Free EA - Piggy n The Middle | Page 52 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

No Free Lunch but all the Free Coffee you can drink 736 replies

SWAP free, rollover free Broker? 15 replies

Orders triggered in the middle of nowhere! 1 reply

Crisis in the middle east 2 replies

Attachments: Free EA - Piggy n The Middle
Exit Attachments

Free EA - Piggy n The Middle

  • #1,021
  • Edited 9:49am Jul 19, 2016 9:35am | Edited 9:49am
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...
you have made a great ea. it made 20$ in just 30 minutes with settings i dont know i just entered blindly in v4 in sideway market, i dnt know how it will act in strong trending condition of 500-800 pips(5 digits). plz tell me its its input function and their explaination in detail so i can make profit with this great ea in real account. thanks. regards .
  • #1,022
  • Jul 19, 2016 6:48pm Jul 19, 2016 6:48pm
Quoting bparker
{quote} If it keeps adding during a drawdown, surely thats a martingale EA? Maybe I'm wrong.
It averages in as the price goes against you. The logic being there will be a reversal and the average price of your bad trades will be close enough to be hit for break even or small profit. It works pretty good until there is a long slow trend with only small retracements (see EUR/USD 2014 or the current state of USD/CAD). That is where Piggy struggles.
  • #1,023
  • Jul 19, 2016 10:52pm Jul 19, 2016 10:52pm
hello everybody,

I might have solved the problem in trending markets by activating survive mode.

Look at this pic carefully...

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB


in green area, this ea always win.

in red area, that's where big DD happens.

If we add lots when an obvious trend started.

We will in green pips EVEN if there is almost NO retracement at all. (see yellow box)
No one wants to be defeated~
  • #1,024
  • Jul 20, 2016 1:32am Jul 20, 2016 1:32am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 18 KB


stoploss added for survive mode!!!

COOL!!!!!!
No one wants to be defeated~
  • #1,025
  • Jul 20, 2016 2:27am Jul 20, 2016 2:27am
Quoting jonirrenicus
hello everybody, I might have solved the problem in trending markets by activating survive mode. Look at this pic carefully... {image} in green area, this ea always win. in red area, that's where big DD happens. If we add lots when an obvious trend started. We will in green pips EVEN if there is almost NO retracement at all. (see yellow box)
Hello jonirrenicus, thanks for your ideia, I assume you are increasing buy lots in this example, step up, in a long trend, but what happens if the price falls back down again, can you explain a little better your strategy?
  • #1,026
  • Jul 20, 2016 4:52am Jul 20, 2016 4:52am
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...
Hello,

You tested which VS of EA?
  • #1,027
  • Jul 20, 2016 11:09pm Jul 20, 2016 11:09pm
Quoting jonirrenicus
hello everybody, I might have solved the problem in trending markets by activating survive mode. Look at this pic carefully... {image} in green area, this ea always win. in red area, that's where big DD happens. If we add lots when an obvious trend started. We will in green pips EVEN if there is almost NO retracement at all. (see yellow box)
Hey mate, that is not a trend. Its a short term price spike. Piggy will handle that easily with no intervention. Even much bigger spikes than that. Do some visual back tests. It may make you more comfortable with how this EA works. Your idea is not without merit though. But to rescue every price spike you may as well just trade manual with no EA. Stop losses wont work either except to slow down your equity growth. When the price comes back from that spike you will have a locked in loss and no trades open to profit from the retracement. Its how the EA is supposed to work. Compare the chart you posted. You can see since you posted, GU came back down, went up even higher came back down again. If you had just left it alone you would have made profit from all those up/down moves. Stopping out you lose out on one direction. Plus you then have to start guessing what direction you should trade in.
  • #1,028
  • Jul 20, 2016 11:09pm Jul 20, 2016 11:09pm
Quoting LuizSchiavi
{quote} Hello, You tested which VS of EA?
Testing V4-2.
  • #1,029
  • Jul 20, 2016 11:24pm Jul 20, 2016 11:24pm
Quoting kornrogers
{quote} Hello jonirrenicus, thanks for your ideia, I assume you are increasing buy lots in this example, step up, in a long trend, but what happens if the price falls back down again, can you explain a little better your strategy?
Pretty sure he is increasing the sell lots as it goes up. That brings the average price up close to current price so he only need a small retrace to get break even or profit. That will work as long as you get a good enough retrace. Always hard to judge exactly just how close you need to get it. The down side is if you miss, things will get out of control very fast, because the next step you need even more lots = more risk. One idea that might help is throw up some B Bands or a vdub channel and only rescue when the price goes above the upper band. Nothing is fool proof though.
  • #1,030
  • Jul 21, 2016 2:29am Jul 21, 2016 2:29am
Quoting thorn
{quote} Pretty sure he is increasing the sell lots as it goes up. That brings the average price up close to current price so he only need a small retrace to get break even or profit. That will work as long as you get a good enough retrace. Always hard to judge exactly just how close you need to get it. The down side is if you miss, things will get out of control very fast, because the next step you need even more lots = more risk. One idea that might help is throw up some B Bands or a vdub channel and only rescue when the price goes above the upper...

Please enlarge the picture, cause you are not seeing it right, what I see in his picture is sell lots of 0,01 as the trend goes up and a buy of 0,15 higher than the sells...
  • #1,031
  • Jul 21, 2016 2:36am Jul 21, 2016 2:36am
Quoting thorn
{quote} Pretty sure he is increasing the sell lots as it goes up. That brings the average price up close to current price so he only need a small retrace to get break even or profit. That will work as long as you get a good enough retrace. Always hard to judge exactly just how close you need to get it. The down side is if you miss, things will get out of control very fast, because the next step you need even more lots = more risk. One idea that might help is throw up some B Bands or a vdub channel and only rescue when the price goes above the upper...
Thanks for your input!

You are right, no need to increase lot size. If we meet false breakout, it will be a great loss.

I my trying another approach by limit TP, i will share my result soon.

If you know remon's EA, you will know what i'm doing with piggy.
No one wants to be defeated~
  • #1,032
  • Jul 21, 2016 2:49am Jul 21, 2016 2:49am
Quoting kornrogers
{quote} Hello jonirrenicus, thanks for your ideia, I assume you are increasing buy lots in this example, step up, in a long trend, but what happens if the price falls back down again, can you explain a little better your strategy?
Thanks to you my friend.....will share the result soon
No one wants to be defeated~
  • #1,033
  • Jul 21, 2016 5:04am Jul 21, 2016 5:04am
Quoting jonirrenicus
hello everybody, I might have solved the problem in trending markets by activating survive mode. Look at this pic carefully... {image} in green area, this ea always win. in red area, that's where big DD happens. If we add lots when an obvious trend started. We will in green pips EVEN if there is almost NO retracement at all. (see yellow box)

Could you not add a setting which closes the trades if it breaks the support/resistance line?
  • #1,034
  • Jul 21, 2016 5:51am Jul 21, 2016 5:51am
Quoting jonirrenicus
{quote} I my trying another approach by limit TP, i will share my result soon.
I am testing something close to that. Once I reach 1% equity growth I close out the whole grid and start over. Trading 2-4 pairs at once with a small grid/tp step. So far this week I have closed twice for a 2% equity bump. Still trying to decide what is best option for lot sizes on the up/down grid steps. Time will tell. Decide the pairs to trade by looking back a month or 2 and using the ones that look to be ranging the most.
  • #1,035
  • Jul 21, 2016 11:57pm Jul 21, 2016 11:57pm
Quoting bparker
{quote} Could you not add a setting which closes the trades if it breaks the support/resistance line?
That will result in a loss....my friend
No one wants to be defeated~
  • #1,036
  • Jul 22, 2016 12:20am Jul 22, 2016 12:20am
Quoting jonirrenicus
hello everybody, I might have solved the problem in trending markets by activating survive mode. Look at this pic carefully... {image} in green area, this ea always win. in red area, that's where big DD happens. If we add lots when an obvious trend started. We will in green pips EVEN if there is almost NO retracement at all. (see yellow box)

you can do that already, there's two lots of buys and sells. in up trend, make sure buys is more than sells in an uptrend and vice versa.
Advanced Price Action Trader -MY STUFF IS FREE! JOIN ME!
  • #1,037
  • Jul 22, 2016 12:25am Jul 22, 2016 12:25am
Quoting thorn
{quote} I am testing something close to that. Once I reach 1% equity growth I close out the whole grid and start over. Trading 2-4 pairs at once with a small grid/tp step. So far this week I have closed twice for a 2% equity bump. Still trying to decide what is best option for lot sizes on the up/down grid steps. Time will tell. Decide the pairs to trade by looking back a month or 2 and using the ones that look to be ranging the most.
Maybe you are right!

I found it is hard to be in profit on one currency...maybe i should run it on groups.

The most ranging pair mean it will go straight very soon...

my result

GU H1 only
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 32 KB


Survived on 6-24, but DD is quite high around 25%, profit is only 17%, so it still sucks....
Attached File(s)
File Type: ex4 Piggy Knight V1.ex4   215 KB | 491 downloads
No one wants to be defeated~
  • #1,038
  • Jul 22, 2016 2:45am Jul 22, 2016 2:45am
Quoting FXCyborg
{quote} you can do that already, there's two lots of buys and sells. in up trend, make sure buys is more than sells in an uptrend and vice versa.
careful about false breaks....you don't know which is real or false.
No one wants to be defeated~
  • #1,039
  • Jul 23, 2016 12:20pm Jul 23, 2016 12:20pm
Back Test results for GBPJPY for 1 year (22.05.15-21.05.16) with 200pips grid size and 50pips TP and 0.1lot size. I think DD is still considerable and scary. (Modelling quality 99.9%)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Account History_004.png Size: 174 KB
Click to Enlarge Name: Account History_005.png Size: 75 KB
  • #1,040
  • Jul 23, 2016 1:10pm Jul 23, 2016 1:10pm
Quoting fmaher
Back Test results for GBPJPY for 1 year (22.05.15-21.05.16) with 200pips grid size and 50pips TP and 0.1lot size. I think DD is still considerable and scary. (Modelling quality 99.9%)
G/J was in 3 month fairly steep down trend when the drawdown happened. That is to be expected with this EA, it is the weakness. The problem with the strategy tester is you just throw on the pair and let it rip for a year with no intervention. Have to use discretion when trading this. Dont put it on a pair that is trending. If you were to forward test look back a month or 2 and only trade the pairs that are ranging. A trend can start at any time of course so its not fool proof. If you want a good example of this, back test EUR/USD for 2014 and then for 2016. Big difference in results and if you look at a chart it will explain why. 2014 has a long drawn out trend and 2016 does not.

If you want to do more test keep your grid size/TP about equal. It keeps a good balance between profit/Draw down. If TP is set lower than grid usually more DD. TP set higher usually less profit.
3 traders viewing now