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Griddy Wotsit Mk 2
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Author:  SteveHopwood [ Mon Mar 07, 2016 5:14 pm ]
Post subject:  Griddy Wotsit Mk 2

Hehe. What is EU on at the moment, and where can we buy it? :party:

:xm:
Author:  Gertje [ Mon Mar 07, 2016 5:26 pm ]
Post subject:  Griddy Wotsit Mk 2

It's insane.
Today over 1.000 pips, 3 pairs.
7,5% increase of balance, max DD 400 pips.
:!!:
Author:  keydcuk [ Mon Mar 07, 2016 5:36 pm ]
Post subject:  Griddy Wotsit Mk 2

Gertje » Mon Mar 07, 2016 5:26 pm wrote:It's insane.
Today over 1.000 pips, 3 pairs.
7,5% increase of balance, max DD 400 pips.
:!!:
Congrats! :clap: I am 351 pips so far on only the GBPJPY. I don't know how I can figure out DD in pips but so far the last basket closed went to use 51 Euros in margin. I really need to finish up an application with GlobalPrime since someone said that it doesn't charge margin on hedged positions. Tallinex definitely does. I hate to be leaving such a good broker but I think you guys at SHF have sold me the idea to move to GP. :good:

Daniel
Author:  Gertje [ Mon Mar 07, 2016 5:41 pm ]
Post subject:  Griddy Wotsit Mk 2

keydcuk » Mon Mar 07, 2016 5:36 pm wrote:
Congrats! :clap: I am 351 pips so far on only the GBPJPY. I don't know how I can figure out DD in pips but so far the last basket closed went to use 51 Euros in margin. I really need to finish up an application with GlobalPrime since someone said that it doesn't charge margin on hedged positions. Tallinex definitely does. I hate to be leaving such a good broker but I think you guys at SHF have sold me the idea to move to GP. :good:

Daniel
When you add MPBM to a blank chart, and set the closing values to a huge number that won't get hit, it keeps track of the DD in pips. Knowing the pipvalue is appr. $0,10 for 0,01 lots, you can calculate the max DD on the account.

For me, using 0,01 lots per $1.000 means every 100 pips = 1% DD.
Author:  SteveHopwood [ Mon Mar 07, 2016 5:45 pm ]
Post subject:  Griddy Wotsit Mk 2

Another update - V 1g in post 1, inspired by my observing groups of pending trades drifting too far apart. I had a look at the code I wrote to prevent this. It was bollocks.

You can copy this over the top of the existing IsGapBetweenGroupsTooBig() function, starting at line 1324:

Code: Select all

bool IsGapBetweenGroupsTooBig()
{
   //Return true if the gap between the lowest market buy and the lowest market sell is too large,
   //else return false
   
   int ExistingGap = 0;
   int PendingGap = 0;
   
   //Market trades
   if (MarketBuys > 0)
      if (MarketSells > 0)
      {
         //More buys than sells. Market has risen so gap is at the bottom of the buys
         if (MarketBuys > MarketSells)
         {
            ExistingGap = (HighestMarketBuyPrice - HighestMarketSellPrice) * factor;
         }//if (MarketBuys > MarketSells)
         
         //More sells than buys. Market has fallen so gap is at the top of the sells
         if (MarketBuys < MarketSells)
         {
            ExistingGap = (LowestMarketBuyPrice - LowestMarketSellPrice) * factor;
         }//if (MarketBuys > MarketSells)
         
         if (ExistingGap > MaxDistanceBetweenGroups)
            return(true);
      }//if (MarketSells > 0)

   //Pending trades
   if (BuyStops > 0)
      if (SellStops > 0)
      {
         //More buys than sells. Market has risen so gap is at the bottom of the buys
         if (BuyStops > SellStops)
         {
            PendingGap = (LowestBuyStopPrice - HighestSellStopPrice) * factor;
         }//if (BuyStops > SellStops)
         
         //More sells than buys. Market has fallen so gap is at the top of the sells
         if (BuyStops < SellStops)
         {
            PendingGap = (LowestBuyStopPrice - HighestSellStopPrice) * factor;
         }//if (BuyStops > SellStops)
         
         //Equal numbers
         if (BuyStops == SellStops)
         {
            PendingGap = (LowestBuyStopPrice - HighestSellStopPrice) * factor;
         }//if (BuyStops == SellStops)
         
         
         if (PendingGap > MaxDistanceBetweenGroups)
            return(true);
      }//if (PendingSellStop > 0)




   //Got this far, so gap is ok
   return(false);

}//bool IsGapBetweenGroupsTooBig()

 
:xm:
Author:  zaguy [ Mon Mar 07, 2016 5:51 pm ]
Post subject:  Griddy Wotsit Mk 2

Thanks Steve for the hard work. This now really looks like a winner!

Have not yet opened live account. As soon as I do, I will make a donation. Thanks again!
Author:  Gertje [ Mon Mar 07, 2016 5:53 pm ]
Post subject:  Griddy Wotsit Mk 2

Gertje » Mon Mar 07, 2016 1:33 pm wrote: It is a trade-off.

Set L4 to 'false' and you get lesser DD, but it takes longer to recover when price goes against the majority of positions.

A better option in my opinion is to make the pip-distance between trades bigger.
I set GBPJPY to 5pips, and get 'less' trades. Right now 13 buy and 12 sell. Since the winning side most of the time is twice the # of orders of the losing side, one or the other needs to open 6-7 trades again before being able to close.
Another way of dealing with this is expanding the grid to 15 or even 20 trades. It takes a big move to complete the grid, the basket might already be closed before that happens.

A lot of things to try out.
One thing strategytester told me, it is possible to have several hundreds orders in one pair if the EA is left alone.
Author:  k3v1n0s [ Mon Mar 07, 2016 8:21 pm ]
Post subject:  Griddy Wotsit Mk 2

Gertje » 07 Mar 2016, 18:26 wrote:It's insane.
Today over 1.000 pips, 3 pairs.
7,5% increase of balance, max DD 400 pips.
:!!:
Thought I was having fun with HGB'nG, but you guys are CELEBRATING with Griddy Wotsit. :roll:

I'm joining the party and setting this up on a demo with Gertje's setfile on EU 3pips and GJ 5pips. :lol:
Author:  SteveHopwood [ Mon Mar 07, 2016 9:05 pm ]
Post subject:  Griddy Wotsit Mk 2

k3v1n0s » Mon Mar 07, 2016 8:21 pm wrote:
Thought I was having fun with HGB'nG, but you guys are CELEBRATING with Griddy Wotsit. :roll:

I'm joining the party and setting this up on a demo with Gertje's setfile on EU 3pips and GJ 5pips. :lol:
Welcome Kevin. This thing is a hoot.

:xm:
Author:  SteveHopwood [ Mon Mar 07, 2016 10:12 pm ]
Post subject:  Griddy Wotsit Mk 2

Talking about a hoot, try this. I know that most of us open demos that represent the size of account we can hope to trade live, but try this instead.

Open a $100,000 demo account and trade GW at 1 lot. Lovely to feel how the rich feel from time to time. Who knows, but one day this might be you.

:xm:
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