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Free EA - Piggy n The Middle

  • #681
  • May 11, 2016 10:09am May 11, 2016 10:09am
thanks for this EA.

I think a good option to reduce the DD and be prepared for a possible trend, would be that from a number of grid X, then the highest buy and sell were lower twice.

Example, we have several open trades between 156.2 and 156.7 have put a GRID of 5 pips, and GRID maximum of 50 pips with a lot of 0.01, which Sell is lowest at 156.2 and buy more high at 156.7, with the highest purchase will be 0.02 pips and the highest sales will be 0.02 pips, only the upper and lower orders, all other orders that occur between the grid will be 0.01.

would that be possible?

sorry for my bad english.
  • #682
  • May 11, 2016 10:49am May 11, 2016 10:49am
Quoting Clipi
thanks for this EA. I think a good option to reduce the DD and be prepared for a possible trend, would be that from a number of grid X, then the highest buy and sell were lower twice. Example, we have several open trades between 156.2 and 156.7 have put a GRID of 5 pips, and GRID maximum of 50 pips with a lot of 0.01, which Sell is lowest at 156.2 and buy more high at 156.7, with the highest purchase will be 0.02 pips and the highest sales will be 0.02 pips, only the upper and lower orders, all other orders that occur between the grid will be 0.01....
At this point I have not been able to have the EA come up with increasing lot conditions but I will see what I can do.
  • #683
  • May 11, 2016 11:37am May 11, 2016 11:37am
Thanks a lot for the EA. Downloaded it today, using v4-1 and can already see how cool it is...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 15 KB

Right now testing it on GBPUSD, EURUSD and EURGBP pairs.
  • #684
  • May 11, 2016 12:03pm May 11, 2016 12:03pm
Quoting rajib4
Thanks a lot for the EA. Downloaded it today, using v4-1 and can already see how cool it is... {image} Right now testing it on GBPUSD, EURUSD and EURGBP pairs.
Don't forget to test 2014, 2013 and especially 2012...
  • #685
  • May 11, 2016 12:07pm May 11, 2016 12:07pm
Quoting keydcuk
{quote} At this point I have not been able to have the EA come up with increasing lot conditions but I will see what I can do.
I would be very grateful if you could make changes. I attach an example:
Attached Image (click to enlarge)
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  • #686
  • May 11, 2016 12:18pm May 11, 2016 12:18pm
Quoting keydcuk
{quote} At this point I have not been able to have the EA come up with increasing lot conditions but I will see what I can do.
I'm currently testing the EA 4.2 on a small account 400e.
grid 10 pips
TP = 100pips
10% TP equitity
equitity SL 50%
run 09:30 (GMT) to close% and avoid major news days (tomorrow does not work)
in extreme situations I modified parameter BUY lot grid set UP to 0.02 and SELL lot grid set DOWN to 0.02 and EA has recovered.
that makes me think that the changes I have mentioned might help a little when it comes into trend ...
  • #687
  • May 11, 2016 12:27pm May 11, 2016 12:27pm
Quoting rajib4
Thanks a lot for the EA. Downloaded it today, using v4-1 and can already see how cool it is... {image} Right now testing it on GBPUSD, EURUSD and EURGBP pairs.
You're welcome and welcome to the thread! Feel free to share ideas if you think there are ways you think might make it perform better. It is not easy as after all it is a grid EA.

Daniel
  • #688
  • May 11, 2016 12:29pm May 11, 2016 12:29pm
Quoting MasterGuru
{quote} Don't forget to test 2014, 2013 and especially 2012...
DON'T TELL HIM THAT!

Just kidding

Yes, 2015 seems to be a very easy trading year for grid EAs. Other years must be considered.
  • #689
  • May 11, 2016 12:34pm May 11, 2016 12:34pm
Quoting Clipi
{quote} I would be very grateful if you could make changes. I attach an example: {image}
As said, I will have a look at this but I have not been very successful so far in having an increasing lot condition. I will see what I can do.
  • #690
  • May 11, 2016 12:37pm May 11, 2016 12:37pm
Quoting Clipi
{quote} I'm currently testing the EA 4.2 on a small account 400e. grid 10 pips TP = 100pips 10% TP equitity equitity SL 50% run 09:30 (GMT) to close% and avoid major news days (tomorrow does not work) in extreme situations I modified parameter BUY lot grid set UP to 0.02 and SELL lot grid set DOWN to 0.02 and EA has recovered. that makes me think that the changes I have mentioned might help a little when it comes into trend ...
This is one of the rare occasions that higher DD is better for long term profitability. I have backtested the 0.02/0.01 buy/sell and 0.01/0.02 sell/buy situation and long term it is more profitable to have a slightly larger DD for long term profitability. In most cases I have tested this would not be the case. This is an exception.
  • #691
  • May 11, 2016 1:10pm May 11, 2016 1:10pm
Today was a very good day for PIGGY on DAX, +413 points about triple the daily range, but I have to admit, that is not every dax the case. Usually I trade a similar strategy manually successfully on Renko charts. As you may notice on my renko chart below, there was a 50-point drop this afternoon with 14 bearish candles in a row.
In such a scenario I would not go long until the first bullish candle, but Piggy did three times. The problem with grid systems is the static grid distance in a trending market, as we all know.
I don't know, whether one can code this in Piggy, f.i. increasing the static distance, in my case on DAX 10-15 points, till to the next bullish/bearish 3-brick candle,
just an idea...of course applicable for currencies, as well.
Attached Image (click to enlarge)
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Happy trading and good evening, jdva
I never lose - either I win or I learn...
  • #692
  • May 11, 2016 1:27pm May 11, 2016 1:27pm
Quoting jdva
Today was a very good day for PIGGY on DAX, +413 points about triple the daily range, but I have to admit, that is not every dax the case. Usually I trade a similar strategy manually successfully on Renko charts. As you may notice on my renko chart below, there was a 50-point drop this afternoon with 14 bearish candles in a row. In such a scenario I would not go long until the first bullish candle, but Piggy did three times. The problem with grid systems is the static grid distance in a trending market, as we all know. I don't know, whether one...
I have 2 versions that are based on dynamic grid range. One is v4-2d which is based on daily ATR. I suppose I could modify so that the ATR reading can be done from different time frames. It is currently just daily. The other version I had created was an experimental version that opens at candle opens rather than have any other calculation. I found this version not very great. I had it opening on 4H, Daily, every 2-3 days and finally the weekly candle which I ramped the TP at 200 pips. This was ok ish but not really gone anywhere as it is not good on its own. This is vX1.

It would be easier for me if there is an indicator that can calculate a factor of dynamic distance as working with Renko can be a pain for EAs as they are offline charts and also people use different renko chart builders.

If you have a clear defined idea of something you want to try, feel free to give me clear details and I will at least try to program it.

Daniel
  • #693
  • May 11, 2016 2:33pm May 11, 2016 2:33pm
Quoting mojepole
{quote} again today looks ok if Piggy stops now. {image}
Hi All,

Again Piggy 4a did well today on DAX30. I turned it off 6 pm with over 4%.
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  • #694
  • May 11, 2016 4:26pm May 11, 2016 4:26pm
Quoting Cobra
Dear traders ​ I have a grid EA which i have been working on for some time and which is profitable.
The system looks very nice. Can You show us the results of your grid system? Are You using a live account or demo? How long do You trade with this system?
  • #695
  • May 11, 2016 4:37pm May 11, 2016 4:37pm
BIT OFF THE TOPIC:

Just thought I would share with you something to show you that you can still profit if you trade less winners than losers so long as you have good money management.

Even though a lot of the non-winning trades are trades that got stopped at a break even "0" pips, it still shows your that 22.29& profitable trades can still make money!

Daniel
Attached Image (click to enlarge)
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  • #696
  • May 11, 2016 4:47pm May 11, 2016 4:47pm
Quoting MasterGuru
{quote} Don't forget to test 2014, 2013 and especially 2012...
its completely useless to backtest an expert advisor during days with high impact news..

its obvious that every strategy will suffer during 100+pips moves..

you should also use at least 99,9% tick data and as usual most backtest don't go further than 90% ad even so backtests are unreliable, no matter the results

a savvy coder once told me that backtest are only usefull when you need to speedtest the correct functionality of an expert advisor

nothing more, nothing less
  • #697
  • Edited 10:54pm May 11, 2016 5:55pm | Edited 10:54pm
Quoting Cobra
Dear traders ​ I have a grid EA which i have been working on for some time and which is profitable. It has increased lot size , BUT not martingale It gives drawdown , But the drawdown is ALWAYS overcome when the market moves ( Trend) Lot size and size of grid will determine your success. I have not seen something similar elswhere and feel i should share it here today. The only challenge i have with it is when the broker slips my orders and therefore skip the level. Skipping a level can be problematic as it interferes then with the sequence...
Cobra,

nice effort, but profit is depending on a trend being there on the day.
if not, the drawdown for your system in a ranging period can be very large, seeing that you raise your lot size every time the grid level is hit again.
so if price gyrates between +1 and -1 level 5 times your 5 buy orders at +1 level your lot size has increased to 0.1 - 0.2 - 0.3 - 0.4 and 0.5 lots and losses of $ 10 + 20 +30 + 40 + 50 = $ 150
the same for your sell orders at -1 = $ 150 loss.
also all the losses from the 0 level.

what is your reasoning for upping the lot size every time you hit a grid level again?
would it be smarter to raise the lot size only (if at all) when price moves out of a congestion zone?
would advise to use the EA on the worst choppy weeks in the last few years to see what you can expect in the future.
have you tried that? doubt the drawdown will ALWAYS be overcome quite frankly.......

imo there is no way to avoid slippage with small grid steps like 10 pips.

your grid system is clearly profitable only in trending conditons.
imo you need to minimize losses in ranging conditions for your system to be viable long-term.
also don't be married to one particular pair: one is ranging, another one might be trending.

timmy described a dual entry system for a trending grid in this thread.
did you have a look at that one?

good luck.
  • #698
  • May 11, 2016 8:28pm May 11, 2016 8:28pm
And piggy is a money machine! only 3 days and make 10% of the account. Will test for a month
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  • #699
  • May 12, 2016 2:22am May 12, 2016 2:22am
Quoting ryszardw
{quote} The system looks very nice. Can You show us the results of your grid system? Are You using a live account or demo? How long do You trade with this system?
Moved here: http://www.forexfactory.com/showthre...80#post8922180
Never Ever Give Up!
  • #700
  • May 12, 2016 2:22am May 12, 2016 2:22am
Quoting yonnie
{quote} Cobra, nice effort, but profit is depending on a trend being there on the day. if not, the drawdown for your system in a ranging period can be very large, seeing that you raise your lot size every time the grid level is hit again. so if price gyrates between +1 and -1 level 5 times your 5 buy orders at +1 level your lot size has increased to 0.1 - 0.2 - 0.3 - 0.4 and 0.5 lots and losses of $ 10 + 20 +30 + 40 + 50 = $ 150 the same for your sell orders at -1 = $ 150 loss. also all the losses from the 0 level. what is your reasoning for upping...
Moved to here: http://www.forexfactory.com/showthre...80#post8922180
Never Ever Give Up!
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