Trapping System: Grid

@I got A plan, thanks for the reply and I get the impression that we do face similar experience, either with the testing or in a live environment.

As we look to the pair EUR/USD ... we know that since June last year we are in a bear market means that every short orders would win, sooner or later till we gone to 1.05. Now looks more to a range 1.05 to 1.15.

I am sorry but I am not a good computer programmer and can not compete with the Author ... I changed the EA with an Statistic Module,
Start EA Equi 5000 USD, lotsize 0.05. I did increase the lotsize with every buystop order with 0.01 and I increase the starting lotsize depends on the Equi. Running time only 2.00 to 3.00 AM (Servertime?) for Open and Close check. I close every order with a minus of 300 USD or other test 100 USD and close every win with a 100 USD. If I close a buy/sell, I put buystop sellstop with Ask + or - 0.00700 and lastorderlots (the one I close) plus 0.1

Everything run smooth till April 2015, see the stats (some errors are in the buystop, sell stop lot stats) that means I run from 5000 USD to 17.000USD (June14 to April15)

2015.04.08 02:00 grid trader v 1 06 EURUSD,M5: open #6860 sell stop 0.50 EURUSD at 1.02443 ok
2 23:55:13 2015.04.08 02:00 grid trader v 1 06 EURUSD,M5: open #6861 buy stop 0.50 EURUSD at 1.14301 ok
2 23:55:13 2015.04.08 02:00 grid trader v 1 06 EURUSD,M5: open #6862 sell stop 0.51 EURUSD at 1.02193 ok
2 23:55:14 2015.04.08 02:36 Tester: order #6814, sell 0.27 EURUSD is opened at 1.08193
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: ====V 01 06 ======= Equi=17441.33959999999================== Time=2015.04.08 03:00:00============Ask=1.08254==========================================
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: ===================== History Data History Data ==============================================================
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: buy profit History =-8168.770000000005 rf_buy =290 rf_buy_lots= 57.31000000000007
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: sell profit History=21378.28999999999 rf_sell =355 rf_sell_lots=68.03000000000003
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: sum_profits History=12458.97960000002 sum_lots=2112.04
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: =========================================================================================================
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: =================== Aktuell Data Aktuell Data ==============================================================================
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: buy Aktuell =0.0rf_buy =0 rf_buy_lots =0.0
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: sell Aktuell=-16.47rf_sell =1 rf_sell_lots=0.27
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: buylimits =0 buylimit_lots=1721.790000000111
0 23:55:14 2015.04.08 03:01 grid trader v 1 06 EURUSD,M5: buyStops =25 buystop_lots=3427210.809956096

and everything went down to EQUI 10.000, means from April to Juli 7.000 USD Equi gone. I still have to understand the reason why and try it with rescue orders

2015.07.15 03:00 grid trader v 1 06 EURUSD,M5: sellStops =24 sellstop_lots=6075354.079938498
0 23:56:07 2015.07.15 03:00 grid trader v 1 06 EURUSD,M5: sum_profits =-214.1264 sum_lots=15.25
0 23:56:07 2015.07.15 03:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
2 23:56:07 2015.07.15 03:45 grid trader v 1 06 EURUSD,M5: close #10907 buy 0.21 EURUSD at 1.10607 at price 1.09911
0 23:56:07 2015.07.15 03:45 grid trader v 1 06 EURUSD,M5: buylimit sellimit MINUSprofit rescue versuch bei Ask=1.09919
2 23:56:07 2015.07.15 03:45 grid trader v 1 06 EURUSD,M5: open #10951 buy stop 0.31 EURUSD at 1.10619 ok
2 23:56:07 2015.07.15 03:45 grid trader v 1 06 EURUSD,M5: open #10952 sell stop 0.41 EURUSD at 1.09219 ok
2 23:56:08 2015.07.15 16:50 Tester: order #10904, sell 0.20 EURUSD is opened at 1.09499
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: ====V 01 06 ======= Equi=9907.799999999988================== Time=2015.07.16 02:00:00============Ask=1.09594==========================================
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: ===================== History Data History Data ==============================================================
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: buy profit History =-13416.63 rf_buy =501 rf_buy_lots= 108.0899999999998
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: sell profit History=19926.13 rf_sell =544 rf_sell_lots=114.9499999999999
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: sum_profits History=5206.34480000001 sum_lots=3503.819999999999
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: =================== Aktuell Data Aktuell Data ==============================================================================
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: buy Aktuell =-301.97rf_buy =3 rf_buy_lots =0.5700000000000001
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: sell Aktuell=10.45rf_sell =2 rf_sell_lots=0.39
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: buylimits =0 buylimit_lots=2071.640000000133
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: buyStops =22 buystop_lots=5888687.919926237
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: selllimits =0 selllimit_lots=4788.389999999982
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: sellStops =24 sellstop_lots=6099974.73993741
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: sum_profits =-298.5448 sum_lots=15.76
0 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
2 23:56:08 2015.07.16 02:00 grid trader v 1 06 EURUSD,M5: close #10905 buy 0.20 EURUSD at 1.10357 at price 1.09577

Joshua, you are right, my point is that in the testing environment, it shows to me the situation the EA runs good and other situation that there are some problems. Nobody do see the future and can not tell that the same situation might happen again like the following example that starts the problems in April 15 and gone bancrupt, Start Equi in June14 USD 5000, peak Equi 7.500, grid size .00025 in ECN. If you are live, sooner or later it could happen again so you should have an plan how to deal with.
As we know, with a different grid size you already do get different results, even with a time limit that you run the EA only 2 hours per day.

buy Aktuell =4027.45rf_buy =30 rf_buy_lots =5.850000000000001
0 08:39:02 2015.06.04 05:00 grid trader v 1 06 EURUSD,M5: sell Aktuell=-8555.940000000002rf_sell =27 rf_sell_lots=5.130000000000001
0 08:39:02 2015.06.04 05:00 grid trader v 1 06 EURUSD,M5: sum_profits =-4765.021200000001 sum_lots=12.0
0 08:39:02 2015.06.04 05:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
0 08:39:02 2015.06.04 06:00 grid trader v 1 06 EURUSD,M5: ====V 01 06 ======= Equi=3108.071999999983================== Time=2015.06.04 06:00:00============Ask=1.12666==========================================
0 08:39:02 2015.06.04 06:00 grid trader v 1 06 EURUSD,M5: buy profit History =-19690.47999999999 rf_buy =1444 rf_buy_lots= 108.319999999999
0 08:39:02 2015.06.04 06:00 grid trader v 1 06 EURUSD,M5: sell profit History=24273.14000000001 rf_sell =1658 rf_sell_lots=143.7899999999993
0 08:39:02 2015.06.04 06:00 grid trader v 1 06 EURUSD,M5: sum_profits History=2826.293199999999 sum_lots=602.0400000000101
0 08:39:02 2015.06.04 06:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
0 08:39:02 2015.06.04 06:00 grid trader v 1 06 EURUSD,M5: buy Aktuell =4407.700000000001rf_buy =30 rf_buy_lots =5.850000000000001
0 08:39:02 2015.06.04 06:00 grid trader v 1 06 EURUSD,M5: sell Aktuell=-8889.389999999999rf_sell =27 rf_sell_lots=5.130000000000001
0 08:39:02 2015.06.04 06:00 grid trader v 1 06 EURUSD,M5: sum_profits =-4718.221200000001 sum_lots=12.0
0 08:39:02 2015.06.04 06:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
0 08:39:03 2015.06.04 07:00 grid trader v 1 06 EURUSD,M5: ====V 01 06 ======= Equi=3133.991999999984================== Time=2015.06.04 07:00:00============Ask=1.12702==========================================
0 08:39:03 2015.06.04 07:00 grid trader v 1 06 EURUSD,M5: buy profit History =-19690.47999999999 rf_buy =1444 rf_buy_lots= 108.319999999999
0 08:39:03 2015.06.04 07:00 grid trader v 1 06 EURUSD,M5: sell profit History=24273.14000000001 rf_sell =1658 rf_sell_lots=143.7899999999993
0 08:39:03 2015.06.04 07:00 grid trader v 1 06 EURUSD,M5: sum_profits History=2826.293199999999 sum_lots=602.0400000000101
0 08:39:03 2015.06.04 07:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
0 08:39:03 2015.06.04 07:00 grid trader v 1 06 EURUSD,M5: buy Aktuell =4618.299999999998rf_buy =30 rf_buy_lots =5.850000000000001
0 08:39:03 2015.06.04 07:00 grid trader v 1 06 EURUSD,M5: sell Aktuell=-9074.070000000002rf_sell =27 rf_sell_lots=5.130000000000001
0 08:39:03 2015.06.04 07:00 grid trader v 1 06 EURUSD,M5: sum_profits =-4692.301199999999 sum_lots=12.0
0 08:39:03 2015.06.04 07:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
0 08:39:03 2015.06.04 08:00 grid trader v 1 06 EURUSD,M5: ====V 01 06 ======= Equi=3114.551999999982================== Time=2015.06.04 08:00:00============Ask=1.12675==========================================
0 08:39:03 2015.06.04 08:00 grid trader v 1 06 EURUSD,M5: buy profit History =-19690.47999999999 rf_buy =1444 rf_buy_lots= 108.319999999999
0 08:39:03 2015.06.04 08:00 grid trader v 1 06 EURUSD,M5: sell profit History=24273.14000000001 rf_sell =1658 rf_sell_lots=143.7899999999993
0 08:39:03 2015.06.04 08:00 grid trader v 1 06 EURUSD,M5: sum_profits History=2826.293199999999 sum_lots=602.0400000000101
0 08:39:03 2015.06.04 08:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
0 08:39:03 2015.06.04 08:00 grid trader v 1 06 EURUSD,M5: buy Aktuell =4460.35rf_buy =30 rf_buy_lots =5.850000000000001
0 08:39:03 2015.06.04 08:00 grid trader v 1 06 EURUSD,M5: sell Aktuell=-8935.56rf_sell =27 rf_sell_lots=5.130000000000001
0 08:39:03 2015.06.04 08:00 grid trader v 1 06 EURUSD,M5: sum_profits =-4711.741199999998 sum_lots=12.0
0 08:39:03 2015.06.04 08:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
0 08:39:03 2015.06.04 09:00 grid trader v 1 06 EURUSD,M5: ====V 01 06 ======= Equi=3114.551999999982================== Time=2015.06.04 09:00:00============Ask=1.12675==========================================
0 08:39:03 2015.06.04 09:00 grid trader v 1 06 EURUSD,M5: buy profit History =-19690.47999999999 rf_buy =1444 rf_buy_lots= 108.319999999999
0 08:39:03 2015.06.04 09:00 grid trader v 1 06 EURUSD,M5: sell profit History=24273.14000000001 rf_sell =1658 rf_sell_lots=143.7899999999993
0 08:39:03 2015.06.04 09:00 grid trader v 1 06 EURUSD,M5: sum_profits History=2826.293199999999 sum_lots=602.0400000000101
0 08:39:03 2015.06.04 09:00 grid trader v 1 06 EURUSD,M5: =========================================================================================================
0 08:39:03 2015.06.04 09:00 grid trader v 1 06 EURUSD,M5: buy Aktuell =4460.35rf_buy =30 rf_buy_lots =5.850000000000001
0 08:39:03 2015.06.04 09:00 grid trader v 1 06 EURUSD,M5: sell Aktuell=-8935.56rf_sell =27 rf_sell_lots=5.130000000000001
0 08:39:03 2015.06.04 09:00 grid trader v 1 06 EURUSD,M5: sum_profits =-4711.741199999998 sum_lots=12.0

Hi Radityo Ardi, hi guys

I've been forward testing the EA for a week now with tickmill classic demo. Looks good and safe as i only run one cycle per day. Havent use VPS though LOL. And still play around with Grid Step, Price Interval, Lots Multiplier & Target Multiplier on GTSTOP.
I plan to testing at least one month (or more) on demo than i might continue to live account.
I have a couple newbie question though
1. What's the different between classic account & ECN account (tickmill for example) on the slippage. Does ECN has less slippage than Classic? Can we modified something on the setfiles to avoid fail orders bcs of slippage? Which one do you recommend for live acc, Classic or ECN?
2. Do you have any references of VPS server provider if i trade from indonesia and use tickmill?

Thanx

Slippage ... is the tricky ... for example, you place a Stop Loss Order EUR/USD with 1.10 and the market is 1.09999, that means that your order will be execute WITH the next availlable price, if the next price is 1.08000 and it is 1.08000 for you and not 1.10 as you have in mind. If the next price is 1.12 then good for you.
Or in other words, if you go to the market and you will buy 10 apples but there are only 3 available for 2 euro, you get the three for 2. For the next seven the one selling it might sell it to you but fetch it from his cool storeroom, and for this service he might sell with a higher price as let me say 2.50.
On the other hand, if market close and he still have 20 to sell, he could sell it to you for 1.50.
My English is not that kind of good, do hope you can understand what I mean.

If you like a real example, then look back for EUR/CHF at Jan 15 the time the Swiss National Bank given up the floor of 1.20, very plenty of traders gone out with a very, very high red ink on the account as some Brokers did not trigger any Stop Loss order. Robofroex triggered everything even one hour later to a good market price.

As you can learn from this, if there is no demand in the pair you are trading with, you can loose everything and more if you choose the wrong Broker.

With the mayor currencies you might not fall in this pitfall, but with the other pairs in a thin markets it could/would be possible. In a volatile market with news from Draghi definitely. My experience with Roboforex, at the end of the day it might be a 60:40, some for the broker, some for you.

ECN versus other account, my experience with Roboforex ... with ECN you are closer to the markets money provider like big banks, with the other account types you do trade against the broker as the money maker.
I like for the live testing the robo cent accounts as 1 lotsize is 1.000 USD, so 0.01 lot is 10 USD.
With the ECN ... 1 lot is 100.000 USD and 0.01 is 1000 USD.
VPS is free with Robo as long you have minimum EQUI and trade a minimum lot size. The spread with ECN and other accounts differ. ECN do have a tighter spread but you have to pay commission.

Hi there :o)
For Tickmill i am using ECN. That means (as i understand it) that the broker wont trade against you and your trades are executed with no influence from your brokers dealingdesk. I might add that i traded with TM for a long time even since they were Armada markets and a lot of withdrawels...havent ever had any problems with them.
VPS: I am using Tagadab ( http://www.tagadab.com ). I have 2 VPS with them and have only experienced under 5 downperiods in the last 3 years or so. They are located in London. I have 2 deals with them. First is my private one, its an 1024 MB memory VPS and that one costs me 17.99 a month. Second one is a dedicated server for my business, its an 4096 MB memory flash disk and that one costs me 68.99 a month. Both are running windows server 2008.
Hope you can use the info
SunGaard

Try adding EURCHF in your basket. It's the most correlated pair, the biggest risk is SNB intervention. must have a stop loss strategy

Thanx a lot for the answers & info SunGaard

You know, this ea work's with stop and limit orders?
When you know it, you know you don't need the best vps.

Dear Radi and All,

I came here from the other thread Tunnel Martingale. I myself have experimented and studied this concept so I find this topic interesting.
This Grid Trap is also a similarly nice idea and I would say so similar that it can be considered as a subversion of tunnel martingale. This in essence is a widening tunnel martingale concept with all its advantages and disadvantages.

(EDIT 3 Aug: I just realized I made some mistake in the calculation so I just change the figures and images now.)
Let me illustrate how I see it with the images attached. The number in the filenames show 1st, 2nd, 3rd day; 1 gridstep is about 80 points (8 pips). Thus max. floating loss during the 3 days is 49x80=3920 pts.

It is widening as the 'neutral' zone gets bigger and bigger with new pairs of buy and sell positions opening. The widening tunnel has the advantage over a constant width one that an extended time of price ranging will not cause you further costs as price crosses the SAME level(s) again and again. On the other hand the widening of the tunnel itself can accumulate big losses/costs requiring quite a move away from one edge of the tunnel at the end of the day.
It can easily become a trap you get locked in as the tunnel is getting wider and wider thus the final move needed for BE becoming proportionally bigger and bigger. So big that it may not happen at all, or you may need to take too much risk.
Rough calculations show that in order to get to BE you'll need a 2.5-3 times bigger move on the 'winning' side compared to the size of the 'losing' side.

This all leaves you with the need to start the cycle at the 'right time or place' which in turn takes you back to trying to anticipate future market moves, which cancels out the beauty of the concept 'market will lead my way I only need to follow' also making automation less workable.

Regards,
Aron



Then you had a weekend here (24-27 Jul)...

And then 'what if' the following 2 days...

That's exactly my view on this EA, I am focus in different strategies and on EURUSD i have spread risks over few different grid setups.
But i would like to spread also other Pairs and i liked your approach to limit orders. I will start looking for pairs that do not move much, but i always like to think about what can go wrong and how to minimize damage in the account.
The biggest issue on limit orders is when a certain pair decide to trend longer. We can set a stop loss in this case but if the trend continues it will keep hitting stop loss over and over if we don't stop manually... a dangerous situation.

What i can think of is if @Radityo can program the EA to stop next once the EA hits stop loss, and in this case we need to re-start manually. That way we can analise and decide if we want to give the pair some time to settle dow, change pair, or star over again.... what you think? it's possible?

Cheers

Thanx bro for the explaination

I had this pair maybe will try later again. The pairs should be ranging, low spread and not correlated like in the picture

Awesome day today....$3000 demo account with JFD. High commision: $2.56 on 0.32 lotsize so very good results :o)
http://www.forexfactory.com/sungaard#acct.95

Hi SunGaard
I just run Tickmill ECN Demo started today (Depo 500, Lev: 1:500). Doing one cycle EA. The profit for one cycle is good except the commission eats up the profit.
Do you have the same experience with ECN acc? I wonder if with bigger Grid Step will reduce it bcs less orders executed means less commission in quantity?

Thanx in advance

That one is very simple.....Change your Profit Taking Mode ....to.....WITH Commisions and Swap

To keep up with sharing information, My live account is running great, few limit orders are still cycling...
2 few limit orders still were the best cycling
4 few order is ok
6 few orders are stuck for 1 day now.

I have stoped the GTStop setup.

Running down draw were very low during the hole period, i will keep up watching for a month and increase lot/$ if i feel comfortable.
ROI is low comparing to other accounts using this EA but still excellent to me. Probably 5% over a week. I will hit stop next for NFP.

I am testing the Limit orders strategy (like andres11617) picking multiple pairs (5 or 6) that has low movement history and stop before big news (like AUD pairs last night). This looks very promising and i will feel comfortable to run on Live account if possible to add stop next after stop loss is triggered feature.
These setup is presenting low running down draw with incredible ROI.

Cheers

Thanx SunGaard

Hi IgotAplan

Do you run the few limit orders set only at low volatile time or you just keep going?
Would you please share your setting

Thanx

I just keep running 24/5. I hit stop next of Friday morning to avoid weekend gaps, and I plan to hit stop next before NFP this week. It's a Live account better be safe.

My settings are close to radityo GTSTOP.

50 points grid, 33 orders each side stop by threshold (the broker has 200 orders limit)
2.5$/0.01lot and 0.01lot /$1500 balance.
I use 3 EA on the same pair, EURUSD.
2 few limit order
4 few limit order
6 few limit order

I just hope the balance grows more than stop by threshold events. But i do monitor the account a lot to avoid dangerous situations.
Market is ranging a lot and the setup looks solid. I only fear big swings events, hope i can manage when it happens.

I just started yesterday a demo test following the steps of fxindikator using ver 1.4 & his settings shared earlier. Things are looking quite promising, already in profit.
I need to see how it will go with my broker for a month before deciding to go live.
One thing I am not happy with, I had to shut-down & restart my MT station while the EA was running.
After restarting, the EA closed ALL opened trades (luckily it was in profit), deleted ALL pending orders and started a new cycle.
Is this normal?
Does this mean that every time the station is re-started for any reason the EA will close the current cycle and start a new one? This is a bit worrying.
I hope radityo.ardi or anybody else can explain.