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Trapping System: Grid

Quoting lcouto
{quote} its live on xm.com {image}
this should be easy, no?
Your trade explorer is not allowed on your MetaTrader. The icon on the right upper side is sad. So, you should enable Expert Advisor checkbox.

http://forum.mql4.com/62033

Btw please be mindful of the settings. I see your settings is quite tight, grid is on 50 points.

And, please test it on demo first for sometime.
I'm a lazy trader... please don't follow me for no reason...
Quoting radityo.ardi
{quote} this should be easy, no? Your trade explorer is not allowed on your MetaTrader. The icon on the right upper side is sad. So, you should enable Expert Advisor checkbox. http://forum.mql4.com/62033 Btw please be mindful of the settings. I see your settings is quite tight, grid is on 50 points. And, please test it on demo first for sometime.

i did what you said but it stills keep active: no, it turns on but goes imediatly off
Have you checked off Expert Advisor Allowed in both Tools - Options, and in the epert advisor Common settings?
Quoting tutsola
Have you checked off Expert Advisor Allowed in both Tools - Options, and in the epert advisor Common settings?
it should have checked on right ? allow automated trading
Quoting lcouto
{quote} it should have checked on right ? allow automated trading
Yes. But if everything is right then I suspect maybe it's on broker side?It's prohibited to put such kind of grid order maybe?pls try same condition on demo or another broker
hello mr radityo.ardi
it seems very good result
pl
save gt500 set file and share here
(save in ea setting with xxx.set )
thanks
i try to setup this manual with your gt500 .txt but i cant
thanks
88888888
Quoting gallardo
hello mr radityo.ardi it seems very good result pl save gt500 set file and share here (save in ea setting with xxx.set ) thanks i try to setup this manual with your gt500 .txt but i cant thanks 88888888
rename it to GT500.set, delete the .txt
  • Post #288
  • Quote
  • Edited at 10:42pm Jun 16, 2015 8:17pm | Edited at 10:42pm
i am thinking of giving it a try but have a somewhat tricky question....

we have 2 X longs and 2 X shorts on each cycle ....

what happens if ALL 4 are "activated/hit" ? is this a scenario that any of you encountered ? is (shouldnt) a "third" set of 1 X long and 1 X short entries open?


i am probably going to run the following set
Inserted Code
DateTimeType=0
DailyStartTime=01:00:00
DailyStopTime=23:00:00
StopTimeMode=0
OpenType=1
OrderOperation=0
OrderCountPerSide=2
RecreationCountPerSide=1
LimitOrdersCount=3
RecreationThreshold=50
GridStepPoints=50
CurrentPriceInterval=50
MagicNumber=8888
InitialLotsType=1
InitialLots=0.01
InitialLotsMult=0.00025
CommentInfo=
ProfitTakingMode=0
TargetProfitDynamicBase=0
TargetType=1
TargetProfit=0.3
TargetProfitMult=0.007
CloseType=0
CloseMode=0
CountRunningCloseEA=0
CheckIsCorrupted=false
Quoting KGP
i am thinking of giving it a try but have a somewhat tricky question.... we have 2 X longs and 2 X shorts on each cycle .... what happens if ALL 4 are "activated/hit" ? is this a scenario that any of you encountered ? is (shouldnt) a "third" set of 1 X long and 1 X short entries open? i am probably going to run the following set DateTimeType=0 DailyStartTime=01:00:00 DailyStopTime=23:00:00 StopTimeMode=0 OpenType=1 OrderOperation=0 OrderCountPerSide=2 RecreationCountPerSide=1 LimitOrdersCount=3 RecreationThreshold=50 GridStepPoints=50 CurrentPriceInterval=50...
Your Open Type is 1, which means Dynamic Recreation (All Orders).
Once all 4 orders are executed, it will create another 2 orders (1 each side).

Quoting Trading88
Thanks to all for this wonderful thread and to the creator for being so nice with us and his explanations I am very happy trading this system
Thanks for the support.

Quoting codar
I'm eager to try this on live cent account with minimized settings. FxOpen has ECN-like cent account. Just wondering, what ping speed should I look for? Right now I have 125ms to FxOpen, but I have 33ms to Tickmill and 57ms to Pepperstone. Too bad Tickmill doesn't have cent accounts.
Ya, Tickmill quite fast. It is too bad they don't have cent accounts.
I never tried Pepperstone, probably you can try both Pepperstone and FxOpen. Give us feedback on how's the orders and the slippage.
I'm a lazy trader... please don't follow me for no reason...
Quoting radityo.ardi
{quote} Your Open Type is 1, which means Dynamic Recreation (All Orders). Once all 4 orders are executed, it will create another 2 orders (1 each side).
sorry i forgot to explain myself better... what happens when those "extra" (recreation orders) are executed and both are hit as well? will another "set" open? thats what i meant to ask
Quoting KGP
{quote} sorry i forgot to explain myself better... what happens when those "extra" (recreation orders) are executed and both are hit as well? will another "set" open? thats what i meant to ask
Yes. it will keep creating.
I'm a lazy trader... please don't follow me for no reason...
hi radityo.ardi, you are using GT 500 on M5 timeframe?


thanks.
Quoting ajaysingghh
hi radityo.ardi, you are using GT 500 on M5 timeframe? thanks.
Hi ajaysingghh ,

TF is not important in this EA
Quoting KGP
i am thinking of giving it a try but have a somewhat tricky question.... we have 2 X longs and 2 X shorts on each cycle .... what happens if ALL 4 are "activated/hit" ? is this a scenario that any of you encountered ? is (shouldnt) a "third" set of 1 X long and 1 X short entries open? i am probably going to run the following set DateTimeType=0 DailyStartTime=01:00:00 DailyStopTime=23:00:00 StopTimeMode=0 OpenType=1 OrderOperation=0 OrderCountPerSide=2 RecreationCountPerSide=1 LimitOrdersCount=3 RecreationThreshold=50 GridStepPoints=50 CurrentPriceInterval=50...
Would you please enter your settings in the table I've attached and post it here so we can keep track of different settings. Later on, you can just add your results.

Attached File
File Type: xls GTSettings.xls   43 KB | 217 downloads


Good Luck with your test!
I've rebooted GT 1000 with 1.5x bigger lots and target, and make the timerange narrow until 10am SGT, with "Close when no open order" Open Type.
We'll see if this can go better.

http://www.forexfactory.com/radityo.ardi/18
Attached File
File Type: txt GT1000REBOOT.set.txt   < 1 KB | 294 downloads
I'm a lazy trader... please don't follow me for no reason...
Hello dear creator of this system

Can i use limit and stop orders in the same acc?
thank u so much
Quoting radityo.ardi
I've rebooted GT 1000 with 1.5x bigger lots and target, and make the timerange narrow until 10am SGT, with "Close when no open order" Open Type. We'll see if this can go better. http://www.forexfactory.com/radityo.ardi/18 {file}
In this set when u put TargetProfitMult=0.015 means would be more profit? would take so much time to the order close because of this higher profit?

Thank u
Quoting radityo.ardi
I've rebooted GT 1000 with 1.5x bigger lots and target, and make the timerange narrow until 10am SGT, with "Close when no open order" Open Type. We'll see if this can go better. http://www.forexfactory.com/radityo.ardi/18 {file}
I like the idea, this should be safer.
or maybe until 12am SGT the market is still slow.

I tempted to try this on live account too.
GT1000 with "close when no open order" 00:00 - 12:00 WIB.
so far I tried on demo 00:00 - 14:00 WIB also good..
the profit is okay. but most importantly i like the low drawdown

the original GT1000 00:00 - 14:00 WIB on 5000$ demo account (run for a month):
Attached Image


GT1000 00:00 - 14:00 WIB with 500$ demo account. with "close when no open order" (run for 3 days)
Attached Image
Quoting Trading88
Hello dear creator of this system Can i use limit and stop orders in the same acc? thank u so much
I tried that. and it's messed up..

I run it on different time too.

because there will be some order still opened and yet another cycle is going to start but can't...

so it's not good in my testing. then i tried to test it on separate account...


but maybe with the new feature like "close when no open order". this can be a solution?
you can try it and post the update
Quoting slianto
{quote} I tried that. and it's messed up.. I run it on different time too. because there will be some order still opened and yet another cycle is going to start but can't... so it's not good in my testing. then i tried to test it on separate account... but maybe with the new feature like "close when no open order". this can be a solution? you can try it and post the update
I tried in the same acc (Demo) and it is giving good profits, not problems at all about cycles
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