Profitable Grid Break-out Trading System(PGBTS) | Page 11 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Flexy Grid EA (Grid Trading) 1,363 replies

Grid - New indicator that replaces chart grid 60 replies

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

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

Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies

Attachments: Profitable Grid Break-out Trading System(PGBTS)
Exit Attachments

Profitable Grid Break-out Trading System(PGBTS)

  • #201
  • Dec 29, 2013 11:27pm Dec 29, 2013 11:27pm
Quoting shinewel
see the closed trades with profit ...50pips diff pending orders appreciate if someone can create an ea or script open trades only...not to manage the trades {image} {image}
Shinewell,
Your example in your post #169 is showing the difference of 33 pips between buy stop and sell limit. How did you come up with 50 pips?
  • #202
  • Jul 1, 2014 12:37am Jul 1, 2014 12:37am
hello Dare123, hows the progress?? any1 testing this system?
  • #203
  • Jul 20, 2014 7:16pm Jul 20, 2014 7:16pm
Hi Dare123

I'm very interested to know if you're still trading this grid method as I noticed you have started another thread on trading without stop loss. Just wondering if the grid method you were trading is still working for you?

Cheers kramyerac
  • #204
  • Aug 16, 2014 6:16am Aug 16, 2014 6:16am
Quoting ~bull.bear~
Here is the improved EA. However, it doesn't have exit method for losing scenario. So it close all trade if new equity high is achieved. Maybe some one could advice this. {file}
Instead of closing positions with increased equity it would be far better if it was just a simple drawdown close - for example 10% of the current equity is missing - close everything and wait for the next day to come.
  • #205
  • Edited 2:35pm Jun 7, 2016 12:33pm | Edited 2:35pm
Dear Bull.Bear,

Could you please tell us what the TD parameter in your EA is? I don't find thatin page 9...

Update. I'm sorry, I think I need help with all the parameters. A small explanatino of each one except TP and SL would help, I'll make extensive tests to find the best setting, maybe pay a programmer to make it cut losses, and share the results in the thread. I'm very interested in this thread!
James 4:17 So it is sin to know the good and yet not do it.
  • #206
  • Jun 13, 2016 3:40pm Jun 13, 2016 3:40pm
Ok guys, I see this thread is no longer active. Still, I'm modifying Bull.Bear's EA. First, I will add a drawdown% closing trades module. In about 3 months maybe I will make the SL and TP work. I will only share the modified EA here if I find a long-term profitable setting. Otherwise, I don't plan to share if because it would be a loss of your time.
James 4:17 So it is sin to know the good and yet not do it.
  • #207
  • Jun 15, 2016 11:19pm Jun 15, 2016 11:19pm
Listen, folks. I'm trying to make this system work, but so far I am having 1 week of losses.

I have a couple of questions:

1 - What rules do we use when we close our positions? Close all positions at the end of the day? Close only profitable positions?
2 - What do you do in situations when all orders have been triggered and your are sitting on a loss no matter where price goes?

thanks!
  • #208
  • Jun 15, 2016 11:21pm Jun 15, 2016 11:21pm
And also, what about SL and TP?

Some say do not use SL at all "just let them hang there, the price will eventually come back."

Or use SL and TP, But then, what's the best ratio? In the beginning the author of this thread said he uses SL 10 TP 30. But later he said SL 40 and TP 20. What's the deal?
  • #209
  • Jun 16, 2016 5:38pm Jun 16, 2016 5:38pm
i have tested this strategy on demo for a month and it looks profitable so far

thank you for sharing
  • #210
  • Sep 21, 2016 2:32am Sep 21, 2016 2:32am
Quoting usdivers
Thought you guys might like this EA, I have actually been trading this system for about 5 years.
Dear usdivers,

Could you please attach the !MBFX System indicator. It used by your ea.

iCustom(Symbol(),0,"!MBFX System",Nmbr_Bars,Order,Ecart,3,0)...

Thank you
  • #211
  • Sep 23, 2016 3:54am Sep 23, 2016 3:54am
I'm sorry. Found your answare
  • #212
  • Mar 17, 2017 12:17pm Mar 17, 2017 12:17pm
Dead thread
  • #213
  • May 6, 2017 12:25am May 6, 2017 12:25am
Send to you
http://shink.in/p0uTJ
  • #214
  • Aug 7, 2017 8:12am Aug 7, 2017 8:12am
Is still Grid strategy working. Anyone having live experience
  • #215
  • Aug 7, 2017 4:54pm Aug 7, 2017 4:54pm
Quoting comeback2000
Is still Grid strategy working. Anyone having live experience
I have tried it. It was not profitable for me.
  • #216
  • Aug 8, 2017 11:35pm Aug 8, 2017 11:35pm
Quoting usdivers
Thought you guys might like this EA, I have actually been trading this system for about 5 years. The EA is custom that I had made. I have gone through several versions. Attached is my latest version. If you are going to use it, play around with the settings that suit you best. {file} {file}

Got this your ea. Tried to backtest but traded once and did not open further trades after the first cycle. The journal states imbfx data cannot be found. What is likely to be the problem sir?
Thank you
  • #217
  • Sep 7, 2018 3:50am Sep 7, 2018 3:50am
Quoting Angel65
{quote} Hello, I agree with the quote above, this EA rules could be :
--------------------------------------------------
Buy Stop @1.3060 ; SL 40pips, TP 20pips
Buy Stop @1.3040 ; SL 40pips, TP 20pips
Buy Stop @1.3020 ; SL 40pips, TP 20pips
Current market price: 1.3000

It has been mentioned earlier, but to me it doesn't really make sense. When the price hits 1.3040 you TP from the trade entered at 1.3020 and immediately enter again targeting 1.3040. Why not just move the stop? Or alternatively, move the stop and adjust the volume if MM requires a different lot size? Would save round turn costs...
  • #218
  • Last Post: Sep 7, 2018 6:25am Sep 7, 2018 6:25am
Quoting mfeldt
{quote} It has been mentioned earlier, but to me it doesn't really make sense. When the price hits 1.3040 you TP from the trade entered at 1.3020 and immediately enter again targeting 1.3040. Why not just move the stop? Or alternatively, move the stop and adjust the volume if MM requires a different lot size? Would save round turn costs...
I think the original version was designed so that you didn’t have to babysit. That’s why.
0 traders viewing now