retireme » Tue May 17, 2016 7:01 pm wrote:Rene,

Extremely clever and working flawlessly with regard to the logic. Reached its equity level, closed everything and started afresh.

Thank you
RM

The next step? To get these directional biases from MADDY

mdx » Tue May 17, 2016 11:25 pm wrote: I can see trades in test strategy but not live any ideas?

Wavegarrick » Tue May 17, 2016 3:30 pm wrote:Hi Rene,

The next step? To get these directional biases from MADDY

I like the way this is heading...you have my attention

Tc

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.