Accumulative Profits Grid System | Page 211 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Grid (not grid system) or horizontal lines indicator 6 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Forgot how to add MA to Accumulative Distribution 3 replies

The Accumulative Swing Index (ASI) from 'New Concepts In Technical Trading Systems' 1 reply

Accumulative Swing Index Indicator for MT4 2 replies

Attachments: Accumulative Profits Grid System
Exit Attachments

Accumulative Profits Grid System

  • #4,201
  • Edited 4:18am Jun 23, 2016 3:55am | Edited 4:18am
You're not doing anything wrong, any backtest with a martigrid system will probably fail in the longterm. This kind of systems are supposed to be constantly monitored, and used in safe hours. London/USA sessions, tend to trend and that's not good to this kind of EA.

If you check carefully you will note that this kind of EA's fails always on the same days, when there's movements of about 150-300 pips, with no retracement, in the same direction.
So, you have to try to avoid trading before news events, fridays or events like brexit.

This EA have a good and constant result when the pairs movement is ranging. If you "eliminate" those nasty volatile days yours backstests would have better results with no account blown.

Trade safe.
  • #4,202
  • Jun 23, 2016 4:39am Jun 23, 2016 4:39am
Quoting kornrogers
..... If you check carefully you will note that this kind of EA's fails always on .....
exactly!
This is why I wanted to do a long backtest-period. To identify the "run under these conditions" periods.
Step 1 is identifying them, step 2 is being able backtest the findings.

How do we for example backtest for "not trade on Friday when the most news comes"
Being good at what you do is a result of having fun
  • #4,203
  • Jun 23, 2016 4:51am Jun 23, 2016 4:51am
Quoting kornrogers
You're not doing anything wrong, any backtest with a martigrid system will probably fail in the longterm. This kind of systems are supposed to be constantly monitored, and used in safe hours. London/USA sessions, tend to trend and that's not good to this kind of EA. If you check carefully you will note that this kind of EA's fails always on the same days, when there's movements of about 150-300 pips, with no retracement, in the same direction. So, you have to try to avoid trading before news events, fridays or events like brexit. This EA have a...
Hi kornrogers,
No offense, just wonder how do you have such confidence to say each time the EA failed was due to news / Friday trading? How if the market suddenly trend and does not retrace without any symptoms? As I found one similar system from radityo.ardi did blown up his account due to sudden trending in the market. Here is his post:
http://www.forexfactory.com/showthread.php?t=539304
  • #4,204
  • Jun 23, 2016 5:21am Jun 23, 2016 5:21am
Yes, that's true, it's rare, but could also happen. My intention was not saying it is only after that events, i just was pointing out the problem with backtesting this kind of EA's cause they are exposed to trend movements in specific days, as they base their logic on retracements to close positions and make profit.

We have to monitor the EA behavior every moment, so we can protect our account, by hedging or other type of strategy.

Remon is trying to improve his EA so it survives trends, but as we all know, if anyone or any system was capable to predict trends, then we all would be rich without any EA.

Nevertheless we all must be thankful to all the efforts Remon as been doing, cause his ideas are indeed innovative, to say the least, even if in the end he has a commercial purpose, what i think it's Legit after all his hard work.
  • #4,205
  • Edited 5:47am Jun 23, 2016 5:37am | Edited 5:47am
Quoting kornrogers
Yes, that's true, it's rare, but could also happen. My intention was not saying it is only after that events, i just was pointing out the problem with backtesting this kind of EA's cause they are exposed to trend movements in specific days, as they base their logic on retracements to close positions and make profit. We have to monitor the EA behavior every moment, so we can protect our account, by hedging or other type of strategy. Remon is trying to improve his EA so it survives trends, but as we all know, if anyone or any system was capable to...
kornrogers,
Yes I do agree Remon is great and he put all his great hard work to us, and he is really awesome. But my opinion is that (only my opinion) if I had already opened up 5-6 positions with martingale waiting for the market to retrace, but suddenly there is a news announced which moves the market further from my trades, I'll suicide (just kidding).

My 2 cents
  • #4,206
  • Jun 23, 2016 5:56am Jun 23, 2016 5:56am
In that case, you have to widen the grid, hedging, or any kind of strategies that suits for you, at least this what I've been doing with some success. Normally i turn on this kind of EA's during the asian sessions, if it was ranging, everything good. If for some reason the market trends during the night and increase lots to much, then I have to hedge until the market retraces, but this is very complicated and evolves drawdowns and then using support and resistances, price action, fibos to find retracements points. No one said forex is easy .
  • #4,207
  • Jun 23, 2016 7:32am Jun 23, 2016 7:32am
Quoting kornrogers
In that case, you have to widen the grid, hedging, or any kind of strategies that suits for you, at least this what I've been doing with some success. Normally i turn on this kind of EA's during the asian sessions, if it was ranging, everything good. If for some reason the market trends during the night and increase lots to much, then I have to hedge until the market retraces, but this is very complicated and evolves drawdowns and then using support and resistances, price action, fibos to find retracements points. No one said forex is easy .
Yes, I did suggest widen the grid in my previous post. But hedging on a martingale strategy will even make things worse as you need equal amount of lots to hedge. This will be a nightmare.
  • #4,208
  • Jun 23, 2016 7:50am Jun 23, 2016 7:50am
Quoting Bismark
Remon, trying to understand the behavior of the "Time From" and "Time To" in GMT. I've placed "20.0" as Time From and "5.0" as time to for backtesting. Looking at the result, the starting time looks ok and it will open trade beyond 20 GMT, but it also still open a few trades beyond 5 GMT (not many and near the hour). My initial guess would be the Martingale is in the midst of working the DD, is this correct?
Time From You Can Set To 20
Time To , You Can Set It To 5
Or Any Time You Prefer
Note 20.5 = 20:30 , 20.75 = 20:45
If You Set Time To = 5 And It Is 5 Now But No Profits, It Will Wait Untill Profits = 0 And Exit
  • #4,209
  • Jun 23, 2016 7:51am Jun 23, 2016 7:51am
Quoting xmess7
{quote} Bismark: Hi, in one of the posts remon mentions that you enter time in this fashion ==>D'2015.01.01 00:00' This has a disadvantage in that you have to specifify the date, so that means that each day you have to insert the time again. If I am right I think remon has the code in this fashion : input datetime StartDate = D'2015.01.01 00:00'; input datetime EndDate = D'2015.12.31 23:59'; Remon if u can please change that input to an integer and do the code. I have a function if u need it. Thnx and check your PM. Let me know if u are interested...
No
It Is "double" Value Not "datetime" So No Need To Write The Full Date Or Changing The Date Every Day.
  • #4,210
  • Edited 10:16am Jun 23, 2016 8:21am | Edited 10:16am
Because The Current AntiTrend Formula Works With EURUSD Not GBPJPY , So
Now I'm Making A New AntiTrend Formula To Work With GBPJPY
And It Will Be An Option In Settings To Change It.
  • #4,211
  • Jun 23, 2016 9:47am Jun 23, 2016 9:47am
Quoting remon78eg
Because The Current AntiTrend Formula Works With EURUSD Not GBPGPY , So Now I'm Making A New AntiTrend Formula To Work With GBPJPY And It Will Be An Option In Settings To Change It.
Fabulous work Remon, congratulations!
  • #4,212
  • Jun 23, 2016 5:07pm Jun 23, 2016 5:07pm
Another week with great EA
Thanks REMON
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 14 KB
  • #4,213
  • Jun 24, 2016 1:54am Jun 24, 2016 1:54am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-h1-e-global-trade.png Size: 111 KB
On the old EA remon78eg 30-03-2016. Today earned Thank you Remon !!!
  • #4,214
  • Jun 24, 2016 3:49am Jun 24, 2016 3:49am
Today I got message on screen "Friday!! Stop Activated". Actually I want to test/trade every day incl. Friday as well. I did not stopped my 7 demo accounts as I test the EA's various settings during 24/5 . By now 2 of 7 my normal demo accounts crashed but 5 survived thanks to remon's inbuilt antitrend survival mechanism.
remon, in your next releases please let us take or own free decision to trade or not to trade during Friday.
Thank you, Andres
  • #4,215
  • Jun 24, 2016 6:01am Jun 24, 2016 6:01am
Hi guys,
I also got the "Friday!! Stop Activated" message. I started GBPJPY last night on default settings using the Normal version and woke up to +93.27%
Attached Image
ForexSetNForget
  • #4,216
  • Jun 24, 2016 6:31am Jun 24, 2016 6:31am
Quoting Bobrik
{image} On the old EA remon78eg 30-03-2016. Today earned Thank you Remon !!!
note:
this is not my EA , it is a similar idea but not made by me,
so take care while using it.
  • #4,217
  • Jun 24, 2016 6:35am Jun 24, 2016 6:35am
Quoting andres11617
Today I got message on screen "Friday!! Stop Activated". Actually I want to test/trade every day incl. Friday as well. I did not stopped my 7 demo accounts as I test the EA's various settings during 24/5 . By now 2 of 7 my normal demo accounts crashed but 5 survived thanks to remon's inbuilt antitrend survival mechanism. remon, in your next releases please let us take or own free decision to trade or not to trade during Friday. Thank you, Andres
ok
I will make this optional

I disable trading in Friday because of the trend in Friday and a gap at market open, if a gap of 150 pip with many open levels may blow the account
and in Friday the margin also widen too much and it can blow the account without any price movement
  • #4,218
  • Jun 24, 2016 6:37am Jun 24, 2016 6:37am
Hello to all here! Anyone share this EA with me? I cant see link.
  • #4,219
  • Jun 24, 2016 6:37am Jun 24, 2016 6:37am
Quoting SetNForget
Hi guys, I also got the "Friday!! Stop Activated" message. I started GBPJPY last night on default settings using the Normal version and woke up to +93.27% {image}
but note that 93% profits means small balance and much risk
  • #4,220
  • Jun 25, 2016 7:21am Jun 25, 2016 7:21am
@remon78eg

Can you please, state rules for strategy "M2 New" of simulator ?

Thanks

Habib
0 traders viewing now