Free EA - Piggy n The Middle | Page 22 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

No Free Lunch but all the Free Coffee you can drink 736 replies

SWAP free, rollover free Broker? 15 replies

Orders triggered in the middle of nowhere! 1 reply

Crisis in the middle east 2 replies

Attachments: Free EA - Piggy n The Middle
Exit Attachments

Free EA - Piggy n The Middle

  • #421
  • Apr 29, 2016 9:33am Apr 29, 2016 9:33am
Quoting Clipi
{quote} your system looks very interesanta, I have a couple of questions: -has tried to start a second time in NY opening? -which happens if there importatnes news during operation of the EA? many days between 9 and 10 GMT headlines in GBP, active EA anyway at the opening of London? thank you very much

First let me clarify, the system is not my system, I'm only testing @Keydcuk EA.

Concerning your question,

1. The test I did on a separate account for NY market was not successful, so I have not tested the EA again during NY.
2. Most time during important news the DD become very large and sometimes the news make the equity targeted profit to be hit on time.
3. Today makes it day 5 testing London market.

I'm not sure if I answer your question. I tried as much as I understand the question.

Cheers
  • #422
  • Apr 29, 2016 10:05am Apr 29, 2016 10:05am
Quoting Kunay9
{quote} how the lotsize its gonna change? which is the filter? i missed this
The grid step up and the grid step down is the filter. We don't expect PA to zigzag between grid points although it does on certain occasions but mainly PA takes one direction. If I could determine when to increase lot size from an indicator, then there would be no point of the grid. I would just trade direction. This EA hedges every position based on nobody being able to predict the direction. However without indicators, a bias towards pure price action is the only way I think.

Saying this, I don't think my opinion would apply in small grid situations. When I talk about my EA, I always talk about it with my recommended settings of 200 pips on the GBPJPY unless I explicitly say otherwise.
  • #423
  • Apr 29, 2016 10:21am Apr 29, 2016 10:21am
i guess its better to talk about small grid situations ( with an higher daily profit ) rather than trying to optimize it over a long period just because every pair got important news that totally screw your backtest like currency rate interest, meeting of the currency bosses and so on

anyway on usdjpy even with a huge fall as you can see from picture the drawdown its definitly less!! profit too of course but 3% for an afternoon its a lot so coudn't complain about it
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.JPG Size: 188 KB
  • #424
  • Apr 29, 2016 2:52pm Apr 29, 2016 2:52pm
Quoting tundex
{quote} Here is the EA I used. {file}


Hello tundex,

can you show us your settings of simpleAllPairBasket EA please? to active this EA with piggy EA in londo please?

cheers
  • #425
  • Apr 29, 2016 5:47pm Apr 29, 2016 5:47pm
I am quite happy with the program, and the comments I put below are intended to help you improve the programming to get a better outcome and performance.

I noticed that the price action triggers a buy above the sell pair in the grid. This results for any price in a negative position (i.e. if price is below the grid, the net loss from the loosing buy is greater than the benefit of the sell position - and vice versa - if the price is above the grid, the resulting net position is negative, i.e. the loss from the loosing sell is higher than the gain from the winning buy). If price is between the buy and sell, I loose the commission and the spread in a locked position.

Would it not be advantageous to pair the buy and sell of the same grid position in the other direction, i.e. buy lower than the grid position, and sell above the grid position? The optimum delta between the buy/sell and the grid could be calculated as a function of the spread and commission.

I also noticed Piggy places no pending orders but places them "in the flow". For me, this results in achieved prices quite far from the grid point. Not all users might have this problem as it probably depends on your network connectivity performance and how fast is your computer, etc. but for me it does affect performance. If the program knows it will put an order around a grid level, it could put a pending order to achieve better performance.

A pip pip - Hurray!
  • #426
  • Apr 29, 2016 5:54pm Apr 29, 2016 5:54pm
One more thing - I am still using PnMv4 - so maybe not an issue anymore. Anyway, I wanted to avoid buys as the market was declining steadily and my DD was getting deep. So I tried to put buy = 0.00 but because my trader's minimum size is 0.01, it triggered buys at 0.01 nonetheless. How does one turn off one side of the trade?

A pip pip - Hurray!
  • #427
  • Apr 29, 2016 5:59pm Apr 29, 2016 5:59pm
Quoting 0ilman
One more thing - I am still using PnMv4 - so maybe not an issue anymore. Anyway, I wanted to avoid buys as the market was declining steadily and my DD was getting deep. So I tried to put buy = 0.00 but because my trader's minimum size is 0.01, it triggered buys at 0.01 nonetheless. How does one turn off one side of the trade? A pip pip - Hurray!

You can simply select Only Long or Short at the Common tab
Attached Image
  • #428
  • Apr 29, 2016 6:10pm Apr 29, 2016 6:10pm
Quoting guilherme
{quote} You can simply select Only Long or Short at the Common tab {image}
Thanks guilherme! I learnt something. I knew there was a simple way - I missed it, too focused on the data entry screen and not on my setting!
  • #429
  • Apr 29, 2016 6:46pm Apr 29, 2016 6:46pm
Quoting 0ilman
One more thing - I am still using PnMv4 - so maybe not an issue anymore. Anyway, I wanted to avoid buys as the market was declining steadily and my DD was getting deep. So I tried to put buy = 0.00 but because my trader's minimum size is 0.01, it triggered buys at 0.01 nonetheless. How does one turn off one side of the trade? A pip pip - Hurray!
If you look at the attachments of this thread, you will find PnTM v4a which does exactly that. You can set flags to trade buy/sells on grid points or only buy and only sell on up and down steps respectively. The only setting that will not work is if you set both flags to TRUE. I wanted to experiment thinking I could but it just is an erroneous setting. v4a... look for this if you want to switch modes.

Daniel
  • #430
  • Apr 29, 2016 6:48pm Apr 29, 2016 6:48pm
Quoting guilherme
{quote} You can simply select Only Long or Short at the Common tab {image}
This would not work because it would trigger buys on every step up or step down on the grid.
  • #431
  • Apr 29, 2016 7:00pm Apr 29, 2016 7:00pm
Quoting 0ilman
One more thing - I am still using PnMv4 - so maybe not an issue anymore. Anyway, I wanted to avoid buys as the market was declining steadily and my DD was getting deep. So I tried to put buy = 0.00 but because my trader's minimum size is 0.01, it triggered buys at 0.01 nonetheless. How does one turn off one side of the trade? A pip pip - Hurray!
You can increase the lot size on one side, sell 0.02 buy 0.01.
  • #432
  • Apr 29, 2016 7:36pm Apr 29, 2016 7:36pm
I dont agree. The EA would behave the same way. It would send the same comands / orders. But MT4 would allow to pass just the trades in the direction you chosed.
  • #433
  • Apr 29, 2016 8:21pm Apr 29, 2016 8:21pm
Quoting Invermac
{quote} Hello tundex, can you show us your settings of simpleAllPairBasket EA please? to active this EA with piggy EA in londo please? cheers

Nothing special. I just set my equity target to 10% and disable SL, other are default settings.
  • #434
  • Apr 30, 2016 12:37pm Apr 30, 2016 12:37pm
Quoting keydcuk
{quote} Any EA will not perform without MT4 working properly or it being closed or without internet connection.
No, I am asking what will happen when mt4 restarts if EA will recognise trades which placed or no? or it will start placing trades again from 0.01
  • #435
  • Apr 30, 2016 4:01pm Apr 30, 2016 4:01pm
HI TEAM , First of all thanks and great work for entire team , am being observed EA from past one month which one is very profitable almost all pairs and am trading and testing now a days in real account also .... If some one add some FRIDAY true or false filter it will be very great full too ... and also after collecting some profit to bucket entire cycle should close and reopen new cycle means it will be great full to trading....and by implementing some magic number for different currency pairs on same equity account which can able to manage the orders separately in same equity ... and also some DAILY TARGET LEVEL and reopen to new one because of entire order cycle should close and refresh to new one ...... Watching and Expecting always profitable ....
cheers entire team and KEYDCUK once agian...
  • #436
  • May 1, 2016 1:35am May 1, 2016 1:35am
Quoting tundex
{quote} Nothing special. I just set my equity target to 10% and disable SL, other are default settings.

Hi tundex,

Please tell me if this parameters are correct for:

5% gain TP
no SL

Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 4 KB



Can you tell me if you need to activate the two EA's before london opens and then leaves until target % is reached? or the basket EA can activated automatically with the time work program like 3:00am to 11:00 am in my case?

I appreciate your time and hope don't bother you

thank you so much
  • #437
  • May 1, 2016 2:00am May 1, 2016 2:00am
Quoting Invermac
{quote} Hi tundex, Please tell me if this parameters are correct for: 5% gain TP no SL {image} Can you tell me if you need to activate the two EA's before london opens and then leaves until target % is reached? or the basket EA can activated automatically with the time work program like 3:00am to 11:00 am in my case? I appreciate your time and hope don't bother you thank you so much

Yes 5% and no SL is right. I manually enable expert and the EA disable expert after equity profit is hit. Not sure about enabling EA, although my personal EA does that but I dropped it because it does not refresh all chart when the expert is enable.



Cheers
  • #438
  • Edited 4:25am May 1, 2016 4:07am | Edited 4:25am
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-05-01 17.24.21.png Size: 93 KB
  • #439
  • May 1, 2016 6:57am May 1, 2016 6:57am
Quoting Sunny7day
{image}
WAKE UP here, you cannot run this kind of ea with $200...
  • #440
  • May 1, 2016 7:36am May 1, 2016 7:36am
at least 2k$ if you hope to stay under 20% DD with a 0,01lot and 5pip grid
0 traders viewing now