Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Trapping System: Tunnel Martingale 475 replies

Grid - New indicator that replaces chart grid 57 replies

Grid (not grid system) or horizontal lines indicator 6 replies

Trapping System: Way to Fully-Automated Trading System 47 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Attachments: Trapping System: Grid
Exit Attachments

Trapping System: Grid

I get to this page: https://archive.codeplex.com/?p=rdzgridtraps and notice the EA done pretty good but later burn the account, I have a question, does the EA increase the position lots automatically in line with balance grow? If yes I think maybe that was one reason for blow the account. I'll going to start my test with this EA, and share my thoughts latter.
Attached File(s)
File Type: mq4 RdzGridTraps.mq4   66 KB | 857 downloads
Hello!
Does anyone know how to configure or modify the EA so that the first order of the grid (either limit order or stop order) after starting the cycle opens automatically instead of waiting for the price to touch the order ("current price interval (points)" in the configuration)?
Thank you.
Greetings, Marius.
Bump up in the thread. Any new developments in the grid arena? I'm working on some stuff (hedging grids in trends), but want to see if any other work is being done.

Mahalo,
EZ
Quoting ezcurrency
Bump up in the thread. Any new developments in the grid arena? I'm working on some stuff (hedging grids in trends), but want to see if any other work is being done. Mahalo, EZ
if you're referring to MT4 EA, no further development. I'm re-coding it for cTrader, and still in progress.
If you ask me to code/fix your EA... it's probably not for free...
radityo.ardi Hi
and Thanks for sharing your Ea with us.

I dont know if you still follow up with this thred, but I like to ask you about your Ea. Can I use it for such a simple function and that is to open stop orders and keep opening them, and nothing more?

Let me explain what I mean:
I like to find an Ea that open buy and sell at the same price,. So if the price go up or down at specific user defined pips then it have to open another stop order respectively. And keep continue doing that. The Ea should handle the user defined tp or sl seperetly and not calculate all the position's sl or tp. So if the trade get closed buy an sl or tp it have reopen it when the price get back to the same place where it originally got opened.
No more. No tecnical analysis. No indcaters, no candles or bars or lines.

Can I do that with your EA? If yes, how shall I change the settings for that.

Thanks in advance
Quoting aalaarajy
radityo.ardi Hi and Thanks for sharing your Ea with us. I dont know if you still follow up with this thred, but I like to ask you about your Ea. Can I use it for such a simple function and that is to open stop orders and keep opening them, and nothing more? Let me explain what I mean: I like to find an Ea that open buy and sell at the same price,. So if the price go up or down at specific user defined pips then it have to open another stop order respectively. And keep continue doing that. The Ea should handle the user defined tp or sl seperetly...
Hi,
This has to be customized from the current EA. Apparently, I've planned not to do any further modifications. I've played with so many grid strategies, nothing concludes "the best", all has its own breaking point including your strategy. Yours seems similar to this: https://www.forexfactory.com/showthread.php?t=583322
I suggest, go down there and see whether it's the one you're looking for.
If you ask me to code/fix your EA... it's probably not for free...
Quoting radityo.ardi
{quote} Hi, This has to be customized from the current EA. Apparently, I've planned not to do any further modifications. I've played with so many grid strategies, nothing concludes "the best", all has its own breaking point including your strategy. Yours seems similar to this: https://www.forexfactory.com/showthread.php?t=583322 I suggest, go down there and see whether it's the one you're looking for.
Any progress since your last update bro? Eager to see what you have developed so far.
Quoting radityo.ardi
{quote} Hi, This has to be customized from the current EA. Apparently, I've planned not to do any further modifications. I've played with so many grid strategies, nothing concludes "the best", all has its own breaking point including your strategy. Yours seems similar to this: https://www.forexfactory.com/showthread.php?t=583322 I suggest, go down there and see whether it's the one you're looking for.
Hey there. I have lost the zip file from codeplex that had 5 or more different versions of rdzgridtraps in one file. If you can post it, i would be greatly appreciated!!!! I have found a few on FF like 1.5 and 1.3, but all of them are customized or dont have code that I know was in other files in that zip file on codeplex. note if i remember the file name correctly, the file name was "rdz-grid-traps-master" (dot zip).
Not sure if this is good news or not for you.

I'm currently testing a similar strategy that is also using the grid system. Quite similar but with few differences.
Just to let it sink in, here's the strategy I'm developing as a bot. Watch this:
Inserted Video
.

The key points here:

  1. Open buy & sell at the same grid line, take profit at the next grid line (either above or below).
  2. Find pairs with the lowest volatility (this was something that I think it's genius!).

So, I wrote a bot for it. I'm writing in cTrader, no longer using MT4/MT5. The reason is mainly this: I'm developing an EA using grid, and definitely needs arrays, quick pre-processing, sorting, filtering, transforming an array into another array, and all those stuff. Working with MT4/MT5 is not worth my time since it's based on C++, so I'm coding in cTrader which will benefit the C#/.NET Framework world such as LINQ. The funny thing is, C++ is said to be the fastest but in my honest opinion, cTrader (C#) is faster than Metatrader, especially in trade execution.

And did a couple of backtests from 1st Jan 2021, showing a steady return so far. The lowest investment I can foresee is this: US$ 250 deposit and start with 0.01 lots and 15 pips intervals each grid line (15 pips is already too dense).

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB

Not sure if this is useful, but here we go, statistics.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB

My only addition was to put in Smart Stop Loss logic. Essentially, is to put a borderline on the upper and lower side, with the logic of where the active open positions are above or below the borderline and age more than (for example) a day or two, it'll force close it. Doing this will make the grid "cleaner" and there are not much of open positions at the end of any period. So, this allows you to force close all (with loss of course) and restart if you need to. See the picture below.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 53 KB

Note, this is just a test. On my backtest experience, it's really best to avoid any pairs that matched with USD (because you've got NFP announcement and FOMC where the price can move rapidly like easily 50-100 pips in a minute. This time, your grid will look messed up.

I'm not going to make this public first, but let me test it out for a couple of months. You can always track my result on this: Forex Trading Profile of radityoardi | Myfxbook. If you're interested while I'm not yet making it public, you can always go to that guy's YouTube channel and buy his EA (I'm dead serious, ultimately my EA will not be free too).

That's it, I'm not going to talk much, see you in a couple of months forward.
If you ask me to code/fix your EA... it's probably not for free...
The main risk in this kind of strategy is well known.

If you are facing a big trend at a certain point you will not be able to open new trades because of margin requirement.

The only way to survive is to close losing trades (possibly with a positive net result) and start a new cycle from zero margin.
Quoting Alberto_Jazz
The main risk in this kind of strategy is well known. If you are facing a big trend at a certain point you will not be able to open new trades because of margin requirement. The only way to survive is to close losing trades (possibly with a positive net result) and start a new cycle from zero margin.
That's what I'm trying to test.

The idea is to establish zones, the zone where the current price is in, the zone where the bot needs to execute pending orders, and the zones where it'll all close the losing trades. If you see my last image above, the price has gone far up or down already, but the leftover trades are only within that range.

Visually, it'll be like this in the chart. But hey, it's just testing.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB

The guy on YouTube uses target profit, where it will close all trades when it reaches a certain amount of profit. We'll see.
If you ask me to code/fix your EA... it's probably not for free...
radityo.ardi

What happened that no one talks anymore?
Quoting radityo.ardi
Not sure if this is good news or not for you. I'm currently testing a similar strategy that is also using the grid system. Quite similar but with few differences. Just to let it sink in, here's the strategy I'm developing as a bot. Watch this: https://www.youtube.com/watch?v=1zKApgaX1eA. The key points here: Open buy & sell at the same grid line, take profit at the next grid line (either above or below). Find pairs with the lowest volatility (this was something that I think it's genius!). So, I wrote a bot for it. I'm writing in cTrader,...





radityo.ardi
did you finish the tests? and what are the results already?
0 traders viewing now