Thread: grid trapping
View Single Post
  #1 (permalink)  
Old 04-19-2007, 05:55 AM
teldon teldon is offline
Senior Member
 
Join Date: Nov 2006
Posts: 231
teldon is on a distinguished road
grid trapping

i was thinking of this idea ....
need some modification to this EA .
suppose the price is at x .... i need say 20 buystop orders above x and 20 sellstop orders below x with say 10 pip gaps between each order.
place a huge takeprofit but no stoploss..
there should be a function which monitors the profit when it goes to say 30 pips close the whole grid and restart.
Attached Files
File Type: mq4 MakeGrid193.mq4 (27.7 KB, 88 views)
Reply With Quote