- July 22, 2017
- Posted by: Forex Wiki Team
- Category: Forex Trading System
It is referred to as Flexy as a result of I would like it to be Versatile, I can place the purchase/promote grid manually or mechanically.
Personally I take advantage of it manually as a result of I wish to have management. I am smarter than this EA, the EA does not take account of different variable i.e. Information and what I am seeing over my eyes and head.Guide Flexy Grid
Computerized Flexy Grid. While you click on the Guide button and it turns into Computerized button in inexperienced colour, you must see a screenshot like that under. In an effort to begin the EA to commerce mechanically, you need to click on the "START" button. It'll change into inexperienced whenever you click on it. Principally the beginning button is a security set off.
The inexperienced window on the highest proper nook accommodates info relating to the fairness, sign and so on. I believe it is self explanatory, if you happen to do not perceive you may ask me.
Anyhow under are the 3 info that may want some rationalization whereas the remaining data are self explanatory.
Buying and selling With Line is for Guide buying and selling, it is going to execute a commerce at any time when the value crosses the Horizontal line object. In an effort to place a commerce utilizing this methodology, you need to edit the thing title by including _B or _S.
_B is for purchase grid, _S is for promote grid.
Instance Purchase Grid
Horizontal Line 3951_B
Promote Grid
Horizontal Line 3951_S
Grid House is the space between every order. By default it's set to 5 pips house.
Grid is the variety of order in a grid. It's rely upon the power the dealer's MT4 in a position to place order. Some dealer is ready to place 100 orders, some 20, some 50 and so on. You could find out by testing it on a demo account or ask their assist concerning the most order their MT4 can take.
Instance:
If the dealer means that you can place 100 Orders, then you must set the grid worth to 49 or 50 grid. It'll place 49 or 50 commerce of Promote/Purchase cease and Purchase/Promote restrict, whole 100 order.
I extremely recommend you to do this on a demo first. Mess around with it first and please give me a few of your suggestions. I recognize it.
USER GUIDE (Compiled by OkSHOP)
FLEXY GRID_1.8 (14 - 7 - 2017)
as at 15/7
AUTOMATED
SET A
Alligator - default
ZigZag, 5, 5, 3
RSI, 14
2 EMA (5 and 10) no shift
MANUAL
TRADING WITH LINES INFO:
NAME_1S
or
NAME_1B
1 signifies Grid Model 101
2 signifies Grid Model 111
2 signifies Grid Model 110
B signifies BUY Grid
S signifies SELL Grid.
GRID STYLE (101 / 111 / 110)
Grid fashion 101, EG BUY GRID VISE VERSA FOR SELL
Promote Cease
Purchase
Promote Restrict
Purchase is the middle of the grid
Promote Cease and Promote Restrict are the majority orders above and under the middle grid.
So the BUY is supposed to be a dropping place that obtained hedged by the Promote orders.
Grid Model 111 EG BUY GRID VISE VERSA FOR SELL
Purchase Cease
Purchase
Purchase Restrict
Purchase is the middle of the grid
Purchase Cease and Purchase Restrict are the majority orders above and under the middle grid.
GRID STYLE 110 BUY VISE VERSA FOR SELL
Purchase Cease
Purchase
Promote Cease
Purchase is the middle of the grid
Purchase Cease and Promote Cease are the majority orders above and under the middle grid.
PIPS SETTING
5.0 = 5 pip for each (4 & 5 decimal account)
HORIZONTAL LINE
NAME_TP
NAME_SL
NAME_C
TP = It'll take revenue (shut the grid) when there's revenue within the grid
SL = It'll cease loss (shut the grid) when the grid place is dropping
C = It'll shut the grid
BREAKEVEN FUNCTION
1. Grid opened
2. You clicked the breakeven button to inexperienced
3. The grid solely has 1 opened place at begin
4. Additional down the road the market executed a few of your pending orders.
5. When you've gotten >=2 order will get executed + breakeven button is inexperienced = BREAKEVEN perform begins working.
Additionally, you will be capable to set the breakeven perform can be run there are >=X energetic orders.
SO there can be 3 parameters
Parameter 1) Use Breakeven? (Boolean)
Parameter 2) Breakeven quantity (double quantity $$$)
Parameter 3) Breakeven triggered after X opened orders (integer)
NEW FIX
Warning num.2 - whenever you click on Shut grid button, EA shut ALL OPENED ORDERS IN MT - not solely orders opened through this EA - there may be error with magic Nr?
Model 1.1
Hello yousername, Many thanks for making your EA obtainable. Wouldn't it be attainable so that you can make it commerce any lot dimension. I would like buying and selling at 0.1 tons. I'm totally conscious of the dangers of Grid Merchants however I consider with enough capital 0.1 tons will be traded efficiently. Thanks and Finest rgds
Model 1.2
As promised. Ver 1.4 Further replace. The enter within the EA setting is extra consumer pleasant now or ought to I say extra descriptive Please let me know if you happen to discovered a bug. When you do, please present a screenshot of the problem. Thanks, I recognize it! Finest Regards Yousername
Within the EA properties or setting, you need to set the worth of "What number of cease/restrict orders per grid" greater than 0. When you set to 0 then you'll solely open an reverse place commerce with none cease/restrict order thus no hedge. From the screenshot I shared, I by chance set the worth to 0 and perhaps that triggered the confusion. So here is a greater screenshot. Please observe that that is only for an instance sake
Model 1.4 [Version 1.3 is included in the Version 1.4, got skipped. You can find ver 1.3 in page 2 tho]
Model 1.7 [What a jump!] Too many to checklist. I'll replace it later.
PLease spend a while scheme by way of the thread. Thanks
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