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Sail the Grid - System without the need to analyze the chart

  • #21
  • Mar 2, 2019 3:50am Mar 2, 2019 3:50am
Interesting, i trade grid too. Maybe this help for make auto grid distance. Just set StartPrice.

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  • #22
  • Mar 2, 2019 5:23am Mar 2, 2019 5:23am
[quote = lghr; 12068355] Oi, MichaelSch. Talvez meu entendimento não esteja correto. A conta soprada da ferramenta no final. {file} [/ quote]
hi lghr, could take a look at this post?

option close signal reverse or continue
https://www.forexfactory.com/showthr...22#post8907422
  • #23
  • Mar 2, 2019 5:35am Mar 2, 2019 5:35am
Quoting hapanoy
[quote = lghr; 12068355] Oi, MichaelSch. Talvez meu entendimento não esteja correto. A conta soprada da ferramenta no final. {file} [/ quote] hi lghr, could take a look at this post? option close signal reverse or continue https://www.forexfactory.com/showthr...22#post8907422
One problem can't be solved. frequently open and close in rang market.
  • #24
  • Mar 2, 2019 6:02am Mar 2, 2019 6:02am
Quoting MichaelSch
{quote} I draw not all lines, this picture is only to show how it work. We have again and again further pairs above and under price action. Ever! Be sure you have enough order set in both direction, so price can not reach the end in few days. Make the work one time and go with market change and add new pairs if it is time to do it. {image} What you mean with -60? The buy trades going in TP after every 20 Pips, only the short are in negative. In this picture you can take for example all sell trades out if the first sell trade (sell 4) is going in...
Wouldn't the sells be -60 (sell 1 -40, sell 2 -20)
  • #25
  • Mar 2, 2019 6:14am Mar 2, 2019 6:14am
Quoting MichaelSch
{quote} As said my english is not the best, but i will do my best to answer. I do not get full what have you writen, so go again in the setup. I have above and under the price action all pending order. If price is at say 1.13 i have build many pending order above the price and many order under the price. 200 - 300 Pips in both direction. Now i am waiting for price reaching my orders get filled and closing in profit. If i see some trades are closed in profit, i go and set again the initial trades back in the "fishnet". Also the trades i take out...
If we consider net opened positions at each grid level, then in nutshell I think we are just selling each grid level when price rises and buying each grid level when price falls. In short, profit is made only if price moves somewhere and then returns to the initial point. But there would be a disaster if price kept trending in one direction for a long time.
  • #26
  • Edited 8:51am Mar 2, 2019 7:40am | Edited 8:51am
Quoting spyderman
{quote} Wouldn't the sells be -60 (sell 1 -40, sell 2 -20)
That is what I get. There is no free lunch, not sure what hedging ever accomplishes really, at some point you have to pick a direction at why not just enter long or short at that point. What do all the previous hedges accomplish?

I have an open mind though so happy to have what I am missing expalined.

Cheers
  • #27
  • Edited 8:12am Mar 2, 2019 7:40am | Edited 8:12am
Quoting lghr
Hi, MichaelSch. Maybe my understand is not correct. The tool blown account at end. {file}
I said this in the first post, do not trade without give minimum one minute to think about lot size!!! If you have for each position 1% or say 0.5% you have too much invest for one trade.
We must keep stay in market if we get some fast moves without retrace much to get out of negative trades. After hundreds of pips price is going against us, we need not much to kill loosing trades and be in profit overall.

ALL COMES TO THE POINT PICK A CLEVER LOTSIZE! I have said it, please read careful the first post.

Please stay away to post further EAs here, because EA can never handle as we as human can.
Perfection is the enemy of good enough!
  • #28
  • Mar 2, 2019 7:44am Mar 2, 2019 7:44am
Quoting SunSaltwater
{quote} That is what I get. There is no free lunch, not sure what hedging ever accomplishes really, at some point you have to pick a direction at why not just enter long or short at that point. What do all the previous hedges accomplish? I have an open mind though so happy to have what I am missing expalined. Cheers, Ray
No, you can not pick the direction, market will do that. You can only look at chart and nothing you can change on it. Can you chanǵe any candle? No you can not doing it.
Perfection is the enemy of good enough!
  • #29
  • Mar 2, 2019 7:45am Mar 2, 2019 7:45am
Quoting spyderman
{quote} Wouldn't the sells be -60 (sell 1 -40, sell 2 -20)
Yes you are right, i will make it right in post.
Perfection is the enemy of good enough!
  • #30
  • Mar 2, 2019 7:54am Mar 2, 2019 7:54am
I don't understand. Can you use pictures to illustrates your explanation pls?
  • #31
  • Mar 2, 2019 7:54am Mar 2, 2019 7:54am
Quoting hapanoy
[quote = lghr; 12068355] Oi, MichaelSch. Talvez meu entendimento não esteja correto. A conta soprada da ferramenta no final. {file} [/ quote] hi lghr, could take a look at this post? option close signal reverse or continue https://www.forexfactory.com/showthr...22#post8907422
Keep focus to what is this thread about and please do not post links what nothing to do with my system, please.
Perfection is the enemy of good enough!
  • #32
  • Mar 2, 2019 8:01am Mar 2, 2019 8:01am
Quoting menek
I don't understand. Can you use pictures to illustrates your explanation pls?
Nearly all is said, and a picture will not change it. I have buy and sell order above and under price action. I have every 20 Pips TP and take lossing trades out,
IF I HAVE BUILD THE PROFIT FOR IT.
Example: I have trade good the last weeks and have make 600 Pips plus, i can close for sure some loosing trades, WITHOUT going overall in negative. I post a link to my results.

Here is picture from my lines ...

Attached Image (click to enlarge)
Click to Enlarge Name: snapshot-1-1.png Size: 82 KB
Perfection is the enemy of good enough!
  • #33
  • Edited 8:50am Mar 2, 2019 8:33am | Edited 8:50am
It’s not about another picture(s).

Perhaps go back to the calculation post where there was a comment made about Trade 1 being -40 so net result was breakeven. That is kind of what happens with hedging, no?

Cheers
  • #34
  • Mar 2, 2019 8:47am Mar 2, 2019 8:47am
Attached Image (click to enlarge)
Click to Enlarge Name: snapshot-1-2.png Size: 76 KB
Perfection is the enemy of good enough!
  • #35
  • Mar 2, 2019 8:52am Mar 2, 2019 8:52am
Quoting SunSaltwater
{quote} It’s not about another picture(s). Perhaps go back to the calculation post where there was a comment made about Trade 1 being -40 so net result was breakeven. That is kind of what happens with hedging, no? Cheers, Ray
I would have breakeven, if i close all position at one time, but market move further and i have position open to the point, i have that trades in TP or can close it in loss, IF I HAVE THE PROFIT BUILD FOR IT. How often i wrote it yet?
Seems it is not easy to understand.

Please wait for market open and test this for several weeks.
Perfection is the enemy of good enough!
  • #36
  • Mar 2, 2019 9:03am Mar 2, 2019 9:03am
Quoting MichaelSch
{image}
I get long +140, last long -20, shorts -120, Net 0.
  • #37
  • Mar 2, 2019 9:05am Mar 2, 2019 9:05am
See result from first post.
Weekly results are:

TP = 340 Pips
Loss = 180 Pips
Running trades = +5 and -9

if i have closed all at friday, i would have a profit from around 156 Pips
Perfection is the enemy of good enough!
  • #38
  • Mar 2, 2019 9:05am Mar 2, 2019 9:05am
Quoting SunSaltwater
{quote} I get long +140, last long -20, shorts -120, Net 0.
I think you do not get it, please reread first post.
Perfection is the enemy of good enough!
  • #39
  • Mar 2, 2019 9:06am Mar 2, 2019 9:06am
Quoting MichaelSch
{quote} I would have breakeven, if i close all position at one time, but market move further and i have position open to the point, i have that trades in TP or can close it in loss, IF I HAVE THE PROFIT BUILD FOR IT. How often i wrote it yet? Seems it is not easy to understand. Please wait for market open and test this for several weeks.
Sorry, yes don’t understand. Thank you for your time though.

Cheers.
  • #40
  • Mar 2, 2019 9:08am Mar 2, 2019 9:08am
Quoting SunSaltwater
{quote} Sorry, yes don’t understand. Thank you for your time though. Cheers.
No matter, please go the explanations again.
Perfection is the enemy of good enough!
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