Author Topic: GRIDMEUPFX (Read 6480 times)

cybman · « **on:** August 17, 2011, 01:50:43 am »

New bot using grid strategy with news filter

appears to be an optimized version of indorun

Seems ok and is cheap 20$

Link to the bot http://gridmeupfx.is-leet.com/

what you think guys to risky?

regards.

burtgummer · « **Reply #1 on:** August 17, 2011, 02:14:48 am »

Interesting, but that DD on the forward test is brutal.

999cjb · « **Reply #2 on:** August 17, 2011, 05:50:44 am »

A grid system with multiple trades open plus martingale plus zero SL to the broker.

It would be safer to jump out of a plane with no parachute.

I wish I was a broker. I'd give this EA free to all my clients and watch the money roll in.

tigpips · « **Reply #3 on:** August 17, 2011, 05:54:47 am »

Quote from: 999cjb on August 17, 2011, 05:50:44 am

A grid system with multiple trades open plus martingale plus zero SL to the broker.

It would be safer to jump out of a plane with no parachute.

I wish I was a broker. I'd give this EA free to all my clients and watch the money roll in.

lol 999cjb

rippa · « **Reply #4 on:** October 05, 2011, 11:55:26 pm »

Anybody here using this one?

http://www.myfxbook.com/members/odrisb/gridmeupfx-2011/107990

hammy · « **Reply #5 on:** October 06, 2011, 03:22:49 am »

Quote from: cybman on August 17, 2011, 01:50:43 am

New bot using grid strategy with news filter

appears to be an optimized version of indorun

Seems ok and is cheap 20$

Link to the bot http://gridmeupfx.is-leet.com/

what you think guys to risky?

I think for that price , you should buy 2 !!..

regards.

I think for that price , you should buy 2 !!..

donnaforex · « **Reply #6 on:** October 06, 2011, 05:51:11 am »

Looks familiar, i swear this was on the forum before but i cannot find it. It's a free website, look at the domain, is-leet.com , they haven't even bothered to spend $10 on a domain name (admittedly this might put the price up from $20 to $22 assuming they want to attract a mere 10 copies). It just seems very strange to me that a credible vendor who is a trader and spends time and money developing a system would use this kind of site to present themselves to the world, all for the sake of $10.

Their myfxbook stats look OK though. The word "grid" is making me nervous when considering the state of the world economies right now, but his results are good and his floating drawdown is currently very low which actually surprised me, would be interesting to keep an eye on that to see how it goes.

donnaforex · « **Reply #7 on:** October 06, 2011, 05:52:15 am »

ok just did see the drawdown on myfxbook, it's not good. Definitely a standard type grid system, pretty scary.

999cjb · « **Reply #8 on:** October 06, 2011, 06:00:03 am »

I have tested the free version using 99% tick data since 2007.

It has lost half the account 3 times but hasn't actually blown it. It even survived the "big dipper" in late 2008.

But I'd never personally run any EA with zero SL to the broker as I've said many times before.

soulfire · « **Reply #9 on:** October 06, 2011, 10:11:37 am »

I'm live testing the enhanced version of Grid Me Up now.

Here is another account trading GMU at high risk - 1000% up in 2 months:
http://www.myfxbook.com/members/TheFrenchFrog/gridmeupfx-enhanced-real/144932

Definately one to make regular withdrawals to lock in the profit.

Obviously Brendan isn't in it for the money as the price is really a token amount. That also explains his modest marketing approach.

bubo · « **Reply #10 on:** October 07, 2011, 09:10:12 pm »

Quote from: 999cjb on October 06, 2011, 06:00:03 am

I have tested the free version using 99% tick data since 2007.

It has lost half the account 3 times but hasn't actually blown it. It even survived the "big dipper" in late 2008.

But I'd never personally run any EA with zero SL to the broker as I've said many times before.

Problem is that you are backtesting what the vendor had optimized. This is circular and not a test of independent data, just confirming the vendor had done his homework.

SaudiPsycho · « **Reply #11 on:** October 11, 2011, 01:07:25 pm »

ooochh , that hurts ,
Account blown up !

http://www.myfxbook.com/members/TheFrenchFrog/gridmeupfx-enhanced-real/144932

cybman · « **Reply #12 on:** October 11, 2011, 01:16:10 pm »

using lot 0.25 with 1000� of deposit are you joking right?

with a grid system this is easy to blow an account

the vendor recommend 0.02 with 3000�

AndyI7 · « **Reply #13 on:** October 11, 2011, 01:36:21 pm »

I was looking for new ways to empty my account. I'm in baby, lol....

DiF0r · « **Reply #14 on:** October 11, 2011, 01:44:25 pm »

Quote from: SaudiPsycho on October 11, 2011, 01:07:25 pm

ooochh , that hurts ,
Account blown up !

http://www.myfxbook.com/members/TheFrenchFrog/gridmeupfx-enhanced-real/144932

Account blown but look at the profits he made in 2 months and was even able to withdraw $1k.

Deposits: �242.50
Withdrawals: �1000

But it's a high risk system anyway..

Author Topic: GRIDMEUPFX (Read 6480 times)

cybman

GRIDMEUPFX

burtgummer

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999cjb

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tigpips

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rippa

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hammy

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donnaforex

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soulfire

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