Experts: Ranged Grid Bot EA with pending orders

 

Ranged Grid Bot EA with pending orders:

The EA created sell/buy limit orders according to: - Grid number of orders - Trading range (computed automatically by uwing weekly highs and lows) - Current price

Author: Alessio Fabiani

 

Hello Alessio, which timeframe do you recommand for EURUSD  or USDCHF

Can I use two symbols  Ranged Grid Bot EA in one forex account? 

Can I close MT4 on weekends or will EA loose trading optimization data?

 
sieben00 #:

Hello Alessio, which timeframe do you recommand for EURUSD  or USDCHF ? 

Can I use two symbols  Ranged Grid Bot EA in one forex account? 

Can I close MT4 on weekends or will EA loose trading optimization data?

Hello,

so far I've got the best results on H1, but it should be almost independent by the timeframe. I'd suggest to run optimizations on backtests and check on each pair.

The current version does not check any magic number or symbol on the pending orders, therefore it cannot be used on more than one pair on the same account.

 

hi i got error on placing order 2023.09.15 09:37:04.753 RangeEA USDJPY.mm,H1: Warning: Stop Loss or Take Profit values too small. Order not placed.141.99144.29

Files:
Untitled.jpg  43 kb
 

Thanks for your efforts


Can your EA be attached to multiple charts and then used for multiple symbols using one account in MT 4 simultaneously or it works only with one chart which is only one symbol?  

 
miarajas #:

Thanks for your efforts


Can your EA be attached to multiple charts and then used for multiple symbols using one account in MT 4 simultaneously or it works only with one chart which is only one symbol?  

I will send an update of the code with the possibility of attaching it to multiple charts in the next few days.

 
Can you tell me what the minimum deposit is?
 
Generally speaking running an EA (whatevet it is) it's not that easy. 
It's not tipically something that you can throw as is and it works. 
You will need to correctly parametrize it and optimize according to your broker and account constraints (commissions, leverage, spread, ...). 
Very often a small difference between those values make a huge difference. 
I will try to create some videos explaining how to optimize the EAs in the future... but it takes time (that currently I don't have). 

In the meantime I can share something else that I consider a "good" EA.

Stay tuned.

 
Can you add time control? and option to close everything (true/false) on a specific time regardless of profit and loss? i have an idea that can work
 
Alessio Fabiani #:

I will send an update of the code with the possibility of attaching it to multiple charts in the next few days.

Code has been updated accordingly. Please check and let me know.

 
Can you please make a video of you  doing a step by step break down of how you created this bot using AI