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Very Blonde System - expert for MetaTrader 4

Views:
49045
Rating:
(40)
Published:
2009.02.13 08:56
Updated:
2014.10.08 11:37
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Hi! This is just a very simple EA.

It waits the price to have a strong fluctuation of x pips in y minutes (field "Limit"= fluctuation value, field "PeriodX" = time, both customisable) and then it opens a reverse position with a grid of limits position to reinforce it (field "Grid" customisable)

It closes all the positions when the amount (field "Amount", customisable) is reached. You can also say: " if(getProfit()>=AccountBalance()/1000){CloseAll();} if you would like your profit to be proportionate with your balance.

It is quite risky actually because you may expose yourself with a big amount of lots, that's why uou can also activate the "LockDown" option that will cover your positions after tot pips (recommended around 400= 40 pips). However, I do not recommend to use this EA on a live environemnt biut it just gives you an idea on how much you can expose yourself.

It can be used on any chart/timeframe but PLEASE optimise it first. This is for a 1M EURUSD but I am pretty sure you can get better results on EURJPY.

Enjoy.

David

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