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Flexy Grid EA (Grid Trading)

  • #1,161
  • Jan 25, 2018 10:59am Jan 25, 2018 10:59am
Closing out my EURGBP long & short grids out for the week because I will not be able to manage them tomorrow. The one long trade taken on the short grid was my mistake in case you see it on the statement. Would like to have the EA automated to open a new grid as soon as the profit target is reached.

Note: EA is not closing out all the open orders when profit target is reached. I am having to close these out manually that the EA does not close. I also have a trade explorer linked for each grid.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: long_grid_1-19-18_thru_1-25-18.png Size: 26 KB
Click to Enlarge Name: short_grid_1-19-18_thru_1-25-18.png Size: 26 KB
Click to Enlarge Name: 2018-01-25_1105.png Size: 70 KB
Click to Enlarge Name: 2018-01-25_1106.png Size: 78 KB
  • #1,162
  • Jan 25, 2018 12:47pm Jan 25, 2018 12:47pm
Quoting gridfxtrader
{quote} Yes
Ok I will have a look.
This is not investment/trading advise. Will not hold accountable for loss
  • #1,163
  • Jan 25, 2018 1:09pm Jan 25, 2018 1:09pm
Quoting yousername
{quote} Ok I will have a look.
Thank you. Also, can you please add an input so the the EA would automatically open a grid again once the profit target is reached? It seems trading both sides of EURGBP may provide an overall profitable strategy. I will forward test it and post the results on the thread.
  • #1,164
  • Jan 25, 2018 3:34pm Jan 25, 2018 3:34pm
Quoting gridfxtrader
Closing out my EURGBP long & short grids out for the week because I will not be able to manage them tomorrow. The one long trade taken on the short grid was my mistake in case you see it on the statement. Would like to have the EA automated to open a new grid as soon as the profit target is reached. Note: EA is not closing out all the open orders when profit target is reached. I am having to close these out manually that the EA does not close. I also have a trade explorer linked for each grid. {image} {image} {image} {image}
I hope it's a demo account with all that trades you could easily run into margin call.

What strategy are you following using grid (one way or both ways)?
  • #1,165
  • Jan 25, 2018 5:25pm Jan 25, 2018 5:25pm
Quoting Merka
{quote} I hope it's a demo account with all that trades you could easily run into margin call. What strategy are you following using grid (one way or both ways)?
I am trading 2 demo accounts. In live accounts if I were to trade this way, funds could be sent from one account to another account if one is experiencing heavy draw down. There has to be a point when a trader decides to stop trading based on a percentage of their account being down. My max risk would be 30%-35% total over both accounts while aiming for 100% + gain over both accounts.

As far as the strategy goes, I have one long grid and one short grid demo account for the EURGBP pair running at the same time. EA settings can be seen in the images a few post up from here.
  • #1,166
  • Jan 25, 2018 5:57pm Jan 25, 2018 5:57pm
Quoting gridfxtrader
{quote} I am trading 2 demo accounts. In live accounts if I were to trade this way, funds could be sent from one account to another account if one is experiencing heavy draw down. There has to be a point when a trader decides to stop trading based on a percentage of their account being down. My max risk would be 30%-35% total over both accounts while aiming for 100% + gain over both accounts. As far as the strategy goes, I have one long grid and one short grid demo account for the EURGBP pair running at the same time. EA settings can be seen in...
It's an interesting approach but needs a substantial capital.

If you are doing both ways, there will be always 1 winning and 1 loosing trades at any point in time.
How do you guys make money?
Really curious about this approach.
Thanks
  • #1,167
  • Jan 25, 2018 6:39pm Jan 25, 2018 6:39pm
Quoting Merka
{quote} It's an interesting approach but needs a substantial capital. If you are doing both ways, there will be always 1 winning and 1 loosing trades at any point in time. How do you guys make money? Really curious about this approach. Thanks
Grid spacing and lot sizes can be adjusted relative to your account size. I want to test the limits of the current settings and dial it back from there if needed. I have my profit target set to $100 for each account grid. You can go into draw down as see above on the long grid. The market turned around and I was able to close out for a profit. Meanwhile I was taking profits on the short grid as the market was moving down with not much draw down.
  • #1,168
  • Jan 26, 2018 3:20am Jan 26, 2018 3:20am
Quoting gridfxtrader
{quote} Grid spacing and lot sizes can be adjusted relative to your account size. I want to test the limits of the current settings and dial it back from there if needed. I have my profit target set to $100 for each account grid. You can go into draw down as see above on the long grid. The market turned around and I was able to close out for a profit. Meanwhile I was taking profits on the short grid as the market was moving down with not much draw down.
Thanks
Are you using FG_2.13_DST_input posted on #post 1135?
  • #1,169
  • Jan 26, 2018 7:31am Jan 26, 2018 7:31am
Quoting yousername
This thread will be about my EA Flexy Grid. It's called Flexy because I want it to be Flexible, I can place the buy/sell grid manually or automatically. Personally I use it manually because I like to have control. I'm smarter than this EA, the EA doesn't take account of other variable i.e. News and what I'm seeing over my eyes and head. Manual Flexy Grid {image} Automatic Flexy Grid. When you click the Manual button and it becomes Automatic button in green color, you should see a screenshot like that below. In order to start the EA to trade automatically,...
Thank you.
  • #1,170
  • Feb 1, 2018 5:12pm Feb 1, 2018 5:12pm
Quoting Merka
{quote} Thanks Are you using FG_2.13_DST_input posted on #post 1135?
FLEX GRID 1.9
  • #1,171
  • Edited 5:29pm Feb 1, 2018 5:17pm | Edited 5:29pm
Closing out the EURGBP long & short grids for the week. Not a bad 2nd week. Still have a problem with the EA not closing out all the trades when the profit target is reached.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2018-02-01_long_grid.png Size: 26 KB
Click to Enlarge Name: 2018-02-01_short_grid.png Size: 31 KB
Click to Enlarge Name: 2018-02-01_1728.png Size: 171 KB
Click to Enlarge Name: 2018-02-01_1728_001.png Size: 189 KB
  • #1,172
  • Feb 2, 2018 11:38am Feb 2, 2018 11:38am
Quoting gridfxtrader
Closing out the EURGBP long & short grids for the week. Not a bad 2nd week. Still have a problem with the EA not closing out all the trades when the profit target is reached. {image} {image} {image} {image}
Hi
As you are trading on the same pair a buy and sell grid, do you experienced a loss or a win on both grids?
Are you able to give some statistical data for:
Both grids win
Both grids loss
1 grid win and 1 grid loss (most common scenario)
Thanks
  • #1,173
  • Feb 3, 2018 8:36am Feb 3, 2018 8:36am
Quoting Merka
{quote} Hi As you are trading on the same pair a buy and sell grid, do you experienced a loss or a win on both grids? Are you able to give some statistical data for: Both grids win Both grids loss 1 grid win and 1 grid loss (most common scenario) Thanks
The trade stats show on the summary (images attached above for both grids in post 1171).
  • #1,174
  • Feb 8, 2018 12:59pm Feb 8, 2018 12:59pm
My computer restarted last night for some reason. Once I logged back in this morning, I opened up both platforms. The EA closed out the short grid since it exceeded the profit target. I manually closed out the long grid for the week. See below for 3rd week results.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2018-02-08_long_grid_001.png Size: 33 KB
Click to Enlarge Name: 2018-02-08_short_grid.png Size: 30 KB
Click to Enlarge Name: 2018-02-08_long_grid.png Size: 144 KB
Click to Enlarge Name: 2018-02-08_short_grid_001.png Size: 150 KB
  • #1,175
  • Feb 8, 2018 1:34pm Feb 8, 2018 1:34pm
3rd week net results: $551.44 + $3332.24 = $3883.68
  • #1,176
  • Feb 8, 2018 1:59pm Feb 8, 2018 1:59pm
Quoting gridfxtrader
3rd week net results: $551.44 + $3332.24 = $3883.68
Hi, all this is Auto?
What time frame?
settings?
Thanks
  • #1,177
  • Feb 8, 2018 3:18pm Feb 8, 2018 3:18pm
Quoting ordosgoitia
{quote} Hi, all this is Auto? What time frame? settings? Thanks
I am using the EA for both long & short grids on the EUR/GBP. Time frame doesn't matter on a grid. See image for settings.
Attached Image (click to enlarge)
Click to Enlarge Name: 2018-02-08_1518.png Size: 100 KB
  • #1,178
  • Feb 8, 2018 4:43pm Feb 8, 2018 4:43pm
I found a broker that allows hedging for US customers so I opened a $10K demo account to trade the EURGBP long & short grid on one account. See results starting from 1/26/2018 - 2/8/2018. I will post updates starting next week. See below for EA settings. Had same problem above with my computer restarting in the middle of the night. Had to open the platform when I woke up. Max loss willing to incur is 30% from the initial balance before I shut it down.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2018-02-08_long_&_short_grid.png Size: 31 KB
Click to Enlarge Name: 2018-02-08_1642.png Size: 94 KB
  • #1,179
  • Feb 8, 2018 8:39pm Feb 8, 2018 8:39pm
Quoting gridfxtrader
{quote} The trade stats show on the summary (images attached above for both grids in post 1171).
Hi,

If your strategy is to build grid on both long and short, why not just make one dummy trade in demo account, if it reached targeted profit / drawdown then OP on the opposite in the live account. This way you can save capital by 50% on live trading.
  • #1,180
  • Feb 8, 2018 8:59pm Feb 8, 2018 8:59pm
Quoting cecking
{quote} Hi, If your strategy is to build grid on both long and short, why not just make one dummy trade in demo account, if it reached targeted profit / drawdown then OP on the opposite in the live account. This way you can save capital by 50% on live trading.
One could certainly do what you have said. The way that I am doing it so far has netted a positive return for each grid so I will continue to forward test it this way.
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