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Matrix Grid Trading Community Edition

  • #1,541
  • Feb 23, 2015 12:57am Feb 23, 2015 12:57am
Hi Guys,

I am getting msg almost every minute or two stating Installation Required! Download from Forex Factory.

So i thought to download again and i just did it from first post and it required me to enter registration code which will be sent to my email and its been one hour but i havent got anything. Can anyone have any idea, how to come out from this?

thanks
  • #1,542
  • Feb 23, 2015 1:00am Feb 23, 2015 1:00am
Quoting shum
well im live too.. put the last settings of Bill tp 4 step 5 {image}
last week...
tp=8,step=5, autostep=false,autoinital=true,mult_factor=1.0,mult_trend_factor=1.0,
confirm_...trend=default(10)...（I do not know what this param means,so use default).

The results are so good.
but Friday is Crazy...max dd 30%-40%..
I began to consider how to control loss.

mult_factor is risky，but，sometimes is very very useful for growth...
if you can bear 60% dd. take it 1.5 or above.
  • #1,543
  • Feb 23, 2015 1:10am Feb 23, 2015 1:10am
Quoting oneffone
{quote} last week... tp=8,step=5, autostep=false,autoinital=true,mult_factor=1.0,mult_trend_factor=1.0, confirm_...trend=default(10)...（I do not know what this param means,so use default). The results are so good. but Friday is Crazy...max dd 30%-40%.. I began to consider how to control loss. mult_factor is risky，but，sometimes is very very useful for growth... if you can bear 60% dd. take it 1.5 or above.
well, i truy to minimize the DD, so i don use multi factor bigest than 1.0 and trading just one pair.
  • #1,544
  • Feb 23, 2015 1:46am Feb 23, 2015 1:46am
Quoting blamshakk
best of luck. please report back, hope to be there soon with the EA, going live. {quote}
Thanks. I will report periodically the progress of my account.

Quoting shg
{quote} Welcome Justin in a live trader group. I am really excited to hear you back with some high green pips... Good Luck mate....
Thank you. I am optimistic that I can make green pips with this EA. Let us see how it goes.

Quoting zoolc
{quote} Could you please share your trader explorer Justin, TQ
I don't plan to link my account to the explorer but I will ensure to update this thread on weekly bases with my results whether good or bad.
  • #1,545
  • Feb 23, 2015 3:43am Feb 23, 2015 3:43am
Hi guys,
here's my statement on MGT1.1, only EU, 0.01 size, demo account. I was looking for very conservative settings (10,6,0.01,1.2,1.0,true,true,10): the reward is a very low DD, a nice equity curve and good profits.
Attached Image (click to enlarge)
Click to Enlarge Name: detailed statementMGT1.1.png Size: 35 KB

It starts from 6, current month. No manual intervention
  • #1,546
  • Feb 23, 2015 4:03am Feb 23, 2015 4:03am
Good...it's difficult to find a so low DD
I don't know if with multiplier 1.2 you have lots more than 0.01 ???
you could use 1.3 with 0.01
  • #1,547
  • Feb 23, 2015 4:13am Feb 23, 2015 4:13am
... good start
wow, i see the trend is change in sell, but i see EA stell open buy trades, whay? meaby i shoud to cut all this losses?

https://charts.mql5.com/7/83/eurusd-...-limited-2.png
  • #1,548
  • Feb 23, 2015 4:14am Feb 23, 2015 4:14am
Quoting madscalp
Good...it's difficult to find a so low DD I don't know if with multiplier 1.2 you have lots more than 0.01 ??? you could use 1.3 with 0.01
Be extremely careful with the multiplier since it could work as a double edged sword. Yes it could take you out of the market faster but at the same time it could wipe your account faster as well.
So far I have seen that a multiplier of 1.2 is effective and there is no need to use anything higher. Unless of course if your investment is too high.
On top of that I don't trust the drawdown as reported by MT station.
  • #1,549
  • Feb 23, 2015 4:18am Feb 23, 2015 4:18am
The trend is changed
this means that now we have to trade manually
  • #1,550
  • Feb 23, 2015 4:22am Feb 23, 2015 4:22am
Quoting armyda
The trend is changed this means that now we have to trade manually
and suspend EA?
looking to my other systems, EU mey go now up, to 1.13420.
  • #1,551
  • Feb 23, 2015 4:26am Feb 23, 2015 4:26am
Quoting shum
... good start wow, i see the trend is change in sell, but i see EA stell open buy trades, whay? meaby i shoud to cut all this losses? {image}

It will continue opening buys until the the grid is closed. Hang in there
Solutions ONLY!!!
  • #1,552
  • Feb 23, 2015 4:29am Feb 23, 2015 4:29am
Quoting BillYon
{quote} It will continue opening buys until the the grid is closed. Hang in there
yep, i stoped for it at the moment
  • #1,553
  • Feb 23, 2015 4:32am Feb 23, 2015 4:32am
Quoting shum
{quote} yep, i stoped for it at the moment

I suggest since you just started, you should let it run without stopping it so that you can learn the way it works. Build a management plan around the data you collect
Solutions ONLY!!!
  • #1,554
  • Feb 23, 2015 4:36am Feb 23, 2015 4:36am
Quoting BillYon
{quote} I suggest since you just started, you should let it run without stopping it so that you can learn the way it works. Build a management plan around the data you collect
well i dont now what can be next, price can fall dawn all the week, and we can see new low of EU, and i can see a blow of big real account ..so no more risky, i will manage around what data i collect at this moment.
  • #1,555
  • Feb 23, 2015 4:36am Feb 23, 2015 4:36am
Quoting shum
{quote} and suspend EA? looking to my other systems, EU mey go now up, to 1.13420.
i can be wrong but i knew that when the trend change the EA doesent open position(in this case buy) anymore
  • #1,556
  • Feb 23, 2015 4:40am Feb 23, 2015 4:40am
Quoting armyda
{quote} i can be wrong but i knew that when the trend change the EA doesent open position(in this case buy) anymore
well i dont no, in last 40 min its open another 2 buys
  • #1,557
  • Feb 23, 2015 4:43am Feb 23, 2015 4:43am
my last position opened by EA is at 1.13116
  • #1,558
  • Feb 23, 2015 4:45am Feb 23, 2015 4:45am
Quoting armyda
my last position opened by EA is at 1.13116
my open at
1.13125
1.13068
  • #1,559
  • Feb 23, 2015 4:45am Feb 23, 2015 4:45am
my tip during short trend...is hedge buy in these points:
Attached Image
  • #1,560
  • Feb 23, 2015 4:49am Feb 23, 2015 4:49am
Quoting shum
{quote} my open at 1.13125 1.13068
intial step and step set 10?
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