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Matrix Grid Trading Community Edition

Quoting cyd09
{quote} with default settings?
I will use the following settings. Mainly default apart from disabling the CTT indicator and using 0.03 for the lot size.
Attached Image
Quoting TheDirtySerb
{quote} Just curious what you've based entries on if CTT-False. Long term trend or something manual? Good luck in your live trade. I'm still on demo because I need more time and data. So far the last two weeks have worked well, but I want to see how it reacts to all major news events. NFP=check, SNB dropping the peg bomb=check, ECB printing more money (QE)=?tbd.
I think GT mentioned earlier that if you disable the external community trend (CTT=false) the EA uses the local trend to open trades. Don't ask me how it works but during testing I found the local trend is sufficient and gives excellent returns. The performance during this week using two pairs with 0.1 lot is shown in my earlier post.
Hé hé big moves on EURUSD but with 0.02 lots it's good
Quoting Justin
{quote} I am with an Australian Broker using 1:500 leverage. I made a worst case scenario if all the 4 pairs went against me up to level 13, the total lot size will be at 1.56 which should be fine on a 5K account.
Watch out for change in margin cost due to recent swiss franc rise. I know my broker changed CHF pairs margin significantly. Always good to check before moving forward. Good luck to you!
insanity: Doing the same thing over... and expecting different results -AE
Bummer.
My cent account blew, SL sure comes in handy.
I only got one trade open (Buy) and although there were several retraces that another Buy could have used, I didn't get anything.
EU, default settings.
Quoting Reamasesa
Bummer. My cent account blew, SL sure comes in handy. I only got one trade open (Buy) and although there were several retraces that another Buy could have used, I didn't get anything. EU, default settings.
how many cent?how many lots setting?
Quoting Reamasesa
Bummer. My cent account blew, SL sure comes in handy. I only got one trade open (Buy) and although there were several retraces that another Buy could have used, I didn't get anything. EU, default settings.
You must change the lot parameter due to your account balance, If your account balance is 1000 cent don't trade with 0.1 lot!
Also days like today(QE) isn't for trade!
Without an edge MM is useless!
Quoting armyda
{quote} how many cent?how many lots setting?
Who in the right frame of mind will keep the ea on before and after announcement of ecb qe knowing that its going make the market swing like market?
I realize that max trades open till now in one pair is 6 trades in same direction . version 1.1 default settings.
EA still showing EU in uptrend! don't trade EU at least for today.
Without an edge MM is useless!
Quoting afhacker
EA still showing EU in uptrend! don't trade EU at least for today.
my day trading in buy E\U real account 1000 euros

3 times with 6 trades from 0,02 until 0,10 and good exit with gain at the end for every time
now 5 trades opened from 0,02 until for now 0,04

my setting;
10
10
0,02
1,3
1.5
false
false
10

the key is the TP dinamic ....... he's go down 30 pips for step
PLEASE is TIME TO SHOW yours setting so is possible correct wrong setting in order to save the rookies
Quoting afhacker
{quote} You must change the lot parameter due to your account balance, If your account balance is 1000 cent don't trade with 0.1 lot! Also days like today(QE) isn't for trade!
My Cent broker doesn't allow less then 0.1 per trade was a bit more then $1000, enough for 2-3 0.1 trades.
Didn't open more then 1 trade.

And today was good for other EAs so why stop trading? MGTCE thinks the trend is up so only opens buy trades other EAs already switched to sell.
Quoting armyda
PLEASE is TIME TO SHOW yours setting so is possible correct wrong setting in order to save the rookies
Just change lot to 0.01 and Auto Initial to True.
Without an edge MM is useless!
Several days ago I said we need possibility to stop trading before news and possibility to choose BUY only or SELL only.
I hope nobody was in live with this down of 200 pips maybe more
Sadly, it"s jut an avarage grid EA. :/ But, at first it worked fantastic!

But let's wait, it's just a demo...
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I need to admire, that is true that in the begining everything looked good. But this week showed, that it isnt as beautifull as i thought. Lost few $ on reall, and now i'm watching "battle in the middle of the trends".
look at this safe again
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Losing of money today wasn't fault of EA! Most of the trader knew that today EU will go down but because of some correction before QE the EA showed uptrend for EU.
Now it's showing 50% downtrend for EU.
Without an edge MM is useless!
The news come out when I sleep and now i get stuck in the trend. Hope it will make a comeback
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