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Matrix Grid Trading Community Edition

  • #1,041
  • Feb 4, 2015 6:07am Feb 4, 2015 6:07am
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  • #1,042
  • Edited 7:50am Feb 4, 2015 6:09am | Edited 7:50am
I made second 5 and 5 account. First one died because of USDCAD and USDCHF. It has same settings like first one in this post http://www.forexfactory.com/showthre...01#post8030401 .
But USDCAD and USDCHF have now only 0,02 lot instead 0,05 lot.

Takeprofit 5, Lots 0,05, MultiLost Factor 1, MultiLostFactor_TrendChange 1, AutoStep false, AutoInitial Step true, Step 5
http://www.myfxbook.com/members/thej...tZioXMm8e29Pfq
  • #1,043
  • Feb 4, 2015 1:46pm Feb 4, 2015 1:46pm
Hey all...

Okay, so here's what I tried to do. Had EA running on G/U and it was taking sells yesterday. Price moved up until trend changed to "UP". I had multi-lots trend change set to 0. I bought a hedge with the total lot of all sell orders. So now my position is frozen.

Now what I planned on doing was continue to trade long with the EA just as I normally would on an uptrend. Then down the road when G/U changed back to a down trend, I would close out by buy side hedge (leaving the sells) and ride that back down with further sells.

The problem is that when I put the EA back on (again it's showing uptrend) it picks up the existing sell orders that I hedged and starts taking more sells.

Any ideas on this. Has anyone else tried to run multiple instances of the EA on the same pair/account?
  • #1,044
  • Feb 4, 2015 2:28pm Feb 4, 2015 2:28pm
Quoting spyderman
Hey all... Okay, so here's what I tried to do. Had EA running on G/U and it was taking sells yesterday. Price moved up until trend changed to "UP". I had multi-lots trend change set to 0. I bought a hedge with the total lot of all sell orders. So now my position is frozen. Now what I planned on doing was continue to trade long with the EA just as I normally would on an uptrend. Then down the road when G/U changed back to a down trend, I would close out by buy side hedge (leaving the sells) and ride that back down with further sells. The problem...
Like your thinking mate!

The EA is going to pick up where it left off continuing sells until the active trade sets are closed out. What I would do in your case is switch between versions 1.0 and 1.1 if you have both.

Perform the hedge and switch out the EA. Leave a chart on the side with version 1.1 on at all times but disable active trade. This so u can see the Community trend when it turns back to sells. Version 1.0 no longer has this support also it will not link on to you sells. Set ver 1.0 to take longs only with the same settings you have on 1.1 except community trend will set to false.

Here's an example. I was in sells using ver 1.0 (has a limit of sells it will take so be aware. 13 max I think) Community trend changed to UP. I switched to ver 1.1 and no more sells. You notice a few closed out longs.

The very high sell was a manual sell I put in (pay that no attention. I'm experimenting)...

Otherwise you might have to use separate accounts..
Attached Image (click to enlarge)
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Solutions ONLY!!!
  • #1,045
  • Feb 4, 2015 2:48pm Feb 4, 2015 2:48pm
Quoting spyderman
Hey all... Okay, so here's what I tried to do. Had EA running on G/U and it was taking sells yesterday. Price moved up until trend changed to "UP". I had multi-lots trend change set to 0. I bought a hedge with the total lot of all sell orders. So now my position is frozen. Now what I planned on doing was continue to trade long with the EA just as I normally would on an uptrend. Then down the road when G/U changed back to a down trend, I would close out by buy side hedge (leaving the sells) and ride that back down with further sells. The problem...
If we had a magic number we could open newone with same setting for the same pair....
Could be useful..
Regards
  • #1,046
  • Feb 4, 2015 3:22pm Feb 4, 2015 3:22pm
Quoting BillYon
{quote} Like your thinking mate! The EA is going to pick up where it left off continuing sells until the active trade sets are closed out. What I would do in your case is switch between versions 1.0 and 1.1 if you have both. Perform the hedge and switch out the EA. Leave a chart on the side with version 1.1 on at all times but disable active trade. This so u can see the Community trend when it turns back to sells. Version 1.0 no longer has this support also it will not link on to you sells. Set ver 1.0 to take longs only with the same settings you...

Nice idea. Unfortunately I came on board after 1.0 was gone so don't have it. I'm trying a couple work arounds though.
  • #1,047
  • Feb 4, 2015 4:04pm Feb 4, 2015 4:04pm
so we need advised please now the EUR/USA gone in a down trend i have about 6 trades on all long grrrrrrrrrr did off the EA but i am on draw down of $ 184 my lot are 0.02 so what i should do please very very annoying
thanks
  • #1,048
  • Feb 4, 2015 5:14pm Feb 4, 2015 5:14pm
Quoting ellenbrook
so we need advised please now the EUR/USA gone in a down trend i have about 6 trades on all long grrrrrrrrrr did off the EA but i am on draw down of $ 184 my lot are 0.02 so what i should do please very very annoying thanks
Set a max stop and ride it out or...

Take the loss and turn off the EA.
Best thing to do whenever you feel this way IMO.

Play with different settings on demo until you are comfortable with taking the risk.

On the other hand I do see some short term bullish sentiment coming from social feeds as well as the EA so i'm holding out. Since you have a large gap how about buying at this level with a tight stop below that support (critical stop) on the 1hr. If it goes your way you exit as soon as you break even or have reduced risk.

I don't see the benefit of shutting down the EA with active trades building grids unless you are at risk of ruin. I like the hedging idea at trend change, but again the dynamic TP should get you out given your settings. Turning off the EA turns off the dynamic TP so now it's far faraway and tough on the psyche!!!

Never take my trade advice unless it make sense to yourself. One things for certain, you need to make a swift decision if real money is on the line...
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  • #1,049
  • Feb 4, 2015 5:52pm Feb 4, 2015 5:52pm
OK so I set the hedge and opened in the new trend direction as discussed with Spyderman.
Solutions ONLY!!!
  • #1,050
  • Feb 4, 2015 5:54pm Feb 4, 2015 5:54pm
my micro account doubled in 10 days before this one happened. DD is about 50%. i think for the trade to close immediately if the trend changes is to have a multilotfactor_trendchange. mine i used 1.5, but of course this is to risky for smaller account, but for bigger account no problem. start also with smallest lot size
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  • #1,051
  • Feb 4, 2015 11:55pm Feb 4, 2015 11:55pm
Quoting ellenbrook
so we need advised please now the EUR/USA gone in a down trend i have about 6 trades on all long grrrrrrrrrr did off the EA but i am on draw down of $ 184 my lot are 0.02 so what i should do please very very annoying thanks
you may want to consider to hedge your long position just to secure your equity. perhaps put short order manually, lot size = 1/4 x total buy lot.
sometimes this ea are enter the market during sideway session which lead too many order open before the real market movement been made (EU,US session), probably adding time filter would be nice.. apply for 1st entry only.
  • #1,052
  • Edited 3:51am Feb 5, 2015 3:14am | Edited 3:51am
i at all
i'm new here and i should like to know about eur\usd 10\12 hours ago
i saw the chart and i saw the big movement in short
how behaviour the EA before up then down?
are were loss,gains,timely exit?
thanks
  • #1,053
  • Feb 5, 2015 4:51am Feb 5, 2015 4:51am
this account is running with version 1.1 since January 19 (Less than 3 weeks)
Amazing result with about 140% equity gain! Max DD was 45%...

Attached Image (click to enlarge)
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  • #1,054
  • Feb 5, 2015 5:35am Feb 5, 2015 5:35am
Quoting arbinka
this account is running with version 1.1 since January 19 (Less than 3 weeks) Amazing result with about 140% equity gain! Max DD was 45%... {image}
I Arbinka
can you share your setting?
  • #1,055
  • Feb 5, 2015 6:23am Feb 5, 2015 6:23am
So now I tried putting the EA back on GbpUsd with my hedged trades and it won't take any trades, long or short. Here's the message I get.

2015.02.05 12:21:01.580 Matrix Grid Trading CE 1.1 GBPUSD!,M1: invalid lots amount for FreeMarginCheck function

Any coders have any ideas what this one means?
  • #1,056
  • Feb 5, 2015 6:26am Feb 5, 2015 6:26am
Quoting BillYon
{quote} Like your thinking mate! The EA is going to pick up where it left off continuing sells until the active trade sets are closed out. What I would do in your case is switch between versions 1.0 and 1.1 if you have both. Perform the hedge and switch out the EA. Leave a chart on the side with version 1.1 on at all times but disable active trade. This so u can see the Community trend when it turns back to sells. Version 1.0 no longer has this support also it will not link on to you sells. Set ver 1.0 to take longs only with the same settings you...
i was thinking today in the same plan you had but to have two charts with same currency , and attach Version 1.1 to both.. and make one short only and one long only.

i will test if it will work or not .
  • #1,057
  • Feb 5, 2015 6:32am Feb 5, 2015 6:32am
Quoting tradeforever
{quote} I Arbinka can you share your setting?
Attached Image
  • #1,058
  • Feb 5, 2015 6:32am Feb 5, 2015 6:32am
Quoting arbinka
this account is running with version 1.1 since January 19 (Less than 3 weeks) Amazing result with about 140% equity gain! Max DD was 45%... {image}

I must also acknowledge the system works excellently. I've had three weeks demo account, only the EU, the results are great.
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  • #1,059
  • Feb 5, 2015 6:36am Feb 5, 2015 6:36am
Quoting arbinka
{quote} {image}
30.000 USD in demo....
when you will go in real you will set the same??Hummmm...
  • #1,060
  • Feb 5, 2015 6:44am Feb 5, 2015 6:44am
Quoting spyderman
So now I tried putting the EA back on GbpUsd with my hedged trades and it won't take any trades, long or short. Here's the message I get. 2015.02.05 12:21:01.580 Matrix Grid Trading CE 1.1 GBPUSD!,M1: invalid lots amount for FreeMarginCheck function Any coders have any ideas what this one means?


Will it manually take the lot amount you are attempting?

You either have not enough margin left for selected lot amount or broker has a minimum lot required for micro lots like 0.1 vs 0.01. Sometimes high leveraged account are this way.
Solutions ONLY!!!
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