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Trapping System: Grid

  • #181
  • Jun 10, 2015 9:41am Jun 10, 2015 9:41am
Quoting shaan
I have noticed that if you start your EA at S/R areas, you will have more chance of trapping the price.
yeah, so obvious but i did not think of that. Nice tip, thanks
  • #182
  • Edited 11:50am Jun 10, 2015 11:13am | Edited 11:50am
Radityo,
I also run GT500.set but I wonder why the result is so much different from yours?
Run it on tickmill too.. well maybe a bit different is okay (maybe VPS thingy) but it's too different..
I compared it on daily (today) so it should be not too much different..

For example see today result :
My GT500
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 15 KB


and Radityo's GT500:
Attached Image (click to enlarge)
Click to Enlarge Name: Image2.png Size: 94 KB



here's the setting I use:
Attached Image (click to enlarge)
Click to Enlarge Name: Image3.png Size: 29 KB



hmm what's caused this?any wrong settings from yours?
  • #183
  • Jun 10, 2015 1:20pm Jun 10, 2015 1:20pm
Just giving my feedback my todays 12 hours forward tests on my 2 demo accounts. Tested 2 versions set files:
Time Frame 5M, GMT+3, average spread 0.5, started 2 hours before London opening. My set files under the test

GT500 v.1, Limit Orders:

DateTimeType=0
DailyStartTime=08:00:00
DailyStopTime=23:59:00
StopTimeMode=1
OpenType=2
OrderOperation=1
OrderCountPerSide=4
RecreationCountPerSide=2
LimitOrdersCount=1
RecreationThreshold=150
GridStepPoints=75
CurrentPriceInterval=75
MagicNumber=8888
InitialLotsType=0
InitialLots=0.3
InitialLotsMult=0.0001
CommentInfo=
ProfitTakingMode=0
TargetProfitDynamicBase=0
TargetType=0
TargetProfit=15.0
TargetProfitMult=0.004
CloseType=2
CloseMode=0
CountRunningCloseEA=0
CheckIsCorrupted=false

GT500 v.2, Stop Orders
DateTimeType=0
DailyStartTime=08:00:00
DailyStopTime=23:59:00
StopTimeMode=1
OpenType=2
OrderOperation=0
OrderCountPerSide=4
RecreationCountPerSide=2
LimitOrdersCount=1
RecreationThreshold=140
GridStepPoints=70
CurrentPriceInterval=70
MagicNumber=8888
InitialLotsType=0
InitialLots=0.3
InitialLotsMult=0.0001
CommentInfo=
ProfitTakingMode=0
TargetProfitDynamicBase=0
TargetType=0
TargetProfit=10.0
TargetProfitMult=0.004
CloseType=2
CloseMode=0
CountRunningCloseEA=0
CheckIsCorrupted=false
My result. Set file GT500 v.1 did not survive. GT500 v.2 seems totally different, never noticed any kind of problems. After 12 hours account grows from 400 to 650,

Andres
  • #184
  • Jun 10, 2015 6:23pm Jun 10, 2015 6:23pm
I have been toying with the gt500 setting for the past one day. I also got negative result on the settings.

SLianto, I see your target profit set to dynamic balance. So your target profit (in dollars and cents) is around 550*.01= $5.50. And I notice that the lots you traded is 2.85. Very high indeed. Only very small pip movement is needed to close the cycle as target profit is very small as high lot setting.

So when the target profit is met, the robot will start to close the trades. The time between closing the trades can last a second to two but in this time, the price continue to swing which can easily cause loss (instead of profit) to the cycle close.

To avoid this situation, try setting the lot size to smaller value. Maybe using fixed lot size at 0.03.
  • #185
  • Jun 10, 2015 11:39pm Jun 10, 2015 11:39pm
Quoting flowerhorn
I have been toying with the gt500 setting for the past one day. I also got negative result on the settings. SLianto, I see your target profit set to dynamic balance. So your target profit (in dollars and cents) is around 550*.01= $5.50. And I notice that the lots you traded is 2.85. Very high indeed. Only very small pip movement is needed to close the cycle as target profit is very small as high lot setting. So when the target profit is met, the robot will start to close the trades. The time between closing the trades can last a second to two but...
Hi flower,
I didnt use 2.85 lot size on my GT500. I use dynamic and it was open 0.02 lot per trade. (please see my screenshot at post#182)
I just load the original GT500 file attached and did not change anything..

NOTE:
if you see on my 1st pic on post #182 there's 2.85 lots?, that's the total lots opened all time/week/month/year.
see daily opened lot total only 0.88 means it opened 0.02 lots x 44 trades on a day...
  • #186
  • Jun 11, 2015 12:17am Jun 11, 2015 12:17am
Hi Silanto, your OrderCountPerside=100, means your total number 1 00 + 100 = 200 ! Try 10 times lower figure like 4...10 per side.
Andres
  • #187
  • Jun 11, 2015 1:38am Jun 11, 2015 1:38am
Oops, sorry for my mistake
Well, if lots of orders being order contributes to the loss of the trades.Maybe you can limit the number of opening order to a smaller number (as Andres pointed out) and also to increase the target profit to ahigher value.
  • #188
  • Jun 11, 2015 2:52am Jun 11, 2015 2:52am
Quoting flowerhorn
I have been toying with the gt500 setting for the past one day. I also got negative result on the settings. SLianto, I see your target profit set to dynamic balance. So your target profit (in dollars and cents) is around 550*.01= $5.50. And I notice that the lots you traded is 2.85. Very high indeed. Only very small pip movement is needed to close the cycle as target profit is very small as high lot setting. So when the target profit is met, the robot will start to close the trades. The time between closing the trades can last a second to two but...
I think price is more likely to be trapped with buy stop orders rather than limit orders unless it is a retracement on a higher time frame. Please check your charts for support resistance levels and see the state of market on higher time frames whether it is trending or in consolidation.
Also very important is your trade size in comparison to your balance and also the spacing of grid in relation to your balance and trade size.
If you have the right size with adequate balance price is trapped sooner or later with buy stop orders. You have to be patient.
Regards and best of luck
  • #189
  • Jun 11, 2015 2:57am Jun 11, 2015 2:57am
Quoting slianto
{quote} Hi flower, I didnt use 2.85 lot size on my GT500. I use dynamic and it was open 0.02 lot per trade. (please see my screenshot at post#182) I just load the original GT500 file attached and did not change anything.. NOTE: if you see on my 1st pic on post #182 there's 2.85 lots?, that's the total lots opened all time/week/month/year. see daily opened lot total only 0.88 means it opened 0.02 lots x 44 trades on a day...
I also noticed the same in my demos.
Is it a bug in the EA? Perhaps radityo.ardi can shed some more light on it.
  • #190
  • Jun 11, 2015 3:14am Jun 11, 2015 3:14am
Quoting shaan
{quote} I also noticed the same in my demos. Is it a bug in the EA? Perhaps radityo.ardi can shed some more light on it.
Hey guys,
I started my experiment with gt500 yesterday. I loaded the default file, 1000$ account with 1:600 leverage, Exness broker demo.
So far, it is trading .1 lot... It looks like i will have to force smaller lots because this is a little too risky imo.
Best, Josh
  • #191
  • Jun 11, 2015 3:43am Jun 11, 2015 3:43am
Hi, I continue as well my forward testing and today after 3 hours I am from 660 up at 703 level now, steady groth, no problems. This account starts yesterday from USD400, will see how is going today.
Andres
  • #192
  • Jun 11, 2015 3:57am Jun 11, 2015 3:57am
Quoting andres11617
Hi, I continue as well my forward testing and today after 3 hours I am from 660 up at 703 level now, steady groth, no problems. This account starts yesterday from USD400, will see how is going today. Andres
I will start a demo with your GT500 v2 as well to sidetest. :-)
Best, Josh
  • #193
  • Jun 11, 2015 4:28am Jun 11, 2015 4:28am
Hi Josh, very good, use time frame M5, then is excactly the same mode, I am at 710USD now stady growing
Regards,
Andres
  • #194
  • Jun 11, 2015 4:40am Jun 11, 2015 4:40am
Hi Radityo,

Thanks a heap for sharing your EA. On most accounts, anything reaping $$$ would not usually be shared without a catch but a round of applause to you

Small request, could you share the set files you use along with specifics of the accounts in which your EA is trading within? Along with the pairs obviously. Tried a couple of demos with your EA but they bunked with EU and GU.

Do you perform some sort of an analysis to decide whether a given pair is trending etc. to decide on whether to use stop or limit orders?

Thanking You,
Zz
  • #195
  • Jun 11, 2015 6:23am Jun 11, 2015 6:23am
andres can you comment on any drawdown? do you have any open trades negative

Quoting andres11617
Hi Josh, very good, use time frame M5, then is excactly the same mode, I am at 710USD now stady growing Regards, Andres
  • #196
  • Jun 11, 2015 7:37am Jun 11, 2015 7:37am
Radityo,
(or anyone else who may know...)

Could you please explain the different Close Type settings / exactly how the EA knows when to close orders?

Many thanks,
ytrader07
  • #197
  • Jun 11, 2015 8:24am Jun 11, 2015 8:24am
Quoting blamshakk
andres can you comment on any drawdown? do you have any open trades negative {quote}
Hi blamshakk, currently I am up at level 880, grouth is 220$ since morning and I dobbled my account since yesterday morning (400). Profit actually per trade average 1-6 $ and some times more. During big volatile period there can be 5 open buy/sell trades in the basket and all baskets closed in profit. Only 3 loss trades total -5.7$ all others abt 50 are in profit.
  • #198
  • Jun 11, 2015 8:47am Jun 11, 2015 8:47am
wow ok thanks will set this system up as soon as i get home. do you recommend friday trading

Quoting andres11617
{quote} Hi blamshakk, currently I am up at level 880, grouth is 220$ since morning and I dobbled my account since yesterday morning (400). Profit actually per trade average 1-6 $ and some times more. During big volatile period there can be 5 open buy/sell trades in the basket and all baskets closed in profit. Only 3 loss trades total -5.7$ all others abt 50 are in profit.
  • #199
  • Jun 11, 2015 9:16am Jun 11, 2015 9:16am
Quoting blamshakk
wow ok thanks will set this system up as soon as i get home. do you recommend friday trading {quote}
Please try the same settings 5M TF, only EURUSD, GT500 v.2, low spread. Friday is good time to test how this masterpiece will survive. I am on business trip on Friday and I can check my account in the evning after arrival and will let you know then.
Andres
  • #200
  • Jun 11, 2015 10:06am Jun 11, 2015 10:06am
Quoting andres11617
{quote} Please try the same settings 5M TF, only EURUSD, GT500 v.2, low spread.
Hi!

GridStepPoints=70 is it 7 pips on a 5 digit broker ??
Just wondering because thats a huge grid step. No trades for me with this settings. :o

could u post your current setfile please?
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