Secure 10 pips a day - page 6
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Hi, Spence! Do you have problems with GoodGrid 1.0? When I start EA, it opens ONLY buy positions 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 2.0 2.2
Do you look at the visual chart or look into the journal?
if in journal are only buy positions - i don't know why
but at this time i'm fixing a lot of things, so please wait for v1.1 and try again with the new version
i think the new should work
if in journal are only buy positions - i don't know why
but at this time i'm fixing a lot of things, so please wait for v1.1 and try again with the new version
i think the new should workOK! looking forward to v 1.1!
hmm
when the EA works exactly how described in post #1 it isn't profitable
only for big moves - on news
there seems to be a bug in v1.0 wich makes it profitable - please help to improove
here is v1.1
it works good at news
...............
Problems with v1.1
.............
Problems with v1.1
Spence, the EA does not work according to your system, because at the beginning it closes 0.2 and 0.4 lot orders, instead of closing 0.2 lot from one side and 1.0 lot from the other side
. So, later it stays with 0.6 0.6 0.8 0.8 1.0 1.0 opened orders, i.e. hedge.
I started EA 3 times with different step in order to be sure of the same problem. Also, I think EA should use pending orders as in a fast move it does not manage to close trades at exact price.
news
any news about the V1.1 problem ?
i noticed also that V1.1 isnt implementing the Idea as the Post started , it just opens buys & sells then cash in all profitable ones then keep those loosing floating till they turn profitable am i right ?
would apreciate if any of the pros here would answer
DLM manual
Did You check DLM?
hi @ all
I have an idea for a trading system without using any indicator.
the idea came by reading some grid-system-threads
it isn't always profitable but i thing about 85%
so let me explain:
sooner or later the market trends, right?
so if we open 10 positions, 5 short and 5 long
5.long TP 25 pip 1.0 lot
4.long TP 20 pip 0.8 lot
3.long TP 15 pip 0.6 lot
2.long TP 10 pip 0.4 lot
1.long TP 5 pip 0.2 lot
__________________________
spread
__________________________
START
__________________________
spread
__________________________
1.short TP 5 pip 0.2 lot
2.short TP 10 pip 0.4 lot
3.short TP 15 pip 0.6 lot
4.short TP 20 pip 0.8 lot
5.short TP 25 pip 1.0 lot
assumed the market goes up:
the 1. long pos. is TP --> +10$ , then we close the 5. short pos. --> -50$
the 2. long pos. is TP --> +40$ , then we close the 4. short pos. --> -80$
the 3. long pos. is TP --> +90$ , then we close the 3. short pos. --> -90$
the 4. long pos. is TP --> +160$ , then we close the 2. short pos. --> -80$
the 5. long pos. is TP --> +250$ , then we close the 1. short pos. --> -50$
we have a total profit of 200$, right?
of cause the same works in the other direction,too
so where is the problem?
the worst case we could have is if the market turns the direction around the 3. pos. then we would have -160$
but we only need a move of 25pip to get our 200$
so the next argument would be the spread:
if i calculate right with 3pip it would be -90$, right?
so there will be still 110$ profit
and in the worst case - 250$, right?
hmm, now we have more loss then profit, but remember - we only
need a move of 25 pip so i think we could win more then 85% of the positions.
i think 10 pip a day should be possible
questions and suggestions are welcome
i think we could make a profitable EA out of this together
maybe include some indi , change the TP , test the major pairs, trade on news/opens or something else ........
so please suggest this idea
Help
PLease spence would you give me some light here , this V1.1 would open buys & sells @ the same time then close them on what seqence & what shall it do in the loosing trades please give me some illustration.
i have tried your setting but it also keep Opening orders & selling orders also then all come positive this means it waits till loosing comes to positive .
or there is something else ?
also how to test it i placed it on 2 different MT4 demos gives 2 different results ?
FXLQ & MIG