Money-Grid v3

[navtis]

Can I suggest you take a look at Money-Grid? (for some reason I'm not allowed to include a link to it - can't think why, it's not a secret…). They say
>uses a unique grid trading method. This unique grid method in combination with a martingale lot multiplier makes this Expert Advisor a winning auto trade system. The major advantage of this Expert Advisor is the limited amount of risk involve.< [sic]
So a dangerous Martingale with a dead-man's-handle? Maybe…

[PipCop]

Sure. Although as a new user you can't post links, please post the domain name so I can check it out.

[PipCop]

Update - site link is http://www.pro-fx-experts.com/Produc...Money-Grid.htm

[david.jukl]

I am currently testing this EA. Looks promising. Look at http://www.profijet.cz/data/grid/statement.htm There´s a forward test

[david.jukl]

Has anyone tried Money Grid? I got 10% return in first week of forward test

[rsmereka]

Has anyone tried Money Grid? I got 10% return in first week of forward test

I bought V2 of Money Grid in Oct of 2008. It blew a 10,000 demo account in less than a month.

Rick

[david.jukl]

Rsmereka: Thank you. I think it works like Robominer. System is the same, but on another currency pair

[rsmereka]

I think it works like Robominer. System is the same, but on another currency pair

It is similar to RoboMiner but it has a Martingale core which doubles the lot sizes of losers in anticipation of a turn around. RoboMiner activates new orders when the market moves against it but never changes the lot size except when profit has been earned.

I don't know if Money Grid V3 is any better. I took a look at the statement from the link that you were kind enough to provide and the time frame is very short . The statement only covers the period Feb 10 to today which is less than a week.

Rick

[david.jukl]

Thank you for explanation. On http://www.pro-fx-experts.com/Produc...Money-Grid.htm they don´t write much about the system - how it works :-(

Yes, it´s true that I am testing this demo for only short time. I´ll see how it will continue. Author recommends any timeframe you want, so I chose M1 and 4 currency pairs, that can maximalize the possible risk.

[jsp]

The test on their website uses smaller leverage than your demo account. It's a "micro-mini" account, which is only available at Internbank FX and maybe one or two other brokers as far as I know.

That's probably the safest way to trade this kind of EA, but my broker (FXDD) doesn't offer leverage that low.

Their test only shows 2 days of results, though--from the end of September 2008. I wonder why?

Originally Posted by david.jukl

Thank you for explanation. On (link removed due to lack of posts) they don´t write much about the system - how it works :-(

Yes, it´s true that I am testing this demo for only short time. I´ll see how it will continue. Author recommends any timeframe you want, so I chose M1 and 4 currency pairs, that can maximalize the possible risk.