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Trapping System: Grid

  • #2,761
  • Dec 10, 2015 10:49pm Dec 10, 2015 10:49pm
Quoting archishard
{quote} Might ask what: Trading time, grid step, Current Price Interval and Target multiplier?
Hi Archishard,

I am using fix Tp 80 $, 75 grid step, time 1:00 AM GMT +8, price interval 50. it is GTLIMITEURUSD2 setup. close setup to start point or target hit. close order after 3
Look for it and you will find it
  • #2,762
  • Dec 11, 2015 1:41am Dec 11, 2015 1:41am
Hi Radityo.ardi
I have noticed with EURLIMIT02.set that at times price trends and is far away from your target level or mid price level. Suppose it has gone to level 8 or 9 above or below the starting level and then it retraces. Let us say my target profit was 20. I notice that when it retraces upto level 5 my trade level 9 is 25 points in profit and my my trade level from level 8 is 20 points in profit. At these levels I am above my target profit.
So it is possible if I take those two profits and those levels (8 and 9) get automatically refilled by new orders.
It does mean that it will take longer to close the original cycle but I will be in constant profit mode at the expense of slightly higher draw down.
  • #2,763
  • Dec 11, 2015 6:19am Dec 11, 2015 6:19am
After two days of floating loss, finally managed to cut loss with 10% loss. At the lowest point it reached 50% draw down. Lucky me.
This trades was the third cycle on 9 Dec, should have close after the stop time ended.
I must find out is there some thing wrong with my setting because I believe no one has this issue.
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  • #2,764
  • Dec 12, 2015 3:12am Dec 12, 2015 3:12am
Quoting michaelasks
{quote} actually no. it is in many ways safer. you are more likely to get stuck when the market does not retrace enough to close your grid. at least with a very gradual increase it keeps the closing power high as the market moves away. Martingale can be used very well when you know what you are doing.
i agree with you, without increase lot, its hard to get out, can stuck for weeks or month
  • #2,765
  • Dec 13, 2015 8:47pm Dec 13, 2015 8:47pm
Quoting yogasampurno
After two days of floating loss, finally managed to cut loss with 10% loss. At the lowest point it reached 50% draw down. Lucky me. This trades was the third cycle on 9 Dec, should have close after the stop time ended. I must find out is there some thing wrong with my setting because I believe no one has this issue. {image}
It didn't close, is it because there is an open order running after the stop time?
  • #2,766
  • Dec 14, 2015 3:17am Dec 14, 2015 3:17am
Quoting happytrade38
{quote} It didn't close, is it because there is an open order running after the stop time?
Yes, there was 1 open order at that stop time. And i use "Target Based OR Middle Point" for Close Type. Would be safer to use "Target Based OR Min Profit Open Orders".
  • #2,767
  • Dec 14, 2015 7:17am Dec 14, 2015 7:17am
Quoting radityo.ardi
{quote}
hello i think that might be a bug in V1.9, it should have done 1 cycle and then stop, but it actually put the limit orders for a 2nd cycle, the cycle counter was showing 2 OF 1
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  • #2,768
  • Dec 14, 2015 12:36pm Dec 14, 2015 12:36pm
Hi Radityo , can you tell me please that you are using set file on live account Roboforex ? Thank you...
https://tracking.avapartner.com/_RwAAA
  • #2,769
  • Dec 14, 2015 1:14pm Dec 14, 2015 1:14pm
Quoting akkus45
Hi Radityo , can you tell me please that you are using set file on live account Roboforex ? Thank you...
Hi mate!
He already shared with us many times...
You can use the paperclip in the top right of the page to search for file attached to the thread...
You can find them with many other at post #2299 and reading previous posts you can better understand the evolution of the set file and the evolution of the name from GTLIMITEURUSD2 to GTL_EU2.set during the time and during the versions updates.
  • #2,770
  • Dec 14, 2015 1:49pm Dec 14, 2015 1:49pm
Quoting chucrut
{quote} Hi mate! He already shared with us many times...
Ok I'm sorry , thank you dear friend. I asked this question for that I saw different placed orders on his live account like different of shared sets files , I marked orders you can see on attached file. Thank you.
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https://tracking.avapartner.com/_RwAAA
  • #2,771
  • Dec 14, 2015 2:27pm Dec 14, 2015 2:27pm
Quoting akkus45
{quote} Ok I'm sorry , thank you dear friend. I asked this question for that I saw different placed orders on his live account like different of shared sets files , I marked orders you can see on attached file. Thank you. {image}
I think I'm not understanding what you mean, sorry...
I think those are the "normal" pendings Limit Orders placed from the EA...
  • #2,772
  • Dec 14, 2015 7:32pm Dec 14, 2015 7:32pm
Hi All,
what an interesting week. I was off for couple days, and now I'm back.

For those who wonder about kind of "martingale" thing, please be patient. I know what you mean.
Even earlier I promised that this will be part of v2.0, so just wait while I'm working on it.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,773
  • Dec 14, 2015 7:35pm Dec 14, 2015 7:35pm
Thank you Mr. Radityo , It's good start to week.
https://tracking.avapartner.com/_RwAAA
  • #2,774
  • Dec 14, 2015 7:50pm Dec 14, 2015 7:50pm
Quoting chucrut
{quote} Hi mate! I see your GTL yesterday night worked well even if EU started to trend after London Close, I just wanted to say to you that on my side I shifted the start hour 1 hour later to avoid to get trapped on the trend. Like already said many times, I prefer lose 1 cycle in a normal day but jump on later in a trending day... I got out earlier and less stress ahah. I'm also keeping on with EU with a tighter grid and less hour exposed to the marked (18:00 - 21:00 GMT) and yesterday was like a perfect day ahah, it seemed that all the movements...
Noted, bro. I think I may need to review the set file. It feels that the current one is not really safe enough.

And I hate to say that my account used for donation was behaving strange. It was opened the cycle at a different price level. Need to find out whether this due to network or other else (as my VPS was hard-reset during power outage last time).

Quoting fabio.g
{quote} hello i think that might be a bug in V1.9, it should have done 1 cycle and then stop, but it actually put the limit orders for a 2nd cycle, the cycle counter was showing 2 OF 1 {image}
Yikes...
Thanks a ton, bro. I'll do a review tonight.

Quoting yogasampurno
After two days of floating loss, finally managed to cut loss with 10% loss. At the lowest point it reached 50% draw down. Lucky me. This trades was the third cycle on 9 Dec, should have close after the stop time ended. I must find out is there some thing wrong with my setting because I believe no one has this issue. {image}
hmmm... yes. It happened the same with donation account, even worse, it was started at the top of the mountain though it managed to close 1 cycle earlier. That time I decided to wait for sometime then the trend down started.
But both of the existing account (GTLIMITEURUSD2 and the other hidden account) was closed the cycle successfully and no opened order after that. And it was floating for 2 days when I left. Finally closed with profit.

So, I'm going to review the set file for a while for a better configuration. Let us seek frequent cycle closure with smaller profit. That'd be better I guess.

Quoting shaan
Hi Radityo.ardi I have noticed with EURLIMIT02.set that at times price trends and is far away from your target level or mid price level. Suppose it has gone to level 8 or 9 above or below the starting level and then it retraces. Let us say my target profit was 20. I notice that when it retraces upto level 5 my trade level 9 is 25 points in profit and my my trade level from level 8 is 20 points in profit. At these levels I am above my target profit. So it is possible if I take those two profits and those levels (8 and 9) get automatically refilled...
refilling orders is my plan for v2.0. So please wait for it.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,775
  • Dec 15, 2015 2:57am Dec 15, 2015 2:57am
hi, would like to ask the basic question here relate to margin calculation in roboforex.

Pair: EURUSD
Leverage: 1:300
Price: Assuming is the same at 1.1000
Margin = (price x lot x 100,000) / leverage

Scenario 1:
0.02 lot (sell)
0.06 lot (pending buy)
Margin showed in MT4 is $7.33
Manual Calculation: (1.1000 x 0.02 lot (sell) x 100,000) / 300 = $7.333
Conclusion: MT4 only takes into consideration of open "sell" position in scenario 1


Scenario 2:
0.02 lot (sell)
0.06 lot ( buy)
0.10 lot (pending sell)
Margin showed in MT4 is $18.33
Manual Calculation: (1.1000 x 0.04 lot [0.06 lot buy - 0.02 lot sell] x 100,000) / 300 = $14.67
Conclusion: The manual calculation doesn't tie to Margin showed in MT4

I have live chat with Robo forex on separate days, one give me the answer that the margin will takes into consideration of pending order as well, but scenario 1 proved it doesn't. Second day, another agent tell me the margin calculation is based on total volume irregardless of buy or sell. Anyone expert please correct me here..
  • #2,776
  • Dec 15, 2015 3:28am Dec 15, 2015 3:28am
Quoting radityo.ardi
{quote} Noted, bro. I think I may need to review the set file. It feels that the current one is not really safe enough. And I hate to say that my account used for donation was behaving strange. It was opened the cycle at a different price level. Need to find out whether this due to network or other else (as my VPS was hard-reset during power outage last time)
On my side last week was a very good week, and the first session of this week also.
I'm little bit scared of FOMC this Wednesday, sure I'll turn it off and will check before put it on Thursday, I want to see how the market will behave.
Maybe could be an option to turn it off the rest of week, let see later...

Btw, I'm following your myfxbooks and I noticed that "GTLIMITEURUSD2 (Live)" is not updating since 2 of December.
http://www.myfxbook.com/members/radi...2-live/1331193
Meanwhile looking at the Trade Explorer it looks working good...
  • #2,777
  • Dec 15, 2015 4:47am Dec 15, 2015 4:47am
Quoting happytrade38
hi, would like to ask the basic question here relate to margin calculation in roboforex. Pair: EURUSD Leverage: 1:300 Price: Assuming is the same at 1.1000 Margin = (price x lot x 100,000) / leverage Scenario 1: 0.02 lot (sell) 0.06 lot (pending buy) Margin showed in MT4 is $7.33 Manual Calculation: (1.1000 x 0.02 lot (sell) x 100,000) / 300 = $7.333 Conclusion: MT4 only takes into consideration of open "sell" position in scenario 1 Scenario 2: 0.02 lot (sell) 0.06 lot ( buy) 0.10 lot (pending sell) Margin showed in MT4 is $18.33 Manual Calculation:...
Margin is always calculated based on the open order, irregardless of its position whether buy or sell. That means, you should add instead of substracting it. So, total lot size should be 0.08 = 0.02 + 0.06

So, to calculate the lot size it should be like following:
( Price x LotSize x 100,000 ) / Leverage

So, if you have multiple position, you can add the total in LotSize ONLY if all position opened at the exact same price.
With 1.1000 price, and 0.02 and 0.06, your margin should be $29.33.

Pending order never counts. This formula is common everywhere.

BUT,
(I'm also new in this term) in RoboForex, all accounts are applied with Hedged Margin (just asked with them, showing the exact calculation, since I had the same question like you).
Hedged margin can be any number (percentage) applied by broker. For instance, they can apply 0% hedged margin, or 50% (one example is for Alpari), or 25% (for Roboforex).

This means, if you open position that is same position (all BUY or all SELL), the standard margin applies (which means the common calculation above).

But if you open hedging position, BUY and SELL of the same instrument and the same volume (this is what I heard from RoboForex support), the hedge margin applies, which is the standard margin reduced by 25% (for roboforex). So, in this case, typically your Total Margin used is lower than standard one if you open hedged positions.

I hope this answer the question... (hey, I'm also new in this).

Note: by the time I wrote this, I'm still in chat with RoboForex support about this.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,778
  • Dec 15, 2015 4:52am Dec 15, 2015 4:52am
yes some brokers have the offset of buy.sell pos in same instrument. the catch will be when you liquidate one side then the full margin is exposed on the remaining trade. sometimes if you are not careful the full margin on the now naked trade will result in the entire position being force liquidate by broker..
  • #2,779
  • Dec 15, 2015 6:56am Dec 15, 2015 6:56am
Quoting chucrut
{quote} On my side last week was a very good week, and the first session of this week also. I'm little bit scared of FOMC this Wednesday, sure I'll turn it off and will check before put it on Thursday, I want to see how the market will behave. Maybe could be an option to turn it off the rest of week, let see later... Btw, I'm following your myfxbooks and I noticed that "GTLIMITEURUSD2 (Live)" is not updating since 2 of December. http://www.myfxbook.com/members/radi...2-live/1331193 Meanwhile looking at the Trade Explorer...
You ve gotta be scared of FOMC! hehe... a good chance of whiplash on both sides in different groups of traders anticipating a rate hike/cut. I am switching it off from my end to be on the safer side.. Draghi's speech yesterday had me worried too when looking at EU but i guess it settled to a great extent hours afterwards. *phew*

There are occasions where myfxbook would not update for some broker side related reason. Clicking on Connect in the edit settings for that account usually resolves it temporarily but for continuous connection myfxbook recommends using their publisher EA.

Zz
  • #2,780
  • Dec 15, 2015 9:12am Dec 15, 2015 9:12am
Quoting radityo.ardi
{quote} {quote} Yikes... Thanks a ton, bro. I'll do a review tonight. {quote}
just to let you know the bug is consistent and it keeps doing the same. the strange thing is that, it does not appear on the demo account only on the live.
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