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patrickdrew  

Interesting thank you.

I am going to ASSUME EURUSD M1??

Any info on min balance? 

Other pairs? TF?

Nicola Chimenti  
patrickdrew #:

Interesting thank you.

I am going to ASSUME EURUSD M1??

Any info on min balance? 

Other pairs? TF?

Hello Patrick, thanks for asking! 

I would suggest to test it (NOT on a real account) on indices first if you have the possibility, in order to target a directional market: with mein reverting markets like FOREX you could see a lot of laterality, which could led to negative results or high drawdowns.

Please, test it first on "Strategy tester" in order to understand how it works and to have an idea of ​​how to use it properly and adjust it to your capital.

For example, if you have low capital you could try it on indices with a broker which allows 0.01 lots and contract size (very important aspect) of 1 in order to keep the margin on a good level.

About the timeframe, M1 could work well, but keep in mind that the distance between orders should be significantly higher than the spread, so it is better to have brokers with good trading conditions.

There are a lot of variables in play with this kind of software so it is better to don't underestimate the risk of using an EA without proper testing, but with some good adjustments and the right risk management you could obtain good results :-)
patrickdrew  
Nicola Chimenti #:
Hello Patrick, thanks for asking! 

I would suggest to test it (NOT on a real account) on indices first if you have the possibility, in order to target a directional market: with mein reverting markets like FOREX you could see a lot of laterality, which could led to negative results or high drawdowns.

Please, test it first on "Strategy tester" in order to understand how it works and to have an idea of ​​how to use it properly and adjust it to your capital.

For example, if you have low capital you could try it on indices with a broker which allows 0.01 lots and contract size (very important aspect) of 1 in order to keep the margin on a good level.

About the timeframe, M1 could work well, but keep in mind that the distance between orders should be significantly higher than the spread, so it is better to have brokers with good trading conditions.

There are a lot of variables in play with this kind of software so it is better to don't underestimate the risk of using an EA without proper testing, but with some good adjustments and the right risk management you could obtain good results :-)

Thank you.

This is a very interesting EA - with very good entries!! 

However it would be nice if you had sets prepared for assets that you know work. 

:-)

Ilgvars  
Hi Nicola. Looks like interesting product.Will there ever be updates? Thank you.
patrickdrew  

This seems to be doingn very well on demo!! :-)

How do you scale this?

There are many parameters to be included!? 

If I want to e.g. double the lot size what are ALL the paramaters I need to change?

Br,

Patrick

patrickdrew  

Nicola?? 

Also - your buttons seem to only be "Close Sell" and "X Close all." 

There is no "Close Buy" button. 

patrickdrew  

UPDATE:

When I change the TF of the chart then it "updates" and the Close Buy buton arrives. 

But it was not there when the buy trade opened. 

patrickdrew  

Actually there is a problem.

First it opened a BUY. 

Then the trade went the wrong way and no more buys were opened?? (A Grid is supposed to open more buys).

Then a SELL was opened. Fine as I was doing hedged grid. 

BUT then "soon" a new sell opened up INSTEAD of maybe taking a TP!?

Then the asset went up and both sells are in minus. 

There is no point of having a grid that adds positions already in plus - that is not the same thing. 

So..... The first BUY was large in minus and NO more grid opens!?!? The grid step either is too large or does not work. 

Second the SELLs are opening - but in the wrong way. They could have closed a TP instead of opening a new Sell. 

Is author around - been 3 days I have been trying to get a response!?

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Nicola Chimenti  
Ilgvars #:
Hi Nicola. Looks like interesting product.Will there ever be updates? Thank you.
Hello. Sure, I'll also upload a youtube video about this EA
Nicola Chimenti  
patrickdrew #:

Nicola?? 

Also - your buttons seem to only be "Close Sell" and "X Close all." 

There is no "Close Buy" button. 

I'll fix this issue with the next update: thanks for reporting! 
Nicola Chimenti  
patrickdrew #:

Actually there is a problem.

First it opened a BUY. 

Then the trade went the wrong way and no more buys were opened?? (A Grid is supposed to open more buys).

Then a SELL was opened. Fine as I was doing hedged grid. 

BUT then "soon" a new sell opened up INSTEAD of maybe taking a TP!?

Then the asset went up and both sells are in minus. 

There is no point of having a grid that adds positions already in plus - that is not the same thing. 

So..... The first BUY was large in minus and NO more grid opens!?!? The grid step either is too large or does not work. 

Second the SELLs are opening - but in the wrong way. They could have closed a TP instead of opening a new Sell. 

Is author around - been 3 days I have been trying to get a response!?

It is a particular kind of hedging: I'll upload a video about this explaing better how it works. I'm sorry that you don't like how the system works, I hope that in the future (or with future versions) you'll find it more useful
Nicola Chimenti  
robinsmithesq #:
This is the setfile I have been using with some success. 
Thanks for sharing, I'm very happy that you found a good setfile for you and, maybe, for other people too! 
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