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GridDancer / GridMaster
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Author:  renexxxx [ Fri May 13, 2016 10:58 am ]
Post subject:  GridDancer / GridMaster
Lazar83 » Fri May 13, 2016 8:10 pm wrote:Rene maybe this can help you out. To be more precise, i wanted to put a new pair on my Empty4, but by mistake i put on EURUSD. And then this mess started.
Still could not replicate the problem. Believe me ... I tried!
Author:  eatrader [ Fri May 13, 2016 11:31 am ]
Post subject:  GridDancer / GridMaster
renexxxx » Fri May 13, 2016 10:58 am wrote:
Lazar83 » Fri May 13, 2016 8:10 pm wrote:Rene maybe this can help you out. To be more precise, i wanted to put a new pair on my Empty4, but by mistake i put on EURUSD. And then this mess started.
Still could not replicate the problem. Believe me ... I tried!
You have check the Global Variables??
Author:  Ezzy [ Fri May 13, 2016 11:51 am ]
Post subject:  GridDancer / GridMaster
For those that dont have a VPS service or cant have their PCs on 24 hours a day, I have had this EA for 2 days for approx 6 hours a day during London session only, and I am on about 7% profit.....with a few dollars with no current draw down.

Settings are OOTB.

I am not closing trades before turning my PC off either.

Very early days, and not enough data yet t determine if this EA is profitable long term under my currrent circumstances / conditions, but so far, so good!

Thanks rene and eteve reamon etc.

Ezzy
Author:  szfxtrader [ Fri May 13, 2016 12:27 pm ]
Post subject:  GridDancer / GridMaster
renexxxx » Fri May 13, 2016 10:04 am wrote: Great ideas and these are all easily added to the code.

Not sure about adding a directional bias: this might break the profitability of the strategy. But we can always try...
If possible I also would like to ask you to allow the EA to only see its trades, in this way we can have 2 or more EAs trading the same account, thanks a lot for your support/help.
Author:  KingOfCoolville [ Fri May 13, 2016 2:41 pm ]
Post subject:  GridDancer / GridMaster
Rene,

I tried using the GridDancerRemon version, this ended up with quite a high level of DD from which I did not feel the EA would be able to recover - I concur with you that selling as price moves up and buying as price moves down seems to be the most profitable and reduce DD (totally counter-intuitive, but seems to work none the less).

I have had a demo of GridDancer running since 3:20 UK time yesterday, I am trading 0.1 lots on all the pairs you recommended plus EURGBP and EURJPY. I have set the MinProfit to 5 and MinEquityIncrease to 10. Results are as follows:-

Currently, £198.00 DD, but banked profit is £646.93 - quite happy with that. :clap:

UPDATE: £122 DD, banked £710.05.
Author:  szfxtrader [ Fri May 13, 2016 4:03 pm ]
Post subject:  GridDancer / GridMaster
KingOfCoolville » Fri May 13, 2016 2:41 pm wrote:Rene,

I tried using the GridDancerRemon version, this ended up with quite a high level of DD from which I did not feel the EA would be able to recover - I concur with you that selling as price moves up and buying as price moves down seems to be the most profitable and reduce DD (totally counter-intuitive, but seems to work none the less).

I have had a demo of GridDancer running since 3:20 UK time yesterday, I am trading 0.1 lots on all the pairs you recommended plus EURGBP and EURJPY. I have set the MinProfit to 5 and MinEquityIncrease to 10. Results are as follows:-

Currently, £198.00 DD, but banked profit is £646.93 - quite happy with that. :clap:

UPDATE: £122 DD, banked £710.05.
Thanks for sharing, 0.1 lot = 0.10 or 1 GBP/USD per pip?
Author:  theforexedge [ Fri May 13, 2016 4:11 pm ]
Post subject:  GridDancer / GridMaster
renexxxx » Fri May 13, 2016 10:04 am wrote:
szfxtrader » Fri May 13, 2016 4:57 pm wrote: 1. Maximum spread checking, it can prevent the EA to open an order during news time

2. Cash per dollar(auto lot size based on the equity size)

3. Close all orders after +- X% of the equity be reached
Great ideas and these are all easily added to the code.
szfxtrader » Fri May 13, 2016 4:57 pm wrote: 4. The EA could be opening the trades following the daily flow. Example: if the pair(D1 candle) is going up, when the price goes down, it will buy it, I know it is not a guarantee, but it may help to reduce the DD, and also make more pips fast
Not sure about adding a directional bias: this might break the profitability of the strategy. But we can always try...
renexxxx

Thanks for coding this EA as its a work of a genius :good:

Can you add flatten friday setting with a time setting to close out the trades on a friday?

Thanks, Jason
Author:  Lazar83 [ Fri May 13, 2016 6:25 pm ]
Post subject:  GridDancer / GridMaster
renexxxx » Fri May 13, 2016 11:58 am wrote:
Lazar83 » Fri May 13, 2016 8:10 pm wrote:Rene maybe this can help you out. To be more precise, i wanted to put a new pair on my Empty4, but by mistake i put on EURUSD. And then this mess started.
Still could not replicate the problem. Believe me ... I tried!
I believe you, ill switch to demo and give test a more time. Other then this issue ea works fine and crazy as may it look like, it makes a profit fast.

Used it on a live acc 250 eur, went to 315eu before eurusd open 34 buy positions. original DD was in area of 15-50 eur.
Settings for ea were min eq increase 50, min profit 5.
All in all i am pretty happy with things i have seen.

@eatrader
i totally forgot to check this, but now its to late
Author:  AGT [ Fri May 13, 2016 6:49 pm ]
Post subject:  GridDancer / GridMaster
@renexxxx

How could you manage the trouble you had this morning ? Or could the EA itself even manage the DD ? ;)
Author:  TraderJoeForex [ Fri May 13, 2016 7:24 pm ]
Post subject:  GridDancer / GridMaster
KingOfCoolville » Fri May 13, 2016 2:41 pm wrote:.... I concur with you that selling as price moves up and buying as price moves down seems to be the most profitable and reduce DD (totally counter-intuitive, but seems to work none the less).
I reckon this comes back to the old idea that price action ranges more than it trends.

... in my head rather than a directional bias I feel hedging following a breakout until a new range is established may be beneficial. I have been trading the original RnR semi auto the past few days in this way with very positive results and posted an example in that thread... just referencing it again here so that minds sharper than mine can consider whether this may be an outside the box solution to the drawdown or not.. I can't even think about trying to prove benefit for the multitrader .. it has been a job just keeping up with GJ today but hey..

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