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Free EA - Piggy n The Middle

  • #641
  • May 10, 2016 2:47pm May 10, 2016 2:47pm
Quoting keydcuk
{quote} 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. ....... Cheers! Daniel
I crunched the numbers today myself. Ran tick-based backtest over 2012 - 2016, with an initial balance of 50.000 and the settings posted by Togerhard for Piggy n The Middle v4-2a.mq4 :

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";

result:
Attached Image (click to enlarge)
Click to Enlarge Name: Knipsel.JPG Size: 128 KB


You were right, Max drawdown is roughly the same, 2,5k.

On the other side, the gain is only about 1k, over a 4 year period.
1k profit with 2,5k drawdown does not sound nice to me.

I'll keep testing and see if i can help improve.
Being good at what you do is a result of having fun
  • #642
  • May 10, 2016 2:59pm May 10, 2016 2:59pm
Quoting Egosuma
{quote} I crunched the numbers today myself. Ran tick-based backtest over 2012 - 2016, with an initial balance of 50.000 and the settings posted by Togerhard for Piggy n The Middle v4-2a.mq4 : 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";...
How about REVERSING the entries, using current TP as SL, and setting a $1k/$2k TP...?

Naturally one would have to observe prolonged periods of small losses, but the rare occasional HUGE PROFITS would generously compensate for them...
  • #643
  • May 10, 2016 3:10pm May 10, 2016 3:10pm
Quoting MasterGuru
{quote} How about REVERSING the entries, using current TP as SL, and setting a $1k/$2k TP...? Naturally one would have to observe prolonged periods of small losses, but the rare occasional HUGE PROFITS would generously compensate for them...
interesting idea, but :
http://mechanicalforex.com/2011/03/d...table-one.html
Being good at what you do is a result of having fun
  • #644
  • May 10, 2016 3:24pm May 10, 2016 3:24pm
Sorry MG, revised version of v4c. Just goes to show me that one little overlook and the EA does do what it's meant to do.

The previous version WASN'T CLOSING BUYS!!!!

Anyway, this one wasn't so bad... it crashed at end 2008... To no surprise, it was global recession!
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 17 KB
Attached File(s)
File Type: ex4 Piggy n The Middle v4-2c.ex4   212 KB | 339 downloads
  • #645
  • May 10, 2016 3:42pm May 10, 2016 3:42pm
Quoting keydcuk
Sorry MG, revised version of v4c. Just goes to show me that one little overlook and the EA does do what it's meant to do. The previous version WASN'T CLOSING BUYS!!!! Anyway, this one wasn't so bad... it crashed at end 2008... To no surprise, it was global recession! {file} {image}
The interesting thing about this is that I tested 100 pip grid on the same pair and it only crashes around the same period and makes about an extra £2k+ over the period.

This just goes to show you it is really not as much the EA is bad, it is just there are some conditions in which grid EAs cannot trade. I think the only way forward with this is to identify conditions that tell the EA to close everything, not trade or change modes of trading. I would love to get an EA that knows when to trade grid and when not to but as far as I'm concerned it's not as easy as just to say grid in range and do something else in trend. These are not easy things to technically define when the future has not happened on a chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.png Size: 17 KB
  • #646
  • May 10, 2016 5:09pm May 10, 2016 5:09pm
Hi everyone,

I've been sitting on the side lines watching this thread for a while now - very interesting. Thanks to everyone who has contributed.

I thought I'd share a way to avoid some of the directional issues - I notice some talk of using the Moving Average which is good to use for closing out trades if they are in the negative - ie, if the candle has broken a 50 EMA and continues to climb for example after 3 bars, close all the shorts and go the other way until such time the candles close below the 50EMA.

Another that works VERY well that no one has mentioned yet... is the Ichimoku ... It's one of the most powerful indicators to use.

Before I get into that -- I was reading from the link from the first post here, and noticed this video

Inserted Video


Is this EA based on that because I don't quite see it working that way? Is this EA slightly different to that of the video? Reason I ask is that I the most recent version only closing out longs, for example, and not closing out any shorts from profits made from longs. I applied the EA to the chart, its made over 1500 pips, but its over 12000 pips in negative for the GBP/JPY, with settings of Take profits of 25 pips each way with a round numbers detector set to 5... .. Can someone shed some light on that for me... Thanks.

re: the Ichimoku . to get a really good impression of where the trend is going to go... we can use 5M or any other time frame that's higher.

ie.
When Senkou Span A Crosses above Senkou Span B.. prepare for longs - close out any shorts that are open and or wait for the EMA Angle smoothing element OR wait for a equilibrium break
When Senkou Span B Crosses above Senkou Span A.. prepare for shorts - close out any longs that are open and or wait for the EMA Angle smoothing element OR wait for a equilibrium break

Best regards,
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #647
  • May 10, 2016 6:16pm May 10, 2016 6:16pm
Quoting FXCyborg
Hi everyone, I've been sitting on the side lines watching this thread for a while now - very interesting. Thanks to everyone who has contributed. I thought I'd share a way to avoid some of the directional issues - I notice some talk of using the Moving Average which is good to use for closing out trades if they are in the negative - ie, if the candle has broken a 50 EMA and continues to climb for example after 3 bars, close all the shorts and go the other way until such time the candles close below the 50EMA. Another that works VERY well that no...
Thank you for your input. I always wanted to get into Itchimoku but never really got the whole thing. I will have a look at this and see what I can do.

As far as Remon's video and strategies, it is not as much that it is like Remon's strategy as it is inspired by his strategy. The main thing that this EA does that Remon's does as well is that it takes profit in retracement or at least Method 1 does. Because of my inability to program with fxdreema buys taking care of sells in a fashion of removing specific losers, I never got to do this in my EA. However, I think that my method is equally as powerful or at least close by just eliminating all the toxic trades at once during the retracement period. I thought I made it clear that my method does not replicate anywhere near what Remon's methods do but I am very thankful and grateful for his thread and posts as it has inspired me to get to where I am in EA building.

As far as your settings, it would seem that the EA is only proven successful so far in 2 different ways. Either you can use a very wide grid like the default settings of 200 pips away or you can try the method Tundex posts as he runs it next to an equity trade manager along side this EA in a tight grid but closes everything for the day at a set equity profit and trades again after the London open move.

Welcome! & Happy Pipping!

Daniel
  • #648
  • May 10, 2016 6:35pm May 10, 2016 6:35pm
AM I GOING OVERBOARD HERE?

It seems I have not paid attention to Piggy n The Middle EA for a while and I am trying my best to give you all I got here.

Here is a very interesting version that both normal traders and tight grid traders might find useful.

The grid size round numbers sorts itself out according to daily ATR and the factor you choose to multiply it with.

In test, I thought I was going to find better results by keeping the ATR high and use something like factor 3 or 4 to lower the DD. In instances this is somewhat true in the highest degree but pulls no real profit to talk about. Soooooo???? I recommend that if you want to use it in a regular fashion, ATR multiplier 0.5 backtests very well from 2000 - 2016 with the exceptions of end year 2008 and year 2009 due to the global recession period.

Use it if you will, if not then don't

I like this one. There might be something in it for furthering a strategy to combat its current drawbacks.

Happy Pipping!

Daniel
Attached File(s)
File Type: ex4 Piggy n The Middle v4-2d.ex4   200 KB | 415 downloads
  • #649
  • May 10, 2016 6:55pm May 10, 2016 6:55pm
Quoting keydcuk
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 {file}
Hopefully this will do your job.
Buy: buffer zero=1
sell: buffer zero=-1
Attached File(s)
File Type: mq4 VelocityWaves.mq4   5 KB | 386 downloads
Forex; the game of movements not the game of candles.
  • #650
  • May 10, 2016 7:01pm May 10, 2016 7:01pm
There you go Sajid. Thanks. I tried something similar but missed the other part.
  • #651
  • May 10, 2016 7:05pm May 10, 2016 7:05pm
Quoting guilherme
There you go Sajid. Thanks. I tried something similar but missed the other part.
Welcome Gul. I went heavily short on CADJPY. Lost heavily because of this this week. Now I juiced up my all losses.
Forex; the game of movements not the game of candles.
  • #652
  • May 10, 2016 7:16pm May 10, 2016 7:16pm
Quoting sajidkust
{quote} Hopefully this will do your job. Buy: buffer zero=1 sell: buffer zero=-1 {file}
EXCELLENT! "You're da bomb!" A million thanks.
  • #653
  • May 10, 2016 7:26pm May 10, 2016 7:26pm
Quoting keydcuk
{quote} Thank you for your input. I always wanted to get into Itchimoku but never really got the whole thing. I will have a look at this and see what I can do. As far as Remon's video and strategies, it is not as much that it is like Remon's strategy as it is inspired by his strategy. The main thing that this EA does that Remon's does as well is that it takes profit in retracement or at least Method 1 does. Because of my inability to program with fxdreema buys taking care of sells in a fashion of removing specific losers, I never got to do this...
Hi Daniel... thanks for the reply.

What are the intervals for the round number detector in regards how far apart the trades are opened? I was understanding that if I set it to 5, it would open trades 5 pips apart from each other (at least that's what I'm observing), while the BUY_Trades_Take_Profit_In_PIPS / SELL_Trades_Take_Profit_In_PIPS set to 10, and when the TP is hit, it will close them out (obviously ~ however I've seen that when this number was reached, some trades were not closed out), then calculate the profit and remove some of it from the floating losses before it opens any more.

The setting I have it at... 10 pips BUY_Trades_Take_Profit_In_PIPS / SELL_Trades_Take_Profit_In_PIPS , with 5 set as the rounding number, has a floating loss of 13,000 (300 open trades) pips now, with a gain of 1600 pips... Sorry if this has been repeated before, I've read the posts over a few times and I still get the same notion I have now ~ maybe I'm missing something here?

Before posting this reply ~ took some time to go back to your main post and re-read your reply here. Is the grid the round number detector the Grid Distance's Low and High? Once price reaches the grid, it will then open new trades once its been touched by the price? And close out trades based on the BUY_Trades_Take_Profit_In_PIPS / SELL_Trades_Take_Profit_In_PIPS (I'm referring to the latest version 4.2), because I'm thinking that if its set to 200, it would only open a couple trades every other day since G/Y doesn't really move that much, well, no pair really moves over 200 pips in one day from its low to high.

BTW, have you tried to use StrategyQuant? I think you will find that most helpful ~ I believe they have a free trial available. I purchased it (EA Wizard), but I'm unable to use it as it confuses me to no end.

Best regards,
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #654
  • May 10, 2016 7:30pm May 10, 2016 7:30pm
Quoting sajidkust
{quote} Hopefully this will do your job. Buy: buffer zero=1 sell: buffer zero=-1 {file}
You're still da bomb Saj, but here I only see buffers 0, 1 and 2. Buffer 0 is still the BLUE sell signal but I tried buffer 1 and 2 and neither of them trigger when I try a quick EA test. I see no -1 buffer. Can you help with this?

Thanks,

Daniel
  • #655
  • May 10, 2016 7:52pm May 10, 2016 7:52pm
Quoting FXCyborg
{quote} Hi Daniel... thanks for the reply. What are the intervals for the round number detector in regards how far apart the trades are opened? I was understanding that if I set it to 5, it would open trades 5 pips apart from each other (at least that's what I'm observing), while the BUY_Trades_Take_Profit_In_PIPS / SELL_Trades_Take_Profit_In_PIPS set to 10, and when the TP is hit, it will close them out (obviously ~ however I've seen that when this number was reached, some trades were not closed out), then calculate the profit and remove some...
Yes, you are right in what you are saying... in a 200 pip environment, you will not get many trades. This is how the EA was initially setup until others played around with it. Now a days if you are using a tight grid, there is a method that Tundex is using which involves waiting for London open and start trading around 8:15am GMT. This way you are avoiding the trend which this EA struggles with. Then, when equity hits, you can use an equity manager to close all trades for the day and wait till the next day to trade. I attach this EA if you wish to try this out.

As far as the EA goes, it opens buy/sell positions on each grid step and takes profit where the user sets it. I personally set it mid way to the next grid step. In the large grid case, I find it useful as it takes profit and can miss opening another buy/sell so that it can retrace without leaving anything open at the top or bottom. When it retraces, it looks at the P/L and converts this money amount in a pip value and closes at the pip TP set in the EA. Depending on positions open, this can be anywhere from about 1/3 retrace to 3/4 position. 3/4 position is more assuming there is only 2 or 3 positions to retrace to hit the TP.

I hope this is clear.

Yes, I have looked at Strategy Quant before. I thought I was going to be impressed with it as when I seen the information and watched videos, it made sense in my head. Upon demoing it, I was less than impressed. Maybe there is something I missed when evaluating it? I don't know. I am normally not an indi person as my background of trading is more or less naked charts. I am only using indicators as I a have an interest in building EAs. Having said that, the only 2 EAs that I built don't really use indicators or at least not in the original form. My only real addition is this latest ATR grid size changing version 4-2d. My other EA simply in development, nothing really big yet, uses as principle a 3 level ZZ Semafor indicator. Yes, it is an indicator but I only use it because it is the closest thing I can use to replicate real wave movements by defining HH and LL as well as the mid points where things zig and zag swings high and low or makes breaks. It's not easy because it repaints but I believe I am getting somewhere with it. I have lots of time on my hand at the moment and am striving to get an indicator that trades like a manual trader does without indicators but by using indicators as ironically as this sounds. My quest continues...

If you have any input for anything, or have an EA idea, please feel free to post here or PM me. I am eager to collaborate with anybody who has a clear idea.

Thanks,

Daniel
Attached File(s)
File Type: ex4 simpleAllPairBasketManager122.ex4   43 KB | 329 downloads
  • #656
  • May 10, 2016 8:04pm May 10, 2016 8:04pm
Quoting keydcuk
{quote} Yes, you are right in what you are saying... in a 200 pip environment, you will not get many trades. This is how the EA was initially setup until others played around with it. Now a days if you are using a tight grid, there is a method that Tundex is using which involves waiting for London open and start trading around 8:15am GMT. This way you are avoiding the trend which this EA struggles with. Then, when equity hits, you can use an equity manager to close all trades for the day and wait till the next day to trade. I attach this EA if you...

Thanks Daniel,

EA Wizard is the one you want to try out. StrategyQaunt is for indicators... EA Wizard has been revamped as of late (according to an email update I got recently)... It has most of the StrategyQuant features, as well as the ability to use raw price candle action HLOC strategies (I know quite a lot actually that are effective)... sure, I'll send you a PM at some point and let you assess as your time permits - I like simple approaches to be honest, using the K.I.S.S. method seems to work out better than these complicated ones. I have an EA that works very well, with over 35,000 lines of code in it But it took way too long to build and tweak...lol

I'll check the file out and I'll get back to you with a few strategies I use, and be more than happy to let you share with everyone here too.

Thanks once again, keep up the good work

Best Regards,
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #657
  • May 10, 2016 8:32pm May 10, 2016 8:32pm
Quoting keydcuk
{quote} EXCELLENT! "You're da bomb!" A million thanks.
Sorry for my bad. Please consider the attached one. Below is sample code to get the signal from indicator.

int buffer=0;
int barNo=0;
int read=0;
while(read==0)
{
read=iCustom(NULL,0,"VelocityWaves",1,12,5,3,clrNONE,clrNONE,clrNONE,10,buffer,barNo);
barNo++;
}
if(read==1)
Print("buy");
if(read==-1)
Print("Sell");
Attached File(s)
File Type: mq4 VelocityWaves.mq4   5 KB | 363 downloads
Forex; the game of movements not the game of candles.
  • #658
  • May 10, 2016 8:33pm May 10, 2016 8:33pm


I can't seem to get the Basket Manager to work

I keep getting " Alert: EquitySL/TP:EquityForSL_Close must lower than AccountEquity!! " Notice... Not sure why I've lowered it all to 0.01 percent
Attached Image (click to enlarge)
Click to Enlarge Name: basketmanager.png Size: 55 KB
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #659
  • May 10, 2016 8:36pm May 10, 2016 8:36pm
Quoting sajidkust
{quote} Sorry for my bad. Please consider the attached one. Below is sample code to get the signal from indicator. int buffer=0; int barNo=0; int read=0; while(read==0) { read=iCustom(NULL,0,"VelocityWaves",1,12,5,3,clrNONE,clrNONE,clrNONE,10,buffer,barNo); barNo++; } if(read==1) Print("buy"); if(read==-1) Print("Sell"); {file}
I hate to be a pain to point out issues but this one here I can only see Buffer 0.
  • #660
  • May 10, 2016 8:41pm May 10, 2016 8:41pm
Quoting keydcuk
{quote} I hate to be a pain to point out issues but this one here I can only see Buffer 0.
Sir, I think i am not exactly getting what you need. But don't feel the pain. You are doing a great job. Always feel free to inbox me. If you just need the buy and sell signal. You need to read buffer zero of this indicator. You don't need any other buffer. If splitting the sell signal and buy signal into two buffers is your requirment then please write to me. I will do it.
Forex; the game of movements not the game of candles.
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