Disliked{quote} Only thing I would do is be sure you trade other pairs as you build funds. If 300 is you number then find a setting you like for your next pair and so on as you grow. Once you have a decent group of pairs you feed them profits for stronger growth. SO now every 300 increases lot size on a pair and then the next and so on. Therefore one catastrophic DD will not end your business. feed your losses from businesses still in operation and continue forward. Get my drift. Go of your own plan and stick to it. I like using both versions of EAs because...Ignored
Matrix Grid Trading Community Edition
- #1,723
- Feb 25, 2015 4:24am Feb 25, 2015 4:24am
- Joined Nov 2010 | Status: Snaggin' Some Pips | 2,159 Posts
It would also be real nice to have some sort of email/popup alert for trend change. That way we could be notified of a trend change if we're not sitting at the computer and make any trade adjustments necessary. GT...You out there? 
{quote} Hi BillYon, I have one doubt. When both identify the same trend and start opening the trade in one direction at that time you get in to big trouble. But there is one possibility that when 1.1 starts opening trade and when trend changes, we can start 1.0 on other graph and then you might be able to win because when the trend changes again 1.0 will continue opening the opposite trades and 1.1 in the trend direction and then the cycle continue...
Ver 1.0 does not identify trend. That data has been disable from 1.0 and is permanent in 1.1...
So we are controlling 1.0 to go any direct we want and not as the trend says while 1.1 follows the trend.
So the idea I have been trading and making amazing gains has always left both on in opposite directions. Adjusting 1.0 if need be during a trend change to ensure we are trading in both directions.
The idea I just shared is working with 4 pairs - my 4 horsemen. EUR/USD, AUD/USD, GBP/USD and NZD/USD
What I don't want is for all to bee in strong DD at the same time. Not talking about the different versions of the EA.
So for example
Sunday at market open
Start EUR/USD in BOTH direction using 1.1 and 1.0
3hrs later
Start AUD/USD BOTH direction using 1.1 and 1.0
3hrs later
Start GBP/USD BOTH direction using 1.1 and 1.0
3hrs later
Start NZD/USD BOTH direction using 1.1 and 1.0
This way the DD will not be the same when the pairs are correlating. This is just a thought and all pairs may catch up to each other during the week but I have to test it.
All 4 pairs in DD is no fun but not bad at all if you are using the lot size I suggested per 5K or even more conservative, per 10k
Now think about that. 50:1 leverage in backtest
200:1 leverage in forward test thus maintaining most of your startup money outside of the brokerage....
Solutions ONLY!!!
{quote} Ver 1.0 does not identify trend. That data has been disable from 1.0 and is permanent in 1.1... So we are controlling 1.0 to go any direct we want and not as the trend says while 1.1 follows the trend. So the idea I have been trading and making amazing gains has always left both on in opposite directions. Adjusting 1.0 if need be during a trend change to ensure we are trading in both directions. The idea I just shared is working with 4 pairs - my 4 horsemen. EUR/USD, AUD/USD, GBP/USD and NZD/USD What I don't want is for all to bee in strong...
I like..... great idea.....
- #1,727
- Feb 25, 2015 7:26am Feb 25, 2015 7:26am
- Joined Nov 2010 | Status: Snaggin' Some Pips | 2,159 Posts
- #1,728
- Feb 25, 2015 7:52am Feb 25, 2015 7:52am
- Joined Nov 2010 | Status: Snaggin' Some Pips | 2,159 Posts
{quote} BillYon, Is there a particular reason you set 1.0 with different step and tp from 1.1?
yes
Because originally I had tested both these setups in large backtest and had very good long term results. 4.3 was slow growth but consistent were 2.5 was aggressive and the main big money maker.
You mentioned hedging losses that day a while back remember?
I said hmmmm. why don't I run both these setting on one pair in opposite direction just for the hell of it since they both make money regardless of trend.
The rest is history. 3 weeks later I had made 500% on a 50K account
So... Since it's not optimized yet based on a more balanced idea, there are much better results that can be achieved than what I have so far!!!
Just waiting on some of you creative minds to do better tricks than I have and we can all benefit.
Solutions ONLY!!!
- #1,735
- Edited 6:20pm Feb 25, 2015 6:05pm | Edited 6:20pm
{quote} So now are you thinking to use 1.0 not just to hedge position but you want to start with both? Is it right? Thanks Regards
This is what I have always been doing... (4 horsemen)
But remember I presented three ideas for testing.
That were the confusion is. People are not stating which idea they are referencing.
From the original post
idea # 1 (For trend change use if stuck in trades at the time of trend change)
So your in the middle of a trade and the trend changes.
Since it will continue taking trades against this new trend change, what you do is leave that to continue as is.
Have a second chart opened with version 1.0 set the same or as you find more profitable/less risky in testing this.
At trend change Activate the second chart to start taking trades in direction of the new trend.
Alternate between charts as trend changes.
When the grid closes on the original chart you can stop live trading on that chart until the new trend changes.
Idea #2 (Correlated pairs use for idea 1)
As for US traders you can use correlated pairs to test this idea. (USA traders with brokers that don't allow hedging)
Idea #3 (pseudo Hedging with both always on)
Now for the fun stuff.
If you use ver 1.1 and 1.0 in opposite directions on the same pair. When one goes into DD the other is making pips along the way
Lets Get the setting optimized and meet in Tahiti
The lot size can virtually be the same because it's pseudo hedging...in a way
You will see price trapped between 2 target prices nearly all the time unless a target recently was taken out.
Hey Spyderman you sparked this idea!!!! Thanks!!!
Test test test...No live on this please!!! Lets iron out the kinks first!!!
Love it? Hate it? Why? Why not?
In a few minutes I will have made over 500% in 3 weeks using this idea. Boooom! OH snap...just in...516%
Now I posted this chart a few days ago. Notice both are trading at the same time. Price between 2 targets (red dotted lines) This was just for the 3rd Idea...
Solutions ONLY!!!
- #1,736
- Feb 25, 2015 6:36pm Feb 25, 2015 6:36pm
- Joined Nov 2010 | Status: Snaggin' Some Pips | 2,159 Posts
{quote}Boooom! OH snap...just in...516% Now I posted this chart a few days ago. Notice both are trading at the same time. Price between 2 targets (red dotted lines) This was just for the 3rd Idea... {image} {image}
Way to go BillYon. You're slaying it. I'm trying to catch up.
