Smart Grid EURGBP Optimised Nov 2023

Loryders88

I have a Trial of the smart-grid system, can I request some settings to try this system out? Maybe the EurGBP. I have registered on the webpage and the Support forum, but I can't download from this support forum, I get an error, {"errors":[{"status":"500","code":"unknown"}]} Can you see my email from my profile, rather than me posting it here.
Thanks, ATB

https://clickalgo.com/grid-hedge-robot

Sophia

Hi, we have corrected the issue with downloading files from this forum, please find an example setting for EURGBP

The backtest settings are as follows:

Start date 30.11.2022
End date: 30.11.2023
Starting capital: 1000
Spread: 0.5 pips

Results

1412 total trades
1389 winning
54 losing
Net profit 593 or 61%
Max balance drawdown: 5.00%
Max equity drawdown: 5.48%

smart-grid-eurgbp-1h.cbotset

3kB

.
You will need to learn how to both backtest and optimise settings in order to use this product, you will also need trading skills as it is not 100% fully automated.
.

Loryders88

Thanks for your help, I'll give this new data a go,
slowly getting up to speed on cTrader and it's features,
thanks to your videos.

ATB

Loryders88

STK

Hello!
I also bought the Smart Grid System these days and I downloaded these settings for EURGPB.

So I tested with m1 form server and with tick data. The results are extremely different. So, why you offer settings from m1 bar since the real market is with tick data? when we go live is like we are in tick data, right?
I'm a bit confused now because I don't know how is best to optimise. Tick data or m1? And why you don't offer settings for tick data since the product is not so cheap....?

Mike

Hi, the settings we provide are just example settings and not meant to be used for trading, you need to use the same start and end dates and the same backtest settings. With this product, you will need to learn how to optimise your settings for each symbol, this is explained on the product page.

https://clickalgo.com/grid-hedge-robot

tick data includes the spread, 1 min bar allows you to set a fixed spread, it is better to optimise with 1 min bar and then run a backtest with tick data, the results will not be the same, but it helps in the process. You can also optimise with tick data, but this takes much longer.

https://ctrader.info/d/1052-ctrader-tick-data-vs-m1-bars

We only offer example settings to show you how easy it is to optimise, these examples use 1 min bar as it's the quickest method to run the optimisations.

We do not offer settings with this product but prefer the customer to learn how to generate their settings at any time and for any symbol.

These systems are not fully automated, you will need to also use your trading skills.

We will create a video soon on the basics of optimising the smart grid quickly.

STK

Thank you Mike!

Can you explain, " is not fully automated"?. If I backtest 1 year, that is not fully automated in backtest?

Thanks in advance!

Mike

Sorry, I meant that I would not reply on any trading system 100% to manage your trades, you optimise the settings to increase the probability of successful trades in the future, but as the markets are very unpredictable yu need to also manage them using your trading skills when a market event occurs.

Yes, you can run the cBot and it will open, close and manage your trades automatically.

STK

Thank you!
Regarding the video that you will make about how to optimise, I can't wait for it since I already saw the first video that was made 3 years ago and I also read all the recommendations from the website and this forum.

The problem is that in the video It says to do first Dinapoli ONLY and after that to take one by one parameter VS this post where you say that you optimise many parameters same time. (https://ctrader.info/d/291-ctrader-smart-grid-system-optimisation/6).

I just hope that the next video will be more clear for everybody!

Thank you so much!

Admin

I will try and create the video today for you.

STK

It would be so nice! Many many thanks, dear Admin!

Admin

Here you go.

https://youtu.be/SCfhejC291g

STK

Thank you!

I will do exactly as you presented there, but in tick data, since in my broker, the results from m1 bar and tick data have huge differences.

All the best!

jimibt

whilst it is FASTER to optimize using m1 bars, is it not the case that taking a little longer and presenting an optimized set using tick data would better represent the market conditions?? I know that i have had numerous dissapointments when trailing systems which have used m1 bars to present the best light on the outcome.

anyway, will see how we go on tick data optimization, but thus far is varying hugely from m1 on ICM.. cheers
jim

Pipster

This all depends on what symbol you are trading, Forex there is not much difference between a 1-min bar and a tick, any symbol with large fluctuating spreads requires tick data optimisation. Its always best to start with 1 min bar and you the settings as a baseline for tick data to speed things up.

jimibt

thanks Pipster, whilst this certainly does speed things up i guess it really depends on the symbol. i'm more or less focussed on forex and XAU and find that any optimizations done on m1, even if targeting h1 or greater, tend to display quite varying differences when transferred over to tick data.. but as you say, m1 can assist in quickly removing any outlier parameters from the off. also, what if the implementation is fired on the On_Tick event, would that not skew any testing on m1 data vs tick data??

Pipster

This depends on the cBot logic, its best to use the ontick event to manage risk management and the onbar for trade actions, you can then choose a 1 hour TF to confirmations.

jimibt

Pipster - yes, that makes sense...

have a grt wknd!