Aug 30 2016 at 14:47
I´m a developer looking for an efficient grid system that uses no martingale with a fixed controlled drawdown.
Prepared to profit inside the channels and survive any breakout.
I just need help to know how to deal with breakouts, closing the grid with minimum loss, and the code is free.
Thanks!
Luiz Godoy
Prepared to profit inside the channels and survive any breakout.
I just need help to know how to deal with breakouts, closing the grid with minimum loss, and the code is free.
Thanks!
Luiz Godoy
DeGodoy
Aug 31 2016 at 06:42
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...
If you can figure it out you will be one of the richest on the planet...
if you follow the flock like sheep you always end up stepping in shit!
Aug 31 2016 at 12:46
Any good idea is welcome, i can test and code. If you have any that can be tested, i´m ready to work on it.
DeGodoy
Sep 03 2016 at 14:58
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
try this website
https://www.pointzero-trading.com/Products/view/PZGridTradingEA
try this website
https://www.pointzero-trading.com/Products/view/PZGridTradingEA
Sep 04 2016 at 06:55
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...
Thanks :)
Sep 04 2016 at 07:02
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.
DeGodoy
Sep 04 2016 at 15:10
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
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
Sep 05 2016 at 04:59
PZGridTrading doesn't incorporate and antimartingale to hedge the negative positions and lock the margin, its the only thing its lacking..
if you follow the flock like sheep you always end up stepping in shit!
Sep 05 2016 at 04:59
typo above 'doesn't incorporate an antimartingale'
if you follow the flock like sheep you always end up stepping in shit!
Sep 05 2016 at 05:01
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...
https://www.myfxbook.com/strategies/0-margin/103056
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...
https://www.myfxbook.com/strategies/0-margin/103056
if you follow the flock like sheep you always end up stepping in shit!
Sep 05 2016 at 05:17
Sure, thats what i'm working on. The best to do is always close the grid when it profits an average, and be prepared for the worst situation. My grid will be locked or closed in a fixed distance. it all depends on risk reward probability. I'm beginning to post the tests and the code this week. Thanks
DeGodoy
Sep 07 2016 at 10:30
@sirius1fx
Hey, are you considering going publicly live with a grid strategy soon? Want to watch it.
Hey, are you considering going publicly live with a grid strategy soon? Want to watch it.
Keep at it
Sep 08 2016 at 06:38
Yes actually i am, im in the process of setting up a company to trade under, soon as thats done i will be live...
if you follow the flock like sheep you always end up stepping in shit!
Sep 11 2016 at 02:43
sirius1fx posted:
Yes actually i am, im in the process of setting up a company to trade under, soon as thats done i will be live...
Be sure to bring it to discussion so I can read up and watch something decent.
Keep at it
Sep 26 2016 at 09:58
There's something wrong with you people.
Fx is not for you.
Fx is not for you.
Sep 26 2016 at 17:52
@theHand Aint nothing wrong with anyone buddy, there are 1000's of ways to trade and as long as they are profitable and setup for long term they cant be wrong..
Why dont you go make a system to trade with instead of trolling this forum lol
Why dont you go make a system to trade with instead of trolling this forum lol
if you follow the flock like sheep you always end up stepping in shit!
Sep 27 2016 at 07:36
sirius1fx posted:
Yes actually i am, im in the process of setting up a company to trade under, soon as thats done i will be live...
If i can have an advise from you. I'm also setting up a company - should it be a off-shore location in order to save taxes?
Sep 27 2016 at 07:37
So of all the 1000 ways you focus on a grid ? Cutting winners running losers ?
Need a new master plan mate. Bit Pinky and Brain in here.
Need a new master plan mate. Bit Pinky and Brain in here.
Sep 27 2016 at 07:40
Sep 27 2016 at 07:42
theHand posted:
So of all the 1000 ways you focus on a grid ? Cutting winners running losers ?
Need a new master plan mate. Bit Pinky and Brain in here.
Adding to winners rather than losers?
Keep at it
