Trapping System: Grid | Page 47 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trapping System: Tunnel Martingale 476 replies

Grid - New indicator that replaces chart grid 60 replies

Grid (not grid system) or horizontal lines indicator 6 replies

Trapping System: Way to Fully-Automated Trading System 47 replies

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

Attachments: Trapping System: Grid
Exit Attachments

Trapping System: Grid

  • #921
  • Jul 27, 2015 8:38pm Jul 27, 2015 8:38pm
Quoting Vlad13685
{quote} Great thanks for the feedback! Just shows you how important it is to choose the correct broker for the strategy you are using! I will continue to test the 2 brokers together and see what the performance is like over a few weeks. Regards Vlad
to be honest, the bad and the good of a broker won't get caught by us if we just do a manual simple and normal trading, 1 or 2 orders. But with this EA, all the goodness and the bad is discovered. You'll become more aware to look for the stop out, margin call, spreads, leverage, type, all aspects of an account in a broker.
Well, that's a good thing about this strategy I guess...
If you ask me to code/fix your EA... it's probably not for free...
  • #922
  • Jul 27, 2015 8:42pm Jul 27, 2015 8:42pm
Quoting anzip
Hi, Radit. can we use pair Gold? and how to seting if i want to use Churcut seting. i was foward test in 4 account demo(2 acc Tickmill and 2 acc Roboforex procent) with churcut seting in pair EurUsd abaout 3 week and have good result. i get result in 4 acc for 20% - 50% till today. Now i want to use pair gold. can you help me to have good seting for Gold? thanks btw, someday i will use tickmill, because now they give rebate $4,5/lot (classic acc). but for now, i must be patience, because dont have $1000 - $5000 to deposit. :'( early, i will use...
I suggest you to use cents account. I don't have any reference of a good broker with cents account, but roboforex is the one in my mind as of now. Considering a good leverage (not a conditional leverage, I guess) and standard spreads they offered, and no limitations on EA strategy.
Plus, cents account is another way to get into the trading with a "big" money without loosing big money.

Gold, yes you can. If you recall, actually the STOP strategy was originated from SteadyGold and was meant for Gold, also from FF. But I suppose the developer discontinued the development, as we can't post again on his thread. And that's the reason why I wrote this EA, so this strategy will continue to exist.

Settings, I need to find it out first... But I suppose, from EUR/USD, you can try out to reduce the lot size, try to divide it by 4 or by 6. Keep the target profit same as it is.
If you ask me to code/fix your EA... it's probably not for free...
  • #923
  • Jul 27, 2015 11:38pm Jul 27, 2015 11:38pm
Quoting JoshuaHope
{quote} Vlad, I have observed noticeable difference between account types even on the same broker (ecn vs regular - tickmill). The ecn hits the target faster and closes, while the regular doesn't close and might get"stuck" in some situations...while the other continues and makes more trades. It is dependent on spread and possible slippage. This is one scenario when you have a change in direction. Keep in mind, the ecn you will have to pay commission afterwards, so profitability may not be that different. Just my 2 cents :-) Best, Josh
a small different at price reading (eg. spread, slippage, transaction cost) would affect the whole transaction process. grid are more like a scalping entries by sequence, which is produce massive transaction involved. that's why EURUSD are best option in related to spread, transaction cost. here's my current FT detailed statement on their ECN price feed
Attached Image (click to enlarge)
Click to Enlarge Name: grid22.jpg Size: 39 KB

small commission fee, with better entry execution , rather than regular account type even though there's many traders who still comfortable with no commission account type.
  • #924
  • Jul 27, 2015 11:55pm Jul 27, 2015 11:55pm
Quoting chucrut
{quote} Hi, already posted here some time ago but ok: eurusd Stop orders Grid step: 55 points Current price interval: 60 points Time: from London Open -1h to New York Open Lots and target fixed: 0.01 for 0.33$ for every 300$ of balance then do the calculation according to your balance (or increase the risk like 0.02 for 0.66$ target for every 300$ of balance, my demos are with 0.03 for 0.99$ target for every 300$ of balance, look my trade explorers. Choose your own risk, high normal or low)
Hello Chucrut, what timeframe you use 5m?
  • #925
  • Jul 28, 2015 12:46am Jul 28, 2015 12:46am
Quoting fxindikator
{quote} a small different at price reading (eg. spread, slippage, transaction cost) would affect the whole transaction process. grid are more like a scalping entries by sequence, which is produce massive transaction involved. that's why EURUSD are best option in related to spread, transaction cost. here's my current FT detailed statement on their ECN price feed {image} small commission fee, with better entry execution , rather than regular account type even though there's many traders who still comfortable with no commission account type.
Nice results and might i say a very steady growth. :-) I enjoy checking out your trade explorer. Seems very stable.
The affects of spread on the grid can be explored also on the backtester. If you run one spread ie.20 points for one period, then run same period with ie. 5 points, you can see the different grid behavior. Please note, i dont trust backtester for results, but you can use it for this.
Best, Josh
  • #926
  • Jul 28, 2015 4:19am Jul 28, 2015 4:19am
Quoting kemps1982
{quote} Hello Chucrut, what timeframe you use 5m?
Hi, This EA is not about TF, i put it on 5M just to see the price moving...
  • #927
  • Jul 28, 2015 9:05am Jul 28, 2015 9:05am
Hey guys, just a quick heads up. I was trying to set up a ECN account with Tickmill and got - rejected. Apparently, they don't allow traders from the EU. This blows :-(
Can anyone recommend a good broker that allows 500:1 at least, no problems withdrawing money, ecn possible, good spreads and support? lol
Best, Josh
  • #928
  • Jul 28, 2015 9:33am Jul 28, 2015 9:33am
try ICMarkets. im using them, they charge commission fee for using their ECN, but the spreads on most major pairs are wonderful. take a look!
  • #929
  • Jul 28, 2015 10:17am Jul 28, 2015 10:17am
ICMarkets slippage are insane. On Demo accounts it will be wonderful but on live, not so much.

I had an interesting idea to test.

Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph1.gif Size: 10 KB


For me on back test I look more on what happened than final profit. Profit grows during week time but since it's a quick out strategy it does not handle weekend gaps and high impact news very well. In fact they are big loss potential...
So it need a little maintenance like closing on weekends and on big impact news. (the period of testing was during the Greek drama and all the big gaps and swings are well plotted on the graph).

This is a quick in/out strategy. The settings are:
- a few limit order
- 8 orders
- 4 limit order count
- 100 points grid step
- 50 points current price interval
- 0.50 cents per 0.01 lots
- exit on target or threshold
- 50 close threshold

The hole idea is to set a 50 pips range to Few Limit orders. If price breaks the range and start a trend it profit with the stop orders outside the grid. If it's a false brake and price goes opposite direction it stops on threshold with little loss.

The only bad price behavior for this settings would be if price false brake, goes opposite but not enough and swing backs again (trying to fire all orders without hitting target or threshold). But when this happen the loss are manageable if not over leveraged (maybe lose a week or month of profits).
I only need to observe if this price action happens many times and profit do not grow over week or month time with the maintenance of closing during weekends. ( I will try testing firsts weeks not closing during high impact news, only over the weekends)

Since i can't set an automatic close options for weekend and for high impact news, i will have to test on demo for some time to confirm the idea.
  • #930
  • Edited 11:25am Jul 28, 2015 10:44am | Edited 11:25am
Quoting radityo.ardi
{quote} I suggest you to use cents account. I don't have any reference of a good broker with cents account, but roboforex is the one in my mind as of now. Considering a good leverage (not a conditional leverage, I guess) and standard spreads they offered, and no limitations on EA strategy. Plus, cents account is another way to get into the trading with a "big" money without loosing big money. Gold, yes you can. If you recall, actually the STOP strategy was originated from SteadyGold and was meant for Gold, also from FF. But I suppose the developer...
Thanks for your answer.

this is first day i use RdzGridTraps V1.7 with roboforex real account pro cent. i use small account because need taste of real server first.
this is my little review in first day.
EA get profit for 6 part.
part 1 : EA get profit = 1,74 ( close at 06.03 broker time)
part 2 : EA get profit = 1,56 ( close at 09.59 broker time)
part 3 : EA get profit = 1,83 ( close at 10.20 broker time)
part 4 : EA get profit = 2,22 ( close at 13.07 broker time)
part 5 : EA get profit = 2,07 ( close at 13.17 broker time)
but,
part 6 : EA get profit = (-7,65) ( close at 17.00 broker time)
finally, today EA get profit = 1,77 (so sad)

i guest in part 6, EA close all when market fast up and fast down in same time.
have you ever experienced what I experienced like that?

i hope you understand what i mean, Radit hehehe
my english very2 bad.
  • #931
  • Jul 28, 2015 10:58am Jul 28, 2015 10:58am
Quoting callmejack
try ICMarkets. im using them, they charge commission fee for using their ECN, but the spreads on most major pairs are wonderful. take a look!
Thanks. I might take a look at their regular account then... any other broker ideas?thanks
Best, Josh
  • #932
  • Jul 28, 2015 10:47pm Jul 28, 2015 10:47pm
Quoting anzip
{quote} Thanks for your answer. this is first day i use RdzGridTraps V1.7 with roboforex real account pro cent. i use small account because need taste of real server first. this is my little review in first day. EA get profit for 6 part. part 1 : EA get profit = 1,74 ( close at 06.03 broker time) part 2 : EA get profit = 1,56 ( close at 09.59 broker time) part 3 : EA get profit = 1,83 ( close at 10.20 broker time) part 4 : EA get profit = 2,22 ( close at 13.07 broker time) part 5 : EA get profit = 2,07 ( close at 13.17 broker time) but, part 6 :...
It also happened to me. The reason is exactly like what you said. Because of the price moves up, then suddenly moves down, or otherwise. But at some point of time, you'll also see the profit is up far from the target profit. That's the reason why the profit can never be exactly the same like in the target set.
If you ask me to code/fix your EA... it's probably not for free...
  • #933
  • Jul 29, 2015 7:35am Jul 29, 2015 7:35am
Hi all

I live in sweden so i cant use Tickmill.
But im trying FXGlory with this grid.
https://fxglory.com/

High Leverage 1000
Free VPS if u put in +1000$

VERY good FXGlory User Reviews
Nice bonus
No slippage
zolando
  • #934
  • Jul 29, 2015 8:45am Jul 29, 2015 8:45am
Quoting fxindikator
{quote} a small different at price reading (eg. spread, slippage, transaction cost) would affect the whole transaction process. grid are more like a scalping entries by sequence, which is produce massive transaction involved. that's why EURUSD are best option in related to spread, transaction cost. here's my current FT detailed statement on their ECN price feed {image} small commission fee, with better entry execution , rather than regular account type even though there's many traders who still comfortable with no commission account type.
Hi Fxindicator,
would you share your setting? and what version you use EA Radityo?
thanks before
  • #935
  • Jul 29, 2015 8:48am Jul 29, 2015 8:48am
Quoting radityo.ardi
{quote} It also happened to me. The reason is exactly like what you said. Because of the price moves up, then suddenly moves down, or otherwise. But at some point of time, you'll also see the profit is up far from the target profit. That's the reason why the profit can never be exactly the same like in the target set.
thanks again for your answer, bro.
still waiting for best setting from you.
  • #936
  • Jul 29, 2015 8:55am Jul 29, 2015 8:55am
Quoting zolando
Hi all I live in sweden so i cant use Tickmill. But im trying FXGlory with this grid. https://fxglory.com/ High Leverage 1000 Free VPS if u put in +1000$ VERY good FXGlory User Reviews Nice bonus No slippage
Thats very strange Zolando...I live in Denmark and i am trading with Tickmill...have been trading with them since the Armada days
Just funny i think...Sorry for the off topic
Sune
  • #937
  • Jul 29, 2015 9:21am Jul 29, 2015 9:21am
Quoting SunGaard
{quote} Thats very strange Zolando...I live in Denmark and i am trading with Tickmill...have been trading with them since the Armada days Just funny i think...Sorry for the off topic Sune

Hmm Someone before in this forum said noone from EU can join tickmill.
I will try then

Thx SunGaard
zolando
  • #938
  • Jul 29, 2015 10:01am Jul 29, 2015 10:01am
Quoting zolando
{quote} Hmm Someone before in this forum said noone from EU can join tickmill. I will try then Thx SunGaard
No problems mate. Maybe its because we do not have EUR as our curriency but DKK
  • #939
  • Jul 29, 2015 10:48am Jul 29, 2015 10:48am
Quoting zolando
Hi all I live in sweden so i cant use Tickmill. But im trying FXGlory with this grid. https://fxglory.com/ High Leverage 1000 Free VPS if u put in +1000$ VERY good FXGlory User Reviews Nice bonus No slippage
Tack Zolando. I will take a look at the Fxglory. However, i would suggest caution for using your broker's vps. They are notorious for manipulation. They will have direct access to your ea...i dont like the idea. But then again, i am very paranoid. :-)
Best, Josh

Quoting SunGaard
{quote} Thats very strange Zolando...I live in Denmark and i am trading with Tickmill...have been trading with them since the Armada days Just funny i think...Sorry for the off topic Sune
Tickmill wont allow European Union customers. I asked and this is the response I got - "In order to facilitate the geographic expansion, Tickmill is currently in the process of obtaining the European Union investment firm licence. We will start accepting new clients from European Union once the licence is granted."
Best, Josh
  • #940
  • Jul 29, 2015 10:58am Jul 29, 2015 10:58am
Very good, Joshua
That explaines a lot.
About Tickmill, its funny...i traded with them since they were Armada Markets and was located in Estonia (as i recall it) and they are a member of the European union.
About Fxglory i totally agree....never take a brokers VPS...they "own" it and they can have surtain powerfailures when convinient for them + total access to your trades/tradingsystem. Further i would be a little unsecure when sending my money to Georgia:
Fxglory Ltd, AXIS Building 8, Alexander Kazbegi 24, Saburtalo, Tbilisi, Georgia Postal Code: 0160
Just my thoughts
Sune
0 traders viewing now