Griddy Wotsit Mk 2

Post by **keydcuk** » Tue Mar 08, 2016 11:37 am

I feel like I'm watching some sort of sports event on this thing.

"AND IT'S 10 POINTS FOR THE BUYS... AND IT'S 13 POINTS FOR THE SELLS"
"WHO WILL WIN THIS MATCH AND HOW MUCH LONGER WILL IT GO IN OVERTIME?"

DNTme · Post by **DNTme** » Tue Mar 08, 2016 11:51 am

Gertje » Tue Mar 08, 2016 3:23 am wrote:
DNTme » Tue Mar 08, 2016 11:20 am wrote:Added EA yesterday on GBPJPY Tp=5pips, rest OOTB, on 50k account, lot 0.4 . :hi:

You might want to change the pip-distance between the trades in the grid.

Any recommendations?

Post by **Gertje** » Tue Mar 08, 2016 11:55 am

DNTme » Tue Mar 08, 2016 11:51 am wrote: Any recommendations?

I changed pip-distance to 5pips, 5TP, hedgeTP $10 [for 0.01lots, so $400 in your case]

GBPJPYM5.png

DNTme · Post by **DNTme** » Tue Mar 08, 2016 11:59 am

Gertje » Tue Mar 08, 2016 3:55 am wrote:
DNTme » Tue Mar 08, 2016 11:51 am wrote: Any recommendations?
I changed pip-distance to 5pips, 5TP, hedgeTP $10 [for 0.01lots, so $400 in your case]

thaks mate! will change sets now.

Post by **keydcuk** » Tue Mar 08, 2016 12:09 pm

Gertje,

What are your results on the GBPJPY for this week? I'm curious to know as we have different settings. I am using 10 pips apart, 10 pips TP and 10 Euros on the hedge TP.

Thanks,

Daniel

Post by **Gertje** » Tue Mar 08, 2016 12:14 pm

keydcuk » Tue Mar 08, 2016 12:09 pm wrote:What are your results on the GBPJPY for this week?

$79,61, 1033 pips
I do some manual closing of one side now and then, to see what the EA's responce will be.

Post by **keydcuk** » Tue Mar 08, 2016 12:18 pm

Gertje » Tue Mar 08, 2016 12:14 pm wrote:
keydcuk » Tue Mar 08, 2016 12:09 pm wrote:What are your results on the GBPJPY for this week?
$79,61, 1033 pips
I do some manual closing of one side now and then, to see what the EA's responce will be.

Interesting. I only got about half as much at +535. I am wondering whether it has to do with my settings, your method or possibly my broker having a larger spread. Either way, I am still happy with +535 pips as a set and forget EA.

Post by **Gertje** » Tue Mar 08, 2016 12:30 pm

I think the settings bring the same, approximately.

Below an example of what I did, closing the sell side that was in profit before the 'mid-day-reverse' .

GBPJPYM5.png

GBPJPYM5 2.png

Now wait for the buy side to go into profit and close again.
:!!:

Post by **keydcuk** » Tue Mar 08, 2016 12:41 pm

Although I am happy for you and hoping that you get a lot of pips. I personally am staying away from manually closing trades. It becomes a point where you are assuming that the buy side is going to take up. If it doesn't then surely it will take longer to close the hedge profit positions.

Another thing I thought about with what you are doing... How does that affect your L4 and grid calculations?

Post by **Gertje** » Tue Mar 08, 2016 12:44 pm

It's demo and a way to test things, I agree that one must be very carefull with manual interference. On the other side, no way will I let a pair accumulate several 100 positions without stopping it.

The grid and L4 etc. are re-calculated once you close out one side.