in a word - scary....

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Jonnathan King of Digital Marketing Specialists LLC
Premier Providers of Network Marketing Software / MLM Software
The ULTIMATE return on your investment

about 6 months ago I had looked at a straight grid system that had a good argument going for it (if you spread the thing out over 3000 pips and never levered your account much and did not really want to make too much money every day and didn't mind paying out the nose in swaps) but if all that was no object it was a great system...

My thoughts on the grid was that the fatal flaws can be boiled down to two fixes....

#1 - you have to hedge the thing top and bottom.... i call it a collar... you must collar your range with a trade equal to the sum of lots going up from centerline or down from centerline if your referring to the low side. Lot size of the buy at the top = to the sum of all open sells and inverse for the sell at the bottom.

#2 - it is a really great idea NOT to use your own money to mark the grid out but to rather put on the trade ONLY after X amount of pips have been passed you buy and THEN return to your grid line...

so if the price shoots up 50 pips... nothing happens - till the price peaks and begins falling back down toward the centerline - then and only then are the trades put on...

If you could do those two things you might have a decent Grid Trader....

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Jonnathan King of Digital Marketing Specialists LLC
Premier Providers of Network Marketing Software / MLM Software
The ULTIMATE return on your investment

evidently we care about you enough to not let you blow your money on a system that is not sound.

Where did you go?

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Jonnathan King of Digital Marketing Specialists LLC
Premier Providers of Network Marketing Software / MLM Software
The ULTIMATE return on your investment

Hi! What setings do you use and what TF?

Levels = 10
TP = 20
Lots = 0.01
UseStopLoss = false

Time frame does not matter, as this EA is based on Price only.

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KillerKhan

no need to share..this method already existed before you were born...good luck

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FINEX Group - Swiss Regulated Broker

anybody noticed piji poasted an EA ?
I'm not using it because I dnt believe in martingale but I just wanted to thank piji for sharing his work and the "Feel free to modify coding inside" comment

In the last three pages I haven't laughed so hard for a long time. Christian artifacts, curve fitting results and people storming off like little kids.

The hilarity keeps building.

FxNorth

Agree

Hello,

Good job

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All long voyages always start from the first small steps ...