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Expanding Grid

  • #2,021
  • Jul 22, 2016 7:02am Jul 22, 2016 7:02am
Quoting jdva
Bauta, is the BreakEvenLevel=5 set to fixed and not changeable by user? I have changed it to 6 and still chart/pair GBPCAD went in ClosureMode on BE short level 5! Thanks, jdva
strangely...now the same pair GCad did not go in CM although it is on BE long level 5!

Thx, jdva
I never lose - either I win or I learn...
  • #2,022
  • Jul 22, 2016 10:27am Jul 22, 2016 10:27am
Hi, Bauta,

If lot s_OrderMultiplier =2, please try the lot size: 0.01, 0.01, 0.02, 0.02, 0.04, 0.08....
I still like the grid size like 32a, the first 4 grid keep the size.

Sunnybeach
  • #2,023
  • Jul 22, 2016 12:23pm Jul 22, 2016 12:23pm
Quoting Sunnybeach
Hi, Bauta, If lot s_OrderMultiplier =2, please try the lot size: 0.01, 0.01, 0.02, 0.02, 0.04, 0.08.... I still like the grid size like 32a, the first 4 grid keep the size. Sunnybeach
Hello,

Let me share my experience here, in my opinion and based on my observation in last week, starting dynamic grid from level 1 works better and makes less multiplied grids in higher pip movement at early stages which helps you to save a part of your money for later grid movements . I would like to here your reason for going back to previous setting.
Thanks
Mohsen Bolouri
  • #2,024
  • Jul 23, 2016 12:19am Jul 23, 2016 12:19am
Quoting Mohsen-b
{quote} Hello, Let me share my experience here, in my opinion and based on my observation in last week, starting dynamic grid from level 1 works better and makes less multiplied grids in higher pip movement at early stages which helps you to save a part of your money for later grid movements . I would like to here your reason for going back to previous setting. Thanks Mohsen Bolouri
large grid size or expanding grid size has reduced the risk but also reduce the profit rate also. I most of case, the range is small, but we have to protect large movement.

So, I suggest to use 0.01, 0.01, 0.02, 0.02, 0.04, 0.08 lot size to reduce the risk, and accordingly reduce the grid size.

One problem of this EA is profit rate. bauta suggest something like $3000 per char. I have different opinion. The pairs are not moving sharp simultaneously even you choose all USD related pairs. From my test, I use 40k with 0.01 start lot even for one pair. But 40k can support 15 pairs also. Due to such a big deposit, I get 10-15% profit rate with 20% DD(from USDMXN pair, I remove it now). I do have his USDJPY problem(from July 11) because I choose GBPJPY.

It is very hard to choose pairs witch are not related to each other. bauta chose EURUSD, GBPJPY and NZDUSD when he started to test the EA. These three pairs really has less relationship. I do not know why he now choose all USD pairs.
  • #2,025
  • Jul 23, 2016 12:21am Jul 23, 2016 12:21am
Quoting Mohsen-b
{quote} Hello, Let me share my experience here, in my opinion and based on my observation in last week, starting dynamic grid from level 1 works better and makes less multiplied grids in higher pip movement at early stages which helps you to save a part of your money for later grid movements . I would like to here your reason for going back to previous setting. Thanks Mohsen Bolouri
I am not sure that lot size 0.01, 0.01, 0.02, 0.02, 0.04, 0.08 with first 4 fixed grid size is better or not. But I would like to test it.
  • #2,026
  • Jul 23, 2016 9:46am Jul 23, 2016 9:46am
Quoting jdva
{quote} strangely...now the same pair GCad did not go in CM although it is on BE long level 5! Thx, jdva

BreakEvenLevel is a parameter, it is not fixed.


it all may be due to rounding number. The levels the EA displays on the chart is rounded to the nearest integer value, the one used to set the EA in CLOSURE MODE is double.
Example: if levels is 4.8 the EA display 5, but BreakEvenLevel=5, The EA does not go into closure mode.
Please note if the EA said CLOSURE MODE in the description. Remember that closure mode does not stop the EA, it reduce executions and try to close the cycle at breakeven.
when the EA goes into closure mode?
CONTUNUE=false
BreakEvenLevel>=5
DayTarget closure
on Fridays.
Global variable closure, nclosure or dclosure

bauta
  • #2,027
  • Jul 23, 2016 9:48am Jul 23, 2016 9:48am
Quoting Sunnybeach
Hi, Bauta, If lot s_OrderMultiplier =2, please try the lot size: 0.01, 0.01, 0.02, 0.02, 0.04, 0.08.... I still like the grid size like 32a, the first 4 grid keep the size. Sunnybeach
good idea. I am going to test it performance.
thanks, bauta
  • #2,028
  • Jul 23, 2016 9:55am Jul 23, 2016 9:55am
Quoting Sunnybeach
{quote} large grid size or expanding grid size has reduced the risk but also reduce the profit rate also. I most of case, the range is small, but we have to protect large movement. So, I suggest to use 0.01, 0.01, 0.02, 0.02, 0.04, 0.08 lot size to reduce the risk, and accordingly reduce the grid size. One problem of this EA is profit rate. bauta suggest something like $3000 per char. I have different opinion. The pairs are not moving sharp simultaneously even you choose all USD related pairs. From my test, I use 40k with 0.01 start lot even for...
Now I am concentrating more in these pairs:

EURUSD, USDJPY, GBPUSD, AUDUSD and NZDUSD.

having 5 pairs only, eliminates the need of a broker that allows more than 200 opened orders.
my plan is to increase startlotqty as capital grows, instead of adding more charts.
thanks, bauta
  • #2,029
  • Jul 24, 2016 5:05am Jul 24, 2016 5:05am
Quoting bauta
{quote} BreakEvenLevel is a parameter, it is not fixed. it all may be due to rounding number. The levels the EA displays on the chart is rounded to the nearest integer value, the one used to set the EA in CLOSURE MODE is double. Example: if levels is 4.8 the EA display 5, but BreakEvenLevel=5, The EA does not go into closure mode. Please note if the EA said CLOSURE MODE in the description. Remember that closure mode does not stop the EA, it reduce executions and try to close the cycle at breakeven. when the EA goes into closure mode? CONTUNUE=false...
Bauta, many thanks for answer...I have gathered it!

I do remember once you have said to do not close positions manually. Closure Mode is okay but it takes some time to close the positions/whole cycle.
I'm missing a function in the EA for closing all open positions in charts/account immediately. That might be necessary for lots of reasons. Do you think it is possible to built in the EA such a feature?

Thanks, jdva
I never lose - either I win or I learn...
  • #2,030
  • Jul 24, 2016 6:14am Jul 24, 2016 6:14am
Quoting jdva
{quote} Bauta, many thanks for answer...I have gathered it! I do remember once you have said to do not close positions manually. Closure Mode is okay but it takes some time to close the positions/whole cycle. I'm missing a function in the EA for closing all open positions in charts/account immediately. That might be necessary for lots of reasons. Do you think it is possible to built in the EA such a feature? Thanks, jdva
​You can have this script.
Attached File(s)
File Type: mq4 CloseAll.mq4   6 KB | 407 downloads
  • #2,031
  • Jul 24, 2016 7:29am Jul 24, 2016 7:29am
Quoting Sunnybeach
{quote} ​You can have this script. {file}
thank you Buddy...I already have a similar script, but closing positions with it might negatively influence EA's logic because it is some kind of manual closing as well...
but Bauta surely knows whether it does or not

Happy trading, jdva

Quoting jdva
{quote} thank you Buddy...I already have a similar script, but closing positions with it might negatively influence EA's logic because it is some kind of manual closing as well... but Bauta surely knows whether it does or not Happy trading, jdva
moreover a script may close all and not just a single chart/pair...
I never lose - either I win or I learn...
  • #2,032
  • Jul 24, 2016 2:44pm Jul 24, 2016 2:44pm
Quoting bauta
{quote} BreakEvenLevel is a parameter, it is not fixed. it all may be due to rounding number. The levels the EA displays on the chart is rounded to the nearest integer value, the one used to set the EA in CLOSURE MODE is double. Example: if levels is 4.8 the EA display 5, but BreakEvenLevel=5, The EA does not go into closure mode. Please note if the EA said CLOSURE MODE in the description. Remember that closure mode does not stop the EA, it reduce executions and try to close the cycle at breakeven. when the EA goes into closure mode? CONTUNUE=false...
Hi Bauta,

Would you please explain your reason for setting break even at 5? I think it should have sort of relation with grid distance parameter, i mean if we are doing scalping then level 5 means just 10 - 15 pips movement while if girdsizepip sets on 10 or higher then level 5 means 50+ pip movement. We need to find a optimal relation between grid distance and break even level for increasing profitability and reducing risk exposure. Any idea?
Thanks
Mohsen
  • #2,033
  • Edited 3:29pm Jul 24, 2016 3:01pm | Edited 3:29pm
Quoting Mohsen-b
{quote} Thank you for good response. I don't know difference of Hedge and neutralize amounts but Balance percent works better for me because it looks more dynamic and auto adjustable against balance changes (Profit/loss/deposit/withdraw). I like to have option of setting different neutralize level for different pair and activation performing based on balance percent variable. Thanks in advance. Mohsen
Hi Bauta,

Have you had any progress for adding neutralization parameter to EG104? I strongly believe that it can help to not blowing up our account in big market moves if we have it in the EA and also have a little bit knowledge of manual trading for coming out from neutralization.
Thanks in advance.
Mohsen
  • #2,034
  • Jul 24, 2016 4:16pm Jul 24, 2016 4:16pm
Is it just me or is eurusd really the only 'good' pair. Everything else seems to be regularly locked up for a couple of days. Only eurusd seems to recover quick, within 24hr, 36 max. DAX also still very good.
Agree with neutralize being important, but being able to have EA manage it is also important. In times of need too much manual interaction is dangerous for emotional souls grieving their DD ;-)
  • #2,035
  • Jul 25, 2016 2:38am Jul 25, 2016 2:38am
Quoting Route206
Is it just me or is eurusd really the only 'good' pair. Everything else seems to be regularly locked up for a couple of days. Only eurusd seems to recover quick, within 24hr, 36 max. DAX also still very good. Agree with neutralize being important, but being able to have EA manage it is also important. In times of need too much manual interaction is dangerous for emotional souls grieving their DD ;-)
morning buddy...may you share your settings for DAX CFD and your broker?
My broker JFD allows Minilots 0.1 minimum value...matching 0.1 EUR/point

Thanks, jdva

Quoting jdva
{quote} morning buddy...may you share your settings for DAX CFD and your broker? My broker JFD allows Minilots 0.1 minimum value...matching 0.1 EUR/point Thanks, jdva
...and overnight spread is 7 points on DAX!
I never lose - either I win or I learn...
  • #2,036
  • Jul 26, 2016 6:01am Jul 26, 2016 6:01am
Quoting bauta
{quote} good idea. I am going to test it performance. thanks, bauta
Have you got some result?
  • #2,037
  • Jul 26, 2016 6:48am Jul 26, 2016 6:48am
Hello Bauta,

I've been been making steady gains over the past few weeks and now it seems I'm trapped by three different pairs of which the combined total is equal to half my winnings. When do I close these pairs to cut my losses and start over? Or should I just ride it out and hope to avoid a stop-out? Thanks, BoHanna
  • #2,038
  • Jul 26, 2016 7:53am Jul 26, 2016 7:53am
Welcome to grid trading!
The always correct answer is: ride it out if your pockets are deep and your balls are big.
Other options are hedging and re-entry, worst case is take a loss and start over.
Hope is not a strategy though. Make your plan first and then execute.
As per discussions above, I like the EA to take some actions with hedging and re-entry but clearly there are different views on that.
  • #2,039
  • Jul 26, 2016 7:57am Jul 26, 2016 7:57am
Quoting jdva
{quote} morning buddy...may you share your settings for DAX CFD
I'm with WHS and my minimum is 1, not 0.1 which would be better. Settings: 35% for grid expansion and 15 for grid factor. A 50k account didn't survive a multi-day 200p/day drop on backtest. So waiting for that event now in forward testing.
  • #2,040
  • Jul 26, 2016 8:47am Jul 26, 2016 8:47am
Quoting Route206
Welcome to grid trading! The always correct answer is: ride it out if your pockets are deep and your balls are big. Other options are hedging and re-entry, worst case is take a loss and start over. Hope is not a strategy though. Make your plan first and then execute. As per discussions above, I like the EA to take some actions with hedging and re-entry but clearly there are different views on that.
You're right of course "Hope is not a strategy". I'm leaning towards riding it out to try to cut losses at 20-30% instead of 50%. Is that a reasonable expectation? I want to walk away with as much as possible..
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