Quote:
Originally Posted by matouka
Hi all,
Pretty new to all this. I can't seem to go past the potential of the MakeGrid system mentioned early on in the thread.
Having backtested it and tested it on a Demo account. All looks fantastic from 01-04 to 12-05 then it all falls apart. What's that all about? Is the market changing from a ranging to a tranding market? If so could someone explain to me why a grid system wouldn't work in a trending market?
Cheers  |
Simple put a grid type strategy is not a set it and forget it type of EA. You must have an administrative attitude towards it and cull the straggler trades that are far away from the market price. You must manage the margin basically, if you can do so then it's probably one of the longer lasting EA's. Your expectations are to be long term and more then likely looking towards 5% return per month if you want to do so relatively safely.