Expanding Grid

Thank akkus,
please re-download DayTarget on post one and let me know,
bauta

Hi Bauta,

I sent various email´s. It has not arrived ?

Regards,

Thank you Bauta . I reattached expert . And sorry for headache

I may have to re-download as well because I don't see all the info u guys display. i just get the little black highlighted section, no full report. When my pairs are "disabled" or go "flat" i assume the news is working or either I made daily target. I am still making steady small profits in demo with micro account. Thanks Bauta. I'm still looking forward to the symmetry and scalper merger though. I think it will help many traders like me. My plan with your new version would be to trade for few hour periods during cross-over time zones. What do u think of that strategy?

Volatility is the word I was thinking of. Make sense?

The time next to the event is your computer time, not GMT or Server time.
The time next to Status is server time. At 24:00 DayTarget will start calculating a new day target.
DayTarget uses server time to calculate day profits and to start new day. it may not be equal to the market open time, it is the server date change.
More of the brokers uses GMT -3 to sync the time with the market open time (4:00PM CT). For this reason your day may start few hours off the real market time.
I do not use FF time to pickup news, I do use GMT time, the time in your FF will not be equal to the time in the event file,
See the time in this file and you will understand it better.
http://www.forexfactory.com/ffcal_week_this.xml
Anyway, I will revise the time variables one more time to be sure it is working how I did mentioned above.
Once again, thanks for support,
bauta

Resize the chart, you will see the bottom.
The merge is on test. I will release it soon. It will be a big change, lot of testing is needed.

I am working on grid factor methods, a parameter to chose from 20 days ATR or 20 days range as discussed on previous posts.
also, I am working on the order delay seconds when it is at the same direction, looks like I am getting better results.
Stay tuned, I will release it some time today or tomorrow.

For MQL5 users, email to [email protected] for instructions to convert to FF version. At MQL5 new releases takes too long to post and I am not allowed to post revisions.
Due to this project is been actively developed and inputs from existing registered users and from FF users are making it stronger I do recommend to use FF version.
because this versioning and revisioning, you should keep a copy of all revisions in case you want to go back to previews releases.
thanks, bauta

DayTarget has been revised, please re-download in post one.
What is new?
All date time variables revised.
Changed to revision v05c

to be sure we all are in the same page. right now it should read NZD unemployment rate.
bauta

Expert is going one hour ahead.

please re-download, you are not on release 05c

Mr. Bauta
Day Target is a great tool that allows various settings ... I thought that setting the percentage of the profit could go well to negative values for the protection of deposits ... or adjust the value directly in DailyProfitAmmouth ...
Example: the target is 20% and in achieving the 10% would be able to set Target Type to deposit ... This would eliminate the risk of overflow account and would only TRADER what profits would have been useful ...
It would also be good if the EG_103 was also able to use EG_104 trading style SYMMETRY2, MultiMagic and MultiMagicQt ... It's aggressive trading, but in conjunction with the idea of DGS could be an interesting effect in microcredit ...
Sorry for my English
Sincerely Ljub

i have small problem..my MT4 cannot open more then 0.01 lot . All order only 0.01 lot.
could you modify EG104 EA to open multiorder like this below;

LotSize_1 = 0.01;
LotSize_2 = 0.02; = 2x 0.01
LotSize_3 = 0.03; = 3x 0.01
LotSize_4 = 0.05; = 5x 0.01
LotSize_5 = 0.08; and ETC
LotSize_6 = 0.13;
LotSize_7 = 0.21;
LotSize_8 = 0.34;
LotSize_9 = 0.55;
LotSize_10 = 0.89;

max 10 level.

Hi Bauta , can you disable this mode from expandgrid mode of expert . Thank you..

hi akkus,
please change grid style, sExpandGrid will be merged into mChannel on the release I will submit sometime today.
after changing style, you may need to close orders manually.
How the merge will work?
if you like sExpandGrid mode do the following:

1. activate mChannel grid style setting magic number to a value. 301 per example. Be sure all other magic numbers are set to zero.
2. set Dynamic_Grid=true
3. set Dynamic_Percent to a value of 15 or greater.

thanks
bauta

Ok thank you.
Ex. I will use 10 pairs ...
On EURUSD I need to set expert with 301 but on GBPUSD , EURJPY and other pairs with zero magic number . It is right ?

Nope, you need to set magic number to a value to activate a grid style.
Example:
EURUSD sExpandGrid

s_MagicNumber=0

m_MagicNumber=301

e_MagicNumber=0

Dynamic_Grid=true

Dynamic_Percent_Increase=15

GBPUSD symmetry

Click reset bottom to defaults or,

s_MagicNumber=301

m_MagicNumber=0

EURJPY mChannel

s_MagicNumber=0

m_MagicNumber=301

Dynamic_Grid=false

and so on,
settings are individually per each chart, you may use your own magic number.
magic number equal to zero disable the style.

Ok , it is right . I want to use sExpandgrid for all charts. So I think to that stop orders usable than limit orders for me . Because all traders says white , I say black .

once again , you are great master of expert , thank you for your effort . Best regards.

EG104 Version 030 (FINAL)
Hi team,
Is been a wonderful journey, almost one year working on this project and going back to your inputs I did found a valuable set of information and recommendations. I did try to implement them as more as possible, but unfortunately not all of them. Thanks you all.

Today I am releasing the version 030, I would like to make this one the last release. What I do mean? I want to stop adding parameters and making major changes to it.

I will be doing revisions as bugs are found, no releases, no changes on the strategy, just revisions.

Why? OK, we need to test/demo for long period of time, changing the strategy will not prove us it works.

I do recommend you to follow this thread and read twice by advices, not because I am the best, it is because I am the designer of this EA and I know 100% how I did it.

I did compiled all the best from results on the past and I did optimized this EA for its best potential.
It is important to note this EA does not works by itself completely automatically, it is not an ATM machine or a way to becomes rich overnight. The objective of this EA is to get about 1% profit a day consistently, going above it make it to fail. Greed make traders to fail.

Adding to it, it is important to follow news events, they are the ones damaging the results of this EA, and believe me, it is not only EG104 the one that get hit by news, it is a big community of traders who get hit.

And finally, eliminate exposure, if you can be at full potential for a portion of the day and then resume on Closure Mode then do so. Show yourself on the market, take some money and then get out.

To help us to control greed, news events and exposure, I did created DayTarget EA. You may want to use it but it is not required to do so.

I will continue advising and responding to this thread, I will welcome your ideas and we will discuss them.

OK, going back to the release v030,

What is new?

 

1. mChannel grid style has been renamed to Channel and its parameters are now prefixed with c_ (c and underscore)
2. The original sExpandGrid grid style (method) has been merged into Channel grid style. To activate sExpandGrid set c_ChannelType = Static and Dynamic_Grid=true
3. FloppyChannel grid style has been also merged into Channel. To activate FloppyChannel, set c_ChannelType = Floating
4. ScalperGrid grid style has been merged into Symmetry grid. To activate ScalperGrid set s_Allow_Hedge=false. When allow hedge is false, the EA will be more FIFO compliant. This is the only grid style may be compliant. It is recommended to set Dynamic_Grid=true when disabling hedging.
5. New parameter GridFactorMethod: Range_20day will use 20 days daily range average to calculate grid distance when using GridSizeFactor. ATR_20day will use 20 days daily ATR average instead. This two options works very close each others, but I did found range_20day better, so it is the default.
6. SecondsBetweenSameOrder=30 added. This parameter will set the seconds to wait for opening new order in the same direction. If filters fast moves. I did test 30 and 60, both work good. I default 30. Note this parameter does not sleep the EA, it just pause execution of orders at the same direction of the previews one.
7. s_Allow_Hedge=true parameter. When it is true, you are on the original symmetry, when it is false you are in the old ScalperGrid
8. c_ChannelType = Static parameter: Static is the old mChannel and sExpandGrid, Floating is the old FloppyChannel
9. Bug fixes and memory optimization.
10. Finally, EG104 has been resumed to two grid styles, symmetry for limit orders execution, Channel for stop orders execution.
11. I will post shortly, instructions for using manual mode. (close, target, stop, neutralize, etc)

IMPORTANT: This release will reset your settings when you apply it to a chart. It is important you remove all your EAs from the charts and then apply one by one with your desired parameters. Note I do recommend defaults.

Copy your previews EG104 file to a different location before overriding it, then you will be able to go back if you prefer to do so.

Any bugs, please post here. I will be fixing them.

Please re-download on post one,

Thanks and good luck trading,
bauta

Thanks Dear Bauta . I have admiration to you . I will be here . Regards...

to think:
scenario:

1. expecting a news release that previously moved the market in 5 minutes.
2. after closure mode the main affected currency did not close.
3. day profit is $12.00
4. current loss is $13.50

what do you do?