Disliked@happytrade Nice sharing on your result and setting bro. If I convert your fixed setting to dynamic setting we can put 0.000075 in the Initial Lot Multiplier and 0.0037 in the target Profit Multiplier, please correct me if i'm wrong. After my account busted not long ago, I am backtesting yours and get good result. Using lower Target (TP) and Shorter Grid might be our solution after all. Got a question for you : When you said red news on your post, is it all red news or big news such as FOMC? However some days give bad result : {image} 1. 2015.04.15...Ignored
On 26'th August right around NYO there was FOMC speech released. You can see form my chart the USD bounced around 80 pips and then resumed bull with occasional retracements.
During EA runtime, 17-21 GMT, there was big retracement to middle point, so your grids should have closed well in profit.
What went wrong in your account?
News don't need to be released during EA runtime to have impact. It is a grave mistake to think this way. If there are news that will fundamentally alter price direction, they will be in early NY or latest before Lunch NY. You can also expect "ëxpectations" of Chinese data (particularly CPI) to fundamentally change trending of EU, at least for a while.
Think outside the box. The grid concept is a victim of strong trends, and if you combine that with over-leverage and wrong lot/account ratio, it will kill you, no matter how much you want to change other settings.
Best regards, Zef