Disliked{quote} Hi Peter, You need to give details of what you want exactly. Please be specific regarding the requirements. Thanks,Ignored
Thanks for your reply. To be more specific.
The whole idea is to capitalise on the mean reversion of short term moves, and I am thinking about running it day by day - closing open positions at the end of each day. I would like the ea to posess the following grid traits:
Lot size
Size of the grid steps.
Number of grid steps.
Base Take profit level, with additional 3 or 4 take profit levels with choice of percentage of position.
Global take profit as % of equity
Stop loss
Choice of breakouttrade or countertrade
A filter for turning the grid pending orders on and off. Either a volatility filter like, "grid on, if price is outside a volatility channel (Keltner or Bollinger, MA Channel, or donchian could also be used)" Orders should be cancelled if price is inside of channel. Exisiting positions should be kept until TP or SL.
If not to hard, an additional filter i would like is a RSI filter. "Grid on, if Price is lower/higher than RSIxx"
Thank you in advance and kind regards Petter