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Accumulative Profits Grid System

  • #1,701
  • Apr 3, 2016 12:32pm Apr 3, 2016 12:32pm
Quoting abokwaik
This is the final version (for today). I admit, its a coding challenge {file}
Dear Abokwaik,

How are you ?

First of all thank you for your coded EA, I just read this thread and got your EA file. Right now I do not have any idea about your EA weather how it will work on forward testing mode. But I will try it out and definitely will inform you about the results.

In the mean while I know you may a best coder and I am sure you can code with your best

Note: I also have a common profitable strategy on low spread brokers.

If you allow me to explain my strategy to you. Will you be able code into EA ? I can explain that here or in new thread or into your inbox as you say......

I'll wait for your reply


Regards
  • #1,702
  • Apr 3, 2016 12:42pm Apr 3, 2016 12:42pm
Quoting sitetalker
{quote} Dear Abokwaik, How are you ? First of all thank you for your coded EA, I just read this thread and got your EA file. Right now I do not have any idea about your EA weather how it will work on forward testing mode. But I will try it out and definitely will inform you about the results. In the mean while I know you may a best coder and I am sure you can code with your best Note: I also have a common profitable...
A new thread.
No guts, no glory
  • #1,703
  • Apr 3, 2016 12:45pm Apr 3, 2016 12:45pm
Quoting JaggWaa
quote:Hey guys, there must be every millionaire with this ea or ea not to test. What I do wrong? Wao thats one hell of a test, is ur broker is 4 digit or 5 digit? if its 5 digit then u should set spread to 15 or 20, which is equal to 1.2 or 2 pip insteal of 2, Also can u post a snapshot of settings window? That wud be greatfull, Thanks
aha, that's the problem .. ok I'm not a millionaire: D .. my broker is 5 digit
  • #1,704
  • Apr 3, 2016 12:48pm Apr 3, 2016 12:48pm
Quoting blamshakk
hey keydcuk many thanks for the upload do you have any initial suggestions for pairs and timeframes that are working for you with this modified EA? blam {quote}
The version EA I am using is not really a modified one. It is simply the original remon78eg part1 EA with the exception that it has been changed to do fixed lots. Of course it is a modification but what I mean is that it does not deviate from the part 1 strategy. In the original part 1 EA, there was no way of trading 0.01 lots per open position other than to set a lot function to 0 and use risk percent. Otherwise, the EA was Martingaling the grid as it grew wider.

The issue I had with the original part 1 was that once it reached a certain profit, it upped my lots to 0.02 per open trade as it was working on risk percent. This was troublesome as I was testing the EURAUD because there is a large up trend period in Aug 2015 strategy testing that blew up my account no matter how wide I was setting my grid steps.


As far as timeframes, you need to understand that the strategy at hand here is simply a price action strategy that has no indicators. It doesn't matter whether you are on a 1 min chart or a monthly chart. There's no indicators so timeframes are irrelevant.

Pairs to me are very limited as we want to avoid these high trends and big swing moves.

https://www.oanda.com/forex-trading/...ncy-volatility

The link I shared is a good place to check weekly which pairs are more volatile than others. Be sure to be checking weekly if you are going to use the tool as daily and hourly will be near pointless. Also, the default setting will not show you all the pairs. You need to look at both Majors and Exotics as the website does not display the whole lot in one shot. Have a look for yourself.

My current favorites and under test are only EURGBP and EURAUD. Others to consider but I haven't gone through them yet are AUDCAD, AUDNZD.

It is good to have a variety in mind as when high impact events are to come about, you can close your trades and move on to another pair. As someone has already mentioned, if we were trading live now, we would need to take care of the GBP and EUR based pairs while Britain will soon be voting whether they wish to stay in the European Union or not. Be it the case, we could close out trades at good opportunity and trade AUDCAD instead.

Happy Pipping!

Daniel
  • #1,705
  • Apr 3, 2016 12:55pm Apr 3, 2016 12:55pm
Quoting abokwaik
{quote} A new thread.
Dear Abokwaik,

Thank you

Very soon I will start New Thread and will inform you as well.


Regards
  • #1,706
  • Apr 3, 2016 1:04pm Apr 3, 2016 1:04pm
Quoting abokwaik
{quote} A new thread.
Test result from abokwaik AP02

EUR/USD
Start date, Jan 1 2016
End date today.

Start looks promising but then it all goes terribly wrong.

Setting:
Attached Image


Graph:
Attached Image (click to enlarge)
Click to Enlarge Name: Graph1.jpg Size: 138 KB


Margin call.
Attached Image (click to enlarge)
Click to Enlarge Name: Margincall.jpg Size: 146 KB
  • #1,707
  • Apr 3, 2016 1:09pm Apr 3, 2016 1:09pm
Quoting attilafx
{quote} Test result from abokwaik AP02 EUR/USD Start date, Jan 1 2016 End date today. Start looks promising but then it all goes terribly wrong. Setting: {image} Graph: {image} Margin call. {image}
Your step size is WAYYYyy too small. The value you entered is 10 points. If you want to test 10 pips, you need to enter a step value of 100.

Other than that, your TP might be unrealistic maybe not, I have not tested enough of this EA to see its performance and comment.

Cheers!

Daniel
  • #1,708
  • Apr 3, 2016 1:10pm Apr 3, 2016 1:10pm
Quoting attilafx
{quote} Test result from abokwaik AP02 EUR/USD Start date, Jan 1 2016 End date today. Start looks promising but then it all goes terribly wrong. Setting: {image} Graph: {image} Margin call. {image}
Step size of 10 points (=1 pip) with 0.1 lot will certainly lead to a margin call.
No guts, no glory
  • #1,709
  • Apr 3, 2016 1:14pm Apr 3, 2016 1:14pm
Dear all,

At this stage I am interested in VISUAL TESTING in order to confirm whether the EA is working as per system rules or not. And if not then let me know where it went wrong. No need to post testing results. Just a chart with indication on where it didn't work according to remon'S video 2.

Thanks.
No guts, no glory
  • #1,710
  • Apr 3, 2016 1:16pm Apr 3, 2016 1:16pm
Changed the stepsize to 100 as you can see on the screnshot
Also changed the lot size.
Tested on 1K demo.

result.
Attached Image (click to enlarge)
Click to Enlarge Name: test2.jpg Size: 257 KB


So, what settings would one need for $1000 account?
  • #1,711
  • Apr 3, 2016 1:34pm Apr 3, 2016 1:34pm
Quoting abokwaik
Dear all, At this stage I am interested in VISUAL TESTING in order to confirm whether the EA is working as per system rules or not. And if not then let me know where it went wrong. No need to post testing results. Just a chart with indication on where it didn't work according to remon'S video 2. Thanks.
Hi Ab,

Other than the PM I sent you earlier, I noticed that overall, it is closing many positions at what I like to call "very near 0 profit". In some instances there can be 6 positions that cancel themselves at this "near 0 profit". I have my TP set at 5 just for experimenting. Although DD is very low, I think positions are closing to early.

I can't really pinpoint where and why it doesn't seem to mimic Mr Remon's strategy other than to say positions should close in profit and although this is happening, there are a few that close at loss, a fair large amount that close at "near 0" and only a select few that close in actual profit.

Sorry I can't provide much information. I will try at some point to analyze the PA in motion to see what is going wrong. It would be better to share the mq4 file so we can look at your code.

I will say something positive though, I think you are still the closest to achieve part 2 as no other EA open the buy and sell position on the way up as I think this is what the original strategy does. I would have to re-study the videos. I will be doing this soon.

Many Thanks & Best Regards,

Daniel
  • #1,712
  • Apr 3, 2016 1:40pm Apr 3, 2016 1:40pm
Quoting attilafx
Changed the stepsize to 100 as you can see on the screnshot Also changed the lot size. Tested on 1K demo. result.{image} So, what settings would one need for $1000 account?
Your lots size to trade is too large for the size of your account. It is possible your step size is still too small. Your TP should be a lot less as well.


Try testing the account with 0.01 lot, a step size of 500 and a TP of anywhere between 1-10.

These are just test setting. Play with them, find results. If the account hits margin call, widen the step size, change the TP. Have fun with it.

Politely asking though, please do not post every time the backtest goes to margin call. It happens. Find the settings that will work for you and share your positive results.

Those who are backtesting have had margin calls on their strategy testing.
It is bound to happen. It is better if you can share your findings when something positive happens.

Daniel
  • #1,713
  • Apr 3, 2016 1:46pm Apr 3, 2016 1:46pm
Quoting abokwaik
Dear all, At this stage I am interested in VISUAL TESTING in order to confirm whether the EA is working as per system rules or not. And if not then let me know where it went wrong. No need to post testing results. Just a chart with indication on where it didn't work according to remon'S video 2. Thanks.
From what I could find on EURUSD it goes wrong on the 16th.
See highlighted area

Attached Image (click to enlarge)
Click to Enlarge Name: wrong.jpg Size: 229 KB
  • #1,714
  • Apr 3, 2016 1:56pm Apr 3, 2016 1:56pm
Quoting attilafx
{quote} From what I could find on EURUSD it goes wrong on the 16th. See highlighted area {image}
This is not what Ab meant.

It is not the EA that has caused the problem that you are looking at. It is your settings.

Daniel





"In the back of my head I'm thinking.... (what would Hopwood do...) And then I resist all temptations to do it!"
  • #1,715
  • Apr 3, 2016 1:58pm Apr 3, 2016 1:58pm
Quoting JaggWaa
{quote} I hve tested all versions and surprisingly the first one u have posted seems more stable, the final version blows accounts starting from 1000 or 2000$ while with the same settings and same starting balance the very first version does not blow. For some reason its more suitable for small accounts. And iam amazed by the results.
What were the settings you used?
  • #1,716
  • Apr 3, 2016 2:02pm Apr 3, 2016 2:02pm
RIGHT! Back to real business.


Ab,

I think I can point you in the right direction of where things are going wrong. It may help, it may not.

What I have noticed that there are two types of closes that happen with your EA. There is the normal closed positions and then there are the "closed by" closed positions.

It seems that it is only the "closed by" positions that are closing basket trades at a net value of "near 0" or negative pips.

Only you know how these "closed by" positions occur in your EA so I must leave this with you to ponder.

The normal closed positions do close profitable,

Cheers!

Daniel
  • #1,717
  • Apr 3, 2016 2:59pm Apr 3, 2016 2:59pm
Hi All,

Thanks Remon for your great idea thank you so much i'm very interested in this idea.
I have one issue and i need to know does this issue represent the main weakness of this idea or you have resolved it .
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-04-04 00_41_32-Photos.png Size: 452 KB

The issue as you can see the attached image if the price at this case moves up very fast for a news or something for about 200 pip and as you can see i have 11 sell trade and only 2 buy trades so the summation equals 9 sells and if price went up for about 200 pip or more i think i will fall in decreasing my Equity very much and here i'm not in positive Equity but actually in negative Equity that could margin call to be occurred .

Regards
Ahmed
  • #1,718
  • Apr 3, 2016 3:21pm Apr 3, 2016 3:21pm
Quoting eramax
Hi All, Thanks Remon for your great idea thank you so much i'm very interested in this idea. I have one issue and i need to know does this issue represent the main weakness of this idea or you have resolved it . {image} The issue as you can see the attached image if the price at this case moves up very fast for a news or something for about 200 pip and as you can see i have 11 sell trade and only 2 buy trades so the summation equals 9 sells and if price went up for about 200 pip or more i think i will fall in decreasing my Equity very much and here...
@eramax

Well, that is a risk of the strategy, i.e. it can go into major DD as any grid strategy.

Otherwise it would be the "Holy Grail", in which case Remon would be probably partying on his luxury yacht in St. Tropez, or driving his Bentley around Monaco - instead of moderating this thread...
  • #1,719
  • Apr 3, 2016 3:32pm Apr 3, 2016 3:32pm
I suggest to add another buy when we call buy trade to make all levels (buy and sell ) are balanced.
  • #1,720
  • Edited 3:56pm Apr 3, 2016 3:44pm | Edited 3:56pm
Quoting MasterGuru
{quote} @eramax Well, that is a risk of the strategy, i.e. it can go into major DD as any grid strategy. Otherwise it would be the "Holy Grail", in which case Remon would be probably partying on his luxury yacht in St. Tropez, or driving his Bentley around Monaco - instead of moderating this thread...
The other problem is maximum trades in metatrader can be opened are 100, i dont know weather its my broker(Axi trader) or all brokers have this rule. In eurusd tests from 2010, i get stuck with 100 trades stuck, while prices hanging 2000 pips below that 100 stuck trades. No way to get out of them.
And please can u guyz confirm maximum 100 trades rule at any given time with your brokers.
Thanks
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