Accumulative Profits Grid System | Page 77 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Grid (not grid system) or horizontal lines indicator 6 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Forgot how to add MA to Accumulative Distribution 3 replies

The Accumulative Swing Index (ASI) from 'New Concepts In Technical Trading Systems' 1 reply

Accumulative Swing Index Indicator for MT4 2 replies

Attachments: Accumulative Profits Grid System
Exit Attachments

Accumulative Profits Grid System

  • #1,521
  • Apr 2, 2016 5:59am Apr 2, 2016 5:59am
Quoting cescof
{quote} Hy could you share your setting file to test (tf pair a nd setting) cause yesterday i tried to use it with GBP/JPY in TF5 but Ea open just first order in trend direction but nothing more .... so there's something wrong in my setting... Thanks Regards
You have to avoid GBPJPY with a grid system... it's too risky.
My best results are with EURGBP or EURCHF M1 and 0.02 initial lot account 5 000 $
  • #1,522
  • Apr 2, 2016 6:08am Apr 2, 2016 6:08am
Quoting roughtrader
{quote} ... so for example, you trade Eurusd sells in a strong uptrend, at the same time the Ea could trade double lots buy in Usdchf, which is totally negativly correlated to Eurusd.
because they are negatively correlated you would have to trade them in the same direction
otherwise you could be wrong on both
this would only work as long as eurchf is trading in a tight range
  • #1,523
  • Apr 2, 2016 6:14am Apr 2, 2016 6:14am
Quoting halogen
What happen if someone can write a good EA base on the idea of this thread, but donot want to disclose ?????
Bwahaha! I do that all the time!
You are in a maze of twisty little passages, all alike.
  • #1,524
  • Apr 2, 2016 6:19am Apr 2, 2016 6:19am
Quoting keydcuk
{quote} Then they keep it to themselves and we never know about it... AND THIS THREAD KEEPS MOVING FORWARD. It would be VERY sad if a programmer would steal someone else's idea and be greedy to keep it to themselves and I do say steal because Mr Remon has been very generous of posting a thread here about his system. He himself could have hired a private programmer and do this himself but instead he has decided to be very generous and let us all participate in his trade system. Thank you Mr Remon for your generosity, Cheers! Daniel

Yes, True.
And I'm A Programmer And Can Code It Alone,
But, When I Shared The Idea ,
Instead Of Have One EA (And May Not Working EA),
Now I Get Many Working EA Now,
And All Of Us Get The Benefit.
  • #1,525
  • Apr 2, 2016 6:20am Apr 2, 2016 6:20am
Quoting stevegee58
{quote} Bwahaha! I do that all the time!


Bwahaha! you get much profit already ?
People are not good at acting, but very good at judgment.
  • #1,526
  • Apr 2, 2016 6:22am Apr 2, 2016 6:22am
Quoting keydcuk
{quote} Then they keep it to themselves and we never know about it... AND THIS THREAD KEEPS MOVING FORWARD. It would be VERY sad if a programmer would steal someone else's idea and be greedy to keep it to themselves and I do say steal because Mr Remon has been very generous of posting a thread here about his system. He himself could have hired a private programmer and do this himself but instead he has decided to be very generous and let us all participate in his trade system. Thank you Mr Remon for your generosity, Cheers! Daniel
totally agree with you.
People are not good at acting, but very good at judgment.
  • #1,527
  • Apr 2, 2016 6:27am Apr 2, 2016 6:27am
Quoting iwjw
one advantage of using pending instead of market orders by the R&R EA is that it eliminates the spread buys&sells are at the same price

It also means that when price goes up you get your BUY STOP order filled, BUT if price fails to move higher (by at least spread) your SELL LIMIT will not get filled.

It means that a BUY order will get stuck on the top without an offsetting (balancing) SELL trade (which would come "handy" when the price drops fast)...

So the mentioned "advantage" can turn into disadavantage at the very top or at the very bottom...
  • #1,528
  • Apr 2, 2016 6:28am Apr 2, 2016 6:28am
Quoting machine25
Here are my two cents In my opinion, it would be better to use an indicator to avoid to sell when prices are in an up trend. It mean discriminate when selling upwards or selling downwards. This will disrupt your strategy. I would use this indicator or any other, but this one make it easy if( xo > 0) don't sell else sell extern at minimum be for TF M1 : extern string TimeFrame = "current time frame"; extern int AtrPeriod = 100; extern double x_atr = 1; {image} {file}
Good Try,
I Think Instead Of Trying To Detect If It Sell Or Not,
We Have To Detect If It A Trend Or Not.
Example Of Trend Detect Is By Using Bollinger
If Bands Became Too Narrow It Will Be A Soon Coming Trend.
Attached Image (click to enlarge)
Click to Enlarge Name: Bollinger.png Size: 155 KB

Attached Image
  • #1,529
  • Apr 2, 2016 6:30am Apr 2, 2016 6:30am
[quote=roughtrader;8849426]
Quoting eatrade
{quote} ok, it might be something broker related then? I'm using FXOpen demo, which broker do you use?
Demo HotForex
  • #1,530
  • Apr 2, 2016 6:32am Apr 2, 2016 6:32am
Quoting MasterGuru
{quote} It also means that when price goes up you get your BUY STOP order filled, BUT if price fails to move higher (by at least spread) your SELL LIMIT will not get filled. It means that a BUY order will get stuck on the top without an offsetting (balancing) SELL trade (which would come "handy" when the price drops fast)... So the mentioned "advantage" can turn into disadavantage at the very top or at the very bottom...
it's a rare event that only one order gets filled if the spread is <10 points
and even when, it's only one order that isn't hedged and that shouldn't kill the whole cycle
  • #1,531
  • Apr 2, 2016 6:38am Apr 2, 2016 6:38am
Quoting iwjw
{quote} it's a rare event that only one order gets filled if the spread is <10 points and even when, it's only one order that isn't hedged and that shouldn't kill the whole cycle
Correct! If the spread is <10 points... But on many suitable pairs it is much more than that.

In my opinion the impact of a missing SELL trade from the top (or a missing BUY from the very bottom) can be significant with a 10 pip grid...
  • #1,532
  • Apr 2, 2016 6:40am Apr 2, 2016 6:40am
Remon is still the most interesting man on ForexFactory:
Attached Image (click to enlarge)
Click to Enlarge Name: viewers 0402.png Size: 10 KB
  • #1,533
  • Apr 2, 2016 6:55am Apr 2, 2016 6:55am
Quoting soeasy69
{quote} So TRUE Magix! "on market reversals, you will have bought the top or sold the bottom and end up in situations where prosperity is impossible no matter the lot size" If we knew where to stop buying or STOP selling we would not need these grids. You explained it well Magix!!! This way YES we suffer first but get rewarded later when price retraces! And when it does we end up Selling near the TOP and Buying near the bottom. And that's how its suppose to be done. "Buy Low Sell High!" Have a nice weekend...
So WHAT??? You completely not understand my approach.. You Have ENTRY LINE Anything above is a BUY anything Below is a SELL

Now Explain to me Why DO I CARE if I BOUGHT the TOP??? Then price reverses and goes below my ENTRY point LINE and I start SELLING

So is Price move up 20 Pips and HIT the Absolute TOP and then reverses and goes 70 Pips DOWN? HOW CAN I LOSE? I will never Lose.

I can only make NO money if Price floats around ENTRY point Up 20 pips down 20 pips, BUT if my TP and Close ALL TRADES is $10

Then Even 10 pip move in any direction will trigger the Exist and profit Taken.. And Start All over again... And Almost No DD, ZERO!
  • #1,534
  • Apr 2, 2016 6:56am Apr 2, 2016 6:56am
Quoting remon78eg
{quote} Good Try, I Think Instead Of Trying To Detect If It Sell Or Not, We Have To Detect If It A Trend Or Not. Example Of Trend Detect Is By Using Bollinger If Bands Became Too Narrow It Will Be A Soon Coming Trend. {image} {image}
I would struggle to understand how you can Grid Trade and avoid trading in a trend. The only way the idea of avoiding trending situations is if we can get to a point where the grid has accomplished a task and we can get it to close completely. Now regardless of whether that is closing at a profit, a "0" or a loss is irrelevant. If you disrupt trading the grid while it is in motion than you are deviating from the system. How can you tell it to stop taking trades while it's in motion??

In my best expertise in helping to fight trends, there is only 1 solution IF we have an active grid trade in motion and that is simply to USE WIDE STEPS.

In my experience, there is a small trade off of making less profit when using wider grids but there is less DD. From a long term perspective smaller steps only accumulate useless open trades. In a wide set of steps, what is the difference to whether you have 20 open positions open or 4 positions open? If you are trading 0.01 lots per position, you have 0.2 lots in open trade pulling and pushing against each other as opposed to 0.04 lots.

In a realistic environment, it only takes a little more time to achieve the same TP you wish to achieve. I wish I had some of my test data to back this up but believe me when I say widen your steps in the grid and you will lower your DD and risk with very little difference in TP. As a guess, you may lose out 10% through a year AND IT IS ONLY A GUESS but if you have achieved doubling you account in a year for example, would it not be better to know with a lower risk method that you can still achieve your balance deposit x 1.9 instead of x 2.0?

I have seen some professional grid trading systems that talk about having steps of 150 pips between open positions. Although, I think this very much. I am at a point of being happy around the 50-75 pip zone as anywhere from 5-30 pips has shown failure to me 30-50 pips is still experimental to me depending what kind of grid trading is taking place but for this system, I have tested a lot and am not using anything less that 50 pips steps. Anything less, I think you are asking for trouble.

It will be interesting once we can achieve an EA that can do 100% part 1 and 2 together. At this point, I will revisit the smaller step grids.

Cheers!

Daniel
  • #1,535
  • Apr 2, 2016 6:58am Apr 2, 2016 6:58am
Quoting MasterGuru
{quote} Correct! If the spread is <10 points... But on many suitable pairs it is much more than that. In my opinion the impact of a missing SELL trade from the top (or a missing BUY from the very bottom) can be significant with a 10 pip grid...
lets assume 2pip spread and 10 positions on both sides and the 11. doesn't get filled properly
until then you have an advantage of 20 pips
when you then start closing winners against losers there automatically will be unhedged positions on the other side
  • #1,536
  • Apr 2, 2016 7:11am Apr 2, 2016 7:11am
Here IS my VISUAL EXAMPLE of REMON (Example chart posted earlier)

So? Here it is! I BOUGHT the TOP, And? Who CARES???

This strategy will Never DD nor Lose much. Just Have a CLOSE ALL TRADES at DESIRABLE $$$ PROFIT and

Start ALL OVER AGAIN.
Attached Image (click to enlarge)
Click to Enlarge Name: remon.png Size: 216 KB
  • #1,537
  • Edited 8:11am Apr 2, 2016 7:11am | Edited 8:11am
Quoting iwjw
{quote} lets assume 2pip spread and 10 positions on both sides and the 11. doesn't get filled properly until then you have an advantage of 20 pips when you then start closing winners against losers there automatically will be unhedged positions on the other side
There are many potential scenarios, depending on GridStep.

If one used a 10-pip GridStep with 0.1 lot, the missed SELL trade at the very top would mean missing out on $20 profit during a TWO GridStep (20 pips) retracement.

(In Remon's Videp Part 2 retracing SELLS are closed usually after at least 2 GridStep, i.e. 20 pips retracements.)

To balance out this potential $20 missed profits, one would need at least 10 entries (with 2 pips spread) without such a "freak scenario" (i.e. when BUY STOP is filled, but counterpart SELL LIMIT [edited] is missed). The real question is how often such "freak events" will happen...
  • #1,538
  • Apr 2, 2016 7:22am Apr 2, 2016 7:22am
Quoting MasterGuru
{quote} There are many potential scenarios, depending on GridStep. If one used a 10-pip GridStep with 0.1 lot, the missed SELL trade at the very top would mean missing out on $20 profit during a TWO GridStep (20 pips) retracement. (In Remon's Videp Part 2 retracing SELLS are closed usually after at least 2 GridStep, i.e. 20 pips retracements.) To balance out this potential $20 missed profits, one would need at least 10 entries (with 2 pips spread) without such a "freak scenario" (i.e. when BUY STOP is filled, but counterpart SELL STOP is missed)....
I think you meant SELL LIMIT
closing starts as soon as the profit sum of winning+worst losing positions is >=0 (this could be more than 2 Level pullback)
In case the top sell is missing you need one level more for pullback
But the profit of the single positions is always 2 pips higher compared with market orders so it's not a complete level
If the hedge is complete it could just be enough for the partial close that might have not been the case otherwise
I think that advantages outweigh the disadvantages because the hedge will be complete more often than not
  • #1,539
  • Apr 2, 2016 7:28am Apr 2, 2016 7:28am
Quoting zigler
{quote} So WHAT??? You completely not understand my approach.. You Have ENTRY LINE Anything above is a BUY anything Below is a SELL Now Explain to me Why DO I CARE if I BOUGHT the TOP??? Then price reverses and goes below my ENTRY point LINE and I start SELLING So is Price move up 20 Pips and HIT the Absolute TOP and then reverses and goes 70 Pips DOWN? HOW CAN I LOSE? I will never Lose. I can only make NO money if Price floats around ENTRY point Up 20 pips down 20 pips, BUT if my TP and Close ALL TRADES is $10 Then Even 10 pip move in any direction...
I Don't Notice This Post,
But I Was Thinking All The Day In A Same Idea,
Sell Every Down Step, Buy Every Up Level Step,
Close First Last Win Levels Every Price Retrace,

I Think It Will Work,
And Also We Can Use The Other Side Profits To Close The 2 Loser Stuck Trades,

I Will Post It In A Video , (Next Video) When Complete This EA.
  • #1,540
  • Apr 2, 2016 7:29am Apr 2, 2016 7:29am
Quoting cescof
{quote} Hy could you share your setting file to test (tf pair a nd setting) cause yesterday i tried to use it with GBP/JPY in TF5 but Ea open just first order in trend direction but nothing more .... so there's something wrong in my setting... Thanks Regards
Friend test on 08 couples who left the post in 1216
settings on the image in H1
Note: I'm sorry to be repetitive ... ALL THESE EAs REMON HAVE TO HAVE A TP GENERAL AND A STOP GENERAL unless the operator intervene manually, for and accumulates negative positions and one hour ... BOOOOMMMMMMMM

good luck
0 traders viewing now