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Trapping System: Grid

  • #941
  • Edited 12:11pm Jul 29, 2015 12:08pm | Edited 12:11pm
Hi friends...

I've not wanted to ask this, because I've been waiting for itself to fix...

But is this normal?

it is a dail chart, it has like 10 days stuck by now, producing 40% DD...

Is it normal?

it has the GTSTOP setting,

And as you can see, it's having profit on radyto's account, but in this, is totally a mess, it seems that it needs a huge pike or the opposite, and I really doubt now if it will survive.

78 open orders
50 pengind orders
128 total orders

And the initial lots is 0.00001 so the lots in this account are 0.01, and it's already taken half of the balance... Is this normal? It seems too much for me

What do you think?
Attached Image
A good strategy for trading is... the opposite of having a bad strategy.
  • #942
  • Jul 29, 2015 12:48pm Jul 29, 2015 12:48pm
wow. is this because of the numbers of grid of each side? it seems like unless the price move to the outside of grid, if not you will be stucked for some period.
  • #943
  • Jul 29, 2015 12:59pm Jul 29, 2015 12:59pm
Quoting SunGaard
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:...
Indeed. However, Tickmill is now located in Eden Island, Mahe, Republic of Seychelles. Its hard to find a broker that I would trust with anything more than 1000$. The issue is that many of them are flat out scams.(I am not saying tickmill or fxglory are) I know several traders that opened accounts with random brokerages and were unable to withdraw any money.
Also, one must make sure about other parameters of the brokerage - like negative balance protection - so you cant lose more than you put in. - a must IMO. Would come in handy if the CHF situation happened again.
Best, Josh

Quoting PowerTrade
Hi friends... I've not wanted to ask this, because I've been waiting for itself to fix... But is this normal? it is a dail chart, it has like 10 days stuck by now, producing 40% DD... Is it normal? it has the GTSTOP setting, And as you can see, it's having profit on radyto's account, but in this, is totally a mess, it seems that it needs a huge pike or the opposite, and I really doubt now if it will survive. 78 open orders 50 pengind orders 128 total orders And the initial lots is 0.00001 so the lots in this account are 0.01, and it's already taken...
Powertrade, if you look at trade explorers of Radyito and other traders in the tread with explorers, for gt500 his DD went up to 60% + and it recovered. His has been running for 3 months+, but i think it has much to do where the cycles start. Normal? Yes. Will it recover? Lets hope so...
Best, Josh
  • #944
  • Jul 29, 2015 1:28pm Jul 29, 2015 1:28pm
Quoting callmejack
wow. is this because of the numbers of grid of each side? it seems like unless the price move to the outside of grid, if not you will be stucked for some period.
I', thinking of it, more grids should let you reach the TP faster, but it won't if the price keeps "zapping"...

And I think it will take a long time to get out of the grid.

Quoting JoshuaHope
Powertrade, if you look at trade explorers of Radyito and other traders in the tread with explorers, for gt500 his DD went up to 60% + and it recovered. His has been running for 3 months+, but i think it has much to do where the cycles start. Normal? Yes. Will it recover? Lets hope so... Best, Josh
I know, but his settings were "profit multiplier 0.00003", my setting is 0.00001

So it shouldn't (in my opinion) have such a big DD.
A good strategy for trading is... the opposite of having a bad strategy.
  • #945
  • Jul 29, 2015 2:06pm Jul 29, 2015 2:06pm
[quote=JoshuaHope;8407909]{quote} Indeed. However, Tickmill is now located in Eden Island, Mahe, Republic of Seychelles. Its hard to find a broker that I would trust with anything more than 1000$....

Hi Joshua, good news on Tickmill former Armada Markets. I traded at Armada some years without any single problem, my highest rating to Tickmill. Hope to continue with Tickmill again.
  • #946
  • Jul 29, 2015 4:52pm Jul 29, 2015 4:52pm
Radityo, don't matter how much i backtest, market always find a way to blow out my account, ehehe I think due lack of precision, when i backtest GTSTOP on the period that you started the results were completely different (blew the account with much lower profit return)

Demo tests are way better but not perfect because of slippage and execution time.

So i just started a Live test with the following setups.

EURUSD
Grid 50points.
$2.9 TP per 0.01lot
65 orders each side
Close by threshould to avoid blow account problem

And than I ran 5 grids on the same pair (open 4 windows and change the EA ID: 1001, 1002, 1003 and 1004)
The volume is $1,250 per 0.01lot
on 1001 i set a stop orders (just like GTSTOP)
on 1002 i set a few limit, with 2 limit orders
on 1003 i set a few limit, with 4 limit orders
on 1004 i set a few limit, with 6 limit orders

The reason is that i spread the risk. We all observe that the same grid can behave differently depending on time of entry, etc... I will have 4 different behavior with this setup.
Even if one set hits stop by threshold, the dent on the account should be 20%. That should be manageable with the high ROI experienced by all the tests done.
I have increased the volume per lot to 1,250 per 0.01 instead of 500 per 0.01 (used at the beginning of GTSTOP) to be safer.

I will report the results. Good luck to my account, hope it do not blow
Cheers
  • #947
  • Jul 29, 2015 5:44pm Jul 29, 2015 5:44pm
Quoting IgotAplan
I will report the results. Good luck to my account, hope it do not blow Cheers
Good luck! please!
A good strategy for trading is... the opposite of having a bad strategy.
  • #948
  • Jul 29, 2015 9:57pm Jul 29, 2015 9:57pm
Quoting IgotAplan
Radityo, don't matter how much i backtest, market always find a way to blow out my account, ehehe I think due lack of precision, when i backtest GTSTOP on the period that you started the results were completely different (blew the account with much lower profit return) Demo tests are way better but not perfect because of slippage and execution time. So i just started a Live test with the following setups. EURUSD Grid 50points. $2.9 TP per 0.01lot 65 orders each side Close by threshould to avoid blow account problem And than I ran 5 grids on the...
Sounds like a good plan! Let us know the results
  • #949
  • Jul 29, 2015 11:41pm Jul 29, 2015 11:41pm
I forgot to say this, my actual settings are 0.01 lots for 1000 usd (balance is 1150), and right now it has a 51% DD, and I'm really doubting it will hold up.

What do you think?
Attached Image
A good strategy for trading is... the opposite of having a bad strategy.
  • #950
  • Jul 30, 2015 1:05am Jul 30, 2015 1:05am
Quoting IgotAplan
Radityo, don't matter how much i backtest, market always find a way to blow out my account, ehehe I think due lack of precision, when i backtest GTSTOP on the period that you started the results were completely different (blew the account with much lower profit return) Demo tests are way better but not perfect because of slippage and execution time. So i just started a Live test with the following setups. EURUSD Grid 50points. $2.9 TP per 0.01lot 65 orders each side Close by threshould to avoid blow account problem And than I ran 5 grids on the...
The market seems to always find a way. If you are using gt500stop, try giving it 5x equity, or 10x, while modifying the lot size and target to match default. It wont be crazy results maybe, but thats the only way to keep the account running for a long time. At least according to the backtests :-/
The blowouts occur when there are big reversals. What is important is when the cycle starts...i think thats the luck element here. - Just my noob opinion.
Best, Josh
  • #951
  • Jul 30, 2015 1:38am Jul 30, 2015 1:38am
Quoting anzip
{quote} Hi Fxindicator, would you share your setting? and what version you use EA Radityo? thanks before
I already post the setting lately, version 1.4 I used. I think it;s better to share file and set, :
Attached File(s)
File Type: zip GT_Tickmill_set.zip   47 KB | 917 downloads

and here's my latest cycle, active orders same as shown at my trade explorer.
Attached Image (click to enlarge)
Click to Enlarge Name: gttgtgt.jpg Size: 67 KB
  • #952
  • Jul 30, 2015 6:31am Jul 30, 2015 6:31am
Quoting fxindikator
{quote} I already post the setting lately, version 1.4 I used. I think it;s better to share file and set, : {file} and here's my latest cycle, active orders same as shown at my trade explorer. {image}
Hi fxindikator,

thank you for your files. One question. Do you really start at 10:00 Broker Time?
Thx in advance.
  • #953
  • Jul 30, 2015 6:42am Jul 30, 2015 6:42am
Here is my demo that has been running since the beginning of July.

http://www.myfxbook.com/members/Chil...r/grid/1319954
  • #954
  • Jul 30, 2015 10:07am Jul 30, 2015 10:07am
Quoting Bullilulli
{quote} Hi fxindikator, thank you for your files. One question. Do you really start at 10:00 Broker Time? Thx in advance.
I think so. The EA will start at 10:00 broker time, right at the beginning of London session i think. As per setup, the EA will doing only one cycle in a day.
Am i right fxindikator??
I have question though fxindikator, did you push "Stop Next Cycle" button on friday after one cycle closed?

Thanx in advance
  • #955
  • Jul 30, 2015 2:51pm Jul 30, 2015 2:51pm
As a report of my Live test jorney, the best setup today was few limit orders, 2 orders.
One day is nothing but i will try to observe it day by day.

Cheers.
  • #956
  • Jul 30, 2015 11:35pm Jul 30, 2015 11:35pm
Hi Radityo!,
how you doing!

lately my demo of GTLimit isn't going anywhere. lol.

And so, I have friend who want to risk his 500$ for live testing of this EA.

I would like to have your opinions before it start:

1. I would use tickmill ECN ( using initial lot = 0.01 )
2. I will use your live testing setting (GTLIVE.set)
3. change my VPS machine time to Singapore Time GMT+8 (to make it easier to use with your setting)
4. Should I use the newest RdzGridTrap.v.1.6? is GTLIVE.set compatible with v.1.6?


any other advice?

thank you bro!
  • #957
  • Jul 31, 2015 2:08am Jul 31, 2015 2:08am
Can anyone tell me TF am I doing wrong???

I have a second MT4 and with other Grid version and it hasn't any problem.
Attached Image (click to enlarge)
Click to Enlarge Name: WTF am i doing wrong.png Size: 43 KB
A good strategy for trading is... the opposite of having a bad strategy.
  • #958
  • Jul 31, 2015 5:06am Jul 31, 2015 5:06am
Quoting PowerTrade
Can anyone tell me TF am I doing wrong??? I have a second MT4 and with other Grid version and it hasn't any problem. {image}
I think that is because of you clicked (change) timeframe or trying to open EA properties then clicked OK at least once. This has been discussed previously, and still an issue till now. Your re-creation will not work once you do all of those above.

Quoting slianto
Hi Radityo!, how you doing! lately my demo of GTLimit isn't going anywhere. lol. And so, I have friend who want to risk his 500$ for live testing of this EA. I would like to have your opinions before it start: 1. I would use tickmill ECN ( using initial lot = 0.01 ) 2. I will use your live testing setting (GTLIVE.set) 3. change my VPS machine time to Singapore Time GMT+8 (to make it easier to use with your setting) 4. Should I use the newest RdzGridTrap.v.1.6? is GTLIVE.set compatible with v.1.6? any other advice? thank you bro!
Have you tested GTLIVE before?
It was ran with ECN though, so should not have any problem. If you feel insecure, lower down the target and lot size (probably 0.01 as you said). GTLIVE is actually derived from GTLIMIT, lowered down.

Quoting spankworthy
Here is my demo that has been running since the beginning of July. http://www.myfxbook.com/members/Chil...r/grid/1319954
good result over there, man!
Waiting you to share set file to us...

Quoting IgotAplan
Radityo, don't matter how much i backtest, market always find a way to blow out my account, ehehe I think due lack of precision, when i backtest GTSTOP on the period that you started the results were completely different (blew the account with much lower profit return) Demo tests are way better but not perfect because of slippage and execution time. So i just started a Live test with the following setups. EURUSD Grid 50points. $2.9 TP per 0.01lot 65 orders each side Close by threshould to avoid blow account problem And than I ran 5 grids on the...
wheeew... does that mean you did backtest then started live?
Yes, man. Backtest will never simulate some of the important factors like dynamic spread, market conditions, and you must remember that you can't depend on history data since your PC or wherever it is may not have the complete historical data. Moreover, it can't simulate the holiday events, where we wanted to click on "Stop Next Cycle" when holiday starts.

Quoting PowerTrade
Hi friends... I've not wanted to ask this, because I've been waiting for itself to fix... But is this normal? it is a dail chart, it has like 10 days stuck by now, producing 40% DD... Is it normal? it has the GTSTOP setting, And as you can see, it's having profit on radyto's account, but in this, is totally a mess, it seems that it needs a huge pike or the opposite, and I really doubt now if it will survive. 78 open orders 50 pengind orders 128 total orders And the initial lots is 0.00001 so the lots in this account are 0.01, and it's already taken...
I would say "normal" since that is one of the limitations with grid.
Once you stuck into this situation, generally it is very hard to get out. That's why I've always say please divide your lot-size and target settings that was tested in demo by half or quarter. Or probably by 10. So you won't get into this situation.
If you ask me to code/fix your EA... it's probably not for free...
  • #959
  • Edited 7:21am Jul 31, 2015 5:36am | Edited 7:21am
CRAPPP...!
my GTSTOP won't recollect the history data again...
my GTCHUCRUT ROBOFOREX is blown already...
If you ask me to code/fix your EA... it's probably not for free...
  • #960
  • Jul 31, 2015 7:39am Jul 31, 2015 7:39am
Quoting dearest
{quote} I think so. The EA will start at 10:00 broker time, right at the beginning of London session i think. As per setup, the EA will doing only one cycle in a day. Am i right fxindikator?? I have question though fxindikator, did you push "Stop Next Cycle" button on friday after one cycle closed? Thanx in advance
yes indeed, the new cycle will start 10:00 broker time. it has multiple cycle not just once, and I down push the button at all. been run this on my VPS server, without any manual intervention, even I use Investor password while accessing the account on my PC.
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