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Trapping System: Grid

  • #2,781
  • Dec 15, 2015 11:48am Dec 15, 2015 11:48am
Using this EA around news releases is great when set to Stops, well it was on demo anyway.

Live, using a Razor account, with commission and usually low spreads I am getting hammered.
The spread on UC today widened from 0.5 to 16.4 just as the news was released causing all sorts of problems.
I managed to get out without a loss but that was more luck than judgement.
My broker does offer a standard account but I think it is also a variable spread account.

Any of you that trade live, can you recommend a broker with fixed spreads that seems relatively honest and genuine?
  • #2,782
  • Dec 15, 2015 8:21pm Dec 15, 2015 8:21pm
Quoting radityo.ardi
{quote} 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...


If there is 0.02 (sell) , 0.06 (buy) and 0.10 lot (pending sell), the margin shown in MT4 is $18.33 (around 0.05 lot), and not calculate based on total lot size of 0.08 (0.02 + 0.06). This part I am confusing.
  • #2,783
  • Dec 15, 2015 9:41pm Dec 15, 2015 9:41pm
Hey Radityo!

admiring you thread.

Do you have a rough Estimation for the arrival of V2.0?

as for Safety, i think you need to make your wins big enough that when the losses do happen, they are ok. Sometimes more aggressive is safer.

During Euro-London open hours there is a lot of up and down all the time. regularly enough that if you made a grid that has a 70pip range you would catch 95% of them when they retract.

Earlier this year i used a simular EA tool as this. Starting at around Euro open and closing about 1-2 hours after london open, i was making 20%+ a day using grids. You have to have the center gap right, the grid step tight enough to be at the beginning of the retraction and using a percentage martingale. 70%+ the price turns around within 30pips of the Euro london open. if your center pips is 30, so 15pips per side you start at a good place where it is quite likely to turn around. Martingale is a very big part however as your orders need to stay powerful to catch even a 15 pip retraction. As i said. 95% of days, EuroUsd does large retractions during london session within 70pips.
  • #2,784
  • Edited Dec 16, 2015 2:24am Dec 15, 2015 9:50pm | Edited Dec 16, 2015 2:24am
the attached file is another idea.

So, it makes a grid of buys and sells that completely overlap.

To make it profitable, it is a good idea to have the individual order tp 4X the size of the grid. this will produce low draw down and higher profit. A very safe and profitable tool, also trades a lot!

however it needs modification in the code. if someone here who knows MQL4 code could look at it, it needs the orders to be re-placed after closing in profit. If you try to back test this as it is it will die very quickly until that is done. but, then it is close to invincible and very able to be back tested

i am just posting here for ideas and to contribute.

Bless you all for this amazing thread!

THis EA is not in working order! It is for the concept.
Attached File(s)
File Type: mq4 Two way grid.mq4   6 KB | 425 downloads
  • #2,785
  • Dec 16, 2015 4:11am Dec 16, 2015 4:11am
Quoting happytrade38
{quote} If there is 0.02 (sell) , 0.06 (buy) and 0.10 lot (pending sell), the margin shown in MT4 is $18.33 (around 0.05 lot), and not calculate based on total lot size of 0.08 (0.02 + 0.06). This part I am confusing.
Would you mind to check once again, or get a screenshot if you can?

I got answered by RoboForex team, the answer is correct on their side. My calculation and their calculation was almost the same (well, pretty much...).
Your case, since the lot size is different, none of them eligible for hedged margin.
But, just check with the other trades.

The key rule is same lot size, same instrument, and hedged (buy and sell), as 1 pair, will be calculated with hedged margin. The rest, just normal margin calculation.

Quoting michaelasks
Hey Radityo! admiring you thread. Do you have a rough Estimation for the arrival of V2.0? as for Safety, i think you need to make your wins big enough that when the losses do happen, they are ok. Sometimes more aggressive is safer. During Euro-London open hours there is a lot of up and down all the time. regularly enough that if you made a grid that has a 70pip range you would catch 95% of them when they retract. Earlier this year i used a simular EA tool as this. Starting at around Euro open and closing about 1-2 hours after london open, i was...
v2.0 is planned to be released end of this week. But I feel it will be delayed, as end of this week I'll be traveling overseas for something.
Anyway, I'll push it to codeplex.com, so you guys can try while the code is being developed.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,786
  • Dec 16, 2015 4:20am Dec 16, 2015 4:20am
Guys, as chucrut and hishamzz mentioned, scheduled tonight (Asian times) there'll be FOMC and Fed Interest Rate.

Both combined will have an awesome effect on the chart. LIMIT hates it, so please turn it off before it blew your account (unless you love to experiment).
If you ask me to code/fix your EA... it's probably not for free...
  • #2,787
  • Dec 16, 2015 4:54am Dec 16, 2015 4:54am
Quoting michaelasks
Earlier this year i used a simular EA tool as this. Starting at around Euro open and closing about 1-2 hours after london open, i was making 20%+ a day using grids. You have to have the center gap right, the grid step tight enough to be at the beginning of the retraction and using a percentage martingale. 70%+ the price turns around within 30pips of the Euro london open. if your center pips is 30, so 15pips per side you start at a good place where it is quite likely to turn around. Martingale is a very big part however as your orders need to stay...
After all these few months of running live, and straight 7 months of running demo, I do feel that this still need improvements.

Yes, martingale is one of the improvement strategy that has been discussed in this thread as well. Initially I drag back myself doing this, since I got a bad experience with martingale. But you know what, this strategy (especially LIMIT orders) was also because of stupid unfamous idea.

We'll see how it goes. I guess I'll try to deliver martingale first, see how it goes.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,788
  • Edited 7:34am Dec 16, 2015 7:05am | Edited 7:34am
Quoting radityo.ardi
{quote} After all these few months of running live, and straight 7 months of running demo, I do feel that this still need improvements. Yes, martingale is one of the improvement strategy that has been discussed in this thread as well. Initially I drag back myself doing this, since I got a bad experience with martingale. But you know what, this strategy (especially LIMIT orders) was also because of stupid unfamous idea. We'll see how it goes. I guess I'll try to deliver martingale first, see how it goes.
I'm attracted too by martingale but I would suggest like a safer approach, like a new Multiplier, not a pure Martingale ...
For Example:

Balance = 1000$
Lots Multiplier = 0.00007
(so right now we have all grid with 0.07)
But if we put something like:
Increase Multiplier = 1.05
#1 (first order on each side of the grid) would be = 1000*0.00007 * 1.05 = 0.0735 = 0.07
#2 0.0735 * 1.05 = 0.077175 = 0.07
#3 0.077175 * 1.05 = 0.08103375 = 0.08
#4 0.08103375 * 1.05 = 0.08508544 = 0.08
#5 0.08508544 * 1.05 = 0.08933971 = 0.08
#6 0.08933971 * 1.05 = 0.09380669 = 0.09

I would suggest to round to the lower number the decimals for a conservative approach...
(i mean 0.029 = 0.02)
If someone don't want to use it just left the Multiplier set to 1.
This is just an idea...I think could be safer than a 2 *Martingale and with Limits during the session that we are currently trading could really help to need less retracement to get out faster...

Attached Image
  • #2,789
  • Dec 16, 2015 11:11am Dec 16, 2015 11:11am
I think that sound like a great plan, I have been successful with EUR/CHF for the past 30 days, but some of the trades have been sitting around for a while before eventually closing out in profit, with a soft martingale strategy like yours, I think I would ave closed a number of trades earlier.
  • #2,790
  • Dec 16, 2015 11:31am Dec 16, 2015 11:31am
Quoting radityo.ardi
{quote} After all these few months of running live, and straight 7 months of running demo, I do feel that this still need improvements. Yes, martingale is one of the improvement strategy that has been discussed in this thread as well. Initially I drag back myself doing this, since I got a bad experience with martingale. But you know what, this strategy (especially LIMIT orders) was also because of stupid unfamous idea. We'll see how it goes. I guess I'll try to deliver martingale first, see how it goes.
I'm sorry to bother you, but I wanted you two questions if possible
The hours in which to activate EA according to GMT Rome IT
The last stations of useful 'EA version 1.8
thanks for your patience
  • #2,791
  • Dec 16, 2015 11:36am Dec 16, 2015 11:36am
Just for updates, I'm finished with martingale logic.
Quite impressive though. From GTL_EU2, I've just changed the Initial Lot Size multiplier to 0.00001 instead of 0.00007, and change Close Type to "Target Based (Standard)" instead of "Target Based OR Min Profit Open Orders".

Introducing,
"Gradual Lot Size Multiplier" ► set to 1.5,
and "Gradual Lots Operator" ► set to Multiply (2 options currently, "Add" and "Multiply")

So, from the calculated initial lot size, it will just do Multiply 1.5 with Initial Lot size. Drawdown is quite high though.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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If you ask me to code/fix your EA... it's probably not for free...
  • #2,792
  • Dec 16, 2015 11:39am Dec 16, 2015 11:39am
Quoting Given1988
{quote} I'm sorry to bother you, but I wanted you two questions if possible The hours in which to activate EA according to GMT Rome IT The last stations of useful 'EA version 1.8 thanks for your patience
v1.8 set file is already in GMT. You don't need to change anything, just match the timezone of your PC and datetime accordingly.
If you set timezone to Rome, then datetime should also be in Rome.
If you set timezone to Singapore, then datetime should also be in Singapore.
Unless, you'll face issue in EA starting time.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,793
  • Dec 16, 2015 12:10pm Dec 16, 2015 12:10pm
ok , but I have to start with the markets closed or open ?
  • #2,794
  • Dec 16, 2015 7:54pm Dec 16, 2015 7:54pm
Quoting Given1988
ok , but I have to start with the markets closed or open ?
It doesn't matter whether you run it when the market closed or open. One thing, the EA should run during active (when it places order until it completely all closed).
If you ask me to code/fix your EA... it's probably not for free...
  • #2,795
  • Dec 16, 2015 9:37pm Dec 16, 2015 9:37pm
Quoting chucrut
{quote} I'm attracted too by martingale but I would suggest like a safer approach, like a new Multiplier, not a pure Martingale ... For Example: Balance = 1000$ Lots Multiplier = 0.00007 (so right now we have all grid with 0.07) But if we put something like: Increase Multiplier = 1.05 #1 (first order on each side of the grid) would be = 1000*0.00007 * 1.05 = 0.0735 = 0.07 #2 0.0735 * 1.05 = 0.077175 = 0.07 #3 0.077175 * 1.05 = 0.08103375 = 0.08 #4 0.08103375 * 1.05 = 0.08508544 = 0.08 #5 0.08508544 * 1.05 = 0.08933971 = 0.08 #6 0.08933971 * 1.05...
how if the multilplier base on the grid levels. say level 1-5 is 0.1
then from 6-10 start multiplying by 1.5 from level 5
from 10 - 15 start multiplying by 1.5 from level 10

so kinda jumping martiangle . so the draw down will not b e much. i see this from other thread which build position before FO Open and close on LO.

so the last level open will be bigger lot and hit TP more faster to cover first lot level below.
Look for it and you will find it
  • #2,796
  • Dec 17, 2015 4:41am Dec 17, 2015 4:41am
Just FYI,
I'm going to be off for couple days.

What I have done:

  1. Checked in RdzGridTraps v1.10 - fix for Cycle Count
  2. Checked in RdzGridTraps v2.0 beta


Note that v2.0 is still under development, so you may see errors. But I don't close the opportunity for you to try it.
One feature that is already developed: Gradual Lot Size.
If you would like to backtest it, reset the parameters first, load up GTL_EU2 set file, then change:

  1. Initial Lots Type: Dynamic Gradual
  2. Gradual Lots Operator: Multiply
  3. Gradual Lots Multiplier: 1.05, 1.5 or 2.0 (as you like)

The mechanism will do like:
The very first order of each side ► Lot size will be taken from Initial Lots Type (Fixed Gradual), or from Initial Lots Multiplier (Dynamic Gradual)
The subsequent order of each side ► Lot size will be taken from the previous index's order, then multiplied (if Gradual Lots Operator: Multiply) or added (if Gradual Lots Operator: Add) by Gradual Lots Multiplier.

For example:
If you set Initial Lots Type: Dynamic Gradual, Gradual Lots Operator: Multiply, Gradual Lots Multiplier: 1.5, Calculation Source: Balance, Initial Lots Multiplier: 0.00007.
First order Lot size = Balance * 0.00007
Second order lot size = first order lot size * 1.5
Third order lot size = second order lot size * 1.5
so on and so forth.

I have to apologize, I am not going to fix the issue with ex4 not being loaded in your MT4. You have to compile the source code on your PC alone, if you face this issue.
Metatrader 4 is now much more dynamic, they loaded it up with auto-updater. So, please make sure your MT4 is updated to the latest version.

Now since the source code is more than 2000 lines, I've splitted into couple files.
If you wish to compile your own, download all files under v2.0 in Codeplex, then open only RdzGridTraps.mq4 (as usual) and click Compile.

Happy good weekend, the EA still have 1 more run tonight to close this week.

If you ask me to code/fix your EA... it's probably not for free...
  • #2,797
  • Dec 17, 2015 5:33am Dec 17, 2015 5:33am
Quoting radityo.ardi
Just FYI, I'm going to be off for couple days. What I have done: Checked in RdzGridTraps v1.10 - fix for Cycle Count Checked in RdzGridTraps v2.0 beta Note that v2.0 is still under development, so you may see errors. But I don't close the opportunity for you to try it. One feature that is already developed: Gradual Lot Size. If you would like to backtest it, reset the parameters first, load up GTL_EU2 set file, then change: Initial Lots Type: Dynamic Gradual Gradual Lots Operator: Multiply Gradual Lots Multiplier: 1.05, 1.5 or 2.0 (as you like)...
Have a great weekend Sir!

Will be patient for you to finish off 2.0. Still using 1.7 and happy with it so far.
I do hope though that you are taking into consideration a trailing profit logic If no, i could probably help out with that after you are done with 2.0 Mediocre MQL4 coding mind you lol..

Zz
  • #2,798
  • Dec 17, 2015 5:45am Dec 17, 2015 5:45am
Have a nice weekend...
https://tracking.avapartner.com/_RwAAA
  • #2,799
  • Dec 17, 2015 7:17am Dec 17, 2015 7:17am
Quoting radityo.ardi
Just for updates, I'm finished with martingale logic. Quite impressive though. From GTL_EU2, I've just changed the Initial Lot Size multiplier to 0.00001 instead of 0.00007, and change Close Type to "Target Based (Standard)" instead of "Target Based OR Min Profit Open Orders". Introducing, "Gradual Lot Size Multiplier" ► set to 1.5, and "Gradual Lots Operator" ► set to Multiply (2 options currently, "Add" and "Multiply") So, from the calculated initial lot size, it will just do Multiply 1.5 with Initial Lot size. Drawdown is quite high...
You are always a step forward bro! Thanks! Will wait for the v2.0!
Currently using v1.8 and working like a charm...

Quoting braveh4rt
{quote} how if the multilplier base on the grid levels. say level 1-5 is 0.1 then from 6-10 start multiplying by 1.5 from level 5 from 10 - 15 start multiplying by 1.5 from level 10 so kinda jumping martiangle . so the draw down will not b e much. i see this from other thread which build position before FO Open and close on LO. so the last level open will be bigger lot and hit TP more faster to cover first lot level below.
Hi mate!
Do you mean having different Multipliers for different "blocks of orders"?
I mean: #1 to # 5 Multiplier = 1.05, #6 to #10 Multiplier =1.5?
I think could work also, but I see it like a bit more aggressive, and until now with GTL_EU2 or my EU_AGG, trading late US and Asia on no red news day I don't see the need to have a more aggressive grid, i think with 1 Gradual Multiplier only could be enough...
And then we would face a problem like: From which #order to which #order use MultiplierX and than from which #order again to which #order again use another MultiplierY?
I think would be a little messy, because i think it could work, but if you do it you have to leave the operator free to chose the levels, not fixed (from #1 to #5 for example) according to his own strategy and trading window...
I think for now what Radityo did is enough, let's see how it work...
  • #2,800
  • Dec 17, 2015 10:00am Dec 17, 2015 10:00am
Hi all,
just want to quick update of my live (cents) account reports:
i'm gonna wd half of it and test on another strategy, hopefully can gain fast too and i'll donate some for Tunas Bangsa soon

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