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Progressive (By mforce )

The user has deleted this system.

Progressive Discussion

mforce
Jan 19 at 14:41
23 posts
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.

jasperrobert
Jan 21 at 05:17
15 posts
That level of profit is amazing. Could you share what tools and strategies you used for this one? Thanks.

vontogr (togr)
Jan 25 at 08:32
4862 posts
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.

mforce
Jan 25 at 11:51
23 posts
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.

vontogr (togr)
Jan 25 at 15:10
4862 posts
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...



mforce
Jan 25 at 16:44
23 posts
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).

mforce
Jan 25 at 16:49
23 posts
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.. :)

danstewart22
Jan 26 at 15:24
1 posts
Hey mforce,
Where can we find the settings for the FlexEA to imitate the results you've been able to get?
Thanks!

epeepillock
Feb 19 at 11:46
15 posts
The system looks okay to me. There should have been some more information on this.

Chenker
Feb 24 at 19:43
3 posts
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

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