I was wondering whether somebody can create a custom ea based on mer071898's thread loed here. Https://www.forexforum.co.za/trading...o-journal.html
There is an ea that I'm using and it was supplied by Vlad13685 and shared with me at the above mentioned thread on page 12 article # 223. This ea does all based on original rules. I would like a modified version so that I can restrain draw-down and also have other built in security features. Here are what I would like to view:
Enter and exit per initial rules. - the ea should enter and depart per initial rules but rather than taking every entry after every box it should give more control, for example:
1. Spread out following entries by at least 10 pips - Grid Size - Entries must be at the open of next candle after box appears. If less than 10 pips entry is skipped, if larger then enter.
2. Be able to specify the number of entries per grid - 10 in 0.01, 10 in 0.02, 5 in 0.03, etc..
3. Max Grid Size in pips - In case of a solid move against or to protect account.
4. Break even alternative - This can be when deep in DD however, the trend changed and you want to risk leaving it open to get out in rest even rather than the box.
5. Max Stop reduction in pips or percent of account.
6 Continue trading after Frankfurt/London - ea will continue to trade, meaning once it shut out all the Frankfurt/London transactions it'd take new transactions after new boxes seem. That is Yes/No. If no then it'd trade per rules of initial thread, then stop and reset after given time. See original ea settings.
7. Someone asked about adding a FIFO alternative. Not sure how this would work, maybe a future addition.
I am open to other suggestions and additions. I am aware that there are a number of us around using this method with particular requests.
If something is unclear I'll be around to answer queries. Thank you.