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Trapping System: Grid

  • #1,181
  • Aug 21, 2015 10:33am Aug 21, 2015 10:33am
Quoting Justin
{quote} anzip, I am not sure if you shared your settings already for the GTmultipair account or not. I would appreciate if you could share it again. Thank you.
i'm not shared my setting before because a setting that i use is from andrew11617 or this link http://www.forexfactory.com/andres11617. You can read any his posted about Trapping System Grid. Just read posted by him start from post #969 until his last posted.
i just follow his setting and little improved. i improved set EA to avoid news.
here,
DateTimeType=0
DailyStartTime=00:00:00
DailyStopTime=23:00:00
StopTimeMode=0
OpenType=2
OrderOperation=1
OrderCountPerSide=4
LimitMaxOrderCount=true
MaxOrderCount=32
RecreationCountPerSide=3
LimitOrdersCount=1
RecreationThreshold=100
GridStepPoints=150
CurrentPriceInterval=50
MagicNumber=8888
InitialLotsType=0
InitialLots=0.03
InitialLotsMult=0.000025
CommentInfo=
ProfitTakingMode=0
TargetProfitDynamicBase=0
TargetType=0
TargetProfit=1
TargetProfitMult=0.004
StopLossDynamicBase=0
LossType=0
StopLoss=-100.0
StopLossMult=-0.0001
CloseType=0
MiddlePointRange=5
CloseMiddlePointAftOrders=0
CloseThreshold=50
CloseDirection=1
EnableMaxCycle=false
MaxCycle=0
CloseMode=0
CountRunningCloseEA=0
CheckIsCorrupted=false
StopNextCycleOnLoss=false
EnableNotification=false
  • #1,182
  • Aug 21, 2015 10:50am Aug 21, 2015 10:50am
Quoting radityo.ardi
Whoaaa... finally my Live account got stop out. This week is really weird for EURUSD limit. It was trending the whole night after Europe session closed till Tokyo open. Luckily it was only Cents account....
whoaaaa...me too. so sad.
but it's still in demo. After forward test since 6 july 2015 until today, EA was get profit 139%.
before 17 agt 2015
Initial lots type : Dynamic
Initial lots : 0,01
Initial lots Multiplier : 0,000025

After 17 agt 2015 i changed :
Initial lots type : Dynamic
Initial lots : 0,01
Initial lots Multiplier : 0,0001
i think i'm to greedy to use big lots

this is another forward test in demo with GT limit single pair EU.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_3.png Size: 26 KB
  • #1,183
  • Aug 21, 2015 11:34am Aug 21, 2015 11:34am
Quoting anzip
{quote} i'm not shared my setting before because a setting that i use is from andrew11617 or this link http://www.forexfactory.com/andres11617. You can read any his posted about Trapping System Grid. Just read posted by him start from post #969 until his last posted. i just follow his setting and little improved. i improved set EA to avoid news. here, DateTimeType=0 DailyStartTime=00:00:00 DailyStopTime=23:00:00 StopTimeMode=0 OpenType=2 OrderOperation=1 OrderCountPerSide=4 LimitMaxOrderCount=true MaxOrderCount=32 RecreationCountPerSide=3...
Great of you anzip, thank you so much. One more request if you don't mind, can you list the pairs you are comfortable with?
I know with limit orders the best pairs are the ranging ones but it's difficult to shortlist those ranging pairs.
So with your experience which ones you believe are the best for LO.
Thank you.
  • #1,184
  • Aug 21, 2015 5:28pm Aug 21, 2015 5:28pm
Quoting Justin
{quote} Great of you anzip, thank you so much. One more request if you don't mind, can you list the pairs you are comfortable with? I know with limit orders the best pairs are the ranging ones but it's difficult to shortlist those ranging pairs. So with your experience which ones you believe are the best for LO. Thank you.
already in my trade explorer
  • #1,185
  • Aug 22, 2015 12:40am Aug 22, 2015 12:40am
Quoting radityo.ardi
Whoaaa... finally my Live account got stop out. This week is really weird for EURUSD limit. It was trending the whole night after Europe session closed till Tokyo open. Luckily it was only Cents account....
Hey radityo.ardi!

Your GTSTOP myfxbook is looking phenomenal though! Have you started a live account on this yet?

Regards
  • #1,186
  • Aug 22, 2015 1:32am Aug 22, 2015 1:32am
Quoting Vlad13685
{quote} Hey radityo.ardi! Your GTSTOP myfxbook is looking phenomenal though! Have you started a live account on this yet? Regards
I have started Live, you can see on my Trade Explorer. One is based on the current demo GTSTOP, and one is Max, means lot size will be 1.5 bigger but keeping target the same.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,187
  • Aug 22, 2015 10:03am Aug 22, 2015 10:03am
Anyone know how i can convert csv to hst?
Want to learn how i can backtest.

Mvh Zolando
zolando
  • #1,188
  • Aug 22, 2015 10:33am Aug 22, 2015 10:33am
with the setting GTstop during this month i have a 25% of profit , and closing the operating at the 15:00 hours, very good so far. We have that limit order for down trends and the stop orders for up trends, but we need for both situations at the same time
  • #1,189
  • Aug 22, 2015 10:51am Aug 22, 2015 10:51am
Another grid system bust....

Forget it, grid Systems NEVER work regardless of it's settings.
Forex is a losers game.
  • #1,190
  • Aug 22, 2015 3:53pm Aug 22, 2015 3:53pm
yes, Grid System will never work if you run it all the time regarding market conditions. Sooner os later market will find a way to blow up the account.

But as a trade tool to profit from ranging market with Limit orders or trend market with stop orders, without greed and with a stop plan, i think radityo's EA has a great potential. You have to bring to the table good money management, market analysis and pay attention to news and fundamentals of currencies that are being traded.

At the moment i am testing it's limits and still building up some strategy to go live, and i strongly discourage who thinks this system will profit by itself with the right setup alone.
  • #1,191
  • Aug 22, 2015 8:53pm Aug 22, 2015 8:53pm
Quoting radityo.ardi
{quote} I have started Live, you can see on my Trade Explorer. One is based on the current demo GTSTOP, and one is Max, means lot size will be 1.5 bigger but keeping target the same.
dont be harsh on me... but is it possible for you to check the average cycles and when the majority of those occurred during a day (timespan) of your demo GTSTOP?

this would be interesting data to evaluate (in case possible of course as i dont know if its feasible....thats why i am asking not to be harsh on me ;-) )


for everyone else my experience so far...as i have been testing this EA extensively (with LO) although i believe not as such as andre has done from what i noticed

i dont know what the difference in "practice" are between LO vs SO... but the main result is that you need to find a way to regularly (weekly or even daily if possible) take profits out from the balance.

i have tested the EA with high spreads / low spreads / lowest spreads + commission ... the ideal situation so far (at least on demos) is that you have a broker who has low spreads + reasonable swaps (in case you have it run continuously)

also a good ATR pair is essential

ALL my demos so far one way or another went either bust or stalled (all the times because of a) recreationals not being created because of the bug -bare in mind that tests were with prior versions made- or/and b) "budget"/money mgt

its important i believe that a VPS service is used... doing it on home desktop environment is everything but ideal the smallest "hiccup" with your electricity/connection etc can get you in trouble (if you are in a live mode)

as far as money mgt is concerned i believe as long as you have a good leverage of 1:400 and above as well as having a 0.01 lots/200-250 eur/usd is a good option (remember its all about greed... the greediest you are the sooner the EA will get busted....and the less possible will be to "withdraw" from balance

all my tests were on EURUSD but i trust USDJPY could be a good alternative as both have a nice ATR (i dont know of others to be honest)

last but not least it would be nice to consider having an end of daily cycles at approx. 1900/2000 CET so that you ensure (as much as possible) that no cycles are running between 2300/2330-0130/0200 CET as this is the time area where volatility is at its minimum and spreads tend to widen.



i havent so far moved on with a live version once v1.7 is out and test it i believe i am going to make the move (finally as i am anxious ;-) )
  • #1,192
  • Aug 22, 2015 10:03pm Aug 22, 2015 10:03pm
Quoting radityo.ardi
{quote} I have started Live, you can see on my Trade Explorer. One is based on the current demo GTSTOP, and one is Max, means lot size will be 1.5 bigger but keeping target the same.
is your account wiped out last week ? did you analize the reason ?
  • #1,193
  • Edited Aug 23, 2015 2:23am Aug 22, 2015 10:50pm | Edited Aug 23, 2015 2:23am
My personal preference is to use Stop Orders rather than Limit Orders. They work better and provide better returns.
With LO if you catch a trend it will take ages for recovery but with SO sooner or later you will recover provided you have the right money management.
I currently run two live accounts one with LO and the other with SO. The LO account is on DD because of the trend move on EURUSD and still struggling for recovery. While the SO account is doing just fine.
You can also check my demo account under my signature running with SO and making profits.
  • #1,194
  • Aug 23, 2015 2:19am Aug 23, 2015 2:19am
Hi all
I have had a lot of fun with this EA...and i believe there is really good odds for this BOT to make us some profit. Im trading the pairs as shown in the pic and i also use Andres settings more or less with limit orders and different magic numbers. My BOT runs around the clock and all week. What i see is that it makes a lot of profit from the ranging markets...up and down, up and down..But when it comes to a really trending pair it loses big time. So what i would really like to test with this BOT is a stoploss taken effect when a pair moves out of the grid. The grid is what i call it when the prise is between the yellow lines. Would this be something worth implementing to this EA?
Just my thoughts
Thanks for your great work Radityo.Ardi and all others who is contributing
SunGaard
http://prntscr.com/87uw9s
  • #1,195
  • Aug 23, 2015 5:06am Aug 23, 2015 5:06am
Quoting IgotAplan
... At the moment i am testing it's limits and still building up some strategy to go live ...
Hello,
What do you mean by testing its limits? Once in loss do you just let it run and see what happens?

Quoting IgotAplan
... I set $100 stop loss but it never came near that. You must understand that is $100 loss PER PAIR. The biggest loss per pair i've seen was $40. The trades closed in loss was all manually.
I made the following little table from your TE open positions:
Attached Image

The -$2198 loss you have now are all floating loss that is made of open positions. This floating loss takes your account from +20% to -20%.
If the above mentioned $100 SL had worked you'd be more or less in -$669 loss, well above 0% line of your account.
Why did the $100 SL not kick in? Was the EA working incorrectly or did you override manually?

I myself see this 'system' only as a tool for getting into position(s). I think LO has and advantage over SO approach because there is a lot of ranging many times and live order execution (slippages) are in your favour in case of LOs. That is why I am interested in your approach.
It seemed to me your success came from selecting the ranging pairs well. So now I am just wondering why you would not cut the losing ones?
As with all trading systems the problem here is the same: once every ranging stops and so does every trend.
Thanks!
  • #1,196
  • Edited 8:08am Aug 23, 2015 7:58am | Edited 8:08am
Quoting Carpathian
{quote} Hello, What do you mean by testing its limits? Once in loss do you just let it run and see what happens? {quote}
yes i remove all the stop loss... i wanna see how far it handles adverse market.
It's a demo account and my intension is to tests strategies not profit.

On live account NEVER abandon a stop loss setup. grid systems has huge potential to blow accounts as we already experienced.
  • #1,197
  • Aug 23, 2015 8:07am Aug 23, 2015 8:07am
Quoting SunGaard
Hi all I have had a lot of fun with this EA...and i believe there is really good odds for this BOT to make us some profit. Im trading the pairs as shown in the pic and i also use Andres settings more or less with limit orders and different magic numbers. My BOT runs around the clock and all week. What i see is that it makes a lot of profit from the ranging markets...up and down, up and down..But when it comes to a really trending pair it loses big time. So what i would really like to test with this BOT is a stoploss taken effect when a pair moves...
already has it. in v1.7 there is close at target or threshold option.
  • #1,198
  • Aug 23, 2015 8:58am Aug 23, 2015 8:58am
Hi all!
Weekly update: live from 1 month, from 21 july untill today, the average is almost 2% for day. Total: more then 40%
Stop orders, only eur/usd with settings already posted. We'll see on the long run...

I think the key for a stable profit is the timing and not being greedy.
I use the EA only during London session untill NY open with fast cycles. Don't trade during NFP days and stop operate couple of hours before NY open if there will be a red news that day. The same if there are red news for the Eurozone.
1 - 2% for day is more than enought for me if it proves to be steady.

Meanwhile still testing different grid sizes on different pairs, with stop orders. I like gbp/jpy, it shakes lots of pips during the day.
Thanks radityo for the EA and everybody here to contribute with the thread.
Have nice days!
  • #1,199
  • Aug 23, 2015 11:38am Aug 23, 2015 11:38am
Quoting IgotAplan
{quote} already has it. in v1.7 there is close at target or threshold option.
What is Close Thresold? Is it equity thresold in % . Will start testing EURJPY and NZDJPY pairs as well. Interresting EA, see what is possible:
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 23 KB
  • #1,200
  • Aug 23, 2015 12:03pm Aug 23, 2015 12:03pm
Quoting chucrut
Hi all! Weekly update: live from 1 month, from 21 july untill today, the average is almost 2% for day. Total: more then 40% Stop orders, only eur/usd with settings already posted. We'll see on the long run... I think the key for a stable profit is the timing and not being greedy. I use the EA only during London session untill NY open with fast cycles. Don't trade during NFP days and stop operate couple of hours before NY open if there will be a red news that day. The same if there are red news for the Eurozone. 1 - 2% for day is more than enought...
Why should you stop trading during NFP and strong news?
If you are using stop orders then news is at your side. There will definitely be a strong movement in one direction and this is sufficient for you to gain profits.
As I understand it, Stop orders are for trending markets and Limit orders are for ranging markets. So you should be happy with strong movements in either side if you are using stop orders. You will come out as a winner whichever way the market goes.
Those who are using Limit orders should never ever trade during NFP or hot news.
Is my logic correct?
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