GridDancer / GridMaster

[optionhk]

Good question and one I've been waiting for.

I've been toying with this stuff for a while, and I first tried to open a BUY when price moved UP and a SELL when price moved DOWN, the 'normal' Remon way. Then, I reversed it, and in the reversed logic, my balance was growing much faster and my draw down was dropping much slower. Why? I've got no idea. However, this was not a fluke, it seemed to be consistent. If you want you can duplicate my experiment with the attached GridDancerRemon. I'm quite confident that the 'reversed' logic is better, that's why I'm not making this selection a parameter.

With the version I posted, including the OOTB settings for the parameters, my 10K demo account is up 7% for this week, with no draw down to speak of. The Equity/Balance Curve looks like this:


The reason for sharing -- apart from my altruistic nature of helping others -- is for other forum members, to experiment with:

1. Pair selection
2. Different values for MinProfit and MinEquityIncrease. These values are of course relative to the lot Size, which in turn is relative to the account balance.

Hi Ren,

This kind of trading is working now on GBPJPY because I have selected to chose sell only. Bias is bearish in medium trend.

[bazze]

A little update Since last posted results I have skipped the pairs in red ...Still using setfile kindly shared by GW

[Wavegarrick]

Hi Acostafulano.

Here are my Gridancer/Gridmaster settings and I am running this on the 21/60 maddy dashboard posted above but I will show you something else further down the post:

Grid Dancer v 1.2.set

The gridmaster was placed OOTB on a seperate chart.

From the picture below you can see the pairs that I am trading with Gbpcad the best performer:

Mad Trade Control 260516.jpg

Sometimes I like to change over to a more agressive approach when things are a bit slow on my Maddy dashboard with the 21/60 settings. I then switch over to the following Maddy settings. I like the relationship between the 15 Lwma set to open and the 8 ema set to close, setfile attached: (5,15 and 30 minutes).

Maddy v 1.7 Dashboard 8 15 - 5 , 15 & 30 mins.set

Normally when I reach between 50 and 100 pips in the London session I just close the whole Batch and set it off again in New york. I dont know If this Is important but before I set my Ea's off again I clear Global Variables F3, Contol and A and delete all, There is also a script for this.

Much of the outcome will depend on how we steer it. I am also running Madtrader v 1.1 Ea's with this whole setup and not sure if this will have an effect on how the Grid dancers perform, but they sure are performing very well

Hope this helps and feel free to ask questions
Tc

[Wavegarrick]

Hi Guys,

Rene must thank you for the umpteenth time, brilliant work Stunning to see how the Grid Dancers do their Job, like worker bees and all I have to do is close....

Todays results all on the above settings 483 pips all closed.

Tc

Forgot to mention draw down at 1.2% and equity gain 4.3%. I am happy with that

[woodlands]

Same here ...But some strange things.....
I have two instances running and very successfully, one is in the pic below which runs unattended on the pc at the house. I closed manually with Rinse and Repeat and left it on Monday evening, all smileys etc but as you see no trades on Tuesday so cleared Global Variables after Renee's comment in the evening but no trades were taken until exactly at the start of the new trading day, could that be the evening spread (?)

GM, GD and MADDY.png

The instance running on VPS went a bit wild, seemed that each time I closed manually and at the same time cleared variables it would seem to still remember them and open a group of random trades without any highlight signal showing on MADDY indi (some of which were spectacularly successful), until we crashed.
On a new demo the same actions after manual close until I cleared globals and then restart Empty4.
I think I am doing something very wrong (read stupid) here because as can be seen above the results with MADDY to guide are quite steady and spectacular.
There is one other Empty4 running on same PC but with different magics and different programme and broker........
Any thoughts?

[Wavegarrick]

HI Tony,

I am sure Rene will come in here. But yes if I run it on my home computer I always clear global variables If I want to conclude my trades for the session, nevertheless if I want to let new trades open in the same session I leave the global variables as is because the grid values are stored and will open new trades as new levels are hit..when it comes to Vps I am not sure...I also restart my Empty4 before I start trading for the new session.

As far as trades not opening in the evening I would also think that evening spread would be the cause of this,

Anyway I am sure someone would offer a better explanation than me, you brought up good points that I am also still grappling with.

Tc

[bazze]

I don't have the time to be around my during LO, so I wonder if there's a possibility to code some timesettings into these good ea's?

[renexxxx]

The instance running on VPS went a bit wild, seemed that each time I closed manually and at the same time cleared variables it would seem to still remember them and open a group of random trades without any highlight signal showing on MADDY indi (some of which were spectacularly successful), until we crashed.

If you want to close your trades manually, and clear your global variables, you should unload and reload the Dancers, as the Dancers are only reading the status information (i.e. the global variables) during the initialization phase (OnInit()). What you described is consistent with the logic inside the Dancer: If you don't unload/reload the Dancer, it does 'remember' the previous anchor level, grid level and grid size, from before you closed your trades and cleared the variables. If price would have moved away from this previous anchor level, and it doesn't see any trades (since they were closed), it would in rapid succession try to rebuild the previous state by opening a sequence of trades.

I plan to release a new version of GridMaster and GridDancer. This will be the subject of another post.

[renexxxx]

I don't have the time to be around my during LO, so I wonder if there's a possibility to code some timesettings into these good ea's?

The way it is setup is that the GridDancers are only opening trades, and the GridMaster is closing/managing trades. We can define a trading session, as a time period in which the GridDancers can open trades. At the end of that session, GridMaster will continue to manage these open trades, but no new trades will be added. As we have all seen, this system can create a formidable draw down, and I don't think that anyone wants to close that draw down at the end of the trading session automatically. Any thoughts on that?

[woodlands]

Thanks Renee for the clear explanation