Hi All,
Well, this fascinating discussion has been going on for over 3 months now. Thanks to Williama for initiating the topic, and for the programmers - Williama, Rob, Naufrage, and AutoFX - who have worked diligently to construct a working EA.
I don't believe that I could ever trust any EA such as this on a live account, but for use in helping setup the grids, and just as a teaching tool, one could be very useful. AutoFX has taken us very close to this goal. His last EA is very promising, but we need one more programmer to help us take this home. Anyone out there?
I'm sure the few of us who are still following this discussion would provide input to any programmer who would agree to take this on. We have all thoroughly demoed each EA, and have experienced the pluses and minuses of each. For example, the latest EA from AutoFX has a very unusal result in that for some reason, it changes the pip gap (pips of each level) randomly (?). When it does this, it enters new orders based on the new parameters, and in effect, has 2 grids going at the same time. This almost always results in a loss. The strange thing here is that it only happens on the IBFX demo platform (400:1). It doesn't do this on the Alpari demo platform (100:1).
I'm sure there is a simple fix to this, but we need help.
Anyway, thanks to all for the discusion and effort. I respect the decisions of previous posters and programmers to move on, but here's hoping we have one more sole willing to lend a hand.
Regards...marcus