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Expanding Grid

  • #721
  • Dec 30, 2015 2:55am Dec 30, 2015 2:55am
Can you provide the right settings and time frame
  • #722
  • Dec 30, 2015 5:34am Dec 30, 2015 5:34am
Quoting forexbrzee
Can you provide the right settings and time frame
Time frame is not important in this method.
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  • #723
  • Dec 30, 2015 5:49am Dec 30, 2015 5:49am
Quoting MasterGuru
No backtest can substitute a real account live forward test. It is time consuming, but even in Forex, patience is rewarded.
precisely why you shouldn't preach about your amazing hedge fund trader in the other thread when you cant even show more than 2 years of trade record in live environment.
better luck next time.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #724
  • Edited 11:25am Dec 30, 2015 10:03am | Edited 11:25am
EG104 v024 Release:
What is new?
Flexibility. All styles has been separated into they own set of parameters. It will allow unlimited possibilities.

See documentation on post one (1).
Download it on post 1 or here
http://www.forexfactory.com/attachme...9&d=1451491295

Happy new year to you all!
bauta
  • #725
  • Dec 30, 2015 11:17am Dec 30, 2015 11:17am
I try several form of grid trading.

Each time, i get out of my money after variable time.

Maybe "Expanding grid" could minimize that ? But i'm sceptikcal..

You always can also be trapped in a "expension" channel depending of the trend itself.

After a couple of month or years, you will be out of money.

Testing this EA for 1 year can convince you.. But you will ruin yourself in live account after a couple of month..
  • #726
  • Dec 30, 2015 12:46pm Dec 30, 2015 12:46pm
Documentation:
New documentation on post 1
http://www.forexfactory.com/attachme...0&d=1451501094

Work in progress documentation.
bauta
  • #727
  • Dec 30, 2015 12:56pm Dec 30, 2015 12:56pm
Thank you Dear Bauta , happy new year to you and other followers . I will continue to follow you.
https://tracking.avapartner.com/_RwAAA
  • #728
  • Dec 30, 2015 1:40pm Dec 30, 2015 1:40pm
Thanks for the settings
  • #729
  • Dec 30, 2015 2:42pm Dec 30, 2015 2:42pm
Thank bauta for settings. But that is the settings for old version. You haven't sent the settings for new version which you recently uploaded.
  • #730
  • Dec 31, 2015 9:41am Dec 31, 2015 9:41am
Quoting bauta
Documentation: New documentation on post 1 http://www.forexfactory.com/attachme...0&d=1451501094 Work in progress documentation. bauta
Thanks for the new version and doc!
Have you also updated the private link you mentioned to several people before?!
  • #731
  • Dec 31, 2015 11:13am Dec 31, 2015 11:13am
I tried to back test the latest version of the ea. But it doesn't trade. Should i run with the default settings or change the settings?
  • #732
  • Dec 31, 2015 12:02pm Dec 31, 2015 12:02pm
Quoting forexbrzee
I tried to back test the latest version of the ea. But it doesn't trade. Should i run with the default settings or change the settings?
You must enable the style you want to test. Set MagicNumber to a value greater than zero. Example, to enable symmetry, set sMagicNumber=301 or any number you like.
bauta
  • #733
  • Dec 31, 2015 2:01pm Dec 31, 2015 2:01pm
Documentation:
ScalperGrid section updated:
re-download instructions on post one or here: http://www.forexfactory.com/attachme...6&d=1451591961
changes:

ScalperGrid style is FIFO compliant if executed with default TakeProfit=0 parameter. It is well suitable for US traders who are not allowed to hedge positions. This style does not hedge (TakeProfit=0) but it will martingale. Well-funded account is needed here.

First and at all, it is not possible to back test it on MT4 with reliable results, tick data is not available there for testing. A third party provider is needed to test it. You may test it just to check its functionality. Demoing it first is highly recommended.
ScalperGrid is based on symmetry style, if the initial position does not target, it will buy when market is going down and it will sell when market is going up multiplying the last order quantity by gOrderMultiplier parameter.
The default value of the multiplier is 2, increasing this value will target quickly and will increase profit factor, on the other hand, it will require more capital and you may get the margin call.
scalperGrid will target small profits and repeat the cycle again. It likes many cycles on a single day. That is scalp. (not high frequency trading yet). The EA will target the StartLotQty*10 (ten times the initial lot quantity, minimum is 0.20). Example, if StartLotQty is 0.10, target will be $1.00. Changing TakeProfit parameter will override this criterion. Note that if you increase target to more than grid increments then it may hedge and then it becomes not FIFO compliant.
For micro forex accounts, you must decrease the target using TakeProfit parameter, for 1K lot micro, minimum lot is 0.1, target should be 0.01 (1 or two cents).
It is recommended to use Grid_Factor of 5 or less, greater values will open much more orders and you will get the margin call quickly. scalperGrid start opening only one position. It does not starts hedged as symmetry does.
scalperGrid closes at the small target and reopen a new position, more of the times at the same direction. Don't ask here why not to keep the previous position open, exposure is the main reason. Share the money with the broker and you will be OK. Try to take all the money for you and then you will lose it all.
The center of the grid moves as it execute new orders. Grid is dynamic, it is not a channel.
scalperGrid needs a broker that allow scalping. it may place more than thousand orders per symbol per day.
  • #734
  • Jan 1, 2016 1:06am Jan 1, 2016 1:06am
I would like to emphasize that all Forex strategies, and especially Martingale-style strategies (like this one) absolutely need "RED NEWS" discretion.

In other words: it is senseless to stay in trade during "Red News" as it is like playing Russian Roulette with your account (unless you are a "Precog"...).

The reason I mention it is because it is impossible to backtest this EA in a way that it does not trade during Red News. If it were impossible to do that, then it is practically useless to spend time with any backtests.

I am running this EA on a LIVE ICM account (see my "GridScalper" Trade Explorer) with this Red News discretion, i.e. I put the EA in "CLOSE" mode a few hours before Red News events and restart it after the market settles.

I wonder if Master Bauta would consider incorporating a Red News Filter in the EA.
  • #735
  • Jan 3, 2016 1:20pm Jan 3, 2016 1:20pm
Alert:
I will wait for at least 4 hours after the market opens to activate EG104.
bauta
  • #736
  • Jan 4, 2016 3:24am Jan 4, 2016 3:24am
Another excellent day (so far) using "scalper" style and a small fix TP (see my "GridScalper" Trade Explorer).
  • #737
  • Jan 4, 2016 3:52am Jan 4, 2016 3:52am
Yes it is doing well, but mine went to level 9, 2.56 Lots which is scary.
  • #738
  • Jan 4, 2016 9:43am Jan 4, 2016 9:43am
Hi everybody and happy new year!

Now I'm still testing the ea103 scalper mode, i will put here the graphics when i'm done.

for now i'm trying to test the 104 but even though I set the magic number 301 to the scalper system is not working
  • #739
  • Jan 4, 2016 6:58pm Jan 4, 2016 6:58pm
Quoting Gianma
Hi everybody and happy new year! Now I'm still testing the ea103 scalper mode, i will put here the graphics when i'm done. for now i'm trying to test the 104 but even though I set the magic number 301 to the scalper system is not working
Re-download 104 and try again Bauta
  • #740
  • Edited Jan 5, 2016 11:11am Jan 4, 2016 7:48pm | Edited Jan 5, 2016 11:11am
Scalper mode with fixed TP (and avoiding red news) running on 3 pairs:

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