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- Deltraderboy replied Mar 31, 2015
Hi Joshua, I concur with all your points above. I have posted before that I think there needs to be a filter for trend exhaustion, which could be as simple as a "max internal trend confirmation" setting for when the trend strength is above a given ...
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 20, 2015
Hi GT. Please don't take all the negative comments personally, and if the forum thinks you have gone commercial then maybe you should as I am sure you would find backers. There are a number of us on this forum who have been following you and taking ...
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 20, 2015
Thanks GT, that has worked for me! Are you working on an update and can you give any clues to the amendments we might see? By the way, are you aware that your EA is being sold under the name Forex Double?
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 20, 2015
Back to manual folks! Anyone up for some price action trading? I have checked GT's profile and no new news there. Does anyone have a version that is still working? It seems like we were getting close to some good settings. The general consensus is ...
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 20, 2015
I am using 4xsolutions.com VPS with a trade copier service but my demo account is also showing Current Trend Unknown, the same as the live accounts.
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 18, 2015
One other observation - I have MAX DD loaded on an inactive chart (i.e. any pair not traded by MGT). If I check what the DD is just ahead of the news I can set the Max DD setting to a few % points higher and this will act as a global stop-loss if ...
Max Draw Down EA from Matrix Grid Thread
- Deltraderboy replied Mar 18, 2015
First off I would like to give a big thumbs up to fxtrader1081 as the MaxDD EA worked perfectly and saved my account from implosion during the FOMC news releases this evening. I was in fact already trying to exit trades this afternoon ahead of the ...
Max Draw Down EA from Matrix Grid Thread
- Deltraderboy replied Mar 14, 2015
Maybe the solution here is to actually prevent a trade if the trend strength is above a certain % as it would indicate exhaustion with a likely impending reversal. I have two charts per pair on my setup (M1 and M15) and manually suspend trading ...
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 14, 2015
I am with you on this. However, I think there is still room for live testing different lot sizes, TP settings, and from my recent experience MultiLotFactor settings (especially with TrendChange). I would also prefer to see MaxDD applied to each pair ...
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 13, 2015
Thanks BillYon. I have have had an Undesired Reaction to the MultiLotsFactor_TrendChange setting - I had it set to 2.0 on EURUSD and with 5 trades open at 0.02 the trend changed. I was expecting new trades to open at 2 x 0.02 = 0.04 but instead it ...
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 13, 2015
Excuse my ignorance but what do the AutoStep and AutoInitialStep functions do? What effect does setting either to False have?
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 13, 2015
I agree. The most risky time IMHO is at the exhausted end of a trend and an order is opened just before the price pulls back in the opposite direction. You are then left hoping that one of the pull-backs will save the day. I wonder if anyone has any ...
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 13, 2015
When you say that it will disable all EA's, do you mean that it will turn off AutoTrading and leave all live orders intact to run their course, or will it also close all live orders?
Max Draw Down EA from Matrix Grid Thread
- Deltraderboy replied Mar 12, 2015
Well you might think (or hope) it will be an inactive thread but you have my attention! I should also apologise for asking so many questions but it is clear you understand exactly what is needed here. The lot size is a significant issue because, as ...
Max Draw Down EA from Matrix Grid Thread
- Deltraderboy replied Mar 11, 2015
Thanks for your help. Regarding the Max DD, what I would like to see is a setting added to MGT CE 1.1 for the total number of trades allowed per pair, rather than rely on the fixed 15 limit it apparently has now (see earlier #post 2064 by BillYon). ...
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 10, 2015
Looking at the Trade Explorer screens, would you conclude that the results show the best setting is 0.01 lots per 1000.00 balance? And limiting dd to 30% does not adversely affect the performance whilst adding a safety net? Regarding the Max DD EA, ...
Matrix Grid Trading Community Edition
- Deltraderboy replied Mar 10, 2015
Hi, I had the same problem but I think it is because you have the minimum lot size of 0.01 and if you set the MultiLotsFactor to 1.2 it will round 1.2 x 0.01 back to 0.01. I have been trading this for a month and it makes good gains but DD ...
Matrix Grid Trading Community Edition
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