Grid Ea

Quoting lucidlamp

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Hi FX Prophet,

Of the results you got from searching did you find any that you thought were interesting? If so can you post a link or a name? I would like to take a look at one and see what they are about.

Regards,
lucidlamp

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Quoting smjones

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here is one I know of:

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Quoting smjones

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here is one I know of:

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Quoting BurgerKing

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Whats the logic behind this grid?

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Quoting smjones

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I don't know. I have never used it.

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Quoting BurgerKing

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uniqueGridMagic = 11111; // Magic number of the trades. must be unique to identify

Lots = 0.1;              // 
GridSize = 6;            // pips between orders - grid or mesh size
GridSteps = 10;          // total number of orders to place
TakeProfit = 10 ;        // number of ticks to take profit. normally is = grid size but u can override
StopLoss = 0;            // if u want to add a stop loss. normal grids dont use stop losses
trailStop = 0;           // will trail if > 0
UpdateInterval = 1;      // update orders every x minutes
wantLongs = true;        // do we want long positions
wantShorts = true;       // do we want short positions
wantBreakout = true;     // do we want longs above price, shorts below price
wantCounter = true;      // do we want longs below price, shorts above price
limitEMA = true;         // do we want longs above ema only, shorts below ema only
EMAperiod = 34;          // the length of the EMA.. was previously fixed at 34
GridMaxOpen = 0;         // maximum number of open positions : implemented in v1.92
UseMACD = true;          // if true, will use macd >0 for longs only, macd <0 for shorts only
                                 // on crossover, will cancel all pending orders. Works in conjunction with wantLongs and wantShorts.
UseOsMA = false;         // if true, will use OSMA > 0 for longs only, OSMA <0 for shorts only. used in same way as MACD. 
                                  // If both UseMACD and UseOSMA atr true, OSMA is taken.
CloseOpenPositions = false;// if UseMACD, do we also close open positions with a loss?
doHouseKeeping = true;   // this will remove long orders below the 34 ema and vv if limitEMA flag is true
keepOpenTimeLimit = 0;   // in hours - if > 0, all open orders or positions will be closed after this period. fractions are permitted
emaFast = 12;            // parameters for MACD and OSMA
emaSlow = 26;            // parameters for MACD and OSMA
signalPeriod = 9;        // parameters for MACD and OSMA
timeFrame = 0;           // parameters for MACD and OSMA
minFromPrice = 0;        // minimum distance from price to place trades.
tradeForMinutes=0;       // will trade for this number of minutes after being initialised. 
                                   // add/readd the EA before news and it will trade for these minutes then close out all positions at end
gridOffset = 0;          // positions are opened at price modulo GridSize and offset with this parameter.
                                   // used essentially to enter at non round numbers
// the following flags set bounds on the prices at which orders may be placed
// this code was developed for and is kindly made public by Exc_ite2

longGridCenter = 0;      // defines the center point of a fixed width long grid                                       
shortGridCenter = 0;     // defines the center point of a fixed width short grid                                       

longGridLow = 0;         // defines the bottom of a fixed width long grid
longGridHigh = 0;        // defines the top of a fixed width long grid

shortGridLow = 0;         // defines the bottom of a fixed width short grid
shortGridHigh = 0;        // defines the top of a fixed width short grid

profitTarget = 15000;     // if > 0, will close out all positions once the $ target has been met

suspendGrid = false;       // if set to true, will close all unfilled Orders 
shutdownGrid = false;      // if set to true, will close all orders and positions.