Matrix Grid Trading Community Edition | Page 25 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

IntelliJ IDEA Community Edition with MQL 4 replies

Max Draw Down EA from Matrix Grid Thread 22 replies

Matrix grid community 0 replies

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

Attachments: Matrix Grid Trading Community Edition
Exit Attachments

Matrix Grid Trading Community Edition

  • #481
  • Jan 14, 2015 8:31am Jan 14, 2015 8:31am
Quoting Sekhbet
I skipped the news and still going strong. Suggested that last week. Also 4hr trend line close to crossing. Options to consider: Skip red news and reduce lot size if using small step 1.0 MutiLots factor reduced ahead of red news Widen step in anticipation for red news Use smallest lot size during red news Respect the 4hr-daily trend for extra trade direct confirmation Thoughts??? {image}
  • #482
  • Edited 9:05am Jan 14, 2015 8:45am | Edited 9:05am
Quoting Robertk
{quote} Junk? no. But if used in an incorrect way, yes, definitely junk. Repeatedly opening of sell or long positions based on a fixed grid framework, without anticipating on tops or bottoms, then you are sooner or later done for. Thats why i posted earlier, there needs to be something implemented to anticipate on tops or bottoms. People should learn to take criticism. I was and still am just giving my 2 cents in order for OP or anyone else to make this thing better. By the way, good chance the market will turn around and go south again. It may...




Yeah,I agree with you that a sample grid framework would come to end sooner or later.But anticipating on tops or bottoms is so difficult and you can't make at least 50% right(to be honest,I can't),but anticipate the trend is much easier,so one could make right decision more than 50%.

So as I already said before,trend ditection is the core of this system,(of course,excellent entry point is important too),and other setting parameter like multilot factor are something to make you winning rate higher.That this EA can't leave this trend signal.
Alyle
  • #483
  • Jan 14, 2015 9:23am Jan 14, 2015 9:23am
this is a good system and you need close the ea during news i use it every day for 4 hours when is no news and making nice dollars
  • #484
  • Jan 14, 2015 9:23am Jan 14, 2015 9:23am
Hi dear GoogleTrader
I think something is wrong with MultiLotsFactor_TrendChange Because in EURUSD trend is down(55%) but lot size of new Sell trades are increasing but in the other pairs everything is OK and each new trade opening with fixed 0.01 lot size.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 50 KB
  • #485
  • Jan 14, 2015 9:36am Jan 14, 2015 9:36am
Quoting Mr_jk
Hi dear GoogleTrader I think something is wrong with MultiLotsFactor_TrendChange Because in EURUSD trend is down(55%) but lot size of new Sell trades are increasing but in the other pairs everything is OK and each new trade opening with fixed 0.01 lot size.{image}
It's correct. MultiLotsFactor_TrendChange will be used when Trend changes to UP, current is down.
  • #486
  • Jan 14, 2015 9:43am Jan 14, 2015 9:43am
Thanks man for your wonderful and successful EA!!!
Continue your good work GT.
It's live account guys!
Attached Image (click to enlarge)
Click to Enlarge Name: Snap1.jpg Size: 485 KB
Without an edge MM is useless!
  • #487
  • Jan 14, 2015 10:09am Jan 14, 2015 10:09am
Quoting GoogleTrader
{quote} It's correct. MultiLotsFactor_TrendChange will be used when Trend changes to UP, current is down.
So why in GBPUSD it doesn't work like EURUSD?
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 52 KB
  • #488
  • Jan 14, 2015 10:11am Jan 14, 2015 10:11am
Quoting Mr_jk
{quote} So why in GBPUSD it doesn't work like EURUSD? Thanks{image}
GBPUSD is also still down, it's why MultiLotsFactor_TrendChange is not used.
  • #489
  • Jan 14, 2015 10:15am Jan 14, 2015 10:15am
Quoting GoogleTrader
{quote} It's correct. MultiLotsFactor_TrendChange will be used when Trend changes to UP, current is down.
Sorry, i see now on screenshot that it increase lot. I need check this
  • #490
  • Jan 14, 2015 10:33am Jan 14, 2015 10:33am
Quoting GoogleTrader
{quote} Sorry, i see now on screenshot that it increase lot. I need check this
Thank you. On EURUSD NZDUSD and USDJPY it increase lot.
  • #491
  • Jan 14, 2015 10:45am Jan 14, 2015 10:45am
Quoting GoogleTrader
{quote} false {quote} Ok, i will return it in next version {quote} It's version 1.0 with default parameters. To use 1.1 like version 1.0 disable all "auto" settings. {quote} off is false. {quote} Check this post http://www.forexfactory.com/showthre...53#post7988353
Thank you dear GoogleTrader!
  • #492
  • Jan 14, 2015 12:25pm Jan 14, 2015 12:25pm
Quoting Sekhbet
4hr-daily trend for extra trade direct confirmation Thoughts??? {image}
Where the truth in lines?

Attached Image (click to enlarge)
Click to Enlarge Name: line222.png Size: 31 KB


Self-deception.
  • #493
  • Edited 2:35pm Jan 14, 2015 12:26pm | Edited 2:35pm
This is version 1 running on 7 pairs since January 6 (almost 7 trading days).
As you can see, equity increase 120% in 7 trading days - looks good!
Traded pairs : EURUSD,GBPUSD,USDCHF,USDJPY,USDCAD,EURJPY,GBPJPY.
Default setting except for EJ and GJ:
EJ: CommunityTrendTrading = false . Only short.
GJ: CommunityTrendTrading = false . Only short.

Attached Image (click to enlarge)
Click to Enlarge Name: grid-v1-7pares.jpg Size: 108 KB
  • #494
  • Jan 14, 2015 2:00pm Jan 14, 2015 2:00pm
Quoting GoogleTrader
{quote} Attach screenshot of version 1.1 here.
I have same alert on my live account.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 272 KB
  • #495
  • Jan 14, 2015 2:13pm Jan 14, 2015 2:13pm
Quoting savasava
{quote} I have same alert on my live account. {image}
Seems this problem with connection to my server. Probably sometimes EA can't get trend data. I'll think about how to fix it in the next version. At this time simply ignore this alert.
  • #496
  • Jan 14, 2015 2:55pm Jan 14, 2015 2:55pm
Just trying to brainstorm how to improve performance on market turns.

Let's say we are on downtrend placing sells, then trend changes to buy. Rather then continue to place sells and hope for retrace, EA could place immediate hedge on open sells. That would freeze the open trades and on many brokers, wouldn't cost anymore margin. Then EA can continue to add buys into the new trend until TP is hit and the whole basket closes.
  • #497
  • Jan 14, 2015 3:04pm Jan 14, 2015 3:04pm
Quoting GoogleTrader
{quote} Where the truth in lines? {image} Self-deception.
OK...

Can you shed light on the community trend and how it's derived?

Thanks
Chasing The Dream...
  • #498
  • Jan 14, 2015 4:31pm Jan 14, 2015 4:31pm
Old version still rocks!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: matrix.png Size: 37 KB
Click to Enlarge Name: matrix2.png Size: 64 KB
  • #499
  • Jan 14, 2015 4:44pm Jan 14, 2015 4:44pm
Quoting 4xPIPAHOLIC
{quote} I agree in a way to a certain point with you....junk definitely not. In my opinion it is a great EA that needs the final touch, something for when the market has turned the positions will not continue opening in the wrong direction. Of course you wont have that nice straight line up as an equity curve that attracts all kinds of members, but who cares as long as it is positive. Now to implement something that anticipates tops and bottoms, if we had that we would be billionaires, but what we know is when the trend has changed witch in my humble...
Quoting Alyle
{quote} Yeah,I agree with you that a sample grid framework would come to end sooner or later.But anticipating on tops or bottoms is so difficult and you can't make at least 50% right(to be honest,I can't),but anticipate the trend is much easier,so one could make right decision more than 50%. So as I already said before,trend ditection is the core of this system,(of course,excellent entry point is important too),and other setting parameter like multilot factor are something to make you winning rate higher.That this EA can't leave this trend signal....
Quoting spyderman
Just trying to brainstorm how to improve performance on market turns. Let's say we are on downtrend placing sells, then trend changes to buy. Rather then continue to place sells and hope for retrace, EA could place immediate hedge on open sells. That would freeze the open trades and on many brokers, wouldn't cost anymore margin. Then EA can continue to add buys into the new trend until TP is hit and the whole basket closes.
Excellent input from some of the posters in here. This is exactly what needs to be discussed. Not some random green account statements spam claiming its heaven like some other posters in here do, like Mario.

Every successful system needs to include 2 elements, potential and risk reduction. The potential is big here because trend following will make positions run for a good amount of pips. I would however call risk reduction at the moment a flaw and needs to be fixed by adding a system to the system that already exists right now. This does not need to be done by exactly pinpointing tops and bottoms, sorry if i misscommunicated that part earlier. Some good ideas above.

What i personally had in mind is price-leg DNA. To make myself more clear, one needs to analyze dukascopy 10 year of data on several pairs. Analyze the min-max and average of a leg (there are multiple indicators posted across this forum in order to achieve this).
What you want to achieve is to have a statistical % on each leg, resulting in a forecast on where our "trend leg" will most likely end.

With this kind of information the goal is to for example lower lot size / exposure when current leg is about to end / price exhaustion kicks in. Notice you do not need to know the exact top, you simply need to lower your exposure when your % is saying the market will exhaust soonish.
  • #500
  • Jan 14, 2015 6:45pm Jan 14, 2015 6:45pm
2 reduce the risk, i suggest to increase the buying threshold with the number or trade.

Something like

10-10-10-10-11-12-13-15-18-23-31-44-65-99 .....

i use fibo sequence for N >5

This will limit buy and move the average nearest the actual price.
5 traders viewing now