #349
- Jan 9, 2015 7:39am Jan 9, 2015 7:39am
Too bad , i'm stuck with a grid on eur/usd and still only 1 hour to NFP . And most even worse i'm on a live account and not a Demo . Let the god be with us !
You made it I presume?
Chasing The Dream...
- #355
- Jan 9, 2015 9:04am Jan 9, 2015 9:04am
- | Commercial User | Joined Apr 2013 | 1,600 Posts
What are you guys are worrying about NFP? It seems no problem to me{image} {image}
seems to me too risky
but good pips to you
- #357
- Edited 5:49pm Jan 9, 2015 11:27am | Edited 5:49pm
- | Commercial User | Joined Dec 2013 | 183 Posts
I think it's time to release a new version.
---------------------
Note: Trend data for the old version will be disabled at the end of the next week. Thus you need wait when the old EA will close your trades with a profit and switch to the new version. You can still use old version, but without trend data in future.
---------------------
Version 1.1
The main features of the new version:
---------------------
[+] EA will close positions with zero profit when changing trend. This little protection from the sharp change in trend.
[+] Community Trend is using always, now there is no way to trade if there is no trend data, because usage of this feature greatly increases the positive trades. Thus it supports 7 major currencies.
[+] MultiLotsFactor_TrendChange - When trend changed, EA will increase lots to close grid as soon as posible. In fact, a risky option, but sometimes it can be justified, for example on the USDJPY see below.
[+] AutoInitialStep & AutoStep - I have noticed that many wrongly uses a same Step settings for all pairs, so if you do not know the optimal settings for other pairs, set these in Auto (true) and EA will automatically search such parameters.
---------------------
Because EA can not be backtested without trend data, I made it for you for the past two months.
I chose the period of the trend change on the EURUSD and recorded two videos.
1. How works the closing without profit:
2. How works AutoStep + MultiLotsFactor_TrendChange 1.5:
Additional Video:
http://www.forexfactory.com/showthre...47#post7984647
UPDATE HERE
---------------------
Note: Trend data for the old version will be disabled at the end of the next week. Thus you need wait when the old EA will close your trades with a profit and switch to the new version. You can still use old version, but without trend data in future.
---------------------
Version 1.1
The main features of the new version:
---------------------
[+] EA will close positions with zero profit when changing trend. This little protection from the sharp change in trend.
[+] Community Trend is using always, now there is no way to trade if there is no trend data, because usage of this feature greatly increases the positive trades. Thus it supports 7 major currencies.
[+] MultiLotsFactor_TrendChange - When trend changed, EA will increase lots to close grid as soon as posible. In fact, a risky option, but sometimes it can be justified, for example on the USDJPY see below.
[+] AutoInitialStep & AutoStep - I have noticed that many wrongly uses a same Step settings for all pairs, so if you do not know the optimal settings for other pairs, set these in Auto (true) and EA will automatically search such parameters.
---------------------
Because EA can not be backtested without trend data, I made it for you for the past two months.
I chose the period of the trend change on the EURUSD and recorded two videos.
1. How works the closing without profit:
Inserted Video
2. How works AutoStep + MultiLotsFactor_TrendChange 1.5:
Inserted Video
Additional Video:
http://www.forexfactory.com/showthre...47#post7984647
UPDATE HERE
- #359
- Jan 9, 2015 12:52pm Jan 9, 2015 12:52pm
- | Commercial User | Joined Apr 2013 | 1,600 Posts
GT great EA
