Matrix Grid Trading Community Edition | Page 43 | 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

  • #841
  • Jan 25, 2015 4:08am Jan 25, 2015 4:08am
I'm trading with a very tight TP no SL and no more than 4 steps. I watch it like a hawk and never leave it to just run on auto. If the grid reaches the fourth step (initial position plus 3 addition positions) I will disable live trading and and place a 100 pip SL then manually manage the open positions until either the take profit or the stop loss is hit. Then I enable live trading on the expert advisor again. Personally I trade EURUSD, AUDUSD and NZDUSD...that's enough to keep my eye on! By trading this way you can trade larger lots.
Too much agreement kills a chat.
  • #842
  • Jan 25, 2015 4:42am Jan 25, 2015 4:42am
Is it possible to ignore the community trend filter in V.1.1 and choose buy or sell only manually ?
  • #843
  • Jan 25, 2015 6:06am Jan 25, 2015 6:06am
Quoting MagicMittens
I'm trading with a very tight TP no SL and no more than 4 steps. I watch it like a hawk and never leave it to just run on auto. If the grid reaches the fourth step (initial position plus 3 addition positions) I will disable live trading and and place a 100 pip SL then manually manage the open positions until either the take profit or the stop loss is hit. Then I enable live trading on the expert advisor again. Personally I trade EURUSD, AUDUSD and NZDUSD...that's enough to keep my eye on! By trading this way you can trade larger lots.
Interesting.
How do you limite 4 steps ? Manually ?
  • #844
  • Jan 25, 2015 10:44pm Jan 25, 2015 10:44pm
Quoting tikku
Is it possible to ignore the community trend filter in V.1.1 and choose buy or sell only manually ?
Yes, just change the EA settings to long only or short only...but what the point of that?
Too much agreement kills a chat.
  • #845
  • Jan 25, 2015 10:56pm Jan 25, 2015 10:56pm
Quoting madscalp
{quote} Interesting. How do you limite 4 steps ? Manually ?
Yes I do it manually, sometimes just one pair, sometimes all auto trading. I have been trading today with those same three pairs using a demo account of $200 and using a lot size of 0.10 and so far it been going good, about $70.00 up for the day.

A couple of times the usable margin got pretty close to less than $10, but the market ebbs and flows like the tide and what do you know the short term trend resumed and the positions were filled.

The thing I really love about this EA is how it recalculates the take profit each time a new position/step is opened so no matter what you end up with a net gain. Great maths behind it!
Too much agreement kills a chat.
  • #846
  • Jan 26, 2015 3:20am Jan 26, 2015 3:20am
This morning perfect change
the trend was down with 2 opened trades in sell
suddenly the trend has changed
the EA has closed in gain the 2 trades and immediatly has opened in buy 1 trade
  • #847
  • Jan 26, 2015 5:59am Jan 26, 2015 5:59am
Quoting armyda
This morning perfect change the trend was down with 2 opened trades in sell suddenly the trend has changed the EA has closed in gain the 2 trades and immediatly has opened in buy 1 trade
Armyda,what is your set up for the EA ???thank`s,happy trading...
  • #848
  • Jan 26, 2015 6:02am Jan 26, 2015 6:02am
Quoting TheDirtySerb
{quote} I like the 1.2 MiLF (lol sorry couldn't resist) setting in these market conditions with the ridiculous pops and drops. Anyone remember volatility last year when the EU ADR was like in the 40's and UJ, AU, and others were in the 30's, 40's, and 50's? When things calm down and normal ranging markets come back into play, this is where we're gonna make our money. If we can survive our accounts now and make money on top of it, I know we'll be fine when things subside.
The Benefit of This Milf is that your account can servive as much as it can be until you close in profit, it needs patient and monitoring. sometimes its better to close with little lost than wait while news are coming out or something
  • #849
  • Jan 26, 2015 6:16am Jan 26, 2015 6:16am
Quoting brandy711
{quote} Armyda,what is your set up for the EA ???thank`s,happy trading...
post 829
  • #850
  • Jan 26, 2015 6:58am Jan 26, 2015 6:58am
GT
Had a question about EA operation.

Suppose you're stuck in a grid when you're approaching a news event. If I disable the EA in the 'common' tab with trades open and then restart later after the news, will the EA continue on from there and pick up the older trades?
  • #851
  • Jan 26, 2015 8:43am Jan 26, 2015 8:43am
Off topic
I'm looking for an indy displaying the news calendar for the week....
Thx
  • #852
  • Jan 26, 2015 8:57am Jan 26, 2015 8:57am
Okay Guys,
I think GT has tried with this EA to make it as close to perfect as possible. But with all grid based systems there is always this odd of blowing up your account with a single series of counter-trend trades. After blowing up my Demo account and luckily almost my Live account I have these few observations which might help this EA

  1. Can EA detect Red News early and change its trading settings based on that.
  2. When caught in a counter trend trade, can EA auto change it settings to allow for more step between grids
  3. Can EA possible Hedge itself as a form of protection
  4. If caught in a High volatility ,can EA auto change its Step size.
  5. If trend changes while in a series of trade ,can EA auto change its lotsize to prevent further DD

If GT can address this issues in the next version, I think it would go a long way in helping the EA attain stability. Also, I have this philosophy, " Two heads are better than One ", "A closed mouth is a Closed Destiny " . If GT can be generous to share at what conditions the EA picks trades- then we might have suggestions that could help with trade picking, I fully understand what the CT does, but that doesnt pick the trade. Also knowledge of this could also help in deciding the best MM approach for the EA. I think we all can have one or more ideas which could help in attaining stability for the EA... Just my One Cent

It takes the Mind to Make Money.............
  • #853
  • Jan 26, 2015 9:25am Jan 26, 2015 9:25am
Quoting starlimit03
Okay Guys, I think GT has tried with this EA to make it as close to perfect as possible. But with all grid based systems there is always this odd of blowing up your account with a single series of counter-trend trades. After blowing up my Demo account and luckily almost my Live account I have these few observations which might help this EA Can EA detect Red News early and change its trading settings based on that. When caught in a counter trend trade, can EA auto change it settings to allow for more step between grids Can EA possible Hedge...
You are right, GT must add some new parameters and features in next version also he must think about a way for SL.
Without an edge MM is useless!
  • #854
  • Jan 26, 2015 1:51pm Jan 26, 2015 1:51pm
Hi guys,

Here's an update on how I'm trading with this EA in its current version. First off, I try to avoid the news, so use FF for the latest high impact news. Second, I'm using MultilotsFactor_TrendChange = 0.0. So the EA will stop placing trades once it has detect a trend change. However, when the trend changes back in my favor, new trades will be added, which gives me better protection with lower draw down for large moves against me. It's working quite well, here's an example of a trend change in GU that I'm in:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1.png Size: 88 KB


As you can see, I was in a sell and now the EA trend changed from down to up. The setting prevented additional entries without turning the EA off. I'd have to say I'm quite satisfied with this setting and recommend it to reduce risk. So now I can have my margin reserved for other pairs to use than to have it tied up in draw down.
insanity: Doing the same thing over... and expecting different results -AE
  • #855
  • Jan 26, 2015 2:16pm Jan 26, 2015 2:16pm
Quoting qFish
Hi guys, Here's an update on how I'm trading with this EA in its current version. First off, I try to avoid the news, so use FF for the latest high impact news. Second, I'm using MultilotsFactor_TrendChange = 0.0. So the EA will stop placing trades once it has detect a trend change. However, when the trend changes back in my favor, new trades will be added, which gives me better protection with lower draw down for large moves against me. It's working quite well, here's an example of a trend change in GU that I'm in: {image} As you can see, I was...

Nice wrinkle. So what will you do with your current sells as the trend takes price higher. Are you going to hedge them or hope for enough retracement to hit your TP
  • #856
  • Jan 26, 2015 2:30pm Jan 26, 2015 2:30pm
Quoting spyderman
{quote} Nice wrinkle. So what will you do with your current sells as the trend takes price higher. Are you going to hedge them or hope for enough retracement to hit your TP
Very good question. First, I am still under an H1 down trend with two significant levels of resistance to support my position. Second, if H4 breaks the first one, I can leave with a small loss. If I continue further up from here, no more positions will be placed unless the local downtrend resumes, in which case I have a better position than if I had added at equal spacings. If price goes all the way up to major resistance, I can increase my chances of hitting the .32, .5, or .618 fib retrace by adding enough positions to move my average tp higher (those will be manual trades). What do you think? See my chart for my major resistance lines:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 99 KB
insanity: Doing the same thing over... and expecting different results -AE
  • #857
  • Jan 26, 2015 3:48pm Jan 26, 2015 3:48pm
bonjour peut t'on l'installer sur un vps ?
  • #858
  • Jan 26, 2015 5:05pm Jan 26, 2015 5:05pm
Hi qFish,

that is really interesting what you have discovered, it would certainly be far more ideal not to have to keep manually intervening with the EA.

Paul.
Too much agreement kills a chat.
  • #859
  • Jan 26, 2015 6:39pm Jan 26, 2015 6:39pm
Quoting MagicMittens
Hi qFish, that is really interesting what you have discovered, it would certainly be far more ideal not to have to keep manually intervening with the EA. Paul.
Thanks Paul. I agree. Hard to fight human nature though... I guess as longs as I'm intervening, my progress won't be an accurate representation of what the EA can offer.
insanity: Doing the same thing over... and expecting different results -AE
  • #860
  • Jan 27, 2015 1:58am Jan 27, 2015 1:58am
Quoting aldo71
bonjour peut t'on l'installer sur un vps ?
Oui, Aldo, certainement. Je l'ai installé sur un VPS
2 traders viewing now