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Free EA - Piggy n The Middle

  • #1,161
  • Sep 11, 2016 6:53pm Sep 11, 2016 6:53pm
Quoting fibo38
{quote} Sorry, you use in live thsi setting ? Thanks
No, still on demo.
  • #1,162
  • Sep 12, 2016 5:41am Sep 12, 2016 5:41am
Quoting goldcourse
{quote} No, still on demo.
in demo working fine.
in live lost. Caution
  • #1,163
  • Sep 12, 2016 6:32am Sep 12, 2016 6:32am
Quoting kornrogers
Hello Keyduck, I know that this EA is kind of a finished business to you, but a lot of us are still using it, and with some success. In order to lower the DD, I really need your help to change the opening step positions, so it wont repeat opening positions in the same step. I believe you have mentioned before that one of the first versions would do this, but I was never able to make it work because of the round number settings. Could you please make a version of the v4-2 EA, so it just open one position at each step?

Does anyone know somebody that could make a version of Piggy 4-2 that only opens one order at each step?
  • #1,164
  • Sep 12, 2016 8:30am Sep 12, 2016 8:30am
Quoting dbr222
Hi KeyDcuk, one question - I am running Piggy now for a month also one 10 multi pair (higher volatility pairs) but with large grid sizes of 100 (and TP=100). All in all good results and DD is reasonable. However I would like to apply a general trade manager who does the Piggy way of closing baskets of profitable and non-profitable trades for my perspective in a good way. Can you briefly explain the logic Piggy is doing to identify the right open trades to close? I tried to analyze the mql4-code but as you mentioned due to machine-generation of the...
Hello,

Sorry for the bit of late reply. I am not going much of FF anymore as I have turned my attention to Binary Options at the moment.

As for your question, the trades close at the TP level. If it is trending and TP is 10 pips, it will close each trending position of 10 pips. Then, for each position that is opposing the trend and is left open, the EA will wait for a retracement to happen as far and as many positions open where net profit in money gets converted to this example of 10 pips.

Daniel
  • #1,165
  • Sep 12, 2016 8:39am Sep 12, 2016 8:39am
Quoting kornrogers
Hello Keyduck, I know that this EA is kind of a finished business to you, but a lot of us are still using it, and with some success. In order to lower the DD, I really need your help to change the opening step positions, so it wont repeat opening positions in the same step. I believe you have mentioned before that one of the first versions would do this, but I was never able to make it work because of the round number settings. Could you please make a version of the v4-2 EA, so it just open one position at each step?
Sorry, this is not something I can easily do if at all. The way the EA works is that if it reaches a new grid step then it can reopen a new position at the same level during retracement. I wish I could help more. Sorry again!

Daniel
  • #1,166
  • Sep 12, 2016 9:48am Sep 12, 2016 9:48am
Hello Daniel, tanks for your answer, it's a pity if nobody can work this out, it would be much helpful. I understand your answer, but sometimes, the retracement it's not enough, and with the little steps up or down, it keep adding to losing positions. I know this happens because I'm running a tight grid, but my strategy been working till now, and could be better with this little tweak. Oh well, thanks anyway and good luck.
  • #1,167
  • Sep 13, 2016 7:23am Sep 13, 2016 7:23am
Quoting kornrogers
Hello Daniel, tanks for your answer, it's a pity if nobody can work this out, it would be much helpful. I understand your answer, but sometimes, the retracement it's not enough, and with the little steps up or down, it keep adding to losing positions. I know this happens because I'm running a tight grid, but my strategy been working till now, and could be better with this little tweak. Oh well, thanks anyway and good luck.
Have you tried possibly adding heavier positions to the trend move like 0.02 lots in the trend and only 0.01 lot in the hedge of the grid step? When I tested this in backtest, it was mixed results in large grids. The profit factor was going up much better with only a little of added DD. I did not test it in tight grid.

Daniel
  • #1,168
  • Sep 13, 2016 7:44am Sep 13, 2016 7:44am
Quoting givik
{quote} 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 {file}
What exactly do you mean by it needs proper optimization?

Daniel
  • #1,169
  • Sep 13, 2016 10:37am Sep 13, 2016 10:37am
Quoting keydcuk
{quote} Have you tried possibly adding heavier positions to the trend move like 0.02 lots in the trend and only 0.01 lot in the hedge of the grid step? When I tested this in backtest, it was mixed results in large grids. The profit factor was going up much better with only a little of added DD. I did not test it in tight grid. Daniel
Hello Daniel, I'm using your EA in a little different way, cause I don't have a TP defined in the EA. I use your weighted different lot option that you mention in your post, but I let the trend run, and close all the positions in profit after 100 or 200 pips. Then I leave the retracement do it's own thing. If the orders wont repeat in previous steps, the DD would be smaller. I hope i have make myself understandable.
  • #1,170
  • Sep 13, 2016 10:50am Sep 13, 2016 10:50am
Quoting kornrogers
{quote} Hello Daniel, I'm using your EA in a little different way, cause I don't have a TP defined in the EA. I use your weighted different lot option that you mention in your post, but I let the trend run, and close all the positions in profit after 100 or 200 pips. Then I leave the retracement do it's own thing. If the orders wont repeat in previous steps, the DD would be smaller. I hope i have make myself understandable.
I have tweaked one of my EAs to add this option of no trades nearby which may do what you are looking for.

Let us know how this pans out.

Daniel
Attached File(s)
File Type: ex4 Piggy n The Middle v4-2no trade nearby.ex4   207 KB | 982 downloads
  • #1,171
  • Sep 13, 2016 10:57am Sep 13, 2016 10:57am
Perfect Daniel, thanks a lot for all your help and all your contribution to the Forex Comunity. Will test it and let everyone know of the results.
  • #1,172
  • Sep 13, 2016 11:03am Sep 13, 2016 11:03am
Quoting keydcuk
{quote} Hello, Sorry for the bit of late reply. I am not going much of FF anymore as I have turned my attention to Binary Options at the moment. As for your question, the trades close at the TP level. If it is trending and TP is 10 pips, it will close each trending position of 10 pips. Then, for each position that is opposing the trend and is left open, the EA will wait for a retracement to happen as far and as many positions open where net profit in money gets converted to this example of 10 pips. Daniel
thanks for your sharing . anyway why you turn attention tu Binary ? is Binary more profitable or more easy ? thanks for your information.
  • #1,173
  • Sep 13, 2016 11:27am Sep 13, 2016 11:27am
Quoting ronald_fsm
{quote} thanks for your sharing . anyway why you turn attention tu Binary ? is Binary more profitable or more easy ? thanks for your information.
I have looked at binary because I believe there is less risk in the trading environment. No matter how many pips you go positive or negative, it is still the same payout.

Although a good stop loss and take profit can be used in forex, I just like the idea that if you have 1 positive pip or 50 pips, it's the same payout. The similar occurs in the negative pips, it's a fixed loss rather than counting pips.

It is better for me as I am one that struggle to close positions at loss and keep to stop losses I put in place. This is one of the reasons I decided to pour in my ideas into EAs instead of the wasted hours I have put into manual trading. Manual trading can pay off but there was too much screen time for me and I never had a good chance to enjoy life as much as I should have.

Daniel
  • #1,174
  • Edited 2:04pm Sep 13, 2016 1:17pm | Edited 2:04pm
Hello Daniel, have tested your tweaked version, but it stills reopen orders at each step. Maybe a 10 pip grid(that's what I'm using) is to tight for the tweak you have implemented.

I know like the example below, that if the prices go up, the reopened buy orders help in the retracement, to close the buy orders opened above. But i don't need this, cause i trade in a different way and most of the time I manually close the orders. So if the price continues to go down the reopened buy orders will add to the DD.

Attached Image (click to enlarge)
Click to Enlarge Name: 2016-09-13.png Size: 64 KB


I could use remon's(idea) trend-anti trend EA, cause it doesn't reopen orders on previous step, but it doesn't have the ability to change the lot's size in buy or sell mode like your's does.

Maybe if you had a partial profit on new orders? In the above example, each new buy opened on a previous step would close for profit for example...
  • #1,175
  • Sep 13, 2016 2:59pm Sep 13, 2016 2:59pm
Quoting keydcuk
{quote} Have you tried possibly adding heavier positions to the trend move like 0.02 lots in the trend and only 0.01 lot in the hedge of the grid step? When I tested this in backtest, it was mixed results in large grids. The profit factor was going up much better with only a little of added DD. I did not test it in tight grid. Daniel

Hi Daniel,

How do you input this settings ? Is it like this
In uptrend ----> Buy Lot grid step UP 0.02, Sell Lot grid step UP 0.01
In downtremd ----> Buy Lot grid step DOWN 0.01, Sell Lot grid step DOWN 0.02

So in UPtrend it will take a higher buy size and hedged position will be smaller and vice versa ?

Am I right ?

Thanks

Shane
  • #1,176
  • Sep 13, 2016 3:16pm Sep 13, 2016 3:16pm
Quoting shanem
{quote} Hi Daniel, How do you input this settings ? Is it like this In uptrend ----> Buy Lot grid step UP 0.02, Sell Lot grid step UP 0.01 In downtremd ----> Buy Lot grid step DOWN 0.01, Sell Lot grid step DOWN 0.02 So in UPtrend it will take a higher buy size and hedged position will be smaller and vice versa ? Am I right ? Thanks Shane
That's exactly right. 😀
  • #1,177
  • Sep 13, 2016 3:29pm Sep 13, 2016 3:29pm
Quoting keydcuk
{quote} That's exactly right. 😀
Thanks for the quick reply ... I tried it in another way like UPtrend buy 0.02 but sell 0.00 and vice versa but it still took hedge positions inspite of it being 0.00

Any idea why ?

Thanks

Shane
  • #1,178
  • Sep 13, 2016 3:49pm Sep 13, 2016 3:49pm
Quoting shanem
{quote} Hi Daniel, How do you input this settings ? Is it like this In uptrend ----> Buy Lot grid step UP 0.02, Sell Lot grid step UP 0.01 In downtremd ----> Buy Lot grid step DOWN 0.01, Sell Lot grid step DOWN 0.02 So in UPtrend it will take a higher buy size and hedged position will be smaller and vice versa ? Am I right ? Thanks Shane
You are correct. Your buy/sell-lot-steps should always be higher following the price. So for example if you set buy-lot-grid-step up at .02 then sell-lot-grid-step down should also be set at .02. The other 2 settings remain at .01. I have done many back tests on the grid step settings and grid sizes for many different pairs. The 2:1 ratio always comes out on top.

You cant set the grid step to 0...01 is the minimum. Im not a programmer so not sure if there is a way around that.
  • #1,179
  • Sep 13, 2016 3:49pm Sep 13, 2016 3:49pm
Quoting shanem
{quote} Thanks for the quick reply ... I tried it in another way like UPtrend buy 0.02 but sell 0.00 and vice versa but it still took hedge positions inspite of it being 0.00 Any idea why ? Thanks Shane
It won't take a position at 0 lots. It will always take the minimum it can get if you set it to 0 lots.

Somewhere in the thread there is a version that does what you describe as it only buys up an sells down.

Daniel
  • #1,180
  • Sep 13, 2016 3:57pm Sep 13, 2016 3:57pm
Quoting keydcuk
{quote} It won't take a position at 0 lots. It will always take the minimum it can get if you set it to 0 lots. Somewhere in the thread there is a version that does what you describe as it only buys up an sells down. Daniel
Yes, the 4aa does that.
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