Trapping System: Grid | Page 93 | 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

  • #1,841
  • Oct 23, 2015 3:42am Oct 23, 2015 3:42am
Quoting hishamzz
{quote} I have a good feeling that it would pass the 1 year milestone with a breeze Yup.. running EURCHF and EURGBP but heres the hitch.. am running them on the EURUSD pair I accidently loaded them into the EURUSD pair initially and had not bothered to look but looking at the orders recently made me realize the mistake I had made. They are performing ok nevertheless so I am continuing with those set files on the EURUSD pair Zz

Hi hishamzz,
The strategy suppose works only during range movement, but am surprise this pass through the storm yesterday of big trend. Or I catch it wrongly.
  • #1,842
  • Oct 23, 2015 3:44am Oct 23, 2015 3:44am
Quoting radityo.ardi
And was closed with happy.. That is why I set to start at 01:00. Probably the best would be 02:00 actually. So, in case we missed to stop trade, and there's huge impact news came, it will still recover. In every big huge trending, the price movement eventually will be exhausted, leading to a small retracement (in which we will take the profit). {image} Today's trading (last circle), isn't that bad compared to the first 2. The first 2 circles was actually trying to suck my money, but you know what... , that was the time when I never do a stop trade...
Tonight was a hard night after Draghi.
GTLIMITEURUSD2 - reacted well to the situation, "only" 8 open orders in a almost 50 pips drop down (from EA start hour - 17:00 GMT), it just needed a 30 pips retracement to get the profit and close all for the night. I think that in a real account i would turned it off, but tonight I let it run for testing purpose, and i'm happy to see how it managed...

Quoting Offshore
{quote} Easy answer yes I was using mrdj's settings with limit orders as it seems to work my day time NZ time as that is when US UK is closed , but got burnt over night. so will reset the test This is why we use demos first
Hi Offshore,
me too i'm using mrdj's settings with limits and them too managed the situation in a very good way. I only made some modification to the time settings and the lots size. I set the the trade window like in GTLIMITEURUSD2, not all day long, so i think that is possible that when my EA started to trade you already had some buy position opens.
With tight grid steps it needs less retracement to close the cycle. I had 2 cycles yesterday night, one of 13 orders and next with 8, both closed in profit.

Attached Image (click to enlarge)
Click to Enlarge Name: MRDJ's.png Size: 39 KB
  • #1,843
  • Oct 23, 2015 3:46am Oct 23, 2015 3:46am
Quoting hishamzz
{quote} I have a good feeling that it would pass the 1 year milestone with a breeze Yup.. running EURCHF and EURGBP but heres the hitch.. am running them on the EURUSD pair I accidently loaded them into the EURUSD pair initially and had not bothered to look but looking at the orders recently made me realize the mistake I had made. They are performing ok nevertheless so I am continuing with those set files on the EURUSD pair Zz
aaaah....
no wonder....
Actually all (I think) are the same. Except the start-stop time. We'll see how in a year then. I expect that I can rely on this too.
As I've told earlier, better get constantly small profit rather than a big one.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,844
  • Oct 23, 2015 3:58am Oct 23, 2015 3:58am
Quoting chucrut
{quote} Tonight was a hard night after Draghi. GTLIMITEURUSD2 - reacted well to the situation, "only" 8 open orders in a almost 50 pips drop down (from EA start hour - 17:00 GMT), it just needed a 30 pips retracement to get the profit and close all for the night. I think that in a real account i would turned it off, but tonight I let it run for testing purpose, and i'm happy to see how it managed...
I shouldn't have done that actually. My live account was on...
I was too tired, and just slept without checking for chart and news (which normally I did).

But the good thing is, the price dropped way too far, definitely it will be easily exhausted. And now the price starts to trend upside as I wrote this.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,845
  • Oct 23, 2015 4:23am Oct 23, 2015 4:23am
Quoting chucrut
{quote} Tonight was a hard night after Draghi. GTLIMITEURUSD2 - reacted well to the situation, "only" 8 open orders in a almost 50 pips drop down (from EA start hour - 17:00 GMT), it just needed a 30 pips retracement to get the profit and close all for the night. I think that in a real account i would turned it off, but tonight I let it run for testing purpose, and i'm happy to see how it managed... {quote} Hi Offshore, me too i'm using mrdj's settings with limits and them too managed the situation in a very good way. I only made some modification...

Thanks for the detail explanation. What's the TP?And With 13 orders of dropping 50pips, how many pips retracement needed to close the position?
  • #1,846
  • Oct 23, 2015 4:23am Oct 23, 2015 4:23am
hi, i have an issue. I use setting GTLIMITEURUSD2, profit taking with commision and swap. But often it close with negative profit. Like my capture screen, only 1 position but closed -0.50 Usd (profit - charges). I don't know what,s wrong. My broker is ECN type and have commision
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 373 KB
  • #1,847
  • Oct 23, 2015 4:47am Oct 23, 2015 4:47am
Quoting happytrade38
{quote} Thanks for the detail explanation. What's the TP?And With 13 orders of dropping 50pips, how many pips retracement needed to close the position?
1st Order at 1.1127
...
13th order at 1.1078
Max Low reached 1.1076
51 pips fall

Cycle close at more or less 1.1104 - 1.1105
(due to close time they all not close the same price)
28 - 29 pips retracement needed to reach TP.

I'm using MRDJ's settings. Post #1709 (http://www.forexfactory.com/showthre...84#post8544984)
Modifications made:
-Trade Window = GMT 17:00 -> GMT 22:00 (Friday no Trade - Basically the same trading window of GTLIMITEURUSD2)
-Initial Lot Multiplier = 0.000035 (Mrdj original = 0.000009)
-Close Order After X (Start Point) = 2 (Mrdj original = 0)

Hope it helps!
  • #1,848
  • Oct 23, 2015 4:54am Oct 23, 2015 4:54am
Quoting aquasunboy
hi, i have an issue. I use setting GTLIMITEURUSD2, profit taking with commision and swap. But often it close with negative profit. Like my capture screen, only 1 position but closed -0.50 Usd (profit - charges). I don't know what,s wrong. My broker is ECN type and have commision {image}
I also tried with ECN broker with commission and swap, i guess this happen when the price go back to start point, so the order will be close.. in this case, your profit doesn't sufficient to cover both commision and swap.
  • #1,849
  • Oct 23, 2015 5:07am Oct 23, 2015 5:07am
Quoting happytrade38
{quote} I also tried with ECN broker with commission and swap, i guess this happen when the price go back to start point, so the order will be close.. in this case, your profit doesn't sufficient to cover both commision and swap.
This case you can play on with "Close Order After X Points" setting, make it higher. But also it will decrease the chances of getting out of the cycle.
I was observing ECN, even at first, I was testing with ECN account. The most disturbing thing is the profit + commissions + swap does seems higher rather than standard account (non-ECN) with only profit (swap is out of the table since there's no trades passes weekends).

It blew off the window. Probably because of something like Draghi's event last night.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,850
  • Oct 23, 2015 9:44am Oct 23, 2015 9:44am
Dont know what? Maybe my backtest wrong or something... but this EA loss down to almost half account within 30days!!!
It is the dust where you came from & it is the dust where you shall return
  • #1,851
  • Oct 23, 2015 10:03am Oct 23, 2015 10:03am
Quoting infernal199
Dont know what? Maybe my backtest wrong or something... but this EA loss down to almost half account within 30days!!!
Did I mentioned about backtest before?
http://www.forexfactory.com/showthre...79#post8548479
If you ask me to code/fix your EA... it's probably not for free...
  • #1,852
  • Oct 23, 2015 10:45am Oct 23, 2015 10:45am
Quoting radityo.ardi
{quote} Did I mentioned about backtest before? http://www.forexfactory.com/showthre...79#post8548479
umm... didnt see it before, will forward test in DEMO lets see
It is the dust where you came from & it is the dust where you shall return
  • #1,853
  • Oct 23, 2015 11:09am Oct 23, 2015 11:09am
I've been playing with backtest for Jan 2014 (1st till 31st), standard deposit 10K, spreads set to 14, history data from histdata.com.

Hope you "enjoy".
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 15 KB

Named it GTLIMITEU5
Attached File(s)
File Type: txt LIMITEU5.set.txt   5 KB | 310 downloads
If you ask me to code/fix your EA... it's probably not for free...
  • #1,854
  • Oct 23, 2015 11:32am Oct 23, 2015 11:32am
Quoting radityo.ardi
I've been playing with backtest for Jan 2014 (1st till 31st), standard deposit 10K, spreads set to 14, history data from histdata.com. Hope you "enjoy". {image} Named it GTLIMITEU5 {file}
Please What's your time zones?
  • #1,855
  • Oct 23, 2015 11:50am Oct 23, 2015 11:50am
thanks a lot bro,,, are you indonesian ?
  • #1,856
  • Oct 23, 2015 2:44pm Oct 23, 2015 2:44pm
OK so have re set with GTLIMITEURUSD2.set

the only thing I am not sure of now is do I use the preset time

I am in New Zealand
So 12.00am here is 12.00pm previous day GMT

So I do nothing to the date time ?????

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 344 KB
I do Good I feel GoodI do Bad I feel Bad
  • #1,857
  • Oct 24, 2015 1:08am Oct 24, 2015 1:08am
Another ques: In preset you set time table from 1.00 to 14.59

If I use this EA for 24h wont this strategy work?
It is the dust where you came from & it is the dust where you shall return
  • #1,858
  • Oct 24, 2015 5:22am Oct 24, 2015 5:22am
Quoting infernal199
Another ques: In preset you set time table from 1.00 to 14.59 If I use this EA for 24h wont this strategy work?
it will blow your acc for sure. you use limit order, its for ranging market. for stop order is for trending market.

gtlimit still good, see radit live account man..

just turn on at 1:00 am - 6 am , late ny to open asia time.

or 8 pm GMT - 1am GMT EU and GU try UCAD with adequate balance.
Look for it and you will find it
  • #1,859
  • Oct 24, 2015 11:03am Oct 24, 2015 11:03am
Quoting ghal09
thanks a lot bro,,, are you indonesian ?
Yes, I am.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,860
  • Oct 24, 2015 11:04am Oct 24, 2015 11:04am
Quoting Offshore
OK so have re set with GTLIMITEURUSD2.set the only thing I am not sure of now is do I use the preset time I am in New Zealand So 12.00am here is 12.00pm previous day GMT So I do nothing to the date time ????? {image}
Time is noted as Local Time, that also noted as Singapore Time (as I've stated in first thread as well).
If you ask me to code/fix your EA... it's probably not for free...
4 traders viewing now