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Expanding Grid

  • #921
  • Feb 3, 2016 9:05am Feb 3, 2016 9:05am
Quoting bauta
{quote} symmetry and mChannel are completely different styles, they result never equals. The difference is not because grid factor or any other parameter, it is because symmetry buy below price and mChannel buy above price. Later I will illustrate the two styles, then you will see it better. thanks, bauta
Hi Bauta,

No answer from you by PM
I am waiting for your explanation about symmetry.

Today, I am wandering if symmetry is more adequate for trades created inside a channel.

I could deduct, may be I am wrong, so correct me, for a grid, trades should be opened when market follows a channel.
When there is a break-out , or outside (S/R) , grid should not peformed

What do you think about this ?

rgds
  • #922
  • Feb 3, 2016 9:31am Feb 3, 2016 9:31am
Quoting jaguar1637
{quote} Hi Bauta, No answer from you by PM I am waiting for your explanation about symmetry. Today, I am wandering if symmetry is more adequate for trades created inside a channel. I could deduct, may be I am wrong, so correct me, for a grid, trades should be opened when market follows a channel. When there is a break-out , or outside (S/R) , grid should not peformed What do you think about this ? rgds
For your demand, use mChannel instead. symmetry does not open orders on breakouts and it is not developed for breakouts. mChannel opens an initial order and then if it do not target at the first grid level, it reverse by multiplier factor. Test and demo it.
bauta
  • #923
  • Feb 3, 2016 4:19pm Feb 3, 2016 4:19pm
Hi
Should I take the piece of code from one of the EG releases, the EG103.012 i.e to find the mChannel example ?
  • #924
  • Feb 3, 2016 10:39pm Feb 3, 2016 10:39pm
Quoting jaguar1637
Hi Should I take the piece of code from one of the EG releases, the EG103.012 i.e to find the mChannel example ?
mChannel set for release EG104
Attached File(s)
File Type: txt mChannel.set.txt   1 KB | 228 downloads
  • #925
  • Edited 2:48am Feb 4, 2016 2:09am | Edited 2:48am
so, how should I need to write a piece of code ? Can you provide explanations / specifications ?
  • #926
  • Edited 11:10am Feb 4, 2016 9:59am | Edited 11:10am
Hi to all GRID traders,

I have been following this thread, since I have traded with grid systems for years now.

For testing purposes I have started 4 hours ago trading account using this setup:

Start Balance : 100k USD
Start Lot : 0.10 Lot
Chart : EURUSD
EA attached: EG104 last released version 104.026
Settings: Symmetry Style, sMagicNumber: 301, sGrid_Increments: 1, sGrid_Factor: 8, sOrderMultiplier: 2.0

For now it looks like good start, after 4 hours it gained 1,095 USD profit in 1,172 Completed Trades

You can follow next development of this account at this Trade Explorer link:

http://www.forexfactory.com/grandeacm#acct.74

Good luck to all of us
Good trading luck to all of us
  • #927
  • Feb 4, 2016 11:50am Feb 4, 2016 11:50am
Quoting GrandeACM
Hi to all GRID traders, I have been following this thread, since I have traded with grid systems for years now. For testing purposes I have started 4 hours ago trading account using this setup: Start Balance : 100k USD Start Lot : 0.10 Lot Chart : EURUSD EA attached: EG104 last released version 104.026 Settings: Symmetry Style, sMagicNumber: 301, sGrid_Increments: 1, sGrid_Factor: 8, sOrderMultiplier: 2.0 For now it looks like good start, after 4 hours it gained 1,095 USD profit in 1,172 Completed Trades You can follow next development of this account...
Thanks for your post,
Please change sGrid_Increments to zero(0) or to a number bigger than 5. Note Grid Increments is the distance in pips from one grid line to the other (levels distance, level size in pips, not in points)
when you use Grid Increments and Grid Factor together, Grid Increments take precedence, it means grid factor is ignored here.
When you set Grid Increments to zero, then Grid Factor is used. Grid Factor is an optimized 20 days daily ATR fraction. 8 means daily ATR divided by 8. I do like 8 instead of grid increments.
Post your results,
thanks again,
bauta
  • #928
  • Feb 4, 2016 12:12pm Feb 4, 2016 12:12pm
Quoting GrandeACM
Hi to all GRID traders, I have been following this thread, since I have traded with grid systems for years now. For testing purposes I have started 4 hours ago trading account using this setup: Start Balance : 100k USD Start Lot : 0.10 Lot Chart : EURUSD EA attached: EG104 last released version 104.026 Settings: Symmetry Style, sMagicNumber: 301, sGrid_Increments: 1, sGrid_Factor: 8, sOrderMultiplier: 2.0 For now it looks like good start, after 4 hours it gained 1,095 USD profit in 1,172 Completed Trades You can follow next development of this account...
BTW, you give me a clue. I am demoing the same settings with the difference of 2 pips increments instead of one and profit target set to $1.00
EURUSD and GBPJPY.
Nice scalping scenario.
Note you can not back test due to tick data is needed here. Demo it only.
I am attaching the set file I am using.
I will keep you posted.
bauta
Attached File(s)
File Type: txt symmetry_scalper.set.txt   1 KB | 269 downloads
  • #929
  • Feb 4, 2016 1:16pm Feb 4, 2016 1:16pm
Quoting bauta
{quote} BTW, you give me a clue. I am demoing the same settings with the difference of 2 pips increments instead of one and profit target set to $1.00 EURUSD and GBPJPY. Nice scalping scenario. Note you can not back test due to tick data is needed here. Demo it only. I am attaching the set file I am using. I will keep you posted. bauta {file}
Let take the target parameter away, it is more suitable for different pairs.
I am adding more pairs. I will demo it on a 50k standard lot account, 9 pairs.
Attached File(s)
File Type: txt symmetry_scalper_revised.set.txt   1 KB | 247 downloads
  • #930
  • Feb 4, 2016 1:25pm Feb 4, 2016 1:25pm
Quoting bauta
{quote} Let take the target parameter away, it is more suitable for different pairs. I am adding more pairs. I will demo it on a 50k standard lot account, 9 pairs. {file}
Good idea, I didn't change TakeProfit Value and it's riding last EUR/USD mini-trend up and opening/closing trades very fast:

https://www.mql5.com/en/charts/45852...nvestments-inc

Last update:

Profit: +1,489 USD
Total Positions Closed: 1,708 Trades
Good trading luck to all of us
  • #931
  • Feb 4, 2016 1:33pm Feb 4, 2016 1:33pm
Quoting GrandeACM
{quote} Good idea, I didn't change TakeProfit Value and it's riding last EUR/USD mini-trend up and opening/closing trades very fast: https://www.mql5.com/en/charts/45852...nvestments-inc Last update: Profit: +1,489 USD Total Positions Closed: 1,708 Trades
Nice, let's keep demoing it
  • #932
  • Feb 4, 2016 1:46pm Feb 4, 2016 1:46pm
Deleting ScalperGrid explorer on may main page . Saving it for future reference:
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 32 KB

http://www.forexfactory.com/bauta/00

bauta
  • #933
  • Feb 4, 2016 1:48pm Feb 4, 2016 1:48pm
symmetry_scalper explorer created:
http://www.forexfactory.com/bauta/02
  • #934
  • Edited 1:58pm Feb 4, 2016 1:54pm | Edited 1:58pm
Hi

Well a question :
Why do you prefer daily ATR instead of some Volume oscillator or fractals bands ?

Rgds
PS : Just PM you.
Attached File(s)
File Type: mq4 Fractal_Bands_nmc.mq4   11 KB | 363 downloads
  • #935
  • Feb 4, 2016 2:11pm Feb 4, 2016 2:11pm
Quoting jaguar1637
Hi Well a question : Why do you prefer daily ATR instead of some Volume oscillator or fractals bands ? Rgds PS : Just PM you.
ATR is used to calculate grid size, it is base on price and its volatility.
  • #936
  • Feb 4, 2016 2:17pm Feb 4, 2016 2:17pm
Quoting jaguar1637
Hi Well a question : Why do you prefer daily ATR instead of some Volume oscillator or fractals bands ? Rgds PS : Just PM you. {file}
I will revise and test fractals. Thanks
  • #937
  • Feb 4, 2016 4:04pm Feb 4, 2016 4:04pm
EG104 Lines Explained:

  1. Top grid level. Order executes when this line is crossed. Note this line does not have price label.
  2. Breakeven point for all long trades together.
  3. Bottom grid level. order executes when this lines is crossed. this line does not have price label.
  4. Breakeven point for all short trades together.
  5. Starting point. Grid profit if price moves to this line. loses if price move away from it.

Attached Image
  • #938
  • Feb 5, 2016 5:24am Feb 5, 2016 5:24am
Master Bauta,
If I am not mistaken, currently scalpergrid signal is based on MA 50.
In next release, can you make the MA period as extern, so that we can change the period?
And maybe another variable so that we can choose the direction of the trend manually?
Just my 2 cents
Trading for living is not a dream.
  • #939
  • Feb 5, 2016 5:45am Feb 5, 2016 5:45am
MA50 really ?
I wrote a better indy to detect the true trend, I will share it tonight
  • #940
  • Feb 5, 2016 7:40am Feb 5, 2016 7:40am
Quoting richmeup
Master Bauta, If I am not mistaken, currently scalpergrid signal is based on MA 50. In next release, can you make the MA period as extern, so that we can change the period? And maybe another variable so that we can choose the direction of the trend manually? Just my 2 cents
Thanks for your post,
There are a miss understanding here,
EG104 is not a trend trader EA, it is a GRID trading EA. I do not use one hour SMA50 to find the trend, I do use it to position the price and to random the first position on mChannel, ScalperGrid and sExpandGrid styles. Sometimes it opens a position long above SAM50, sometimes it opens a position short above SMA50. It all depends of a set of criteria's during the initialization of the new position.
Note that symmetry and FloppyChannel opens positions on both directions at the same time, not need of algos there.
We should concentrate on grid size (Increments) and order quantity variables, there are the ones the EA works based on.
bauta
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