{quote} Hi JezVoss Thanks for your PM, all sortedWhat were your settings ... I see the Pair. Thanks again
http://www.forexfactory.com/showthre...36#post8872436
hello guys 
doing some testing with Piggy and i have a couple of insight that could help maybe
first i'm not sure that gbp/jpy its the best pair to trade with cause of the higher spread compared to majors like usd/jpy
second i guess that double on the lotsize of the winning side could help..
in my picture for example, when the market start to dip we could use a 0,02 instead of a 0,01 in order to compensate the buy side
what do you think about this? could be possible to modify it to give it a test?
in the picture i'm using a 5pips grid started an hour before london open
doing some testing with Piggy and i have a couple of insight that could help maybe
first i'm not sure that gbp/jpy its the best pair to trade with cause of the higher spread compared to majors like usd/jpy
second i guess that double on the lotsize of the winning side could help..
in my picture for example, when the market start to dip we could use a 0,02 instead of a 0,01 in order to compensate the buy side
what do you think about this? could be possible to modify it to give it a test?
in the picture i'm using a 5pips grid started an hour before london open
{quote} Hi Carneiro Count me in on your thoughts re testing various ideas/settings and publishing for ALL to benefit, maybe in a spreadsheet - who knows. Obviously 1 person should co-ordinate to get planned results ... your idea I nominate you if you are willing? I assume as I am new to this post that you would want to test certain Pair/s with certain settings at certain times ... maybe more ... leave it to you ... PS re your settings what was the Pair/s? and time? ... thanks And of course this would be with the approval of keydcuk...
My only plead is that you share your ideas and/or modifications with the rest of us in this thread.
"FOREX TRADING IS HARD ENOUGH AS IT IS!"
Let me know if there is anything that I can do from my side...
Any valuable modified EA will be posted in Post No. 1
I will be honest with you all. At this moment, I have not seen any valuable modifications to this EA that can outperform what the EA can do already, The only thing that seems to be working for some is the idea of a tight grid with daily equity closes. Although I am not fond of the idea personally, it seems to be working for some. The only reason I have not added an equity close on my EA at the moment is because I struggle to get it in the programming myself.
If anybody can redo a coder friendly EA and add this equity function, it would be greatly appreciated. I have already explained how the EA trades, but if anybody need me to explain this again, I am quite happy to do so for the further development of a coder friendly EA.
I might give this a crack one more time, but am not thinking I will be successful on my own.
As a sneek preview, I am in the midst of developing another EA. It is not a grid trading EA. I will not publish anything that I don't think is worthy enough to share here at FF. When the time comes that I can crack the nut that I am trying to crack, I will let you know. If I get it right, this will be better than what I have been able to produce so far.
THANK YOU ALL FOR YOUR SUPPORT!
Daniel
it would be best if the EAwould do it all by itself, i can not be sitting in front a the screen all day. I have been nursing it now for 2 days in a row as i struggle with a small acount and margin on all positions an floating negative pips is almost constantly a big problem, the balnce line in terminal turn red yesterday. then i switched to larger gridsize 15 pip. it would be great if as per original idea profits on one side would be used to close out the negative positions. i like to leave the ea on all day not to be
As for buys taking care of sells, I wish I could exploit this idea but it is very difficult within the EA to tell it to manage BUYS with SELLS and then have it switch conditions for buys to take care of buys and sells take care of sells. In anyway, when you are letting buys take care of sells, you are entering the zone of what is or is as near as linear grid trading. This method is not very good as you are telling the BUYS to close SELLS and the BUYS need to outnumber the SELLS and vice versa. In these conditions, you could go up to 3+months of not having anything close. The reason for this is that as the BUY is making profit, the sell is still losing on the way up. I still believe that the best way to kill toxic trades is when top SELLS are gaining in retracement profitability to eliminate the bottom losers.
I am not saying this for the sake of saying this nor am I saying this because I want to make myself look better but I have been grid trading far before Remon's EA thread has begun and I do know what I am talking about when I say that a linear grid trading method will only produce very long periods of DD and open exposed trades that never close quickly. 3+MONTHS trades that do not close because one side cannot overtake the other.
Just my 2 cents.
Daniel
I love grid EAs, but they can be extremely risky in a trending market or lack of adequate retracement. I have been trying them in various forms in many different EAs. My main issue is the broker limit on open trades: this can vary from 150 trades to 500 open trades. Once you reach this limit - regardless how much available margin you have - this system will fail. Any grid EA needs to be selective when opening trades to prevent catching a trend and reaching the open trade limit. This would also reduce margin load as better quality trades are opened,...
- #414
- Apr 29, 2016 6:35am Apr 29, 2016 6:35am
- | Commercial User | Joined Feb 2015 | 1,380 Posts
When you are successful perhaps give a thought to others ... Kiva dot org
hello guys
As for your idea of doubling lots, the issue that presents itself is what is a winning side? What is a losing side? Do or can we really predict the market movement? It is all speculative. The EA already takes profit when trends are taking place and when it is not in a hedge. When in a hedge and the retracement is taking care of clearing the toxic losers out, I think the best method is already used by saying close as quick as possible. We never know how far down it is going to retrace.
The best idea of being biased towards the trend, I believe it is the idea that I have presented to you in quite a few posts back. If you set your lot size of BUY in an upward grid to 0.02, leaving the sell to 0.01 and as well as the SELL to 0.02 and buy to 0.01 in the downward grid step move, the backtesting that I have done with this will show that DD will be fractionally higher but that overall profitability is better. If I were to trade the EA in live conditions, I believe that this is the way that I would go.
Please refer to this post to see what I am taking about... http://www.forexfactory.com/showthre...13#post8884213
Happy Pipping!
Daniel
{quote} As for your idea of doubling lots, the issue that presents itself is what is a winning side? What is a losing side? Do or can we really predict the market movement?
what is a winning side? well just the side with less order opened
this morning for example market on gbpjpy went strongly down with a 100pips move
at some point i had 1lot buy and almost zero sell cause the market wasn't retracing
if the ea had open sell trade with a 0,02 lot instead of 0,01we could have gain double of those money and proportionally reducing the impact of that drawdown
i hope i was more clear with explanation
{quote} we definitly can't predict market movement but we can try to assecond the market movements
