Forex Grid Trader EA [FX Clearing] (By FxGridTraderEA)
The user has deleted this system.
Forex Grid Trader EA [FX Clearing] Discussion
Member Since Dec 08, 2010
140 posts
Jul 04, 2012 at 19:25
The drawdown here right now is less than 1% (i mean equity/balance). On my demo account (https://www.myfxbook.com/members/leverconsult/fgt/338413),its about 5%!
I use default settings with 0.01 just like the FGT guys claim they use
Why are they having that very low dd with the freefall on GBPUSD today?!😱
Or am i getting something wrong?
I use default settings with 0.01 just like the FGT guys claim they use
Why are they having that very low dd with the freefall on GBPUSD today?!😱
Or am i getting something wrong?
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
Member Since Jul 02, 2012
127 posts
Jul 04, 2012 at 20:15
I really wouldn't know about whether the drawdown issue is true. But I will start conservatively. I must say I feel as though trading at 0.01 or 0.02 is too low for an account of $40,000 but hey, I guess we'll just have to go with the author of the system on this one. I guess you should demo the riskier settings and see how it goes then. I would have demoed riskier settings as well but unfortunately my vps provider only allows for one mt4 account to run on.
Member Since Dec 08, 2010
140 posts
Jul 04, 2012 at 21:04
The account is in cents i guess. That should be $400 not $40000
Maybe the fgt guys will have some explanation
Maybe the fgt guys will have some explanation
Courage is not the absence of fear,but rather the judgement that something else is more important than fear
Member Since Apr 26, 2012
50 posts
Jul 06, 2012 at 07:08
Hello,
If you start with 0.02, it will double the risk and profit. Also, if you start with 0.01 on a 25000 its the same as starting at 0.02 on a 50000 account.
Thanks,
FGT support
If you start with 0.02, it will double the risk and profit. Also, if you start with 0.01 on a 25000 its the same as starting at 0.02 on a 50000 account.
Thanks,
FGT support
zyrt posted:
Also, do you know if I start 0,02 and not 0,01, if I only 'double' the risk? So double DD, double profit?
And if starting 25000 with 0,01 is the same as starting 50000 at 0,02 ?
Thanks !
"Slow and steady wins the race!" [] Please do not over leverage or overtrade your account with heavy lotsizes
Member Since Nov 23, 2011
34 posts
Jul 06, 2012 at 15:41
I havent bought this EA yet but it seems very interesting. From experience it's always better to trade the lowest lot size possible to get the best results and ride the market if it goes against you. Question.... Do you have to have a hedging account for this to work? Has anyone considered getting rebates for their trades?
Regards,
Sean
Regards,
Sean
#BaseHits Lead to Runs!!!
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Jul 09, 2012 at 15:18
(edited Jul 09, 2012 at 15:18)
zirt ,wich one would you use to make hi quick profit ,envy tor gridtrader?
Member Since Apr 26, 2012
50 posts
Jul 09, 2012 at 17:14
The EA will manage the trades even if it disconnects, it will not open new trade though.
zyrt posted:
EA vendor please LOOK THE ATTACH do something !! EA disconnects sometimes !!! this is very dangerous !! Please make an update with even in case of disconnection it still manages the trade !!
"Slow and steady wins the race!" [] Please do not over leverage or overtrade your account with heavy lotsizes
Member Since Nov 23, 2011
34 posts
Jul 09, 2012 at 18:30
Why is it disconnecting?
#BaseHits Lead to Runs!!!
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Jul 09, 2012 at 21:09
so what is the solution if it disconnects and is not trading again + few open trades left?
FxGridTraderEA posted:
The EA will manage the trades even if it disconnects, it will not open new trade though.
zyrt posted:
EA vendor please LOOK THE ATTACH do something !! EA disconnects sometimes !!! this is very dangerous !! Please make an update with even in case of disconnection it still manages the trade !!
forex_trader_29148
Member Since Feb 11, 2011
1916 posts
Jul 09, 2012 at 21:12
(edited Jul 09, 2012 at 21:16)
you can check my new live acc at trading point ,hope for the best,the start was with envy but changed my mind and switched with grid,that explains the few closed trades with FE
