Trapping System: Grid

[quote=IgotAplan;8423823]I have just set a trade explorer with a new idea I would like to share and test. The first days i was adapting the EA but its running free for 1 day now. (including NFP event) It's a based on Radityo's EA, limit orders with a basket of currencies. ....

Hi IgotAplan, I am close to live as well, tested over a month different options and especially the gride size for LO. Some of my accounts are running setup on this picture. Grid less than 150 points for LO EA I would not recomend contrary maybe wider, accounts survived yesterdays GBPUSD deep drop. When on live, comfotable might be to reduce a bit lot size and mybe wider grid. My pairs are GBPUSD, NZDUSD,USDCAD,
Andres

Thanks for sharing this information andres, you got great ROI, but your lot/balance are quite aggressive, is it $100 per 0.01 lot? (i calculate 1500 balance / 3 pairs / 0.05 lots). Mine is 5x less leverage. And your TP are $0.7 per 0.01lot as well.

I don't think i will ever use that leverage but i am going to test some reduction on TP ratio, not as low as you have but i am thinking $1.5 or $1.0 per 0.01 lot to see if i can have better ROI...

I also enjoy using more simultaneous pairs. I am using right now AUDCAD, AUDJPY, AUDNZD, AUDUSD, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, GBPUSD, NZDCAD, NZDUSD and USDJPY. At the moment a few pairs (mostly EUR) are breaking range (4 out of 13, or ˜30%), and the others are keep on cycling and even if i stop the ones in trouble now, the down draw is less than the day's profit.

If using only 3 pairs when one break range you have 33% stuck, if 2 breaks you have 66%, and it's not impossible to think that all 3 can break range and you will be stuck or forced to stop all with a considerable down draw.

Do you have any stop loss strategy? Right now i am using manual stop loss, but it's a Demo. On live i would like to have some stop loss strategy to save capital but not compromise ROI. Radityo said it's considering a stop next after stop loss feature in the next version. I like this idea a lot because on back tests i did, when a pair hits one stop loss it tends to hit one or more times. (due longer trends). If the EA stops after a stop loss we can wait for the pair so stop trending to run it again. I would feel more comfortable to run it on Live after manage this setup.

radityo.ardi Are u only trade on London Time on GTLIMIT Or Tokyo ?

2 hrs after London closed for about 8-9 hrs.

how about GMT you set, chucrut?

it's mean, you trade at 15.00 - 23.00 GMT+8, am i right?

I'm GMT +1

that was for GTSTOP, for LIMIT order is not good when you trade at that time.

noted.
than what hour set to GTLimit?
btw, what the GTMiX? hehehe

Thanks for share yours experiences.

I test EA with GTLIMIT.set

My server is in GMT +2

EUR/USD works well with good results but not the other pairs.

Trades and performances are different in TF M1, M5, M15 or H1

The best performances are in H1

¿It is normal or I am doing something wrong?

Hi,

What does this error mean?

Regards

Vlad

Dear Folks,
Would someone please help me and share some images of the chart with the closed trades shown on it of a cycle (LIMIT orders!) ending with profit and one ending with loss.

Thank you,
Áron

If this helps....

There is no difference in time frames with this EA. If you backtested the difference is in the historical data.

Thanks Andres!

Is it correct to say that there are as many complete cycles on the chart as the number of backward pointing triangles? Because a backward pointing triangle is where the position(s) were closed, isn't it?
And when there are more than one dotted lines pointing to a backward triangle it means several open positions were closed at the same time and their net PL gave the end result of the cycle, didn't it?

What is going to happen with all the open sell positions (four) visible on the chart above 1.55? When will they be closed? What if price does not retrace enough, will they be closed in a loss?

Thank you,
Aron

Hi guys

Is there anyone using Stop Loss on GTSTOP (especially on EURUSD)?
How much the ratio of SL that you set compare to balance? And how much you set for the safest TP?

Thanx

hi,

whenever i shut down my computer and restart ir GTSTOP starts creation of new orders ,although the old orders are running.
how to avoid this situation.

If the computer is on then there is no problem .

pls suggest.

Hi Carpatian, all answers -yes. These GBPUSD positions are still open. Showing you from the same account how USDCAD basket closed. I am using on one account simultaneusly 3 pairs and can add one pair if needed it deppends on the situation but mostly not needed during my several month tests, Andres.

Some of my testing details, period 24h, from agressive to less ...,with lot= 0.05, on different accounts TP3.5 / 3.0 / 2.5 and with lot size 0.02, TP1.0 and lot 0.03, TP1.5 . Noticed that during Asian period accounts grows abt 20% from the day groth, most relaxing profit. Hope someone will share its interresting findings and ideas.

Hi IgotAplan, above my responds to Carpathian I showed my numbers and testing style. I prefer to have 3 pairs not more, I can add pairs if needed. If one pair get stucked I can add pair(s) but it deppends on the situation. About stop loss. I would preffere an equity proctection mechanism, EA or smth, all deppends on money manament and the risk you can take. If radityo can implement such equity protection option I don't now?