Grid EA modification

Experts

Specification

Hi there,


I have an idea for a better exit of a grid EA.

This EA applies a grid on the chart and keep going putting stop orders in order to exit on profit.

It has some exit strategies,  for instance, when a certain number of orders is reached it continues to put orders but with less risk.

My idea is that when this is triggered the EA will no put more orders.

Instead it will sum the TPs and SLs and calculate a position size to enter the market at market price to close on breakeven or a little profit.

The TPs and SLs will be placed at the same price of the previous ones.


I believe you already know the EA I'm talking about and something could not be understooded at first, so feel free to contact me if you think your are able to do so.

Cheers.  


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