Expanding Grid

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

Thanks for your efforts, Master Bauta!

Excellent backtest results, especially in Symmetry mode:

+15% per year with -6.7% max. DD which translates to 30% per year with -13% max. DD or +45% with -20% max. DD.

I wonder if it were possible to make Dynamic Grid percentage adjustable by adding a "DynamicGrid_Percent_Increase" parameter (or similar name) under "Dynamic_Grid".

..

Good morning
Mr. Bauta, I read your post on a small capital,
but he was referring to the 103 version, in your opinion, with a capital of $ 250 - $ 500 on a currency pair EURUSD, whitch parameters are better to set ?

Hello Bauta,

Wat you think about to add a lot parameter % of Equity?

Note that ExpandGrid does not work in small accounts, you should be on micro-forex accounts.
You may try grid_factor=1 or grid_increments=100 and ProfitTarget=5 for standard account, ProfitTarget=1 for micro.

I have that idea in queue, if I do get better drawdown than 25K, I will create the parameter. Right now the factor should be 0.01 lot per each 25K
stay tuned,
bauta

" Note that ExpandGrid does not work in small accounts, you should be on micro-forex accounts. "


I mean, using the Scalper Grid style settings

Where is the voice Profit Target?

None, micro-forex means lot size smaller than 100K (standard)
Look for minimum position size smaller than 0.01 here
http://www.earnforex.com/micro-forex-brokers/

E104 release 025 (final).

Please re-download on post one or here:
http://www.forexfactory.com/attachme...2&d=1453737586
bauta

Informational:
EG104 is not optimized for micro-forex accounts yet, I do recommend you to load it on demo and then write down profit target. Then go to the micro account and factor the target by lot size of the micro (10K example) by the standard lot (100K).
you may use my I-MinLot scrip posted on http://www.forexfactory.com/attachme...2&d=1452527057 to display lot information.

Let's assume that your micro account LotSize=10K and minLot=0.1, in demo standard account, symmetry style, startLotQty=0.01 shows 1.2 target.
OK, 0.01 in standard is 1,000, 0.1 in this micro is 100. it means your order quantities are 10 times smaller than standard, then your target must be 10 times smaller, in this case it should be 0.12 (12 cents)
for scalperGrid, when std startLotQty=0.1 and target is 1, the formula is: 0.1 standard is 10,000, your micro is 100, then target should be 0.01. ( I do recommend going to 0.02 to cover slippages)

I may open a micro-forex account to optimize EG104, stay tuned.
thanks, bauta

well, well, I tried to backtest the EA on USDJPY & EU on M15 et M30 without any trade..

What's up ?

Jaguar, You have to manually enter a Magic Number into the settings of EG104, under the strategy you want to test. eg. enter "301" on sMagicNumber under symmetry for symmetry style. I have also posted a screenshot, goodluck

ok thanks

EG104 Update.
Dynamic Grid fixes, please re-download on post one or here:
http://www.forexfactory.com/attachme...9&d=1453834406
thanks,
bauta

Mr. Bauta, I was thinking, you can add to Ea104 the option to disable it after it has reached a certain amount of gain?
For example, start the program and my goal is to earn $ 200,
the EA 104 after several operations makes me reach the gain, so the program is disabled,

as it disables the time you set...
let me know

Hi Bauta , you wrote
"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"

I worked a lot on a hedging trend strategy w/o reliable results.
What are the advantages provided by an expanding grid versus an hedging strategy shown in the image in attachement ?
Is it just in the lotsize management in the grid ?
or is it located in the level calculation mechanism ?

Can you tell us futhermore ?

Thank in advance

Alert:
I do recommend setting all charts to Closure Mode starting now and for the rest of the day. (till 0 GMT)
bauta