Trapping System: Grid

I'm not using an EA. Trading it manually. I don't think Remon released one for Method 2?

Ghahahaha.... was just back from my 3 days vacation and saw my donation account blew off due to weakened poundsterling at Monday.


I was planning to withdraw some of it on Tuesday night, but sucked till dry before I can withdraw it. Yeah...yeah...
I was unfortunate and saw suspicious trade activity in the morning anyway. The market was too quiet, exactly the same before Brexit shake any pairs related to GBP. Then it brokeout the line and trending for straight whole day. My 2 strategies were dragged to turmoil, GBP/USD and EUR/GBP.

The problems are: EUR/GBP having a slightly higher lot size but it managed to retract back, although the retractment doesn't seems to close the trades.
GBP/USD having slightly lower lot size, but the retracement still too far from the expectation. I treat this occurences as special, since the only currency that is having this issue is only GBP. Why GBP weakened?
Now this is something that I didn't foresee. It was (I'm not really sure, but this is just another probability) probably due to unforeseen shake in the market after GBP/USD and EUR/BGP forecast were slashed at Credit Suisse.
https://www.poundsterlinglive.com/us...-credit-suisse
https://www.poundsterlinglive.com/gb...the-week-ahead
http://woodtv.com/2016/06/27/uk-cred...f-brexit-vote/

Oh well... disappointed?
No! It is part of my learning curve.
This thing happened when I'm about to implement new ideas, probably the mix of mathematical strategy and grid. About the donation account, I will still support the remaining beneficiaries.
I think I will just stop the trading at the moment, and continue enhancing the strategy. Do you guys having the same outcome as mine where your account blew off this Tuesday? I do hope that you are not!

pls. check my sms, i got a secret weapon to share with you.

a secret weapon? curious……

Hello

What should be the setting for cent account which has a minimum lot 0.1 ?
Should I just use the following files?

DONATIONBOX_EURGBP_V1.12.set
DONATIONBOX_EURJPY_v1.12.set
DONATIONBOX_EURUSD_v1.12.set
DONATIONBOX_GBPUSD_v1.12.set
DONATIONBOX_NZDUSD_v1.12.set

Here is my account info.

hello radityo ardi

check my account martingale with hedging

http://www.forexfactory.com/putrimawarfx#acct.72

HI'm getting the following error when I use this EA on NZDUSD.



Any idea why?!

Hello angel,

No one should kick a dead dog!

Stay with me one night and i share you how to "lose" money!

Hi Rad,

Come back friend, i have some progress on counter trading recently!




In Next Step, I want to add a Trailing stoploss which only can be triggered manually.

Hi, radityo:

Regarding hedging, I suggest to do something, assume that we have fixed grid step and fixed lot size(no increment and no multiply)

1. after centain number of orders is reached, when a new buy(sell) order(limit order) is triggered, a new symmetric sell(buy) order with same lot size is placed also.
2. the stoploss of this symmetric order is the "grid size" from current price.
3. if next limit order is triggered, another new symmetric order with same lot size is placed. set the stoploss is the grid size from the current order.
4. move the stoploss of he previous symmetric orrder one "grid size" step of trailing.
5. after 3 symmetric orders and when each new symmetric order is opened, set the stoploss of this group of order to "BE" and trailing.

It may reduce the DD a little bit. The worst case: go against the trend again after stoploss of symmetric order is reached by retrace.

Sunnybeach

show me for nice strategy sir please

counter trend (stop) ? if sideway can kill you hihihi
i prefer limit

yes it did, but straight breakout can kill you.

Your EA is very similar to dragon knight.

I bet if you run this EA on GU 5/31, you blow up definitely.

Believe me angel, you must have a stop loss.

For this kind of EA is quite profitable, taking 1-2 times stop loss every month is acceptable.

Don't provoke me girl!

I gonna show you how long my lizard..........................................................................................can survive

Dragon knight is reborn!!!

Hello. Just found this thread and im amazed. What a great piece of work. Many thanks.

As i said, just started to read and i would like to know, is there a pdf with the
complete Setup explanation ?? Or learning by doing ?

Thanks again..

@radityo.ardi

Getting familiar with your EA step by step. Very flexible and powerful, but

Question:

Why dont you have Market Orders ?

Instead of being forced to choose between Limit or Stop Orders
(knowing about advantages and disadvantages) it would be also cool
to get into a trade when X Grid Level is reached with a market order.

To avoid as much as its possible, the News spikes danger aso a simply
"No trade if spread if greater than.." plus "Max Slippage" could help a lot.

Of course then the EA must have this Orders 'in mind'
and act when the G.Level is reached, but why not ?

Again, thank you so much for the great work, im new here i know,
so dont get me wrong and see that as criticism but rather as a try
to improve the EA and his possibilities

What do yo think about ?

Greets,

Toranaga