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Trapping System: Grid

  • #3,361
  • Mar 20, 2016 3:39pm Mar 20, 2016 3:39pm
Quoting happytrade38
{quote}
Great to hear someone still on this.. are you live with this setting?
No I'm demo but I'm planning to try with a small amount on a live account.
  • #3,362
  • Mar 20, 2016 7:59pm Mar 20, 2016 7:59pm
Quoting ZeF
{quote} Use low lot size + % risk as account size. Don't trade in unusual conditions, before or after fundamental drivers (rates, BOJ/ECB/FED releases), use common sense and control your greed. Key here is understanding the logic on which the EA operates, and the basic fading concepts it uses. By the time you know how the EA works and why, you won't need it anymore and you will just exploit irrational market movement by hand. There's no need for any of the bullshit you read here as "improvements". It's all useless crap from financially...
Well said..
  • #3,363
  • Mar 23, 2016 6:24pm Mar 23, 2016 6:24pm
if it gets put martingala in this grid ea , we could get to be profitable with limit orders, so in any little retracement we'd win, and we wouldn't need as retracement as now
  • #3,364
  • Mar 23, 2016 6:54pm Mar 23, 2016 6:54pm
Quoting bolsistico
if it gets put martingala in this grid ea , we could get to be profitable with limit orders, so in any little retracement we'd win, and we wouldn't need as retracement as now

I also believe it would survive much longer !!
  • #3,365
  • Mar 25, 2016 7:56am Mar 25, 2016 7:56am
Quoting Romax
{quote} I also believe it would survive much longer !!
No, i am not. account with setting martingale already blown in short periode time on this thread. You can search the setting in this thread.
if this EA use martingale, then there is no different with another martingale EA.
Martingale is the best way to blown your account when trending.
  • #3,366
  • Mar 27, 2016 4:01pm Mar 27, 2016 4:01pm
Quoting Romax
{quote}
I also believe it would survive much longer !!
The problem of martingale is that in normal circumstances only a small amount of orders is executed (trading during asian session).

Hence, the profit is too small, because the size of this orders is low.
  • #3,367
  • Mar 28, 2016 9:21pm Mar 28, 2016 9:21pm
Dear all,
I'm very sorry I didn't get myself active for the past 1 month due to my dayjob.

Indeed it was a disturbance, even for my donationbox blew before I could do cut-loss, but it's okay. I can get it back again from the profit of my other "hidden" trades.
Just to summarize, I didn't get a chance to finish v2.0 but progress still going on.

I'll just reply your questions, if any. Thanks for being patience.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,368
  • Mar 28, 2016 9:53pm Mar 28, 2016 9:53pm
Quoting jonirrenicus
is this clear enough? Hard to be killed even in strong trend.... {image} {image}
Just read your reply.
Frankly, I can't read it. Can't understand what do you mean by green tickmark and the red arrow. What am I supposed to do with it?
Probably I'll just read through the remaining replies.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,369
  • Mar 28, 2016 9:55pm Mar 28, 2016 9:55pm
Quoting normtold
I have been using the recovery EA for the last 2 weeks and at the time PM'd Jonirrenicus for more information but had no reply. By the way guys if you use the EA be aware that clicking "stop next cycle" and "force close all" will just close them and open all the positions again
Hmmm. that shouldn't be the case. Unless you didn't click "Stop Next Cycle", it will just close all then start again.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,370
  • Mar 28, 2016 10:06pm Mar 28, 2016 10:06pm
Quoting happytrade38
hi all, first, big thank you to radityo for the great EA. my account has grow 650% from 1st Nov'15 - 22nd Feb'16, and I'll withdraw partial of the profit as a second try if burst later. the first month has been too aggressive with stretch trading time and some time even trade 2 hours after the FOMC meeting as well as lower grids. Start from Jan'16, have been less aggressive, estimated could achieve 50% grow based on the initial balance. I have shared the set file before, you could find using the paper clip function. As mentioned previously, 2 things...
I'm damn jealous to all of you that having a big profit with it....
But anyways, I'm happy if this EA could give more than what you expect.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,371
  • Mar 28, 2016 10:09pm Mar 28, 2016 10:09pm
Quoting jonirrenicus
Hi Rad, I need you help to elimate the last weakness of your great EA then I will send it to you with " handbook ". The problem is that it has no TP function which means we can not close our orders pricisely if connection lost or price moves too quick or broker play tricks etc.... One question : How to calculate the TP for all orders?
We can't assume TP in some price level, that's the problem. You see, with 2 orders open, assume that take profit is in price level A. Your connection lost, then 3rd and 4th order is executed, then the TP is not on price level A anymore, it move to some other price level. That's what I'm trying to say. It's totally dynamic, and requires internet connection to be up, which is why I suggest to run it in server rather than in desktop.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,372
  • Mar 28, 2016 10:18pm Mar 28, 2016 10:18pm
Hi Radityo, Great to hear you are back.. Welcome back!!!
  • #3,373
  • Mar 28, 2016 10:28pm Mar 28, 2016 10:28pm
Quoting cfta
Hello everyone, First of all thanks a thousand to Radityo Ardi for creating and sharing this amazing EA, it is both a brilliant idea and well coded This is my first post in this thread and even though I visit FF almost every day it is only my 15th post in total during six and a half years as a member at FF, since I am busy trading and only post when I believe I have something valuable and useful to share or suggest... The original idea of how to trade using this EA is great, with the right set file it can be incredibly profitable. However for...
Hi,
I thought I saw your username somewhere. Anyway, thanks for your kind words.

Well, both of them is already on my to-develop list. Infact, the first feature that you suggest, is in v1.11 already. Going to release it in a short time in future.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,374
  • Mar 28, 2016 10:30pm Mar 28, 2016 10:30pm
Quoting happytrade38
Hi Radiyo, i am using v1.7.. hitting errors with unknown ticket <order no.> for orderclose function.
I hope this is the case where you are looking into the Journal tab, but actually the order is already closed.
Yes, this is common known issue in my hand which I need to fix. But as long as the trades are closed, nothing we should worry about it.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,375
  • Mar 28, 2016 10:41pm Mar 28, 2016 10:41pm
Quoting Sophia Loren
Hi everyone. I started testing this EA a week ago (downloaded it here http://rdzgridtraps.codeplex.com/), and wanted to share my recent experience. Would love to hear your feedback / tips / insights! After 3 successful trades that took no more than 3-4 stop orders, I entered into a trade that has now been going for 4 days. See screenshot attached. The grid started on Feb 23 (Tue), has opened 7 buys and 6 sells, has gone through a 216-pip range over the course of 3 days, and remarkably still hasn't closed or broken even. I started this...
It seems like your position is almost in breakeven. You got 6 sells and 7 buys which you literally in a never ending situation, especially if the price retrace back and touches the last pending sell.
Suggestion:
- use Open Type: Auto-expand by threshold. The bad: it will just add another stop orders when it hits the threshold, which in result will make you vulnerable to another longer neverending trade if it retraces back down.
- use gradual lot size. Which means, each lot size will increase gradually to provide more chance to faster closing the trades. But again, the bad is you are having more risk on it.
- avoid trading on ranging times.

I still got no clue how to avoid that situation. But the last suggestion (avoid ranging times) is quite good. Just do a trade on red news, or when the market opens.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,376
  • Mar 28, 2016 10:46pm Mar 28, 2016 10:46pm
Quoting hishamzz
Guys!! Chill! Everyone is free to post their opinions and ideas not only for the betterment of the EA but also for the better usage of the EA. There will always be conflicting opinions but lets be civilized and work collectively for the betterment of this thread. Each one can perform their individual analysis and provide their opinions backed by charts, articles etc. all linked together to act as evidence of the movement of price which might potentially blow the account and have it run into higher DDs. So far, with collective involvement of those...
Cool, that's my point why I built this highly configurable EA.
Please don't just follow me. Use your own style and strategy, I'm sure you guys will have a different result. One does want to have a small return but constant, the other one does want a high return and withdraw it then invest again.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,377
  • Mar 28, 2016 10:59pm Mar 28, 2016 10:59pm
Quoting accuratefx16
Wow, your loss is growing by the day. this year you lost a fortune of almost $16,500. I bet you need a working system. You can copy mine for a change. Cheers!
Sorry bro. I still got faith in mine. I'm not interested in changing, can't trust my money to any other method. You need to proof me that your strategy can last at least 2-5 years straight without stopping in live account then I can consider to take a look at your strategy.
Cheers...
If you ask me to code/fix your EA... it's probably not for free...
  • #3,378
  • Mar 28, 2016 11:02pm Mar 28, 2016 11:02pm
Quoting jonirrenicus
Hello my old friend, Rad I see you still trading, here is my advise. You should have only 2 cycles yesterday, one resistance one cycle, can not use repeatedly. {image}
In fact, I use 1 cycle only now. We'll see when this'll blow in future.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,379
  • Mar 28, 2016 11:04pm Mar 28, 2016 11:04pm
Quoting Forexmeoff
{quote} Can an anyone tell me if the grid trap was ever modified to include martingale.....so ....that the first order is .01 and option to set next order at .02....03....etc. to get back to profit quicker. If anyone could code like that....might be beneficial....risky...but beneficial. Please modify coders...if you can...and post ea....need settings....1st order.....(x).lots 2nd order (x) lots 3rd order (x) lots If no entry for 3rd 4th lots...continue with 2nd order lot size.....so 1st order .01.....2nd order .03 ..... 3rd order....same as 2nd...
Version 1.11
If you ask me to code/fix your EA... it's probably not for free...
  • #3,380
  • Mar 28, 2016 11:09pm Mar 28, 2016 11:09pm
Quoting radityo.ardi
{quote} In fact, I use 1 cycle only now. We'll see when this'll blow in future.

Hi Radityo,
Same trading time from 01:00 to 06:00 (singapore time)?
Can share your lot size multiplier and TP multiplier?
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