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Trapping System: Grid

  • #1,481
  • Sep 30, 2015 8:51pm Sep 30, 2015 8:51pm
Quoting budim2006
Anybody can help how to set the lot sizing ?? How about if I want the lotsize into 0.002, 0.003, 0.004? I think it is related to "Initial lot size" and "Lot size multiplier", but cannot understand the formula behind it. anybody can explain the formula ? Thanks alot.....
I hope you didn't expect lot size to be 0.002 on first grid, then 0.003 on second grid. Basically all lot size are fixed, in the sense, once lot size calculated, it will be applied across all grid.

Initial Lot size is where you can set the lot size fixed, without calculating from the current balance. Normally you would need to set Lot Size Type to Fixed.
But if you want EA calculate based on your current balance, you need to set Lot Size Type to Dynamic. Then it will calculate current balance x Lot size multiplier = your lot size.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,482
  • Sep 30, 2015 8:52pm Sep 30, 2015 8:52pm
I have clicked "Continue" again in the EA.
So, EA will continue it's duty again on the next rolling time.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,483
  • Sep 30, 2015 9:01pm Sep 30, 2015 9:01pm
Quoting braveh4rt
Hi Radityo, I see in v1.5 when close order, it close from outside to inside of the grid. How if close order from near the price to outside. If slow close an the price hit the Pending order when cycle close, then what happend? And also i still tinkering with the close of the cycle in limit order. My close type is right in start point or target type. The case is when 1st limit order hit, and then price back / profit. it just profit a little. Let say 10 points from its original open point. is this defaul behaviour ? And what is the purpose of Middle...
You can check this: https://rdzgridtraps.codeplex.com/wi...20and%20Bid%29
Then I may need to see your settings.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,484
  • Sep 30, 2015 9:05pm Sep 30, 2015 9:05pm
Quoting anuj20jain
Which one is ideal? stop orders/ limit orders/ few limit orders?
To me, limit actually is the ideal one. I still can try to avoid trading on major news release to avoid issues.

Stop is also good, but at some point of time, you'll get stuck in minus for a quite long time, then it'll wipe your account.
The problem is, maybe the settings is not refined yet. I haven't tried to refine the settings yet, but will do that in future.
Another issue in Stop orders, is the slippage, is your new enemy...
If you ask me to code/fix your EA... it's probably not for free...
  • #1,485
  • Sep 30, 2015 9:08pm Sep 30, 2015 9:08pm
Quoting slianto
{quote} okay bro. btw why do you stopped your GTLIMITEURUSD2 (Live) ? any view to share?
I was still playing with withdrawing depositing... (just to play with the broker... hahahaha...)
So, that resulting me in All Time Return downed again to 11%.
If you want to see total gain from start to end, see in this link: https://www.myfxbook.com/members/rad...2-live/1331193

It is 141% already!
46% for August, and 64% for Sept!
Dunno when this account will be wiped... (ooops...)
If you ask me to code/fix your EA... it's probably not for free...
  • #1,486
  • Oct 1, 2015 12:28am Oct 1, 2015 12:28am
Quoting radityo.ardi
{quote} I was still playing with withdrawing depositing... (just to play with the broker... hahahaha...) So, that resulting me in All Time Return downed again to 11%. If you want to see total gain from start to end, see in this link: https://www.myfxbook.com/members/rad...2-live/1331193 It is 141% already! 46% for August, and 64% for Sept! Dunno when this account will be wiped... (ooops...)
lets hope not bro. at least stay safe, keep withdrawing on certain amount. so no regret.
do you run the EA full week from monday-friday? or skip monday and friday?
  • #1,487
  • Oct 1, 2015 1:10am Oct 1, 2015 1:10am
Quoting slianto
{quote} lets hope not bro. at least stay safe, keep withdrawing on certain amount. so no regret. do you run the EA full week from monday-friday? or skip monday and friday?
In the setting, I skip Monday and Friday.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,488
  • Oct 1, 2015 1:41am Oct 1, 2015 1:41am
Quoting radityo.ardi
{quote} In the setting, I skip Monday and Friday.
okay bro, btw what about some news (red) like FOMC statement or fed speaks that usually announced at around after midnight 1-3 in the morning where the EA is running ? do you skip this too or what?
  • #1,489
  • Oct 1, 2015 1:45am Oct 1, 2015 1:45am
Quoting slianto
{quote} okay bro, btw what about some news (red) like FOMC statement or fed speaks that usually announced at around after midnight 1-3 in the morning where the EA is running ? do you skip this too or what?
Basically if it is FOMC, I would totally avoid it.
Fed speaks, 1 is fine I think but if Fed speaks plus with another high impact news, then avoid.

Out of that, should be ok.
I'm not 100% sure yet, but I think need to find out.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,490
  • Oct 1, 2015 3:55am Oct 1, 2015 3:55am
Hi Radityo.ardi, thank you for your great EA. how much for intial deposit for GTLIMITEURUSD2?
  • #1,491
  • Oct 1, 2015 4:15am Oct 1, 2015 4:15am
Hello radityo.ardi,

first of all, thank you very much for sharing this EA. It is nicely written (clean code), following easy to understand grid system, well customizable.

I have a philosophical question about the lot sizing. I have 1000 currency units on my account. I plan to trade EURUSD. From your experience, which of the 2 would you prefer:

1/ Use 0.01 initial lot to limit the risk in case the market goes against me? This would allow me to suvive longer ...
2/ Use 0.1 initial lot to increase the account faster if the market cooperates. This would allow me build the equity faster ...

What is your opinion?

While I have your attention: many other EAs of this quality are fine trading multiple currencies on the same account. The Branches\v1.7\RdzGridTraps.mq4 requires Unique ID to be different per currency, otherwise the button "force close" affects all orders of all currencies and there is then a mess. What is your opinion on this thing? Is this intended behavior?

Thank you again for the EA and your possible reply. Best regards,

Vlado
  • #1,492
  • Oct 1, 2015 5:15am Oct 1, 2015 5:15am
Hi Radityo,
i starting forward test again from last week ago with v 7(with day). i set for limit only, but today my vps has been restarted and my mt4 is close. After that, EA eror and no open order again. Would you fix that? thanks
picture and my set below.
my set :
DateTimeType=0
DailyStartTime=00:00:00
DailyStopTime=23:00:00
WeeklyStartDay=1
WeeklyStartTime=00:00:00
WeeklyStopDay=5
WeeklyStopTime=23:00:00
UseGVStartStop=false
GVStartStopKeyword=GT
StopTimeMode=0
OpenType=2
OrderOperation=1
OrderCountPerSide=2
LimitMaxOrderCount=false
MaxOrderCount=0
RecreationCountPerSide=2
LimitOrdersCount=3
RecreationThreshold=150
GridStepPoints=150
CurrentPriceInterval=150
MagicNumber=1234
InitialLotsType=0
InitialLots=0.03
InitialLotsMult=0.0001
CommentInfo=
ProfitTakingMode=0
TargetProfitDynamicBase=0
TargetType=0
TargetProfit=1.0
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

*ussually i turn off EA before news release
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 16 KB
  • #1,493
  • Oct 1, 2015 5:26am Oct 1, 2015 5:26am
Quoting vlado
Hello radityo.ardi, first of all, thank you very much for sharing this EA. It is nicely written (clean code), following easy to understand grid system, well customizable. I have a philosophical question about the lot sizing. I have 1000 currency units on my account. I plan to trade EURUSD. From your experience, which of the 2 would you prefer: 1/ Use 0.01 initial lot to limit the risk in case the market goes against me? This would allow me to suvive longer ... 2/ Use 0.1 initial lot to increase the account faster if the market cooperates. This would...
Hi Vlado, welcome!

Thanks, bro... As a matter of fact, I can't stand to write dirty code (and of course reading it... ). I'll be easily lost when trying to fix something, then I'll say "F*CK it, I'll go to sleep..."

Regarding lot size, better slowly but sure. 0.01 probably the best option rather than 0.1. Then once you analyze the impact after testing, you can resize up gradually. The problem with this strategy (as also noted by some of this thread subscribers), is where you got stuck on your position, or either big drawdowns, finally the whole account got wiped.
I think this strategy is a good learning tool for beginner (like me), to understand the wisdom of "don't be greedy"... hehehehe....

If you see GTLIMITEURUSD2, when I did the backtesting, it was like giving me 10% - 15% monthly. But when I started implement the same thing, it was more than that (Sept 2015 in total 64% profit... it pays off). So, it may take sometime to "recognize" the best setting for us.
Another factor is, the account type, need to really see deeeeep down inside what are the "terms and conditions", like leverage, max open orders, even dynamic leverage and stop out / margin call level.
Unless you are a full time trader, then you can go ahead planning with larger lot size, get the right time to decide to start, and even start the trade manually using this EA.

Regarding multi trading in one account, yes, it does support.
But remember, this is kind of basket trading, not a single order trading. If you run 1 chart, 1 EA, and 1 setting, that is considered as 1 strategy (name it A, on EUR/USD). You run another, that is another strategy (name it B, on GBP/JPY) even though it is on the same account. You wouldn't want to think that you want to close all strategies at the same time, am I right? Your strategy A may be profit, but B? May or may not. In total profit if you close it all, you may get profit, you may not get profit. So that is the reason, we segregate the trading with unique numbers. So, it will not crash each other.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,494
  • Oct 1, 2015 5:30am Oct 1, 2015 5:30am
Quoting anzip
Hi Radityo, i starting forward test again from last week ago with v 7(with day). i set for limit only, but today my vps has been restarted and my mt4 is close. After that, EA eror and no open order again. Would you fix that? thanks picture and my set below. my set : DateTimeType=0 DailyStartTime=00:00:00 DailyStopTime=23:00:00 WeeklyStartDay=1 WeeklyStartTime=00:00:00 WeeklyStopDay=5 WeeklyStopTime=23:00:00 UseGVStartStop=false GVStartStopKeyword=GT StopTimeMode=0 OpenType=2 OrderOperation=1 OrderCountPerSide=2 LimitMaxOrderCount=false MaxOrderCount=0...
Have you tried to close the chart (it will also close the EA), then load up the same settings?

If after you tried, you don't see the yellow line in outer grid, can you also get me the dump of Experts tab and Journal tab?

* note: if you feel both contains confidential data, send it to my mailbox.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,495
  • Oct 1, 2015 5:46am Oct 1, 2015 5:46am
Hi radityo.ardi,

thanks for your reply.
Quoting radityo.ardi
0.01 probably the best option rather than 0.1. Another factor is, the account type, need to really see deeeeep down inside what are the "terms and conditions", like leverage, max open orders, even dynamic leverage and stop out / margin call level.
Thanks. This is a good point.

Quoting radityo.ardi
Regarding multi trading in one account, yes, it does support. But remember, this is kind of basket trading, not a single order trading. If you run 1 chart, 1 EA, and 1 setting, that is considered as 1 strategy (name it A, on EUR/USD). You run another, that is another strategy (name it B, on GBP/JPY) even though it is on the same account. You wouldn't want to think that you want to close all strategies at the same time, am I right? Your strategy A may be profit, but B? May or may not. In total profit if you close it all, you may get profit,...
I was probably not clear enough. I am demo testing this on EURUSD and USDJPY in parallel because they have the smallest spread with my broker. If I click on "Force close" I definitely only want to close that one particular currency (i.e. not the whole basket). My point was that this does not work unless Unique ID is different between EURUSD and USDJPY. I have tested other EAs where the Magic Number is set simply to 0 and then the EA is only taking care of the currency it is running on.

Never mind, for real life I will probably stick to EURUSD since my account is small.

Thanks. Vlado
  • #1,496
  • Oct 1, 2015 5:57am Oct 1, 2015 5:57am
Quoting vlado
Hi radityo.ardi, thanks for your reply. {quote} Thanks. This is a good point. {quote} I was probably not clear enough. I am demo testing this on EURUSD and USDJPY in parallel because they have the smallest spread with my broker. If I click on "Force close" I definitely only want to close that one particular currency (i.e. not the whole basket). My point was that this does not work unless Unique ID is different between EURUSD and USDJPY. I have tested other EAs where the Magic Number is set simply to 0 and then the EA is only taking care of the currency...
That is because that EA is binding its transaction based on the currency pair. That is why it is not mixed.
I would only bind it based on Unique number, due to the fact that some people may want to test different strategy on the same currency.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,497
  • Oct 1, 2015 6:05am Oct 1, 2015 6:05am
Quoting radityo.ardi
I would only bind it based on Unique number, due to the fact that some people may want to test different strategy on the same currency.
Thanks. Makes sense. Vlado
  • #1,498
  • Oct 1, 2015 7:00am Oct 1, 2015 7:00am
Quoting radityo.ardi
{quote} That is because that EA is binding its transaction based on the currency pair. That is why it is not mixed. I would only bind it based on Unique number, due to the fact that some people may want to test different strategy on the same currency.
The close all base on magic number right, otherwise will close the other order maybe manual or other EA order.

Maybe vlado use the same magic number on each EA Grid running.
Look for it and you will find it
  • #1,499
  • Oct 1, 2015 10:15am Oct 1, 2015 10:15am
Quoting radityo.ardi
{quote} Have you tried to close the chart (it will also close the EA), then load up the same settings? If after you tried, you don't see the yellow line in outer grid, can you also get me the dump of Experts tab and Journal tab? * note: if you feel both contains confidential data, send it to my mailbox.
yes i was tried to close my mt4 in my vps and start my mt4 again and EA still working (vps not restart). Only today when my vps restarted, my mt4 is close, and when i starting my mt4, EA got nitification error like below.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_4.png Size: 19 KB
  • #1,500
  • Oct 1, 2015 2:03pm Oct 1, 2015 2:03pm
Nice thread ! Very interesting.

What are your current exact GTLIMITEURUSD2 settings ? Can't find'em.

Thanks !
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