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Free EA - Piggy n The Middle

  • #1,001
  • Jul 18, 2016 3:37am Jul 18, 2016 3:37am
Quoting keydcuk
{quote} Wow! Slippage is already at 4. I would personally get another broker if you are getting more than 4 pip splippage
I think u might find that the slippage of 4, is a representation of "points" no?
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #1,002
  • Jul 18, 2016 4:02am Jul 18, 2016 4:02am
Quoting FXCyborg
{quote} I think u might find that the slippage of 4, is a representation of "points" no?
slippage of 4

that means 40 points or 4 points on 5-d brokers?
No one wants to be defeated~
  • #1,003
  • Jul 18, 2016 6:27am Jul 18, 2016 6:27am
Quoting tepu
{quote} 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. {image} {image} {image}
I can only think of 2 things that may have caused you not to enter trades.

1. Have you got a tick in Allow Live Trades
2. The EA only enters trades once it hits a round number

If your round number settings is at 200 pips, then it will only enter a trade at 110.00, 112.00, 114.00, etc... as an a example of the GBPJPY.


I have not noticed anything from your screenshots that would indicate the EA not working for you.

Many Thanks & Best Regards,

Daniel
  • #1,004
  • Jul 18, 2016 6:28am Jul 18, 2016 6:28am
Quoting FXCyborg
{quote} I think u might find that the slippage of 4, is a representation of "points" no?
This should be a literal 4 pips by definition.

Daniel
  • #1,005
  • Jul 18, 2016 7:14am Jul 18, 2016 7:14am
Quoting keydcuk
{quote} I can only think of 2 things that may have caused you not to enter trades. 1. Have you got a tick in Allow Live Trades 2. The EA only enters trades once it hits a round number If your round number settings is at 200 pips, then it will only enter a trade at 110.00, 112.00, 114.00, etc... as an a example of the GBPJPY. I have not noticed anything from your screenshots that would indicate the EA not working for you. Many Thanks & Best Regards, Daniel
am working in 5 digits eur usd, plz explain round numbers, ihave allowed live trade, thanks you replied me.
  • #1,006
  • Jul 18, 2016 9:22am Jul 18, 2016 9:22am
Quoting tepu
{quote} am working in 5 digits eur usd, plz explain round numbers, ihave allowed live trade, thanks you replied me.
Round numbers are simple to understand.

If you are using the grid so round numbers are 100 pips, then trades will only open every 100 pips at round numbers.

1.0100(0)
1.0200(0)
1.0300(0)
1.0400(0)
1.0500(0)
1.0600(0)
1.0700(0)
1.0800(0)
1.0900(0)
1.1000(0)

etc...

if it was 200 pips, trades would only open at round numbers

1.0000(0)
1.0200(0)
1.0400(0)
1.0600(0)
1.0800(0)
1.1000(0)

Daniel
  • #1,007
  • Jul 18, 2016 9:40am Jul 18, 2016 9:40am
Quoting keydcuk
{quote} Round numbers are simple to understand. If you are using the grid so round numbers are 100 pips, then trades will only open every 100 pips at round numbers. 1.0100(0) 1.0200(0) 1.0300(0) 1.0400(0) 1.0500(0) 1.0600(0) 1.0700(0) 1.0800(0) 1.0900(0) 1.1000(0) etc... if it was 200 pips, trades would only open at round numbers 1.0000(0) 1.0200(0) 1.0400(0) 1.0600(0) 1.0800(0) 1.1000(0) Daniel
okay many thanks, so nice of you. one more thing plz explain inputs of ea.
  • #1,008
  • Jul 18, 2016 10:51am Jul 18, 2016 10:51am
Quoting keydcuk
{quote} Round numbers are simple to understand. If you are using the grid so round numbers are 100 pips, then trades will only open every 100 pips at round numbers. 1.0100(0) 1.0200(0) 1.0300(0) 1.0400(0) 1.0500(0) 1.0600(0) 1.0700(0) 1.0800(0) 1.0900(0) 1.1000(0) etc... if it was 200 pips, trades would only open at round numbers 1.0000(0) 1.0200(0) 1.0400(0) 1.0600(0) 1.0800(0) 1.1000(0) Daniel
sir its not working. plz gude. its on from last 1.30 hour. not opening trades.
Attached Image (click to enlarge)
Click to Enlarge Name: server.jpg Size: 303 KB
  • #1,009
  • Edited 6:55pm Jul 18, 2016 6:16pm | Edited 6:55pm
Quoting tepu
{quote} sir its not working. plz gude. its on from last 1.30 hour. not opening trades. {image}
I've looked at your screenshot and you are using v4. What I have just said applies to v4-2.

I do advice that you use v4-2 just for ease of knowing how to use the EA but if you are keen to use v4, the round numbers work differently as they are not expressed in pips but they are expressed in fractions.

For the EURUSD and most non-JPY pair the round numbers work like this.

1.0000(0) - 1.0100(0) = 100 pips / Setting for 100 pips is 0.0100
1.0000(0) - 1.0050(0) = 50 pips / Setting for 50 pips is 0.005
1.0010(0) - 1.0020(0) = 10 pips / Setting for 10 pips is 0.001

I hope you understand from this example or that you decide to upgrade to v4-2

Daniel
  • #1,010
  • Jul 18, 2016 6:25pm Jul 18, 2016 6:25pm
do you have DLL checked in the EA setttings tepu?

and if u have it set to a 100 grid, it wont open any trades until it finds the edge of that grid. lower it to like 5 for a little while to see if the EA starts
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #1,011
  • Edited 11:14pm Jul 18, 2016 11:03pm | Edited 11:14pm
Did a bunch of 6 month back tests this weekend (Jan-Jun 2016). This thing runs really slow in the tester so I kept them short. I used EUR/USD mostly but did run a few other pairs. Just some general thoughts if others want to run some too.

Larger grid size = less profit but less drawdown. Finding 100 grid works best for most pairs. 150 best for higher movers like GBP/AUD or GBP/CHF. Usually matching the TP to grid size yields the best profit/DD results. Smaller grids/TP might work good for a time but eventually will put you in deep draw down. I am more interested in a slow steady money maker.

One thing I tried was to increase the lot size for the BUY/SELL_LOT_GRID_STEP_UP: .02 and left DOWN at .01. I figured this would increase the profit but also the draw down. It did just that, but DD was still at a decent level on most tests.

Now here is the tests that really surprised me. By increasing the BUY/SELL_LOT_GRID_STEP_DOWN: .02 and leaving UP at .01 the EA actually performed much better.

The DD was slightly higher but a few percentage points for the profit gained was well worth it. The following is the 4 tests on EUR/USD with 4 different lot steps:

1. Grid size=100..TP= 100.. Grid_STEP_UP =.01..GRID_STEP_DOWN=.01 PROFIT: 283.33..MAX DD: 1.74%

2. Grid size=100..TP= 100.. Grid_STEP_UP =.01..GRID_STEP_DOWN=.02 PROFIT: 504.36..MAX DD: 3.22%

3. Grid size=100..TP= 100.. Grid_STEP_UP =.01..GRID_STEP_DOWN=.03 PROFIT: 720.55..MAX DD: 4.72%

4. Grid size=100..TP= 100.. Grid_STEP_UP =.01..GRID_STEP_DOWN=.04 PROFIT: 935.16..MAX DD: 6.20%

I found these results to be true on other pairs I ran also. Keep in mind this was only a 6 month test. The pairs that ran the best with these settings were E/U, NZD/CHF, NZD/CAD, AUD/CAD, CAD/CHF. One pair blew up with any settings and that was USD/CAD. Probably because it was in a very long trend with almost no retrace for the whole test. Faster movers like GBP/AUD, GBP/CAD did ok profit wise but had a higher DD of over 25%.

My guess is by going against the trend with a bigger lot size it gets the break even price closer for when the retrace happens and allows the basket of trades to close sooner. I really thought by averaging in like that it would blow up the draw down numbers but it really did not on most pairs I ran. Going to run some 2-3 year test over night and see what happens.

EDIT: Its late, not sure I explained that correct. In short if the step moves up in selling higher lot size, if step moves down im buying higher lot size.
  • #1,012
  • Jul 19, 2016 1:01am Jul 19, 2016 1:01am
Quoting thorn
Did a bunch of 6 month back tests this weekend (Jan-Jun 2016). This thing runs really slow in the tester so I kept them short. I used EUR/USD mostly but did run a few other pairs. Just some general thoughts if others want to run some too. Larger grid size = less profit but less drawdown. Finding 100 grid works best for most pairs. 150 best for higher movers like GBP/AUD or GBP/CHF. Usually matching the TP to grid size yields the best profit/DD results. Smaller grids/TP might work good for a time but eventually will put you in deep draw down. I am...
Excellent observation & well explained. I wonder if this can be automated somehow for testing purpose. Such as, if the price is above daily moving average then sell positions at higher lot & if price is below MA then buy positions at higher lot.
Thank you.
  • #1,013
  • Jul 19, 2016 3:43am Jul 19, 2016 3:43am
Great . Thanks alot for the EA. Has anyone traded it in a live account?
  • #1,014
  • Jul 19, 2016 5:12am Jul 19, 2016 5:12am
hello keydcuk , and you can enter into the expert v4-2 to stop the expert 1 hour before the news and start again 1 hour after the news? thank you
Attached File(s)
File Type: mq4 FFCal.mq4   40 KB | 362 downloads
  • #1,015
  • Jul 19, 2016 5:34am Jul 19, 2016 5:34am
hi,you are great！
whick currency pair, whick timeframe is best running for v4-2？
  • #1,016
  • Edited 3:39pm Jul 19, 2016 5:59am | Edited 3:39pm
This is an excellent EA, keydcuck must be busy with other things and we must appreciate all the hard work and effort that keydcuk been doing freely to all FF community, but as he said before, for him, this is kind of a finished project, unfortunately for us, cause with all it's potential, definitely all the suggested improvements could turn this into a even better EA.

The relative drawdawn that is inherent to this strategy has discouraged keydcuk form making more improvements. What is impressive is that different BT have fantastic results. The only option that we have is to use some external EA's combined with piggy.

Good luck to all and let's keep this thread alive
  • #1,017
  • Jul 19, 2016 7:28am Jul 19, 2016 7:28am
I have been analyzing Shiva's forward test from post 587 with interest (I thank him for this). He used V.4 and all related documents including the set file are attached in his post. What I have found is quite interesting. The test was done on Gbpjpy & Usdjpy from 14 April 2016 to 9 May 2016. During my analysis I had a mindset that definitely Gbpjpy would outperform Usdjpy by a large scale. But to my surprise it was the opposite. Have a look at the following summary:

Attached Image


This is how each pair behaved during the test period:

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.jpg Size: 119 KB


Attached Image (click to enlarge)
Click to Enlarge Name: USDJPY.jpg Size: 115 KB
  • #1,018
  • Jul 19, 2016 8:53am Jul 19, 2016 8:53am
Quoting keydcuk
{quote} I've looked at your screenshot and you are using v4. What I have just said applies to v4-2. I do advice that you use v4-2 just for ease of knowing how to use the EA but if you are keen to use v4, the round numbers work differently as they are not expressed in pips but they are expressed in fractions. For the EURUSD and most non-JPY pair the round numbers work like this. 1.0000(0) - 1.0100(0) = 100 pips / Setting for 100 pips is 0.0100 1.0000(0) - 1.0050(0) = 50 pips / Setting for 50 pips is 0.005 1.0010(0) - 1.0020(0) = 10 pips / Setting...
thanks for your reply sir. i tried bt failed. i want to use v4-2. it would be a great favour if you tell me settings step by step. i want to use it at M1 tf with starting lot of 0.01 and tp of 10 pips (5 digits). hope you will guide. regards & respect.
  • #1,019
  • Jul 19, 2016 8:57am Jul 19, 2016 8:57am
Quoting thorn
{quote} 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.

If it keeps adding during a drawdown, surely thats a martingale EA? Maybe I'm wrong.
  • #1,020
  • Jul 19, 2016 9:19am Jul 19, 2016 9:19am
Quoting bparker
{quote} If it keeps adding during a drawdown, surely thats a martingale EA? Maybe I'm wrong.
I believe martingale means doubling or more the next order step. This EA have fix lot, maybe in a deep perspective, it ends up by working like martingale because it adds orders in up and down moves, but in my view it's not a pure martingale system.
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