I was wondering if someone can create a custom ea based on mer071898's thread located here. http://www.forexfactory.com/showthread.php?t=551382
There is an ea that I am using and it was provided by Vlad13685 and shared by me in the above thread on page 12 post # 223. This ea does everything based on original rules. I would like a modified version so that I can control draw-down and have other built in safety features. Here are the things I would like to see:
Enter and exit per original rules. - the ea should enter and exit per original rules but instead of taking every entry after every box it should give more control, such as:
1. Spread out subsequent entries by at least 10 pips - Grid Size - Entries must be at the open of next candle after box appears. If less than 10 pips entry is skipped, if greater then enter.
2. Be able to specify how many entries per grid - 10 at 0.01, 10 at 0.02, 5 at 0.03, etc.
3. Max Grid Size in pips - In case of a strong move against or to protect account.
4. Break even option - This is when deep in DD but the trend changed and you want to risk leaving it open to get out at break even instead of the exit box.
5. Max Stop Loss in pips or percentage of account.
6 Continue trading after Frankfurt/London - ea would continue to trade, meaning after it closed out all the Frankfurt/London trades it would take new trades after new boxes appear. This is Yes/No. If no then it would trade per rules of original thread, then stop and reset after specified time. See original ea settings.
7. Someone asked about adding a FIFO option. Not sure how this would work, maybe a future addition.
I'm open to other suggestions and additions. I know there are a number of us over there using this method with special requests.
If anything is unclear I'll be around to answer questions. Thank you.
There is an ea that I am using and it was provided by Vlad13685 and shared by me in the above thread on page 12 post # 223. This ea does everything based on original rules. I would like a modified version so that I can control draw-down and have other built in safety features. Here are the things I would like to see:
Enter and exit per original rules. - the ea should enter and exit per original rules but instead of taking every entry after every box it should give more control, such as:
1. Spread out subsequent entries by at least 10 pips - Grid Size - Entries must be at the open of next candle after box appears. If less than 10 pips entry is skipped, if greater then enter.
2. Be able to specify how many entries per grid - 10 at 0.01, 10 at 0.02, 5 at 0.03, etc.
3. Max Grid Size in pips - In case of a strong move against or to protect account.
4. Break even option - This is when deep in DD but the trend changed and you want to risk leaving it open to get out at break even instead of the exit box.
5. Max Stop Loss in pips or percentage of account.
6 Continue trading after Frankfurt/London - ea would continue to trade, meaning after it closed out all the Frankfurt/London trades it would take new trades after new boxes appear. This is Yes/No. If no then it would trade per rules of original thread, then stop and reset after specified time. See original ea settings.
7. Someone asked about adding a FIFO option. Not sure how this would work, maybe a future addition.
I'm open to other suggestions and additions. I know there are a number of us over there using this method with special requests.
If anything is unclear I'll be around to answer questions. Thank you.