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Attachments: Free EA - Piggy n The Middle
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Free EA - Piggy n The Middle

  • #981
  • Jul 10, 2016 1:59pm Jul 10, 2016 1:59pm
Quoting goldcourse
Update.... July 4 to July 8 DD for the week did not exceed 5% Profit for the week was +8.67% Accumulated profit is now +87.32%
hello, can you tell which version you are using, on which pair and set file? thank you
  • #982
  • Jul 10, 2016 2:54pm Jul 10, 2016 2:54pm
Quoting keydcuk
{quote} 0.01 lot you would need about 4000 to run this safely
Make sure that before big events (like brexit) you close all open positions and stop the EA.
Such events with sudden big spikes can easily cause a margin call.

Be cautious ! And green pips for all !
Being good at what you do is a result of having fun
  • #983
  • Jul 10, 2016 6:52pm Jul 10, 2016 6:52pm
Quoting mickael58
{quote} hello, can you tell which version you are using, on which pair and set file? thank you
mickael58,

I've posted it in the thread and I'm not going to repeat it.
Kindly take some time to read thru the thread and you will find it.

Thanks
  • #984
  • Jul 12, 2016 2:39am Jul 12, 2016 2:39am
Is there a way to increase the slippage? I keep getting these messages:

2016.07.12 17:38:07.528 EURJPY,M5: New trade error: Requote (138). Waiting for a new tick to retry..
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  • #985
  • Jul 12, 2016 6:01am Jul 12, 2016 6:01am
Quoting FXCyborg
Is there a way to increase the slippage? I keep getting these messages: 2016.07.12 17:38:07.528 EURJPY,M5: New trade error: Requote (138). Waiting for a new tick to retry..
Wow! Slippage is already at 4. I would personally get another broker if you are getting more than 4 pip splippage
  • #986
  • Jul 12, 2016 9:39am Jul 12, 2016 9:39am
Quoting kornrogers
Also, is there a way to make the EA to not close orders?, I mean, if there is something like, news or a big trend, my idea was to continue opening the orders in both directions, but we would be perfectly hedged till the event or the retracement started.
You can set the TP value to some unreachable number that the price will never hit. That way it will not close any orders. You can input a crazy number like 10000 pips for your TP levels. But you would then have to manage the trades yourself. I have been testing this EA doing just that and closing on a equity %. I am using smaller grid steps and increasing trade size on up/down steps.
  • #987
  • Jul 13, 2016 5:02am Jul 13, 2016 5:02am
Quoting keydcuk
{quote} There is not really a way to avoid it unless you stop the EA from running. 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...
haha
agreee about the martingale part.
it's intresting. but i think u can still improve it.. most of all it needs a appropriate SL. as a trader we must accept loss in this market.. then we can earn profit.
so im saying maybe u can set a good sl for trades to accept that this position is gone... lets do another !!
The Ancestor to Every Action Is a Thought.
  • #988
  • Jul 14, 2016 8:30am Jul 14, 2016 8:30am
Quoting keydcuk
{quote} Wow! Slippage is already at 4. I would personally get another broker if you are getting more than 4 pip splippage
hello, I'm using your EA v4-2, I wanted to know if the first news I have to stop the expert or not
  • #989
  • Jul 15, 2016 6:10am Jul 15, 2016 6:10am
Quoting mickael58
{quote} hello, I'm using your EA v4-2, I wanted to know if the first news I have to stop the expert or not
That is up to you. In my opinion, I think that this EA doesn't predict the trend so news can be just as much in your favor as against you. The thing is about stopping the EA expert for news is that it can be very difficult to stop it without being in any trades and to take a loss. A lot of news might not move the market much in relevance to your positions anyway if you are using a large grid size such as 100 or 200 pips. Some market news retraces back to near where the price was when the release of news occurred.

If I personally would be using it live, I would be using a 200 pip grid and not bother about news at all. Some people might trade it differently.

Daniel
  • #990
  • Jul 15, 2016 7:52am Jul 15, 2016 7:52am
Quoting keydcuk
{quote} That is up to you. In my opinion, I think that this EA doesn't predict the trend so news can be just as much in your favor as against you. The thing is about stopping the EA expert for news is that it can be very difficult to stop it without being in any trades and to take a loss. A lot of news might not move the market much in relevance to your positions anyway if you are using a large grid size such as 100 or 200 pips. Some market news retraces back to near where the price was when the release of news occurred. If I personally would be...
thanks for your kind reply
  • #991
  • Jul 15, 2016 8:04am Jul 15, 2016 8:04am
depends a bit on the news. For brexit-esque events I would stop trading.

only thing you can do to get comfortable here is test,test, and then do some tests.
oh... did I mention test?
Being good at what you do is a result of having fun
  • #992
  • Jul 15, 2016 8:43am Jul 15, 2016 8:43am
Quoting keydcuk
{quote} That is up to you. In my opinion, I think that this EA doesn't predict the trend so news can be just as much in your favor as against you. The thing is about stopping the EA expert for news is that it can be very difficult to stop it without being in any trades and to take a loss. A lot of news might not move the market much in relevance to your positions anyway if you are using a large grid size such as 100 or 200 pips. Some market news retraces back to near where the price was when the release of news occurred. If I personally would be...
you could automate the stop of 'expert in news with three bulls? perhaps even using my indicator that I am attaching?
you can also enter a stop loss such as when the loss comes to $ 50 closes all trades and start over
Attached File(s)
File Type: ex4 #3 News Panel (Black).ex4   74 KB | 354 downloads
File Type: mq4 #3 News Panel (Black).mq4   51 KB | 458 downloads
  • #993
  • Jul 15, 2016 8:46am Jul 15, 2016 8:46am
I'm going to test this. Have found a few Martingale EA's that seem to work in the past. Would always withdraw my initial deposit once it's doubled the account though, you never know
  • #994
  • Jul 15, 2016 7:30pm Jul 15, 2016 7:30pm
Quoting bparker
I'm going to test this. Have found a few Martingale EA's that seem to work in the past. Would always withdraw my initial deposit once it's doubled the account though, you never know
This is not a martingale strategy. Its a grid trader. There is no mechanism to deal with draw down except time and the hope closing winning trades, keep you above water until the market reverses. In back testing it does pretty good in range markets, not so good in strong trends.
  • #995
  • Jul 15, 2016 11:13pm Jul 15, 2016 11:13pm
I have test history and also do real trade with the live account, the strategy is ok. Work with h1, about 8-10 order per month, loss is maximum around 40 pips, profit may be up to 200-300 pips, rate of win: lot is 7:3 per month. I hope someone help me, we will cooperate to build a good robot for each other to usd
  • #996
  • Jul 16, 2016 4:46pm Jul 16, 2016 4:46pm
Year 2015. 2 Pips Spread. Aud/usd 15m DD max 1781eur
Attached Image (click to enlarge)
Click to Enlarge Name: pigy4.2 2 pips spread 0.02L 2015.gif Size: 10 KB
  • #997
  • Jul 16, 2016 7:22pm Jul 16, 2016 7:22pm
Update....
July 10 to July 14

DD for the week did not exceed 5%
Profit for the week was +5.52%
Accumulated profit is now +92.84%
  • #998
  • Jul 18, 2016 1:07am Jul 18, 2016 1:07am
Quoting keydcuk
{quote} Wow! Slippage is already at 4. I would personally get another broker if you are getting more than 4 pip splippage
Great work man!

  1. The strategy involves taking BUY & SELL positions at the same time for each grid step.
  2. The strategy involves closing positions both profitable and non-profitable at a net profit during periods of retracement

I found there is a difference between your EA and remon's.

closing positions both profitable and non-profitable

1 BUY&SELL every XX pips, same as remon's

2 let's say we have 10buy & 10sell with 10pips distance and the market went up 100pips

Remon's EA: close all buy when market go down 10 pips

Your EA : close buy orders with XX TP, that means in a trend you have only one order in right direction.

Have u ever thought about to use remon's exit strategy?

No one wants to be defeated~
  • #999
  • Jul 18, 2016 3:19am Jul 18, 2016 3:19am
Quoting keydcuk
Hello Forex Factory Members! This is my first thread on Forex Factory so I will try to make it a good one. FIRST AN FOREMOST: Let me just thank Mr Remon Reffat for giving a lot of us invaluable insight on his very unique strategy on grid trading. Without Mr Remon's thread, I would not have thought about the method of trading I have implemented in my newly created EA. Let me please give credit where credit is due and identify where Remon's ideas have influenced me and take similarity in my strategy. The strategy involves taking BUY & SELL positions...
hello, i read remon thread about 56 pages, and your thread about 10 pages. i downloaded ea, and run at live cent account, but it is not working. i attached screen shots of inputs. plz explain inputs so the ea could work. hope you would so kind an explain. thanking in anticipation.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Untitled v2.jpg Size: 264 KB
Click to Enlarge Name: Untitled v1.jpg Size: 295 KB
  • #1,000
  • Jul 18, 2016 3:35am Jul 18, 2016 3:35am
Quoting jonirrenicus
Have u ever thought about to use remon's exit strategy?
I think he mentioned the other week, he tried but Remon's didnt work out too well, or something or another? I brought it up the other week, the exit approach seemed appealing.
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