stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

Another Grid Trader!!
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3703		 Page 16 of 16
Author:  AGT [ Fri Sep 05, 2014 6:24 pm ]
Post subject:  Another Grid Trader!!
Hi rickyv101 ! :hi:

Thx for your detailed response !

So in summary - not focussing on this sebgrid thingy - do you see any chance for the matilda
(=blessing :o ) ? It seems not .... ? :?

It seems you saw/tested the grid's for a longer time already and you have a distinct experience with them !
Author:  Rickyv101 [ Mon Nov 03, 2014 6:30 pm ]
Post subject:  Another Grid Trader!!
Very sorry to respone so late, but it is a very hard to answer question.

I did putting sebgrid EA logic into super money grid EA, However, it is still a loser EA, it seems that counter trend is very danger this day, and we should stay away.

For blessing - matilda setfile, the best answer should be from its original coder.

Anyway, you need to breakdown its function one by one to see its future.
Its Entry
- It uses CCI as entry, CCI is pre-Entry indicator, It open first trade as breakout direction, as market change this day, breakout happen more often.
- If it fail, it will uses mild grid martingale to existing trades ( it is danger area for all Grid martingale EA).

Average trades - adding trades
- it will increase profit but it also increase Risk, it seems that it increase more profit than risk.

Profit trailing - 4 stages of stealth trailing stop of 15 pips
- it works well on some pair, best pair = GBPUSD

smart grid step = sebgrid grid step = RSI grid step.
- it increase grid step while in strong trend, and it works well with average trade for overall profit and risk.

Hedge trades - When DD=20, it will open trades with hedge trades with 0.5 size.
- It will lock up your money for awhile, but it will greatly prolong account of blow up, and if price has big retracement, it will close account at breakeven.

It seems a very good setfile, problem is that, it has so many price action switches, Broker's price data feeding do have very big impact on it, it mean that account 1 result will be different than account 2.
All times are UTC Page 16 of 16

Powered by phpBB® Forum Software © phpBB Limited