Lets try to improve my profitable Grid Correction EA | Page 24 | Forex Factory

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Lets try to improve my profitable Grid Correction EA

  • #461
  • Jan 24, 2018 7:14pm Jan 24, 2018 7:14pm
Quoting joneepom
This is my Wednesdays 24hr results trading with 1.7 Trades 242 losses 97 Wins 145
which version of the EA are you using...and have you changed any of the settings from the default
thanks
  • #462
  • Jan 24, 2018 7:15pm Jan 24, 2018 7:15pm
Quoting GiantGonads
{quote} The problem with this is that you almost definitely be left with a negative open position at the end of your trading session which will then get automatically closed off for a loss.
Hi @GG,
It is never a good idea to try and restrict an EA using the long or short option in the platform as this will create a problem where the EA will be continuously trying to open a trade but is being blocked by the platform and this usually creates problems elsewhere in the EA code as it cannot get its trade set as per the code. It should really be an option in the EA itself.
Cheers
maahome
  • #463
  • Jan 24, 2018 8:10pm Jan 24, 2018 8:10pm
Quoting pipbeastfx
When i read today post. I see some traders are afraid of the some draw down. This is Grid system so you need to have some draw down to make som profit. There is no holly grill in forex. Here we all trading forex because we like to take a risk. And main important thing is not the strategy we use. Important thing is managing our money with the risk. You cannot make profit from each single pip market moves. We need to balance the trade to gain our equity. Thats why i added some management option to EA such as daily target. Equity stop time delay. So...

true~!!
I do suggest to close the EA before red news is coming out if we do the live trading.
  • #464
  • Jan 24, 2018 10:37pm Jan 24, 2018 10:37pm
For me i dont recommend closing the EA at all let it run and run

these types of EA it needs a DD to gain nice profit .

all what matters is :

pairs used and lot size depends on your balance . dont get greedy and WAIT for profits . i dont advise using it with less than $5000 ( 0.01 ) max 2 pairs .
  • #465
  • Jan 25, 2018 4:55am Jan 25, 2018 4:55am
Had another successful day with this EA on the same pair and timeframe.
  • #466
  • Jan 25, 2018 5:19am Jan 25, 2018 5:19am
How is the today result as a total can you post some here
  • #467
  • Jan 25, 2018 5:20am Jan 25, 2018 5:20am
Dear PIPBEASTFX,

First of all thanks a Lot for your great effort. I am not very experienced in EA but I tested your EA and found it profitable. Also I want to ask what means of Allow DLL input? Is this EA can be stopped by you?

Please inform can I use it on live trading? can we chat privately? Thank you
Imran100
  • #468
  • Jan 25, 2018 5:33am Jan 25, 2018 5:33am
Attached Image (click to enlarge)
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  • #469
  • Jan 25, 2018 5:35am Jan 25, 2018 5:35am
the account survived a 250 pip move on GBPUSD.

I had changed the lot exponent to 1.1. This was the key.

I have $6000 demo account. the total DD was approximate $1000.

With lot exponent 1.1, EA is little slower at making profits but keeps the DD in check

Try it yourselves guys.
Attached Image (click to enlarge)
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  • #470
  • Jan 25, 2018 5:38am Jan 25, 2018 5:38am
Quoting pipbeastfx
How is the today result as a total can you post some here
Almost a week Original EA None stop 0.03 lot 3 pairs
Attached Image (click to enlarge)
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  • #471
  • Jan 25, 2018 5:40am Jan 25, 2018 5:40am
Quoting pipbeastfx
How is the today result as a total can you post some here
Hi,
just about to setup the demo account, but is there a reason why your trade explorer has disappeared?!
Just curious...
Check page 1 for all infos...
  • #472
  • Jan 25, 2018 5:55am Jan 25, 2018 5:55am
Quoting AndrewBa-
{quote} Hi, just about to setup the demo account, but is there a reason why your trade explorer has disappeared?! Just curious...
Hello Andewba trade expolere you can check here. I have removed it from tread because i want to get yours testing. Lot of traders in our team now we need to get each one opinion. And traders here use different money management theory. They are doong experiment. If i show a trade explore here they will think the same way. We need new ideas. And new arguments. That what this make the best EA.

You can check the trade explore here
https://www.forexfactory.com/pipbeastfx#acct.87
  • #473
  • Jan 25, 2018 5:56am Jan 25, 2018 5:56am
Quoting abusaad412
{quote} Almost a week Original EA None stop 0.03 lot 3 pairs {image}
Abusaad412 you are doing great .....
  • #474
  • Jan 25, 2018 5:56am Jan 25, 2018 5:56am
Quoting M.Propper
{image}
Nice work M.propper
  • #475
  • Jan 25, 2018 5:58am Jan 25, 2018 5:58am
Quoting bgntrs
the account survived a 250 pip move on GBPUSD. I had changed the lot exponent to 1.1. This was the key. I have $6000 demo account. the total DD was approximate $1000. With lot exponent 1.1, EA is little slower at making profits but keeps the DD in check Try it yourselves guys. {image}

Great experiment by bgntrs. You catch a 250 pip move and safly manage the EA
  • #476
  • Jan 25, 2018 5:59am Jan 25, 2018 5:59am
Quoting aliimran995
Dear PIPBEASTFX, First of all thanks a Lot for your great effort. I am not very experienced in EA but I tested your EA and found it profitable. Also I want to ask what means of Allow DLL input? Is this EA can be stopped by you? Please inform can I use it on live trading? can we chat privately? Thank you
sure you can run demo and live from the EA. But if you are new first run demo for some weeks
  • #477
  • Jan 25, 2018 7:20am Jan 25, 2018 7:20am
Congrats pipbeastfx...EA seems to work on DAX30 too, even through ECB Rate Decision...!

Attached Image (click to enlarge)
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Happy pipping, jdva
I never lose - either I win or I learn...
  • #478
  • Jan 25, 2018 7:21am Jan 25, 2018 7:21am
Quoting pipbeastfx
{quote} sure you can run demo and live from the EA. But if you are new first run demo for some weeks
Thank You Bro. Appreciate your kind response.
Imran100
  • #479
  • Jan 25, 2018 7:58am Jan 25, 2018 7:58am
@all: is it better not to trade M5 and to move to M15 or H1?
  • #480
  • Jan 25, 2018 8:20am Jan 25, 2018 8:20am
Can you add trade info like image.
Attached Image (click to enlarge)
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