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Trapping System: Grid

  • #3,161
  • Feb 11, 2016 4:01am Feb 11, 2016 4:01am
Quoting Sathis
{quote} Hi Radityo , seeing a large whipsaw in EUR USD and reached resisitance,,hoping your position will turn positive ...lets hope for the best...its really thrilling and and seeing such a drawdown after 5 months of trade...hoping it should turn your favour .
I'm not really much worried actually.

The larger the movement, there's always a retractment. The question is, when, and how strong is the retracement. I saw some retracement today, but still not that strong.

First of all, as I've conveyed previously, the set file on my trade explorer, is for high-risk. Second, I should've avoided it, since today there's Eurogroup Meeting (all day) which I didn't notice. Somewhere in my backtest, this was failed one of them because of this Eurogroup meeting. So, I'll take that risk to run this until it's closed. We'll see how it goes....
If you ask me to code/fix your EA... it's probably not for free...
  • #3,162
  • Feb 11, 2016 4:07am Feb 11, 2016 4:07am
Whoops....
Just noticed that GTLIMITREBOOT was closed 3 hours ago.... I'm jealous now... hahahaha...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 87 KB
If you ask me to code/fix your EA... it's probably not for free...
  • #3,163
  • Feb 11, 2016 4:08am Feb 11, 2016 4:08am
Quoting Alberto_Jazz
{quote} My trading window starts @ 19 GMT and I'm out with profit as usual.
Cool man. What time did your last trade closed?
If you ask me to code/fix your EA... it's probably not for free...
  • #3,164
  • Feb 11, 2016 4:54am Feb 11, 2016 4:54am
Quoting radityo.ardi
{quote} Cool man. What time did your last trade closed?

The cycle closed @ 2.55 GMT, 1.1285.

Profit target 0.6%.

With higher profit target the cycle would be still open...
  • #3,165
  • Edited 11:10am Feb 11, 2016 9:09am | Edited 11:10am
Hi radityo.ardi, ... hope you noticed my PM.....
perhaps my English is not perfect - but I know the Jungle
  • #3,166
  • Feb 11, 2016 9:53am Feb 11, 2016 9:53am
Quoting radityo.ardi
{quote} Cool man. What time did your last trade closed?
I have another account with trading window starting @ 17 GMT but "Low Risk A" settings.

In this moment cross is around 1.1340 and drawdown is around 15%.
  • #3,167
  • Feb 11, 2016 8:02pm Feb 11, 2016 8:02pm
hi radit,
i thought your GTLIMITEURUSD2 was managed to get out this morning, but it seem already burst last night...
mine also burst..... hahaha

might try again with lower risk... like the donation box one..
what set does it use?already uploaded the set files before?
  • #3,168
  • Feb 11, 2016 8:09pm Feb 11, 2016 8:09pm
Quoting SickOfScam
Hi radityo.ardi, ... hope you noticed my PM.....
Yes, I have read it. but I haven't replied on it. Will do that today.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,169
  • Feb 11, 2016 8:28pm Feb 11, 2016 8:28pm
Quoting slianto
hi radit, i thought your GTLIMITEURUSD2 was managed to get out this morning, but it seem already burst last night... mine also burst..... hahaha might try again with lower risk... like the donation box one.. what set does it use?already uploaded the set files before?
Yes, I let that out and would find out where it will end. Last night EU bullish was too strong, before finally retracts back. The account didn't managed to survive.

Now, I'm a bit puzzled, in this crazy timerange the GTLIMIT REBOOT once again managed to close the trade around 2pm SGT. So, it didn't dragged into the same situation like LIMIT and Donation.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,170
  • Feb 11, 2016 8:49pm Feb 11, 2016 8:49pm
I thought it was a no brainer that we ought to not trade yesterday night :S

Zz
  • #3,171
  • Feb 11, 2016 10:09pm Feb 11, 2016 10:09pm
Quoting radityo.ardi
{quote} Yes, I let that out and would find out where it will end. Last night EU bullish was too strong, before finally retracts back. The account didn't managed to survive. Now, I'm a bit puzzled, in this crazy timerange the GTLIMIT REBOOT once again managed to close the trade around 2pm SGT. So, it didn't dragged into the same situation like LIMIT and Donation.
I also agree with hishamzz....

we should avoid trade that night...it have red news... yellen testifies...
For late night news...USD red news have impact on EURUSD while EUR red news have minimal (or even no) impact on EURUSD

might be wise to stay disciplined and lower the risk.

so radit, what's the different with GTLIMIT REBOOT?
  • #3,172
  • Feb 11, 2016 10:20pm Feb 11, 2016 10:20pm
Quoting slianto
{quote} I also agree with hishamzz.... we should avoid trade that night...it have red news... yellen testifies... For late night news...USD red news have impact on EURUSD while EUR red news have minimal (or even no) impact on EURUSD might be wise to stay disciplined and lower the risk. so radit, what's the different with GTLIMIT REBOOT?
REBOOT was the 2nd version of the set file which (actually) started by somewhere in March / April 2015. But then I thought of decrease the risk and started in June 2015. Still rocks! Now is 1000%+ since June 2015. Now I'm kind of waiting when this strategy will end and burst...hehehe... so far REBOOT is the most stubborn strategy.

Do you remember? The 1st version was started on 17:00 GMT (01:00am SGT) and ended by 06:00 GMT (14:00 SGT). Then the modified version (2nd version) changed to end by 02:00 GMT (10:00 SGT). The set file still the same as it is. I have uploaded on the codeplex.com for the setfile, packaged into 1 zip file.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,173
  • Feb 11, 2016 11:27pm Feb 11, 2016 11:27pm
Please could you please post the SetFile GT LIMIT REBOOT 2nd version? I have not found it, thank you!
  • #3,174
  • Feb 11, 2016 11:48pm Feb 11, 2016 11:48pm
Quoting radityo.ardi
{quote} REBOOT was the 2nd version of the set file which (actually) started by somewhere in March / April 2015. But then I thought of decrease the risk and started in June 2015. Still rocks! Now is 1000%+ since June 2015. Now I'm kind of waiting when this strategy will end and burst...hehehe... so far REBOOT is the most stubborn strategy. Do you remember? The 1st version was started on 17:00 GMT (01:00am SGT) and ended by 06:00 GMT (14:00 SGT). Then the modified version (2nd version) changed to end by 02:00 GMT (10:00 SGT). The set file still the...
keep waiting REBOOT for burst...but it's ends up gaining 1000% bro....time to try it in live maybe?

yes I remember it all in the early testing we run the EA until before frankfurt open, then it's getting too risky.. getting caught in the big moves..
and our demo blown up due to chinese news at around 10:00 SGT.... and then we even shorter the time range to close even earlier on LIMITEURUSD2.
But I never tried REBOOT version.

my question is the REBOOT setfile on codeplexx already the 2nd version?
or just need to modify the end time? (also already reduced risk?)
  • #3,175
  • Feb 12, 2016 12:49am Feb 12, 2016 12:49am
Quoting slianto
{quote} keep waiting REBOOT for burst...but it's ends up gaining 1000% bro....time to try it in live maybe? yes I remember it all in the early testing we run the EA until before frankfurt open, then it's getting too risky.. getting caught in the big moves.. and our demo blown up due to chinese news at around 10:00 SGT.... and then we even shorter the time range to close even earlier on LIMITEURUSD2. But I never tried REBOOT version. my question is the REBOOT setfile on codeplexx already the 2nd version? or just need to modify the end time? (also...
The set file is in codeplex.
On the zip file, find folder V1.7AndLower. Currently I haven't done any conversion to v1.8+. I'll do it, I got sometime today evening.

The only catchy thing is that I'm avoiding Interest Rate announcement and FOMC Statement.

Quoting Romax
Please could you please post the SetFile GT LIMIT REBOOT 2nd version? I have not found it, thank you!
As above.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,176
  • Feb 12, 2016 1:00am Feb 12, 2016 1:00am
Quoting radityo.ardi
{quote} REBOOT was the 2nd version of the set file which (actually) started by somewhere in March / April 2015. But then I thought of decrease the risk and started in June 2015. Still rocks! Now is 1000%+ since June 2015. Now I'm kind of waiting when this strategy will end and burst...hehehe... so far REBOOT is the most stubborn strategy. Do you remember? The 1st version was started on 17:00 GMT (01:00am SGT) and ended by 06:00 GMT (14:00 SGT). Then the modified version (2nd version) changed to end by 02:00 GMT (10:00 SGT). The set file still the...
The funniest and the most confusing thing is that i was running REBOOT as you were and mine got busted :S I think forward testing with v1.9 is key to see how resilient it would be.

Zz
  • #3,177
  • Feb 12, 2016 2:20am Feb 12, 2016 2:20am
Accounts with original settings (Lowrisk A and Lowrisk B) should have had no problems in closing cycles after 48 hours. GTL's closed cycles at 38 Fib in late Sydney last night. That is a high probability retracement and price was bound to test it as no fundamental drive in price direction was produced by any of the red news events.

So price spiked but there was no reason for it to trend to that new level and it came down to test the natural levels.

Have faith in the logic and observe retracements, and let the EA do its thing in quiet markets...and no accounts will bust.

Attached Image (click to enlarge)
Click to Enlarge Name: EU Yellen.png Size: 83 KB
Best regards, Zef
  • #3,178
  • Feb 12, 2016 2:59am Feb 12, 2016 2:59am
Quoting ZeF
Accounts with original settings (Lowrisk A and Lowrisk B) should have had no problems in closing cycles after 48 hours. GTL's closed cycles at 38 Fib in late Sydney last night. That is a high probability retracement and price was bound to test it as no fundamental drive in price direction was produced by any of the red news events. So price spiked but there was no reason for it to trend to that new level and it came down to test the natural levels. Have faith in the logic and observe retracements, and let the EA do its thing in quiet markets...and...
Hi it would be nice to know the Lot and ProfitTarget?
  • #3,179
  • Feb 12, 2016 3:52am Feb 12, 2016 3:52am
I think there's another GREAT INPUT posted by hishamzz through my inbox. We are too focusing on EURUSD.

We have discussed this too earlier in this thread, but I didn't get any confidence on it until today.
So the idea is to run LOWRISK set file on at least 3 different pairs, not only focusing on EURUSD. He suggested for EURGBP or EURCHF, or probably some more.

Probably I'll try to describe a little bit more technical.
Let us take how big the risk we want. For example, if we decided to take the risk as big as MEDRISK, we can split this set file into 3 different set files. One for EURUSD, one for EURGBP, another for EURCHF. Make sure to divide by 3 for these parameters: Initial Lot Size / Initial Lot Size Multiplier, Target Profit / Target Profit Multiplier, Stop Loss / Stop Loss Multiplier. Each 3 set file should have a different Magic Number.

So, what will happen is, each pair will have 1/3 of the risk in MEDRISK. So, whenever this issue come again in future, it doesn't really drag the whole thing into the turmoil. Because conceptually you are working with 3 different pairs, each of them will have different trades, and the risks is divided into 3 different thing.

Let's do this!
I feel that this strategy is still rock though. We just need to focus on how to spread or minimize the risk.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,180
  • Feb 12, 2016 5:05am Feb 12, 2016 5:05am
Quoting radityo.ardi
I think there's another GREAT INPUT posted by hishamzz through my inbox. We are too focusing on EURUSD. We have discussed this too earlier in this thread, but I didn't get any confidence on it until today. So the idea is to run LOWRISK set file on at least 3 different pairs, not only focusing on EURUSD. He suggested for EURGBP or EURCHF, or probably some more. Probably I'll try to describe a little bit more technical. Let us take how big the risk we want. For example, if we decided to take the risk as big as MEDRISK, we can split this set file into...

good morning,
The idea is interesting, but the 3 pairs EU ECHF and EG are affected by EUR, so if EUR goes into great trend, the losses would x3 ...
or you suppose that area of low volatility (17:00 to 2:00 GMT) there will never be news affecting EUR?
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