This EA http://cdn.forexfactory.com/images/attach/mq4.gif swb grid 4.1.mq4
takes advantage of small retraces in price. I've only back tested on the EUR/USD but it does well even through the chaos of Oct. of 2008. Limit your lot size and don't go more than 7 or 8 levels. I need a change in the code however to make this EA more profitable. As it's coded now, at TP it closes the largest lot first ( that's good) but then it pokes around closing the rest of the open trades. It looks like it closes one trade at a time with each tic in price. While it's poking around closing trades, price is moving against you a lot of the time and this cuts into your profit for the group of trades. Could someone alter the code to close all open trades at TP at exactly the same time at the same price. thank you
takes advantage of small retraces in price. I've only back tested on the EUR/USD but it does well even through the chaos of Oct. of 2008. Limit your lot size and don't go more than 7 or 8 levels. I need a change in the code however to make this EA more profitable. As it's coded now, at TP it closes the largest lot first ( that's good) but then it pokes around closing the rest of the open trades. It looks like it closes one trade at a time with each tic in price. While it's poking around closing trades, price is moving against you a lot of the time and this cuts into your profit for the group of trades. Could someone alter the code to close all open trades at TP at exactly the same time at the same price. thank you