This thread will probably be about my EA Flexy Grid.
It's named Flexy because I need it to be Flexible, I can set the buy/sell grid manually or automatically.
Personally I use it manually because I love to have control. I'm smarter than this EA, the EA doesn't take account of other variable i.e. News and what I'm seeing on my eyes and head.
Automatic Flexy Grid. When you click on the Manual button and it becomes Automatic button in green colour, you should see a screenshot like this below. To be able to begin the EA to trade you have to click the START button. Once you click it, it will become green. The start button is a safety trigger. Https://www.forexforum.co.za/attachments/1517719004.jpg
The green window on the top right corner contains information regarding the equity, signal etc.. I believe that it's self explanatory, if you don't understand you can ask me.
Anyhow below are the 3 information that may need some excuse while the rest advice are self explanatory.
Trading Line is for Manual trading, it will execute a trade whenever the price crosses the Horizontal line object. To be able to place a trade using this process, you have to edit the item name with the addition of _B or _S.
_B is for buy grid, _S is for sell grid.
Example Buy Grid
Horizontal Line 3951_B
Sell Grid
Horizontal Line 3951_S
Grid Space is the distance between each arrangement. By default it is set to 5 pips area.
Grid is the number of order in a grid. It is depend upon the ability that the agent's MT4 able to set order. Some agent is able to set 100 orders, a few 20, a few 50 etc.. You can find out by testing it on a demo account or request their support about the maximum order their MT4 can take.
Example:
If the agent allows you to set 100 Orders, then you should place the grid worth to 49 or 50 grid. It'll place 49 or 50 trade of Sell/Buy stop and Buy/Sell restrict, complete 100 order.
I highly advise you to try this on a demo. Play around with it and give me some of your comments. It is appreciated by me.
USER GUIDE (Compiled by OkSHOP)
FLEXY GRID_1.8 (14 - 7 - 2017)
as at 15/7
AUTOMATED
SET A
Alligator - default
ZigZag, 5, 5, 3
RSI, 14
2 EMA (5 and 10) no shift
MANUAL
TRADING WITH LINES INFO:
NAME_1S
or
NAME_1B
1 signifies Grid Style 101
2 signifies Grid Style 111
2 signifies Grid Style 110
B signifies BUY Grid
S signifies SELL Grid.
GRID STYLE (101 / 111 / / 110)
Grid style 101, EG BUY GRID VISE VERSA FOR SELL
Sell Stop
Buy
Sell Limit
Buy is the Middle of this grid
Sell Stop and Sell Limit would be the majority orders above and below the Middle grid.
So the BUY is meant to be a losing place that got hedged by the Sell orders.
Grid Style 111 EG BUY GRID VISE VERSA FOR SELL
Buy Stop
Buy
Buy Limit
Buy is the Middle of this grid
Buy Cease and Buy Limit would be the majority orders above and below the Middle grid.
GRID STYLE 110 BUY VISE VERSA FOR SELL
Buy Stop
Buy
Sell Stop
Buy is the Middle of this grid
Buy Cease and Sell Stop are the majority orders above and below the Middle grid.
PIPS SETTING
5.0 = 5 pip for the two (4 5 decimal accounts)
HORIZONTAL LINE
NAME_TP
NAME_SL
NAME_C
TP = It will take profit (near the grid) when there is gain in the grid
SL = It'll stop loss (near the grid) when the grid is losing
C It will close the grid
BREAKEVEN FUNCTION
1. Grid opened
2. You clicked the breakeven button to green
3. The grid just has 1 opened place at launch
4. Further down the line the market implemented some of your pending orders.
5. When you've gt;=2 order gets implemented breakeven button is green BREAKEVEN function begins working.
You'll also have the ability to place the breakeven function will be conducted you will find gt;=X orders that are active.
SO there'll be 3 parameters
Parameter 1) Use Breakeven? (Boolean)
Parameter 2) Breakeven amount (double amount $$$)
Parameter 3) Breakeven triggered after X opened orders (integer)
NEW FIX
Quote:
Originally Posted by ;
quote Caution num.2 - if you click on Close grid button, EA close ALL OPENED ORDERS IN MT - not orders opened via this EA - there is mistake with magical Nr?
Version 1.1
Quote:
Originally Posted by ;
Hi , Many thanks for making your EA available. Can it be feasible for you to make it trade any lot size. I would prefer trading at 0.1 lots. I am fully conscious of the dangers of Grid Dealers but I believe with sufficient capital 0.1 lots can be traded successfully. Thank you and Best rgds
Version 1.2
Quote:
Originally Posted by ;
quote As assured. Ver 1.4 Added upgrade. The input in the EA setting is much more user friendly now or should I say more descriptive image Please let me know if you found a bug. If you do, please give a screenshot of the matter. Thank you, I love it! Greatest Speeches Yousername file
Quote:
Originally Posted by ;
quote From the EA possessions or setting, you have to place the value of How many stop/limit orders per grid bigger than 0. Should you put to 0 then you will just open an opposite place trade without any stop/limit order thus no hedge. In the screenshot I shared, I accidentally set the value 0 and maybe that led to the confusion. So here's a better screenshot. Please be aware that this is just for an example sake image
Version 1.4 [Version 1.3 is contained in the Version 1.4, got skipped. You can find ver 1.3 in page two tho]
Version 1.7 [What a jump!] Too many to list. I will upgrade it later.
PLease spend some time scheme through the thread. Thanks
