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New functions in my EA

June 22nd, 2009

First of all, I got some comments after my post about AutoHedge EA last week. All positive I’m glad to say. However I won’t release it to the public, at least not right now. I think it is better for everyone (including me perhaps) to wait for the v2.9 of GridBot. It will surely be very nice.

So what new functions have I implemented? Well other than some efficiency enhancements and ECN broker support I have implemented a function that monitors when GridBot opens a order and sends an inverse one immediately. The inverse order has the grid spacing as T/P (take profit). This means that the inverse order will T/P exactly when the GridBot wants to open another order.  I currently am limiting it to just open this one order, but it could be more general with some simple adjustments. It’s in demo testing right now :)

It is real fun to write EA:s I’ve found. Probably will try to make some more on my own, using other strategies.

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  1. Dan
    July 10th, 2009 at 12:00 | #1


    Dan again, how’s it going?

    My friend is interested in “roboticizing” his own personal trading strategy that works in any market condition, on any currency pair. He is currently having someone code it for him, however, they have no experience with EA scripting. Just wanted to run it by you in case it didn’t work out…would it be something that you’d be interested in doing? He Forexes for a living, so the strategy definitely does work! Talk soon!

  2. July 10th, 2009 at 12:25 | #2

    Hey there.

    I’m interested. I run demos on various EAs all the time. Also, since first trying some MQL4 just a few weeks ago, I’ve started on my own EA (basically a long term trend follower based on some good stable indicators). Let me now if I can help out.

    BR Johan

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