spotdespot wrote:Steve - found a slight hiccup (undocumented feature ) today I think. I had to restart my Empty4 terminal I was testing on and one pair immediately opened another grid even though there were open trades from the previous grid (the previous grid lines were deleted). So somewhere it failed to identify the open trades.

   if (!IsDemo() )
   {
      int delay = 10;
      while (delay > 0)
      {
         Sleep(1000);
         delay--;
         Comment("                                       " + "Starting in " + delay + " seconds");
      }//while (delay > 0)
   }//if (!IsDemo() )

bigpipn wrote:

miruvacapital wrote:I think escaping a ranging market has to be quick - else you will get swamped with swap differentials

Maybe i should take a small TP, and open faster lots,

That basically takes advantage of volatility to earn rebates and small penny profits along the way

Markets are ranging quite a bit this month

Markets are getting very edgy, something big is about to happen in next 7-10 trading sessions. The equity markets have melted up since late last year into a nice ascending wedge (SP VIX at 15), tax season selling is upon us. First warning sign is usually given by ferocious moves in yens pairs and we're starting to see that.

*Edit* This system is so stupidly absurdly simple that it is BLOOOOOOODYYYYY genius!! I feel stupid for not thinking of it sooner.

Guys, the point of this is that we are ALWAYs in the market. Set the inital buy/sell to the smallest trade possible .01. Set the grid to be 10x the initial lot, have a small tp so only 3-4 ticks into your first grid you tp. The point of this is you are ALWAYS in the market and your risk is very very small (-swap differential).

Example.

Long and short .01 EURUSD -- .9 spreads so say you are floating at worse .25, set the grid to 5x your .01 long short and set your tp to 1.50-2.00. 2-3 pips into that first grid you tp, Rinse repeat.

We must also be careful with FIFO.

This system is why hedging should be illegal (is in the USA). The regulators aren't trying to save us from ourselves, they are trying to help the criminals.

SteveHopwood wrote: It is impossible for G to send the initial trades when there are trades open already - you have seen the code; there is no way around it.

nubika wrote:You got it. That is what I am working on as well.
The aim is to close the trade after second order is opened with 2-3 pips profit. I have done more tests and this can cut down DD big time. Profit level is better also, since we are trading more frequently.

Each pair has different settings so we still have to work the actual figures out.

Frank

SteveHopwood wrote:

nubika wrote:You got it. That is what I am working on as well.
The aim is to close the trade after second order is opened with 2-3 pips profit. I have done more tests and this can cut down DD big time. Profit level is better also, since we are trading more frequently.

Each pair has different settings so we still have to work the actual figures out.

Frank

Would you like a BasketPipsTakeProfit input?