I just looked at this thread posted earlier here by Christian - Looks vaguely promising, Its by a guy named Willama. http://www.forexpeacearmy.com/forex-...ng-system.html

Someone has made an EA for that alread (Attached) But I dont think the ea yet confirms to what the author outlined as the system
*
Can any of us here make an EA conforming to the author's ideas?
*
Warm Regards

Shiva
http://www.nyfx.org
http://www.dubaitradeguide.com
http://www.tradeguide.cn

In the thread the EA didn't work, and the person that made it was re-working it.

Stephen


----- Original Message -----
From: Shivanand
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Sent: Tuesday, June 24, 2008 12:10 PM
Subject: [MT_E and I] Has any one seen this Grid builder thread?


I just looked at this thread posted earlier here by Christian - Looks vaguely promising, Its by a guy named Willama. http://www.forexpeacearmy..com/forex...ng-system.html

Someone has made an EA for that alread (Attached) But I dont think the ea yet confirms to what the author outlined as the system



Can any of us here make an EA conforming to the author's ideas?



Warm Regards

Shiva
http://www.nyfx.org
http://www.dubaitradeguide.com
http://www.tradeguide.cn

Worked very well on my demo banking 105 pips and at one point it simply closed all orders with positive equity and went for a smoke

Warm Regards

Shiva
http://www.nyfx.org
http://www.dubaitradeguide.com
http://www.tradeguide.cn

--- On Tue, 6/24/08, Stephen Craig <stephencraig (AT) austin (DOT) rr.com> wrote:

From: Stephen Craig <stephencraig (AT) austin (DOT) rr.com>
Subject: Re: [MT_E and I] Has any one seen this Grid builder thread?
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Date: Tuesday, June 24, 2008, 10:14 AM







In the thread the EA didn't work, and the person that made it was re-working it.
*
Stephen
*
*

----- Original Message -----
From: Shivanand
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Sent: Tuesday, June 24, 2008 12:10 PM
Subject: [MT_E and I] Has any one seen this Grid builder thread?








I just looked at this thread posted earlier here by Christian - Looks vaguely promising, Its by a guy named Willama. http://www.forexpea cearmy.com/ forex-forum/ forex-trading- systems-strategi es/2397-williama s-trading- system.html

Someone has made an EA for that alread (Attached) But I dont think the ea yet confirms to what the author outlined as the system
*
Can any of us here make an EA conforming to the author's ideas?
*
Warm Regards

Shiva
http://www.nyfx. org
http://www.dubaitradeguide .com
http://www.tradegui de.cn

The EA from the thread is just to help setup trades in both directions at
the same time, it's not a Ron Popeil type EA.

I see no reason why someone couldn't code the whole idea in to an EA though.

On Tue, Jun 24, 2008 at 1:14 PM, Stephen Craig <stephencraig (AT) austin (DOT) rr.com>
wrote:

> In the thread the EA didn't work, and the person that made it was
> re-working it.
>
> Stephen
>
>
>
> ----- Original Message -----
> *From:* Shivanand <shivanund (AT) yahoo (DOT) com>
> *To:* MetaTrader_Experts_and_Indicators (A...oups (DOT) com
> *Sent:* Tuesday, June 24, 2008 12:10 PM
> *Subject:* [MT_E and I] Has any one seen this Grid builder thread?
>
> I just looked at this thread posted earlier here by Christian - Looks
> vaguely promising, Its by a guy named Willama.
> http://www.forexpeacearmy.com/forex-...ng-system.html
>
> Someone has made an EA for that alread (Attached) But I dont think the ea
> yet confirms to what the author outlined as the system
>
>
>
> Can any of us here make an EA conforming to the author's ideas?
>
>
>
> Warm Regards
>
> Shiva
> http://www.nyfx.org
> http://www.dubaitradeguide.com
> http://www.tradeguide.cn
>
>
>

I read most of the thread, as I find it very interesting, and apparently
this version of the EA is not quite correct according to the strategy. If
you read a page or two after the EA was posted, you'll see williama
mentioned that the EA does not place trades correctly and then sent a better
explanation of the strategy. I don't have the time to find the bugs in here
at the moment, but basically it amounts to the following, and if some-one
can code it and send it here for testing, it would be great!!



Basicall the rules are as follows:



At a given time / price, work out the 3 levels up and down, and open 6
pending orders - 3 buy at the top, and 3 sell at the bottom, so you have the
levels:



Top3

Top2

Top1

Middle (current Price)

Bottom1

Bottom2

Bottom3



Now when price hits any of the levels, open another pending order (he
indicated at twice the price of the original order) at every one of the
other levels - including the middle one, if you want to. He didn't indicate
whether the middle should be buy or sell, but I assume if price hit Top1,
then it would have to be a sell stop, otherwise it would have to be a buy
limit, and he did not talk about any limit orders.



I think this holds a lot of promise. Thomas / Turbano, maybe we can try to
fix this?



Hope that helps!!

Regards

Eben





From: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
[mailto:MetaTrader_Experts_and_Indicators (AT) yahoogroups (DOT) com] On Behalf Of
Mantorp
Sent: 24 June 2008 07:21 PM
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Subject: Re: [MT_E and I] Has any one seen this Grid builder thread?



The EA from the thread is just to help setup trades in both directions at
the same time, it's not a Ron Popeil type EA.

I see no reason why someone couldn't code the whole idea in to an EA though.

On Tue, Jun 24, 2008 at 1:14 PM, Stephen Craig <stephencraig (AT) austin (DOT) rr.com>
wrote:

In the thread the EA didn't work, and the person that made it was re-working
it.



Stephen

Is this in any way similar to the FX Trap EA that someone had posted here about a year ago?* I see that he had mentioned "trapping" the price in a certain way, which seems to be a similar setup to the FX Trap which also tried to trap price with multiple orders.* Can't remember the author of FX Trap though.

--- On Wed, 6/25/08, Eben Brand <eben.brand (AT) gmail (DOT) com> wrote:

From: Eben Brand <eben.brand (AT) gmail (DOT) com>
Subject: RE: [MT_E and I] Has any one seen this Grid builder thread?
To: MetaTrader_Experts_and_Indicators (A...oups (DOT) com
Date: Wednesday, June 25, 2008, 8:51 AM








I read most of the thread, as I find it very interesting, and apparently this version of the EA is not quite correct according to the strategy. If you read a page or two after the EA was posted, you’ll see williama mentioned that the EA does not place trades correctly and then sent a better explanation of the strategy. I don’t have the time to find the bugs in here at the moment, but basically it amounts to the following, and if some-one can code it and send it here for testing, it would be great!!
*
Basicall the rules are as follows:
*
At a given time / price, work out the 3 levels up and down, and open 6 pending orders – 3 buy at the top, and 3 sell at the bottom, so you have the levels:
*
Top3
Top2
Top1
Middle (current Price)
Bottom1
Bottom2
Bottom3
*
Now when price hits any of the levels, open another pending order (he indicated at twice the price of the original order) at every one of the other levels – including the middle one, if you want to. He didn’t indicate whether the middle should be buy or sell, but I assume if price hit Top1, then it would have to be a sell stop, otherwise it would have to be a buy limit, and he did not talk about any limit orders.
*
I think this holds a lot of promise. Thomas / Turbano, maybe we can try to fix this?
*
Hope that helps!!
Regards
Eben
*
*


From: MetaTrader_Experts_ and_Indicators@ yahoogroups. com [mailto:MetaTrader_ Experts_and_ Indicators@ yahoogroups. com] On Behalf Of Mantorp
Sent: 24 June 2008 07:21 PM
To: MetaTrader_Experts_ and_Indicators@ yahoogroups. com
Subject: Re: [MT_E and I] Has any one seen this Grid builder thread?
*



The EA from the thread is just to help setup trades in both directions at the same time, it's not a Ron Popeil type EA.

I see no reason why someone couldn't code the whole idea in to an EA though..

On Tue, Jun 24, 2008 at 1:14 PM, Stephen Craig <stephencraig@ austin.rr. com> wrote:





In the thread the EA didn't work, and the person that made it was re-working it.

*

Stephen


*

*