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Trapping System: Grid

  • #1,241
  • Aug 26, 2015 5:10am Aug 26, 2015 5:10am
how does chuck norris grid work? thank
  • #1,242
  • Aug 26, 2015 11:33am Aug 26, 2015 11:33am
Quoting bolsistico
how does chuck norris grid work? thank
Chuck Norris knows all the ticks that ever came and will come around in the universe.
  • #1,243
  • Aug 26, 2015 12:46pm Aug 26, 2015 12:46pm
Quoting Carpathian
{quote} Chuck Norris knows all the ticks that ever came and will come around in the universe.
lolololololololololol
A good strategy for trading is... the opposite of having a bad strategy.
  • #1,244
  • Aug 26, 2015 2:10pm Aug 26, 2015 2:10pm
Nice EA, Lot's of work put into this guy!

Can someone explain the effect of Middle point range (from ask and bid). What does it do and how does it work.
Also; close orders after X = close the order say 50 pointer after middle point range?
Close threshold = close after 50 open order in one direction or both combined?
  • #1,245
  • Aug 26, 2015 11:38pm Aug 26, 2015 11:38pm
Quoting Carpathian
{quote} Hello Justin, What happened to your TGS-TFAU demo account? Have you analyzed what the reason for the big drawdown is? I am asking because I am looking for reasons why the grid trading can go wrong so that I can avoid them. Thanks! Aron
Two reasons:
1. High lot size. The recommended is 0.01 per 500$ while my account started with 0.09 for 3K$ (it should have been 0.06)
2. The trending movement of eurusd during the last two days caused this DD for the stop orders strategy.
Let us see how it far it goes.
  • #1,246
  • Aug 26, 2015 11:50pm Aug 26, 2015 11:50pm
Quoting Justin
{quote} Two reasons: 1. High lot size. The recommended is 0.01 per 500$ while my account started with 0.09 for 3K$ (it should have been 0.06) 2. The trending movement of eurusd during the last two days caused this DD for the stop orders strategy. Let us see how it far it goes.
And even this way... could go wrong
A good strategy for trading is... the opposite of having a bad strategy.
  • #1,247
  • Aug 27, 2015 12:52am Aug 27, 2015 12:52am
Quoting PowerTrade
{quote} And even this way... could go wrong
Exactly......
  • #1,248
  • Aug 27, 2015 3:28am Aug 27, 2015 3:28am
Quoting Justin
... Let us see how it far it goes.
Have you not got some stop-out strategy in place? You could set up some stop-out amount in the EA afaik.
Is your trading idea that a grid system should always resolve itself in (some) profit in the end?
Or what was the reason for letting it go this time?
Thanks!
  • #1,249
  • Aug 27, 2015 6:06am Aug 27, 2015 6:06am
Quoting Carpathian
{quote} Have you not got some stop-out strategy in place? You could set up some stop-out amount in the EA afaik. Is your trading idea that a grid system should always resolve itself in (some) profit in the end? Or what was the reason for letting it go this time? Thanks!
Well, its a demo. Let it ride all the hurdles to see the worst case scenario. Nothing to lose really.
If you noticed the gain was at +80% then came down to -25% and now its on +51%
  • #1,250
  • Aug 27, 2015 7:52am Aug 27, 2015 7:52am
backtest it and last it blow account

so ,need set timelimit and avoid NEWS EVENT

demo forward test
  • #1,251
  • Aug 28, 2015 7:21am Aug 28, 2015 7:21am
Quoting Justin
Well, its a demo. Let it ride all the hurdles to see the worst case scenario. Nothing to lose really. If you noticed the gain was at +80% then came down to -25% and now its on +51%
Yeah, I see today it is around 70%.. however even if it 'survives' would you be comfortable going live with such huge swings (drawdowns) in the account?
  • #1,252
  • Aug 28, 2015 8:18am Aug 28, 2015 8:18am
Quoting Carpathian
{quote} Yeah, I see today it is around 70%.. however even if it 'survives' would you be comfortable going live with such huge swings (drawdowns) in the account?
In my live account I use a ratio of 0.01 for every 1000$ and it works very well on eurusd only.
I am convinced that this strategy will work provided you have the right money management.
My recommendation is to use Stop orders only with eurusd and slowly build your funds.
The demo account you see under my trade explorer is quite aggressive and I will never ever think of using it with real money unless my initial deposit is 10K.
  • #1,253
  • Aug 28, 2015 8:26am Aug 28, 2015 8:26am
Quoting Justin
... The demo account you see under my trade explorer is quite aggressive and I will never ever think of using it with real money unless my initial deposit is 10K.
Thank you for the info!
  • #1,254
  • Aug 28, 2015 9:32am Aug 28, 2015 9:32am
Dear Radityo.ardi
I am receiving following e-mail message from FxPro.

"It was noted through your recent trading that you are continuously requesting to open or close orders at previous or wrong prices; this is usually due to an Expert Advisor which is sending delayed/non-existent prices on the FxPro platform. It negatively affects the order execution process both for you and other market participants. We strongly recommend to revisit your trading EA/script and make necessary changes
Correcting your Expert Advisor should result in your account no longer affecting execution process and improved fills for your system."

I checked details under EXPERT tab and I noticed repeated errors as per attached screenshot. Could you help to find out how to avoid this problem?

Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot ea issue copy.png Size: 371 KB
  • #1,255
  • Aug 28, 2015 10:55am Aug 28, 2015 10:55am
Hi Radityo.ardi,

I noticed your GTSTOP Live had a big drawdown today, but your GTSTOP on myfxbook did not. Are you using different settings on the different accounts? Or is it just because of account size?

Thanks

Vlad
  • #1,256
  • Aug 31, 2015 4:39pm Aug 31, 2015 4:39pm
Hi Radityo.ardi,

Nice job. Can you add on your last version a max spread function to give option to allow buy or sell stop only if price level is touch by price and spread is under max level ?
Thks a lot.
Tof
Enter Signature
  • #1,257
  • Edited 7:21pm Aug 31, 2015 6:10pm | Edited 7:21pm
Hello Mr. Radityo
I have a excellent idea, its about you system "Trapping System: Grid" and fusion another system "Daily95pips".
These two systems are similar, but with look back hours and closing all the cycle when one order was hit, its will make the difference.
We have testing with 99% of backtesting and we supose that with that changes its gonna work...
P.D. The code of the daily95pips is a mess, but it works!
Here are the settings!
Attached Image (click to enlarge)
Click to Enlarge Name: Daily95pips Improvement pic.png Size: 19 KB
Attached File(s)
File Type: mq4 Daily95pips.0.4.mq4   8 KB | 451 downloads
Best of pips for every one
  • #1,258
  • Sep 1, 2015 10:24am Sep 1, 2015 10:24am
Quoting auvergnat78
Hi Radityo.ardi, Nice job. Can you add on your last version a max spread function to give option to allow buy or sell stop only if price level is touch by price and spread is under max level ? Thks a lot. Tof
very good, for example, open a cycle only on R/S
  • #1,259
  • Sep 1, 2015 1:08pm Sep 1, 2015 1:08pm
after reading this thread and finally understanding the EA. I have been running some back tests for past 4 weeks to see its full potential if configured correctly.
Attached Image (click to enlarge)
Click to Enlarge Name: 3k to 100k.gif Size: 13 KB


ran it over 12 months from last aug to today.
  • #1,260
  • Sep 1, 2015 2:25pm Sep 1, 2015 2:25pm
Quoting cyberevil
after reading this thread and finally understanding the EA. I have been running some back tests for past 4 weeks to see its full potential if configured correctly. {image} ran it over 12 months from last aug to today.
Hi,
Can you show your set please?
Tof
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