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Trapping System: Grid

  • #1,901
  • Oct 26, 2015 5:06am Oct 26, 2015 5:06am
Quoting yogasampurno
is this (square) what you mean with deposit through debit card? what about the conversion rate, good enough? and is this (circle) bonus that you've mentioned in one of your post? {quote} {image}
Yes, correct. That is for debit / credit card. As long as your card is under VISA or Master card.
You can select the bonus amount as well.

There you got POLi (Australia). Just check whether you got POLi also on your withdrawal page? Or you can check with their support.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,902
  • Oct 26, 2015 5:21am Oct 26, 2015 5:21am
Just for precautions,
if you are using GTLIMIT2, avoid trade on Thursday morning session (or Friday evening for Europe, Friday afternoon for US).
FOMC Statement and Federal Funds Rate ahead, 2:00pm (SGT), both are red.

I will inform you later if I would want to Stop Next Cycle.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,903
  • Oct 26, 2015 5:59am Oct 26, 2015 5:59am
Actually, I made my third deposit through poli, and their conversion rate also horrible.

I want to try other broker, which has AUD as the currency base (DMMfx) but when i tried the demo account, error messages come up.
My steps to find the error are:
-I change the global variable to 1,
-The EA menu on the Tools > Options also been corrected,
-I tried using fixed lot like 0.01, 0.1, or 1 lot,
-I tick the "allow live trading"
-I set the EA time to start trading on monday morning broker-time
but the error doesn't stop.

Is there any other possibility that caused the error bro?

Quoting radityo.ardi
{quote} Yes, correct. That is for debit / credit card. As long as your card is under VISA or Master card. You can select the bonus amount as well. There you got POLi (Australia). Just check whether you got POLi also on your withdrawal page? Or you can check with their support.
Attached Image (click to enlarge)
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  • #1,904
  • Oct 26, 2015 6:35am Oct 26, 2015 6:35am
Quoting yogasampurno
Actually, I made my third deposit through poli, and their conversion rate also horrible. I want to try other broker, which has AUD as the currency base (DMMfx) but when i tried the demo account, error messages come up. My steps to find the error are: -I change the global variable to 1, -The EA menu on the Tools > Options also been corrected, -I tried using fixed lot like 0.01, 0.1, or 1 lot, -I tick the "allow live trading" -I set the EA time to start trading on monday morning broker-time but the error doesn't stop. Is there any other possibility...
First time to see unknown error.
So, not sure what caused it. It seems that the order is sent to the broker's server, but broker server didn't acnkowledge the order creation. I think you need to check with the broker, bro.

Regarding conversion rate with debit card, usually it will follow your bank's first. Unless there's option to select conversion by bank's or by VISA/Mastercard's, then choosing bank will still a lot cheaper. Bank usually will not take any additional money in case the conversion is not as expected. But VISA/Mastercard does.
I guess, we both are same, except you have a lot more options for Aussie brokers. SG got few regulated with local monetary auth, but their spreads and leverage are crazy.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,905
  • Oct 26, 2015 7:01am Oct 26, 2015 7:01am
Quoting radityo.ardi
Just for precautions, if you are using GTLIMIT2, avoid trade on Thursday morning session (or Friday evening for Europe, Friday afternoon for US). FOMC Statement and Federal Funds Rate ahead, 2:00pm (SGT), both are red. I will inform you later if I would want to Stop Next Cycle.
That will be great if you can inform us when to stop the next cycle.
  • #1,906
  • Oct 26, 2015 12:48pm Oct 26, 2015 12:48pm
I sent the set, but remember I put the second rebound in the nearest pivot
Attached File(s)
File Type: txt limit2.set.txt   < 1 KB | 287 downloads
  • #1,907
  • Oct 26, 2015 3:51pm Oct 26, 2015 3:51pm
Morning All

just want to check this is normal

Time settings are open 8.00.00 close 01.00.00

seems to get stuck after a good performance

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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I do Good I feel GoodI do Bad I feel Bad
  • #1,908
  • Oct 26, 2015 9:18pm Oct 26, 2015 9:18pm
Quoting Offshore
Morning All just want to check this is normal Time settings are open 8.00.00 close 01.00.00 seems to get stuck after a good performance {image} {image}
That is normal, and one of the STOP orders behavior. Although it could make you stuck for days.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,909
  • Oct 26, 2015 10:21pm Oct 26, 2015 10:21pm
Quoting Offshore
Morning All just want to check this is normal Time settings are open 8.00.00 close 01.00.00 seems to get stuck after a good performance {image} {image}
Hi @Offshore,
My all trades are cleared in profit on 26th October and you are stuck up. This means your broker's price feed is making problem for you!I may be wrong but try with another broker. I advise to change your broker.
  • #1,910
  • Oct 27, 2015 12:11am Oct 27, 2015 12:11am
Just info for my problem, it turns out the broker did not allow EA. They said to be eligible for EA account, we must deposit minimum 10,000 units of base currency.
So forget about dmm .

Quoting radityo.ardi
{quote} First time to see unknown error. So, not sure what caused it. It seems that the order is sent to the broker's server, but broker server didn't acnkowledge the order creation. I think you need to check with the broker, bro. Regarding conversion rate with debit card, usually it will follow your bank's first. Unless there's option to select conversion by bank's or by VISA/Mastercard's, then choosing bank will still a lot cheaper. Bank usually will not take any additional money in case the conversion is not as expected. But VISA/Mastercard does....
  • #1,911
  • Oct 27, 2015 12:21am Oct 27, 2015 12:21am
Quoting yogasampurno
Just info for my problem, it turns out the broker did not allow EA. They said to be eligible for EA account, we must deposit minimum 10,000 units of base currency. So forget about dmm . {quote}
Hi @ yogasampurno
Who is that broker?
  • #1,912
  • Oct 27, 2015 12:27am Oct 27, 2015 12:27am
This is insane! I use ALPARI and it is OK to use EA.....
  • #1,913
  • Oct 27, 2015 12:27am Oct 27, 2015 12:27am
@radadiya dmm fx.
now i'm testing xm. they offer 50% bonus up till 500$ but i think robo offers more attractive bonus.
and for performance using Radit's EA, robo is better than ic market.

Quoting radadiya
{quote} Hi @ yogasampurno Who is that broker?
  • #1,914
  • Oct 27, 2015 1:34am Oct 27, 2015 1:34am
my LIMIT2 didn't close this morning until now, so I'm doing Force Close All.
This is the first time I have to do this. Don't want to stay much longer in the trade, as it is almost EU open time + got a little profit.

So, closing all in.
If you ask me to code/fix your EA... it's probably not for free...
  • #1,915
  • Edited 6:36am Oct 27, 2015 5:50am | Edited 6:36am
Quoting radityo.ardi
my LIMIT2 didn't close this morning until now, so I'm doing Force Close All. This is the first time I have to do this. Don't want to stay much longer in the trade, as it is almost EU open time + got a little profit. So, closing all in.
From couple of weeks now i'm studying Limit Orders, and in particular your settings limit2 (that looking at the trade explorer seem to be stable) on demo and yesterday (today in your time, i think) i put then on my live and worked very well.
I suppose that Limit2(live) and Limit3 are different only in the sizes of the multipliers.

Like every sessions, I'm comparing the trades and I noticed that:
Your Limit2, Limit3 and my MyLive, MyDemo all of them took 3 cycles in this session:
1 cylce - Sell Sell and close in middle point
2 cycle - Buy Buy and close in middle point
3 cycle - Sell Buy and close in middle point
--- Only your Limit2(live) didn't take in cycle3 the Buy order that would have close the cycle in the middle and so you had to close it manually having a Sell Sell open. This is the first time that they are not synchronized, is it happened something unusual at your terminal or maybe just spread ore some points difference issue didn't triggered the order?

MyDemo and MyLive worked well, until now i never had to close something manually...
During first day Live i felt confortable with this settings...
I'm also still testing the Mrdj's settings, they look good also (i use them in the same trade window, 17:00 - 22:00 GMT), lower lot size but more orders. Until now limit2 is gaining little more $...
  • #1,916
  • Oct 27, 2015 6:17am Oct 27, 2015 6:17am
Quoting chucrut
{quote} From couple of weeks now i'm studying Limit Orders, and in particular your settings limit2 (that looking at the trade explorer seem to be stable) on demo and yesterday (today in your time, i think) i put then on my live and worked very well. I suppose that Limit2(live) and Limit3 are different only in the sizes of the multipliers. Like every sessions, I'm comparing the trades and I noticed that: Your Limit2, Limit3 and my MyLive, MyDemo all of them took 3 cycles in this session: 1 cylce - Sell Sell and close in middle point 2 cycle - Buy...
@churcut Hi,
Its good observation. Can you let me know the name of your broker and type of live account i.e. ECN or standard etc.
  • #1,917
  • Oct 27, 2015 6:25am Oct 27, 2015 6:25am
Quoting radadiya
{quote} @churcut Hi, Its good observation. Can you let me know the name of your broker and type of live account i.e. ECN or standard etc.
Already said at post #1687
Here you have: http://www.forexfactory.com/showthre...24#post8544124
  • #1,918
  • Oct 27, 2015 6:51am Oct 27, 2015 6:51am
Mine was closed at 5 am GMT+8, using the same setting.
But you managed to close at positive position bro.
Actually I was worried when you don't put stop loss on your setting but then i saw your trade report;
your Max Return Drawdown is 0% and Worst Trade Return is -2.5%. Wow, this is the safest strategy i've ever seen
Maybe you can add on the EA to close all position if there are some open positions until certain time.

Quoting radityo.ardi
my LIMIT2 didn't close this morning until now, so I'm doing Force Close All. This is the first time I have to do this. Don't want to stay much longer in the trade, as it is almost EU open time + got a little profit. So, closing all in.
  • #1,919
  • Oct 27, 2015 7:30am Oct 27, 2015 7:30am
hi radityo and everyone,

looking at limit2 set file, the recreation threshold 50, current price interval 50

for a 5 digit broker it means 5 pip rite?
for a 4 digit broker it means 50 pip rite?

is the limit2 set file for 5 digit or 4 digit broker setup?

thanks.
  • #1,920
  • Oct 27, 2015 7:41am Oct 27, 2015 7:41am
Quoting hewtwok
hi radityo and everyone, looking at limit2 set file, the recreation threshold 50, current price interval 50 for a 5 digit broker it means 5 pip rite? for a 4 digit broker it means 50 pip rite? is the limit2 set file for 5 digit or 4 digit broker setup? thanks.
Radityo explained here: post #1870
"My settings is always run under the "points" term, not "pips"."

Here you get it: http://www.forexfactory.com/showthre...95#post8557595
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