New article Developing a cross-platform grider EA has been published:
In this article, we will learn how to create Expert Advisors (EAs) working both in MetaTrader 4 and MetaTrader 5. To do this, we are going to develop an EA constructing order grids. Griders are EAs that place several limit orders above the current price and the same number of limit orders below it simultaneously.
Our EA is ready. Now we should test it and draw conclusions about the trading strategy's performance.
Since our EA works both in MetaTrader 4 and MetaTrader 5, we are
able to select the terminal version, in which to perform the test.
Although the choice is quite obvious here. MetaTrader 5 is considered to
be more comprehensible and better.
First, let's perform testing without any optimization. Our EA
should not fully depend on the inputs' values when using reasonable
values. Let's take:
Inputs' default values remain intact (lot 0.01, step 10 points, 7 orders per grid, take profit $1).
The result is shown below:
Author: Roman Klymenko