Latest version and Manual

Neelima Shah

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Feb 24, 2014, 1:39:47 AM2/24/14

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Hi Rick and all,

I’ve been following this thread for a while now and am looking to start trading this EA soon.

Can someone please help me with the latest version that is available and also if there is an updated instruction/manual explaining all the features/inputs.

Does the latest version work on the new MT4 version?

Also if someone can share SET files which work for EURUSD and GBPUSD would be most helpful so that I can start off from there.

Thanks in advance!

Have a good week ahead.

Kind regards,

Neelima

From: margrids-b...@googlegroups.com [mailto:margrids-b...@googlegroups.com] On Behalf Of Rick Drake
Sent: 23 August 2013 01:49
To: margrids-b...@googlegroups.com
Subject: Re: [margrids-battle-chest] Adding Valuable Close functionality to MBC 0.2G

It sure will be possible to back test in MT4... and eventually it will be compatible with Forex Tester as well... which means people will be able to practice in the past with manual intervention, as well as back test a portfolio and see it's results. And because C++ is so much faster... and because I'm building it with back testing in mind... back testing will be much much faster than Margrid.

- Rick

On Thu, Aug 22, 2013 at 2:47 PM, EOGORFX <eog...@gmail.com> wrote:

Great work and ideas Rick.

I think it is very good that some profit from ranging and BO price action can be harvested using the same algo.

Then when the overall open equity is positive lock in the gain and when a TP or Trail is hit close and reset B&S basket,

Then rinse and repeat!

I have been wrestling with the AM mode but I failed to get it working the way I expected in back testing.

Will it still be possible to BT Chameleon using MT4 strategy tester?

This whole project and forum is a great learning resource for me even when I slide down the learning curve it’s good to know that there is somebody there to help.

Ed

From: margrids-b...@googlegroups.com [mailto:margrids-b...@googlegroups.com] On Behalf Of Rick Drake
Sent: 22 August 2013 3:49
To: margrids-b...@googlegroups.com
Subject: Re: [margrids-battle-chest] Adding Valuable Close functionality to MBC 0.2G

Mark,

You are correct. Margrid has become kind of cumbersome. I want Chameleon to be more streamlined, much fewer options, and very efficient for back testing purposes. C++ is much faster than MQL4 for complicated algorithms. And C++ allows me to do some pretty cool things that make life much easier than MQL4 ever did... but on the down side it also has some quirks and some additional overhead for programming. And I'm having to brush up on C++ and also learn more advanced features such as programming classes, templates, overloading, dynamic memory, smart pointers, etc... it's a bit of a learning curve but I'm progressing.

I'm designing Chameleon with speed in mind for fast backtesting. It will also have the ability to run internal stops, which will be fantastic for much faster backtesting.

- Rick

On Thu, Aug 22, 2013 at 6:18 AM, MichaelFX <micha...@gmail.com> wrote:

Hi Mark. . .

Ohh yes. . . I see. . . I have read just a bit of that you wrote back then and I know that this point is the key issue of making Chameleon, AM against M. . .

But at that time i had not investigated MBC that much. . .

I do understand what you say about programming in the existing MBC but if its an relative easy task as I describe it then its worthwhile doing it.

As you mention yourself then the synchronization between various TP's and SL's in both M/AM charts is a big problem.

And the whole basket start-up procedure is a big issue, especial for the AM chart as I see it in an unbalanced Lot/EP configuration between M and AM.

Especially in a side way market without any particular trend direction, then it's a key point for my AM setting to getting out of the AM without too much loss and then get back in, in synck with M. . ..

I don't have all theory set up for this, but this little modification to 0.2G would give me and us an opportunity to test and find solution to those issue.

Do you have some demoes running your M/AM setfiles with success Mark ?

Can I try them ?

Cheers Michael

Den torsdag den 22. august 2013 12.54.01 UTC+2 skrev Mark Suddens:

HI Michael

I did come up with setting that when run concurrently on an AM and a M on the same account, would mirror each others trades and then would both close in profit on an identical retrace...

However as you suspected they eventually get enough out of sync with slippages etc. as they are trading on different charts, for the strategy to fall apart

It was a suggestion made as a result of this attempt that inspired Rick to come up with Chameleon which carries the essential principal of this strategy.

I am not speaking for Rick here but I think MBC has become a bit cumbersome to work with and Rick is taking great pains to program Chameleon in a better programming language and much more efficiently

Cheers Mark

From: MichaelFX <micha...@gmail.com>
To: margrids-b...@googlegroups.com

Sent: Thursday, 22 August 2013 10:04 PM
Subject: [margrids-battle-chest] Adding Valuable Close functionality to MBC 0.2G

Hi Rick

I know that you are very busy programming Chameleon but I have been working a lot with your amazing MBC special with the AM function to "hedge" the normal Martingale system.

I think it is possible to create a combination of Mart. and AM where the Mart can close at the normal TP and the AM is still in profit.

The problem here is that it is very risky to let the AM close in profit at the same price as for the Marts TP with some kind of mathematical calculated TP or SL. If then the Mart exactly NOT hit its TP for some reason and continue against the basket. Then its possible that the Mart will kill the account at some point, as the AM have not had the required "trend length" to build up again.

BUT !!

IF the existing 02G could close the opposite basket when a Buy or Sell basket is closed then they will both close in profit and they will both start up again at the same price fully synchronized.

I know your busy, but this function would be Tremendous valuable for profitable success with the combination of Mart and AM ;-)

I don't know exactly how this could be programmed but I imagine that a simple function to program could be a "close all when basket close" parameter that could tick/untick for each level.

I imagine too that the Mart MBC is running (eg. a BUY basket) alone on its own chart and the AM MBC is running (Then a SELL basket) alone on its own chart. Those two MBC charts using the same magic number for both BUY and SELL and the two charts will then be "in sync." by this magic number.

I imagine too, that MBC is informed somehow from the server when a basket is closed, and that information could be used to trig the "Chicken Out" function to close the rest of trades with that magic number.

I hope you got my point here. . . I know you do.. . . But most of all I hope you have the time to consider making this change to 0.2G ?

Any comments and alternatives are welcome from all ;-)

Cheers Michael

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Mark Suddens

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Feb 24, 2014, 3:13:19 PM2/24/14

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HI Neelima

The latest version of Margrids Battle Chest (MBC) is still ver 2G, available from Rick. The latest instruction manual is attached.

I am happy to share set files that work and that can get you started, however this is not an EA that you should be trading with real money unless you really understand how it is trading, what all of the settings are for and the effect that it will have by changing them.

It is a hugely versatile EA that lets you combine Grid , Martingale grid and breakout strategies, but can loose you money very quickly if you don't know what you are doing..

If you are interested in getting involved I would suggest you spend time on demo accounts and watching the EA on backtesting runs, and understanding strategies and how to implement them in setfiles, before you start trading real money.

Personally I have refined down the work on strategy setfiles from last year to 3 different setfiles on 3 pairs, which I am comfortable with and have been trading since Nov.

The link here is for a demo that I started a couple of weeks ago which is equivalent to what is trading on my real money account, for anyone who wants to follow.

http://www.myfxbook.com/members/cabash/marks-growth/845543

However these set files will be monitored on the live account , and I may occasionally manually intervene if the DD moves past the trigger points I have set from the backtesting carried out on them - I would expect manual intervention to occur maybe once every 3 or 4 months at most but we shall see..... I have stopped trying to develop new set files and approaches and want to build up some positive long term results with the current set files I am using.

As far as the current version 2G goes I would not use it with any MT4 build past 509. It seems to trade OK with builds 600+ on the broker platforms I have tried it on but the on-screen data display does not work, and that is like trading blind.

Hope this helps

Cheers Mark

From: Neelima Shah <neeli...@gmail.com>
To: margrids-b...@googlegroups.com
Sent: Monday, 24 February 2014 7:39 PM
Subject: [margrids-battle-chest] Latest version and Manual

Hi Rick and all,

I’ve been following this thread for a while now and am looking to start trading this EA soon.

Can someone please help me with the latest version that is available and also if there is an updated instruction/manual explaining all the features/inputs.

Does the latest version work on the new MT4 version?

Also if someone can share SET files which work for EURUSD and GBPUSD would be most helpful so that I can start off from there.

Thanks in advance!

Have a good week ahead.

Kind regards,

Neelima

From: margrids-b...@googlegroups.com [mailto:margrids-b...@googlegroups.com] On Behalf Of Rick Drake
Sent: 23 August 2013 01:49
To: margrids-b...@googlegroups.com
Subject: Re: [margrids-battle-chest] Adding Valuable Close functionality to MBC 0.2G

It sure will be possible to back test in MT4... and eventually it will be compatible with Forex Tester as well... which means people will be able to practice in the past with manual intervention, as well as back test a portfolio and see it's results. And because C++ is so much faster... and because I'm building it with back testing in mind... back testing will be much much faster than Margrid.

- Rick

On Thu, Aug 22, 2013 at 2:47 PM, EOGORFX <eog...@gmail.com> wrote:

Great work and ideas Rick..

I think it is very good that some profit from ranging and BO price action can be harvested using the same algo.

Then when the overall open equity is positive lock in the gain and when a TP or Trail is hit close and reset B&S basket,

Then rinse and repeat!

I have been wrestling with the AM mode but I failed to get it working the way I expected in back testing.

Will it still be possible to BT Chameleon using MT4 strategy tester?

This whole project and forum is a great learning resource for me even when I slide down the learning curve it’s good to know that there is somebody there to help.

Ed

From: margrids-b...@googlegroups.com [mailto:margrids-b...@googlegroups.com] On Behalf Of Rick Drake
Sent: 22 August 2013 3:49
To: margrids-b...@googlegroups.com
Subject: Re: [margrids-battle-chest] Adding Valuable Close functionality to MBC 0.2G

Mark,

You are correct. Margrid has become kind of cumbersome. I want Chameleon to be more streamlined, much fewer options, and very efficient for back testing purposes. C++ is much faster than MQL4 for complicated algorithms. And C++ allows me to do some pretty cool things that make life much easier than MQL4 ever did... but on the down side it also has some quirks and some additional overhead for programming. And I'm having to brush up on C++ and also learn more advanced features such as programming classes, templates, overloading, dynamic memory, smart pointers, etc... it's a bit of a learning curve but I'm progressing.

I'm designing Chameleon with speed in mind for fast backtesting. It will also have the ability to run internal stops, which will be fantastic for much faster backtesting.

- Rick

On Thu, Aug 22, 2013 at 6:18 AM, MichaelFX <micha...@gmail.com> wrote:

Hi Mark. . .

Ohh yes. .. . I see. . . I have read just a bit of that you wrote back then and I know that this point is the key issue of making Chameleon, AM against M. . .

MargridsBattleChest.pdf

Neelima Shah

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Feb 26, 2014, 9:29:45 PM2/26/14

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Hi Mark,

Firstly many thanks for the detailed reply.

Does anyone have any suggestions/ideas on how to get an old build of the MT4? All my MT4’s got upgraded automatically! L

I have traded Martingales before, and I had also had an EA developed for me a couple of years ago.

MBC is of course far more advanced and flexible than what I had developed.

I look forward to receiving your SET files. I will of course be trading them on a demo account.

What equity per starting lot of 0.01 lots do you recommend per pair?

Rick, are you planning to fix the onscreen issue so that version 2G can trade on the new build 60+ of MT4?

Keenly await your replies!

Kind regards,

Neelima

Rick Drake

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Feb 27, 2014, 12:24:21 AM2/27/14

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Hello Neelima,

I plan on fixing the screen issues on Friday.

- Rick

Neelima Shah

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Mar 4, 2014, 6:05:10 AM3/4/14

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Hi Rick,

Just wanted to know if you had a chance to fix the screen issue?

Am keen to fire up the EA on a demo account.

Mark Suddens

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Mar 4, 2014, 3:26:27 PM3/4/14

to margrids-b...@googlegroups.com

HI Neelima

Sorry to not reply to your last post/email.

Happy to share any of the set files I have been part of developing - but would feel I need to explain the different strategies behind them so you know what to look for.

Unfortunately I do not think you can reverse upgrade 600+ builds. (you used to be able to just copy and old terminal file into the appropriate folder. From what I have read on forums this does not seem to work now)

Let me know when you are set up with a working version of MBC

Cheers Mark

From: Neelima Shah <neeli...@gmail.com>
To: margrids-b...@googlegroups.com

Sent: Wednesday, 5 March 2014 12:05 AM
Subject: RE: [margrids-battle-chest] Latest version and Manual

It sure will be possible to back test in MT4.... and eventually it will be compatible with Forex Tester as well... which means people will be able to practice in the past with manual intervention, as well as back test a portfolio and see it's results. And because C++ is so much faster... and because I'm building it with back testing in mind... back testing will be much much faster than Margrid.

- Rick

On Thu, Aug 22, 2013 at 2:47 PM, EOGORFX <eog...@gmail.com> wrote:

Great work and ideas Rick..

I think it is very good that some profit from ranging and BO price action can be harvested using the same algo.

Then when the overall open equity is positive lock in the gain and when a TP or Trail is hit close and reset B&S basket,

Then rinse and repeat!

I have been wrestling with the AM mode but I failed to get it working the way I expected in back testing..

Visit this group at http://groups..google.com/group/margrids-battle-chest.

lufigofx

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Mar 12, 2014, 5:00:18 PM3/12/14

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Hi Rick

Any news about the fixing screen issue?

Regards

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Rick Drake

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Mar 12, 2014, 5:57:13 PM3/12/14

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I will get the EA compiled on the new MT4 build this Friday. Once it's updated, I plan on releasing the code to this group. I'm focusing my efforts elsewhere now and don't really have the time to support this EA as I should.

On the flip side, I'm testing out news spike trading on the Futures markets. I tried news spike trading on the Forex market back in 2010, and it just didn't work. The broker's would not execute the trades, or worse, would wait until the end of the news spike and then get you in, only to hit your stops. Well, the Futures market is a bit different. Orders are submitted directly to the exchange, which then fills your orders. Slippage is not nearly as big an issue as it was in the Forex market. I'm working on programming an EA for NinjaTrader that will allow me to trade these news spikes in a way that maximizes profits (trail stops based on waves) while minimizing losses (tight break even targets). I'll have to keep you guys updated on how it's going.

- Rick

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EOGORFX

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Mar 15, 2014, 6:46:44 AM3/15/14

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Hi Rick

I am very interested to know that you will use Ninja Trader which I have used for swing trading stocks into Interactive Brokers. https://www.interactivebrokers.com/en/main.php

I think it is worth looking at IB for FX trading also except the min trade size is $20,000

The charting is better than MT4 and back testing is supposed to be much better and easier to do.

Thank you for all your hard work which has helped me and this great group, which you established, survive and stay on the pitch in this ever changing and challenging trading game.

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