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Scalping Expanding Hedged Grid

  • #21
  • Sep 15, 2016 3:51am Sep 15, 2016 3:51am
EURUSD If I stayed in the trade one more minute it would have doubled the profit.
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  • #22
  • Sep 15, 2016 4:15am Sep 15, 2016 4:15am
Currently trading EURUSD and USDJPY
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  • #23
  • Sep 15, 2016 4:18am Sep 15, 2016 4:18am
Quoting goranFX
Currently trading EURUSD and USDJPY {image}

... and out with $0.50 profit ... 30 seconds trades.
  • #24
  • Sep 15, 2016 4:20am Sep 15, 2016 4:20am
EURAUD trade ...out 6 pips profit.
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  • #25
  • Sep 15, 2016 4:46am Sep 15, 2016 4:46am
GBPUSD ... volatility is down that is why the trade went to fifth level but with only $6 DD (with the hedge you are protected all the time).

...and out with around $9 profit.
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  • #26
  • Sep 15, 2016 8:55am Sep 15, 2016 8:55am
HIGH VOLATILITY !!! and EURUSD and GBPUSD ... $6 profit for 5 min, DD around $3.
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  • #27
  • Sep 15, 2016 1:48pm Sep 15, 2016 1:48pm
I'm still mumbling on this system...

May be I'll try to write an expert in the next days, it could be interesting to run the system on a small account and withdraw the gain when a % profit is reached.
  • #28
  • Sep 15, 2016 1:50pm Sep 15, 2016 1:50pm
[quote=goranFX;9140804
with the hedge you are protected all the time.
[/quote]

But if you haven't the possibility to add another position you are not hedged....
  • #29
  • Sep 15, 2016 1:59pm Sep 15, 2016 1:59pm
Have you changed your multiplier in the 1st post?

Yesterday I read "double the volume" and now there is "triple the volume"...
  • #30
  • Sep 15, 2016 2:14pm Sep 15, 2016 2:14pm
Quoting Alberto_Jazz
{quote} But if you haven't the possibility to add another position you are not hedged....

True Alberto_Jazz, I recommend trading this way only on account over 3k and minimum 1:500 leverage and only when there is high volatility in the market. Usually I trade this way 2 min after red news events and I`m out of the trade in 3 or 4-th level, and of course you can always use Stop-Loss to protect the account.
The benefit of automating this strategy will be to get at least 10 more chances to trade.
  • #31
  • Sep 15, 2016 2:37pm Sep 15, 2016 2:37pm
Hi Goran,
thank you for your ea! I tested it this afternoon on a demo account without to change the setting parameters.
In this case it work good, it open at the distance orders with progressive lot; I think it needs to change something because when ea close all orders (from three and more) everytime it close them not in profit but with a loss. From the images from your post I see the profit but in my test is different.
Second thing is when I set for example 0.01 lot size for the first order and number of lot 2, ea open the first order with lot 0.02 and not 0.01.
Thanks
  • #32
  • Sep 15, 2016 3:47pm Sep 15, 2016 3:47pm
Quoting polindo
Hi Goran, thank you for your ea! I tested it this afternoon on a demo account without to change the setting parameters. In this case it work good, it open at the distance orders with progressive lot; I think it needs to change something because when ea close all orders (from three and more) everytime it close them not in profit but with a loss. From the images from your post I see the profit but in my test is different. Second thing is when I set for example 0.01 lot size for the first order and number of lot 2, ea open the first order with lot...
Hi polindo,
All the credit for the EA goes to Gorraf and it is work in progress I hope. I have a few suggestions that need to be implemented. Tomorrow I`ll make a list of what I think the EA should do and of course all traders are free to contribute their own suggestions in order to make this EA as simple and easy to use. And of course, if Gorraf or some other trader with coding skills is willing to contribute his knowledge in the creating of this EA.
  • #33
  • Sep 16, 2016 2:11am Sep 16, 2016 2:11am
London Open manual trading this strategy GBPUSD, EURUSD and EURAUD.
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  • #34
  • Sep 16, 2016 2:17am Sep 16, 2016 2:17am
Quoting polindo
Hi Goran, thank you for your ea! I tested it this afternoon on a demo account without to change the setting parameters. In this case it work good, it open at the distance orders with progressive lot; I think it needs to change something because when ea close all orders (from three and more) everytime it close them not in profit but with a loss. From the images from your post I see the profit but in my test is different. Second thing is when I set for example 0.01 lot size for the first order and number of lot 2, ea open the first order with lot...

The lot of the first trade is the multiplier of the lot size and the number of lot, meaning, that you set the lot size to 0.01 and the number of lots to 2, the first trade will go off with 0.02 lots.

(The naming might be a bit unfortunate.)

The EA will probably be tweaked further.
  • #35
  • Sep 16, 2016 2:39am Sep 16, 2016 2:39am
GoranFX,

Great system, just beware of the ranging market.

Success to you...

Tumir66
If you don't give up, you will get it..
  • #36
  • Sep 16, 2016 4:18am Sep 16, 2016 4:18am
Quoting polindo
Hi Goran, thank you for your ea! I tested it this afternoon on a demo account without to change the setting parameters. In this case it work good, it open at the distance orders with progressive lot; I think it needs to change something because when ea close all orders (from three and more) everytime it close them not in profit but with a loss. From the images from your post I see the profit but in my test is different. Second thing is when I set for example 0.01 lot size for the first order and number of lot 2, ea open the first order with lot...
Due to slippage, the "grid" is never the same so this would work better calculating a minimum ($1 ?) amount and/or close trailing with a fast stoch - like what Magix is doing with his Falling knives stuff, works very good.
-Oh, and of course taking into account your commission...
  • #37
  • Edited 7:06am Sep 16, 2016 6:41am | Edited 7:06am
Hi Gorraf,
thanks for the EA
Would you mind to share the .mq4?
I would like to try some changes but not sure they would make sense or not
So before I ask you to code it, I could do it myself
- change market orders to stop orders
- when profit target reached a new order is opened to set the total exposure to zero
Trades are then manually closed with Multiple CloseBy
I think that way slipping could be reduced
  • #38
  • Sep 16, 2016 7:08am Sep 16, 2016 7:08am
Quoting iwjw
Hi Goran, thanks for the EA Would you mind to share the .mq4? I would like to try some changes but not sure they would make sense or not So before I ask you to code it, I could do it myself - change market orders to stop orders - when profit target reached a new order is opened to set the total exposure to zero Trades are then manually closed with Multiple CloseBy I think that way slipping could be reduced
iwjw it is not my EA Gorraf ceated it. I just shared my idea how to trade during high volatile market.
  • #39
  • Sep 16, 2016 7:28am Sep 16, 2016 7:28am
Quoting goranFX
{quote} iwjw it is not my EA Gorraf ceated it. I just shared my idea how to trade during high volatile market.
I know
was a typo and I already corrected it
  • #40
  • Sep 16, 2016 7:43am Sep 16, 2016 7:43am
After US CPI news
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