c1borg » Wed Aug 07, 2019 9:44 pm wrote:Some thoughts....
From the setfile...
gri=---- Grid inputs ----
ggi=-- General grid inputs --
UseGridTrading=true
TypeOfGrid=0
GridSize=2
DistanceBetweenTradesPips=3
As soon as a signal is triggered 4 trades are placed 3 pips apart so effectively 0.04 lots this could be contributing to the high drawdown when trades go south. Obviously the opposite is true if the trade goes in our favour. I would suggest using fill the gaps instead and using ATR to set the distance between trades what do you think? Why did you choose this setting?
From the setfile...
bas=---- Basket trading ----
ind=-- Individual pairs --
TreatIndividualPairsAsBasket=false
IndividualBasketTargetPips=0
IndividualBasketTargetCash=0.0
IndividualBasketCashPercentageTarget=0.0
dbi=-- Dynamic individual pair basket take profit --
UseDynamicCashTPIndividualPair=true
CashTakeProfitIndividualePairPerLot=1000.0
all=-- All trades belong to a single basket --
TreatAllPairsAsBasket=true
BasketTargetPips=0
BasketTargetCash=0.0
RemoveMyselfAfterBasketTP=false
BasketCashPercentageTarget=3.0
highestCashUpl=-1000000.0
highestPipsUpl=-1000000
dbt=-- Dynamic basket take profit --
UseDynamicCashTP=true
CashTakeProfitPerLot=3000.0
1. UseDynamicCashTPIndividualPair=true
CashTakeProfitIndividualePairPerLot=1000.0
So when any individual pair =$10 profit (0.01*1000) the individual pair is closed.
Im ok with this
2. TreatAllPairsAsBasket=true
BasketTargetPips=0
BasketTargetCash=0.0
RemoveMyselfAfterBasketTP=false
BasketCashPercentageTarget=3.0
When the total basket = Equity x 3% All pairs are closed and we start again
IMO This leads to a steadily increasing target which can get to be impossible to reach unless we increase the lots/equity
3. UseDynamicCashTP=true
CashTakeProfitPerLot=3000.0
This would close the entire basket at $30 on a $3000 equity and we start again, but otherwise do nothing.
Why is this setting true what is the reasoning behind it?
I might be thick and barking up the wrong tree but I would love anybody to chip in with thoughts and ideas on this.