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

  • #281
  • Apr 5, 2023 6:21pm Apr 5, 2023 6:21pm
Hi Michael, thanks for sharing both strategies, I have a question. What could be the worst scenario? using the second strategy.
  • #282
  • Apr 6, 2023 1:53am Apr 6, 2023 1:53am
Quoting Peluq
Hi Michael, thanks for sharing both strategies, I have a question. What could be the worst scenario? using the second strategy.
What you mean? In second version I cut build further stages after I have 5 trades in every direction. Means if we can not get in profit, we are in a great range. I take the loss and build a new grid. Simulate it, it is not often, not 50 percent work, 50 percent not. How many in row worked yet well?
Perfection is the enemy of good enough!
  • #283
  • Apr 6, 2023 5:03am Apr 6, 2023 5:03am
Quoting MichaelSch
{quote} I do not get what you ask. For more clarification. I open a buy AND a sell order immediately with market order. It is through the nature that i trigger both short behind, we have a small distance. Not relevant by such a large grid. After that i double the next step in space what the atr 14 daily told me. In last grid it is 102 pips. So New order is 102 pips in both direction. Over the intial buy order i place a new one in 102 pips. For the short order i place a new order 102 pips under the initial order. That make i max 4 times, so we have...
Hi Michael, nice idea from you... I'm curious where you will get with this. Just one point: I also wonder why you open right at the beginning of the grid one buy and one sell trade, since you pay only spread, but the trades don't add value to the profit at the end.... You could just start the grid without buy and sell and start your first trade at the first level up or down.... Hope you understand what I suggest...

Anyway, wish you all the best with this approach
  • #284
  • Edited 5:41am Apr 6, 2023 5:15am | Edited 5:41am
Quoting kleybenny
{quote} Hi Michael, nice idea from you... I'm curious where you will get with this. Just one point: I also wonder why you open right at the beginning of the grid one buy and one sell trade, since you pay only spread, but the trades don't add value to the profit at the end.... You could just start the grid without buy and sell and start your first trade at the first level up or down.... Hope you understand what I suggest... Anyway, wish you all the best with this approach
I start with buy and sell through market order. Now we must wait that price move one stage more as in the other direction. I post now enough grids, seems you do not get it right? All grids was green with spread costs. Please before post again, read carefull!
The first trade add to the other ones who also in positiv and eliminate the first trade who are for nature of this are in loss.

Edit: If we can operate SL as given before, we cut the first negative trade also and the first positive trade runs with the rest positiv in profit.
Perfection is the enemy of good enough!
  • #285
  • Apr 6, 2023 5:32am Apr 6, 2023 5:32am
Wow, what a harsh answer... only wanted to help you. I understand very well what you are doing. It’s no rocketsience by the way… I only don’t get the point, what you get from the first 2 trades. Your profit comes always from the last trades and never from the first two. Or do I understand something wrong? What is the sense behind: -2 +2 +1? In the end you could have just take the last one and get +1 and you will save the spread of the first two… but anyway, good luck. Will not post again.
  • #286
  • Apr 6, 2023 10:40am Apr 6, 2023 10:40am
Quoting kleybenny
Wow, what a harsh answer... only wanted to help you. I understand very well what you are doing. It’s no rocketsience by the way… I only don’t get the point, what you get from the first 2 trades. Your profit comes always from the last trades and never from the first two. Or do I understand something wrong? What is the sense behind: -2 +2 +1? In the end you could have just take the last one and get +1 and you will save the spread of the first two… but anyway, good luck. Will not post again.
You get it not full. If i am with say 0.1 - 0.2 inpositive and it run further, i cut the first negative opt and let all positiv run further all the way if my sl will cutt all out in profit.the first postion can run if price went good far more as the first negative one. Not really complicate. What make it sense to position trade above or under actual price? Meanwhile i am in a positive trade aswell.
Perfection is the enemy of good enough!
  • #287
  • Apr 8, 2023 8:01pm Apr 8, 2023 8:01pm
Makes absolutely sense, if you cut the losses on some stage, as you mentioned. I was just speaking about your approach in the beginning with purely open and close all when sum is in profit. But I see, you developing this further... Now in understand. Thanks.
  • #288
  • Jul 30, 2023 2:18am Jul 30, 2023 2:18am
I would like to present my idea, which is not very different from your ideas, which is to open two deals, buying and selling, and in the event of a rise in the price after 100 points, we place the take profit to buy, then we open a deal to buy twice the first deal and a deal to sell with the same lot in the first deal, and if the price goes up another 100 points, we take the purchase profit and open Buy double the second purchase and open selling in the same lot as the first, and so on whenever the price goes up and if the price reverses we do the same as we did from the beginning we open buying and selling and we basically have sales deals that have not been closed yet and whenever the price goes down we double the sale and we open a purchase like the last purchase with us and we take the profit of the first sale And the last, whenever the price falls in this way, there will be no loss except for the value of the spread difference only, and we will get profits if the price goes up or down, and at the same time we maintain the rule of buying from the bottom and selling from the top. Use google translate
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  • #289
  • Jul 30, 2023 4:02am Jul 30, 2023 4:02am
A picture is a thousand words. This is another example of gold in the same way
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  • #290
  • Jul 30, 2023 8:31am Jul 30, 2023 8:31am
Why you dont add this EA such thing.İF lot difference between type orders ,to open reverse orders with some lot
  • #291
  • Edited 10:38am Jul 30, 2023 10:10am | Edited 10:38am
Quoting ahmedenegm
A picture is a thousand words. This is another example of gold in the same way {image}
When do you close everything and restart all over again?
Because you cannot keep opening bigger and bigger lot sizes.

I think when price reverses you will get more flouting losses than profit.
Can you show some calculations because I think your logic will not work
  • #292
  • Jul 30, 2023 1:47pm Jul 30, 2023 1:47pm
Look at the picture of gold and imagine that you always open two deals, buying and selling. If the price goes up, you take the profit of the purchase and open another at the same moment with another selling order in order to keep with you always buying and selling alike. All orders will not be closed. They are always with you to get their profits in a timely manner. Your account is growing
Think, imagine, calculate and try this on a demo account. Experience is the best evidence
  • #293
  • Last Post: Jul 30, 2023 3:44pm Jul 30, 2023 3:44pm
Quoting ahmedenegm
Look at the picture of gold and imagine that you always open two deals, buying and selling. If the price goes up, you take the profit of the purchase and open another at the same moment with another selling order in order to keep with you always buying and selling alike. All orders will not be closed. They are always with you to get their profits in a timely manner. Your account is growing Think, imagine, calculate and try this on a demo account. Experience is the best evidence
I did a quick excel calculation and the floating losses are greather than profit.

do this example:
Green are realized profit.
Yellow are floating losses.
grid 1) B1(0.01) + S1(0.01)
grid 2) B1(0.01)TP + B2(0.02) + S2(0.01)
Grid 3) B2(0.02)TP + B3(0.04) + S3(0.01)
Grid 4) B3(0.04)TP + B4(0.08) + S4(0.01)
Grid 3) B5(0.08) S4(0.01) + S5(0.02) ← price retraces from Grid 4 to Grid 3

When price retrace from grid 4 to grid 3 the floating losses > than realized profit.
So, how are you making money?
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