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Trapping System: Grid

  • #2,901
  • Jan 5, 2016 7:32am Jan 5, 2016 7:32am
Hi Radityo, could you kindly explain the "Threshold" and "Min Profit Open Orders" closing type ?

I'm reading on http://rdzgridtraps.codeplex.com/wik...=Documentation but I seem it's compiled not yet.

Thanks in advance!
  • #2,902
  • Jan 5, 2016 8:17am Jan 5, 2016 8:17am
I'm back!
Sorry for not replying to your messages. I've started trading again today. We'll see how for this month.

Quoting Alberto_Jazz
Hi Radityo, could you kindly explain the "Threshold" and "Min Profit Open Orders" closing type ? I'm reading on http://rdzgridtraps.codeplex.com/wik...=Documentation but I seem it's compiled not yet. Thanks in advance!
Threshold? You mean Close Threshold?
It's a line where whenever it is touched by the current price, all orders will be closed. This option only active when you select Close Type of "Threshold".
If you mean by Auto-Expand Threshold,
It's a line where whenever it is touched, the grid will be auto-expanded. This option is only active when you set Auto-Expand (Threshold).

Min Profit Open Orders, if you set to 2 (for example), When EA sees 2 orders are in profit, it'll close all.

Quoting DriveTime
Hello All First post alert. I love the main charity donation aspect of this EA what a great idea! Much appreciation to those involved in developing here as it looks like there is much work involved. I am planning to test set ups as well, but after reading many posts I am still a little confused as to the overall plan. With this in mind I would e grateful for some help in that am I right in saying at this stage at least, most people choose run either the EA with a limit or stop set up (depending on the markets shape) in two time zones over the UK...
For limit, mostly started at 17:00 GMT and off at 22:00 GMT, avoid high impact news.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,903
  • Jan 5, 2016 8:54am Jan 5, 2016 8:54am
Speaking of high impact news, this week we have to pay attention to the FOMC Minutes, January 6 @ 19 GMT.
  • #2,904
  • Jan 5, 2016 9:36am Jan 5, 2016 9:36am
Quoting Alberto_Jazz
Speaking of high impact news, this week we have to pay attention to the FOMC Minutes, January 6 @ 19 GMT.
Thanks for the heads up! Missed my radar by a mile lol.. Zz
  • #2,905
  • Jan 5, 2016 2:39pm Jan 5, 2016 2:39pm
Thanks very much for the extra info radityo.ardi
  • #2,906
  • Jan 5, 2016 4:30pm Jan 5, 2016 4:30pm
Quoting hishamzz
{quote} Hey Alberto.. Would it not always be safer to chose the target profit or middle point method of closure rather than opting for target profit? Radityo's latest set files is supposedly able to handle 20+ levels of trending price (based on the grid size given) and what we saw towards the end of December had moved 14 to 15 levels so it is supposedly safe to assume that it should withstand trending moments but then again.. it all depends on what drives the move.. Has anyone any clue on what exactly caused EU to trend over the limit trading period?...
The day that moved 14 smt levels was the US GDP report day, it is actually a high impact report, directly related to the other reports in general. Also the last two weeks of december and first few days of january should be avoided for any kind of strategy..
  • #2,907
  • Jan 5, 2016 5:00pm Jan 5, 2016 5:00pm
cool...

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 82 KB


1.3956 a is bad TP....very bad....
No one wants to be defeated~
  • #2,908
  • Jan 5, 2016 7:45pm Jan 5, 2016 7:45pm
Quoting _Oci
{quote} The day that moved 14 smt levels was the US GDP report day, it is actually a high impact report, directly related to the other reports in general. Also the last two weeks of december and first few days of january should be avoided for any kind of strategy..
Hmmm.... I'm interested to know where can I see the dates for US GDP report. Seems this thing never been posted in the FF calendar, nor in myfxbook. Correct me if I'm wrong.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,909
  • Jan 5, 2016 7:51pm Jan 5, 2016 7:51pm
Quoting Alberto_Jazz
Speaking of high impact news, this week we have to pay attention to the FOMC Minutes, January 6 @ 19 GMT.
Great for the heads up. But there's no Interest Rate announcement over there.

I'll stop the strategy tonight for the Donation BOX (keeping it safe for donation).
While for GTLIMITEURUSD2 above, I'll think whether I want to run with _LOWRISK_A set file. My considerations is because there's no Interest Rate announcements (which most of the case will cause it to form a new level). I'll let you know later.
If you ask me to code/fix your EA... it's probably not for free...
  • #2,910
  • Jan 5, 2016 11:30pm Jan 5, 2016 11:30pm
Quoting jonirrenicus
cool... {image} 1.3956 a is bad TP....very bad....
Joni,

you use limit or stop? Maybe better post chart for the session you trade so we can learn.

profit is profit, better than loss
Look for it and you will find it
  • #2,911
  • Jan 5, 2016 11:39pm Jan 5, 2016 11:39pm
Quoting radityo.ardi
{quote} Hmmm.... I'm interested to know where can I see the dates for US GDP report. Seems this thing never been posted in the FF calendar, nor in myfxbook. Correct me if I'm wrong.
good source for news is here http://www.forexlive.com/EconomicCalendar
  • #2,912
  • Jan 6, 2016 1:37am Jan 6, 2016 1:37am
Quoting _Oci
{quote} The day that moved 14 smt levels was the US GDP report day, it is actually a high impact report, directly related to the other reports in general. Also the last two weeks of december and first few days of january should be avoided for any kind of strategy..
Any tips on where you found this info bro? Need to consolidate all probably news which could affect the limit strategy and true.. agree on the end of the december.

Reminder - FOMC Meeting Minutes coming up! --> http://news.forexlive.com/!/federal-...nking-20160106

Seeing the movements in EU for the past few days I would not be very confident going through this..

Radityo - Had been wanting to ask you this for quite a while. How complex would it be to change the way the EA makes the orders. As in, currently the orders are placed in the form of pending (limit/stop) orders. Is it possible to shift to a market/instant execution model where the EA creates the grid based on price movement (grid step). This will be a step in making the EA more broker friendly would you not think? Just a thought There are ways to mitigate issues faced with brokers as a result of the multiple pending orders but if the EA could handle the trades in this manner, no mitigation is required.

Zz


Zz
  • #2,913
  • Jan 6, 2016 1:49am Jan 6, 2016 1:49am
Quoting braveh4rt
{quote} Joni, you use limit or stop? Maybe better post chart for the session you trade so we can learn. profit is profit, better than loss
stop EA traded at 50% fibo retracement....

My exp. better use limit EA on E/U only, cause other pairs are not stable.

Stop EA works on all pairs due to high Profit and loss ratio.

today's plan
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 31 KB

The key point is to locate consolidation area by fibo lvl.
petty easy umh?

One more thing, swith on " close all orders if in profit " before FOCM
No one wants to be defeated~
  • #2,914
  • Jan 6, 2016 2:35am Jan 6, 2016 2:35am
Quoting radityo.ardi
{quote} Hmmm.... I'm interested to know where can I see the dates for US GDP report. Seems this thing never been posted in the FF calendar, nor in myfxbook. Correct me if I'm wrong.

Wow i don't use both calendars but it's strange if they don't mark gdp as high impact. I use three calendars but I'm not sure if we're allowed to give other sites. I think this one is not problem and it has a historical analysis feature etc;

http://www.fasteconomicnews.com/fx_calendar.aspx

You can choose the week for 22nd december. This site doesn't mark the impact but they're news traders so you can think like this; if they think it's worth to trade news, it can be good to avoid for ranging systems

Anyway, I think GDP and retail sales reports can also be avoided in addition to fed/fomc and NFP. Market behaves weird even if there is no deviation from the expectations.
  • #2,915
  • Jan 6, 2016 8:02am Jan 6, 2016 8:02am
Guys,
Turn off your limit for today. FOMC ahead.

Anyway, I'm interested to know, don't follow me, I'm going to run it anyway with LOWRISK_A set file (or even lower than that).
If you ask me to code/fix your EA... it's probably not for free...
  • #2,916
  • Jan 6, 2016 10:01am Jan 6, 2016 10:01am
Hello radityo.ardi , I have some question for Stop time action when i choose "Force close orders if not opened"
My stop time is 21.00 So, What is going on if i have some orders after 21.00 ? EA still run untill end this cycle right ?

Thank you
  • #2,917
  • Jan 6, 2016 8:24pm Jan 6, 2016 8:24pm
So,i have been doing some backtests regardless some drawbacks of backtest process.
Main purpose are to find out will the EA survive on Sample data and what news/events that caused account blow.
Basicly, I used Radit's GTL_LOWRISK set files and make 2 part of it. The only difference between those 2 set part is:
Attached Image

Here is the set files:
Attached File(s)
File Type: txt 1. 17.00-00.00.txt   1 KB | 279 downloads
Attached File(s)
File Type: txt 2. 00.00-04.00.txt   5 KB | 261 downloads


The reason I make 2 part is when I did backtest on 24-26 August 2015 the account blew even though there was no red news at that time, this happened on the first part (17.00-00.00) of the EA so I lower my LOT and Target on this time.

As you all know, if we use NoStoploss the account has greater change to survive trending move than using Stoploss. The problem with No stoploss is when price trends so strong, all of our hard earn money might gone in a flash. So I add 50% on stoploss, first, to find out the change of the account survive and second, to find out news that is important enough in causing the price trending.

And here are the results and news that MIGHT caused the account blew/stopped
(note: all time is in GMT+2).
Attached File(s)
File Type: xlsx 2015.1..xlsx   118 KB | 265 downloads
Attached File(s)
File Type: xlsx 2015.2..xlsx   107 KB | 352 downloads


Some conclusion:
1. Part 2 of the EA has greater change of survive that part 1
2. There are some problems in part 1, for example, in 6 April there was red news of FOMC Member Dudley Speaks in 2.30PM so it should have been save to turn on the EA in normal time (19.00). However the account blew. Same thing with 15 April and 9 July.
3. Based on 3 March, we should turn off the EA when there is red news (Fed Chair Yellen Speaks) hours ahead of us.
  • #2,918
  • Jan 6, 2016 9:11pm Jan 6, 2016 9:11pm
Quoting yogasampurno
So,i have been doing some backtests regardless some drawbacks of backtest process. Main purpose are to find out will the EA survive on Sample data and what news/events that caused account blow. Basicly, I used Radit's GTL_LOWRISK set files and make 2 part of it. The only difference between those 2 set part is: {image} Here is the set files: {file}{file} The reason I make 2 part is when I did backtest on 24-26 August 2015 the account blew even though there was no red news at that time, this happened on the first part (17.00-00.00) of the EA so I...

Stuck in buy use sell recovery....visversa

Why? it wont cost you margin for buy if you stuck in sell.....

keep it simple....and creative....
No one wants to be defeated~
  • #2,919
  • Jan 6, 2016 11:46pm Jan 6, 2016 11:46pm
For last night's trading was OK. It was only FOMC meeting minutes, but quite interesting to play with it with lower lot size. It was closed with 2 cycles, both never reaches 5th grid index. So, I'll return it back to what it was.


One more thing,
Last night, I received a payment from PayPal through [email protected], his name was Naito Ryo (内藤 亮).
Does anybody know, or Naito Ryo can confirm to me whether this is an intended donation? Whether this is direct donation or investment donation?

I don't seem receive any email confirmation on this, or a PM confirming about this, or Naito Ryo him/herself never confirmed about this.

If there's no confirmation for the next 5 days, I'll assume this is donation, and to discuss with team what to do with the donation (whether it will be direct or investment donation).
If you ask me to code/fix your EA... it's probably not for free...
  • #2,920
  • Jan 7, 2016 12:19am Jan 7, 2016 12:19am
Hi Rad,

Trying to setup v2.0 again.
Encountered the following error. Any advice how to fix this?


2016.01.07 14:18:42.955 RdzGridTraps EURUSD.m,H1: invalid lots amount for OrderSend function
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 86 KB
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