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  • #961
  • Feb 3, 2015 5:36pm Feb 3, 2015 5:36pm
you're kicking it!

http://www.kitco.com/images/live/nyg...07787682455684

I think I would want to try it with the sensitivity around a $1, and let the minimum target be maybe half of the normal target equity, and let the $10 entry levels do their thing.
Too close for pips, switching to points.
  • #962
  • Feb 3, 2015 6:26pm Feb 3, 2015 6:26pm
Quoting dgodfrey
on my 14th cycle today on the main account : ) {image}

so did i have 9 cycle already ?
Attached Image (click to enlarge)
Click to Enlarge Name: cycle.JPG Size: 99 KB
  • #963
  • Feb 3, 2015 8:44pm Feb 3, 2015 8:44pm
@periphery

the gold lines are markers for a new cycle. The aqua lines are targets hit. There is a time between the aqua and next gold while it is waiting to cross the $10 line. So each gold line marks a cycle.

On the screenshot I put up, I've got the sensitivity set for immediate reentry, so there's no aqua lines because it recycles right away. On an active day there will be a bunch of cycles if there's no waiting.
A good man knows his limitations ~ Clint Eastwood
  • #964
  • Feb 4, 2015 5:57am Feb 4, 2015 5:57am
I dnt knw what i am doing wrong but all losses

http://prntscr.com/60wr57



http://prntscr.com/60wr57
If you believe in yourself anything is possible !!
  • #965
  • Feb 4, 2015 6:50am Feb 4, 2015 6:50am
Quoting imifx
I dnt knw what i am doing wrong but all losses
Read back through the thread, this a a grid and big drawdowns are part of it With a constantly refreshing grid like v1.3 it's possible to lose an account entirely.
A good man knows his limitations ~ Clint Eastwood
  • #966
  • Feb 4, 2015 9:09am Feb 4, 2015 9:09am
Quoting dgodfrey
{quote} Read back through the thread, this a a grid and big drawdowns are part of it With a constantly refreshing grid like v1.3 it's possible to lose an account entirely.
ok, i will do.

Please tell me what's the benefit of using this grid system apart from loosing or big drawdown.
If you believe in yourself anything is possible !!
  • #967
  • Feb 4, 2015 12:19pm Feb 4, 2015 12:19pm
By their nature grids are non-directional, and don't depend on indicators or timeframes. All you need is sufiicient movement away from the origin of the grid and it will be profitable. The part that gets you burned is the flat times with prices doing small oscillations, which (in this system) creates floating losses in the form of hedged out positions. The way most people use them is to only trade on very small accounts, and remove the profits frequently, knowing that the max DD is going to come - it's inevitable. Occasionally you'll lose an account doing this, the idea is that the amount you gain and remove will be more than the loss.
A good man knows his limitations ~ Clint Eastwood
  • #968
  • Feb 5, 2015 2:27pm Feb 5, 2015 2:27pm
Hi, all,
i run Seady Gold on my VPS demo account for tree days and i use that for Wticousd. But is look like his have bead hovers. Like you can see in pic. Any ideas what can be wrong?
p.s. i now this ea is for gold, but i like to try otherwise.
Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: oil.jpg Size: 93 KB
  • #969
  • Feb 6, 2015 1:21am Feb 6, 2015 1:21am
Quote
Any ideas what can be wrong?

There is a hint in the name of the EA "Steady Gold" plus you answered your own question:

Quote
p.s. i now this ea is for gold, but i like to try otherwise.
  • #970
  • Feb 6, 2015 7:55am Feb 6, 2015 7:55am
Not sure what happened - the EA cycled out with about a $10k loss on the hedge box it was in, but I didn't touch it. Happened during NFP
A good man knows his limitations ~ Clint Eastwood
  • #971
  • Feb 6, 2015 1:03pm Feb 6, 2015 1:03pm
Quoting dgodfrey
Not sure what happened - the EA cycled out with about a $10k loss on the hedge box it was in, but I didn't touch it. Happened during NFP
Did it do it on both your explorers? it looks like the smaller one netted a loss, too.
I'm now blocked out....that's why we're testing.

Looks like Kosmo's did the same thing...maybe margin call? I'm not sure. What about the settings on the equitytargetloss?
Too close for pips, switching to points.
  • #972
  • Feb 7, 2015 1:19am Feb 7, 2015 1:19am
No problems here:

Account 1 with Steady Gold BET v2.11 behaved normally and netted around 6.5%
Account 2 with Steady Gold BET v2.11 has been boxed in since 20th January, had iits grid extended by 8 steps on January 29th and I traded out manually during NFP (would have needed $1225 to close automatically)
  • #973
  • Edited 4:34am Feb 7, 2015 1:24am | Edited 4:34am
Another observation: I wanted to close some pending orders shortly before market close in case there was a black swan event over the weekend with a view to using the grid extender EA to put them back on when the market reopens. However, as soon as I closed one pending order the EA cycled and closed everything.

Will try amending the pending orders to say $500 away from current price just before market close and then put them back where they were shortly after the maket reopens

Will report back if this works without the EA cycling
  • #974
  • Feb 8, 2015 8:52am Feb 8, 2015 8:52am
I didn't try that, but what might work is to toggle the auto trade button to off, then manually take off the trades you want. As to getting them back on, I'll have to play with that when the market is live and see what it will do. It could be at present you'd have to remove the EA and resinstall the missing trades with the extender, then put the EA back in - sounds like a pain and I don't know if it would work even then. I'll see what I can find in the code and get back to you.
A good man knows his limitations ~ Clint Eastwood
  • #975
  • Feb 9, 2015 12:07am Feb 9, 2015 12:07am
  • #976
  • Feb 11, 2015 5:22pm Feb 11, 2015 5:22pm
Quoting Thepipster
Looks like Kosmo's did the same thing...maybe margin call? I'm not sure.
I don't think it was margin call. It happened shortly after I switched from v1 to dynamic v2. I wasn't watching it too closely, but one thing I remember seeing before the first negative cycle was that the TP lines were outside the box. Could that be it? Then I changed to v3 and it had 1 or 2 more negative cycles (NFP included).

It's recovering slowly now. I'll wait for another cycle and change back to v1.
mind over matter
  • #977
  • Feb 11, 2015 5:39pm Feb 11, 2015 5:39pm
oh no dont change anything
can you invert your strategy
you've got a winner
  • #978
  • Feb 12, 2015 7:36am Feb 12, 2015 7:36am
Quoting felixis
oh no dont change anything can you invert your strategy you've got a winner
I have an inversion "version", but it doesn't exactly work that way. You can lose big when the market trends. It uses limit orders instead of stop entry orders.
I've posted a old version here, someone will have to convert it like they converted the first one. Basically it could have advantage if used with an SL that stops it when market trends, but allows profits to build up while market ranges. Feel free to experiment with it.

Attached File(s)
File Type: mq4 SteadyGold LIMIT.mq4   14 KB | 791 downloads





~kosmo...so the losses may have been caused by switching the versions? It seems the version you were running for awhile there really did good.
Too close for pips, switching to points.
  • #979
  • Feb 12, 2015 4:58pm Feb 12, 2015 4:58pm
Quoting kosmo
but one thing I remember seeing before the first negative cycle was that the TP lines were outside the box. Could that be it?
Having the BE and TP lines outside the box on the dynamic version is normal, depending on how much the other side is filled out. It's only going to put 5 pending trades up, no matter where the BE or TP lines are. I'm trying mine on 10% target to see if it will build back. What is shown in the explorer as v2.1 BET is really the dynamic version with the Sensitivity opened up to allow trading all the time. Still don't know why it closed at a loss there, if it had behaved it would have been able to break out of the box.
A good man knows his limitations ~ Clint Eastwood
  • #980
  • Feb 12, 2015 11:37pm Feb 12, 2015 11:37pm
Why does it work differently on different brokers time frames?????????
I do Good I feel GoodI do Bad I feel Bad
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