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Another Grid Trader!!
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3703		 Page 12 of 16
Author:  CharlesKiwitrader [ Wed Aug 13, 2014 11:37 pm ]
Post subject:  Another Grid Trader!!
Hi Ricky,
I totally agree with your thinking about withdrawing profits regularly with any grid/martingale style ea, as a blow up kills everything including confidence!!!.

As for your thinking re needing more error code - I totally agree and if you know someone privately that would be great as I have tried here but as this EA has been 'stolen' from another website no-one wants is able to help because of copyright issues.

Thank you for your involvement also,
Regards, Charles
Author:  CharlesKiwitrader [ Wed Aug 13, 2014 11:42 pm ]
Post subject:  Another Grid Trader!!
Hi All,
I am totally excited as the EA that I compiled with build 509 seems to be nice and stable and closing series and re-opening new series as per how I thought it usually works. So please find the EA on a previous page and refer to EA build 509 OOTB for use, although change lot multi back to 1.25 with smaller starting amounts (1.5k etc).

Also, I will endeavour to add this build version to the start of this thread so new comers can easily use best version. Happy trading,
Charles

Edit - I have added this newer build EA to page 1, and should be easy to find and swap over from previous versions, or find below etc.
Author:  HannesJoubert [ Thu Aug 14, 2014 6:10 am ]
Post subject:  Another Grid Trader!!
CharlesKiwitrader » Thu Aug 14, 2014 1:32 am wrote:Hi Hannes,

You have an interesting point here but unfortunately your theory goes completely against the theory of this ea, as this ea stacks trades against the trend and then relies on the extreme at the other end to bring in the good profits.
So to incorporate a trend filter would simply stop any further trades being placed against the trend as your parameters would be to follow trend, from my thinking.

Umm, sorry, but agree with your last thought, if it ain't broke - don't fix it!!. Apart from the obvious error messaging that could need fixing up, or for the manual intervention people (myself included) where the EA needs some help to reload the EA correctly.

Regards, Charles.
Thanks for the reply and your effort Charles.

My ignorance on how the EA works has been laid bare :shock: Thanks for helping me out though...

Stay well.

H

:hi:
Author:  HannesJoubert [ Thu Aug 14, 2014 10:25 am ]
Post subject:  Another Grid Trader!!
GBP pairs are hurting real bad across both versions at the moment, but, it is good to see how it handles news events, especially when these are used by the big players to get their requisite volume...

Spread could also become a factor, has anyone put any thought into that? Especially on the 4H time frame...

H
Author:  CharlesKiwitrader [ Thu Aug 14, 2014 10:48 am ]
Post subject:  Another Grid Trader!!
HI Hannes,
Patience mate, and hold on for the ride, as GBP give a real wild ride. I have consider at times whether the GBP pairs may be too dangerous for this system, but get excited every time they recoil, because never fear they do, and that is where this ea brings in the pips.
Strange you are concerned about spread - maybe you not realise how many pips this EA generates, so to be worried about spread seems a little weird.
With the lot multi set to 1.25 you have plenty of room to hang on the wrong end of a trend, and as GBP is busy at the moment, the others are a bit quiet, as many currencies are used you can still gain equity from the others as GBP are going the wrong way. Just hope you are using plenty of currencies (sorry I can't remember) as this way you grow the equity while waiting, then bang GBP goes north and another whack of profit gets deposited. Anyway, this EA is not a fast, get excited about EA, but a steady earner week by week!! And by what Ricky and others are suggesting it is best to withdraw profits weekly to fortnightly to reduce any headaches from disasters and wipeout when trading this EA live. It would take big balls to allow any EA loose for months without withdrawing.
Regards, Charles
Author:  HannesJoubert [ Thu Aug 14, 2014 11:20 am ]
Post subject:  Another Grid Trader!!
Hi there Charles, Thanks for the reply.

Not to fear, I am not worried, just posting thoughts as they float through my head like a fart in the wind :smile:

Anyway, I am leaving the EA to its own devices...

Stay well my friend.

H

:hi:
Author:  MichaelM [ Thu Aug 14, 2014 11:29 pm ]
Post subject:  Another Grid Trader!!
Here is my demo account for the EA by the same name. I will leave it running without intervention.

Image
Author:  ruiflavius [ Sat Aug 16, 2014 2:18 am ]
Post subject:  Another Grid Trader!!
CharlesKiwitrader » Wed Aug 13, 2014 1:44 am wrote:Hi ruiflavius,
I am unsure how you think you are doing the 'step' function to the ATR, as this EA works off bar closed for new trade set-up, so setting the step lots to 10 will mean the EA won't place a trade before 10 pips, but as candle can be ANY range the step between trades is any range. This is the beauty of this EA VS others I have tried that this EA does not stack trades against the trend like typical grid EA's.

That is unless you have found a setting in this EA I have not seen yet, and that is possible. But why don't you set the step to 10 or 20 and leave it alone for a month or two, and observe how it works etc. This EA does not like people messing with it, as in, eg. changing settings mid series etc. As this stuffs up its workings and VERY BASIC error coding, which can't support this kind of 'messing with'. Maybe I should have said this as a general statement at the start of this whole EA's journey that this EA is very simple and does not like being messed with!!! Sure you get errors in closing and opening in the wrong places because this ea does not have the error messages to cope with all kinds of 'mess'.

Sorry to Ruiflavius for this message being maybe pointed at you not everyone else who likes to play with the settings then complain when they get EA doing not what it supposed to do, as this is simple EA, and place on chart and do not touch!!

Regards, Charles
Hi Charles

No excuses, I do thank you for sharing the EA and the advice.

I do not touch on EAin the middle of trades.

On the issue of ADR, I know that the EA only opens new operations at the end of each bar H4, but the step is not to let open new entries before it reaches a certain distance / pip's of previous opening. So I mentioned the issue of ADR, has to do with the daily range for each currency.

Ie the step, distance between each order, can not be less than one quarter of the daily range of that currency. Of course this step is within the Set's that you own disponibilizas you here, and it was here that I noticed that the step you let yourself for the coins with less daily range 10 and the currencies in which the daily range is greater, let -te the step 20.

It was just what I meant, without ever jeopardizing the teaching that you have passed here and for which I am grateful.

sorry for my poor english
ruiflavius
Author:  HannesJoubert [ Tue Aug 19, 2014 12:20 pm ]
Post subject:  Another Grid Trader!!
Hi there All.

So, what is your experience so far iro this EA?

I find the "b" version to be more aggressive iro the fact that the EA opens and closes trades quicker...So far so good though, in the past week (since 11/08/14), the gain has been 21% on a demo account, with no manual intervention whatsoever. Still a long way to go yet before making a decision, but it looks promising, even when trading during volatile news periods...

Will report back once I have so more info at my disposal...

H

:hi:
Author:  AGT [ Tue Aug 19, 2014 2:34 pm ]
Post subject:  Another Grid Trader!!
Running now all 3 versions of the SEBGRID EA - see my portfolio below.
So far so good ! :yahoo:
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