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Grid - New indicator that replaces chart grid 60 replies
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DislikedHi ME
Did you try it on demo?
The disadvantage is with the spread, if your positions are:
Buy 1 , 6 , 24
Sell 3 , 12 , 48
Total is 94 lots if the spread 3 pip then it will cost you 282 pip.
What is your suggestion for the grid increment? since the large ones you set the more positions you open.
Good luckIgnored
DislikedI have tried this similar method and found it seems working. It's the reason why I started to find EA that using this method. Later, I know that many people have tried this method called martingale.
After trying most of all martingale EAs, I find out that they're same (here, I only refer to martingale EAs, not EAs combines other trading system with martingale) . Differences they have are setting, some time they add more feature like money management, account protection to prevent big drawdown.
All testing showed that it hardly makes it in longterm....Ignored