Trapping System: Grid | Page 85 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trapping System: Tunnel Martingale 476 replies

Grid - New indicator that replaces chart grid 60 replies

Grid (not grid system) or horizontal lines indicator 6 replies

Trapping System: Way to Fully-Automated Trading System 47 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Attachments: Trapping System: Grid
Exit Attachments

Trapping System: Grid

  • #1,681
  • Oct 16, 2015 2:45am Oct 16, 2015 2:45am
Hi all!
Finally i'm back home, so i can back to concentrate on this amazing EA.
I'm still using Stop Order during London Only with nice results. Almost 100% return in just a little more then couple of months.

Quoting radityo.ardi
.
I noticed that almost everyone is using Limit Orders now, they looks more stable. With Stop Orders i got some scary DD a couple of time, so since 3 days I put a demo with your GTLIMITEURUSD2 settings. I would like to continue use STOP orders, reducing my risk factor, the morning during London, and put on LIMIT the evening when London close, (your setting if i'm not wrong are 17:00 to 22:00 GMT right?) I saw that it uses close mode "Right in Start Point or Target Based" and i got some issues. I noticed this 2 scenarios and i would like to ask to you if i'm misunderstanding something ("Close Orders after X (Start Point)" = 2 ) ...

1 - For Example a Buy Limit get activated and the price goes in profit and activates a Sell Limit. The EA closes the 2 positions right there and not if the price comes back where the grid started.
2 - For Example a Buy Limit get activated and the price goes south to the next Buy Limit, sometimes if the price activates it and then goes just few points back the EA close the 2 positions there.

(I understand that "Right in Start Point" means where grid starts and not, if "Close Orders after X (Start Point)" is set to 2, where the X (in this case 2nd) orders get activated).

​I just downloaded the GTLIMITEURUSD2 settings and adjusted the time settings and cut by 2 lots and target moltiplier.
I attach my settings if you need to check them...
Really thanks to you and to all here for your effort!

Quoting Mrdj
.
Hi Mrdj,
Could i ask to you why you changed from Stop Orders to Limit Orders? And would you like to share your LIMIT settings?
Your explorer looks so good!
Thanks!
Attached File(s)
File Type: txt demo-GTLIMITEURUSD2.txt   < 1 KB | 303 downloads
  • #1,682
  • Oct 16, 2015 3:01am Oct 16, 2015 3:01am
Quoting chucrut
Hi all! Finally i'm back home, so i can back to concentrate on this amazing EA. I'm still using Stop Order during London Only with nice results. Almost 100% return in just a little more then couple of months.
Hi chucrut,
welcome back to this thread :-)
I have tried your settings some months ago. After using and experimenting with the "LIMIT" theory I would give it a try and do it the way you think about . Some hours work with "STOP" and some hours with "LIMIT". Would you please post your actual setfile and give us the information which account type, leverage and if you start with small balance or a lot of bucks in your account? You use version 1.7?

Thank you
  • #1,683
  • Oct 16, 2015 3:54am Oct 16, 2015 3:54am
Quoting radityo.ardi
{quote} ...So, with this broker's bonus + (GTLIMITEURUSD3 OR GTLIMITEURUSD4) + 1 stupid method = insane high return (hahaha.... not sure how it will be). The stupid method is like this....
hmmm...some stupid method that i will follow someday
now how about lot size and target, i mean, your original set for GTLIMIT2 a lot is 0,07 but i dont know how much your ballance when you set lot size 0,07.
if GTLIMIT3 = GTLIMIT2 x 10 = we use 0,07 x 10 = 0,7 lot,
so, how much minimum ballance if we set lot size = 0,7 ?
  • #1,684
  • Oct 16, 2015 5:00am Oct 16, 2015 5:00am
Quoting radityo.ardi
{quote} Hmmm.... Getting confused. Your case seems different compared to the other member you've pointed out. CMIIW. Yours, (as far as I understand), the price was trending so it executed 8 level, because of the price moves too fast, EA doesn't have time to close the sell limits that are still open. So, your issue here is the total time when trying to close all orders, it takes too long. Am I right? If yes, what I can answer is, it depends on how long broker took time to close 1 order. I have done my best to close all orders with these scenarios:...
Yeah I like to be different

I will try to make it clearer.
Price was moving up, the EA was opening sells, I had 8 open, price retraced very quickly and went straight past the take profit level and opened 4 buy positions on the way down.
So I had the 8 sell positions in profit and 4 buy positions in drawdown.
I took the EA off the chart and closed the in profit 8 sell positions manually, luckily the price retraced and I was able to close the 4 buy positions in profit.
This has only happened twice in the few weeks I have been using the EA and only when price moves so fast or jumps on news announcement.

Before anyone says, of course I try to have the EA switched off before/during red news announcements, this day the EU decided to trend at night even with no news.
It happens from time to time.

Ping is around 88 ms.
I am in the UK, broker in Australia, server in NY.

Here is a tool for measuring the trade execution times of your broker. Hope someone finds it useful.
Oddly my live account is quicker than the 3 demo accounts I have running.
Attached File(s)
File Type: zip ExTest-ForExpat.zip   10 KB | 332 downloads
  • #1,685
  • Oct 16, 2015 5:18am Oct 16, 2015 5:18am
Quoting Bullilulli
{quote} Hi chucrut, welcome back to this thread :-) I have tried your settings some months ago. After using and experimenting with the "LIMIT" theory I would give it a try and do it the way you think about . Some hours work with "STOP" and some hours with "LIMIT". Would you please post your actual setfile and give us the information which account type, leverage and if you start with small balance or a lot of bucks in your account? You use version 1.7? Thank you
Hi,
I'm on ActivTrades, normal account, spread on EU is avg 0.8 pips. Lev 400:1. Even if the EA looks amazing and with tremendous possibilities I did not put too many bucks in a EA test that is running only since this summer, I'm with the idea that if it works good it will grow them...so just let it run and withdraw to cover your risks...
My set file is still the same of last one posted (post #1033), and still using EA v1.2(post #1038) - (Meanwhile for the LIMIT i'm using the new 1.7). Basically didn't change from old posts...
  • #1,686
  • Oct 16, 2015 5:18am Oct 16, 2015 5:18am
Quoting chucrut
Hi all! Finally i'm back home, so i can back to concentrate on this amazing EA. I'm still using Stop Order during London Only with nice results. Almost 100% return in just a little more then couple of months. {quote} I noticed that almost everyone is using Limit Orders now, they looks more stable. With Stop Orders i got some scary DD a couple of time, so since 3 days I put a demo with your GTLIMITEURUSD2 settings. I would like to continue use STOP orders, reducing my risk factor, the morning during London, and put on LIMIT the evening when London...
heeeheheeey... bro! Welcome back!

Thanks for being faithful with this thread... hahaha... a lot of things went through. Even 2 of my STOP live account blew already.
Same here, I want to start STOP orders again later on, with limited time, just for studying purpose. I feel like I know how to tackle issues with LIMIT, although a today and yesterday got some hiccups, but still not that bad.

OK, regarding your question, overall. Try to focus on Close Type. The setting in GTLIMITEURUSD2 is set to "Right in Start Point or Target Based".
Since it is OR logic, that means, either it reaches the Start Point OR it reaches the target.
The moment reaches 2nd order (whichever way), as long as target fulfilled, it will close. If the target not reached, as long as price reaching start point, it will close. Otherwise, it will stay as it is.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,687
  • Edited 6:10am Oct 16, 2015 5:28am | Edited 6:10am
Quoting anzip
{quote} hmmm...some stupid method that i will follow someday now how about lot size and target, i mean, your original set for GTLIMIT2 a lot is 0,07 but i dont know how much your ballance when you set lot size 0,07. if GTLIMIT3 = GTLIMIT2 x 10 = we use 0,07 x 10 = 0,7 lot, so, how much minimum ballance if we set lot size = 0,7 ?
Here.
Attached File(s)
File Type: txt GTLIMITEURUSD3.set.txt   < 1 KB | 379 downloads

Attached File(s)
File Type: txt GTLIMITEURUSD4.set.txt   < 1 KB | 367 downloads


Not slightly 10x, but it was from 0.00007 to 0.0005.
LIMIT3 was started with $100, LIMIT4 was started with $50.

My point is, I want to find out a way to get the trade faster, but I don't want to run the whole time.
Should run only limited time, once monthly profit reached, then
If you ask me to code/fix your EA... it's probably not for free...
  • #1,688
  • Edited 6:05am Oct 16, 2015 5:40am | Edited 6:05am
Quoting radityo.ardi
{quote} heeeheheeey... bro! Welcome back! Thanks for being faithful with this thread... hahaha... a lot of things went through. Even 2 of my STOP live account blew already. Same here, I want to start STOP orders again later on, with limited time, just for studying purpose. I feel like I know how to tackle issues with LIMIT, although a today and yesterday got some hiccups, but still not that bad. OK, regarding your question, overall. Try to focus on Close Type. The setting in GTLIMITEURUSD2 is set to "Right in Start Point or Target Based"....
Yeah, i saw that last night EU moved a lot retracing only hours later!
So if i'm understanding what your are saying is that "right in start point" is not the price where the grid started but the price of the X order opened ("Close Orders after X").
So in a example of "Close Orders after X" = 2 (in your GTLIMITEURUSD2 it is set on 2 right?) it will close all the orders in the cases:
A) Target reached
B) Price try to retrace over the price of the second order opened
??

EDIT : In other words, basically, what i'm trying to understand is if "Right in the start point" means the middle of the grid, the price where up start Sell Limits and down start Buy Limits. Because i noticed that it close all the orders when it open a 2nd order (Close Orders after X = 2), right in the price of the 2nd order, not when the price go back to the middle (the point where the grid started).
Hope we can understand each other! Ahaha
  • #1,689
  • Oct 16, 2015 5:47am Oct 16, 2015 5:47am
Quoting normtold
{quote} Yeah I like to be different I will try to make it clearer. Price was moving up, the EA was opening sells, I had 8 open, price retraced very quickly and went straight past the take profit level and opened 4 buy positions on the way down. So I had the 8 sell positions in profit and 4 buy positions in drawdown. I took the EA off the chart and closed the in profit 8 sell positions manually, luckily the price retraced and I was able to close the 4 buy positions in profit. This has only happened twice in the few weeks I have been using the...
Hmmm.... I'm quite don't understand, I mean, I want to know the settings you are using.
If you use GTLIMITEURUSD2, even if 8 sells executed and retraced back, logically what will happen is (in slow motion):
- it will close based on the target / take profit first. Why? Generally, 8 sells executed, when retraced back to (let's say) 4th or 3rd sells from inner, it should normally reach the target profit first. At this point, the order closure triggered.
- assuming 8 orders x 400 ms = 3200 ms (3.2 secs total).
- Price moving too fast, it triggers 4 buys. If it reaches the opposite, that means it has gone past the middle point. At this time also it will trigger closure.
- I mean, definitely you got already 2 triggers pulled. 1 is from target profit, 1 is from start point.
- While the closure still in the process (closure should already in process, since target is reached / or passing start point)
Now, at this stage, did you manage to observe that the orders are closed one by one?

If not triggered, that means, you may probably changed the target too high with the current lot size we have in GTLIMITEURUSD2.

At this point, I can't suggest anything than playing around with the settings.
Closing the opposite order when it is not supposed to be closed, is premature. I'm affraid there will be (many) bugs that is not related with this feature, but the core issue is because of the implementation of this feature.

Quoting normtold
Here is a tool for measuring the trade execution times of your broker. Hope someone finds it useful. Oddly my live account is quicker than the 3 demo accounts I have running. {file}
Thanks for the tool, bro. We all may need it. I'll see whether I can put it on the first thread.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,690
  • Oct 16, 2015 6:01am Oct 16, 2015 6:01am
Quoting chucrut
{quote} Yeah, i saw that last night EU moved a lot retracing only hours later! So if i'm understanding what your are saying is that "right in start point" is not the price where the grid started but the price of the X order opened ("Close Orders after X"). So in a example of "Close Orders after X" = 2 (in your GTLIMITEURUSD2 it is set on 2 right?) it will close all the orders in the cases: A) Target reached B) Price try to retrace over the price of the second order opened ??
No. Let me explain.

You were right, "Start Point" or "Middle Point" is the point where the cycle starts.
I really should change the name actually. "Close Order After X Points" means, it will affect the "Start Point" closure logic.

Let us say we set as current, 2 for "Close Order After X", and target profit is set to $1000 (let us assume higher target profit to understand how it works).
In slow motion, what will happen is,

Scenario 1 (Middle Point):
- Cycle starts, no open orders.
- price goes up, 1 sell is now open.
- price goes down, reaching the middle point.
- since the total open order is only 1, EA ignore it.
- price goes down again, reaching 1 buy then opens. At this point, your profit is only $30.
- Now, 2 orders opened, price then goes up again, reaching middle point.
- Since "Close Order After X" is 2, and the price reaching middle point, then EA closes all orders.

Scenario 2 (Middle Point):
- Cycle starts, no open orders.
- price goes up, 1 sell is now open.
- price goes up, 1 another sell is now open.
- Now, 2 orders opened, price then goes down, reaching middle point.
- Since "Close Order After X" is 2, and the price reaching middle point, then EA closes all orders.

Scenario 2 (Target Profit):
- Cycle starts, no open orders.
- price goes up, 1 sell is now open.
- price goes up, 1 another sell is now open.
- price goes up, until 20 another sells is now open.
- Now, 22 orders opened, price then goes down, not reaching middle point yet but the target is reached ($1000).
- Since target profit is reached, then EA closes all orders.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,691
  • Oct 16, 2015 6:04am Oct 16, 2015 6:04am



If only this were Live account...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 61 KB
If you ask me to code/fix your EA... it's probably not for free...
  • #1,692
  • Oct 16, 2015 6:16am Oct 16, 2015 6:16am
Quoting radityo.ardi
{quote} No. Let me explain. You were right, "Start Point" or "Middle Point" is the point where the cycle starts. I really should change the name actually. "Close Order After X Points" means, it will affect the "Start Point" closure logic. Let us say we set as current, 2 for "Close Order After X", and target profit is set to $1000 (let us assume higher target profit to understand how it works). In slow motion, what will happen is, Scenario 1 (Middle Point): - Cycle starts, no open orders. - price goes up, 1 sell is now open. - price goes down, reaching...
REALLY THANKS MATE!
So, i thought the same. I thought the closure method "RIGHT IN THE START POINT" with "CLOSE ORDERS AFTER X" work right in the way you perfectly explained.
BUT
now that we have clarify how it should work, i try to explain to you the problem that i noticed.

The EA closed all the order (a cycle) not in "START POINT" (middle of the grid) but at the price of the second opened order:
1) cycle start
- buy limit activated, price go north (in profit)
- sell limit opened
- EA close all in the moment of the 2nd order opening (not if price back to middle point)

2) cycle start
- buy limit activated, price go south (in loss)
- 2nd buy limit activated, if price go thought nothing happen (works normally, if still go south it will activate others buy limits and close on "target based")
- but if the price just with a single tick come back to the price of the 2nd buy limit the EA close all the orders

Do you know what could be the problem?
Really thanks for the support!
  • #1,693
  • Oct 16, 2015 6:59am Oct 16, 2015 6:59am
Quoting chucrut
{quote} REALLY THANKS MATE! So, i thought the same. I thought the closure method "RIGHT IN THE START POINT" with "CLOSE ORDERS AFTER X" work right in the way you perfectly explained. BUT now that we have clarify how it should work, i try to explain to you the problem that i noticed. The EA closed all the order (a cycle) not in "START POINT" (middle of the grid) but at the price of the second opened order: 1) cycle start - buy limit activated, price go north (in profit) - sell limit opened - EA close all in the moment of the 2nd order opening (not...
It happens that way, because,
before reaching the middle point, it already satisfied the target profit.
After the 1st order executed, it went to the opposite, target almost achieved. Once the 2nd opposite order executed, it tries went back to middle point, but target based on TP is fulfilled, then it closed all orders.

That is why I was explaining about OR logic. OR means either Target Based OR Start Point (of course combined with After X).
If you ask me to code/fix your EA... it's probably not for free...
  • #1,694
  • Oct 16, 2015 7:05am Oct 16, 2015 7:05am
Quoting JoshuaHope
{quote} Hey Radyito. It kinda reminds me of this idea and ea. http://penguintraders.com/forums/top...t-ea-ever-lol/ As far as I know, the strategy did not work particularly well. A friend tested it in detail with many settings...when put on real market, bleed out eventually. Best, Josh
It didn't work well. I've coded for that. Oh well...

Seems like sticking to the current strategy, refine it......, refine it... that would be the best option...
If you ask me to code/fix your EA... it's probably not for free...
  • #1,695
  • Edited 9:11am Oct 16, 2015 7:44am | Edited 9:11am
Quoting radityo.ardi
{quote} It happens that way, because, before reaching the middle point, it already satisfied the target profit. After the 1st order executed, it went to the opposite, target almost achieved. Once the 2nd opposite order executed, it tries went back to middle point, but target based on TP is fulfilled, then it closed all orders. That is why I was explaining about OR logic. OR means either Target Based OR Start Point (of course combined with After X).
Yeah, i totally understand your point and how it works.
But the fact is that it happens to me that it closes not when reach target profit, for this i was asking to you...
I have more than clear how works the close logic and i really appreciate all your effort trying to explain me everything.
Try to take a look at this, with the GTLIMITEURUSD2 lot and TP multiplier cut by 2 it uses 0.02 for 3.98$ in my test account.
It didn't reach the TP and it didn't went back to middle point, but it closed the cycle when the price went back to the price of the 2nd order executed

Attached Image (click to enlarge)
Click to Enlarge Name: 3.png Size: 47 KB

Attached Image
Attached Image
  • #1,696
  • Oct 16, 2015 8:05am Oct 16, 2015 8:05am
Quoting radityo.ardi
{quote} It didn't work well. I've coded for that. Oh well... Seems like sticking to the current strategy, refine it......, refine it... that would be the best option...
hello what is the version and where do I find the EA that you are using?
  • #1,697
  • Oct 16, 2015 8:07am Oct 16, 2015 8:07am
If im not wrong.. Limit is for market sideways. Stop is for market trending.

A Few month ago i used stop order, but blewn up like Radityo (Demo) and now i use GTLimiteurusd2 and stable. But a little problem for me is until 7.00 (GMT+7) it give me average profit 0.7%, so i always add it 1 or 2 cycle and often keep floating (DD 2.8%) until opening london session. In long term, im not sure this methods will give good result as always because sometimes trending in Asian session. if i doube the lot, then i will get double profit? and the drawdown is double too?
  • #1,698
  • Oct 16, 2015 8:44am Oct 16, 2015 8:44am
Quoting radityo.ardi
{quote} It didn't work well. I've coded for that. Oh well... Seems like sticking to the current strategy, refine it......, refine it... that would be the best option...
Hey Radityo, maybe it did not work, but it was a good idea. Remember, its not a failure...Edison said this when people asked him about his failures to produce a light bulb, "I have not failed a 1000 times, I only discovered 999 times of how not to make a light bulb."
The problem with the current strategy is that using a linear lot, it takes too much to get out when trade does not close and goes the other way. Maybe the next step is to consider some sort of a lot increase, or perhaps a variable step? Like, if you split the grid into two, market goes example up, doesn't close and reverses. Once PA hits the 0 line, all sell orders are removed(initially both grid steps are the same-default), are replaced with a tighter step orders. (Not too much as the market can always go back) Just brainstorming. However, I am convinced that implementing an SL will not be successful, at least in terms of profitability.
Best, Josh
  • #1,699
  • Oct 16, 2015 8:58am Oct 16, 2015 8:58am
Quoting Given1988
{quote} hello what is the version and where do I find the EA that you are using?
Hello! You can find latest EA V1.8 at http://rdzgridtraps.codeplex.com/
  • #1,700
  • Oct 16, 2015 9:58am Oct 16, 2015 9:58am
Quoting chucrut
{quote} Yeah, i totally understand your point and how it works. But the fact is that it happens to me that it closes not when reach target profit, for this i was asking to you... I have more than clear how works the close logic and i really appreciate all your effort trying to explain me everything. Try to take a look at this, with the GTLIMITEURUSD2 lot and TP multiplier cut by 2 it uses 0.02 for 3.98$ in my test account. It didn't reach the TP and it didn't went back to middle point, but it closed the cycle when the price went back to the price...
Hmmmm.... it didn't happened to me. Maybe I was wrong. Let me check on it and simulate.

well, at least it doesn't give me loss...
If you ask me to code/fix your EA... it's probably not for free...
1 trader viewing now