Ok, I give you some tips how to create your grid. First you need my excel tool to calculate the drawdown. Don't forget to add the drawdown that you get from the pips of all lots until it buys a hedge.Yes correct. I noticed and tried with some strategies, what I know, for me, only FlexHybrid and Halfgrid can maintain, but must have a lot of equity. Now I've been trying "YourOwnSetting" for 2 weeks. May I know, if you use the "YourOwnSetting" strategy, how many SL/TP do you put in the setting? Or may I know, do you use EquityTP too?
The grid distance is different from the pair that you trade. For example the EURCHF has a ratio of 1:1 and EURAUD has 1:1.5 therefore the volatility in pips in the daily range is higher. Therefore the grid distance must be larger.
If the market is slow a lower grid distance is better. Like a car when you drive at low speed you use the first gear and at higher speed higher gears. Use the grid step multiplier to expand your grid size to match those conditions.
Use a lot multiplier to increase your lots in that way that a short movement in the right direction bring your basket at break even or profit. A higher lot multiplier need less trades a lower can have more trades.
I don't use SL or Drawdown SL Pct, I use hedge once and trade this situation manually. Hedging is better than losses. I have grids where this happen very rare, less than one time per year. This is just for emergency to limit drawdown to a fixed amount. Design a grid that doesn't consume more than 35% of your capital. Then you can trade 2 pairs in one account.
Use the DynEquityTP trailing function. Optimize that multiplier. This has a huge influence on your profit. Look for the FloatingTPPct parameter and optimize this, too.
Please exclude the trading time from 23 PM to 2 AM because the spreads are quite high.