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Trapping System: Grid

  • #3,661
  • Jun 29, 2016 1:18am Jun 29, 2016 1:18am
Quoting radityo.ardi
{quote} For STOP, I can't find a safe way to trade with it as of now. There were some ideas to improve it, but were dropped. You can see on my trade explorer that I'm still using STOP on Demo. The reason is that I'm not convinced enough to use it. If you see my demo: http://www.myfxbook.com/members/radi...gtstop/1302323 (you see no monkey business here, I don't want to hide that bad result). STOP was like a rocket for 6 months, but then too many hedged orders = too many floating loss. When the price retract back to its initial point,...
What if we use both. Limit and Stop in the same time. They hedge each other as well and profit could be earn in both side. Also a less trending pair like audnzd, eurgbp.
It will be a permanent floating loss, but after a certain time it will be holding this level.
Just an idea.
  • #3,662
  • Jun 29, 2016 1:36am Jun 29, 2016 1:36am
Quoting Imperial1
{quote} What if we use both. Limit and Stop in the same time. They hedge each other as well and profit could be earn in both side. Also a less trending pair like audnzd, eurgbp. It will be a permanent floating loss, but after a certain time it will be holding this level. Just an idea.
This scenario were also raised few months back (see previous posts).
The only issue I can't get over with is the scenario of closing the cycle.
Let us think Limit and Stop as different portion of a cycle. Place both Limit and Stop at the same time, now when the price moving out of the current price, of course Stop cycle will be in profit, while limit will be in loss. Sure, we can close the Stop cycle at this point. How about the Limit? Close later when in Profit? Are we going to open another stop cycle while Limit is still in action? If not, what if the price keep moving in trend?
If you ask me to code/fix your EA... it's probably not for free...
  • #3,663
  • Jun 29, 2016 2:27am Jun 29, 2016 2:27am
Place both Limit and Stop at the same time, now when the price moving out of the current price, of course Stop cycle will be in profit, while limit will be in loss. Sure, we can close the Stop cycle at this point.
How about the Limit? Close later when in Profit?

Yes! Close later when in Profit. What are you doing with limit orders if the ea opens only Limit orders? Let it close when profit, as you would do if only Limit order would taken place.

Are we going to open another stop cycle while Limit is still in action?

Yes. After each cycle (Limit and Stop) close in profit.

If we use only Limit order, the way the price goes in negative the floating loss is bigger and bigger, but we could still grow equity with the Stop orders and in the way back the Limit orders making profit as well.

I am running that way in two different charts (one Limit, one Stop) and for now is doing what I expected.
  • #3,664
  • Jun 29, 2016 3:05am Jun 29, 2016 3:05am
Quoting Imperial1
Place both Limit and Stop at the same time, now when the price moving out of the current price, of course Stop cycle will be in profit, while limit will be in loss. Sure, we can close the Stop cycle at this point. How about the Limit? Close later when in Profit? Yes! Close later when in Profit. What are you doing with limit orders if the ea opens only Limit orders? Let it close when profit, as you would do if only Limit order would taken place. Are we going to open another stop cycle while Limit is still in action? Yes. After each cycle (Limit and...
The same suggestion were also given to this thread, exactly the same. But I haven't coded it, I am still not convinced enough.
But anyway, I will try to look and test it.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,665
  • Jun 29, 2016 3:38am Jun 29, 2016 3:38am
Quoting radityo.ardi
{quote} The same suggestion were also given to this thread, exactly the same. But I haven't coded it, I am still not convinced enough. But anyway, I will try to look and test it.
If we could find the right relation - for given account balance - between grid distance, lot size, TP level or closing the cycle, I think it should work.
Most important is to check a currency pair for let say 6 or 12 months movements in pips and fit grid distance, lot size calculation within this two extreme. In this way I think it will be pretty safe to trade both direction in the same time.
  • #3,666
  • Jun 29, 2016 10:59pm Jun 29, 2016 10:59pm
It's going to die (again)...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 87 KB


Probably I'll stretch the lot size smaller? With more currency pairs maybe?
If you ask me to code/fix your EA... it's probably not for free...
  • #3,667
  • Jun 30, 2016 3:34am Jun 30, 2016 3:34am
Quoting radityo.ardi
It's going to die (again)... {image} Probably I'll stretch the lot size smaller? With more currency pairs maybe?
The problem is hedging distance and hedging lots size, here you go, check this!

http://www.forexfactory.com/showthread.php?t=595822

The best box trading EA i have even seen! Dont miss it my friend!
No one wants to be defeated~
  • #3,668
  • Jun 30, 2016 4:03am Jun 30, 2016 4:03am
Quoting jonirrenicus
{quote} The problem is hedging distance and hedging lots size, here you go, check this! http://www.forexfactory.com/showthread.php?t=595822 The best box trading EA i have even seen! Dont miss it my friend!
You'll have a hard time to convince me.

I need you to prove it before I can jump in. Don't tell me you prove it for 1 year forward testing in demo, don't tell me you prove it for 1 month in real account, if you can proof it in real account for at least 6 month - 1 year, I'll jump in. I'm sure if you can proof it, by that time you'll be rich...

The fact that I don't get easily trust on another system, is that I still feel comfortable with what I'm doing right now. Secondly, I don't have much time on that. Third, I still got some ideas to improve mine, in a different way. There are more than 3-4 ways that I've thought for so long, and still want to explore. Coincidentally, one of them is a bit similar to the Pyramid EA you are trying to test right now.

Will I miss it? Not really... I've gone through ups and downs in my trading experience, and it's usual thing.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,669
  • Jun 30, 2016 4:25am Jun 30, 2016 4:25am
Quoting radityo.ardi
{quote} You'll have a hard time to convince me. I need you to prove it before I can jump in. Don't tell me you prove it for 1 year forward testing in demo, don't tell me you prove it for 1 month in real account, if you can proof it in real account for at least 6 month - 1 year, I'll jump in. I'm sure if you can proof it, by that time you'll be rich... The fact that I don't get easily trust on another system, is that I still feel comfortable with what I'm doing right now. Secondly, I don't have much time on that. Third, I still got some...
This EA has a good trading logic built-in, 100% win in trending market,but have trouble in tight ranging markets.

That makes life much easiler and less stressful, all we need to do is to find trending pairs which is far from S/R and press start.

Still need avoid Bid rate/NFP due to possible huge slippage against stop orders.

Remember the "never loss way" thread you started before, i wonder why you stopped it?
Attached Image
No one wants to be defeated~
  • #3,670
  • Jun 30, 2016 4:40am Jun 30, 2016 4:40am
Quoting jonirrenicus
{quote} This EA has a good trading logic built-in, 100% win in trending market,but have trouble in tight ranging markets. That makes life much easiler and less stressful, all we need to do is to find trending pairs which is far from S/R and press start. Still need avoid Bid rate/NFP due to possible huge slippage against stop orders. Remember the "never loss way" thread you started before, i wonder why you stopped it? {image}
I got no intention to stop it, my 9-6 job did that. So I got no choice to stop it (temporarily).
I'm re-writing the code right now, it's been 2 days and still coding it.
If you ask me to code/fix your EA... it's probably not for free...
  • #3,671
  • Jun 30, 2016 7:51am Jun 30, 2016 7:51am
Quoting radityo.ardi
{quote} For STOP, I can't find a safe way to trade with it as of now. There were some ideas to improve it, but were dropped. You can see on my trade explorer that I'm still using STOP on Demo. The reason is that I'm not convinced enough to use it. If you see my demo: http://www.myfxbook.com/members/radi...gtstop/1302323 (you see no monkey business here, I don't want to hide that bad result). STOP was like a rocket for 6 months, but then too many hedged orders = too many floating loss. When the price retract back to its initial point,...
Hi,

Please try this settings on two charts but same pair. One chart is a Limit and on the other Stop order. All other setting are the same with different magic nr. (screen shot)
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Click to Enlarge Name: Screen Shot 2016-06-30 at 14.44.24.png Size: 82 KB
  • #3,672
  • Jul 3, 2016 7:59am Jul 3, 2016 7:59am
Radityo.ardi

Stumbled across your thread and found it interesting. Been looking for an EA to place both limit and stops both ways.

I haven't read the entire thread yet but noticed discussion about closing the cycle profitably.

Please take a look at Remon's thread below. In the 2nd video on post #1 he shows a strategy for closing a hedged grid. I've tried it manually and been successful. You may be able to implement something similar to your EA.

http://www.forexfactory.com/showthread.php?t=583322

Direct link to video
Inserted Video
  • #3,673
  • Jul 3, 2016 1:41pm Jul 3, 2016 1:41pm
Quoting spyderman
Radityo.ardi Stumbled across your thread and found it interesting. Been looking for an EA to place both limit and stops both ways. I haven't read the entire thread yet but noticed discussion about closing the cycle profitably. Please take a look at Remon's thread below. In the 2nd video on post #1 he shows a strategy for closing a hedged grid. I've tried it manually and been successful. You may be able to implement something similar to your EA. http://www.forexfactory.com/showthread.php?t=583322 Direct link to video https://youtu.be/S8E3xtR2omA...
Yes, I am aware that this thread by Remon about grid is there. Of course mathematically it is perfect, but I think still need improvement and need some proof of concept in Live account. So is there anyone successfully run this through for at least 3-6 months without fail? I don't know, because I haven't read the whole thread.
Before this thread came up to the surface, I've built another EA as well which actually does almost the same for the way it open the orders, but it didn't go well. Of course worth to see...
If you ask me to code/fix your EA... it's probably not for free...
  • #3,674
  • Jul 3, 2016 1:47pm Jul 3, 2016 1:47pm
Quoting radityo.ardi
{quote} Yes, I am aware that this thread by Remon about grid is there. Of course mathematically it is perfect, but I think still need improvement and need some proof of concept in Live account. So is there anyone successfully run this through for at least 3-6 months without fail? I don't know, because I haven't read the whole thread. Before this thread came up to the surface, I've built another EA as well which actually does almost the same for the way it open the orders, but it didn't go well. Of course worth to see...
I'm currently running it live...only been through 1 cycle though as posted on that thread. I've currently got 2 cycles going live...UsdCad and EurUsd.
  • #3,675
  • Jul 4, 2016 1:39am Jul 4, 2016 1:39am
Quoting spyderman
{quote} I'm currently running it live...only been through 1 cycle though as posted on that thread. I've currently got 2 cycles going live...UsdCad and EurUsd.
Which EA are you running? remon 26 or 78, the former is a strong martingale player.
No one wants to be defeated~
  • #3,676
  • Jul 5, 2016 12:36pm Jul 5, 2016 12:36pm
Quoting jonirrenicus
{quote} The problem is hedging distance and hedging lots size, here you go, check this! http://www.forexfactory.com/showthread.php?t=595822 The best box trading EA i have even seen! Dont miss it my friend!
Trapping System Grid is far better than what you suggested Winning Solution System EA just simply will blow your account eventually as it use Martingle & when price ranging too much

but, Winning Solution System EA creator said to use 0.01 lot in $10,000 account!!?!? lolzz even a noob can survive with that much low lot... then whats the point of having an EA?

One ques - have you backtested this Winning EA for at least 6months or 1year?? then how much ROE you getting per month? or per week? on a $10,000 account?
It is the dust where you came from & it is the dust where you shall return
  • #3,677
  • Jul 5, 2016 6:02pm Jul 5, 2016 6:02pm
Quoting infernal199
{quote} Trapping System Grid is far better than what you suggested Winning Solution System EA just simply will blow your account eventually as it use Martingle & when price ranging too much but, Winning Solution System EA creator said to use 0.01 lot in $10,000 account!!?!? lolzz even a noob can survive with that much low lot... then whats the point of having an EA? One ques - have you backtested this Winning EA for at least 6months or 1year?? then how much ROE you getting per month? or per week? on a $10,000 account?
far better.....you know nothing....

if i trade WS EA live, i will use stop loss and my unique consolidation filter.
No one wants to be defeated~
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