Anyone Trading This Grid Code?

[MT4 Trading]

Hi Friends

Is there anyone got this Grid Code? Or Trading this Grid System?

Inputs

extern int Magic = Magic Number
extern int TakeProfit = Take Profit
extern int Spacing = Grid Size or Spacing between your orders

extern  double  Lot = Starting lot size

NO STOP LOSS AT ALL

Thanks

[Marco vd Heijden]

Oh my where did you get this ?

[MT4 Trading]

Marco vd Heijden:

Oh my where did you get this ?

Just the idea my friend

[Marco vd Heijden]

Thanks, i have been looking for this all my life.

[MT4 Trading]

Marco vd Heijden:

Thanks, i have been looking for this all my life.

Think this is very profitable. Lets look for one programmer to do it for us.

PLEASE PROGRAMMERS, HELP US ON THIS.

[Alain Verleyen]

Forum on trading, automated trading systems and testing trading strategies

Welcome,

• Usually people who can't code don't receive free help on this forum, though it could happen if you are lucky, be patient.
  
• If you show your attempts and describe well your problem, you will most probably receive an answer from the community.
• If you don't want to learn to code, nothing bad, you can either look at the Codebase if something free already exists, or in the Market for paid products (sometimes free also).
• Finally, you also have the option to hire a programmer in the Freelance section.
  

Good luck.

[William Roeder]

Wiseacre Mhlongo:

Think this is very profitable.

PLEASE PROGRAMMERS, HELP US ON THIS.

1. Hedging is forbidden in the US since 2009
   • NFA Enforces FIFO Rule, Bans Forex Hedging in US Forex Accounts - Trading Heroes
   • FAQ: FIFO in the Forex Market - BabyPips.com
   Why it won't work: Calculate Loss from Lot Pips - General - MQL5 programming forum
   Same as Martingale: Martingale, guaranteed to blow your account eventually.
2. Don't SHOUT at us; it's rude.
   

[MT4 Trading]

Alain Verleyen:

Thanks for your reply, i will check that

[MT4 Trading]

whroeder1:

1. Hedging is forbidden in the US since 2009
   • NFA Enforces FIFO Rule, Bans Forex Hedging in US Forex Accounts - Trading Heroes
   • FAQ: FIFO in the Forex Market - BabyPips.com
   Why it won't work: Calculate Loss from Lot Pips - General - MQL5 programming forum
   Same as Martingale: Martingale, guaranteed to blow your account eventually.
2. Don't SHOUT at us; it's rude.
   

1. Hedging is forbidden in the US since 2009
   • NFA Enforces FIFO Rule, Bans Forex Hedging in US Forex Accounts - Trading Heroes
   • FAQ: FIFO in the Forex Market - BabyPips.com
   
   
   Yes very true, but its not like everybody is living in US. There is no problem about doing this if you living in South Africa.

1. Why it won't work: Calculate Loss from Lot Pips - General - MQL5 programming forum
   Same as Martingale: Martingale, guaranteed to blow your account eventually.

         Well losses or small losses are part of this trading business, if you cant afford to absorb those small losses in trading, you got no reason for trading. What is very important or growing us in trading is our reactions on those small losses. I understand its almost the same as Martingale but "NOT THE SAME". People are still blowing their accounts using Manual Trading, People are still blowing their accounts using Robots, People are still blowing their accounts using Trend Indicators, People are still blowing their accounts using Oscillators, People are still blowing their accounts using Hedging, Pleople are still blowing their accounts using Volume Indicators, people are still blowing their accounts using Bill Williams Indicators, even using Martingale. WHAT IS WORKING IN TRADING THEN?

1. Don't SHOUT at us; it's rude.

I am not my friend. Please read my request again. Very sorry if seems like that.

[Marco vd Heijden]

Yeah don't worry about him.

So basically the your idea is this:

INIT	B1	BUY	0.01
INIT	S1	SELL	0.01
B1 HIT TP	B2	BUY	0.01
	S2	SELL	0.02
B2 HIT TP	B3	BUY	0.01
	S3	SELL	0.03
B3 HIT TP	B4	BUY	0.01
	S4	SELL	0.04
B5 HIT TP	B5	BUY	0.01
	S5	SELL	0.05
S5 HIT TP	B6	BUY	0.02
	S6	SELL	0.01
S4 HIT TP	B7	BUY	0.03
	S7	SELL	0.01
S3 HIT TP	B8	BUY	0.04
	S8	SELL	0.01

Is that correct ?

I wrote the code for this but there is something wrong with your strategy, Please Help.

[Enrique Dangeroux]

Marco vd Heijden:

Yeah don't worry about him.

So basically the your idea is this:

INIT	B1	BUY	0.01
INIT	S1	SELL	0.01
B1 HIT TP	B2	BUY	0.01
	S2	SELL	0.02
B2 HIT TP	B3	BUY	0.01
	S3	SELL	0.03
B3 HIT TP	B4	BUY	0.01
	S4	SELL	0.04
B5 HIT TP	B5	BUY	0.01
	S5	SELL	0.05
S5 HIT TP	B6	BUY	0.02
	S6	SELL	0.01
S4 HIT TP	B7	BUY	0.03
	S7	SELL	0.01
S3 HIT TP	B8	BUY	0.04
	S8	SELL	0.01

Is that correct ?

I wrote the code for this but there is something wrong with your strategy, Please Help.

The strategy is perfectly sound. It *will* need unlimited funds. Otherwise like whroeder1 states, it will blow your account. In this case sooner rather then later.