Flexi Grid Trap EA (Flexi Grid Trap EA) | Grid EA download - MT4/MT5 resources
Hi!
I have an EA here that is a hybrid of a grid system. The idea behind this thread is to look at death sequences and see if there's a way to eliminate as much lag as possible.
Can Death Sequence be defeated? - Yes is it possible for us to defeat it? - No. Anyway, are we going to try it? - Yes!
The basic idea behind EA is as follows:
On startup - the EA places a line on the chart. A move in any direction beyond the "Step" point creates a trade in the same direction and moves the starting line to the current entry point. Moving "one step" further in the same direction opens another trade in the same direction.
A trade that is the opposite of the previous trade will wait for the "One Step + More Steps" point before placing a trade that is the opposite of the first trade.
As more trades are opened - after each set of "multi-frequency" trades, a factor is applied to the lot size
Once all open trades have accumulated a "target percentage" of profit, all trades will be closed and the cycle begins again.
There are many things we can look at:
I have an EA here that is a hybrid of a grid system. The idea behind this thread is to look at death sequences and see if there's a way to eliminate as much lag as possible.
Can Death Sequence be defeated? - Yes is it possible for us to defeat it? - No. Anyway, are we going to try it? - Yes!
The basic idea behind EA is as follows:
On startup - the EA places a line on the chart. A move in any direction beyond the "Step" point creates a trade in the same direction and moves the starting line to the current entry point. Moving "one step" further in the same direction opens another trade in the same direction.
A trade that is the opposite of the previous trade will wait for the "One Step + More Steps" point before placing a trade that is the opposite of the first trade.
As more trades are opened - after each set of "multi-frequency" trades, a factor is applied to the lot size
Once all open trades have accumulated a "target percentage" of profit, all trades will be closed and the cycle begins again.
There are many things we can look at:
- Ways to identify death sequences before they occur and stop the EA with acceptable losses
- A way to take profits regularly so we don't have to worry about death sequences
- Use alternative strategies to recover from death sequences.
I have no intention of using this EA on a real account, but rather as a challenge to overcome the death sequence. At this stage I won't share the source code as I don't want to try and manage multiple versions running.
Attached are my best results so far, please share your thoughts and suggestions on the system!
Thanks
Vlad
Attachment to original post (3)
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