GridDancer / GridMaster

Ezzy · Post by **Ezzy** » Mon May 16, 2016 1:51 pm

For those that do no have a VPS or can keep their PCs on 24 hours a day, I am currently running/testing this EA on 5 of the 6 pairs recommended. I turn my pc on at approx london open and turn it ff at approx NY open. So far in approx 4 days of trading, it is $194 in profit (closed trades) and -$15 in open trades, I keep all trades open overnight and over the weekend and let the EA do its its thing when the computer turns on the next day.

Today, I have opened a new demo to trade the same hours (as above) but I will close all trades before turning my PC off. I will force a rinse n repeat every day....lets see how that goes.

Post by **kwchau** » Mon May 16, 2016 2:49 pm

Dear Rene,

Thank you very much for sharing this EA. I have been testing it since you posted it. So far, the demo result is very encouraging. Up to now, it pocketed 3% without DD at the moment. The maxi DD was 2.9% on May 13, the second day of launch.

See charts below. I put it on 7 pairs (ignore XAUUSD which I stopped it on May 13). It basically rinse and repeat daily which has a very acceptable DD.

Post by **ALoveSvpreme** » Mon May 16, 2016 4:05 pm

kwchau » Mon May 16, 2016 7:49 am wrote:Dear Rene,

Thank you very much for sharing this EA. I have been testing it since you posted it. So far, the demo result is very encouraging. Up to now, it pocketed 3% without DD at the moment. The maxi DD was 2.9% on May 13, the second day of launch.

See charts below. I put it on 7 pairs (ignore XAUUSD which I stopped it on May 13). It basically rinse and repeat daily which has a very acceptable DD.

How does your margin look? Mine is constantly below 500% with default setting on a 10,000$ account

khaykeofx · Post by **khaykeofx** » Tue May 17, 2016 12:03 am

kwchau » Mon May 16, 2016 9:49 pm wrote:Dear Rene,

Thank you very much for sharing this EA. I have been testing it since you posted it. So far, the demo result is very encouraging. Up to now, it pocketed 3% without DD at the moment. The maxi DD was 2.9% on May 13, the second day of launch.

See charts below. I put it on 7 pairs (ignore XAUUSD which I stopped it on May 13). It basically rinse and repeat daily which has a very acceptable DD.

Could you please locate me the Equity and balance Indicator in your chart
Thank you

Post by **kwchau** » Tue May 17, 2016 12:15 am

ALoveSvpreme » Tue May 17, 2016 12:05 am wrote:
kwchau » Mon May 16, 2016 7:49 am wrote:Dear Rene,

Thank you very much for sharing this EA. I have been testing it since you posted it. So far, the demo result is very encouraging. Up to now, it pocketed 3% without DD at the moment. The maxi DD was 2.9% on May 13, the second day of launch.

See charts below. I put it on 7 pairs (ignore XAUUSD which I stopped it on May 13). It basically rinse and repeat daily which has a very acceptable DD.
How does your margin look? Mine is constantly below 500% with default setting on a 10,000$ account

My starting balance is $2000, trading 0.01 lot for 7 pairs as shown in the third chart. The margin was quite OK which was well over 1000% before. But this morning, Asian time, the drawdown has increased and the margin now is 770%

Post by **kwchau** » Tue May 17, 2016 12:16 am

khaykeofx » Tue May 17, 2016 8:03 am wrote:
Could you please locate me the Equity and balance Indicator in your chart
Thank you

They are all on shown on the first chart.

Post by **kwchau** » Tue May 17, 2016 12:43 am

kwchau » Tue May 17, 2016 8:16 am wrote:
khaykeofx » Tue May 17, 2016 8:03 am wrote:
Could you please locate me the Equity and balance Indicator in your chart
Thank you
They are all on shown on the first chart.

Also in the second chart, the blue line is the equity and golden line is the balance.

Post by **retireme** » Tue May 17, 2016 12:48 am

khaykeofx » Tue May 17, 2016 8:03 am wrote:
Could you please locate me the Equity and balance Indicator in your chart
Thank you

khaykeofx,

Is this what you are looking for?

http://www.stevehopwoodforex.com/phpBB3 ... =27&t=4389

Rgds
RM

Post by **renexxxx** » Tue May 17, 2016 8:29 am

See Post 1 for a new version of this pair of EAs.

Update(s)
GridMasterv1.1
There is now a little dashboard, that displays your progress towards the next Rinse-n-Repeat cycle. We have established that we are not interested in balance, but in equity. At the start of each cycle (which is defined by the fact that no trades (with the given Magic Number) are open), GridMaster draws a line in the sand with the current equity as base line value. Grid Master will continue to do its job of closing the biggest losing trade, together with a set of winners, until either EquityTP (formerly named MinEquityIncrease), or EquitySL is reached. At such time, Grid Master will tell all the dancers to Rinse-n-Repeat. Nothing new here, except for the EquitySL. Both EquityTP and EquitySL can be switched of (i.e. disabled) by giving them a negative value. What is new, is that Grid Master now displays the starting equity, the current equity, the target equity and the percentage of progress towards that target equity. In addition, there are two buttons, a 'Rinse-n-Repeat' button and a 'Rinse-n-Remove' button. These buttons send a message to the dancers to close all their trades and re-initialize their starting anchor price and grid level. In addition, the Rinse-n-Remove button also instructs the dancers to remove their EA from their charts. This might be useful on a Friday night if you don't want to recommence a new cycle. There is a parameter called RinseConfirm that, if set to true, asks the user to confirm the rinse-action.

GridDancerv1.1
Not much new here, except that there is now a MaxSpreadPips parameter. If/when Grid Dancer reaches a new grid level, a trade is only opened at that level if the current spread is below the specified MaxSpreadPips parameter. Note that the grid level is still altered (increased or decreased) irrespective whether a new trade was opened or not, so we could be missing trades at certain levels if the spread was too high. There is also a new parameter called DirectionBias, that can be set to either of the following (1) Don't trade (2) Only trade UP (3) Only trade DOWN (4) Trade both directions. The latter value is the default. So, due to this setting, we can miss SELL trades (if we only trade UP) and we can miss BUY trades (if we only trade DOWN). I haven't tested this setting much, but it is something to play with. The next step? To get these directional biases from MADDY.

Have fun, and please don't forget to report your results and which pairs are good to run this on.

Post by **TraderJoeForex** » Tue May 17, 2016 11:00 am

renexxxx » Tue May 17, 2016 8:29 am wrote:See Post 1 for a new version of this pair of EAs.

Update(s)
GridMasterv1.1
There is now a little dashboard, that displays your progress towards the next Rinse-n-Repeat cycle. We have established that we are not interested in balance, but in equity. At the start of each cycle (which is defined by the fact that no trades (with the given Magic Number) are open), GridMaster draws a line in the sand with the current equity as base line value. Grid Master will continue to do its job of closing the biggest losing trade, together with a set of winners, until either EquityTP (formerly named MinEquityIncrease), or EquitySL is reached. At such time, Grid Master will tell all the dancers to Rinse-n-Repeat. Nothing new here, except for the EquitySL. Both EquityTP and EquitySL can be switched of (i.e. disabled) by giving them a negative value. What is new, is that Grid Master now displays the starting equity, the current equity, the target equity and the percentage of progress towards that target equity. In addition, there are two buttons, a 'Rinse-n-Repeat' button and a 'Rinse-n-Remove' button. These buttons send a message to the dancers to close all their trades and re-initialize their starting anchor price and grid level. In addition, the Rinse-n-Remove button also instructs the dancers to remove their EA from their charts. This might be useful on a Friday night if you don't want to recommence a new cycle. There is a parameter called RinseConfirm that, if set to true, asks the user to confirm the rinse-action.

GridDancerv1.1
Not much new here, except that there is now a MaxSpreadPips parameter. If/when Grid Dancer reaches a new grid level, a trade is only opened at that level if the current spread is below the specified MaxSpreadPips parameter. Note that the grid level is still altered (increased or decreased) irrespective whether a new trade was opened or not, so we could be missing trades at certain levels if the spread was too high. There is also a new parameter called DirectionBias, that can be set to either of the following (1) Don't trade (2) Only trade UP (3) Only trade DOWN (4) Trade both directions. The latter value is the default. So, due to this setting, we can miss SELL trades (if we only trade UP) and we can miss BUY trades (if we only trade DOWN). I haven't tested this setting much, but it is something to play with. The next step? To get these directional biases from MADDY.

Have fun, and please don't forget to report your results and which pairs are good to run this on.

Brilliant work Rene.. I like where this is going