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Tobias Grosse  

Even a big grid step is not safe. When there is a long trend like in eurusd in 2014/2015 the big grid step looks like a solution but in reality it only takes longer before crash. The small reversals on the way of a long trend are not enough to reach break even in that case. Short/small reversals are only good for tight grid steps.

Is there any long term real signal for this EA?

Leonel Bauta  
Tobias Grosse:

Sorry to say, but this EA will also kill your account. The grid is based on simple distance. It works for a while, sooner or later it will crash.

You could make a grid that is based on indicator like Force index or MACD. A cross over of signal lines or zero line in right direction would start the next grid step. This is much safer. Compare with Ilanis EA!

Release 034 is coming. its weight direction to open trades.

note this EA does not work on backtesting. Back test only to understand functionality. I do recommend you to demo it for about 3 months and if you find crashes, please post results here then we all can learn from it.

you may follow this thread to find more information: http://www.forexfactory.com/showthread.php?goto=lastpost&t=548671

thanks for your post,

bauta

Ryan Mann  
I don't understand how backtest is different than live for a grid?
Leonel Bauta  
Ryan Mann:
....
Tick data is needed for EG104
asaens15  
Does anyone understand why this EA might not work well under Strategy Tester and requires forward testing?
Leonel Bauta  
asaens15:
Does anyone understand why this EA might not work well under Strategy Tester and requires forward testing?
Tick data is needed for EG104
asaens15  
TDS doesn't provide that?
Leonel Bauta  
asaens15:
TDS doesn't provide that?

test data is provided by metaquotes.

to use tick data for testing, you need to download the data and save to test folder, then make it read only. A pay service is needed for that.

metaquotes does not provide tick data for testing. The data is generated using one minute open, high, low, close.

bauta

asaens15  
I download data using TickStory and then convert from CSV file to FXT file using a script and then it has variable spread for each tick and appears on screen as incoming tick data since I can see the spread changing as EA progresses.
jrc74  

hi,  

 

which differences there are with the EA in the forexfactory forum? 

 

thank you 

Victor Hornett  

Leonel 

I am very interested in purchasing your EA and have read as much as i can about it.  I have a couple of questions please -

1. How do i restrict the trades ie stop trading in the day or over a two day period?  i have seen mention of  Day_target_EA but my version of the EA does not seem have this variable I have ver 104.35? !  i would like to run the EA for say 24 hours or until a Profit has been hit and then close. out positions over time. 

2.  Also, do you have any recommended Set files ? 

3. Do you have any connections to Signals? or further evidence of profit from live trading account?

thanks

Darren

(London) 

Leonel Bauta  
dhornett:

Leonel 

I am very interested in purchasing your EA and have read as much as i can about it.  I have a couple of questions please -

1. How do i restrict the trades ie stop trading in the day or over a two day period?  i have seen mention of  Day_target_EA but my version of the EA does not seem have this variable I have ver 104.35? !  i would like to run the EA for say 24 hours or until a Profit has been hit and then close. out positions over time. 

2.  Also, do you have any recommended Set files ? 

3. Do you have any connections to Signals? or further evidence of profit from live trading account?

thanks

Darren

(London) 

You may download DayTarget on post one here: http://www.forexfactory.com/showthread.php?t=548671

Your version is compatible with DayTarget. I do recommend you to read all the referenced links on that post one.

Set files? Use default values till you get fully familiar with each one.

Thanks, bauta

Victor Hornett  
Leonel Bauta:

You may download DayTarget on post one here: http://www.forexfactory.com/showthread.php?t=548671

Your version is compatible with DayTarget. I do recommend you to read all the referenced links on that post one.

Set files? Use default values till you get fully familiar with each one.

Thanks, bauta

Victor Hornett  
dhornett:

Thanks - 

so, i do add both EG and the DayTarget EAs to the chart?

gary.rike  
So setting up the EA, do I need to indicate somewhere in the settings that there must be no hedging? In other words, symmetry no hedging rather than symmetry hedge?
gary.rike  
I am getting multiple rejected orders because of US hedging rules. How do I fix this please? How do I get to the Symmetry-no hedge mode?
asaens15  

Be careful with this EA ... it can blow your account if you don't have unlimited funds ... it is still basically a grid program with insignificant hedging capabilities and no stop loss.

https://www.youtube.com/watch?v=wXCmpq1RsH0&feature=youtu.be

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