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Free EA - Piggy n The Middle

  • #1,201
  • Oct 5, 2016 7:47pm Oct 5, 2016 7:47pm
Quoting thorn
{quote} Who exactly is more eager?
The discussions in this thread would have been straight forward if participants just forward test the default setting; 200 pip grid, 100 TP. I spent more than 50 hours since 3 days ago reading up to page 49 and u know what... it seems to me that numerous versions were posted just so that grid 5-25 pips could be tested and failed, and I came across 1 instance of a new participant back then blowing a demo account in below 24 hours because he/she used a 5 pips grid.

Me? Eager? Yes, I am eager to apply an EA to my chart on my own terms so that I don't have to manually set the limit orders, stop orders at certain levels/grids and partly my terms are as stated in my previous post.

I don't believe that EA shoud run 24/5. And for me 2 hours into London open and another 2 hours of NY would be enough. Some day I win, some day not. Its a fair expectation, and I know I can't win every trading day. Rather than having huge DD, I'd rather cut loss after a specified hours of Euro/NY markets.

Cheers.
  • #1,202
  • Oct 5, 2016 11:54pm Oct 5, 2016 11:54pm
I think this kind of grids you can only set and forget if you set a large grid size backtesting
in about 10 years if you want to survve your account. anyway you can also limit the grid size but
you can limit the number of operations in the grid. if you have few operations when the market flows in your favour
you hit the take profit. I prefer smaller grid size but limit the number of operations.
  • #1,203
  • Oct 6, 2016 4:08pm Oct 6, 2016 4:08pm
Quoting naufas
{quote} The discussions in this thread would have been straight forward if participants just forward test the default setting; 200 pip grid, 100 TP. I spent more than 50 hours since 3 days ago reading up to page 49 and u know what... it seems to me that numerous versions were posted just so that grid 5-25 pips could be tested and failed, and I came across 1 instance of a new participant back then blowing a demo account in below 24 hours because he/she used a 5 pips grid. Me? Eager? Yes, I am eager to apply an EA to my chart on my own terms so that...
Interesting take on grid trading. I always thought of grids more long term. Did you trade it today? As long as the ranging days out number the trending days you should do ok I think.
  • #1,204
  • Oct 7, 2016 7:52am Oct 7, 2016 7:52am
Hi all,

Just wanted to let you know of performance of this EA when the black swan event of 800 pip crash to GY happened today. It survived. Losses on my demo account was at 1%. I ran 10,000 USD for a 0.01 lot account. So I am still 14% up since the account opened one month ago (15% to 14% profit)- Not bad.

Regards

Haemdoc
  • #1,205
  • Oct 7, 2016 8:10am Oct 7, 2016 8:10am
Quoting haemdoc
Hi all, Just wanted to let you know of performance of this EA when the black swan event of 800 pip crash to GY happened today. It survived. Losses on my demo account was at 1%. I ran 10,000 USD for a 0.01 lot account. So I am still 14% up since the account opened one month ago (15% to 14% profit)- Not bad. Regards Haemdoc
Can you please share your settings please. I plan to use the Piggy EA with real money soon. I think it has a clever way of trading and will make through with a proper MM.
Great to hear it has survived the shock.
  • #1,206
  • Edited 8:31am Oct 7, 2016 8:17am | Edited 8:31am
Quoting Ocsag
{quote} Can you please share your settings please. I plan to use the Piggy EA with real money soon. I think it has a clever way of trading and will make through with a proper MM. Great to hear it has survived the shock.
I have used the settings by fxcyborg

You can see that on one of the earlier pages. One thing that helped the account was a small lot size 0.01 for 10000 usd account. Do let me know if you can't find the settings. Thanks

Quoting Ocsag
{quote} Can you please share your settings please. I plan to use the Piggy EA with real money soon. I think it has a clever way of trading and will make through with a proper MM. Great to hear it has survived the shock.
Here it is

I must say that you don't get that kind of return. I saw 10% per month.
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  • #1,207
  • Oct 7, 2016 9:03am Oct 7, 2016 9:03am
Quoting haemdoc
{quote} I have used the settings by fxcyborg You can see that on one of the earlier pages. One thing that helped the account was a small lot size 0.01 for 10000 usd account. Do let me know if you can't find the settings. Thanks {quote} Here it is I must say that you don't get that kind of return. I saw 10% per month. {image}
Thanks haemdoc. I think I got the settings as shown below:

On a 10,000$ account:
UPTREND LONG = 0.03 lots
UPTREND SHORT = 0.01 lots
DOWNTREND LONG = 0.01 lots
DOWNTREND SHORT = 0.03 lots
Net TP = 30
Rounding = 20
GBP/JPY
v4.2

I would appreciate if you could clarify the TP & rounding figures are they in pips or points (i.e. 300 & 200 OR 20 & 30).
  • #1,208
  • Oct 7, 2016 10:26am Oct 7, 2016 10:26am
hello is possible (ea Piggy) with micro suffix?

Tks
  • #1,209
  • Oct 7, 2016 6:18pm Oct 7, 2016 6:18pm
Quoting Ocsag
{quote} Thanks haemdoc. I think I got the settings as shown below: On a 10,000$ account: UPTREND LONG = 0.03 lots UPTREND SHORT = 0.01 lots DOWNTREND LONG = 0.01 lots DOWNTREND SHORT = 0.03 lots Net TP = 30 Rounding = 20 GBP/JPY v4.2 I would appreciate if you could clarify the TP & rounding figures are they in pips or points (i.e. 300 & 200 OR 20 & 30).
If you are using version 4.2 rounding is in pips. So 20 is 20 pips. Same with TP. I would caution using that small of a grid on GBP/JPY or any pair that has a high daily range. The wonderful results that the above poster got on last nights spike is just a pipe dream on a real account. There would have been slippage/frozen platform/off quotes etc. You dont get all that fun stuff in demo.
  • #1,210
  • Oct 7, 2016 6:24pm Oct 7, 2016 6:24pm
Quoting schizzo
hello is possible (ea Piggy) with micro suffix? Tks
Yes..At least the ones I have tested it works fine.
  • #1,211
  • Oct 9, 2016 12:23am Oct 9, 2016 12:23am
Quoting thorn
{quote} If you are using version 4.2 rounding is in pips. So 20 is 20 pips. Same with TP. I would caution using that small of a grid on GBP/JPY or any pair that has a high daily range. The wonderful results that the above poster got on last nights spike is just a pipe dream on a real account. There would have been slippage/frozen platform/off quotes etc. You dont get all that fun stuff in demo.
Thanks thorn. Very clear. Did not notice that V4.2 has the input values in pips unlike the previous version.
I will be avoiding GBP pairs once starting my live trading. During testing I have found that USDJPY is stable with consistent profits.
  • #1,212
  • Oct 9, 2016 10:08am Oct 9, 2016 10:08am
Quoting Ocsag
{quote} Thanks thorn. Very clear. Did not notice that V4.2 has the input values in pips unlike the previous version. I will be avoiding GBP pairs once starting my live trading. During testing I have found that USDJPY is stable with consistent profits.
Any pairs that are ranging work the best. Just pull up a daily chart and its easy enough to see. Take GBP/AUD for example. No way you would want to put a bi-directional grid on that pair. I only trade in one direction since I am in U.S and cant hedge, so I do the opposite and look for trending pairs.. Gridding E/G long this week and made some nice profit. But it was demo and no slippage/off quotes to deal with so in real life probably would not have made as much. You can check my acct link in my profile.

Also don't rule out testing piggy as a one directional grid. Because I cant hedge I had no choice but to configure a strategy to do that. I have found I like it better than the Bi- directional grid. Follow the longer term trend and grid in that direction. Its a bit more complicated to explain how I pick the pairs but if you are half way decent at seeing trend lines and S/R levels you increase the odds of getting into the right direction at the right time. It also helps to have acct size big enough to trade multiple pairs at once. I tend to trade 4 pairs at any given time. So since I am pretty good at picking the right direction I can close out some of my losing trades by off setting with winners if I need to.. Its kind of a continuous balancing act but it keeps the draw down in check. I set equity targets for my acct and once I reach the target I close down the whole grid and start fresh with a new set of pairs. Flushing out the system so to speak. So the EA makes the trades but I do a lot of intervention to manage the trades. Grid trading is all about maintaining a fairly smooth equity curve and not letting DD get out of control.

Best of luck..
  • #1,213
  • Oct 11, 2016 9:45am Oct 11, 2016 9:45am
Quoting thorn
{quote} Interesting take on grid trading. I always thought of grids more long term. Did you trade it today? As long as the ranging days out number the trending days you should do ok I think.
I have not tested the EA, and if possible, I would not want to go into hedging in the first place.

After reading some great ideas in this thread, I believe by focusing more on momentum indi such as AO and basically using M15 as momentum bias (let say sell when M15 AO bars are below level 0) and M5 4th-5th bar above level 0 as entry sell signals. At least that how I get my signals. In the past, I used to go into the strength of the trend only to be caught selling at the bottom/buying at the top, but since I applied the idea of utilising momentum in my trading, my entry points had improved and I am very happy about it. As to exit points, I use M1, when in Sell, I close my entries after 4-5 bars of AO M1 below level 0.

The idea behind the Piggy EA is great, but we can always improvised because most of the time market are ranging, at least 10-25 pip a few times every day. Of course there will be times when we could be caught in a sudden strong intraday trend. Thats why, I don't stay in a trade for too long and 4-5 bars of AO M1 as exit signal is all that I need to stay focus and content.

I wish all of you success, and could find ways to stay profitable and avoiding huges losses or prolonged DD.
  • #1,214
  • Oct 11, 2016 6:46pm Oct 11, 2016 6:46pm
Quoting naufas
{quote} I wish all of you success, and could find ways to stay profitable and avoiding huges losses or prolonged DD.
Success to you also. Grids are easy to set up and you dont need to stare at the screen all day. I have a day job so it works for me. Been testing different grid systems for long time and all the pure mechanical ones fail at some point or you get huge emotion killing DD that would make you pull the plug. That is why I switched to a half EA/half me type system. You seem to favor the same approach so Im sure you will figure a way to make it work.
  • #1,215
  • Oct 11, 2016 8:25pm Oct 11, 2016 8:25pm
Quoting thorn
{quote} Any pairs that are ranging work the best. Just pull up a daily chart and its easy enough to see. Take GBP/AUD for example. No way you would want to put a bi-directional grid on that pair. I only trade in one direction since I am in U.S and cant hedge, so I do the opposite and look for trending pairs.. Gridding E/G long this week and made some nice profit. But it was demo and no slippage/off quotes to deal with so in real life probably would not have made as much. You can check my acct link in my profile. Also don't rule out testing piggy...
Dear thorn

Can you share your settings for the non hedged version of EA that you are currently using? Also please mention which version of EA you are using.
Thanks
haemdoc
  • #1,216
  • Oct 12, 2016 3:10pm Oct 12, 2016 3:10pm
Quoting haemdoc
{quote} I saw 10% per month. {image}
Same here, which is still a very good result and certainly nothing to discard.
But it will require a strong attitude, even the safest of settings can (and probably will) blow your account eventually.

Plan your strategy accordingly when using this.
Being good at what you do is a result of having fun
  • #1,217
  • Oct 12, 2016 6:36pm Oct 12, 2016 6:36pm
Quoting haemdoc
{quote} Dear thorn Can you share your settings for the non hedged version of EA that you are currently using? Also please mention which version of EA you are using. Thanks haemdoc
Using version 4-2. To make it non-hedged you need to go to common tab a pick "only long" or "only short" depending on which way you want to go. Since piggy is designed to open both ways you may see an error in your experts tab saying that a trade was not allowed. This is ok because it is stopping either the long or the short from executing. Exactly what you want. Settings vary depending on pair traded. My rule of thumb for grid spacing is ADR/3. So for example if ADR is 100 grid size is 100/3 = 33.33. I like to round up to next zero so I would grid that pair at 40. For more volatile pairs like gbp/aud, gbp/cad etc. I like a larger grid so ADR/2. Even for slow moving pairs I tend not to use anything less than 25 for grid. My biggest period of draw down was caused by me using too small a grid for the pair I was trading. For TP, usually go with 2x the grid size + 10. So if I am doing a 25 pip grid 25x2+10=60. I mostly use that so if a pair gets a decent run my way I want to bank it before it retraces. Many times though I may close out earlier or set TP higher if I think it will keep going. Since I trade multiple pairs I am more interested in the overall P/L of the whole basket not just one pair. If I was to trade just one pair I would probably set the TP a bit lower, maybe 1.5 x grid size.

For lot size you only have to set the one direction. I use buy-step-up .02, buy-step-down .01 if going long. sell-step-down .02, sell-step-up .01 if going short.

Its been a rather slow week for me. 0.74% gain but even less DD so I am ok with that. Close to my monthly 5% target so I will not push it.

Good Luck.
  • #1,218
  • Oct 14, 2016 9:57am Oct 14, 2016 9:57am
Quoting thorn
{quote} Using version 4-2. .... Good Luck.
alternatively, instead of calculating the gridsize and the take profit, you can let the optimizer run and find optimal settings that way.
However, this may consume quite some time.
Being good at what you do is a result of having fun
  • #1,219
  • Oct 14, 2016 12:03pm Oct 14, 2016 12:03pm
Ok, I am giving it a go. I started this week with real money on usdjpy only. So far it looks fine, will see how it goes. I am using piggy V 4.0
  • #1,220
  • Oct 15, 2016 3:41am Oct 15, 2016 3:41am
for the optimize in back test wich period? 1 month? 4 month? when you find the optimal setting for grid size sl tp how are you sure that's for tue future?
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