Who can Modify this ViperGrid EA

Hello FF Brains,
attached is an EA that Viper put a lot of work into it , but unfortunately no one follow up to make it better. Today i want to revive this great concept (if it `s applied the right way).

here are the flaws in this EA:

- the biggest and the dangerous flaw is the Death trade ( where the EA opens too many positions which will result in margin call)
- the 2nd flaw is in the order placement logic: sometimes the EA does not place orders which will results in imbalance and create big losses.

if we can make this EA run only if the right criteria is present , it will make big difference( avoid the death trade), what i am proposing is the following :

- the EA will run only if a candle pattern is present (pinbar or failure bar) , the candle pattern will be defined using the candle size and an indicator(attached): ie the EA will run only if a pinbar is present and the candle size is > 20 pips.

usual after big pinbar the price tend to go in one direction for sometime and this is the idea behind using this candle pattern to avoid the ranging mess that will end up in a death trade.

- the Ea will place pending buys on the high and pending sells on the low.

- the increment will be high[1]-low[1]

if any coder have the time to do this , it will be great for everyone in FF.

please let me know if you have any question or need more clarification.

ollaya-
Don't get your hopes up on this EA. Nobody in their right mind would do it for free.
It is too complex and unless it is beneficial to someone I don't see anyone making any mods to it.
Just my 2 cents.

Firstly, let me say that I salute your enthusiasm.

I encountered this EA in its original form more than 6 years ago, and after spending several hours familiarizing myself with the concept, reached the conclusions that I posted here.

Hence I'm afraid I must agree with cyber1. If I was still coding MT4 EAs, I'd make sure that I was handsomely paid for attempting to recode something this complex, as the EA would not be useful to me personally.

Hanover,
i have read your response in the 100 % mgrid thread. i 100 % agree that this EA in it`s original form need too much margin to survive overtime.

what i am proposing here , is instead if running the EA randomly , we can use price action to filter our entry . Pin bar is sign of change of direction and volatility in one direction which will be the ultimate solution to avoid death trade.

just add the indicator that i provided to any chart and watch the price action after pin bar. most of the time the price run in one direction which will be enough to hit the TP at least in the one level configuration.

i know this is too much work to do , but it worth the try if someone has the time and the enthusiasm to think about the new concept .

if you look at this chart , whenever we have a pin bar formation , the price move quickly to one direction. if we can run this EA or the strategy of the EA , we will win with minimal DD.

say for ex that we will place a sell on the close of a bearish pin bar and 3 pending buys on the high and continue the cycle ( 1-3-6-12-24...). the TP will be (High-Low) and the SL will be 2X(high-Low).

same thing if we a have bullish pin bar( buy on the close and 3 pending sell on the low) ...

we can use time window to enter only when market is liquid ( london-ny ie)...

https://charts.mql5.com/6/197/audusd...rkets-uk-2.png


in my opinion this is the best way to mix MM and price action to create a real edge.

i will attach original surefire grid strategy and an EA that use this strategy if any one can take a look at them and may create a new EA based on pin-bar and the sure fire MM strategy.