I`ve built an EA like this over ten years ago and when the market explodes to one direction (and it will), you end up stuck with dozens of opened orders forever waiting for the pull back. This kind of strategy only works if you set a limit where you get out no matter what. Spread and execution problems (yea kids, forget about your demo/illusion account) make things even harder. But despite all that I like grid strategies.
Yes you are right. I have been trading it for 14 years now - you need trading skills to read the market and select the right currencies and spread your risk trading a balanced portfolio of currencies and different settings
A market going up isn't a failed bot you made money... A bot going down too far should have a stop loss set. Not that difficult. Grid bots aren't something you want to run forever. It's a strategic tool for certain market conditions
@@Expert4x I was expecting you to mention it in the video (how to deal with breakouts). Months of successful deals (and in most cases the whole accounts) are constantly being erased by strong trends. It is typically just one major news, that happens when market is active, but you are asleep. I understand that reading the market is a whole different subject, but could you please explain how do you set your stop loss for the occasion when the pair breaks out of your range if you do actually use any.
All trending markets have pullbacks. That's when you should liquidate all positions. I.e., let's say the market is trending bullish and you hit (5) back-to-back grid points to the upside without retracement. You now have 5 longs that made 100 pips each, but also have 5 shorts dangling with unrealized loss. As soon as you get a pullback down one grid, you just liquidate everything. Your last (6th) buy will break even with the last (6th) sell, your 5th sell will break even, and so you end up closing 5 buys in the money and 4 sells out of the money. You still net +100 pips (or whatever the grid size is), minus the overnight charges for intraday trading. Not super profitable, but you clear the table with a small profit. So you could program the EA to stop amassing new positions if you have 5 straight moves to the upside (or downside). Or for however many in a row you think is reasonable, adjusting your position sizing accordingly. Granted, there's still risk of continued move without retracement, so you have to study the pair to see how many grid points it can cover on a strong move without retracements. Probably should avoid volatile pairs like GBP/JPY, or USD/SEK, etc. If the pair has a retracement 9/10 times within (x) number of grids in strongly trending market, set up an ejection stop loss. That is, liquidate everything on the n-th consecutive move with equal buy/sell ratio, your only loss is overnight charges. If this happens rarely enough, you'll still be ahead. Wait until the market calms its tïtties down and runs out of steam for the trend, then jump in the game again to profit in the ranging market.
The maths for this only works if the market reverses within 2 grids - if it continues in athe same direction for 3 or more grids the open trades outweigh the cash ins
I start to think those who are profitable in the market are the ones who pick 2 sides of the coin systematically, rather than analyzing how the gravity and the wind turbulence would affect the spinning coin in the air to predict which side of the coin will occur on the table
Grid trading is a textbook example of a martingale trading strategy. This means, that the strategy increases risk and leverage with increasing losses (unless a stop-loss has been hit). It’s similar in nature to the well-known example of the roulette betting strategy - always bet on one color and if you lose, double up your bet until you win again (or until you get broke). in the long run this will blow up your account, all it takes is a market change with big highs or lows and you're screwed. If it really works well, just show a week of "live" trading with this system.
This is only an introduction to basic grid trading. No, it is not Martingale at all due to the wavey nature of the market - there are some variables that give traders risk control such as the variable and dynamic gap sizing, portfolio hedging, low volatility currency selection, and variable position sizing, one-directional trading etc. This EA has been around for more than 10 years so have become very sophisticated.
@@Expert4x Hi, If it is true it performed well over 10 year please show me any MT4 backtest lasting 10 years on any pairs you like more. I think that adding more and more positions opened without a stop loss, at first big unpredictable market move, you blow up your account. You constantly increase you exposition to the market, leaving less and less space to open new trades. And now or late, it will arrive a moment where you get stuck with 200-300 opened positions, and you won't be able to open more, even if the floating balance is not loosing too much, because of the missing margin. Game over! The more the opened trades, the more the probability that a short move in the wrong direction can lead to a big loss and a margin call. Am I wrong? How much % do you risk on any single order? 0.1%? What does happen when the price swings around a buy/sell level? You would be constantly opening and closing position, every time loosing the spread...right? Thanks.
@@Expert4x It won't work and the plain fact you promote it and persist it works, is proof you're NOT a real trader. Real traders KNOW it doesn't work. You're just another charlatan full of BS.
Its amazing i was just trying to make a similar strategy last week and i now chanced upon fhis video. This excites me. Need to study this in mire detail.
i couldn't understand why you are buying and selling at the same time; what is the advantage of doing that since you are just looking for reversal to make money ???
Thank you for this video! I have used grid trading with bots, and had some success. But I still needed to learn more about their usage as when the market left the defined range I lost the aforementioned success. I realize you’re not using bots but regardless i appreciate learning more and seeing a person doing it! Cheers 🎉.
Hello from Malta :) I am trading for almost 2 years but still can't understand how to use grid trading properly :) Thank you for sharing your knowledge with us.
When you hedge a position when you do you close a losing position? Getting this concept is really important to my work. I'm a grid trader but really dont understand the money method implemented starting at point 1:54 in regards to losing position. I understand the hedging position at a buy and sell starting at a level, closing when a winning position level is reached but when do you close the losing position? Wouldn't the account up in account balance but you'd always have a loser running? Really trying to understand what happened to losing trade and when to close the trade in drawdown. Some insight here would be helpful.
@@Expert4x Thanks for the quick reply. I think I got it. So essentially when 2 have positive positions in any one direction. The first is a hedge. The second is opened at the second level (only in the same direction) and the third level is the close for three in a row. 2 in the positive profit. 1 in drawdown. Worst case scenario you’re looking at a range of three open positions and the forth you’ll make profit on it. Repeat. Thank you. This is really useful.
@@Expert4x Thanks for your reply. I will try this strategy in coming days in Index options. I appreciate your dedication and respecting everyones queries and answering them even after long time of posting video!❤
Sorry I didn't quite understand the part how do you exit all the trades to finalise your profit if it keeps activate buy&sell order when it hits the nxt grid? Aren't they will always be opened trades on the losses side if you didn't set SLs but only TPs? Just how much funding you need to keeps all these open trades.
ADR would include those news spikes and so on to average. Using that to calculate grid gap is an issue right ? i.e if you are going to use EA in consolidating market on no news events then the gaps should not include news range correct ?
Grid , hedging , martingale all are shortcuts of Trading profits , these are not true knowledge this is all "try it may be it work for you" , true knowledge is Understand the Market and then Prepare to enter in the Trade with confidence and you must know you can repeat that profit trade again n again because you know what you are doing in market and you know where to Exit . I really love to do Grid , hedge and martingale in Demo trading , its really Fun . very very attractive .
Please use this link to see actual trading success:- forextrading-alerts.com/ where traders are trading over $10 million using real money using those concepts earning over 13% per month
I have a couple of questions. I use the grid system too but I use Think or swim which the daily chart always starts at the same time. In other words, say, at 6:pm the chart will start over. I use the high and low of that 24 hour period to build my grid. I use that start and my script will calculate the high and low for that 24 hour period then devide that up into a grid starting at 0 for the low and 100 for the high and that is divided into quarters like 0, 25, 50, 75 and 100% lines. It works great knowing that yesterdays prices control what prices will do today. I do the same with fib levels based on yesterdays high and low.
Hi, I understand that you use previous day's high and low with 0 at the low. What do you do with the 6 pm start? I am not clear. Also, when you use grid with qtrs starting at low, do you follow the same logic of 1 buy and 1 sell at zero? or just buy only at zero and above and sell only below O.
@@orkayen On my charts, the new day starts at midnight central time. That is where all of the indicators reset. The software will draw all of the lines on the chart and label them. I use two monitors, one with fib levels and the other the previous days range, labeled 0 to 200 and 0 to -200. I can change these nimbers if the days range is to large. It can really cramp the chart andd make it messy. I can send you some photo's if you will give me your messenger or another way to send the photo's to you.
@@orkayen Its better if you have two monitors so you can have the previous days range on one monitor and fibs on the other monitor. Sometimes price will stop on one of the previous days numbers and other times they will stop on one of the previous days fib levels. I have custom indicators that I wrote that are very accurate too.
Thanks. My question is on the orders. Do you enter both long and short at each grid levels? when do you enter the first trade? at the 6 pm open? or at the low?
Sir, When you reach A new level if there is already A SHORT POSITION OPEN AT THAT LEVEL ALREADY, DO YOU OMIT ADDING NEW SHORT AT THIS LEVEL? --and open ONLY A NEW LONG AT THIS LEVEL? DO YOU TAKE INTO CONSIDERATION DAILY ATR/WEEKLY ATR?--otherwise there would be tons of open positions & account would blow up?--and thank you.
Major flaw in this strategy is to decide when not to close the position and wait till it is back to the original grid level to have breakeven. That decision is the only profit-making point rest all is a zero-sum game. Either we can keep on waiting till the desired breakeven is achieved or it may never be achieved so book loss.
On lateral markets it works nice... Once markets spikes and keep the tendency you start to accumulate opened positions and things get nasty. Maybe if you only open the trades into one direction you would reduce your risk by half.
If you open both a buy and sell position at the same grid levels, you would have a bunch of winning trades that are cashed out and a bunch of losing open trades. You could just close all the losing trades if you want and come out break even.
@@aldenasher8 and you also have spread and transaction costs, you can't break even. You need to have margin to keep those losing trades opened or you gonna keep losing on spread.
Thanks for the presenttation! I missed though (perhaps it's in other video), what can go wrong and how to fix it. For example what happens when price leaves the lower end of the grid and leaves you holding all the buys at higher prices. ¿🤷♂️? Whit is th way out without incurring on losses when the price stays low for ages?
@@Expert4x Is it not possible to average out buys or sells and take profit on next grid level? This way it will never leave a trade open forever. Or you can tell me how the trade will be handled by GTM when it does not hit the next grid level as a positive trade?
one thing u will take 2 deals in one grid when 1 is going up and when it tends to retrace cut 1st one and sell 2nd one and when It touches the Istanbul trade area cut the 2nd one and the candle gives you a signaled for up ward take 3rd trade for buy even for the start or till the end of the 2nd grid
In my experience, which i have a lot of, grid trading isnt a bad technique in it self but is no way an automation or a buy and hold strategy. You still have to be relatively accurate about reactive levels and keep options spreads in the forefront to understand current volatility, which is the only indicator you can use to space the grid and knowing when to tp or take a loss.
Nice idea. Just wonder,how many loosing trades until you consider to prune some of them? Since the probability of the price keep moving in one direction limitlessly. Thank you in advance.
The strategy holds SOME truth - but I personally would just day trade daily pivots and swing trade monthly pivots: trading pivots and following basic support and resistance is the win-win strategy I personally employ!
Yes - grid trading is a random strategy that requires NO supervision (Set and Forget) - Day trading take considerable experience and skill if you have that.
What do you do with trades where the price "never" returns to that grid level? Is there a certain limit where you just let a stop take it out? Even on very sideways currencies like USDCHF, there are price levels that can go years without being touched again.
@Expert4x But every currency has that potential. Again, even looking at USDCHF as an example, which, with the exception of one spike, has traded between the same range for the past 11 years, used to be in a wild decline for much of its history. It will probably never return to many of those levels. Also even within the current channel that it's trading, you have highs/lows in Jan '15, Dec '16, and Jan '21 that have yet to be touched again. Positions opened during those times would still be open, all with significant drawdown. It seems to me like you'd have to have some rule in place that says once a trade has reached X level of drawdown, just cut it. Otherwise there is no way to ensure those positions won't end up bleeding your equity into a margin call.
Price doesnt necessarily have to return to a certain grid level for to make profit...it jus has to range enough in a way that your accumulated profit surpasses your your equity drawdown
@@nyashachuma4567 exactly, but that requires cutting your losses before your drawdown exceeds those profits. Eventuality your drawdown will grow so large it doesn't make sense to continue holding it. Even if it doesn't eclipse your accumulated profit, it will eat into it unnecessarily. So again, my point is there comes a point where cutting losses makes sense. High win-rate strategies aren't all they're hyped up to be. You can make significantly more money winning just 40% of the time (for example) if you know when to cut your losses and let your winners run.
I'm going to include this strategy in my testing for about 5-10 days. Thanks for the idea. By the way, how do you divide those grids? Is there a systematic way to do it or one can simply use the grids on a respective platform?
Wow. I had come up with a strategy where if it goes up you sell and if it goes down you buy. Literal buy low sell high strat. It is profitable over history but you only realize that if the price reverts back to neutral ever. This way if you go on a tear in 1 direction at least you can scalp all the way in that direction and then liquidate on only a small reversal for an overall profit.
Awesome video, thank you! 1. I'm not clear on the "multiplier" mechanism, can you try to clarify how it works? 2. I think a standard grid bot sells as price goes up, and buys as it goes down, correct? Is this bot slightly different, placing buys and sells at each grid level? Thank you again!
1. It the trend is say 100 pips this trading strategy can cause you to cash in 300 pips as the price revisits the same price level over and over 2. Can't comment on your standard Grid system. It makes sure that there is a buy and sell trade open at grid level the price is at. That ensure a positive trade no matter what the price does
One more question please! When you looked at the end of the 79 Trades, you mentioned the losses as -100,-200,-300, etc. But wouldn’t the losses be in an uptrend for example: (1) -100 (1Sell) (2) -200+-100 (3) -300+-200+-100 Since you’re adding Sell with each step? Its not just the one Sell that is causing loss, but the new ones as well right?
Husam makes a good point. When you say "cash out", you're not specifying whether you are making, technically, 3 trades at each level AFTER the first one, which must be the case otherwise you're quickly hitting levels where there is nothing to "cash out" because you didn't open a new trade, all you're doing is double-counting. Husam's math is correct assuming you're opening new trades AND "cashing out" (e.g. there must be 3 trades at each level). I don't see how this can work.
Losers are left open , so in the end only the last couple of 5,6 orders did not hit their profit targets. The most important thing here is that this strategy wont work in strong up or down trend. You need sideways market.
Unfortunately, in US the regulators banned hedging for discretionary traders 😔 That is, they do NOT allow simultaneous long/short in the same pair. Tůrds that they are 😡 Institutions are allowed to hedge, but the little guy isn't. Go figure..
Yes US traders are being over protected by their Government - Our Robot do not work there and yet it is our biggest market - All US traders use offshore markets
Hello, good idea. The problem is when we have a strong trande. For example in this video i see 40 pips grid. What s happen if continue to go in loss at the 3rd intent? Thank you
We all know how rewarding trading can be. Meanwhile getting a good ROI is very much attainable if you know your way around it. You did a nice job here mate!
@@SkypuffxlAs I said, I was a novice when it came to trading before I got to know an astute trade analyst, Herman W Jonas, who is guiding me through the process. I put in $30k as capital spread across stocks(features, options,) and fx with his guidance and I’ve made a return of $103k within the trading span. I'm slowly but perfectly building my portfolio by putting money into the market at a consistent pace.
Contrary to conventional wisdom, you don't need to have a hefty trust fund or ultradeep pockets like mutual funds and other institutional players to start trading. I initially invested $6k, I am making a return of over $15k at the end of the trading week and reinvesting as my profits began compounding rapidly. Herman is a genius.
I’m somehow on tertiary levels but still, close to one year of constant trading with Herman as his competence is second to none. Great platform for newbies and retail traders alike.
Great ea! did you make a video where you explain the settings? I searched your channel but I didn't find it. You state to set the grid accordingly to volatility (totally agree with you!!): is it something to do manually or there is a setting where you set a multiplier of ADR/ATR? thanks a lot
You all prolly dont care at all but does someone know a way to get back into an instagram account?? I stupidly lost my password. I would appreciate any tips you can give me!
@Carlos Henry Thanks so much for your reply. I found the site thru google and im in the hacking process atm. Seems to take quite some time so I will reply here later when my account password hopefully is recovered.
This has been working great for me. Problem is that it is hard to do without automation and if it has an even number of “grid” levels you will break even. Volitile markets also cause quick losses if you can’t be in front of the monitor meaning you have to trade larger “grid” points and timeframes. Trying to pass a challenge like FTMO can be tricky due to relative open draw down limiting the size of the position as well. Definately a great system, but it is smaller profits over long time periods
@@Expert4x Is there a way that it could be adapted for this purpose? A larger grid step and finding relatively safer + less volatile pairs/instruments to trade?
Alex, I tried to go to your website but links to your products block me. It says this content not available in my country. I'm in Australia. Can you give me access?
Greetings from Germany can you please make a Video with a Manual Trading Strategy with grid trading for correlated pairs like USD/CHF - EUR/USD that would be very helpful for those who understand this concept thanks for all the content
the problem is that the market needs to go up and down regulary around the same point, if the market goes up and it stays up until eternity then you have a huge problem.
Thanks a lot Sir for sharing...very useful and valuable...I am new to forex...need your advise whether other forex grid robot also able to set buy and sell on the same grid line, or is it only GTM bot able to do exactly as you are sharing here or any bot supporting grid able to do it as well..Thanks for sharing
Buy and sell at starting point means: you are at net 0 position regardless of whether the market moves ( up or down) you will still be at 0 position. So, at the first level you will cash in Nothing, no matter which way. .... This strategy seems rather silly to me. Am I missing something ?
@@Expert4x True, I have not tried, nonetheless the fact that I have not tried it does not disprove my point. Let me give you another example. Say you long 50k USD/JPY and short USD/JPY in another account that you also own. Using steps of 200pips, after USD/JPY moves up 200 pips. you suggest to sell the long 50k of USD/CAD to profit 200pips, and to shortl another 50k and long another 50k. At this point you are net 50k long and 100k short.... if it keeps going up, you are net 50k short.... Makes no sense to me. What Am I missing ?
Dear Sir, Yes, the strategy seems silly, BUT on second thought, it DOES WORK WELL well on underlines that have a tendency to retrace. Many thanks for making me reflect. The strategy has merit ! @@Expert4x
hope u would see my comment , it is a very nice idea till I passed through chart to notice that impulsive waves doesn't respect always the correction of 50% Fibonacci every time as u showed in your explanation so it would be a very long trade deal and will take a year ,maybe more and maybe less in order to fulfill the deal and gain your profits
I would suggest to add to EA settings "open price" feature. Current EA opens first buy/sell when it is launched. It can be unlucky launch where good trades closures are missed. I wud like it to start at definite price which gonna give much higher probability to have more closed trades.
Correction. I put my definition in a wrong way. not more trades but rather less risk. You can have no more than 4 cash ins maximum, for example, in buy trades before price moves in the sell direction if you start the grid at definite price. But move the same grid just 10 pips from that start price and you gonna have up to 10 cash ins in buys which puts your ballance at huge risk
Currently working on a Grid System. I Turned my back on entry point determination, stop loss calculations and over-analyzing. Turnes out a good hedging strategy and position size adjustemts are the way to go for me.
Indeed. I'm still experimenting but Backtesting seems promising so far. Any tips on how to mitigate drawbacks? As of now I just close all losing positions and forbid opening new positions when the price leaves the range until a new one is established. Am I onto something there or is there a better way? I'm still experimenting with different indicators to determine a range. Any thoughts on that? Any specific indicator I should look into? Thanks for taking the time. It's appreciated, really.
@@kaziahsan_habib the grid system? nah not really but it's superb to benchmark some technical approaches and hedging strategies. The grid itself just spits out 50/50
Sorry but I see your algebra is not correct. Say your fist example from point (A) upwards to (B) then downwards to (C): At point C you have cashed in two deals but you have now four deals open (total 6 opened then two closed). Thus the net profit of two deals is meaningless unless you close all current deals. The open positions will build up as 6-2 = 4 then 8-3 = 5 then 10-4 = 6 and so on. This is because at every point you open two deals but close 1. If these open positions are buy/sell then you may tolerate but soon your account will blow up.
@@Expert4x you are saying one buy and one sell per level. To me this means two deals per level. But you cash in one per level. so one deal stays open per level building up as long as you don't close them.
@@kakhavalyou are correct, opening a buy + sell = opening 2 positions (as a position can either be long or short), if you are to open 2 positions for every 1 close, then you will, by necessity, have more open positions than closed, the longer you do it, the more open positions you wil have
Yes this is an educationally introduction - make sure you are subscribed as there will be a flood of new videos that month. The next video shows how 300% was made - on charts showing the trading
The thing that we need to think about carefully is how much money we have, because if it goes up or down fastly we will need more margin in order to continue buy&sell, which technique you use for this problem?
Thanks for sharing. Very excited about this EA. Just one question, would different timeframe used affects the trading results or the EA simply don't rely on the timeframe used and it will work the same way no matter what timeframe we use?
@@itdoesanimation - Expert Advisor. Automated trading using MetaTrader 4 or 5, or any number of other available software. Most brokers integrate some manner of such software into their platform. But you gotta learn how to program it. It's worth learning how to do it. Or you can pay someone to write a program according to your specs (so-called "quants").
Great video! Thank you for the detailed information provided. I'm a bit worried about the commissions if the bot makes that high amount of trades. Could you recommend a good platform with low brokerage? thanks a lot
What I have observed and I am testing is looking at the total loss of a strategy and drawdown to hedge the positions based on the average drawdown and losses.
I am automatically SKEPTICAL when i see that video description claiming this is 100% success ..which is just not possible even for the most advanced algorithms
Grid is good for ranging markets but i am a little stuck here i drawn this on a peace of paper and I come up with plus minus zero for every open position we have a close but also an open unless we dont open a sell and a buy for every grid target.. did I missunderstand this?
Thank you for taking the time to share your experience with the grid strategy. It's always valuable to hear different perspectives and insights. Keep up the great work and keep learning - you're on the right track!
Hi Alex! Thanks for the info You say at 12:55 : "Plug and Play version: The currencies are already selected and the Gap size are already selected" Do you mean that the EA will trade automatically in the background? Meaning we only need to load it on one chart (any chart) and then just leave it as is? Then it will trade on its own and select currencies and gaps in the background? So we don't need to say load it on other chart? By contrast with previous version where you show the process of loading on 12 charts using the same template (from this vid: ruclips.net/video/AUcDejSjInk/видео.html)? I have bought it and successfully loaded it on the chart. But since there are no inputs for currencies and the Preset Selection [aggressive-balanced-conservative], could you confirm we only need to load it on one single chart. It is confusing info compared to the "Learn How to activate 12 Grid Trend Multiplier trading robots & enter 24 trades in 20 minutes" video info. Do all chart must be opened and the GTM loaded on each of them? Or does just one chart need to be opened and a single GTM loaded on it for it to automatically run 'in the background' for the other currencies? Or something else? Please clear the confusion. Thanks.
The EA can only trade one currency on one chart. So if you what to trade 12 currencies you still need 12 charts. You can select any one of the suggested currency using the EA on any chart.
@@Expert4x Thanks for the answer. How do I know what the suggested currencies are, since there's no more inputs? How do I enable the Preset Selection [aggressive-balanced-conservative], since there's no more inputs in my version? Do I have the correct EA version? Please clear the confusion. Thanks.
Please make a short demo video for the latest version 5.2.0 showcasing how to set every required inputs correctly. As of now it is very confusing not seeing any inputs for the currencies and no inputs for the Preset Selection [aggressive-balanced-conservative] in version 5.2.0. One need to guess what to do. Or assume we got the wrong version. Please make the video as I cannot use the GTM 5.2.0 as of now since it is not possible to set the currencies and the Preset Selection [aggressive-balanced-conservative]. Thanks.
This sounds crazy. The transaction costs will eat you alive. There is no guarantee that prices will bounce between grid levels more or less sideways. Time decay ensures you don’t break even when you cash out your neutral positions. Executing this would be a nightmare.
The system is 12 years old and deals with all of that. Only from trading it can you experience it strength. Especially when you use flexible grid sizing techniques
Alex! You are a great forex trader! But sometimes overlook important things. Why are you counting negative transaction once? Obviously there are more which you don't count. For example you have two buy order at the top of the chart which don't close as the price reverses. So, only these two trades have a loss of 1000 pips. According to my calculation you have an additional 1600 loss. So your loss is 3700 pips not 2100 pips.
@@ji3200 don't focus in the amount. Focus in the % over the balance. Then diversify. If the system is good the account will grow and you will be able to increase the lots.
yeah but the problem comes when it goes against you buying and buying lots then it is when it keeps you each time far from your break even point, making you wait days or even weeks until it gets back to the delta
Thus, it will keep buy and buy EURO's that i can use in the store. Or buying and buying the petro-dollar that is concidered a safe haven. OMG, the horror !!! (Gametheory is a thing, maybe learn that first before trying to trade. Would come handy with your descision taking)
Isn’t too good to be real? I mean... it should have flaws ? If not... this is like a golden eggs chicken :O. I should try by myself in order to double check it. Sorry, I’m hard to impress until I do my own research on it,but always I would give you the credits.
This proves the old rule: Money won in the casino is borrowed, not won. This is also the case of insuring against an unlikely hurricane, and clipping premiums. Here the hurricane is the market exploding and going one way, jumping over several grid points at once, and you cannot get in or out. Then you lose massively all the previous gains.
Only if one knew clearly the boundaries of the market, it will work the best. However market would punish you soon on a single buying higher and a single selling lower. .
I still dont understand about 1st example Buy sell going up 1 grid and open buysell again, then going down 1 grid B/S up 1 grid it's mean B +1 S -1 right? N go down 1 grid B -1 S+1 Its that breakevent? Why we have gain 1?
I tested with 2 binance bot in futures with 2 accounts, same parameters in each grid, one short, one long, 20x leverage. The problem there is the bot which "LOSS" loss MORE than the one which WIN - And the result is NEGATIVE, there is where is the problem... Do you think is the LEVERAGE the problem?
@@Expert4x I have x20 MAX for the moment and I did with this setting. I will try with LYKKE - a 0 taxes fee EXCHANGE, I'm continuing to make the simulator in EXCEL.
really unable to find why we are doing the opposite trade on each level. We can simply sell on each higher level and buy on each lower level. Please explain. Net effect is same. and we are paying brokerage also in that process.
I thought about the same strategy but I don't think most brokers allow holding long and short position at the same time--may be for forex but not for stocks. Could you tell the broker which you use?
@@Expert4x Could you kindly mention which broker do you use. Problem with Forex brokers these days is many of them have turned out to be fraud even with regulations --problem of stopping withdrawl of money to bank account is pretty common..
Drawdown ? Your buying when it goes down. It's like saying: "But what if i'm owning the house ?". Just buy stuff that you want, like EURO's for me. So, then i have to say: "But what if i can buy my own currency back for cheap ?" Thus gridtrading in a nut shell: When goes to 0, your all in. When goes to infinity your out. When it moves arround, your have most of your assets doing nothing. But a "grid-strategy" is a good starting point to understand trading an algorithms. Thus think of a grid system trading a stable coin. Then ask your self, what are the good and bad things about your strategy. Dus it for example take into account volume and time ? Just tweak this thing a bit and add some volume and time to it. Before you know, your competing with the market maker. And then will findout why "hidden-orders" exists. Good luck.
I`ve built an EA like this over ten years ago and when the market explodes to one direction (and it will), you end up stuck with dozens of opened orders forever waiting for the pull back. This kind of strategy only works if you set a limit where you get out no matter what. Spread and execution problems (yea kids, forget about your demo/illusion account) make things even harder. But despite all that I like grid strategies.
Yes you are right. I have been trading it for 14 years now - you need trading skills to read the market and select the right currencies and spread your risk trading a balanced portfolio of currencies and different settings
Or a market the always goes up in the long term ...can you think of any? And only go long
A market going up isn't a failed bot you made money... A bot going down too far should have a stop loss set. Not that difficult. Grid bots aren't something you want to run forever. It's a strategic tool for certain market conditions
@@Expert4x I was expecting you to mention it in the video (how to deal with breakouts). Months of successful deals (and in most cases the whole accounts) are constantly being erased by strong trends. It is typically just one major news, that happens when market is active, but you are asleep. I understand that reading the market is a whole different subject, but could you please explain how do you set your stop loss for the occasion when the pair breaks out of your range if you do actually use any.
All trending markets have pullbacks. That's when you should liquidate all positions.
I.e., let's say the market is trending bullish and you hit (5) back-to-back grid points to the upside without retracement. You now have 5 longs that made 100 pips each, but also have 5 shorts dangling with unrealized loss. As soon as you get a pullback down one grid, you just liquidate everything. Your last (6th) buy will break even with the last (6th) sell, your 5th sell will break even, and so you end up closing 5 buys in the money and 4 sells out of the money. You still net +100 pips (or whatever the grid size is), minus the overnight charges for intraday trading. Not super profitable, but you clear the table with a small profit.
So you could program the EA to stop amassing new positions if you have 5 straight moves to the upside (or downside). Or for however many in a row you think is reasonable, adjusting your position sizing accordingly.
Granted, there's still risk of continued move without retracement, so you have to study the pair to see how many grid points it can cover on a strong move without retracements. Probably should avoid volatile pairs like GBP/JPY, or USD/SEK, etc.
If the pair has a retracement 9/10 times within (x) number of grids in strongly trending market, set up an ejection stop loss. That is, liquidate everything on the n-th consecutive move with equal buy/sell ratio, your only loss is overnight charges.
If this happens rarely enough, you'll still be ahead. Wait until the market calms its tïtties down and runs out of steam for the trend, then jump in the game again to profit in the ranging market.
The maths for this only works if the market reverses within 2 grids - if it continues in athe same direction for 3 or more grids the open trades outweigh the cash ins
Are you sure? 18 years of trading this technique does not seem to confirm your experience
@@Expert4x 18, or 14?
I start to think those who are profitable in the market are the ones who pick 2 sides of the coin systematically, rather than analyzing how the gravity and the wind turbulence would affect the spinning coin in the air to predict which side of the coin will occur on the table
Creating order out of random chaos can be very tricky and requires a special psychology
Am also seeing that now....its the only way...the conventional ways of trading dont work anymore ...the market is just random
I have saved your " quote "!
Wonderfully said!
Grid trading is a textbook example of a martingale trading strategy. This means, that the strategy increases risk and leverage with increasing losses (unless a stop-loss has been hit). It’s similar in nature to the well-known example of the roulette betting strategy - always bet on one color and if you lose, double up your bet until you win again (or until you get broke).
in the long run this will blow up your account, all it takes is a market change with big highs or lows and you're screwed.
If it really works well, just show a week of "live" trading with this system.
This is only an introduction to basic grid trading. No, it is not Martingale at all due to the wavey nature of the market - there are some variables that give traders risk control such as the variable and dynamic gap sizing, portfolio hedging, low volatility currency selection, and variable position sizing, one-directional trading etc. This EA has been around for more than 10 years so have become very sophisticated.
@@Expert4x Hi, If it is true it performed well over 10 year please show me any MT4 backtest lasting 10 years on any pairs you like more.
I think that adding more and more positions opened without a stop loss, at first big unpredictable market move, you blow up your account.
You constantly increase you exposition to the market, leaving less and less space to open new trades.
And now or late, it will arrive a moment where you get stuck with 200-300 opened positions, and you won't be able to open more, even if the floating balance is not loosing too much, because of the missing margin. Game over!
The more the opened trades, the more the probability that a short move in the wrong direction can lead to a big loss and a margin call.
Am I wrong?
How much % do you risk on any single order? 0.1%?
What does happen when the price swings around a buy/sell level? You would be constantly opening and closing position, every time loosing the spread...right?
Thanks.
@@Expert4x It won't work and the plain fact you promote it and persist it works, is proof you're NOT a real trader. Real traders KNOW it doesn't work. You're just another charlatan full of BS.
Wake up every morning with the idea that something wonderful is possible today.
Great advice
How do you enter a buy and sell simultaneously without them cancelling each other out? ?
Most brokers allow that - don't use US brokers where hedging is not allowed
Your broker allow u to open Buy and Sell at the same time?
Most brokers do - US Brokers don't
Its amazing i was just trying to make a similar strategy last week and i now chanced upon fhis video. This excites me. Need to study this in mire detail.
You got this!
i couldn't understand why you are buying and selling at the same time; what is the advantage of doing that since you are just looking for reversal to make money ???
Yes trying to work it out in your mind will drive you crazy
Thank you for this video! I have used grid trading with bots, and had some success. But I still needed to learn more about their usage as when the market left the defined range I lost the aforementioned success. I realize you’re not using bots but regardless i appreciate learning more and seeing a person doing it! Cheers 🎉.
Thanks so much for your comment - Much appreciated. Regards Alex
Hello from Malta :)
I am trading for almost 2 years but still can't understand how to use grid trading properly :)
Thank you for sharing your knowledge with us.
My pleasure!
How do you trade both open and short positions on the same ticker
Broker allow that - but not US brokers
When you hedge a position when you do you close a losing position? Getting this concept is really important to my work. I'm a grid trader but really dont understand the money method implemented starting at point 1:54 in regards to losing position. I understand the hedging position at a buy and sell starting at a level, closing when a winning position level is reached but when do you close the losing position? Wouldn't the account up in account balance but you'd always have a loser running? Really trying to understand what happened to losing trade and when to close the trade in drawdown. Some insight here would be helpful.
You only close a losing position when all the open trades in total are positive
@@Expert4x Thanks for the quick reply. I think I got it. So essentially when 2 have positive positions in any one direction. The first is a hedge. The second is opened at the second level (only in the same direction) and the third level is the close for three in a row. 2 in the positive profit. 1 in drawdown. Worst case scenario you’re looking at a range of three open positions and the forth you’ll make profit on it. Repeat. Thank you. This is really useful.
@@J.shtracy i didnt understand this, can you please explain it more??? thanks
Great video! Explained clearly. One question can we use this for options trading? Thanks
Yes, absolutely
@@Expert4x Thanks for your reply. I will try this strategy in coming days in Index options. I appreciate your dedication and respecting everyones queries and answering them even after long time of posting video!❤
Sorry I didn't quite understand the part how do you exit all the trades to finalise your profit if it keeps activate buy&sell order when it hits the nxt grid?
Aren't they will always be opened trades on the losses side if you didn't set SLs but only TPs? Just how much funding you need to keeps all these open trades.
The best thing you can do is trade the system - that way you will understand it.
ADR would include those news spikes and so on to average. Using that to calculate grid gap is an issue right ? i.e if you are going to use EA in consolidating market on no news events then the gaps should not include news range correct ?
You need to experiment with that - this is a random market EA
Grid , hedging , martingale all are shortcuts of Trading profits , these are not true knowledge this is all "try it may be it work for you" , true knowledge is Understand the Market and then Prepare to enter in the Trade with confidence and you must know you can repeat that profit trade again n again because you know what you are doing in market and you know where to Exit .
I really love to do Grid , hedge and martingale in Demo trading , its really Fun . very very attractive .
Please use this link to see actual trading success:- forextrading-alerts.com/ where traders are trading over $10 million using real money using those concepts earning over 13% per month
I have a couple of questions. I use the grid system too but I use Think or swim which the daily chart always starts at the same time. In other words, say, at 6:pm the chart will start over. I use the high and low of that 24 hour period to build my grid. I use that start and my script will calculate the high and low for that 24 hour period then devide that up into a grid starting at 0 for the low and 100 for the high and that is divided into quarters like 0, 25, 50, 75 and 100% lines. It works great knowing that yesterdays prices control what prices will do today. I do the same with fib levels based on yesterdays high and low.
Very good. Grid trading has many, many variations. This video is merely an inrtroduction to the concept.
Hi, I understand that you use previous day's high and low with 0 at the low. What do you do with the 6 pm start? I am not clear. Also, when you use grid with qtrs starting at low, do you follow the same logic of 1 buy and 1 sell at zero? or just buy only at zero and above and sell only below O.
@@orkayen On my charts, the new day starts at midnight central time. That is where all of the indicators reset. The software will draw all of the lines on the chart and label them. I use two monitors, one with fib levels and the other the previous days range, labeled 0 to 200 and 0 to -200. I can change these nimbers if the days range is to large. It can really cramp the chart andd make it messy. I can send you some photo's if you will give me your messenger or another way to send the photo's to you.
@@orkayen Its better if you have two monitors so you can have the previous days range on one monitor and fibs on the other monitor. Sometimes price will stop on one of the previous days numbers and other times they will stop on one of the previous days fib levels. I have custom indicators that I wrote that are very accurate too.
Thanks. My question is on the orders. Do you enter both long and short at each grid levels? when do you enter the first trade? at the 6 pm open? or at the low?
I Trade with this idea manually... Great Results... Thanks Plooy Sir
You are welcome
how do you do it manually?
Hello
Hello veerji reply kro
Please veerji
Sir, When you reach A new level if there is already A SHORT POSITION OPEN AT THAT LEVEL ALREADY, DO YOU OMIT ADDING NEW SHORT AT THIS LEVEL? --and open ONLY A NEW LONG AT THIS LEVEL? DO YOU TAKE INTO CONSIDERATION DAILY ATR/WEEKLY ATR?--otherwise there would be tons of open positions & account would blow up?--and thank you.
please rewatch the video again - Yes - there should only be 1 sell and 1 buy at each level at the most
Major flaw in this strategy is to decide when not to close the position and wait till it is back to the original grid level to have breakeven. That decision is the only profit-making point rest all is a zero-sum game. Either we can keep on waiting till the desired breakeven is achieved or it may never be achieved so book loss.
It is a 100% automated system - you do not have to make decisions
How automated system can decide when to close or when to remain open? If system can predict future price move then making millions is a piece of cake.
I didn't understand when we close the orders? After one level if it is a win? And what about a loosing order?
Simple - at grid levels close profitable trades and leave negative ones open
On lateral markets it works nice... Once markets spikes and keep the tendency you start to accumulate opened positions and things get nasty. Maybe if you only open the trades into one direction you would reduce your risk by half.
Which direction would you choose - and if you are so good at choosing direction you would be a millionaire
If you open both a buy and sell position at the same grid levels, you would have a bunch of winning trades that are cashed out and a bunch of losing open trades. You could just close all the losing trades if you want and come out break even.
@@aldenasher8 and you also have spread and transaction costs, you can't break even. You need to have margin to keep those losing trades opened or you gonna keep losing on spread.
wondering if this EA is available for demo accounts for testing.
Unfortunately we do not have demo versions
Thanks for the presenttation! I missed though (perhaps it's in other video), what can go wrong and how to fix it. For example what happens when price leaves the lower end of the grid and leaves you holding all the buys at higher prices. ¿🤷♂️? Whit is th way out without incurring on losses when the price stays low for ages?
Yes that can happen and you may incur losses for awhile - the multiplier reduces those loses
@@Wasssa11 Yup. It doesnt work unless multiplier is involved doing magic behind the scene
@@Expert4x Is it not possible to average out buys or sells and take profit on next grid level? This way it will never leave a trade open forever. Or you can tell me how the trade will be handled by GTM when it does not hit the next grid level as a positive trade?
one thing u will take 2 deals in one grid when 1 is going up and when it tends to retrace cut 1st one and sell 2nd one and when It touches the Istanbul trade area cut the 2nd one and the candle gives you a signaled for up ward take 3rd trade for buy even for the start or till the end of the 2nd grid
Hi How can i buy this buy this bot. I am in australia and dont know ant thing about programming.
Thanks
Hi Unfortunately it is not for sale to Australians
@@Expert4x Which countries allow it? Any African country? just curious. Thanks
In my experience, which i have a lot of, grid trading isnt a bad technique in it self but is no way an automation or a buy and hold strategy. You still have to be relatively accurate about reactive levels and keep options spreads in the forefront to understand current volatility, which is the only indicator you can use to space the grid and knowing when to tp or take a loss.
Yes you are right
How would you calculate the right grid size for SPY?
Start with 50% of the Daily Range
@@Expert4x the 5 day atr is around 5.00.
So if SPY 5 day ATR is 5.00 use a 2.50 grid level?
Nice idea. Just wonder,how many loosing trades until you consider to prune some of them? Since the probability of the price keep moving in one direction limitlessly. Thank you in advance.
Yes the trick is to select none trending currencies like the AUDNZD or EURCHF and to use large grid sizes
@@Expert4xaround 50 to 100pip?
The strategy holds SOME truth - but I personally would just day trade daily pivots and swing trade monthly pivots: trading pivots and following basic support and resistance is the win-win strategy I personally employ!
Yes - grid trading is a random strategy that requires NO supervision (Set and Forget) - Day trading take considerable experience and skill if you have that.
What do you do with trades where the price "never" returns to that grid level? Is there a certain limit where you just let a stop take it out? Even on very sideways currencies like USDCHF, there are price levels that can go years without being touched again.
You don't select currencies that have that potential
@Expert4x But every currency has that potential. Again, even looking at USDCHF as an example, which, with the exception of one spike, has traded between the same range for the past 11 years, used to be in a wild decline for much of its history. It will probably never return to many of those levels. Also even within the current channel that it's trading, you have highs/lows in Jan '15, Dec '16, and Jan '21 that have yet to be touched again. Positions opened during those times would still be open, all with significant drawdown. It seems to me like you'd have to have some rule in place that says once a trade has reached X level of drawdown, just cut it. Otherwise there is no way to ensure those positions won't end up bleeding your equity into a margin call.
@@vascobroma8907 You're absolutely right
Price doesnt necessarily have to return to a certain grid level for to make profit...it jus has to range enough in a way that your accumulated profit surpasses your your equity drawdown
@@nyashachuma4567 exactly, but that requires cutting your losses before your drawdown exceeds those profits. Eventuality your drawdown will grow so large it doesn't make sense to continue holding it. Even if it doesn't eclipse your accumulated profit, it will eat into it unnecessarily. So again, my point is there comes a point where cutting losses makes sense. High win-rate strategies aren't all they're hyped up to be. You can make significantly more money winning just 40% of the time (for example) if you know when to cut your losses and let your winners run.
Can one open a trailing stop loss when your buy/sell order is yet to execute ie your order is yet to enter position.
Trailing stops are not used
I'm going to include this strategy in my testing for about 5-10 days. Thanks for the idea. By the way, how do you divide those grids? Is there a systematic way to do it or one can simply use the grids on a respective platform?
There is a Grid Gap setting in the Robot
@@Expert4x is it downloadable or i have to buy it first?
Do you have results that are worth sharing?
Wow. I had come up with a strategy where if it goes up you sell and if it goes down you buy. Literal buy low sell high strat. It is profitable over history but you only realize that if the price reverts back to neutral ever. This way if you go on a tear in 1 direction at least you can scalp all the way in that direction and then liquidate on only a small reversal for an overall profit.
Sounds great
Awesome video, thank you!
1. I'm not clear on the "multiplier" mechanism, can you try to clarify how it works?
2. I think a standard grid bot sells as price goes up, and buys as it goes down, correct? Is this bot slightly different, placing buys and sells at each grid level?
Thank you again!
1. It the trend is say 100 pips this trading strategy can cause you to cash in 300 pips as the price revisits the same price level over and over
2. Can't comment on your standard Grid system. It makes sure that there is a buy and sell trade open at grid level the price is at. That ensure a positive trade no matter what the price does
What execution is used buy stop sell limit sell stop buy limit witch one
The EA knows when to transact using price levels - the EA does no use stops or targets.
One more question please! When you looked at the end of the 79 Trades, you mentioned the losses as -100,-200,-300, etc.
But wouldn’t the losses be in an uptrend for example:
(1) -100 (1Sell)
(2) -200+-100
(3) -300+-200+-100
Since you’re adding Sell with each step? Its not just the one Sell that is causing loss, but the new ones as well right?
please re-watch the video very carefully - positive trades are cashed in and loser are left open
Husam makes a good point. When you say "cash out", you're not specifying whether you are making, technically, 3 trades at each level AFTER the first one, which must be the case otherwise you're quickly hitting levels where there is nothing to "cash out" because you didn't open a new trade, all you're doing is double-counting.
Husam's math is correct assuming you're opening new trades AND "cashing out" (e.g. there must be 3 trades at each level).
I don't see how this can work.
@@joy-of-chemotaxis this logic is at fault....in uptrend or downtrend your total balance is going to go negetive and finally liquidated.
Losers are left open , so in the end only the last couple of 5,6 orders did not hit their profit targets. The most important thing here is that this strategy wont work in strong up or down trend. You need sideways market.
@@daniellubenov827 but he said it will work in all market. Also his calculation is wrong.
If you close for profit on let’s say a Long position, when do you go Long again?
Long and short again. You should always make a gain no matter which way the market moves
Unfortunately, in US the regulators banned hedging for discretionary traders 😔
That is, they do NOT allow simultaneous long/short in the same pair. Tůrds that they are 😡
Institutions are allowed to hedge, but the little guy isn't. Go figure..
Yes US traders are being over protected by their Government - Our Robot do not work there and yet it is our biggest market - All US traders use offshore markets
Hello, good idea. The problem is when we have a strong trande. For example in this video i see 40 pips grid. What s happen if continue to go in loss at the 3rd intent? Thank you
Yes currency selection and grid sizing is very important
We all know how rewarding trading can be. Meanwhile getting a good ROI is very much attainable if you know your way around it. You did a nice job here mate!
Thanks !!
How are you able to do it as I've also been trying my hands at trading but haven't made any headway. Just bare losses.
@@SkypuffxlAs I said, I was a novice when it came to trading before I got to know an astute trade analyst, Herman W Jonas, who is guiding me through the process. I put in $30k as capital spread across stocks(features, options,) and fx with his guidance and I’ve made a return of $103k within the trading span. I'm slowly but perfectly building my portfolio by putting money into the market at a consistent pace.
Contrary to conventional wisdom, you don't need to have a hefty trust fund or ultradeep pockets like mutual funds and other institutional players to start trading. I initially invested $6k, I am making a return of over $15k at the end of the trading week and reinvesting as my profits began compounding rapidly. Herman is a genius.
I’m somehow on tertiary levels but still, close to one year of constant trading with Herman as his competence is second to none. Great platform for newbies and retail traders alike.
This strategy is best for none-leverage without Overnight swap fees. Just buy and place sell limits or sell stops at upper grid interval.
makes money even with those limitations
Great ea! did you make a video where you explain the settings? I searched your channel but I didn't find it.
You state to set the grid accordingly to volatility (totally agree with you!!): is it something to do manually or there is a setting where you set a multiplier of ADR/ATR?
thanks a lot
Yes the new version - in the next few day - has an ATR gap size calculator
You all prolly dont care at all but does someone know a way to get back into an instagram account??
I stupidly lost my password. I would appreciate any tips you can give me!
@Maxton Uriel Instablaster :)
@Carlos Henry Thanks so much for your reply. I found the site thru google and im in the hacking process atm.
Seems to take quite some time so I will reply here later when my account password hopefully is recovered.
@Carlos Henry it worked and I finally got access to my account again. I'm so happy:D
Thanks so much, you saved my ass :D
Con que agarres una tendencia alcista o bajista quemas la cuenta
Not if you are a clever Trader that uses big and increasing gap sizes and non trending currencies
This has been working great for me. Problem is that it is hard to do without automation and if it has an even number of “grid” levels you will break even. Volitile markets also cause quick losses if you can’t be in front of the monitor meaning you have to trade larger “grid” points and timeframes.
Trying to pass a challenge like FTMO can be tricky due to relative open draw down limiting the size of the position as well. Definately a great system, but it is smaller profits over long time periods
Yes - This is not tool you can use for FTMO - you need to use large gap sizes and low volatility currencies
@@Expert4x Is there a way that it could be adapted for this purpose?
A larger grid step and finding relatively safer + less volatile pairs/instruments to trade?
You don't want too large of a grid otherwise you will be stuck with a lot of orders if it trends down, you need sells to make money.
@@Expert4xWrong you need high volatility that trends sideways or slightly up, no volatility no up and down.
Alex, I tried to go to your website but links to your products block me. It says this content not available in my country. I'm in Australia. Can you give me access?
You will need a VPS to access our websites if you are from Australia
Greetings from Germany can you please make a Video with a Manual Trading Strategy with grid trading for correlated pairs like USD/CHF - EUR/USD that would be very helpful for those who understand this concept thanks for all the content
Noted
It doesn't work: Tried the EA, the balance goes up, but the account equity doesn't.
You are probably using the wrong currency - view these videos or more info ruclips.net/p/PLda98agBeOd6WR8wiiwUQ5_PYhNtxQsA4
the problem is that the market needs to go up and down regulary around the same point, if the market goes up and it stays up until eternity then you have a huge problem.
What happens after that?
Currency selection is key
Blown account
This strategy is break even at best, if market trends you are in big trouble
Thanks a lot Sir for sharing...very useful and valuable...I am new to forex...need your advise whether other forex grid robot also able to set buy and sell on the same grid line, or is it only GTM bot able to do exactly as you are sharing here or any bot supporting grid able to do it as well..Thanks for sharing
Yes the Grid Trend Multiplier is flexible and does the job www.expert4x.com
Hey Alex, in the settings of the PnP, there is a max % drawdown section. Will the EA stop when it hit this percentage of the account ?
Yes - it is to train you to set account stop losses
Buy and sell at starting point means: you are at net 0 position regardless of whether the market moves ( up or down) you will still be at 0 position. So, at the first level you will cash in Nothing, no matter which way. .... This strategy seems rather silly to me. Am I missing something ?
Yes - You have not tried it
@@Expert4x True, I have not tried, nonetheless the fact that I have not tried it does not disprove my point. Let me give you another example. Say you long 50k USD/JPY and short USD/JPY in another account that you also own. Using steps of 200pips, after USD/JPY moves up 200 pips. you suggest to sell the long 50k of USD/CAD to profit 200pips, and to shortl another 50k and long another 50k. At this point you are net 50k long and 100k short.... if it keeps going up, you are net 50k short.... Makes no sense to me. What Am I missing ?
Dear Sir, Yes, the strategy seems silly, BUT on second thought, it DOES WORK WELL well on underlines that have a tendency to retrace. Many thanks for making me reflect. The strategy has merit ! @@Expert4x
hope u would see my comment , it is a very nice idea till I passed through chart to notice that impulsive waves doesn't respect always the correction of 50% Fibonacci every time as u showed in your explanation so it would be a very long trade deal and will take a year ,maybe more and maybe less in order to fulfill the deal and gain your profits
Very good!
When you buy and sell at the same grid line, wouldn't it get squared off?
Yes if those are your only trades
I would suggest to add to EA settings "open price" feature. Current EA opens first buy/sell when it is launched. It can be unlucky launch where good trades closures are missed. I wud like it to start at definite price which gonna give much higher probability to have more closed trades.
Correction. I put my definition in a wrong way. not more trades but rather less risk. You can have no more than 4 cash ins maximum, for example, in buy trades before price moves in the sell direction if you start the grid at definite price. But move the same grid just 10 pips from that start price and you gonna have up to 10 cash ins in buys which puts your ballance at huge risk
It has that - you start the EA when it is at the price you want it to start
Sounds complicated?
Interesting....There are a zillion and one ways of trading but fundamental principles must be the core of all traders who will be successful
This is a random system but requires trading skills to chose the right currency and gap size according to volatility
This was most helpful but I have one question:
How would I reset or disable the bot without incurring a loss from open positions?
You can't Equity = open and closed trades
Currently working on a Grid System. I Turned my back on entry point determination, stop loss calculations and over-analyzing. Turnes out a good hedging strategy and position size adjustemts are the way to go for me.
Yes it is much more relaxing
Indeed. I'm still experimenting but Backtesting seems promising so far. Any tips on how to mitigate drawbacks? As of now I just close all losing positions and forbid opening new positions when the price leaves the range until a new one is established. Am I onto something there or is there a better way? I'm still experimenting with different indicators to determine a range. Any thoughts on that? Any specific indicator I should look into? Thanks for taking the time. It's appreciated, really.
@@dertyp3463can tou share it with me ?
Bro...Whats the condition now??? Is it still profitable
@@kaziahsan_habib the grid system? nah not really but it's superb to benchmark some technical approaches and hedging strategies. The grid itself just spits out 50/50
Sorry but I see your algebra is not correct. Say your fist example from point (A) upwards to (B) then downwards to (C): At point C you have cashed in two deals but you have now four deals open (total 6 opened then two closed). Thus the net profit of two deals is meaningless unless you close all current deals. The open positions will build up as 6-2 = 4 then 8-3 = 5 then 10-4 = 6 and so on. This is because at every point you open two deals but close 1. If these open positions are buy/sell then you may tolerate but soon your account will blow up.
Study the rules again or re watch the video - only 1 buy and sell is allowed per level
@@Expert4x you are saying one buy and one sell per level. To me this means two deals per level. But you cash in one per level. so one deal stays open per level building up as long as you don't close them.
@@kakhavalyou are correct, opening a buy + sell = opening 2 positions (as a position can either be long or short), if you are to open 2 positions for every 1 close, then you will, by necessity, have more open positions than closed, the longer you do it, the more open positions you wil have
Hi Alex does the grid trend multiplier support volatility indices
It was designed for Forex instruments - It has not been tested for other instruments
@Expert4x is there a measure difference between forex and indices
But there is also spread and Commission costs
Yes this is an educationally introduction - make sure you are subscribed as there will be a flood of new videos that month. The next video shows how 300% was made - on charts showing the trading
The fact there are currently no dislikes on this video says a lot about the success of this method
This has been around for over 15 years. So many improvements have been made over that time
Hi Alex thx for the info. Is the upgrade for regular or plug and play version? When is it coming out.
The upgrade impacts 5 versions - that is why it is taking awhile - hopefully at the end of this week
@@Expert4x Excellent Alex. I thought it's only 4 versions: 2 PnP, 2 regular. The 5th version is it with a different strategy?
The thing that we need to think about carefully is how much money we have, because if it goes up or down fastly we will need more margin in order to continue buy&sell, which technique you use for this problem?
True, Currency selection a gap sizing is important too
@@Expert4x Thank you so much :)
Thanks for sharing. Very excited about this EA. Just one question, would different timeframe used affects the trading results or the EA simply don't rely on the timeframe used and it will work the same way no matter what timeframe we use?
Yes time frame does not matter
@@Expert4x Thanks. Awesome!
What does EA mean?
@@itdoesanimation - Expert Advisor.
Automated trading using MetaTrader 4 or 5, or any number of other available software. Most brokers integrate some manner of such software into their platform. But you gotta learn how to program it. It's worth learning how to do it.
Or you can pay someone to write a program according to your specs (so-called "quants").
@@itdoesanimation EA = Expert Advisor, a forex trading robot.
Alex: Currently, what currencies are suitable for this EA ?
The EURGBP is good - low on trending and low on volatility
Nice
Thanks
This plus DCA trading increases your profitability even if you loose trades.
Yes that is because there is a multiplier effect
Great video! Thank you for the detailed information provided. I'm a bit worried about the commissions if the bot makes that high amount of trades. Could you recommend a good platform with low brokerage? thanks a lot
Sorry I do not recommend brokers
@@Expert4x which exchange do you use then?
@@linkerhoden93 you mean FX currency right? He mentioned Eur/ Chf many times in the video! all the best,
What I have observed and I am testing is looking at the total loss of a strategy and drawdown to hedge the positions based on the average drawdown and losses.
And if you open sell and it never come back to 0? it just go up,
than how you solve this problem?
You choose low volatility and sideways currencies to start with - stay away from trending currencies
@@Expert4x For example?
I am automatically SKEPTICAL when i see that video description claiming this is 100% success ..which is just not possible even for the most advanced algorithms
The human mind is like a parachute - it only works when it is open
@@Expert4x 😂😂😂😂
@@Expert4x i know it doesnt work in the long term just like the martingale. However the answer was really clever
If you read it carefully, the title doesn't state successfully profitable. It can even mean successfully bust your account. lol
Grid is good for ranging markets but i am a little stuck here i drawn this on a peace of paper and I come up with plus minus zero for every open position we have a close but also an open unless we dont open a sell and a buy for every grid target.. did I missunderstand this?
Thank you for taking the time to share your experience with the grid strategy. It's always valuable to hear different perspectives and insights. Keep up the great work and keep learning - you're on the right track!
Hi Alex! Thanks for the info
You say at 12:55 : "Plug and Play version: The currencies are already selected and the Gap size are already selected"
Do you mean that the EA will trade automatically in the background? Meaning we only need to load it on one chart (any chart) and then just leave it as is?
Then it will trade on its own and select currencies and gaps in the background?
So we don't need to say load it on other chart? By contrast with previous version where you show the process of loading on 12 charts using the same template (from this vid: ruclips.net/video/AUcDejSjInk/видео.html)?
I have bought it and successfully loaded it on the chart.
But since there are no inputs for currencies and the Preset Selection [aggressive-balanced-conservative], could you confirm we only need to load it on one single chart.
It is confusing info compared to the "Learn How to activate 12 Grid Trend Multiplier trading robots & enter 24 trades in 20 minutes" video info.
Do all chart must be opened and the GTM loaded on each of them?
Or does just one chart need to be opened and a single GTM loaded on it for it to automatically run 'in the background' for the other currencies?
Or something else?
Please clear the confusion.
Thanks.
The EA can only trade one currency on one chart. So if you what to trade 12 currencies you still need 12 charts. You can select any one of the suggested currency using the EA on any chart.
@@Expert4x Thanks for the answer. How do I know what the suggested currencies are, since there's no more inputs? How do I enable the Preset Selection [aggressive-balanced-conservative], since there's no more inputs in my version?
Do I have the correct EA version?
Please clear the confusion.
Thanks.
Please make a short demo video for the latest version 5.2.0 showcasing how to set every required inputs correctly. As of now it is very confusing not seeing any inputs for the currencies and no inputs for the Preset Selection [aggressive-balanced-conservative] in version 5.2.0. One need to guess what to do. Or assume we got the wrong version.
Please make the video as I cannot use the GTM 5.2.0 as of now since it is not possible to set the currencies and the Preset Selection [aggressive-balanced-conservative].
Thanks.
Can I trial this EA first before making purchase?
Unfortunately not
This sounds crazy. The transaction costs will eat you alive. There is no guarantee that prices will bounce between grid levels more or less sideways. Time decay ensures you don’t break even when you cash out your neutral positions. Executing this would be a nightmare.
The system is 12 years old and deals with all of that. Only from trading it can you experience it strength. Especially when you use flexible grid sizing techniques
@@Expert4x stop exposing secrets man.
Are the Grid-Rules public? If yes have hoy a Link?
They are explained in this video - so they are 100% public. They can be traded on any broker account that allow hedging.
@@Expert4x Thank you. On the 2. View i think i understand the system.
Alex! You are a great forex trader! But sometimes overlook important things. Why are you counting negative transaction once? Obviously there are more which you don't count.
For example you have two buy order at the top of the chart which don't close as the price reverses. So, only these two trades have a loss of 1000 pips. According to my calculation you have an additional 1600 loss. So your loss is 3700 pips not 2100 pips.
Ohh there is goes the flaws I was looking for. I had an intuition that it couldn’t be such good
@@christianad5358 It is still good to draw 4200 pips out of 800 pips range. But truth must be told, so everyone choose with their eyes wide open.
@@ji3200 you can use it with micro lots or 0.01 standard lots in smaller accounts. But even thought I can't believe is such good under any condition.
@@christianad5358 in order to make decend money micro lot is not the idea
@@ji3200 don't focus in the amount. Focus in the % over the balance. Then diversify. If the system is good the account will grow and you will be able to increase the lots.
What are the numbers you are using for the grid levels?
The numbers are used to explain the grid concepts - please watch the video again
He looks like Bricktop from Snatch
Interesting observation
yeah but the problem comes when it goes against you buying and buying lots then it is when it keeps you each time far from your break even point, making you wait days or even weeks until it gets back to the delta
It never needs to come back to delta - sadly, that is the point you are missing
Thus, it will keep buy and buy EURO's that i can use in the store.
Or buying and buying the petro-dollar that is concidered a safe haven.
OMG, the horror !!!
(Gametheory is a thing, maybe learn that first before trying to trade. Would come handy with your descision taking)
Isn’t too good to be real? I mean... it should have flaws ? If not... this is like a golden eggs chicken :O. I should try by myself in order to double check it. Sorry, I’m hard to impress until I do my own research on it,but always I would give you the credits.
That is exactly what you should go - trust nobody but you own findings
This proves the old rule: Money won in the casino is borrowed, not won. This is also the case of insuring against an unlikely hurricane, and clipping premiums. Here the hurricane is the market exploding and going one way, jumping over several grid points at once, and you cannot get in or out. Then you lose massively all the previous gains.
Yes that is typical result if you are not skilled and use random currencies.
Only if one knew clearly the boundaries of the market, it will work the best. However market would punish you soon on a single buying higher and a single selling lower. .
Yes the trick is to use low volatility sideways currencies - you still need some trading skills
How can i place two opposite orders in the same time? One cancels the other, in futures mode, in btc/usd, for exemple.
Try it out on a non US MetaTrader account
I still dont understand about 1st example
Buy sell going up 1 grid and open buysell again, then going down 1 grid
B/S up 1 grid it's mean B +1 S -1 right?
N go down 1 grid B -1 S+1
Its that breakevent? Why we have gain 1?
You always close profitable trades. There are 2 profitable trades in that move
Which currency do you recommend on this one?
Currencies that tend to trade sideways are good
Do you have an EA with this statergy for sale?
Please use this link:- gridtrendmultiplier.com/
@@Expert4x Thank you Sir, Also wondering if this EA is available for demo accounts for testing.
I tested with 2 binance bot in futures with 2 accounts, same parameters in each grid, one short, one long, 20x leverage. The problem there is the bot which "LOSS" loss MORE than the one which WIN - And the result is NEGATIVE, there is where is the problem... Do you think is the LEVERAGE the problem?
Could be - try the highest leverage you can find
@@Expert4x I have x20 MAX for the moment and I did with this setting. I will try with LYKKE - a 0 taxes fee EXCHANGE, I'm continuing to make the simulator in EXCEL.
This is good idea.. but we must calculate spread too...
As always
Just as question i will be happy to receive answer!
Why grid level trade always made loss in the first place?
What make you think that?
I find this channel with a such new way to present automated trading
Thanks for your comment
Could this work with TQQQ and SQQQ?
That is untested but it should
really unable to find why we are doing the opposite trade on each level. We can simply sell on each higher level and buy on each lower level. Please explain. Net effect is same. and we are paying brokerage also in that process.
The idea is to have a positive trade no matter where the price moves - you method does not generate positive trades for every move inn the market
@@Expert4x Thanks for the answer, but the net result is the same. Please try it using an example.
@@Expert4x And can you please suggest where shall we have the Stop loss.
I thought about the same strategy but I don't think most brokers allow holding long and short position at the same time--may be for forex but not for stocks. Could you tell the broker which you use?
You need to open 2 separate accounts with the same broker - 1 for long, 1 for short.
Don't use US brokers
@@Expert4x Could you kindly mention which broker do you use. Problem with Forex brokers these days is many of them have turned out to be fraud even with regulations --problem of stopping withdrawl of money to bank account is pretty common..
hi boss, how do you deal with the open trades that are in deep drawdown then?
Wait patiently - to avoid drawdowns be very careful about currency selection and gap sizes and lot sizing
Drawdown ? Your buying when it goes down. It's like saying: "But what if i'm owning the house ?".
Just buy stuff that you want, like EURO's for me. So, then i have to say: "But what if i can buy my own currency back for cheap ?"
Thus gridtrading in a nut shell:
When goes to 0, your all in.
When goes to infinity your out.
When it moves arround, your have most of your assets doing nothing.
But a "grid-strategy" is a good starting point to understand trading an algorithms.
Thus think of a grid system trading a stable coin. Then ask your self, what are the good and bad things about your strategy. Dus it for example take into account volume and time ? Just tweak this thing a bit and add some volume and time to it. Before you know, your competing with the market maker. And then will findout why "hidden-orders" exists. Good luck.
at one time should they only be 3 positions open or more
Yes there could be many position open at any one time
What happens when you go back down and close the sell for profit you will have a sell at 0 do you then open another buy ?
You close a positive trade no matter the direction the price moves
What happens if you have 3 buy in profit or 3 sell in profit? How do you save the situation?
That can't happen - please rewatch the video
How many pips grid you will recommend on AUDNZD ? Thank you!
about 30% of the avarage 21 day daily range
What about the US First In - First Out Rule?
Will not work in the US for many reasons