Flexy Grid EA (Grid Trading)

What setting are you using?

Here you go.

Flexy dual grids up and running. Two closed TPs. Banked profits roughly double the floating loss.

Hello, can you upload the finished version of the EA and the set files?
Thank you@$^

this grid trading strategy is the easiest way making money, but sometimes need long time to close all with profit. but it is fair since it is not as difficult as other technique.

You're right. Currently my two grids are fighting each other. One goes up, the other goes down - one goes down, the other goes up, without reaching TP.

See post 1252 for my settings. Latest EA v.1.9 attached.

Ok, thank you^^^

When one grid has reached tp (for example buy grid)- do you restart the new buy grid immediately?

Yes, I immediately start a new grid. It's kind of a pain to continuously monitor the trades - I wish someone could step in and program the EA for automatic restarts(this has been requested multiple times during the past year).

Weekly results (3/10 - 3/15): 1.79%
Notes: No open grids over the weekend.

3/11 - 3/15

Hi, I tested this EA a few times and I like it! Thanks a lot!

Is it possible to open sell/buy grid without opening an order? Would really speed things up when I want to open multiple grids without having to close the market execution order by hand.

3/17 - 3/22
Notes: running 2 accounts with trade explorers, increased lot size to .1 on acct #1 and .2 on acct # 2, carrying grids over the weekend for both accts

This strategy work like any other grid while you are staying in a range market. so you close the profitable transaction and what you dowith the losing one?

Let's say eurusd go from 1.15 to 1.12 with no significant rebound. Your sell are peofitable but you accumulated a lot of losing buy trade. How you manage that?

Hi Guys,

I have been lurking here for awhile. I'm attaching my EA, if the thread owner doesn't mind. It trades the 111 strategy automatically. It is a simplified version.
The EA will open Buy Grid and Sell Grid on same chart, and track profit for each grid. If the BuyGrid reaches it's profit target, the BuyGrid will be closed and reopened. The SellGrid will remain along with any open sell trades and vice versa. The display in the upper right hand corner isn't as fancy, as yousername presented, but it will do the job. You can also set a day of the week and time to close all trades for the given pair. There is an EquityProtection feature. so if you put in 0.30 it will close all trades, if your equity is down 30%. I'm sure there is some clean up to be done, but here it is. My contribution. It seems to be working fine for me. I put it on 28 pairs on a $10,000 demo account just to wring it out and stress my CPU. If you are going to do something crazy like that. I would attach it to one chart and let it open all the trades first and then open the next chart and so on. I did that yesterday and it took awhile. I'm just running it on 28 charts for now to see how it works and find what pairs will be more successful. At the moment, I'm not sure if I will close all trades at the end of the week or not.

Here are the inputs:

CloseAllTrades = false; <== Emergency Close all trades for the pair

UseProfitGoal = true; <== Use Profit Goal for each Grid
ProfitGoal = 5.00; <== Profit Goal is $5.00, all trades will be close for grid that is in profit once goal is met.

BuyGrid = true; <== Allow BuyGrid to be opened
BuyMagicNumber = 11111; <== Must have BuyMagicNumber and it must be different from SellMagicNumber

SellGrid = true; <== Allow SellGrid to be opened
SellMagicNumber = 22222; <== Must have SellMagicNumber and it must be different from BuyMagicNumber

GridStep = 5; <== Distance between trades in pips
MaxOrders = 40; <== Number of total Limit/Stop orders, so for 40, 20 Limit 20 Stop orders and 1 market order for 41 total, 41 for
BuyGrid and 41 for SellGrid, total of 82 per pair, if you use 40, if you put 20 it would 42 total orders.

LotSize = 0.01;

CloseAllTradesDayTime = true; <== Close trades on a certain day after a certain time
CloseWeekday = 5; <== 1-Monday, 2-Tuesday, 3-Wednesday, 4-Thursday, 5-Friday
CloseHours = 22; <== Close Hour
CloseMinutes = 30; <== Close Minutes

UseEquityProtection = true; <== Use Equity Protection
EquityProtectionPercent = 0.30; <== Close all trades if equity drops 30%

thank you tallcoolone but how you manage your losing trades? you just close it?

Hee hee, not really sure yet. Others here with EURGBP & AUDNZD pairs have been closing all their trades on Friday, and seem to be making a profit. So, It will take some testing to come up with a strategy. Right now i'm at break even on my demo account, but it has only been running since yesterday. Early indications for me are that AUDUSD, CADJPY, CHFJPY, EURUSD, GPBAUD, GPBCAD, GBPCHF, GBPJPY, GBPNZD, GPBUSD are all doing well. So basically i'm just letting play out for now. Letting it close profitable grids and I think I will close all trades on Friday and put history in spreadsheet. Sort on pairs and run subtotals for each pair and see which pairs are profitable at end of the week, and keep doing that. If you find a pair that seems to be profitable week in and week out, then that might be a go live pair. Just my thoughts.

Thank you for your contribution. My main concern with the original EA was having to manually restart the grid after every take profit. Your EA solves that problem. Ultimately, I want to see if the banked profits can stay ahead of floating losses. If so, you have a winner.

You are welcome!