mGrid is good EA but Grid increment size to wide i want to set small grid increment size 
- #1,446
- Jan 15, 2014 6:50am Jan 15, 2014 6:50am
- Joined Oct 2008 | Status: aka Neal Vanderstelt | 2,902 Posts
are we still at 100% lol? 
Before Forex I was tall, and clean shaven. Now I am an Ewok.
- #1,457
- Edited 2:27pm May 2, 2014 2:16pm | Edited 2:27pm
Hi guys. I have an idea about this grid system. Maybe someone will code or set the Viper so it can be optimized.
Rules.
When Weekly candle opened we place 8 orders
4 buy limit and 4 sell limit;
0.03 lot sell limit TP 100 SL 20
0.02 lot sell limit TP 100 SL 30
0.01 lot sell limit TP 100 SL 40
0.01 lot sell limit TP 100 SL 50
Angle - 50 pips
Open Price Weekly
Angle - 50 pips
0.01 lot buy limit TP 100 SL 50
0.01 lot buy limit TP 100 SL 40
0.02 lot buy limit TP 100 SL 30
0.03 lot buy limit TP 100 SL 20
So what will we do if let say 4 orders in one way will get SL? Let say we have 1000$ and if 4 buy limit orders will get SL we lose 21$. Its just 2,1% of initial capital. And I'll ask you how can often this might be happen?
What do we have to do after 4 orders got SL?
At fourth order SL we place this grid again with 50 pips angel. At this point also we can use another rule if we have MORE than 1000$;
If we have no more than 1000$ we just stay in the same grid.
By another way...
If we took 4 lose we place new grid (again 8 orders) with another lot sizes(with 50 pips angel from 4-th lose trade SL). For example if 0.01-0.03 lots grid get lose we use this lot grid sheet:
0.04;
0.05;
0.07;
0.09. But with the same SL TP targets.
If the second grid will take loses, what we'll "gain" and have to do?
If the second sheet get loses, equity of loses = 5$+4$+6$+6$+20$+20$+21$+18$=100$ Its just 10% of initial capital. And I'll asking you again how often can you lose consecutively 8 trades?
we can continue this "losing trend"...if we trade let's say with 10000$.
Third grid:
0,3
0,4
0,6
0,8
Equity (if lose again) = 100$+150$+160$+180$+160$=750$ So what we have:
12 lose trade
750$ loss - 7,5% of 10000. Can you lose 12 trade consecutively?)) I don't think so.
You can ask what about profits)
Yes its less than this numbers. But my goal to lose max less, even we take little profits. But here must be EA. I have to get optimized TP;SL;Angel.
I think with this grid i'll gain more than getting lose. Because even i get 4 lose, i'll place another 8 order(4 Bl and 4 SL) with 50 pip angel which will gave me a good chance to get back what' gone.
Any ideas will appreciated
Rules.
When Weekly candle opened we place 8 orders
4 buy limit and 4 sell limit;
0.03 lot sell limit TP 100 SL 20
0.02 lot sell limit TP 100 SL 30
0.01 lot sell limit TP 100 SL 40
0.01 lot sell limit TP 100 SL 50
Angle - 50 pips
Open Price Weekly
Angle - 50 pips
0.01 lot buy limit TP 100 SL 50
0.01 lot buy limit TP 100 SL 40
0.02 lot buy limit TP 100 SL 30
0.03 lot buy limit TP 100 SL 20
So what will we do if let say 4 orders in one way will get SL? Let say we have 1000$ and if 4 buy limit orders will get SL we lose 21$. Its just 2,1% of initial capital. And I'll ask you how can often this might be happen?
What do we have to do after 4 orders got SL?
At fourth order SL we place this grid again with 50 pips angel. At this point also we can use another rule if we have MORE than 1000$;
If we have no more than 1000$ we just stay in the same grid.
By another way...
If we took 4 lose we place new grid (again 8 orders) with another lot sizes(with 50 pips angel from 4-th lose trade SL). For example if 0.01-0.03 lots grid get lose we use this lot grid sheet:
0.04;
0.05;
0.07;
0.09. But with the same SL TP targets.
If the second grid will take loses, what we'll "gain" and have to do?
If the second sheet get loses, equity of loses = 5$+4$+6$+6$+20$+20$+21$+18$=100$ Its just 10% of initial capital. And I'll asking you again how often can you lose consecutively 8 trades?
we can continue this "losing trend"...if we trade let's say with 10000$.
Third grid:
0,3
0,4
0,6
0,8
Equity (if lose again) = 100$+150$+160$+180$+160$=750$ So what we have:
12 lose trade
750$ loss - 7,5% of 10000. Can you lose 12 trade consecutively?)) I don't think so.
You can ask what about profits)
Yes its less than this numbers. But my goal to lose max less, even we take little profits. But here must be EA. I have to get optimized TP;SL;Angel.
I think with this grid i'll gain more than getting lose. Because even i get 4 lose, i'll place another 8 order(4 Bl and 4 SL) with 50 pip angel which will gave me a good chance to get back what' gone.
Any ideas will appreciated
Think like an investor, Act as a speculator. Ferid H.
