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Like every other grid ea.. there will be problems in trending situations.
Unless this EA is any different, it will not survive a year worth of pure automation.
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Let me edit:
Yes, this EA will and may survive the trending periods if SET for trending periods. A majority of the grid EA's I have worked with work the opposite, and tend to ranging periods. Regardless, this will never be 100% automated due to the fact that whichever the grid is geared for, it will do poorly in the opposite.
Hence - Ranging Grid EA will crash in A trending environment and vice versa.
And I do not believe anyone should be given the credit for creating a "grid" ea. Grid trading has been around for awhile- making it into an EA doesn't make it an original idea.
Last edited by Walander; 12-28-2008 at 09:26 PM.
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