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Trapping System: Grid

  • #1,741
  • Oct 19, 2015 12:31am Oct 19, 2015 12:31am
Quoting PowerTrade
{quote} Yes it is. In fact, I get the bonus because of an internal transfer (I'm still 800 away from 1k, I know I'll reach it, remember). And I wanted to ask: Is there any software, that I could use to make drawings in MT4 or similar, so I can upload it here? I want to ask or suggest something for the EA. And I know I can be a mess if I write it
do you have issues like the ones in screenshot?

http://prntscr.com/8suju0

because i seem to get them all the time and also have you compared XM with other brokers? so far i get the worse results on XM (although their loyalty bonus thing can be quite rewarding and ending you trading up with minimum to "no risk" at all)
  • #1,742
  • Oct 19, 2015 1:08am Oct 19, 2015 1:08am
Quoting radityo.ardi
{quote} I got it coded already, it will read from the lot step (which is in your case will be 0.1 instead of 0.01). So, I will use mod operator, Lot size will be = 0.11 - (0.11 mod 0.1) = 0.11 - 0.01 = 0.1 It will be rounded down.
cool bro. but it can't rounded up?
i.e lot size = 0.16 - (0.16 mod 0.1) = 0.16 - 0.06 = 0.1

it would be great if 0.16 could be rounded up to 0.2

but well that's okay i guess. rather than error and stuck

thanks bro
  • #1,743
  • Oct 19, 2015 1:51am Oct 19, 2015 1:51am
Quoting Mrdj
{quote} I wanted write the same as radityo. {quote} Of course. Work together, like said KGP^, for better future
for me the issue that we have all together to work out is the optimal grid steps distance.

i believe there is the answer to have a safest setup.

before anyone replies stating that money mgt is most important...i believe this has been "resolved" to being max at 0.01 lot per 100/200 balance (talking about USD or EUR as currency) for a very low risk setup
  • #1,744
  • Oct 19, 2015 2:05am Oct 19, 2015 2:05am
Quoting KGP
{quote} do you have issues like the ones in screenshot? http://prntscr.com/8suju0 because i seem to get them all the time and also have you compared XM with other brokers? so far i get the worse results on XM (although their loyalty bonus thing can be quite rewarding and ending you trading up with minimum to "no risk" at all)
Yes, but it is not usual, I think it's because of the speed of trading sometimes, remember their spread is 1.7~ and maybe it makes it closer to the first pending order, notice that always the orders not taken, are they ones that are closer of initial point.

I choosed XM, because they look so professional, but I've realized that with little money they are not the best, I should have choosed Roboforex.

But man, I'm planning to have lots of money in the future, so a mix of my technique in one account, and one excellent EA in another (Radytos is the only one EA in the world) should make it =)
A good strategy for trading is... the opposite of having a bad strategy.
  • #1,745
  • Oct 19, 2015 2:23am Oct 19, 2015 2:23am
Quoting PowerTrade
{quote} But man, I'm planning to have lots of money in the future, so a mix of my technique in one account, and one excellent EA in another (Radytos is the only one EA in the world) should make it =)
no worries just asking because using this EA and also taking the opportunity to test something else i happened to test more than 20 brokers and lately i am testing XM, roboFX and admiralmarkets

from these 3 ones
roboFX and XM have very good loyalty bonuses... XM has the best (if you ask my opinion) but roboFX seems to fair better overall

so far my favorite is activtrades because of the very low spreads (0.7 - 1.1 most of the time on majors but most of the times one eurusd/usdjpy is under 1) and and i believe on a live account you could end up with free VPS (because they provide you with loyalty bonuses which you can exchange with such services)

the only drawdown is that activtrades server some times during the day "blacks out" for a few secs to few minutes... (and i believe i am not the only one facing this)...


london capital group and ADSSecurities would be my favorite over activtrades if only they have 0.01 increments and also most importantly negative protection
  • #1,746
  • Oct 19, 2015 2:35am Oct 19, 2015 2:35am
Quoting radityo.ardi
{quote} This issue is fixed now, in v1.8. The fact that I was using buggy code in Live account is tempting me to convert this bug into "feature".... hahahaha.... (I'm now starting like an IT project manager). I'll have another options for the bug, "Target Based OR Max Open Order in Profit".
Ahah nice mate! Like you said: at least is not closing with a loss. And its faster then "Right in Start Point"
But it could close the cycle also with a loss. Well, it depends from what you mean with "Max Open Orders in Profit".

"Max Open Orders in Profit" = EA can close the cycle if there are X orders that are individually in profit.
For example, "Max Open Orders in Profit" = 2
If the price goes directly through 8 limit orders and then it starts to retrace, when there will be the last 2 orders with a gain it will close the cycle with 2 orders in profit but 6 in loss. The cycle got closed with a minor loss. Kind of Stop Loss...

"Max Open Orders in Profit" = EA can close the cycle if there are X open orders and the basket is in profit.
This second one i think is better, and it is more similar to the bug i have experienced.
For Example, "Max Open Orders in Profit" = 2
If the price goes directly through 8 limit orders and the it starts to retrace, it won't close all when the last 2 orders will be in profit but when the basket profit will be > 0 and minimum 2 orders are open. it won't close with a loss but with a 0$ cycle. So, just thinking, developing this second feature could be great have 2 options:

1) "Max Open Orders in Profit" = EA can close the cycle if there are X open orders and the basket is > Minimum Profit
2) "Minimum Profit" = If there are more then X open orders the basket could be get closed with this minimum profit and not with 0

"Minimum Profit" could be standard set at half of Target Profit for example.
If the price opens too many order we allow the EA to close the cycle with a half of the Target Profit. It would be safer, we need an half of the original retracement needed...and then coming back to my "bug", now it would be allowed: 1 buy and 1 sell, the sum is in profit so ok, take off from the table small profit and start again! Don't care if was not Target Profit, Faster then right in start point!

Hope you understand what i mean!
  • #1,747
  • Oct 19, 2015 2:44am Oct 19, 2015 2:44am
Quoting KGP
{quote} no worries just asking because using this EA and also taking the opportunity to test something else i happened to test more than 20 brokers and lately i am testing XM, roboFX and admiralmarkets from these 3 ones roboFX and XM have very good loyalty bonuses... XM has the best (if you ask my opinion) but roboFX seems to fair better overall so far my favorite is activtrades because of the very low spreads (0.7 - 1.1 most of the time on majors but most of the times one eurusd/usdjpy is under 1) and and i believe on a live account you could end...
Thanks for all of your advice, I'll pm you to make you another question (so I don't chit chat off topic here).
A good strategy for trading is... the opposite of having a bad strategy.
  • #1,748
  • Oct 19, 2015 3:40am Oct 19, 2015 3:40am
Quoting chucrut
{quote} Ahah nice mate! Like you said: at least is not closing with a loss. And its faster then "Right in Start Point" But it could close the cycle also with a loss. Well, it depends from what you mean with "Max Open Orders in Profit". "Max Open Orders in Profit" = EA can close the cycle if there are X orders that are individually in profit. For example, "Max Open Orders in Profit" = 2 If the price goes directly through 8 limit orders and then it starts to retrace, when there will be the last 2 orders with a gain it will close the cycle with 2 orders...
Probably my term was wrong, but the profit to calculate is for all orders.

Based on the current setting:
if you would have 6 open orders, but one of them is not profit, then it won't close. All of them has to be in profit, then it will close.
if you would have 2 open orders, but one of them is not profit, then it won't close. All of them has to be in profit.
if you would have 1 open order, then the only closing condition is based on the target profit (only).
OR
if not all of them profit but reaches the target profit, it will also close.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,749
  • Oct 19, 2015 3:45am Oct 19, 2015 3:45am
Quoting KGP
{quote} do you have issues like the ones in screenshot? http://prntscr.com/8suju0 because i seem to get them all the time and also have you compared XM with other brokers? so far i get the worse results on XM (although their loyalty bonus thing can be quite rewarding and ending you trading up with minimum to "no risk" at all)
This is lot step issue I suppose. The lot size increment is 0.1. So in general, they only allow you to create trade with 0.1, 0.2, 0.3, etc lot size. They won't allow you to create lot size like 0.11, or 0.23.
I have fixed it in v1.8, but I can't test. As I don't know what are the demo accounts that have the same conditions. The other workaround is to set the lot size to static.

d*mn brokers, they never give us demo accounts which gives your 100% exact representation of their live account types.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,750
  • Oct 19, 2015 3:59am Oct 19, 2015 3:59am
Quoting radityo.ardi
{quote} This is lot step issue I suppose. The lot size increment is 0.1. So in general, they only allow you to create trade with 0.1, 0.2, 0.3, etc lot size. They won't allow you to create lot size like 0.11, or 0.23. I have fixed it in v1.8, but I can't test. As I don't know what are the demo accounts that have the same conditions. The other workaround is to set the lot size to static. d*mn brokers, they never give us demo accounts which gives your 100% exact representation of their live account types.
i dont believe its a lot steo issue...as it is XM and they dont have such issues.

try london capital group to get a demo regarding this issue...go on mt4 from accounts and search for http://prntscr.com/8svucl


the most representative demo account (comparing it to their live ones) in terms of "reality" are the ones of activtrades... they even have slippage! which if you check it at the same time with their live accounts you will be amazed how "accurate" it is... (they dont have requotes so i cant judge on that)


Ps i must ask the above mentioned broker to get me on their payroll... i believe i have mentioned them more than a few thousand times hahahaha
  • #1,751
  • Oct 19, 2015 4:27am Oct 19, 2015 4:27am
Quoting radityo.ardi
{quote} Probably my term was wrong, but the profit to calculate is for all orders. Based on the current setting: if you would have 6 open orders, but one of them is not profit, then it won't close. All of them has to be in profit, then it will close. if you would have 2 open orders, but one of them is not profit, then it won't close. All of them has to be in profit. if you would have 1 open order, then the only closing condition is based on the target profit (only). OR if not all of them profit but reaches the target profit, it will also close.
Aaaa! Ok! Sorry for my misunderstanding. Its like close if "All Open Orders in Profit" (Open orders needs to be > 1). Sounds a good option!
I also thought something, but i have no idea if it is doable in terms of coding, so i just propose to you...
In the settings of the EA could be great that the user could select the logic or the logics to close the cycle, something like:

CLOSURE LOGICS:
Target Based (Standard) = True
Right in Start Point = False
All Orders Opened = False
By Threshold = False
All Open Orders in Profit = False

To select the close type or the combination that suits better with his settings, broker rules...
  • #1,752
  • Oct 19, 2015 4:39am Oct 19, 2015 4:39am
Quoting chucrut
{quote} Aaaa! Ok! Sorry for my misunderstanding. Its like close if "All Open Orders in Profit" (Open orders needs to be > 1). Sounds a good option! I also thought something, but i have no idea if it is doable in terms of coding, so i just propose to you... In the settings of the EA could be great that the user could select the logic or the logics to close the cycle, something like: CLOSURE LOGICS: Target Based (Standard) = True Right in Start Point = False All Orders Opened = False By Threshold = False All Open Orders in Profit = False To select...
pushed to v2.X....

can?

Please log it in the RdzGridTraps.codeplex.com in the issue tab. Add "[Feature]" in the title, so I can able to know that is a feature request.
I'm quite busy and tend to forget...
If you ask me to code/fix your EA... it's probably not for free...
  • #1,753
  • Oct 19, 2015 12:18pm Oct 19, 2015 12:18pm
hi Radityo, pardon my noob questions, would like to enquire on the target profit and loss multiplier on how they work and what the figures mean. Because im using demo account on OANDA with 1 million as virtual funds, when i use your valuable EAs, they start opening up 30 lots, 70 lots straight. good to see most of the trades turned out in green though.. if only real money heheh.

how do I adjust the initial lot and multiplier figures such that I have a TP of let's say 100 plus dollars for each of the 3 currencies in your setfiles? appreciate your reply! thanks!

regarding the poll, in my humble opinion, we work on both ways, so that people who feel comfortable donating straight can just do so instead of reinvesting it again. Let me know if I can help to put up the beneficiaries links up on my facebook page. Spreading out the word to help out the villagers would be v meaningful.

Regards,
Chris from the lion city too
  • #1,754
  • Oct 19, 2015 12:50pm Oct 19, 2015 12:50pm
Hi,
I did a back testing for this year on fxcm and looks nice - screenshot attached. However, when I try to change the Daily start time from 01:00:00 or Daily stop time from 06:00:00 it goes into negative and stops abruptly. No idea what's going wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: grid test.PNG Size: 20 KB
  • #1,755
  • Oct 19, 2015 3:12pm Oct 19, 2015 3:12pm
Hello bro radit,
Started live account last week and got 6% return, nice!! so i definitely will contribute the donation whatever the result is.
May I ask some questions ? I used to trade stocks and did backtest with amibroker. So i'm new with forex and mt4, therefore please be patient with my questions hehehe...
If you remember some of my questions is already been answered in this thread please say so, and i will try to find it myself.
1. On your GTLIMITEURUSD2.set file, the variable "Loss Type" is No Stop Loss. Does this means that you don't have stop loss in your EA? because on Wednesday last week (if i'm not mistaken) there was some negative position on the open orders, felt bit worried, however it ended up profit.
2. What is your timeframe? I recall on someone asked about the your time frame and you answered time frame is not really matter. Is it correct?
3. Just to confirm, My "Market Watch" time is GMT+2, is not really matter as long as i set up my VPS desktop time GMT+8 like you right? I currently reside on GTM +9.30.
4. Another confirmation, so you only trade for 4 days, on Tuesday, Wednesday, Thursday, and Friday morning (your time) right?
5. Have you explain about the term "recreation" in this thread? i can't find any explanation in google about the term.

Thanks in advance bro...
  • #1,756
  • Oct 19, 2015 7:25pm Oct 19, 2015 7:25pm
Quoting menpowerup
hi Radityo, pardon my noob questions, would like to enquire on the target profit and loss multiplier on how they work and what the figures mean. Because im using demo account on OANDA with 1 million as virtual funds, when i use your valuable EAs, they start opening up 30 lots, 70 lots straight. good to see most of the trades turned out in green though.. if only real money heheh. how do I adjust the initial lot and multiplier figures such that I have a TP of let's say 100 plus dollars for each of the 3 currencies in your setfiles? appreciate your...

The most important thing is the written word or none of this would be possible
I do Good I feel GoodI do Bad I feel Bad
  • #1,757
  • Oct 19, 2015 9:01pm Oct 19, 2015 9:01pm
Quoting sorin24
Hi, I did a back testing for this year on fxcm and looks nice - screenshot attached. However, when I try to change the Daily start time from 01:00:00 or Daily stop time from 06:00:00 it goes into negative and stops abruptly. No idea what's going wrong.{image}
backtesting (again)? So, in my opinion, backtest could resulting you negative. Because (as I have explained),
- backtest doesn't have control over holidays
- backtest can't simulate dynamic spreads
- backtest can't simulate stop level and margin call level (it is fixed)
- somehow, with my EA even with the set file above, it is always dropped
- backtest can't simulate manual override

But, backtest do helps when:
- developer wants to test whether the code running OK
- quick glimpse of the strategy whether it works for a short period or long period (in terms of bug)

So, my opinion, nothing is wrong. You just need an action that you'll need forward testing to see this working.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,758
  • Oct 19, 2015 9:06pm Oct 19, 2015 9:06pm
Quoting menpowerup
hi Radityo, pardon my noob questions, would like to enquire on the target profit and loss multiplier on how they work and what the figures mean. Because im using demo account on OANDA with 1 million as virtual funds, when i use your valuable EAs, they start opening up 30 lots, 70 lots straight. good to see most of the trades turned out in green though.. if only real money heheh. how do I adjust the initial lot and multiplier figures such that I have a TP of let's say 100 plus dollars for each of the 3 currencies in your setfiles? appreciate your...
Hi Chris!
So glad to see friends from the lion city! It's quite rare actually...
You can set the Target Profit Type to Fixed, and set the value 100 to Target Profit. Same thing does for the Lot size, set Lot Size Type to Fixed, and set Lot Size to say 1 lot. That's the easiest way though.

Regarding donation, that's what I thought as well. But I want to see what's people's opinion on this. I'll take the inputs first and then will decide how it will be later.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,759
  • Edited Oct 20, 2015 12:44am Oct 19, 2015 11:06pm | Edited Oct 20, 2015 12:44am
Quoting radityo.ardi
{quote} Did you managed to get to see in experts tab or journal tab, is there any errors? {image} or have you checked the global variable to stop the EA whether it is enabled (1) or disabled (0)? {image}
What's the correct value for global variable to allow trade in Friday?

Another question, with below setting. what would be my target profit and SL? thanks.

ProfitTakingMode=0
TargetProfitDynamicBase=0
TargetType=1
TargetProfit=15.0
TargetProfitMult=0.015
StopLossDynamicBase=0
LossType=0
StopLoss=-100.0
StopLossMult=-0.0001
  • #1,760
  • Oct 20, 2015 12:27pm Oct 20, 2015 12:27pm
A Few hiccups with trial been renovating so have unplugged a few times

Trade explore up 4.3% for the week using setting posted by mrdj and I'm running another account with 10K in it and its up 3.3%

Issues my small account using FXDD gives an error message but does not seem to affect any trades??

My big account through global prime seems to get stuck in trades sometimes so I manually close orders fro a small loss so it resets

but all good thanks to all
I do Good I feel GoodI do Bad I feel Bad
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