Super Money Grid

[ElectricSavant]

I ran some errands and when I came back....Another trade!


Start Capital:
$2,000.00
# of Days Traded: 5 (Start = 12/29/11)

Profit:
$24.55
1.23%

Float:
-$95.66
-4.78%

NAV:
-$71.11
-3.56%

 

[ElectricSavant]

Calling all Mathematicians!

How wide will the grid build?

Will it suck the system dry if two years of carry occur without enough trades to cover the "cost of carry" accrual?

Is the destiny for the Super Money Grid one that ends with price trading between the grid lines and no more trades occur?...

Is Electric one handsome good looking guy?

ElectricIsWastingHisTimeAgainSavant

P.S. You all know the truth...you are looking for blood at the scene of the accident!

 

[Zr1Trader]

Quote from ElectricSavant:



P.S. You all know the truth...you are looking for blood at the scene of the accident! [/B]

lol



Wonder if any big money uses this with limit orders only in futures market. Isn't it basically market making?

 

[ElectricSavant]

zr...well I do not know....stay with this thread and lets watch what happens...

I do know one thing...This sort of trading scares me...

I am not live...but I treat my forward tests on my Demo's veeerrrry seriously. I wish we would get a HUGE move so it would help me visualize what will happen and how much money I need. Also it would tell me how long there would be no trades in a "wide grid" environment. Those salmon and blue lines are alway expanding and contracting as trades are placed....so it is not simply to scrole back and look...

I do not want anybody taking this live...(that is a risk I am taking for posting such a thread as this) but if the more experienced folks read this thread...please POST!

The author of this EA has a deluxe version...But I do not think he will give it to me...

ES

P.S. There is an unbalance control for the ones that goose this EA with a progression...I would never martingale such a thing...so I do not use unbalance control. But if someone wants to try and post their reports in this thread go for it! just do not do it with real money!

Quote from Zr1Trader:

lol



Wonder if any big money uses this with limit orders only in futures market. Isn't it basically market making?

 

[ElectricSavant]

Somebody might want to try with 2k with these settings below on GBP/USD m15 (I do not know what the timeframe has to do with anything)

Remember use 1:500 and 10 cent a pip lot size (1 cent per pippette) lotsize..try to find a dealer that counts a hedge as one trade and offers unlimited demo accounts. US residents...just forget it...move.


user_slippage=2
grid_size=60
take_profit=65
profit_lock=0.9
min_lots=0.01
account_risk=100
progression=0
unbalance_control=0

Be prepared for 10% drawdown...maybe 20%...

 

[ElectricSavant]

For those of you that are progression hounds..(you are very foolish..but use 1 if you must).

enter 1 in progression for D'Alembert type progression.
http://www.swapme.net/mroops-free/Mr Oops D'Alembert.pdf


2 for marty

now I hope this EA uses the correct D'Alembert...I did not write this EA...Heck when I look at the code it looks like Chinese to me...I am not a coder.

Let me know.

ES

 

[ElectricSavant]

Start Capital:
$2,000.00
# of Days Traded: 6 (Start = 12/29/11)

Profit:
$26.51 ($4.42 per calendar day)
1.33%

Float:
-$109.14
-5.46%

NAV:
-$82.63
-4.13%

 

[ElectricSavant]

Start Capital:
$2,000.00
# of Days Traded: 6 (Start = 12/29/11)

Profit:
$28.77 ($4.80 per calendar day)
1.44%

Float:
-$121.42
-6.07%

NAV:
-$92.65
-4.63%

 

[LCFXTRADER]

Hey LCFXTrader...

Man that was one heck of an EA we built...what was that called?...TFX Traders or something like that?

Those were the good ol' days. The days when I did not give up.

LOL

ES

Quote from ElectricSavant:

I know all of the traders residing in the USA (which there
many here in ET) regret that they cannot trade this EA.

There is no hedging...FIFO rules and only 1:50
leverage. This was decided for you from Senators
who have never traded Forex.

For those of you that think that they can trade offshore...
Well you might be taking a chance with that. I would
definatley question the integrity of the dealer who
does business with the communist nation of the USA.
When taxes go up and the enforcement budgets
get created...well the sky is the limit..Americans
blindly allow Government to supress the people,
in the name of "We are protecting you".

But isn't this fun to read?...it's kinda like
dangling candy in front of a child. And
catering to the rest of the world who
can trade this.

ElectricAllAmericanSavant

Hi ES. I checked with CitiFX (50:1) and they allow hedging for U.S. customers due to their banking status. The drawback is a $10K opening deposit on a live account. Mer off of FF is in the U.S. and opened a live acct with FinFX (200:1) that also allows hedging. Now we just need to invite Wolfe from ForexTSD and it will be like old times again developing an EA.

 

[atticus]

Quote from ElectricSavant:

Start Capital:
$2,000.00
# of Days Traded: 6 (Start = 12/29/11)

Profit:
$28.77 ($4.80 per calendar day)
1.44%

Float:
-$121.42
-6.07%

NAV:
-$92.65
-4.63%

NAV -4.63%?