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Free EA - Piggy n The Middle

  • #1,041
  • Jul 23, 2016 7:19pm Jul 23, 2016 7:19pm
Update....
July 18 to July 22

DD for the week did not exceed 5%
Profit for the week was +4.95%
Accumulated profit is now +97.8%
  • #1,042
  • Edited 11:55am Jul 24, 2016 11:38am | Edited 11:55am
Hello Guys, I found this article very useful in finding best pairs for grid trading and tought to share it with you:

Grid Trading: Choosing a currency pair | MooMooForex Trading Tools
  • #1,043
  • Jul 24, 2016 6:31pm Jul 24, 2016 6:31pm
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...
Thank you for mentioning the GBPAUD pair.

During times where I was following Mr Remon Reffat's thread I had found that the EURAUD and the GBPAUD pair were pairs that worked well with his first part of his Method 1 EA and it is something I haven't considered much of my own EA as I was a bit obsessed and still am sometimes of the GBPJPY due to its high volatility and ability to retrace large steps.

I am running a long backtest on the GBPAUD right now before I go to bed to see what results it may yield when it is done.

If there is anything worth mentioning about it, I will share it with the followers of this thread.

Thanks again.

Daniel
  • #1,044
  • Jul 24, 2016 6:34pm Jul 24, 2016 6:34pm
Quoting mickael58
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 {file}
I have not worked with a news reader indicator before. I will hopefully see what I can do.

Daniel
  • #1,045
  • Jul 24, 2016 6:39pm Jul 24, 2016 6:39pm
Quoting kornrogers
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...
Yes, I must apologize to the thread followers that I haven't been actively posting as much as I feel that the EA itself has lost any better potential to what it can do in modification by myself. Again, I am mentioning it would have been good to see what a coder version of the EA would have been like, at least for the fun of it. It was disappointing to see a coder that has presented what they were going to do and then abandon it.

I appeal to any coder to try to produce a coder's version of the EA. I am quite happy to explain the method in which it trades. It is very easy to understand. From then if I have a volunteer, they might commit to see where any sort of filtering might lead the EA to perform better. At this point my opinion is negative but I have always stood in the hope that someone points me wrong.

I have been preoccupied in a couple of things, mainly another grid EA from another person's strategy which I am unable to share as I have been asked not to. My other project is to Binary Options trading EA. I am in forward testing and am happy to share things in the future hopefully about this. If there is anybody into Binary Options and would like me to work with their strategy ideas, I welcome them with open arms as I am of huge interest in BO. I think it carried less risk, lesser reward but overall safer to trade than traditional forex market.

PS: I also welcome anyone who has Renko strategies as I was close to being able to find something very successful with Nonlag MA & Nonlag Dot but unfortunately because of repaint issues with these indicators, my forward testing was not as good as backtesting what I thought was going to be producing around 700+ pips a month consistently. Just another lesson in not relying too much of backtests and especially with EAs that have indicators.

Daniel
  • #1,046
  • Jul 24, 2016 6:50pm Jul 24, 2016 6:50pm
Quoting tepu
{quote} 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.
I can't explain anymore than what I have said to make it easier.

It is best you use v 4-2. It is the newest version that I have made and for a reason. It is simpler to understand and use for the user.

Daniel
  • #1,047
  • Jul 24, 2016 6:55pm Jul 24, 2016 6:55pm
Quoting bparker
{quote} If it keeps adding during a drawdown, surely thats a martingale EA? Maybe I'm wrong.
Although martingale strategy has different variables and you can adjust settings to it, in it simplest forms it simply doubles the lot position for every opposite position it is losing against on a grid strategy or on a non-grid EA, it doubles the lot size every time it loses.

Having said this, the alternative setting for martingale work that it doesn't need to double as the multiply factor can be use in a constant variable. Example, it can be x 2.5 instead of x 2. Also, you can have a reset so that if a trade loses 6 times while it is doubling, it can be set as stop loss to not keep doubling but accept losses and start again at the first lot size trade.

Daniel
  • #1,048
  • Jul 24, 2016 7:08pm Jul 24, 2016 7:08pm
Quoting tepu
{quote} 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 .
If you insist in using v4, there is a screenshot on post #1 that you can look at. Basically there is an input for each lot size that you can set when trading. As the strategy involves opening a BUY/SELL position every grid size step, there is only 2 directions to go UP or DOWN.

The settings are so that they can be set as follows

BUY Grid Step UP Lot Size
SELL Grid Step UP Lot Size

BUY Grid Step DOWN Lot Size
SELL Grid Step DOWN Lot Size

Round numbers also are explained in the screenshot.

Most NON-JPY Pairs
0.0001 = 1 pip
0.0010 = 10 pips
0.0100 = 100 pips

JPY pairs
0.01 = 1 pip
0.10 = 10 pips
1.0 = 100 pips

Unrealized Profit for BUYS in pips - All buy positions are converted from a monetary value regardless of size and position on chart to a pip value for closing

Unrealized Profit for SELLS in pips - All sell positions are converted from a monetary value regardless of size and position on chart to a pip value for closing

It is because of this and was not aware it could be done in programming that I made another version as this was complicated for a lot. Even the round numbers for me when I was programming.

Daniel
BUY Grid Step UP Lot Size
SELL Grid Step UP Lot Size
  • #1,049
  • Jul 25, 2016 1:10am Jul 25, 2016 1:10am
Test with out June24th....

EU/GU.....half-year result

Can someone help me to increase profitability? whatever EA it is, if P/DD less than 1:1 then it is a rubbish....

Help Help Help!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 62 KB
Click to Enlarge Name: Screenshot3.png Size: 81 KB
No one wants to be defeated~
  • #1,050
  • Jul 25, 2016 5:30pm Jul 25, 2016 5:30pm
Hi All

Can anyone please advise on how to get this EA work again?

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 106 KB
  • #1,051
  • Jul 25, 2016 6:39pm Jul 25, 2016 6:39pm
Quoting jonirrenicus
Test with out June24th.... EU/GU.....half-year result Can someone help me to increase profitability? whatever EA it is, if P/DD less than 1:1 then it is a rubbish.... Help Help Help!
Piggy Knight? Is that your own creation?

Different size lots on your grid steps can increase profits. Try your EU test with .03 for buy-step-up and sell-step-down and .01 for the other 2 steps. Bet you get better profit with only few percent more DD. Also like I mention in another post, the way it runs in the tester is not the way I would trade this EA. Just slapping it on a pair and letting it run forever. Have to pick your pairs carefully (ranging, not trending when you start). Then monitor it close. Also the majors (EU,GU,UC,AU etc) dont do as well as the crosses. I found this thru many tests. Maybe they are too "trendy".

Im still doing a demo running 3 non correlated pairs and closing the grid once I hit 1% equity growth. I pick the pairs before I restart by looking back a few weeks at a 4 hour chart and take the ones that are ranging the most. I take non correlated pairs to keep from multiple pairs moving the same way at once. Still working on the grid sizes though. Got 3 closes for 3 % last week but the DD was a bit too high (4%) for my liking. So think I need to increase the gridsize . Mostly using 15-25 grid size and higher lots like I outlined to you above. Ill post on friday this weeks results.
  • #1,052
  • Jul 26, 2016 2:41am Jul 26, 2016 2:41am
Quoting amirr1361
Hi All Can anyone please advise on how to get this EA work again? {image}
Seems ok to me. Probably just need to wait for the round number to kick in an have a trade open.

Daniel
  • #1,053
  • Jul 29, 2016 12:16pm Jul 29, 2016 12:16pm
Hi Keydcuk,

first of all - thank you very much for your great EA!! I am also experimenting trying to keep DD low. I was thinking about running Piggy on multiple pairs at the same time in one account (grid size 100pips and TP=100pips with high volatility pairs). Would hope that the pairs themselves keeping the overall drawdown at a reasonable level
If I run Piggy on multiple charts it is only grouping trades from one currency each at the same time. Is there a chance that you could please adjust Piggy that it would calculate groups to close based on all pairs

Thanks
  • #1,054
  • Jul 29, 2016 4:23pm Jul 29, 2016 4:23pm
Quoting dbr222
Hi Keydcuk, first of all - thank you very much for your great EA!! I am also experimenting trying to keep DD low. I was thinking about running Piggy on multiple pairs at the same time in one account (grid size 100pips and TP=100pips with high volatility pairs). Would hope that the pairs themselves keeping the overall drawdown at a reasonable level If I run Piggy on multiple charts it is only grouping trades from one currency each at the same time. Is there a chance that you could please adjust Piggy that it would calculate groups to close based...
I run multiple pairs. Smaller grid size though. Usually 3 or 4 at one time. Just make sure they are not too correlated in case you get stuck in a DD period. Not sure exactly what you are meaning by the group closure based on pairs. I close my grids at a certain equity point and start again. Piggy is not capable of that so you would need a 3rd party EA.
  • #1,055
  • Jul 29, 2016 4:44pm Jul 29, 2016 4:44pm
there are so many ea's in this forum... someone could add the close_profit ea with input parameter variable how to profit.
this ea is made with a software panel online. probably it is not confortable to do this option.
  • #1,056
  • Jul 29, 2016 5:44pm Jul 29, 2016 5:44pm
Quoting dbr222
Hi Keydcuk, first of all - thank you very much for your great EA!! I am also experimenting trying to keep DD low. I was thinking about running Piggy on multiple pairs at the same time in one account (grid size 100pips and TP=100pips with high volatility pairs). Would hope that the pairs themselves keeping the overall drawdown at a reasonable level If I run Piggy on multiple charts it is only grouping trades from one currency each at the same time. Is there a chance that you could please adjust Piggy that it would calculate groups to close based...
I don't know if this will do what you are looking for but you can give it a try and let us know your testing.

You will need to enter whatever currency pairs you are using in the exact format that your broker has them in your MT4 without using any spaces.

Example:
EURGBPecn,GBPUSDecn,GBPJPYecn

It is important that you use the same format and also no spaces between commas or it has no chance of working. In the past, I struggled a bit with a multi currency EA I tried to build but please give this a go and let us know how it works out.

Daniel
Attached File(s)
File Type: ex4 Piggy n The Middle v4-2 multicurrency.ex4   210 KB | 589 downloads
  • #1,057
  • Jul 29, 2016 5:44pm Jul 29, 2016 5:44pm
Quoting Ezios
there are so many ea's in this forum... someone could add the close_profit ea with input parameter variable how to profit. this ea is made with a software panel online. probably it is not confortable to do this option.
You can set this to close all your open trades at a specified equity target.
Attached File(s)
File Type: mq4 simpleAllPairBasketManager122.mq4   37 KB | 528 downloads
  • #1,058
  • Jul 30, 2016 12:04am Jul 30, 2016 12:04am
so let's test them in demo and see what happens....
  • #1,059
  • Edited 4:30am Jul 30, 2016 2:36am | Edited 4:30am
Hi Keydcuk,

thanks a lot! Could you also be please so kind and upload the mq4 file to the multicurrency EA? Currently trying to learn coding and would like to understand better what has been changed by the program you're using

Some questions regarding the mechanism of the multi-currency ea
- I put them just on one chart and indicate in the settings which pairs they should trade on, right?
- I saw the Piggy creates "baskets" of profitable and unprofitable trades and closes them at the same time. If I run the multi-currency trade EA and e.g. I trade EURAUD and CHFJPY at the same time. Assuming that I have positive EURAUD left and some negative CHFJPY. If I put the normal Piggy on two separated charts (one EURAUD and the other CHFJPY) it will always manage both currencies individually. Does the Multi currency piggy manages all trades together as one "big virtual" grid thus looking for groups of positive and negative trades from all pairs simultaneously?

Thanks
  • #1,060
  • Jul 30, 2016 7:44am Jul 30, 2016 7:44am
Quoting keydcuk
{quote} If you insist in using v4, there is a screenshot on post #1 that you can look at. Basically there is an input for each lot size that you can set when trading. As the strategy involves opening a BUY/SELL position every grid size step, there is only 2 directions to go UP or DOWN. The settings are so that they can be set as follows BUY Grid Step UP Lot Size SELL Grid Step UP Lot Size BUY Grid Step DOWN Lot Size SELL Grid Step DOWN Lot Size Round numbers also are explained in the screenshot. Most NON-JPY Pairs 0.0001 = 1 pip 0.0010 = 10 pips...
thanks.
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