Try My EA! Need Group Feedback... | Page 44 | Crypto Craft

Options

Go to
Permalinks
Print Thread

Related Instruments

Gold/USD

Similar Threads

USD/TRY and EUR/TRY 12 replies

Fibo Group Feedback 23 replies

Need feedback on my trading breakouts system 8 replies

One World Capital... Need feedback 2 replies

Need feedback on FXCM Educational workshops 3 replies

Attachments: Try My EA! Need Group Feedback...
Exit Attachments

Try My EA! Need Group Feedback...

  • #861
  • Jan 13, 2015 11:11am Jan 13, 2015 11:11am
@periphery

If you are looking at the 2.1 results on a chart that the EA isn't actually running on, there's not any horizontal lines on other charts. It's only set to draw them on the chart the EA is attached to. I'll check to be sure when I get back to the computer.
A good man knows his limitations ~ Clint Eastwood
  • #862
  • Jan 13, 2015 11:13am Jan 13, 2015 11:13am
@Pipster
Quote
Hah! Price went right up to my target, made me lose 1 dollar, and went back down! Now, it needs to go down some more.

Did you get out manually? How did that level you got out at match up to the BE line on the chart?
A good man knows his limitations ~ Clint Eastwood
  • #863
  • Jan 13, 2015 3:37pm Jan 13, 2015 3:37pm
http://www.kitco.com/images/live/nyg...07787682455684


Quoting dgodfrey
I went ahead and took down the SR explorer results until I get the code straightened out. ....
Help me understand your profit taking plan. The way I understand it you have a global target that you want to achieve overall, while closing sets of unhedged trades at local profit levels, which allow a cycle to be started over without an immediate loss, but may be carrying some DD that has to be overcome so that the global, overall profit can be finally realized. Does this sound correct?

Quote
Did you get out manually? How did that level you got out at match up to the BE line on the chart?

Nothing manual, the EA reached it's target. price must have slipped a little...the EA has cycled a few times since then for a little profit.
Too close for pips, switching to points.
  • #864
  • Jan 13, 2015 4:46pm Jan 13, 2015 4:46pm
Quoting Thepipster
{image} {quote} Help me understand your profit taking plan. The way I understand it you have a global target that you want to achieve overall, while closing sets of unhedged trades at local profit levels, which allow a cycle to be started over without an immediate loss, but may be carrying some DD that has to be overcome so that the global, overall profit can be finally realized. Does this sound correct?
Kind of, if I understand what you mean .

The first thing with the original idea is that it's non-discretionary about the entry point. Sometimes you enter a new grid at a good point, other times not so much, but thats entirely random. So one idea was to catch places where there is some likelihood of good movement away from the entry point one way or another to be able to get to the target quicker.

The second thing with the modification is that there are opportunities constantly, which are necessarily passed on with the original idea if you had several hedges already in the same range as the opportunity. Once you get a pretty good size hedge box going, you have to wait a long time while the price oscillates where the hedges are. The SR version tries to capture some of that activity as profit and pay off on some of the hedge loss at the same time, and hopefully all of it, enabling a clean start to a new grid rather than being stuck on the sidelines waiting for a big market shift.
A good man knows his limitations ~ Clint Eastwood
  • #865
  • Jan 13, 2015 6:20pm Jan 13, 2015 6:20pm
Quoting dgodfrey
Sort of frustrating, still exterminating bugs lol. At first blush it looked like an account drainer then realized it's only carry more and more hedges, never getting rid of them with the profits. So the balance went through the roof while the equity dropped through the floor, lol. Back to the drawing board on my accounting functions
We're with you, dgodfrey! Holding our breaths, full of faith in your skills. No pain, no gain!
mind over matter
  • #866
  • Jan 13, 2015 6:21pm Jan 13, 2015 6:21pm
Where's dambuster? Hey, we miss you!
mind over matter
  • #867
  • Jan 13, 2015 9:40pm Jan 13, 2015 9:40pm
http://www.forexfactory.com/shug#02

I let this run for 36 days. Needed to close it due to lack of space on my VPS.
  • #868
  • Jan 13, 2015 9:58pm Jan 13, 2015 9:58pm
Quoting kosmo
Where's dambuster? Hey, we miss you!
Hey Kosmo, just back from a short holiday. Got about 5 pages to catch up on first before I jump back in
  • #869
  • Edited Jan 14, 2015 12:57pm Jan 13, 2015 11:30pm | Edited Jan 14, 2015 12:57pm
We've missed you, dambuster!

Here's a script that might help some of you that got into my situation. I'm completely boxed at 17 steps out on 0.50 GridStep.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM5.png Size: 51 KB


So I wrote this little script to fix that. It's pretty self explanatory. Use exact lotsize. The StartingPrice is the next step in either direction. The Stopping Price is wherever you want it to go, hopefully away from the grid lol.

NOTE: Be SURE to put the unique number in you are using on your program, or the orders it creates won't be closed by the EA. This is for Version 2.1, 2.11 and BET.

Here I've added stops out to the BE lines on the chart. Just drag the script onto the chart and fill in the information. If you don't put numbers in it won't do anything.

BTW it only does one side at a time. To do both just run it twice.

Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSDM5after.png Size: 58 KB
Attached File(s)
File Type: ex4 Steady_Gold_GridExtender.ex4   6 KB | 422 downloads
File Type: mq4 Steady_Gold_GridExtender.mq4   1 KB | 440 downloads
A good man knows his limitations ~ Clint Eastwood
  • #870
  • Jan 13, 2015 11:34pm Jan 13, 2015 11:34pm
Quoting Shug
http://www.forexfactory.com/shug#02 I let this run for 36 days. Needed to close it due to lack of space on my VPS.
Thanks for your help, Shug.
A good man knows his limitations ~ Clint Eastwood
  • #871
  • Jan 14, 2015 12:58am Jan 14, 2015 12:58am
Quoting dgodfrey
Here's a script that might help some of you that got into my situation. I'm completely boxed at 17 steps out on 0.50 GridStep.
Another gem from dgodfrey, thanks
  • #872
  • Jan 14, 2015 6:57am Jan 14, 2015 6:57am
So at this point in my demo of version 2.1 BET, it's worth revisiting this post.

According to my parameters (GS=50, 0.1% of my account per trade lotsize) my maximum box size before 100% DD in the account is around $45 top to bottom.

If you look at the dollar distance between my upper and lower BE and TP lines, and the space the current grid occupies, you see it's about (wait for it) $45.

In other words, if what just happened to 17 grid steps happens to the rest, the account equity will be zero. My current DD in % terms is about 17.5% of the maximum. So is it worth taking the risk of 100% drawdown waiting on the system to hit my target, or should I just pull the plug here, take the bite into my profit, and start it up again?

What do you think? I really don't know lol. I guess I'll let it go and monitor it for the market to get at least close to an edge of the box, and hope I can at least reduce to bite. It means I'm going to have to think about being around watching and waiting to pull the plug manually at some point though should things get shaky. And wonder if some strange overnight move consumes my account while I'm not here.
A good man knows his limitations ~ Clint Eastwood
  • #873
  • Jan 14, 2015 8:12am Jan 14, 2015 8:12am
Quoting dgodfrey
So at this point in my demo of version 2.1 BET, it's worth revisiting this post. According to my parameters (GS=50, 0.1% of my account per trade lotsize) my maximum box size before 100% DD in the account is around $45 top to bottom. If you look at the dollar distance between my upper and lower BE and TP lines, and the space the current grid occupies, you see it's about (wait for it) $45. In other words, if what just happened to 17 grid steps happens to the rest, the account...
I have put up a poll so people can give their opinions on what dgodfrey should do from here.
Too close for pips, switching to points.
  • #874
  • Jan 14, 2015 10:56am Jan 14, 2015 10:56am
Quoting dgodfrey
Here's a script that might help some of you that got into my situation.
Thanks for the script, dgodfrey. May we never have to use it though, lol!

Quoting dgodfrey
My current DD in % terms is about 17.5% of the maximum. So is it worth taking the risk of 100% drawdown waiting on the system to hit my target, or should I just pull the plug here, take the bite into my profit, and start it up again? What do you think?
FWIW, here's my opinion. Rule no. 1 - cold blood. 17 steps of $0.5 isn't that many considering gold's ADR. It's been trending up since the beginning of Jan, and I still think it'll have a go at $1250 sometime soon (technically possibly even up to $1265, albeit not necessarily in a straight line, lol!). 17.5% DD isn't much. Mine has recovered twice from over 30% DD, precisely because I had more steps available; otherwise I'd have been boxed out too. So, I think adding more steps in your situation is the right decision (no, I will not suggest doubling the lotsize on the added steps... ). If you keep monitoring the PA, and even if it struggles to reach the target, chances are you'll still be able to get out manually around BE. Let's be patient. We can all learn a lesson here on how to manage such situations as they develop.
mind over matter
  • #875
  • Jan 14, 2015 10:58am Jan 14, 2015 10:58am
Quoting dambuster
{quote} Hey Kosmo, just back from a short holiday. Got about 5 pages to catch up on first before I jump back in
Hey dambuster! Welcome back.
mind over matter
  • #876
  • Jan 14, 2015 12:47pm Jan 14, 2015 12:47pm
Quote
$1250 sometime soon (technically possibly even up to $1265, albeit not necessarily in a straight line, lol!).

Yeah, it's that non-straight line that got me where I am now! Lol. How about a dip back to $1215 then a blast to just over $1250? Just when you thought it was safe to go back in the water.......
A good man knows his limitations ~ Clint Eastwood
  • #877
  • Jan 14, 2015 9:36pm Jan 14, 2015 9:36pm
@dgodfrey for the extension script, does the unique number should be the same with unique number in v2.1?
  • #878
  • Jan 14, 2015 9:38pm Jan 14, 2015 9:38pm
Yes, the numbers must match
  • #879
  • Jan 14, 2015 11:12pm Jan 14, 2015 11:12pm
Yeah, if they don't match the EA will ignore the trades, and won't close them when they're opened or use them in calculations.
A good man knows his limitations ~ Clint Eastwood
  • #880
  • Jan 14, 2015 11:18pm Jan 14, 2015 11:18pm
Quote
If you keep monitoring the PA, and even if it struggles to reach the target, chances are you'll still be able to get out manually around BE. Let's be patient. We can all learn a lesson here on how to manage such situations as they develop.

That's the route I'm going to take. It's looking bleak, but the trend has been definitely back up after finding that base below $1200. Besides, with it more or less evenly divided, I don't really mind if it goes up or down, as long as it doesn't yo-yo too much in the process. Go test $1200 again! $1260? I'm all for it. Here's hoping for some kind of big move, anyway.
A good man knows his limitations ~ Clint Eastwood
0 traders viewing now