Hello,

i

Is it running with 2 digits?

didier

Hello,

In fact this do not match my need.

I have attached a small specification of what I am looking for.

let me know if you are interested to do it at at which price.

Feel free to contact me at didierlfvr@aol.com

Didier

Hello,

I reattached the file (word document ) and copied the specification below.

.1)An another EA (grid)creates orders with its own magicnumber.

The new EA will do the following function (to reduce the number of open order of the Grid)

.2) Each Time an order has a loss of 50 points (parameter Lossaccept). The

order is closed and a new order(parameter magicnumber2) is placed with a TP

equal to the loss + 5 points (parameter Delta).

.3) breakeven and trailing.

Each time the orders using the magicnumber2 are becoming profitable by 15 points (parameter Breakpoint) the EA set a virtual SL to have a minimum profit of 5 points (parameter Offset).

Eachtime the profit increase by the offset, the SL increases by the Offset.

In case one order reach the SL, the EA calculate the remaining Loss and reopen an order with the new TP.

Example :

The Grid EA create a buy at 4000; 1 lot.

At 3950 this order is closed.

This EA create a new buy order at 3950 with a virtual TP at 4005 (3950 + 50+5). At 3965 the virtual SL is setted at 3955.

At 3970 the SL is modified at 3960

If the price drop at 3960, the order is closed.

A new buy order is reopened at 3960 with a virtual TP of 3960 + 40 + Offset. Etc . . . . if TP is reach this "loop of order" is stopped.

(in this example I considered the close and open of orders are at the same price which of course not the reality)

.3)

SL and TP are vitual.

The EA Will control both Buy and Sell positions.

It will be used with 2 digits symbol but it could be used with 4,5 digits.

No Time frame.

The ea will control all orders ! (from the Other ea or manual orders).

Use in MT4.

.4)

All open orders created by the this EA are displayed on the chart :

(Price / Buy or Sell / TP / current profit/loss)

Averaged prices of all Buy orders and Sell orders.

These two averages prices are displayed on the chart by a 2 lines.

It would be fine to add a function to the ea so that it starts again automatically after taking profit.

Is this possible to do ? thanks for your support- Thomas 

Hi

The next open position is trigger by the number of grid points set?, pending order? or after completion of a bar with points exceeded the grid points set?

Thanks.

hello, next position open with Distance from last position

 And i atach DemoVersion of my EA to test before Buying

I see thanks for the swift reply...any plan to update to include a option to open next grid position after completion of a bar?

Thanks.

Yup if by the next opening bar of the selected TF and the distance exceed the grid points set in the setting, the next position will be open...this will reduce to many positions open when there is a sudden thrust of movement cause by big news and eventually blow up the account...

Thanks.

ok. i add this option to next update