Attachments: Try My EA! Need Group Feedback...

Try My EA! Need Group Feedback...

#981
Feb 15, 2015 10:49am Feb 15, 2015 10:49am

kosmo
Joined Feb 2013 | Status: constructively provocative | 1,505 Posts

Quoting Thepipster

Disliked

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.

Ignored

Not by switching itself as I only switched once a cycle completed, with no open trades running. The fact that the negative cycling occured more or less at the same time as dgodfrey's, could mean a bug in v2 and v3; no problems with v1.

mind over matter

#982
Feb 15, 2015 11:03am Feb 15, 2015 11:03am

kosmo
Joined Feb 2013 | Status: constructively provocative | 1,505 Posts

Quoting dgodfrey

Disliked

{quote} 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.

Ignored

Thanks for the explanation, dgodfrey.

We're both using the dynamic version, and we both had negative cycles around the same time, while dambuster's using BET 2.11 with no problems and I've had no problems with the v1 either. Maybe keeping it simple is the way to go.

Could you please add micro compounding to BET 2.11 and $10 grid v1? We'd then have two reliable versions with all the bells and whistles. Many thanks in advance.

mind over matter

#983
Feb 17, 2015 10:11am Feb 17, 2015 10:11am

dgodfrey
| Joined Aug 2010 | Status: Trader | 205 Posts

I haven't been on much lately, have a project that's absorbing all my time it seems. I did look at one thing last night, just out of curiosity and because it was quick to do.

1. This system's results will always be random, because of the potential for a boxed hedge that absorbs the whole account is always there.
2. Because of exponential growth in returns, it should be possible to occasionally hit a home run.

So I ran a backtest from the day after Christmas to today, optimizing for target. And another one for Oct 1 to the day before Christmas. The results, as you might expect, were random. For instance, asking 10% return with 0.2% trade size gave a handsome profit. Asking for 9% with the same trade size destroyed the account. How is that possible, since you actually made it easier to hit the target? Because the points at which grids were initiated in the two trials would be different - and if the grid initiation points are different the outcome is either winner or loser, regardless of what you ask for in terms of profit. Some very low targets bombed the account, asking for a 20% target yielded a 650% return from Oct to Christmas.

Well, here's an idea, then. Using a small fraction of your total investment, and asking for a large return target value, start a new instance of the EA each day for X days, based on your total investment. A certain number will fail, a certain number will grow huge, because your initiation point is different in each case. Or just do several as above, except all on the same day with different targets. Some fail, some grow huge. And in the end you'll collect more from the winners, hopefully, than you lose in total. This should work because you can only lose down to margin call on the losers, but the winners can win any amount. Limited loss, unlimited gain.

A good man knows his limitations ~ Clint Eastwood

#984
Feb 18, 2015 7:30am Feb 18, 2015 7:30am

Thepipster
| Joined May 2012 | Status: Working the mine. | 404 Posts

Another use of this EA is for general "discretionary" trading, and using it as a trigger pull. So, when you would normally open a trade according to whatever strategy you use, whether you buy or sell, you can instead just initiate the EA, and let the pending orders be placed, and if your strategy is fairly good at getting ahead of a big market move, the EA will take care of any negative movement from your decided entry point. You can use it as a one-time tool, instead of all the time, in other words.

Too close for pips, switching to points.

#985
Feb 19, 2015 8:39am Feb 19, 2015 8:39am

Thepipster
| Joined May 2012 | Status: Working the mine. | 404 Posts

So this was a surprise...I just checked my email and got this notification from finfx...

We regret to inform you that due to regulatory reasons FinFX will no longer offer brokerage services to U.S. citizens as of 30.1.2015. All of us at FinFX value your business and are able to offer a solution that will meet your trading requirement. We have worked out an arrangement with another Broker who will be able to continue servicing you in offering identical trading conditions. The process is very straightforward and does not require any action from you; your self-trading accounts will be moved to their server (along with any open/pending trades) as well as account history.

About Tallinex

Tallinex was formed at the end of 2012 by a team of Forex professionals who wanted to provide equally good facilities for everyone.

Tallinex focuses on risk mitigation, leading them to develop proprietary trading technologies so that all trades are transmitted swiftly and reliably to the world's largest banks through a PrimeXM FX bridge. Clients can therefore benefit from better ECN/STP technology and confidently trade the Forex markets through Tallinex.

Please visit https://www.tallinex.com/ for more information. If you have questions about Tallinex, feel free to email[email protected] or call on +372 581 354 08.

Please kindly note that we will initiate the transfer of all US client accounts to Tallinex on 30.1.2015 and from there onwards your Broker partner will be Tallinex. If you do not wish your account to be moved please let us know immediately and we will close your account.

Now, I have to figure out this broker. This hasn't affected demo accounts, but I haven't traded live for awhile. Just thought I would give the heads up, in case others didn't know about this.

Too close for pips, switching to points.

#986
Feb 22, 2015 2:01am Feb 22, 2015 2:01am

Jstan
| Joined Sep 2013 | Status: Trader | 403 Posts

Quoting dgodfrey

Disliked

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...

Ignored

Hi dgodfrey,

What should we do if all the buy & sell grids have been triggered and we have a balanced buy & sell orders. This would create a situation wherein we are locked in a floating drawdown. Do we remove the EA and manual trade out of this lockdown or just close all the open orders for a loss ? I've encountered this one time and puzzled
on what to do.

#987
Feb 22, 2015 8:01am Feb 22, 2015 8:01am

dambuster
| Joined Nov 2009 | Status: Trader | 443 Posts

Depending on equity and risk sentiment you can:

A: close all and start again
B: remove EA and trade out manually
C: extend the grid with the extender script

#988
Feb 25, 2015 10:19pm Feb 25, 2015 10:19pm

Jstan
| Joined Sep 2013 | Status: Trader | 403 Posts

Hi dambuster,

Thanks, I would like to experiment with b & c.

For b: depending on where price is on our grid do we close orders from in going out or vice versa.
have you tried trading manually in a full hedged position ?

For c: do you have the extender script ?

#989
Feb 25, 2015 11:06pm Feb 25, 2015 11:06pm

dambuster
| Joined Nov 2009 | Status: Trader | 443 Posts

Quoting Jstan

Disliked

Hi dambuster, Thanks, I would like to experiment with b & c. For b: depending on where price is on our grid do we close orders from in going out or vice versa. have you tried trading manually in a full hedged position ? For c: do you have the extender script ?

Ignored

b: yes
c: it's in this thread - click attachment icon, top right of page and search for it

#990
Feb 26, 2015 9:22am Feb 26, 2015 9:22am

kosmo
Joined Feb 2013 | Status: constructively provocative | 1,505 Posts

High leverage took its toll; my $10 grid is down to 50% after reaching nearly 600% gain in less than two months. Still, that's 5:1 if the money was withdrawn regularly. The next tester will be toned down to half the leverage and half the target - twice the wiggle room for margin.

The original is building slowly again, after I reset it manually for a small loss.

mind over matter

#991
Feb 26, 2015 9:51am Feb 26, 2015 9:51am

Thepipster
| Joined May 2012 | Status: Working the mine. | 404 Posts

Quoting kosmo

Disliked

High leverage took its toll; my $10 grid is down to 50% after reaching nearly 600% gain in less than two months. Still, that's 5:1 if the money was withdrawn regularly. The next tester will be toned down to half the leverage and half the target - twice the wiggle room for margin. The original is building slowly again, after I reset it manually for a small loss.

Ignored

I think that version, with the configuration you were using, except for the high leverage, seems to be the best performing out of all the versions so far.

http://l3.yimg.com/bt/api/res/1.2/.W...m/dt150225.gif
Dilbert is on a roll on this the last week. Pretty funny.

Too close for pips, switching to points.