Hi,
I started this EA for practice coding a while ago. It's very simple. No iCustom indicators. just uses in built ma.
Once price is a long way from the 300 moving average (As determined by grid setting.)
The EA simply opens up one trade, on the open of every single bar, back towards the Moving Average until price is no longer above/below the grid setting.
It uses only a take profit. And leaves many many trades open until price has returned back through the take profits.
With the right settings, This system would never lose....but... of course most brokers have a 200 trade limit. So it eventually overtrades and goes into Ordersend error 148. Even on higher timeframes.
So I have some spare time. Any thoughts on how I should finish it? How to more accurately detect the price exhaustion, spread out the trades etc? Filter ideas?
(End goal being to be able to leave the EA on 24/7. Lower the drawdown and keep trades under 200.)
Appreciate any feedback.
TD.
I started this EA for practice coding a while ago. It's very simple. No iCustom indicators. just uses in built ma.
Once price is a long way from the 300 moving average (As determined by grid setting.)
The EA simply opens up one trade, on the open of every single bar, back towards the Moving Average until price is no longer above/below the grid setting.
It uses only a take profit. And leaves many many trades open until price has returned back through the take profits.
With the right settings, This system would never lose....but... of course most brokers have a 200 trade limit. So it eventually overtrades and goes into Ordersend error 148. Even on higher timeframes.
So I have some spare time. Any thoughts on how I should finish it? How to more accurately detect the price exhaustion, spread out the trades etc? Filter ideas?
(End goal being to be able to leave the EA on 24/7. Lower the drawdown and keep trades under 200.)
Appreciate any feedback.
TD.
Attached File(s)
MAGrid (1).mq4
2 KB
|
521 downloads
You can lead a man to knowledge, but you can't make him think.