Priceless GRID PRO – (No Limitations) forex robot
The Indicators the EA makes use of to enter are :
60SMA
long-run MACD 30,60.30
Quick-time period MACD 12,26,5
5/15 min candle chart (optionally available)
The long-run MACD is used to provide the course through which it may well take trades, eg when the histogram is constructive take lengthy trades and when adverse solely take brief trades.
As soon as there’s a development occurring in the long run MACD search for a pullback on the brief time period MACD, it should go adverse on the histogram for a least 2-3 bar.
So I wished to make an EA to auto commerce with these situations, so I Employed a knowledgeable MT4 coder to do it.
In the course of the assessments with TickData in M5/M15, I had some good outcomes however after we speak about the grid, the principle downside is methods to management the DD.
This EA has parameters 4 parameters to do this which you would possibly need to play whereas testing, or make any enhancement within the code.
60SMA
long-run MACD 30,60.30
Quick-time period MACD 12,26,5
5/15 min candle chart (optionally available)
The long-run MACD is used to provide the course through which it may well take trades, eg when the histogram is constructive take lengthy trades and when adverse solely take brief trades.
As soon as there’s a development occurring in the long run MACD search for a pullback on the brief time period MACD, it should go adverse on the histogram for a least 2-3 bar.
So I wished to make an EA to auto commerce with these situations, so I Employed a knowledgeable MT4 coder to do it.
In the course of the assessments with TickData in M5/M15, I had some good outcomes however after we speak about the grid, the principle downside is methods to management the DD.
This EA has parameters 4 parameters to do this which you would possibly need to play whereas testing, or make any enhancement within the code.
A few of Parameters which you would possibly want explanations :
1.//Add lot – when the worth goes towards your order, it’ll open one other order with preliminary lot + //AddLot
2.//One commerce per acc by magic :
– false > similar magic quantity for all pairs, everyone works for its personal. Its a waste of time giving totally different magic quantity to all pairs.
– true > similar magic quantity for all pairs, the Ea will examine if another pair has an order opened and if not it’ll open the order,
but when there may be one other opened, it is not going to open one other. This fashion solely 1 pair will commerce, the one who opens first.
For many who need to hold the DD in management,i assumed this can be a good function.
3.//X bars earlier than (minimal common distance) – It’s going to examine the open/shut worth for final X bars of TF under and open a order if the worth has gone towards you and the space is >= than this common.
//X bars earlier than TF = I want H1 or H4.
============ Shut half from grid ============
4.//Begin shut half when now we have X orders (0 – not use)
//Ammount of orders for shut = 2
//Minimal sum for shut = 5
If the grid has opened 6 Promote Orders and the revenue of order 5,6 is = 5,it closes 5,6 .
For the coders on the market, you would possibly see within the code that this EA can also be a handbook dealer which respects the grid situations. You’ll be able to tweak the code as you want.
Let’s see what occurs.
Presently I’m dwell with this EA and can posts outcomes alongside the best way.
