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Free EA - Piggy n The Middle

  • #621
  • May 10, 2016 4:01am May 10, 2016 4:01am
Quoting Invermac
{quote} You are right, in this case is another grid EA with a diferent concept and I think the programmers can convine this to reduce the DD or avoid bad signal. Here the EA {file}
Hi,
From where did you get this EA? It has been made based on Remon Part 1 Idea as it mentioned in the EA. I am just curious to know who made it.
Thanks
Mohsen
  • #622
  • May 10, 2016 4:12am May 10, 2016 4:12am
Quoting happytrade38
{quote} is "server" refer to broker server time and "local" refer to desktop time?
Yes.
  • #623
  • May 10, 2016 4:17am May 10, 2016 4:17am
Quoting Kunay9
hello Keydcuk! thanks for the update am i doing something wrong? i set max order to 10 x side but there 50more sells open {image}
You still need it to sell and buy. The Max Trades is (Before it goes into buy only up and sell only down mode.)
  • #624
  • May 10, 2016 4:24am May 10, 2016 4:24am
Quoting TottiGoal
{quote} 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
When you say different strategies... you're clearly thinking of something are you not? Please share your ideas. I will try anything that I am capable of programming. I have got a lot of time on my hands and only post what can work well in post #1. I don't mind having a load of different versions so long as I organize the best ones in post 1 to not confuse new followers or those who don't read the entire thread.
  • #625
  • May 10, 2016 5:07am May 10, 2016 5:07am
Quoting keydcuk
{quote} You still need it to sell and buy. The Max Trades is (Before it goes into buy only up and sell only down mode.)
yeah i get that but max trades was 10.. if i get it right if there are more than 10long or 10 short than the EA will stop opening those long or short trades and trade the side with less trades right?
  • #626
  • Edited 5:30am May 10, 2016 5:12am | Edited 5:30am
Quoting keydcuk
{quote} When you say different strategies... you're clearly thinking of something are you not? Please share your ideas. I will try anything that I am capable of programming. I have got a lot of time on my hands and only post what can work well in post #1. I don't mind having a load of different versions so long as I organize the best ones in post 1 to not confuse new followers or those who don't read the entire thread.
You are right,

Since the main issue is how we deal with trends, I think we need to establish first how we can identify one. I think PA is the best way to achieve that, so when I saw Invermac pic about the group of trades, I've realized that on the higher TF that would be an inside bar. Then yesterday I run the EA on my demo account and I was lucky enough to get a perfect example of inside bar group of trades. The second picture is from today, same thing. Those are 30min candles by the way.

Attached Image (click to enlarge)
Click to Enlarge Name: Capture8.PNG Size: 33 KB
Attached Image (click to enlarge)
Click to Enlarge Name: Capture9.PNG Size: 31 KB


Especially the one from today it shows that I could run the standard grid within the previous candle range, then switch to only BUY/SELL outside the range and avoid possible DD. Leaving the EA running in standard mode outside the range would probably mean losing the 200 pips.

Now, is this going to be perfect? Most likely not, however I think it's much better than running the EA without considering PA at all. In the long run if it helps 50% of the time, it's going to make a huge difference in terms of DD.

Also the inside candle strategy is not the only one you can use. It can easily work on breakouts, S/R, ATR range and ZigZag strategy with a single side option. Alternatively you let the EA working within the range only.

Cheers
  • #627
  • May 10, 2016 6:36am May 10, 2016 6:36am
you guys just don't like a grid that will trade alone self adapting to market condition??

no link between grid style and PA like inside bars.. solution to the puzzle its much easier ( to code and apply )

no need to overcomplicate things
  • #628
  • Edited 6:59am May 10, 2016 6:46am | Edited 6:59am
Quoting Kunay9
you guys just don't like a grid that will trade alone self adapting to market condition?? no link between grid style and PA like inside bars.. solution to the puzzle its much easier ( to code and apply ) no need to overcomplicate things
I'm very interested, if you please could explain how the EA is going to identify market conditions, then how the EA will trade in different market conditions it would help.

Anyway having a grid in a range rather than a grid that runs like mice on a wheel doesn't look that complicated to me, actually quite the opposite.

Cheers
  • #629
  • May 10, 2016 6:54am May 10, 2016 6:54am
Quoting mojepole
{quote} 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 {image}

again today looks ok if Piggy stops now.
Attached Image (click to enlarge)
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  • #630
  • May 10, 2016 7:21am May 10, 2016 7:21am
Quoting happytrade38
{quote} .... 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?
No. Look at it again. The sell positions after 4 steps equal 45 pips (don't forget the second sell trades that close at the next step) versus the two buys at -40 pips. So clean out time for the dangler trades as price action ranges and we move on to await the trend action. No indicators, just a grid with governing logic, price action, and time.

It's not perfect by any means as some scenarios will require step profits to be used up to clean up dangler positions under some range patterns. This is especially so for tight grids (but their advantage is that if they get more trend periods - by definition - so they require less movement to get a number of reserve positions at BE). But once you get a good clean move in one direction then you gain reserve positions at BE that allow other logic steps to kick in to clean up danglers.
  • #631
  • May 10, 2016 8:46am May 10, 2016 8:46am
Quoting TottiGoal
{quote} I'm very interested, if you please could explain how the EA is going to identify market conditions, then how the EA will trade in different market conditions it would help. Anyway having a grid in a range rather than a grid that runs like mice on a wheel doesn't look that complicated to me, actually quite the opposite. Cheers
if you read from page 24 you fill find the answer yourself just let the ea decide when trade and when not trade and when go long or go short

no need to use equity managers or indicators or PA
  • #632
  • May 10, 2016 9:00am May 10, 2016 9:00am
hi keydcuk,
i can't sent you pm du to some limitation for new member.

check this mgrid ea,
http://www.forexfactory.com/attachme...9&d=1222459934

just a different,
my ea tracks every bid and place Ask at same increment and vise versa.

for this stratergy i need to close seperate order at specified external take profit and stoploss to save margin issues.

need your help !!
  • #633
  • May 10, 2016 9:50am May 10, 2016 9:50am
Quoting keydcuk
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. 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 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,...
Hi Daniel,
thank you very much for sharing your source code. I backtest it in an M5 and I would like to share the result pic with you, lotsize 0.01, 10.000 start. The DD is about 3.200 max., I would say between Feb. und May 2013 is the problem.
Net prof 1.070, brutto 3.350, loss 2.280

Buy_Lot_Grid_Step_UP=0.01; Sell_Lot_Grid_Step_UP=0.01; Buy_Lot_Grid_Step_DOWN=0.01; Sell_Lot_Grid_Step_DOWN=0.01; Buy_Trades_Take_Profit_In_PIPS=100; Sell_Trades_Take_Profit_In_PIPS=100; Round_Numbers_Grid_Size=200; Trade_Count_Switch=6; Switch_Lots_BUY_in_UP_Grid_Steps=0.02; Switch_Lots_SELL_in_DOWN_Grid_Steps=0.02; MagicStart=3126; inp0="(0) Weekday filter"; inp0_tradeMonday=true; inp0_tradeTuesday=true; inp0_tradeWednesday=true; inp0_tradeThursday=true; inp0_tradeFriday=true; inp0_tradeSaturday=false; inp0_tradeSunday=true; inp1="(1) Time filter"; inp1_ServerOrLocalTime="server"; inp1_TimeStart="00:00"; inp1_TimeEnd="24:00";
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph piggy start 2012 M5.gif Size: 10 KB
  • #634
  • May 10, 2016 10:16am May 10, 2016 10:16am
Quoting togerhard
{quote} Hi Daniel, thank you very much for sharing your source code. I backtest it in an M5 and I would like to share the result pic
Thanks for your test.
I am wondering if a 5 minute timeframe is accurate enough to test this system? A profit of roughly 10% in 3 years time with a drawdown of 30% does not sound too good and contradicts to other reports in this thread.
What alerted me is thehorizontal scale, where it shows only about 250 trades were executed (If I interpret correctly). This is much different than the other screenshots I see where many many many trades are opened each day.
Being good at what you do is a result of having fun
  • #635
  • May 10, 2016 10:37am May 10, 2016 10:37am
Quoting Egosuma
{quote} Thanks for your test. I am wondering if a 5 minute timeframe is accurate enough to test this system? A profit of roughly 10% in 3 years time with a drawdown of 30% does not sound too good and contradicts to other reports in this thread. What alerted me is thehorizontal scale, where it shows only about 250 trades were executed (If I interpret correctly). This is much different than the other screenshots I see where many many many trades are opened each day.
Hi Egosuma,
I am only guessing ... a better answer could give Daniel ... with this set up it is 0.01 lotsize and the TP is around 10,00 USD as I used the default values of the EA, just out of the box ... with an different TP, lotsize or Gridsize it could produce a different and better result or be killed ... but I am waiting for Daniels opinion to get an better answer. This test just shows that the EA could survive in an long distance with an defensive use, the real Problem in my opinion is the 3-4months range of DD. If be used more agressive it might bring other/better/worser result in a long backtest. Honestly, I tested very plenty of EAs 3-4 years backtest and only few survived, this is one of it and I guess it can be improved/ is worth to be improved, just my opinion.
  • #636
  • May 10, 2016 11:49am May 10, 2016 11:49am
Quoting togerhard
{quote} Hi Egosuma, I am only guessing ... a better answer could give Daniel ... with this set up it is 0.01 lotsize and the TP is around 10,00 USD as I used the default values of the EA, just out of the box ... with an different TP, lotsize or Gridsize it could produce a different and better result or be killed ... but I am waiting for Daniels opinion to get an better answer. This test just shows that the EA could survive in an long distance with an defensive use, the real Problem in my opinion is the 3-4months range of DD. If be used more agressive...
Because there is no indicators involved and real tick dependent conditions due to a wide grid, you will get nearly the same results on a 5min than in tick mode is my opinion. The thing is, this is a brilliant EA with exception to 1-2 times a year when there is trend with little retracement. Another FF member backtested this from 2008 and found a similar DD. I ran this one from 2000 and there is even more DD. I don't know what to think about this. The EA is ok but who wants to be $3000 or £3000 in DD??? I am still thinking of better ways to make grid trading work but I am limited to having no coding skills and the fxdreema program limitations. It is a tough call. I've got an idea in mind but I don't know how I would make it work. I'm not going to discuss it just yet.

I know in Remon's grid thread, there was a version of APG 4 that had an MA filter and some members were making it work I believe. It will be interesting to see the coders version of Piggy n The Middle that is coming and see what the optional filters will bring to the game.

Cheers!

Daniel
  • #637
  • May 10, 2016 12:46pm May 10, 2016 12:46pm
Dear Coders,

I would like to work with the attached indicator but I've got a problem. There is only a SELL signal buffer which is buffer 0 and blue. There is no other buffers I can access for the BUY signal which is red.

Can someone help me out with this minor modification?

Thanks for your attention,

Daniel
Attached File(s)
File Type: mq4 VelocityWaves.mq4   4 KB | 334 downloads
  • #638
  • May 10, 2016 12:47pm May 10, 2016 12:47pm
In HFT (High Flying Trading) thread the Captain mentioned using SMA34 on H4 as a directional bias...

It might worth to give a shot to avoid these major DDs...
  • #639
  • May 10, 2016 2:25pm May 10, 2016 2:25pm
Quoting MasterGuru
In HFT (High Flying Trading) thread the Captain mentioned using SMA34 on H4 as a directional bias... It might worth to give a shot to avoid these major DDs...
Well, I got 3 situations with this one. I either cannot get it to keep a £1000 account for more than 5 months starting from year 2000 or I can make it fly by a year for making about £50-£75 in the first year.

The first scenario is when I program the EA to buy only in up steps when MA is set at 34 on 4H chart.
It blows the £1000 account in less than 5 months.

The second scenario is when I tell it that if above 34MA only buy up and nothing on the down and if below 34MA only sell and nothing on the up.
It makes about £50-£75 in the first year

The third scenario I am telling it no matter what, look at the grid step and buy if above 34MA and sell if below 34MA
It blows the £1000 account in less than 5 months.

I have left scenario 1 as an example and left TF and MA variable options but I have tried different TFs and it's pretty much the same.

Feel free to throw any ideas out there. If I can program it, I will try it!

Daniel
Attached File(s)
File Type: ex4 Piggy n The Middle v4-2c.ex4   219 KB | 365 downloads
  • #640
  • May 10, 2016 2:40pm May 10, 2016 2:40pm
Quoting keydcuk
{quote} Well, I got 3 situations with this one. I either cannot get it to keep a 1000 account for more than 5 months starting from year 2000 or I can make it fly by a year for making about 50-75 in the first year. The first scenario is when I program the EA to buy only in up steps when MA is set at 34 on 4H chart. It blows the 1000 account in less than 5 months. The second scenario is when I tell it that if above 34MA only buy up and nothing on the down and if below 34MA only sell and nothing on the up. It makes about 50-75 in the first year The...
Was the SMA applied to H4? Have you experimented with different SL values?
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