Grid Trading

thread: Grid Trading

  1. #1
    Member
    70

    Grid Trading

    That I have difficulty although this is a specific trading platform per-se.

    Please correct me if I am mistaken.

    Grid trading sets quite a few buystops and market stops above/below the current price all with takeprofits of 10 pips. As the price moves down or up, the buy/sell stops are struck alongside their takeprofits. This system seems to do best when there's a solid breakout or substantially strong trend forming.

    What I really don't understand is what the several grids do when the price goes in the opposite direction, are the conflicting transactions corrected somehow to offset the floating losses?

  2. #2
    Junior Member Melmelada81's Avatar
    16
    Here is Your EA. The system is designed to take normal profits (every x pips), or to simply take profit in the very first reverse tick (If one transaction strikes the SL). In 6 month backtesting, I go from 10k to 40k, so there is guarantee in this system. document
    is the EA with the exact same logic as here: https://www.cliqforex.com/general-fo...-studying.html

  3. #3
    Junior Member braulio_69's Avatar
    1
    Dear,
    Thank you for your enormous contribution to this forum. Thanks to other contributors also

    The Gridtrader is a potentially good system, however, upon back testing and demo trading, I found the trailing stop loss operates separately from from another in traces of trades.
    This then causes the hedged position then retrace back to stop loss eating up profit that accrued in the profitable position closed by path stop.

    Can it be feasible to use a worldwide close for all opened postions that if a position is closed, all other opened postions on the pair (buy sell) are closed as well. (Just like a martingale system that uses just one close for all positions)

    This helps to control excessive losses on trades that may still be opened if not closed together.
    Thank you in anticipation of your review.
    Bravo!!! to RR.

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