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Trapping System: Grid

  • #2,041
  • Nov 3, 2015 12:43am Nov 3, 2015 12:43am
Forced close all trades for today. Until now, the order wasn't closed at all, not reaching target nor reaching middle point. It is stuck over there.
I may consider to add additional logic for this kind of logic.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,042
  • Nov 3, 2015 12:50am Nov 3, 2015 12:50am
Quoting radityo.ardi
Forced close all trades for today. Until now, the order wasn't closed at all, not reaching target nor reaching middle point. It is stuck over there. I may consider to add additional logic for this kind of logic.
Today the trades were not opening by EA so I pressed manual trading and it opened the trades. I have to do very time 1st week of the day. Is it common or need to some changes for automatic EA trading on first day of the week?
  • #2,043
  • Nov 3, 2015 1:03am Nov 3, 2015 1:03am
Quoting radadiya
{quote} Today the trades were not opening by EA so I pressed manual trading and it opened the trades. I have to do very time 1st week of the day. Is it common or need to some changes for automatic EA trading on first day of the week?
Shouldn't be any issue on the opening.
You need to check why it didn't open order in the first place. Did it say "IN TIMERANGE", did it say "ACTIVE" or "INACTIVE" on the dashboard (comment section of the chart).
If you ask me to code/fix your EA... it's probably not for free...
  • #2,044
  • Nov 3, 2015 1:11am Nov 3, 2015 1:11am
Quoting radityo.ardi
{quote} Shouldn't be any issue on the opening. You need to check why it didn't open order in the first place. Did it say "IN TIMERANGE", did it say "ACTIVE" or "INACTIVE" on the dashboard (comment section of the chart).
Thanks for very prompt reply. I checked Expert log and journal log and there were no any error. There was no any prompt except once it appear that lot size not allowed whereas my lot size setting is as allowed by broker. I checked VPS internet connect wherein it was ok. After nex week end I will observe again everything minutely and give you feedback again.
  • #2,045
  • Nov 3, 2015 1:28am Nov 3, 2015 1:28am
Quoting KGP
{quote} as i mentioned many many times the issue is not about what is going to happen with this EA... we all know what will happen with this and 99.99% of the EA and people trading (on their own).... the whole issue with this EA is greed and withdrawal mgt... meaning you have to devise a plan on how often and at what levels you will withdraw money out of the balance. and because radityo is very good in making this EA the last version has the option to be based on equity rather on balance so this means that the money mgt has improved at least X10......

Totally agreed with you..
  • #2,046
  • Nov 3, 2015 5:36am Nov 3, 2015 5:36am
Quoting KGP
{quote} as i mentioned many many times the issue is not about what is going to happen with this EA... we all know what will happen with this and 99.99% of the EA and people trading (on their own).... the whole issue with this EA is greed and withdrawal mgt... meaning you have to devise a plan on how often and at what levels you will withdraw money out of the balance. and because radityo is very good in making this EA the last version has the option to be based on equity rather on balance so this means that the money mgt has improved at least X10......
I agree with you, i think the key here are:
-the timing (is pretty sure now that we can't let run the EA 24/5),
-the greedy (small and constant profit i think is better);
-the "grid distance" (wider is better, not to much but not to tight, you'll have less open orders that is better i think, you have to demo and find the right grid size accourding to your account, broker, spread...)
-withdraw constantly the profit (i think that a reasonable plan is to take out from the balance 1/3 of the profit weekly);

I think the equity option is good if your plan is to put more than 1 currency or more than 1 EA simultaneously, but i prefer to don't overload the account, specially if is not too big. In my case, the only demo blown up until now was where i tried to use the EA on more than 1 currecy.

I'm live with this EA with stop orders (only EurUsd, only first hours of London) since 3 months now, 100% already withdrawn and now 1/3 weekly and it is in free run giving me money for ice creams ...
I'm also trying now Radityo GTLIMITEURUSD2 and it looks good and stable, i like his trading window, last hours of NY. But i think i will move it forward 1 hour. Need couple of days more to think about it...
I'm also trying live (with a very small account) MRDJ's settings but with modified trading window, is little bit more aggressive (tight grid) and so i prefer to put it only some hours at the end of NY, it's enough...
Both are generating really nice results, I'm happy with them, let's see in the long run.
Let's withdraw constantly and protect your investment.

And about what said radityo that we need human intervention: i prefer stay in front of the chart in the trading windows where the EA is trading live, but until now like you said the only human intervention needed is been to check the calendar and push a button once a day, like "today...trade or not?" and ahah that sounds like an easy job, i could do it...
red news day: stay away. Don't sound so complicated...

Thanks to all here, i think this EA is a great tool and it could be really profitable if we know how to use it...
  • #2,047
  • Edited 6:10am Nov 3, 2015 5:48am | Edited 6:10am
I have 3 demo, Ic Markets Standard and ECN, and FxPro Standard, 3 recommended pairs. today all charts display INACTIVE, I am using the set files provided and for ECN I set the close order after X to 3.

is this normal?

DemoAccount to Follow
https://www.myfxbook.com/members/fab...rodemo/1314024
https://www.myfxbook.com/members/fab...emoecn/1383847
https://www.myfxbook.com/members/fab...andard/1415927
  • #2,048
  • Nov 3, 2015 5:54am Nov 3, 2015 5:54am
This EA still have much room for improvisation.. many thanks to Radityo and another user that share their setting.
Me too still use GTLIMITEURUSD2 with little intervention.. like sometimes i add manual start 1 or 2 cycle at Asian session. I have an experienced add 1 cycle at london session, unfortunately i was stuck until NY Session.. and got trending, And i must cut loss 8% before it gotten worse (sigh). Greedy is not good
  • #2,049
  • Nov 3, 2015 6:33am Nov 3, 2015 6:33am
Quoting radityo.ardi
Forced close all trades for today. Until now, the order wasn't closed at all, not reaching target nor reaching middle point. It is stuck over there. I may consider to add additional logic for this kind of logic.
Weird. All trades were opened and closed on my side without any manual intervention. You are referring to GTLIMITEURUSD2 or any other set?

Zz
  • #2,050
  • Nov 3, 2015 6:50am Nov 3, 2015 6:50am
Quoting hishamzz
{quote} Weird. All trades were opened and closed on my side without any manual intervention. You are referring to GTLIMITEURUSD2 or any other set? Zz
Me too, all trades opened and closed regularly yesterday. I think is a matter of broker, spread and this stuffs. Sometimes even everyone is using same set files it could happened that they are not synchronized...
  • #2,051
  • Edited 7:59am Nov 3, 2015 7:36am | Edited 7:59am
There are many people here that are using/trying GTLIMITEURUSD2 or similar with nice results.
The trading window of this setting is 17:00 GMT to 22:00 GMT, Mon -Thu.
The only human intervention needed like evidenced from radityo is to decide if we let the EA trade during a specific day or not: so i thought that could be a good idea to start discussing weekly plans every weeks to exchange and have more opinions if we should let the EA run or not during the days. For Example this week:

(all in GMT) Nov 1 - Nov 7

Mon Nov 2 - 17:00 - FOMC Member Williams Speaks [orange]
Tue Nov 3 - 19:00 - ECB President Draghi Speaks [orange]
Wed Nov 4 - 19:300 - FOMC Member Dudley Speaks [orange]
Thu Nov 5 - 18:30 - FOMC Member Lockhart Speaks [orange]
Fri Nov 6 - NO TRADE

Personally I think will let the EA run, yesterday (Mon Nov 2) FOMC Member Williams didn't create much volatility, and all next speaks are set in orange. The only one that scares me a little is the one of today (Tue Nov 3) ECB President Draghi. This will not be a ECB Press Conference like 2 weeks ago when EUR fell badly, is "due to deliver opening remarks at European Cultural Days 2015 events, in Frankfurt".
What would you do?
Would you stop the EA some of this days?

EDIT: i think today (Tue Nov 3) instead of 17:00 GMT i will set the EA to start at 19:30 GMT (half hour later Draghi speech) to control what happen during the event. If i will see that it generates to much volatility i will shut down the EA before it starts.
  • #2,052
  • Nov 3, 2015 7:55am Nov 3, 2015 7:55am
Quote
chucrut
, as far as your profile says you are based in spain. which means that if you are trading the late to close of london? also what broker? i am in UK

and my question about best trading time for IcMarket, is extended to
Quote
radityo.ardi
  • #2,053
  • Nov 3, 2015 9:49am Nov 3, 2015 9:49am
Radityo on what tf do u have the ea attached ?

i've tested this a while ago but the results weren't great so i've put it on hold for some time and now i'll give it a try again.
Asking about tf because in backtesting 1/5/15/60 min i get diferite results for each of them.
  • #2,054
  • Nov 3, 2015 5:47pm Nov 3, 2015 5:47pm
Quoting chucrut
{quote} I agree with you, i think the key here are: -the timing (is pretty sure now that we can't let run the EA 24/5), -the greedy (small and constant profit i think is better); -the "grid distance" (wider is better, not to much but not to tight, you'll have less open orders that is better i think, you have to demo and find the right grid size accourding to your account, broker, spread...) -withdraw constantly the profit (i think that a reasonable plan is to take out from the balance 1/3 of the profit weekly); I think the equity option is good...
well big distance grids are not something i like because they can take you into an endless loop... i prefer small ones 30-40-50

said that the big distance ones are for higher "reward" where as the smaller ones are for smaller ones (for example on 30-40-50 grid i wouldnt place more than a pip profit to close the cycle)
  • #2,055
  • Nov 3, 2015 7:10pm Nov 3, 2015 7:10pm
Quoting Matraguna
Radityo on what tf do u have the ea attached ? i've tested this a while ago but the results weren't great so i've put it on hold for some time and now i'll give it a try again. Asking about tf because in backtesting 1/5/15/60 min i get diferite results for each of them.
I dont think the EA has anything to do with what timeframe to trade, not sure why backtest would be different if you run on different timeframes......
  • #2,056
  • Nov 3, 2015 7:43pm Nov 3, 2015 7:43pm
Quoting Matraguna
Radityo on what tf do u have the ea attached ? i've tested this a while ago but the results weren't great so i've put it on hold for some time and now i'll give it a try again. Asking about tf because in backtesting 1/5/15/60 min i get diferite results for each of them.
Hi, good day!
Can you guarantee if you use other EA, the result will be exactly the same?

Not even for different timeframe, backtesting with the same timeframe, exactly same setting can also produce different result.
For me, personally I can't judge whether it is an issue based on the result on backtesting. I would rather use backtesting to benchmark the settings.

I have used another EA for backtesting as well, different TF will have different result. At some point of time, I was testing 1 EA (not this one) with the same timeframe, period 1 month got 10%, change the period 1 year (still same timeframe) also grow only around 15%. So, which one is correct?
10% a month? or 15% a year?
This is exactly same EA, same setting, same TF, with a different period.

That's why we can't easily judge an issue based on backtest result.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,057
  • Nov 3, 2015 7:46pm Nov 3, 2015 7:46pm
Quoting fabio.g
I have 3 demo, Ic Markets Standard and ECN, and FxPro Standard, 3 recommended pairs. today all charts display INACTIVE, I am using the set files provided and for ECN I set the close order after X to 3. is this normal? DemoAccount to Follow https://www.myfxbook.com/members/fab...rodemo/1314024 https://www.myfxbook.com/members/fab...emoecn/1383847 https://www.myfxbook.com/members/fab...andard/1415927
I think you got the common issue, time settings on your PC and your EA.
Just try to understand the time setting on http://rdzgridtraps.codeplex.com/documentation (Date and Time settings).
If you ask me to code/fix your EA... it's probably not for free...
  • #2,058
  • Nov 3, 2015 7:47pm Nov 3, 2015 7:47pm
Quoting hishamzz
{quote} Weird. All trades were opened and closed on my side without any manual intervention. You are referring to GTLIMITEURUSD2 or any other set? Zz
Yes, the one on top of this thread. But anyway, today is a quite good result, so in total this month already got 4%.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,059
  • Nov 3, 2015 7:52pm Nov 3, 2015 7:52pm
Quoting chucrut
There are many people here that are using/trying GTLIMITEURUSD2 or similar with nice results. The trading window of this setting is 17:00 GMT to 22:00 GMT, Mon -Thu. The only human intervention needed like evidenced from radityo is to decide if we let the EA trade during a specific day or not: so i thought that could be a good idea to start discussing weekly plans every weeks to exchange and have more opinions if we should let the EA run or not during the days. For Example this week: (all in GMT) Nov 1 - Nov 7 Mon Nov 2 - 17:00 - FOMC Member Williams...
Hmm.... I'll kept it running, and got quite a good result. Their speaks creates ripples (as always). That's why I don't bother so much.
This week I think will be safe to keep running full week.

You can set GTSTOP during this time... when Draghi speaks later on 4pm SGT (first circle).
I'm a bit worried with 23:00 Fed Chair Yellen testifies. But we'll see how it is on the run.
Attached Image (click to enlarge)
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If you ask me to code/fix your EA... it's probably not for free...
  • #2,060
  • Nov 3, 2015 8:26pm Nov 3, 2015 8:26pm
Quoting radityo.ardi
{quote} Yes, the one on top of this thread. But anyway, today is a quite good result, so in total this month already got 4%.
Great! performance. I love this EA.
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