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Free EA - Piggy n The Middle

  • #1,121
  • Edited 4:11pm Aug 17, 2016 8:03am | Edited 4:11pm
The price is moving up. If the EA was too slow, it would close at higher pricelevels, and thus increasing profit.
I think it is the broker-side. That the orders are maybe closed too quickly, and the broker only finds a market at lower levels.

Or I could increase the take-profit setting. That would require another round of backtesting and optimisation on my part.

Or we could instead of closing the trades, edit the take profit /stop loss level of each open trade?
Since the take-profit level is a property of the trade, and the trade "lives" on the broker side, I expect that a take-profit level is executed from the broker side and not from the client side. And this should more or less guarantee a result which is closer to the objective?
I am not sure if it is possible to update the TP levels of all orders so close to market price? Or if we can change the EA to do this?

Update: had a reply from the broker. very helpfull. First suggestion was liquidity issue and an explanation on how liquidity functions.
Still, I think with a major pair and no big news event, a big broker would have enough liquidity on the major pairs to service a mini account?
Do you happen to know where can I find detailed logs so I can check if the close-order command was send at the same (mili)second from my MT4 client?
Being good at what you do is a result of having fun
  • #1,122
  • Aug 18, 2016 3:04am Aug 18, 2016 3:04am
Quoting paqralos
Hi, I am wondering this EA works on any pair of currency? Thank you.
Honestly, I think it works - I am running it on a demo for AUDUSD with TP 30Pips and Distance of 20Pips now for 2 months on a VPS 24/5.
Result overall is not bad. Generated ~3,300 pips in two months which could be higher if it would not stuck in a larger drawdown the last 2-3 weeks due to the strong trending phase. But in the end it recovered.

If I do some simple math would say that I could make some 1500-2000pips per months which means with a 0.01 lot settings, I could make some 200 EUR per months.
Max drawdown in this time period was 5000pips (=in the end 500 EUR) but most of the time it is around 1000-1500 pips. Max trades open ~60

So if I am conservative I could use 1K account which should not be blown-up in the end and let it run making some 200 EUR per month which is 20%/month. For better money management in case I would like to increase my exposure I would a new account and start a new session of Piggy to bring some variance in my overall piggy-portfolio.

I think this EA is in the end really promising.

@Egosuma, Goldcourse: What are your thoughts on your experiences made so far with this EA?
  • #1,123
  • Aug 18, 2016 5:47am Aug 18, 2016 5:47am
Quoting dbr222
{quote} Honestly, I think it works - I am running it on a demo for AUDUSD with TP 30Pips and Distance of 20Pips now for 2 months on a VPS 24/5. Result overall is not bad. Generated ~3,300 pips in two months which could be higher if it would not stuck in a larger drawdown the last 2-3 weeks due to the strong trending phase. But in the end it recovered. If I do some simple math would say that I could make some 1500-2000pips per months which means with a 0.01 lot settings, I could make some 200 EUR per months. Max drawdown in this time period was 5000pips...
Small grid size = good profits/ large DD..Large grid size = slow profits/ smaller DD..There is no way around this basic issue. At least not one I have found.
  • #1,124
  • Aug 18, 2016 7:05am Aug 18, 2016 7:05am
Quoting Egosuma
Again my orders were not closed at the same level in a live account, resulting in a small net loss instead of a profit; Do you have any suggestions on how we can deal with this? I already mailed my broker for advice (fxcm) but am waiting for reply) {image} {image}
Even in demo, I have observed that trades take losses when a group of trades close in large numbers. It is not unique to a live environment. Although I am not sure why this happens, I can only think it to be of 2 reasons.

1. In large numbers the programming behind the EA cannot calculate well the translation of P/L amount to pips when many positions are open.
2. Somehow when many positions are open, there is some sort of spread issue that happens where spread is greater than TP.

Whether it is for one or two of these reasons or something else, I am not sure but this is the only answer I can come up with.

Daniel
  • #1,125
  • Aug 18, 2016 7:29am Aug 18, 2016 7:29am
As I stated before, I was using piggy, but this also happened to me many times, with positions closing at a loss, specially when we use different sized lots in up or down movements. I believe somehow piggy can't transform the pip value to money to close them in profit. For now I'm using Antitrend EA based on remon's theory, that behaves similar to pigggy, one chart with only buy and one chart with only sell. I don't have this close positions at loss issue now cause it as the TP in money.
  • #1,126
  • Aug 18, 2016 7:44am Aug 18, 2016 7:44am
permission download thank you for sharing
Abdullahamal
  • #1,127
  • Aug 18, 2016 8:42am Aug 18, 2016 8:42am
Quoting dbr222
{quote} Honestly, I think it works - I am running it on a demo for AUDUSD with TP 30Pips and Distance of 20Pips now for 2 months on a VPS 24/5. Result overall is not bad. Generated ~3,300 pips in two months which could be higher if it would not stuck in a larger drawdown the last 2-3 weeks due to the strong trending phase. But in the end it recovered. If I do some simple math would say that I could make some 1500-2000pips per months which means with a 0.01 lot settings, I could make some 200 EUR per months. Max drawdown in this time period was 5000pips...
0.01 lot setting for 1K account is definitely not for my appetite.
You will encounter very high DD at some point.
Ideally for me, 3K for 0.01 lot .
  • #1,128
  • Aug 18, 2016 1:24pm Aug 18, 2016 1:24pm
Quoting goldcourse
{quote} 0.01 lot setting for 1K account is definitely not for my appetite. You will encounter very high DD at some point. Ideally for me, 3K for 0.01 lot .
Like said my max DD was ~5000 pips. And the trend in the last week was quite consistent... what was your max DD in pips?
  • #1,129
  • Edited 2:15pm Aug 18, 2016 1:46pm | Edited 2:15pm
Regarding the issue where orders were not closed in the same level:
I investigated the logfile.
The closing of the open buy positions took 13 seconds.There were +/- 50 orders to be closed.
In this 13 seconds the price fluctuated. This would have caused the unexpected result.

Is there a way we can speed up the closing of orders? especially if there are multiple?
Or other suggestions are also welcome of course ?

The logfile does shows that the orders are processed in sequential order.
Does this mean that the MT4 engine waits until it received confirmation on the first order is closed before it sends out the close of the second one? Or is this behaviour imposed by programming?

maybe a tricky solution to minimize the impact:
open one position in the other direction where lotsize is the total amount of all other positions, then you can close all the order including the negative one?
This would come at the cost of a spread, and I am unsure if it is even possible to do this? (since we already have buy&sell positions open).
We would need to work with different magic numbers, one for opening, one for closing.....
Being good at what you do is a result of having fun
  • #1,130
  • Aug 19, 2016 6:50pm Aug 19, 2016 6:50pm
August to date results. Not as impressive as Gold but Im trading small and trying to control DD. I am not trading Piggy like you guys. Because I am in the U.S and my oppressive overlords say I can not buy and sell at the same time. So bi-directional grid trading is out unless I want to visit a shady off shore, which at this time I would rather not. So if I do decide to go live with a small live account it will be with Oanda or FXCM. I can however, go 2 hours down the road and blow my life savings at the Foxwoods roulette wheel if I want. Thank God my government knows how to protect me from myself.

Anyway, I am gridding in one direction only. Instead of looking for ranging pairs, which piggy trades well, I now look for trending pairs and grid with the current trend. I look mostly at 4 hour/daily for the trend. I trade a basket of 4 pairs at once. It was not hard to set the EA up to do this. I dont have set tp targets. As the EA runs I close out winners and sometimes some longer term losing trades to keep the DD in check. This works out well as I can get some good profit if a pair runs for a bit. I also have an EA that closes all trades once a certain equity target is hit (usually 1% gain). This works well also as once the target is hit, it cleans out the whole grid and stops trading. This allows me to pick my next set of pairs to use and restart the grid. Today finishes 3rd week of testing, max DD for the period is 3.86%. I can live with that.

5000.00 account start--50:1 leverage

Attached Image

Attached Image (click to enlarge)
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  • #1,131
  • Aug 20, 2016 4:19am Aug 20, 2016 4:19am
Update....
Aug 15 to Aug 19

DD for the week did not exceed 10%
Profit for the week was +9.47%
Accumulated profit is now +134.24%
  • #1,132
  • Aug 27, 2016 6:22am Aug 27, 2016 6:22am
Quoting keydcuk
{quote} Even in demo, I have observed that trades take losses when a group of trades close in large numbers. It is not unique to a live environment. Although I am not sure why this happens, I can only think it to be of 2 reasons. 1. In large numbers the programming behind the EA cannot calculate well the translation of P/L amount to pips when many positions are open. 2. Somehow when many positions are open, there is some sort of spread issue that happens where spread is greater than TP. Whether it is for one or two of these reasons or something...
Hello friend I am following your work and I really like, I wanted to share a ea that while generates incredible results I think it needs proper optimization that trust we will do that together. a greeting
Attached File(s)
File Type: mq4 new 1.mq4   6 KB | 605 downloads
  • #1,133
  • Aug 27, 2016 9:44am Aug 27, 2016 9:44am
Update....
Aug 22 to Aug 26

DD for the week did not exceed 10%
Profit for the week was +9.46%
Accumulated profit is now +143.7%
  • #1,134
  • Aug 27, 2016 11:55am Aug 27, 2016 11:55am
[Quote = givik; 9104839] {quote} Hola amigo estoy siguiendo su trabajo y me gusta mucho, que quería compartir una EA que, si bien genera resultados increíbles creo que necesita la optimización adecuada que confiamos en que vamos a hacer que en su conjunto. un saludo {archivo} [/ quote]

Givik,

Lets go see it.
What is the recommended currency pair ?
  • #1,135
  • Aug 27, 2016 12:43pm Aug 27, 2016 12:43pm
[Quote = fibo38; 9105078] [Cita = givik; 9104839] {quote} Hola amigo estoy SIGUIENDO Do Trabajo y me gusta mucho, Que Quera compartir Una EA Que, si bien géneros Resultados increbles Creo Que NECESITA La optimizacin Adecuada Que confiamos En que vamos a Hacer Que es Su Conjunto. un saludo {archivo} [/ quote] Givik, Deja para ir a verla. ¿Cuál es el par de divisas se recomienda? [/ Quote]
Friend I've had in eurusd in different configurations, the question here would be
optimize this ea with genetic algorithm but is very slow in mt4, I thought of spending the ea to mql5 but are not optimized with mt5 do and say is faster
  • #1,136
  • Aug 29, 2016 11:46am Aug 29, 2016 11:46am
Quoting goldcourse
Update.... Aug 22 to Aug 26 DD for the week did not exceed 10% Profit for the week was +9.46% Accumulated profit is now +143.7%
when will you go live with it?


edit: I just let it ran for today
and it looks like this:

DD: 65%
Total open positions: 97 (49/48 long/short)
11 closed trades for 0.42% daily gain.
  • #1,137
  • Aug 29, 2016 1:40pm Aug 29, 2016 1:40pm
Hi Folks, Sorry if I sound like a novice, but on Demo account - I get "waiting for tick" after loading - the EA on the chart - here is an image.
I am using v4-2 off the page1
I have also run force load history - didn't seem to make any difference
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.jpg Size: 142 KB
  • #1,138
  • Aug 30, 2016 12:37am Aug 30, 2016 12:37am
Quoting atraderfx
Hi Folks, Sorry if I sound like a novice, but on Demo account - I get "waiting for tick" after loading - the EA on the chart - here is an image. I am using v4-2 off the page1 I have also run force load history - didn't seem to make any difference Thanks {image}

Check the settings, maybe you have a big input round number pip set.
  • #1,139
  • Aug 30, 2016 12:40am Aug 30, 2016 12:40am
Quoting FXCyborg
first off, i gave u the set, if ur not capable of punching those numbers in the input settings, then there's nothing I can do to help you. and GBP/JPY is not a 30 pip spread. and the results are fine, i've already done the testing, in fact for the past 4 months. you just got here. learn to test before you make assumptions.

Hi, did you went live account with this EA after your tests?
Really curious of the outcome,

Regards.
  • #1,140
  • Aug 30, 2016 4:06am Aug 30, 2016 4:06am
Quoting dttsomh
{quote} Hi, did you went live account with this EA after your tests? Really curious of the outcome, Regards.
Yes.

I put in $50k... I've doubled it since. (approx 7 weeks ago)
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