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Trend grid

  • #21
  • May 13, 2016 8:00am May 13, 2016 8:00am
Quoting Master Ned
{quote} What combination of HMAs (Hull Moving Averages) are you using? It looks interesting and promising...
I have just programmed a single indicator of the HMA trend (20,80) with ADX filter also. Please try it visually ...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 39 KB
Attached File(s)
File Type: mq4 smDoubleHullMA_v1.mq4   7 KB | 1,522 downloads
  • #22
  • May 13, 2016 10:24am May 13, 2016 10:24am
Quoting SwingMan
{quote} I have just programmed a single indicator of the HMA trend (20,80) with ADX filter also. Please try it visually ... {image} {file}
Thanks!
  • #23
  • May 13, 2016 12:17pm May 13, 2016 12:17pm
Here the last version: smTrend following EA 3.1

Like the indicator smDoubleHullMA_v1 we have a filter for two Hull moving averages and for ADX.

The final result for the same period from 09.02.2016 until today is much better as the original version, but still not good enough...
Test further and have fun!
.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 49 KB
Click to Enlarge Name: Test-GBPUSDH4.PNG Size: 53 KB
Attached File(s)
File Type: mq4 smTrend following EA 3.1.mq4   53 KB | 1,250 downloads
  • #24
  • May 13, 2016 2:42pm May 13, 2016 2:42pm
Could anybody give a clear description of the rules of this system ?
Thanks.
  • #25
  • Edited 5:42pm May 13, 2016 4:43pm | Edited 5:42pm
Here is mine :

You can play with this extern to adjust the place of the rectangle, the font size, and the y space :
(compile to make effective)
extern int font_size = 9;
extern int move_rect_to_rigth = 0;
extern int increase_space_y_number = 19;

I did it my way hein

I did not take any look to the exit, nor to the money management.

edit : little error corrected
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 373 KB
Attached File(s)
File Type: mq4 smTrend following EA_IV.mq4   63 KB | 1,103 downloads
  • #26
  • May 14, 2016 5:29am May 14, 2016 5:29am
Hi,

I have tested a lot of grids ea's and systems.
Making good money during some months then blow the profits ( sometimes the accounts ) in 1 week

Avoid grids ...
  • #27
  • May 15, 2016 6:13pm May 15, 2016 6:13pm
Quoting machine25
Here is mine : You can play with this extern to adjust the place of the rectangle, the font size, and the y space : (compile to make effective) extern int font_size = 9; extern int move_rect_to_rigth = 0; extern int increase_space_y_number = 19; I did it my way hein I did not take any look to the exit, nor to the money management. edit : little error corrected {image} {file}
You made an improvement, but it was not necessary. By pressing the small popup screen with the letter "M", the big popup screen disappears. So it does not matter where this big screen is located.
  • #28
  • May 16, 2016 6:35am May 16, 2016 6:35am
Quoting rexio
{quote} You made an improvement, but it was not necessary. By pressing the small popup screen with the letter "M", the big popup screen disappears. So it does not matter where this big screen is located.
You can backtest whitout the rectangle now.
Did you see the other improvement ? it grid in trend : following a trend.
Result are a little bit better, but it still need a lot of work on it.
  • #29
  • May 16, 2016 9:19am May 16, 2016 9:19am
Quoting machine25
{quote} You can backtest whitout the rectangle now. Did you see the other improvement ? it grid in trend : following a trend. Result are a little bit better, but it still need a lot of work on it.

No, I did not see it. How did you make those changes and what is the logic behind it ?
  • #30
  • May 16, 2016 4:00pm May 16, 2016 4:00pm
You will have to study the code to understand,

the trend is the slope of the WMA, if it trend up, it open buy, else it open sell.

I just made this modification and I added arrow to see better the orders,
  • #31
  • May 16, 2016 5:21pm May 16, 2016 5:21pm
Quoting machine25
You will have to study the code to understand, the trend is the slope of the WMA, if it trend up, it open buy, else it open sell. I just made this modification and I added arrow to see better the orders,
I see what you did. Basically, you added the buy/sell arrow.
Swingman made a similar change. He transferred the indicatorlogic into the main program, but without the arrow.
  • #32
  • May 16, 2016 7:30pm May 16, 2016 7:30pm
Quoting Cobra
e the spreadsheet which details the method. Should i get positive feedback i will share the EA for free here. I am looking for positive feedback and constructive feedback regarding the slippage please. I am not a coder . Someone else coded it for me. Lets discuss this concept and/or any variation of it.....Feel fre to contribute.... {file} {file}
Here are some questions about this method.
What are the preferred settings for this EA ? In other words :

* What are good currencies to trade this?
* What is the best gridsize ?
* What is the best profittarget ?
* The stoploss is equal to the gridsize in this system. Is this the best stoploss or is a bigger stoploss
perhaps better ?
* Does it make sense to use a directional strategy with the help of an indicator or is a random strategy equally well
suited or even better ?

Who has some ideas about these topics ?
  • #33
  • Edited 2:19am May 17, 2016 1:50am | Edited 2:19am
Quoting rexio
{quote} Here are some questions about this method. What are the preferred settings for this EA ? In other words : * What are good currencies to trade this? * What is the best gridsize ? * What is the best profittarget ? * The stoploss is equal to the gridsize in this system. Is this the best stoploss or is a bigger stoploss perhaps better ? * Does it make sense to use a directional strategy with the help of an indicator or is a random strategy equally well suited or even better ? Who has some ideas about these topics ?
I forgot to say : you can choose two timeframe at the same time for the trend, it's the extern :

Inserted Code
extern int short_trend = 1;
extern int long_trend = 60;

The first questions are irrelevant, it all depends on the choosen timeframes for the trend.
Good currency are trending currency, look for starting breakout of resistance.
In my opinion it is better to use an trend indicator, to avoid to sell in up trend, and to buy in downtrend.

With grid, the problem is the closing of order, if price are ranging on the trend timeframe, loss accumulate, as it can be see on posted backtest.

Play also with the period MA to find the best setting when backtesting , and the size of the step.
Only the fast period is used:

Inserted Code
extern int       Fast_Period=10;
input double gridSizeInp=10; //Stop distance pips
  • #34
  • May 18, 2016 12:40pm May 18, 2016 12:40pm
Quoting rexio
{quote} Here are some questions about this method. What are the preferred settings for this EA ? In other words : * What are good currencies to trade this? * What is the best gridsize ? * What is the best profittarget ? * The stoploss is equal to the gridsize in this system. Is this the best stoploss or is a bigger stoploss perhaps better ? * Does it make sense to use a directional strategy with the help of an indicator or is a random strategy equally well suited or even better ? Who has some ideas about these topics ?
The best currencies to trade depend on your settings.
I trade GBPUSD<GBPJPY<EURJPY<AUDUSD>AUDJPY>USDJPY<USDCAD<EURUSD
Grid size depends on the spread. GBPUSD i do a 10 pip grid and GBPJPY a 15 pip grid
Yes it is better to have a directional strategy, but that is not so easy in practice....the EA idea actually came up due to the fact that the market is mostly random and the EA will have you in the right direction should price take off in a direction
One way of applying the EA is to open a basket of currencies and then just wait when a decent profit is achieved before closing all. I have great success in doing this. Micro lots on 10 pairs has served me well. So you can basically use it to scalp with the basket.
Currencies which give large swings like the GBPJPY can put you in a drawdown , but profit is guaranteed depending on your tolerance for drawdown.
Paper trade the method on a make shift grid and you will see the potential. It is not the holy grail but it does work depending on what type of trader you are.
Never Ever Give Up!
  • #35
  • May 18, 2016 1:00pm May 18, 2016 1:00pm
Here is a typical basket trade with 8 currencies done on a demo acc.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 32 KB
Never Ever Give Up!
  • #36
  • May 18, 2016 1:20pm May 18, 2016 1:20pm
A grid who dont gets killed on ranging markets is something really cool , subscribed


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...
  • #37
  • May 18, 2016 1:23pm May 18, 2016 1:23pm
Quoting SwingMan
Thank you @Cobra! In the "Piggy" thread http://www.forexfactory.com/showthre...05#post8921805 wrote @yonnie rightly: "...your grid system is clearly profitable only in trending conditons." In a trend system I use a template like this: - two Hull moving averages - an indicator with RSI and Stochastic - ADX indicator To start a "trending" grid system I believe that to minimize the ranging risc we can #start - if the moving average colors are identical and ADX > 20 #stop - if the moving average colors are different or ADX<20 As...
Cool stuff , thanks for sharing
  • #38
  • May 18, 2016 1:26pm May 18, 2016 1:26pm
Quoting RicardoDS
{quote} Cool stuff , thanks for sharing
Feel free to discuss and improve...
Never Ever Give Up!
  • #39
  • May 18, 2016 2:19pm May 18, 2016 2:19pm
The EA is good, it use bitmap and button, which i did not know how to use.

In the EA posted by swingman, (the one I downloaded), there was no automatic trend setting, the user has to choose if he wanted to buy or to sell, or to do both; by default it was both. The option was the input "TD", if 0 buy, if 1 sell, if 2 both.

I changed it for easier understanding.


There is a money management in it, which is kind of martingale. In grid, the ranging market will produce a serie of loss, and increasing the lot will increase the loss.

Look at the backtest, did you notice it ? increasing lot increase loss.

Another money management would be better, decreasing lot when loosing,
Attached File(s)
File Type: mq4 smTrend following EA_V.mq4   63 KB | 1,467 downloads
  • #40
  • May 18, 2016 3:40pm May 18, 2016 3:40pm
Quoting Cobra
Here is a typical basket trade with 8 currencies done on a demo acc. {image}
Hallo Cobra,
Thank you for your input. A basket of currencies is indeed an interesting idea.

In the first post, you mentioned :

| The only challenge i have with it is when the broker slips my orders and therefore skips the level. Skipping a level can be
| problematic as it interferes then with the sequence and ultimately with the profit.

This happened in my tests today and yesterday. Especially, when price is rapidly moving around (for example because of news), the EA is not able to perform its regular sequence of orders.

It is not yet clear yet how this can be solved. At this moment, the only solution seems to be to interfere manually, when such things happen.

An idea might be, to suspend (stop temporarily) the working of the EA during strong newsevents. On the other hand, this might prevent you from entering into orders that prove to be good afterwards.
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