GridMeUpFX 2013 (by odrisb) Quick Stats
Gain: +31.4%
Drawdown: 18.90%
Pips: 2958.5
Trades: 865
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Automated

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GridMeUpFX 2013 Discussion
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jsintl

Member Since Oct 03, 2010  78 posts jsintl Dec 01 2011 at 02:53

   dingueling posted:
   
Hello,
I don,t get the same result as you ,today I still have 6 orders open on Grimeup V 3.12
Could you post the set file you are using?
Thanks.


Hope you're not in huge DD. If you are emotionally and financially prepared then it will eventually closed your trades in profit.
I was not comfortable seeing huge DD, so I stop using it.

Good luck with your trades.

dingueling

Member Since Dec 14, 2010  5 posts dingueling Dec 01 2011 at 05:54
Thanks for your reply but Could you share the set file you are using so that I get the same results as you?

Regards.

jsintl

Member Since Oct 03, 2010  78 posts jsintl Dec 01 2011 at 10:40

   dingueling posted:
   Thanks for your reply but Could you share the set file you are using so that I get the same results as you?

Regards.


I was using the default setting only and my broker is GoM.

dif0r1

Member Since May 03, 2011  11 posts dif0r1 Dec 17 2011 at 10:18
What would you think of closing 30% trades on 100$ with lotsize 0.01 ? I know it would hit it a bit more frequently but I could use 0.02 size per $1000 maybe?

grochach

Member Since Aug 23, 2011  2 posts GT Team (grochach) Dec 22 2011 at 21:21
I am also in DD same as you. Is the EA preforming as it should in this specific DD? I noticed it stopped opening orders. I also have the 11 orders open. It will not open any more? just wait till it comes back down. Last time I was in DD it was doing some different things like it kept selling the last trade or 2 in profit then opening a larger grid one. It was odd and not the same as this time? Just wondering what your thought are on right now... with xmas holiday 2 days away too Thank you for your thoughts

www.cashbackforex.com/?aid=9987
viloader

Member Since Sep 30, 2011  12 posts viloader Dec 24 2011 at 10:26
Quick question on how the smart lots work: Does it take into account which currency my account is? Because for example someone with an EUR account could make the step to the next higher lot size in terms of the absolute balance sooner than someone with a USD account.

odrisb

Member Since May 03, 2011  42 posts odrisb Dec 24 2011 at 12:30

   viloader posted:
   Quick question on how the smart lots work: Does it take into account which currency my account is? Because for example someone with an EUR account could make the step to the next higher lot size in terms of the absolute balance sooner than someone with a USD account.


Yes it does take into account the account currency and adjusts the Target Profit, LossStopOut etc accordingly. It works with all the major forex currencies (EUR, GBP, AUD etc). Most of the testing has been conducted on a US dollar account and I would strongly recommend trading on an account with this currency.

gwrigh

Member Since Jul 30, 2011  72 posts gwrigh Jan 12 2012 at 22:13
Does smart lots work based on the leverage of the account as well as the balance? I have a U.S. account with 1:50 so I want to adjust. What is the worst floating DD in pips that you've ever seen? Are you worried at all about potential EUR crash which could cause a huge unrecoverable DD?

killerkhan

Member Since Aug 27, 2011  16 posts killerkhan Jan 13 2012 at 03:05
any set files for this EA? i bought it but dont feel like tweaking every variable to find out which one works. I am dealing with FXDD and IBFX accounts, whats the set file to use with these brokers?


odrisb

Member Since May 03, 2011  42 posts odrisb Jan 13 2012 at 12:06

   gwrigh posted:
   Does smart lots work based on the leverage of the account as well as the balance? I have a U.S. account with 1:50 so I want to adjust. What is the worst floating DD in pips that you've ever seen? Are you worried at all about potential EUR crash which could cause a huge unrecoverable DD?


Sorry smart lots does not take into account a leverage of below 100:1. I have made this modification for the next version that will be released in the next couple of days. The worst floating DD is approx between 300 - 350 pips. Any higher than this and the StopLoss would be hit closing off a percentage of my balance. In 2011 1 StopLoss was hit before I adjusted it.

I would recommend anyone who trades a grid ea to always remove a % of their profits over time so if there is a large market move in 1 direction and large losses occur you have some funds put aside to trade another day.

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