GT-Shadow plus MD (By kotik)

Gain : +86.14%
Drawdown 61.03%
Pips: -6725.9
Trades 1099
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

GT-Shadow plus MD Discussion

Sep 14, 2009 at 19:54
914 Views
5 Replies
Member Since Sep 14, 2009   4 posts
Sep 14, 2009 at 22:17
Just some background to this account:

Started Dec 2008 trading FAPT, made good gains for the first month before the losses started in Jan and Feb 2009 (this is the first part of the graph).

I then started grid-trading in March 2009 but with FAPT on low risk with manual intervention. This was gradually phased out when Megadroid was released in April.

I now trade grid systems using GT Shadow on AUDNZD, EURCHF and EURGBP with Megadroid ADT as a backup system.

It seems to work quite well and I intend to go forward on this basis.
Member Since Sep 13, 2009   12 posts
Sep 15, 2009 at 11:53
Very nice trading kotik, keep up the good work.
There's no greater power than the North Star : Live Free or Die Trying
Member Since Sep 10, 2009   6 posts
Sep 30, 2009 at 12:11
Hi! This looks very promising:-) Do you use standard settings on the GT-Shadow, or have you altered it in some way?

Can I also ask which broker you use?
Consistent profits through thurall analysis
Member Since Sep 30, 2009   2 posts
Oct 01, 2009 at 00:12
I am considering using both robominer and gt shadow. Maybe only one is needed. There does not seem to be much information on gt shadow. What would be good sources?
Member Since Sep 14, 2009   4 posts
Oct 02, 2009 at 07:40
Hi David,

I would reccommend you try https://forum.forex-assistant.com/

Bob on the forum is the joint-creator of Robominer / GT Shadow and is very helpful in answering your questions.

Certainly you dont need both Robo and GTS because by default they trade in exactly the same way, the only difference being that GTS is fully customisable allowing you to adapt and create your own strategies as your knowledge of grid trading grows. However, the downside is its increadibly complicated to set up with dozens of different parameters to configure.

Robominer is much simpler and idiot -proof but of course doesnt have the flexibility.


Member Since Sep 14, 2009   4 posts
Nov 09, 2009 at 22:29 (edited Nov 09, 2009 at 22:35)
Update:

The big loss (in pips) on Nov 2nd was due to me closing out some of my short positions in EURGBP. The remaining EURGBP trades have now been fully hedged and locked in a £420 loss which I will unwind gradually over the next 2 months.

Trading EURGBP has been a big mistake which I hope not to repeat!

In addition AUDNZD has been trending upwards following the AUD rate rises so I added another £2000 to the account to increase my safety margin.
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