£729.55 DD is a lot with a starting fund of £500. If the DD had come during the first month of testing it would have crashed the account and the backtest would show a vertical line at that point.

Accumulative Profits Grid System

@safrash 1- First I look at the Equity Gain of the day (i.e. Closed Profit minus Floating Loss). 2. If Equity Gain > 5%, then I start closing floating loss trades one-by-one until there are only 3 open buy and 3 open sell trades left. It keeps the ...

Accumulative Profits Grid System

I close ONLY the most toxic trades (i.e. with largest DD) when the NET profit of the day has reached +5% (then "rinse & repeat") and also at the end of the day as long as it does not singificantly reduce closed profits of the day. It is good to ...

Accumulative Profits Grid System

EUR/GBP forward test - Video Part 1 strategy - as of now (see also Trade Explorer): Risk can be reduced by lower lot sizes, larger steps, but also trading it from 6 PM to 6 AM GMT making "just" 1-2% a night while Europe sleeps... image image

Accumulative Profits Grid System

Correct! Lot size, grid size and TP all matter and there are infinite number of combinations. Keeping TP very low is also a way to take care of large losers and to avoid major DD. It will be a difficult task to figure out the best combinations, and ...

Accumulative Profits Grid System

It depends on the lot size... Some previous experiments showed the best results - to be able to close the most "toxic" trades at a rapid rate - by using 3-5 pips grids... We shall see...

Accumulative Profits Grid System

Yes, EURUSD would have crashed the 1-pip grid account... EUR/GBP seems to be less volatile and better suited with a 3-pip grid.

Accumulative Profits Grid System

@kilion I don't backtest for now, I do only forward test. But if I did backtests, I would use M1 setting. I am showing my forward test on M5 chart for better viewing (M1 would be very crowded). For the EA it does not matter as it does not use any ...

Accumulative Profits Grid System

Slow trend (with regular retracements) is not a problem. You can see that losing SELL trades have been gradually eliminated with the slow uptrend. image

Accumulative Profits Grid System

@Jaisingh This is an experimental demo account, so I keep it running 24/5 and I manually close all open trades when there is a NET 5% PROFIT, then "Rinse & Repeat". This account is anticipated to crash, so please DO NOT trade these parameters live. ...

Accumulative Profits Grid System

@keydcuk As far as I know MT4 backtest "tick data" are only virtual tick data with "tick mode" testing. With 5-Minute testing the MT4 uses 4 data of each 5-minute candle: Open, High, Low, Close, and the price movements inside each M5 candle are ...

Accumulative Profits Grid System

@Matraguna Agree, backtests should be used only with lots of reservations and optimistic scepticism. And thanks for pointing it out.

Accumulative Profits Grid System

@keydcuk Thanks for the settings. I agree that keeping TP low will keep the DD away... Would you mind also sharing the LOT SIZE and the ACCOUNT SIZE you used for the backtest with the mentioned parameters? P.S. I would be VERY curious to see your ...

Accumulative Profits Grid System

@IngussB Thanks for the backtest! What might be a practical problem (for most traders) is a $50k account... Would you mind running another test on a 1-Minute chart and with a MUCH SMALLER TP (e.g. $2)...? It might give better results...

Accumulative Profits Grid System

I WOULD DO EXACTLY LIKE THAT!

Accumulative Profits Grid System

I disagree, because with the above assumptions ans "crash accepting strategy" I would have 5x reserve funds to able to restart after each crash...

Accumulative Profits Grid System

Well said! That is what FF is about.

Accumulative Profits Grid System

@PipBank If the concept does not work long term, would you be so kind sharing the EA...? P.S. As mentioned before, if the account crashes 4x a year, but makes 100% a month, it is still 800% profit a year. In other words: a few crashes "here and ...

Accumulative Profits Grid System

I think that is exactly REMON'S idea but without the "channel" part and without the "preset" sellstop/buystop orders. In my opinion this strategy works very well in the "channel", too. Furthermore, as I have mentioned in Post 1242 the strategy's ...

Accumulative Profits Grid System

Today's trades: +649 Euros NET profit as of now (also see Trade Explorer). image image

Accumulative Profits Grid System