Hey,
So Im trying to test a strategy, and its basically a type of grid trading.
2 accounts: Trading the Same Currency Pair
*1 Long
*1 Short
You set a Grid of Limits: With Preset Take Profits & No Stop losses.
*Buy Limits below the price of the Long only account.
*And Sell Limits above the price on the Short only account.
*Reopen new orders once initial orders closed.
The actual trading is as simple as that, and I have been doing this manually. Results are mixed since I sleep and work and cant open orders all the time. With an EA, I'd be able to focus on the Hedging/Account Balancing that I plan to do manually.
I found a good EA tonight after hours looking, but its a bit incomplete.
Its called Carolco.
It can do alot of what I need. But it does NOT open new orders, either when:
*An order is opened and then closed.
*Price goes away from closest limit order.
heres a picture where the EA didnt open more orders as the price rose from 97.175 to 97.3XX
Its working more like a Script.
The original Carolco poster said in the first thread it would refresh new orders in.
If anyone can help pointing out what I did wrong or If its adjustable in Meta-editor please point me where to go.
Or if theres another Grid EA that can do what I'd like.
Another EA I looked at and tried was MakeGrid 193 which looked promising, but it would not work on my MT4.
So Im trying to test a strategy, and its basically a type of grid trading.
2 accounts: Trading the Same Currency Pair
*1 Long
*1 Short
You set a Grid of Limits: With Preset Take Profits & No Stop losses.
*Buy Limits below the price of the Long only account.
*And Sell Limits above the price on the Short only account.
*Reopen new orders once initial orders closed.
The actual trading is as simple as that, and I have been doing this manually. Results are mixed since I sleep and work and cant open orders all the time. With an EA, I'd be able to focus on the Hedging/Account Balancing that I plan to do manually.
I found a good EA tonight after hours looking, but its a bit incomplete.
Its called Carolco.
It can do alot of what I need. But it does NOT open new orders, either when:
*An order is opened and then closed.
*Price goes away from closest limit order.
heres a picture where the EA didnt open more orders as the price rose from 97.175 to 97.3XX
Its working more like a Script.
The original Carolco poster said in the first thread it would refresh new orders in.
If anyone can help pointing out what I did wrong or If its adjustable in Meta-editor please point me where to go.
Or if theres another Grid EA that can do what I'd like.
Another EA I looked at and tried was MakeGrid 193 which looked promising, but it would not work on my MT4.