E104 Release Candidate, version 104.25rc.
What's new?
Dynamic_Grid parameter added. Default to true. Thanks to MasterGuru.
The objective of this parameter is to reduce quantities and manage fast moves in the same direction when the style is symmetry or ScalperGrid (limit order style), and to expand channels when price is ranging or in consolidations eliminating multiple order zigzags. (Stop order styles).
Dynamic_Grid is not available in sExpandGrid style. it expand by itself.
When Dynamic_Grid=true (default) the grid will increase/expand by 20%, rounded up, of previous grid size every time a level is executed.
When grid closes, grid increments will be reinitialized. Target will be the initial grid size.
Sample: Let's said grid increment starts at 12 (By Grid_Increments or by Grid_Factor) , first level execution increment will be changed to 12*1.20=15, second level it will be changed to 12*1.20=14.4*1.20=18, third level will be 21, then 25, 30, 36, etc. It multiplies by 1.20 each level and then round up to integer (increment is in pips)
For limit order styles, grid will run away from price as more levels executes and will be harder for price to chase it.
I will perform a full 10 years test shortly and I will post it here. In my preliminary test I do believe it will work best on symmetry and ScalperGrid. Why? Because as more the price moves in one direction, biggest are the odds it will retrace. (rule of thumb)
See attached the release candidate anda test for each symmetry and ScalperGrid for 2015, default values each.
Note I do not posting it on post one or to downloads link yet because it is in testing mode.
stay tuned,
bauta
What's new?
Dynamic_Grid parameter added. Default to true. Thanks to MasterGuru.
The objective of this parameter is to reduce quantities and manage fast moves in the same direction when the style is symmetry or ScalperGrid (limit order style), and to expand channels when price is ranging or in consolidations eliminating multiple order zigzags. (Stop order styles).
Dynamic_Grid is not available in sExpandGrid style. it expand by itself.
When Dynamic_Grid=true (default) the grid will increase/expand by 20%, rounded up, of previous grid size every time a level is executed.
When grid closes, grid increments will be reinitialized. Target will be the initial grid size.
Sample: Let's said grid increment starts at 12 (By Grid_Increments or by Grid_Factor) , first level execution increment will be changed to 12*1.20=15, second level it will be changed to 12*1.20=14.4*1.20=18, third level will be 21, then 25, 30, 36, etc. It multiplies by 1.20 each level and then round up to integer (increment is in pips)
For limit order styles, grid will run away from price as more levels executes and will be harder for price to chase it.
I will perform a full 10 years test shortly and I will post it here. In my preliminary test I do believe it will work best on symmetry and ScalperGrid. Why? Because as more the price moves in one direction, biggest are the odds it will retrace. (rule of thumb)
See attached the release candidate anda test for each symmetry and ScalperGrid for 2015, default values each.
Note I do not posting it on post one or to downloads link yet because it is in testing mode.
stay tuned,
bauta
Attached File(s)
symmetry 2015.pdf
81 KB
|
382 downloads
Scalper 2015.pdf
76 KB
|
324 downloads
mChannel Scalper 2015.pdf
77 KB
|
308 downloads
EG104.ex4
79 KB
|
374 downloads