Need a hand finding a Grid EA or editing this one

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.

Hi,
The problem with your strategy is it all goes fine until price moves in one direction for any extended time, I know that you may have opposing trades open to help offset the loss however as the profit side takes profit it leaves the loss side building losses from my experience it ends with massive drawdown. Just my 2 cents worth.

The EA you have mentioned from my quick look at it only puts in new orders if existing pending orders do not add up to the total allowed pending orders it appears not to be an EA that loads more orders as price moves away as to do that would exceed the number of orders set by the TradesInGrid in the inputs. Also the EA is several years old and needs Point updates otherwise the grid distances need to be set at 100 to get 10 pips not 10.

RideTheWave,

This copy of MakeGrid I have works for me.