DislikedThe GRID: Grid systems thrive on price volatility, but when the market trends and trends hard the GRID system will fail time and time again. Hence why the markets refusal to venture down the GRID path. So how then can a GRID system overcome this? Simple increase the GRID steps, well why not 300, 500, 800 etc? Easy because you would make 10$ a week. So how then can the GRID adapt to the markets movement? One concept is using a low value ATR for determining the percentiles of the market, you would want your GRID to be above the 50th percentile, for...Ignored
i agree with your concept here. been doing some live trading using demo account using different grid EAs , most of them have similar designs (duh. gid arent complex, but trading it will be !) , one important findings i conclude will be --- THERE IS NO UNIVERSAL Grid range/Set/setup. the market moves like a band expand and contract, so your setup should be adapting this , like since 20th april EUro USD fuck up countless martingale and grid systems, due to the aggressive yet uncorrective wave. My question to myself was, how am i going to survive this ? using 250points grid step? yeah that would do but shitty profits and long dragging grid hard to close up in normal times.
one more thing, in this grid business, you are too late to realise that you are so fucked. by the time you wake up in the morning and open mt4 you are at step 12 or above you know you are screwed and nothing you can do about it. i have studied hedging methods too, and those arent really helping when your Drawdown is at >70%, you just dont have enuff equity to keep it afloat for next few wave.
so 100% automatic trading is quite near impossible in my eye, we need to have manual interventions , adjusting the grid step to the market range, and try to follow the trend , for example, when the big TF is moving upward bias, do not let the sell order stack up too much until too dangerous or painful to cutloss. my personal choice is going long only in this situation but the profit will be much much less... in case some still havnt realise, the profit of a martingale / grid is related to the drawdown incurred, if you have like 0.50 total open you surely will have much more profit but endure the sufferings as well.
Trading martingale is viable and possible, just that not much people has the time , discipline , effort and patience. manage the risk. manage the trade. manage your exposure. stay alive...
1