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Trapping System: Grid

  • #3,321
  • Mar 15, 2016 12:49am Mar 15, 2016 12:49am
Quoting dearest
{quote} Its GMT-8 US time. I'm in Indonesia tho I set the EA to broker time. The VPS Server is in France {image}
No need to care about the location of the VPS server. Would you mind to follow my setting, where you set to GMT + 8, then the EA set file you set to "local time" with 00:00:00 to 06:00:00.. see if this works for you.
  • #3,322
  • Mar 15, 2016 1:52am Mar 15, 2016 1:52am
Quoting happytrade38
{quote} No need to care about the location of the VPS server. Would you mind to follow my setting, where you set to GMT + 8, then the EA set file you set to "local time" with 00:00:00 to 06:00:00.. see if this works for you.
Ok, i'll try it after this cycle reach the current TP.
I'll post it here if i still have the issue.
Thanx buddy
  • #3,323
  • Mar 15, 2016 8:08am Mar 15, 2016 8:08am
He refused to trade his EA with my recovery strategy and kicked me from the thread.

Now...bommmm!

I'm in 20% floating loss and he's gone.

Tomorrow, i will start recovery trade. Let me show you how to turn the table.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 88 KB
No one wants to be defeated~
  • #3,324
  • Mar 15, 2016 8:19am Mar 15, 2016 8:19am
Quoting jonirrenicus
He refused to trade his EA with my recovery strategy and kicked me from the thread. Now...bommmm! I'm in 20% floating loss and he's gone. Tomorrow, i will start recovery trade. Let me show you how to turn the table. {image}
Hi jon, perhaps you could poss your current situation first. Then we could visualize before and after.
  • #3,325
  • Mar 15, 2016 8:27am Mar 15, 2016 8:27am
Quoting jonirrenicus
He refused to trade his EA with my recovery strategy and kicked me from the thread. Now...bommmm! I'm in 20% floating loss and he's gone. Tomorrow, i will start recovery trade. Let me show you how to turn the table. {image}
Hi jonirrencius, I know that you are using some recovery EA ... may I ask what kind of formula you are using in your EA to do the recovery.
Thanks, Gerhard
  • #3,326
  • Mar 15, 2016 8:42pm Mar 15, 2016 8:42pm
Quoting togerhard
{quote} Hi jonirrencius, I know that you are using some recovery EA ... may I ask what kind of formula you are using in your EA to do the recovery. Thanks, Gerhard
I think you have not read my previous posts or my English is too bad to understand.

I will fail only on one condition, the GBP reversed totally today.

I dont think this will happen, cause FOMC does not has huge infuluence like NFP or bid rate.

Currect progress, recovered 5%.
No one wants to be defeated~
  • #3,327
  • Mar 15, 2016 8:56pm Mar 15, 2016 8:56pm
Quoting jonirrenicus
{quote} I think you have not read my previous posts or my English is too bad to understand. I will fail only on one condition, the GBP reversed totally today. I dont think this will happen, cause FOMC does not has huge infuluence like NFP or bid rate. Currect progress, recovered 5%.
Hi jon, can post your current position and how the reco EA kicks in? so we could visualize it. green pips
  • #3,328
  • Mar 15, 2016 11:02pm Mar 15, 2016 11:02pm
Quoting jonirrenicus
{quote} I think you have not read my previous posts or my English is too bad to understand. I will fail only on one condition, the GBP reversed totally today. I dont think this will happen, cause FOMC does not has huge infuluence like NFP or bid rate. Currect progress, recovered 5%.
If your reco EA is totally perfect, then we have great sword and great shield on the other hand. Hope it will become true
  • #3,329
  • Mar 15, 2016 11:55pm Mar 15, 2016 11:55pm
Quoting aquasunboy
{quote} If your reco EA is totally perfect, then we have great sword and great shield on the other hand. Hope it will become true
Not prefect at all

I point out there is a condition 3 which will definately blow up ACC.
No one wants to be defeated~
  • #3,330
  • Mar 16, 2016 6:49pm Mar 16, 2016 6:49pm
Shit....blowed up..lost 80% of ACC. by mistake!

I gotta thanks to this damn indicator, it is misleading people!

Attached Image


It did not show fund rate release on screen.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 20 KB


On calender this is not only FOMC but also Fund rate release.....

if i noticed that, the recovey has been almost done. I will stop EA one hour before it.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 103 KB


-$800 penalty for my carelessness...
No one wants to be defeated~
  • #3,331
  • Mar 16, 2016 10:17pm Mar 16, 2016 10:17pm
Quoting jonirrenicus
Shit....blowed up..lost 80% of ACC. by mistake! I gotta thanks to this damn indicator, it is misleading people! {image} It did not show fund rate release on screen. {image} On calender this is not only FOMC but also Fund rate release..... if i noticed that, the recovey has been almost done. I will stop EA one hour before it. {image} -$800 penalty for my carelessness...
Feel sorry to hear that. Anyway, must avoid fed rate at any cost.
  • #3,332
  • Mar 16, 2016 10:33pm Mar 16, 2016 10:33pm
Quoting jonirrenicus
Shit....blowed up..lost 80% of ACC. by mistake! I gotta thanks to this damn indicator, it is misleading people! {image} It did not show fund rate release on screen. {image} On calender this is not only FOMC but also Fund rate release..... if i noticed that, the recovey has been almost done. I will stop EA one hour before it. {image} -$800 penalty for my carelessness...

sorry for your loss.. Luckily, I turn it off.
  • #3,333
  • Mar 16, 2016 11:53pm Mar 16, 2016 11:53pm
Quoting jonirrenicus
Shit....blowed up..lost 80% of ACC. by mistake! I gotta thanks to this damn indicator, it is misleading people! {image} It did not show fund rate release on screen. {image} On calender this is not only FOMC but also Fund rate release..... if i noticed that, the recovey has been almost done. I will stop EA one hour before it. {image} -$800 penalty for my carelessness...
Hi jonirrencius, better doppelcheck the daily news with other calenders e.g. forexlive.com. Avoid ECB, FOMC, press conferences, beige book, eurogroup, european holidays, fridays (fake) movements etc etc. There are rumours in the markets that the ECB keeping EUR/USD (now around 1.12) strong helping the US economy ... only big guys can move the markets
  • #3,334
  • Edited 8:18am Mar 17, 2016 6:04am | Edited 8:18am
Quoting togerhard
{quote} Hi jonirrencius, better doppelcheck the daily news with other calenders e.g. forexlive.com. Avoid ECB, FOMC, press conferences, beige book, eurogroup, european holidays, fridays (fake) movements etc etc. There are rumours in the markets that the ECB keeping EUR/USD (now around 1.12) strong helping the US economy ... only big guys can move the markets
Hi.., what is the meaning of friday (fake) movement?
  • #3,335
  • Mar 17, 2016 9:17am Mar 17, 2016 9:17am
Quoting jonirrenicus
Shit....blowed up..lost 80% of ACC. by mistake! I gotta thanks to this damn indicator, it is misleading people! {image} It did not show fund rate release on screen. {image} On calender this is not only FOMC but also Fund rate release..... if i noticed that, the recovey has been almost done. I will stop EA one hour before it. {image} -$800 penalty for my carelessness...
My demo account blew up!!!!!
  • #3,336
  • Mar 17, 2016 9:55am Mar 17, 2016 9:55am
Quoting radadiya
{quote} My demo account blew up!!!!!
But look at Radityo's GTL_HIRISK (1 cycle a day) still running smoothly. I wonder what is the set files is? What kind of roboforex account?
I tried eurgbp on roboforex live pro cent, the spread is big
  • #3,337
  • Mar 17, 2016 10:08am Mar 17, 2016 10:08am
Who else still on this grid EA?
For past 1 week, i have decided to keep the lot size low and expand the grid from 20 to 30, then I let it run 24 hours (will try to turn off the EA few hours before red news, and if the red news didn't move too much, then I'll turn on again the EA). Will definitely stop the EA 1 day before and on the day of rate news. However, I'll put higher lot if the open positions has reached about 7 (e.g. 7 sell positions, and latest price is near position 7th), then I'll put sell stop with double/triple lot size, hope to close the cycle earlier if the price retrace.

Anyone who has better idea, feel free to post..
  • #3,338
  • Mar 17, 2016 10:19am Mar 17, 2016 10:19am
Radityo's GTL_HIRISK (1 cycle a day) is still running until now gain profit 75% in 37 days, although it's not avoid any news, Fed rate, ECB, and any news.
where is the GTL_HIRISK (1 cycle a day)?
  • #3,339
  • Edited 11:27am Mar 17, 2016 11:02am | Edited 11:27am
Quoting happytrade38
Who else still on this grid EA?
My Low_Risk_A settings are working very well.

19-23 GMT trading window, 0.6% daily target, max 1 cycle a day. Avoid red news. That's all.

I'm 35% year to date.

During Yesterday slump, drawdown was very low.
  • #3,340
  • Mar 17, 2016 7:47pm Mar 17, 2016 7:47pm
Quoting aquasunboy
Radityo's GTL_HIRISK (1 cycle a day) is still running until now gain profit 75% in 37 days, although it's not avoid any news, Fed rate, ECB, and any news. where is the GTL_HIRISK (1 cycle a day)?
Did you mean the set files? I also looking for it, haven't found.
It seem Radityo uses more than one pair but i wonder if he chose it manually on different days.
But the grids is 30 (15 grids each side). Trades mostly started around 17:00 GMT.
I like the idea of one cycle a day but also risky if do it only on one pair. I think he also set the target quite high in a cycle. Around 2-4 % a cycle? cmiiw
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