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Free EA - Piggy n The Middle

  • #221
  • Apr 19, 2016 6:03pm Apr 19, 2016 6:03pm
Quoting anazri
Piggy still survive in 150 range pips. I want to see more pips {image}
Hello Anazri,

Thank you for sharing your test results.
Would you please advise what round number are you inputting for 150 Pips in case broker is 5 digits and suppose current price is 1.43000?
I inputted 0.0015 but not sure if it is correct. when you saying 150 pips i think you mean 150 points which is 15 pips. Correct?
Thanks in advance.
  • #222
  • Apr 19, 2016 6:40pm Apr 19, 2016 6:40pm
Quoting Mohsen-b
{quote} Hello Anazri, Thank you for sharing your test results. Would you please advise what round number are you inputting for 150 Pips in case broker is 5 digits and suppose current price is 1.43000? I inputted 0.0015 but not sure if it is correct. when you saying 150 pips i think you mean 150 points which is 15 pips. Correct? Thanks in advance.
4 or 5 digit broker as the 5th digit would only be a "0" at the end. 150 pips non-JPY should be 0.015
  • #223
  • Apr 19, 2016 7:51pm Apr 19, 2016 7:51pm
Quoting timmy
Hi Yonnie, Some answers for your points: - "I have my own gridding system, but yours works better in tight ranging conditions. did a test on AUD/NZD and NZD/USD and have a few questions........ for the 1 month period 19/3 - 18/4 2015 NZD/USD the best results were for a 70 pip grid. is that about the grid size you would use?" Yes this is a good number for those pairs. But over time as the daily ATR changes you can increase the grid step with it - this too can be built into the EA. - "macro range relative to the daily volatility: don't understand...
hello Tim,

thanks for your reply.......
to get any confusion out of the way: am not convinced yet that the ea proposed here will work for me. it is not a ranging or trending way of trading the grid, but a mixture with buy/sell orders triggered above and below price.
a pure ranging method will only have limit orders and a trending method only stop orders.

the biggest headache for ranging and mixed grids are the trends.
at the moment I rather go with a trending way of trading the grid while trying to minimize losses in ranging conditions.

luckily keydcuk in post 60 doesn`t mind discussions about other people`s work and at the same time people here might learn something from your experience of trading grids for more than 2 years.

for me it is trading grids manually, not with an ea and only with stop orders above and below price.
that`s why I`m interested in your way of trading.
will get to your last reply later Tim.
  • #224
  • Apr 19, 2016 8:19pm Apr 19, 2016 8:19pm
Quoting tundex
{quote} I close all trades when I noticed my account equity has reached the setting i have for the day. I only close this particular trade at total pips of 1000pips and the equity profit was 613.6pips and the floating and commission is 392.8pips. This is another account I started after the first account, I set equity to just 200pips for this account. As at when I close the total pips is 369.7pips I closed at 213.5pips with float and commission at 156.2pips. The main point is running all day may not be too safe as market condition and news changes...

Hello,

I´m agree. Reach the profit day and stop.

But, this is the point....

When to enter in the market to reach your profit day?
What to look? Day bar? some other indicator?

This is the big task for us...
  • #225
  • Apr 19, 2016 9:03pm Apr 19, 2016 9:03pm
Quoting freedom48
{quote} ok...I have a solution...trade reverse really , not joke....take all positions in opposite would maybe maybe the holy....how did you lost with 0.01 6 thousand? unbelieveble
That will be a great IDEA, let's see if anybody can make a reversal EA just for curiosity
  • #226
  • Apr 19, 2016 11:44pm Apr 19, 2016 11:44pm
Quoting yonnie
{quote} hello Tim, thanks for your reply....... to get any confusion out of the way: am not convinced yet that the ea proposed here will work for me. it is not a ranging or trending way of trading the grid, but a mixture with buy/sell orders triggered above and below price. a pure ranging method will only have limit orders and a trending method only stop orders. the biggest headache for ranging and mixed grids are the trends. at the moment I rather go with a trending way of trading the grid while trying to minimize losses in ranging conditions....
Yep - stop orders are the order of the day. I also prefer a trending grid.
  • #227
  • Apr 20, 2016 1:36am Apr 20, 2016 1:36am
Quoting keydcuk
{quote} 4 or 5 digit broker as the 5th digit would only be a "0" at the end. 150 pips non-JPY should be 0.015
Thanks Keydcuk,

Then 200 pips for GJ and 3 digits is 0.2. Correct?
Thanks
Mohsen
  • #228
  • Apr 20, 2016 1:43am Apr 20, 2016 1:43am
Quoting keydcuk
I have been approached by a few coders but none of them could confirm to me 3 simple things that I have asked before I share the mq4 file. 1. That you have a concrete idea before I share the file so that "their" idea gets filtered through me to ensure we all get this idea and that nobody runs off without thread followers to have the information. 2. That the mq4 file does not get shared. 3. That the mq4 file gets passed back to me when modified. Am I asking too much here? Are my ideas too far fetched to ensure we all get the best of any idea and/or...
They seem like perfectly reasonable requests to me.
  • #229
  • Apr 20, 2016 2:33am Apr 20, 2016 2:33am
450pips after float and commission. Not bad for a day.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYiM1_20042016.png Size: 78 KB
  • #230
  • Apr 20, 2016 4:17am Apr 20, 2016 4:17am
Quoting Mohsen-b
{quote} Thanks Keydcuk, Then 200 pips for GJ and 3 digits is 0.2. Correct? Thanks Mohsen
200 pips on GBPJPY is always 2.0 regardless of broker's digits.
  • #231
  • Apr 20, 2016 4:36am Apr 20, 2016 4:36am
Quoting tundex
450pips after float and commission. Not bad for a day. {image}

Hello,

Good result.

I can see that you trade GBPJPY in M1.

My big question is:

When you put the EA in the chart? You see one more indicator to see the trend?
  • #232
  • Apr 20, 2016 4:41am Apr 20, 2016 4:41am
Quoting tundex
450pips after float and commission. Not bad for a day. {image}
Hi. What settings do You use? Default from the first post? What is Your broker (i see 1,5 pips spread on GBPJPY)
  • #233
  • Apr 20, 2016 7:17am Apr 20, 2016 7:17am
Quoting LuizSchiavi
{quote} Hello, Good result. I can see that you trade GBPJPY in M1. My big question is: When you put the EA in the chart? You see one more indicator to see the trend?

My understanding is that the EA is not timeframe dependent. I'm not using any other indicator. The only thing I do is to set daily equity profit. when the account equity get to that target I closed all trades.
  • #234
  • Apr 20, 2016 7:23am Apr 20, 2016 7:23am
Quoting tundex
{quote} I close all trades when I noticed my account equity has reached the setting i have for the day. I only close this particular trade at total pips of 1000pips and the equity profit was 613.6pips and the floating and commission is 392.8pips. This is another account I started after the first account, I set equity to just 200pips for this account. As at when I close the total pips is 369.7pips I closed at 213.5pips with float and commission at 156.2pips. The main point is running all day may not be too safe as market condition and news changes...

tundex,

what broker do you run this demo ?? or live cant tell.

its showing 1000 leverage and tight spreads. never seen that before, thats why i am asking.

thx
  • #235
  • Apr 20, 2016 7:27am Apr 20, 2016 7:27am
Quoting Arrr
{quote} Hi. What settings do You use? Default from the first post? What is Your broker (i see 1,5 pips spread on GBPJPY)
I used @Carneiro setting. Broker is TradersWay.

Cheers
  • #236
  • Apr 20, 2016 7:58am Apr 20, 2016 7:58am
Quoting keydcuk
{quote} The original post of v4a did not have the attachment. It is now attached now. Daniel
Sorry, haven't been here for long, and do not know the complete name of post to do search or find it on your profile...

Can you give full name of post, or post link in reply?

Thanks
  • #237
  • Apr 20, 2016 8:07am Apr 20, 2016 8:07am
Quoting Mawb
{quote} Sorry, haven't been here for long, and do not know the complete name of post to do search or find it on your profile... Can you give full name of post, or post link in reply? Thanks
This is post 94. Although please be aware that I don't think the EA will perform as described in the settings of TRUE, TRUE. I believe it will only perform as TRUE, FALSE or FALSE, TRUE.

On a side note, I have tried various scenarios to change the EA from entering BUY/SELL mode to BUY UP only SELL DOWN only and have found very little value in this as the DD situation can worsen. It seems that the trail of opposite hedging trades need to take place in order to balance the equity DD.

You can play with it if you want, there might be something in it for the development of when to change modes but my opinion at the moment is to keep entering BUY/SELL positions on every grid level until I can figure out a way to reduce the DD.

You would think I would be happy to see that MAX DD with my settings was £600 per 0.01 lot but I am striving to lower this DD even more. For people with small trading accounts it is crucial to get a better figure yet still.

Daniel
  • #238
  • Apr 20, 2016 8:30am Apr 20, 2016 8:30am
Quoting tundex
{quote} I used @Carneiro setting. Broker is TradersWay. Cheers

thanks much tundex..............
  • #239
  • Apr 20, 2016 9:06am Apr 20, 2016 9:06am
Quoting reinerh
{quote} tundex, what broker do you run this demo ?? or live cant tell. its showing 1000 leverage and tight spreads. never seen that before, thats why i am asking. thx

TradersWay demo account.
  • #240
  • Apr 20, 2016 9:20am Apr 20, 2016 9:20am
Quoting keydcuk
I AM MENTALLY BANGING MY HEAD HERE! Sorry, I just needed to say that... I have added Piggy n The Middle v4-1 to post 1. 1. I was going to wait till I get version 5 out with a slightly new way of trading that was going to shave the DD a little compared to the original version but things have been very inconclusive and I have tried so many different combinations of tests I am almost at wits end but still have a couple things to try. 2. In v 4-1 and/or v5 was/is going to have a close all trades at equity gains % but the software I am programming with...
I'm not too good at coding but this is what I wrote for equity % that I'm using currently,

extern double ExpectedEquityTarget; // closes all orders once account equity is greater than expected equity target
extern double IncreaseEquityPercent = 10.0; // Equity percentage

int init()
{

ExpectedEquityTarget = AccountBalance() + (AccountBalance() * (IncreaseEquityPercent / 100)); // Calculate the amount balance should be increase by

}


int start()
{

if(AccountEquity() > ExpectedEquityTarget) { // check if the account equity is greater than expected equity target
CloseAll(); // call a method to close all trade
}
}

I hope this can help.

Cheers
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