Trapping System: Grid | Page 111 | 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

  • #2,201
  • Nov 11, 2015 8:31pm Nov 11, 2015 8:31pm
Quoting jonirrenicus
{quote} it means Global Prime is a reliable broker, FXDD and FXCM are junk.

yeah starting to wonder that the reason I used them was because they are local Well Australian anyway I had a live account with them and had trouble both depositing and withdrawing funds , but pretty sure that was a bank issue ( even tho they own all our banks)

But as radityo says that could be a sign of a decent broker as well just they are being more careful

So will be looking at them again,,

could be the fact that we thrashed then in the Rugby world cup sore losers Aussies
I do Good I feel GoodI do Bad I feel Bad
  • #2,202
  • Nov 11, 2015 9:59pm Nov 11, 2015 9:59pm
Quoting Offshore
{quote} yeah starting to wonder that the reason I used them was because they are local Well Australian anyway I had a live account with them and had trouble both depositing and withdrawing funds , but pretty sure that was a bank issue ( even tho they own all our banks) But as radityo says that could be a sign of a decent broker as well just they are being more careful So will be looking at them again,, could be the fact that we thrashed then in the Rugby world cup sore losers Aussies

local Well Australian?

Do u know peperXXXX?

All people in Asia only have one choice.....I think.

A broke deals all trades with small sllipage and barely widen spread even during NF time (or other big news)

That's so called a reliable broker.
No one wants to be defeated~
  • #2,203
  • Nov 11, 2015 10:26pm Nov 11, 2015 10:26pm
Quoting jonirrenicus
{quote} local Well Australian? Do u know peperXXXX? All people in Asia only have one choice.....I think. A broke deals all trades with small sllipage and barely widen spread even during NF time (or other big news) That's so called a reliable broker.

No Sorry don't no peperxxxx he/she in this forum
I do Good I feel GoodI do Bad I feel Bad
  • #2,204
  • Nov 11, 2015 11:47pm Nov 11, 2015 11:47pm
Quoting shaan
{quote} Another problem I see is your lot size in dynamic depending upon equity or balance and that becomes a liability if the market does not retrace. Either one increases the grid size or reduces the lot size or a fixed lot for a fixed target then the draw down can be controlled significantly. I have been using a 0.2 fixed lot for a fixed target of 50. My draw down was well under my control. Regards
Hi Shaan,
you are correct. Even on backtest, fixed lot tend to stay longer than dynamic one. It is true that fixed is much more reliable, but it doesn't mean dynamic is worse than fixed.
If you use fixed, the risk is getting smaller and smaller, since you are using the same size of lot and same target profit while your balance is increasing. While with dynamic, the risk is the same, increases together with your balance.
Both have its own advantages.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,205
  • Nov 11, 2015 11:50pm Nov 11, 2015 11:50pm
Today's plan

Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 20 KB


$$$$$$$$$$$$$$$$$
No one wants to be defeated~
  • #2,206
  • Nov 12, 2015 12:06am Nov 12, 2015 12:06am
Quoting chucrut
Hi all! it has been a thug session today... We had unexpected movement in late NY and during Asia also, there were not Red news. Adrenaline was pumping In my case GTLIMITEURUSD2 had different results from radityo: checking his trade explorer in his case the EA closed a first cycle around 19:50 GMT and then started a second cycle that he closed manually today around 07:15 GMT. In my case it didn't close a first cycle because the Target Profit didn't get reached, so I had a single bigger cycle to manage today, it closed automatically around 11:15...
Actually this situation we've faced yesterday (and I think this whole week) was quite common, but rare. Ranging market, but in a wider timeframe.
Though I'm not expert in this, but the market is trying to find which way they should go. And added into the situation, sometimes speculants also played a big part in this.

For me, I have no better suggestion than: stay calm, drag yourself out slowly, observe the situation, get in again when situation gets better.
While in "observe the situation", we can play with a shorter time (like shortening the EA's runtime from 01am-06am to let say 02am-06am) with a lowered down lot size and target.
Psychologically, I don't want to get dragged into the current market situation.

I think for me, I may shorten the runtime from 01am to 06am, to 01am to 05am. I've seen more than 5 times between this month and end of last month, one additional cycle was started exactly at 06am, and this oftenly dragged into short trend during 06am to 12pm, and retract back.

So, for tonight, I don't want to start with Live, I'll start with demo only instead. I'm closing off for this week, and will start live trade again next week.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,207
  • Nov 12, 2015 12:09am Nov 12, 2015 12:09am
Quoting Offshore
OK here are some results was going to wait until the end of the week but ??? The result from different brokers is soooo different Global Prime doubled account in three weeks FXDD up this week but down over all FXCM went down from the start {image} {image} {image}
Were you using GTSTOP? or GTLIMIT?
I can't recognize the pattern in Non-cume return since the it is cropped.
I hope I'm wrong, it seems like your 2nd and 3rd screenshot was because of you use GTLIMIT, then you change Order type to STOP orders. But if that's the same set, I'm surprised..
Can you Save the set file somewhere for each of 3, then compare the file?
If you ask me to code/fix your EA... it's probably not for free...
  • #2,208
  • Nov 12, 2015 12:18am Nov 12, 2015 12:18am
Quoting jonirrenicus
Hi Rad, I believe that limited trading has no furture even if you add a stoploss.
I like the way you are thinking... really...

Can I borrow your words? To me, I would change your word like "LIMIT trade has its own future", so does "STOP trade has its own future". This week, I feel it is not in LIMIT's favour. That's why I told earlier, you can try STOP orders this week. But it doesn't mean that STOP will stand forever. There are times where STOP will fail. You remember my first thread's screenshot was only STOP?

I believe this issue is just for a few weeks. There are times like this happen in the past (as far as I remember). As I said before, stay calm, think clearly.

Quoting jonirrenicus
See? 78pips in one day~ {image}
Yes, for STOP orders, yes. It does good at this times.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,209
  • Nov 12, 2015 12:33am Nov 12, 2015 12:33am
I'm doing my final testing for v1.8, hope I can release it tomorrow.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,210
  • Nov 12, 2015 2:36am Nov 12, 2015 2:36am
Quoting chucrut
... To have exactly the same results we should also have the same balance...
I tried with 2 demo account for 1 week, with the same set file (GTLimitEU2) and different amount of money in deposit and they come up with the same return (in %). Well actually not identical, but almost the same return. Off course the profit in pip or $ is different.

However, don't know if it will generate same return in long run.
  • #2,211
  • Nov 12, 2015 2:44am Nov 12, 2015 2:44am
Quoting radityo.ardi
Just for the last words before I left office for today, Thank you very much for all of your big donations! I have redirected your donation (each and every cents) to the beneficiaries' representative. Thanks for helping them, buying shoes, uniform, books they needed. He have distributed some, and the rest he will manage to distribute it to the beneficiaries shortly. Updates on http://tunas-bangsa-camp.blogspot.com, and for monthly financial report will be on early December. Some posts are in Indonesian language, but I've put Google translate...
Have you open the donation bro? Can you tell me how to involve/donate?

Btw, this last two day is really a test for your EA. I haven't got any time to observe the chart and to close it manually, but the EA managed to close all orders with profit (today is 1.5% and yesterday was 3.5%). However, still worried if in the future there is big trend when we still have open orders.
  • #2,212
  • Nov 12, 2015 2:53am Nov 12, 2015 2:53am
anyone else on XM mt4

looking at the speed is scary....it shows 200000++/25kb at the lower bottom rite

wow it sure will lag big time
  • #2,213
  • Nov 12, 2015 3:18am Nov 12, 2015 3:18am
Quoting hewtwok
anyone else on XM mt4 looking at the speed is scary....it shows 200000++/25kb at the lower bottom rite wow it sure will lag big time
Yes, mine does very well. Still ok.
Attached Image
If you ask me to code/fix your EA... it's probably not for free...
  • #2,214
  • Nov 12, 2015 3:30am Nov 12, 2015 3:30am
Quoting yogasampurno
{quote} Have you open the donation bro? Can you tell me how to involve/donate? Btw, this last two day is really a test for your EA. I haven't got any time to observe the chart and to close it manually, but the EA managed to close all orders with profit (today is 1.5% and yesterday was 3.5%). However, still worried if in the future there is big trend when we still have open orders.
Cool man, 3.5% a day??! I see the behaviour, when you got quite number of pending orders, when it closes the profit is bigger than normal. Compared to less pending orders.

Donation is actually open since early this month, just that I'm still not announce it yet. Anyway FF moderator didn't allow me to post anything in Trading System with "donation" word until this moved to Commercial Section.
Go to the blog, and look for Donation Criteria link on top. Just when you ready to donate, PM me your email address.

I'll share some additional info on donation later.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,215
  • Nov 12, 2015 3:33am Nov 12, 2015 3:33am
Quoting radityo.ardi
{quote} I like the way you are thinking... really... Can I borrow your words? To me, I would change your word like "LIMIT trade has its own future", so does "STOP trade has its own future". This week, I feel it is not in LIMIT's favour. That's why I told earlier, you can try STOP orders this week. But it doesn't mean that STOP will stand forever. There are times where STOP will fail. You remember my first thread's screenshot was only STOP? I believe this issue is just for a few weeks. There are times like this happen in the past (as far as I remember)....
I am just vomitting what you all have been saying all along:
1) LIMIT order config works well in ranging pairs and ranging period
2) STOP order config works well in volatile markets (like EUR-pairs tonight)

I guess the key to everyone's success is to formulate an approach to properly identify and engage these 2 market behaviour.

It's great that some dudes are doing that already. (although some really need to phrase their words in a more caring and palatable way).
  • #2,216
  • Nov 12, 2015 3:49am Nov 12, 2015 3:49am
Quoting bjhchong
{quote} I am just vomitting what you all have been saying all along: 1) LIMIT order config works well in ranging pairs and ranging period 2) STOP order config works well in volatile markets (like EUR-pairs tonight) I guess the key to everyone's success is to formulate an approach to properly identify and engage these 2 market behaviour. It's great that some dudes are doing that already. (although some really need to phrase their words in a more caring and palatable way).
Yes, you are correct. The initial mission, to use this EA more as a tool. So, if one doesn't produce any good profit, doesn't mean the strategy itself failed.

Even last week, there was an idea to put this on Silver. Silver is quite ranging, do you know? But on top of that, I think the reason why I'm exploring EURUSD only, I don't get any space in my VPS.
I may need a "hand" on exploring other pairs. I believe something are there, just not any of GU or EU. We got Silver, no one tested yet. We also got USD/CAD, AUD/USD, other pairs to explore. And this is just only for LIMIT.
For STOP we can play on Gold, GU, EU, GJ.

I'm still have a good faith that the strategy still can work if attached to the correct pair, correct timing.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,217
  • Edited 8:00am Nov 12, 2015 4:54am | Edited 8:00am
Quoting radityo.ardi
{quote} Actually this situation we've faced yesterday (and I think this whole week) was quite common, but rare. Ranging market, but in a wider timeframe. Though I'm not expert in this, but the market is trying to find which way they should go. And added into the situation, sometimes speculants also played a big part in this. For me, I have no better suggestion than: stay calm, drag yourself out slowly, observe the situation, get in again when situation gets better. While in "observe the situation", we can play with a shorter time (like shortening...
Totally agree with you!
I already put on a Demo yesterday with 2xGTLIMITEURUSD2 with trading window shifted 1 hour later (18:00 - 22:00). Both have risk divided by 2 (Target Multiplier and Lots Multiplier divided by 2), 1 has a tighter grid step (40 points instead of original 75).
Unfortunately my broker have Demos with 30 day expiration. We will see in one month where they are...

I use Stop orders during London with tight take profit like explained before, Draghi speeches make me grab something like 60 and more pips until now, and at 14:30 there is Yellen speech. In the today session (Thu 12 Nov - 17:00 -> 22:00 GMT) there are no red news but today Draghi and Yellen, I may let it run cutting by 2 the risk and done for the week, let's see later how the market is. Tomorrow is friday so no trade.

Quoting Offshore
{quote} Yep same settings on all three this is whats confusing me ?????
Uau, really strange...I don't say that the results have to be identical but such different?!

Quoting yogasampurno
{quote} I tried with 2 demo account for 1 week, with the same set file (GTLimitEU2) and different amount of money in deposit and they come up with the same return (in %). Well actually not identical, but almost the same return. Off course the profit in pip or $ is different. However, don't know if it will generate same return in long run.
Yes, results will be similar, but I think on the long run there will be little differences, like in the picture I posted before, using the same settings of Radityo and checking his trade explorer I saw that the orders are opened at same price (just some points, not pips, difference sometimes) but his EA reached his Target Profit, mine missed it by few pips...
Quoting bjhchong
{quote} I am just vomitting what you all have been saying all along: 1) LIMIT order config works well in ranging pairs and ranging period 2) STOP order config works well in volatile markets (like EUR-pairs tonight) I guess the key to everyone's success is to formulate an approach to properly identify and engage these 2 market behaviour. It's great that some dudes are doing that already. (although some really need to phrase their words in a more caring and palatable way).
Totally agree with you, using 24/5 limit orders like using 24/5 stop orders blindly will lead to blow up the account. The key in my opinion is not being greedy (just few cycles for day can lead to a steady profit) and try to understand when using what...
  • #2,218
  • Nov 12, 2015 8:28am Nov 12, 2015 8:28am
Quoting radityo.ardi
{quote} Actually this situation we've faced yesterday (and I think this whole week) was quite common, but rare. Ranging market, but in a wider timeframe. Though I'm not expert in this, but the market is trying to find which way they should go. And added into the situation, sometimes speculants also played a big part in this. For me, I have no better suggestion than: stay calm, drag yourself out slowly, observe the situation, get in again when situation gets better. While in "observe the situation", we can play with a shorter time (like shortening...
Agree bro. I thought I will call it a day too. Will turn off the EA for a while, and stay safe.
The amount of my live account isn't big, but it's just fun to watch it grow
and it's sucks to see it burst (even the amount is little and no prob for me, and have expected someday it will burst too).
--> I hope you get the feeling LOL

these 2 days, mine got stuck pretty bad.
1. yesterday floated 12 positions with -50% equity and managed to get out at london market (around 5-6pm SG time or so) and luckily got 3.2% gain.
2. today floated 9 positions with almost back to BEP (will lost all profit from 30days). and managed to get out at london market (around 4pm SG time). and another lucky day to gain 3.4% gain.
=> why I say lucky?because normally limit supposed to be out at Tokyo time. far from London Open if possible. that's why it ended at 06am.
and get out at london open (which is supposed for STOP orders) is just a matter of luck for the opened positions. no ranging, mostly big up or down.

and that's it, i thank god and won't push my luck further... guess I'll stay safe for a while.
meanwhile I'll try to formulate a new setting on your EA that use SL and scalp the market (low TP, shorter gap&interval, and less grid).
or maybe I will try to play with "a few limit order" mode. It could be great and complex grid trading. I think it have potential as well.
  • #2,219
  • Nov 12, 2015 8:36am Nov 12, 2015 8:36am
Quoting radityo.ardi
{quote} Yes, mine does very well. Still ok. {image}
wow yours is 20k+/292kb so much diff ^^
  • #2,220
  • Nov 12, 2015 8:50am Nov 12, 2015 8:50am
Stop Orders worked well at Yellen speech.
Managed to grab 50 pips more for today, it closed all just before the first retrenchment (first down candle in M5), maybe it could have grab more because later the price spiked north 30 pips more but 120 and more pips for the day are enough. London + Draghi + Yellen. Enough for me...don't be greedy.

There are not red news later (17:00 - 22:00 GMT) but I will check the market before let run Limits, due to past 2 days. EA managed well the situation but I may call it a week and done.
1 trader viewing now