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My Grid Strategy with News Filter

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daveng

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6 years ago #116575

While waiting for SQ4 and hoping to have some form of options in the new version to create Grid strategies in future, I’ve created one myself from scratch B)

 

My Grid strategy is built-in with a News Filter which is pretty neat. It downloads news onto your chart from Investing.com in real time and allows you to filter news according to High/Medium/Low impact levels.

The EA will then pause trading before and after news release, which is critical for the success of a Grid strategy.

 

Come to think of it, if SQ4 can allow inclusion of news filter, then that will be perfect although I think chances are quite slim.

 

Anyway I named my Grid EA as “Grid Hero” and I’ve published it on MQL site with live signals:

 

GRID HERO EA Product Page: https://www.mql5.com/en/market/product/20937
GRID HERO EA FAQ: https://www.mql5.com/en/blogs/post/689594
GRID HERO EA Live Signals: https://www.mql5.com/en/signals/author/daveng

 

If you’re not a skeptic of Grid strategies, then do check it out coz its one of its kind…

 

Safe trading…

And looking forward to SQ4!!!

 

Regards,

Dave

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daveng

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6 years ago #144845

Updated:  Grid Hero V5 – 13 Years Back Test Video (2004 – 2017) Tested with Execution Delay Slippage

 

https://youtu.be/QuWqw2OY8ps

 

Back Test Highlights:

  • Enabled Execution Delay Slippage (minimum 200ms to maximum 300ms)
  • Using Dukascopy Real Tick Data (Jan 2004 to Jun 2017)
  • Enabled Real Variable Spread
  • Included $7 Round Trip Commission per standard lot
  • 99.00% Modelling Quality
  • Using Birt’s Tick Data Suite Version 2.2.4.0

EA Parameters Highlights:

  • Enabled Full Auto Lot Sizing
  • Enabled Spread Filter (2 pips)
  • All other EA settings as default

GRID HERO EA Product Page: https://www.mql5.com/en/market/product/20937
GRID HERO EA FAQ: https://www.mql5.com/en/blogs/post/689594
GRID HERO EA Live Signals: https://www.mql5.com/en/signals/author/daveng
GRID HERO Myfxbook: https://www.myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396

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daveng

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6 years ago #193753

Updated: Grid Hero EA Version 6.0 – Visual Mode Back Test Video

https://youtu.be/aBcesp-OTsU

Visual Mode Back Test Highlights:
– Due to the slow nature of Visual mode, the video is kept short by using a shorter test period of Jan to Aug 2017
– Using Dukascopy Real Tick Data (1 Jan 2017 to 1 Aug 2017)
– Enabled Real Variable Spread
– Included $7 Round Trip Commission per standard lot
– 99.00% Modelling Quality
– Using Birt’s Tick Data Suite Version 2.2.4.0

EA Parameters Highlights:
– Using default EA settings of Grid Hero V6

GRID HERO EA MQL Product Page: https://www.mql5.com/en/market/product/20937
GRID HERO EA FAQ: https://www.mql5.com/en/blogs/post/689594
GRID HERO V5 13 Years Back Test Video: https://youtu.be/QuWqw2OY8ps
GRID HERO EA Live Signals: https://www.mql5.com/en/signals/author/daveng
GRID HERO Myfxbook(new signal): https://www.myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120

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mabi

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6 years ago #194165

Nice, I never tried a grid strategy but i know many that did. When they fail they fail fast and you loose everything in a couple of days. Maybe you solved it but most probably not and the past is never like the future. Can you backtest it with 30 years Asirikuy data .

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daveng

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6 years ago #197658

Nice, I never tried a grid strategy but i know many that did. When they fail they fail fast and you loose everything in a couple of days. Maybe you solved it but most probably not and the past is never like the future. Can you backtest it with 30 years Asirikuy data .

Sorry for the late response, I was struggling a bit to get back to this forum after the major SQ website update.
Yes, Grid strategy is an unorthodox strategy and it is often prohibited in competitions, and you might wonder why 🙂
I think I might have cracked it and found a formula to sustain longevity. The trick lies in the averaging algorithm.
As you know most Grid EAs don’t even survive more than 1 or 2 years of back test, let alone adding Variable spread + Commission to it.
The latest version of Grid Hero EA is able to remain profitable over 13 years of real tick back test with real variable spread + $7 commission + simulated execution delay slippage of 200~300ms.
Instead of spending more time on back testing, I have gone live with a $3000 USD real account which you can also monitor via this link: https://www.mql5.com/en/signals/326739
I think real account monitoring is the most realistic way in proving a strategy.

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daveng

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6 years ago #197662

UPDATED: Grid Hero Version 8 “Rise Of The Troopers” Edition – 13 Years Visual Test Video

Video Link: https://youtu.be/xIt2G-cYDHE

GRID HERO EA Product Page: https://www.mql5.com/en/market/product/20937
GRID HERO EA FAQ: https://www.mql5.com/en/blogs/post/689594
GRID HERO V5 13 Years Back Test Video: https://youtu.be/QuWqw2OY8ps
GRID HERO V6 Visual Back Test Video: https://youtu.be/aBcesp-OTsU
GRID HERO EA Live Signals: https://www.mql5.com/en/signals/author/daveng
GRID HERO Myfxbook(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120

As you can imagine how long it will take to record a 13 years visual test video, this video was recorded over 14 hours.
To keep the video within a reasonable length of 1 hour, I’ve speed up the main visual test content by 16 times.
The purpose of this visual test is to give you full transparency on the back test parameters used, no hidden settings, no back end manipulation, only uninterrupted back test to prove the back test results that I have been posting.
This visual test was carried out based on the following back test conditions:

Visual Test Conditions:
– Using 13 years of Dukascopy Real Tick Data (Jan 2004 to Sep 2017)
– Using Real Variable Spread
– Included $7 Round Trip Commission per standard lot
– Simulated Execution Delay Slippage of 200~300ms
– 99.00% Modelling Quality
– Using Birt’s Tick Data Suite Version 2.2.4.0

EA Setting Used:
– Grid Hero V8.0 with Auto Lot Sizing High Risk Set file

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