GridMeUpFX - Enhanced (Real) Discussion

Can you share your full settings please? Thanks.

Gwrigh...its in his system description the settings. Everything default, he just input manual lotsize.

Hi.. Frenchfrog you make big mistake.. why you close trade manual with lose?, actually you can make BIG profit soon. :D

At 100:1 maybe he didn't have enough margin available trading these lot sizes

@TheFrenchFrog

I see right now that you have only 4 orders open although the price has jumped over 1.55

Have you set any max orders or you stopped the EA ? My account has 8 open orders with a nice DD and this is the first time after 2 months of using Grid to go so deep.

Thank you

I have just started testing this EA (basic version) on my Alpari demo account and also currently have 8 orders open with a large DD. The next pending order is a semi-Martingale.

Is this normal?

Yes it is. I've already reached max orders and I do not understand what the heck is GBPUSD doing ..... It has recovered from yesterday's low ~ 300 pips no matter the NFP which was really positive for USD ....

Is anyone else sitting at -1800 pips with 11 (max) open orders? yikes (real money account)!
Why can't this system simply exit losing trades with small S/L. Does it always depend on riding long, possibly deep, DD's?

Well I now have 10 orders open, but am back to break-even, phew! (Only demo acct.) Being totally new to this EA it will be interesting to see how it closes them, which may be on Monday I guess.
Also, I see myfxbook has not been updating for the last 2 hours.

@gwrigh
Don't worry buddy, I'm with u :-) Hopefully it will fall further before market closes.

It closed all for a profit in the end, not a nice ride to get there though!

Blasted martingale could destroy us all.

Not for me it didn't:

Ticket Open time Type Lots Symbol Open S/L T/P Close Price Comm Swap Profit Pips
195223 2011/10/06 20:00:01 Sell 0.09 GBPUSD 1.53901 1.55673 0.00 0.00 - 159.48 - 177.2
Magic #33 33
195224 2011/10/06 20:08:35 Sell 0.09 GBPUSD 1.54027 1.55673 0.00 0.00 - 148.14 - 164.6
Magic #33 33
195240 2011/10/06 21:07:08 Sell 0.09 GBPUSD 1.5418 1.55673 0.00 0.00 - 134.37 - 149.3
Magic #33 33
195346 2011/10/06 21:09:34 Sell 0.09 GBPUSD 1.54331 1.55673 0.00 0.00 - 120.78 - 134.2
Magic #33 33
195367 2011/10/06 22:43:18 Sell 0.09 GBPUSD 1.54489 1.55673 0.00 0.00 - 106.56 - 118.4
Magic #33 33
195512 2011/10/07 05:20:20 Sell 0.09 GBPUSD 1.54629 1.55673 0.00 0.00 - 93.96 - 104.4
Magic #33 33
196259 2011/10/07 09:48:07 Sell 0.14 GBPUSD 1.54779 1.55673 0.00 0.00 - 125.16 - 89.4
Magic #33 33
196439 2011/10/07 09:49:45 Sell 0.14 GBPUSD 1.54929 1.55673 0.00 0.00 - 104.16 - 74.4
Magic #33 33
196441 2011/10/07 10:15:53 Sell 0.14 GBPUSD 1.55065 1.55673 0.00 0.00 - 85.12 - 60.8
Magic #33 33
196485 2011/10/07 10:18:47 Sell 0.27 GBPUSD 1.55285 1.55673 0.00 0.00 - 104.76 - 38.8
Magic #33 33
196492 2011/10/07 10:59:27 Sell 0.60 GBPUSD 1.55508 1.55673 0.00 0.00 - 99.00 - 16.5
Magic #33 33

GPBUSD will probably retrace, so you will probably be OK (that why grids prefer it)

But to avoid a Sell ~1.2 GBPUSD.. escalating your worry

I'd

(1) switch-off the EA.
(2) wait for GBPUSD to retrace
(3) switch the EA back on (when drawdown is less painful)

For the future, maybe half your start volume, and see whether you feel comfortable..

Ultimately EA volume must be comfortable (ie when one feels most objective and can sleep well at night), plus a slight edge of risk..

Hope it comes good for you

Best

Yesterday was an interesting day on the operation of GridMeUpFX and the outbreak of the martingale.

My account is in a critical situation but it makes sense because I take a lot of risk.
I only had 4 trades open because I have not enough margin available trading these lot sizes.

My other live accounts:
FxPro : I did not have to trade on Friday afternoon.
Alpari UK : up to 10 simultaneous open trades (DD 1183 pips !!) with one end in the late afternoon. On this comtpe, I lost pips finally but made ​​money because the last 2 open trades of the 10 had a double batch size every time.

Compared to my Pepperstone account with the publisher here
https://www.myfxbook.com/members/odrisb/gridmeupfx-2011/107990
, I certainly less pips but retraper to the editor the advantage of having larger lots on the last trades will open and close by losing pips while earning money.

The following Sunday, I may be closed manually trades.

========================================================
Very high risk DO NOT do the same thing as me, keep lot size to 0.01 below 10 000 $ !!!
========================================================

High risk indeed, easy on ur equity

Haha to a warehouse explosion

   q270000303 posted:
   Haha to a warehouse explosion

That was funny

   Capitalhill posted:
   

   q270000303 posted:
   Haha to a warehouse explosion

That was funny

我在操你妈妈呢 更有趣听得懂么？