Matrix Grid Trading Community Edition | Page 39 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

IntelliJ IDEA Community Edition with MQL 4 replies

Max Draw Down EA from Matrix Grid Thread 22 replies

Matrix grid community 0 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Attachments: Matrix Grid Trading Community Edition
Exit Attachments

Matrix Grid Trading Community Edition

  • #761
  • Jan 22, 2015 5:20pm Jan 22, 2015 5:20pm
Quoting armyda
{quote} 1.3161?
1.13161
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDMonthly.png Size: 59 KB
Chasing The Dream...
  • #762
  • Jan 22, 2015 8:36pm Jan 22, 2015 8:36pm
Quoting Sekhbet
{quote} 1.13161 {image}
Yeah. This will be the point that decide a take up and go down more for this pair. Personally, I prefer a back up to recover my loss from today.
  • #763
  • Jan 22, 2015 9:23pm Jan 22, 2015 9:23pm
Quoting xilatleo
{quote} Yeah. This will be the point that decide a take up and go down more for this pair. Personally, I prefer a back up to recover my loss from today.
Word of advice cut ur losses while u can, the price action is very weird theres not much retracement for buys to recover. That means its heading a long way down again.
  • #764
  • Jan 22, 2015 10:03pm Jan 22, 2015 10:03pm
Quoting Sekhbet
{quote} Only trade EURUSD presently. Stopped live after errors noticed following CHF shock... I have multiple. None default. Googletrader testing that currently Try a 1 month optimization using ver 1.0 Community trend off pick you favorites run them forward on ver 1.1 with community trend involved Some of mine... 3000 USD step 15 TP 10 Trend 10 lot 0.01 multi 1.5 No Auto Min 10,000 usd ver 1.0 step 2 TP 5 Trend 1 lot 0.01 multi 1.5 No Auto 1,000,000 USD step 4 TP 3 Trend 1 lot 10 multi 1.5 No Auto 3000 USD step 11 TP 12 Trend 10 lot 0.03 multi 1.0...

Thanks ,

i will try diff setting
  • #765
  • Jan 22, 2015 10:30pm Jan 22, 2015 10:30pm
hello again dear friends
take a look to my $1000 account
0.1 lot risk for each trade (aggressive method) on 3 pairs: EURUSD,USDJPY,GBPUSD
this robot is very powerful, it is like a miracle can change your losing balance to winning balance in a few hours...
THANKS AGAIN DEAR GOOGLETRADER AND CONTINUE YOUR EXCELLENT WORK
Attached Image (click to enlarge)
Click to Enlarge Name: 1000.jpg Size: 741 KB
  • #766
  • Jan 22, 2015 11:22pm Jan 22, 2015 11:22pm
Grid trading can be very, very profitable. BUT, you need to make your own adjustments and trade with caution.

I'm not using the trend detection, but instead i determine the direction myself based on other criterias.

Happy trading guys.
Attached Image (click to enlarge)
Click to Enlarge Name: Result.png Size: 122 KB
Not about how much you win, but how much you loose
  • #767
  • Jan 22, 2015 11:24pm Jan 22, 2015 11:24pm
Quoting Ullen
.... but instead i determine the direction myself based on other criterias. Happy trading guys
How do you choose the direction on the EA ?
  • #768
  • Jan 22, 2015 11:28pm Jan 22, 2015 11:28pm
Quoting madscalp
{quote} How do you choose the direction on the EA ?
You must know what's going on in market!
Without an edge MM is useless!
  • #769
  • Jan 22, 2015 11:31pm Jan 22, 2015 11:31pm
Quoting afhacker
{quote} You must know what's going on in market!
I understand but how do you set the EA to go with the market
  • #770
  • Jan 22, 2015 11:33pm Jan 22, 2015 11:33pm
Quoting madscalp
{quote} How do you choose the direction on the EA ?
I have done a lot of research in market movements, and i know when to trade, and what direction.

Learning about market structure is essential if you want succes in forex.
Not about how much you win, but how much you loose
  • #771
  • Jan 22, 2015 11:38pm Jan 22, 2015 11:38pm
Quoting madscalp
{quote} I understand but how do you set the EA to go with the market
You can select your position type(Long only, short only or both) on EA settings.
Yesterday wasn't a good day for trading with EAs.
Without an edge MM is useless!
  • #772
  • Jan 22, 2015 11:42pm Jan 22, 2015 11:42pm
Quoting afhacker
{quote} You can select your position type(Long only, short only or both) on EA settings. Yesterday wasn't a good day for trading with EAs.
Very good for me
Not about how much you win, but how much you loose
  • #773
  • Jan 23, 2015 12:13am Jan 23, 2015 12:13am
Quoting Ullen
{quote} Very good for me
what contribute give you to this chat?
bah....
  • #774
  • Jan 23, 2015 12:48am Jan 23, 2015 12:48am
Quoting armyda
{quote} what contribute give you to this chat? bah....
Just proving that grid works
Not about how much you win, but how much you loose
  • #775
  • Jan 23, 2015 12:55am Jan 23, 2015 12:55am
Quoting Ullen
Grid trading can be very, very profitable. BUT, you need to make your own adjustments and trade with caution. I'm not using the trend detection, but instead i determine the direction myself based on other criterias. Happy trading guys. {image}

AWESOME!!!

Can you elaborate?
Chasing The Dream...
  • #776
  • Jan 23, 2015 1:01am Jan 23, 2015 1:01am
Quoting xilatleo
{quote} Yeah. This will be the point that decide a take up and go down more for this pair. Personally, I prefer a back up to recover my loss from today.

Are you still in?
Chasing The Dream...
  • #777
  • Jan 23, 2015 1:04am Jan 23, 2015 1:04am
Quoting Sekhbet
{quote} AWESOME!!! Can you elaborate?
Well alot can be read from the big picture on h4 chart, u cant just blindly use community trend and expect a miracle to happen. What Ullen is trying to say is that with fairly good trading acumen and a grid system,you can be very profitable because most of the time you are trading with the trend. I will compare what i think of the market with the community trend, if i agree with it i will let it execute both long and short. If i do not agree with it, i will have to control the number of grid it uses and cut loss if required.

Take for example, if your account base wasnt sufficient and you traded 0.1 lots buys on a 1000 usd account on eur/usd , your account would have been dead by now.Instead take a more cautious approach and cut loss if required.
  • #778
  • Jan 23, 2015 1:41am Jan 23, 2015 1:41am
Quoting stevox
{quote} Well alot can be read from the big picture on h4 chart, u cant just blindly use community trend and expect a miracle to happen. What Ullen is trying to say is that with fairly good trading acumen and a grid system,you can be very profitable because most of the time you are trading with the trend. I will compare what i think of the market with the community trend, if i agree with it i will let it execute both long and short. If i do not agree with it, i will have to control the number of grid it uses and cut loss if required. Take for example,...

Thanks,

Well understood. I attempted to get this discussion going while back...

From the response, I understood that the community trend was to provide an edge above classic TA as well as the need to "think" about market structure, given your settings. If doing our own TA gives direction then the Community trend's value is in question. That's why ver 1.0 is being asked about so much.

I asked about risk management- 1 good response only

We are asked to forward test and share out best settings including broker. Most are using default and I think have missed the point. We are so excited about these gains that we are skipping the testing phase.

So like most auto systems. Human intervention is paramount
Chasing The Dream...
  • #779
  • Jan 23, 2015 1:57am Jan 23, 2015 1:57am
Quoting stevox
{quote} Well alot can be read from the big picture on h4 chart, u cant just blindly use community trend and expect a miracle to happen. What Ullen is trying to say is that with fairly good trading acumen and a grid system,you can be very profitable because most of the time you are trading with the trend. I will compare what i think of the market with the community trend, if i agree with it i will let it execute both long and short. If i do not agree with it, i will have to control the number of grid it uses and cut loss if required. Take for example,...
Yeah guys, you just have to do it before it's too late. I cut my losses and only loss some profit. This is only third day of trading. Still a lot of time to recover.

Attached Image (click to enlarge)
Click to Enlarge Name: cut_losses.PNG Size: 22 KB
insanity: Doing the same thing over... and expecting different results -AE
  • #780
  • Jan 23, 2015 1:59am Jan 23, 2015 1:59am
Quoting Sekhbet
{quote} Thanks, Well understood. I attempted to get this discussion going while back... From the response, I understood that the community trend was to provide an edge above classic TA as well as the need to "think" about market structure, given your settings. If doing our own TA gives direction then the Community trend's value is in question. That's why ver 1.0 is being asked about so much. I asked about risk management- 1 good response only We are asked to forward test and share out best settings including broker. Most are using default and I...
Matrix Grid is a great EA and it's trend trading is one of it's best features but days like yesterday while there is a big impact news don't trade or trade only in one direction, Such a big impact news like QE isn't for all the time so the Community trend is useful most of the time and you must know how to manage your risk and money.
Yesterday I earned huge amount of money because I managed my money and risk correctly and I wasn't sleep while QE announced.
Without an edge MM is useless!
2 traders viewing now