Grid EA

EA fades the gap between the friday close and the sunday open, If the gap meets user defined requirements. It will  two entry modes. 

1. Enters at market as soon as the the market opens
2. A grid system places a number of limit orders, with the first one a user defined distance away from the sunday open.

Long Entry  

Friday close is >  than sunday open

Short Entry 

Friday close is < than sunday open

The profit target is the friday close

User Variables 

1. Min Gap distance (points) - This is the minimum distance between the Friday close and the Sunday open.
2. Max gap distance (points) - This is the maximum distance between the Friday close and the                      Sunday open.

3. Entry Mode (Open/Grid) - If Open is chosen, EA enters at market on the open at sunday. If Grid is chosen, EA places a limit order grid a certain number of points away from the open.

4. Grid number - This is the number of orders to place, when grid is chosen as the entry mode.

5. Grid distance (points) - This is the distance between each order.

6. Grid offset (points) - This is the number of points from the open price to set the first limit order

7. Stop (points) - If open is selected in entry mode, number of points from open price. If grid is chosen then it is the number of points from the last limit order.

8. Lot - Number of lots to trade

9. Max Spread - This the Maximum spread a pair can have.