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Expanding Grid

  • #1,801
  • Jun 20, 2016 3:48pm Jun 20, 2016 3:48pm
TIP:
The news events is not the one that makes EG104 to fail. It is the available capital.
if you want the EA to succeed, deposit money and reduce charts setups. Less trading with more money. target 1% percent or less per day and you will be happy in three months. Do the compounded math and you will see it.
good luck trading!
bauta
  • #1,802
  • Jun 20, 2016 3:53pm Jun 20, 2016 3:53pm
Dear Bauta

Do you see why it is not trading? It sais: Trade not allowed live on this account.
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  • #1,803
  • Jun 20, 2016 3:56pm Jun 20, 2016 3:56pm
Quoting bauta
{quote} DayTarget can be use on any EA but Closure mode integration will be on EG104 only. For other EAs you will need to use Forced_Mode only and stop the other EA manually. Other EA, none EG104, may open orders and DayTarget may close them creating undesired effect. I do recommend you program other EAs to check dclosure and nclosure variables before opening new positions. bauta
I know I'm learning because that made sense to me. Thanks man!

"EG104 does not uses stop loses, any kind (money, level, time, account percent, etc). EG104 is a grid system that needs to close its cycles using its build in algorithms.
Any stop loss will make the EA to fail. I did try it before and the EA failed."

Thanks Bauta, more things are starting to make sense. I'm just taking it one day at time. Thanks my man!

BoHanna
  • #1,804
  • Jun 20, 2016 3:59pm Jun 20, 2016 3:59pm
Quoting BoHanna
{quote} Sorry Bauta, and Route206, my words don't always come out the way I meant them to. Allow me to clarify. If I'm fifty cents away from hitting target and my target hits yet I have 6 pairs in loss...does the loss of the losing pairs affect my overall daytarget win? Or am I simply winning and losing at same time until other pairs close which I can't tell because "disable" doesn't show up? Now I don't even know what the hell I'm saying. LOL. Maybe I'll try to explain next week unless I've made sense to someone. Take care. BoHanna
you need to see DayTarget as a whole terminal EA, it is as a basket full of charts and setups all together.
when you uses DayTarget, it looks at the total realized and unrealized profit to close or to mark the target. If you have 6 position losing and one wining, the wining position will close the cycle at its own target and then open new cycle. it will continue trading till all the positions as a basket, all together, hit DayTarget target. the whole terminal must hit target.

for news events is different, for news events DayTarget will set the whole terminal in closure mode, then resume after the event. This closure mode works only with EG104.
Closure mode is not a guaranty of closure before news, it is an slow down and reduction of exposure before the news release.
if you want to give up some losses before the news, to force closure, you may change CONTINUE=false and set TakeProfit to a negative number. Example: TakeProfit=-25 (this target is in money, not in pips)
after the news and to resume trading on that chart I always recommend to drop the EG104 again to the chart to be sure you reset to defaults, then change your parameters back. Example: lately I am changing g_GridFactor=6
bauta
  • #1,805
  • Jun 20, 2016 4:12pm Jun 20, 2016 4:12pm
I will read your last post many times as i do my test. Genius you are, it may seem simple to you but for some of us it takes a minute to sink in. You do a very good job of explaining your product though. I feel a lil bit smarter everytime i read your responses. Thanks again.

BoHanna
  • #1,806
  • Jun 20, 2016 4:28pm Jun 20, 2016 4:28pm
Hi Bauta , can I ask you a question please;
My broker have maximum lot limit , it is 10 lot. what should I do when reach my positions to max. limit ?
Thank you and regards...
(My account is cent account)
https://tracking.avapartner.com/_RwAAA
  • #1,807
  • Jun 20, 2016 10:47pm Jun 20, 2016 10:47pm
STATUS *TARGETED*....It's beginning to make more sense now. Even though it didn't say "disabled" EURJPY kicked in with other EA and finished the job. It just slowed things down like Bauta said but it did continue.

BoHanna
  • #1,808
  • Jun 21, 2016 12:42am Jun 21, 2016 12:42am
Quoting akkus45
Hi Bauta , can I ask you a question please; My broker have maximum lot limit , it is 10 lot. what should I do when reach my positions to max. limit ? Thank you and regards... (My account is cent account)
Hi, akkus45, I checked your posts before, your start lot is 0.1 also. I believe this due to the broker also.
  • #1,809
  • Jun 21, 2016 1:37am Jun 21, 2016 1:37am
Quoting Sunnybeach
{quote} Hi, akkus45, I checked your posts before, your start lot is 0.1 also. I believe this due to the broker also.
Thanks Sunny.
I will up it to 1 start lot ,when increase my account . Then my one position will to be like this : 1 , 2 , 4 , 8 and 16 in 5. step. And expert can't open 16 lot because broker have 10 lot maximum lot limit . in this case , what should we make please ? Regards...
https://tracking.avapartner.com/_RwAAA
  • #1,810
  • Jun 21, 2016 1:59am Jun 21, 2016 1:59am
Quoting akkus45
{quote} Thanks Sunny. I will up it to 1 start lot ,when increase my account . Then my one position will to be like this : 1 , 2 , 4 , 8 and 16 in 5. step. And expert can't open 16 lot because broker have 10 lot maximum lot limit . in this case , what should we make please ? Regards...
It looks if we start 0.01 lot, then 10 level, 10.24 lot required to recover back.
I found some pro-cent account(like ECN), for instance Roboforex, start from 0.1 lot but maximum lot is 100 lot. Some fixed spread account has large spread which is not good for giad system.

It is difficult for me also to find a cent account like this. Hope someone can help.
  • #1,811
  • Jun 21, 2016 2:16am Jun 21, 2016 2:16am
Quoting akkus45
{quote} Thanks Sunny. I will up it to 1 start lot ,when increase my account . Then my one position will to be like this : 1 , 2 , 4 , 8 and 16 in 5. step. And expert can't open 16 lot because broker have 10 lot maximum lot limit . in this case , what should we make please ? Regards...

loook akkus:

http://www.forex4you.com
  • #1,812
  • Jun 21, 2016 9:04am Jun 21, 2016 9:04am
Quoting akkus45
{quote} Thanks Sunny. I will up it to 1 start lot ,when increase my account . Then my one position will to be like this : 1 , 2 , 4 , 8 and 16 in 5. step. And expert can't open 16 lot because broker have 10 lot maximum lot limit . in this case , what should we make please ? Regards...
For now the solution is change broker. I may revise EG104 to add some multiple lots orders.
Think like this: Why the broker limit the lot quantity?
The broker does not want you to trade on full terms, they want to trap you in martingale and kill your account. That is one of the unfair practices from the brokers.
when I see a broker with this type of limits, my brain rings bad broker. That is a sign of bad practice.
suppose I change the EA to do multiple orders, example: to buy 16 send 10 and then 6, this may help a bit but the broker will do something to get rid of you.
Let me explain it differently, you are in a fight with someone, you see him showing a manual gun. You ask me to help you because you are limited in the fight, I comes and I handle you a knife to cut little by little. Do you think you will win the fight?
My recommendation: Change the broker, it has a gun.
bauta
  • #1,813
  • Jun 21, 2016 9:09am Jun 21, 2016 9:09am
Quoting Sunnybeach
{quote} It looks if we start 0.01 lot, then 10 level, 10.24 lot required to recover back. I found some pro-cent account(like ECN), for instance Roboforex, start from 0.1 lot but maximum lot is 100 lot. Some fixed spread account has large spread which is not good for giad system. It is difficult for me also to find a cent account like this. Hope someone can help.
look at this cent account: https://paxforex.com/forex-account-types
  • #1,814
  • Edited 10:10am Jun 21, 2016 9:12am | Edited 10:10am
Nice, I love it. (real cent account trade)
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  • #1,815
  • Jun 21, 2016 10:49am Jun 21, 2016 10:49am
Quoting bauta
{quote} I may revise EG104 to add some multiple lots orders.bauta
Thank you Bauta , I was think you can make a code for sending big lots in fragmentary . It is true , we are in a fight , and brokers are fighting against us especially in cent accounts. Regards...
https://tracking.avapartner.com/_RwAAA
  • #1,816
  • Jun 21, 2016 11:24am Jun 21, 2016 11:24am
Quoting bauta
Nice, I love it. (real cent account trade) {image}
9 level.

In this case who can we reduce the levels. With the H1/H4 fractals?
  • #1,817
  • Jun 21, 2016 11:28am Jun 21, 2016 11:28am
[Quote = bauta; 8991498] Niza, me encanta. (Comercio cuenta real ciento) {image} [/ quote]
Good !!!!
  • #1,818
  • Jun 21, 2016 11:57am Jun 21, 2016 11:57am
Quoting gilfx
{quote} 9 level. In this case who can we reduce the levels. With the H1/H4 fractals?
Any time frame is the same result. EG104 does not use the chart time frame. it uses a build in virtually coded chart with it own time frame.
Changing the chart time frame causes not effect. visually only.
  • #1,819
  • Jun 21, 2016 1:10pm Jun 21, 2016 1:10pm
Quoting bauta
{quote} Any time frame is the same result. EG104 does not use the chart time frame. it uses a build in virtually coded chart with it own time frame. Changing the chart time frame causes not effect. visually only.
Ok Bauta,

But if you change the fractal M1 to H1/H4, it will be, perhaps, possible to reduce levels.
  • #1,820
  • Jun 21, 2016 3:09pm Jun 21, 2016 3:09pm
Closure sample on an standard account. (AaaFX)
Note how a sell low closes at high for profit. Nice cycle. This is the power of symmetry.
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