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.
@Expert4x3 жыл бұрын
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
@SCP-001DatabaseAdministrator3 жыл бұрын
Or a market the always goes up in the long term ...can you think of any? And only go long
@famousmidnight3 жыл бұрын
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
@andreykim18443 жыл бұрын
@@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.
@0ldCat3 жыл бұрын
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.
@druzbatorbekurice58803 жыл бұрын
Wake up every morning with the idea that something wonderful is possible today.
@Expert4x3 жыл бұрын
Great advice
@ernst-louis2 жыл бұрын
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.
@Expert4x2 жыл бұрын
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.
@jdaniele9 ай бұрын
@@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.
@leversandpulleys92743 жыл бұрын
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
@Expert4x3 жыл бұрын
Creating order out of random chaos can be very tricky and requires a special psychology
@nyashachuma45672 жыл бұрын
Am also seeing that now....its the only way...the conventional ways of trading dont work anymore ...the market is just random
@Franco-zn6jj2 ай бұрын
I have saved your " quote "! Wonderfully said!
@por2geezer9642 жыл бұрын
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
@Expert4x2 жыл бұрын
Are you sure? 18 years of trading this technique does not seem to confirm your experience
@Expert4x3 жыл бұрын
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@rajanmoses Жыл бұрын
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.
@Expert4x11 ай бұрын
You got this!
@mlnxzyjsj7653 жыл бұрын
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.
@Expert4x3 жыл бұрын
My pleasure!
@SatbirForex3 жыл бұрын
I Trade with this idea manually... Great Results... Thanks Plooy Sir
@Expert4x3 жыл бұрын
You are welcome
@newbbietrader99183 жыл бұрын
how do you do it manually?
@Harryonthebeat993 жыл бұрын
Hello
@Harryonthebeat993 жыл бұрын
Hello veerji reply kro
@Harryonthebeat993 жыл бұрын
Please veerji
@richardbokele8302 жыл бұрын
I find this channel with a such new way to present automated trading
@Expert4x2 жыл бұрын
Thanks for your comment
@pusheen_kitty3 жыл бұрын
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.
@Expert4x3 жыл бұрын
Yes you are right
@johnbobbypringle3 жыл бұрын
The fact there are currently no dislikes on this video says a lot about the success of this method
@Expert4x3 жыл бұрын
This has been around for over 15 years. So many improvements have been made over that time
@iTradeForex11 ай бұрын
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 .
@Expert4x11 ай бұрын
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
@cadillacslick11 ай бұрын
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!
@Expert4x11 ай бұрын
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.
@Alternatezoid Жыл бұрын
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!
@Expert4x Жыл бұрын
Thanks !!
@Skypuffxl Жыл бұрын
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.
@Alternatezoid Жыл бұрын
@@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.
@HaddaddA73 Жыл бұрын
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.
@Positivity75 Жыл бұрын
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.
@bigpipstradingsolutions2 жыл бұрын
Interesting....There are a zillion and one ways of trading but fundamental principles must be the core of all traders who will be successful
@Expert4x2 жыл бұрын
This is a random system but requires trading skills to chose the right currency and gap size according to volatility
@dertyp3463 Жыл бұрын
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.
@Expert4x Жыл бұрын
Yes it is much more relaxing
@dertyp3463 Жыл бұрын
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.
@damianverschoor95537 ай бұрын
@@dertyp3463can tou share it with me ?
@kaziahsan_habib6 ай бұрын
Bro...Whats the condition now??? Is it still profitable
@dertyp34636 ай бұрын
@@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
@janscott60210 ай бұрын
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.
@Expert4x10 ай бұрын
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
@augustusvranken25173 жыл бұрын
This strategy is best for none-leverage without Overnight swap fees. Just buy and place sell limits or sell stops at upper grid interval.
@Expert4x3 жыл бұрын
makes money even with those limitations
@haha-vm6gi3 жыл бұрын
This is the BROTHER OF MARTINGALE! But it seems MUCH AND MUCH better than martingale system! Thank you for the idea!
@Expert4x3 жыл бұрын
You're very welcome!
@timothyelroy36432 жыл бұрын
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
@Expert4x2 жыл бұрын
Yes - This is not tool you can use for FTMO - you need to use large gap sizes and low volatility currencies
@eliascristante53062 жыл бұрын
@@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?
@eli_the_crypto_guy Жыл бұрын
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.
@eli_the_crypto_guy Жыл бұрын
@@Expert4xWrong you need high volatility that trends sideways or slightly up, no volatility no up and down.
@robertojunior871111 ай бұрын
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.
@Expert4x11 ай бұрын
Which direction would you choose - and if you are so good at choosing direction you would be a millionaire
@aldenasher811 ай бұрын
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.
@robertojunior871111 ай бұрын
@@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.
@vincenth32673 ай бұрын
I tried this 15 years ago with moving averages and their crossings as a EA. It works for a while, but markets can stay very high or low for a long long ime and you will end up paying interest on the far open orders. The only way to mitigate this, is to trade only in the broad value area and increase your lot size during the process. However things happen and the swiss FED and it's franc dropped the peg and fell a HUGE amount in one day blowing up some people/market makers about 12 years ago!
@Expert4x3 ай бұрын
Yes this is the most basic system to introduce Grid trading. Grid size and lot size variations are added next
@chey2guy Жыл бұрын
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.
@Expert4x Жыл бұрын
Sounds great
@bearzakes44594 ай бұрын
Thanks a lot sir for such great information , may God bless you 👏🇿🇦
@Expert4x4 ай бұрын
Thanks and welcome
@lucifermorningstar39752 жыл бұрын
Change your lot size with every position you open that is the only way this will work.Remember January to december there will be one high and one low so set your position accordingly.
@Expert4x2 жыл бұрын
Interesting concept
@nyashachuma45672 жыл бұрын
If you do that then you will only end up at breakeven
@geniousece Жыл бұрын
Great video! Explained clearly. One question can we use this for options trading? Thanks
@Expert4x Жыл бұрын
Yes, absolutely
@geniousece Жыл бұрын
@@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!❤
@rtkevans7 ай бұрын
I think this strategy can be summarized as follows: have 2 accounts, one long and one short, both on the same instrument. Long account will increase position size for each lower grid line touched. Short account will increase position size for each higher grid line touched. No need to buy, sell, then re- buy (or sell, buy, then re-sell), which will just incur spread costs. I'll have to numerically simulate this, but my guess is periodically all positions in both accounts will need to be liquidated, and then the accounts can be re-balanced to the same equity level, and the process can start again. We'll see...
@Expert4x7 ай бұрын
Sounds like Martingale
@rtkevans7 ай бұрын
I did Monte Carlo testing on this. There is no simulation that does not end up blowing up the account as the number of trades tends to infinity. My setup was unlimited short and long entries, however.
@arthurimona59013 жыл бұрын
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?
@Expert4x3 жыл бұрын
There is a Grid Gap setting in the Robot
@arthurimona59013 жыл бұрын
@@Expert4x is it downloadable or i have to buy it first?
@SolutionsFinder3 жыл бұрын
Do you have results that are worth sharing?
@farhancfo11 ай бұрын
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.
@Expert4x11 ай бұрын
It is a 100% automated system - you do not have to make decisions
@farhancfo10 ай бұрын
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.
@IA100KPDT11 ай бұрын
Your broker allow u to open Buy and Sell at the same time?
@Expert4x11 ай бұрын
Most brokers do - US Brokers don't
@themorningflightinindonesi35582 жыл бұрын
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. .
@Expert4x2 жыл бұрын
Yes the trick is to use low volatility sideways currencies - you still need some trading skills
@thomasmusandu27542 жыл бұрын
Sounds good. Close to something I have tried before. Thanks in advance.. Thomas Musandu, Kenya
@Expert4x2 жыл бұрын
Hope you enjoy
@TonyHA91312 күн бұрын
Nice theory maybe works for big firms that have no variable spread and no broker commission/fees. It could work to certain extend but add broker fee and spread to it and it will be very difficult. I will run the math on it but I can tell when you add broker fee to the mix it all falls apart. let's say you have two transaction and one is up 100 and another is down 100, you are saying if you close both them then they cancel each others but no they don't because you will lose broker fees on each one. so scale this to more and more transactions and you will be losing and your loss will accumulate very quickly. Anyway it is a nice video and basically this is a hedging strategy but one that I don't think it could work all the time.
@Expert4x12 күн бұрын
This is a strategy that has been introduced previously. If it has been used by us for over 20 years. Trying to do a mental evaluation does not work well - you need to trade it using a non-trending and low-volatility currency to experience the power of this is strategy using a pruning approach - this video is only a high-level introduction.
@gdsuardiasa5433 жыл бұрын
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.
@Expert4x3 жыл бұрын
Yes the trick is to select none trending currencies like the AUDNZD or EURCHF and to use large grid sizes
@mannaiman91485 ай бұрын
@@Expert4xaround 50 to 100pip?
@ahmedyacine53503 жыл бұрын
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
@Expert4x3 жыл бұрын
Very good!
@henrim93482 жыл бұрын
Wow ... this seems perfect for BITI and BITO ... btw, these are not forex symbols. Or TQQQ/SQQQ (leveraged pairs). Thanks mate... fantastique.
@Expert4x2 жыл бұрын
Yes, you are right
@shumlanguage4 ай бұрын
i trade stocks, not forex, so I don't undersatnd how you can buy and sell at the same time, but I'm willing to learn.
@Expert4x4 ай бұрын
This works on any broker account that allow Hedging - buy and sell transactions at the same time
@Coconutboy663 жыл бұрын
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
@Expert4x3 жыл бұрын
Noted
@peterwong84992 ай бұрын
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.
@Expert4x2 ай бұрын
The best thing you can do is trade the system - that way you will understand it.
@doyugen4653 жыл бұрын
Ive written a few bots now and honestly, this is going to loose you alot of money in markets that establish new averages or dont reverse trends.. I dont see which markets in todays world will provide this type of stability.. might be profitable short term but please people this is crazy risky.. If anything your best bet is to do this on for 1 hour a day on 5 minute charts, and try and study when that best hour is on average
@Expert4x3 жыл бұрын
This Robot is over 8 years old - it trades beautifully if you know how to trade it with respect to the market
@Efe_Fevzi.11 күн бұрын
second example you are in 0 profit because in first sell you made -200 in second sell -100 in third sell 0 and fourth +100 this means overall profit with sell positions is -200 and with buy positions +200 because you made 3x+100 and one -100.
@Expert4x10 күн бұрын
You missed the point. Please re-watch the video and make sure you understand the rules
@TheGandorX3 жыл бұрын
In case price goes up to next grid level, Cashin buy, followed by open buy and sell. But that means, if price goes up to next grid level up, open another sell. Closing and reopening the buy (again in case going up) only serves the %age winning trades, but does not help the end result.
@Expert4x3 жыл бұрын
Yes it is confusing at first
@joy-of-chemotaxis3 жыл бұрын
It's confusing because your model doesn't work. There are several math problems here. The first is a buy and sell at each level has a zero sum for fungible derivatives. Even if you had an asset for which this were not the case, you can't "cash out" a buy with a sell and not open ANOTHER sell at the same level. What appears to be happening is you're NOT opening a 3rd trade when you "cash one out", therefore the next time price hits that level you THINK you're "cashing out" a trade but in reality you just double counted. Maybe you can provide account balance before and after to show how this is profitable? For example in your "power move," the price goes up to grid 3 (+2) then down one level which you count as (+1) for the sell on level 3. But this sell was just attributed to cashing out a buy. So unless you opened two sells on level 3, you can't take a profit. Here's the mathematical proof: Profits = (sum buys) - (sum sells) One buy and sell at every level = 0 3 trades at every level will get you the +1 from your first trade but then 0.
@Anang-yc2hz Жыл бұрын
This is good idea.. but we must calculate spread too...
@Expert4x Жыл бұрын
As always
@whereeveritgoes3 ай бұрын
Don't use Pending Orders. At one point the brokers will happily not trigger one of your orders and you're in a bigger loss. Use EA if possible and set it as instant orders for both buy and sell.
@Expert4x3 ай бұрын
You can watch the charts an do that. I have NEVER had a pending order problem
@J.shtracy Жыл бұрын
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 Жыл бұрын
You only close a losing position when all the open trades in total are positive
@J.shtracy Жыл бұрын
@@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.
@HappyDaysAreToday18 күн бұрын
@@J.shtracy i didnt understand this, can you please explain it more??? thanks
@mssuzietv76022 жыл бұрын
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
@Expert4x2 жыл бұрын
Yes the Grid Trend Multiplier is flexible and does the job www.expert4x.com
@quartamile Жыл бұрын
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!
@Expert4x Жыл бұрын
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
@Vaughangant993 жыл бұрын
with a trendy market you are done fast keeping large loosing trades running against you
@Expert4x3 жыл бұрын
Don't use trendy currencies and use big gaps
@pizzaiq3 ай бұрын
This works ok in a volatile market that is somewhat sideways.. If you get caught in a trending market you'll lose everything you've got. Learn to hedge your wrong decisions and learn to take a loss.
@Expert4x3 ай бұрын
Exactly - watch this video for a free trend analyis tool that tells you which currencies to use kzbin.info/www/bejne/o5ClfWSZm6yLjbc
@0ldCat3 жыл бұрын
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..
@Expert4x3 жыл бұрын
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
@shaunbosch22622 жыл бұрын
If you automate this you'll reach a point where you have zero free margin available and hence you will not be able to enter new trades, I really think one can do better. Utilize this system only if the market goes against your strategy, but using a strategy is important to place the odds in your favor.
@Expert4x2 жыл бұрын
Yes if you trade recklessly with no trading skills that is what is exactly will happen
@58_yesilgul4 ай бұрын
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?
@Expert4x4 ай бұрын
True, Currency selection a gap sizing is important too
@58_yesilgul4 ай бұрын
@@Expert4x Thank you so much :)
@phantasiaentertainment21703 жыл бұрын
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.
@lopezthegreat91213 жыл бұрын
What happens after that?
@Expert4x3 жыл бұрын
Currency selection is key
@Expert4x3 жыл бұрын
Blown account
@michaelsanda19993 жыл бұрын
This strategy is break even at best, if market trends you are in big trouble
@icb1152 жыл бұрын
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 ???
@Expert4x2 жыл бұрын
Yes trying to work it out in your mind will drive you crazy
@igzuval3 жыл бұрын
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.
@igzuval3 жыл бұрын
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
@Expert4x3 жыл бұрын
It has that - you start the EA when it is at the price you want it to start
@Expert4x3 жыл бұрын
Sounds complicated?
@shah1668 Жыл бұрын
this concept is great. i'm gonna study this. thanks a lot sir.
@Expert4x Жыл бұрын
You are most welcome
@wyattthacker3679Ай бұрын
I can see this working. But it would require trusting the market to reverse at some point, while using small amounts of capital for each position so that way you don't blow all your capital. Because if the market doesn't reverse and just keeps going, then your opposite positions are doomed
@Expert4xАй бұрын
Yes this was an introduction - view this playlist for more info kzbin.info/aero/PLda98agBeOd6aUe33ySflMbJROg1wOSsH
@cycledude_bcn3 жыл бұрын
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?
@Expert4x3 жыл бұрын
Yes that can happen and you may incur losses for awhile - the multiplier reduces those loses
@kenong56603 жыл бұрын
@@Wasssa11 Yup. It doesnt work unless multiplier is involved doing magic behind the scene
@saifniazi98543 жыл бұрын
@@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?
@ghulamjelani3204 Жыл бұрын
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
@jerrycharzan87773 жыл бұрын
Hi Alex thanks for the info still holding for the upgrade
@Expert4x3 жыл бұрын
No problem 👍
@funinc.64203 жыл бұрын
Just as question i will be happy to receive answer! Why grid level trade always made loss in the first place?
@Expert4x3 жыл бұрын
What make you think that?
@A.Sha31319 күн бұрын
Alex: Currently, what currencies are suitable for this EA ?
@Expert4x19 күн бұрын
The EURGBP is good - low on trending and low on volatility
@verenafreire1838 Жыл бұрын
I didn't understand when we close the orders? After one level if it is a win? And what about a loosing order?
@Expert4x Жыл бұрын
Simple - at grid levels close profitable trades and leave negative ones open
@navketan1965 Жыл бұрын
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.
@Expert4x Жыл бұрын
please rewatch the video again - Yes - there should only be 1 sell and 1 buy at each level at the most
@VooDooTrader11 ай бұрын
this man is cleaver
@Expert4x11 ай бұрын
Thanks
@elquillaoable Жыл бұрын
Can't thank you enough for this strategy, Alex. This should not be legal. I am only afraid my broker will ban me from trading. 100% sucess! IT'S TRUE!
@Expert4x Жыл бұрын
Wonderful
3 жыл бұрын
1 ; 1 ration buiilds ur trading account i agree with this video these paterns repeat and there so many
@Expert4x3 жыл бұрын
Yes the key is finding sideways currencies (Low volatility)
@seagullsongable2 жыл бұрын
I tested this strategy but it can't be a good tool for eternal and stable income. It breaks in trending situation and most currnecies usually move to one direction very suddenly. The skill to control the trend is a key. However, thanks for your sharing.
@Expert4x2 жыл бұрын
Thanks for sharing
@nareshchallagulla9023 Жыл бұрын
wondering if this EA is available for demo accounts for testing.
@Expert4x Жыл бұрын
Unfortunately we do not have demo versions
@lars5727 Жыл бұрын
Which currency do you recommend on this one?
@Expert4x Жыл бұрын
Currencies that tend to trade sideways are good
@mindpowerunleashed71783 жыл бұрын
8:48 I am clear about the concept and the procedure, but not the explanation of figures on the graphical distribution of this moment. I am looking around and in this specific currency pair (EUR / USD) the difference between price lines does not correspond with the 100 pips. Perhaps it is just my impression or just an example that the gentleman offers. Although I also see that what could fit, from my perspective, is that he is referring to pipos. Between the lines I think there is a difference of approximately 35 pips (350 pipos). I do not know if there is any term in English for this that I comment (pipos). Here in Spain it is known as the minimum amount that the price of a currency can vary. That referring to this case is the fifth decimal .. Example, a pipo is the tenth of a pip. That's why I say 35 pips is 350 pipos As I say, maybe I am missing some data and make mistakes because of that. =) Or it's a mental scratch of mine and it doesn't really even matter. XD Sorry if it is a stupid thing
@Expert4x3 жыл бұрын
As long as you understand the concepts the details in the video are not that important
@mindpowerunleashed71783 жыл бұрын
@@Expert4x You are right. Thank you very much sir for the knowledge.
@smashinglabu3942 Жыл бұрын
Can I trial this EA first before making purchase?
@Expert4x Жыл бұрын
Unfortunately not
@frztrading2 жыл бұрын
Grid trading nicely explained. TFS!
@Expert4x2 жыл бұрын
Glad you liked it
@LanceElCamino7981 Жыл бұрын
If you close for profit on let’s say a Long position, when do you go Long again?
@Expert4x Жыл бұрын
Long and short again. You should always make a gain no matter which way the market moves
@victorq53092 жыл бұрын
Thanks this is a very smart approach.
@Expert4x2 жыл бұрын
Glad it was helpful!
@victorq53092 жыл бұрын
@@Expert4x yes I learned this from a mentor and am applying it for scalping. I wanted to see another opinion, your opinion helps me to confirm how is used, anyway I use stops and only trade two of three assets. Very interesting how 00 and 50 are where the money is.
@magicmbongwa676524 күн бұрын
Hi Alex does the grid trend multiplier support volatility indices
@Expert4x24 күн бұрын
It was designed for Forex instruments - It has not been tested for other instruments
@magicmbongwa676523 күн бұрын
@Expert4x is there a measure difference between forex and indices
@amriksingh50032 жыл бұрын
Hi How can i buy this buy this bot. I am in australia and dont know ant thing about programming. Thanks
@Expert4x2 жыл бұрын
Hi Unfortunately it is not for sale to Australians
@henrim93482 жыл бұрын
@@Expert4x Which countries allow it? Any African country? just curious. Thanks
@nagaratnamsuthakaran36393 жыл бұрын
Thank you very much sir. Really learnt.
@Expert4x3 жыл бұрын
You are most welcome
@mikearmani211 ай бұрын
How do you trade both open and short positions on the same ticker
@Expert4x11 ай бұрын
Broker allow that - but not US brokers
@londonerwalks11 ай бұрын
Works great until the market starts trending hard in a unidirectional move. Then you start praying for your furthest away positions to come back into profit. You will blow up eventually with this strategy.
@Expert4x11 ай бұрын
Yes that can happen if you trade aggressive currencies with small grid sizes and big lot sizing - You will BLOW your account very quickly
@cozbek8810 күн бұрын
Hi. Adding some edge to this technique is mandotary otherwise it will blow your account. I never understand why entering trades with blindly, a major new will suck all months earnings.
@Expert4x9 күн бұрын
Yes this video is merely an introduction. Currency selection and Gap sizing are some of the critical success factors
@newbbietrader991811 ай бұрын
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
@Expert4x11 ай бұрын
It never needs to come back to delta - sadly, that is the point you are missing
@RogerKeulen5 ай бұрын
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)
@mamoot993 жыл бұрын
Not worth it if you are obsessed to be a trader. First, you can not compound your account due to fixing lot size to keep consistency Second, drawdown will fly to the moon on market fly or crash, means you will need the minimum lot size to avoid margin call. All together will give you a bit of profit as long as you do not withdraw in very long term, or decent profit with decent rate declaring bankruptcy. I wrote an ea and tested with historical data on eurusd. Worst case was on late 2014, a 10k account trade for 0.01 lot with 100pips grid result in 77% max drawdown and still in loss of 1k on late 2016. Last year's result is consistent and made a happy $17.
@Expert4x3 жыл бұрын
You can use the % of equity setting to compound your gains? Drawdowns and risk are 100% manageable thought the settings. This EA is 8 years old and traded rave about it
@Samson_8 Жыл бұрын
Very interesting strategy. However, I have one question. Do i need to set a stop loss?
@Expert4x Жыл бұрын
This system does not use stop losses
@jnanakshatriya6682 жыл бұрын
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 ?
@Expert4x2 жыл бұрын
You need to experiment with that - this is a random market EA
@paulcrisandcabahit39712 жыл бұрын
Hi sir! for AUDNZD, do you think 24 pips is far enough grid?
@Expert4x2 жыл бұрын
I don't know - it more important that you are personally happy with that gap size.
@Samchenz3 жыл бұрын
Hey! Awesome video! What is price keeps trending?
@Expert4x3 жыл бұрын
You will blow your account!!
@Readpeople28 Жыл бұрын
So how avoid this? because even most sideways pairs sometime never comeback?
@luismaldonado2892 Жыл бұрын
Con que agarres una tendencia alcista o bajista quemas la cuenta
@Expert4x Жыл бұрын
Not if you are a clever Trader that uses big and increasing gap sizes and non trending currencies
@josephzabroskychannel9973 жыл бұрын
One of those things when you look at it you say to yourself, "now that will work." If using the newest version it appears we have to use a particular broker - we can't use TD Ameritrade or some other broker? Can we use the GTM on a Mac rather than a PC? I heard you say in one of your videos that you teach how to do it manually - that would appear to be setting up buys and sells every how many pips? Lastly, if the market quickly moves or down in a big way beyond your grids, which my experience in the Forex has rendered many times (EUR/USD), this would appear to be a problem? Are there any other major downfalls to consider?
@Expert4x3 жыл бұрын
All OK - Try support for more information
@samuelmontypython83813 жыл бұрын
I've been doing manual grid trades for months on Binance (they don't offer the service), and third-party programs cost as much as $100/month which will kill your profits if you have low initial capital. Your grid size is at your own discretion, but typically 0.5-1.5% profit take is acceptable and frequent. For example, I've been grid trading ADA which is currently ranging from 80 cents to $1.25. I have about 50 grids (used to have 100) with a 1-penny difference (aka, buy at $0.80, $0.81, etc all the way up). My profit take at the lower price range is about 1 penny, and 2 pennies after about $1.10). If you're recycling your profits and making your grid size bigger over time, then first focus on increasing the grids closest to current market price range. As a disclaimer, it can be time-consuming to do it manually because you have to set alarms for price movements to set new grids after orders are completed, but once you have enough capital, you can either find an exchange that offers grid trading or buy a third-party bot as long as it doesn't cut into your profits too much.
@ChrisBarrLive3 жыл бұрын
@@samuelmontypython8381 what success have you had thus far with this Sam? Thanks
@samuelmontypython83813 жыл бұрын
@@ChrisBarrLive some days can be flat, like 0.3% overall gain, and some days are bigger. Yesterday I hit 3.2% but the day before was barely 0.4%
@ChrisBarrLive3 жыл бұрын
@@samuelmontypython8381 do you know how many trades you have done and the win rate/overall % growth? Thanks for the reply
@sniffableandirresistble Жыл бұрын
Bravo 👏
@Expert4x11 ай бұрын
Tranks
@sniffableandirresistble11 ай бұрын
@Expert4x tranks back ❤️
@christ7199 Жыл бұрын
How would you calculate the right grid size for SPY?
@Expert4x Жыл бұрын
Start with 50% of the Daily Range
@christ7199 Жыл бұрын
@@Expert4x the 5 day atr is around 5.00.
@christ71998 ай бұрын
So if SPY 5 day ATR is 5.00 use a 2.50 grid level?
@nobodyyoudknow90122 жыл бұрын
This only works in 3 levels and praying if it turns on the third level after that you’re braking even minus the spread.
@Expert4x2 жыл бұрын
Try to work it out in your mind, are you? That does not work - 20 years of trading the system helps much better
@jorgbrand404211 ай бұрын
You should post audited results of your trading over the last year
@Expert4x11 ай бұрын
Why? Who are you?
@jorgbrand404211 ай бұрын
If your trading is legit then posting results shouldn't be an issue
@linkerhoden933 жыл бұрын
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
@Expert4x3 жыл бұрын
Sorry I do not recommend brokers
@linkerhoden933 жыл бұрын
@@Expert4x which exchange do you use then?
@haha-vm6gi3 жыл бұрын
@@linkerhoden93 you mean FX currency right? He mentioned Eur/ Chf many times in the video! all the best,
@simonmulandi741211 ай бұрын
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.
@hanzzz54353 жыл бұрын
Can I test it on a demo before buying it??
@Expert4x3 жыл бұрын
Hanzz z, thank very much for your interest in our products. For more information about our products, how they work and how to purchase them please use this link. www.expert4x.com/expert4x-products/ If you like to have a look at our free Forex trading tools please watch this video kzbin.info/www/bejne/nl6Zf56cjMhkhZo All the Best Hanzz z - Alex
@jayl38403 жыл бұрын
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
@Expert4x3 жыл бұрын
The human mind is like a parachute - it only works when it is open
@frankdavidson40213 жыл бұрын
@@Expert4x 😂😂😂😂
@frankdavidson40213 жыл бұрын
@@Expert4x i know it doesnt work in the long term just like the martingale. However the answer was really clever
@beansandwiched3 жыл бұрын
If you read it carefully, the title doesn't state successfully profitable. It can even mean successfully bust your account. lol
@bewell47432 жыл бұрын
Very cool how much feedback you give to your video's comments.
@Expert4x2 жыл бұрын
In spite of having 50 000 subscribers I try to respond to every comment
@cchongchannel89433 жыл бұрын
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?
@Expert4x3 жыл бұрын
Yes time frame does not matter
@cchongchannel89433 жыл бұрын
@@Expert4x Thanks. Awesome!
@itdoesanimation3 жыл бұрын
What does EA mean?
@0ldCat3 жыл бұрын
@@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").
@cchongchannel89432 жыл бұрын
@@itdoesanimation EA = Expert Advisor, a forex trading robot.
@SufianLau2 жыл бұрын
When market goes up, you make money. When market goes DOWN, you loose money.
@Expert4x2 жыл бұрын
How can you? - You are buying and selling at the same time
@jackthegod998811 ай бұрын
Nice video , Any update on this system ?
@Expert4x11 ай бұрын
Please search for Grid Trend Multiplier expert4x on KZbin