Another thought, would closing all pending orders 5 mins before market close and then reopen them when the market opens avoid a possible black swan event? The EA would need inputs such as DayOfClose, HourOfClose, MinuteOfClose and then similar ...

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Hmmm, dynamic grid should reduce that risk dramatically

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Another thought, weekend gaps where you might have the following scenario: Friday night close You entered at $1995 with $0.50 gridsteps earlier in the day so you have a grid going from $1980 to $1210 Price had moved from $1995 to $1998 and you ...

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You are a gentleman and scholar, thanks!

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Just looking at the settngs, has the option to trade fixed lot sizes really been removed?

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Outstanding work dgodfrey, thanks!

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Lot size is OK but you must read the thread, then you will realise that the EA is still in beta form This means it has some bugs such as cycles closing in loss or problems when changing timeframe or restarting MT4 etc. It's a work in progress which ...

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That leaves you in a reasonably good position (if you have followed the advice of 0.01 lot per 1000k) Sometimes you need a lot of patience with this method - ThePipster mentioned he had to wait over 10 days for decent breakout before it closed in ...

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Timeframe is unimportant, just dont change it once the EA starts to trade

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If you want it to stop after a cyles simply put the start time at say 12.45 and the stop time at 12.46.

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WCS = all trades opened = hedged DD of approx. 30% The solution, adding orders to the grid, is being worked on

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Excellent, just what the doctoer orderd, thanks!

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Thanks for the update and a very happy and prosperous 2015!!!

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Re calculation of average entry prices, long and short, MT4 has a nice indi which ships as default called iExposure. I am sure that the coders amongst could modify this?

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3rd cycle today just closed... wow

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... as well as the equity target so mine is set to 10.0 which equates to 1% with my 3 digit broker

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That also happens to me, but suprise suprise, only on the live account when price rockets... slippage...

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The "GridStep=500" gives me a grid with 0.50 intervals. Could be that's because I have a 3 decimal broker (Alpari UK)?

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This is what I was using with the original (post 1) EA: Lots=0.0 LotPercent=1.0 UseBE=false BE=100.0 LockIn=0.0 UseSL=false SL=0.0 Buffer=200 GridStep=200 Slip=50.0 NoOfSteps=30 EquityGainMultiple=10.0 EquityLossMultiple=9999.0 StartingHour=21 ...

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