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Trapping System: Grid

  • #2,061
  • Nov 3, 2015 8:44pm Nov 3, 2015 8:44pm
hi raditya

thanks again for the EA.

Today my result is 0.53%, while yours is 3.1
I'm testing it on a $5000 demo account, what do I have to change on the setting to have similar result as your GTLIMITEURUSD2
Sorry for the newbie question, I'm not familiar with MT4

Appreciate your help

Ron
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  • #2,062
  • Nov 3, 2015 9:04pm Nov 3, 2015 9:04pm
Quoting RonD
hi raditya thanks again for the EA. Today my result is 0.53%, while yours is 3.1 I'm testing it on a $5000 demo account, what do I have to change on the setting to have similar result as your GTLIMITEURUSD2 Sorry for the newbie question, I'm not familiar with MT4 Appreciate your help Ron {image}
The setting is posted here: http://www.forexfactory.com/showthre...40#post8440740

Since there will be much of external factors that affecting the profit, I can't guarantee you to have the same result as mine. but I do hope it will be profitable.

The most common that can affect is: your broker is different, or your broker is same like me but different account type.
If you drill down, it can be a various sub-factors like trading conditions (spreads, stop out level, margin call level, leverage, commissions, swaps, ....)

Try to find account type (if you insist using the same current broker) that is same like RoboForex Pro-Cents. My leverage is 1:1000.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,063
  • Nov 3, 2015 9:19pm Nov 3, 2015 9:19pm
A response from FF moderator, after last month trouble (my post got deleted )
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They are very responsive, polite and kind anyway.
So, I told them to move this thread to Commercial Section as per their policy, since I can't remove the "donation" portion off the thread.
But also I suggested them to change Commercial Section to something else that will fit both commercial-ware and donation-ware, since both are different thing. Of course subjected to their approval / discussions internally.

Well, I do hope you guys still OK if we move a little bit to Commercial Section to follow FF's policy.
No change in the terms I've provided earlier, this EA will keep FREE forever. However, any kind of donation is encouraged and accepted.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,064
  • Nov 3, 2015 9:28pm Nov 3, 2015 9:28pm
Quoting radityo.ardi
Anybody here using XM?

Just for information, if your account is MICRO in XM, if you place GTLIMITEURUSD2, it will be too hard for EA to close the orders.
Since it is MICRO, then the lotsize is also MICRO.

MICRO is different compared to CENTS (in many other brokers). Below is the comparison:
1 lot in MICRO = 0.01 lot in CENTS
1 lot in CENTS = 1 lot in STANDARD, BUT your currency notation in CENTS is cent. So, $10 in STANDARD = $1000 in CENTS.

Hence, the GTLIMITEURUSD2 Lot settings must be multiplied by 100.
If you see Initial Lots Multiplier...
Nailed it!
Hope it can last forever. This is my XM result this week. My account below is totally free with $30. Micro account, so "technically" you can trade like having 0.0001 lot size. Or same like Cents account with $3000.
Attached Image
If you ask me to code/fix your EA... it's probably not for free...
  • #2,065
  • Nov 4, 2015 3:45am Nov 4, 2015 3:45am
Quoting KGP
{quote} 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)
Yes, i think you are right but also depends by what you mean with big or tight. I'm trying gtlimiteurusd2 from radityo and it use a grid step = 75 (in my standards is "big") and i like it because when it start to trend doesn't open to much orders. I'm also trying a tighter set up with grid step = 40 and also this one makes me feel confortable because with "close in right in start" and "close after X" = 2 it closes cycles faster.

Sometimes when the market goes straight in one direction like Oct 22 (the day after last Draghi press conference) in our trading windows eurusd dropped 50 pips and with grid step = 75 it had 8 orders meanwhile the other with grid step = 40 had 13 orders. On the other hand the one with more orders needed less retracement to close the cycle but the situation was starting to worrying me...

Quoting radityo.ardi
{quote} 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.
I preferred stop it and start it just after the speech, the one of Draghi was the only one that was worrying me. I got half of your profit, i lost the first cycle but I'm ok. I was away from pc and so I felt better in this way... I have gt stop running first hours of London and it works quite good. Yellen's act is 2 hours before our trading window so we will have time so decide...

Quoting radityo.ardi
Well, I do hope you guys still OK if we move a little bit to Commercial Section to follow FF's policy. No change in the terms I've provided earlier, this EA will keep FREE forever. However, any kind of donation is encouraged and accepted.
IMO doesn't matter where the thread will be, the important things it s that it will continue to be alive, because i think that used properly this EA has potential...
  • #2,066
  • Edited 4:58pm Nov 4, 2015 4:13pm | Edited 4:58pm
Is everyone here using v1.7? I noticed v1.8 has MaxProfitOrders in the settings and that is not in the settings file here:
http://www.forexfactory.com/showthre...40#post8440740

For:
GTLIMITEURUSD2.set.txt
  • #2,067
  • Nov 4, 2015 6:32pm Nov 4, 2015 6:32pm
Just playing around with some ideas and was going to wait until the end of the week to explain

But had to show this from last night while I was sleeping

may be just luck but will keep testing

Enjoy

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I do Good I feel GoodI do Bad I feel Bad
  • #2,068
  • Nov 4, 2015 7:59pm Nov 4, 2015 7:59pm
Quoting radityo.ardi
{quote} Nailed it! Hope it can last forever. This is my XM result this week. My account below is totally free with $30. Micro account, so "technically" you can trade like having 0.0001 lot size. Or same like Cents account with $3000. {image}
wow....for a cents account, gain $3 is very good. same setting as LIMITUSD2?
  • #2,069
  • Nov 4, 2015 9:11pm Nov 4, 2015 9:11pm
Quoting skillz16
Is everyone here using v1.7? I noticed v1.8 has MaxProfitOrders in the settings and that is not in the settings file here: http://www.forexfactory.com/showthre...40#post8440740 For: GTLIMITEURUSD2.set.txt
v1.7 and v1.8 there's a quite "major" change in the variable names. Hence, the set file will also be different. I'll explain later once I'm ready to release v1.8.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,070
  • Nov 5, 2015 1:10am Nov 5, 2015 1:10am
Can you share GTLIMIT REBOOT set file.
  • #2,071
  • Edited 2:22am Nov 5, 2015 1:56am | Edited 2:22am
Hi Radityo,


The EA will automatically close all pending orders, could you pls. tell me what is the purpose of it? and how to modify it?

Thanks~


BTW, I also find your EA has huge potential if work with fibo together.

Whatever major currencies on none-NF day (inculding IR release), you will find the 61.8 retracement of big wave(M15 and D1) always works for one time~

if you want to test it, just try find one with 100% no consolidation at 61.8 support and post here.
No one wants to be defeated~
  • #2,072
  • Nov 5, 2015 2:52am Nov 5, 2015 2:52am
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wow~ radityo.ardi you are a talent, you finally sovled a problem I never overcame before.

Attached Image


I seldom use limited orders, because i'm afriad of blowling up account.

Trading style: one stop cycle at london open! you make money! ( i missed this one because i just finished reading your thread 30 mins ago.)

Then I saw E/U broke the yesterday low and hit auto-pivot fibo(attached),I want to sell and start EA ..... end up with profitable buy positons!!!!!!! make money again!!!

Your method overcome the False BREAK! This is a huge breakthrough!!!!!

one limit cycle after 4 hours ( let's see what will happen )

one stop cycle at NY open
Attached File(s)
File Type: ex4 Auto Pivot Fibo.ex4   5 KB | 344 downloads
No one wants to be defeated~
  • #2,073
  • Nov 5, 2015 5:00am Nov 5, 2015 5:00am
Quoting jonirrenicus
Hi Radityo, The EA will automatically close all pending orders, could you pls. tell me what is the purpose of it? and how to modify it? Thanks~ BTW, I also find your EA has huge potential if work with fibo together. Whatever major currencies on none-NF day (inculding IR release), you will find the 61.8 retracement of big wave(M15 and D1) always works for one time~ if you want to test it, just try find one with 100% no consolidation at 61.8 support and post here.
Basically when the EA is reaching the end time, in GTLIMIT2 I set to close all pending orders if nothing gets executed. This to avoid over-confident when actually the market is warming up and about to trending. During my testing (looong time when this thread started) and this was the reason one my account blew up, one day EUR/USD start to trend at 9am SGT, keep trending until the night. Not really sure what was happened.
So, this is the reason we have to keep human intervention into the game. Just like "you do trade today / not trade today" that's all. And psychologically this helps us to cut off loss (if any), or take profit, before the trend starts to build.

So far, limit order has the easiest in terms of manageability. While stop is always better result than limit, but if market is ranging, you'll be stuck with open orders and it can stay for days. Limit, is like "OK, I like to trade today, get profit, then get out of the market as quickly as possible", so less risk in a longer term. That's why I kept in my mind, for limit, if today I still see pending orders at 12pm or 1 pm, if there's no major news, I'll wait sometime until get profit then close it (so far it happened twice). If news, even red one, better close all loss positions and get out (this scenario never happened to me).

It is easier to trade when the market is ranging (which usually happens during closing NY and opening Sydney).

Quoting jonirrenicus
{image} wow~ radityo.ardi you are a talent, you finally sovled a problem I never overcame before. {image} I seldom use limited orders, because i'm afriad of blowling up account. Trading style: one stop cycle at london open! you make money! ( i missed this one because i just finished reading your thread 30 mins ago.) Then I saw E/U broke the yesterday low and hit auto-pivot fibo(attached),I want to sell and start EA ..... end up with profitable buy positons!!!!!!! make money again!!! Your method overcome the False BREAK! This is a huge breakthrough!!!!!...
It's nothing... I just gather all the ideas together. I'm just copying and pasting the idea into the new code. I should thank to all of you guys!

Actually there was once an EA in FF, it was sooo good that it creates major huge profit daily, drawn quite number of attentions. But then, before it really proven (it was only demo and only a few short months), he sell it. Many followers were dissapointed (of course). I guess it was based on scalping technique, reading the trend, when the trend retract back a little, this EA put limit order. Then I realized, when the market ranging (when people commonly not doing any trade), it is just tripping up-down. Why can't we just catch profit from that...?
If you ask me to code/fix your EA... it's probably not for free...
  • #2,074
  • Nov 5, 2015 5:03am Nov 5, 2015 5:03am
Quoting yadgayan
Can you share GTLIMIT REBOOT set file.
It's hiding somewhere in the earlier post. But actually, nothing different with GTLIMITEURUSD2. Just that if GTLIMITEURUSD2 is from 01:00am - 06:00am, while REBOOT is from 01:00 - 10:00am.
If I'm talking about time, it's always SGT (Singapore Time).
If you ask me to code/fix your EA... it's probably not for free...
  • #2,075
  • Nov 5, 2015 5:06am Nov 5, 2015 5:06am
Quoting Offshore
Just playing around with some ideas and was going to wait until the end of the week to explain But had to show this from last night while I was sleeping may be just luck but will keep testing Enjoy {image} {image}
Can't wait...

Why is like that?
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If you ask me to code/fix your EA... it's probably not for free...
  • #2,076
  • Nov 5, 2015 11:20am Nov 5, 2015 11:20am
BAMMM



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I do Good I feel GoodI do Bad I feel Bad
  • #2,077
  • Edited 11:51am Nov 5, 2015 11:38am | Edited 11:51am
Quoting Offshore
BAMMM {image}
Simply impressive...it looks like a sky rocket!
  • #2,078
  • Nov 5, 2015 11:43am Nov 5, 2015 11:43am
Quoting radityo.ardi
{quote} It's hiding somewhere in the earlier post. But actually, nothing different with GTLIMITEURUSD2. Just that if GTLIMITEURUSD2 is from 01:00am - 06:00am, while REBOOT is from 01:00 - 10:00am. If I'm talking about time, it's always SGT (Singapore Time).
Hopefully someone can verify (I think this should be right anyway): So for the GTLIMITEURUSD2 using this settings file (GTLIMITEURUSD2.set.txt) and v1.7, you are open only from SGT 1 to 6 AM right?

In central time that appears to be 11AM to 4PM; I'm in Chicago and trying to make sure that I have this up and running at the same time as everyone else.
  • #2,079
  • Nov 5, 2015 12:27pm Nov 5, 2015 12:27pm
Quoting chucrut
{quote} Simply impressive...it looks like a sky rocket!

Ha no secret to be fair probably just luck I have two accounts running one FXDD open amount $500 AND Global Prime $10000

I am using GTLIMITEURUSD2.set settings and was doing OK then I saw Aquasunboys post see below

"aquasunboy
post2016
I have an issue a few weeks ago. Sometimes closed with negative profit. So i earn only half than Radityo did. When i change close order after x point from 1 to 3, then the issue is clear. All my cycle ended with positive profit. Total result as same as Radityo now. And i said work very good means, low drawdown (3-5%) and consistent profit.. Average is 1%. And thats enough for me. More than that is bonus"

So am running time zone 01.00.00 start time and 06.00.00 close but changed close order after x point to 3.

So this means that most of the trading is done while I sleep during London open , that is dangerous if I dont watch the news (like last night got spiked on EUR).

But I am lucky during the day time London close I can get to my computer and its less volatile If I see a good set up I open manually seems to working fine

Then I was looking at the charts and I have always liked gold and silver (who doesn't) but on my global prime account both have 5 digits so i use this EA on them only can use it on Gold in FXDD.

Silver is one of the best ranging pairs it seems to range between big numbers as it is at the moment $15 and $16 it also moves in small moves (mostly) so seems to be perfect for this method

BUT it can spike as well so it is rixsky but if you can keep calm while trading it may be woth while

Hope this makes sense

Cheers
I do Good I feel GoodI do Bad I feel Bad
  • #2,080
  • Nov 5, 2015 12:51pm Nov 5, 2015 12:51pm
Quoting Offshore
{quote} Ha no secret to be fair probably just luck I have two accounts running one FXDD open amount $500 AND Global Prime $10000 I am using GTLIMITEURUSD2.set settings and was doing OK then I saw Aquasunboys post see below "aquasunboy post2016 I have an issue a few weeks ago. Sometimes closed with negative profit. So i earn only half than Radityo did. When i change close order after x point from 1 to 3, then the issue is clear. All my cycle ended with positive profit. Total result as same as Radityo now. And i said work very good means, low drawdown...
With "Close Orders after X point" do you mean "Close Orders after X (start points), i don't find the parameter you are saying.
Your 01:00 to 06:00 what would means in GMT? Same as Radityo? 17:00 -> 22:00 that would means London Close to Ny Close right?
I'm sorry but quite don't understand your time! Ahah.
And so the secret is that you are running GTLIMITEURUSD2 on gold and silver also? Ahah yeah! That's sounds good, specially in silver...
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