Progressive (bei mforce)
Der Benutzer hat dieses System gelöscht.
Progressive Diskussion
Nov 13, 2020 at 17:24
(bearbeitet Nov 13, 2020 at 17:25)
Sorry mforce.
Am I right if I say that with default settings, and loading the Expert on the same charts of you, since there is a 2 max trade for same currency limit, and many of them have in common EUR and USD, the EA will never trade on more the 3 couple at the same time?
Am I right if I say that with default settings, and loading the Expert on the same charts of you, since there is a 2 max trade for same currency limit, and many of them have in common EUR and USD, the EA will never trade on more the 3 couple at the same time?
Nov 16, 2020 at 15:31
memforex posted:
Sorry mforce.
Am I right if I say that with default settings, and loading the Expert on the same charts of you, since there is a 2 max trade for same currency limit, and many of them have in common EUR and USD, the EA will never trade on more the 3 couple at the same time?
Yes, you are right that it will only trade it on max. 3 currency pairs at a time - but that's not because of '2 max trade for same currency limit' but because there's a separate setting for setting that. Hope this helps!
Mitglied seit Dec 03, 2020
3 Posts
Jan 03, 2021 at 08:58
hi, i have the flex EA 4.95i ... what settings are you using ? much appreciate it
Jan 03, 2021 at 11:09
Optimized_FX posted:
hi, i have the flex EA 4.95i ... what settings are you using ? much appreciate it
Hi!
If you read this discussion chain completely, you'll have the answer to all of your questions (and more). You can also always DM me if something is not clear. Hope this helps!
Mitglied seit Oct 29, 2020
53 Posts
Jan 11, 2021 at 07:23
It’s a good trading system. I just want to know what calculations you make to use this much leverage. I have never been able to use leverage more than 1:5.
Jan 11, 2021 at 10:02
unsightlydray posted:
It’s a good trading system. I just want to know what calculations you make to use this much leverage. I have never been able to use leverage more than 1:5.
Hi,
So not sure what you mean by 'using leverage'? The amount of leverage available to you depends on your broker and the regulation they are part of (you know if they are US regulated, or if they are CySEC regulated, or if they are FCA regulated, or if they are ASIC regulated, or if they are part of some kind 'overshore regulator' - the latter one usually allows for the most leverage. You can google those different regulations and find out what your broker is part of (where you live might in some cases also limit you of certain choices, for example if you're from US, your choices of brokers are more limited).
And then, for me leverage itself is not the most important thing, what's important is the position sizing. Leverage and margin rules do control what kind of maximum position sizing you can use on your account, but with position sizing one controls the risk (too large position sizing can be called over-leveraging and is very very dangerous - but it's not leverage that forces a trader to adjust your position sizes too large, it's the trader him/herself. However, with larger leverage it is possible to take too big positions and therefore the different regulators do regulate maximum leverage, to 'save people that don't know how to position size correctly from destroying their accounts and money'.
Hope this helps to understand my view.
Mitglied seit Jan 19, 2021
1 Posts
Jan 19, 2021 at 05:43
Hello sir, im trying to copy ur set, but it show that u have trade open but im not.
I've set my setting according to you
half grid, timeframe H-4
but no trade were opened.
im using 4.91 version of flex ea.
and my ea is working properly.
is there something i miss?
I've set my setting according to you
half grid, timeframe H-4
but no trade were opened.
im using 4.91 version of flex ea.
and my ea is working properly.
is there something i miss?
Mitglied seit Feb 22, 2011
4862 Posts
Jan 19, 2021 at 11:04
It is a martingale.
Thought it is Fibonacci - so trade size is rather summed than multiplied still it is very dangerous
05.07.2020 12:35
05.11.2020 11:44
USDCAD
Buy
0.03
-
-84.60
1.40715
1.39619
-109.6
-23.73
3d
-0.93%
05.07.2020 17:25
05.11.2020 11:43
USDCAD
Buy
0.05
-
-60.00
1.40469
1.39619
-85.0
-30.74
3d
-1.19%
05.07.2020 17:57
05.11.2020 11:43
USDCAD
Buy
0.08
-
-34.20
1.40211
1.39619
-59.2
-34.40
3d
-1.31%
05.07.2020 18:33
05.11.2020 11:43
USDCAD
Buy
0.13
-
-8.90
1.39958
1.39619
-33.9
-32.34
3d
-1.22%
05.07.2020 18:44
05.11.2020 11:43
USDCAD
Buy
0.21
-
15.60
1.39713
1.39620
-9.3
-15.23
3d
-0.57%
05.08.2020 03:41
05.11.2020 11:43
USDCAD
Buy
0.34
-
40.00
1.39469
1.39617
14.8
34.57
3d
1.31%
Thought it is Fibonacci - so trade size is rather summed than multiplied still it is very dangerous
05.07.2020 12:35
05.11.2020 11:44
USDCAD
Buy
0.03
-
-84.60
1.40715
1.39619
-109.6
-23.73
3d
-0.93%
05.07.2020 17:25
05.11.2020 11:43
USDCAD
Buy
0.05
-
-60.00
1.40469
1.39619
-85.0
-30.74
3d
-1.19%
05.07.2020 17:57
05.11.2020 11:43
USDCAD
Buy
0.08
-
-34.20
1.40211
1.39619
-59.2
-34.40
3d
-1.31%
05.07.2020 18:33
05.11.2020 11:43
USDCAD
Buy
0.13
-
-8.90
1.39958
1.39619
-33.9
-32.34
3d
-1.22%
05.07.2020 18:44
05.11.2020 11:43
USDCAD
Buy
0.21
-
15.60
1.39713
1.39620
-9.3
-15.23
3d
-0.57%
05.08.2020 03:41
05.11.2020 11:43
USDCAD
Buy
0.34
-
40.00
1.39469
1.39617
14.8
34.57
3d
1.31%
Jan 19, 2021 at 14:41
antoniusfujiono posted:
Hello sir, im trying to copy ur set, but it show that u have trade open but im not.
I've set my setting according to you
half grid, timeframe H-4
but no trade were opened.
im using 4.91 version of flex ea.
and my ea is working properly.
is there something i miss?
Hi,
Please PM me.
Mitglied seit Nov 20, 2020
15 Posts
Jan 21, 2021 at 05:17
That level of profit is amazing. Could you share what tools and strategies you used for this one? Thanks.
Mitglied seit Feb 22, 2011
4862 Posts
Jan 25, 2021 at 08:32
mforce posted:
Yes, so it's not a martingale, but a counter-grid strategy - therefore it uses a multiplier, not a 'doubler' / 'tripler' like martingale. and sorry, it has nothing to do with fibonaccis.
It is martingale. Every martingale increases the trade size when equity decresases.
It does not doublew the size but increase it based on Fibonnacci.
Go back to school buddy.
Jan 25, 2021 at 11:51
togr posted:mforce posted:
Yes, so it's not a martingale, but a counter-grid strategy - therefore it uses a multiplier, not a 'doubler' / 'tripler' like martingale. and sorry, it has nothing to do with fibonaccis.
It is martingale. Every martingale increases the trade size when equity decresases.
It does not doublew the size but increase it based on Fibonnacci.
Go back to school buddy.
Nice web etiquette - you probably should look into that - that's the only thing I'll say.
Mitglied seit Feb 22, 2011
4862 Posts
Jan 25, 2021 at 15:10
OK so what is fibonacci
The beginning of the sequence is thus:
0 , 1 , 1 , 2 , 3 , 5 , 8 , 13 , 21 , 34 , 55 , 89 , 144
What are the trade sizes
0.21
0.13
0.08
0.05
0.03
0.02
0.01
I recognize Fib when I see one...
The beginning of the sequence is thus:
0 , 1 , 1 , 2 , 3 , 5 , 8 , 13 , 21 , 34 , 55 , 89 , 144
What are the trade sizes
0.21
0.13
0.08
0.05
0.03
0.02
0.01
I recognize Fib when I see one...
Jan 25, 2021 at 16:44
togr posted:
OK so what is fibonacci
The beginning of the sequence is thus:
0 , 1 , 1 , 2 , 3 , 5 , 8 , 13 , 21 , 34 , 55 , 89 , 144
What are the trade sizes
0.21
0.13
0.08
0.05
0.03
0.02
0.01
I recognize Fib when I see one...
Hey,
You're not 'far off', so I want to apologise, I was being also rude in my first response. You are very right on fibonacci, and congratulations, you must be quite good at maths. However, fibonacci sequence goes so that next number is always found by adding up the two numbers before it. This systems opens positions based on a fixed position size multiplier (x1.6) and then rounds up to the closest decimal to have a two decimal accuracy as lot sizing requires. It is very very similar, and actually looks exactly the same in the smaller lot sizes (while as later on there are then differences).
Jan 25, 2021 at 16:49
(bearbeitet Jan 25, 2021 at 16:53)
mforce posted:togr posted:
OK so what is fibonacci
The beginning of the sequence is thus:
0 , 1 , 1 , 2 , 3 , 5 , 8 , 13 , 21 , 34 , 55 , 89 , 144
What are the trade sizes
0.21
0.13
0.08
0.05
0.03
0.02
0.01
I recognize Fib when I see one...
Hey,
You're not 'far off', so I want to apologise, I was being also rude in my first response. You are very right on fibonacci, and congratulations, you must be quite good at maths. However, fibonacci sequence goes so that next number is always found by adding up the two numbers before it. This systems opens positions based on a fixed position size multiplier (x1.6) and then rounds up to the closest decimal to have a two decimal accuracy as lot sizing requires. It is very very similar, and actually looks exactly the same in the smaller lot sizes (while as later on there are then differences).
Just to prove the point, you can see at some point of the history, the following sequence of position sizes (the starting position size it calculates based on account balance):
0.07, 0.11, 0.18, 0.29, 0.46, 0.74.
EDIT AFTERWARDS: Well, I noticed just deposited at that point, so we have skipped that sequence until this far and went directly to larger position sizes. So no, you won't find it in the history, sorry.. :)
Mitglied seit Sep 02, 2020
1 Posts
Jan 26, 2021 at 15:24
Hey mforce,
Where can we find the settings for the FlexEA to imitate the results you've been able to get?
Thanks!
Where can we find the settings for the FlexEA to imitate the results you've been able to get?
Thanks!
Mitglied seit Dec 24, 2020
15 Posts
Feb 19, 2021 at 11:46
The system looks okay to me. There should have been some more information on this.
Feb 24, 2021 at 19:43
Hi
I am running the same system, same settings, and have pretty different results. In fact, the system is extremely dangerous as all Grid trading systems.
In the EURCHF runup that we had in the last few days, my first entry was at 1.08702 (short), on 22.2.2021 at 01:07. Increasing by 0.0025. Now looking at the runup to 1.10566 pretty much straight up, I would have hit the Portfolio protection level of -35% very quickly if I hadn't intervened manually closing some trades and hedging others.
Now looking at your trades, I find it particularly interesting that for whatever reasons, your first entry was one day later on 23.2.2021 20:22 at 1.09801. How is that possible? Over the past month I had some similar trades, but also quite different trades. I was for example not in the EURGBP trade, but in the GBPUSD trade. So not sure, where that comes from.
So same system, same settings, EURCHF H4, and after one month I hit the PF Protection because I got into the trades much earlier than you did, and you manage to run it one full year without ever hitting it, avoiding all runups miraculously or enterying them when they are half way through? No offense, but that is very strange.
Well, whatever, I just wanted to warn other users that this system is definitely not getting the returns you imagine, but will quite soon destroy your account. It is okay to run on low level, but don't leave it unattended.
Just my2cents.
Fred
I am running the same system, same settings, and have pretty different results. In fact, the system is extremely dangerous as all Grid trading systems.
In the EURCHF runup that we had in the last few days, my first entry was at 1.08702 (short), on 22.2.2021 at 01:07. Increasing by 0.0025. Now looking at the runup to 1.10566 pretty much straight up, I would have hit the Portfolio protection level of -35% very quickly if I hadn't intervened manually closing some trades and hedging others.
Now looking at your trades, I find it particularly interesting that for whatever reasons, your first entry was one day later on 23.2.2021 20:22 at 1.09801. How is that possible? Over the past month I had some similar trades, but also quite different trades. I was for example not in the EURGBP trade, but in the GBPUSD trade. So not sure, where that comes from.
So same system, same settings, EURCHF H4, and after one month I hit the PF Protection because I got into the trades much earlier than you did, and you manage to run it one full year without ever hitting it, avoiding all runups miraculously or enterying them when they are half way through? No offense, but that is very strange.
Well, whatever, I just wanted to warn other users that this system is definitely not getting the returns you imagine, but will quite soon destroy your account. It is okay to run on low level, but don't leave it unattended.
Just my2cents.
Fred
