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Trapping System: Grid

  • #2,241
  • Nov 13, 2015 11:22pm Nov 13, 2015 11:22pm
Quoting bazze
Somebody else who have problems to login into http:/RdzGridTraps.codeplex.com/ ? I have....
some time yes. and some time no.
  • #2,242
  • Nov 14, 2015 9:04am Nov 14, 2015 9:04am
Hi, radityo:

Thank you for your great EA and new version!
Would you please explain how middle point works for stop order?
For stop order, do you have any idea to make close type like BE? For instance, if one buy stop order activated and price over the half grid, then set a variable BE. When total profit go back to 0, close all orders.
  • #2,243
  • Nov 15, 2015 5:56am Nov 15, 2015 5:56am
Thanks for your sharing, just a question: does this EA work out the commission excluding the profit we set. My ECN ICmarkets charge $7 per lot. You said starting 0.01 lots for $500 account, is that safe enough?
  • #2,244
  • Nov 15, 2015 9:08am Nov 15, 2015 9:08am
Question for UK BASED Traders. What broker are you using? I am at the moment with FXPRO but I have noticed the the spread is very volatile and the trades strategy suffers this.
  • #2,245
  • Nov 15, 2015 10:10am Nov 15, 2015 10:10am
Quoting archishard
Question for UK BASED Traders. What broker are you using? I am at the moment with FXPRO but I have noticed the the spread is very volatile and the trades strategy suffers this.
In Europe I like XM (Cyprus) because of there negative balance protection. I was with CMC and IG (both Britain) but what happened the day January 15 (eur/chf) and how CMC not recognizing stop orders and hunted after there clients after ... in the final there is an Ombudsman ruling this days that CMC has to refund some of the money to there customers back after the eur/chf (http://www.reuters.com/article/2015/...tEYFrY1uBhL.97).

In short, spread is not everything with an broker in my opinion, you have to do and work out some checklist with the important points for your trading and then do your decison.
Anyhow, with and after the January 15 eur/chf, I feel good with RoboForex (Forex) and Markets.com (index, shares).
Just google or check information at forexlive.com.
  • #2,246
  • Nov 15, 2015 10:38am Nov 15, 2015 10:38am
Quoting togerhard
{quote} In Europe I like XM (Cyprus) because of there negative balance protection. I was with CMC and IG (both Britain) but what happened the day January 15 (eur/chf) and how CMC not recognizing stop orders and hunted after there clients after ... in the final there is an Ombudsman ruling this days that CMC has to refund some of the money to there customers back after the eur/chf (http://www.reuters.com/article/2015/...tEYFrY1uBhL.97). In short, spread is not everything with an broker...
I see, yes I was with CMC once upon a time. They don't give access to MT4 as far as I am concern.
I am considering the INSTAFOREX Insta.Eurica account, that one is 0pips spread and 0.003-0.007% commission
https://www.instaforex.com/account_types.php

I have to reconnaisse that the commission are very low and the 0pip are very good for the psyche when I trade scalping strategies
  • #2,247
  • Nov 15, 2015 11:32am Nov 15, 2015 11:32am
Quoting archishard
{quote} I see, yes I was with CMC once upon a time. They don't give access to MT4 as far as I am concern. I am considering the INSTAFOREX Insta.Eurica account, that one is 0pips spread and 0.003-0.007% commission https://www.instaforex.com/account_types.php I have to reconnaisse that the commission are very low and the 0pip are very good for the psyche when I trade scalping strategies
Thanks for the info, it sounds interesting ... with RoboForex ECN, I have in EUR/USD per 1000, (0.01 lot) 0.04 cent commission and ( with an incresing percentage rebate program after 100 traded lots, for example 100 lots = 400USD commis, rebate 50 USD) and the spread is 42 pips (average), volatile as I have seen at NFP, Draghi, Yellen low markets, running to 200. I like Robo because I had no problems with stopLoss orders during Jan. 15, even the forgotten open Orders I could close after one hour to a fair pricing without any problems.

There is no limit with pending orders and that is for me very important in using here the Grid EA.
  • #2,248
  • Nov 15, 2015 12:44pm Nov 15, 2015 12:44pm
Quoting archishard
Question for UK BASED Traders. What broker are you using? I am at the moment with FXPRO but I have noticed the the spread is very volatile and the trades strategy suffers this.
Remember that spread betting is tax free in UK, so for this reason I am demoing on Intertrader as they will offer spread betting on MT4. Not sure of many other reputable brokers that do but will be happy to know if anyone has other suggestions?
  • #2,249
  • Nov 15, 2015 3:54pm Nov 15, 2015 3:54pm
I have not tried new version, however from the history of Mxfxbook real account, the strategy has changed a lot. Last Friday, even without positions. Other days, only couples of positions with big lots.

Not grid any more? His other demo accounts all have blown up.
  • #2,250
  • Nov 15, 2015 8:56pm Nov 15, 2015 8:56pm
Quoting Sunnybeach
Hi, radityo: Thank you for your great EA and new version! Would you please explain how middle point works for stop order? For stop order, do you have any idea to make close type like BE? For instance, if one buy stop order activated and price over the half grid, then set a variable BE. When total profit go back to 0, close all orders.
That doesn't sound profitable isn't it?
If one order triggered, you want to close when profit is $0?
If you ask me to code/fix your EA... it's probably not for free...
  • #2,251
  • Nov 15, 2015 8:59pm Nov 15, 2015 8:59pm
Quoting bazze
Somebody else who have problems to login into http:/RdzGridTraps.codeplex.com/ ? I have....
Apparently, in codeplex.com has login issue, quite old issue.
Workaround, once you logged in, on top will say "Sign In" instead of your username and "Sign Out" link. Click on "Sign In" once again, then check the top link. Now on this page, there's 2 contradicting things. On top it says your user name and "Sign Out", but on the page it asks for user name and password again.
On this stage, just click on your username, because you already signed in.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,252
  • Nov 15, 2015 9:19pm Nov 15, 2015 9:19pm
Quoting tomgu
Thanks for your sharing, just a question: does this EA work out the commission excluding the profit we set. My ECN ICmarkets charge $7 per lot. You said starting 0.01 lots for $500 account, is that safe enough?
My very first testing account was with Tickmill ECN which comes with 2 points (0.2 pips) spread, and some commissions. It turned out well with STOP orders, but not for LIMIT. But then, it was only a demo. With live account, it doesn't seems very good, for STOP orders, the only enemy is slippage. Note that most of brokers, never apply the same account type and mechanism just like in live account.

"ok, slippage shouldn't be a problem, as long as I can configure it. But I don't see slippage configuration in your EA?"
I have checked, in most of the brokers, setting up slippage doesn't seem to have any effect on the order. That's why I don't put slippage configuration on my EA.

Regarding your account on ICMarkets, $7 doesn't seems a good deal (am I right? correct me if I'm wrong). Of course I don't see it will work on your account. But please do a check on ICMarkets demo account. I believe most of broker will never give you demo ECN account (which where the commission applies), but just check with their support first.

"$500 for 0.01 is it safe?"
It's a medium kind of level, actually. Safer, start with $1000 for 0.01. Too optimistic, play with $250 for 0.01. But so far, I don't see any future (yet) with stop orders. I haven't try any other settings with it. Last time I've tried with full run 00:00 to 23:59 everyday (almost 24h) it was good but then blew up.

"A good advice?"
Don't play blind, and don't easily judge my EA's result. Always be vigilant, be careful, play on DEMO for first 2-3 months until you get the feel of how it works. Last time I checked, some fellow played live with $500 and got profit $1000 in a week with this EA. But not sure how is the next story. I think the same won't stay for long. Some fellow, played live with $200 and got blew out the account in a day, just because he don't know how to configure the EA. He downloaded EA, apply the set, change something drastically, then blew out.

So, please..... play on DEMO first.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,253
  • Nov 15, 2015 9:23pm Nov 15, 2015 9:23pm
Quoting togerhard
{quote} In Europe I like XM (Cyprus) because of there negative balance protection. I was with CMC and IG (both Britain) but what happened the day January 15 (eur/chf) and how CMC not recognizing stop orders and hunted after there clients after ... in the final there is an Ombudsman ruling this days that CMC has to refund some of the money to there customers back after the eur/chf (http://www.reuters.com/article/2015/...tEYFrY1uBhL.97). In short, spread is not everything with an broker...
This is a very GOOOOD advice.
Do your checks on the broker, how are the account types, ECN/non-ECN, their stability, withdrawal process, deposit process, all and every aspects. That what I was doing when finally I decided to use RoboForex, despite of the bad comments (dated on 2014) regarding this broker.
I believe that most of the comments saying about scam broker is also possibly a scammers as well, or maybe competitor's employee... you never know. So, take that factor out, find the facts.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,254
  • Nov 15, 2015 9:35pm Nov 15, 2015 9:35pm
Quoting tomgu
I have not tried new version, however from the history of Mxfxbook real account, the strategy has changed a lot. Last Friday, even without positions. Other days, only couples of positions with big lots. Not grid any more? His other demo accounts all have blown up.
I do appreciate it, but I hope you read all the thread post first before judging.
Though I got red on my username and been in the game for 8 years long, doesn't mean I'm expert in trading. We all are still learning, aren't we?
So, yes, some strategy like LIMIT do still need human intervention.

I only apply the strategy that I've felt at least 90% sure it is good. That's why demo account played a big part in this game. It helps a lot of what I should do, and what I shouldn't do . And so far, in terms of demo account, RoboForex is the one which the demo account is almost same like trading in live. So I can play with it. Blown up? Yes, of course (and I'm proud to show you the blown up results). That's to see how much I can play many settings on this EA and try it out.
You can see, no trick, no magic. Just this community walks together to get a better profit.

So, please, join the show....
If you ask me to code/fix your EA... it's probably not for free...
  • #2,255
  • Nov 16, 2015 1:30am Nov 16, 2015 1:30am
TP hit, breakeven for last trade.

Today's plan

Attached Image


1.0793 or 1.0658

Attached Image

New impact lvl, High
No one wants to be defeated~
  • #2,256
  • Nov 16, 2015 1:55am Nov 16, 2015 1:55am
Quoting radityo.ardi
{quote} I do appreciate it, but I hope you read all the thread post first before judging. Though I got red on my username and been in the game for 8 years long, doesn't mean I'm expert in trading. We all are still learning, aren't we? So, yes, some strategy like LIMIT do still need human intervention. I only apply the strategy that I've felt at least 90% sure it is good. That's why demo account played a big part in this game. It helps a lot of what I should do, and what I shouldn't do . And so far, in terms of demo account, RoboForex...
What? 8 years in the game?

It looks i have a long way to go.....only 4 years exp.
No one wants to be defeated~
  • #2,257
  • Nov 16, 2015 2:29am Nov 16, 2015 2:29am
Quoting jonirrenicus
{quote} What? 8 years in the game? It looks i have a long way to go.....only 4 years exp.
hehehe... yes. I was touching trade since I was in high school, which I think more than 8 years ago.

But you see, it doesn't mean that I am more expert than you, since you may have more exposure deeper than me during 4 years of your learning in trading. Trading wasn't my main job, it was started just for fun. But then, as my curiosity grows, I kept learning and learning. Ups and downs is also be part of my learning journey.

Turned out that emotion played a very big part in my trading. That's why I'm very much crazy about creating EA with at least minimal level of human intervention. I just want to throw all technical concept, no drawing lines here and there, calculating this and that. Just put a simple and easy to understand concept (after knowing many kind of trading styles).
If you ask me to code/fix your EA... it's probably not for free...
  • #2,258
  • Nov 16, 2015 3:19am Nov 16, 2015 3:19am
Hi radityo, congrats and thank you for your effort for this EA.
  • #2,259
  • Nov 16, 2015 4:20am Nov 16, 2015 4:20am
Quoting happytrade38
Hi radityo, congrats and thank you for your effort for this EA.
Thanks for the kind support!
Happy trading.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,260
  • Nov 16, 2015 4:43am Nov 16, 2015 4:43am
Hi Radityo, could you indicate if your system is running with 1.5% target on the cycle from the beginning or do you switched recently?

It seems a very high target but if it works.... I mean, I would be very happy with 1% daily gain, so if the target is hit on the first cycle I would be done for the day.

Thank you
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