looking for an EA for this Amazing GRID | Forex Factory

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looking for an EA for this Amazing GRID

  • #1
  • First Post: Jun 16, 2014 4:20pm Jun 16, 2014 4:20pm
hi everyone
i was studying for long time a profitable grid to trade in the forex market.
i found the strategy in the link above and i really like the idea, it sound amazing, by the way i still need to improve it and mainly to backtest too.

Inserted Video


i tried to backtest with a real simulator , it seems to work but i need an ea to back test in a better way.
the main idea of this strategy is that price is for the most of the time in range , so we will earn in a range market and we 'll lose in a trend.

is there anybody interested to help creating an ea for this strategy?

thanks you very much in advance...
  • #2
  • Edited 3:35am Jun 17, 2014 3:23am | Edited 3:35am
Quoting Nepul
we will earn in a range market and we 'll lose in a trend
I watched the video, and sketched a few scenarios, that extended the number of steps illustrated by the presenter.

This system wins linearly in a ranging market, but loses exponentially in a trend, because ALL of the open positions on the wrong side of the trend grow bigger simultaneously. In other words, it's effectively a cleverly disguised type of uncapped martingale, that leaves the account exposed to potentially unlimited drawdown.

I'm not saying that an EA shouldn't be written. If you're comfortable putting your entire account potentially at risk, well, it's your money, your choice.
  • #3
  • Jun 17, 2014 3:32am Jun 17, 2014 3:32am
you're right hanover, but i used it in my manual simulation in a little different way...filtering when there is a high probability that a trend is starting and mainly closing all the positions when a target is reached so we dont have a endless grid, but more grid each day.
For example yesterday we used the grid and it ranging gave us 5-6 target, after it we stop the grid and we will build another grid in next day...and also we will have a max open position...
but now i need i really simple ea ...
  • #4
  • Jun 17, 2014 3:44am Jun 17, 2014 3:44am
Quoting Nepul
you're right hanover, but i used it in my manual simulation in a little different way...filtering when there is a high probability that a trend is starting and mainly closing all the positions when a target is reached so we dont have a endless grid, but more grid each day. For example yesterday we used the grid and it ranging gave us 5-6 target, after it we stop the grid and we will build another grid in next day...and also we will have a max open position... but now i need i really simple ea ...
OK, good luck. I hope you can find a programmer to help you.
  • #5
  • Jun 17, 2014 3:57pm Jun 17, 2014 3:57pm
Hi, please write me at [email protected], I made an EA before that works the same, but I did not used anymore becouse it needs like 1000$ for 0.01 lot trade to be safe. This is a contest in myfxbook I use that EA https://www.myfxbook.com/portfolio/c...epmoney/754704.

email me and then lets talk by skype. greetings.
  • #6
  • Last Post: Aug 5, 2014 4:32pm Aug 5, 2014 4:32pm
Quoting Nepul
hi everyone i was studying for long time a profitable grid to trade in the forex market. i found the strategy in the link above and i really like the idea, it sound amazing, by the way i still need to improve it and mainly to backtest too. https://www.youtube.com/watch?v=8jtWfmUVyWk i tried to backtest with a real simulator , it seems to work but i need an ea to back test in a better way. the main idea of this strategy is that price is for the most of the time in range , so we will earn in a range market and we 'll lose in a trend. is...
Did you find a programmer? Im running an EA like this in Demo mode. Im interested in improving this strategy, for example, trade at specific times/dates and grid auto balance
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