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Accumulative Profits Grid System

  • #1,321
  • Mar 31, 2016 1:05pm Mar 31, 2016 1:05pm
Quoting Voldemar227
A lot of uncertainties in the second part, I can't write the EA without accurate data. Here is what is at the moment. {file}
Thanks,
I Will Try To See.
  • #1,322
  • Mar 31, 2016 1:11pm Mar 31, 2016 1:11pm
Quoting Carneiro
{quote} I'm doing the tests every day,,, just like these Ea had a general Tp and a general Stop ... and all closing operations ... thank you so much
Hi,

So You mean You are closing all trades once daily profit achieved?

I checked DE M1 Nov/2015-Mar-2016 and seems nice:

all profit transactions 74,26% all lost transactions 25,74%

Now, will check how it is eur/usd and most detailed testing during the weekend.

mojepole
Attached Image(s) (click to enlarge)
Click to Enlarge Name: result.png Size: 67 KB
Click to Enlarge Name: set remon ema.png Size: 46 KB
  • #1,323
  • Mar 31, 2016 1:12pm Mar 31, 2016 1:12pm
Quoting PipBank
Don't confuse the following comments with negativity - I'm heavily into grid strategies and would love to see this work out. The fact of the matter is this: writing an EA that follows the strategy shown in the 'part 2' video is not that difficult - the issue is that the strategy (as described) simply won't work. If you study the 'part 2' video then you'll see that everything's great as long as price trends upward (or bounces within a very small channel), but everything unravels pretty quickly as soon as price begins to drop below the lowest profitable...
OK.
  • #1,324
  • Mar 31, 2016 1:14pm Mar 31, 2016 1:14pm
This is another example on time frame 5M
This is regarding today
Attached Image (click to enlarge)
Click to Enlarge Name: 3-31-2016 11-00-58 PM1.png Size: 47 KB
FXMENA
  • #1,325
  • Mar 31, 2016 1:15pm Mar 31, 2016 1:15pm
Quoting remon78eg
{quote} I Will Try To Use This Indicator To Predict And Set The Next Trade , Buy Or Sell Only. http://www.forexfactory.com/showthre...48#post8290448 {image}
Do you have just the MT4 indicator for this without needing to use the windows program?
  • #1,326
  • Mar 31, 2016 1:30pm Mar 31, 2016 1:30pm
Quoting kilion
{quote} Masterguru: you're testing at M5 instead of M1?
@kilion

I don't backtest for now, I do only forward test. But if I did backtests, I would use M1 setting.

I am showing my forward test on M5 chart for better viewing (M1 would be very crowded). For the EA it does not matter as it does not use any indicator.
  • #1,327
  • Mar 31, 2016 1:41pm Mar 31, 2016 1:41pm
Quoting shum
{quote} hi keydcuk, what you mean about tp 1? 1 pip value? or on EA you set 1.0 tp? steps 300, means 30 pips distance, and tp 1.0? or 10.0?thx
TP is the minimum TP setting. I have it at 1 which the setting's input relates to cash value in terms of your broker's currency or the one you set in a backtest
  • #1,328
  • Mar 31, 2016 1:47pm Mar 31, 2016 1:47pm
Quoting keydcuk
{quote} TP is the minimum TP setting. I have it at 1 which the setting's input relates to cash value in terms of your broker's currency or the one you set in a backtest
ok, then this is 10.0 tp, by deffault on EA
Steps 300, is not too big distance? this pair can make for all day 50 pips, so this mean you will not have more than a few open trades...?
  • #1,329
  • Mar 31, 2016 1:53pm Mar 31, 2016 1:53pm
Dear Mr. Remon,

As I am looking at this I cannot say enough how I think this is fantastic!

However, we all know what the major downfall is with this strategy: Long Trends

I am not entirely sure how everything gets calculated in this genius mathematical calculation, but I may be able to point out the flaw that could help take this to the next level.

What I am seeing is that once the EA is in motion, there is never a point where ALL POSITIONS CLOSE.

Should there be a time where all positions close, we could easily have options to not trade during certain hours such as London Open, NY Open, Major News Event Times, etc... Also as it has been mentioned by another follower of this thread that it could be an option to close after making a certain profit in a day.

If there is a point in the equation where the EA can close all positions and start over, I think it would have more versatility to test
WHEN this strategy can be more effective and not only time wise, but also market conditions.

I hope that my ideas can contribute to moving this forward for the best. It is my opinion that finding a time to close all positions at a profit will do this for you.

Thanks for your attention.

Best Regards,

Daniel
  • #1,330
  • Mar 31, 2016 1:58pm Mar 31, 2016 1:58pm
Quoting soeasy69
Voldemar is the great EA traders! Using this settings... In less than a day its made BANK!!! The most I seen in DD was $500 Now up $1,000 {image} {image}
Hi

what pair and what time frame ?

regards

mojepole
  • #1,331
  • Mar 31, 2016 2:07pm Mar 31, 2016 2:07pm
Quoting shum
{quote} ok, then this is 10.0 tp, by deffault on EA Steps 300, is not too big distance? this pair can make for all day 50 pips, so this mean you will not have more than a few open trades...?
The default steps in the EA is 400 which is 40 pips. It is not too far a distance.

The thing I have noticed the most of this is that in short periods we can all look at this and think it is amazing WHICH IT IS! But, the grid group as a whole can be large in certain instances at positions gather up into more DD.

I have tested grid EAs beofre and have been highly involved in a different one than this but have dropped it all as I have more confidence of how this one works.

While testing the grid distance between trades, although short tests show 20-30 pips good cumulative results, in longer tests there are periods of long trending moves that simply BLOW small accounts. As trend goes up, more sells are entered and BOOM!

Now I am not saying anything about the strategy, I believe that it will get fixed! I have confidence we will get this right!

At the moment with the remon78eg part1 EA, the only setting I am comfortable of working with in a small £500 account scenario is a 500 step grid or 50 pips.

The profits don't come as quick but it is not the important thing. The IMPORTANT thing is long term consistent success.

I don't care if I just get 20 pips a day. If I was getting 20 pips a day with a consistent no risk, no loss situation, I would be a millionaire before I retire thanks to a little thing called compound profits.

As always, I thank everybody for being here. I'm nearly at the point to take this to live trading with what I consider to be SAFE SETTINGS rather than to take high risks. I'm looking forward to see the complete package as even half the package has been a HUGE success in my eyes.

Cheers!

Daniel
  • #1,332
  • Mar 31, 2016 2:08pm Mar 31, 2016 2:08pm
Quoting MasterGuru
{quote} For the EA it does not matter as it does not use any indicator.
Got it, thanks!
  • #1,333
  • Mar 31, 2016 2:09pm Mar 31, 2016 2:09pm
Quoting keydcuk
Dear Mr. Remon, As I am looking at this I cannot say enough how I think this is fantastic! However, we all know what the major downfall is with this strategy: Long Trends I am not entirely sure how everything gets calculated in this genius mathematical calculation, but I may be able to point out the flaw that could help take this to the next level. What I am seeing is that once the EA is in motion, there is never a point where ALL POSITIONS CLOSE. Should there be a time where all positions close, we could easily have options to not trade during...
Hi
I think this is not possible, EA must close orders was opened 2-3 days ago< and you must have a big deposit, make testing and you will see
  • #1,334
  • Mar 31, 2016 2:11pm Mar 31, 2016 2:11pm
Quoting MasterGuru
{quote} @kilion I don't backtest for now, I do only forward test. But if I did backtests, I would use M1 setting. I am showing my forward test on M5 chart for better viewing (M1 would be very crowded). For the EA it does not matter as it does not use any indicator.

other tests have abandoned ?
  • #1,335
  • Mar 31, 2016 2:21pm Mar 31, 2016 2:21pm
Quoting enzoforex
{quote} other tests have abandoned ?
Yes, EURUSD would have crashed the 1-pip grid account... EUR/GBP seems to be less volatile and better suited with a 3-pip grid.
  • #1,336
  • Mar 31, 2016 2:23pm Mar 31, 2016 2:23pm
As some of us traders here apparently don't have a look on the news calender, I want to give all of you a heads up that tomorrow at 14:30 CEST news will come about Non-farm payrolls and Unemployment rates which nearly always have an impact on the EUR/USD.
If you want to test how the EA will handle those big impact news you can trade it, but i am pretty sure, that these news will blow small accounts or at the very least give you a high drawdown.
In 4 hours from now other news are expected aswell, where high volatility is to be expected. If you want to test the EA during those times go ahead. If not... Well avoid those news
  • #1,337
  • Mar 31, 2016 2:24pm Mar 31, 2016 2:24pm
Quoting MasterGuru
{quote} Yes, EURUSD would have crashed the 1-pip grid account... EUR/GBP seems to be less volatile and better suited with a 3-pip grid.

3-pip too tight ?
  • #1,338
  • Edited 3:43pm Mar 31, 2016 2:24pm | Edited 3:43pm
Updated..
Quoting Voldemar227
A lot of uncertainties in the second part, I can't write the EA without accurate data. Here is what is at the moment. {file}remon78eg part2.mq4
remon78eg part2.mq4
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 18 KB





The EA Has A Killed Bugs I Will Put The Proof Pictures ,
So You Can Fix It.
  • #1,339
  • Mar 31, 2016 2:26pm Mar 31, 2016 2:26pm
Quoting enzoforex
{quote} 3-pip too tight ?
It depends on the lot size...

Some previous experiments showed the best results - to be able to close the most "toxic" trades at a rapid rate - by using 3-5 pips grids... We shall see...
  • #1,340
  • Mar 31, 2016 2:27pm Mar 31, 2016 2:27pm
Quoting AcerPhoon
As some of us traders here apparently don't have a look on the news calender, I want to give all of you a heads up that tomorrow at 14:30 CEST news will come about Non-farm payrolls and Unemployment rates which nearly always have an impact on the EUR/USD. If you want to test how the EA will handle those big impact news you can trade it, but i am pretty sure, that these news will blow small accounts or at the very least give you a high drawdown. In 4 hours from now other news are expected aswell, where high volatility is to be expected. If you want...
Yes. it is Right.
And what about Saturday and Sunday, how EA will try not profit orders?
Thanks
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