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Trapping System: Grid

  • #461
  • Jun 25, 2015 1:48am Jun 25, 2015 1:48am
Quoting poweromania
{quote} You can try instaforex.com.. I will start using their demo account for few weeks see how is working
spread 3-7 in pips?

https://www.instaforex.com/account_types.php
If you ask me to code/fix your EA... it's probably not for free...
  • #462
  • Jun 25, 2015 1:50am Jun 25, 2015 1:50am
Quoting hewtwok
{quote} what is the difference between instant n market execution? instant better? i read it here seems market execution is better? O.o http://justforex.com/trading/market-execution
instant execution - your order will go instantly. But in case the price at the time when the order is requested and then opened is different, then your order will be rejected or requoted.
market execution - your order will go no matter what. but in case the price is different, it keeps executing. Then slippage concept will come.
If you ask me to code/fix your EA... it's probably not for free...
  • #463
  • Jun 25, 2015 2:28am Jun 25, 2015 2:28am
Quoting radityo.ardi
{quote} instant execution - your order will go instantly. But in case the price at the time when the order is requested and then opened is different, then your order will be rejected or requoted. market execution - your order will go no matter what. but in case the price is different, it keeps executing. Then slippage concept will come.
i see....

btw instaforex is classify as scam in forexpeacearmy...
  • #464
  • Jun 25, 2015 2:31am Jun 25, 2015 2:31am
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  • #465
  • Edited 3:10am Jun 25, 2015 2:50am | Edited 3:10am
Quoting radityo.ardi
{quote} instant execution - your order will go instantly. But in case the price at the time when the order is requested and then opened is different, then your order will be rejected or requoted. market execution - your order will go no matter what. but in case the price is different, it keeps executing. Then slippage concept will come.

i dont believe you need a cent account which most of the times comes with instant execution

what you need is just small "pot accounts" you make...yourself


from experience running now 6 demos and having a 7th stopped (the one with the highest spread)... the smaller "net" (incl. any commissions in case there) the better more than 1.6 pip spread is not working very good

the issue is that its difficult to find brokers offering more than 1:500 and if you do they have enormous spreads or swaps

have you checked admiralmarkets, londoncapitalgroup (this one offers very small leverage) or others ?


btw i have 2 demos on different brokers where no recreational where created at all...isnt that weird?
  • #466
  • Jun 25, 2015 3:10am Jun 25, 2015 3:10am
Quoting radityo.ardi
Do you guys have any suggestion on good broker for Cents account? I can only find FXTM as it offers 1:1000 leverage, probably not the lowest spread (21 points) but still acceptable, and would like to try with Instant Execution on Live Account.
I'm testing the EA on Roboforex demo acc. for weeks, they have Pro Cent and Fix Cent accounts, I will soon invest in Pro Cent account, I think it's better due to it's market execution.
  • #467
  • Jun 25, 2015 4:21am Jun 25, 2015 4:21am
Quoting KGP
{quote} i dont believe you need a cent account which most of the times comes with instant execution what you need is just small "pot accounts" you make...yourself from experience running now 6 demos and having a 7th stopped (the one with the highest spread)... the smaller "net" (incl. any commissions in case there) the better more than 1.6 pip spread is not working very good the issue is that its difficult to find brokers offering more than 1:500 and if you do they have enormous spreads or swaps have you checked admiralmarkets, londoncapitalgroup...
I really need it, because I want to test on live without risking my self. And Cents is considered the most bad account of all, you won't normally get a good spread. But around 2 pips is considered good for me.
If you ask me to code/fix your EA... it's probably not for free...
  • #468
  • Jun 25, 2015 4:29am Jun 25, 2015 4:29am
Quoting codar
{quote} I'm testing the EA on Roboforex demo acc. for weeks, they have Pro Cent and Fix Cent accounts, I will soon invest in Pro Cent account, I think it's better due to it's market execution.
Great...I also want to open a Fix Cent account...It's great because we can compare our results..
  • #469
  • Jun 25, 2015 4:30am Jun 25, 2015 4:30am
Quoting radityo.ardi
{quote} I really need it, because I want to test on live without risking my self. And Cents is considered the most bad account of all, you won't normally get a good spread. But around 2 pips is considered good for me.
http://www.roboforex.com/trade-condi...account-types/ take a look at Fix-Cent
  • #470
  • Edited 6:56am Jun 25, 2015 5:45am | Edited 6:56am
Hello fellow trader !

Any of you are using this EA on live ?
How any of you already know i try it on Tickmill demo, however EA still create pending order after sometime cancel it and re-create it again.
On live server this kind of stuf are not allow because it's like a spam bot, so broker like Tickmill too that approve any kind of strategies can block this EA.
Radityo.ardi are you use it on live right ? Do you have the same problem ? I mean i have the standard setting load why EA should close pending and recreate it all the time ?

With this setting : Fixed = it will create a fixed number of order based on Order Count (each side)
EA are not allow to delete and recreate right ? So something working bad or this problem comming only on demo ?

UPDATE: maybe i fix it, i let you know the result later !! Cheers
UPDATE 2: Problem are not solved same issue.

Thank you.
Don't be delicated, be vast and brilliant ! [Brent Smith]
  • #471
  • Jun 25, 2015 6:14am Jun 25, 2015 6:14am
Quoting radityo.ardi
{quote} I really need it, because I want to test on live without risking my self. And Cents is considered the most bad account of all, you won't normally get a good spread. But around 2 pips is considered good for me.

i fully understand what you are talking about btw try to get an account with cashback... the activity created by the EA worth it so there is going to be some kick back as well
  • #472
  • Jun 25, 2015 6:16am Jun 25, 2015 6:16am
Quoting poweromania
{quote} http://www.roboforex.com/trade-condi...account-types/ take a look at Fix-Cent

FXTM and roboforex they seem ok and they are european regulated


i would prefer FXTM myself rather than roboforex.... (comparing their accounts)

does anyone have experience with them?
  • #473
  • Jun 25, 2015 6:19am Jun 25, 2015 6:19am
i have 3 brokers where all orders where "hit" both the buys and sells... but no recreational orders where created and as such the accounts are in an endless loop....

has anyone else had the same issue?
  • #474
  • Jun 25, 2015 7:42am Jun 25, 2015 7:42am
@radityo.ard

Why are your GT500 pending orders 6 days long?

Mine were like 3 days long, and they changed today when my computer turned off

Suddenly I made profit, I don't know exactly if it happened after or before my computer turned off.

Anywa EURUSD has been stuck lately (last 48h), so I think the cycles are ok, aren't they?
A good strategy for trading is... the opposite of having a bad strategy.
  • #475
  • Jun 25, 2015 8:20am Jun 25, 2015 8:20am
Quoting PowerTrade
@radityo.ard Why are your GT500 pending orders 6 days long? Mine were like 3 days long, and they changed today when my computer turned off Suddenly I made profit, I don't know exactly if it happened after or before my computer turned off. Anywa EURUSD has been stuck lately (last 48h), so I think the cycles are ok, aren't they?

for me its the recreational that were not created on 3 of my demos on different brokers....

apart from that i believe EVERYONE has more or less the same issue because of greece (once again ;-) ) the market is behaving in a way thats against this strategy.... what is going on right now on the market is the Achilles heel of this particular system....
  • #476
  • Jun 25, 2015 9:43am Jun 25, 2015 9:43am
Quoting KGP
{quote} for me its the recreational that were not created on 3 of my demos on different brokers.... apart from that i believe EVERYONE has more or less the same issue because of greece (once again ;-) ) the market is behaving in a way thats against this strategy.... what is going on right now on the market is the Achilles heel of this particular system....
Hello KGP,

if i understand you don't encountered any problem with EA like recreation of pending order right ?
Can you please share your settings ?

Thank you in advance !
Take care and best wishes to everyone !
H.
Don't be delicated, be vast and brilliant ! [Brent Smith]
  • #477
  • Edited 9:57am Jun 25, 2015 9:55am | Edited 9:57am
Hyperfire, I think no one is having recreational working properly since the market is stuck, I think it is normal for the market movement right now.

Anyway, if I want another recreational to be created, should I press the "Stop Next Cycle" button?

If everybody had new recreationals on 23rd (a big movement that day), then the EA is working right, isn't it?
A good strategy for trading is... the opposite of having a bad strategy.
  • #478
  • Jun 25, 2015 10:00am Jun 25, 2015 10:00am
Quoting KGP
{quote} for me its the recreational that were not created on 3 of my demos on different brokers.... apart from that i believe EVERYONE has more or less the same issue because of greece (once again ;-) ) the market is behaving in a way thats against this strategy.... what is going on right now on the market is the Achilles heel of this particular system....
Yes, the market is waiting for Greece decision, now I understand the articles on newspapers when people say "there are economic interests in this happening in this country for this reason".

Achiles heel, greece, history
A good strategy for trading is... the opposite of having a bad strategy.
  • #479
  • Jun 25, 2015 10:06am Jun 25, 2015 10:06am
One more thing I don't understand.

Why are some orders being closed in a matter of minutes, even when they haven't reached TP?

Why are there others that are closed 1d later?
Attached Image (click to enlarge)
Click to Enlarge Name: Orders.png Size: 68 KB
A good strategy for trading is... the opposite of having a bad strategy.
  • #480
  • Jun 25, 2015 10:07am Jun 25, 2015 10:07am
Quoting Hyperfire
{quote} Hello KGP, if i understand you don't encountered any problem with EA like recreation of pending order right ? Can you please share your settings ? Thank you in advance ! Take care and best wishes to everyone ! H.

what i am saying is that recreational are/have NOT working/ed on 3 brokers demo accounts i have

all "first" set of sell/buy orders have been hit but NO new set of orders (recreational) were created as such... so all those 3 demos are on an endless loop.... (which means stuck for good there is no way out)


i have 6 demos right now running and a 7th that i stopped (it was the one which had more than 1.6 pips and not good swaps)

3 of the demos are started at different brokers EXACTLY at same time and everyone should be amazed how different all of those 3 "behave" because brokers are....well different even by 0.1pip spread
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