one can not predict when the channel is going to break out,needs at least to set daily fibo to find out the 50 % price and starting trading on 1 pair only ,but the fibo timeline needs to be at from 2 years prior,hoping that it does not break the new channel,very risky anyway
sirius1fx posted: Running a AntiMartingale grid even with out lot increasing is one of the hardest things to figure out for a grid that can handle all market situations, trust me i have been working on it for years...
If you can figure it out you will be one of the richest on the planet...
Sure, i´m developing a grid EA based on this PZGridTrading, only buy market orders on grid levels. The only problem i saw is that you have to set all parameters manually. My intention is to make one like it but parameters will be automatically adjusted by risk settings.
one weak point on that ea and same on all gridders is that you need a sl when the grid go over the predetermined set up .need ton kill those loosing trades before they get out of control and kill your acc,grid are working best in a ranging market ,when not ranging anymore it needs a sl somewhere, look at the day chart of eurusd,this is a perfect example of what i'm talking about ,ranging since several months,when tit stops ranging again (we don't know when) that is time to apply the sl, MUST start over only when the ranging start again. that would be some of my rules,those rules are imperetives to capital preservation. means that you are ready to take a a big loss when big trending starts
They Key here is to trap the price with a locked margin, so that the EA never uses the initial capital and never runs outta margin...
A buy and sell at set distances on repeat
The problems i have ran into:
Orders start multiplying dramatically - the anti martingale goes crazy.. The grid breaks even no matter what - not enough is made by the anti-martingale Lot sizes get to large amounts - when trying to use a lot multiplier on the anti martingale..
Here is an example of what you can do with a locked margin, as you see in this test that the drawdown is more then 200% but the account doesnt crash...
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.