SLIGHT MODIFICATION ON PO GRID MANAGER V1.1
Just to add in another user adjustable spacing parameter into the existing v1.1.
The first pending order issued will have a different independently adjustable spacing compared to all the subsequent pending orders which
shall have a separate adjustable spacing parameter.
There will be two adjustable spacing parameters as follows:
First Order Spacing - 150 (in points just as the
Subsequent Orders Spacing - 100 (in points just
as the v1.1)
Working Example of the new modified EA
The above given values will be used in the following working example.
Let’s assume that the market price was at 100.00 when the EA is started/attached to a chart and let’s also assume that the user had set for stop
orders at 5 orders in each direction. So, the EA will immediately issue the said orders as follows:
First Buy Stop PO at 100.15
2nd Buy Stop PO at 100.25
3rd Buy Stop PO at 100.35
4th Buy Stop PO at 100.45
5th Buy Stop PO at 100.55
First Sell Stop PO at 99.85
2nd Sell Stop PO at 99.75
3rd Sell Stop PO at 99.65
4th Sell Stop PO at 99.55
5th Sell Stop PO at 99.45
I hope the working example above is clear enough.
Apart from the above, everything else functions exactly like v1.1.