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Free EA - Piggy n The Middle

  • #81
  • Apr 14, 2016 2:43pm Apr 14, 2016 2:43pm
Quoting MATjojo
Hi to all. I'm new on this site and would like also to test this EA, but I have a problem...I don't know why the EA don't wont to start. I put it on the chart and the face is smiling and STATUS is "working", but nothing happen, no open trades for long time. So any idea where is the problem?
First, you are working on which pair?

See Table 37 post check if your partner is with JPY or another pair

See the post 22 model for JPY pairs
see post 37 model for the rest of the pairs, but note that the profit lock Limit EURGBP is lower because it has low ADR

NOTE: friends have to understand that the EA will only activate in round numbers. In models left, as the grid is 05 to 05 pips,,, will be then that EA will be activated. If round number is far will take to enable EA to why the market at that time is stopped.
  • #82
  • Apr 14, 2016 8:31pm Apr 14, 2016 8:31pm
Quoting Carneiro
If that fails to put a GENERAL closing with the cash difference with the floating,,, PUTTING A DEVICE THAT CLOSE ALL HAND (FOR ME ALREADY BE VERY GOOD) If people understood this system,,, I would not ask to put anything,,, My concern is that I see in other segments, the costruction of the EA for life .... Piggy v1, v2, v3.v200A, V200 B ... and do not stop ... more filters have a lot ... I know you're a good person, but I'm afraid tracking finish without even tested terms.
At the moment, I will make sure that my next version has a stop mechanism involved. I will try to have this sorted out for next week.

I have developed my own EA and only found it worthy enough to post when I got to v4. I hope there will not be versions in triple digits LOL!

I've got big plans for the next level of this EA and although it will not be using the HGI indicator, let me tell you for your own personal sneak peak and insight on this, the methods behind the HGI indicator are not so secret as they seem. I am hoping to use the same methodology that generates HGI signals into this gridding EA. Tighten the grid in range, widen the grid in trends, drop the buy/sell position opens and only buy or only sell.

I think this is all possible but don't expect it to be anytime soon. I am organizing something in the background and it could be a while and maybe a few months rather than weeks, I genuinely don't know! But I think it will be big. Most EAs only work well in ranging or in trend. I hope we reach a level where it can do both. I sincerely believe this is possible. We have more than enough brain power together to do it!

It's all about the sharing and we will win!

...motivational speech over...

Daniel
  • #83
  • Apr 14, 2016 8:32pm Apr 14, 2016 8:32pm
Quoting Jb38
Here is my test on Dax30. Can you explain the line in blue ? It is not the classic comment (short trade/long trade). Is this normal ? https://charts.mql5.com/10/877/ger30...al-markets.png
Sorry, I can't explain this comment. I have not personally programmed it to leave any comments. Very peculiar!
  • #84
  • Apr 14, 2016 8:40pm Apr 14, 2016 8:40pm
Quoting togerhard
Hi Daniel, I try to do some backtest, M5, in EUR/USD, start 5000, Dec 2014, but did not survive long ... I am using your default valfues except round numbers distance 0.005 Here some infos from the test, maybe you can advise what to do Getestete Kerzen 99585 Modellierte Ticks 33200439 Modellierungsqualitt 90.00% Fehler in Chartanpassung 12 Ursprngliche Einzahlung 5000.00 Spread Aktuell (2) Nettoprofit gesamt -4830.42 Bruttoprofit 482.07 Bruttoverlust -5312.49 Profitfaktor 0.09 Erwartetes Ergebnis -20.30 Absoluter Rckgang 4830.42 Maximaler Rckgang...
I'll be honest with you, I don't think that any pair will survive any scenario that is less that 100 pip grid as the EA stands other than maybe the exception of the EURGBP. I have not explored this pair at all and have lost interest even in Remon's thread.

In further development and as previous posts, there might be a scenario in ranging periods that will handle smaller pip grids. I still encourage people to test what they feel like testing as what I haven't tried, maybe someone else will find out something I never would have expected.

My opinion other than this is that if you want to trade a tight grid, maybe there will be success in the Asia Session? The EA is well capable of performing a clean sweep of trades leaving none open. Once we implement a stop trading function and a trade hours option, tighter grids might be successful. It will all be soon to come.

Thanks for your collaboration

Daniel
  • #85
  • Apr 14, 2016 8:45pm Apr 14, 2016 8:45pm
Quoting keydcuk
{quote} At the moment, I will make sure that my next version has a stop mechanism involved. I will try to have this sorted out for next week. I have developed my own EA and only found it worthy enough to post when I got to v4. I hope there will not be versions in triple digits LOL! I've got big plans for the next level of this EA and although it will not be using the HGI indicator, let me tell you for your own personal sneak peak and insight on this, the methods behind the HGI indicator are not so secret as they seem. I am hoping to use the same...
Hmmm, that sound very interesting, if you can share the method to get the same as HGI will be more welcome sir

Jose
  • #86
  • Apr 14, 2016 8:54pm Apr 14, 2016 8:54pm
Quoting rumbaut
{quote} Hmmm, that sound very interesting, if you can share the method to get the same as HGI will be more welcome sir Jose
A lot of it can be found by just reading up on the HGI. If you actually read HGI thread from beginning to end, Nanningbob talks a lot about certain things. This is not my only source. I can't really share the other at the moment because I feel it is a bit unethical but yeah, read all about HGI direct from the source at SHF, 240MA, 60MA, Standard Deviation, Slope, etc... I'm not saying I got the precise code for it but anything is achievable when you know where to look and you are willing to put the work needed behind it!
  • #87
  • Apr 14, 2016 9:28pm Apr 14, 2016 9:28pm
Friends as I said before I like the simple things ... I do not think we need indicator,,, just look candles,,, I had given a tip a while back there on the topic remon, about just an observation,, let's see:

The 1st candle D1 that changes direction, we enter the 2nd candle ... see the chart and you will see that hardly fly away When D1 changes direction, we have the following sailing in the same direction. Look at the picture, and its other peers graphics.

Just an observation
Attached Image
  • #88
  • Apr 15, 2016 3:57am Apr 15, 2016 3:57am
Thank you daniel, i will investigate more.

@Carneiro: I already saw your idea in the remon's thread. I was really interested about this way to learn the market... have you tested your idea ?
You mean BUY only when the previous candle turns GREEN and SELL only when previous candle turns RED...?
If i'm right, we can backtested your idea... I suggest to add a Stop emergency if the market goes in the wrong direction, maybe 7-8% of the equity balance ?
Maybe having a Profit% of equity is a good idea too...3-4%...depending on the number of time we statistically reach our stop emergency...
And my final recommendation for this method is to trade only D1 candle as you suggest IF the candle is in the right direction, regarding the W1 previous candle !

What do you think about this Daniel ? I know it's not exactly the way your ea is made for but in MT4 we can select 'only buy/only sell' manually.


I recommend you this link: https://www.mql5.com/en/articles/1374
  • #89
  • Apr 15, 2016 4:16am Apr 15, 2016 4:16am
I think it's a nice strategy and for my grid experience Ea must be stopped after first opposite position has taken a profit and after this we start a new cycle.
For example if i've closed one or more buy cycle after the first sell cycle with profit i close all.
For now i'm using a CloseAll script to avoid unpleasant situations and to stop EA when i change the settings.

My settings:
EURUSD Day 0.0005 - 100 - 100 as suggested from 8AM to 22PM max GMT+1
EURUSD Night 0.0004 - 50 - 50 from 23PM to 8AM max GMT+1
  • #90
  • Apr 15, 2016 4:53am Apr 15, 2016 4:53am
0ver 1000pips so far. This is impressive. I think with equity profit management, this will make profit.

Thanks for your amazing EA and @Carneiro for the settings.
Attached Image (click to enlarge)
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  • #91
  • Edited 5:23am Apr 15, 2016 5:11am | Edited 5:23am
Quoting Carneiro
Friends as I said before I like the simple things ... I do not think we need indicator,,, just look candles,,, I had given a tip a while back there on the topic remon, about just an observation,, let's see: The 1st candle D1 that changes direction, we enter the 2nd candle ... see the chart and you will see that hardly fly away When D1 changes direction, we have the following sailing in the same direction. Look at the picture, and its other peers graphics. Just an observation {image}
Yes, it seems to be a valid observation for the past 3 weeks.

Is it the same valid for the - statistically more significant - past 3 years...?

Just curious.
  • #92
  • Apr 15, 2016 6:35am Apr 15, 2016 6:35am
Quoting Carneiro
Friends as I said before I like the simple things ... I do not think we need indicator,,, just look candles,,, I had given a tip a while back there on the topic remon, about just an observation,, let's see: The 1st candle D1 that changes direction, we enter the 2nd candle ... see the chart and you will see that hardly fly away When D1 changes direction, we have the following sailing in the same direction. Look at the picture, and its other peers graphics. Just an observation {image}
I have added this to me "modification toolbox notes". I want you to know I embrace all of your ideas as I do not dismiss that even if I may disagree with some (not talking at all about this one), that I could fall susceptible of overlooking something that could well be genius. Humbleness is the key to make this go forward I am humble myself to any idea until proven a failure.
  • #93
  • Apr 15, 2016 6:51am Apr 15, 2016 6:51am
Hi keyduck,

Have been reading this thread and attempted to load it, not loading. To be sure I am on track, where is it loaded to? If anyone else answers, thanks
  • #94
  • Edited Apr 16, 2016 5:55am Apr 15, 2016 6:55am | Edited Apr 16, 2016 5:55am
RIGHT THEN BOYS AND GIRLS!

In the interim of looking at ideas and developing alternatives to my original Piggy n The Middle, I have made a quick modification of my own for all you FORWARD TESTING experimenters. I think this will help further development and especially for those who wish to talk about indicators and what happens in the scenario of certain indicators popping up on your chart.

PLEASE REMEMBER that if you are talking about injecting indicators into the equation that they will likely be TimeFrame sensitive if you are trying to think of ideas of determining trends, pullbacks, ranges and trend reversals.

The modification is simple. I have set flags for true/false BUY/SELL MODE and BUY UP / SELL DOWN MODE.

So that you can understand the possibilities, I will point them out.

1. BUY/SELL MODE - True BUY UP / SELL DOWN MODE - False
This will trade exactly as the original method. Point final.

2. BUY/SELL MODE - False BUY UP / SELL DOWN MODE - True
This will trade by placing buys only in the up step position and sells only in the down step positions.

3. BUY/SELL MODE - True BUY UP / SELL DOWN MODE - True
Experimenting with weighted positions? This will not only open buy/sells at every grid step up and down but should open an extra buy in the up step of grid levels as well as open an extra sell position in the down step of grid levels. A word of warning, the EA already adds extra positions when touching every grid level on retracement so it could add heavy DD or it might give us better profits and opposing hedges closed quicker. WHO KNOWS? Let's have fun with this!

Happy Pipping!

Daniel
Attached File(s)
File Type: ex4 Piggy n The Middle v4a.ex4   268 KB | 880 downloads
  • #95
  • Apr 15, 2016 7:03am Apr 15, 2016 7:03am
KEYDCUK, the big challenge now will be the management of operations. As I said before, things have to be simple.
When I put an idea, an observation is always thinking of the programmer also the possibility of power or not. See this idea.
For the management of inputs could put to close all operations when he arrived at the limit "X" closed bars, just a possibility.
WOULD YOU LIKE TO LEAVE SOME COMMENTS.
We want a consistent profit and see some results.
Yesterday put in a U $ 4,781.00 account to test the downdraw together on the same account and GBPJPY EURAUD (not advice to do this in real account), put to test downdraw they are 02 pairs of very high ADR. So far accumulated 12.46% with a current float of 5.75% with the manager at EA was just close everything.
Another very good point for those who want to start with a real account of 1k. placed to run the EURGBP pair, this pair has a low ADR and often fluctuate much during the day ,, this is very good for this system ... it won $ 53 and a floating $ 10 ... that would be 4% profit liquid in an account 1k, not bad. IS THE COUPLE recommend for all to use (EURGBP settings post 41).
A big hug to everyone
  • #96
  • Apr 15, 2016 7:11am Apr 15, 2016 7:11am
Quoting Carneiro
KEYDCUK, the big challenge now will be the management of operations. As I said before, things have to be simple. When I put an idea, an observation is always thinking of the programmer also the possibility of power or not. See this idea. For the management of inputs could put to close all operations when he arrived at the limit "X" closed bars, just a possibility. WOULD YOU LIKE TO LEAVE SOME COMMENTS. We want a consistent profit and see some results. Yesterday put in a U $ 4,781.00 account to test the downdraw together on the same account and GBPJPY...

I am running in real account EURGBP 20 pips grid not much draw down as its range is less.
  • #97
  • Apr 15, 2016 7:26am Apr 15, 2016 7:26am
Hello Daniel and team,

I very rarely post these days but do enjoy reading grid threads.

I have a time/ price action based EA that I cannot share as it was built for a group of users about 5 years ago. However I feel I can discuss some of the methods used to defeat much of the draw down as they were much of my design in the first place. I am not the programmer (and cannot programme) but I have spent years - literally - thinking about grid systems, like many others.

A few points to consider:
1/ Don't get drawn into using indicators - few will help in the long run as they simply add latency to the grid efficiency

2/ Big grid steps create the best grid structures (you're already onto this)

3/ To work out the best pairs for grid trading I use a little calculation I call the Macro Grid Co-efficient (MGC). I simply take the max high point and the subtract the max low for a pair (assess over ~20 years minimum) this gives me x thousands of pips range, I then divide this figure by the the long term daily ATR.
So, for example, for the NZ/USD it would be about 5000pips macro range/ 90 pip Daily ATR = 56. The lower this figure the better the pair is for grid trading (or at least the way we used to grid trade).
In other words the smaller the macro range relative to the daily volatility gives you the best grid trading pairs. So best pairs will have a reasonably low macro range and a good amount of daily volatility to get through the grid steps.

Ok, so how to defeat the drawdown (DD) in a grid. The big gorilla in the room

Firstly, Remons idea with eliminating the oldest toxic trade is smart and does help the DD however the removal of these toxic trades is swamped by the share number of trades being opened in the wrong direction as a trend develops.

So you must consider not only how to eliminate these but also how to neutralise them over time and price action until they can be eliminated without loss.

For example, instead of opening a buy and sell at each 00 figure why don't you try opening two sells when the price action that moves down to the next 00 (ie a sell trend as your system defines it). When the next step is reached one of the sell trades closes for profit and the other remains open but goes to BE.

Now as the price reverses back up at some point it passes through the grid step above and creates a buy trade and causes the sell there to close since it is at BE. This also triggers the sell located two steps above this to close along with the "dangling" two sells on the bottom step below (ie the lowest point of the grid). These two will therefore neutralise each other out - thus eliminating the bottom sell trades and so removing the toxic trades from the grid. If it pushes on the the next step up then the single buy (which is now at the bottom of the grid) will go to BE and as price moves to the next step up again it will open two buys from this point at each step as it moves up... and follow the process as mentioned above. I hope this makes sense - map it out and you will get it. Make sure the steps are reasonable size between them!!

In this manner you can eliminate the unwanted "dangling" or "toxic" trade, whilst making profit at each step. But you are not opening infinite number of positions if it ranges back and forth over several grid steps (and thereby triggering a new set of trades as your current EA does). It only ever has maximum two buys or two sells at any one time at a grid step.

There are many logic permutations as to what you can do at each step and the trade setup ratio at each grid step that can make a grid EA work beautifully through a big trend and a range market

The power of this approach to a grid means that as the grid trends you have a whole bunch of sell trades at BE for a down trend and these are all in profit (i like to look at them in terms of adding up their total number of profitable grid steps that I can use to remove toxic trades) as the price action pushes lower (and you have more and more extra "grid step profits" to play with) and so you can do many things to eliminate the problem trade at the bottom when the price action moves back up. Even if it is a false reversal you have enough profitable grids steps to clean up the false buy etc.

Sorry if this is a bit of a ramble But I hope this adds to the thinking and development of your EA.

Tim
  • #98
  • Apr 15, 2016 7:31am Apr 15, 2016 7:31am
Im using Carneiro setting
Attached Image (click to enlarge)
Click to Enlarge Name: GJ.JPG Size: 19 KB
1 simple mistake makes you become 1000x better.
  • #99
  • Apr 15, 2016 7:47am Apr 15, 2016 7:47am
I FORGOT TO ATTACH MY EA! It is now in the previous post.

Please not it IS only fore experimental purposes. In previous versions of my EA, I have tried whether BUY UP ONLY / SELL DOWN ONLY was better than BUY/SELL to each grid step and I concluded that relative to profit and DD that BUY/SELL was the way to go for every step.

I have only introduce the experimental version for those who wish to play with changing the mode along with indicator trading.

I will be honest with you, I am not a big indicator fan at all. I come from a background of mostly trading with Elliott Waves and Fibonacci levels and also a bit of harmonic patterns. It is only my opinion that indicators will not work. However 2 points to make about this.

1. I humble myself that there are traders out there that do successfully trade with indicators and should there be any of you out there, I would hate to have missed the opportunity of presenting an open EA to them to make it trade more successful than it already can.

2. Although I am not sold on the idea of HGBnG EA (SHF members will know what I am talking about), I am quite sold on the possibility of HGI really does a good job at identifying trends and range periods and am willing to take my time in exploring something that will behave similar to HGI and trade grids accordingly.

I don't want to get TOO serious about this and over think several different scenarios but I am here to have a bit of fun.

I will repeat what I have said to a FF member just a short while ago in a PM.

"There will always be at least 2 EAs. There will be the version in which I feel is the best way to move forward, and there will be the version that anybody can play with."

I got a lot of time on my hands at the moment and am a very easy going flexible guy. If I can program something up quickly so that someone gives it a try, I will even if I personally think 100% it won't work. Why? I could be proven wrong. AND If it makes them happy, so be it!

Only serious contender performing EAs will be kept in post 1 and I don't intend to post many as I hope that we will be more focused on improving the ones that are already in the forefront.

You will probably see me do this from time to time repeating myself but "Thank you for participating in this thread! "

Daniel
  • #100
  • Apr 15, 2016 7:54am Apr 15, 2016 7:54am
Quoting timmy
Hello Daniel and team, I very rarely post these days but do enjoy reading grid threads. I have a time/ price action based EA that I cannot share as it was built for a group of users about 5 years ago. However I feel I can discuss some of the methods used to defeat much of the draw down as they were much of my design in the first place. I am not the programmer (and cannot programme) but I have spent years - literally - thinking about grid systems, like many others. A few points to consider: 1/ Don't get drawn into using indicators - few will help...
Tim,

I thank you for your post. Your EA seems interesting as I am attracted to your statement of "based on time & price" as I have studied Gann Theory for quite a length of time in my moments of being a successful manual trader.

I have noted this post to my "development toolbox" as I am noting all ideas that I want to reflect on at a later date.

Rambling is ok, I am very guilty of that also. After the ramble I always worry whether I have made my point(s) clear or whether it was a senseless ramble!

Wishing you all the success and thanks again for your contribution. I hope to hear more from you in the future!

Daniel
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