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Accumulative Profits Grid System

  • #541
  • Mar 24, 2016 9:17am Mar 24, 2016 9:17am
Quoting normtold
Yes soeasy, the margin soon adds up when the Lot sizes increase. What leverage were you using on that account? I favour not increasing the Lot size when grid trading but the fixed Lot EA and the one posted by Valdemar yesterday fixed lot trend and anti trend are just treading water at best and then going into increasing drawdown and not making any progress. I would not have the courage to use the increasing Lot EA on a live account unless I had a good amount to invest. I look forward to seeing what Remon comes up with.

I think its 200 to 1 leverage. Nobody can think they will use 1000 to 1 on demo and go look I made all this money cuz no REAL Broker will give you 1000 to 1. And if they do they are a scam broker running a B Book and if you make money they will not pay YOU! They will laugh in your face!

I sure hope most of you realize that 99% of the brokers are scams! They run B Books. Meaning They trade against YOUR ASS!!!!
  • #542
  • Edited 10:13am Mar 24, 2016 9:26am | Edited 10:13am
Just hover the mouse over the account number in the MT4 navigator and it will tell you the leverage you are using.

I think there are many traders here in this thread who have also been around a few years and know a lot of brokers are scam artists.

I recognise many names here from other grid trading threads like expanding grid, which has a couple of useful parameters and trapping grid which has a close all and stop next cycle button on the chart.
I know this is an "in all the time EA" but even being able to control the start time is useful. There are also times when this EA is not in drawdown and is in profit, so could be set to close after next cycle. Right now I have EG in profit, 30 pip step. First EA posted in this thread.

But those parameters can be added at a later date. First we need to see what Remon comes up with regarding not increasing the Lots sizes but with hedging more equal between the buys and sells.
  • #543
  • Mar 24, 2016 9:49am Mar 24, 2016 9:49am
Quoting soeasy69
{quote} And in the end you will lose. You need BIG dollars to win with this. I been running my Ea now for a long time making profits only because I have BIG dollars running it. But we all must remember that its a ticking time bomb ready to BLOW! No matter how much money you have. The risk is huge!
As they say "If you believe you're a winner or a loser, you're right." Honestly speaking, this fatalistic approach is not worth paying attention to. Using you're judgement perhaps we shouldn't live (coz we all die one day, right?).

How about I told you this EA can double a 1.000 USD account five times in a row, in a matter of 2-3 weeks and then blow up an account? Isn't the gains versus losses ratio appealing enough?
  • #544
  • Mar 24, 2016 9:53am Mar 24, 2016 9:53am
Quoting soeasy69
{quote} And here is the proof she can go BOOM even in a small move of only 50 pips with no retrace? {image}
It seems that you failed to read the fixed lot part. You're trading progressive lots, it's quite clear you would be hitting margin call.

Learning should be a fishbone (once in never out) process. If our small experimenting/learning community acquired a certain learning bit it should be used instead of ignored and then such fatalistic messages flying around.

So I urge the fatalists to read thoroughly or find something else to do.
  • #545
  • Mar 24, 2016 10:03am Mar 24, 2016 10:03am
Quoting soeasy69
{quote} And here is the proof she can go BOOM even in a small move of only 50 pips with no retrace? {image}
@soeasy69

What I can see on the screenshot is running the EA on a 5 pips spread AUDCAD chart with -29% DD...

What does it prove, other than one should not trade such a strategy like this with 5 pips spread...?
  • #546
  • Mar 24, 2016 11:12am Mar 24, 2016 11:12am
Quoting MasterGuru
{quote} @soeasy69 What I can see on the screenshot is running the EA on a 5 pips spread AUDCAD chart with -29% DD... What does it prove, other than one should not trade such a strategy like this with 5 pips spread...?


With respect, no use getting testing with high bills 100K 5k .. 1k ... logically it will work for a longer period of time .. !! the ideial is to survive in small bills .. !!!! or in my opinion is a waste of time !!!
  • #547
  • Mar 24, 2016 11:19am Mar 24, 2016 11:19am
Quoting Romax
{quote} With respect, no use getting testing with high bills 100K 5k .. 1k ... logically it will work for a longer period of time .. !! the ideial is to survive in small bills .. !!!! or in my opinion is a waste of time !!!
@Romax

Well, 0.01 lot on $100k is the same as 0.001 lot on $10k, i.e. running it on a cent account...
  • #548
  • Mar 24, 2016 11:20am Mar 24, 2016 11:20am
Quoting Romax
{quote} With respect, no use getting testing with high bills 100K 5k .. 1k ... logically it will work for a longer period of time .. !! the ideial is to survive in small bills .. !!!! or in my opinion is a waste of time !!!

Yeah you are right! I have 4 screens running and about 7 MT4 platforms running so that dam crap broker GCMFX the spread it way to high. I will try with IC Markets out of Australia but they are a scam broker with super tight spreads but that won't be realistic either cuz its too tight. 0.4 maybe less.
  • #549
  • Mar 24, 2016 11:26am Mar 24, 2016 11:26am
Quoting MasterGuru
{quote} @Romax Well, 0.01 lot on $100k is the same as 0.001 lot on $10k, i.e. running it on a cent account...

Yes in logic!
  • #550
  • Mar 24, 2016 11:31am Mar 24, 2016 11:31am
Quoting Romax
{quote} Yes in logic!

There is no such thing as a 1 cent per pip account. That is SCAM brokers who offer that just to get you in the door to further scam your money. lol
  • #551
  • Mar 24, 2016 11:35am Mar 24, 2016 11:35am
Quoting soeasy69
{quote} There is no such thing as a 1 cent per pip account. That is SCAM brokers who offer that just to get you in the door to further scam your money. lol
Then we could open a $100k PAMM or MAM...
  • #552
  • Mar 24, 2016 11:45am Mar 24, 2016 11:45am
Quoting fxenthusiast
{quote} Thanks for starting this thread Remon. As a new trader, I find it difficult to follow the discussion here. I'll just wait for the finished product and I'll be glad to test and use it.
OK.
  • #553
  • Mar 24, 2016 11:50am Mar 24, 2016 11:50am
If I may...

Pick a bias, buy or sell.

It's easier and less risky. Don't look for maximum leverage, fake hedging or any of that amateur nonsense. You won't afford a kick in the teeth. Be realistic.

Set a maximum overall position.

Know when to stop accumulating and/or start distributing. You can't just stack losers ad infinitum and expect to come out on top.

Keep the lot sizes consistent.

Far more control, far less risk.

Try managing your inventory manually - try actually practicing.

The inherent "get rich quick laziness" is strong. Before you bother trying to automate the method, try trading it manually and on a real account. The longer you do it, the more of a "feel" you'll get for the ebb and flow of whatever instrument(s) you're trading. Learn how to manually trade into good positions and out of bad ones. Your back tests are meaningless, your demo accounts don't teach you anything. If you really want to trade this way, you're going to have to pull your brain out of everything you've learned or read on Forex forums and actually do stuff. Plop some "fun money" into account and go lose it (or not, if you're lucky). If you can't handle that, you may be in the wrong business.

If not for nothing else, manual trading a real account will definitively show you what should and shouldn't go into an EA.

Start time isn't all that relevant.

Avoid the slow times, that's it. The most active parts of the trading day are typically 1AM-1PM (EST). Pick a time between then, or the entire time, however long you can tolerate. Unproductive inventory is cancer and if price isn't going anywhere for hours on end, there's a good chance it's going to go in the opposite direction of the positions you're accumulating.

Set a reference point based on how long you want to trade.

For example, if you're going to try mustering a 12-hour shift, use the open price, the close price, or whatever 12 hours ago as a point of reference. Above it? Buy. Below it? Sell. If the price trades through it one way or the other, change your bias; adapt and manage your inventory appropriately. This may be surprising to you but a morning that begins with losses can turn into an afternoon that ends with gains.


I'm sure I'll get "quoted and ripped" but really, I don't care. The reality most people aren't willing to face is, you ain't getting any better at this by wasting your time coding, back testing, and playing around in demo accounts. You're certainly not going to take a concept dropped in a thread and turn it into an incredible EA that's just going to rake in the money while you watch TV. If you present this method as a "stack until it's profitable" you're going to wind up with people thinking you're insane and laughing at your method while all the hopeful amateurs pile in to code EAs and trash-talk anyone who tries to inject a modicum of common sense into the thread before it inevitably dies.

I'm not discouraging anyone from trying this. I've said it before and I'll say it again; I trade this way (subject to FIFO though) and have been for years despite being told by all the scientists, philosophy professors, and mathmeticians here that it can't be done. It can but, the way it's presented as a 100% no-loss, easily automated money-maker just brings the amateurs in to guide people into the pits. It's not really something that can be taught or plopped into an EA that'll put a Yacht at the local marina for you in a week. It's learned through exposure to the market. The fear, anxiety, greed, profit and inevitable losses you'll encounter while doing it. It's not magic, it's not a closely-guarded secret, or a holy grail; it's just inventory management.

Yeah, it may not be what you want to hear but, it's honest and, that's all I've got.
  • #554
  • Mar 24, 2016 11:57am Mar 24, 2016 11:57am
Quoting MasterGuru
{quote} @Remon What you have outlined above can be made profitable without any direction predictions. You can simply start the EA on 2 charts: on the 1st one BUY ONLY, and on the 2nd SELL ONLY. A. IF there were an UPTREND: 1. Your BUY ONLY chart will show only PROFIT. 2. Your SELL ONLY chart will switch to "Hedge Mode" automatically and exit at ZERO LOSS. B. IF there were a DOWNTREND: 1. Your SELL ONLY chart will show only PROFIT. 2. Your BUY ONLY chart will switch to "Hedge Mode" automatically and exit at ZERO LOSS. If you can achieve that: YOU...

Right,
But, Still A Little Difference,


If You Can Predict You Can Achieve More Profits With This System, HOW?

Say, It Is Uptrend,
In Using This System Only (Without Prediction),
The Buy Will Win,
The Sell Will Still Waiting For The Price Retrace To Get Out With Zero Profits,
So, We Have To Wait More Hours To Get Out (Before Restart Again),


But If We Use This System With A Good Predict Tool,
We Will Win And Get Out Faster,
And Will Have Free Margin And Free Mind To Start A New Trade.


But Also If The Prediction Tool Is Not Good,
We Will Only Get Out With Zero Profits After All Waiting.
  • #555
  • Mar 24, 2016 12:00pm Mar 24, 2016 12:00pm
Quoting bubola
{quote} hi...this is what i'm testing since yesterday: entered short on EURGBP, 5 pips grid, fixed lots closed: {image} still open: {image}
Nice Try.
  • #556
  • Mar 24, 2016 12:01pm Mar 24, 2016 12:01pm
Quoting MasterGuru
Meanwhile the demo test run: +1174 USD profit with -0.84 USD floating DD after 38 hours: {image}{image}
That's Good Results.
  • #557
  • Mar 24, 2016 12:04pm Mar 24, 2016 12:04pm
Quoting Eddd
I just started a test on CADJPY AUDJPY and AUDCAD. Settings in screen shot. already up $4 {image}
Nine Try.
  • #558
  • Mar 24, 2016 12:07pm Mar 24, 2016 12:07pm
Quoting MasterGuru
{quote} @Clipi I agree that - at this point - the settings are not realistic to be run on a real account. Nevertheless, if it brings in 10% a day and the account crashed only once a month (statistically and long term) then it might turn out to be an interesting project...
Yes, True,

But With A Fixed Balance Amount,
And Daily Withdraw.

To Not Lose The Whole Balance & All Other Month Profits.
  • #559
  • Mar 24, 2016 12:11pm Mar 24, 2016 12:11pm
Quoting Clipi
{quote} Martingale system is scary (multiply x2), so in real account, unless that $ 10,000 do not see it feasible. Although in areas of low volatility can have spectacular results ... but put 2 types of settings for high volatility and low volatility with fixed plots I find it interesting. Today from 21 GMT until 8 GMT I used 2 pips grid with 100 pips profit.
Yes True.
  • #560
  • Mar 24, 2016 12:14pm Mar 24, 2016 12:14pm
Quoting rogelio11
remon78e, Where i can try out your strategy and EA? is it free to download?
My EA Not Released Yet,
But, You Can Try Others EA,
Same To Main Idea But Not Exact.
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