When trading a successful grid system EA, it is important to consider the timeframe (I prefer H1), the grid spacing, and the TP and SL. These variables can dramatically affect the long term profitability.
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if there was an ability to put a unique comment for each ea we run for tracing the results, we could try different time frames for just one pair and see which tf is better
{quote} if there was an ability to put a unique comment for each ea we run for tracing the results, we could try different time frames for just one pair and see which tf is better
I will do some demo testing and share results whenever I can, you recommend starting with 10k or can be 1k?
What pairs do you recommend?
Do you follow any NoNonSenseFX methods with the EA?
.
cheers
Hello, I will do some demo testing and share results whenever I can, you recommend starting with 10k or can be 1k? What pairs do you recommend? Do you follow any NoNonSenseFX methods with the EA? . cheers
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Nothing to do with NoNonsenseFX methods. Do some backtesting to determine what account size you need. 1k for one pair starting 0.01 with high leverage.
{quote} have you tried it yet? my is running on vps
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yes I have.
MQ5 vps live account refused to upload it, some error message about dll file.
In testing, file did very well.
Did try on my laptop, but don't have time to baby sit, was watching it for an hour or so, than just closed order with few cents loss, no big deal.
Wish I could run it for a week on vps, that would give me much better feeling about it.
{quote} yes I have. MQ5 vps live account refused to upload it, some error message about dll file. In testing, file did very well. Did try on my laptop, but don't have time to baby sit, was watching it for an hour or so, than just closed order with few cents loss, no big deal. Wish I could run it for a week on vps, that would give me much better feeling about it.
2 totally different files. 1st file testing went very well. AUDUSD, 15 min chart, profit $1167.07 {image} 2nd file testing, same currency, time frame, acted just like regular grid ea, wiped out account. Loss of 191.54 {image}
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got a bug. try this one. Download the no DLL EA from post 1.
no good, bankruptcy.
at the end all the positions got closed, as usual with grid system, leads to account depletion.
try to eliminate losses earlier, if ea could pick up the trend, than eliminate losses that go against trend.
I am not programmer, not sure if that's visible.
good luck
no good, bankruptcy. at the end all the positions got closed, as usual with grid system, leads to account depletion. try to eliminate losses earlier, if ea could pick up the trend, than eliminate losses that go against trend. I am not programmer, not sure if that's visible. good luck
here we go, just to mention that file wouldn't run test on real account this time, so I used demo account. earlier file I removed, so had to download latest one.
I used $200 as account balance, it's more realistic than $10000.
loss of $165
The file with dll is not bad, if you could eliminate loss in early stage, and prevent ea from pilling up more of the same. as soon as you close one order manually, ea opens 2 orders , buy and sell.
good luck!
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here we go, just to mention that file wouldn't run test on real account this time, so I used demo account. earlier file I removed, so had to download latest one. I used $200 as account balance, it's more realistic than $10000. loss of $165 The file with dll is not bad, if you could eliminate loss in early stage, and prevent ea from pilling up more of the same. as soon as you close one order manually, ea opens 2 orders , buy and sell. good luck! {image}{image}{image}
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Grid EA is not designed to use for small account. You must have at lease 1k and high leverage.
Most Forex Traders lose money. I know I had. If you can afford to lose $2.5k, you could have got 60% return so far this year by just trading EURUSD only.
