Yes, that is as complex for me as "Korean"... But the below strategy is probably more complex than that: image

Accumulative Profits Grid System

What part can be complex...? It is not that difficult... at least before we hit age 60...

Accumulative Profits Grid System

Well, as far as I am concerned, I would prefer to pick a Victoria's Secrets model instead...

Accumulative Profits Grid System

I think you have nailed it: "You are considered dumb immediately unless you are on the A list."

Accumulative Profits Grid System

@keydcuk 10 minutes ago your post was still there...!! Oooooops!! Apparently I was right... "You got fired." And I agree, it was relevant based on the screenshot you had posted on SHF.

Accumulative Profits Grid System

image

Accumulative Profits Grid System

Or... You will be fired (from SHF) for pointing it out... image

Accumulative Profits Grid System

Yes. An approval from Steve Hopwood (+ coding it into an EA) means that Remon's method has real potentials.

Accumulative Profits Grid System

Thanks! I meant "SELL LIMIT"... With SELL LIMIT orders each sell trade is placed 2 pips higher (then using SELL market), so in total 2 pips less total movement is needed to complete a profitable basket. However, if the TOP SELL is missing, the EA ...

Accumulative Profits Grid System

There are many potential scenarios, depending on GridStep. If one used a 10-pip GridStep with 0.1 lot, the missed SELL trade at the very top would mean missing out on $20 profit during a TWO GridStep (20 pips) retracement. (In Remon's Videp Part 2 ...

Accumulative Profits Grid System

Remon is still the most interesting man on ForexFactory: image

Accumulative Profits Grid System

Correct! If the spread is <10 points... But on many suitable pairs it is much more than that. In my opinion the impact of a missing SELL trade from the top (or a missing BUY from the very bottom) can be significant with a 10 pip grid...

Accumulative Profits Grid System

It also means that when price goes up you get your BUY STOP order filled, BUT if price fails to move higher (by at least spread) your SELL LIMIT will not get filled. It means that a BUY order will get stuck on the top without an offsetting ...

Accumulative Profits Grid System

Should anybody be interested in Steve's EA "debugging" process and the topic about this EA on "SHF", here is the link: http://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=5&t=4672 To be able to download files from Steve's website, you have to ...

Accumulative Profits Grid System

GOOD NEWS! Steve Hopwood - the owner of www.stevehopwoodforex.com - has coded Remon's "Video Part 2" and the EA was generously made available for the public in MQL4 format free of charge. Please find it enclosed. And most importantly: Don't forget ...

Accumulative Profits Grid System

@AcerPhoon Congratulations! Although I will continue my current experiment until the account is crashed, my next week project is the following (until Remon's "Part 2" EA is out): 1. Same EA (by Voldemar; in Post No. 241). 2. Same EUR/GBP. 3. Smaller ...

Accumulative Profits Grid System

Well said, Magix! The best Forex saying of the day!

Accumulative Profits Grid System

@safrash It depends on many factors (especially on Step size). In my current EUR/GBP experiment I would have considered 6+ accumulated SELL trades as toxic. So - using today's example - after getting the 6th SELL trade, EA would have switched into ...

Accumulative Profits Grid System

@soeasy69 You are right absolutely right about it...! One solution might be that above "X" number of accumulated Buy or Sell trades (after which they might become "toxic") the EA switches into "safe mode". In "safe mode" the EA would use ALL new ...

Accumulative Profits Grid System

As anticipated, the floating DD is pretty large. As mentioned on the screenshot, small profit takings during the uptrend should have been used partially to close toxic sell trades according to "Video Part 2"... Ranging markets are ESSENTIAL for this ...

Accumulative Profits Grid System