RdzGridTraps
RdzGridTraps is an Expert Advisor (EA) plugin for MetaTrader 4.
RdzGridTraps implements grid methodology to trap the price movements on both up and down side.

RISK WARNING

Before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience and risk appetite. Most importantly, do not invest money you cannot afford to lose.

There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair.



This Expert Advisor (later we call it as EA), will put a multiple hedging orders which will trap on both sides, either up or down. Once the total profit is reached, all orders will be closed and it will create a new one. The order creation process is limited with Start-Stop which mostly covers time in HH:mm:ss format. But EA will still keep running until all orders are reaching the target or loss, or when other conditions in the settings is applied.


Below is the sample of GUI when it started in MetaTrader 4.
c1.PNG

And below is the profit after running tests for 90+ days.
c2.PNG

And below is the result in Live account so far:
BOX (Cents)
Click here to view the details

Not accurate though, but you can discuss all the issues down the forum here in Forex Factory.

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Last edited Jun 14, 2016 at 9:15 AM by radityoardi, version 14