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Free EA - Piggy n The Middle

  • #241
  • Apr 20, 2016 9:25am Apr 20, 2016 9:25am
Quoting tundex
{quote} 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...
YES, I think it does help. Thank you very much

Could you add a bit of code that will disable the EA and only re-enter trade the next day? I think this is what most people want out of their equity close option.

Many Thanks & Best Regards,

Daniel
  • #242
  • Apr 20, 2016 9:32am Apr 20, 2016 9:32am
sorry for stupid question ,
why don't open any position (in chart and in test)
thanks ... i think i'm crazy
  • #243
  • Apr 20, 2016 9:35am Apr 20, 2016 9:35am
Quoting ilprinci
sorry for stupid question , why don't open any position (in chart and in test) thanks ... i think i'm crazy
Hi & Welcome,

The EA is not meant to open a position immediately. It works on round numbers. Depending of the settings and pair that you use, it will open specifically at the round number setting that you have told it to.

If you need any help, just shout!

Daniel
  • #244
  • Apr 20, 2016 9:44am Apr 20, 2016 9:44am
Quoting ilprinci
sorry for stupid question , why don't open any position (in chart and in test) thanks ... i think i'm crazy
You are not crazy, my friend....As keydcuk says: If you need any help, just shout!
  • #245
  • Apr 20, 2016 10:00am Apr 20, 2016 10:00am
default setting in test 1y no open position e/u
!?
  • #246
  • Apr 20, 2016 10:07am Apr 20, 2016 10:07am
Quoting ilprinci
default setting in test 1y no open position e/u !?
Default settings are the default settings for the GBPJPY.

For the EURUSD you can try your own round numbers settings.

0.0001 = 1 pip
0.0010 = 10 pips
0.0100 = 100 pips

With the JPY pairs

0.01 = 1 pip
0.10 = 10 pips
1.00 = 100 pips

With the default settings of GBPJPY, you would have been taking grid steps of 20000 pips steps. This is why trades were not opening.
  • #247
  • Apr 20, 2016 10:10am Apr 20, 2016 10:10am
Quoting keydcuk
{quote} YES, I think it does help. Thank you very much Could you add a bit of code that will disable the EA and only re-enter trade the next day? I think this is what most people want out of their equity close option. Many Thanks & Best Regards, Daniel

I'm testing the option of disabling EA as equity is hit presently but it is still not disabling all EA only the equity manager I modify alone. I hope to work further on it tonight. Hopefully I will come up with something useful.

Cheers
  • #248
  • Apr 20, 2016 10:58am Apr 20, 2016 10:58am
How the EA determine when to close losing trades?
  • #249
  • Apr 20, 2016 12:11pm Apr 20, 2016 12:11pm
Quoting Invermac
How the EA determine when to close losing trades?
It takes groups the buys or the sells in separate groups and then takes profit at whatever TP your settings are at. When there are multiple positions, it calculates the net profit/loss and converts it into pips in order to match the TP setting that you have chosen.

Cheers!

Daniel
  • #250
  • Edited 3:18pm Apr 20, 2016 2:57pm | Edited 3:18pm
Hi Daniel,

i am testing Your EA Piggy on DAX30 with good results.
bad news is that i closed my metatrader and lost testing. Most critical was 8/Feb where was big drop with little retracement. But with 10k USD and good set up it stayed alive with DD ~10% 0,02 lot.
My tick testing is very slow so Nov/2015-April/2016 will take more than a week. If You have any idea how to speed up tick testing mode pls let me know.

screen below shows result in tick mode from 8/Feb and pending.

Thanks
mojepole
Attached Image (click to enlarge)
Click to Enlarge Name: piggy.png Size: 47 KB
  • #251
  • Apr 20, 2016 3:21pm Apr 20, 2016 3:21pm
Quoting mojepole
Hi Daniel, i am testing Your EA Piggy on DAX30 with good results. bad news is that i closed my metatrader and lost testing. Most critical was 8/Feb where was big drop with little retracement. But with 10k USD and good set up it stayed alive with DD ~10% 0,02 lot. My tick testing is very slow so Nov/2015-April/2016 will take more than a week. If You have any idea how to speed up tick testing mode pls let me know. screen below shows result in tick mode from 8/Feb and pending. Thanks mojepole {image}
It won't help a great deal but it will help some.... right click your chart and go to the objects list / click inside and press ctrl-A together when you have selected all and your lines are blue, click delete. Deleting your objects on the chart will help speed up the tester but it will not perform any miracles.
  • #252
  • Apr 20, 2016 3:39pm Apr 20, 2016 3:39pm
Quoting keydcuk
{quote} It won't help a great deal but it will help some.... right click your chart and go to the objects list / click inside and press ctrl-A together when you have selected all and your lines are blue, click delete. Deleting your objects on the chart will help speed up the tester but it will not perform any miracles.
Hi Daniel,

done. i just hope this will speed up , even a little.

One thing -> EA in my case not working with both true/true option. Run when i set first option false and buy mode / sell mode true.

take care

mojepole
  • #253
  • Apr 20, 2016 4:03pm Apr 20, 2016 4:03pm
Quoting mojepole
{quote} Hi Daniel, done. i just hope this will speed up , even a little. One thing -> EA in my case not working with both true/true option. Run when i set first option false and buy mode / sell mode true. take care mojepole
YES, I was hoping that both settings at true would become a bit of an experimentation more but this is not the case. The settings at TRUE, TRUE do not work with version 4a. To be fair, the adjustments for this can be done in any which way as you simply need to adjust your lot size to have 0.02 BUY lot in the upward grid steps and 0.02 SELL lot in the downward grid step.

This is a bit interesting as I have been talking about DD and TP. I ran a test on this and for only about £90 more DD you gain about £500 on the 3 year test.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 56 KB
Click to Enlarge Name: Screenshot_2.png Size: 53 KB
  • #254
  • Apr 20, 2016 4:59pm Apr 20, 2016 4:59pm
Quoting mojepole
Hi Daniel, i am testing Your EA Piggy on DAX30 with good results. bad news is that i closed my metatrader and lost testing. Most critical was 8/Feb where was big drop with little retracement. But with 10k USD and good set up it stayed alive with DD ~10% 0,02 lot. My tick testing is very slow so Nov/2015-April/2016 will take more than a week. If You have any idea how to speed up tick testing mode pls let me know. screen below shows result in tick mode from 8/Feb and pending. Thanks mojepole {image}
Hello,

What is you settings to use in the DAX?
  • #255
  • Apr 20, 2016 5:10pm Apr 20, 2016 5:10pm
[quote=timmy;8881205 lets say as you mentioned you start your grid on downward moving PA and it created a Sell, Sell (SS) at step1 and then moved on down to step0 - it would first open two new sell positions here and close out one of the sell trades from step1 and move the other to BE. So now if PA moves back up and breaches step1 it will open two buys (BB), as it moves on up further it will now close a buy as it reaches a new step and move the other trade to BE. So at every point the grid is closing regular trades for profit. But now you start to see your equity line track south of your balance- because of the toxic sell trades at the bottom of the grid. But as it moves more steps up the equity line will slowly reverse and, if enough steps are breached in the buy direction (for this example) then it will neutralise the toxic trades completely. In fact under this example you would only have to move three steps upward to neutralise one of the bottom sell trades or both will be neutralised together after 5 steps up.[/quote]

in post 97 you mentioned that:
1.
after a move down and price reverses, we have our first 2 buys.
at this time we have 2 sell danglers open from the grid level below.
eliminate those 2 sell danglers with the sell located 2 steps above from where we opened the 2 new buy orders.

2.
in the quote above, you don't exit the sell danglers with the sell from 2 steps above.
while the price keeps going up, you leave the sell danglers and they will be neutralized after 5 steps up.

so were you using method 1 or 2 to exit the danglers?
in method 2, when will you really close the danglers and will you also close any profitable trades to offset their loss?

thanks Tim
  • #256
  • Apr 20, 2016 5:26pm Apr 20, 2016 5:26pm
Quoting tundex
{quote} 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.

Okay,

But in what moment you place the EA in the pair? (enter in the Market)

In the london openning for example, in the evening .....
OR
When You saw a trenline.....

So... this is the question
  • #257
  • Apr 20, 2016 6:24pm Apr 20, 2016 6:24pm
Guys I test EURJPY and AUDJPY and it works very good with the default settings. 2015-JAN-01 to 2016-APR-20
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPY.JPG Size: 133 KB
Click to Enlarge Name: EURJPY.JPG Size: 133 KB
  • #258
  • Apr 20, 2016 8:42pm Apr 20, 2016 8:42pm
Anybody have the best settings for EURUSD and GBPUSD? For first version EA v4 please
  • #259
  • Apr 20, 2016 10:41pm Apr 20, 2016 10:41pm
Quoting Invermac
Anybody have the best settings for EURUSD and GBPUSD? For first version EA v4 please
I m doing in GBPUSD, setting 0.005. 30 pips target. going well last 4 days .
  • #260
  • Apr 20, 2016 11:33pm Apr 20, 2016 11:33pm
Quoting yonnie
{quote} in post 97 you mentioned that: 1. after a move down and price reverses, we have our first 2 buys. at this time we have 2 sell danglers open from the grid level below. eliminate those 2 sell danglers with the sell located 2 steps above from where we opened the 2 new buy orders. 2. in the quote above, you don't exit the sell danglers with the sell from 2 steps above. while the price keeps going up, you leave the sell danglers and they will be neutralized after 5 steps up. so were you using method 1 or 2 to exit the danglers? in method 2, when...

Hi Yonnie,

I was just responding to your new scenario that you gave me in your follow up post where you asked how I would eliminate dangler trades if I didn't have higher sell trades (or at least this is what i thought you were asking). So not two different methods - just two different situations. I also was making the point that depending on how you want to use your stash of open contracts you could get rid of one dangling toxic trade after three steps back up or both if you wait for five steps back up (assuming it gets there) - its up to you how you strategise these situations. Go look at what you asked me.

The idea is to incorporate a toxic trade clean up approach such as my suggestion - but is systematic for all reversal situations as best you can make it. Make your rules. This will go a long way to limiting those potential big DD positions - when you overlay it with the asymmetric close system, and thus allow for a greater risk profile to be used... and so more profit.

Cheers
Tim
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