I never lose - either I win or I learn...

Disliked{quote} the worst performance i had was with a wider grid, even 5 pips on EU didn't do well. so my thinking is that we need a tight grid of 1-2 pips with better increasing lots ratio. i'm also thinking that i'd rather use an ECN broker and keep them happy with commissions. after the holidays i plan on testing EURUSD only, keeping the EA running from monday's tokio open to friday london's close to avoid weekend gap riskIgnored
DislikedEven though I did not expect the EA to survive with "1-pip step" setting even this long, BUT HERE IT IS... It has pased the +2000 Euros profit mark in 2.5 days.. Floating DD: -6 Euros. (The "fixed lot" EA version has stopped for me, too.){image}Ignored
Disliked{quote} for me both 3pips and 5 pips grid performed well on $5k demo, EURUSD. agreeable the 3 pip did better, though time to time ran into larger DD% and more margin was used. today is so many bank holidays, I think no trade is just obvious. 3 days trading results: 3 pip grid $5k-->$6.8k = +$1800 (36%) 5 pip grid $5k-->$5.9k = +$900 (18%) at this point it is early to decide if lucky period ( even start was random), or has some stability. 1st posted EA, my setting 30 or 50 steps, 0.1 lot progressive, 5 slippage. happy holidays!Ignored
DislikedHi Friends, I have gone through this post since the beginning, and i thank Remon for his innovative Idea, Voldemar for the effort he has put and MG for his follow up in testing. Today is not a good day for Trading but still I have gone ahead for Testing the software on Euro/Usd and that too on my Live A/c, and a Demo of some other broker. Live A/c has some peculiar things going on which i forgot earlier that today the spreads are unusual (2.5-5)due to Eater Holidays. linked up the system at 11.30 pm gmt last night. Survived Asia and London with...Ignored
Disliked{quote} When you say the fixed-lot version has stopped for you, what do you mean? Did it blow up?Ignored
DislikedHere is what I have done since last night. I have started a demo account with $10,000, using 3 circular pairs. The EA's have been running less than 12 hrs, all Asian session for now. EURUSD, Buy Only, Magic 227 EURJPY, Sell only, Magic 227 USDJPY, Buy only, Magic 227 Than just the opposite EURUSD, Sell only, Magic 240 EURJPY, Buy Only, Magic 240 USDJPY, Sell Only, Magic 240 So I have 6 charts open and running 6 instances of the regmon78 EA, the first version. The settings are same on all 6 pairs. Grid 50 (5 pips) Lots 0.02 Take profit 1.0 {image}...Ignored
Disliked{quote} @GoldTheHun In post No. 529 @zigler has posted an excellent "EA assistant EA" to manage P&L. Highly recommended and thanks again to @Zigler for sharing it. You can also download it if you click on the "clip" ("gemkapocs") symbol at the top of this page (under "Logout"). P.S. Probably it is a good idea to use smaller TP (e.g. $1 or $2) as you did in your experiment, as this way it is easier to get rid of "toxic positions", which makes the EA safer, however, less profitable. Nonetheless, with any strategy (especially with grids) SAFETY is...Ignored
Disliked{quote} @profitfarmer I am curiously following your experiment as both of us are running $5k accounts with pretty "risky" parameters... It is to be seen which is more riskier: 0.1 lot with 3 pips steps OR 0.01 lot with 1 pip steps... Most likely we just hit a "lucky streak". The question is how long will it last. If it lasted long enough to produce 500% per month with 1 crash per month, well, then it is still +400 per month...Ignored
DislikedHere is the plan... Go to Investors.com and Identify Neutral Pair for today. Set EA on that pair and Set Equity Manager (I post earlier) to take profit at $300-$500 (Depends on your lot size) Close all trades when target hit and disable EA. Next day Rinse and repeat.. Just blindly running it 24/7 on the same pair you are asking for trouble especially with the Tight STEP... IMHO http://www.investing.com/quotes/stre...2%80%93-majors Click on Technical TAB look for Neutral Hourly/Daily At least do not apply on Strong Sell...Ignored
Disliked{quote} yes, my thoughts. an accepted risk vs a worthy return can justify the means.however, a few notes: - I don't trade days like this, holiday and low liquidity. strongly believe neither the EA should, thus it is off till Monday here. - If not all red news, but selected few really high impact the EA should be stopped from trading in advance as soon as current DD permits, but comfortably before the high impact news ( like NFP, FOMC). Note I believe not all so called red news created with same importance despite being categorized the same in...
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DislikedHere is the plan... Go to Investors.com and Identify Neutral Pair for today. Set EA on that pair and Set Equity Manager (I post earlier) to take profit at $300-$500 (Depends on your lot size) Close all trades when target hit and disable EA. Next day Rinse and repeat.. Just blindly running it 24/7 on the same pair you are asking for trouble especially with the Tight STEP... IMHO http://www.investing.com/quotes/stre...2%80%93-majors Click on Technical TAB look for Neutral Hourly/Daily At least do not apply on Strong Sell...Ignored