Expanding Grid

going back to business,
as I recommended before, you will need 50k for one currency pair at 0.01 lot size. if you want to trade more than one pair, add not correlative ones and the same 0.01. Example, EURUSD and NZDUSD.
if you want to go smaller than 50K, you need to find a broker with minimum lot of 0.001 (tenth of micro) I am using www.forexbrokerinc.com
If you are brave enough and you want to try it and learn from it with small account, never trade more than one pair and do not multi any of the styles.
future market conditions are unknown, the EA may start working and making money for you, we never know.
The capital requirements I am posting here are from results of testing and demoing this EA, and using past and present data. it is not using future data or simulating the future, it is unknown.
OK, once again, deposit 50k or move to a tenth micro broker and deposit 5K.
This is not a making rich EA with only $459 in 30 days or some scamming like that, this is an EA that may do consistent small profits on an account with enough money to survive its big drawdowns.
On regular market conditions, you will be using only a portion of the account capital.
You may said, oh!, we are all small here. Yes, that is true, I am small too, reason I am actively working and demoing this EA, I am trying to find its smaller drawdown possible.

For your reference, this are the lot sizes:
Standard Lot: 1.00 (100,000)
Mini Lot: 1.10 (10,000)
Micro Lot: 0.01 (1,000) our lot
tenth micro: 0.001 (100) small account.

thanks, bauta

Mr Bauta , Which would you choose symmetry style and floppychannel style for normal trading days ?

symmetry is the default.

FOMC Minutes News Event.
this news event usually does not move the market too much, but some times it does. I will take the risk to setup it. (live accounts do not set this up yet, we are mastering it)

1. create a new chart for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, USDCAD
2. drop ExpandGrid, set magic=350, TradeStyle=mChannel and CONTINUE=false
3. the EA should display ** DISABLED **
4. now drop globalExpandGrid to EURUSD, set start time to 10 minutes before the release: (the release will be at about 2h30min from now.
5. set end time to 5 minutes after the release, currencies to ALL
6. let it play

images:

I will post this as realtime sample. here is when money is needed. note how the loss is at the 1500 already.

I will fallow it up

Here you go. This is how the EA works. Note it was symmetry 0.01
see how nice everything closes for profits.

Buddy I was simply asking for help.​
Did not mean to interrupt.

Hi Bauta , I still have orders , need I set EA to mchannel ? Thanks.

Edit : Ea working closure mode.

Note you should not set the EA to closure mode as regular basis. The EA is setup to work 24*5, doing so you are violating its logic.
for news releases, you may change style to mChannel, but not change CONTINUE to false. 5 to 10 minutes after the release, change it back to symmetry. (note this is the regular 24hours, 5days magic 301 one, the setup for magic 350 is something else and in different chart)

no problem. You are welcome here

ExpandGrid v103.021 Released.
What is new?
symmetry style has been optimized, now the maximum drawdown is 33K
please re-download it on post 1
Test Results:

Symmetry Grid Test: EURUSD (Euro vs US Dollar) annual return.

Start_Lot_Qty=0.01; Grid_Increments=0; Grid_Factor=0; MoneyTakeProfit=0; MultiMagic=false; MultiMagicQty=3; Pause_Trading=false; CONTINUE=true;

Initial Deposit: 50,000.00

Look how nice this year (2009)

I'm afraid

that is normal, it is one of the emotions.
this is what I do. I set EURUSD Sunday (US central time) with symmetry, all default values.
keep the EA running all the times, I have a computer dedicated to that, I am calling it robot-PC.
I do check if everything is OK on the robot twice/three times a day. just to be sure internet is working, EA frizzes, etc.
Now, because emotions are too intense, I do have MT4 in my android phone, then I do check how thinks are going frequently. I am using the investor password in the android phone to make it difficult for me to not be tented to close any order.
It is important to not scare the money, you are investing it, if business goes bad, you learn from it and start over, or do a different business.
when I put money there I said to myself, or all or nothing.
Don't borrow money to do this, save some money and just deposit it like if you are buying something, just like the money is not your anymore. If I make it, good, if I lose it, well, that is the game.
be sure to re-download the EA again, the symmetry style has been optimized considerably.
thanks, bauta

Ex. EA is setting 1 buy 1 sel thereafter market moving up 12 pips and Ea closing buy order not close sell order . After 100 pips All buy orders are opening , closing one by one but sell orders are breeding increasingly. I want all orders to be closed after some profit. isn't this in possible ? Thank you.

Thank you sir , I re-downloaded EA . Kind regards...

your request has been done in release 103.021, also, release 103.021 reduce target when the quantity of opened orders is more than 8.
test it a bit to get familiar with it.

Thank you so much Dear Bauta .

emotions are very difficult to control for me. I'm using a VPS included on it my mt4 platforms and I'm connecting to VPS from my home all time for control what is going on
I'll try to do what you say here to us.

I started to use Ea with new version for 24 h and I will close pc. I'm going to go to bed . Good night bro Bauta and other followers.

Just started new account, this is a real account with $1000 initial capital. I Intend to have manual intervention with this trading style, with a little common sense, my SL is to not exceed the weeks gain as overall this EA is successful 87% of the time, if this means to cancel out the week profit to maintain the account then so be it, we do not need to get greedy with this, a stop loss is exactly this and in any business you have to take the rough with the smooth. Bauta, I think if you can implement this as a strategy for us all, this would be grat. This is NOT a Get Rich Quick scheme, for me, I have a 10 year plan and if I can double my money for each account in that TF, I am happy. Here we go....