Matrix Grid Trading Community Edition

Well, I'm assuming GT won't mind that, since he doesn't care about it anymore. However, let me know if you want this removed from here and I'll delete it.
Anyway, I think the EA takes its trading signals from his (GTs) server, so if he doesn't provide them, the EA is useless.

Thanks, wattaman, Is just an ex4 enough for the program to work? I saw there is some sort of Setup File

For the program?

P.S Just what I thought just and ex4 doesn't work. Tester says

"Cannot be tested, Unable to load history trend data.."

Anybody has an Program SETUP file? Thank you.

I m using old first version of matrix gird trading.

http://www.forexfactory.com/showthre...89#post8167789

Thank you very much for your support of GoogleTrader and BillYon

Ok so I guess we are back to normal so I am going to go back to one of my original issues. A lot of cent brokers seem to have a minimum of 0.10 lots but a step of 0.01. I think this is important to fix because it could reduce your lot size if you have a multiple of something other than 1.0. There is no reason for this to happen. I can help if you need GT.

Gentlemen,
I have been playing with a lot of testing and hedge options/ideas that would prevent the ultimate death trade issue i talked about some posts above.
My hedge attempts have done 2 things - either eroded profits or cause the death trade even sooner. I don't think traditional hedge will work here.
After doing quite a bit of testing I came to a conclusion that i would like to share. It may be possible to avoid them without hedge.
The first question was why they occur, so i examined many of them to find out. When doing a broad test, we define a month range or longer for the test. Well, in Forex, as well as in the Stock market, once the market opens there is sometimes a breakout/breakdown gap - in many cases, this is what causes a chain event that ultimately leads to a crash either do to margin requirement or DD. Is not the gap that is the problem, but any trades you have open from previous week.
In other cases, its a runaway market without a bounce to break even, despite a low time frame.
First thing i would recommend is to start trading Mondays after London open and to close Fridays afternoon.
What is also a partial solutions is to use a multiplier, not linear lots. This way, we bring the break even point faster towards us. (ea will BE after so many trades/time) This way, one could further reduce the risk of a death trade. Now, by increasing the multiplier - you are increasing profitability but also the necessity to have your account adequately funded. So, you probably have to double the amount of account capital IMO. Clearly, sharper the multiplier, more capital is necessary.

Before considering going live with any settings, one should demo test the settings for several months to get an idea of the numbers.
The smartest play is to take your profits every Friday, not compound. So, when and if a crash happens, hopefully you have covered your investment and walked away with a profit. Rinse repeat? :-)

Best, Josh

hi wow thanks josh did have a very big drawn down but after 12 days today did recover with profit again also kindly would share again your safe settings
many thanks

Hey Ellen. I intend to run a test for several weeks experimenting just that. I will post here, but please remember, as per my post, there are no "safe" settings :-)
For my experiments, i used a platform other than grid 1.1 - but similar in nature. Currently I am running some other experiments on my VPS, so i will start probably next week or so. If anyone has any extra processor power or VPS - this would be a great test. 1 pair, 3 mt4s running on seperate accounts. multipliers set to 1(base), second set to 1.1, third account 1.2. All have .01 lots and lets say 1000$. Time to run - 2-3 weeks at least then present data. That way we could compare. Grid setting should be left default as they are calculated by ATR(i assume that).
Pair - i would suggest not to use EUR/USD - its too much of a wild child, particularly these days.
Any takers?

Best, Josh

I am a taker! Look forward to receive your platform + instructions

Count me in Josh!

Hi Joshua, I concur with all your points above. I have posted before that I think there needs to be a filter for trend exhaustion, which could be as simple as a "max internal trend confirmation" setting for when the trend strength is above a given %, as this often signifies the end of the trend at the point where you least want to get into a trade. So, in the same way that you can alter the "internal trend strength" for opening trades now, there could be a setting for preventing new orders when the strength is above say 70% or 75% (or should it be relatively decreasing). Alternatively Currency Slope Strength could be used to determine the point of a reversal and have suggested this to GT. From a psychological point of view I find it very difficult to manually get out of a trade with multiple orders that is going against you, as you keep waiting for an opportunity to reduce your losses which sometimes never comes, and when you get a glimmer of hope you don't exit in case it continues in the right direction after all.

At the very least I would like to be able to set a lower limit on the number of possible open orders per pair, after which the earliest order is automatically closed before the next one is open, this way you are not exponentially compounding your exposure. It may still result in a slower death, only testing will show, but it would certainly reduce draw down and give you more time to intervene manually.

Can anyone code a grid strategy that uses CSS (Currency Slope Strength) for its trend signals?

thanks again JOSHUA you are the men?///////

It is a sound option, but ultimately it will have to be coded by GT for his EA. I will send a message to him via Skype and ask him to share his thoughts on this here.

[quote]Billyon - Count me in Josh! :-) " Great :-)


Adam, i used "blessing" as a template, to get ideas, backtest etc. - but the key for this is to test it in Matrix Grid 1.1
If you would like to play around blessing, here is link to Stevie Harpwood's thread. " http://www.stevehopwoodforex.com/php...7#!prettyPhoto[pp_gal81204]/1/ " - platform and some set files.
As i previously wrote, this platform is similar and also different, but can be backtested, you can see what could/can work under which conditions. I would also advise that for backtesting you get best data - 99% modeling quality - instructions here - " "

Bottom line is, we need to see data we can compare side by side to see the problems and then we can try at solving them. It also might help us find the right mixture.

As for the hedge idea, i can say without any ego that it might take more experienced hands to give it a go.

Best, Josh

For trend filter, it would be good if we could get lines on a chart when trend has changed. Then we could try to look for a filter.

Regards,
GK

Many times the DD that nukes the account is prior to the trend indicator changing. My focus now has been looking for another system to marry with the grid trader. A system that has high probability in identifying swing points and such. Then it would be nice to have the option to specify our first orders entry price on our own.

For instance. coming reversal identified in an uptrend- open grid trader 1.0 for shorts only and capture the reversal this way.

Systems I have had some success with are SSBO - Grid trades, counter the breakout direction. Also using the trend indication to set my breakout trades direction gained many pips.

Transient Zones - Activate grid trader and trade the revisits to PTZs (those who know what that is). If price runs aways you build grids and catch the recurrent action are a piece of it given we have a dynamic TP with matrix 1.1.

CRSI - This has a rate at spotting reversals so when you get and extreme signal you activate the grid trader and capture the reversal.

And as always i'm testing the hedge strategy that gave me that 500% gain that gave me goosebumps and a hernia when It turned out not as perfect as I wanted.

That's where my heads is at with the Matrix grid trader...

matrix trend mix with rossbot ea of SSBO system

Transient zone matrix mix idea

Check the transient zone basic thread for info of such and why I think it a good idea

Interesting, BillYon! So you are trading the boxes in the direction of the trend given by MGT?

Billy, can you point to that thread please? Cannot find that info, thanks.

P.S

Speaking about MGT Trend Indy. While trend for GBPUSD was showing down 56% , pair jump up almost 100 pips

Not sure if that indy is reliable, IMHO.