Flexy Grid EA (Grid Trading) | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Grid - New indicator that replaces chart grid 60 replies

Grid (not grid system) or horizontal lines indicator 6 replies

Grid, Burst Grid, Grid Risk and Grid Profit 1 reply

Double Time Grid and Pip Grid 0 replies

Grid Trading 2 replies

Attachments: Flexy Grid EA (Grid Trading)
Exit Attachments

Flexy Grid EA (Grid Trading)

  • #341
  • Jul 15, 2017 10:30pm Jul 15, 2017 10:30pm
Quoting yousername
{quote} Correct, make sure before the _1A or _2B etc, there's a name. _1A, _2B are a command word that follows after the Name So like this. LINE_1A LINE_2B etc When you execute 2B, it will executes a BUY GRID with GRID STYLE 111
is the horizontal lines bug fix where the previous line still activates a new entry. (I can’t test on live yet as market is not open
Self discipline It is a practice
  • #342
  • Jul 15, 2017 10:48pm Jul 15, 2017 10:48pm
Quoting okshop
{quote} is the horizontal lines bug fix where the previous line still activates a new entry. (I cant test on live yet as market is not open
Yes, once a price executes the Horizontal line, Flexy Grid removes COMMANDS (i.e. _2B) from the Horizontal's name. So that way when Flexy Grid touches that particular line again, it won't open another of the same grid twice,thrice,infinity
This is not investment/trading advise. Will not hold accountable for loss
  • #343
  • Edited 11:38pm Jul 15, 2017 11:17pm | Edited 11:38pm
Quoting yousername
Probably in the next 1 or 3 versions of FlexyGrid. You will be able to send command/task lists to FG just like how you do it on SIRI/Virtual Assistance.
Here are the several command that I'm planning to create

FG = Flexy Grid's short name
TASK = Task list
#= Order of the task

FG_TASK_#

So
FG_TASK_1_2B_OPEN_PRICE_XXXXX
FG_TASK_2_CLOSE_PRICE_XXXXX
FG_TASK_3_2B_OPEN_TIME_XXXXX
FG_TASK_4_CLOSE_PROFIT_XXXXX_MONEY
FG_TASK_5_2B_OPEN_TIME_XXXXX
FG_TASK_6_CLOSE_PROFIT_XXXXX_PIPS

Another command will be Initialize button. FG will initialize listed buttons whenever template changed or MT4 rebooted
FG_INITAILIZE BUTTONS_BREAK EVEN_MANUAL_USE LINES_111
You have to list the BUTTONS name after "INITIALIZE BUTTONS". Also you don't have to put it in order.
Let say if you don't type "BREAK EVEN", it won't turn on that button.

Here's an example on initalize AUTOMATIC and START button. So that mean everytime the MT4 got rebooted, FG will start the AUTOMATIC EAs function and the other buttons that are not in the INITIALIZE COMMAND, FG will not turn it on.
FG_INITIALIZE BUTTONS_AUTOMATIC_START
This is not investment/trading advise. Will not hold accountable for loss
  • #344
  • Jul 16, 2017 12:27am Jul 16, 2017 12:27am
Attached Image (click to enlarge)
Click to Enlarge Name: rich_thebfg_header_poststreet_ce6aaebd.jpeg Size: 539 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #345
  • Jul 16, 2017 12:36am Jul 16, 2017 12:36am
Quoting yousername
{quote} Correct, make sure before the _1A or _2B etc, there's a name. _1A, _2B are a command word that follows after the Name So like this. LINE_1A LINE_2B etc When you execute 2B, it will executes a BUY GRID with GRID STYLE 111

Hi Yousername,

Thanks for your reply, I will try it out on demo and let you know how I get on.
  • #346
  • Edited 1:23am Jul 16, 2017 12:47am | Edited 1:23am
Quoting yousername
{quote} {quote} {quote} At the Breakeven button trigger doesn't stop the automatic trade yet because I want to place my focus to MANUAL trading mode before we go FULLY AUTOMATION I also applied some cosmetic changes 1. The MANUAL and AUTOMATIC button stays green because there's no need for it to change color to red. You can tell it's manual and automatic by seeing the BUY/SELL/CLOSE button. When you see those 3 buttons then, it's a MANUAL mode. 2. I removed TRADING WITH LINE and TRADING STYLE out of the grid info (top right corner) Any how here...
NEW UPDATE to FlexyGrid 1.9

Now you can Breakeven based on 3 statements
PIPS, MONEY AMOUNT and OPENED/EXECUTED ORDERS.
If one of the 3 statements is true, then the Breakeven function will start working.
Attached Image (click to enlarge)
Click to Enlarge Name: 18.png Size: 64 KB


You also can modify the SLIPPAGE and SPREAD.

If the MARKET SPREAD > your SPREAD then no grid will be open thus the SPREAD info color becomes red.
Else you will be able to open a GRID, and the SPREAD info color becomes green
Attached File(s)
File Type: ex4 FLEXY GRID_1.9.ex4   115 KB | 487 downloads
This is not investment/trading advise. Will not hold accountable for loss
  • #347
  • Jul 16, 2017 1:29am Jul 16, 2017 1:29am
Quoting yousername
{quote} NEW UPDATE to FlexyGrid 1.9 Now you can Breakeven based on 3 statements PIPS, MONEY AMOUNT and OPENED/EXECUTED ORDERS. If one of the 3 statements is true, then the Breakeven function will start working. {image} You also can modify the SLIPPAGE and SPREAD. If the MARKET SPREAD > your SPREAD then no grid will be open thus the SPREAD info color becomes red. Else you will be able to open a GRID, and the SPREAD info color becomes green {file}
As you can see in the screenshot the "BREAKEVEN" info text is green which means that the Breakeven has been triggered.
Why? Because there are already 5 opened orders.

Attached Image (click to enlarge)
Click to Enlarge Name: 19.png Size: 45 KB
Attached File(s)
File Type: ex4 FLEXY GRID_1.9.ex4   115 KB | 294 downloads
This is not investment/trading advise. Will not hold accountable for loss
  • #348
  • Jul 16, 2017 1:31am Jul 16, 2017 1:31am
Quoting yousername
{quote} NEW UPDATE to FlexyGrid 1.9 Now you can Breakeven based on 3 statements PIPS, MONEY AMOUNT and OPENED/EXECUTED ORDERS. If one of the 3 statements is true, then the Breakeven function will start working. {image} You also can modify the SLIPPAGE and SPREAD. If the MARKET SPREAD > your SPREAD then no grid will be open thus the SPREAD info color becomes red. Else you will be able to open a GRID, and the SPREAD info color becomes green {file}
May I know what the difference as per pic mark 1. Also e.g. if I only want to use say pips do I set BE true pips say 10 and the rest at 0 ?
Attached Image (click to enlarge)
Click to Enlarge Name: be pic.png Size: 66 KB
Self discipline It is a practice
  • #349
  • Jul 16, 2017 1:33am Jul 16, 2017 1:33am
Quoting okshop
{quote} May I know what the difference as per pic mark 1. Also e.g. if I only want to use say pips do I set BE true pips say 10 and the rest at 0 ? {image}
Good question
set the other 2 input triggers that are not used as high as possible (9999999999).

Quoting yousername
{quote} Good question set the other 2 input triggers that are not used as high as possible (9999999999).
But this way will make the BREAKEVEN info text looks bad. I will update the code again
This is not investment/trading advise. Will not hold accountable for loss
  • #350
  • Jul 16, 2017 1:36am Jul 16, 2017 1:36am
Quoting yousername
{quote} As you can see in the screenshot the "BREAKEVEN" info text is green which means that the Breakeven has been triggered. Why? Because there are already 5 opened orders. {image} {file}
Thank you for using your time to write the EA for us to use.
Peace be with you.
  • #351
  • Jul 16, 2017 1:38am Jul 16, 2017 1:38am
Quoting yousername
{quote} But this way will make the BREAKEVEN info text looks bad. I will update the code again
For x amount of currency e.g. 25000 = 25k and for 1 = usd1 ?
Self discipline It is a practice
  • #352
  • Jul 16, 2017 1:41am Jul 16, 2017 1:41am
Code updated. I remove other info in the BREAKEVEN.
It will only display true.
True/false changes when ever the button is clicked.
Color changes whenever the break trigger condition is meet

So if you only want to use 1 out 3 triggers, then set the other 2 triggers value to something like 9999999999
Attached File(s)
File Type: ex4 FLEXY GRID_1.9.ex4   114 KB | 411 downloads
This is not investment/trading advise. Will not hold accountable for loss
  • #353
  • Jul 16, 2017 1:43am Jul 16, 2017 1:43am
Quoting kennyxox
{quote} Thank you for using your time to write the EA for us to use. Peace be with you.
sama-sama brother
This is not investment/trading advise. Will not hold accountable for loss
  • #354
  • Jul 16, 2017 1:45am Jul 16, 2017 1:45am
Quoting okshop
{quote} For x amount of currency e.g. 25000 = 25k and for 1 = usd1 ?
eah 25000 = 25000 GBP lol
This is not investment/trading advise. Will not hold accountable for loss
  • #355
  • Jul 16, 2017 1:45am Jul 16, 2017 1:45am
Quoting yousername
Code updated. I remove other info in the BREAKEVEN. It will only display true. True/false changes when ever the button is clicked. Color changes whenever the break trigger condition is meet So if you only want to use 1 out 3 triggers, then set the other 2 triggers value to something like 9999999999 {file}
just getting my facts right tq refer pic
Attached Image (click to enlarge)
Click to Enlarge Name: be pic.png Size: 156 KB
Self discipline It is a practice
  • #356
  • Jul 16, 2017 1:49am Jul 16, 2017 1:49am
Quoting okshop
{quote} just getting my facts right tq refer pic {image}
5 is your spread tolerance level.
If the market spread is above your spread tolerance then no grid will be opened.

I don't display slippage, because the 1% doesn't care about it
I'm not cheap person who care about spread and slippage.
But people ask, so why not display the spread.
I still can win regardless how big the spread is.

You will retrieve the LIVE SPREAD with this code
Inserted Code
MarketInfo(Symbol(),MODE_SPREAD)
This is not investment/trading advise. Will not hold accountable for loss
  • #357
  • Jul 16, 2017 1:53am Jul 16, 2017 1:53am
Quoting yousername
You also can modify the SLIPPAGE and SPREAD. If the MARKET SPREAD > your SPREAD then no grid will be open thus the SPREAD info color becomes red. Else you will be able to open a GRID, and the SPREAD info color becomes green

From my experience ,spread is a big issue for all kind of grid trading . What usually happen, is spread sudden widen(occurs all the time, sometimes it's a deliberate action by broker) trigger pending stop order then reverse direction, very frustrating.

That's why a better approach is to use limit order instead of stop order. For buy order, EA monitors current Bid price, as soon as Bid price across above grid line (Ask price for sell order),place buy limit order at grid level, price will normally retrieve a bit trigger the limit order then continue go up. In a price rapid moving situation ,limit order probably won't be triggered, but hey, missing trade is always better than enter risky trade.
  • #358
  • Jul 16, 2017 1:54am Jul 16, 2017 1:54am
Quoting yousername
{quote} 5 is your spread tolerance level. If the market spread is above your spread tolerance then no grid will be opened. I don't display slippage, because the 1% doesn't care about it I'm not cheap person who care about spread and slippage. But people ask, so why not display the spread. I still can win regardless how big the spread is. You will retrieve the LIVE SPREAD with this code MarketInfo(Symbol(),MODE_SPREAD)
Yes it proves the man you are by providing such a service to the community with this EA (God bless)
Self discipline It is a practice
  • #359
  • Jul 16, 2017 2:00am Jul 16, 2017 2:00am
grid TRAILING STOP is next.
This is not investment/trading advise. Will not hold accountable for loss
  • #360
  • Jul 16, 2017 2:03am Jul 16, 2017 2:03am
Quoting yousername
{quote} 5 is your spread tolerance level. If the market spread is above your spread tolerance then no grid will be opened. I don't display slippage, because the 1% doesn't care about it I'm not cheap person who care about spread and slippage. But people ask, so why not display the spread. I still can win regardless how big the spread is. You will retrieve the LIVE SPREAD with this code MarketInfo(Symbol(),MODE_SPREAD)
Well, minding the spread is not necessarly about being cheap. eaX mebmer pointed out that there are millions of EAs work crazy in the backtest but on live account they dead just because crazy floating spreads and slppge.
Member
3 traders viewing now