Social Trading Showing off my Grid Fusion's latest trade ;)

whisquer

Forex Eminence
I'd like to reach out to all the GF experienced traders on this forum to consult on this

I've been forward-testing on demo and experimenting with the following set-up, all EURUSD since Sept 2020:

BUY GRIDS
Everything on M15 timeframe
1st Grid - Standalone, Starts at 0.02, steps up at 0.01
2nd Grid - Linked to 1st Grid, Starts at 0.02, steps up at 0.01, triggers when 1st Buy Grid hits 5 open trades
3rd Grid - Linked to 2nd Grid, Starts at 0.5, steps up at 0.5, triggers when 2nd Buy Grid hits 5 open trades

SELL GRIDS
Everything on M15 timeframe
Mirrors the exact setup in BUY Grids above.

This set up has survived the full elections (untouched throughout), announcements of Covid related news (e.g. bad numbers, vaccines etc.)

I've basically not had to touch it at all. DD is maxed at 1.5% throughout (might have something to do with my deposits) but to-date performance is 'triffic' (by my standards):

2020-11-19 12_27_41-beeks - 38.76.17.138_5929 - Remote Desktop Connection.jpg

I'm thinking - when do I actually need to intervene? I haven't had to all this time. And this thing is like a miner - keeps chugging away generating profits. Especially when there's turbulence in the markets - profits can hit $100-300 per day. What's the catch? There must be one...

At the cusp of going live, full-time on this one, would like to figure out the 'gotchas'. Max grid I've seen is around 13-14 orders. But as you can see even this didn't move my DD levels (all demo monopoly monies I get it :))

Please let me know and save this soul ;)
whisquer
 

Solar

Forex Intern
Hi @whisquer
Some pretty nice numbers you have up there (y)

As am I sure you know by now, that is the beauty of a "non-black box" EA :)....there is no catch as far as the EA goes....it just does what it says it does....and you can see it....there is no abracadabra....it's simplicity can be a bit deceiving :D...but it's really just scalping + closing baskets all day long, day in, day out :)
In my personal view, it's ALL ABOUT THE MONEY MANGEMENT...if you get everything wrong, but get the MM right, you will be alright.
The key is to establish what will happen on a worst case scenario, and how many funds you should have to endure it.
As a rule of thumb....I like to simulate the trend going 1,000 pips against me as a starting point.
How many grids will I be running? If they are linked, what is the space of the trigger, and the gaps I've set it to?
If you would have 3 grids in this example...
The first one will have 1,000 pips against it
The second linked (assuming a trigger of 6 and 20 pip gaps) could potentially have 900 pips against it
And a third with the same settings 800 pips against it
So I would plan to have enough funds to cover 2,700 pips against me.
Does this happen in real life with EURUSD?....very unlikely....but I'd rather plan for a doomsday scenario...it helps me sleep :)
In reality, grid 2 and 3, will usually close quite a few times on your way to 1,000 so even if you would hit 1,000....the most likely case is that grids 2 + 3 will be closing many many many times over and by the time you reach 1,000 you would have 1 large grid, plus 2 smaller ones....200 + 300 pips.
In addition to this...you would also have some grids running on the opposite direction which creates a natural hedge. You can keep those profits of course, but you also have the option to use those profits to close positions on your larger grid to make the closing easier.

About intervening...I couldn't find the gap you are using, so I can't say if M15 is too aggressive. I like to use a gap of 15 pips, and depending on the day...I will go ahead and bring it down to M1, M5, M15 if I want to "create more action"....but I have left up to 8 grids running on H1 and didn't touch them for months....and after all the profit I've made....I could literally just leave like this running till the end of time.

Hope this helps (y)
 

Cycletrader

Forex Tourist
I'd like to reach out to all the GF experienced traders on this forum to consult on this

I've been forward-testing on demo and experimenting with the following set-up, all EURUSD since Sept 2020:

BUY GRIDS
Everything on M15 timeframe
1st Grid - Standalone, Starts at 0.02, steps up at 0.01
2nd Grid - Linked to 1st Grid, Starts at 0.02, steps up at 0.01, triggers when 1st Buy Grid hits 5 open trades
3rd Grid - Linked to 2nd Grid, Starts at 0.5, steps up at 0.5, triggers when 2nd Buy Grid hits 5 open trades

SELL GRIDS
Everything on M15 timeframe
Mirrors the exact setup in BUY Grids above.

This set up has survived the full elections (untouched throughout), announcements of Covid related news (e.g. bad numbers, vaccines etc.)

I've basically not had to touch it at all. DD is maxed at 1.5% throughout (might have something to do with my deposits) but to-date performance is 'triffic' (by my standards):

View attachment 1111

I'm thinking - when do I actually need to intervene? I haven't had to all this time. And this thing is like a miner - keeps chugging away generating profits. Especially when there's turbulence in the markets - profits can hit $100-300 per day. What's the catch? There must be one...

At the cusp of going live, full-time on this one, would like to figure out the 'gotchas'. Max grid I've seen is around 13-14 orders. But as you can see even this didn't move my DD levels (all demo monopoly monies I get it :))

Please let me know and save this soul ;)
whisquer
Hey @whisquer
Even though there are many reasons why EURUSD fits like a glove with GF....that doesn't mean other pairs aren't just as good.
USDCHF trades in a range of about 1,200....nothing is set in stone of course....but historically, since it left the Euro peg...it trades in this 1200 pip range....so it has this "safety mechanism" built in if you will.
I wrote about this some time ago if you want to check it out:
Maybe a good idea for you as well @Solar ;)
 

Sharkman

Forex College Student
Everything on M15 timeframe
1st Grid - Standalone, Starts at 0.02, steps up at 0.01
2nd Grid - Linked to 1st Grid, Starts at 0.02, steps up at 0.01, triggers when 1st Buy Grid hits 5 open trades
3rd Grid - Linked to 2nd Grid, Starts at 0.5, steps up at 0.5, triggers when 2nd Buy Grid hits 5 open trades
Question...about your third grid...is that a typo? You start with 0.5 lots? Increase of 0.5? Did you mean 0.05 perhaps?
If it is 0.5 that is very risky in my opinion :eek:
 

whisquer

Forex Eminence
Question...about your third grid...is that a typo? You start with 0.5 lots? Increase of 0.5? Did you mean 0.05 perhaps?
If it is 0.5 that is very risky in my opinion :eek:
I took on board what someone else on this forum had provided me with guidance on. At that time I read that by the time the third grid is activated, you would be very near retracement time. In my demo experience right through the recent presidential elections, so it has proved. The guidance was also that this is where one could go with bigger lots. Clearly it won't survive a 1000 pip runaway as described by @Solar but a more normal runaway isn't necessarily a problem especially if you have the ability to drip monies in where necessary. But I get the point thanks!
 

whisquer

Forex Eminence
Hi @whisquer
Some pretty nice numbers you have up there (y)

As am I sure you know by now, that is the beauty of a "non-black box" EA :)....there is no catch as far as the EA goes....it just does what it says it does....and you can see it....there is no abracadabra....it's simplicity can be a bit deceiving :D...but it's really just scalping + closing baskets all day long, day in, day out :)
In my personal view, it's ALL ABOUT THE MONEY MANGEMENT...if you get everything wrong, but get the MM right, you will be alright.
The key is to establish what will happen on a worst case scenario, and how many funds you should have to endure it.
As a rule of thumb....I like to simulate the trend going 1,000 pips against me as a starting point.
How many grids will I be running? If they are linked, what is the space of the trigger, and the gaps I've set it to?
If you would have 3 grids in this example...
The first one will have 1,000 pips against it
The second linked (assuming a trigger of 6 and 20 pip gaps) could potentially have 900 pips against it
And a third with the same settings 800 pips against it
So I would plan to have enough funds to cover 2,700 pips against me.
Does this happen in real life with EURUSD?....very unlikely....but I'd rather plan for a doomsday scenario...it helps me sleep :)
In reality, grid 2 and 3, will usually close quite a few times on your way to 1,000 so even if you would hit 1,000....the most likely case is that grids 2 + 3 will be closing many many many times over and by the time you reach 1,000 you would have 1 large grid, plus 2 smaller ones....200 + 300 pips.
In addition to this...you would also have some grids running on the opposite direction which creates a natural hedge. You can keep those profits of course, but you also have the option to use those profits to close positions on your larger grid to make the closing easier.

About intervening...I couldn't find the gap you are using, so I can't say if M15 is too aggressive. I like to use a gap of 15 pips, and depending on the day...I will go ahead and bring it down to M1, M5, M15 if I want to "create more action"....but I have left up to 8 grids running on H1 and didn't touch them for months....and after all the profit I've made....I could literally just leave like this running till the end of time.

Hope this helps (y)
Thanks @Solar, these types of analyses always help put things in perspective 👍👍👍
 

Sharkman

Forex College Student
I took on board what someone else on this forum had provided me with guidance on. At that time I read that by the time the third grid is activated, you would be very near retracement time. In my demo experience right through the recent presidential elections, so it has proved. The guidance was also that this is where one could go with bigger lots. Clearly it won't survive a 1000 pip runaway as described by @Solar but a more normal runaway isn't necessarily a problem especially if you have the ability to drip monies in where necessary. But I get the point thanks!
That's one way of putting it.
Another way of putting it is....you have bigger balls than me ;)
At that time I read that by the time the third grid is activated, you would be very near retracement time. In my demo experience right through the recent presidential elections, so it has proved. The guidance was also that this is where one could go with bigger lots.
So if you think about it....the whole set up you have going is basically for the third grid.
You can nickel and dime the first 2 grids, but it's the third (with the lowest risk) that you make a killing....but then you took it to a next level with 0.5 :D
I have to say, this is not the first time that I'm presented with a Grid Fusion approach that makes me feel "I've left money on the table"...this for sure does.
We all learn from each other, and I am glad you've planted this idea in my head :)
I'll toy around with is, focusing on what my lot size should be for the third grid...after this chat, for sure it will increase...I have it at 0.04 increments of 0.02.
 

Horse Trader

Forex College Student
That's one way of putting it.
Another way of putting it is....you have bigger balls than me ;)

So if you think about it....the whole set up you have going is basically for the third grid.
You can nickel and dime the first 2 grids, but it's the third (with the lowest risk) that you make a killing....but then you took it to a next level with 0.5 :D
I have to say, this is not the first time that I'm presented with a Grid Fusion approach that makes me feel "I've left money on the table"...this for sure does.
We all learn from each other, and I am glad you've planted this idea in my head :)
I'll toy around with is, focusing on what my lot size should be for the third grid...after this chat, for sure it will increase...I have it at 0.04 increments of 0.02.
Worth a look, I also keep it small on the last grid
 
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