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Trapping System: Grid

  • #741
  • Edited 12:57pm Jul 10, 2015 12:10pm | Edited 12:57pm
Quoting radityo.ardi
{quote} Hi, sorry. Roboforex in my account is using settings shared by chucrut, modified a little bit. I will share the settings later on. {file}
Sir, you have mention time 13:00 to 20:00
What are these time in which session?
Is it on broker time or computer time?
Thank you sir
if there is market there will be opportunities
  • #742
  • Jul 10, 2015 12:20pm Jul 10, 2015 12:20pm
Quoting StOoOk
{quote} Hey, the problem with Fxpro is they have only 70 order open (on demo account) whereas on the live account you open until 1000 order. This is why there is no pending and shows you error. Happy pips
Would you suggest FXpro for this tipe of EA?
How are them in terms or spread, slippage? Do you have any experience with them (or anyone else here)?
How much is the minimum ammount to open a account with them?

Thanks to all.
  • #743
  • Jul 10, 2015 12:23pm Jul 10, 2015 12:23pm
Hi All, Joining the fray over here as well.

Did quite a bit of back testing on the most recent version (?). Got a pretty good run going, up 100% in a month and then - Ow Oh! Further back and forward testing required.
Attached Image (click to enlarge)
Click to Enlarge Name: TrapGrid.png Size: 14 KB
  • #744
  • Jul 10, 2015 12:42pm Jul 10, 2015 12:42pm
Quoting chucrut
{quote} Would you suggest FXpro for this tipe of EA? How are them in terms or spread, slippage? Do you have any experience with them (or anyone else here)? How much is the minimum ammount to open a account with them? Thanks to all.
They have very good support and in term of spread I don't they have good spread on majors, they rarly have slippage. For me I did not use this EA but I am interesting to use it after I see how is it working. The minimum is 500 $
if there is market there will be opportunities
  • #745
  • Jul 10, 2015 2:21pm Jul 10, 2015 2:21pm
Quoting Sawaddee
Hi Radityo.ardi First of all, thank you very much for sharing your EA. I have tested with a FxPro demo account today with $1,500 leverage 1:500 and having following scenario as you can see from the attached pictures. The red vertical line shows the starting of this cycle. After EA has started to work for a while, the graph moved a little bit north then headed south quite deep. At this point EA has opened 6 Buys and 15 Sells. Suddenly, the graph changed its move to north continuously. Until the problem happen when EA has opened 35 Buys and 15 Sells....
Hi Sawaddee,
your broker doesn't allow pending and open orders more than 50. Try to avoid that since this EA eats up a lot orders. But anyway, I think I have the workaround for you to fix that.
Do this to your current settings.
1. Double up your Grid Step.
2. Double up your Lot Size.
3. If it is non recreation method, cut your Initial Orders per side by half.

So if you start with lotsize of 0.5, your initial order count per side is 25 and your Grid Step is 50 points
Then try to set your lotsize to 1 and grid Step to 100 points, and your Initial order count per side to 12.

This way, (technically) you will run into the same risk with the previous risk. The only difference is that the profit taking (if you plan to take small profit) will take a bit longer than usual since we cut the initial order count by half.

To me, I would've found another broker with at least 100 orders.

Quoting chucrut
Hi all, I just noticed that tickmill doesn't allow to European Union citizens to open account with them, i was going to open a small live to put the EA on live Anyone suggest a reliable broker that could fit with this EA? I have a demo with Tickmill and one with Pepperstone... Radityo, what do you think about their "razor" account? https://pepperstone.com/trading-acco...unts-razor.php
As per my post previously, please also consider Margin Call level and Stop Out. Tickmill's Margin Call is 100% and Stop out is 30%. Most brokers they have around 40%-60% Margin Call level and 10%-30% stop out.
Pepperstone seems didn't post both on their website. Please ask their sales rep team about this.

Quoting slianto
{quote} Hi Radityo, I just able access the web (codeplex) now, but then every other time it failed to show up and need to refresh for some time. thanks for sharing another set files. my limit got hit again today haha still using the old version without SL..... ahhh... I will try 1.5 with another setting then, which setting do you think the best for live account? and why your live stopped?
I have to stop it for a while, I got something to do with it.
You need to try 1.5, because I need the feedback. It still need more enhancements.

Quoting fxindikator
it's getting more interesting, now we have new version (1.5) while I'm still 12 days with 1.4 version. here's my setting : ----------------------------- DateTimeType=1 DailyStartTime=10:00:00 DailyStopTime=22:59:59 StopTimeMode=0 OpenType=0 OrderOperation=0 OrderCountPerSide=30 RecreationCountPerSide=2 LimitOrdersCount=1 RecreationThreshold=50 GridStepPoints=50 CurrentPriceInterval=30 MagicNumber=8888 InitialLotsType=1 InitialLots=0.01 InitialLotsMult=0.00003 CommentInfo= ProfitTakingMode=1 TargetProfitDynamicBase=0 TargetType=1 TargetProfit=5.0...
Hahahaha... that is sick, maan!
But beware with large drawdown, coz we all expecting that when we set it high. Hope not.

Quoting StOoOk
{quote} Sir, you have mention time 13:00 to 20:00 What are these time in which session? Is it on broker time or computer time? Thank you sir
I always use local time, and linked to SGT (Singapore Time). Even then my VPS in Australia, I set the regional setting to Singapore.
If you're on VPS, you can do the same actually.

Quoting McLovin
Hi All, Joining the fray over here as well. Did quite a bit of back testing on the most recent version (?). Got a pretty good run going, up 100% in a month and then - Ow Oh! Further back and forward testing required. {image}
I usually do backtest for:
1. testing the EA whether it worked properly, like creating orders, closing orders, recreating orders, calculating and all.
2. Find the best setting to implement on forward testing.

I think that is also the main purpose of backtest. Then you need to do forward test as well.
Welcome to the jungle, bro!
If you ask me to code/fix your EA... it's probably not for free...
  • #746
  • Jul 10, 2015 6:59pm Jul 10, 2015 6:59pm
thanks very much so you mainly do the trades on LO and NY sessions. I went through trade history and see them. I will make a demo account and apply the settings that you made.
if there is market there will be opportunities
  • #747
  • Jul 11, 2015 4:35am Jul 11, 2015 4:35am
Hi everyone and specially radityo.ardi.

Thank you so much for sharing this EA.

I'm trading in european futures CFD (Spain) with live account. I start with 6.000 eur
My results since 25 june are: +2.634 eur in 9 days (Best day 30 june with 650 eur win) Worst day 9 july with 468 eur loss)

Start time: 09:45 Spain time
Stop time: 16:00 Spain time

This hours are more or less, because a start and close manually. Any day, start at 10:15 for example, and close 15:00.
This future stock start at 09:00 and close 19:55

StopTimeMode: Close when no open order
OpenType: Fixed
OrderOperation: LIMIT orders
OrderCountPerSide: 10
RecreationCountPerSide: 2
LimitOrdersCount: 3
RecreationThreshold: 50
GridStepPoints: 30
CurrentPriceInterval: 30
MagicNumber: 8888
InitialLotsType: Fixed
InitialLots: 0.2 (2 eur per point)
InitialLotsMult: 0,0003
ProfitTakingMode: Without Comission and Swap
TargetProfitDynamicBase: Balance
TargetType: Fixed
TargetProfit: 20
TargetProfitMult: 0,004
Without Stop Loss:

Last 3 days i change InicialLots: 0.1 (1 eur per point) and TargetProfit: 10

My worst day with with -468 eur loss, were with these last settings and i close manually all trades because each minute more and more lossing. Maybe -1.000 eur
This day the UP TREND was very hard.

What do you think about these settings?
Maybe Fixed STOP LOSS?
Or reduce OrderCountPerSide?

Thank so much again
  • #748
  • Jul 11, 2015 7:51am Jul 11, 2015 7:51am
and if we put instead of one order, we put two orders, a stop order and other limit order, together, to make the grid?
  • #749
  • Jul 12, 2015 7:33am Jul 12, 2015 7:33am
Quoting bolsistico
and if we put instead of one order, we put two orders, a stop order and other limit order, together, to make the grid?
Maybe something like this I'm looking for some time?
http://www.forexfactory.com/showthread.php?t=547856
  • #750
  • Jul 12, 2015 7:43am Jul 12, 2015 7:43am
Quoting xnowx
{quote} Maybe something like this I'm looking for some time? http://www.forexfactory.com/showthread.php?t=547856
thank you so much, at the moment i´d thought to use the ea in 2 charts, in a chart with stop orders and the other one with limit orders on the same pair
  • #751
  • Jul 12, 2015 7:59am Jul 12, 2015 7:59am
Still in test, not continuous, I start the grid in Limit mode only when I think that is going to start a 20/40 pip trading range.
Some thoughts:

  1. It's just my problem or a known bug that when a cycle closes, the amount on the "last-profit" on screen is twice than truly achieved?
  2. Is possible to insert the choice to select the "target profit" in pips rather than currency? On the cross pairs or notUSD accounts it becomes difficult to evaluate the right target.
  3. I think that in the presence of hedged positions it would be better to close them with the "close by" order rather than send a close market order.

Thanks for your great work!

  • #752
  • Edited 11:49am Jul 12, 2015 8:08am | Edited 11:49am
Quoting bolsistico
{quote} thank you so much, at the moment id thought to use the ea in 2 charts, in a chart with stop orders and the other one with limit orders on the same pair
Same here
Results are very interesting but the problem is when two grids goes out of sync... the best will be one EA that use both strategies with different profit target, one for limit and one for stop, so i can have more and small profit for Limit strategy and less but bigger profit for Stop strategy.
Something like the Few Limit strategy, but with sell/buy stop opened at the tails of the range.
Just a suggestion to radityo.ardi for the next EA.
  • #753
  • Jul 12, 2015 8:43am Jul 12, 2015 8:43am
Quoting bolsistico
{quote} thank you so much, at the moment id thought to use the ea in 2 charts, in a chart with stop orders and the other one with limit orders on the same pair
Hi bolsisco, you can try SO and LO on the same currency pair, works just fine but use EA's with different ID's . I am runnig this method about 3 days on my 3 demo accounts, EA ver1.5. My goal is to minimize drawdown and I think that simultaneus using SO and Lo orders could keep the account healthy, of course settings are important. Here is statement on one of my account started on Fridy in the middle of the day, period 4 hours. My SO EA grid is 30 points and LO EA grid is 55.
Attached Image (click to enlarge)
Click to Enlarge Name: 04 DetailedStatement.gif Size: 6 KB
  • #754
  • Jul 12, 2015 10:43am Jul 12, 2015 10:43am
Quoting andres11617
{quote} Hi bolsisco, you can try SO and LO on the same currency pair, works just fine but use EA's with different ID's . I am runnig this method about 3 days on my 3 demo accounts, EA ver1.5. My goal is to minimize drawdown and I think that simultaneus using SO and Lo orders could keep the account healthy, of course settings are important. Here is statement on one of my account started on Fridy in the middle of the day, period 4 hours. My SO EA grid is 30 points and LO EA grid is 55. {image}
brilliant, wonderful, then look like to work, there will be to do many test, but the ideal is to make an option more in the EA, so we'd have SO, LO and BOTH OF THEM
Thank andres so much
  • #755
  • Jul 12, 2015 11:00am Jul 12, 2015 11:00am
Quoting xnowx
{quote} Same here Results are very interesting but the problem is when two grid goes out of sync... the best will be one EA that use both strategies with different profit target, one for limit and one for stop, so i can have more and small profit for Limit strategy and less but bigger profit for Stop strategy. Something like the Few Limit strategy, but with sell/buy stop opened at the tails of the range. Just a suggestion to radityo.ardi for the next EA.
what i'm looking for this strategic to use both orders, it's to reduce el dd to minimum, such a way, that a order counteract to the other, it's evident that result will be smaller than the normal strategy but i hope to get a robust ea, what do you think?
  • #756
  • Jul 12, 2015 11:40am Jul 12, 2015 11:40am
Quoting bolsistico
{quote} what i'm looking for this strategic to use both orders, it's to reduce el dd to minimum, such a way, that a order counteract to the other, it's evident that result will be smaller than the normal strategy but i hope to get a robust ea, what do you think?
We're going off topic again, I'll reply on discussion that I posted before.
  • #757
  • Jul 12, 2015 11:57am Jul 12, 2015 11:57am
bolsistico, actually result is bigger, first test days on my other account, period slightly over 2 days SO LO simultaneus :
Attached Image (click to enlarge)
Click to Enlarge Name: MT01_DetailedStatement.gif Size: 6 KB
  • #758
  • Jul 12, 2015 12:12pm Jul 12, 2015 12:12pm
Quoting andres11617
bolsistico, actually result is bigger, first test days on my other account, period slightly over 2 days SO LO simultaneus : {image}
it's really good, according to seeing instead of having Drawdown, having DrawUp, jajajajaajjajajaj
thank you again, do you think it'll work fine? i start this monday to test it, i'm glad with you results, thank you for sharing
  • #759
  • Jul 12, 2015 12:14pm Jul 12, 2015 12:14pm
Quoting xnowx
{quote} We're going off topic again, I'll reply on discussion that I posted before.
off topic, but if it's maybe the solution to the problem to have the ea
  • #760
  • Jul 12, 2015 1:04pm Jul 12, 2015 1:04pm
Hello fellow traders,

I wanted to give out a quick warning about Exness. I have been testing the grid with them on demo. It worked fine over the week with 600:1 leverage, but I noticed my demo went into negative free margin on friday. Upon investigation, it seems that Exness decreases all accounts leverage to maximum of 200:1 before market close, and then reactivates sometime after market open. So, it is enough to get margin called/account burned, depending on your settings. I did not know this about Exness before, but I want to bring this up and share.
Please see https://www.exness.com/forex/leverage/

Best, Josh
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