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    Posts made by tho401

    • RE: Modified grid to reduce risk?

      Right now hedge grid is the best i came up with since its a little safer then normal grid by closing profits on the way down and generating more spread revnue that way.
      it averages price down better in strong trends with slightly less risk.

      But obviously its still riskiy and maybe not my final stable Solution

      posted in Questions & Answers
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      tho401
    • RE: Modified grid to reduce risk?

      @roar Yes, i guess it would be up to 0.25x pips spread that the Brokrage makes per lot, so 2.5$ per lot. Thats what i still have to Cover.
      There is a rule that trades have to be closed a certin amount of pips (points) away from Open price.

      To make money you have to be slightly profitable and just Cover the spread and generate a Lot of trading volume with as little risk as posisble

      I See the Chance of making money that way through generating trading cost better as making something longterm profitable in trading when over 99% fail longterm anyways.

      I have a strategy for generating the spread, but sometimes my strategy fails and then i need a grid (hedge grid) or something better to average the price down or secure exposure, thats where im stuck, bringing stability and securing against trends.

      The first part of my strategy is great, its partial close price averaging. In some cases it just goes wrong and thats where i need a Smart management structure wich will reduce risk or average price in a somewhat safe way.

      I should add that the grid uses very low lotsize (trade size) Compared to capital, it doesnt has that much risk.
      Where it goes wrong is if it keeps adding trades unable to close old trades and generate spread revenue, it keeps adding risk and thats the weak part.

      My trade management is where the risk begins and increases exponetially

      posted in Questions & Answers
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      tho401
    • RE: Modified grid to reduce risk?

      @roar Youre definetly right.

      I should add, this is for a Rebate Project, the goal actually is to generate as much spread revenue and trading cost as possible.

      The goal is Not to make Profit in trading, the Brokerage pays 10$ per lot with a spread of 1.2 - 1.3x pips on a standard Account, so 85% of all generated spread revenues Go back into the Account as Cash deposits (Rebates)

      I need this hedge grid to bring at least a little more stability Compared to a normal grid while also generating more spread revenue (Rebates)

      posted in Questions & Answers
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      tho401
    • Modified grid to reduce risk?

      What im trying to do is very specific, i would appreciate any help!

      I will give a example of what im trying to do.

      Lets say you are in a buy, a normal grid would add more buys lets say every 12x pips.

      What i want to do is add sells on every 12x pip grid Level and close those sells every 12x pips, then add new sells at the next 12x pip buy Level.

      I know those strategys are generally not safe, but i think adding sells to take some profits will overall keep equity from falling fast, it should slow it down a Bit.

      Here a example of how it would look like: Screenshot (5869).jpg

      This is how i did my normal grid so far.

      By using Check trade count, then pips away from Open price and and add volume.

      Im stuck with getting the opposite trades into the grid and closing them 12x pips away and opening a new opposite grid trade.

      This is where im stuck
      Screenshot (5874).png

      i would appreciate help

      posted in Questions & Answers
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      tho401
    • RE: Multiple custom trailing steps.

      @rgoo THX! appreciate your help and time.

      posted in Questions & Answers
      T
      tho401
    • RE: Multiple custom trailing steps.

      @jstap Do you have an idea how it could be done?

      No matter what i tryed, it only did the first 2x trailing steps (break even points)

      The others just dont work somehow.

      posted in Questions & Answers
      T
      tho401
    • RE: Multiple custom trailing steps.

      @rgoo Did it work for you?
      For me it dident work, still only 2x conditions working at once, the others are not working

      posted in Questions & Answers
      T
      tho401
    • RE: Multiple custom trailing steps.

      @jstap https://fxdreema.com/shared/GRkll76ce now the first 2x steps work in this test version. But the others dont

      posted in Questions & Answers
      T
      tho401
    • RE: Multiple custom trailing steps.

      @jstap it works only for 1x trailing step.

      The other 3x wich should come later do not work the way i did it

      posted in Questions & Answers
      T
      tho401
    • RE: Multiple custom trailing steps.

      @l-andorrĂ  How would that look like, i never did it befor.

      I would appreciate if you can help me with this.

      I basicly want to create a custom trailing step system that gets tighter to the price as more it goes into profit.

      Trying to leave as little profit as possible on the table as further price goes in profit. I cant realy do that with a normal trailing SL, or at least im not Aware of it.

      Thats why i need multiple custom trailing steps

      posted in Questions & Answers
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      tho401
    • Multiple custom trailing steps.

      I want multiple custom trailing steps in profit.

      For example the first One.
      Price is 7 pips in profit then the trailing SL should be break even.

      Next Step would be once 11 pips are reached i want 5 pips secured with SL

      The Way i thought i could work dident work.
      I would appreciate some help, thx

      0_1656619089709_Screenshot (4290).png

      posted in Questions & Answers
      T
      tho401
    • RE: I need help with a partial close structure.

      @jstap 0_1655667904277_Screenshot (4221).jpg

      it works there is just a small problem, the ea closes partials till minimum lotsize in some cases, but that could be fixed with "once per trade" maybe. i just dont get why it doest happen all the time, just in some cases.

      posted in Questions & Answers
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      tho401
    • RE: I need help with a partial close structure.

      @jstap THX!

      posted in Questions & Answers
      T
      tho401
    • RE: I need help with a partial close structure.

      @jstap Like this? https://fxdreema.com/shared/Yz99llh1c

      tryed it, but it doesnt close partials.

      posted in Questions & Answers
      T
      tho401
    • RE: I need help with a partial close structure.

      @jstap Can you share it so i can look into the blocks, im just confused at this point, sorry XD
      thx for your help!

      posted in Questions & Answers
      T
      tho401
    • RE: I need help with a partial close structure.

      @jstap https://fxdreema.com/shared/k99PfzHqe

      My logic is, if price is away +650 points from Open then i set the flag to true, so if thats true then it can go to the next Block and close partials at -650 points.

      I never made expirence with the true/false falgs, so i dont know if im doing it right or wrong, would appreacite your help.

      posted in Questions & Answers
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      tho401
    • RE: I need help with a partial close structure.

      @jstap I dont get it, im stuck with it for 3x weeks now. Could you Show me how its done? i would appreciate it. Im definitely doing something wrong, it doesn't even close partials at all for me with the flags.

      posted in Questions & Answers
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      tho401
    • RE: I need help with a partial close structure.

      @jstap i think i got the partial close. I just dont get the flags, so it only closes partials once the +10 pips have been reached first. I would appreciate your help! 0_1655586098917_Screenshot (4215).png image url)

      posted in Questions & Answers
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      tho401
    • I need help with a partial close structure.

      I want partial closes in draw down, once a trade is running against me.

      The key is, i only want it to happen once the trade is for example 10 pips in profits.

      So for the partial close to be valid, the trade should be 10pips in profit from the entry and only if it comes back running against me, i want a 50% partial close at -10 pips draw down against me from Open price.

      So if the EA Opens a trade and it rus straight agains me, i dont want any partial close.
      Only if the trade reached +10pips profit first and then from there goes against me, then i want a 50% partial close at -10 pips
      .

      posted in Questions & Answers
      T
      tho401
    • RE: How do i do partial closes? Once the position reached a certin ammount of pips in profit, i want it to close 60% of the position once it reaches -10 pips in DD (loss)

      @jstap THX, got it.

      posted in Questions & Answers
      T
      tho401
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