Okay, many thanks

Soul's Thread

Hi Waveskierrob, so been trialling this for a couple of days, and got some questions: (1) Why just the 2pip target profit? Commission and spreads will significantly impact profits, no? (2) What happens when price just takes off in one direction for ...

Soul's Thread

A third exit idea could be to close and stop trading when the equity hits a pre-defined amount, take out the profit and then start again (like a reset). Eg. say you start with a balance of $1000 and set a target of say 10% of the account. So, if the ...

The Ghillyoar System (buying highs and selling lows)

Check out url Decent prices. You asked Should I need to rent two VPS service so that I can open two accounts of a same broker or different brokers for me trade separately? Don't see why you need to do this. You can run as many instances of MT4 on ...

Free Grid EA Ikarus - From zero to hero

tesiag, neosqualls reply (post 166) nails it! Trying your different scenarios is probably going to end up optimizing the EA settings based on some past data which would not necessarily be optimal in future live trading. From my few backtests, I am ...

The Ghillyoar System (buying highs and selling lows)

What is the tweak? Thanks

The Ghillyoar System (buying highs and selling lows)

Exit rule number two states: Exit Rule Number Two One of the two following conditions has to be satisfied. The total Open profit on buys has to be higher than 20$. or The total Open profit on sells has to be higher than 20$ In addition the following ...

The Ghillyoar System (buying highs and selling lows)

Hmmm! strange, same params with USD5000 starting balance and 0.02 lots but I got: 488.54 total net profit, and 56 total trades, max DD 243.09 (4.6%)

The Ghillyoar System (buying highs and selling lows)

Hi yonnie. Thanks for stopping by and gracing us with your usual solid tips in relation to grid trading. My question, you mention things like equities, how do you apply grid trading to equities (where you cannot easily sell as such like in forex but ...

The Ghillyoar System (buying highs and selling lows)

Thanks Paddy9! Good tip - adjust lot size / be conservative with lot size in relation to account size!

The Ghillyoar System (buying highs and selling lows)

Thanks

The Ghillyoar System (buying highs and selling lows)

Which pair was this for?

The Ghillyoar System (buying highs and selling lows)

Many thanks for the feedback and tips mtako!

The Ghillyoar System (buying highs and selling lows)

Hi mtako. Thanks for your feedback. I agree the period of testing is too small. It was just a quick test (as I am using 'every tick' mode which can be painfully slow for long periods), and the EU and GU were trending similarly during that period ...

The Ghillyoar System (buying highs and selling lows)

Something that baffles me! Did a quick backtest using MT4 strategy tester (I know it's not completely reliable) using the following settings (Tradesize=0.05, ExitProfit=20, TargetStep=50, MaMethod=1) on USD5000 starting balance, on GBPUSD, USDCAD ...

The Ghillyoar System (buying highs and selling lows)

Hi fxtrue, firstly thanks for the attached EA. Just an observation, I think the EA, in terms of pips calculation etc. does not appear to work accurately with Yen pairs. When it is attached to say USDJYP, the sell bench or buy bench instead of being ...

The Ghillyoar System (buying highs and selling lows)

Hi Paddy9 (if you still bother to read this thread), thanks for sharing your strategy. A quick back test shows it's got legs. Just a case of finding the optimal settings in terms of target step, exit profit and possibly the pips added/subtracted ...

The Ghillyoar System (buying highs and selling lows)

Exit strategy? Close half of your position at a specified TP. Trail the other half by specified number of pips until the market takes you out.

The Ghillyoar System (buying highs and selling lows)

Many thanks MaPi. Much appreciated! Would try not to bother you with too many questions, I appreciate everyone's time is precious

Free Grid EA Ikarus - From zero to hero

I can't see the answers to questions 2 to 7

Free Grid EA Ikarus - From zero to hero