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Expanding Grid

  • #2,301
  • Sep 14, 2016 8:07am Sep 14, 2016 8:07am
hi bauta,

this EA can run in real account?

thanks.
  • #2,302
  • Sep 14, 2016 9:55am Sep 14, 2016 9:55am
Quoting jdva
{quote} Hi Baute thanks for RC, pl. allow a question: I remember there is already a M1 Fractal function to pause early executions in big trends incorporated in EA v034. Is this new M1 feature in v035 now additionally added or does it replace the former M1 fractal function in EA034? Thx and happy pipping, jdva BTW, v034 is working well, almost 5% plus in 2,5 weeks...!
it is an addition and it is based on a moving average.
this is how it works:
guess the market is moving up and EG104 is in symmetry mode, default parameters.

  1. EG104 guess short and sell 0.02 immediately. beginning of the cycle
  2. at level 0 and price crosses the top blue line, the EA will average sell accumulating. sell 0.04 (not filter here. needed for scalping and small profits)
  3. at level 1 and price crosses the blue line, the EA will wait for M1 average to crosses the blue line and for the price to cross below the average to sell 0.08 (it checks average only, not fractals)
  4. at level 2 and crossing the blue line the EA will first wait for M1 fractal and then for M1 average crosses. (it checks for a fractal and then it checks the average)

if you are observing the M1 charts, at level 2 you will see the price crossing the blue line and then close a bar with high above the blue line, then the next minute bar high closes below the previous bar high, that is fractal above the blue line (at least two minutes to form).
now the EA will wait for M1 average crosses above the blue line. (average line above the blue line and price below the average)
What average I am using? Well, it is proprietary, I may release it on the near future.
Thanks for your support and good luck trading,
bauta

  • #2,303
  • Sep 14, 2016 11:23am Sep 14, 2016 11:23am
Quoting akkus45
Hi Bauta , I'm on closure mode on EURGBP ( Maqic 22222 ) from begining of the week but cant close. Isn't there a problem ? Thanks. ( Note: One of chart EURGBP running without closure mode with maqic 11111 ) {image}
Hi Bauta , there is a problem . Can you help me please ? Thanks ( Version is 34c )

(Some charts was closed before, on closure mode automatically)
Attached Image (click to enlarge)
Click to Enlarge Name: Adsız.png Size: 43 KB
https://tracking.avapartner.com/_RwAAA
  • #2,304
  • Edited 12:44pm Sep 14, 2016 11:32am | Edited 12:44pm
Quoting akkus45
{quote} Hi Bauta , there is a problem . Can you help me please ? Thanks ( Version is 34c ) (Some charts was closed before, on closure mode automatically) {image}
it is normal,
it did not closed because the cycle reversed. let it play longer and you will get it closed.
Let me know,
bauta
  • #2,305
  • Sep 14, 2016 12:29pm Sep 14, 2016 12:29pm
Quoting bauta
EG104 v035rc (release candidate) Thanks to asaens15 idea, I am demoing a new release candidate for version 035 what's new? in symmetry mode and grid level is greater than one, the EA will wait for a proprietary M1 reversal signal before accumulate orders. To understand it better, when in symmetry mode, default parameters, this is what happens: as sample, let assume that grid size is 10 pips and EG104 calculate long direction. buy 0.02 market moves up by 5 pips, the EA sell 0.01 now market goes...
Hi Bauta,

Thank you for releasing new version.
I switched my scalping small real account from 034 to 035 from yesterday. What i am seeing so far is that new features overriding Scalping setting and it doesn't work like scalping anymore (taking less orders), I appreciate new features that bringing more safety but profitability dropped too. I just increased Breakevenlevel from 5 to 30 to see if it does help for making more money (Because in EU for example, it took only 4 orders but grid level is 20) . Other option can be increasing Startlotsize but i would like to know if new Balance/lot size calculation needed for this new version. Waiting for your advice.
Thanks
Mohsen
  • #2,306
  • Sep 14, 2016 1:08pm Sep 14, 2016 1:08pm
Lot size increment can be managed or not ?
  • #2,307
  • Sep 14, 2016 1:41pm Sep 14, 2016 1:41pm
Quoting bauta
{quote} it is normal, it did not closed because the cycle reversed. let it play longer and you will get it closed. Let me know, bauta
Yes Bauta , it have closed .It takes some time. Thanks..
https://tracking.avapartner.com/_RwAAA
  • #2,308
  • Sep 14, 2016 2:00pm Sep 14, 2016 2:00pm
Quoting Mohsen-b
{quote} Hi Bauta, Thank you for releasing new version. I switched my scalping small real account from 034 to 035 from yesterday. What i am seeing so far is that new features overriding Scalping setting and it doesn't work like scalping anymore (taking less orders), I appreciate new features that bringing more safety but profitability dropped too. I just increased Breakevenlevel from 5 to 30 to see if it does help for making more money (Because in EU for example, it took only 4 orders but grid level is 20) . Other option can be increasing Startlotsize...
I may add a parameter as s_Filtered=false or so then scalping will not be affected.
let me revise it.
thanks, bauta
  • #2,309
  • Sep 14, 2016 2:00pm Sep 14, 2016 2:00pm
Quoting Vimalshah
Lot size increment can be managed or not ?
only by a multiplier, 2 as default.
thanks, bauta
  • #2,310
  • Sep 14, 2016 4:37pm Sep 14, 2016 4:37pm
Quoting bauta
{quote} I may add a parameter as s_Filtered=false or so then scalping will not be affected. let me revise it. thanks, bauta
Thanks for consideration, other option can be letting positions to be closed by more profits instead of closing them in break even or with minimal profit.
I mean if this new Version taking less orders then there is more possibility for cycle closure or reversal with less margin exposure compares to previous version, so why not letting position to retrace more and making better profits? if it didn't and went back to direction of same cycle still there is less margin exposure because total of open positions are less in this version.

for example: in 034: in scalping method it usually opens over 10 orders before the cycle closed or reversed.
in 035: it would happen with 4 to 5 orders thus even failure of cycle closure in 1st try just ending up to opening more orders that it could be totally less than of previous version.
Generally i would like to have new features in scalping setting because it looks safer so please don't turn them off and only work on a method to increase profitability.
Thanks
Mohsen
  • #2,311
  • Sep 15, 2016 10:39am Sep 15, 2016 10:39am
Quoting Mohsen-b
{quote} Thanks for consideration, other option can be letting positions to be closed by more profits instead of closing them in break even or with minimal profit. I mean if this new Version taking less orders then there is more possibility for cycle closure or reversal with less margin exposure compares to previous version, so why not letting position to retrace more and making better profits? if it didn't and went back to direction of same cycle still there is less margin exposure because total of open positions are less in this version. for example:...
Note I am working in reducing drawdown (DD) not for more profits. You always can override profit setting TakeProfit parameter to a value.
thanks, bauta
  • #2,312
  • Sep 15, 2016 11:28am Sep 15, 2016 11:28am
Quoting Mohsen-b
{quote} Hi Bauta, Thank you for releasing new version. I switched my scalping small real account from 034 to 035 from yesterday. What i am seeing so far is that new features overriding Scalping setting and it doesn't work like scalping anymore (taking less orders), I appreciate new features that bringing more safety but profitability dropped too. I just increased Breakevenlevel from 5 to 30 to see if it does help for making more money (Because in EU for example, it took only 4 orders but grid level is 20) . Other option can be increasing Startlotsize...
revision 035a
please re-download on post one
what is new?
Parameter s_AccumulationFiltered=true; added.
if you set this parameter to false, the EA will not filter the accumulation order when it is on symmetry mode.
I do recommend to have this parameter set as default (true)
note you may need to revise your settings, adding new parameter may reset your setting to defaults.
please post any comments,
thanks for your support,
bauta
  • #2,313
  • Edited 12:35pm Sep 15, 2016 12:25pm | Edited 12:35pm
Quoting bauta
{quote} Note I am working in reducing drawdown (DD) not for more profits. You always can override profit setting TakeProfit parameter to a value. thanks, bauta
I well noted but what is purpose of using this EA? I think main purpose should be reaching to a reasonable risk to reward ratio like 1:3 or min 1:2.
Could you please let us know which setting makes such ratios? We all well know that girding system has potential account blown up in it and there is no why to escape from it against big market movements so trying to make your balance double in shorter time give you a buffer for hard times which it can be achieved by working on profitability only.
Do you making same profit from default setting in new version now? I know it is little bit soon to judge but in my case i am seeing it doesn't by comparing daily returns. if you making same money as before with default setting then i will drop scalping setting and come back to default because Scalping setting with new features makes almost 1/10 of previous setting now.
Regarding profit setting, would you please explain more? i would like to see each closing cycle make a reasonable profit which it can be various depending on grid level. I don't think current static takeprofit parameter works for this purpose and it could lead to taking more risk by overriding cycle closure. In my opinion you need to built it in by coding for letting each closure cycle makes a certain reasonable profit. Please let me know if you need more explanation.
Please accept my apology for little bit harsh comment.
Thank you always.
Mohsen
  • #2,314
  • Sep 15, 2016 3:40pm Sep 15, 2016 3:40pm
Quoting bauta
{quote} Note I am working in reducing drawdown (DD) not for more profits. You always can override profit setting TakeProfit parameter to a value. thanks, bauta
Reducing drawdown (DD) is always best for most traders, because we don't need huge balance, less risk etc. DD is the most important factor in trading system. If less DD then less chance blown up the account.

BTW, EG104 is the best EA in my view, Keep going !!
  • #2,315
  • Sep 16, 2016 2:16am Sep 16, 2016 2:16am
Quoting bauta
{quote} Note I am working in reducing drawdown (DD) not for more profits. You always can override profit setting TakeProfit parameter to a value. thanks, bauta
I do absolutely agree...!

Stay tuned, jdva
I never lose - either I win or I learn...
  • #2,316
  • Sep 16, 2016 1:07pm Sep 16, 2016 1:07pm
Quoting jdva
{quote} I do absolutely agree...! Stay tuned, jdva
Don't take me wrong, risk to reward has target of lower DD in it too but it also considers making bigger profit from the same DD. Imagine that in a cycle with 10 open positions and total order lot size of 2.5 lots you just made 10 dollars (just as a example). Is it Okay for you? you can say that EA could manage the market movement and closed cycle nicely, i agree but what was purpose of opening 2.5 lots? Couldn't it be more effective if it takes less orders or makes more profit from the same cycle, this called edge or risk to reward. Without enough edge, there is no reason for trading.
This is all my understanding and can be totally wrong.
Thanks
Mohsen
  • #2,317
  • Sep 16, 2016 1:55pm Sep 16, 2016 1:55pm
good sample to follow: GBPUSD, real cent account
cycle is at level 9 with 6.17% account on risk. let's follow it to see how it closes.
EG104 v035a, symmetry mode
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 82 KB

bauta
  • #2,318
  • Sep 16, 2016 2:09pm Sep 16, 2016 2:09pm
Quoting Mohsen-b
{quote} Don't take me wrong, risk to reward has target of lower DD in it too but it also considers making bigger profit from the same DD. Imagine that in a cycle with 10 open positions and total order lot size of 2.5 lots you just made 10 dollars (just as a example). Is it Okay for you? you can say that EA could manage the market movement and closed cycle nicely, i agree but what was purpose of opening 2.5 lots? Couldn't it be more effective if it takes less orders or makes more profit from the same cycle, this called edge or risk to reward. Without...
Mohsen-b,
create a demo account and set the EG104 035a with default parameters. Let it run for some weeks and let me now if you see profits. If you prefer to speed thinks up a bit, set GridSizeFactor to 5. No manual intervention please.
use 2 times contract size per setup,
example, if contract size is 100k, you need 200K per each 1 full contract, 10K per each 0.10 and 2K per each 0.01
if you are trading real account, a reserved capital is recommended.
note this EA is not for making rich peoples overnight, if you are looking for more profits, I do recommend you to stop using this EA. I designed this EA with the goal of taking small and consistent profits, playing it correctly and handling news releases with DayTarget, you may get near to 1% return daily.
if you want more than 1%, sorry, this is not the right one for you. I don't have the solution for your requirements, sorry.
Once again, thanks for your interest and comments.
bauta
  • #2,319
  • Sep 17, 2016 9:56am Sep 17, 2016 9:56am
Hi Bauta and fellow martingalers.
I have been carefully watching slow visual backtests to see what happens when blowouts take place.
There may be a way to help avoid this.
Say we are at the start of a long buy trend. Our counter (symetry) sell trades soon mount up to say level 9 or 2.56 lots as price keeps rising.
Meanwhile we are taking a few buy trades in the right direction which keep hitting TP. However these amounts are very small in relation to the drawdown.
We need price to fall down to the magenta line right?
But these small trades in the "right" direction don't help because when price does retrace a little, these small trades are now going in the wrong direction and they push the magenta line further away from price, making it harder for us to clear the drawdown.
My suggestion is to stop taking counter trades once we have hit level 8 or 9 so that we give our huge trades the best chance to TP.
  • #2,320
  • Sep 18, 2016 1:02pm Sep 18, 2016 1:02pm
Quoting bauta
{quote} Mohsen-b, create a demo account and set the EG104 035a with default parameters. Let it run for some weeks and let me now if you see profits. If you prefer to speed thinks up a bit, set GridSizeFactor to 5. No manual intervention please. use 2 times contract size per setup, example, if contract size is 100k, you need 200K per each 1 full contract, 10K per each 0.10 and 2K per each 0.01 if you are trading real account, a reserved capital is recommended. note this EA is not for making rich peoples overnight, if you are looking for more profits,...
Thank you for your advice. I opened a demo account and i did whatever you said, i will post the result within next two weeks.
I am not going to and didn't expect to make big money with this EA, if it makes 1% per day i would be more than happy.
What i said was for Scalp setting which is not match with accumulation setting and EA doesn't make even 0.01% per day.
I didn't request special solution for me personally, i am trying to help making this EA much better so that it would be beneficial for everybody.
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