GridsForPips - New (by GridsForPips) Quick Stats
Gain: -99.9%
Drawdown: 100.00%
Pips: -130090.0
Trades: 3354
Won:
Lost:
Type: Real
Leverage: 1:1000
Trading: Automated

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GridsForPips - New Discussion
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GridsForPips

Member Since Jun 16, 2010  205 posts Soeren (GridsForPips) Aug 20 2010 at 12:45
Starting out with EURCHF, since this is closest to its lowest value ever.

Cheers

Soeren

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GridsForPips

Member Since Jun 16, 2010  205 posts Soeren (GridsForPips) Aug 20 2010 at 13:30
Added USDJPY and USDCHF, both within 20% of lowest, hopefully they'll begin climbing again.

Cheers

Soeren

Always get cashback - http://www.cashbackforex.com/?aid=2091
GridsForPips

Member Since Jun 16, 2010  205 posts Soeren (GridsForPips) Aug 21 2010 at 02:12
Adding a lot more pairs this weeekend, waiting for the trades on the old account to close before transferring funds to this one.

If I'm making anymore changes in the programming, it will be small optimizations, to see if it will run faster in backtests, cos right now a 10 year backtest takes days...

Cheers and have a nice weekend.

Soeren

Always get cashback - http://www.cashbackforex.com/?aid=2091
doshur

Member Since Oct 02, 2009  43 posts doshur Aug 24 2010 at 03:20
i'm also in grid trading
my planned grid on audusd

the grid lines are support and resistance lines that are display by my indicator

Attachments: audusd.gif
GridsForPips

Member Since Jun 16, 2010  205 posts Soeren (GridsForPips) Aug 28 2010 at 11:15
I've just come across another improvement to my EA, the OrderCloseBy()-function, in another thread. I will try to implement that one during this weekend.

Chers

Soeren

Always get cashback - http://www.cashbackforex.com/?aid=2091
GridsForPips

Member Since Jun 16, 2010  205 posts Soeren (GridsForPips) Aug 31 2010 at 19:59
Hmm, maybe I should only have started out with one pair/500 cents like Gil suggests, DD is becoming a little high...

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GridsForPips

Member Since Jun 16, 2010  205 posts Soeren (GridsForPips) Sep 01 2010 at 14:17
Nice to see that Equity is climbing fast grin

From 60 to 70% during today.

Cheers

Soeren

Always get cashback - http://www.cashbackforex.com/?aid=2091
bluemele

Member Since May 01, 2010  271 posts Gil Barden (bluemele) Sep 01 2010 at 14:48
Soeren,

Your system takes a lot of equity and very little return for the risk. You may want to try other systems until you 'hone' this one?

It seems to me you may be in love with the concept that this is YOURS!

Just an idea....

Gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
GridsForPips

Member Since Jun 16, 2010  205 posts Soeren (GridsForPips) Sep 01 2010 at 15:00
True Gil, I might be just a little in love...

As I stated earlier, maybe I should have chosen to trade less pairs, but for now, I'll just wait and see where it ends up.

Currently, my free margin is too small for the trendtrading part to start up, that won't begin until I've got at least 20'000 cents.

I've lowered the Risk and us the full history now as well, but trades opened before yesterday was using higher Risk and only 60 months of history, I'm assuming that's the main reason for the heavy drawdown...

We'll see in the future, if I just can keep my itching fingers off the settings and programming...red

Cheers

Soeren

Always get cashback - http://www.cashbackforex.com/?aid=2091
GridsForPips

Member Since Jun 16, 2010  205 posts Soeren (GridsForPips) Sep 02 2010 at 19:13
It seems like it's found a steady level of 30-40% drawdown, so the first months won't bring in any profits. I expected this, but if it can get the 6% a month in the long run, I'm happy :-)

Cheers

Soeren

Always get cashback - http://www.cashbackforex.com/?aid=2091
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