Hi , I loaded this ea and what I see is pending orders opening and closing, this is normal ?
thanks for your hard works! too bad you lost your source code.. I hope you can managed it!
Btw, any idea why my GT500 is generate negative result?different from yours... I use your GT500 original files *unchanged at all* on tickmill too.
VPS different shouldn't be that much effect I guess?
pls see screenshot below:
my GT500 set from your attached file:
any clue why the result is so different?
If Open Type: Dynamic Recreation by Threshold is enabled, the EA will only recreate new additional orders when ALL pending order has already changed to open orders.. is it correct?
Although my GT500 is same as yours, it doesn't mean will produce the same result. Why?
Because imagine I'm currently running XXXX number of cycles since start, while you probably X number of cycles. If 5 minutes ago my cycle closed, it doesn't mean yours will also be closed. Yours can be closed at some point of time later, or this time on when the chart is moving.
Let us say, your cycle closes now, my cycle is not closing. And because of the different time in starting the cycle, there may be a differences also in the starting price of a cycle. This also impacting in the behavior of the closure of the cycle.
So there will be differences although we are using the same setting. But, I think the result (percentage) will be (nearly) the same.
so we have different cycle... especially with 100 pending orders...
ah... so this strategy dangerous enough if we start it on the wrong time ( also i check your GT500 drawdown is 44.8%.. hmmm too risky? )
as i remember I start it on Sunday night, so the EA runs on Monday morning.... then I realize... stop order isn't good on slow market (asian)...
maybe I will try to make it start at London open...
and about GT1000 (Limit order) what do you think if we implement the new feature "close if no order" ?
do you think it's a good idea?
Target Based (standard): It will close the order only when Target or Stop Loss (new in the next version) is reached.
Right in Start Point or Target Based: It will close when the Target or Stop Loss is reached, that is one condition. Another condition, it will close also when the current Bid and Ask price is touching the middle point (the Bid and Ask price where the cycle was started). This setting is useful when you use LIMIT orders, not with STOP.
All Orders Opened or Target Based: This setting is meant for testing actually. So, same for Target Based. Another condition, it will close also when all pending orders are opened. Which means you have no "bullet" left and will stuck there, then it will close all orders.
Please, can you place a picture of your GT500 set file?
If you feel that way, probably reduce the lot size and target by half.
Since time settings is already there, try to use it to start around 14:00 WIB to 23:00 WIB.
By Threshold means that if it reaches XX points from the outer grid, it will recreate.
i have 3 more questions:
1. since it's running 24hours I guess there's no use on setting the "close if no order?"
2. do you mean run GT500 on 14-23 WIB instead of 24 hours? or just for start (1st time) only?
3. I have a friend who interested to try limit order set (GT1000) on a live account,
is using an ECN broker is better option than standard one? since we always try it on standard demo account...
Ok got it, thanks radityo.ardi !
Today on EURUSD, the price opened my last SELL STOP pending order, but the EA didnt create additional SELL STOP pending order.
For your information, this cycle started at around 16:00:00 yesterday (11 June).
The running time for the EA is 8:00:00 till 22:59:59.
Today (12 June), the price already opened all my SELL STOP pending order. The running time for the EA is active however, no additional sell pending order were created.
Okay, My GT500 forward demo is stopped out.
too risky IMO...maybe lower the order count and/or lower the target will help..
only proven on the paper..
sorry I haven't saw tunnel martingale before,but just read it,really like.
but I backtest EURUSD,always margin call,I fix grid size to 5,still margin call...really don't know why.if you can make an EA,will more clear to find what is the downside in there...
TP exists and SL is not essencial because the risk is equal to the number of traps you set. Once all was triggered the lost will be always stable no matter where the market goes. The only diference is that with a SL the system will restart the trades and without you will have to do it manually. I like to do manually because i can understand what went wrong.
A feature that i would LOVE to have is been able to use the system in multiple pairs at the same time. I tested in other pairs and i liked the results on GBPUSD and USDJPY too, because it works best in low spreads pairs, the others not so much. But i could not use in multiple pairs simultaneously in the same account.
The reason is that i like to diversify the risk and trading the system in a basket maybe its possible to increase the leverage without increasing the risk so much (or at least concentrate).
Great work and potential here. Cheers
I've seen so many grid systems,and none of them can work in every market environment. But it does mean gird system is not good , I think we can use several optimized grid system for different market environment.
how it's work on AUDNZD?more stable than other currency..
can you share your EA?
Since it's not a good EA,and I think we should focus on radityo.ardi's Trapping Grid System,I'll PM you.
By the way,I also have another EA ,which logic similar as the STOP order,but not so good as radityo.ardi's.But I want some thoughts later maybe could help.
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