In 2008, I was commission to rewrite a Grid EA based on original EA found at www.forex-tsd.com. More of the discussion can be found here:
http://www.forexfactory.com/showthread.php?t=65249
Back then I could not share my codes as it was commissioned. However, I can now share it.
This EA is best used on brokers offering 0.01 lottage - $0.1 a pip.
Though small lots as it may seem, you will be amazed how much it will trade in a day making $50~$100 each day with a $5K account. I personally used this EA on FXOpen (not recommended) and later on IBFX (recommended).
This EA can be used to Martingale Manage your "manual trades". ie, you manually open a position (buy or sell) and this EA will add positions to average the price.
I also used this EA on Demo account as a Momentum Reversal Indicator. ie, when this EA made a lot of positions on one side, then it is time to manually trade on a Live account against the direction of the trend - think of this similar to a Bollinger Band indicator.
Feel free to ask questions.
http://www.forexfactory.com/showthread.php?t=65249
Back then I could not share my codes as it was commissioned. However, I can now share it.
This EA is best used on brokers offering 0.01 lottage - $0.1 a pip.
Though small lots as it may seem, you will be amazed how much it will trade in a day making $50~$100 each day with a $5K account. I personally used this EA on FXOpen (not recommended) and later on IBFX (recommended).
This EA can be used to Martingale Manage your "manual trades". ie, you manually open a position (buy or sell) and this EA will add positions to average the price.
I also used this EA on Demo account as a Momentum Reversal Indicator. ie, when this EA made a lot of positions on one side, then it is time to manually trade on a Live account against the direction of the trend - think of this similar to a Bollinger Band indicator.
Feel free to ask questions.
Attached File(s)
BK's Grid EA Hybrid.mq4
23 KB
|
12,355 downloads