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?
Ignored
This is a excellent point. Back testing results can change even if you start the start/end dates by just a few days. The optimizer is very slow to run also. I think BT's at best, can give an idea about what pairs might be more stable over a longer period of time, but like you said the future is unknown. This is why I don not trade it as a pure mechanical grid.
thorn so as i saw also in other treads about grids they go to look the pairs that are in trend
and they go one direction only. the problem is that when the market changes the direction.
or another way is to go in range pairs but with very large grid size and wait the price to bounce
from one side to another but in this case it is very long to expect the result.
to me the immediate result you have with the trend pair. and to close all the operations when
reach the target. the problem is how to find the pairs to trade. you have some good indicators
and can suggest one time frame to look for and to trade with this ea?
thorn so as i saw also in other treads about grids they go to look the pairs that are in trend and they go one direction only. the problem is that when the market changes the direction. or another way is to go in range pairs but with very large grid size and wait the price to bounce from one side to another but in this case it is very long to expect the result. to me the immediate result you have with the trend pair. and to close all the operations when reach the target. the problem is how to find the pairs to trade. you have some good indicators...
Ignored
I use the EA as a tool. My trading is half EA and half manual. If you are looking for me to give you settings and pairs to trade I can not do that. I do not punch in settings and let the EA fly. I constantly monitor and adjust as the week goes on.
Yes I trade in one direction. Mostly go with the longer term trend direction, but I do sometimes trade a ranging pair if it looks to be bouncing off S/R levels.. Use no indicators. If you read my earlier posts, you can see the basic outline on how I trade this. Trends do change direction eventually but most times there are ranging periods before that happens. That is why I trade multiple pairs. As long as the pairs are not correlated, the odds of them all changing direction at once is slim. Since I close down my grids when I reach a certain equity target, I am not married to one certain pair. I adjust as I go along. This week has been very slow for me. Only trading 3 pairs, they been pretty flat all week. I made nice gain last week. It happens. Need patience when grid trading.
{quote} 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...
Ignored
dear thorn,
Very thoughtful and considerate of you to share your style of trading. Hopefully you see many more green pips. I am doing a partial manual style where I close heavily lost trades, so that margin call is avoided. I have a real account and demo account running the EA. The big issue is when there is no retracement as it keeps opening contra trades in an algo fashion. GY is ripe for that kind of movement too. Lets see how this goes.
Hello Programmers!
I've been struggling trying to use Fxdreema to compile my EA. I need to create pivot, support and resistance lines, based on a H4 candle that I'll specify by "Time". The EA would draw these pivot/S/R lines on the chart, and use these lines for trades. While trading, the EA would use these pivot lines for trigger, TP and SL values. This is what I've done so far https://fxdreema.com/shared/oYx2D4SF. The problem is that I think I did something wrong. I have defined the pivots and drawn the lines, but trades do not recognise the lines to use them as conditions for trading, TP and SL.
took long enough playing with this ea tonight to figure it out guess it does pretty good once you get the bugs out of it{image}
Ignored
Dear alpinepr
I can test with your figures but I never get your result. I really do not know whats wrong. but something is wrong.
Have you really tested on 4h roughly 2 months?
{quote} Dear alpinepr I can test with your figures but I never get your result. I really do not know whats wrong. but something is wrong. Have you really tested on 4h roughly 2 months?
Ignored
Just note that the time-frame is irrelevant in this strategy. It works on price gap (Round numbers) and this has nothing to do with the TF you attach the EA to.
There is something not correct in alpinepr image. In the settings there is no 0.1 lot size for sell trades but in the list of trades you can clearly see that the Sell trades were at 0.1 lot size.
alpinepr can you please attach the full results for the Back Test you have done for EURJPY.
Hi to all
I have a problem!
1 - I attached EA V4-2 from 7 hours ago since now , but dont any trade open yet . is it ok????
2 - My another problem is ,i can attached only v4-2 on my charts and v4 and v4-1 dont attached . Is these expired version?
|
Joined May 2014
|
Status: looking for new opportunity
|185 Posts
expect horrible drawdown.... but if you survive, it could work.
Very difficult finding settings where risk/reward ratio is appealing, ie: there is only 1 risk; you blow your account.
I am trying to find settings that have high probability of at least doubling an account, so I can withdraw the initial deposit, and then take it from there.
Being good at what you do is a result of having fun
expect horrible drawdown.... but if you survive, it could work. Very difficult finding settings where risk/reward ratio is appealing, ie: there is only 1 risk; you blow your account. I am trying to find settings that have high probability of at least doubling an account, so I can withdraw the initial deposit, and then take it from there.
Ignored
Drawdown is not horrible if traded right. With grids there will always be drawdown, no way to avoid it.. If you are willing to accept 3-5% monthly, DD can be kept to around 20% or less. Trading it as a pure mechanical, one pair, set and forget grid will not work long term. I have a 6 month demo still running with this EA. 48.92% gain with a max DD of 22%. Average DD runs around 10% or less at any given time.
