Some time ago, I begin coding this one with the help of rmyers. We have done a very good EA that I want to share with all of you.

You can read all the history of this development on the groode thread at forexforums.org.

I just want to share this one with all of you, together with the only live statement that I have. It is a test running groodge SOLO since 15/5 and still running.

Basically it places a pair of hedge trades like HedgeEA and then draw a grid on both currencies. This grid moves with the price, so it will catch the profits much more quicker that HedgeEA.

I need help for testing and for find good settings for it. The version I'm posting here is fully functional, on live and demo accounts.

I have older versions with full code on my forum. This one I'm not publishing the code for now.

Happy testing,
Roger

Attached Files

GroodgeEA_v1.16.ex4 (36.1 KB, 1623 views)

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Downloaded,,looks good,will read the thread there first and i will start testing,will keep you updated,thanks

Thanks!!!

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FXDD 10000 USD
demo
GroodgeEA_v1.16
===============
eaname=Groodge
Magic=20080101
Autotrade=1
sufix=m
Symbol1=GBPJPY
Symbol1isLong=1
Symbol2=CHFJPY
Symbol2isLong=0
Lots=0.10000000
UseAutoRatio=1
Ratio=1.80000000
SMA_Value_for_Range=200.00000000
StopManageAcc=0
MaxLoss=0.00000000
Data2= * * * Correlation Settings
UseCorrelation=0
cPeriod=20
MinCorrelation=0.80000000
MaxCorrelation=1.00000000
Data3= * * * Bollinger Band Settings
UseBollinger=0
Bollinger_Symbol=GBPCHF
Bollinger_Period=20.00000000
Bollinger_TF=60.00000000
Bollinger_Dev=2.00000000
Data4= * * * SWAP Settings
UseSwap=1
Data5= * * * Money Management
AccountIsMicro=0
ProfitTarget=50.00000000
MoneyManagement=1
Risk=20.00000000
AutoProfit=1
EmailReport=0
Data6= * * * Grid Settings
UseGridSymbol1=1
UseGridSymbol2=1
Symbol1GridIsLong=1
Symbol2GridIsLong=1
uniqueGridMagic=11111
GridRatioLot=3.00000000
GridSize=20.00000000
GridSteps=10.00000000
trailStop=30
BEPips=20
BEx=5
UpdateInterval=1.00000000
GridMaxOpen=0.00000000
CloseOpenPositions=0
doHouseKeeping=1
keepOpenTimeLimit=0.00000000
minFromPrice=0
gridOffset=10
PipDivergence=50
suspendGrid=0
shutdownGrid=0
UseDynamicPairs=0
cPeriodPast=120
CorrelationThreshold=0.80000000

Attached Images

	DetailedStatement.gif (4.8 KB, 3022 views)
	3.gif (18.8 KB, 2982 views)

Attached Files

	_GroodgeEA.rar (7.9 KB, 769 views)
	groodge1.set (1.2 KB, 537 views)
	i-BalEq.mq4 (4.5 KB, 557 views)

ok,

I created an IBFX Mini Account Demo with 1K at 400:1. I have two charts up ...GBP/JPY, CHF/JPY on H1.

I downloded this EA on just one of the charts with the default settings. I wonder if 1K was too little? (risk 20.0) as the opening exposure seems a bit heavy...but this is a hedged situation so I guess I will just wait and see.

ES

Interestingly this system is rather interesting and smart...if the GBP/JPY goes up we add more longs which add to the hedge with the heavy short over in the CHF/JPY. Generally both of these pair move together. If the CHF/JPY immediatly goes in our favor...well there is immediate profit as again it is heavier than the GBP/JPY exposure.

so to recap: the difference between the entry lotsize determines direction and if the trade goes against you it will change exposure to cause a profit to eventually be realized. Correlation differences and choppiness will not affect this system much and when a strong trend arrives we hope a profit will be hit...survival is the name of the game and this grid lays out the "trap" I must think now as I am almost ready to declare this grid brilliant.

The question becomes how long will the trade duration last...not if there will be a profit. The filling/executions in the grid determines how much of a trend is needed to take us out. The market truly decides and it is our job to survive while it makes up its mind ☺

ES

ohhhhh...ohhhh...wow.....the grid remaps!!!!!!

Ok...This system is brilliant...

Remove this thread and lets make money...I hope that IBFX does not call me and tell me I am executing too many changes for their server....this is awesome...I have been looking for something like this for a long time. This grid listens to the market while evaluating its possible exposure. I believe it will lock in profits as the market changes also, like a fricken trailing grid!!!!...but I do not know yet as I have only lived with it for an hour or so...

Who is this Kokas dude?

ExuberanceSavant

Hmm what is the problem with Kokas??
He is very good programmer. If you dont like this greed trading simply dont use it. Other people who are familiar with trading this ways will trade it.

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russian trader
http://stace.mt4stats.com/

And put this Ea on GBPJPY 1H charts only.

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russian trader
http://stace.mt4stats.com/

Are you Russian? I suggest you get a better command of the English Language....I simply asked who this Kokas dude was as I was impressed. You made it a problem...

No one can read my posts as negatives except you stace...

ES

P.S. stace kokas already answered my question as to which chart to put it on over in his forum...I suggest you go over there and read it...it is a great read...