Chock Hwee Ng
Chock Hwee Ng
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9+ years
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Chock Hwee Ng
Chock Hwee Ng
While waiting for Version 7 to be approved and published by MQL moderator, here is a sneak peak of its score card from a brutal back test...

Grid Hero V7.0 - Real Tick Data Back Test with Simulated Execution Delay Slippage

V7.0 Main Highlights:
- Higher Profitability
- Higher Profit Factor
- Higher Trade Volume
- Low Maximum Draw Down
- Low Relative Draw Down
- Low Absolute Draw Down
- Self Adaptive

Back Test Highlights:
- Enabled Execution Delay Slippage (minimum 200ms to maximum 300ms)
- Using Dukascopy Real Tick Data (Jan 2004 to 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:
- Enabled Full Auto Lot Sizing
- All other EA settings as default (Optimized Trading Time Mode & Volatility Filter enabled)

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
Grid Hero Behind The Scene - "In-Sample" & "Out-of-Sample" Development And Testing Methodology

Let me reveal a little more about how Grid Hero was developed :)

Grid Hero's development phase was segregated into 2 phases call the "In-Sample" phase, and the "Out-of-Sample" phase.

The "In-Sample" phase is the primary focus of the EA's development where the EA's trading logic, algorithm, stability, profitability, stagnation, etc, are being developed and tested using a pre-defined test period (usually a few years).

Whereas the "Out-of-Sample" phase is a test period that falls outside of the "In-Sample" period, where the EA is being tested for Robustness, to see if it can exhibit the same performance in a test period that falls outside of the EA's development period.

When I developed Grid Hero, I used a "Reversed Sampling" methodology to define the "In-Sample" and "Out-of-Sample" period:

For In-Sample period: I used the late years of 2012 to 2017 because I prefer to use recent market data in establishing Grid Hero's foundation

For Out-of-Sample period: I used the earlier years of 2004 to 2011 to test Grid Hero's robustness in remaining profitable in a segregated period that falls outside of Grid's development phase.

The above methodology of using recent data as "In-Sample" period while using the early data as "Out-of-Sample" period is call "Reversed Sampling".

As evident in the back tests, Grid Hero is able to maintain its consistency in remaining profitable and stable even in the "Out-of-Sample" test period, which is a good form of robustness check.

And needless to say, all my tests are conducted with Real Tick Data (99% Modelling Quality), Real Variable Spread with Commission, and even with Execution Delay Slippage Simulation, as well as Monte Carlo Simulation Runs of Trade Randomization.

So I hope this little behind the scene story of Grid Hero gives you more insight of how much work and effort have been put into the development of Grid Hero EA. It is not just another EA that was developed out of randomness, but rather an EA that was carefully crafted and created using proper development and testing methodology.

Last but not least, stay tuned for the upcoming Self Adaptive Grid Hero Version 7...

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
Grid Hero Version 6.0 - Live Usage and Back Test Instructions

Live Usage Instructions:

1) Simply drag and drop Grid Hero V6.0 EA onto EURUSD H1 chart
2) In the EA menu, input your broker's GMT Offset value for Winter (check with your broker if you're unsure)
3) Leave all other EA settings as default

Note: The default value of the GMT Offset for Winter is set to 2, which matches most brokers.

Back Test Instructions:

- If using standard MT4 Tick data downloaded from History Center: Use default settings of EA (leave the GMT Offset for Winter as default).

- If using Birt's Tick Data Suite (V2): Let's say if your broker's GMT Offset value for Winter is 2, under the "Tick data settings" of Tick Data Suite, set GMT Offset value to "+2" and DST to "US".

And should you have any further queries, please feel free to PM me.

GRID HERO V6 Visual Mode Back Test Video: https://youtu.be/aBcesp-OTsU
GRID HERO V5 13 Years Back Test Video: https://youtu.be/QuWqw2OY8ps
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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
While waiting for Version 7 to be approved and published by MQL moderator, here is a sneak peak of its score card from a brutal back test...

Grid Hero V7.0 - Real Tick Data Back Test with Simulated Execution Delay Slippage

V7.0 Main Highlights:
- Higher Profitability
- Higher Profit Factor
- Higher Trade Volume
- Low Maximum Draw Down
- Low Relative Draw Down
- Low Absolute Draw Down
- Self Adaptive

Back Test Highlights:
- Enabled Execution Delay Slippage (minimum 200ms to maximum 300ms)
- Using Dukascopy Real Tick Data (Jan 2004 to 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:
- Enabled Full Auto Lot Sizing
- All other EA settings as default (Optimized Trading Time Mode & Volatility Filter enabled)

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
Grid Hero Behind The Scene - "In-Sample" & "Out-of-Sample" Development And Testing Methodology

Let me reveal a little more about how Grid Hero was developed :)

Grid Hero's development phase was segregated into 2 phases call the "In-Sample" phase, and the "Out-of-Sample" phase.

The "In-Sample" phase is the primary focus of the EA's development where the EA's trading logic, algorithm, stability, profitability, stagnation, etc, are being developed and tested using a pre-defined test period (usually a few years).

Whereas the "Out-of-Sample" phase is a test period that falls outside of the "In-Sample" period, where the EA is being tested for Robustness, to see if it can exhibit the same performance in a test period that falls outside of the EA's development period.

When I developed Grid Hero, I used a "Reversed Sampling" methodology to define the "In-Sample" and "Out-of-Sample" period:

For In-Sample period: I used the late years of 2012 to 2017 because I prefer to use recent market data in establishing Grid Hero's foundation

For Out-of-Sample period: I used the earlier years of 2004 to 2011 to test Grid Hero's robustness in remaining profitable in a segregated period that falls outside of Grid's development phase.

The above methodology of using recent data as "In-Sample" period while using the early data as "Out-of-Sample" period is call "Reversed Sampling".

As evident in the back tests, Grid Hero is able to maintain its consistency in remaining profitable and stable even in the "Out-of-Sample" test period, which is a good form of robustness check.

And needless to say, all my tests are conducted with Real Tick Data (99% Modelling Quality), Real Variable Spread with Commission, and even with Execution Delay Slippage Simulation, as well as Monte Carlo Simulation Runs of Trade Randomization.

So I hope this little behind the scene story of Grid Hero gives you more insight of how much work and effort have been put into the development of Grid Hero EA. It is not just another EA that was developed out of randomness, but rather an EA that was carefully crafted and created using proper development and testing methodology.

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
Get ready for Grid Hero Version 7...

Grid Hero is now self-adaptive with Version 7.

The main feature is a Volatility Filter that constantly scans and detects low volatility period to enter trades.

It is optimized to work seamlessly with Grid Hero's core algorithm on a self adaptive mode, which means its entry criteria is always adapting to the changing market.

This feature is enabled by default as it further enhances profitability, stability and robustness as seen from the 13 years long term brutal back tests, regardless of using Birt's Tick Data Suite or the standard MT4 Tick Data.

And in case for whatever reason you can also choose to turn off this feature with a simple setting in the EA.

Version 7 also comes with another convenient feature that you can enable to automatically align the Friday End Time with your time filter such that the EA will not trade on Friday evening regardless of which time filter mode you're using.

And again on usage wise, it is very easy to use, just drag and drop the EA onto EURUSD H1 chart, and then just input your broker's GMT Offset value for Winter, and that's it, simple as that. No Set file needed.

7 generations of Grid Hero upgrades within a short 6 months since published, and the EA just gets more and more powerful and robust with each release.

Believe it or not, trading and coding are my passion and I will continue to make Grid Hero a better product where possible.

So stay tuned, I'll update here again once Version 7 is being published.
Have a great week ahead...

GRID HERO V6 Visual Mode Back Test Video: https://youtu.be/aBcesp-OTsU
GRID HERO V5 13 Years Back Test Video: https://youtu.be/QuWqw2OY8ps
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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396

Regards,
Dave
Chock Hwee Ng
Chock Hwee Ng
Grid Hero Version 6.0 - Live Usage and Back Test Instructions

Conscious that there are quite a number of Grid Hero new users lately, I would like to reiterate its usage and back test instructions so as to ensure you are using it the correct way.

Live or Demo Usage Instructions:

1) Simply drag and drop Grid Hero V6.0 EA onto EURUSD H1 chart
2) In the EA menu, input your broker's GMT Offset value for Winter (check with your broker if you're unsure)
3) Leave all other EA settings as default

Note: The default value of the GMT Offset for Winter is set to 2, which matches most brokers.

Back Test Instructions:

- If using standard MT4 Tick data downloaded from History Center: Use default settings of EA (leave the GMT Offset for Winter as default).

- If using Birt's Tick Data Suite (V2): Let's say if your broker's GMT Offset value for Winter is 2, under the "Tick data settings" of Tick Data Suite, set GMT Offset value to "+2" and DST to "US".

And should you have any further queries, please feel free to PM me.

GRID HERO V6 Visual Mode Back Test Video: https://youtu.be/aBcesp-OTsU
GRID HERO V5 13 Years Back Test Video: https://youtu.be/QuWqw2OY8ps
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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396

Regards,
Dave
Chock Hwee Ng
Chock Hwee Ng
Grid Hero V6.0 - Real Tick Data Back Test with Simulated Execution Delay Slippage

V6.0 Main Highlights (compared to previous versions):
- Lower Maximum Draw Down
- Lower Relative Draw Down
- Lower Absolute Draw Down
- Higher Profit Factor

Back Test Highlights:
- Enabled Execution Delay Slippage (minimum 200ms to maximum 300ms)
- Using Dukascopy Real Tick Data (Jan 2004 to 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:
- Enabled Full Auto Lot Sizing
- All other EA settings as default (Optimized Trading Time Mode)

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
Grid Hero Behind The Scene - "In-Sample" & "Out-of-Sample" Development And Testing Methodology

Let me reveal a little more about how Grid Hero was developed :)

Grid Hero's development phase was segregated into 2 phases call the "In-Sample" phase, and the "Out-of-Sample" phase.

The "In-Sample" phase is the primary focus of the EA's development where the EA's trading logic, algorithm, stability, profitability, stagnation, etc, are being developed and tested using a pre-defined test period (usually a few years).

Whereas the "Out-of-Sample" phase is a test period that falls outside of the "In-Sample" period, where the EA is being tested for Robustness, to see if it can exhibit the same performance in a test period that falls outside of the EA's development period.

When I developed Grid Hero, I used a "Reversed Sampling" methodology to define the "In-Sample" and "Out-of-Sample" period:

For In-Sample period: I used the late years of 2012 to 2017 because I prefer to use recent market data in establishing Grid Hero's foundation

For Out-of-Sample period: I used the earlier years of 2004 to 2011 to test Grid Hero's robustness in remaining profitable in a segregated period that falls outside of Grid's development phase.

The above methodology of using recent data as "In-Sample" period while using the early data as "Out-of-Sample" period is call "Reversed Sampling".

As evident in the back tests, Grid Hero is able to maintain its consistency in remaining profitable and stable even in the "Out-of-Sample" test period, which is a good form of robustness check.

And needless to say, all my tests are conducted with Real Tick Data (99% Modelling Quality), Real Variable Spread with Commission, and even with Execution Delay Slippage Simulation, as well as Monte Carlo Simulation Runs of Trade Randomization.

So I hope this little behind the scene story of Grid Hero gives you more insight of how much work and effort have been put into the development of Grid Hero EA. It is not just another EA that was developed out of randomness, but rather an EA that was carefully crafted and created using proper development and testing methodology.

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396

Have a good one...

Regards,
Dave
Chock Hwee Ng
Chock Hwee Ng
Grid Hero Version 6.0 - Live Usage and Back Test Instructions

Conscious that there are quite a number of Grid Hero new users lately, I would like to reiterate its usage and back test instructions so as to ensure you are using it the correct way.

Live or Demo Usage Instructions:

1) Simply drag and drop Grid Hero V6.0 EA onto EURUSD H1 chart
2) In the EA menu, input your broker's GMT Offset value for Winter (check with your broker if you're unsure)
3) Leave all other EA settings as default

Note: The default value of the GMT Offset for Winter is set to 2, which matches most brokers.

Back Test Instructions:

- If using standard MT4 Tick data downloaded from History Center: Use default settings of EA (leave the GMT Offset for Winter as default).

- If using Birt's Tick Data Suite (V2): Let's say if your broker's GMT Offset value for Winter is 2, under the "Tick data settings" of Tick Data Suite, set GMT Offset value to "+2" and DST to "US".

And should you have any further queries, please feel free to PM me.

GRID HERO V6 Visual Mode Back Test Video: https://youtu.be/aBcesp-OTsU
GRID HERO V5 13 Years Back Test Video: https://youtu.be/QuWqw2OY8ps
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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396

Regards,
Dave
Chock Hwee Ng
Chock Hwee Ng
Grid Hero V6.0 - Real Tick Data Back Test with Simulated Execution Delay Slippage

V6.0 Main Highlights (compared to previous versions):
- Lower Maximum Draw Down
- Lower Relative Draw Down
- Lower Absolute Draw Down
- Higher Profit Factor

Back Test Highlights:
- Enabled Execution Delay Slippage (minimum 200ms to maximum 300ms)
- Using Dukascopy Real Tick Data (Jan 2004 to 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:
- Enabled Full Auto Lot Sizing
- All other EA settings as default (Optimized Trading Time Mode)

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
Grid Hero Behind The Scene - "In-Sample" & "Out-of-Sample" Development And Testing Methodology

Let me reveal a little more about how Grid Hero was developed :)

Grid Hero's development phase was segregated into 2 phases call the "In-Sample" phase, and the "Out-of-Sample" phase.

The "In-Sample" phase is the primary focus of the EA's development where the EA's trading logic, algorithm, stability, profitability, stagnation, etc, are being developed and tested using a pre-defined test period (usually a few years).

Whereas the "Out-of-Sample" phase is a test period that falls outside of the "In-Sample" period, where the EA is being tested for Robustness, to see if it can exhibit the same performance in a test period that falls outside of the EA's development period.

When I developed Grid Hero, I used a "Reversed Sampling" methodology to define the "In-Sample" and "Out-of-Sample" period:

For In-Sample period: I used the late years of 2012 to 2017 because I prefer to use recent market data in establishing Grid Hero's foundation

For Out-of-Sample period: I used the earlier years of 2004 to 2011 to test Grid Hero's robustness in remaining profitable in a segregated period that falls outside of Grid's development phase.

The above methodology of using recent data as "In-Sample" period while using the early data as "Out-of-Sample" period is call "Reversed Sampling".

As evident in the back tests, Grid Hero is able to maintain its consistency in remaining profitable and stable even in the "Out-of-Sample" test period, which is a good form of robustness check.

And needless to say, all my tests are conducted with Real Tick Data (99% Modelling Quality), Real Variable Spread with Commission, and even with Execution Delay Slippage Simulation, as well as Monte Carlo Simulation Runs of Trade Randomization.

So I hope this little behind the scene story of Grid Hero gives you more insight of how much work and effort have been put into the development of Grid Hero EA. It is not just another EA that was developed out of randomness, but rather an EA that was carefully crafted and created using proper development and testing methodology.

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396

Have a good one...

Regards,
Dave
Chock Hwee Ng
Chock Hwee Ng
Grid Hero V6.0 - Real Tick Data Back Test with Simulated Execution Delay Slippage

V6.0 Main Highlights (compared to previous versions):
- Lower Maximum Draw Down
- Lower Relative Draw Down
- Lower Absolute Draw Down
- Higher Profit Factor

Back Test Highlights:
- Enabled Execution Delay Slippage (minimum 200ms to maximum 300ms)
- Using Dukascopy Real Tick Data (Jan 2004 to 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:
- Enabled Full Auto Lot Sizing
- All other EA settings as default (Optimized Trading Time Mode)

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
How many EAs have you seen so far that are able to remain profitable over a 13 years brutal back test using:
- Real Tick Data (99% modelling Quality)
- Real Variable Spread with $7 Round Trip Commission
- Simulated Execution Delay Slippage of 200 to 300 milliseconds
- Monte Carlo Simulation Runs of Trade Randomization

Well, its really rare to find an EA that can survive the above back testing conditions, let alone being profitable.
Here's a rare one that can remain profitable with consistent stability and little stagnation:

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
Grid Hero Behind The Scene - "In-Sample" & "Out-of-Sample" Development And Testing Methodology

Let me reveal a little more about how Grid Hero was developed :)

Grid Hero's development phase was segregated into 2 phases call the "In-Sample" phase, and the "Out-of-Sample" phase.

The "In-Sample" phase is the primary focus of the EA's development where the EA's trading logic, algorithm, stability, profitability, stagnation, etc, are being developed and tested using a pre-defined test period (usually a few years).

Whereas the "Out-of-Sample" phase is a test period that falls outside of the "In-Sample" period, where the EA is being tested for Robustness, to see if it can exhibit the same performance in a test period that falls outside of the EA's development period.

When I developed Grid Hero, I used a "Reversed Sampling" methodology to define the "In-Sample" and "Out-of-Sample" period:

For In-Sample period: I used the late years of 2012 to 2017 because I prefer to use recent market data in establishing Grid Hero's foundation

For Out-of-Sample period: I used the earlier years of 2004 to 2011 to test Grid Hero's robustness in remaining profitable in a segregated period that falls outside of Grid's development phase.

The above methodology of using recent data as "In-Sample" period while using the early data as "Out-of-Sample" period is call "Reversed Sampling".

As evident in the back tests, Grid Hero is able to maintain its consistency in remaining profitable and stable even in the "Out-of-Sample" test period, which is a good form of robustness check.

And needless to say, all my tests are conducted with Real Tick Data (99% Modelling Quality), Real Variable Spread with Commission, and even with Execution Delay Slippage Simulation, as well as Monte Carlo Simulation Runs of Trade Randomization.

So I hope this little behind the scene story of Grid Hero gives you more insight of how much work and effort have been put into the development of Grid Hero EA. It is not just another EA that was developed out of randomness, but rather an EA that was carefully crafted and created using proper development and testing methodology.

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396

Have a good one...

Regards,
Dave
Chock Hwee Ng
Chock Hwee Ng
Grid Hero Version 6.0 - Live/Demo Usage and Back Test Instructions

Conscious that there are quite a number of Grid Hero new users lately, I would like to reiterate its usage and back test instructions so as to ensure you are using it the correct way.

Live or Demo Usage Instructions:

1) Simply drag and drop Grid Hero V6.0 EA onto EURUSD H1 chart

2) In the EA menu, input your broker's GMT Offset value for Winter (check with your broker if you're unsure)

3) Leave all other EA settings as default

Note: The default value of the GMT Offset for Winter is set to 2, which matches most brokers.

Back Test Instructions:

- If using standard MT4 Tick data downloaded from History Center: Use default settings of EA (leave the GMT Offset for Winter as default).

- If using Birt's Tick Data Suite (V2): Let's say if your broker's GMT Offset value for Winter is 2, under the "Tick data settings" of Tick Data Suite, set GMT Offset value to "+2" and DST to "US".


And should you have any further queries, please feel free to PM me.
Have a good weekend...

GRID HERO V6 Visual Mode Back Test Video: https://youtu.be/aBcesp-OTsU
GRID HERO V5 13 Years Back Test Video: https://youtu.be/QuWqw2OY8ps
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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396

Regards,
Dave
Chock Hwee Ng
Chock Hwee Ng
GRID HERO NEW LIVE SIGNAL - This week's full trades transactions 7 to 11 Aug 2017 (see screen capture below):

GRID HERO V6 Visual Mode Back Test Video: https://youtu.be/aBcesp-OTsU
GRID HERO V5 13 Years Back Test Video: https://youtu.be/QuWqw2OY8ps
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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
Grid Hero Behind The Scene - "In-Sample" & "Out-of-Sample" Development And Testing Methodology

Let me reveal a little more about how Grid Hero was developed :)

Grid Hero's development phase was segregated into 2 phases call the "In-Sample" phase, and the "Out-of-Sample" phase.

The "In-Sample" phase is the primary focus of the EA's development where the EA's trading logic, algorithm, stability, profitability, stagnation, etc, are being developed and tested using a pre-defined test period (usually a few years).

Whereas the "Out-of-Sample" phase is a test period that falls outside of the "In-Sample" period, where the EA is being tested for Robustness, to see if it can exhibit the same performance in a test period that falls outside of the EA's development period.

When I developed Grid Hero, I used a "Reversed Sampling" methodology to define the "In-Sample" and "Out-of-Sample" period:

For In-Sample period: I used the late years of 2012 to 2017 because I prefer to use recent market data in establishing Grid Hero's foundation

For Out-of-Sample period: I used the earlier years of 2004 to 2011 to test Grid Hero's robustness in remaining profitable in a segregated period that falls outside of Grid's development phase.

The above methodology of using recent data as "In-Sample" period while using the early data as "Out-of-Sample" period is call "Reversed Sampling".

As evident in the back tests, Grid Hero is able to maintain its consistency in remaining profitable and stable even in the "Out-of-Sample" test period, which is a good form of robustness check.

And needless to say, all my tests are conducted with Real Tick Data (99% Modelling Quality), Real Variable Spread with Commission, and even with Execution Delay Slippage Simulation, as well as Monte Carlo Simulation Runs of Trade Randomization.

So I hope this little behind the scene story of Grid Hero gives you more insight of how much work and effort have been put into the development of Grid Hero EA. It is not just another EA that was developed out of randomness, but rather an EA that was carefully crafted and created using proper development and testing methodology.

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396

Have a good one...

Regards,
Dave
Chock Hwee Ng
Chock Hwee Ng
How many EAs have you seen so far that are able to remain profitable over a 13 years brutal back test using:
- Real Tick Data (99% modelling Quality)
- Real Variable Spread with $7 Round Trip Commission
- Simulated Execution Delay Slippage of 200 to 300 milliseconds
- Monte Carlo Simulation Runs of Trade Randomization

Well, its really rare to find an EA that can survive the above back testing conditions, let alone being profitable.
Here's a rare one that can remain profitable with consistent stability and little stagnation:

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396
Chock Hwee Ng
Chock Hwee Ng
Realistic reasons why you should consider GRID HERO EA:

Here are your reasons (It's time to be realistic with your back tests):

Back Tested over 13 years from 2004 to 2017
Back Tested using Real Tick Data (99% modelling quality)
Back Tested with Real Variable Spread + $7 commission
Back Tested with Execution Delay Slippage of 200 to 300 milliseconds
Robustness Tested with 2000 Monte Carlo Simulation Runs of Trade Randomizations
Using renowed state of the art back test software Birt's Tick Data Suite Version 2.2.4.0.

Before you buy any EAs out there, please make an effort to do a proper back test.
Buying an EA without doing proper back testing is like dumping your money into the sea.
Start doing yourself a favour, spend your money wisely, learn to do a 99% back test.
Perform all your back tests with Real Tick Data, Real Spread, and Commission.
Perform robustness tests like Execution Delay Slippage and Trade Randomization.
Simulate a realistic test as close to live trading conditions as possible.

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 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(new signal): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2195120
GRID HERO Myfxbook(retired): myfxbook.com/members/iamforexrobot/grid-hero-real-axitrader-ecn/2005396