Page 2 of 2 FirstFirst 12
Results 11 to 15 of 15
 0 Attachment(s)    

Thread: Forex GridBot

  1. #11
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

    Default

    start 18

    finish 3

    -30

    0.01 trading both gbpjpy and usdjpy only 1hour time frame.

    If you want to trade 0.1 lots then change -30 to -300


    Quote Originally Posted by Mac109 View Post
    What settings/hours are you using to avoid losing trades? I've tried quite a few things, but at the EndTime, no matter where it's set, there are open negative trades that get closed for losses.

  2. #12
    Member
    Join Date
    Jun 2009
    Location
    Los Angeles, CA
    Posts
    34

    Default

    As for gridbot, it has been good in my forward tests to date, i have not had a losing trade, in my backtests it was good also, i found that the defult trading hours were not good, so i optimized it to give me the best trading hours and so far it is doing vey well, see what happens in a month.

    Trading with 0.01 lots i have been making around $50 a day, hope that continues, so far very little DD
    I've been demo trading with .01 lots too, but even with extending the EndTime, I can't understand how you're getting $50 per day, since each trade is only 19 pips, so a winning trade would be $1.90. That means you'd have to get 26 winning trades from only 2 pairs, ie: about 13 trades each.

    I've never seen that many trades from those pairs yet. I've been testing 10 pairs and they don't get that many trades either. What's your MaxGridOrders set to? And what are your trading times?

    Thanks!

  3. #13
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

    Default

    My exact money vaires, when i said $50 a day that was on average i am no talking exact here and i am not talking about every single day only on its trading days. I am not sure why this is or not. Trading on thursday produced in profit a little over $40. Why or how i dont know, i just leave it running on my VPS and pretty much forget about it, i dont know how it works or what it is doing.

    It has not put on any trades on friday so far. when it does trade however that is what i have been making on average, so i will so how it goes over the next few weeks, maybe i have been lucky time will tell, i posted my hours in the post above!

    Quote Originally Posted by Mac109 View Post
    I've been demo trading with .01 lots too, but even with extending the EndTime, I can't understand how you're getting $50 per day, since each trade is only 19 pips, so a winning trade would be $1.90. That means you'd have to get 26 winning trades from only 2 pairs, ie: about 13 trades each.

    I've never seen that many trades from those pairs yet. I've been testing 10 pairs and they don't get that many trades either. What's your MaxGridOrders set to? And what are your trading times?

    Thanks!

  4. #14

    Lightbulb Forex Gridbot

    Have anybody tried this one?

    they say that offer multiple currency trading , is that possible?

    Bests


    D

  5. #15
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

    Default

    i use it and it can not be traded using mutilple currency properly that is. Well you can trade other pairs however in my forward and backtests it is not wise as you will probably lose more than you win.

    The best pair to trade in my foward and backtests are usdjpy 1h only, even though they trade on there website gbpjpy 1h go figure!

    Quote Originally Posted by deltaoffshore View Post
    Have anybody tried this one?

    they say that offer multiple currency trading , is that possible?

    Bests


    D

Similar Threads

  1. Replies: 0
    Last Post: 08-05-2015, 05:05
  2. Forex Watchers EURUSD Forex Forecast (Updated Daily)
    By forexwatchers in forum Technical analysis
    Replies: 20
    Last Post: 05-25-2011, 06:56
  3. Free Forex Trading Strategies Daily from Asia Forex Mentor
    By asiaforexmentor in forum Trading discussion
    Replies: 5
    Last Post: 02-22-2011, 11:38

Tags for this Thread

average, change, currency trading, demo, eas, forex, gbpjpy, grid, grid ea, offer, profit, support, time, trading

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •