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Some coments from the autor

 

Hi! This is just a very simple EA.

 

 

It waits the price to have a strong fluctuation of x pips in y minutes (field "Limit"= fluctuation value, field "PeriodX" = time, both customisable) and then it opens a reverse position with a grid of limits position to reinforce it (field "Grid" customisable)

 

 

It closes all the positions when the amount (field "Amount", customisable) is reached. You can also say: " if(getProfit()>=AccountBalance()/1000){CloseAll();} if you would like your profit to be proportionate with your balance.

 

 

It is quite risky actually because you may expose yourself with a big amount of lots, that's why uou can also activate the "LockDown" option that will cover your positions after tot pips (recommended around 400= 40 pips). However, I do not recommend to use this EA on a live environemnt biut it just gives you an idea on how much you can expose yourself.

 

 

It can be used on any chart/timeframe but PLEASE optimise it first. This is for a 1M EURUSD but I am pretty sure you can get better results on EURJPY.

 

Enjoy.

 

 

David

 

 

http://www.4shared.com/file/101539410/119e8293/VBS_-_Very_Blondie_System.html

[url]http://codebase.mql4.com/5288[/url]

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