GridsForPips's Posts - Page 5

MT4 Wizard Question in General Sep 11, 2010 at 18:42

I just checked, the downloadable file is (now) a .dllRemember to place it in experts\libraries folderIf you've got doubts about file extensions, change your fileview settings to not hide known fileextensions.Let me know if you still got problems, I can upload it for you.Cheers

GFP_EURUSD_12_months in Strategies Sep 10, 2010 at 13:03

OOps... 😳

GFP_EURUSD_12_months in Strategies Sep 10, 2010 at 13:01

Screenshots attached... Read strategy description.CheersSoeren

Account not updated. in General Sep 10, 2010 at 00:51

Hmm, I find it a bit disturbing, that MBTrading hasn't managed to update to a newer version - build 226 is from March, Last Year!Hope yYou solve the problems...CheersSoeren

Account not updated. in General Sep 09, 2010 at 23:50

Latest MT4 version is build 226 - use liveupdate in MT4 folder 😄CheersSoeren

GridsForPips - New in Trading Systems Sep 09, 2010 at 11:44

By the way, would screenshots just before and after a "CleanUp" be of any interest? I'll just zip them and attach them to strategies...

GridsForPips - New in Trading Systems Sep 09, 2010 at 11:42

I tried the converter, but despite the adaptions I had to make just to compile the d... thing, it never took a trade anyway.Hence, I have to work to figure out all the different obstacles, maybe by seeing how the converter interprets MQL4 to Java, and then have a second clean Java, where I put in the right commands one by one switching between the 2 programs and the API-documentation in my 1500+ lines program (man it's gonna take time...🙄)Regarding backtests, I've just made on AUDUSD today, starting 01.01.2010 and ending 05.09.2010 which lasted from 08:18 to 12:51, roughly 4&fr...

GridsForPips - New in Trading Systems Sep 09, 2010 at 06:44

Hi Gil, thanks for your comments.As a result of them, Ill try to make backtests of all 28 symbols and merge them with Report Manager, just to give an idea of how far the rabbithole goes (especially around May, if I understand it correctly). I believe it'll take a few days, but I'll try to discipline myself enough to see it through.In the meantime, Ill look more into JForex API, and see if I can figure out to make the exact same EA to work with Dukascopy, and use their historical tester to get a more precise result...CheersSoeren

GridsForPips - New in Trading Systems Sep 08, 2010 at 21:11

Gil, if you're still taking a look sometimes, I just summed my actual deposits to 4492 cents, the rest is welcome bonus, rebate and interest. Nice to be able to utilize bonuses to trade and get a profit that way around. Currently it means I'm up by more than 6% in Equity 😉.What do you think about the drawdown, I know it's a lot when looking at a glance, but when you realize it's trading 28 symbols, does that mean the average DD is 1-2% per symbol, or is that a wrong way to see things?As an example, the historical range for AUDUSD is 4514 pips (history from 1989.06.01), ...

length of position holding vs. pips profit in Suggestion Box Sep 08, 2010 at 18:01

Hmm, it makes my system look worse than it is. I'm trading the all-history grid and in this case, it's expexted to have orders open for a very long time and huge DD even though it (in theory) comes back in the end for a "small" profit. The trading gridlines and orderlotsizes is based on the full range and Equity, and there's no problem having prolonged drawdown. The danger is, when the currencies move beyond their historical boundaries, like the EURCHF, CHFJPY and the USDJPY, but my strategy involves diversification to make profits anyway, along with the widening of gridl...

Vip21Kcom in Trading Systems Sep 08, 2010 at 17:35

How funny bidoask just registered 7 hours ago, and has some of the same english errors. How stupid do you think we are lucky?I won't be writning in this thread anymore...CheersSoeren

FOREX COMBO SYSTEM in Strategies Sep 03, 2010 at 20:39

That one isn't actually making me feel any better...Now you advertise a scalper that, from what I can see, sets a 300 pip SL! trading 4 currencypairs with 0.1 lots taking 1200$ loss if they all hit the red marker...I know 25% profit a month is very nice, but taking 50% capital risk on a single trade is not safe long-term trading, that's gambling!But I'll wait and see in 8 months, it'll be fun for you laughing in my face, bringing home the profits.😉Soeren

FOREX COMBO SYSTEM in Strategies Sep 03, 2010 at 15:15

I know Forex trading is for grown-ups, that's why I'm only risking approx. 50$ while learning.You may be 100% sure, that you system is profitable in the long run, but, conservative or not, your statements are quite similar to 99% of the commercial robots on the market that doesn't work on a real, live money-account:I'm sorry, but in my opinion, that's all sales hype, and a lot of your possible buyers forget to read the whole story ending up with a product that might not work (on a real, live moneyaccount, forwardtested for at least 12 months)!Hope to see you on a real accou...

Instaforex_closed in Trading Systems Sep 03, 2010 at 14:51

Hmm, wonder if their disconnetion was causing my crash today, note: remember to be there at high importance news to restart 😁.Newstraders beware, You're not gonna like Instableforex 😲.I'm ok for now, but if it's a persisting problem, I've gotta find another broker 😞CheersSoeren

FOREX COMBO SYSTEM in Strategies Sep 03, 2010 at 14:25

Aahh, my fault, I thought You meant this site, not his site. [smile]I do have a few problems though, concerning the correctness of the test.As I see it, myfxbook returns the maximal drawdown in % as the biggest $loss from current balance, instead of the actual maximal relative drawdown(floating loss), which you get from the header.Forexautomater is selling a product, revealing numerous statements:1) "10 years proven forex profits" - Since when was a 10y backtest a proof?2) "Endorsed by industry professionals" - hmm, who, and which industry?3) "Guaranteed succes using t...

FOREX COMBO SYSTEM in Strategies Sep 03, 2010 at 13:30

I can't really find one of this system Steve.😉CheersSoeren

Instaforex_closed in Trading Systems Sep 03, 2010 at 13:25

Somehow, I find it odd that brokers would try to prevent succesfull traders making money, since higher balance usually means higher volume, hence higher earning for the broker aswell, somehow they're killing their own business...Regarding Instaforex, they have a nice bonusprogram - 30% nonwithdrawable bonus on all net deposits, that means instead of having 1000$ to trade with you have 1300$ (maybe) making you able to earn more profits. Once you start trading, the bonus becomes withdrawable, but there's HUGE tradingamounts needed to withdraw all of it.Second, through an IB of my knowled...

FOREX COMBO SYSTEM in Strategies Sep 03, 2010 at 11:13

Could you post a backtest with a maximum 1.0 lot (100'000 units)?Isn't very hard to program: (I'm not in any way suggesting you don't know how, it's for everyone to see)extern double MaxLot = 1.0;.....after your lotscalculation:if(calculatedlot > MaxLot) { calculatedlot = MaxLot; }CheersSoerenP.S. I'm sure it's no problem for you, it's just that 99'999 lots a little too big for the market :-)

GridsForPips - New in Trading Systems Sep 02, 2010 at 19:13

It seems like it's found a steady level of 30-40% drawdown, so the first months won't bring in any profits. I expected this, but if it can get the 6% a month in the long run, I'm happy :-)CheersSoeren

EA_V801_V1 in Trading Systems Sep 01, 2010 at 16:57

I think it's very risky to bet 10% of you equity on a single trade (if you have set the starting SL to 50 pips like your TP) and 50 % (with 250 pips SL) is gambling on black or red on the roulette...In my opinion, you should risk 2% at the most, I know you will profit less, but at least it safe!CheersSoeren

All Quotes
AUDUSD	0.64865	USDCHF	0.9155
EURJPY	166.47	EURCHF	0.97906
EURGBP	0.85835	GBPJPY	193.932
EURUSD	1.06933	GBPUSD	1.24571
USDJPY	155.677	USDCAD	1.37308

EURUSD	1.06933	GBPUSD	1.24571
USDJPY	155.677	USDCAD	1.37308

Posts by GridsForPips