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Expanding Grid

  • #561
  • Dec 16, 2015 11:55am Dec 16, 2015 11:55am
Quoting normtold
I look forward to bautas view but in my opinion it will not make a lot of difference. Level 5 = at least 0.16 Lots and the difference between + 1 cent and - 1 cent is a fraction of a Pip. Even closing the basket at + 1 cent might still end up a small loss due to fast moving price or slow execution.
@normtold

I meant -1 USD, not -1 cent as BreakevenTarget in the backtests.
  • #562
  • Dec 16, 2015 12:09pm Dec 16, 2015 12:09pm
Quoting bauta
{quote} BreakevenLevel=5 test results. This parameter helped in the drawdown by more than 40%, also profit factor increased. Note that in this revision I did removed symmetry2, if you like to trade symmetry2, just use symmetry with Grid_Increments=30 and MoneyTakeProfit=2000 Now, capital needed is 25K instead of 50K Please re-download at post 1 http://www.forexfactory.com/attachme...1&d=1450283497 Test results: {image}
revised symmetry2 parameters. Grid_Increments=30 instead of Grid_Factor=1 (see prev. post)
  • #563
  • Dec 16, 2015 12:13pm Dec 16, 2015 12:13pm
Quoting normtold
"Now, capital needed is 25K instead of 50K" That is great news. Will it work on a live account? I would feel a bit calmer using it than the version I am using live now.
Yes, for unlocked versions only (purchased or giveaways only)
  • #564
  • Dec 16, 2015 12:25pm Dec 16, 2015 12:25pm
Quoting MasterGuru
@Bauta Interesting that the DD has improved so much just by a small adjustment of the MoneyTakeProfit parameter. What if we accepted a small loss from the 6th level by setting MoneyTakeProfit at -1. It would be a small price to pay for getting out of potential large drawdowns (before they happened), which DDs mean not only anxiety, but also LOTS OF MISSED PROFITABLE OPPORTUNITIES. In other words: getting out of a "bad basket" IN TIME - with a small loss - could be even profitable by allowing the EA to mak numerous profitable trades which otherwise...
Yes, I will do.
Important to understand MoneyTakeProfit parameter here. When it is set to zero (0) it will calculated automatically by the EA, more of the scenarios it will be one grid level by the initial lot quantity. When breakevenKevel is reached, it will change to 0.01. I will recode it to change to 0.01 only when it is greater than 0.01, then you will be able to use negatives for breakeven levels.

Taking good portion of your idea in general, I think that if we set a factor of loss it will be better than a constant like -1. Example, if grid is above 6 levels and losing $2,000, set profit level to -500 per example (1/4) or -250 (1/8)

OK, let's test this, I may create a parameter for that factor then all of us test it together.
bauta
  • #565
  • Dec 16, 2015 12:28pm Dec 16, 2015 12:28pm
this is a great idea. taking the smaller loss is ok , moreso when the earlier profits have already been cashed out on some of the strategies.
  • #566
  • Edited 12:50pm Dec 16, 2015 12:34pm | Edited 12:50pm
Quoting normtold
I look forward to bautas view but in my opinion it will not make a lot of difference. Level 5 = at least 0.16 Lots and the difference between + 1 cent and - 1 cent is a fraction of a Pip. Even closing the basket at + 1 cent might still end up a small loss due to fast moving price or slow execution.
Correct, the idea is breakeven, you know, + or - but at least send the orders when it see 0.01
  • #567
  • Dec 16, 2015 12:49pm Dec 16, 2015 12:49pm
Quoting bauta
{quote} Yes, I will do. Important to understand MoneyTakeProfit parameter here. When it is set to zero (0) it will calculated automatically by the EA, more of the scenarios it will be one grid level by the initial lot quantity. When breakevenKevel is reached, it will change to 0.01. I will recode it to change to 0.01 only when it is greater than 0.01, then you will be able to use negatives for breakeven levels. Taking good portion of your idea in general, I think that if we set a factor of loss it will be better than a constant like -1. Example,...
Excellent idea, Bauta! Making "acceptable loss" a dynamic feature - as the basket grows - should work out well, furthermore for individual felxibility and backtesting purposes it should be adjustable in parameters (i.e. not "burnt in").

I am very optimistic that closing "risky baskets" (i.e. above 5 levels) at smaller losses will not only lower max. DD and allow runnng the EA on smaller accounts, but will also boost overall profitabilty by making room for numerous profitable trades. In other words it should improve R:R rato.
  • #568
  • Dec 16, 2015 12:53pm Dec 16, 2015 12:53pm
Maybe some kind of "negative trailing". A timefilter that triggers the loss which is accepted.
The longer it takes to get out of the basket, the "larger" the acceptable loss (capped at a certain max amount).
  • #569
  • Dec 16, 2015 12:55pm Dec 16, 2015 12:55pm
Quoting MasterGuru
{quote} Excellent idea, Bauta! Making "acceptable loss" a dynamic feature - as the basket grows - should work out well, furthermore for individual felxibility and backtesting purposes it should be adjustable in parameters (i.e. not "burnt in"). I am very optimistic that closing "risky baskets" (i.e. above 5 levels) at smaller losses will not only lower max. DD and allow runnng the EA on smaller accounts, but will also boost overall profitabilty by making room for numerous profitable trades. In other words it should improve R:R rato.
Yes, correct. Let's work on that idea,

Now, getting ready for the FOMC release. You should be all out of the market for the next two hours.
This guys like to move the market on this release. Let see what happens with this move from yesterday. What do you think? Continuation or reversal. Ha, the pros plays with that. Let's play with them.
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  • #570
  • Dec 16, 2015 1:16pm Dec 16, 2015 1:16pm
Thank you all for your effort, congratulations you. kind regards...
https://tracking.avapartner.com/_RwAAA
  • #571
  • Edited 2:07pm Dec 16, 2015 1:55pm | Edited 2:07pm
I was running the EA during the FOMC in ScalperStyle, on a 10k demo account with 0.1 starting lot and 3.5 USD manually set TP.

Well, the EA has passed the FOMC test with flying colors. Max DD went over -1000 USD just slightly, but during the "firework" it has made more than 1000 USD profit(!).

The largest lot size was 9.88 lot at the 6th level, and most of the profit came from this basket. Why? Due to significant positive slippage when this large basket has closed.

On a real account more funds would have been needed as the 10k account size was just enough to accommodate the required lot sizes for the 6th level. A 7th level could not have been opened due to inadequate funds.

Attached Image (click to enlarge)
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  • #572
  • Dec 16, 2015 2:36pm Dec 16, 2015 2:36pm
Well done MasterGuru, I also took on the FOMC, but with mChannel. Max DD was around $200 running 3 USD pairs with about a $50 profit over the FOMC release.
I run with default settings (0.01 starting lot size) so pretty happy with these results. I need one more week in the green and then I will go live.

Next week I will be starting another Demo account to test Bauta's Latest version. I really like version 021 as it seems the most stable. I like the higher profit factor of version 022 but the open positions can draw out a fair bit. Looking forward to testing the latest version as I appears at face value that it should give me both the profit factor I want, and the smaller DD.

Thanks again for your hard work Bauta
  • #573
  • Dec 16, 2015 2:59pm Dec 16, 2015 2:59pm
Quoting MasterGuru
I was running the EA during the FOMC in ScalperStyle, on a 10k demo account with 0.1 starting lot and 3.5 USD manually set TP. Well, the EA has passed the FOMC test with flying colors. Max DD went over -1000 USD just slightly, but during the "firework" it has made more than 1000 USD profit(!). The largest lot size was 9.88 lot at the 6th level, and most of the profit came from this basket. Why? Due to significant positive slippage when this large basket has closed. On a real account more funds would have been needed as the 10k account size was just...
Made a new demo account (to test E103(Symmetry)!
  • #574
  • Dec 16, 2015 3:09pm Dec 16, 2015 3:09pm
http://www.forexfactory.com/popkart0727#acct.17


i test it for fomc .
i get $200 (demo)
i will continue to test it .

thank you bauta
  • #575
  • Dec 16, 2015 3:38pm Dec 16, 2015 3:38pm
EG103 V22 - Scalping test


Attached Image (click to enlarge)
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Tx Mr Bauta
  • #576
  • Dec 16, 2015 7:16pm Dec 16, 2015 7:16pm
Quoting Drolph
{quote} ... To compensate the lotsize increase a "partly" hedge order could be set in parallel like the famous swb_grid did. This partly hedge should then be treated (recovered) separately once the heavy grid reached breakeven. {file}
Thanks for your idea,
This idea is in queue for future releases. I do call it inside grid.
I will be developing up to 10 inside grids, it means if main grid increase above BreakevenLevel, the EA will set target to 0.01 and then create a new grid set controlled by a different magic number, if second grid reaches BreakevenLevel, then create a third grid, and so on up to 10 grids.
each inside grid will start counter to the calling grid and each will close at the target individually with the exception of all sets total profit equal to original target, then all grids will close at once starting a new cycle.
I will need some time to develop this idea, expected finished by January.
Also, I need to write a documentation to use this grid, it is been delayed because this grid is still in active developing, reason why I ask you to be extremely carefully when you trade it in live account.
After this EA get to the levels I do like, I will instruct you how to get it unlocked.
From post 1: "Active trades who post ideas or comments and show demo explores based on ExpandGrid may receive an unlocked version of it on any of the giveaway I may promote, just private massage to me and I will revise it. Note I must be able to see lot quantities on the explorer."
  • #577
  • Dec 17, 2015 12:29am Dec 17, 2015 12:29am
Already setup EG103 22 with below settings:
Pairs: EURUSD, USDJPY, AUDUSD, GBPUSD
Mode: symmetry
Grid Increment: 40
Breakeven Level: 5

Will let it go on both demo and live accounts(my responsibility) during today's high impact news.
Trade explorers already setup and recording events!
  • #578
  • Dec 17, 2015 12:46am Dec 17, 2015 12:46am
Hi Bauta and other Friends, Dear Bauta I have a propose to addition on new idea. This propose working on ver. 21. I hope that its addition will be helpful.
Attached Image (click to enlarge)
Click to Enlarge Name: Adsız1.png Size: 48 KB


Only 1. sell , other sells may be open and close...
https://tracking.avapartner.com/_RwAAA
  • #579
  • Dec 17, 2015 1:03am Dec 17, 2015 1:03am
Quoting bauta
{quote} Thanks for your idea, This idea is in queue for future releases. I do call it inside grid. I will be developing up to 10 inside grids, it means if main grid increase above BreakevenLevel, the EA will set target to 0.01 and then create a new grid set controlled by a different magic number, if second grid reaches BreakevenLevel, then create a third grid, and so on up to 10 grids. each inside grid will start counter to the calling grid and each will close at the target individually with the exception of all sets total profit equal to original...
A few months back I have actively participated in a FF thread (Martingale Grid Hedge: http://www.forexfactory.com/showthread.php?t=497448) where the use of inside grids was discussed and tested, however, the concept has resulted in rapid absorption of the available margin and accumulation of huge open floating positions.

In other words: for entering and maintaing multiple inside grids there should be adequate available free margin, which means that the necessary account size has to be significantly larger to accommodate these inside grids.

The larger account size has a few disadvanteges in real account trading: 1. It is not easily available for a retail trader 2. It may result in larger losses in case of a "black swan" event (any Martingale strategy is at risk for rapid total loss). 3. Smaller % profits (unless the absolute profits are proportionally higher by using inside grids).

In summary: In view of the above-mentioned disadvantages I am not sure if it is worth the effort to incorporate the inside grids, as - in my opinion - the strategy looks pretty good as it is now.
  • #580
  • Dec 17, 2015 1:11am Dec 17, 2015 1:11am
Quoting akkus45
Hi Bauta and other Friends, Dear Bauta I have a propose to addition on new idea. This propose working on ver. 21. I hope that its addition will be helpful.{image} Only 1. sell , other sells may be open and close...
@akkus45

Your suggestion sounds good - with the hindsight of subsequent price movements.

What if the price went UP (and not down)? Well, then we would be stuck with additional floating sell positions and heading towards the 5th and 6th grid levels, i.e. the "danger zone". It is the best to close any and all baskets ASAP, and one way to achieve it is to keep TP reasonably small, so baskets are closed early and with higher probability.

As you can see on my screenshot made during FOMC news, using a very small fix TP for all single trades and baskets (at 3.5 USD with 0.1 lot) the EA has resulted in more than 1000 USD profit within a few hours and with tolerable DD.
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