SharePosts by odrisb
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Backtest from July 2007 to April 2013
Prior to mid 2007 news data is not available so any further backtesting will not be accurate:
http://gridmeupfx.is-leet.com/GMU42b.zip
Cheers
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Yes grid trading is a dangerous activity but if managed correctly then it can be profitable. Choose the correct pair, withdraw profits regularly, limit the number of orders raised and don't make the lot multiplier too aggressive. Backtests have proven profitable over the last 5-6 years (Dukascopy tick data) and time will tell if it survives longer term in a LIVE environment [wink]
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[quote]
pip2cash posted:
Hello odrisb,
Any major changes to your EA so that you want to start your account all over again? Or are you going to change something on the EA?
Thanks,
SIM
[/quote]
The account lost most of its 2011 profit in mid Jan 2012 with the big EUR rise. There have been some modifications to the settings to take losses earlier and to reduce the drawdown along with another filter added for market entry. I'm looking at adding a hedging option to the next version for the members that requested it but I'm not sure if this just adds extra risk to the trading [confused]
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[quote]
gwrigh posted:
I noticed that you reset the test - did the previous account crash? Are you running the new 3.4 version here? Do you still believe in the strategy? What changes have you made that you think will protect it now? What settings do you recommend for a 1:50 leverage account per $10K? Thanks.
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The account had a big crash from mid January to early Feb. I was not running 3.4 but 3.2. The settings have been modified in 3.4 so that losses occur more frequently but with less damage to the account. I'm looking at other options (eg hedging) but this may take some ti......
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[quote]
gwrigh posted:
Is this what you call the crash? Ouch! Why didn't it bail out at 30-40% DD?
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It was set to close a % of the account at 40% DD but once a loss occurs there was no cap on the DD for the remainder of the grid so the next LossStop amount could be greater than the euity in your account. This is obviously not OK so I've implemented a cap on the equity DD after a loss in the new version...
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[quote]
fxtrader76 posted:
good luck with the account but i think that will ends as all the grid accounts ends...with a blow account
[/quote]
If it does it will be back to the drawing board again.
We learn from our mistakes [cry]
I've have made some minor adjustments to the latest version that should not put the account in this situation again (take losses sooner to avoid this level of DD).
I'm not going to give up on the strategy just yet [wink]
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[quote]
teuteux13 posted:
i don't understand why your account didn't close the position today you are more than 10% of the balance with nearly 1000usd of drawdownmand your account is around 2400usd so around 30% risk. Am i right?
What your seeting because for my side it close some position today?
Did you modify some setting ?
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My account has already had positions closed so the average lot size increased for the first 8 orders in the grid to 0.04 lots (from 0.02 lots). The Max1kDDPercent is ignored once LotMultiplyAfterXOrders is triggered and some orders have been closed in the......
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[quote]
fxtrader76 posted:
last trade was manual? the trade use a very high lot
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The last trade lot size is part of the rule set:
After the loss the LotMultiplier boost has kicked in because 10 out of 11 orders (GridPendingOrderLimit) were open. The rounded average on my first 8 orders after the loss is 0.04 lots multiplied by 2.25 (lotmultiplierboost) multiplied by 3 (3rd order in the LotMultiplier set) = 0.27.
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[quote]
kiralytommy posted:
Hi Brenden,
Thank you for sharing your v2.0 EA. I've just put it to a GU 15min chart. I've got an IBFX-AU mini account (pip value=1) and noticed the EA calculate wrong the TP, and the auto lotsize calculation is bad too. Did you solved this issue in the enhanced version?
Best regards,
Tamas
[/quote]
The enhanced version does not have this issue.
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[quote]
grochach posted:
Is it a bug that your current positions opened are 02 02 02 06 13 02 02 02?
why did the lots get smaller after the martins?
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That is normal after the LotMultiplier set is complete.
This helps reduce the drawdown percent if the market continues against you.
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