start next weekGood luck ...
Try to prevent starting before the news.
But, it seems to me you will trade live before giving it enough time for demo testing !.
Good morning all ...
As Grid-Averager-PRO EA is working in both directions ... It's best time to work in the side-way market ...
Using it in trendy market could make you stuck longer time till close all orders because you will wait the time for price retracement.
But using it in the side-way market, this means the price is normally ranging between upper and lower levels ... Each level is considered as a retracement to the opposite order direction.
Current market conditions -from my point of view- currencies looks trendy. I prefer to use EA v3.2 which works in one direction. This gives less 50% of probability to stuck in DD for waiting the suitable price retracement to close all your orders on profit. To make things go faster, I prefer to let the EA work in the direction of the H4 or D1 directions. If you use low pip step value you even can use H1 as a trend guidance. This can be by enabling only the desired direction from the EA properties.
Using Currency strength indicators "CSI" to get the weakest versus strongest currencies will enable you to trade more confident with even bigger lot size to get more benefit of this phenomena. There are many CSI in the market you can get for free. Just try to do demo testing and see how results will go.
I attached some of testing results on my second live account of about $500 capital ...
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You see that I keep orders floating sometimes for longer time and close them mostly manually when I find some good profit.
These are the first orders that I made directly on my live account using the CSI idea with bigger lots than I used to use.
So, you can try it if you have time to sit at your computer and manage your trades.
Please note that, this is not continuous trading on EA v3.2 ... I have no enough time for full time trading but I do sometimes EA On/Off and sometimes leave it
work when I trade with the trend ...
If you have any new ideas ... You are welcome to share ...
Dear sir if this ea the tralling stop effiected after given pips . it means tralling stop optionHello Friends ...
I have been asked to give an other version of this EA with Comments added to the external EA variables (Settings) ... Here it is, but please note that The EA will produce "THIS IS FREE EA" from time to time in the comment to prevent selling it, because I already has a previous story of one of my "modified" EAs I published on the internet, later I found (till now) two bad guys are selling it even with my name and blog address on the chart, they couldn't hide that because they haven't the robot source code. How bad is that !.
Here is an image of how chart looks like for the new version ...
View attachment 35748
So, please find the new EA version of "No Sleep EA" with the following changes ...
- EA produce from time to time, "THIS IS FREE EA" in the comment column ...
- Added "This EA is distributed for FREE ... It has no Expiry period" on chart ...
- You can change comment upon your desired one from EA settings ...
- Removed unnecessary settings like SL and TrStop and Equity protection because these will never work with this type of EAs.
- Current Profit/Loss of current traded currency (chart) ... even it is not recommended to trade more than one currency pair, but you can see each Currency Profit/Loss on it's own chart.
- Current Orders Profit/Loss for this EA Orders ...
- Account Balance ...
- Account Equity ...
The new features enhances the displayed date on chart to make your trading easier. Also less settings entries to not confuse traders or make them in doubt in some of unnecessary settings.
Please note that the EA deals with it's own opened orders and trader can safely open manual trades if he like.
Please remember these GOLDEN rules ...
- Use the right account type for your account equity as I posted previously.
- Always Kill your GREED desire to trade safely.
If you like this ... Don't forget to share it with your friends and give me like too
Happy and Safe Trading ...
Oh, please ...
I believe sharing settings will not help much and I'm trying to not mislead others with settings could harm their accounts because
different account types, leverages, capitals, brokers, personalities, some couldn't handle my DD or may be opposite, ...
For such reasons I asked you all to try your own settings until you reach the one that suits you,
It could open even 3 or 4 or 5 ...
How is that?
At 22:00, the EA open first order and continue trading until all orders on TP ...Even if we are out of the
trading time filter time, the EA will continue open trades, but if closed all orders will never open new before
next 22:00
is there anyway to prevent to open a new trade ?It opens a new trade because the star trading time is started again. I think this is the only reason can happen.
My friendI reviewed the code ...
Please note the following ...
If you use time filter for example from 20:00 to 22:00
it will trade from 20:00:00 till 22:59:59
so, you you don;t like to trade when 22:00 starts, then use instead 21:00
in this case it will trade this period ...
From: 20:00:00 till 21:59:59
The EA will not open any new trades when trading out of the time filter range ...
Sorry for the wrong info I give you previously.
Please use 0 to get max trades 1 ...
Use 1 if you want to get max trades 2 ... and so ...
Correcting this inside the EA will cost me to change a lot of code due the code
conditions built in inside. In Future if I got a chance to do it, I will for sure.
Please let me know if anything is not clear ... also, please let me know if you succeeded to get what you want.
What happened ?
Waiting your result !
Let others know a new useful info.
My friendPlease try it for the next hour on demo account to be sure![]()