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Old 01-28-2007, 10:21 PM   #1 (permalink)
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MakegridBE

Hi ppl,

Makegrid EA that was changed by Kokas...

This EA have the option of Put a Stop at x pips in profit in the grid.

Ex: if i enter at 1200 and i have BEPips=50.. and the option BEx=20... when i'm at 1250 the EA will put a stop order at 1220 + spreed.

Fast_cris
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File Type: mq4 MakeGrid193BE_b.mq4 (28.9 KB, 76 views)
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Old 02-04-2007, 11:20 PM   #2 (permalink)
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settings and options

Fast_Cris,

Thanks for posting the EA. If possible, I'd greatly appreciate it if you could define what the settings mean. For instance:

extern int gridOffset = 0; // positions are opened at price modulo GridSize and offset with this parameter.
// used essentially to enter at non round numbers
// the following flags set bounds on the prices at which orders may be placed
// this code was developed for and is kindly made public by Exc_ite2

extern double longGridCenter = 0; // defines the center point of a fixed width long grid
extern double shortGridCenter = 0; // defines the center point of a fixed width short grid

extern double longGridLow = 0; // defines the bottom of a fixed width long grid
extern double longGridHigh = 0; // defines the top of a fixed width long grid

extern double shortGridLow = 0; // defines the bottom of a fixed width short grid
extern double shortGridHigh = 0; // defines the top of a fixed width short grid

I'm not certain I understand what is meant when asked to define the centre point, top and bottom of a Fixed Width Short or Long grid .... please help.

Thanks

Doug
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Old 02-08-2007, 12:28 AM   #3 (permalink)
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Results

After two days trading this EA on a $5000 demo account with both the GBPJPY and the EURGBP, my balance is up $620, but I have a drawdown of over $2000 and growing. Note that I'm trading 0.1 lots.

The stop doesn't seem to work as I set the stoploss at "10", and I have several positions down over $200.

I'm still going to try other setups, but so far, this is not promising.

Doug
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Old 02-18-2007, 11:46 PM   #4 (permalink)
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Hi dcraig,

What is the settings you are using?

You only trade eur/gbp and gbp/usd?... try use more crosses...

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