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Free EA - Piggy n The Middle

  • #601
  • May 9, 2016 8:48am May 9, 2016 8:48am
Quoting Clipi
doubled the purchase ordendes increasing the size to 0.02, thus even a little balance. The EA would execute Sells 0.01, and 0.02 Buys until you reach the daily equitity (10%) once it back to normal. {image}
Doubling up the buying size would mean nothing but not opening the sell order (2+1-1 = 2), it would just eat your margin faster. Here comes the avoid-the-trend parameter.

Cheers
You'll always miss 100% of the shots you don't take.
  • #602
  • May 9, 2016 9:28am May 9, 2016 9:28am
Quoting Invermac
{quote} Hello Tundex, My account loss so much today too, not broke but this 2% today not reached, let's see if anybody can improve the EA. Take care of your leg friend.
Thanks. I forgot to mention that Monday market is also something to watch out for. Out of the 11 days the highest DD was noticed on Monday market. I still believe small percentage will survive.


Cheers
  • #603
  • May 9, 2016 9:31am May 9, 2016 9:31am
Quoting keydcuk
{quote} Hope you have a fast recovery!
Thanks @keydcuk.
  • #604
  • May 9, 2016 9:57am May 9, 2016 9:57am
I'm not going to attach this to post #1 until there is more conclusive evidence in its positive use but here is an attempt at closing negative bucket trades quicker.

 

  1. I have added a feature that is called "Trade Count Switch". This is the amount of trades that are currently open strictly counting only buys and only sells. I am currently testing the switch at 6 open buys or 60 open sells
  2. When trades are = or greater than this number, it will trigger additional trades at the lot you desire in the buy when grid step up and sell in grid step down mode, Currently I have default settings of an additional 0.02 lots which are there in my preferred GBPJPY 200 pip grid setup
  3. Trades will still open a buy/sell as per normal only additional lots are triggered under circumstances


I don't know whether this will actually be useful for those who are using the tight grid and equity method of trading. I have tried it briefly in backtest but obviously it is the forward test that will determine whether it is useful as you are stopping the EA from running when equity hits and I still have no equity function in my EA

I think the key to this one would be to study the micro and macro moves and average out the conditions in which the switch could be used when an average macro move takes place.

Have Fun!

Daniel

Attached File(s)
File Type: mq4 Piggy n The Middle v4-2a.mq4   322 KB | 515 downloads
  • #605
  • May 9, 2016 11:19am May 9, 2016 11:19am
today my small demo account was blown over 2700 pips not positive, this means that i will step aside, i would have to see more positive news here before giving it another try, too bad as i had hoped to have found something good, i wish all best of luck, i really appreciate all input here
  • #606
  • May 9, 2016 11:42am May 9, 2016 11:42am
Quoting clint2008
today my small demo account was blown over 2700 pips not positive, this means that i will step aside, i would have to see more positive news here before giving it another try, too bad as i had hoped to have found something good, i wish all best of luck, i really appreciate all input here
Not pushing you to do anything but it would be interesting to know what is the grid size you are using? Your would likely not have blown the account with a larger sized grid.
  • #607
  • May 9, 2016 12:04pm May 9, 2016 12:04pm
Amazing the results of shiva settings.

initial deposit $10,000usd

6 hours of working
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 35 KB
  • #608
  • May 9, 2016 1:01pm May 9, 2016 1:01pm
Quick insight at what the settings are going to look like on Piggy_MOD which is a reworked version (from scratch) of the EA, full of new settings and filters such as the ability to use pending orders, basket trailing, dynamic money management and scaling options... and much more.
A stable release can be expected around the end of the week as unfortunately I work on many other projects aside

Keep in mind that the very idea of this version is to anhilate the DD through trend / cycles recognition
Attached Image (click to enlarge)
Click to Enlarge Name: piggy sets 2.PNG Size: 73 KB
You'll always miss 100% of the shots you don't take.
  • #609
  • May 9, 2016 1:23pm May 9, 2016 1:23pm
Quoting keydcuk
{quote} Not pushing you to do anything but it would be interesting to know what is the grid size you are using? Your would likely not have blown the account with a larger sized grid.
Hello Daniel, i think you are correct my crazy gridstep was 15 pips, i struggle to find a combination that works well for me, maybe double or triple the gridsize, but also statements on gridtrading never works did have an effect. I will setup with other settings tomorrow and see how that goes, thanks for your suggestion.
  • #610
  • May 9, 2016 2:22pm May 9, 2016 2:22pm
Quoting mojepole
Hi Daniel, i am running in demo Your Piggy and so far doing well. today i run on two DE30 and also added US500 in mid day 10% took on the market open from previous day and almost 7% today. {image}
Hi again,

last Friday Piggy done over 100 USD and today if i stop around 1h ago again 100 USD. I am playing on demo still and removed US500 so only DAX.
However today DD was over 100% for few minutes. [ account is 2200 USD ]

regards
mojepole
Attached Image (click to enlarge)
Click to Enlarge Name: piggy.png Size: 59 KB
  • #611
  • May 9, 2016 3:18pm May 9, 2016 3:18pm
Quoting Edorenta
Quick insight at what the settings are going to look like on Piggy_MOD which is a reworked version (from scratch) of the EA, full of new settings and filters such as the ability to use pending orders, basket trailing, dynamic money management and scaling options... and much more. A stable release can be expected around the end of the week as unfortunately I work on many other projects aside Keep in mind that the very idea of this version is to anhilate the DD through trend / cycles recognition {image}
Excellent! Thank you VERY MUCH for your contributions!

Daniel
  • #612
  • May 9, 2016 3:31pm May 9, 2016 3:31pm
Looking forward to have a play with this coders version of Piggy n The Middle...

...but in the meantime, here is another version called v4-2b.

In this version I am hoping to achieve reducing DD by telling the EA to stop entering buy sell positions at a given number of buys and a given number of sells set by the user. Trust me when I say this... " Because we are telling the EA not to enter the hedge positions, it is more difficult to close buckets on retracement. For this reason and after testing this to prove it to myself, it is absolutely necessary to but buy in up grid and sell in down grid step heavier." My current default settings are no more than 10 buys or 10 sells independently and it will remove the hedged positions and only buy up and sell down. If there are not 10 of each buys and sells, it will still hedge as buys and sells are ran independently still.

Not worthy of a post 1 EA until proven useful.

Have Fun!

Daniel
Attached File(s)
File Type: mq4 Piggy n The Middle v4-2b.mq4   292 KB | 450 downloads
  • #613
  • May 9, 2016 5:37pm May 9, 2016 5:37pm
Why I don't see all of this EA?

Attached Image (click to enlarge)
Click to Enlarge Name: Przechwytywanie.PNG Size: 23 KB
  • #614
  • May 9, 2016 5:49pm May 9, 2016 5:49pm
Quoting happytrade38
{quote} hi timmy, just want to let you know one more person is interested on your thought. have been trying hard to figure out how the "dual system" could remove the toxic trades. In order to fully understand what you say, I use below example: Assuming grid is 5pip 1.1000 Open 2 Sell (Price goes down 5pip) 1.0095 Closed 1 Sell, Move 1 Sell to BE (price goes up 5pip) 1.1000 Open 2 Buy (Note: 1 sell @ BE, will automatic closed @ BE) (price then goes down) Am interested to know how the Dual system, remove the 2 Buy toxic?
Hi Happytrade38,

So now your logic identifies that you have two buy trades open and can clear these with four steps down on the grid.
1.1000 Open 2 Buy
1.0095 Open 2 sell positions
1.0090 Open 2 sell positions (close 1 sell on previous step, 1 to BE when this step down opens)
1.0085 Open 2 sell positions (close 1 sell on previous step, 1 to BE when this step down opens)
1.0080 Open 2 sell positions (close 1 sell on previous step, 1 to BE when this step down opens. Also here EA closes all positions in four steps above for break even on the sequence)

So here EA logic identifies buy positions can be neutralised and eliminates them for no loss. All done within 20 pips move.

Of course your EA logic could state that when two "dangler trades" are identified (ie the 2 buy trades at 1.1000 and then price reverses down) then it does not close one of the sell positions as it moves down until the loss on the dangler positions are overcome.

This would look like the following:

1.1000 Open 2 Buy
1.0095 Open 2 sell positions
1.0090 Open 2 sell positions (2 to BE when next step down opens)
1.0085 Open 2 sell positions (2 to BE when next step down opens. Also here EA closes all positions in three steps above for break even on the sequence)

And price carries on now looking for that nice 100 pip move with,say, 15* 5 pip steps in a row heading down and makes a nice profit.... and leaves you with a mother load of open sell steps to use in the future to remove dangler trades and to automatically eliminate these in a similar fashion to how Remon does it... but more efficiently.

You have the luxury of really creating any logic tactics for your EA as you wish since once this baby gets rolling you can have many positions at BE over time and with a consistent move down or up. For example the continued move down may leave 6 sell positions at BE - now your programmed logic may now say - 'when I get dangler positions after 6 reserve BE positions I will use these to eliminate them immediately after two reverse steps in a row and override the close out methods mentioned above until I run out of reserve sell trades at BE. There are many ways you can make it work efficiently ..... get it.... imagine having 15 reserve positions all at BE.... they would have a massive cumulative number of open steps that can be used to eliminate dangler trades!!

The key is to eliminate the range trading dangler trades efficiently whilst waiting for the nice trend moves. The system profit comes from the continuous incremental profit taking of the first positions NOT the reserve BE positions. (although you could harvest these for profit if you got over, say, 20 BE positions.... again another logic rule for your EA)

Personally I wouldn't use 5 pips steps - but if you want to set your EA logic to favour trends then smaller step gaps would create many more frequent "trends" (think about it: 100 pip step means you need a 1000 pip move for a 10 step "trend", but a 5 pip step means you only need a 100 pip move for a 10 step trend - which is going to come along more often for the trending bias grid.)

Hope that helps.

Tim
  • #615
  • May 9, 2016 7:33pm May 9, 2016 7:33pm
Quoting jpyp99
{quote} Thanks keydcuk for the new version. It is more user-friendly. Great work. I have a problem about the hour start and hour end. Having now only one timeframe as input, it seems impossible to let's say trade only between 8pm to 4am without having to change the settings every day. That's why earlier I was requesting to keep minimum 2 time filters. Would it be easy for you to re-implement this capability?
Sorry, somehow I have missed this post and only found it by accident.

Please find the attached for your request. However, I struggle to understand as you only mention one time period above in your post. I don't know why you want 2 time filters. Anyway. here it is just for you
Attached File(s)
File Type: mq4 Piggy n The Middle v4-2 (1).mq4   291 KB | 376 downloads
  • #616
  • May 9, 2016 10:08pm May 9, 2016 10:08pm
Quoting keydcuk
{quote} You simply need to type in the box "server" or "local" whichever one you wish to use. As far as time passing? I am not 100% sure because I have not used the function but I believe it will stop functioning in all manners. No new trades will be opened and currently opened positions will just run without having a TP. Although I am not 100% sure, I don't think it will manage its last trades open.
is "server" refer to broker server time and "local" refer to desktop time?
  • #617
  • May 9, 2016 10:56pm May 9, 2016 10:56pm
Quoting timmy
{quote} Hi Happytrade38, So now your logic identifies that you have two buy trades open and can clear these with four steps down on the grid. 1.1000 Open 2 Buy 1.0095 Open 2 sell positions 1.0090 Open 2 sell positions (close 1 sell on previous step, 1 to BE when this step down opens) 1.0085 Open 2 sell positions (close 1 sell on previous step, 1 to BE when this step down opens) 1.0080 Open 2 sell positions (close 1 sell on previous step, 1 to BE when this step down opens. Also here EA closes all positions in four steps above for break even on the...

So now your logic identifies that you have two buy trades open and can clear these with four steps down on the grid.
1.1000 Open 2 Buy
1.0095 Open 2 sell positions
1.0090 Open 2 sell positions (close 1 sell on previous step, 1 to BE when this step down opens)
1.0085 Open 2 sell positions (close 1 sell on previous step, 1 to BE when this step down opens)
1.0080 Open 2 sell positions (close 1 sell on previous step, 1 to BE when this step down opens. Also here EA closes all positions in four steps above for break even on the sequence)

At this stage, float loss of 2 buy is 2 x 5pips x 4 steps =- 40pips; and the gain of 1 sell of 15pips gain (from price 1.0095) + 10pips gain (from price 1.0090) + 5pips gain (from price 1.0085) = + 30pips. Net is - 10 pips if we closed all positions in four steps down from "Open 2 Buy". Is my understanding correct?
  • #618
  • May 10, 2016 1:04am May 10, 2016 1:04am
hello Keydcuk!

thanks for the update

am i doing something wrong?

i set max order to 10 x side but there 50more sells open
Attached Image (click to enlarge)
Click to Enlarge Name: Cattura.JPG Size: 208 KB
  • #619
  • May 10, 2016 2:17am May 10, 2016 2:17am
Quoting keydcuk
{quote} Sorry, somehow I have missed this post and only found it by accident. Please find the attached for your request. However, I struggle to understand as you only mention one time period above in your post. I don't know why you want 2 time filters. Anyway. here it is just for you {file}
Hi Daniel,

that's great as I was thinking of something on the same line.

I was wondering if it would be possible to set a range rather than a number of orders, meaning an upper limit for buys and a lower limit for sells. This would be very helpful for applying different strategies. It can still be done by multiplying the n. of trades by the grid distance, however it wouldn't be as good.

Cheers
  • #620
  • May 10, 2016 3:28am May 10, 2016 3:28am
Quoting Edorenta
Quick insight at what the settings are going to look like on Piggy_MOD which is a reworked version (from scratch) of the EA {image}
Great work Edorenta, look forward to checking it out.
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