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Free EA - Piggy n The Middle

  • #941
  • Jun 5, 2016 2:08pm Jun 5, 2016 2:08pm
Quoting goldcourse
{quote} Great I'm all for finding a way out of high DD. Looking forward to your recommendations.

I think we have a few options to minimize opening positions in the wrong direction (and thus minimize the DD)
- can we look at the longterm MA and only open accordingly (for example: buy if price below moving average)
- We can maybe use a "accellorator" indicator to avoid opening positions during sudden spikes
- combine with a divergence indicator

When the markt goes against the position, the grid-strategy from piggy would optimize the results.
Being good at what you do is a result of having fun
  • #942
  • Jun 5, 2016 3:43pm Jun 5, 2016 3:43pm
Quoting Egosuma
{quote} I think we have a few options to minimize opening positions in the wrong direction (and thus minimize the DD) - can we look at the longterm MA and only open accordingly (for example: buy if price below moving average) - We can maybe use a "accellorator" indicator to avoid opening positions during sudden spikes - combine with a divergence indicator When the markt goes against the position, the grid-strategy from piggy would optimize the results.
Hi Egosuma,
They could be of major deployments to think and start doing some tests.
I'll try to include them within the code to understand how to use them best.
Thank you
  • #943
  • Jun 5, 2016 5:03pm Jun 5, 2016 5:03pm
Thanks for sharing this brother! I'm curious to see a snippet of the code. I'm a programmer myself and I had no idea about the software you're talking about. I might install it now and give it a shot. I don't think it would be as flexible as myself though lol
  • #944
  • Jun 6, 2016 7:19am Jun 6, 2016 7:19am
Quoting msg1987
Thanks for sharing this brother! I'm curious to see a snippet of the code. I'm a programmer myself and I had no idea about the software you're talking about. I might install it now and give it a shot. I don't think it would be as flexible as myself though lol
I think you would be very surprised with all the things you can do with it. Being a coder, I think it would speed up things as well as you can just add blocks visually rather than to program it. Something that may take you an hour may take you 5-10mins. Also, the software allows you to add code... so where there is not a function with the software on any of the programming blocks, you just add what you need.

If I was an expert coder, I think I would still use fxdreema. It is easy to use and as I said, you can add your own code to what isn't there...

http://www.forexfactory.com/showthread.php?t=590741

This is a very slow thread of mine, but please feel free to subscribe. It doesn't have huge interest but myself and a friend called Guilherme are often happy to support.

Please note, I am not affiliated with the software, just an avid enthusiast.

Daniel
  • #945
  • Jun 6, 2016 8:25am Jun 6, 2016 8:25am
Quoting keydcuk
{quote} I think you would be very surprised with all the things you can do with it. Being a coder, I think it would speed up things as well as you can just add blocks visually rather than to program it. Something that may take you an hour may take you 5-10mins. Also, the software allows you to add code... so where there is not a function with the software on any of the programming blocks, you just add what you need. If I was an expert coder, I think I would still use fxdreema. It is easy to use and as I said, you can add your own code to what isn't...

Thank you! Yeah I had a quick look at it and it seems amazing. Thanks again!
  • #946
  • Jun 10, 2016 4:43pm Jun 10, 2016 4:43pm
The weekly screeny of forward testing.
Huge trend this week. Lots of DD. Good news; when strong trend with lots of DD, the margin requirements are relatively not as steep due to the single-sidedness of the positions. Still, a DD of 1250,- is something to consider.
On the plus side, the strategy has made a profit of 1200,- in 3 weeks.
My backtesting and settings were done optimizing on a 10k initial deposit, so this is well within target.
My max DD of 8k has also not been met, so far "all in the green"

Lets see how next week develops.
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Being good at what you do is a result of having fun
  • #947
  • Jun 10, 2016 9:12pm Jun 10, 2016 9:12pm
Update....
June 6 - June 10

The demo went into deep DD (86.37%) and margin down to as low as 200%.
There was not enough of retrace to counter the upward movement due to NFP and a weak USD .
With some manual intervention, the account grew 5.28% for this week.
Lesson learn ....

1). Avoid trading during NFP.
2). Account size shud at least be 3K for every 0.01 lot traded.
  • #948
  • Jun 11, 2016 6:25am Jun 11, 2016 6:25am
Backtest for 4 months since this February until now. max DD was 56.25% and actually it made me lose all on January in 2016. it is risky but most of big DD occurred at Newyork time from opening for 5 hours. if anyone can add some script for not trading those hours, it will be much better for this strategy.
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  • #949
  • Jun 11, 2016 8:33am Jun 11, 2016 8:33am
Quoting airu
Backtest for 4 months since this February until now. max DD was 56.25% and actually it made me lose all on January in 2016. it is risky but most of big DD occurred at Newyork time from opening for 5 hours. if anyone can add some script for not trading those hours, it will be much better for this strategy. {image}
There is already an option for trade days and trade hours but be aware that if you have any open trades when the hours or trade days are not active, it will still keep what you have open active.

Daniel
  • #950
  • Jun 18, 2016 5:38am Jun 18, 2016 5:38am
Could anyone tell me why my backtesting always fail?Thank you

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Flynn
  • #951
  • Jun 18, 2016 5:52am Jun 18, 2016 5:52am
Quoting flynn91
Could anyone tell me why my backtesting always fail?Thank you {image} Flynn
There are many reasons why a backtest could fail.

You can't expect and EA to perform great for a start balance of 100 $, £, EUR or whichever currency it is.

Daniel
  • #952
  • Jun 18, 2016 8:53am Jun 18, 2016 8:53am
Update.....
June 13 to June 17

Finally, the retrace happened on June 15 but too bad it closed with a -28% due to the setting of a too tight TP of 15 pips.
Overall the balance stands at +32.55% at close on Friday.... Still admirable !
I have changed the settings from June 15 onwards to... TP 30(Buy & Sell) , RoundNumbersPips to 20.
let's see coming week......
  • #953
  • Jun 19, 2016 6:01am Jun 19, 2016 6:01am
No screeny this week.
Last week I decided to download historical data and run some backtests on a longer period. This succeeded.
Then I decided to run an optimizer on a 15 year period. After a few days, the results came in. I was flabbergasted.
The settings found gave a 90% profit monthly.
So I tested some more, and some more, and some more. Made cross sections, partial tests etc etc...
Could not sleep a night, it seemed to good to be true.
So the new settings to forward testing. The results were short of amazing.... No profit at all this week. Only 1 opened trade.

So I plotted the details of each opened trade from the backtest, and started my investigation.
Basically, the historical data that was imported was incorrect. This was only visible when plotting the visual testresults. (which I normally dont do for time reasons)
So I reverted back to my original settings.
I am curious what the brexit will do. Probably create a huge spike in the market. And how piggy will handle this in practice.

Then, if i am happy, I will probably open a real account with lower leverage, and start trading for real.
I am thinking that a lower leverage will decrease the margin requirements and the Drawdown.
Being good at what you do is a result of having fun
  • #954
  • Jun 19, 2016 6:18am Jun 19, 2016 6:18am
Quoting flynn91
Could anyone tell me why my backtesting always fail?Thank you {image} Flynn
This EA is a grid system. So it opens trades on set intervals (buy and sell) and tries to get out of each position (the accumulated buys or the accumulated sells) at a profit.
This means you can and will expect a huge drawdown.
You need to find a sweet spot between
- initial deposit
- the settings of the ea
- the leverage of the trading account
- the risk appetite you are willing to take.
- when to run the ea.

You must do the following:
- test test and test the ea, until you get a feeling for it and it is suitable for you.
For each person and for each account "acceptable settings" will be different.

For example, gbp/usd was pretty much ranging last few months. I think the approaching brexit plays a key role in this.
The ea could ghave run with very agressive settings. (more agressive makes more profit, but will make more drawdown)
I expect the brexit event itself to cause a spike in the market, followed by a trend. Running this ea on the same agressive settings can easily cause high drawdown and blow up an account.

Hope this helps.
Being good at what you do is a result of having fun
  • #955
  • Jun 24, 2016 4:11pm Jun 24, 2016 4:11pm
screeny of the system during brexit.
As expected, we see a nice display of red and blue lines.
The profit was good, and the margin requirements were lower than expected.
However, the strangest thing happened; the drawdown was a lot higher that the margin used !
at a certain point, the DD was 12k, and the margin requirements only 6k.
I asked my broker how this could be and await the response.
Attached Image (click to enlarge)
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Being good at what you do is a result of having fun
  • #956
  • Jun 24, 2016 7:57pm Jun 24, 2016 7:57pm
Update.....
June 20 to June 24

The volatility of the BREXIT event contributed to Piggy's good performance.
DD for the week was below 18% .
Profit for the week was +27%.
Accumulated profit is now +64.98%
  • #957
  • Jun 25, 2016 4:49am Jun 25, 2016 4:49am
Quoting goldcourse
Update..... June 20 to June 24 The volatility of the BREXIT event contributed to Piggy's good performance. DD for the week was below 18% . Profit for the week was +27%. Accumulated profit is now +64.98%
I guess your acc is demo? Because the spread and slippage have been huge several times as the referendum results came out, such as at 23:17 uk time, none of your trades would have been filled properly with most retail brokers I'm afraid your performance is qui theoretical
You'll always miss 100% of the shots you don't take.
  • #958
  • Jun 25, 2016 7:27pm Jun 25, 2016 7:27pm
Quoting Edorenta
{quote} I guess your acc is demo? Because the spread and slippage have been huge several times as the referendum results came out, such as at 23:17 uk time, none of your trades would have been filled properly with most retail brokers I'm afraid your performance is qui theoretical
Yes, the acc is demo as mentioned in my posts.
The spread for AUDUSD did widen but orders were still filled by my broker.
However, I'm using a 20 pips gap.
  • #959
  • Edited 11:23am Jun 29, 2016 10:21am | Edited 11:23am
hi

i have a question regrding piggy

Its taking trades corectly but not managing them the way it should

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these are my settings

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I have the same ea on a different account and its managing them corectly


What im trying to do is to combine piggy and hft ea on the sme pair. In theory i want piggy to make profits when there is a ranging market and hft to recover the loses of piggy when the price goes into a strong trend . Im trying two accounts in one hft is on a 1h chart an on the other on a 4h chart. The problem is that piggy is behaving totaly crazy on one account...

Any idea why??
  • #960
  • Jun 29, 2016 11:03am Jun 29, 2016 11:03am
Quoting Alianzer
hi i have a question regrding piggy Its taking trades corectly but not managing them the way it should {image} these are my settings {image} I have the same ea on a different account and its managing them corectly What im trying to do is to combine piggy and hft ea on the sme pair. In theory i want piggy to make profits when there is a ranging market and hft to recover the loses of piggy when the price goes into a strong trend . Im trying two accounts in one hft is on a 1h chart an on the other on a 4h chart. The problem is that piggy is behaving...

Slippage / broker freezelevel most probably as your step is quite tight
You'll always miss 100% of the shots you don't take.
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