{quote} Slippage / broker freezelevel most probably as your step is quite tight
And 50 pip grid is not that tight
- #961
- Jun 29, 2016 11:14am Jun 29, 2016 11:14am
And 50 pip grid is not that tight
Hello keydcuk, Thanks for your hard work, developing ideias and systems for all the FF community. 1. Is it possibly for you to change or add an option, so the take profit parameter can be in "money" and not in pips? As you know if we have different size lots in grid step up or down, sometimes the EA close positions with profit in pips, but not profit in "money". 2. Not so important, but is it possible to add a step lot increase option? (0,01;0,01;0,01; 0,02;0,02;0,02, 0,03;0,03;0,03) Thanks again,...
The actual pips are not pips in terms of pip distance, it is already calculating the total profit in money and converting it to a pip value, so in essence it is already closing as a money value but equated as pips at the input chosen.
As for the step lot option, I have looked at this before and I personally would have liked to have added this option but have not been able to figure out how to implement it 100%.
Sorry this might not be what you want to hear for a reply.
Happy Pipping!
Daniel
{quote} thx but that does not realy answer my question why piggy is closing my trades in negative... And 50 pip grid is not that tight
Daniel
{quote}{quote} Regardless of lot size or positions open or where they sit on the chart, the EA calculates the value of money and converts it into pips. This is how the EA works. If you can define what you mean by cycle and tell me at what point you want to increase lot sizes, then I can make something for you if this is what you wish. When mentioning how many trades open, if this is just buys, just sells or total buys & sells. There is a way to not make positions close but again, you would need to define the conditions in which you want this to...
keydcuk, This is a great EA, and... when is the "Close All Trades at Equity %" feature be release.
{quote} keydcuk, This is a great EA, and... when is the "Close All Trades at Equity %" feature be release.
Thanks for your interest. I was never able to get this to work when I was programming it myself but there is a thread follower who has made a version that does close trades at equity percentage. His version was to use the equity % as a stop loss. The setting of 0.9 which is at default would basically look at DD and close all trades when 10% of equity was lost or moreso in the other sense where 90% of equity was left remaining.
I have tweaked this version differently from the original so that there is a flag of "once a day" set to "true". I have not forward tested it but I think this could be beneficial if what I am thinking works. As I have not programmed the main equity function, I do not know. The flag "once a day" will basically set the scene so that if the trades have closed due to equity, it will stop trading entirely until the next trade day and according to the hours and weekday filter, should you choose to use it.
If the setting of the flag is true and the Equity it at 0.9, it will stop trading that day taking a loss of 10%
I know some of you wanted to work with closing the EA when positive equity is reached. This is where I am not sure whether this will work or not but I am guessing that if you set the equity setting to 1.1 that it will close all trades at +10% and if flag set to true it will not trade until next day respecting the weekday and hours filter.
I don't know. I have been paying less attention to this EA lately but try it out and let me know if it works. If it doesn't, I can try to fix it so it can do what you would like it to do. I was not the one who originally programmed this version, just tweaked it a little. Hope it works out for you.
Daniel
thanks for sharing. it has positions which are open for too long period. is there any way to avoid it?
Essentially this EA is a virtual no loss EA, it doesn't accept closing positions unless it is in a profit. Saying this, if there are too many positions open, it does close at a loss. I am not saying it doesn't this is why I say "virtual", or I could have said "most of the times". Heavy DD is the weakness of the EA and even so, the heavier DD periods should only happen about once or twice a year if you are using the correct grid size, i.e. a very large one.
Through extensive backtest, 0.01 lot you would need about £4000 to run this safely and it is not to say there is no risk. Another global recession, another country going bankrupt, a nation's credit rating gone bad, a world war, anything could happen to make any pair go in one direction without seeing enough retracement to close the opposing trades that stay open.
It's as risky as any other EA but at least it is not a martingale.
Daniel