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Expanding Grid

  • #1,181
  • Apr 14, 2016 7:16am Apr 14, 2016 7:16am
Quoting smahil
Hello i have EG running on a live account and i some times i get the message on the chart saying "Please wait". Can anybody tell me what that means or why i get it it sometimes.{image}
send me the expert log files to [email protected]. I will revise it.
PLEASE WAIT shows when the EA initializes.
FLAT shows when the market is closed or you don't have connection to the broker, also if your account is not allowed to trade live.
DISABLE displays when the EA is been stopped by Closure Mode or it is been initialized with CONTINUE=false; and no position opened.

send me the logs, I will revise,
thanks, bauta
  • #1,182
  • Edited 9:13pm Apr 14, 2016 1:33pm | Edited 9:13pm
Quoting bauta
{quote} thanks for your post, please note I do not recommend stop trading EG104 by this tool. It will brake its logic. if you want to make this tool work with EG104 use the global variable "closure" to let EG104 know you are closing or disabling trading. I am creating more global variables to allow other EAs integrate with EG104. If you need one, let me know. if you set closure=1, the EG104 EA will stop opening new cycles. Note that EG104 will continue managing/averaging the losing positions. Closure Mode does not stops the EA, it stops opening...
it does use the global variable bauta, let me explain it further.

After opening a new chart and dropping DontTradeOnNews on it you will get several options to play with.
The Event Symbol to watch for: At the moment you can set it for either the symbol of the chart you place the EA on, or all currencies
The Event Impact: Options here are None, Low, Medium and High. Setting this to High will avoid all High impact news. Setting this to Low will avoid Low, Medium and High Impact news.
The is also a Pre and Post Time that is set in hours. This is the hours before the event to set the global variable "closure" to 1, and the hours after an event to set the variable back to 0.

You will also have to add http://www.forexfactory.com/ffcal_week_this.xml to your URL allow list in MT4 options. The EA is currently set to download this every day.

I will clean up the code a bit and send you the mq4 file, might be worth looking into for your companion EA you mentioned you were working on (Day Targets was it?)


EDIT: I have made some changes. You will get an alert if the URL has not been added to the URL Allow list in MT4->Tools->Options->Expert Advisors->Allow Web Requests for listed URLs

EDIT 2: Due to a couple of issues with the EA, I have removed it until they are resolved. Stay Tuned

EDIT 3: EA is back up. Originally I had the EA setup to work my Local Time here in Australia (GMT+10) and I had hard coded that into the EA. It is now setup to work with GMT time which should work for everyone.
Attached File(s)
File Type: ex4 DontTradeOnNews.ex4   25 KB | 250 downloads
  • #1,183
  • Apr 14, 2016 10:24pm Apr 14, 2016 10:24pm
Hi Bauta,

Thanks for your efforts on EG104, it makes my trading easy!
I need your advice on money management as EG104 default setting is based on Martingale. Here I attach a chart of calculation. When price goes trending without enough pullback, the account will be risky. To make it simple I neglect the 0.01 lot following the trend.

If my account is $3000, the price went flat in the former day (grid size=16) ,then it breakout and goes to the South fastly. When EG104 goes to the 7th level that opens 1.28 lot position, my account will turn to almost 0. Is the calculation right? How to survive in fast trending market? Anything else besides avoiding big news release?

Regards
Attached Image
  • #1,184
  • Apr 14, 2016 10:47pm Apr 14, 2016 10:47pm
Quoting kasha
Hi Bauta, Thanks for your efforts on EG104, it makes my trading easy! I need your advice on money management as EG104 default setting is based on Martingale. Here I attach a chart of calculation. When price goes trending without enough pullback, the account will be risky. To make it simple I neglect the 0.01 lot following the trend. If my account is $3000, the price went flat in the former day (grid size=16) ,then it breakout and goes to the South fastly. When EG104 goes to the 7th level that opens 1.28 lot position, my account will turn to almost...
...
start with cent account then you will understand how the EA opens positions.
you may decrease multiplier to 1.6
bauta
  • #1,185
  • Apr 14, 2016 11:58pm Apr 14, 2016 11:58pm
Ok, I'll try 1.6 in demo. Thanks！
  • #1,186
  • Apr 15, 2016 12:38am Apr 15, 2016 12:38am
Scalper Grid (UPD)
Attached Image (click to enlarge)
Click to Enlarge Name: ScalperGrid.PNG Size: 44 KB
  • #1,187
  • Apr 15, 2016 5:52am Apr 15, 2016 5:52am
hello sir it is not working as similar to EG103 similar mode
sorry for repeating my statement but EG104 and Eg103 both have different logic of symmetry even on clouse mode it is not stoping for putting trade
Attached File(s)
File Type: docx asdf.docx   423 KB | 324 downloads
  • #1,188
  • Edited 9:21am Apr 15, 2016 7:13am | Edited 9:21am
Quoting Vimalshah
hello sir it is not working as similar to EG103 similar mode sorry for repeating my statement but EG104 and Eg103 both have different logic of symmetry even on clouse mode it is not stoping for putting trade {file}

Just answer this question and you will understand it at all

What is the reason to create new versions? is it to be the same?

EG103 and EG104 are almost the same, the big difference from EG103 to EG104 is that in EG104 I did split out the grid styles allowing many grid styles working together and I did add new parameters to it. management and logic is the same.

Spend some time and read this forum, it is only 60 pages. It will help to understand how it works better.

Note I am not supporting EG103 anymore. I do recommend all of you to move to EG104.

I will be moving forward and I will stop responding question from EG103. It will confuse other traders and it will waste my time.

Check my setups, all of them are on default mode. We must muster the grid style that is working best first. (symmetry)
for live sample click here: https://www.mql5.com/en/signals/179900
  • #1,189
  • Apr 15, 2016 8:28am Apr 15, 2016 8:28am
All FLAT now.

we completed a good week. All working as expected. Green.
Note I am using EG104 v 028c default settings.

Alert: I did found problems with FxPro today. They servers when down and the order server took too long to comes back. something we need to evaluate on a broker selection. If this happens again, I will discontinue using it.

have you all a nice weekend!

do your homework and get ready for next week.

thanks for your support,
bauta
  • #1,190
  • Apr 16, 2016 2:04pm Apr 16, 2016 2:04pm
Hi

regarding a good broker, ActivTrades seemed to be one of the best for England

Well, I got a question regarding the BreakEven
- Is it in Point or in Pips ?
- Is there a simple formula to adapt in correlation w/ takeProfit ?

rgds
  • #1,191
  • Apr 16, 2016 3:02pm Apr 16, 2016 3:02pm
With some help from Bauta (Acutally to be honest, a lot of help from Bauta) we have mad some revisions to DontTradeOnNews

* Removed is the ability to set whether the EA will avoid News on just the Symbol it has been dropped on, or All symbols. DTON now will avoid news for all symbols.
* The Pre and Post News Times are now in Minutes.
* We are adding a list of Keywords to filter Very high impact news from the High Impact news. Bauta has always stated that we don't want to avoid all news entirely, just the news that we know will move the market dramatically. For example, Interest Rate announcements have Historically always moved the Market violently, so We have a keyword in our list to Find events with the Word "Interest" in them. With your help, we can add to this list to make it better.

You will need to download EG104 again from Post #1, Bauta has added some things to make DTON a bit more robust.
And you will need to be sure http://www.forexfactory.com/ffcal_week_this.xml is in your URL allow list in MT4 options->Expert Advisors tab

Hope this helps everyone, Happy Trades

srbaude
Attached File(s)
File Type: ex4 DontTradeOnNews.ex4   19 KB | 249 downloads
  • #1,192
  • Apr 16, 2016 5:59pm Apr 16, 2016 5:59pm
Hello everyone. I'm in this project recently and I start to give my results every week. I would like to know the people who are using accounts cent in live and if they are happy with the broker. Thanks for all bauta !!!! crack men
  • #1,193
  • Apr 16, 2016 11:09pm Apr 16, 2016 11:09pm
Quoting fibo38
Hello everyone. I'm in this project recently and I start to give my results every week. I would like to know the people who are using accounts cent in live and if they are happy with the broker. Thanks for all bauta !!!! crack men
I am using cent account with Alpari broker!
  • #1,194
  • Apr 17, 2016 8:10am Apr 17, 2016 8:10am
Quoting jaguar1637
Hi regarding a good broker, ActivTrades seemed to be one of the best for England Well, I got a question regarding the BreakEven - Is it in Point or in Pips ? - Is there a simple formula to adapt in correlation w/ takeProfit ? rgds
I don't understand your question, breakeven is where the cycle or position get even, it is a price on a chart, it is a graphical point on a chart.
Breakeven calculation is in deposit currency.
please explain,
bauta
  • #1,195
  • Apr 17, 2016 8:12am Apr 17, 2016 8:12am
Quoting srbaude
With some help from Bauta (Acutally to be honest, a lot of help from Bauta) we have mad some revisions to DontTradeOnNews * Removed is the ability to set whether the EA will avoid News on just the Symbol it has been dropped on, or All symbols. DTON now will avoid news for all symbols. * The Pre and Post News Times are now in Minutes. * We are adding a list of Keywords to filter Very high impact news from the High Impact news. Bauta has always stated that we don't want to avoid all news entirely, just the news that we know will move the market dramatically....
Thanks for your post,
Note that news are been filtered to read only the majors "AUD","CAD","CHF","EUR","GBP","JPY","NZD","USD"
Words on the news are not been filtered yet.
thanks, bauta
  • #1,196
  • Apr 17, 2016 1:01pm Apr 17, 2016 1:01pm
hi Bauta

Well,, I guess :
- Breakeven value equals 5 , means for EU, 0.0005 , not 0.00005 ??
  • #1,197
  • Apr 17, 2016 1:43pm Apr 17, 2016 1:43pm
Quoting Shamim1981
{quote} I am using cent account with Alpari broker!

Thanks, for your reply. You're happy with them ?
Knowing the broker is good for everyone.
  • #1,198
  • Apr 17, 2016 4:42pm Apr 17, 2016 4:42pm
Quoting jaguar1637
hi Bauta Well,, I guess : - Breakeven value equals 5 , means for EU, 0.0005 , not 0.00005 ??

breakeven parameter is in grid levels (lines)
read from this post an below, you may understand it better.
http://www.forexfactory.com/showthre...90#post8648090
bauta
  • #1,199
  • Apr 17, 2016 4:46pm Apr 17, 2016 4:46pm
Quoting bauta
{quote} Thanks for your post, Note that news are been filtered to read only the majors "AUD","CAD","CHF","EUR","GBP","JPY","NZD","USD" Words on the news are not been filtered yet. thanks, bauta
DontTradeOnNews update: Next news release was displaying incorrectly. Please re-download below:
Attached File(s)
File Type: ex4 DontTradeOnNews.ex4   20 KB | 277 downloads
  • #1,200
  • Apr 17, 2016 9:40pm Apr 17, 2016 9:40pm
To run EG104 EA on a live account do i need to purchase a license. If so can you please tell me how to purchase one. The reason i am asking is when i tried to load the EA on to my live account a noticed popped up saying "TRADE NOT ALLOWED ON LIVE ACCOUNT"
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